As our most-trusted mortgage expert told us in last week’s Mortgage Report, there was news on the way that could definitely influence the bond market. Those indicators were the PCE, one of the Fed’s favorite measures of inflation, and of course Fed chairman Jerome Powell’s comments. 

As expected, the bond market had a bit of a run up, says Bob Johnson (AKA BobMortgage), the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk. What does that mean for you? Find out in this week’s episode — the 75th! — of the Mortgage Report with BobMortgage.

(more…)

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…)