Bob Johnson

Mortgage Report: Inflation Remains Stable, But Fed Comments Influence Bond Market

By Joanna England / October 1, 2018 / 0 Comments

As our most-trusted mortgage expert told us in last week’s Mortgage Report, there was news on the way that could definitely influence the bond market. Those indicators were the PCE, one of the Fed’s favorite measures of inflation, and of course Fed chairman Jerome Powell’s comments.  As expected, the bond market had a bit of […]

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BobMortgage Zone: It’s Fall, Our Favorite Season!

By Joanna England / September 27, 2018 / 0 Comments

It’s fall, and it finally feels like we’re getting closer to #sweaterweather. As Bob Johnson (AKA BobMortgage) points out, school is in full swing, pumpkin spice lattes are in every coffee shop, and it’s football season, too! But do you know what it’s also time for? According to Bob, the senior mortgage adviser at the […]

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Mortgage Report: Fed Will Raise Interest Rates This Week

By Joanna England / September 24, 2018 / 0 Comments

It’s a big week for market watchers, says Bob Johnson (AKA BobMortgage), senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk, in the 74th episode of the Mortgage Report. According to our most-trusted mortgage expert, it’s take-it-to-the-bank certain that the Federal Reserve will raise the Fed Funds rate this week. However, don’t […]

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Mortgage Report: Refinance Apps Down, Purchase Applications Up

By Bethany Erickson / September 17, 2018 / 0 Comments
Bob

For the 73rd episode of the Mortgage Report, Bob Johnson (AKABobMortgage) reveals that the Mortgage Bankers Association announced that refinance applications are down, but home purchase applications are up. What does it mean? Bob explains that and more. And pro-tip: If you follow BobMortgage on Instagram, you can get daily updates on Bob’s lock or float positions, […]

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Mortgage Report: Last Week’s New Stunned The Market; Here’s What is Ahead

By Joanna England / September 10, 2018 / 0 Comments

News reports that came in over last week had drastic affects on the mortgage market, says Bob Johnson (AKA BobMortgage) in this week’s Mortgage Report. If you follow BobMortgage on Instagram, you could have caught his conversion from a “float” position to a “lock” position as the bond market took a spectacular dive.  This morning, […]

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Mortgage Report: Mid-Week Stock Market Rally Puts Pressure on Bonds

By Joanna England / September 3, 2018 / 0 Comments

Last week, stocks rallied on news of a trade deal between the United States and Canada, which put pressure on bonds, says Bob Johnson (AKA BobMortgage) in this week’s Mortgage Report. Instagram followers got that up-to-the-minute news on Wednesday, where our most-trusted mortgage expert converted his “float” position to “lock.”  In this week’s 71st episode […]

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