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Critical Tips To Consider When Hiring A Home Contractor

July 20, 2023 by Robby Oakes

Do thorough research on potential contractors before hiring them. Check their credentials, licenses, certifications, and experience. Also, look for reviews and testimonials from past clients to get an idea of their work quality.

Filed Under: Mortgage Tips Tagged With: Contractor, License, Mortgage

Why You Should Consider a Home Energy Audit

July 19, 2023 by Robby Oakes

In today’s environmentally conscious world, finding ways to save on energy costs has become increasingly important. One effective method to achieve both goals is by conducting a home energy audit. A home energy audit is a comprehensive assessment of your home’s energy efficiency and helps identify areas where energy is being wasted.

Filed Under: Around The Home Tagged With: Around The Home, Energy Audit, Energy Costs

Understanding Assumable Mortgage Loans

July 18, 2023 by Robby Oakes

An assumable mortgage loan is a type of home loan agreement that allows a homebuyer to assume the existing mortgage of the seller when purchasing a property. In other words, the buyer takes over the seller’s mortgage terms and conditions, including the interest rate, repayment schedule, and remaining balance.

Filed Under: Home Mortgage Tagged With: Assumable Loans, Loan Options, Mortgage

What’s Ahead For Mortgage Rates This Week – July 17, 2023

July 17, 2023 by Robby Oakes

The Consumer Price Index for June rose 0.20 percent in June as compared to May’s reading of 0.10 percent growth and expectations of 0.30 percent month-to-month growth. The core CPI reading, which excludes volatile food and fuel sectors, fell to 0.20 percent growth in June as compared to May’s month-to-month reading of 0.40 percent growth.

Filed Under: Financial Reports Tagged With: Case Shiller, Financial Report, Mortgage Rates

Insufficient Property Appraisal What to Do When the Appraisal Falls Short

July 14, 2023 by Robby Oakes

When buying or selling a property, one crucial step in the process is obtaining an appraisal to determine its value. Appraisals provide an objective assessment of a property’s worth, influencing important decisions such as mortgage approvals, negotiations, and even insurance premiums.

Filed Under: Home Financing Tips Tagged With: Appraisal, Mortgage, New Home

Smart Home Upgrades That Save Energy and Money

July 13, 2023 by Robby Oakes

In an era where environmental consciousness and cost savings are top priorities for homeowners, smart home technology has emerged as a game-changer. With the ability to automate and optimize various aspects of your home, smart home upgrades offer numerous benefits, including energy efficiency and reduced utility bills.

Filed Under: Around The Home Tagged With: Home Improvement, Smart Appliances, Smart Home

How Long Does It Take to Get a Mortgage Approval?

July 12, 2023 by Robby Oakes

When you’re in the process of buying a home, one of the most important steps is obtaining a mortgage approval. This approval signifies that a lender is willing to offer you a loan to finance your dream home. The timeline for getting a mortgage approval can vary depending on several factors.

Filed Under: Mortgage Tagged With: Mortagge Loan, Mortgage, Mortgage Approval

How Long Does It Take to Get a Mortgage Approval?

July 12, 2023 by Robby Oakes

When you’re in the process of buying a home, one of the most important steps is obtaining a mortgage approval. This approval signifies that a lender is willing to offer you a loan to finance your dream home. The timeline for getting a mortgage approval can vary depending on several factors.

Filed Under: Mortgage Tagged With: Mortagge Loan, Mortgage, Mortgage Approval

The Impact of Your Employment History on Mortgage Approval

July 11, 2023 by Robby Oakes

When it comes to applying for a mortgage, lenders take various factors into account to determine your eligibility. One crucial aspect they consider is your employment history. Your employment history provides lenders with valuable insights into your financial stability, income consistency, and ability to repay the loan.

Filed Under: Mortgage Tips Tagged With: Credit Score, Mortgage, Mortgage Loan

What’s Ahead For Mortgage Rates This Week – July 10, 2023

July 10, 2023 by Robby Oakes

Last week’s scheduled economic reporting included readings on construction spending, June’s FOMC meeting minutes, and reports on jobs and the national unemployment rate. Weekly readings on mortgage rates and jobless claims were also released.

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

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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