by | Jul 22, 2017 | Mid America Mortgage, Inc, Mortgage Lending, Real Estate Market
Thinking of buying a home this year? There’s good news on the horizon for prospective home buyers, as Fannie Mae announces plans to make it easier for some borrowers to get a mortgage. Fannie Mae plans to raise its allowable debt-to-income ratio (DTI) from 45% to 50%...
by | Jul 20, 2017 | Mid America Mortgage, Inc, Mortgage Lending, Real Estate Market
Builder sentiment in the market for newly-built single-family homes slipped two points this month to a level of 64 from a downwardly revised June reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Despite remaining well over...
by | Jul 18, 2017 | Mid America Mortgage, Inc, Mortgage Lending, Real Estate Market
Refinancing your mortgage can be a great way to reduce your monthly payment. However, refinancing is generally thought to set the homeowner back and “restart” the mortgage, so-to-speak. This can be less than ideal for borrowers who want to own their homes outright....
by | Jul 11, 2017 | Mid America Mortgage, Inc, Mortgage Lending, Real Estate Market
DALLAS, Texas, July 10, 2017 (SEND2PRESS NEWSWIRE) — The Cooksey Team, a top producing retail branch of Mid America Mortgage, Inc., announced today it has been recognized by Dallas Business Journal as one of its “2017 Best Places to Work” in the Dallas-Fort Worth...
by | Jul 4, 2017 | Mid America Mortgage, Inc, Mortgage Lending, Real Estate Market
Thanks to massive advancements in technology, the number of people buying a home without seeing it in person first is on the rise. According to a recent survey conducted by real estate listing firm Redfin, one in three recent home buyers (33%) made an offer on their...
by | Jul 1, 2017 | Mid America Mortgage, Inc, Mortgage Lending, Real Estate Market
A recent article from CNN Money pointed out that while real estate prices are skyrocketing across much of the country, the cost of getting a mortgage is actually staying pretty low. To back up this claim, CNN Money’s Kathryn Vasel shared some of the latest home price...
