PMR Mortgage Blog
Three things to be aware of about your mortgage payment after you close
Congratulations! You’ve closed on your mortgage. Now that the ink has dried and you’ve got the keys in your hand, you may feel like you’ve finally crossed the finish line. However, you’re actually just beginning to embark on your exciting homeownership journey. Owning...
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Mortgage Rates See Biggest Weekly Drop in a Decade
Homebuyers got a big boost to their purchasing power this week thanks to falling mortgage rates. The average rate on the 30-year fixed-rate mortgage fell to 4.06 percent with an average 0.5 point for the week ending Thursday, down from last week when it averaged 4.28...
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How to access your credit score and what it means
As you begin your journey to the home-buying process, you’ll learn very quickly that your credit score plays a huge role in determining your buying power. Not only does your credit determine if you can get a loan, but it determines your interest rate if you do. A...
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Keeping your credit cards open to help your credit score
When it comes to buying a home, you’ll quickly learn that there are many factors involved in the approval process. The most important one? Your credit score. That’s why understanding what goes into your score is one of the first steps in purchasing a home. Every...
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Tips on how to make your offer stand out to sellers
In this day and age, technology has made it easier than ever to get an offer in front of a buyer. While that’s mostly great news for all parties, it does mean that there is increased competition and so it’s more important than ever to make your offer stand out from...
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How making biweekly mortgage payments could help you
In general, the shelf life for most mortgages is 30 years. That’s 30 years of monthly payments toward the principal and interest components of a home loan. In a much shorter time frame, however, you may be able to enjoy some financial perks by making one small...
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Portland Property Taxes to Rise in 2019
Many homeowners in Portland are forced to consider selling their homes due to annually rising property taxes. While so many have felt the hurt on their pocketbooks, potentially even forcing them out of their homes, Portland still has a lower rate of property taxes...
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What typically is included in closing costs on a home loan
Some home buyers can be caught off guard by a lot things before they even set foot inside their new home. At Premier Mortgage Resources, we do everything we can to try to prevent that from happening. The process of buying a home...
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5 ways to get your credit in check in 2019
Even if it’s not a part of your 2019 resolutions, it’s always a good time to whip your credit back into shape. Your credit score is important for your next big purchase, whether it’s a new car or a new home. It may also come to the rescue when you need to apply for a...
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Top tax write offs for home owners
It’s the most wonderful time of the year, said no one about tax season. That can change this upcoming April 15 – especially if you recently purchased a home, or are in the process of doing so. With some changes to the tax code, fewer Americans will need to itemize...
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5 questions you should ask your loan officer
Sometimes, there are more questions than answers, but this should never be the case when you’re pursuing home ownership. When you’re preparing to purchase a home of your own, it’s important to have a list of good questions that will help guide you through this...
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What happens during the Loan Processing phase of getting a home loan
Purchasing a home can be a complex process with many steps and turns. One of the most important phases of the home-buying journey occurs behind the scenes. Your loan officer and underwriters work diligently to fund your loan during processing. Here’s what it looks...
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