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What’s Ahead For Mortgage Rates This Week : October 29, 2012

October 29, 2012 by Robby Oakes

Pricing for both conforming and FHA mortgage rates improved between Monday and Friday, with the majority of gains occurring late in the week.

Filed Under: Mortgage Rates Tagged With: Federal Reserve, New Home Sales, QE3

New Home Supply Remains Firmly In “Seller’s Market” Territory

October 26, 2012 by Robby Oakes

According to the U.S. Census Bureau, the number of new homes sold jumped to 389,000 units in September 2012 on a seasonally-adjusted, annualized basis.

Filed Under: Housing Analysis Tagged With: Mortgage Rates, New Home Sales, New Home Supply

Simple Explanation Of The Federal Reserve Statement (October 24 , 2012)

October 24, 2012 by Robby Oakes

The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday.

Filed Under: Federal Reserve Tagged With: Fed Funds Rate, FOMC, QE3

Home Supplies Drop To Multi-Year Low

October 24, 2012 by Robby Oakes

The National Association of REALTORS® reports Existing Home Sales at 4.75 million units in September 2012 on a seasonally-adjusted, annualized basis, an 11 percent increase from one year ago.

Filed Under: Housing Analysis Tagged With: Existing Home Sales, Existing Home Supply, NAR

The Most Expensive U.S. ZIP Codes (2012 Edition)

October 23, 2012 by Robby Oakes

Using data compiled by real estate market data firm Altos Research, Forbes Magazine recently presented America’s most expensive ZIP codes for 2012.

Filed Under: Rankings Tagged With: Altos Research, Forbes, ZIP Codes

103 Metro Areas On The “Improving” U.S. Markets List

October 10, 2012 by Robby Oakes

The number of U.S. metropolitan area showing “measurable and sustained growth” climbed to 103 this month.

Filed Under: Housing Analysis Tagged With: IMI, Improving Market Index, NAHB

What’s Ahead For Mortgage Rates This Week : October 9, 2012

October 9, 2012 by Robby Oakes

Mortgage markets worsened last week for the first time in a month last week.

Filed Under: Mortgage Rates Tagged With: Eurozone, Greece, Non-Farm Payrolls

Fed Minutes Detail QE3 Discussion; Mortgage Rates Down

October 5, 2012 by Robby Oakes

The minutes from the Federal Reserve’s September Federal Open Market Committee meeting were released Thursday.

Filed Under: Federal Reserve Tagged With: Fed Minutes, FOMC, QE3

With Tomorrow’s Job Report Due, Mortgage Rates May Finally Rise

October 4, 2012 by Robby Oakes

Friday morning, at 8:30 AM ET, the government releases its Non-Farm Payrolls report for September. Mortgage rates may rise if job growth was strong.

Filed Under: The Economy Tagged With: Bureau of Labor Statistic, NFP, Non-Farm Payrolls

How To Help Your Home Appraise At Its Fair Market Value

October 3, 2012 by Robby Oakes

Home appraisals thwart 33 percent of home purchase contracts nationwide. Here are steps you can take to help your home appraise at value.

Filed Under: Personal Finance Tagged With: Home Appraisal, NBC, The Today Show

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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