Waiting to Buy a Home Could Cost You Cold, Hard Cash

Waiting to Buy a Home Could Cost You Cold, Hard Cash

“I’m going to wait until the interest rates and housing prices go down before I buy a house” “It’s just not the right time” “I don’t think I can afford it” We’ve heard it all before. Excuse after excuse as to why people wait to achieve the dream of home ownership. We...
5 Factors that Determine Your Credit Score

5 Factors that Determine Your Credit Score

To keep you on top of your credit while you prepare to refinance or purchase a home, you should be aware of the five factors that determine credit score. Payment history is a large factor and the one that first comes to mind when thinking about credit scores. Your...
Adopting a Family is a Grounding Experience

Adopting a Family is a Grounding Experience

Everyone knows that Christmas is the time for giving. Maybe so much so that many of us get so wrapped up in buying the most lavish gift or spending more than we planned. Whether you stood in line for hours on Black Friday for a cheap Xbox for your kids or a new flat...
Back to School: Cashing Out to Help Pay for College

Back to School: Cashing Out to Help Pay for College

If you have kids in their mid teens or even younger, you’ve probably thought more than you wanted about their plans after high school. If you fall into this category you may also know the hot topic is that federal student loan rates have doubled in the past few months...
Changes on the Horizon for FHA Mortgages

Changes on the Horizon for FHA Mortgages

As many of you are aware, on April 1st of this year, the FHA made changes to their monthly mortgage insurance by raising the premium by 10 basis points. For instance, if you were only putting 3.5% down on a FHA loan before April, your monthly payment MIP (Mortgage...
What Really Happens When I Apply for a Mortgage?

What Really Happens When I Apply for a Mortgage?

(…and how to avoid it taking over your life for half a year) Whether you’ve picked out your dream house and need a purchase loan or you continue to see mortgage rates advertised for much lower than what you have and decide it’s time to refinance, applying for a loan...
Get a New Year, New You Headshot!

Get a New Year, New You Headshot!

If your headshot looks anything like this image, it’s probably safe to say it’s time to book your appointment for the new year. Don’t want to spend a pretty penny on a new photo? Well worry not, Primary Residential Mortgage | Primary Local has you...
“What’s Your Rate?!”

“What’s Your Rate?!”

Note: Written by Charles D’Arezzo, Sr. Loan Officer NMLS 29022 If you are interested in buying a new house or refinancing the house you’re in, you have probably talked to many banks and mortgage lenders and asked “What’s Your Rate?” It’s a very important piece...
Enter Our Thanksgiving Coloring Contest!

Enter Our Thanksgiving Coloring Contest!

We have already received some pretty great coloring contest entries, but if your child has not yet sent in a picture of what he/she is thankful for, there is still time! Our Thanksgiving coloring contest is open to anyone ages 13 and under (with parental permission)...