The number of applications for purchase mortgages recently rose for the third consecutive week....
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What to consider before you choose forbearance
As a last resort, loan holders may decide to ask their lenders to grant forbearance when they are...
Homeowners taking cash out of homes as economic uncertainty looms
The financial turmoil sparked by the coronavirus outbreak has one upside for homeowners: Cash-out refinancings are spiking along with overall refinancings, as borrowers rush to take advantage of mortgage rates that are down significantly from a year ago. The practice, known as a cash-out refinance, allows owners to take advantage of their home’s appreciation and borrow against the greater value, pocketing the additional cash. In March, mortgage applications more than doubled what they were last year.
PMR Gives Back launches fundraising campaign to help Idaho Foodbank
Premier Mortgage Resources (PMR) cares deeply about the communities it is in. That is why the...
What is private mortgage insurance?
You may have heard about it, but as a first-time homebuyer, you may have questions about private...
5 ways to prepare for spring buying season
Prime homebuying season (spring) will soon be in full swing. As home buyers and sellers prepare...
Refinancing applications surge as rates continue to fall
Spurred by ongoing reductions to mortgage rates, the refinancing world is spinning a little faster...
New studies show many Americans believe now is a good time to buy a home
A recently released survey conducted by the National Association of Realtors (NAR) shares a common...
Experts predict continued rate drops in 2020
This past year brought many unexpected and exciting trends in the mortgage world; namely,...
National Housing Survey reports positive sentiment about homebuying
Results are in from the Fannie Mae November 2019 National Housing Survey, and Americans’ sentiment...
Refinance loans reach highest percentage since 2015
Just a few months ago, refinance loans made up more than half of all loans closed, according to...
Housing affordability increases as VA Loans and FHA Loans provide options for new buyers
A new report by National Association of Home Builders says that around 63.6 percent of existing...