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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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Fed Holds Key Rate Steady As It Watches Economic Trends

June 25, 2019 by Robby Oakes

Federal Reserve policymakers held the federal funds rate at its current range of 2.25 to 2.50 percent. Analysts speculated that the Fed may lower its key rate based on signs of slowing economic growth and the President’s encouragement to lower the Fed rate.

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

What’s Ahead For Mortgage Rates This Week – June 24th, 2019

June 24, 2019 by Robby Oakes

Last week’s economic reports included monthly readings on housing market conditions, housing starts and building permits issued. Sales of pre-owned homes were released; the Federal Reserve announced its decision not to raise its key interest rate range.

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

Pros And Cons Of Installing A Pet Door

June 21, 2019 by Robby Oakes

If you’ve just moved into your new home and you have a pet, you may be thinking of installing a pet door. A pet door is a permanent door feature that is cut into the bottom third of an entry door. Before making a permanent alteration to your door, consider the pros and cons of installing a pet door.

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

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

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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