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!