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The Role of A Down Payment: How Much Should I Save?

November 7, 2023 by Robby Oakes Leave a Comment

Buying a home, a car, or any significant investment often involves making a down payment. The down payment is a crucial part of the purchasing process, as it can impact your loan terms, interest rates, and monthly payments. But how much should you save for a down payment, and why is it so important? Understanding […]

Filed Under: Home Mortgage Tagged With: Down Payment, Mortgage, New Home

What’s Ahead For Mortgage Rates This Week – November 6, 2023

November 6, 2023 by Robby Oakes Leave a Comment

The most important data of the quarter was released, signaling the direction for many markets and where economic policy may be headed. Jerome Powell as well as other members of the Federal Reserve spoke about the state of economic policy, informing many parties about their decisions to remain hawkish or dovish in their approach. Further […]

Filed Under: Financial Reports Tagged With: Financial Reports, Jobless Claims, Mortgage Rates

Ways To Be Financially Prepared for an Emergency

November 3, 2023 by Robby Oakes Leave a Comment

It’s important to be financially prepared for emergencies so that you can handle unexpected expenses or situations without having to worry about your financial stability. Here are some ways to financially prepare for emergencies: Build an emergency fund: Start by building an emergency fund that can cover at least 3-6 months of your living expenses. […]

Filed Under: Budget, Homeowner Tips Tagged With: budgeting, Emergency Funds, Savings

Will Getting a Mortgage Help My Credit Score?

November 2, 2023 by Robby Oakes Leave a Comment

Getting a mortgage can potentially help your credit score, as long as you make your payments on time and in full each month. Payment history is one of the most important factors that influence your credit score, so consistently making your mortgage payments on time can have a positive impact on your credit score over […]

Filed Under: Credit, Homeowner Tips Tagged With: Credit Score, Home Mortgage Tips, Mortgage Applications

Planning Your Mortgage Budget for the Holiday Season

November 1, 2023 by Robby Oakes Leave a Comment

The holiday season is a time of joy and celebration, but it can also be a challenging time for your finances, especially if you’re juggling the responsibilities of a mortgage. However, with some thoughtful planning and budgeting, you can ensure that you enjoy the festivities without putting your financial stability at risk.  I will provide […]

Filed Under: Budget, Home Tips Tagged With: Holiday Savings, Mortgage Payment, Sales, Savings

Setting Your Budget: How to Analyze Your Finances to Determine How Much Mortgage You Can Afford

October 6, 2023 by Robby Oakes

In today’s post we’ll take a look at a few ways that you can analyze your financial situation to help decide how much mortgage you can truly afford.

Filed Under: Home Mortgage Tips Tagged With: Mortgage Affordability, Mortgage Financing, Mortgage Loan Information

Simple Tips for a Stunning First Impression

October 5, 2023 by Robby Oakes

Begin with a Welcoming Entrance: The front door is the gateway to your home, and a fresh coat of paint can do wonders to revitalize its appearance. Consider selecting a color that complements your home’s style and personality. Don’t shy away from bold choices that create a statement.

Filed Under: Mortgage Tagged With: Curb Appeal, First Impression, Yard

Buying or Selling a Home This Winter? Keep These Tax Tips in Mind!

October 4, 2023 by Robby Oakes

With all of the expense that can go into buying or selling your home, it’s good to be aware of what you can claim and how a home can benefit you come tax time.

Filed Under: Homebuyer Tips Tagged With: Home Buyer Tips, Home Seller Tips, Mortgage

4 Facts You Need to Know Before Setting Up a Mortgage Escrow Account

October 3, 2023 by Robby Oakes

Buying a home involves a variety of nuances and strange-sounding terms, and one of the least understood aspects of the home buying process is the escrow account. Essentially, an escrow account is a third party bank account your lender can require you to pay into in order to cover certain costs related to your home. Your lender uses an escrow account to ensure that property taxes and home insurance fees get paid on time.

Filed Under: Home Mortgage Tips Tagged With: Escrow Account Information, Home Buyer Tips, Home Mortgage Tips

What’s Ahead For Mortgage Rates This Week – October 2, 2023

October 2, 2023 by Robby Oakes

Next week, the unemployment data is going to be released, as initial jobless numbers are going to come in. This is a key indicator because rising interest rates generally lead to more layoffs, which could jeopardize the Fed’s goal of a soft landing.

Filed Under: Financial Reports Tagged With: Consumer Index, Financial Report, Mortgage Rates

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Robby Oakes


Robby Oakes

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NMLS# 91606

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