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Dodd-Frank’s Latest Gift: The Qualified Mortgage Rule

January 9, 2014 by Robby Oakes Leave a Comment

The Dodd-Frank Wall Street Reform and Consumer Protection Act’s latest provision – the Qualified Mortgage rule – is going to effect on January 10, 2014.

Filed Under: Home Buyer Tips Tagged With: Home Buyer Tips,Qualified Mortgage,Mortgage Rates

3 Considerations When Making A Down Payment

January 8, 2014 by Robby Oakes Leave a Comment

One of the challenges you will face when deciding how much money to put down on your new home is whether to put down a larger down payment or to take a bit of money from your down payment and use it to pay “discount points” to lower your interest rate.

Filed Under: Home Buyer Tips Tagged With: Home Buyer Tips,Down Payment,Qualifying For A Loan

Case Shiller Price Index Shows Highest Year-Over-Year Gains Since 2006

January 7, 2014 by Robby Oakes Leave a Comment

The Case-Shiller 10 and 20-City Home Price Indices for October were released on December 31. Although home prices in most cities continued to show year-over-year gains, the pace of home price appreciation is expected to slow in 2014.

Filed Under: Housing Analysis Tagged With: Housing Analysis,Housing Market Index,Mortgage Rates

What’s Ahead For Mortgage Rates This Week – January 6, 2014

January 6, 2014 by Robby Oakes Leave a Comment

The last week of 2013 brought relatively good news in view of the economic roller coaster rides caused by legislative impasse. A brief shutdown of federal government agencies, and nail-biting suspense over if and when the FOMC of the Federal Reserve would taper its quantitative easing program.

Filed Under: Mortgage Rates Tagged With: Mortgage Rates,Housing Analysis,Week In Review

5 Ways To Use Your Dead Christmas Tree

January 3, 2014 by Robby Oakes Leave a Comment

The holiday season is coming to an end. It’s time to pack up the stockings, and take the ornaments off the tree.

Filed Under: Around The Home Tagged With: Around The Home,After The Holiday Tips,Dead Christmas Tree

Face The Numbers, A Mortgage That Works For You

January 2, 2014 by Robby Oakes Leave a Comment

Before taking out a mortgage to buy a home, it’s time to take a realistic survey of your finances so that you can determine your price range and what size of home you can comfortably afford.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips,Mortgage Rates,Home Prices

New Home Sales Show Healthy Year-Over-Year Increase

December 31, 2013 by Robby Oakes 1 Comment

The holiday season and winter weather slowed home sales in November. Last week, the NAR reported that sales of existing homes had slumped to their lowest level in nearly a year, but this was not unexpected.

Filed Under: Housing Analysis Tagged With: Housing Analysis,New Home Sales,Exsisting Home Sales

What’s Ahead For Mortgage Rates This Week – December 30, 2013

December 30, 2013 by Robby Oakes Leave a Comment

The University of Michigan’s Consumer Sentiment Index was improved for December at 82.5, after the November reading was adjusted from 82.5 to 75. Analysts noted that consumers were relieved when legislative gridlock ended.

Filed Under: Mortgage Rates Tagged With: Mortgage Rates,Housing Analysis,Home Builder Confidence

How To Build An Outdoor Fire Pit

December 27, 2013 by Robby Oakes Leave a Comment

With most of the country easing into full-on winter weather, last-minute outdoor projects need to happen soon. And what better way to enjoy a cozy holiday season than by drinking hot chocolate and roasting marshmallows at your very own outdoor fire pit.

Filed Under: Around The Home Tagged With: Around The Home,Outdoor Fire Pit,Holiday Tips

Pitfalls And Warning Signs Of Making A Down Payment

December 26, 2013 by Robby Oakes Leave a Comment

When you already have a home, you may be interested in determining if a refinance is a good option. You will not have to worry about restrictions on down payments or some of the problems that can occur with a down payment.

Filed Under: Home Buyer Tips Tagged With: Home Buyer Tips,Down Payment,Mortgage Payments

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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