Bock Mortgage Group - Michael Bock and Theresa NeSmith

Team Mortgage Mikes January 4, 2022

An Overview Of Mortgage Points

There is a lot of terminologies involved in the mortgage application process, and one common term people come across is a mortgage point. What exactly is a mortgage point, and how might impact the price of the loan?

Team Mortgage Mikes January 3, 2022

What’s Ahead For Mortgage Rates This Week – January 3, 2022

Last week’s economic reporting included readings from S&P Case-Shiller Home Price Indices and the National Association of Realtors(R) released its monthly report on pending home sales. Weekly reports on mortgage rates and jobless claims were also released.

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.