Bob Johnson
Surprisingly, bonds were up last week at the close of the market on Friday — a welcome, but modest change in the face of a turbulent stock market. Though the Federal reserve put off an interest rate increase, that could change in the coming months. And though employment figures have positive momentum, reports show the…
Read MoreIf the stock markets were a roller coaster ride, we’re at the point where gravity takes charge as passengers’ arms are thrown in the air and the whole screaming mass plummets to toward the earth. Sounds dramatic, right? Thanks to interest rate concerns, the Dow fell by more than 400 points since last Wednesday, notes…
Read MoreDespite the fact that mortgage interest rates are on the rise, the pace of home purchases hasn’t abated, says our most-trusted mortgage expert, Bob Johnson (AKA BobMortgage), the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk. Naturally, the stock market’s gradual dive has caused some trepidation for investors and buyers, but…
Read MoreThere’s a lot of news for the market to digest, says our most-trusted mortgage expert, Bob Johnson (AKA BobMortgage), senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk. Bonds fell through a key support level, and with news of President Trump’s decision to bomb Syria and the Fed’s watchdog-like concern regarding inflation,…
Read MoreThe 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…
Read More