Interest rates
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…
Read MoreBob 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…
Read MoreIn 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…
Read MoreI’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…
Read MoreNews 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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