Cory Thompson - Mid America Mortgage, Inc.

Cory Thompson May 19, 2016

How Are Mortgage Rates Determined?

If you’ve been paying attention to the mortgage rate news, you may be wondering exactly how it is banks decide what mortgage rates to offer. Do they just pick a number at random? Mortgage rates may seem somewhat arbitrary, but there’s actually something of a science to them.

So how does your bank or lender determine what your interest rate will be? Here are just some of the factors that go into the equation.

Cory Thompson May 18, 2016

NAHB: Home Builder Confidence Holds Steady in May

The National Association of Home Builders reported that home builder confidence in the U.S. housing market conditions held steady for the fourth consecutive month in May. Builder confidence stayed at a reading of 58, which was the number expected by analysts and was also the reading for April. Analysts said that the consistency in readings signified expansion in housing markets. Any reading over 50 indicates that more builders than not are confident about market conditions.

Cory Thompson May 17, 2016

How to Determine the Price of Your Home for Sale

Many people rely on the price they paid for their home as a starting point for selling, but with the ever-shifting tides of the real estate market, the price paid is not always the best metric to go by. If you’re putting your home up for sale and are looking for the ideal price point, here are some ways you can arrive at a number that will keep potential buyers interested.

Cory Thompson May 16, 2016

What’s Ahead For Mortgage Rates This Week – May 16, 2016

Last week’s economic news included reports on retail sales and consumer sentiment along with weekly releases on new jobless claims and mortgage rates.

How Are Mortgage Rates Determined?

NAHB: Home Builder Confidence Holds Steady in May

How to Determine the Price of Your Home for Sale

What’s Ahead For Mortgage Rates This Week – May 16, 2016

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