Bock Mortgage Group - Michael Bock and Theresa NeSmith

Michael Bock February 21, 2025

How Do Mortgage Lenders Decide How Much You Can Borrow?

When buying a home, one of the most critical factors is determining how much you can borrow through a mortgage. Lenders evaluate multiple financial aspects to assess your borrowing capacity.

Michael Bock February 20, 2025

To Finance Or Not To Finance

Deciding to finance a new home can be exciting, and because of that buyers tend to want to jump right in. Not so fast! Before you start searching for your dream home, you need to get pre-approved and that means applying for a loan.

Michael Bock February 19, 2025

Common Places to Find Tax Deductions in Your Home

Paying your income taxes each year leaves your wallet a bit thin? There may be money hiding in your home that lessens your tax burden. Here are four places to look

Michael Bock February 18, 2025

What’s Ahead For Mortgage Rates This Week – February 18th, 2025

The major inflation data reports have been released, and the initial readings indicate that inflation has exceeded expectations. While the data suggests that the Federal Reserve is unlikely to allow any further rate cuts beyond those already implemented, optimism remains in the broader lending markets. This optimism is driven by expectations that the new administration may introduce changes to monetary policy in the longer term. Although inflation has come in higher than expected, it remains to be seen what next week’s PCE Index–the Federal Reserve’s preferred inflation indicator–will reveal.

Michael Bock February 17, 2025

Presidents’ Day and the American Dream of Homeownership

Presidents’ Day is a time to reflect on leadership, vision, and the pursuit of big goals. Throughout history, homeownership has been a key part of the American Dream, a foundation for stability, growth, and opportunity.

Michael Bock February 14, 2025

Second Mortgage vs. Refinancing and How to Identify Which Option is Right for You

When homeowners need access to funds or want to optimize their mortgage terms, they often face a critical decision: Should I get a second mortgage or refinance? Both options have unique advantages and considerations, making it essential to evaluate your financial situation and long-term goals before choosing the best path.