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

What’s Ahead For Mortgage Rates This Week – August 31, 2015

August 31, 2015 by Robby Oakes

Last week’s economic news included several reports related to housing. The Case-Shiller 20-City Home Price Index for June rose to 4.50 percent as compared to Mayâs reading of 4.40 percent. Denver, Colorado was the only city to post double-digit year-over-year growth. FHFA also released its House Price Index for June. Home prices for properties associated with mortgages owned or backed by Fannie Mae and Freddie Mac rose at a year-over-year rate of 5.60 percent in June as compared to Mayâs reading of 5.70 percent.

How to Design a Modern, Luxurious Home Inside of an Older Piece of Real Estate

August 28, 2015 by Robby Oakes

Whether buying or renovating an older property, many people are interested in learning how to instill modern luxury in older property. The good news is that this is easier than it sounds, and it can be accomplished by following a few simple tips.

Buying a New Home? Three Tips on How to Get the Best Mortgage Rate

August 27, 2015 by Robby Oakes

Buying a new home is one of the biggest steps that a person can take. Prior to taking out a home loan, you want to ensure that you get the best interest rate for your mortgage. In today’s blog post we’ll share three key tips that will help you get the best possible mortgage rate.

Case-Shiller: Home Prices Continue to Outpace Inflation

August 26, 2015 by Robby Oakes

Denver, Colorado continues to woo homebuyers as home prices rose by 10.20 percent as of June according to the Case-Shiller 20-City Home Price Index. The Mile-High City was the only city included in the index that posted double-digit year-over-year growth in June. San Francisco, California posted a 9.50 percent year-over-year gain in home prices and Dallas, Texas rounds out the top three cities posting highest year-over-year home price growth with a reading of 8.20 percent.

A Few Common Misconceptions About Mortgage Pre-Qualification

August 25, 2015 by Robby Oakes

By understanding how pre-qualification works, youâll be able to find the right mortgage for you – at the best possible rate. So what is mortgage pre-qualification, and what isn’t it? Here are three common pre-qualification myths that you may have heard.

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