Wallick & Volk
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…
Read MoreSlow 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…
Read MoreWhile 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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