The Dow plummeted 666 points, the largest dive in the past two years. Though a weak stock market usually means a boost in bonds and therefore lower interest rates, there’s another point of influence that is keeping rates up: inflation.

If it sounds like it’s time to panic about locking or floating, just listen to our most trusted mortgage expert, Bob Johnson (AKA BobMortgage), as he walks us through this week’s Mortgage Report. Are you shopping for a home? No matter what price range you’re buying in, BobMortgage, the senior mortgage adviser at the nation’s oldest private lender — Wallick & Volk — has the market knowledge to help you make the right decision. 

Don’t panic! Watch this week’s Mortgage Report instead!

(more…)

It’s a critical week for housing, says Bob Johnson (AKA BobMortgage) in our Mortgage Report. With the federal government thrown into chaos after a shutdown and a turbulent stock market, should you lock or float? 

Arm yourself with information in these quickly changing times from our most-trusted mortgage expert, senior mortgage adviser for the nation’s oldest private lender — Wallick & Volk. 

(more…)

A lot of homeowners and buyers are feeling a bit of uncertainty in the market as we head into 2018, but thanks to his dedicated team of professionals, Bob Johnson (AKA BobMortgage) is ready to arm you with the facts you need to make the best decision for your household. It’s no wonder why Bob, the senior mortgage adviser for the nation’s oldest private lender — Wallick & Volk — is our most-trusted name in home finance. 

What does the data say about 2018? Click through to find out in this week’s Mortgage Report:

(more…)

Maybe you’ve found the perfect neighborhood, but the best home for your budget is far from perfect. Renovation can be expensive, says Bob Johnson (aka BobMortgage), but don’t be afraid of taking out a renovation loan. Our most-trusted expert in lending, the senior mortgage adviser at the nation’s oldest private lender — Wallick & Volk — has all the information you need when considering an overhaul on your house.

Ready to make an investment that could change your life? Watch this week’s BobMortgage Zone after the jump!

(more…)

Last week’s news caused chaos, with the bottom falling out of the bond market and disruption throughout Washington. However, this weeks shows promise of rebound, with a better-than-projected jobs report and some much needed support in mortgage bonds. However, will job growth finally mean wage growth? And what about the upcoming rate decision from the Federal Reserve?

Should you lock or float? Watch this week’s Mortgage Report to find out. With so many variables in the market, there’s no better time to have a trusted mortgage adviser on your side, and there’s no better expert than Bob Johnson (AKA BobMortgage), senior mortgage adviser at the nation’s oldest private lender — Wallick & Volk.

(more…)

Ever find yourself in a lending no-man’s land? As home prices have gone up, conventional loan limits have lagged, leaving fewer options for those who want to buy a pricier home that doesn’t fit in the “jumbo” category, which has stricter underwriting requirements. This could be a boon for so many homebuyers!

Sound confusing? Educate yourself with our most trusted mortgage expert, Bob Johnson (AKA BobMortgage), senior mortgage advisor at the nation’s oldest private lender — Wallick & Volk:

(more…)

If you’re a market watcher, chances are that you’re in desperate need of a manicure after all the nail-biting action on Wall Street. The Senate GOP passing a tax bill, as well as news about the FBI investigation into Trump associates’ contact with Russian envoys, all sent the market into a tizzy.

Of course, you may be wondering, as the bottom falls out of the bond market, whether you should lock or float … the answer? Listen to our most trusted mortgage expert, Bob Johnson (AKA BobMortgage), senior mortgage advisor at the nation’s oldest private lender — Wallick & Volk, in this week’s Mortgage Report: 

(more…)

The homebuying process is absolutely riddled with pitfalls, and it’s easy to make what seems like a small mistake, only to find out that it costs big money years later. That’s why we trust the expert advice of Bob Johnson (AKA BobMortgage — senior mortgage advisor at the nation’s oldest private lender — Wallick & Volk) when it comes to finding the right mortgage. 

In this episode of BobMortgage Zone, learn more about how interest rates and down payments can drastically affect your total investment in your home — and why you should consider buying now rather than putting off your homeownership journey.

(more…)