Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson April 17, 2020

The Narrowing Gap Between Renting And Buying A Home In The US

According to data compiled by Realtor.com in the fourth quarter of 2019, it is still more affordable overall to rent versus buy a home — but just barely. The median monthly mortgage payment at the end of 2019 was $1,600, while the median monthly rent payment was $1,319. This is largely due to steadily-increasing rates, rising home prices, and near-record-low mortgage rates.

Filed Under: Real Estate Tagged With: Market Conditions, Market Trends, Real Estate

Cory Thompson April 16, 2020

What Should I Consider Most When Buying A Home This Year?

There are two times when it is best to buy a home. When you have to buy one and when you can afford to buy one. In general, owning a home is better than renting one because you are building up equity for yourself, instead of throwing your money away by helping the landlord buy the property with your rent money.

Filed Under: Real Estate Tagged With: Home Purchase, Market Trends, Real Estate

Cory Thompson April 15, 2020

Mortgage Relief Refinance Programs For 2020

There are lots of people out there who are searching for options for mortgage relief. A quick search will reveal options for programs such as FMERR and HARP; however, many of the articles regarding these programs are a bit outdated. This makes them misleading. Sometimes, people might think they can apply for these programs when, in reality, they cannot. These programs have expired. Fortunately, there is another option for HIRO.

Filed Under: Mortgage Tagged With: Financing Options, Market Trends, 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

  • Could You Save Money by Refinancing Right Now?
  • The One Number More Important Than Your Credit Score for Mortgage Approval
  • How to Talk to Your Parents About Co-Signing a Mortgage
  • Understanding the Fear Behind Mortgage Debt and How to Move Past It

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