Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson May 2, 2019

FOMC Statement: No Changes to Key Fed Rate

The meeting of the Federal Reserve’s Federal Open Market Committee ended Wednesday with the Committee’s customary post-meeting statement recapping monetary policy matters considered by the Committee. Members voted not to change the current target rate range of the federal funds rate. The current rate range of 2.25 percent to 2.50 percent.

Filed Under: Market Outlook Tagged With: FOMC, Market Conditions, Market Trends

Cory Thompson April 18, 2019

NAHB: Home Builder Confidence Rises in April

Home builder confidence increased in April to an index reading of 63, which was one point higher than for March and the highest reading in six months. Analysts said that April’s reading revealed more about housing market conditions in the past six months than it was an indicator of future market conditions.

Filed Under: Market Outlook Tagged With: Market Conditions, Marketing Trends, NAHB

Cory Thompson February 26, 2018

What’s Ahead For Mortgage Rates This Week – February 26th, 2018

Last week’s economic releases included minutes from the most recent FOMC meeting, a report on January sales of pre-owned homes and weekly readings on mortgage rates and new jobless claims.

Filed Under: Market Outlook Tagged With: Interest Rates, Market Update, Unemployment

Cory Thompson February 12, 2018

What’s Ahead For Mortgage Rates This Week – February 12th, 2018

Jerome “Jay” Powell was sworn in as Chair of the Federal Reserve amidst wild fluctuations in U.S. stock markets. Analysts attributed sliding stock prices to fears over inflation.

Filed Under: Market Outlook Tagged With: Fed Chair, Interest Rates, Market Update, Unemployment

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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

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