Lock or Float
There was a lot of downward trending for the stock market last week, but overall, that’s positive for the bond market and interest rates, says Bob Johnson (AKA Bob Mortgage) the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk. Our most-trusted mortgage adviser explains that, as people react to the plummeting…
Read MoreAs Bob Johnson (AKA BobMortgage) notes in the 78th episode of The Mortgage Report, our market is at a very exceptional place right now. According to the minutes released by the Federal Reserve, another interest rate hike is on its way in December. And as our most-trusted mortgage expert told us in last week’s episode…
Read MoreHow does Bob Johnson (AKA BobMortgage) decide whether it’s time to carefully float or lock in interest rates for his clients? This past week’s stock market slide and brief rally provide an excellent example. The stock market, heavily influenced by the affects of President Donald Trump’s tariffs and the recent increase in interest rates by…
Read MoreWhen was the last time you actually learned about how to save money when buying a home on Instagram? If you’re following BobMortgage, then you’re getting up-to-the-latest information that can help you get the best interest rate possible on your home loan. As Bob Johnson (AKA BobMortgage) explains to CandysDirt.com readers in his latest Mortgage…
Read MoreLow inflation, a lower-than-expected increase in jobs, and some less-than-stellar bond market performance has upset the apple cart a bit. We consulted our most-trusted mortgage expert to find out how the quickly changing market dynamics will affect our readers. In this week’s Mortgage Report, Bob Johnson, (AKA BobMortgage) offers the kind of market insight that…
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