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Can A Reverse Mortgage Impact Your Social Security Or Medicare Benefits?

December 10, 2019 by Robby Oakes

One of the most common worries that people have is money. When it comes to those golden retirement years, many people worry about running out of money. At the same time, most people who reach their retirement years have a lot of equity in their home.

Filed Under: Mortgage Tagged With: Financing Options, Mortgage, Reverse Mortgage

What’s Ahead For Mortgage Rates This Week – December 9th, 2019

December 9, 2019 by Robby Oakes

Last week’s economic reports included readings on construction spending and multiple labor sector reports including private and public sector jobs and the national unemployment rate. Weekly reports on average mortgage rates and first-time jobless claims were also released.

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Mortgage Rates

5 Essential Tips For Painting A House

December 6, 2019 by Robby Oakes

When someone makes the decision to purchase a home, they often want to add their own personal touch, style, and flair to the home. One of the ways to do this is to paint the home. Of course, painting a home is a significant investment in terms of both time and money. It is important for everyone to keep a few tips in mind to make sure this process goes smoothly.

Filed Under: Real Estate Tagged With: Home Improvement, House Painting, Real Estate

Should You Get A Second Mortgage To Pay For College?

December 5, 2019 by Robby Oakes

College is expensive and everyone needs to think about how they are going to cover the costs. Some of the costs include tuition, room and board, meals, books, and spending money.

Filed Under: Mortgage Tagged With: College Expense, Mortgage, Refinance

Case Shiller, FHFA Report Uptick In Home Price Growth In September

December 4, 2019 by Robby Oakes

Case-Shiller’s National Home Price Index showed 3.20 percent national home price growth in September, which was 0.10 percent higher than August’s reading of 3.10 percent. The 20-City Home Price Index showed the continued impact of exorbitant home prices on both coasts as home price growth slowed in high-cost areas and smaller markets experienced upward pressure on home prices as home buyers were seeking affordable homes.

Filed Under: Real Estate Trends Tagged With: Case Shiller, Market Outlook, Market Trends

How Are Mortgage Rates Determined?

December 3, 2019 by Robby Oakes

When someone is interested in buying a home, there are a number of factors that people need to consider. Some of these include the budget, the size of the home, and the mortgage interest rates.

Filed Under: Mortgage Tagged With: Market Conditions, Mortgage, Mortgage Rates

What’s Ahead For Mortgage Rates This Week – December 2nd, 2019

December 2, 2019 by Robby Oakes

Last week’s economic news included readings from Case-Shiller Home Price Indices, readings on new and pending home sales and weekly readings on mortgage rates and new jobless claims. The holiday break on Thursday and Friday curtailed some economic reports.

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Mortgage Rates

How Much Of A Down Payment Should I Make On My Home?

November 29, 2019 by Robby Oakes

There are a lot of steps that people need to take when buying a home. One of the most common issues that people discuss is the down payment. Most banks will require a down payment so that they aren’t the only ones taking on the risk of buying a home. The common question people have is how much of a down payment they should apply.

Filed Under: Mortgage Tagged With: Down Payment, Mortgage, PMI

3 Crucial Questions To Ask Before You Co-Sign A Mortgage

November 27, 2019 by Robby Oakes

A mortgage is a significant responsibility. For this reason, many people have someone co-sign with them on their mortgage. Before agreeing to co-sign on any mortgage, it is important to ask the right questions. There are several crucial questions that everyone should ask before they co-sign on someone else’s mortgage.

Filed Under: Mortgage Tagged With: Co-Sign, Financing Options, Mortgage

3 Signs You’re Not Ready To Buy A Home

November 26, 2019 by Robby Oakes

Those who are looking at buying a home need to think about whether or not they are truly ready for this responsibility. When someone takes out a mortgage, this is frequently the largest loan someone will ever apply for in their life. Furthermore, owning a home also means homeowners insurance, real estate taxes, home maintenance, and home repairs.

Filed Under: Mortgage Tagged With: Debt Management, Mortgage, Savings

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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