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Home Builder Index Dips in January

January 19, 2017 by Robby Oakes

January’s National Association of Home Builders Housing Market Index dipped two points from December’s revised reading of 69 to 67; the index reading forecast for January was also 69.Analysts said that January’s reading was the second highest (after December 2016) since the peak of the housing bubble in 2005. January’s dip in builder sentiment was attributed to easing of builder enthusiasm, which spiked right after the U.S. presidential election. To put January’s home builder confidence reading in context, NAHB says that any index reading over 50 indicates that more builders than fewer have confidence in housing market conditions.

Filed Under: Home Values Tagged With: Homes Sales

Get Your Mortgage Paid Down Faster With These 5 Simple Money Saving Strategies

January 18, 2017 by Robby Oakes

The monthly mortgage payment can be burdensome for many, but it’s possible you’ve thought of trying to pay it down more quickly. Without getting a new job or working overtime, here are some tips you can use on a daily basis to save additional funds and pay off your mortgage at a swifter rate.

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

What’s Ahead For Mortgage Rates This Week – January 17, 2017

January 17, 2017 by Robby Oakes

Last week’s economic reports included readings on job openings, retail sales and consumer sentiment in addition to weekly reports on new jobless claims and Freddie Mac’s survey of mortgage rates.

Filed Under: Mortgage Rates Tagged With: Mortgage Rates

What’s Ahead For Mortgage Rates This Week – December 17, 2017

January 17, 2017 by Robby Oakes

Last week’s economic reports included readings on job openings, retail sales and consumer sentiment in addition to weekly reports on new jobless claims and Freddie Mac’s survey of mortgage rates.

Filed Under: Mortgage Rates Tagged With: Mortgage Rates

Wondering How Much Mortgage You Can Afford? Here’s How to Calculate It

January 13, 2017 by Robby Oakes

Many people are aware of the financial commitment that is involved when investing in a home, but what that amounts to is different for every person. From what you can afford to what a lender will allow, there are plenty of details involved in determining the right home for you. If you’re not quite sure what the right price is, here’s how to approach home ownership and determine your debt-to-income.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Mortgages and Credit

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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