The Dow was down last week after news broke regarding President Donald Trump’s proposed tariffs totaling billions in the simmering trade war with China. Meanwhile, bonds rallied — at the expense of the stock market. Our most-trusted mortgage expert, Bob Johnson (AKA BobMortgage), the senior mortgage adviser at the nation’s oldest private lender — Wallick & Volk — shares his outlook on the market.
With more than 20 years of experience helping buyers find the right loan solutions for their home, BobMortgage can help you make sense of the complicated mortgage market. Should you lock or float? Find out in this week’s Mortgage Report presented by Wallick & Volk. (more…)