Slow inflation has the Federal Reserve eyeing a December rate increase, says Bob Johnson (AKA BobMortgage). That news, plus housing data, could seriously influence the mortgage market this week. Plus, the bond market, which has a lot of sway on mortgage rates, has been fighting to stabilize, too. Should you lock or float?
This week’s mortgage report paints a perfect picture of why an experienced mortgage advisor can save you thousands of dollars. There’s no better expert in the ups and downs of housing finance than Bob Johnson, senior mortgage advisor for Wallick & Volk, the nation’s oldest private mortgage company.
Educate yourself and find out more about the hurdles for the housing market in this week’s Mortgage Report: