Bock Mortgage Group - Michael Bock and Theresa NeSmith

Team Mortgage Mikes April 17, 2023

What’s Ahead For Mortgage Rates This Week – April 17, 2022

Last week’s economic reporting included readings on inflation, retail sales, and consumer sentiment. Weekly readings on mortgage rates and jobless claims were also released.

Team Mortgage Mikes April 14, 2023

Buying A House With No Money Down

If you dream of owning a house one day, you have probably realized that one of the biggest challenges is saving money for a down payment. You have already found your dream property, but then the lender asks you to put 20 percent down, which can be tens of thousands of dollars. Fortunately, there are alternative options available, and you may be able to purchase a home for no money down.

Team Mortgage Mikes April 13, 2023

How to Run a Quick Financial Health Check Before You Apply for a Mortgage

Are you planning on using a mortgage to help cover the cost of a new home? If so, you will want to prepare your finances and figure out how you will manage all those wallet-draining monthly expenses. Let’s take a look at how to run a quick financial health check to ensure you are ready to apply for a mortgage.

Team Mortgage Mikes April 12, 2023

How Young Is ‘Too Young’ to Buy Your First Home? Getting Started Early Has Its Ups and Downs

Many millennials are expected to enter the housing market in the next year with the interest rates still low. However, while it may be a good time, it does not necessarily mean that it’s the right time for you to make the investment. If you’re currently weighing your options when it comes to home ownership, here are some things to consider before you decide put the money down.

Team Mortgage Mikes April 10, 2023

What’s Ahead For Mortgage Rates This Week – April 10, 2023

Last week’s economic reporting included readings on construction spending and labor sector readings on employment and the national unemployment rate for March. Weekly readings on mortgage rates and jobless claims were also released.

Team Mortgage Mikes April 7, 2023

A Home Equity Loan Versus A HELOC

If you are looking for a quick source of cash, you may have been told that you can tap into the equity in your home. If you have at least 20 percent equity in your home, you can borrow against that equity at a relatively low-interest rate for a quick source of funding. You might be deciding whether to apply for a home equity loan or a home equity line of credit, which is usually shortened to HELOC.