Federal Reserve
The last two years brought many unexpected changes to Dallas-Fort Worth’s housing market. Spurred by the economic fallout from the COVID-19 pandemic, mortgage rates reached significant lows in 2021. But many wonder how long this will hold. With housing prices skyrocketing through last year, the – mortgage rate forecast for 2022 hinges on several factors.…
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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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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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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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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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