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

The Top 5 Mortgage Calculators on the Web and the Pros and Cons of Each

March 29, 2016 by Robby Oakes

If you’re shopping for a great mortgage, you’ll want to use a mortgage calculator. Mortgage calculators keep getting more accurate and more complex, allowing you to explore the various details involved in a mortgage. Try one of these mortgage calculators to learn what you can expect.

What’s Ahead For Mortgage Rates This Week – March 28, 2016

March 28, 2016 by Robby Oakes

New home rose in February according to the Commerce Department. Based on a revised reading of 502,000 new home sales in January, February’s reading was 2.00 percent higher than January’s reading, but was 6.10 percent lower than for February 2015.

Builders have held back on increasing construction due to concerns about ups and downs in the economic recovery. Short supplies of labor and available land have also kept home builders from meeting current demand.

Working from Home? Learn How to Create the Perfect Office with Any Spare Room

March 25, 2016 by Robby Oakes

While this shift in the job market has created a bevy of new options for freelance workers, it can also be a good reason to turn a spare room into a spanking new office. If you’re working from home, here are some tips for a stylish transition.

How the Truth in Lending Act Protects You When You Take Out a Mortgage

March 24, 2016 by Robby Oakes

If you’re planning to get a mortgage, it’s critical that you know your rights under the law. The Truth in Lending Act (TILA) is a piece of federal legislation that governs how mortgage lenders can and cannot operate their businesses.

So how does the Truth in Lending Act protect you, and what are your rights under this legislation? Here’s what you need to know.

5 Steps Towards a Better Credit Score You Can Take Today

March 23, 2016 by Robby Oakes

When it comes to finding the best mortgage, your credit score is a major determinant as to the kinds of rates and conditions you can get. Lenders quite understandably want to manage their risk. But for a number of potential homeowners, these practices and policies can be a barrier to home ownership.

The good news? If your credit score isn’t great, you can easily improve it and get better lending terms. Here are five steps you can take right now to give your credit a boost.

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