Robby Oakes Mortgage - Chapel Hill Mortgage Lender | Robby's Blog about Mortgages in Raleigh, Durham, Chapel Hill, and Crystal Coast area of NC

Buyer Beware: Three Major Red Flags to Watch for When Visiting Open Houses

July 14, 2017 by Robby Oakes

Open houses are a good opportunity to get out and about to see what kind of home you’re looking for, and if it will work for you. Fortunately, they can also be a good opportunity to find out some things about the house you’re looking at that might not be listed on the website and may be less than flattering. If you’re wondering what red flags to watch out for, pay attention to the following things the next time you’re at a showing.

Understanding Your FICO Score and Why Small Credit Mistakes Can Cause Huge Headaches

July 13, 2017 by Robby Oakes

Many people all over the world are dealing with issues involving debt or poor credit history, but most aren’t necessarily aware of what exactly makes up their credit score. Unfortunately, it might seem like it’s the big stuff that counts when it comes to credit, but little things can have a significant impact on your financial health. If you’re looking to improve your understanding and your finances, here’s what you need to know about small mistakes and your FICO score.

With Mortgage Rates This Low, Should You Dive In? 3 Reasons Why Now Might Be the Time

July 12, 2017 by Robby Oakes

Whether you’ve just finished school or are about to start a family, investing in a home can be one of the biggest financial decisions of your life. But as you’ll soon discover, there are a number of considerations you’ll need to make. It can be difficult to know whether to get a short-term or long-term mortgage, or how long of an amortization period you’ll need.

Location, Location, Location: How to Ensure You’re Buying a Home in the Right Community

July 11, 2017 by Robby Oakes

When investing in a home, one of the most important things is buying a place that you and your family can feel comfortable in. If you’re wondering what you should be looking for in the neighborhood you choose, here are a few things to consider before making an offer on a home.

What’s Ahead For Mortgage Rates This Week – July 10, 2017

July 10, 2017 by Robby Oakes

Last week’s economic reports suggested that demand for homes is rising despite a jump in mortgage rates and rising home prices fueled by low inventories of homes for sale. Demand for homes rose by 1.40 percent as interest rates jumped after the 10-year Treasury rate rose by 10 basis points.

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