Cory Thompson

Mid America Mortgage, Inc.

 

Exploring Different Types of Home Insurance Coverage

When it comes to protecting one of your most significant investments–your home–having the right insurance coverage is essential. Home insurance, also known as homeowners’ insurance, offers financial protection against a wide range of potential risks, from natural disasters to theft. However, not all home insurance policies are created equal.

When to Ask for Repairs vs. Taking a Credit

Buying a home is a significant investment, and ensuring the property is in good condition is crucial. There are times when asking the seller for repairs is the best course of action, but in other situations, requesting a credit may be more beneficial. Understanding when to choose each option can help you navigate the buying process more effectively.

What’s Ahead For Mortgage Rates This Week – August 19th, 2024

The results are in, and both the CPI and PPI inflation reports confirm that inflation has come in lower than expected, surpassing expectations. This is a great result leading forward for the next FOMC Rate Decision meeting, as there is high optimism now that the rate cuts are coming this year. With next week’s FOMC Minutes guiding the next meeting, we can expect to hear their stance going forward. We also see a matching indicator in Retail Sales, showing a significant gain across the board, while auto sales had the largest increase in one and a half years. This aligns with previous consumer confidence reports and will serve as a good reference when making the next rate decision for the Federal Reserve.

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