Housing trends come and go. A few years ago, a new craze became wildly popular – tiny houses. Defined as a structure meant to be portable and less than 600 feet, tiny houses were supposed to be a new living situation that would make housing more... (Read More)
Watching mortgage rates rise and fall is starting to feel like watching your favorite sports team in the final seconds of a losing game. You feel fear as the clock starts to tick down because you know the time to fix things is running out. But you... (Read More)
Qualified U.S. veterans, active duty military personnel, and surviving spouses of veterans are eligible for VA home loans. These loans were created in 1944 as part of the GI Bill of Rights and the VA home loan program for returning WWII veterans... (Read More)
For the first time since 2020, the price of rent has dropped. In a report from Realtor.com®, it was calculated that the cost of rent dropped 0.5% in May of 2023 compared to the previous year. But how much does this drop actually save renters? A... (Read More)
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)
The American dream of home ownership is often stereotyped as buying your first little home with a yard and white picket fence. But as we all know, that’s not always the case. You can become a homeowner without buying a stereotypical single-family... (Read More)
Do you have a favorite vacation destination? A place that you love returning to again and again? If a particular sun-kissed beach or mountainside lake comes to mind, we have a question for you. Why haven't you bought a vacation home there... (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 now feels like it is more expensive and challenging than it was for older generations. We all know that is the narrative much of the real estate media pushes out. Yet despite this doomy outlook, younger homeowners, especially those in... (Read More)