Today, the mortgage interest rate on a 30-year fixed mortgage is 6.88%, according to the Mortgage Research Center. On a ...

The rate on a 30-year fixed refinance fell today. Refinancing rates for a 30-year, fixed-mortgage are averaging 7.31%, ...

An additional $21 million was retained from a securitization completed after the quarter's end. CFO Dan Perotti noted that "PMT earned $36 million in net income to common shareholders in the fourth ...

PennyMac Mortgage Investment Trust (NYSE: PMT) Q4 2024 Earnings Call Transcript January 30, 2025 PennyMac Mortgage Investment ...

Daniel Perotti; Chief Financial Officer, Senior Managing Director; PennyMac Mortgage Investment Trust ...

Axos Financial Inc (AX) reports a 22.5% increase in net interest income, while navigating declines in net income and net ...

While the company’s quarterly results underscore the challenges of the mortgage market since the Federal Reserve began easing ...

Rates on 30-year refinance loans dropped another 2 basis points Thursday. That's now a four-day decline of 12 basis points, which has reduced the average to 7.01%—the cheapest level for 30-year refi ...

With interest rates for fixed rate mortgages in the high sixes, buyers wonder whether an adjustable rate may be better.

Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...

Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.

Before the pandemic hit in 2020, the typical mortgage payment was under $900. Fast forward five years and that monthly payment has surged 106%. Here's a look at why.