Bock Mortgage Group - Michael Bock and Theresa NeSmith

Team Mortgage Mikes June 21, 2021

What’s Ahead For Mortgage Rates This Week – June 21, 2021

Last week’s economic news included readings from the National Association of Home Builders on housing markets and Commerce Department readings on housing starts and building permits issued. Weekly reports on mortgage rates and jobless claims were also published.

Team Mortgage Mikes June 18, 2021

FOMC Statement: Fed Predicts 2 Interest Rate Hikes in 2023

The Federal Open Market Committee of the Federal Reserve said in its post-meeting statement that the Federal Reserve expects to raise its benchmark interest rate range twice during 2023. No rate changes will be made during 2022 as the economy continues to recover from the Covid-19 pandemic. The Fed’s current interest rate range is 0.00 to 0.25 percent.

Team Mortgage Mikes June 17, 2021

Is an ARM Loan Right for You?

In today’s competitive housing industry, it’s important to find the loan that’s right for you. With the low-interest-rate environment, many buyers wonder if an ARM loan is the best choice. Here’s everything you should consider before choosing an A

Team Mortgage Mikes June 16, 2021

Deciding Whether To Move or Refinance: Which Is The Better Option?

There are a lot of people who are wondering if now is the right time to move or refinance their current home loan. With interest rates still favorable, a lot of homeowners have the potential to save a lot of money if they are able to secure a home loan with a lower interest rate. There are two ways homeowners can secure a home loan with a lower interest rate. The first is to refinance. The second is to move. Which option is better? There are a few key points to keep in mind.

Team Mortgage Mikes June 15, 2021

Do You Have Enough Of A Down Payment Saved Up?

If you are planning on purchasing a home in the near future, you need to make sure you have enough money saved up. While there are a lot of expenses that go along with purchasing a home, the biggest expense is the down payment.

Team Mortgage Mikes June 14, 2021

What’s Ahead For Mortgage Rates This Week – June 14, 2021

Last week’s economic reporting included readings on job openings, inflation, and consumer sentiment. Weekly reports on mortgage rates and jobless claims were also released.