Team Mortgage Mikes, Author at Bock Mortgage Group

Team Mortgage Mikes February 24, 2022

S&P Case-Shiller Indices: December Home Price Growth Hits Record High

While U.S. home prices grew at record speed in December, rising mortgage rates threatened rapid price appreciation as buyers were sidelined by affordability concerns. S&P Case-Shiller’s National Home Price Index reported 18.80 percent year-over-year home price growth in December.

Team Mortgage Mikes February 23, 2022

Everything Homeowners Need To Know About Down Payments

Buying a house is an exciting time, but homeowners also need to make the best financial decision to meet their needs. One of the biggest decisions potential homeowners will face is how much money to put down.

Team Mortgage Mikes February 22, 2022

What’s Ahead For Mortgage Rates This Week – February 22, 2022

Last week’s economic reporting included readings from the National Association of Home Builders on housing markets, reports on sales of previously owned homes, housing starts, and building permits issued. Weekly readings on mortgage rates and jobless claims were also released.

Team Mortgage Mikes February 18, 2022

3 Reasons You Might Decide to Retire to a Tiny Home – and Why You’ll Love It!

One of the worries associated with getting older is having the ability to maintain your lifestyle in old age, and a smaller home can actually alleviate many of the high costs that go along with having an oversized home.

Team Mortgage Mikes February 17, 2022

Save Some Additional Cash with Our Guide to Lowering Your Monthly Mortgage Payment

If you are like many other homeowners, your home mortgage payment is the single largest expense in your monthly budget. This is a fixed expense that you will typically be responsible for until your loan is paid in full or until you sell your home, and you may have a 15, 20 or even 30 year term on your mortgage.

Team Mortgage Mikes February 16, 2022

Eliminate These 5 Barriers To Saving For Your Down Payment This Month!

With all the expenses that go into monthly living and the temptations that come along with life, saving money for the down payment on your new home can be quite a struggle for many people. If you’re having a hard time saving and are wondering what you can do to ensure a higher bank balance next month, here are a few things that may pose a risk getting the home of your dreams.