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Serving Chapel Hill, Durham, Raleigh, Greensboro, Wilmington, Charlotte, Morehead City and all of North Carolina.

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Are Interest-Only Mortgages A Smart Strategy or Risky Business?

June 11, 2025 by Robby Oakes

When exploring home financing options, many borrowers are intrigued by interest-only mortgages. These loans offer the benefit of lower initial monthly payments, which can seem attractive, especially in high-cost areas or when cash flow is tight. But how exactly do they work, and are they the right fit for your financial goals?

Filed Under: Mortgage Tips Tagged With: Interest Only Mortgage, Mortgage Tips, Smart Home Buying

Can Freelancers Get a Mortgage?

June 10, 2025 by Robby Oakes

If you are self-employed or work as a freelancer, you may be wondering whether buying a home is even possible. The good news? It absolutely is, but you will want to be prepared for a few extra steps in the process. Here are five common questions freelancers ask when it comes to getting a mortgage.

Filed Under: Mortgage Tips Tagged With: Freelancer Finance, Mortgage Tips, Self-Employed Life

What’s Ahead For Mortgage Rates This Week – June 9th, 2025

June 9, 2025 by Robby Oakes

With next week bringing the latest wave of inflation data reports–namely the CPI and PPI–this week featured a slew of releases with minimal impact. The Trade Deficit and the Federal Reserve’s Beige Book stood out as the main indicators reflecting the current state of the economy. Although tariffs have largely been put on pause, their effects continue to reverberate across numerous industries.

Significant concern remains due to the instability in decision-making from the current administration. The Trade Deficit came in as expected, with the deficit cut in half following the announcement of tariffs, which caused imports to plunge. Meanwhile, the Beige Book indicated a significant slowing of the economy.

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

How Property Taxes Impact Your Mortgage Payment

June 6, 2025 by Robby Oakes

When buying a home, most people focus on the home price, interest rate, and monthly payment. But there’s another major factor that can significantly affect your mortgage: property taxes. These taxes can make your mortgage payment higher than expected and understanding how they work is key to managing your budget effectively.

Filed Under: Mortgage Tagged With: Escrow Account, Mortgage Tips, Property Taxes

The Impact of Inflation on Mortgage Rates and Home Affordability

June 5, 2025 by Robby Oakes

Inflation has made a loud and lasting entrance into our daily lives. From groceries to gas prices, everything seems more expensive. One of the most significant areas where inflation leaves its mark is in the housing market, particularly mortgage rates and home affordability. As inflation continues to fluctuate, many potential homebuyers are left wondering how it all connects, and what it means for their financial future.

Filed Under: Mortgage Tagged With: Home Affordability, Inflation Impact, Mortgage Tips

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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