President Donald Trump's suggestion that Fannie Mae and Freddie Mac purchase mortgage-backed securities is ill-advised, many ...

The current average mortgage rate on a 30-year fixed mortgage is 6.17%, compared to 6.15% a week earlier, according to the Mortgage Research Center. For borrowers who want a shorter mortgage, the ...

The promise of a 6.18% mortgage rate sounds like a long awaited break after years of sticker shock, but the real story only ...

The current average mortgage rate on a 30-year fixed mortgage is 6.18%, compared to 6.16% a week earlier, according to the ...

As a result, older homeowners may find that their top options are either a home equity loan or a reverse mortgage. While both draw from the same source — the value of your home — they work very ...

WESTLAKE VILLAGE, Calif., December 18, 2025--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) ("PMT" or the "Company") today announced that its indirect wholly-owned subsidiary, ...

PennyMac Mortgage Investment Trust (NYSE: PMT) (“PMT” or the “Company”) today announced that its indirect wholly-owned subsidiary, PennyMac Corp. (“PMC”), has priced an offering of $75 million ...

IN AMERICA’S foundation myths, the humble mortgage rarely features. There are no stirring ballads about the heroism of 30-year rates or credit-scoring. Yet mortgages have fuelled the American dream, ...

In an attempt to tackle the ongoing housing affordability crisis, President Donald Trump has proposed a new 50-year mortgage option on Truth Social. The goal of this initiative is to provide lower ...

The interest rate on a 50-year mortgage would be higher than it would be on a 30-year mortgage. And you'd be making payments for many, many more years. Mark Zandi, chief economist for Moody's ...

Third quarter earnings are in for the residential mortgage industry and the results show both challenges and opportunities in a volatile interest rate market. The rally in the Treasury market has made ...