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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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Simple Explanation Of The Federal Reserve Statement (September 13 , 2012)

September 13, 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 Thursday, while adding new market stimulus.

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

FOMC Expected To Announce New Stimulus Today

September 13, 2012 by Robby Oakes

The FOMC adjourns from a 2-day meeting today. Mortgage rates are expected to change — perhaps by a lot.

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

Improving Market Index Climbs To 99

September 12, 2012 by Robby Oakes

The number of U.S. housing markets showing “measurable and sustained growth” has increased by 19 this month, according to the National Association of Homebuilders’ Improving Market Index.

Filed Under: Housing Analysis Tagged With: IMI, Improving Market Index, NAHB

Simple Tips To Keep Your FICO High

September 11, 2012 by Robby Oakes

For today’s home buyers and refinancing households, the value of “good credit” has never been higher.

Filed Under: Personal Finance Tagged With: Credit Lines, Credit Scoring, FICO

What’s Ahead For Mortgage Rates This Week : September 10, 2012

September 10, 2012 by Robby Oakes

Mortgage rates rose slightly in last week’s holiday-shortened week.

Filed Under: Mortgage Rates Tagged With: ECB, FOMC, Freddie Mac

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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