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Owning vs Renting: Why High Rents Are Worse Than a Mortgage over the Long Term

January 5, 2023 by Robby Oakes

If you’re at the stage in life where home ownership is nearly within your reach, you’re probably wondering whether you should start looking for a home or whether you should just keep renting. So why is paying a high rent a worse option than buying a house and getting a mortgage? Here’s what you need to know.

Filed Under: Mortgage Tagged With: Home Mortgage Tips, Mortgage, Renting

How To Keep Your Address Private

January 4, 2023 by Robby Oakes

There are not a lot of parts of your life that are private anymore. Today, it is relatively easy for someone to go online and look up your address in just a few minutes.

Filed Under: Mortgage Tagged With: Mortgage, Privacy, Real Estate Tips

Creative Holiday Storage Solutions

January 3, 2023 by Robby Oakes

Every holiday season when you get out the decorations, there always seems to be a period of organization where you need to untangle lights, sort out the broken ornaments and just get all of the trimmings in order.

Filed Under: Around The Home Tagged With: Around The Home, Holiday Decorations, Holiday Storage

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

January 2, 2023 by Robby Oakes

Last week’s economic reporting included readings on U.S. housing markets, pending home sales, and weekly readings on mortgage rates and jobless claims.

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

4 Financial Benefits of Home Ownership

December 30, 2022 by Robby Oakes

Home ownership may be one of the most familiar goals of adulthood, but there’s more than one reason why so many people flock towards this type of investment and leave the rental market behind. If you’re trying to decide if you should make the big plunge towards buying, here are some benefits of saving up for a down payment and finding the right place to settle in.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Home Ownership Benefits

Graduating From College? 3 Things You Need to Know About Mortgages and Student Loans

December 29, 2022 by Robby Oakes

Are you thinking about buying a new home using a mortgage loan? If you’ve just graduated from college, you’re probably wondering how your student loans will impact a mortgage and what your options are. In today’s post we’ll share three things that you need to know about mortgages if you’re still working on paying off your student loan debt.

Filed Under: Home Mortgage Tips Tagged With: Homeowner Tips, Mortgage, Mortgage Payments

Lower Your Interest Rate During The First Couple Of Months With A Buydown

December 28, 2022 by Robby Oakes

If you are thinking about purchasing a house today, you have probably realized that mortgage rates have increased significantly. This has made it much harder for people to afford home loans, and these higher rates have had an impact on the lender’s business as well.

Filed Under: Mortgage Tagged With: Buydown, Mortgage, Points

4 Reasons Why Your Mortgage May Be Denied After Pre-approval

December 27, 2022 by Robby Oakes

So you’ve been pre-approved for a mortgage – great! You’ve taken the first step toward becoming a homeowner. But before you start picking out china patterns, you’ll want to keep in mind that a pre-approval isn’t the same thing as a mortgage agreement. There’s still no guarantee that you’ll actually get a mortgage.

But why would a lender deny a mortgage after pre-approving a borrower? Here’s what you need to know.

Filed Under: Home Buyer Tips Tagged With: Home Buyer Tips, Mortgage Approval Issues, Mortgage Tips

What’s Ahead For Mortgage Rates This Week – December 26, 2022

December 26, 2022 by Robby Oakes

Last week’s economic scheduled economic news included readings on sales of previously-owned homes, housing starts, and building permits issued. Readings on the Consumer Price Index, which tracks inflation, were also released along with weekly readings on mortgage rates and jobless claims.

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

NAHB: Home Builder Confidence in Housing Markets Slips in December

December 22, 2022 by Robby Oakes

December’s National Association of Home Builders Housing Market Index reported slipping builder confidence in U.S. housing markets. The Housing Market Index readings fell every month in 2022. Recently rising mortgage rates, materials costs, and inclement winter weather contributed to builder skepticism about current housing market conditions.

Filed Under: Financial Reports Tagged With: Financial Report, Home Builder, Mortgage Rates

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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