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

NAHB: Home Builder Confidence Drops in January

January 24, 2018 by Robby Oakes

Homebuilder confidence in housing market conditions dipped two points in January; ongoing challenges including labor shortages and materials costs were cited by the National Association of Home Builders, which provides monthly readings on home builder sentiment. Three component readings of the Housing Market Index declined by one point each. Readings for current sales conditions, housing market conditions for the next six months and for buyer traffic within new single-family housing developments were 79, 78 and 54 respectively.

Shopping for a Mortgage? Don’t Make These Key Mistakes That Trip Up First-time Buyers

January 23, 2018 by Robby Oakes

Are you ready to dive into the real estate market for the first time? Buying a new house, condo or apartment is an exciting experience that sets you on the path to building your net worth. However, if you are planning to take out a mortgage, you should be aware that there are some potential pitfalls to avoid

What’s Ahead For Mortgage Rates This Week – January 22, 2018

January 22, 2018 by Robby Oakes

Last week’s economic news included readings on home builder confidence, housing starts and building permits issued. Weekly readings on mortgage rates and new jobless claims were also released; the week wrapped with the University of Michigan’s report on consumer sentiment.

3 Ways That Buying a New Construction Home Beats Buying an Existing One, Every Time

January 19, 2018 by Robby Oakes

Are you in the market for a new house? Whether you are a first-time home buyer or are upgrading to get more space, you will need to choose between buying an existing home or building a brand new one. Let’s explore three reasons why new construction homes are better than existing homes.

Looking to Buy a Home in 2018 and Don’t Know Where to Start? Here’s a Few Tips

January 18, 2018 by Robby Oakes

Are you a renter that has become tired of paying someone else’s mortgage and not building any equity? Or a homeowner who has a growing family and is in need of more space? Whatever the case, if you are in the market for a new home there is no time like the present. Let’s explore a few tips that will help you to prepare for the home buying experience.

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