Interest rates

Large Number of Texas Home Buyers Priced Out of New Home Market

By Bethany Erickson / January 14, 2019 / 0 Comments

Why does Texas have the largest number of home buyers priced out of the new home market? What are the Fed’s plans for the interest rate? We look at this and more in this week’s roundup of real estate news. $1,000 INCREASE ELIMINATES MANY FROM NEW HOME OWNERSHIP Texas has the largest number of homebuyers […]

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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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BobMortgage Zone: What is The Difference Between FHA vs. Conventional Loans?

By Joanna England / October 26, 2018 / 0 Comments

Have you ever wondered what the difference is between an FHA loan and a conventional loan? There’s no better person to ask than our most-trusted mortgage adviser, Bob Johnson (AKA BobMortgage). Frequently asked questions usually center on how the loan type affects appraisals, down payments, and debt-to-income ratios. How does it affect mortgage insurance, and […]

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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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BobMortgate Zone: How Do You Get The Best Interest Rate?

By Joanna England / October 11, 2018 / 0 Comments

A lot of people are concerned right now about interest rates, says Bob Johnson (AKA BobMortgage), the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk. How can you get the best interest rate when buying a home if rates continue to rise? That’s the question a lot of people are asking […]

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