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

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National Association of Realtors, Existing Home Sales Slip in August

September 24, 2014 by Robby Oakes

Sales of previously owned homes fell in August according to the National Association of REALTORS. This was the first decline in sales in five months. Although not welcome news to homeowners and real estate pros, there is good news…

Filed Under: Market Outlook Tagged With: FHFA, Market Outlook, National Association of REALTORS

Turned Down for a Mortgage? What to Do if You are Declined – and How to Get Second Opinion

September 23, 2014 by Robby Oakes

If you have been declined for a mortgage, you may think that home ownership is out of reach. However, there are ways to turn a rejection into an approval and to find a more accessible loan. Here are just a few steps you can take to learn about your loan options and get the mortgage that works for you.

Filed Under: Home Mortgage Tips Tagged With: Mortgage Acceptance, Mortgage Financing, Mortgage Tips

What’s Ahead For Mortgage Rates This Week – Sept 22, 2014

September 22, 2014 by Robby Oakes

Last week’s economic news largely concerned the Federal Reserve’s FOMC meeting statement and a post-meeting conference given by Fed Chair Janet Yellen. The FOMC statement indicated that the Fed continued its wind-down of Treasury and mortgage-backed securities and that its purchases are expected to cease after the next FOMC meeting.

Filed Under: Market Outlook Tagged With: FOMC, Housing Starts, Jobless Claims

Federal Open Market Committee, Fed Chair: No Rush to Raise Rates

September 19, 2014 by Robby Oakes

Wednesday’s customary post-meeting statement issued by the Federal Open Market Committee (FOMC) of the Federal Reserve provided some relief to investors and analysts concerned that the Fed may soon raise its target federal funds rate.

Filed Under: Market Outlook Tagged With: Federal Reserve, FMOC, Market Outlook

Considering a Vacation Home? Six Tips for Buying a House or Condo for Relaxation and Vacation Use

September 18, 2014 by Robby Oakes

When you buy a vacation home or condo, you can guarantee that you have an escape that will provide you with years of enjoyment. Before you take the plunge, though, take advantage of these six helpful tips about buying a vacation home.

Filed Under: Home Buyer Tips Tagged With: Buying a Home, Real Estate, Vacation Homes

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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