Wallick & Volk

BobMortgage Zone: How to Buy a House After Bankruptcy, Foreclosure, or a Short Sale

By Joanna England / October 27, 2017 /

After an adverse sale, whether a short sale or a foreclosure, the idea of owning a home again feels far off and challenging. But if you’re ready to wade back into the waters of homeownership after bankruptcy or another life event, Bob Johnson (AKA BobMortgage) has some sage advice for you. And there’s no better…

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The Mortgage Report: Market Reacts to Senate GOP’s $4 Trillion Budget

By Joanna England / October 23, 2017 /

Senate Republicans unveiled their proposed $4 trillion budget, and though tax reform plans — especially corporate tax cuts — wouldn’t show economic results for years, the effects on the mortgage market had Fannie Mae sinking by 30 basis points. With so many variables in the market, there’s no better time to have a trusted mortgage…

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The Mortgage Report: Housing Data And The Bond Market, Plus a Fed Rate Increase

By Joanna England / October 16, 2017 /

Slow inflation has the Federal Reserve eyeing a December rate increase, says Bob Johnson (AKA BobMortgage). That news, plus housing data, could seriously influence the mortgage market this week. Plus, the bond market, which has a lot of sway on mortgage rates, has been fighting to stabilize, too. Should you lock or float?  This week’s mortgage report…

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The Mortgage Report: Jobs Report Sends Shockwaves Through Mortgage Market

By Joanna England / October 9, 2017 /

While the stock market has been posting gains, bonds continue to sink lower. The affects, combined with reports of job losses in September, have been a disaster on the mortgage market, says Bob Johnson (AKA BobMortgage), the senior mortgage advisor at Wallick & Volk  — the nation’s oldest private mortgage lender. And despite the news, rate hikes are…

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BobMortgage Zone: 10 Tips For a Better Homebuying Experience

By Joanna England / October 5, 2017 /

As Bob Johnson (AKA BobMortgage) notes, buying a home is often the biggest financial transaction most people make in their lifetimes. It can be rife with stressful situations and pitfalls, but it doesn’t have to be that way. How do you manage all of the moving parts and make the most of your experience? By…

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