Cory Thompson - Mid America Mortgage, Inc.

Cory Thompson November 12, 2023

What’s Ahead For Mortgage Rates This Week – November 13, 2023

The week following the FOMC rate decision meetings are typically very light, with the two most influential releases being the University of Michigan Consumer Sentiment and the weekly Job Claims reports. The more positive news is mortgage lending rates have been on the decline in the last two weeks.

Cory Thompson November 10, 2023 Leave a Comment

How to Go From Renting to Owning a Home

Going from renting to owning a home can be a significant financial and personal milestone, but it requires careful planning and preparation. Here are some steps to take to make the transition from renting to owning: Determine your budget: Calculate your current expenses and income to determine how much you can afford to spend on […]

Cory Thompson November 9, 2023 Leave a Comment

Mortgage Rate Locks: When and How to Secure a Favorable Rate

Securing a mortgage to purchase your dream home is a significant financial decision. One of the essential aspects of this process is locking in a favorable mortgage rate. A mortgage rate lock ensures that the interest rate on your loan remains the same for a specified period, protecting you from potential rate fluctuations. We will […]

Cory Thompson November 8, 2023 Leave a Comment

Understanding Assumable Mortgage Loans

Mortgage loans are an essential aspect of financing the purchase of a property. Among the various types of mortgages available, one option that may be advantageous for both buyers and sellers is an assumable mortgage loan. An assumable mortgage loan is a type of home loan agreement that allows a homebuyer to assume the existing […]

What’s Ahead For Mortgage Rates This Week – November 13, 2023

How to Go From Renting to Owning a Home

Mortgage Rate Locks: When and How to Secure a Favorable Rate

Understanding Assumable Mortgage Loans

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