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

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What’s Ahead For Mortgage Rates This Week – October 05, 2015

October 5, 2015 by Robby Oakes

Last week’s economic reports included Pending Home Sales, Construction Spending and several reports on jobs and employment.

Filed Under: Market Outlook Tagged With: Case Shiller, Freddie Mac, Home Price Index

DIY Home Upgrades: 5 Reasons Why Hardwood Flooring Should Be on Your Renovation List

October 2, 2015 by Robby Oakes

Whether you’re planning on selling your home soon or you want to do a few minor renovations for your own enjoyment, an ailing hardwood floor may be on your list of things to tackle. Here are five reasons you may want to move it to the top of your renovation list.

Filed Under: Around The Home Tagged With: Around The Home, Homeowner Tips, Upgrades and Renovations

Understanding the Jumbo Mortgage and Why Refinancing These Mortgages is Different

October 1, 2015 by Robby Oakes

So what exactly is a jumbo mortgage? How is it different from a standard mortgage, and what does that mean for your refinancing options? Here’s what you need to know.

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

Case-Shiller Housing Market Index: Home Prices Rise in July

September 30, 2015 by Robby Oakes

U.S. home prices rose by 0.10 percent in July according to the S&P Case-Shiller Housing Market Index. San Francisco, California edged past Denver Colorado with a year-over-year price increase of 10.40 percent as compared to Denver’s reading of 10.30 percent. All year-over-readings for the 20-City Home Price Index posted gains, but Washington, D.C. showed the lowest year-over0-year growth rate at 1.70 percent. Chicago, Illinois and New York City followed closely with year-over-year readings of 1.80 percent and 1.90 percent respectively.

Filed Under: Market Outlook Tagged With: Case Shiller, Federal Reserve, The Federal Housing Finance Agency

FICO Scores 101: How to Shop for a New Mortgage Without Harming Your Credit Score

September 29, 2015 by Robby Oakes

It’s difficult to begin shopping around for a new mortgage without the facts on how this can affect your FICO score. Thankfully, not all credit checks are created equal and they do not affect FICO scores in the same way.

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

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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