Federal Reserve

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

By Joanna England / October 22, 2018 /

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 /

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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Mortgage Report: Inflation Remains Stable, But Fed Comments Influence Bond Market

By Joanna England / October 1, 2018 /

As our most-trusted mortgage expert told us in last week’s Mortgage Report, there was news on the way that could definitely influence the bond market. Those indicators were the PCE, one of the Fed’s favorite measures of inflation, and of course Fed chairman Jerome Powell’s comments.  As expected, the bond market had a bit of…

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Mortgage Report: Fed Will Raise Interest Rates This Week

By Joanna England / September 24, 2018 /

It’s a big week for market watchers, says Bob Johnson (AKA BobMortgage), senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk, in the 74th episode of the Mortgage Report. According to our most-trusted mortgage expert, it’s take-it-to-the-bank certain that the Federal Reserve will raise the Fed Funds rate this week. However, don’t…

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Mortgage Report: What is a Yield Curve? How Does it Influence Mortgage Rates?

By Joanna England / August 27, 2018 /

It’s the 70th episode of the Mortgage Report! This week, Bob Johnson (AKA BobMortgage) reports on some big news and rumblings in the market, specifically related to yield curves. What’s a yield curve? How does a yield curve indicate the overall health of the market? Our most-trusted mortgage expert and the senior mortgage adviser at…

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