What are the current rates at Pennymac Loan Services?

As of March 5, 2015, the mortgage rate offered at Pennymac Loan Services for a conventional 15-year fixed mortgage is 3.5 percent. The company also offers a 4.125 percent interest rate for both its conventional 30-year fixed mortgage and its conventional 5/1 ARM mortgage.

The mortgage rates stated are based on the assumption that the property being mortgaged or refinanced is worth $300,000 or more, the loan value is $250,000, and the mortgage request is made in the city of Los Angeles. Assumptions made regarding the property owner include a debt to income ratio that is less than 30 percent.