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Robby Oakes Mortgage Team
A North Carolina Mortgage Originator Committed
to Service and Transparency

Serving Chapel Hill, Durham, Raleigh, Greensboro, Wilmington, Charlotte, Morehead City and all of North Carolina.

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NAHB: Builder Confidence Slips in June

June 20, 2019 by Robby Oakes

Homebuilder confidence dropped two points in June according to the National Association of Home Builders Housing Market Index. June’s index reading was 64, which indicates strong sentiment among home builders for current housing market conditions.

Filed Under: Market Outlook Tagged With: Market Conditions, Market Trends, NAHB

Buying A Home In Foreclosure

June 19, 2019 by Robby Oakes

Foreclosure is a process that happens over many months. There are various opportunities to acquire real estate that is in a different stage of foreclosure, including before the foreclosure process completes. This short guide identifies the different stages and the opportunities that may exist to acquire a property at a discounted price.

Filed Under: Real Estate Tagged With: Foreclosure, Pre-Approval, Real Estate

The Benefits Of Adding An In-Law Apartment To A Home

June 18, 2019 by Robby Oakes

One renovation that may add value to a home is an in-law apartment. Even if a homeowner does not have any relatives, an in-law apartment makes wonderful guest accommodations. It is possible to rent it when unoccupied to earn some money.

Filed Under: Real Estate Tagged With: Home Improvement, Home Renovation, Real Estate

What’s Ahead For Mortgage Rates This Week – June 17th, 2019

June 17, 2019 by Robby Oakes

Last week’s economic reports included readings on inflation, retail sales and consumer sentiment. Weekly readings on mortgage rates and first-time jobless claims were also released.

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

Five Things to Do With a Windfall Other Than Spend it Right Away

June 14, 2019 by Robby Oakes

Perhaps you have won the lottery, received an inheritance, or cashed in one of your investments, and now you have a large sum of money you don’t know what to do with.

Although it is tempting to cruise around town in a brand new sports car it is important to think carefully about how to spend your newfound cash.

To give you some ideas on the smartest way to use your new wealth, here are five things to do with a windfall other than spend it right away:

Filed Under: Personal Finance Tagged With: Inheritance, investment, windfall

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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