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Robby Oakes Mortgage Team
A North Carolina Mortgage Originator Committed
to Service and Transparency

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

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Fed Meeting Minutes Show Hope In Economic Growth

November 21, 2013 by Robby Oakes Leave a Comment

The minutes of the Federal Reserve’s Federal Open Market Committee meeting held October 29 and 30 were released Wednesday. The meeting began with a report from the Manager of the System Open Market Account and included updates on developments within domestic and foreign financial markets.

Filed Under: Federal Reserve Tagged With: Federal Reserve,Quantative Easing,FOMC Minutes

4 Tips To Save For That Down Payment

November 20, 2013 by Robby Oakes Leave a Comment

In order to save up a huge amount of cash for the down payment on your first mortgage, you need a solid savings plan!

When you take out a mortgage on your new home as a first time homebuyer, the more you can pay as a down payment the better.

Filed Under: Home Buyer Tips Tagged With: Home Buyer Tips,First Time Home Buyer,Home Mortgage

Housing Market Index Shows Builder Confidence Remains Above 50

November 19, 2013 by Robby Oakes Leave a Comment

The National Association of Home Builders released its Housing Market Index for November on Monday. This month’s HMI reading was 54 against expectations of a reading of 55. October’s reading was also 54 after being downwardly revised.

Filed Under: Housing Analysis Tagged With: Housing Analysis,Homebuilder Confidence,Housing Market Index

What’s Ahead For Mortgage Rates This Week – November 18, 2013

November 18, 2013 by Robby Oakes Leave a Comment

The Veterans Day holiday on Monday contributed to a quiet week for economic news. On Wednesday the reading for the federal budget deficit for October fell from September’s reading of -$120 billion to -$92 billion.

Filed Under: Mortgage Rates Tagged With: Housing Analysis,Mortgage Rates,Jobless Claims

5 Great Questions To Ask At An Open House

November 16, 2013 by Robby Oakes Leave a Comment

An open house gives you a great opportunity to look more closely at real estate you might be interested in buying. It also affords you the chance to chat with the owner or real estate agent so you can bring up any issues or hesitations you have with the home.

Filed Under: Home Buyer Tips Tagged With: Home Buyer Tips,Open House Tips,Home Seller Questions

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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