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Michael Bock and Theresa NeSmith

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Team Mortgage Mikes May 9, 2019 Leave a Comment

Case-Shiller: February Home Price Growth Rate Slowest in 6.50 Years

Home price growth slowed in February according to the Case-Shiller 20-City Home Price Index. Home price growth hit its lowest rate in more than six years; this indicates that the roaring growth of home prices is settling and could provide opportunities for more would-be buyers to enter the housing market.

Filed Under: Real Estate Tagged With: Case-Shiller, Market Conditions, Marketing Trends

Team Mortgage Mikes May 8, 2019 Leave a Comment

How to Become A Billionaire Land Trader

Trading land like a billionaire relies on three simple premises. The first one is to acquire the land for cheap. The second one is to never intend to sell it. The third one is, if you trade it, trade up.

Filed Under: Real Estate Tagged With: Investment Properties, Market Trends, Real Estate

Team Mortgage Mikes May 7, 2019 Leave a Comment

Can I Qualify For A Mortgage Without W-2 Income?

It’s more common these days to have non-traditional income that doesn’t fall into the W-2 category. Many people work in what is referred to as the “gig economy,” where income might come from a variety of freelance sources.

Filed Under: Mortgage Tagged With: Financing, Income Verification, Mortgage

Team Mortgage Mikes May 6, 2019 Leave a Comment

What’s Ahead For Mortgage Rates This Week – May 6th, 2019

Last week’s economic news brought good news to U.S. consumers on several fronts. Mortgage rates fell and national unemployment fell to its lowest rate in 50 years. Inflation slowed and the Federal Reserve held its target federal funds rate steady.

Filed Under: Financial Reports Tagged With: Interest Rates, Labor, Mortgage Rates

Team Mortgage Mikes May 3, 2019 Leave a Comment

States With The Best Opportunities To Acquire Investment Property

Real estate investors sometimes get stuck in a rut. They repeat the same type of investment that they did before. This is not necessarily a bad thing because a successful experience is worth repeating. However, it is also a good idea to occasionally take a look at the big picture as well, to see what else is out there for investment consideration.

Filed Under: Real Estate Tagged With: Market Conditions, Marketing Trends, Real Estate

Team Mortgage Mikes May 2, 2019 Leave a Comment

FOMC Statement: No Changes to Key Fed Rate

The meeting of the Federal Reserve’s Federal Open Market Committee ended Wednesday with the Committee’s customary post-meeting statement recapping monetary policy matters considered by the Committee. Members voted not to change the current target rate range of the federal funds rate. The current rate range of 2.25 percent to 2.50 percent.

Filed Under: Market Outlook Tagged With: FOMC, Market Conditions, Market Trends

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Michael Bock
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Theresa NMLS #1996065

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Michael Bock | NMLS #1749855
Theresa Bock | NMLS #1996065
Licensed Mortgage Loan Originators
Bock Mortgage Group LLC. | NMLS# 2504921

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