Robby Oakes Mortgage - Chapel Hill Mortgage Lender | Robby's Blog about Mortgages in Raleigh, Durham, Chapel Hill, and Crystal Coast area of NC

VA vs FHA vs USDA What’s the Difference?

September 27, 2024 by Robby Oakes

You may have more options than you think when it comes to securing a mortgage for your new home. While many buyers opt for conventional financing, another option or program might be a better choice for you, depending on your personal and financial situation. Learning more about FHA, USDA, and VA loans ensures you get the best possible deal for your mortgage and that you secure the loan that you need for your new home. Here’s what you need to know about these useful mortgage options.

An Overview Of Umbrella Insurance: How It Works

September 26, 2024 by Robby Oakes

Accidents can happen from time to time, which is why it is important for people to have insurance. While you might be able to fix some accidents on your own, others can lead to a significant amount of financial stress.

Eco-Friendly Homes for a Sustainable Tomorrow

September 25, 2024 by Robby Oakes

In recent years, the concept of eco-friendly homes has gained significant traction, and for good reason. As awareness of environmental issues grows, more homeowners are seeking ways to minimize their carbon footprint while also reaping the benefits of sustainable living.

Tips and Insights on Home Buying with Bad Credit

September 24, 2024 by Robby Oakes

When thinking about homeownership, a perfect credit score often seems like the golden ticket. But what if your credit history isn’t picture-perfect?

What’s Ahead For Mortgage Rates This Week – September 23rd, 2024

September 23, 2024 by Robby Oakes

The long-awaited week has come and within expectations, the Federal Reserve has decided to reduce interest rates for central banks by 50 basis points. This is the bigger of the two options for a rate cut, with the lesser being 25 basis points. The impact of this cannot be understated as this gives an official nod that the economy is in a good spot and inflation is under control, according to the Federal Reserve’s outlook on the data. The only black mark on the week of releases is the U.S. Leading Economic Indicators showing the economy has been in a slower trend for the past 6 months. The Federal Reserve, despite the rate cut, has continued to remain hard in its stance about not cutting rates too quickly. This will likely depend on future data.

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