Mortgage Bonds
Last week’s news caused chaos, with the bottom falling out of the bond market and disruption throughout Washington. However, this weeks shows promise of rebound, with a better-than-projected jobs report and some much needed support in mortgage bonds. However, will job growth finally mean wage growth? And what about the upcoming rate decision from the…
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Ever find yourself in a lending no-man’s land? As home prices have gone up, conventional loan limits have lagged, leaving fewer options for those who want to buy a pricier home that doesn’t fit in the “jumbo” category, which has stricter underwriting requirements. This could be a boon for so many homebuyers! Sound confusing? Educate…
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If you’re a market watcher, chances are that you’re in desperate need of a manicure after all the nail-biting action on Wall Street. The Senate GOP passing a tax bill, as well as news about the FBI investigation into Trump associates’ contact with Russian envoys, all sent the market into a tizzy. Of course, you…
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The homebuying process is absolutely riddled with pitfalls, and it’s easy to make what seems like a small mistake, only to find out that it costs big money years later. That’s why we trust the expert advice of Bob Johnson (AKA BobMortgage — senior mortgage advisor at the nation’s oldest private lender — Wallick & Volk) when it comes to…
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Rents are forecasted to rise 8 percent in the coming 12 months, and new home starts are up — giving the market some serious optimism when considering our housing supply issues. But Bob Johnson (AKA BobMortgage — senior mortgage advisor at the nation’s oldest private lender — Wallick & Volk), has some wisdom to share with renters: “You’re already paying…
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