Wallick and Volk

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

By Joanna England / September 3, 2018 /

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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BobMortgage Zone: What About All of Those Price Reductions?

By Joanna England / August 30, 2018 /

According to a recent report from Zillow, a significant number of markets across the nation are seeing price reductions across all ranges. Is that a sign of depreciation? What can buyers and sellers expect when it comes to the bidding process? In this weeks BobMortgage Zone episode, Bob Johnson (AKA BobMortgage) tells us what these…

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Mortgage Report: What is a Yield Curve? How Does it Influence Mortgage Rates?

By Joanna England / August 27, 2018 /

It’s the 70th episode of the Mortgage Report! This week, Bob Johnson (AKA BobMortgage) reports on some big news and rumblings in the market, specifically related to yield curves. What’s a yield curve? How does a yield curve indicate the overall health of the market? Our most-trusted mortgage expert and the senior mortgage adviser at…

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BobMortgage Zone: How Long Does it Take to Close a Home Loan?

By Joanna England / August 23, 2018 /

In the “real world” the typical time it takes to close and fund a home loan can be 30 days, says Bob Johnson (AKA BobMortgage) in his latest brodcast. However, as he notes, it does’t have to take that long. In this week’s BobMortgage Zone episode, we hear from the team on what it means…

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What is a Debt-to-Income Ratio and How Does it Affect Your Mortgage?

By Joanna England / August 16, 2018 /

There’s a lot of mystery wrapped up in how you get pre-approved for a mortgage. Part of that lies in the debt-to-income ratio, which is part of the alchemy mortgage companies use to see how much you can borrow for your home. But how do they calculate it, and what’s behind the numbers? In this week’s…

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