Bock Mortgage Group - Michael Bock and Theresa NeSmith

Team Mortgage Mikes December 29, 2021

Do You Need Mortgage Insurance Even If It’s Not Required By Your Lender? Let’s Take A Look

Most loan applications with less than 20% down payment are required to include mortgage insurance with the loan. However, mortgage insurance may still be needed, even if it’s not typically required by your lender.

Team Mortgage Mikes December 28, 2021

Major Mistakes Which Are Sure to Increase Your Closing Costs

When shopping for a mortgage, it is important to take closing costs into account. Let’s take a look at some major mistakes that could result in borrowers paying more than they need to in closing costs.

Team Mortgage Mikes December 27, 2021

What’s Ahead For Mortgage Rates This Week – December 27, 2021

Last week’s scheduled economic reporting included readings on sales of new and previously-owned homes along with weekly data on mortgage rates and jobless claims.

Team Mortgage Mikes December 22, 2021

The ‘Debt to Income’ Ratio and How It Affects Your Home Purchase

The real estate market is rife with terminology that can make a home purchase seem more than a little complicated. If you’re currently looking for a home and are considering your loan options, you may have even heard the term ‘Debt to Income’ ratio. In the interest of simplifying things, here are some insights on what this term means and how it can impact your home investment.

Team Mortgage Mikes December 21, 2021

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

Last week’s economic reports included readings from the National Association of Home Builders on housing markets and the monthly post-meeting statement from Federal Reserve policymakers. Fed Chair Jerome Powell also gave a press conference. Weekly readings on mortgage rates and jobless claims were also published.

Team Mortgage Mikes December 17, 2021

It’s Not Just Car Storage: How to Transform Your Garage into a Brand New, Highly Usable Space

With a bit of planning and creativity, you can turn your garage into a much more functional space. Here’s how you can make your garage the most useful space in the house.