Cory Thompson - Mid America Mortgage, Inc.

Cory Thompson April 18, 2022

What’s Ahead For Mortgage Rates This Week – April 18, 2022

Last week’s economic reporting included readings on monthly and year-over-year inflation and the preliminary reading on consumer sentiment from the University of Michigan. Weekly readings on mortgage rates and jobless claims were also released.

Cory Thompson April 15, 2022

How to Calculate Your True Cost of Living and Determine How Much Mortgage You Can Afford

If you’re in the market for a house and are wondering how your income will stack up against the rest of your expenses, here’s how to determine a home cost that’s reasonable for you.

Cory Thompson April 14, 2022

Common Fees During Refinancing

As interest rates fluctuate, you might think about refinancing your mortgage. This is the cost of taking out a new home loan to replace the one you currently have.

Cory Thompson April 13, 2022

Taxes And A Cash-Out Refinance: What To Know

If you decide to go through the refinancing process, there are several options available. One of the most popular options is a cash-out refinance. Essentially, you capitalize on the difference between current interest rates and the interest rate on your home loan to keep your payments the same while also drawing equity out of your home in the form of cash. You can use this money to fund your retirement, complete home repairs, or do a renovation project. Even though you can do just about anything you want with this cash, what do you need to know about a cash-out refinance and taxes?

What’s Ahead For Mortgage Rates This Week – April 18, 2022

How to Calculate Your True Cost of Living and Determine How Much Mortgage You Can Afford

Common Fees During Refinancing

Taxes And A Cash-Out Refinance: What To Know

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