Federal Reserve
Mortgage bonds moved up and down the trend line last week on news from the FED regarding interest rates. The stage appears to be set for a nice rally however, we have a busy economic calendar highlighted by the Jobs report, Inflation data as well as Housing data, says BobMortgage. In this week’s Mortgage Report, he…
Mortgage bonds broke through the resistance level and continued to close above the highs from the previous days. The gamble to float last week paid off, but this is a new week with a busy economic calendar. Should you lock or float? Bob Johnson (AKA BobMortgage) shares his opinion in today’s Mortgage Report. You may know him as Bob…
Just this past week, President Donald Trump issued an executive order that loosened lending restrictions instituted by Dodd-Frank. How will this, combined with the Fed’s recent uptick in interest rates, affect mortgages? Bob Johnson (AKA BobMortgage) shares his opinion in today’s Mortgage Report. You may know him as Bob Johnson, the senior mortgage advisor at Wallick & Volk,…
Interest rates are the lowest they’ve been in a month says BobMortgage in our latest edition of The Mortgage Report. But how much change can we expect in 2017? You may know him as Bob Johnson, the senior mortgage advisor at Wallick & Volk, the nation’s oldest privately-held mortgage company. Bob Johnson has helped more than 25,000 families get…
Long ago I was told that it’s more lucrative to be paid to think than to do. Turns out that piece of advice is true on many levels that intersect with homeownership. Several years ago, the Federal Reserve Bank of New York released data that seemed to say that student loan debt was dragging down…
