Bock Mortgage Group - Michael Bock and Theresa NeSmith

Team Mortgage Mikes June 18, 2020

Home Renovations Are On The Rise

Millennials are among the most common demographic buying homes today. According to numerous reports that have been published, many homeowners are planning on conducting a home improvement project this year. In large part, this is due to millennials wanting to improve their homes. Furthermore, home improvement projects may have bigger budgets this year when compared to prior years. It will be interesting to see what kind of home improvement projects unfold this coming year.

Team Mortgage Mikes June 18, 2020

Should You Buy A Home Warranty?

When you buy a new house, the first thing you want to do is protect your investment. You already have property insurance. Should you also buy a home warranty?

What Is A Home Warranty?

A home warranty isn?t the same thing as insurance. Home warranties are service contracts. If a covered item breaks down and it?s covered in the terms of the warranty, the home warranty company will pay to fix or replace that item.

Team Mortgage Mikes June 17, 2020

How To Tell If A Home Has Been Well-Maintained

As a homebuyer, your real estate agent will do their best bring you to see homes that meet the criteria you asked for. However, there’s no guarantee that a home will have a history of being properly cared for.

Team Mortgage Mikes June 16, 2020

The Most And Least Expensive Cities In America

The cost of living in America varies widely in different parts of the country. In general, it is less expensive to live in the country than in the cities. However, there are many cities where the cost of living is modest compared to others where the money needed to live there is outrageous in comparison.

Team Mortgage Mikes June 15, 2020

What’s Ahead For Mortgage Rates This Week – June 15, 2020

Last week’s economic reporting included readings on inflation, the post-meeting statement from the Fed’s Federal Open Market Committee, and consumer sentiment. Weekly readings on mortgage rates and jobless claims were also released.

Inflation Ticks Up in May

Team Mortgage Mikes June 12, 2020

Fed’s Open Market Committee Holds Key Rate Steady

The Federal Reserve’s monetary policy committee decided against changing the Fed’s benchmark interest rate range of 0.00 to 0.25 percent. The Federal Open Market Committee said in its post-meeting statement that it is not considering raising rates until 2023. Two of 17 FOMC members felt that the Fed’s key rate may rise in 2022.