Paramount Mortgage - Lender's Blog

Safe Shopping

Hold on to your Santa hat, friends, because there are just 25 days left before Christmas arrives! If you have shopping left to do, the bad news is that Black Friday and Cyber Monday have come and gone. The good news is that many stores are offering extended sales, some of which last for a couple more weeks and some of which offer expedited shipping. In short, Cyber Monday has become Cyber Weeks.

A Little Mortgage / Real Estate Humor...

 

 

Happy Thanksgiving!

Happy Thanksgiving! We are so thankful for a wonderful 2016 here at Paramount Mortgage Company. There is much for which to be grateful: our fantastic team, our families and friends, our customers and business associates, our communities, our freedoms, and so much more!

6 Cities to Own a Home for Under $1,000/Month

You don’t have to make a ton of money to afford a decent home in some cities.

St. Louis is the fourth most affordable metro area in America for those hoping to buy a home, according to information released by the mortgage-data company HSH.com. HSH analyzed housing affordability in 27 cities across the nation. The analysis looked at the cost – including principal, interest, taxes and insurance payments – of buying a median-priced home using a 30-year fixed-rate loan; the loan rates were based on people with credit scores of 740 or higher in each area and down payment of 20%.

Honor All Year Long

On Veterans Day, most in our great country paused to say “Thank you” to those who are serving or who have served in the past. It certainly brought a smile to our faces to see schools, communities, and individuals find a way to honor the service and sacrifice of many. We hope that you had a chance to participate in some way.

Save Your Credit Score through the Holidays for Spring Homebuying

There’s not much time left before the malls are flooded with busy holiday shoppers. And for those who plan ahead, the shopping probably started a long time ago. A recent blog from VantageScore emphasizes the importance of making sure shoppers don’t destroy their credit score right before the busiest home-buying season.  

The holidays may still seem a way off, but when the possibility of securing a home in the spring is on the line, the time to plan is now.

What is the main area where consumers hurt their credit during the holidays?  –  Credit cards.

Top Cities for Building Wealth

A new Bankrate study has listed the best cities for building wealth in 2016:

Top Five Housing Markets for Fall

Ten-X, an online real estate marketplace, recently released its Top Single-Family Housing Markets Report for Fall 2016, which ranks the nation’s 50 largest housing markets using current and forecasted housing fundamentals. Florida cities and Las Vegas top the list.

The top five (in order) were Fort Lauderdale, Palm Beach County, Tampa, Orlando and Las Vegas, each demonstrating an energetic combination of consistently strong demand, home price appreciation, and economic and demographic growth.

Simple Ways to Increase Your Property Value

Whether you hope to sell your home soon or live there for many years to come, your property value is important. Any improvements need to be completed with long-term ROI (return on investment) in mind. There are several projects that will increase the value of your home without spending a great deal of money. Before listing for sale or arranging for an appraisal, consider the following projects.

A Little Mortgage / Real Estate Humor...

 

Pages