Low inflation, a lower-than-expected increase in jobs, and some less-than-stellar bond market performance has upset the apple cart a bit. We consulted our most-trusted mortgage expert to find out how the quickly changing market dynamics will affect our readers. In this week’s Mortgage Report, Bob Johnson, (AKA BobMortgage) offers the kind of market insight that will change the way you look at mortgage rates from now on. (more…)
Tag: Mortgage Report
In this week’s Mortgage Report, our most-trusted mortgage expert outlines the market’s current conditions, including a lagging bond market that is in a sideways trading range. Plus, more people are in the market to buy homes, and inventory isn’t increasing to match demand.
What does that mean for homebuyers? Find out from someone with more than 20 years of experience who has helped thousands of people finance the homes of their dreams — Bob Johnson (AKA BobMortgage), senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk.
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…)
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