The Mortgage Report: Mortgage Bonds Show Market Momentum

Mortgage bonds broke through the resistance level and continued to close above the highs from the previous days. The gamble to float last week paid off, but this is a new week with a busy economic calendar. Should you lock or float? Bob Johnson (AKA BobMortgage) shares his opinion in today’s Mortgage Report.

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: Mortgage bonds broke through the resistance level and continued to close above the highs from the previous days. Bonds now have a clear path to the next resistance level at 103.2. Considering this week’s events, should you lock or float?