Bock Mortgage Group - Michael Bock and Theresa NeSmith

Team Mortgage Mikes December 17, 2019

How Growing, Multi-Generational Families Impact Home Design And Financing

There has been a surge in families who have multiple generations living together. In many cultures, children take care of their parents as they age. This is done in an effort to repay the parents for raising them during their childhood.

Team Mortgage Mikes December 16, 2019

What’s Ahead For Mortgage Rates This Week – December 16th, 2019

Last week’s economic reports included readings on inflation and retail sales; the Federal Reserve released its post-meeting statement from its Federal Open Market Committee. Weekly readings on mortgage rates and new jobless claims were also released.

Team Mortgage Mikes December 13, 2019

3 Traps First-Time Homebuyers Fall Into — And How To Avoid Them

When someone purchases their first home, this is a significant step. There are a number of issues that people need to think about because purchasing a home is typically someone’s most significant investment.

Team Mortgage Mikes December 11, 2019

FOMC Statement: Fed Holds Steady On Its Interest Rate Range

The Federal Open Market Committee of the Federal Reserve announced its unanimous decision not to change to the current target federal funds range of 1.50 to 1.75 percent. The committee’s customary post-meeting statement said the decision not to change the Fed’s target range for federal funds was based on factors including a strong labor market, moderate economic growth, continued job growth, and low unemployment.

Team Mortgage Mikes December 10, 2019

How Much Do I Need To Start Investing In Real Estate?

It is important for everyone to diversify their investments and one of the assets that people often look toward is real estate. In a healthy market, real estate should appreciate in value.

Team Mortgage Mikes December 10, 2019

Can A Reverse Mortgage Impact Your Social Security Or Medicare Benefits?

One of the most common worries that people have is money. When it comes to those golden retirement years, many people worry about running out of money. At the same time, most people who reach their retirement years have a lot of equity in their home.