Mortgage news, tips & tools

The PennyMac Mortgage Blog is where you'll find unbiased, useful info to help save you money, time and peace of mind during the mortgage process. If you have a mortgage or are about to get one, we think you'll find info here you can't always get elsewhere.

11.03.21

UPDATE — The U.S. Federal Reserve once again announced that the federal funds rate would remain at near-zero levels.*

Read more about Your Guide To The Federal Reserve & Mortgages

10.13.21

Real estate, like many other industries, has been fundamentally changed by technology. Add in a worldwide pandemic to the mix, and technology has become the lifeline of the entire industry. New platforms and products can help you sell a home in new ways, but that doesn't mean that all traditional real estate marketing ideas have to be kicked out to the curb — the key is figuring out what works best for you and your selling agent.

Read more about 5 Expert Real Estate Marketing Tips

10.13.21

What does your ideal home look like? Is it a classic Victorian set far back from the road with stately elm trees shading the formal garden, or a brand-new split level in an up-and-coming housing development with a communal pool, tennis courts, and a playground for the kids?

Read more about New Homes vs. Old Homes: Which Is Right For You?

07.21.21

When it comes to remodeling plans, most homeowners immediately think of upgrades to be made inside of the house. Kitchen and bathroom updates are some of the first ideas that usually come to mind, but you can get great returns from making outdoor renovations and improvements.

Read more about Outdoor Renovations: Think Outside the Box

07.20.21

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. Here are 12 questions that will help you avoid the bad actors in your search for a great real estate agent.

Read more about 12 Questions to Ask Your Real Estate Agent

06.15.21

Deciding whether to renovate your current home or buy a new house can be emotionally fraught and financially complicated. As well, there may be aspects of the "stay vs. go" equation you may not have contemplated.

Read more about Should I Stay or Should I Go?

06.14.21

Purchasing a new home is a huge undertaking. Whether you’re a first-time homebuyer or you’ve navigated the waters before, the process can be overwhelming. But you don’t have to go it alone. A real estate agent—specifically a buyer’s agent—will help with every step of the of the homebuying process.

Read more about The Real Estate Buyer’s Agent: Do I Need One?

02.12.21

Like many American homeowners, your first mortgage may have been a loan with the Federal Housing Administration (FHA). Loans backed by the FHA are attractive to first-time homebuyers because FHA loans make it easier to obtain financing, requiring only minimal down payments and fair-to-good credit scores.

Read more about Should You Refinance Your FHA to a Conventional Loan?