Cory Thompson - Mid America Mortgage, Inc.

Cory Thompson April 4, 2017

Understanding Mortgage Amortizations and Why Longer Periods Can Cost More

Buying a home is one of the largest investments you will make in your life, and that’s why so many people have longer mortgage amortization periods to pay down the principal. While it may seem appealing to have a longer amortization period, here’s why an extended loan term can end up costing you more and may be less financially beneficial when it comes right down to it.

Cory Thompson April 3, 2017

What’s Ahead For Mortgage Rates This Week – April 3, 2017

Last week’s economic news included Case-Shiller Home Price Index reports, pending home sales, and consumer confidence readings. Weekly readings on average mortgage rates and new jobless claims were also released.

Cory Thompson March 31, 2017

Student Loans vs. Down Payments: 3 Ways You Can Manage Both and Buy a New Home

The idea of paying off your student loans and buying a home at the same time can seem like an impossible feat given the impact on your Debt-to-Income (DTI) ratio. However, there are ways it’s possible to have enough funds and good enough credit to make your dream of home ownership come true a little more quickly.

Cory Thompson March 30, 2017

Trim Your Mortgage Closing Costs by Following This Easy 3 Step Guide

You may be so busy with determining your debt-to-income ratio and deciding what kind of offer to make that closing costs have gotten lost in the mix, but it’s important to remember that finalizing your mortgage will cost you extra. While there’s no way to get around paying money to solidify your mortgage, there are a few steps you can take in order to make it more economical for you.

Understanding Mortgage Amortizations and Why Longer Periods Can Cost More

What’s Ahead For Mortgage Rates This Week – April 3, 2017

Student Loans vs. Down Payments: 3 Ways You Can Manage Both and Buy a New Home

Trim Your Mortgage Closing Costs by Following This Easy 3 Step Guide

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