Mid America Mortgage Blog

What is a Buyer’s Market?

couple in front of sold sign

Change is coming to the U.S. housing market. At least, that’s what the experts are saying over at REALTOR Magazine. According to the publication, there’s a power shift on the horizon, with buyer’s acquiring the upper hand in negotiations.

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Buying a home? Here’s what to look for in a new neighborhood.

older happy couple standing on front steps of house

There are many exciting aspects to buying a new home. One of these is discovering a new neighborhood and hopefully being able to enjoy its community features. Whether you’re new home is in a master planned community, a condo development or a historic district, getting to know a home’s immediate surroundings can be just as important as researching the property itself. In today’s post, we’ll highlight a few key features to look out for while you set out on your house hunting journey.

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Underwater Homeowners Still Have Options After HARP Expiration

house on chart showing decrease in statistics

There’s good and bad news for homeowners struggling with negative equity. First, the bad news: At the end of December, the Home Affordable Refinance Program (HARP) expired. The program allowed qualified homeowners to refinance to more affordable interest rates, ultimately giving them lower monthly payments and providing a path to regain equity. When HARP ceased to be available in the mortgage marketplace, it had an effect on the overall availability of conventional home financing.

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Company Headquarters:
Mid America Mortgage, Inc.
15301 Spectrum Drive, Suite 405
Addison, TX 75001
Phone: 214-261-3300
Toll Free: 866-544-7013
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Wholesale Division
550 Warrenville Rd
Lisle, IL 60532
Phone: 630-796-6092
Toll Free: 855-528-4572

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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.

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