BobMortgage
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,…
Read MoreNews 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,…
Read MoreDepending on where we are in the real estate market’s cycle, it might be more financially advantages to rent rather than buy a home. According to CNBC’s Dana Olick, it’s better to rent than to buy in today’s market. But is that really the case? Take a look at the fact and figures in the…
Read MoreLast 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…
Read MoreAccording to a recent report from Zillow, a significant number of markets across the nation are seeing price reductions across all ranges. Is that a sign of depreciation? What can buyers and sellers expect when it comes to the bidding process? In this weeks BobMortgage Zone episode, Bob Johnson (AKA BobMortgage) tells us what these…
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