Federal Reserve

Interest Rates Drop As Market Braces For Virus Impact

By April Towery / March 9, 2020 / 0 Comments

The Fed slashes interest rates in response to coronavirus, Texas ranks high in 2020 property tax bills, and the local housing market continued its record-breaking streak last year, all in this week’s roundup of real estate news.  Federal Reserve Slashes Rates To Bolster Economy In an emergency decision, the Federal Reserve made a rare emergency […]

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Housing Affordability Continues to Lag in Dallas

By Candy's Dirt / March 17, 2019 / 0 Comments
housing affordability

From staff reports Although housing affordability is at an all-time low in Dallas, home price appreciation has decelerated recently, the latest report from the Federal Reserve Bank of Dallas revealed. The report, released March 14, also revealed that Dallas-Fort Worth employment grew by 2.5 percent in 2018.

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Mortgage Report: The State of The Global Economy And Your Mortgage

By Joanna England / November 19, 2018 / 0 Comments

It’s not too much of a reach to think about how your homebuying experience could be affected by the global economy. Bob Johnson (AKA BobMortgage), senior vice president of the nation’s oldest private lender — Wallick & Volk — serves it up in this 80th episode of the Mortgage Report. Concerns regarding Brexit in the […]

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Mortgage Report: Fear in The Stock Market is Putting Up Positive Bond Numbers

By Joanna England / October 29, 2018 / 0 Comments

There was a lot of downward trending for the stock market last week, but overall, that’s positive for the bond market and interest rates, says Bob Johnson (AKA Bob Mortgage) the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk.  Our most-trusted mortgage adviser explains that, as people react to the plummeting […]

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Mortgage Report: Taking it Day to Day in a Volatile Market

By Joanna England / October 22, 2018 / 0 Comments

As Bob Johnson (AKA BobMortgage) notes in the 78th episode of The Mortgage Report, our market is at a very exceptional place right now. According to the minutes released by the Federal Reserve, another interest rate hike is on its way in December. And as our most-trusted mortgage expert told us in last week’s episode […]

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Mortgage Report: Changing Stock Market Conditions, Tariffs, And Interest Rates

By Joanna England / October 15, 2018 / 0 Comments

How does Bob Johnson (AKA BobMortgage) decide whether it’s time to carefully float or lock in interest rates for his clients? This past week’s stock market slide and brief rally provide an excellent example. The stock market, heavily influenced by the affects of President Donald Trump’s tariffs and the recent increase in interest rates by […]

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