Interest rates

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…

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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…

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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…

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

By Joanna England / June 28, 2018 /

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 /

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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