Mortgage Report: Fed Rates Surge 25 Points, Should You Buy Now or Wait?

Just as expected, the Fed increased interest rates by 25 basis points, says BobMortgage in this week’s Mortgage Report from Wallick & Volk. Will that upset the mortgage market?

You may know him as Bob Johnson, the senior mortgage advisor at Wallick & Volk, the nation’s oldest privately-held mortgage company. Bob Johnson has helped more than 25,000 families get into the homes of their dreams, in 20 plus years of lending service.

Now with five offices across the DFW Metroplex, the nation’s oldest mortgage firm is helping thousands of consumers get into homes with the most up-to-date financial information possible. Wallick & Volk brings experience and integrity into every single loan, but they also deliver a highly personalized touch that conforms to each client’s need. Is it speed of delivery, unique products, total transaction transparency, or great pricing you need? Wallick & Volk has it all in a broker-friendly banking platform that can do the impossible when it comes to home financing.

THIS WEEK: With higher Fed interest rates on the horizon, what will the mortgage market do? Should you buy now or rent?