buying a home Articles
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.
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.
Mortgage rates are near record lows. Learn how to capitalize on these low rates to save money on your mortgage — or afford more house than you ever dreamed possible.
Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity.
The answer is, no. The down payment amount can vary depending on the type of loan for which you’re applying. Fortunately, there are numerous ways to save, as well as down payment assistance programs and other funding sources for buyers. We compiled a list of alternative options for your down payment. Let’s first see what the down payment amount is for the type of loan you’re looking at.
Whether it’s a yard, garage, or pool, here are five often overlooked opportunities to consider while house hunting or updating your home to sell.
It’s one of the largest purchases you’ll ever make, and one that most people will only complete a few times in their entire life. It’s normal to feel intimidated and even confused by the home buying process.
So, you’ve finally found your dream house. Sure, it may need a little work — okay, a lot of work — but you’re confident it will all be worth it in the end.
When you first start thinking about buying a vacation home, it’s easy to get excited by visions of poolside lounging, hosting fantastic parties, or even just relaxing alone. Owning a vacation home does, however, come with several considerations and commitments. Some of these critical factors are obvious, while others are issues that you might not be aware of. Here are four considerations that all second home buyers should keep in mind as they search, via trusted real estate experts who know the industry.