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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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What’s Ahead for Mortgage Rates This Week: December 24, 2012

December 24, 2012 by Robby Oakes

Freddie Mac reported the average 30-year fixed rate mortgage rate at 3.37 percent — an increase of 0.05 percentage points from the week prior.

Filed Under: Mortgage Rates Tagged With: Existing Home Sales, Fiscal Cliff, Housing Starts

Housing Starts, Building Permits Rising Into 2013

December 21, 2012 by Robby Oakes

Rising permits and housing starts suggests a more healthy U.S. economy.

Filed Under: Housing Analysis Tagged With: Building Permits, Department of Commerce, Housing Starts

3 Ways To Purchase Foreclosed Properties

December 20, 2012 by Robby Oakes

There are three main ways to buy a foreclosed home.

Filed Under: Personal Finance Tagged With: Distressed Home, Foreclosure, Short Sale

Homebuilder Confidence Rises For 9th Straight Month

December 19, 2012 by Robby Oakes

The National Association of Home Builders (NAHB) released its Housing Market Index (HMI), showing another monthly gain — its ninth in a row.

Filed Under: Housing Analysis Tagged With: HMI, Housing Market Index, NAHB

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

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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