Cory Thompson - Mid America Mortgage, Inc.

Cory Thompson September 5, 2023

What’s Ahead For Mortgage Rates This Week – September 5, 2023

Inflation rose at a pace of 0.20 percent in July and met analysts’ expectations. There was no change in the pace of month-to-month inflation from June’s reading of 0.20 percent growth. The Consumer Price Index also reported that year-over-year inflation reached 9.10 percent, which was the highest reading since reaching a 40-year high in mid-2022.

Cory Thompson September 1, 2023

Understanding the Mechanics of a HELOC Loan

A Home Equity Line of Credit is a type of loan that allows homeowners to borrow against the equity they have built in their property. Equity is the difference between the home’s current market value and the outstanding mortgage balance. HELOCs are typically offered by banks, credit unions, and other financial institutions and are often regarded as a “second mortgage.”

Cory Thompson August 31, 2023

Buying Vs. Building a House

Buying a house is generally quicker and more convenient than building one. You can move in as soon as you close the deal, without having to wait for construction to be completed.

Cory Thompson August 30, 2023

How to Save The Most Money When Buying a House

Buying a house is one of the most significant financial decisions in one’s life, and it’s essential to make smart choices to save money during the process. While purchasing a home can be expensive, there are several strategies you can implement to maximize your savings and make the most of your investment.

What’s Ahead For Mortgage Rates This Week – September 5, 2023

Understanding the Mechanics of a HELOC Loan

Buying Vs. Building a House

How to Save The Most Money When Buying a House

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