News

PMTW is PennyMac Mortgage Investment Trust's new 9% Senior Notes due 2030. Check out the risks and rewards of PMTW here.
Cost efficiency and new revenue sources are part of the playbook for midsize mortgage lenders amid market volatility and ...
The average interest rate for a 30-year mortgage jumped back above the 7% threshold on Monday, with the increase coming after Moody's downgraded the U.S. credit rating on Friday over concerns ...
It has turned out to be a surprisingly calm week for mortgage rates and, as of today, largely a victorious one, even if the victories have been modest. Today's installment involves a 0.02% drop ...
According to air quality readings across the Lower 48, the smoke was most hazardous across the Plains and the Upper Midwest, with moderate levels reaching as far south as Georgia and the Carolinas.
Mortgage bonds supported by government-backed companies like Fannie Mae and Freddie Mac were trading slightly wider Monday morning after Moody’s Ratings downgraded the US late last week.
Mortgage rates are inching back toward 7%, highlighting the ongoing strain on US home buyers. The average rate on a standard, 30-year fixed mortgage was 6.86% in the week ending May 22, the ...
With experience in both the mortgage industry and as a journalist, she was previously an editor with HousingWire, where she produced daily news and feature stories. She ho... Jordan Tarver has ...
Her expertise is in personal finance and investing, and real estate. The Taguchi Method of quality control emphasizes solid design and product process to achieve consistency and high quality ...
During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak in late ...
Higher yields translate into higher mortgage rates for consumers. One housing expert said the downgrade indicates that mortgage rates could hover around 7% for the foreseeable future. The ...
With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...