by PMR Roseville Elite | Mar 11, 2022 | Blog
As your research or past experience has informed, buying a home is a long, complex yet very rewarding process. If you’re new to homebuying, or it’s been a long time since you participated in the homebuying process, it’s good to know that the steps between the contract...
by PMR Roseville Elite | Mar 11, 2022 | Blog
As the real estate market shows no signs of slowing down, rising home prices, maybe even record-breaking prices, are inevitable. According to CoreLogic, a leading real estate researcher, the index for home prices jumped by nearly 20% in a year-over-year analysis. The...
by PMR Roseville Elite | Feb 8, 2022 | Blog
Everyone knew it was coming. Interest rates, which dropped to historic lows last year, were eventually going to start to head in the other direction. It’s happening. Even as interest rates begin to move up, the volume of purchase mortgages increased substantially,...
by PMR Roseville Elite | Feb 7, 2022 | Blog
Today’s talk about interest rates is mostly about how low they have gone. Although interest rates are beginning to go up. An interest-only mortgage, however, is a different story. Homeowners with an interest-only mortgage do not pay toward the principal balance on...
by PMR Roseville Elite | Jan 13, 2022 | Blog
An FHA loan is a powerful lending tool that can work for all homebuyers, not just first-timers. Although the FHA loan is designed with newcomers in mind, a diverse pool of applicants can take advantage of the program’s lenient borrowing terms and features that bring...
by PMR Roseville Elite | Jan 13, 2022 | Blog
The U.S. Department of Agriculture mortgage loan is a zero-down program that’s widely available. Like FHA loans, USDA loans are backed by the federal government and are serviced by private lenders, offering homebuyers in less industrialized communities an opportunity...
by PMR Roseville Elite | Dec 9, 2021 | Blog
If you’re thinking about buying or selling a house, then you’re probably feeling pretty good about it. Findings from a new report show consumer attitudes toward both buying and selling real estate are at all-time highs. According to Fannie Mae’s Home Purchase...
by PMR Roseville Elite | Dec 9, 2021 | Blog
Did you know that for the second consecutive month, sales of existing homes are on the rise? According to the National Association of Realtors, sales of preowned family homes are up by nearly 1% month over month with more than 6.3 million units sold annually. On an...
by PMR Roseville Elite | Nov 15, 2021 | Blog
The FHA loan program is a powerful lending tool. Last year, more than 1.3 million Americans relied on the federal program for support in buying a home. While these programs are powered by the Federal Housing Agency, “FHA loans” are actually administered by approved...
by PMR Roseville Elite | Nov 15, 2021 | Blog
Real estate agents get a lot of the limelight, and for good reason. They are indispensable on your road toward homeownership. But loan officers deserve a lot of credit too. They are responsible for putting together a financial game plan, which involves a ton of...
