With interest rates for fixed rate mortgages in the high sixes, buyers wonder whether an adjustable rate may be better.
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 ...
Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.
Daniel Perotti; Chief Financial Officer, Senior Managing Director; PennyMac Mortgage Investment Trust ...
PennyMac Mortgage Investment Trust (NYSE: PMT) Q4 2024 Earnings Call Transcript January 30, 2025 PennyMac Mortgage Investment ...
The rate on a 30-year fixed refinance fell today. Refinancing rates for a 30-year, fixed-mortgage are averaging 7.31%, ...
Today, the mortgage interest rate on a 30-year fixed mortgage is 6.88%, according to the Mortgage Research Center. On a ...
Axos Financial Inc (AX) reports a 22.5% increase in net interest income, while navigating declines in net income and net ...
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 ...