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

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The Differences Between Hard and Soft Credit Inquiries

December 12, 2024 by Robby Oakes

Credit inquiries, also known as credit pulls or checks, are a standard part of assessing creditworthiness. However, not all credit inquiries are the same. They fall into two main categories: hard and soft credit inquiries.

Filed Under: Credit Scoring Tagged With: Credit Health, Financial Literacy, Hard Vs Soft Inquiries

5 Financial Tasks to Tackle Before the New Year

December 11, 2024 by Robby Oakes

As the year draws to a close, it’s the perfect time to take stock of your financial health and set yourself up for success in the coming year. You can create a solid foundation to achieve your goals by focusing on key areas. Here are five important financial tasks to consider before the new year begins.

Filed Under: Holidays Tagged With: Budgeting Tips, Financial Planning, Year End Goals

Will Refinancing Impact Your Credit?

December 10, 2024 by Robby Oakes

Refinancing a mortgage can provide significant financial benefits, such as lowering your interest rate or accessing home equity. However, it’s important to understand how the process may temporarily affect your credit score.

Filed Under: Credit Scoring Tagged With: Credit Health, Mortgage Tips, Refinance Smart

What’s Ahead For Mortgage Rates This Week – December 9th, 2024

December 9, 2024 by Robby Oakes

With the CPI and PPI scheduled for release in the upcoming week, the previous week was lightly peppered with a small amount of impactful financial data releases. The highlight was the S&P Manufacturing PMI, which reported final numbers for the year showing better-than-expected improvements in the manufacturing sector. Unemployment data also aligned with expectations, reinforcing the likelihood of a Federal Reserve rate cut remaining on track. Lastly, the Consumer Credit Report had the expected jump just before the Holiday Season as consumers relied on credit to make holiday purchases for the end of the year.

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

Why Refinancing Your Mortgage Before the Year Ends Is a Great Option

December 6, 2024 by Robby Oakes

As the year comes to a close, it’s the perfect time to consider refinancing your mortgage. Whether you’ve been thinking about lowering your monthly payment, securing a better interest rate, or tapping into your home’s equity, refinancing can offer many benefits.

Filed Under: Mortgage Rates Tagged With: Mortgage Rates, Refinance, Tax Benefits

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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