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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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Improving Market Index Spans 32 States, District Of Columbia

August 9, 2012 by Robby Oakes

80 U.S. metropolitan markets are showing “measurable and sustained growth” this month, according to the National Association of Homebuilders’ Improving Market Index.

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

Mortgage Standards Stop Tightening; Lending Soon To Loosen?

August 8, 2012 by Robby Oakes

As another signal of an improving U.S. economy, the nation’s biggest banks have started to loosen mortgage lending standards.

Filed Under: Mortgage Guidelines Tagged With: Federal Reserve, Prime Residential Mortgage, Senior Loan Officer Survey

Closing At The End Of August? Plan Ahead For Labor Day Weekend.

August 7, 2012 by Robby Oakes

Planning to make a late-August purchase closing? Keep an eye on your calendar. The last Friday of the month coincides with Labor Day Weekend, which may make for a complicated, end-of-month closing.

Filed Under: Personal Finance Tagged With: Closing, Holiday, Power of Attorney

Clever Ways To Reduce Household Water Usage

August 6, 2012 by Robby Oakes

The average family of four uses 146,000 gallons of water per year, at a cost of $700. With just a few small changes, however, that cost could drop by as much as 28%.

Filed Under: Around The Home Tagged With: EPA, Water Conservation, Water Usage

Freddie Mac 30-Year Fixed Rate Mortgage Rates Rises To 3.55%

August 3, 2012 by Robby Oakes

This week, for the first time since mid-June, the 30-year fixed rate mortgage rate climbed on a week-over-week basis, moving 6 basis points to 3.55%, on average.

Filed Under: Mortgage Rates Tagged With: 30-Year Fixed Rate Mortgage, Freddie Mac, Mortgage Rates

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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