Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson April 30, 2024

Choosing Between a Home Equity Loan and HELOC

As a homeowner, tapping into your home equity can be a strategic financial move. Whether you’re renovating your house, consolidating debt, or covering major expenses, two popular options stand out: home equity loans and home equity lines of credit (HELOCs).

Filed Under: Mortgage Tips Tagged With: HELOC, Home Equity, Motgage

Cory Thompson April 29, 2024

What’s Ahead For Mortgage Rates This Week – April 29th, 2024

At Wednesday’s meeting, the Federal Open Market Committee (FOMC) is widely expected to maintain the current federal funds rate target range of 5.25% to 5.50%. This decision comes amidst conflicting economic signals. Tailing that, there is the Chicago PMI, Non-farm Payrolls, and the full release of the Consumer Confidence report. All of these are expected to match current economic conditions.

The prior week’s GDP numbers also factor into the equation, informing that economic growth has slowed this year compared to the previous year for Quarter 1. The PCE Index, the Federal Reserve’s preferred choice of inflation indicators, has shown inflation is within expectations but the whole picture is clear.

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

Cory Thompson April 26, 2024

Making Homeownership a Reality: Exploring Affordable Housing Initiatives

In the realm of real estate, the dream of homeownership often feels like a distant horizon for many individuals and families. Skyrocketing property prices, coupled with stagnant wages, have created significant barriers to entry into the housing market. However, amidst these challenges, there is a glimmer of hope in the form of affordable housing initiatives.

Filed Under: Home Buyer Tips Tagged With: Affordable Housing, Government Subsidies, 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

  • The Top 5 Mortgage Myths Debunked for National Homeownership Month
  • How to Build Credit For a Mortgage Starting This National Homeownership Month
  • Celebrating National Homeownership Month and How First-Time Buyer Programs Make It Possible
  • The Emotional Rewards of Homeownership and Why It’s Worth Celebrating in June

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