Rising house prices and higher interest rates have made it more challenging than ever for first-time home buyers to break into the housing market. With these challenges in mind, many first-time buyers have decided to use Federal Housing... (Read More)
Preparing to buy your first home is an exciting and expensive process. That's why many first-time homeowners compromise on their first homes. They often don't have the capital, credit history, or equity for their dream homes. So, they buy a smaller... (Read More)
In June of 2022, PRMI was ranked as one of the top residential mortgage lenders in the nation, according to Scotsman Guide’s 2022 annual list. As a company, we were honored to receive this recognition. Our CEO, Kenneth Hudson, said, “We are... (Read More)
Buying a home with an adjustable mortgage rate is like riding a roller coaster. There are ups and downs as the interest rates move up and down with the market. Five years ago, that roller coaster was more of a toddler-friendly ride. There were peaks... (Read More)
Buying a foreclosure home can be a great way to save money on your purchase. But it’s not an easy process. Properties in foreclosure come with a lot of red tape, delays and difficulties that can make the process challenging. The first thing you... (Read More)
In Clark Fork, Idaho, there is a property known as the Bulbous House. This unique home, built in 1999, is green and curvy outside with a center dome structure and two appendages on each side. Concrete and wire were used to create the... (Read More)
Closing costs are a necessary evil when you're buying your first home. After all the excitement of purchasing a house, closing costs can ruin the mood. They're expensive and vary depending on where you are buying and what type of home purchase you... (Read More)
Are you looking for a way to earn more money? Or a potential second career? Then it might be time to consider buying an investment property! Investment properties can be a great way to bring in more income. You can turn your investment property into... (Read More)
When you're buying a home for the first time, you're likely to encounter a host of mortgage terms and acronyms. Find them a bit confusing? You're not alone! Real estate really has a language of its own. At Primary Residential Mortgage, we're... (Read More)