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, the market has been vexingly mixed. Though BobMortgage recommended to carefully float last week, all of these variables could influence your financial health even more.

Should you lock or float? Trust BobMortgage to give you the answers in this week’s Mortgage Report. Jump to find out more: 

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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 & Volk — shares his outlook on the market. 

With more than 20 years of experience helping buyers find the right loan solutions for their home, BobMortgage can help you make sense of the complicated mortgage market. Should you lock or float? Find out in this week’s Mortgage Report presented by Wallick & Volk. (more…)

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 homebuyers? Find out right now with the Mortgage Report by our most-trusted home loan expert, Bob Johnson (AKA BobMortgage), the senior mortgage adviser with the nation’s oldest private lender Wallick & Volk.

With more than 20 years of experience helping buyers find the right loan solutions for their home, BobMortgage can help you make sense of the complicated mortgage market. Should you lock or float? Find out in this week’s Mortgage Report presented by Wallick & Volk.

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By Phil Crone
Executive Officer, Dallas Builders Association

In the midst of a labor shortage of nearly 20,000 construction workers in our area, the Dallas Builders Association is looking for young people to enter into an industry that desperately needs them. Much of our outreach has centered on our area’s vocational trade school programs. These are the same programs President Trump called to expand during last month’s State of the Union Address. They are also where about three in every four students are “Dreamers,” otherwise known as eligible recipients of the Deferred Action for Childhood Arrivals program (DACA), whose status is very much in limbo ahead of President Trump’s March 5 deadline to end the program in the absence of Congressional action.

Their future and the future of the housing industry are inextricably linked.

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The Dow plummeted 666 points, the largest dive in the past two years. Though a weak stock market usually means a boost in bonds and therefore lower interest rates, there’s another point of influence that is keeping rates up: inflation.

If it sounds like it’s time to panic about locking or floating, just listen to our most trusted mortgage expert, Bob Johnson (AKA BobMortgage), as he walks us through this week’s Mortgage Report. Are you shopping for a home? No matter what price range you’re buying in, BobMortgage, the senior mortgage adviser at the nation’s oldest private lender — Wallick & Volk — has the market knowledge to help you make the right decision. 

Don’t panic! Watch this week’s Mortgage Report instead!

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It’s a critical week for housing, says Bob Johnson (AKA BobMortgage) in our Mortgage Report. With the federal government thrown into chaos after a shutdown and a turbulent stock market, should you lock or float? 

Arm yourself with information in these quickly changing times from our most-trusted mortgage expert, senior mortgage adviser for the nation’s oldest private lender — Wallick & Volk. 

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Mortgage bonds broke through the resistance level and continued to close above the highs from the previous days. The gamble to float last week paid off, but this is a new week with a busy economic calendar. Should you lock or float? Bob Johnson (AKA BobMortgage) shares his opinion in today’s Mortgage Report.

You may know him as Bob Johnson, the senior mortgage advisor at Wallick & Volk, the nation’s oldest privately-held mortgage company. Bob Johnson has helped more than 25,000 families get into the homes of their dreams, in 20 plus years of lending service.

Now with five offices across the DFW metroplex, the nation’s oldest mortgage firm is helping thousands of consumers get into homes with the most up-to-date financial information possible. Wallick & Volk brings experience and integrity into every single loan, but they also deliver a highly personalized touch that conforms to each client’s need. Is it speed of delivery, unique products, total transaction transparency, or great pricing you need? Wallick & Volk has it all in a broker-friendly banking platform that can do the impossible when it comes to home financing.

THIS WEEK: Mortgage bonds broke through the resistance level and continued to close above the highs from the previous days. Bonds now have a clear path to the next resistance level at 103.2. Considering this week’s events, should you lock or float?

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New House under Construction

A shortage of skilled workers is putting the construction industry in a bind, says Dallas Builders Association executive director Phil Crone.

By Phil Crone
Executive Officer, Dallas Builders Association

These days, any article about President Trump, especially one that is an opinion piece, is bound to be read with a certain level of trepidation. That being said, how he addresses the labor shortage will be the barometer by which the construction industry evaluates his presidency.

Certainly, actions to peel back costly regulations are welcome and applauded, but — in the Dallas area at least — the lack of boots on the ground is currently a much larger concern than any amount of red tape.

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