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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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Short Sales Outnumber Foreclosure Sales For Third Straight Quarter

December 18, 2012 by Robby Oakes

Foreclosure-tracker RealtyTrac reports falling foreclosure sales nationwide as banks get better at selling homes via short sale.

Filed Under: Housing Analysis Tagged With: Foreclosure, RealtyTrac, Short Sale

What’s Ahead For Mortgage Rates This Week : December 17, 2012

December 17, 2012 by Robby Oakes

Mortgage bonds worsened last week, moving mortgage rates higher.

Filed Under: Mortgage Rates Tagged With: Fed Funds Rate, FOMC, IMI

Improving Market Index : Up To 201 Cities For December 2012

December 14, 2012 by Robby Oakes

The Improving Market Index added 76 metropolitan areas in December as compared to the month prior.

Filed Under: Housing Analysis Tagged With: IMI, Mortgage Rates, NAHB

Simple Explanation Of The Federal Reserve Statement (December 12 , 2012)

December 12, 2012 by Robby Oakes

The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday.

Filed Under: Federal Reserve Tagged With: Fed Funds Rate, FOMC, QE3

Mortgage Rates Rising On 26 Straight Months Of Jobs Growth

December 12, 2012 by Robby Oakes

According to the Bureau of Labor Statistics (BLS) and its November 2012 Non-Farm Payrolls report, the U.S. economy added 146,000 net new jobs last month.

Filed Under: The Economy Tagged With: Jobs Report, Non-Farm Payrolls, Unemployment Rate

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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