Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson October 21, 2024

What’s Ahead For Mortgage Rates This Week – October 21st, 2024

The release of last week’s inflation data has left this week with very few significant data updates. The most important information will come from various Federal Reserve members speaking on different topics. They have consistently emphasized that they will closely monitor the data to decide whether further rate cuts are needed in their upcoming rate decision meeting. Much of the market is optimistic that rate cuts will continue. Additionally, several smaller retail sales data releases are expected soon, which will provide insight into the current strength of the economy.

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

Cory Thompson October 18, 2024

Is a Cash-Out Refinance the Answer to High Credit Card Bills?

If your credit card debt is piling up, a cash-out refinance could be the solution you need to manage your financial situation. By leveraging the equity in your home, you can consolidate your high-interest debts into a lower-interest mortgage, potentially giving you relief from hefty monthly payments.

Filed Under: Home Mortgage Tips Tagged With: Cash Out Refinance, Credit Card Debt, Debt Consolidation 

Cory Thompson October 17, 2024

Shared Equity vs. Traditional Loans

When it comes to purchasing a home, most buyers tend to opt for traditional financing methods like Conventional, FHA, or VA loans. These tried-and-true options have been the cornerstone of home financing for decades.

Filed Under: Mortgage Tips Tagged With: Mortgage Options, Shared Equity, Traditional Loans

Cory Thompson October 16, 2024

Understanding the Financial Power of Mortgage Points

In the world of home financing, mortgage points are a powerful yet often misunderstood tool that can significantly impact your long-term financial outlook.

Filed Under: Home Mortgage Tagged With: Home Financing, Mortgage Points, Mortgage Tips

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Cory Thompson

Cory Thompson


Mortgage Loan Originator
Mobile 832.347.1855
Office 281.218.0505

NMLS ID 225056

Legend Lending

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Recent Posts

  • Eco-Friendly Mortgages To Finance Green Homes
  • Why Your Mortgage Has an Escrow Account and How It Works for You
  • Creative Ways to Finance a Home Renovation with Your Mortgage
  • The Rise of Mortgage Payment Protection Insurance

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