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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 – November 6, 2017

November 6, 2017 by Robby Oakes

Last week’s economic news included readings on Case-Shiller home prices, construction spending, and consumer sentiment. Labor sector readings on private and public employment and the national unemployment rate were also released. Weekly readings on mortgage rates and new jobless claims were also released.

Filed Under: Mortgage Rates Tagged With: Mortgage Rates

You Ask, We Answer: Should I Build a New Custom Home or Buy an Existing One?

November 3, 2017 by Robby Oakes

Are you looking to buy a new house in the near future? If so, one of the choices you will face is constructing your own brand-new home or buying an existing home. The idea of building a new house on the right piece of land might sound enticing, but what if you could have a larger, more luxurious existing home in the same neighborhood for a much lower cost?

Filed Under: Home Buyer Tips Tagged With: Buying a Home, Home Buyer Tips, Real Estate Tips

Mortgage 101: How Interest-Only Mortgages Work and Why They’re A Good Solution for Some Buyers

November 2, 2017 by Robby Oakes

Whether you’re a first-time homebuyer or an experienced real estate investor, if you are planning to borrow funds to buy a home you will want to choose the right mortgage product. In today’s blog post we’ll explore how interest-only mortgages work and why they’re the perfect choice for some homebuyers.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Mortgage Rates

Case-Shiller: Home Price Growth Near All-Time High in August

November 1, 2017 by Robby Oakes

Home price growth approached all-time highs in August, but there were signs that prices may have peaked in some U.S. metro-areas. Seattle, Washington held the top rate of home price growth with a seasonally-adjusted annual appreciation rate of 13,20 percent. Las Vegas, Nevada had the second highest growth in home prices with 8.60 percent in August. San Diego, California reported a seasonally-adjusted annual home price growth rate of 7.80 percent.

Filed Under: Housing Market Tagged With: Homes Sales

62 or Older? 3 Reasons Why a Reverse Mortgage Might Be the Perfect Financial Solution for You

October 31, 2017 by Robby Oakes

Are you and your spouse starting to move into your retirement years? If so, you already know that you are going to need a solid financial plan for when your primary sources of income are no longer bringing money in. If you have invested in your retirement, you might be all set. However, what if your house makes up the majority of your net worth?

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Reverse Mortgages

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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