Mortgage news, tips and 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.
11.16.20
UPDATE — Federal Reserve announced that its benchmark interest rate would continue to stay at the historically low range of 0.00% to 0.25%*
Read more about Your Guide To The Federal Reserve & Mortgages
09.18.20
Purchasing, updating, and decorating your home was a big investment. It is your family’s refuge and holds both treasured memories and valued possessions: in short, all things that you want to protect. We talked with several security experts to discover and share their top tips for home protection.
09.09.20
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.
09.02.20
VA loans offer amazing advantages and benefits beyond down payments — learn how they can help you buy or refinance your home easily, with great savings.
Read more about 10 VA Loan Benefits You Need to Know in 2020
09.02.20
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.
04.02.20
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.
04.01.20
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.
Read more about How to Know if That Fixer-Upper Is a Money Pit
02.05.20
If you own a home, one of your first questions may revolve around how your home affects your tax filing.
Read more about Mortgage Interest Deduction 2019: Here’s What Qualifies
02.05.20
Filing your taxes can be complicated — especially when you own a home. But there are also a lot of potential write-offs that are often overlooked, as well as tax benefits to home-owning that you’ll want to make sure you’re aware of come tax time.
Read more about Homeowner Deductions Guide 2019 - 2020 and Overlooked Tax Write-offs