Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson September 14, 2020

What’s Ahead For Mortgage Rates This Week – September 14, 2020

Last week’s economic news included readings on inflation, job openings, and weekly reports on jobless claims and mortgage rates.

Inflation Rate Slows in August

After posting 0.60 percent growth for each month in June and July, the Consumer Price Index rose by 0.40 percent in August. These growth rates offset declines in inflation during the first three months of the COVID-19 pandemic. Used vehicle prices increased after deep discounts offered when the pandemic started; analysts said that rising prices for used vehicles offset losses in previous months and produced low inflation for August.

Filed Under: Financial Reports Tagged With: Home Rates, Jobless Claims, New Jobs

Cory Thompson September 8, 2020

What’s Ahead For Mortgage Rates This Week – September 8, 2020

Last week’s scheduled economic news included readings on construction spending and labor sector reports on public and private sector jobs. The national unemployment rate was also reported. Weekly readings on mortgage rates and jobless claims were also published.

Filed Under: Financial Reports Tagged With: Corona virus, Financial Report, Jobless Claims

Cory Thompson August 24, 2020

What’s Ahead For Mortgage Rates This Week – August 24, 2020

Last week’s economic news included readings from Case-Shiller on home prices, the National Association of Home Builders Housing Market Indices, and sales of previously-owned homes. Readings on housing starts and building permits issued were released. Weekly reports on mortgage rates, new and continuing jobless claims were also published.

Filed Under: Financial Reports Tagged With: Case-Shiller, Financial Report, Freddie Mac, Jobless Claims

Cory Thompson July 13, 2020

What’s Ahead For Mortgage Rates This Week – July 13, 2020

Last week’s scheduled economic news included readings on consumer credit, job openings, jobless claims, and mortgage rates.

Consumer Borrowing Declined at Slower Pace in May

According to Federal Reserve data, consumer borrowing fell at a slower annual pace of -5.30 percent in May as compared to April’s reading of -20 percent. Non-revolving consumer credit, which includes vehicle and student loans, increased by 2.30 percent in May. The Federal Reserve does not report on real estate loans.

Filed Under: Financial Reports Tagged With: Economic News, Financial Report, Jobless Claims

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Cory Thompson

Cory Thompson


Mortgage Loan Originator
Mobile 832.347.1855
Office 281.218.0505

NMLS ID 225056

Legend Lending

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