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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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What’s Ahead For Mortgage Rates This Week – December 16th, 2019

December 16, 2019 by Robby Oakes

Last week’s economic reports included readings on inflation and retail sales; the Federal Reserve released its post-meeting statement from its Federal Open Market Committee. Weekly readings on mortgage rates and new jobless claims were also released.

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

3 Traps First-Time Homebuyers Fall Into — And How To Avoid Them

December 13, 2019 by Robby Oakes

When someone purchases their first home, this is a significant step. There are a number of issues that people need to think about because purchasing a home is typically someone’s most significant investment.

Filed Under: Real Estate Tagged With: Financing, First-Time Homebuyers, Real Estate

FOMC Statement: Fed Holds Steady On Its Interest Rate Range

December 12, 2019 by Robby Oakes

The Federal Open Market Committee of the Federal Reserve announced its unanimous decision not to change to the current target federal funds range of 1.50 to 1.75 percent. The committee’s customary post-meeting statement said the decision not to change the Fed’s target range for federal funds was based on factors including a strong labor market, moderate economic growth, continued job growth, and low unemployment.

Filed Under: Market Outlook Tagged With: FOMC, Market Outlook, Market Trends

How Much Do I Need To Start Investing In Real Estate?

December 11, 2019 by Robby Oakes

It is important for everyone to diversify their investments and one of the assets that people often look toward is real estate. In a healthy market, real estate should appreciate in value.

Filed Under: Real Estate Tagged With: Crowdfunding, Investment Property, Real Estate

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

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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