In this week’s Mortgage Report, our most-trusted mortgage expert gives you a peek behind the curtain — how exactly can you determine when it’s an auspicious time to lock in a mortgage rate. Bob Johnson (AKA BobMortgage) gives us a primer on how to read those often confusing economic charts, specifically the 100-day and 25-day moving averages.  (more…)

The sunlight falling on an area this size would power the USA.

No, it’s not April Fools’ Day, it’s the future.

When you look at the types of renewable power available – hydro, geothermic, wind, etc. – only one has the potential to completely supply the world’s energy needs — solar power. Did you know that harnessing just 0.02 percent of the solar energy that reaches the Earth would power the world? The map above shows how much surface area is required to power the entire U.S. using solar power. (more…)

We all know and love pro golfer Hunter Mahan, who used to live in the Creeks of Preston Hollow, but sold his home to another well-loved, Texas-born and raised pro golfer, Jordan Spieth.

Hunter and his family moved to Highland Park. I knew they had built a gorgeous lake house out at Long Cove, our closest heart throb, vacation home nirvana only a couple hours east of Dallas on the deepest, coolest part of Cedar Creek Lake.

Long Cove rocks.

We have more details on CandysDirt.com.

Realtors will tell you that kitchens and bathrooms sell homes. What happens if there is no kitchen?  Investment bank UBS recently issued an investment note to customers titled, “The End of the Kitchen?” Not being a UBS-caliber customer, I’ve only been able to glean snippets from the private report from across the internet.

In a nutshell, UBS is taking note of the fast rise in food delivery services like Uber Eats, DoorDash, GrubHub, and yet to enter the US, Deliveroo and Foodora. The report postulates what happens to the food distribution and preparation market as food delivery grows in popularity. It’s all part of the larger trend of people outsourcing tedious tasks to those willing to do them for pennies. (more…)

A hidden hazard on your property is not the kind of thing you’re going to stub your toe on. At least not the kind of hidden hazard that we’re talking about here.

In the title business, a hidden hazard is an issue that is not uncovered in a traditional search of property records. Most title companies are really good at finding potential problems in the research of deeds, maps and plats, mortgages, tax records, court records, liens, abstracts of judgment, probate and divorce actions, etc. (more…)

News last week was a little mixed, but now that New York Fed chair William Dudley has retired, the impact of his departure is being felt throughout the market. However, a new report from the Mortgage Bankers Association shows good news for our strong market — home purchase applications are posting gains.

With a quickly changing market and so many variables at play, consult our most-trusted mortgage expert — Bob Johnson (AKA BobMortgage) the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk. Should you lock or float? Find out today in the Mortgage Report on CandysDirt.com