Stock Market

Mortgage Report: Fear in The Stock Market is Putting Up Positive Bond Numbers

By Joanna England / October 29, 2018 / 0 Comments

There was a lot of downward trending for the stock market last week, but overall, that’s positive for the bond market and interest rates, says Bob Johnson (AKA Bob Mortgage) the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk.  Our most-trusted mortgage adviser explains that, as people react to the plummeting […]

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Mortgage Report: Taking it Day to Day in a Volatile Market

By Joanna England / October 22, 2018 / 0 Comments

As Bob Johnson (AKA BobMortgage) notes in the 78th episode of The Mortgage Report, our market is at a very exceptional place right now. According to the minutes released by the Federal Reserve, another interest rate hike is on its way in December. And as our most-trusted mortgage expert told us in last week’s episode […]

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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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Mortgage Report: Mid-Week Stock Market Rally Puts Pressure on Bonds

By Joanna England / September 3, 2018 / 0 Comments

Last week, stocks rallied on news of a trade deal between the United States and Canada, which put pressure on bonds, says Bob Johnson (AKA BobMortgage) in this week’s Mortgage Report. Instagram followers got that up-to-the-minute news on Wednesday, where our most-trusted mortgage expert converted his “float” position to “lock.”  In this week’s 71st episode […]

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The Mortgage Report: Don’t Panic! BobMortgage Offers Advice For Buyers in a Tricky Market

By Joanna England / February 5, 2018 / 0 Comments

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 […]

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The Mortgage Report: What Effects Will The Government Shutdown Have on Mortgages?

By Joanna England / January 22, 2018 / 0 Comments

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 […]

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