PennyMac Mortgage ( ($PMT) ) has provided an announcement. On December 15, 2025, PennyMac Corp., a subsidiary of PennyMac Mortgage Investment ...

Today's average mortgage rate on a 30-year fixed-rate mortgage is 6.25%, down 0.30% from the previous week, according to the ...

Redwood Trust's new 9.5% Senior Notes (RWTQ) may be riskier amid deteriorating financials. Read here for a detailed financial ...

Some claims are being made online that borrowers can avoid paying their mortgage by sending their lender a “promissory note" ...

The yield on the 10-year note finished December 12, 2025, at 4.19%, while the 30-year note ended at 4.85%. Read more here.

With hybrids phasing out, investors are finding attractive yields in a range of new listed investments coming to market.

Many Long Island business deals are done at country clubs between swings and keeping score, but an important deal recently ...

The Federal Reserve cut short-term interest rates for a third time in 2025. What's next for borrowers and consumers?

The FOMC cut interest rates as expected on Dec. 10, but mortgage rates are unlikely to fall further as a result.

The government-sponsored enterprise removed a limit on adjustable-rate mortgages, and added flexibilities for repair, ...

For the everyday homebuyer, balloon mortgages are a relic of the past — and for good reason. This type of mortgage was widely used in the lead-up to the 2008 financial ...