Welcome! Premiere Mortgage Professionals was founded in 1992 on the basis of providing an upfront, honest and accountable approach that provides you the best loan for your situation. Our process of combining financial management with the loan origination process has helped our clients own a home and refinance with confidence. Premiere Mortgage Professionals has helped many families find ways of accomplishing their home ownership goal weather buying a first home, a second home or refinancing their current loan we make it Simple & EASY!. Thank you for visiting. We look forward to putting our mortgage services to work for you.
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Purchasing a new home? Congratulations on your decision to buy a new home! There are many important things to consider throughout the process. Our Home Buyer Course will help educate and inform.
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Applying for a loan? Our online application process is conveniently designed to allow you to stop any time and pick up where you left off. After you submit an application, you can check loan status at your convenience.
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Refinancing your Mortgage. Refinance to reduce rate, make improvements, consolidate bills, pay for college.Contact one of our mortgage professionals who will help find the right loan for you.
Latest Mortgage News
AP Associated Press -
Mortgage rates continue rise, top five percent. Average rate on 30-year fixed-rate home loans now at 5.29 percent
A rise in mortgage rates in recent weeks had sapped demand, particularly for home loan refinancing, but the direction of rates reversed course last week.
Rates on Borrowing costs on 30-year fixed-rate mortgages, excluding fees, averaged 5.50 percent, down 0.07 percentage point from the previous week, but significantly higher than the all-time low of 4.61 percent set in the week ended March 27. The survey has been conducted weekly since 1990.
Interest rates, however, were well below year-ago levels of 6.57 percent.
Thirty-year mortgage rates had mostly been on a downward trend since the Fed unveiled its plan to buy mortgage-backed debt in late November. But the Fed has recently met resistance in the bond market.
Treasury yields, which are linked to mortgage rates, rose sharply earlier this month, with mortgage rates responding in kind. Treasury yields have come down recently, allowing rates to fall.
The plunge in demand for home loans may help gauge how the hard-hit U.S. housing market is faring this spring, the peak home buying season.
Fixed 15-year mortgage rates averaged 4.99 percent, down from 5.10 percent the previous week. Rates on one-year ARMs decreased to 6.54 percent from 6.75 percent the prior week.
Rate Lock Advisory - Monday, June 29, 2009
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