It’s a busy economic news week, with new and pending home sales reports released, as well as the Fed’s favorite measure of inflation — personal consumption and expenditures. Last week ended on a moderately positive note, but many feel that rate hikes are are coming this year, says 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? Don’t panic — with more than 20 years helping buyers find the perfect loan for their home purchase, BobMortgage reads the tea leaves of today’s market better than anyone else. For his expert take, watch The Mortgage Report after the jump!
