Bock Mortgage Group - Michael Bock and Theresa NeSmith

Michael Bock December 26, 2023

What’s Ahead For Mortgage Rates This Week – December 26, 2023

The final release of the GDP figures are the last large releases of the year before moving into Q1 of 2024, with the GDP report showing the economy had shown growth — particularly in Q3 with it tapering off by the end of the year. While the growth had been strong, it still was less than expected by analysts, however the final numbers do indicate we are on a track for a soft-landing and with the potential to all-together avoid a potential recession. The only other reports of note were the Personal Spending and PCE Index Prices.

Michael Bock December 22, 2023

The Benefits of Construction-to-Permanent Loans

Embarking on a home construction project is an exciting journey that can lead to your dream home becoming a reality. However, the financial aspects of building a home can be challenging to navigate. This is where construction-to-permanent loans come into play.

Michael Bock December 21, 2023

Mortgages for Non-U.S. Citizens Exploring Financing Options for Foreign Homebuyers

Becoming a homeowner in a foreign land is an exciting yet intricate journey. For non-U.S. citizens, securing a mortgage in the United States involves understanding and meeting specific requirements. We will explore the essential prerequisites and considerations for non-U.S. citizens aspiring to own a piece of the American dream.

Michael Bock December 20, 2023

Creative Financing Options for Homebuyers

When it comes to purchasing Real Estate, the traditional financing options may not always be the perfect fit for every aspiring homeowner. Fortunately, a range of alternative financing options exists, offering innovative solutions that cater to diverse financial circumstances. Here are some creative financing avenues that empower homebuyers to achieve their dream of homeownership: rent-to-own, lease-purchase agreements, and shared equity arrangements.

Michael Bock December 19, 2023

How Mortgage Refinancing Can Help to Finance Home Improvements

If you’re planning to remodel or renovate your home in the near future – whether to provide a better living environment or as part of a house flip – you’ll need to find a way to pay for your home improvements. There are several different possible sources of renovation money, each with their own advantages and disadvantages. One option that is gaining popularity is mortgage refinancing.

Michael Bock December 18, 2023

What’s Ahead For Mortgage Rates This Week – December 18, 2023

With both CPI and PPI reports well within expectations, there is a favorable reception across the broader market spectrum that these reports are a strong sign that the Federal Reverse will begin rate cuts in 2024. A soft landing for the economy is the primary goal of the Federal Reserve, and it would seem their measures have had the intended impact with the Jobless claims seeing a recent new low and many of the primary economic signals pointing to a stable 2024.