Paramount Mortgage - Lender's Blog

Buying vs. Renting in 2017

Buying a home is now more affordable than renting in most places. According to the ATTOM Data Solutions 2017 Rental Affordability Report, which analyzed data from 540 counties nationwide, buying a home is the more affordable housing option in 66 percent of the markets, up from 58 percent last year.

Buying beats renting most of the time

10 Easy Ways to Love Your Home

We celebrated Valentine’s Day just one week ago. With all the time and money spent expressing love to significant others - and many others - it’s unlikely that homeowners were able to show some love to their biggest investment.

Here are ten simple suggestions for loving your home, right now and all year long:

A Little Mortgage / Real Estate Humor

 

 

By the Numbers – Aspiring Home Buyers

The NAR Aspiring Home Buyer Profile is an in-depth examination of the consumer preferences of non-homeowners, defined as those who rent and those who live with someone else (such as family or friends) without paying rent. We thought we’d share these interesting facts from the survey.

Numbers of Our Heroes

This weekend, many of us gathered around the television with friends to watch a great game of football and enjoy some food and fun. Many look up to their favorite athletes because of their skill, dedication and talent, and perhaps even due to their character or commitment to community. Some would call them heroes, and we don’t necessarily disagree. However, someone once said that to find a hero, you don’t look for a number on the back of a jersey, but rather look for the number of medals on the chest of a veteran.

 

By The Numbers – Helping Our Heroes

At Paramount Mortgage Company, we take honoring our heroes very seriously. This includes not only veterans, but also first responders. Since implementing our “Helping Our Heroes” initiative, in which we waive the $995 origination fee, we have aided many in their quest for homeownership.

With that in mind, we would like to share a few numbers about our heroes:

Sweet Closings: How to Have a Smooth and Easy Loan Process

Once you’ve decided it’s the right time to purchase a house or to refinance your existing loan, you want everything to move quickly. The truth is, that doesn’t always happen. Sometimes things happen to delay the process, things that are out of the control of those involved.

Sellers May Benefit from Listing Early

Home sellers might benefit from listing earlier than the peak seasons of spring and summer this year, according to Jonathan Smoke, chief economist for realtor.com. Conventional wisdom in real estate holds that sellers should time the market to maximize their price. Why? Because home sales are extremely seasonal, peaking in spring and summer, when prices peak as well. That’s why in most markets, most years, the optimal time to list is in the spring, so that the maximum number of potential buyers view the home.

Honoring A Local Hero

Millennials Homebuying Insights

According to recent data from Zillow, Millennials are characterized by certain qualities, specifically when it comes to home buying.

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