Interest rates

BobMortgage: Something’s Coming, And We’re Excited About it!

By Joanna England / June 28, 2018 / 0 Comments

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 […]

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The Mortgage Report: A Fed Leadership Shakeup Could Mean More Interest Rate Increases

By Joanna England / June 25, 2018 / 0 Comments

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 […]

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The Mortgage Report: The Market Responds to Fed Rate Hikes, Possible Trade War

By Joanna England / June 18, 2018 / 0 Comments

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 […]

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Mortgage Report: Stocks Finish Up Last Week on Strong Jobs and Unemployment Numbers

By Bethany Erickson / June 4, 2018 / 0 Comments

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 […]

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Mortgage Report: Bonds Post Modest Rally Ahead of Projected Interest Rate Increase

By Joanna England / May 21, 2018 / 0 Comments

Lately, the stock market has had more ups and downs than a teenage romance, but those who are looking for safer investments haven’t found the bond market to be any salve to our economic turbulence. But for those who are reading the tea leaves, when is the best time to lock in a rate? Should […]

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The Mortgage Report: Bonds Show Modest Rally, Interest Rate Increases on Horizon

By Joanna England / May 7, 2018 / 0 Comments

Surprisingly, bonds were up last week at the close of the market on Friday — a welcome, but modest change in the face of a turbulent stock market. Though the Federal reserve put off an interest rate increase, that could change in the coming months. And though employment figures have positive momentum, reports show the […]

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