Monthly archive for February 2016

Rents to keep going up, but at a slower pace in 2016

couple in front of house for rent

Even some of the hottest markets could see a big slowdown in rent increases this year. At least, that’s what the analysts at Zillow are saying. According to the Zillow Rent Forecast for December, rents over the next 12 months should slow down across the nation. That’s not to say that rent increases will stop completely, but they’ll come close. According to Zillow, rents are expected to flatten in 2016, rising only 1.1 percent. Last year, rents “climbed through the roof,” as Zillow’s Emily Heffter put it, “outpacing incomes and making affordability an issue for renters all over the country

Read more

Home prices rising at fastest pace in 16 months

house money keys

The last few months of 2015 were pretty interesting in terms of real estate. U.S. home prices were up in the fall, with numerous metro areas seeing double-digit annual percentage gains. The S&P/Case-Shiller 20-City Composite Index, which measures several components of the U.S. housing market, rose 0.1 percent in the three months ending in November, for a 5.8 percent yearly increase. This figure is up from a 5.5 percent yearly gain in the period ending October, and marked the strongest reading since July 2014.

Read more

FHA to cut insurance rates on multifamily mortgages

multifamily housing

In an effort to increase the amount of affordable rental housing in the U.S., the Federal Housing Administration (FHA) recently announced plans to lower their insurance rates for multifamily mortgages. The rate reductions, announced in late January 2016, will take effect on April 1, 2016, and will directly impact the FHA’s Multifamily Housing Programs and properties that house low- and moderate-income families. This will also impact FHA developments that are installing energy-efficient systems or being built within federal energy guidelines.

Read more

Our Brands

The various mortgage brands run by Mid America Mortgage, Inc.

Contact Us

Company Headquarters:
Mid America Mortgage, Inc.
15301 Spectrum Drive, Suite 405
Addison, TX 75001
Phone: 214-261-3300
Toll Free: 866-544-7013
Find a Branch Location
Make a Mortgage Payment

Wholesale Division
550 Warrenville Rd
Lisle, IL 60532
Phone: 630-796-6092
Toll Free: 855-528-4572

Join the TEAM

At Mid America Mortgage, Inc. we're always looking for talented mortgage professionals to join our growing team. We're an Equal Opportunity Employer offering a highly competitive compensation and benefits package.

Visit our CAREERS PAGE for more information. We're Hiring on ZipRecruiter