Cory Thompson

Mid America Mortgage, Inc.

 

A Commitment to Diversity and Inclusion

This historic day commemorates the emancipation of enslaved African Americans in the United States, and it’s more relevant now than ever as we strive to promote diversity, equity, and inclusion in everything we do. Juneteenth, celebrated on June 19th each year, marks the day in 1865 when Union soldiers arrived in Galveston, Texas, bringing the news of freedom to the last remaining enslaved African Americans.

Exploring 5 Types of Refinance Loans

Refinancing your mortgage can be a smart financial move, offering potential savings, access to cash, or improved loan terms. With various refinancing options available, it’s essential to understand what each type entails to make an informed decision. Let’s look into five popular types of refinance loans: Rate and Term Refinance, Cash-Out Refinance, Cash-In Refinance, Home Affordable Refinance Program (HARP), and Short Refinance.

What’s Ahead For Mortgage Rates This Week – June 17th, 2024

A welcome and unexpected data release for both the PPI and CPI shows inflation expectations coming in lower than expected. The positive news was somewhat mitigated by the hawkish FOMC rate decision that also took place during the same week. Still, there is more optimism given that the data releases in the past 30 days have shown signs of inflation coming under control. At the very least, it suggests that the Federal Reserve’s policy to keep inflation under control has been effective. As a result, lending partners have quickly cut rates again after the meeting this week.

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