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Paramount Residential Mortgage Group, Inc. (PRMG) has been a leader in mortgage banking for well over a decade. As one of the largest privately held national mortgage bankers and residential home lenders, PRMG has successfully helped homeowners purchase and refinance their homes across the country.

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Mortgage payments make up the biggest chunk. thanks to rising interest rates and increasing home values. The average monthly payment was $758 at the end of last year, up from $690 in 2015. Though. Thanks to the commonplace position of the 30-year mortgage, it is more popular despite the lower costs of shorter-term loans.