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Should You Invest in Pennymac Mortgage Investment Trust
NewsHeater· 10 hours agoPennymac Mortgage Investment Trust (NYSE: PMT) has a higher price-to-earnings ratio of 9.53x compared to its average ratio, The 36-month beta value for PMT is at 1.43. Pennymac ...
30-Year Mortgage Rates Head Higher
Investopedia· 7 days agoAfter a three-day dip, 30-year mortgage rates reversed course to head upwards. Rates were up almost across the board of new purchase loan types, with no averages declining.
Complete Guide to Mortgages: What Type of Home Loan Is Best for You?
CNET· 1 day agoThere are several types of mortgages, each offering unique characteristics and benefits. The right type of home loan depends on your credit score, down payment, location and ...
Should you buy a second home?
Bankrate via Yahoo Finance· 20 hours agoOptions include: Second home mortgage Home equity loan on your current home Home equity line of credit (HELOC) on your current home Cash-out ...
Key takeaways from the latest Fed meeting
CNN Business via AOL· 21 hours agoThe Federal Reserve kept interest rates at their current levels Wednesday, as hotter-than-expected inflation data continues to push back the timing of...
How much income do homebuyers need to afford a mortgage in Canada?
Stacker via AOL· 2 days agoUsing a mortgage affordability calculator and current mortgage rates, prospective home shoppers can...
Fed keeps interest rates at 23-year high
NPR· 19 hours ago"That's one of the reasons why the...market economist at Nationwide. "They're not feeling that pain of the high-rate environment. Of course, that means...
‘The new normal sets in.’ 5 pros on where mortgage rates will go in May — and beyond
Market Watch· 2 days ago“Warmer weather may bring some buyers out of the woodwork, but until we see more sustained mortgage ...
Fed Says Inflation Progress Has Stalled and Extends Wait-and-See Rate Stance
The Wall Street Journal· 20 hours ago“Of course, we’re not satisfied with 3% inflation,” Powell said. “‘Three percent’ can’t be in a...
Federal Home Loan Mortgage Corp (FMCC) Q1 2024 Earnings Call Transcript Highlights: Strong ...
GuruFocus.com via Yahoo Finance· 10 hours agoFMCC reports a significant rise in net income and continued support for first-time homebuyers, despite facing headwinds from higher mortgage rates and cooling house prices.