For many first-time home buyers, factoring in their student debt is a part of the process. There is 1.75 trillion in student loan debt in America, and the average borrower owes $28,950 or more. That's a large amount of debt to consider when... (Read More)

Spring and summer are typically the busiest seasons in real estate. When moving, buyers and sellers like to take advantage of the warmer weather and school breaks. But this year, the market is in a state of flux. Mortgage rates remain high, housing... (Read More)

A recent antitrust lawsuit involving the National Association of Realtors (NAR) might significantly change how real estate agents get paid in the US. Traditionally, agents earned a commission on the property sale, which was split between the... (Read More)

Many would-be homeowners have been waiting to buy a house for the past few years as mortgage rates have gone up and down. Some hope to buy their house at the right time to qualify for the best mortgage rate. While your mortgage rate is essential to... (Read More)

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)