Bock Mortgage Group - Michael Bock and Theresa NeSmith

Team Mortgage Mikes September 26, 2022

What’s Ahead For Mortgage Rates This Week – September 26, 2022

The Federal Reserve released its scheduled monetary policy statement and gave a press conference with Fed Chair Jerome Powell. Weekly readings on mortgage rates and jobless claims were also published.

Team Mortgage Mikes September 23, 2022

What is a Reverse Mortgage and How Does It Work?

In today’s blog post we’ll explore reverse mortgage loans, explaining how they work and whether or not you’re qualified to receive one.

Team Mortgage Mikes September 22, 2022

Saving for a Mortgage Down Payment? 4 Tips That Will Help You Get There Faster

For most people, the idea of saving more money each month is enough of a burden without having to think about investing in a home. A down payment, however, will require a lot more saving know-how and a lot more in liquid assets in order to be able to buy. If you’re trying to find ways to save a bit more each month, here are some sure-fire tips for raising the extra funds.

Team Mortgage Mikes September 21, 2022

Non-QM Home Loans: How Do They Work?

There are a lot of people who dream of owning a home one day, but few people have the cash to purchase a home outright. Therefore, you will probably need to take out a loan to buy a house; however, what happens if you cannot qualify for a loan with the traditional loan requirements? If you are not a W2 employee, you may need to go with a Non-QM loan. What do you need to know?

Team Mortgage Mikes September 20, 2022

Ready to Buy Your First Home? Don’t Forget to Check Your Credit Score – Here’s Why

If you are planning on engaging with a mortgage lender, you’ll need to have your finances in order. In today’s post, we’ll share a few key reasons why you’ll want to check your credit score well in advance of buying your first home.

Team Mortgage Mikes September 19, 2022

What’s Ahead For Mortgage Rates This Week – September 19, 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.