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Understanding the ‘Qualified Mortgage’ or QM and Why It’s Important to New Home Buyers

July 1, 2014 by Robby Oakes

Are you shopping for a home or a new mortgage? If you are interested in finding the best possible financial product, it is important to consider the benefits of selecting a Qualified Mortgage.

Filed Under: Home Mortgage Tips Tagged With: Mortgage Loan Information, Mortgages, Qualified Mortgage

What’s Ahead For Mortgage Rates This Week – June 30, 2014

June 30, 2014 by Robby Oakes

Last week brought several economic and housing sector reports including Existing Home Sales, Case-Shiller and FHFA home prices for April, as well as New Home Sales.

Filed Under: Market Outlook Tagged With: Existing Home Sales, FHFA, Mortgage

A Guide to Selecting a Home and Property That Will Suit Your Growing Family

June 27, 2014 by Robby Oakes

Both seasoned homeowners and first-time buyers know making the decision to purchase a new home is not one that is taken lightly.

Filed Under: Real Estate Tips Tagged With: Family Homes, Home Purchasing, Selecting a Home

Case-Shiller: Home Price Growth Slows in April

June 26, 2014 by Robby Oakes

The S&P Case-Shiller Index for April shows that while home prices continue to grow, they are doing so at a slower pace as compared to April 2013.

Filed Under: Mortgage Rates Tagged With: Case Shiller, FHFA, Mortgage

Starting to Shop for a Mortgage? How to Assess Your ‘Debt-to-Income Ratio’ and Why This Number Matters

June 25, 2014 by Robby Oakes

For those who are looking to get a mortgage, the most important factor for having a mortgage application approved is the debt-to-income ratio of the borrower.

Filed Under: Home Mortgage Tips Tagged With: Debt To Income Ratio, Mortgage Financing, Mortgage Loan Information

The FHA Hawk Program for New Homebuyers is Coming: Here’s How It Affects Your Mortgage Insurance Premiums

June 24, 2014 by Robby Oakes

The FHA offers many new programs and incentives for new homebuyers to take advantage of so that they can be part of the effort to ease the credit crisis.

Filed Under: Home Mortgage Tips Tagged With: FHA Hawk Program, Mortgage, Mortgage Insurance

What’s Ahead For Mortgage Rates This Week – June 23, 2014

June 23, 2014 by Robby Oakes

Last week’s scheduled economic news included the National Association of Home Builders/Wells Fargo Housing Market Index, Housing Starts and Building Permits. The Fed’s Federal Open Market Committee (FOMC) issued its usual statement at the conclusion of its meeting, and Fed Chair Janet Yellen also gave a press conference.

Filed Under: Market Outlook Tagged With: Mortgage, Mortgage Rates, Unemployment

Dos And Donts Of Buying Distressed Real Estate

June 20, 2014 by Robby Oakes

Distressed real estate is real estate in need of serious repairs. These properties are often called “handyman specials.” If you have the skill or the money to complete the repairs, you can often find great deals. Here are some dos and donts of buying distressed real estate.

Filed Under: Real Estate Tagged With: Distressed Real Estate, DIY, Real Estate Tips

FOMC Statement: Quantitative Easing Tapered by $10 Billion

June 19, 2014 by Robby Oakes

The Federal Open Market Committee (FOMC) determined that current economic conditions warranted another $10 billion reduction in the Fed’s asset purchases.

Filed Under: Financial Reports Tagged With: Financial Reports, FOMC, Unemployment

Should You Finance The Sale Of Your Home By Yourself?

June 18, 2014 by Robby Oakes

You’ve decided to put your home up for sale. Now, how are you going to make the most money selling it and get it sold the fastest? Perhaps you should consider providing owner financing, also known as seller financing.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Owner Finance, Property Financing

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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