Mortgage news, tips & tools – Page 7
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.
Buying a home can be one of the most rewarding investments you will ever make. However, it can also be one of the most costly. Estimating your monthly mortgage payment well in advance of purchasing can help you make smart decisions with your budget.
The United States economy has flourished in recent years, and the housing market continues to gain strength. But with confusing factors like rising mortgage rates, a competitive buyer’s market, and home prices that are higher than any previous peak, many people are unsure about what will happen in 2019.
Many of us have heard scary stories about new homeowners dealing with costly and even dangerous home repairs that they did not expect. From leaky septic tanks and radon gas, to moldy walls and things that freeze in the night, here are our home inspection horror stories, and how to avoid them.
Everyone wants to get the best house possible for the best possible price. But even at a great price, it’s probably the most expensive purchase you will ever make, so searching for easy ways to save is a good idea. Add in a competitive market, and would-be home buyers will be looking for any advantage possible.
Medicine focuses on protecting your health in order to avoid illness – and an annual physical is key to see how your body is performing.
Shopping for a new home is an incredibly exciting experience. But it also can be frustrating, confusing, and even a bit scary. Sometimes it seems there are more questions than answers. Where should you buy? How many bedrooms do you need? And most importantly—how much house fits your budget?
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 apples in your search for a great real estate agent.
Autumn is your last chance to review, repair and remediate home issues that may break the bank account after winter arrives. Here are some expensive mistakes some homeowners make every fall – don’t be one of them. Set aside time (and a little cash) to clean up your household act.