Interest rates

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…

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…

Mortgage Report: Strong Buyer Demand Despite Inventory Woes, Rising Rates

By Joanna England / July 30, 2018 /

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…

Renovation Loans Can Get You Into Your Dream Neighborhood

By Joanna England / July 19, 2018 /

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…

The Mortgage Report: Can You Spot an Interest Rate Increase on the Horizon?

By Joanna England / July 16, 2018 /

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…