Mortgage rates fell below 6% this week for the first time in three and a half years, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage fell to 5.98% from last week's reading of 6.01%. The average rate on a 30-year loan was 6.76% a year ago. It was most recently under 6% on Sept. 8, 2022, at 5.89%. Rent Becoming More Affordable For Many Americans As Market Stabilizes "This rate, ...

The average long-term U.S. mortgage rate slipped this week below 6% for the first time since late 2022, good news for home shoppers as the spring homebuying season gets rolling. The benchmark 30-year fixed rate mortgage rate fell to 5.98% from 6.01% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged 6.76%. The average rate has been hovering close to 6% this year. This latest dip, its third decline in a row, brings it closer to its lowest level since Sept. 8, 2022, when ...

MCLEAN, Va., Feb. 26, 2026 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 5.98%. “For the first time in three and a half years, the 30-year fixed-rate mortgage dropped into the 5% range, falling even lower than last week's milestone,” said Sam Khater, Freddie Mac’s Chief Economist. “This rate, combined with the improving availability of homes for sale, is meaningful and will drive ...

分享 reface 前⾔ at if our AI bullishness continues to be right...and what if that's actually bearish? 果我们的对 AI 的乐观持续正确……而这反而成了利空，会怎样？ at follows is a scenario, not a prediction. This isn't bear porn or AI doomer fan-fiction. e sole intent of this piece is modeling a scenario that's been relatively underexplored. Our nd Alap Shah posed the question, and together we brainstormed the answer. We wrote this t, and he's written two others you can find here. 下情景为设想，而非预测。这并非唱空轰动或人工智能末日主义同人文。本文唯一 的，是对一个相对较少被探讨的情景进行建模。我 ...

Mortgage rates ticked up slightly this week, with the 30-year fixed rate averaging 6.10%, up from 6.09% last week, according to Bankrate’s latest lender survey. Current mortgage rates Loan type Current 4 weeks ago One year ago 52-week average 52-week low 30-year 6.10% 6.18% 6.84% 6.54% 6.09% 15-year 5.45% 5.56% 6.05% 5.76% 5.45% 30-year jumbo 6.22% 6.38% 6.92% 6.61% 6.22% The 30-year fixed mortgages in this week’s survey had an average total of 0.33 discou ...

Delivered a second consecutive year of double-digit net interest income growth by deploying capital into high-yielding investments while reducing operating expenses for the third straight year. Attributed GAAP book value growth to improving valuations in legacy securitizations as rates declined and strong net interest income from new capital deployment. Maintained a deliberate strategy of migrating up the credit spectrum to focus on resilient assets, resulting in credit performance that outperformed t ...

PresentationGood morning. My name is Tiffany, and I will be your conference operator today. At this time, I would like to welcome everyone to the UWM Holdings Corporation Fourth Quarter 2025 and full year 2025 Earnings Conference Call. [Operator Instructions] Blake Kolo, you may begin your conference.Blake KoloChief Business Officer & Head of Investor Relations Good morning. This is Blake Kolo, Chief Business Officer and Head of Investor Relations. Thank you for joining us, and welcome to the Fourth Quarter ...

Financial Data and Key Metrics Changes - In 2025, the company reported $163.4 billion in originations, a 17% increase from 2024, with net income of $244 million, which included a $435 million MSR write-down [5][9] - For Q4 2025, the company achieved $49.6 billion in originations, up 28% year-over-year, with a net income of $164.5 million, including a $28.8 million MSR write-down [5][9] - Adjusted EBITDA for the full year was over $697 million, while Q4 adjusted EBITDA was $232.8 million [5][9] Business Line Data and Key Metrics Changes - The servicing income for 2025 was $725 million, an increase from $637 million in 2024 [10] - The company maintained a MSR portfolio with a UPB of approximately $241 billion and a fair value of $4.1 billion [9][10] Market Data and Key Metrics Changes - The company noted a growing trend of consumers entering the broker channel, driven by factors such as rate shopping and the ability of mortgage brokers to guide consumers [8] Company Strategy and Development Direction - The company is focused on bringing servicing in-house and has a strategic partnership with Bilt, which is expected to enhance lead flow and consumer engagement [6][7] - The pending acquisition of Two Harbors is viewed as a strategic inflection point that will enhance operational capabilities and market position [7][12] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the mortgage and housing industry, citing potential benefits from government initiatives aimed at improving affordability and lowering rates [13] - The company anticipates maintaining its number one position in the market and is excited about the potential of AI to reduce expenses while increasing production [13][14] Other Important Information - The company reported total revenue of $3.2 billion for 2025, up from $2.7 billion in 2024 [9][10] - The total equity at the end of Q4 was $1.6 billion, with total available liquidity of $1.8 billion [10][11] Summary of Q&A Session Questions and Answers - The management did not engage in a traditional Q&A session but encouraged stakeholders to refer to SEC filings for more detailed information about the business and strategy [15][16]

Group 1: Mortgage Rates and Home Affordability - The average 30-year fixed-rate mortgage is currently at 6.09%, the lowest level in over four years, and approximately 80 basis points lower than a year ago [1][2] - Compared to last year's average rate of 6.88% and the peak of 7.86% in late 2023, the current rate significantly reduces monthly payments for homeowners [4][5] - A typical $400,000 home financed at the current rate results in a monthly payment of $1,937, saving homeowners $166 per month compared to last year, equating to a total savings of $59,760 over the life of the mortgage [5][4] Group 2: Impact on the Mortgage Industry - Lower mortgage rates are expected to boost home purchases and refinancing activities, benefiting mortgage companies significantly [6][7] - Homeowners who purchased homes in the last three years may find substantial savings by refinancing at the current lower rates [6]

Hey, Kevin Hanks, pre-bell playbook joining us. Of course, everybody's getting ready for Nvidia. Since last week, we've been speaking about this.This can really determine things one way or another. The capex spending, um, how much people believe in AI and so on. What are you watching.>> Good morning, Nicole. You know, you can make the case that everything we worried about in terms of capex spending from Microsoft, Google Alphabet, Amazon, Meta Platforms, all that capex spending, where's it all going to end ...