President DONALD TRUMP
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…
Read MoreIt’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…
Read MoreMortgage 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…
Read MoreBy 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,…
Read MoreJust this past week, President Donald Trump issued an executive order that loosened lending restrictions instituted by Dodd-Frank. How will this, combined with the Fed’s recent uptick in interest rates, affect mortgages? 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,…
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