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

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Over 5 Trillion Dollars In Home Equity May Lead To More Cash Out Transactions

March 27, 2018 by Robby Oakes

US homeowners now have over 5 trillion dollars in home equity which is a very large amount of money! So this year may be the year for a lot of cash out refinances and other home equity mortgage products. Most often, when you are purchasing a home, you are buying at or below the appraised value and you are making a down payment.

Filed Under: Mortgage Tagged With: Cash Out, Home Equity, Mortgage

What’s Ahead For Mortgage Rates This Week – March 26th, 2018

March 26, 2018 by Robby Oakes

Last week’s economic releases included readings on new and pre-owned home sales and the Federal Open Market Committee’s customary post meeting statement. Fed Chair Jerome Powell gave his first press conference as Chair of the Federal Reserve and FOMC. Weekly readings on mortgage rates and first-time jobless claims were also released.

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

6 Top Trending Green Features To Consider When Remodeling

March 23, 2018 by Robby Oakes

Sustainable materials, energy savings and smart home technology are high on the list of buyer wants in a home. But there are some other architectural and design trends that will change the way Americans live in 2018 and beyond. When planning a remodel, it pays to pay attention to green features, as well as to improved floor plans that will make a home more comfortable, more appealing and more functional.

Filed Under: Real Estate Tagged With: Energy Savings, Home Improvements, Real Estate

What Changes Occurred In FHA And FNMA Rules During 2018?

March 22, 2018 by Robby Oakes

Those who are involved in the mortgage industry must keep updated on changes to FHA, and Fannie Mae (FNMA) loans. Since loan limits and other changes are often made annually, keeping up with these changes helps make sure consumers get the right information at the time of their application.

Filed Under: Mortgage Tagged With: FHA, FNMA, Mortgage

7 Excellent Ideas For Building An Eco-Friendly Home

March 21, 2018 by Robby Oakes

In recent years, building an environmentally friendly home or updating an existing home to be more energy efficient has become much more mainstream. While building an entirely green residence isn’t always fiscally possible, simple eco-friendly building techniques and upgrades will ultimately lower your water and electricity bills.

Filed Under: Real Estate Tagged With: Emissions, Energy Savings, Real Estate

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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