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Robby Oakes Mortgage Team
A North Carolina Mortgage Originator Committed
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Serving Chapel Hill, Durham, Raleigh, Greensboro, Wilmington, Charlotte, Morehead City and all of North Carolina.

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What’s Ahead For Mortgage Rates This Week – November 28, 2022

November 28, 2022 by Robby Oakes

Last week’s economic reporting included readings on new home sales and consumer sentiment. Weekly readings on mortgage rates and jobless claims were also published. No economic data was published Thursday or Friday due to the Thanksgiving holiday.

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

Five Unique Renovations That Can Make Small Living Spaces Feel Bigger

November 23, 2022 by Robby Oakes

Just because you live in a small space doesn’t mean your home needs to feel cramped. There are several renovations that are popular among interior designers to make a space feel larger. Incorporate them into your own home to give it a more open, spacious feel.

Filed Under: Around The Home Tagged With: Around The Home, Homeowner Tips, Upgrades and Renovations

Escrow And Your Mortgage: The Most Important Points To Know

November 22, 2022 by Robby Oakes

There are a lot of complicated terms thrown around regarding your mortgage, and one of them is an escrow account. You will probably hear that your lender will collect some additional money every month for escrow payments. If you take a look at your mortgage statement, you will see your interest, your principal, and your escrow. What does this mean, and why do you have to pay additional money that isn’t going toward the balance of your loan?

Filed Under: Mortgage Tagged With: Escrow, Mortgage, New Home

What’s Ahead For Mortgage Rates This Week – November 21, 2022

November 21, 2022 by Robby Oakes

Last week’s economic reporting included readings on U.S housing markets, housing starts, and building permits issued. Data on sales of previously-owned homes were released along with weekly reports on mortgage rates and jobless claims.

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

3 Ways That a Reverse Mortgage Can Transform Your Retirement

November 18, 2022 by Robby Oakes

Are you a retired individual looking for ways to increase your financial security? If so, you may have heard of a home equity conversion mortgage, more commonly known as a reverse mortgage. Used correctly, this is one of the most effective financial products for retirees who own their home.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Reverse Mortgages

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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