Investment Properties vs. Second Homes

Though similar in purpose, second homes are financed differently than investment properties. Read more on the PacRes blog.

Is Home Price or Interest Rate More Important?

If homes are more affordable due to a higher interest rate, buying a place well within your budget could be advantageous if rates decrease.

Is it Possible to Time the Housing Market?

While no one can be certain what will happen in the 2020 housing market, we can prepare for a variety of scenarios based on what's been done before.

Is There a Difference Between APR and Interest Rate?

Two key aspects of your mortgage are the annual percentage rate (APR) and the interest rate. Do you know the difference between the two? Read more here.

Is Your Pre-approval In Good Health?

It's time for a pre-approval wellness check. Planning on buying or refinancing this year? Here are some Dos and Don'ts for your mortgage pre-approval.

Jumbo Interest-Only ARM Loan

Are you looking for a resource for a jumbo loan, but with a smaller payment than the traditional PITI? PRM offers a Jumbo Interest-Only ARM.