Cory Thompson - Mid America Mortgage, Inc.

Cory Thompson June 16, 2020

The Most And Least Expensive Cities In America

The cost of living in America varies widely in different parts of the country. In general, it is less expensive to live in the country than in the cities. However, there are many cities where the cost of living is modest compared to others where the money needed to live there is outrageous in comparison.

Cory Thompson June 15, 2020

What’s Ahead For Mortgage Rates This Week – June 15, 2020

Last week’s economic reporting included readings on inflation, the post-meeting statement from the Fed’s Federal Open Market Committee, and consumer sentiment. Weekly readings on mortgage rates and jobless claims were also released.

Inflation Ticks Up in May

Cory Thompson June 12, 2020

Fed’s Open Market Committee Holds Key Rate Steady

The Federal Reserve’s monetary policy committee decided against changing the Fed’s benchmark interest rate range of 0.00 to 0.25 percent. The Federal Open Market Committee said in its post-meeting statement that it is not considering raising rates until 2023. Two of 17 FOMC members felt that the Fed’s key rate may rise in 2022.

Cory Thompson June 11, 2020

Buying A Home: You Might Be Able To Skip The Home Appraisal – But Should You?

Appraisals are important because they protect not only the seller and buyer but also the lender. The lender wants to make sure they know what the property is worth. Therefore, an appraisal is more about valuing the property and not about the price of the home.

The Most And Least Expensive Cities In America

What’s Ahead For Mortgage Rates This Week – June 15, 2020

Fed’s Open Market Committee Holds Key Rate Steady

Buying A Home: You Might Be Able To Skip The Home Appraisal – But Should You?

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