Cory Thompson - Mid America Mortgage, Inc.

Cory Thompson November 7, 2024

What Are Your Options When Funding Your Down Payment?

Buying a home is a big milestone, and for many, saving for a down payment can feel like a major hurdle. Fortunately, there are several ways to make that down payment happen. Whether through savings, family gifts, 401(k) funds, or even second mortgages, understanding your options is key to making the best financial choice.

Cory Thompson November 6, 2024

Understanding an Appraisal Contingency in Your Home Purchase

When buying a home, you have the option to include contingencies in your purchase contract. These protect you by setting certain conditions that must be met for the contract to remain valid. If any contingency isn’t satisfied, you can back out of the sale without penalty.

Cory Thompson November 5, 2024

Understanding “Cash to Close” in Your Home Buying Journey

If you’ve received your Closing Disclosure from your lender, congratulations! You’re almost at the finish line of your home buying journey, ready to celebrate with keys in hand.

Cory Thompson November 4, 2024

What’s Ahead For Mortgage Rates This Week – November 4th, 2024

This week, the Federal Reserve’s preferred inflation data was released, and the results met expectations. This, along with recent GDP estimates, employment reports, and personal income/spending figures, paints a stable economic picture. It suggests that we may be on track for the Federal Reserve’s next round of rate cuts. The Federal Reserve has consistently stated its 2% inflation target and current figures show inflation at 2.1%. This indicates that a ‘soft landing’ for the economy could be within reach.

What Are Your Options When Funding Your Down Payment?

Understanding an Appraisal Contingency in Your Home Purchase

Understanding “Cash to Close” in Your Home Buying Journey

What’s Ahead For Mortgage Rates This Week – November 4th, 2024

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