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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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November 2012 Non-Farm Payrolls Report May Show Hurricane Sandy Effects

December 6, 2012 by Robby Oakes

If you are currently in the market for, or are undecided about a mortgage, consider locking your mortgage rate today. Friday’s Non-Farm Payrolls report represents mortgage rate risk.

Filed Under: The Economy Tagged With: ADP, BLS, Non-Farm Payrolls

Short Sale : Writing A Letter Of Hardship

December 5, 2012 by Robby Oakes

The short sale process starts with a letter of hardship.

Filed Under: Personal Finance Tagged With: Distressed Property, Hardship Letter, Short Sale

How To Maintain Adequate Homeowners Insurance Coverage

December 4, 2012 by Robby Oakes

Whether you’re buying a home, or own one already, revisit your hazard insurance regularly.

Filed Under: Personal Finance Tagged With: Dwelling Coverage, Homeowner's Insurance, Liability Coverage

A Look At This Week’s Mortgage Rates : December 3, 2012

December 3, 2012 by Robby Oakes

This week, there is little on the U.S. economic calendar, save for Friday’s Non-Farm Payrolls report. Wall Street is expecting to see 80,000 net new jobs created in November, and a rise in the national Unemployment Rate to 8.0%.

Filed Under: Mortgage Rates Tagged With: Ben Bernanke, Consumer Confidence, Freddie Mac

Pending Home Sales Index Leaps To Multi-Year High

November 30, 2012 by Robby Oakes

According the National Association of REALTORS® (NAR), the Pending Home Sales Index rose 5.2 percent in October, crossing the benchmark 100 reading, and moving to 104.8.

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

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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