buying a home

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.


The good news is that you have found (and been offered) your dream job. The bad news is that it’s located way beyond commuting distance. The decision to relocate for your job is a tough choice that many of us will face during our career. Here are tips on how to evaluate your options, and how to make your potential move as painless as possible.

Read more about Relocating for Work: Real Estate Tips


"Nationwide, more than 371,000 homeowners associations (HOAs) benefit community members, according to HOA-USA, an online resource for U.S. townhome, condominium, and single-family homeowner associations."

Read more about A Homeowner’s Guide to HOAs


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.

Read more about The REO Guide: 10 Steps to Buying a Bank-Owned Home


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.

Read more about The Real Estate Buyer’s Agent: Do I Need One?


Buying a home is an exciting milestone in anyone’s life. So exciting, in fact, that many people rush through the process, intent on moving into their dream home as soon as possible. They often forget that they’re not just buying a home—they’re buying all the home’s problems too.

Read more about A Home Inspection Checklist for New Buyers


HomeReady® is a new mortgage program that brings flexibility and expanded eligibility to a wide range of borrowers. But how do you know if it’s right for you?

Read more about Is a HomeReady® Mortgage Right for Me?


Can owning your own home really be cheaper than renting? Plugging your numbers into a home affordability calculator is a great place to start, but there are other costs that you might not have considered. Here’s how to know how much home you can really afford.

Read more about What Home Affordability Calculators Don’t Tell You


Do you have childhood lake house memories or dreams of beachside retirement? Not sure how you can afford to purchase a vacation home of your own? Sharing your second home with others as a vacation rental is a path that can lead to great investment returns and maybe even a few new friends. We talked to vacation property gurus to get their top tips and advice for rental owner rookies.

Read more about Owning Vacation Rental Property: Expert Tips


Quality of Life. Quiet cul-de-sacs. A sense of belonging. After fleeing for destinations near and far, some people choose to return to the suburbs, cities and regions where they once played duck-duck-goose and rode bikes. Around 37% of Americans have never left their hometown according to the Pew Research Center; but others just return later in life.

Read more about Home for the Holidays: Why Some Return to Their Hometowns