PMR Mortgage Blog

Homeownership among first-time buyers grows

Homeownership among first-time buyers grows

Applications for first-time homebuyers are on the rise, according to a new real estate market report. The Mortgage Bankers Association released statistics covering the last few weeks and found that the volume of mortgage applications fell slightly overall, driven by a...

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Why you should use a real estate agent to purchase a home

Why you should use a real estate agent to purchase a home

People love DIY projects. Who can blame them? It lets them save money and explore their creative side. A do-it-yourself approach to homebuying, however, is not the next project you should take on. While it’s possible to purchase a home without a licensed real estate...

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Home sales spike upward following small April detour

Home sales spike upward following small April detour

Home sales in the month of April were an anomaly. Sales fell by nearly 4.5%. Market insiders expected another banner month of sales, but the numbers contradicted expectations during prime home-buying season. Even the National Association of Realtors’ pending home...

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Home price gains continue to define real estate market

Home price gains continue to define real estate market

Record-setting, never before seen, shattering. These are the many ways to describe what’s still happening in the real estate market. Sustained home price gains continue to put sellers in the driver’s seat. CoreLogic reports the year-over-year numbers have reached...

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Record purchases possible this spring home-buying season

Record purchases possible this spring home-buying season

The real estate market continues its upward movement defined by low-interest rates, rising home appreciation, and increasing housing demand. Looking forward toward this year’s home-buying season, forecasters are discussing a record-breaking performance from the real...

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Design a dream home without compromise through special program

Design a dream home without compromise through special program

Sometimes your dream home is out of reach — but that doesn’t mean you can’t live your dream of homeownership inside a fabulous home. With a little patience, you can absolutely design your dream home with every bell and whistle. If you envision your next home having a...

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It’s still less expensive to buy than to rent a home

It’s still less expensive to buy than to rent a home

A new report took a close look at rental affordability and found that it’s cheaper to buy than rent in a majority of the country. The ATTOM Data Solutions Rental Affordability Report took the median price for a three-bedroom home in 915 counties and compared the costs...

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Homeowners gain $1 trillion in home equity

Homeowners gain $1 trillion in home equity

Despite the pandemic’s weighty impact, it did little to slow down the ability for homeowners to earn wealth this year. In the third quarter of 2020, homeowner equity rose to its highest level in six years. According to CoreLogic, a majority of homeowners saw their...

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