Mortgage Report
Slow inflation has the Federal Reserve eyeing a December rate increase, says Bob Johnson (AKA BobMortgage). That news, plus housing data, could seriously influence the mortgage market this week. Plus, the bond market, which has a lot of sway on mortgage rates, has been fighting to stabilize, too. Should you lock or float? This week’s mortgage report…
Read MoreWhile the stock market has been posting gains, bonds continue to sink lower. The affects, combined with reports of job losses in September, have been a disaster on the mortgage market, says Bob Johnson (AKA BobMortgage), the senior mortgage advisor at Wallick & Volk — the nation’s oldest private mortgage lender. And despite the news, rate hikes are…
Read MoreThis week’s mortgage report illustrates just how important it is to have a seasoned mortgage advisor on your side. With signs of weakness in the bond market, as well as rate hikes looming in December, Bob Johnson, senior mortgage advisor at Wallick & Volk – the nation’s oldest privately-held mortgage company – breaks down the dynamics to give buyers an…
Read MoreThe bond market is still showing signs of weakness, but the big news this week is that, despite no increases in interest rates last week, more and more FED members are forecasting increases in the months and year ahead. This is why you need a trusted mortgage advisor, and we can’t think of anyone better…
Read MoreThe market has taken on a mind of its own recently, with gains in stocks and bonds were … down? That’s right, explains senior mortgage advisor at Wallick & Volk Bob Johnson (AKA BobMortgage) in his latest Mortgage Report. Could the market become immune to recent events? What’s going on here? Today’s report illustrates why you want an…
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