interest rates Articles

Locking in a rate when applying for a mortgage can protect you from fluctuating interest rates.

July 2, 2024

See how a temporary buydown on your mortgage could reduce your interest rate and make your initial monthly payments more affordable.

April 5, 2023

The 2022 VA funding fee ranges from .5% to 3.6%. Learn more about this one-time fee at Pennymac.com.

October 12, 2022

You may have heard that time of year matters a lot for home prices, but that’s not the only factor when wondering, ‘when is the best time to buy a house?’

September 20, 2022

Understand how mortgage rates work and get answers to your frequently asked questions.

July 25, 2022

A 15-year mortgage is just one option you have as a homebuyer. Learn the benefits and drawbacks and decide if it’s right for you.

May 12, 2022

Mortgage rates have been at record lows for nearly two years. Learn what the Fed’s tapering is and what it can mean for rates in the foreseeable future.

February 25, 2022

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

January 26, 2022

With rates so low and the removal of the Adverse Market Refinance Fee by the FHFA, it’s an ideal time to refinance. Learn more.

September 16, 2021