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Mortgage Terms 101: Understanding ‘Cash-Out Refinancing’ and How to Determine if It’s Worth It

August 13, 2014 by Robby Oakes

By learning more about what a cash-out refinance is and what the pros and cons of this type of refinance loan are, you can make a decision that is best for your current and future plans.

Filed Under: Home Mortgage Tips Tagged With: Cash Out Refinancing, Mortgage Tips, Refinance

Five Tips for Managing Your Monthly Budget to Ensure Your Mortgage is Paid On-Time, Every Time

August 12, 2014 by Robby Oakes

Homeowners who are struggling to make their monthly mortgage payments can make it easier on themselves by cutting costs in other areas. Learning how to budget effectively will likely enable homeowners to pay their mortgage payments on-time, every time.

Filed Under: Home Mortgage Tips Tagged With: Mortgage Financing, Mortgage Tips, Paying Your Mortgage

What’s Ahead For Mortgage Rates This Week – Aug 11, 2014

August 11, 2014 by Robby Oakes

Last week’s housing related news was minimal, but a Federal Reserve survey of senior loan officers revealed that although credit standards for commercial and industrial loans as well as credit cards are easing, current mortgage credit standards are more stringent than in 2005.

Filed Under: Market Outlook Tagged With: Federal Reserve, Freddie Mac, Market Outlook

Five Absolute Truths About the Home Buying Process That You Will Need to Come to Terms With

August 8, 2014 by Robby Oakes

Buying a home is an exciting time, but there can be setbacks. In this article we’ll share 5 potential setbacks that home buyers will need to come to terms with to make a successful purchase.

Filed Under: Home Buyer Tips Tagged With: Buying a Home, Home Buying, Real Estate Tips

Is a 40-Year Mortgage Worth It? How to Decide Whether or Not This Longer Term is Right for You

August 7, 2014 by Robby Oakes

If you’re thinking about a mortgage, you may be wondering what length of payment term to choose. Here are some points to consider to see if a 40-year mortgage is appropriate for you.

Filed Under: Home Mortgage Tips Tagged With: 40-Year Mortgage, Mortgage Affordability, Mortgage Loan Information

Why a Detached Garage Can Drastically Improve Your Resale Price

August 6, 2014 by Robby Oakes

While there are many steps that you can take to improve your property, the addition of a detached garage may be beneficial to you and may drastically improve your resale price when you are ready to sell.

Filed Under: Home Seller Tips Tagged With: Home Sales, Home Valuation, Selling a Home

The Summer Buying Season Is Here: 3 Tips to Help You Secure a Favorable Mortgage Rate

August 5, 2014 by Robby Oakes

The best way to ensure you get a good rate on your mortgage is to become an informed buyer. The more you know about mortgages, the more you’ll be able to save, and that doesn’t just mean knowing where to find the best interest rate.

Filed Under: Mortagage Tips Tagged With: Fees, Mortgage Rates, Mortgage Tips

What’s Ahead For Mortgage Rates This Week – Aug 4, 2014

August 4, 2014 by Robby Oakes

Last week’s economic news included a number of housing related reports. According to the National Association of REALTORS, pending home sales dropped by 1.10 percent in June. The S P Case-Shiller Home Price Index reports for May noted that home prices are growing at a slower rate of 9.30 percent year-over-year than April’s year-over-year growth rate of 10.80 percent.

Filed Under: Market Outlook Tagged With: Case Shiller, FOMC, Market Outlook

The 5-Minute Guide To Flood Insurance: What It Is, How It Works, And Whether You Need It

August 1, 2014 by Robby Oakes

Not all homeowners are aware that home insurance policies don’t necessarily cover damage related to a flood, as the risks are too great.

Filed Under: Real Estate Tagged With: Insurance, Real Estate, Real Estate Tips

FOMC Statement: Asset Purchases to end in October, Labor Market Stronger

July 31, 2014 by Robby Oakes

In recent months, investors and economists have speculated on whether or not the Fed would continue tapering its asset purchases under its latest quantitative easing (QE) program, and whether the Fed would raise its target federal funds rate of 0.00 to 0.250 percent.

Filed Under: Market Outlook Tagged With: FOMC, Housing Market, Market Outlook

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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