Mortgage & Interest Rate
News, Tips & Tools Page 7

Explore Pennymac's Learning Center for tips on mortgage rates, interest rates, home buying, refinancing & real estate. Stay informed to make smarter decisions.

 
Verification of Employment for Mortgage: How Does It Work

An important part of the mortgage underwriting process is verifying your employment. Learn all about what that looks like.

September 7, 2022

Read More
Verification of Employment for Mortgage: How Does It Work
Verification of Employment for Mortgage: How Does It Work

An important part of the mortgage underwriting process is verifying your employment. Learn all about what that looks like.

September 7, 2022

Read More
The Mortgage Loan Process – What You Need to Know From Start to Finish
The Mortgage Loan Process – What You Need to Know From Start to Finish

Getting a mortgage loan can feel overwhelming – but it doesn’t have to be. Get step-by-step information from Pennymac for a simple process.

August 2, 2022

Read More
Mortgage Rates Explained
Mortgage Rates Explained

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

July 25, 2022

Read More
Conventional Loan vs. FHA Loan: What’s the Difference?
Conventional Loan vs. FHA Loan: What’s the Difference?

An FHA loan can be easier to qualify for, but conventional loans often offer lower mortgage rates. So which is right for you?

July 25, 2022

Read More
What’s Included in Closing Costs?
What’s Included in Closing Costs?

Closing costs are expenses outside of the property price that can apply to buyers and sellers. Find out what you need to know here.

June 28, 2022

Read More
Buying a Second Home – What You Need to Know
Buying a Second Home – What You Need to Know

Learn what you need to know when buying a second home from start to finish, from the experts at Pennymac.

June 28, 2022

Read More
What is a Co-Borrower?
What is a Co-Borrower?

Adding a co-borrower to your loan means that they are equally responsible for the mortgage and have equal ownership.

June 1, 2022

Read More
How to Save for a Down Payment
How to Save for a Down Payment

Sick of renting and wondering how to save for a down payment? These tips will help you save enough to finally buy.

June 1, 2022

Read More
What is a Conditional Loan Approval?
What is a Conditional Loan Approval?

A conditional approval is different than both pre-approval and full approval. It relies on specific conditions being met at closing. Learn more.

May 24, 2022

Read More
Is a 15-Year Fixed-Rate Mortgage Right for You?
Is a 15-Year Fixed-Rate Mortgage Right for You?

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

Read More

Helpful Tools

Home Value
Estimator

See an instant estimate of your home's current value and view recent home sales in your area

Learn More

Mortgage
Calculators

See how much home you can afford, what kind of monthly mortgage payment you might have, the benefits of refinancing and more!

Learn More

Your homeownership
journey, made easy

Access Home Equity Buy a home Refinance