News

3% mortgage rates aren’t dead—housing market sees 127% increase in buyers taking over old loans
While most conventional loans aren’t assumable, loans backed by the FHA and VA are—if certain conditions are met.
Mortgage Applications Today: Mortgage Rate Decline Drives Second Week of Rising Home Loans
As the summer selling season is here, home loan applications saw a slight uptick in activity after a decline the week prior.
PennyMac Mortgage Investment Trust: Series C Preferred Shares Offer Safety And Decent Upside
PennyMac Mortgage Investment Trust saw pressure in Q1 2025, but preferreds remain supported by strong fundamentals. See why ...
Refinance applications surge as mortgage interest rates tick down
Americans saw a chance to save a few dollars on their monthly mortgage payments and took it, pushing refinance applications ...
Federal Mortgage Regulator Bill Pulte Calls on Congress To Investigate Fed Chair Powell
Bill Pulte, the nation's top mortgage regulator, has called for a congressional investigation into Federal Reserve Chair ...
Will lower mortgage rates save California’s housing market?
A May buyer’s estimated house payment of $4,700 is off 3% in a year. Still, that burden has tripled in 10 years.
Average long-term US mortgage rate falls to 6.67%, the lowest level since early April
The average rate on a 30-year U.S. mortgage fell for the fifth straight week to its lowest level since early April, an ...
‘Finance makes me break out in hives’: I inherited $240K from my parents. Do I pay off my $258K mortgage and give up my job?
Dear Quentin, I recently lost both my parents and inherited $240,000. Due to life choices (divorce) and living paycheck to ...
Struggling with bills? Mortgage expert reveals whether you should take a payment break
MORTGAGE experts have weighed in on whether you should take a mortgage break if you’re struggling to pay your bills. This is ...