President DONALD TRUMP
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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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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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 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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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…
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