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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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19 of 20 Case-Shiller Index Markets Improve In August

October 31, 2012 by Robby Oakes

Home value rose to close out the summer, according to the S&P/Case-Shiller Index, an oft-cited home-valuation tracker.

Filed Under: Housing Analysis Tagged With: Case-Shiller Index, Home Values, Phoenix

Pending Home Sales Index Suggests Housing Momentum Into 2013

October 30, 2012 by Robby Oakes

In September, for the fifth straight month, the Pending Home Sales Index hovered near its benchmark value of 100, registering 99.5.

Filed Under: Housing Analysis Tagged With: NAR, Pending Home Sales Index, PHSI

What’s Ahead For Mortgage Rates This Week : October 29, 2012

October 29, 2012 by Robby Oakes

Pricing for both conforming and FHA mortgage rates improved between Monday and Friday, with the majority of gains occurring late in the week.

Filed Under: Mortgage Rates Tagged With: Federal Reserve, New Home Sales, QE3

New Home Supply Remains Firmly In “Seller’s Market” Territory

October 26, 2012 by Robby Oakes

According to the U.S. Census Bureau, the number of new homes sold jumped to 389,000 units in September 2012 on a seasonally-adjusted, annualized basis.

Filed Under: Housing Analysis Tagged With: Mortgage Rates, New Home Sales, New Home Supply

Simple Explanation Of The Federal Reserve Statement (October 24 , 2012)

October 24, 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

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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