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Friday, April 4, 2014

This week, all eyes were on Friday's key monthly Employment report. Adding to the focus, Fed Chair Janet Yellen emphasized on Monday that future Fed policy will primarily be determined by the performance of the labor market. The jobs data was right in line with expectations, and mortgage rates ended the week a little lower.

Posted at 07:26 PM

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Friday, March 28, 2014

It was a very quiet week for mortgage rates. There were few surprises in the economic data. Talk of easing by the European Central Bank (ECB) was positive for US mortgage rates, helping rates end the week a little lower.

Posted at 10:45 AM

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Tuesday, March 18, 2014

In the proposal, a new government entity would take over many of the functions of Fannie and Freddie, while some of the default risk would be shifted to private insurers. As a result, this proposal is viewed as a starting point for a long political debate, and the implementation of major reform of Fannie and Freddie is projected by most experts to be many years away.

Posted at 12:25 AM

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Monday, March 17, 2014

There was a lot of talk in the mortgage industry this week about a proposal out of the Senate Banking Committee that would replace Fannie Mae and Freddie Mac. Together Fannie and Freddie purchase or insure the majority of fixed-rate mortgages, so any changes to their structure would have enormous implications for mortgage lending.

Posted at 10:36 AM

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Thursday, November 14, 2013

One of the most important decision is your mortgage. Whether its a new home or a refinance you need experts and a place to get it all done under one roof. As a privately held mortgage banker and residential home lender, PRMG has successfully helped thousands of homeowners. Call me today and discover a new "personal touch" to your next home loan needs.

Posted at 04:49 PM

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Wednesday, November 13, 2013

PRMG is headquartered in Corona, CA. Our network of professionals are dedicated to finding the right loans to help clients better manage their mortgage needs. NMLS ID # 75243

Posted at 08:50 PM