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 the nation’s oldest private lender, Wallick & Volk, explains. 

Additonally, Bob breaks down news from US Fed chair Jerome Powell’s speech from Jackson Hole, Wyoming, last week along with news on home sales and jobless claims and how all of this combined shapes his lock or float position. Educating buyers on how mortgages work is what BobMortgage does best, and you won’t want to miss this week’s report. Want to keep track of our constantly changing market? Be sure to follow BobMortgage on Instagram, too!

And now for the 70th episode of the Mortgage Report with BobMortgage:

(more…)

In this week’s Mortgage Report, our most-trusted mortgage expert outlines the market’s current conditions, including a lagging bond market that is in a sideways trading range. Plus, more people are in the market to buy homes, and inventory isn’t increasing to match demand. 

What does that mean for homebuyers? Find out from someone with more than 20 years of experience who has helped thousands of people finance the homes of their dreams — Bob Johnson (AKA BobMortgage), senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk.

(more…)

Bob Johnson (AKA BobMortgage) hears it all the time. With our tight inventory, it’s hard to find a move-in ready home in your perfect neighborhood. Luckily, our most-trusted mortgage expert has a solution  — financing your renovation in your mortgage.

Don’t be discouraged if you find the perfect location with great schools, wonderful amenities, and safe streets, but can’t find the perfect home! Johnson, the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk, tells you what you need to know in today’s BobMortgage Zone broadcast. 

Jump to find out more!

(more…)

In this week’s Mortgage Report, our most-trusted mortgage expert gives you a peek behind the curtain — how exactly can you determine when it’s an auspicious time to lock in a mortgage rate. Bob Johnson (AKA BobMortgage) gives us a primer on how to read those often confusing economic charts, specifically the 100-day and 25-day moving averages. 

So, should you lock or float? There’s only one expert we trust to tell us like it is, Bob Johnson, senior mortgage adviser with the nation’s oldest private lender, Wallick & Volk. Find out more about the mechanics of economics in the mortgage industry from the expert himself right now!

(more…)

I’m sure you recognize Bob Johnson, AKA BobMortgage, our most-trusted mortgage expert and a senior mortgage adviser with the nation’s oldest lender, Wallick & Volk, from his weekly Mortgage Reports and his occasional BobMortgage Zone videos. No one helps us understand the nuances of the real estate market and how the economy at large affects how you buy a home. And surely, we could always use more education when it comes to this fast-paced industry.

To help us cope with the tumultuous, quickly changing market, BobMortgage is bringing us something new. Want to find out what it is? 

(more…)

News last week was a little mixed, but now that New York Fed chair William Dudley has retired, the impact of his departure is being felt throughout the market. However, a new report from the Mortgage Bankers Association shows good news for our strong market — home purchase applications are posting gains. 

With a quickly changing market and so many variables at play, consult our most-trusted mortgage expert — Bob Johnson (AKA BobMortgage) the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk. Should you lock or float? Find out today in the Mortgage Report!

(more…)

Bonds made positive moves last week on Friday, which is typically a positive indicator for mortgage rates. However, the Federal Reserve increased rates last week, too, though the comments were a mixed bag. All of this on top of what appears to be a budding trade war with China. 

Looking for clarity in a turbulent market? Look no further than this week’s Mortgage Report from the most-trusted expert in North Texas — Bob Johnson (AKA BobMortgage), senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk

Should you lock or float? What’s Bob’s outlook on the economy? Find out after the jump!

(more…)

Jobs and unemployment figures released last week revealed that the U.S. created 223,000 jobs in May and the unemployment rate sat at 3.8 percent — a positive for the economy that moved money out of the bond market and back into the stock market. But what does that mean for interest rates? Should we lock or float, and when?

In the face of so much change, we’re glad to have our most-trusted mortgage expert on tap! Hear what Bob Johnson (AKA BobMortgage) has to say in this week’s Mortgage Report, presented by the nation’s oldest private lender, Wallick & Volk. (more…)