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

Mortgage 101: 3 Reasons to Avoid Giving Wrong Information on Your Mortgage Application

July 15, 2015 by Robby Oakes

Completing a loan application is among the first steps mortgage applicants take when applying for a loan, and it is easy to overlook the importance of providing accurate information at this stage in the process. It is best to take time complete the loan application as accurately as possible as it is a legal requirement and because of the other negative consequences.

3 Reasons Why Your Closing Costs Will Vary Depending on the Type of Home You Buy

July 14, 2015 by Robby Oakes

Savvy home buyers who are preparing to make a real estate purchase should do their research and understand that they need to save money for not only the down payment, but the closing costs as well. Some home buyers however, may not realize that the amount of closing costs can vary considerably based on the home that is purchased.

What’s Ahead For Mortgage Rates This Week – July 13, 2015

July 13, 2015 by Robby Oakes

Last week’s scheduled economic events were few due to the Independence Day holiday. Freddie Mac’s weekly survey of mortgage rates brought good news as mortgage rates fell across the board. The Federal Reserve released the minutes of its most recent Federal Open Market Committee (FOMC) meeting and weekly jobless claims rose.

Dealing with the Summer Heat? How to Keep Your Home Cool Without Using a Ton of Energy

July 10, 2015 by Robby Oakes

Many people look forward to the long, relaxed, sunny days of summer, but they also dread opening up their energy bills throughout the summer months. Cooling a home can be costly, and many are searching for convenient ways to lower cooling costs without sacrificing on comfort inside the home on the warmest days of the year.

The Pros and Cons of Paying Your Mortgage Bi-weekly Vs. Monthly

July 9, 2015 by Robby Oakes

When applying for a new mortgage or after closing, many will have the option to choose between a single monthly mortgage payment or smaller bi-weekly payments. There are benefits and drawbacks associated with both options, and some personal financial considerations may need to be reviewed in order to make a decision that is best for the individual.

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