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

Feeling ‘Priced Out’ of Your Local Market? Here’s How You Can Still Buy a Great New Home

March 7, 2017 by Robby Oakes

If you’re trying to buy a new home, few things are more frustrating than a hot real estate market. When home prices are climbing fast it can feel like you’ll never be able to save enough for your down payment. In today’s post we’ll share a few ways that you can get in – even if you’re feeling priced out.

What’s Ahead For Mortgage Rates This Week – March 6, 2017

March 6, 2017 by Robby Oakes

Last week’s economic readings included reports on construction spending, Case-Shiller Home Price Indices and pending home sales. Fed Chair Janet Yellen said in a speech that federal interest rates would “likely” be raised. Weekly reports on new jobless claims and mortgage rates were also released.

Thinking About Refinancing Your Mortgage? 4 Ways to Ensure It’s Worth Your Time

March 3, 2017 by Robby Oakes

If you’re familiar with the real estate market, you’ve likely heard the term ‘refinancing’ and may be wondering what this can mean for your mortgage and your financial well-being. While refinancing can be a great benefit for those who are looking for a lower interest rate or a different mortgage type, here are the details on what it can offer and whether or not it will work for you.

Case-Shiller: December Home Prices Highest in More Than Two Years

March 2, 2017 by Robby Oakes

December home prices continued to rise per December readings for Case-Shiller’s National and 20-City Home Price Indices. On average, national home prices increased by 5,80 percent year-over-year and exceeded November’s year-over-year reading of 5.60 percent. The 20 City Index, which analysts follow more closely than the National Home Price Index, posted a year-over-year gain of 5.60 percent in December, which exceeded an expected reading of 5.40 percent and November’s year-over-year reading of 5.20 percent growth.

Selling Your Home? 3 Ways You Can Use Your Social Network to Speed up Your Sale

March 1, 2017 by Robby Oakes

There are many traditional ways to sell your home, from the MLS listings to a sign in the front yard. However, the ease of the Internet and the utility of social media can make it easier than ever to find the right buyer. If you’re getting prepared to put your home on the market and are trying to determine a strategy, here are some ways you can use social media to improve your selling odds.

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