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Robby Oakes Mortgage Team
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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 – July 7th, 2025

July 7, 2025 by Robby Oakes

With next week featuring both the CPI and PPI reports, the release schedule for this upcoming week will be extremely light. This previous week featured a small number of notable data releases. First being the trade deficit which has shown a sharp decline due to the tariff policies, but has increased again with the pause on tariffs. The manufacturing sector has seen growth as well with the PMI Manufacturing data, but inflation also proves to have grown just as much. Lastly, employment numbers have shown a stronger than expected labor market, but there are still expectations that things will cool further.

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

Reflecting on the Meaning of Independence Day

July 4, 2025 by Robby Oakes

As Americans prepare to celebrate the Fourth of July, it is important to reflect on the core values that define our nation: freedom, opportunity, and the pursuit of a better life. These same ideals continue to inspire individuals and families across the country to pursue homeownership, which remains a foundational part of financial independence and long-term security.

Filed Under: Mortgage Tagged With: American Dream, Financial Freedom, Independence Day

Understanding the Basics of Mortgage Securitization

July 3, 2025 by Robby Oakes

Mortgage securitization is the financial process of pooling together multiple mortgage loans and converting them into tradable investment securities. These securities are then sold to investors in the secondary market. This process provides liquidity to lenders, enabling them to issue more loans and support continued access to home financing.

Filed Under: Mortgage Tagged With: Home Loan Basics, Mortgage Market, Mortgage Securitization

Understanding the Federal Housing Administration Title I Home Improvement Loan Program

July 2, 2025 by Robby Oakes

The Federal Housing Administration Title I Home Improvement Loan Program is a government-backed initiative designed to help homeowners finance necessary repairs, upgrades, and improvements to their primary residence. Established under the National Housing Act, this program makes funding accessible for individuals who may not qualify for traditional home equity loans due to limited equity or lower credit scores.

Filed Under: Mortgage Tagged With: Home Improvement Loan, Mortgage Education, Title I Program

The Impact of Gender and Race on Mortgage Approval Rates

July 1, 2025 by Robby Oakes

The mortgage approval process is a critical step in the path to homeownership. While lending guidelines are designed to promote fair and consistent evaluation, studies have shown that disparities persist based on gender and race. These differences raise important concerns about equal access to credit and the long-term effects on wealth building, community development, and financial equity in the United States.

Filed Under: Mortgage Tagged With: Fair Lending, Homeownership Access, Mortgage Equity

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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