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November 2012 Non-Farm Payrolls Report May Show Hurricane Sandy Effects

December 6, 2012 by Robby Oakes

If you are currently in the market for, or are undecided about a mortgage, consider locking your mortgage rate today. Friday’s Non-Farm Payrolls report represents mortgage rate risk.

Filed Under: The Economy Tagged With: ADP, BLS, Non-Farm Payrolls

Short Sale : Writing A Letter Of Hardship

December 5, 2012 by Robby Oakes

The short sale process starts with a letter of hardship.

Filed Under: Personal Finance Tagged With: Distressed Property, Hardship Letter, Short Sale

How To Maintain Adequate Homeowners Insurance Coverage

December 4, 2012 by Robby Oakes

Whether you’re buying a home, or own one already, revisit your hazard insurance regularly.

Filed Under: Personal Finance Tagged With: Dwelling Coverage, Homeowner's Insurance, Liability Coverage

A Look At This Week’s Mortgage Rates : December 3, 2012

December 3, 2012 by Robby Oakes

This week, there is little on the U.S. economic calendar, save for Friday’s Non-Farm Payrolls report. Wall Street is expecting to see 80,000 net new jobs created in November, and a rise in the national Unemployment Rate to 8.0%.

Filed Under: Mortgage Rates Tagged With: Ben Bernanke, Consumer Confidence, Freddie Mac

Pending Home Sales Index Leaps To Multi-Year High

November 30, 2012 by Robby Oakes

According the National Association of REALTORS® (NAR), the Pending Home Sales Index rose 5.2 percent in October, crossing the benchmark 100 reading, and moving to 104.8.

Filed Under: Housing Analysis Tagged With: NAR, Pending Home Sales Index, PHSI

Case-Shiller Index Verifies Home Value Gains Through Q3 2012

November 28, 2012 by Robby Oakes

According to the S&P/Case-Shiller Index, which was released earlier this week, U.S. home prices rose in September for the sixth straight month, climbing 0.3% as compared to the month prior.

Filed Under: Housing Analysis Tagged With: Case-Shiller Index, Home Values, Housing Market

Which Is Better : 15-Year Fixed Rate Mortgage Or 30-Year Fixed Rate Mortgage?

November 27, 2012 by Robby Oakes

Which suits you best? The 15-year fixed rate mortgage or the 30-year one? These tips may help you decide.

Filed Under: Personal Finance Tagged With: 15-Year Fixed Rate Mortgage, 30-Year Fixed Rate Mortgage, Amortization

Simple, Inexpensive Ways To Prep Your Home For Sale

November 26, 2012 by Robby Oakes

Here are four inexpensive, yet highly effective, ways to prepare your home for sale.

Filed Under: Around The Home Tagged With: Home Staging, Paint, Windows

More Bullish Data : Housing Starts Climb 3.6%

November 23, 2012 by Robby Oakes

According to a joint release from the U.S. Census Bureau and the Department of Housing and Urban Development, Housing Starts rose 3.6% in October 2012, climbing to a seasonally-adjusted, annualized rate of 894,000 units.

Filed Under: Housing Analysis Tagged With: Census Bureau, Existing Home Sales, Housing Starts

Existing Home Sales Move Higher In October

November 21, 2012 by Robby Oakes

After a small decline in September, Existing Home Sales rebounded in October, increasing a modest 2.1%.

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

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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