Learning Center

Explore Pennymac's Learning Center for tips on mortgage rates, interest rates, home buying, refinancing & real estate. Stay informed to make smarter decisions.

Mortgage Basics

Start Smart: Your Plain-English Guide to Mortgage Terms, Processes, and Confidence.

Home Ownership

Master Your Home: Essential Tips and Expert Guidance for Every Homeowner's Journey.

Refinance

Refinance Smarter: Discover How to Save Big or Unlock Cash From Your Home's Value.

Home Equity

Leverage Your Wealth: Strategies for Building, Accessing, and Maximizing Your Home Equity.

Loan Types

Stay Ahead of the Curve: Expert Analysis on Loan Types, Rates, and Market Trends.

Op-Ed: A blueprint for making housing more affordable

David Spector, Chairman and CEO of Pennymac, argues that affordability is a structural supply problem that requires updating outdated tax codes and incentivizing "by-right" zoning approvals to unlock inventory.

January 28, 2026

Op-Ed: A blueprint for making housing more affordable

January 28, 2026

Pros and Cons to Selling Your House As Is

Selling a house as is* has its benefits and drawbacks. We’re here to help explore this home-selling strategy and what it means for both sellers and potential buyers.

January 22, 2026

First-Time Homebuyer Loans: Your Guide to Getting Started

Ready to buy your first home? Discover loan options and expert guidance to help you get the keys and start your next chapter with confidence.

January 20, 2026

The Debt-to-Income (DTI) Ratio Explained

What is a good DTI ratio for a mortgage? Learn how to calculate front-end and back-end DTI, check common loan requirements, and 4 steps to improve your ratio.

January 2, 2026

The Cost to Refinance Your Mortgage: Closing Costs and Interest Charges

Explore the true cost of refinancing your mortgage. From closing fees to interest, get the insights you need to make informed decisions. Read more!

January 2, 2026

Your Guide to Buying a Foreclosed Home With Confidence

Foreclosed homes offer unique opportunities for homebuyers. This guide covers everything from property types to financing so you can take the next step towards homeownership.

December 11, 2025

The Cost to Sell a House: What Every Smart Seller Should Know

Set yourself up for home-selling success. Prepare for the costs and learn how to keep more of your proceeds at closing.

December 11, 2025

Buying a Second Home: What You Need to Know

Buying a second home for vacation getaways can be a meaningful way to prioritize personal enjoyment. Here’s what you need to know before taking this exciting step.

December 11, 2025

Housing Affordability Policy Playbook

December 1, 2025