Mortgage Report

BobMortgage Zone: This One Mistake Could Cost Homebuyers $71,000

By Joanna England / November 30, 2017 /

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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The Mortgage Report: Rising Rents And New Home Starts Create Momentum For Homebuyers

By Joanna England / November 20, 2017 /

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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The Mortgage Report: Federal Reserve Leadership Changes, Plus Home Price Forecasts and a Tax Plan Breakdown

By Joanna England / November 13, 2017 /

Buckle up, because there’s a lot of turbulence in the mortgage market right now. In this week’s mortgage report from Bob Johnson (AKA BobMortgagesenior mortgage advisor at the nation’s oldest private lender — Wallick & Volk), — you’ll see all of the factors and variables that are making big waves in finance, underscoring how crucial it is…

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The Mortgage Report: GOP Tax Plan and Federal Reserve News Make Waves in Market

By Joanna England / November 6, 2017 /

More details emerged about the GOP tax plan, plus President Donald Trump made his selection for the new chairman of the Federal Reserve. It’s a lot of news to digest, that’s for sure. Should you lock or float? With so many variables in the market, there’s no better time to have a trusted mortgage adviser…

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The Mortgage Report: Market Reacts to Senate GOP’s $4 Trillion Budget

By Joanna England / October 23, 2017 /

Senate Republicans unveiled their proposed $4 trillion budget, and though tax reform plans — especially corporate tax cuts — wouldn’t show economic results for years, the effects on the mortgage market had Fannie Mae sinking by 30 basis points. With so many variables in the market, there’s no better time to have a trusted mortgage…

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