Bock Mortgage Group - Michael Bock and Theresa NeSmith

Michael Bock March 6, 2024

Consider an Adjustable-Rate Mortgage If You Plan to Sell Within 5 Years

Which is better — a fixed-rate mortgage or an adjustable-rate mortgage (ARM)? It’s a common question among home buyers and refinancing households. The answer? It depends.

Michael Bock March 5, 2024

Maximizing Your Profits: A Guide to Utilizing Construction Loans for Fix-and-Flip Projects

Fix-and-flip projects can be lucrative endeavors for real estate investors, but they often require a significant upfront investment. One key financial tool that savvy investors use to fund these projects is a construction loan. We will examine how you can leverage construction loans to maximize your profits in the fix-and-flip game.

Michael Bock March 4, 2024

What’s Ahead For Mortgage Rates This Week – March 4th, 2024

A number of important consumer related data reports were released last week, giving us a clearer picture on inflation impacts and the state of the economy on a broader scale. First up, looking at the First Revision of GDP numbers, we are seeing they had fallen slightly below expectations, but still showing the economy has not deflated at all as of the result of the prior years’ repeated rate hikes.

Michael Bock March 1, 2024

Understanding Debt-to-Income Ratio: A Key Factor in Mortgage Approval

When it comes to securing a mortgage for your dream home, there’s a crucial number that can make or break your application: your debt-to-income ratio (DTI).

Michael Bock February 29, 2024

4 Common Remodeling Mistakes and How to Avoid Them

Investing in your home by remodeling or renovating is an excellent way to increase its value. However, a significant renovation project can quickly turn into a disaster, especially for those who are inexperienced. Let’s take a look at four of the more common home renovation mistakes that homeowners make and how you can avoid them.

Michael Bock February 28, 2024

Navigating the Impact of Environmental Factors on Property Values

As our world becomes increasingly conscious of sustainability, it’s crucial to understand how the environment can shape the value of your home or potential investment.