In 2020, mortgage rates started the year at historically low levels and went even lower as the pandemic took its toll on the economy. What can we expect as we move into 2021? Mortgage Rate Forecast: Will it be the Same? Most experts expect that mortgage rates will remain low through the end of 2020…
Do VA Loans Have A Prepayment Penalty?
If you want to pay off your mortgage, you just send in a check for the remaining principal amount and that takes care of that, right? Not necessarily. You may have an additional fee called a prepayment penalty. This fee may be as high as two percent. On a $200,000 mortgage, that’s an extra $4,000…
10 Quick Tips to Prepare Your Home for Fall (Fall To-Do List)
The temperature is dropping and the leaves are starting to change colors. This could mean only one thing… Fall is here! This is a time for pumpkin carving, apple picking and preparing your home for the weather to come. Now is a great time to do some seasonal maintenance to your home to keep it…
Mortgage Comparison: Which Mortgage is Right For You?
At Mid America Mortgage, we offer a wide range of mortgage loans. We’ll make sure to always walk you through each option to find the best type of loan for your situation. If you’re just starting to look into the mortgage process, it can be a bit overwhelming and maybe confusing. So, we’ve put together…
Mid-Missouri September Mortgage Rates
Summer is winding down and we are shifting our focus to the fall season. Maybe this is the time that you’ve been waiting for to look into buying or renting a home? Whatever you decide to do, you have landed on the right page. Here is a list of our current Mid-Missouri rates for each…
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