In the 68th episode of the Mortgage Report, Bob Johnson (AKA BobMortgage) gives us some perspective on how inflation is measured and how it affects housing, especially considering the increasing cost of materials due to tariffs, which could result in costs for new homes and renovations being passed on to the consumer. It’s a tricky balance, and when we want to know the ins and outs of our mortgage market, there’s no better source than our most-trusted mortgage expert, BobMortgage, the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk.

So, should you lock or float? Is now a good time to buy? Find out today in the Mortgage Report:

(more…)

Credit scores are these mythical rankings that, depending on where your credit score lands, can make or break your ability to get a home loan. Right? 

Well, yes and no, as our most-trusted mortgage adviser explains in the latest episode of BobMortgage Zone. Are you putting off purchasing a home until your credit score improves? Bob Johnson (AKA BobMortgage) the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk, explains why this strategy may be misguided in some cases. Find out more about what credit scores are acceptable and why buying a home now may be your best bet.

(more…)

Low inflation, a lower-than-expected increase in jobs, and some less-than-stellar bond market performance has upset the apple cart a bit. We consulted our most-trusted mortgage expert to find out how the quickly changing market dynamics will affect our readers. In this week’s Mortgage Report, Bob Johnson, (AKA BobMortgage) offers the kind of market insight that will change the way you look at mortgage rates from now on. 

The senior mortgage adviser at the nation’s oldest lender, Wallick & Volk, keeps us in the loop when the market makes moves. And now, our readers can benefit from his knowledge and expertise on a daily basis on his Instagram, so give him a follow

Of course, considering the state of the bond market, everyone’s wondering: Should you lock or float? Find out now!

(more…)

When you buy a home, there are quite a few situations where buyers will need to pay cash to during the length of the transaction. But what are they, and how much will it cost? Our most-trusted mortgage expert, Bob Johnson (AKA BobMortgage) pulls back the curtain on how much cash you’ll need to buy a home and the four situations where you’ll need it. 

For first-time buyers, the process of buying a home can be fraught with complications. Thank goodness for BobMortgage, the senior mortgage adviser with the nation’s oldest private lender, Wallick & Volk. Educate yourself and your buyer clients with this week’s BobMortgage Zone!

(more…)

In this week’s Mortgage Report, our most-trusted mortgage expert outlines the market’s current conditions, including a lagging bond market that is in a sideways trading range. Plus, more people are in the market to buy homes, and inventory isn’t increasing to match demand. 

What does that mean for homebuyers? Find out from someone with more than 20 years of experience who has helped thousands of people finance the homes of their dreams — Bob Johnson (AKA BobMortgage), senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk.

(more…)

 

Sometimes roles are reversed, and parents end up needing a hand financially. But what’s the best way to help a parent buy a home when they don’t have the financial means to do it themselves? It’s an interesting situation that Bob Johnson (AKA Bob Mortgage) came across recently. In today’s 15th BobMortgage Zone episode, the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk, Bob walks us through a situation that may sound familiar to some people, and how to save money when roles of child and parent are reversed. 

Want to learn more? 

(more…)

Bob Johnson (AKA BobMortgage) hears it all the time. With our tight inventory, it’s hard to find a move-in ready home in your perfect neighborhood. Luckily, our most-trusted mortgage expert has a solution  — financing your renovation in your mortgage.

Don’t be discouraged if you find the perfect location with great schools, wonderful amenities, and safe streets, but can’t find the perfect home! Johnson, the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk, tells you what you need to know in today’s BobMortgage Zone broadcast. 

Jump to find out more!

(more…)

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!

(more…)