Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson January 13, 2025

What’s Ahead For Mortgage Rates This Week – January 13th, 2025

In the first FOMC Minutes of the year, the Federal Reserve signaled strongly that while officials remain vigilant for inflation exceeding their expectations, they have no plans to raise interest rates. Much of the apprehension among speculators is the monetary policy which could keep inflation higher than expected for some time. Meanwhile, unemployment reports indicate that the previous year remained stable, consistently staying below the annual high–a positive sign of a stronger job market. However, this has been somewhat dampened by the recent reports of the Trade Deficit. Compared to the previous year, the trade gap has nearly doubled, potentially clashing with the policies introduced by the Trump Administration.

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

Cory Thompson January 6, 2025

What’s Ahead For Mortgage Rates This Week – January 6th, 2025

With the holiday season coming to a conclusion, there was little in the way of data releases. Last week, the main reports were the Chicago Business Barometer and the ISM Manufacturing Index, both indicating a slight contraction in the manufacturing sector. This comes as we await the upcoming administration change at the White House. The impact of this is relatively minimal, with lending rates continuing their downward trend. Next week we will be expecting the year-over-year for both the Consumer Price Index (CPI) and Producer Price Index (PPI), wrapping up 2024.

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

Cory Thompson January 2, 2025

How Mortgage Rates Are Determined

When you’re looking to purchase a home or refinance an existing mortgage, understanding how mortgage rates are determined is key to navigating your financial journey. These rates are influenced by a combination of personal financial factors and broader economic conditions, which work together to impact how much you’ll pay over the life of your loan.

Filed Under: Mortgage Rates Tagged With: Financial Tips, Home Buying Journey, Mortgage Rates

Cory Thompson December 30, 2024

What’s Ahead For Mortgage Rates This Week – December 30th, 2024

With Christmas concluding the prior week, there were few reports other than Consumer Confidence, which had come in slightly below expectations. This should prove to have little impact, especially in the following week. With the New Year on the horizon, there are no reports other than the Chicago Manufacturing output report for the entire week. Happy Holidays!

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

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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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Recent Posts

  • Your Mortgage Timeline, Backward
  • From Divorce to Fresh Starts, the Mortgage Paths No One Talks About
  • Why Getting Pre-Approved Feels So Intimidating, and Why It Shouldn’t
  • What’s Ahead For Mortgage Rates This Week – August 4th, 2025

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