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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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How To Improve Your Credit Score For Better Financing Terms

June 28, 2013 by Robby Oakes Leave a Comment

You have found a home and are ready to apply for financing. Your pre-approval amount comes back not as high as you would have expected and at an interest rate significantly above what your friends just got on their loan. This could be because you have an average to poor credit score.

Filed Under: Home Financing Tips Tagged With: Credit Report,Home Financing,Credit Tips

5 Important Tips To Help Smooth Your Move When You Have Teens In The Home

June 27, 2013 by Robby Oakes Leave a Comment

You’ve got a new job offer across the country and you are planning to pack your things, buy a home and make the big move.

However, when you tell your 17 year old daughter your plans, she lets out a mournful wail and cries that it is not fair. How can you possibly take her away from all of her friends, her favorite hangout spots and the cute boy she just started seeing?

Filed Under: Home Buyer Tips Tagged With: Moving with family,Moving tips with teens,New Home Purchase

Home Prices Record Highest Monthly Gains Since Case Shiller Index Inception

June 26, 2013 by Robby Oakes Leave a Comment

The S&P Case-Shiller Home Price Indices for April indicate that the housing recovery gained ground.

In April 2013 average home prices tracked in the Case-Shiller 10 and 20-city Composites increased by 11.60 and 12.10 percent year-over-year. On a month-to-month basis, the Composites increased by 2.60 and 2.50 percent respectively.

Filed Under: Housing Analysis Tagged With: Case Shiller,Home Prices,FHFA

3 Clever But Simple Ways To Get Your Home Mortgage Paid Faster

June 25, 2013 by Robby Oakes Leave a Comment

Paying off the mortgage on your home faster means that you will not only have the satisfaction of owning your own home sooner, you will also have the benefit of paying much less in interest over the years.

The faster you pay off your mortgage, the more money you can save, so here are some tips to accelerate your payment schedule.

Filed Under: Mortgage Tips Tagged With: Paying Home Loan Early,Saving Mortgage Interest,Pay Off My Home Loan

What’s Ahead For Mortgage Rates This Week – June 24, 2013

June 24, 2013 by Robby Oakes Leave a Comment

Comments by Fed chairman Ben Bernanke after Wednesday’s FOMC meeting caused havoc in financial markets as investors anticipated the potential effects of any rollback of the Fed’s policy of quantitative easing (QE). Chairman Bernanke said that the Fed may begin reducing its $85 billion monthly purchase of Treasury securities and MBS toward the end of this year.

Filed Under: Housing Analysis Tagged With: Federal Reserve,Mortgage Rates,Financial News

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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