President DONALD TRUMP

Mortgage Report: Changing Stock Market Conditions, Tariffs, And Interest Rates

By Joanna England / October 15, 2018 / 0 Comments

How 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 […]

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Housing Affordability: Escalation of Tariff Conflict Exacerbates Construction Costs

By Joanna England / September 24, 2018 / 1 Comment

From Staff Reports With lumber tariffs already adding more than $6,000 to the price of every new home in Dallas, President Trump’s decision this month to escalate the trade conflict with China has builders bracing for more challenges to housing affordability. This decision could wind up imposing a $2.5 billion tax increase on residential construction, […]

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The Mortgage Report: The Market Responds to Fed Rate Hikes, Possible Trade War

By Joanna England / June 18, 2018 / 0 Comments

Bonds made positive moves last week on Friday, which is typically a positive indicator for mortgage rates. However, the Federal Reserve increased rates last week, too, though the comments were a mixed bag. All of this on top of what appears to be a budding trade war with China.  Looking for clarity in a turbulent […]

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Mortgage Report: Bonds Weaken With News of Syria Bombing, Inflation

By Joanna England / April 16, 2018 / 0 Comments

There’s a lot of news for the market to digest, says our most-trusted mortgage expert, Bob Johnson (AKA BobMortgage), senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk. Bonds fell through a key support level, and with news of President Trump’s decision to bomb Syria and the Fed’s watchdog-like concern regarding inflation, […]

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Mortgage Report: A Trade War With China Will Impact Mortgage Rates

By Joanna England / April 9, 2018 / 0 Comments

The Dow was down last week after news broke regarding President Donald Trump’s proposed tariffs totaling billions in the simmering trade war with China. Meanwhile, bonds rallied — at the expense of the stock market. Our most-trusted mortgage expert, Bob Johnson (AKA BobMortgage), the senior mortgage adviser at the nation’s oldest private lender — Wallick […]

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The Mortgage Report: Trump’s Proposed Tariffs Send Shockwaves Through Housing Market

By Joanna England / March 5, 2018 / 0 Comments

The Trump administration announced a proposal for tariffs on imported steel and aluminum, sending shockwaves through the housing market. With tariffs on Canadian lumber already driving up the cost of some types of housing, new tariffs on aluminum and steel could increase the overall cost for a new home even more. How will that affect […]

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