Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson April 8, 2024

What’s Ahead For Mortgage Rates This Week – April 8th, 2024

With the upcoming CPI and PPI reports this week, last week still had a number of important data points to consider. First, the non-farm payroll data, helping reveal the situation of pay versus inflation data giving an overall description of the state of the economy in the future. Among that, the manufacturing data has shown to be contracting the past year, with the first signs of relief this month. Lastly, trade data has shown that the trade deficit has grown bigger than expected with Q1 coming to completion.

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

Cory Thompson April 4, 2024

Choosing the Right Mortgage Term

You’re about to start on an exciting journey toward homeownership. But before you dive headfirst into the world of real estate financing, there’s an important decision you’ll need to make which is choosing the right mortgage term.

Filed Under: Home Mortgages Tagged With: Home Mortgage, Mortgage, Mortgage Term

Cory Thompson April 3, 2024

Understanding Interest-Only Mortgages

What exactly is an interest-only mortgage? Simply put, it’s a type of home loan where you pay only the interest for a certain period, typically the first five to ten years. After this initial period, you begin paying both the principal and interest, resulting in higher monthly payments.

Filed Under: Home Mortgage Tagged With: Financial Stability, Interest-Only Mortgages, Mortgage

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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

  • Sweet Loans for Every Taste: Which Mortgage Treat Is Right for You?
  • Is Owner Financing Your Home the Smartest Move?
  • What’s Ahead For Mortgage Rates This Week – May 27th, 2025
  • Honoring Our Heroes and Celebrating the Meaning of Home

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Houston, TX 77058

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