Bock Mortgage Group - Michael Bock and Theresa NeSmith

Team Mortgage Mikes April 2, 2021

How To Get A Mortgage If You Are A Gig Worker

Twenty years ago the economy was putting the dot-com bubble behind it, and people were buying homes. The high majority of folks worked for someone else; they received a paycheck, were given a W-2 from their employer, and filed their income tax returns accordingly.

Team Mortgage Mikes April 1, 2021

Case-Shiller: Phoenix Home Prices Hot, Hotter, and Hottest

The S&P Case-Shiller National Home Price Index posted its highest gain in nearly 15 years with a year-over-year home price growth rate of 11.20 percent in January. The December 2020 National Home Price Index reported 10.40 percent home price growth. The S&P Case-Shiller 20-City Home Price Index reported 11.10 percent year-over-year growth with 19 of 20 cities reporting higher home prices. Cleveland, Ohio was the only city reporting no home price growth in January. Detroit, Michigan reported home price growth data for the first time in nearly a year.

Team Mortgage Mikes March 31, 2021

Important Legal Tips For Homeowners

Being a homeowner is exciting. It can be financially rewarding, too. Unfortunately, it can also put you in a tough legal position.

Team Mortgage Mikes March 30, 2021

The Mortgage Pre-approval Letter: Why It’s Important and How to Get One

While you may feel as though you have taken the preliminary steps necessary to prepare yourself to buy a home, it is important that you also get a mortgage pre-approval letter for your financing before you starting hunting for that perfect house or condo.

Team Mortgage Mikes March 29, 2021

What’s Ahead For Mortgage Rates This Week – March 29, 2021

Last week’s economic news included readings on sales of new and previously-owned homes along with final March index readings on consumer sentiment. Weekly readings on mortgage rates and jobless claims were also released.

Team Mortgage Mikes March 26, 2021

What Are The Most Common Mistakes Homeowners Make When Refinancing?

There are lots of people who are looking to take advantage of low-interest rates to refinance their homes. This provides homeowners with an opportunity to save tens of thousands of dollars over the life of the loan. It could also allow homeowners to access equity to finance a home renovation or shave years off their mortgage. On the other hand, there are also a lot of people who make mistakes during the refinancing process. What are some of the mistakes that everyone should make sure they avoid?