Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson August 7, 2019

New York Penthouse Sells For $238 Million – Is This A Real Estate Bubble About To Burst?

The most expensive home sold in America, so far, was a New York penthouse that sold for $238 million in January 2019. It is on the top of a building that overlooks Central Park. The 26-story luxury condo building designed by Robert A. M Stern is nearly all sold out.

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

Cory Thompson August 6, 2019

Fed Lowers Key Interest Rate For First Time Since Great Recession

The Federal Open Market Committee of the Federal Reserve announced the first rate cut to its key interest rate range since the Great Recession ushered in a series of rate cuts described as “quantitative easing.” The Fed committee confirmed a quarter-point cut to 2.00 to 2.25 percent.

Filed Under: Federal Reserve Tagged With: Fed, FOMC, Interest Rates

Cory Thompson August 5, 2019

What’s Ahead For Mortgage Rates This Week – August 5th, 2019

Last week’s economic news included readings from Case-Shiller on home prices, pending home sales, construction spending and a post-meeting statement from the Federal Open Market Committee of the Federal Reserve.

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Mortgage Rates

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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 Psychology of Homebuying and Emotions vs. Financial Logic
  • How to Finance Energy-Efficient Home Improvements with a Mortgage
  • What’s Ahead For Mortgage Rates This Week – July 7th, 2025
  • Reflecting on the Meaning of Independence Day

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