Vancouver, British Columbia--(Newsfile Corp. - February 25, 2026) - Dominion Lending Centres Inc. (TSX: DLCG) ("DLC Group" or the "Corporation"), one of Canada's leading franchisors of mortgage professionals and owner of Newton Connectivity Systems, will release its fourth quarter and full year 2025 results on Tuesday, March 24, 2026, after market close. A conference call and webcast will be held to discuss the results on Tuesday, March 24, 2026, at 4:00 p.m. Mountain Time (6:00 p.m. Eastern Time). Fourth ...

US mortgage rates slipped last week to the lowest level since 2022, generating more refinancing activity. The contract rate on a 30-year mortgage dropped 8 basis points to 6.09% in the week ended Feb. 20, according to Mortgage Bankers Association data released Wednesday. The rate on five-year adjustable mortgages fell to 5.23%, also the lowest since September 2022. Most Read from Bloomberg An index of refinancing activity climbed more than 4% to the second-highest level in five months. Refinancing has ...

Mortgage rates made a tiny move higher today. According to the Zillow lender marketplace, the 30-year fixed rate rose one basis point from its previous multi-year low to 5.77%. The 15-year fixed rate stepped up three basis points to 5.40%. The 15-year VA loan is an eye-opening 4.99%. Today's mortgage rates Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 5.77% 20-year fixed: 5.68% 15-year fixed: 5.40% 5/1 ARM: 5.95% 7/1 ARM: 5.82% 30-year VA: 5.37% 15-year ...

DSCR, BI, Retention, Processing Tools; Correspondent and Wholesaler News; UAD 3.6 Interview Products, Services, and Software for Brokers and LendersWhen every basis point counts and staffing doesn’t magically scale with volume, servicers need automation that works as hard as they do. That’s exactly how Dark Matter Technologies delivers Elevate, a loan servicing solution designed for real-world operators who need more than a system that simply “generates reports.” Elevate automates scheduling, file delivery ...

Key Takeaways Rocket folds Redfin and Mr. Cooper into an origination-to-servicing platform aimed at the next upturn.RKT targets $540M cost synergies plus $100M revenue lift from Mr. Cooper recapture gains.Rocket sees Q4 2025 adj. revenue $2.1-$2.3B, but expenses near $2.3B may delay leverage.Rocket Companies, Inc. (RKT) is increasingly a story about operating leverage rather than just mortgage volumes. With Redfin and Mr. Cooper folded into an end-to-end origination-to-servicing platform, the company is pos ...

In this articleEFXTRUFICOMorsa Images | Digitalvision | Getty ImagesThere's a line item in homebuyers' closing costs that's causing a clash in the mortgage industry: the fee for lenders to check borrowers' credit.While the charges — typically in the tens or hundreds of dollars — represent a tiny slice of the amount that buyers pay when a home purchase is finalized, the cost has risen sharply in recent years. Costs in 2026 could rise an average 40% to 50%, according to a Dec. 12 letter from the Mortgage Bank ...

Core Insights - The average rate on a 30-year fixed mortgage has decreased to 6.01% from 6.09% in the previous week, marking the lowest level in over three years [4][5] - This decline in mortgage rates is seen as a positive sign for prospective homebuyers ahead of the spring homebuying season [5] - The average rate on a 15-year fixed mortgage also fell to 5.35% from 5.44% last week, down from 6.04% a year ago [4][5] Mortgage Rate Trends - The current 30-year fixed mortgage rate of 6.01% is significantly lower than the 6.85% rate from the same period last year [4][5] - The last time the 30-year mortgage rate was below 6% was on September 8, 2022, when it averaged 5.89% [4][5] - The easing of shorter-term borrowing costs is also noted, with the 15-year fixed mortgage rate declining [4][5]

Mortgage Rate Trends - The average long-term U.S. mortgage rate has decreased to 6.01%, the lowest level in over three years, down from 6.09% last week and significantly lower than 6.85% a year ago [1] - The 30-year fixed mortgage rate has not been below 6% since September 8, 2022, when it was 5.89% [1] Impact on Homebuying - The decline in mortgage rates is seen as a positive development leading into the annual spring homebuying season, benefiting home shoppers who can afford current rates [2] - The average rate for 15-year fixed-rate mortgages also decreased to 5.35% from 5.44% last week, down from 6.04% a year ago, indicating favorable conditions for refinancing [2] Economic Influences - Mortgage rates are affected by various factors, including the Federal Reserve's interest rate policies and bond market expectations regarding the economy and inflation [3] - The 10-year Treasury yield, which influences mortgage pricing, was at 4.08%, slightly down from 4.09% the previous week [3] Housing Market Performance - Despite lower mortgage rates, home sales have not significantly improved, remaining at 30-year lows for previously occupied homes [4][5] - The housing market has not recovered from a slump that began in 2022, even with a slight increase in home sales over the last four months of 2025 [4]

Core Insights - The mortgage industry is experiencing significant changes, particularly with non-bank lenders now handling the majority of U.S. home loans, a shift from banks that previously dominated the market before the 2008 financial crisis [11][12] - The Federal Reserve is proposing regulatory reforms aimed at revitalizing bank participation in mortgage lending, which could alter the competitive landscape for non-bank lenders [11][12] - Prudent AI has launched a new platform, Upfront Income, which streamlines the income verification process for both agency and non-QM loans, enhancing efficiency and reducing surprises during the loan closing process [2] Company Developments - Prudent AI's Upfront Income platform addresses the income silo problem, allowing lenders to calculate qualified income for various loan types with same-day certainty, thus improving operational efficiency [2] - LoanCraft has been designated by Fannie Mae as an authorized Technology Service Provider for its Income Calculator, which helps lenders reduce the risk of repurchased loans due to income calculation errors [4] - Elphi's platform allows lenders to regain control over their loan data and workflows, resulting in a 50% reduction in closing times and a 40% increase in productivity [3] Market Trends - Non-QM production saw a 198% increase for Newrez in 2025, indicating a strong focus on non-agency products and a commitment to enhancing pricing and programs for growth in 2026 [8] - The Federal Reserve's proposed changes could allow banks to hold less capital against mortgage loans, potentially increasing their competitiveness in the mortgage market [11][12] - STRATMOR emphasizes the importance of managing borrower expectations during the mortgage process, which can significantly impact customer experience and long-term brand equity [9] Economic Indicators - Mortgage rates are currently above 6%, approximately 76 basis points lower than the previous year, while mortgage servicing rights (MSR) values remain resilient despite market volatility [13] - Durable goods orders fell by 1.4% in December, but core orders excluding transportation rose by 0.9%, indicating steady underlying business investment [15] - The January jobs report showed stronger-than-expected results, which may influence the Federal Reserve's monetary policy decisions moving forward [17]

Core Insights - The average American with a mortgage has a balance of $258,214 as of mid-2025, reflecting a 26% increase since 2019 [1] - The median monthly mortgage payment for new buyers reached $2,025 in December 2025, translating to over $24,000 annually before additional costs [1] Mortgage Debt Overview - Americans collectively owe $13.17 trillion in mortgage debt, which constitutes about 70% of the total household debt of $18.8 trillion recorded by the Federal Reserve Bank of New York in Q4 2025 [5] - Homeowners who purchased or refinanced before 2022 benefited from lower rates below 3%, while those buying since have faced higher rates exceeding 8% [6] Generational Analysis - Millennials, aged 29-44, have the highest average mortgage balance at $320,027, significantly more than Baby Boomers, who average $196,227 [3][9] - The Silent Generation, aged 80 and above, carries the smallest average mortgage balance at $148,514 [3][10] Market Dynamics - The "lock-in effect" is causing homeowners with lower rates to hesitate in trading for higher rates, impacting market activity [7] - Mortgage debt increased by $524 billion in 2025, indicating that first-time buyers are still entering the market despite higher costs [7] Delinquency Trends - Rising interest rates and mortgage costs have led to an increase in delinquencies, with approximately 58,000 new foreclosure notations added to credit reports last quarter [7]