In this week’s Mortgage Report, our most-trusted mortgage expert gives you a peek behind the curtain — how exactly can you determine when it’s an auspicious time to lock in a mortgage rate. Bob Johnson (AKA BobMortgage) gives us a primer on how to read those often confusing economic charts, specifically the 100-day and 25-day moving averages.
So, should you lock or float? There’s only one expert we trust to tell us like it is, Bob Johnson, senior mortgage adviser with the nation’s oldest private lender, Wallick & Volk. Find out more about the mechanics of economics in the mortgage industry from the expert himself right now!
The Donley County Courthouse
There are two things in Texas that are assuredly going to capture my mother’s attention — a historic marker sign and a county courthouse. The third, a close follow-up, is a historic cemetery, but who doesn’t find those inscriptions interesting? If you’re a Texas history buff and a lover of architecture, then Preservation Dallas’ next Summer Sizzler event is one you don’t want to miss.
Now, don’t get me wrong — I do love the charming painted wood siding, columns, and porches of the beautiful historic homes of Winnetka Heights — but when you see as much real estate as I do, you know that judging one of these homes by curb appeal alone is like ordering a steak from the picture of the cow it came from.
And again — don’t get me wrong — I love steak. But not all Winnetka Heights homes have beautiful interiors and great finish-out, just like not every good-looking cow is going to turn into a great steak. That’s one of the main reasons why this gorgeously renovated Winnetka Heights Historic District home is our High Caliber Home of the Week presented by Lisa Peters of Caliber Home Loans.
Manufacturing jobs posted higher numbers, and wages increases provided high points in the June 2018 report from the Bureau of Labor Statistics.
When it comes to buying a home in hot North Texas markets, what’s holding a lot of buyers back — besides inventory — is income. With so much of a recent graduate’s paycheck going toward exorbitant student loans, and with many families making the tough choice of forgoing homeownership so one parent can stay home with young children, income stagnation is a huge issue.
So it was heartening to hear that after months of slow-to-zero wage growth in the US, now nine years removed from the Great Recession, that non-farm payroll got a significant boost. Tempering the good news was a contraction in the retail industry, driving up employment to 4 percent.
When you design a building, what’s the first thing you think about? Is it scale? Is it use? Is it presence?
What about how the building and the way it is designed is part of a larger goal of engaging a community? All of these questions and more can be discussed at the next AIA Dallas summer happy hour panel, “Designing in Active Voice: Avenues for Professional Advocacy.”
It’s hard to be a host in summer, especially with the Texas heat bearing down on you. That’s why, more often than not, summer parties are centered around the pool. That is, if you have one.
But it takes more than that — you need a good floor plan with plenty of space between bedrooms and common areas, a capable kitchen, and a good transition between indoor and outdoor spaces. Luckily for you, David Griffin & Company’s Sam Claussen has just one such listing located inside the coveted M Streets. It’s an adorable brick-and-stone storybook M Streets Tudor, and it’s the perfect High Caliber Home of the Week presented by Lisa Peters of Caliber Home Loans — especially if you like to entertain during the hotter months.
A contractor drilled into a sewage pipe, releasing 1 million gallons of untreated sewage into White Rock Creek, which stretches from Collin County to East Dallas’ White Rock Lake. (Photo: Michael Lensi via Wikipedia)
Homes around White Rock Lake often fetch a pretty high price. Dubbed Dallas’ crown jewel, White Rock Lake is encircled by recreational trails, parks, the Dallas Arboretum, and some of the most well-known luxury estates in the city. Heck, even H.L. Hunt built his version of Mount Vernon on White Rock Lake. But living in posh digs on this urban oasis is about to get odorous.
I’m sure you recognize Bob Johnson, AKA BobMortgage, our most-trusted mortgage expert and a senior mortgage adviser with the nation’s oldest lender, Wallick & Volk, from his weekly Mortgage Reports and his occasional BobMortgage Zone videos. No one helps us understand the nuances of the real estate market and how the economy at large affects how you buy a home. And surely, we could always use more education when it comes to this fast-paced industry.
To help us cope with the tumultuous, quickly changing market, BobMortgage is bringing us something new. Want to find out what it is?