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

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How to Remove PMI Without Refinancing

July 30, 2025 by Robby Oakes

Private mortgage insurance, or PMI, is often required when a homebuyer makes a down payment of less than twenty percent. While PMI helps lenders reduce risk, it adds extra cost to your monthly mortgage payment. The good news is that you may be able to remove PMI without refinancing your loan. Understanding the options available can help you save money and accelerate building equity in your home.

Filed Under: Personal Finance Tagged With: Home Equity, Mortgage Advice, PMI Removal

The Effect of Local Job Markets on Mortgage Lending

July 29, 2025 by Robby Oakes

When evaluating the housing market, many people focus on home prices and interest rates. However, one critical factor that often goes unnoticed is the strength of the local job market. Employment trends directly affect mortgage lending by influencing both buyer demand and lender confidence.

Filed Under: Mortagage Tips Tagged With: Job Market Impact, Local Economy, Mortgage Lending

What’s Ahead For Mortgage Rates This Week – July 28th, 2025

July 28, 2025 by Robby Oakes

Very little was released this week due to the major inflation data releases from the previous week. The Leading Economic Index was the most significant–and only–impactful release this week, showing a further decline in overall sentiment about the current economic situation. The majority of the decline was caused largely driven by expectations for business conditions. The decline was faster than expected, enough to warrant continued monitoring of the Leading Economic Index going forward.

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

The Effect of Local Job Markets on Mortgage Lending

July 25, 2025 by Robby Oakes

When evaluating the housing market, many people focus on home prices and interest rates. However, one critical factor that often goes unnoticed is the strength of the local job market. Employment trends directly affect mortgage lending by influencing both buyer demand and lender confidence.

Filed Under: Mortgage Tips Tagged With: Job Market Impact, Local Economy, Mortgage Lending

How to Determine Your Ideal Monthly Mortgage Payment

July 24, 2025 by Robby Oakes

Buying a home is one of the most exciting financial decisions you will ever make, but understanding what you can comfortably afford each month is essential for long-term success. Your ideal monthly mortgage payment should not just fit within your budget today, but also allow for financial flexibility and security in the future.

Filed Under: Mortgage Tips Tagged With: Financial Planning, Home Buying Tips, Mortgage Budget

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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