Wallick and Volk

Mortgage Report: Bonds Post Modest Rally Ahead of Projected Interest Rate Increase

By Joanna England / May 21, 2018 /

Lately, the stock market has had more ups and downs than a teenage romance, but those who are looking for safer investments haven’t found the bond market to be any salve to our economic turbulence. But for those who are reading the tea leaves, when is the best time to lock in a rate? Should…

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BobMortgage Zone: A 3 Percent Mortgage? It’s Possible

By Joanna England / May 10, 2018 /

More and more people are getting into the market for a new home, but finding a qualifying mortgage product inside their budget can be a challenge. What do you do when you need housing but you’ve not saved enough for a big down payment?  In today’s BobMortgage Zone broadcast, our most-trusted mortgage expert, Bob Johnson…

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The Mortgage Report: Bonds Show Modest Rally, Interest Rate Increases on Horizon

By Joanna England / May 7, 2018 /

Surprisingly, bonds were up last week at the close of the market on Friday — a welcome, but modest change in the face of a turbulent stock market. Though the Federal reserve put off an interest rate increase, that could change in the coming months. And though employment figures have positive momentum, reports show the…

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Mortgage Report: Bonds Weaken With News of Syria Bombing, Inflation

By Joanna England / April 16, 2018 /

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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Mortgage Report: A Trade War With China Will Impact Mortgage Rates

By Joanna England / April 9, 2018 /

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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