Core Insights - UWM Holdings, the largest wholesale mortgage lender in America, experienced a significant insider sale by CEO Mat Ishbia amid declining share prices [1][8] - Ishbia sold 1,224,574 Class A Common shares for approximately $6.8 million, representing a 23.39% reduction in his total pre-transaction holdings [2][6] - The company's stock has decreased by 10.90% over the past year, with a notable decline following a lawsuit against it [4][10] Company Overview - UWM Holdings specializes in residential mortgage loans, primarily through a wholesale lending channel, focusing on conforming and government-backed loans [5][7] - The company reported a total revenue of $1.37 billion and a net income of $16.89 million for the trailing twelve months [4] - UWM Holdings has a dividend yield of 6.08%, which may indicate a potential dividend trap [4][10] Transaction Details - The shares were sold at a weighted average price of $5.55, with the stock closing at $5.12 on December 12, 2025 [2][6] - Post-transaction, Ishbia retains 279,989 direct shares and 3,730,973 indirect shares [2][6] - The sale is consistent with Ishbia's historical trading patterns, aimed at increasing the stock's public float to attract institutional investors [8][9] Market Context - UWM's Q3 loan origination volume increased to $41.7 billion from $39.5 billion in 2024, contributing to revenue growth [10] - Despite the growth, the stock price fell after a lawsuit was not dismissed, raising concerns among investors [10][11] - The ongoing sales by Ishbia do not necessarily indicate a loss of confidence in the company, as he continues to hold a substantial number of shares [8][9]

Core Points - Firm Capital Mortgage Investment Corporation announced a special year-end cash dividend of $0.084 per share for 2025, bringing total dividends declared and paid for the year to $1.02 per share [2] - The monthly cash dividend for December 2025 is set at $0.078 per share, and combined with the special dividend, total cash dividends will amount to approximately $0.162 per share, payable on or about January 15, 2026 [3] - The board of directors has approved monthly cash dividends of $0.078 per share for Q1 2026, with specific payment dates outlined [4] Company Overview - Firm Capital Mortgage Investment Corporation operates as an investor in mortgages through Firm Capital Corporation, a non-bank lender that provides various financing options including residential and commercial real estate financing [5] - The company's investment objective focuses on preserving shareholders' equity while providing a stable stream of monthly dividends from investments in niche markets underserved by larger lending institutions [5] - The corporation aims to develop a diversified mortgage portfolio to produce stable returns for shareholders [5]

Core Insights - Mortgage rates have stabilized since mid-October, with the average 30-year rate at 6.08% and the 15-year rate at 5.58% [1][15] - The current mortgage refinance rates are generally higher than purchase rates, with the 30-year refinance rate at 6.12% [6][15] Mortgage Rates Overview - Current national average mortgage rates include: - 30-year fixed: 6.08% - 20-year fixed: 5.98% - 15-year fixed: 5.58% - 5/1 ARM: 6.28% - 7/1 ARM: 6.22% - 30-year VA: 5.63% - 15-year VA: 5.16% - 5/1 VA: 5.45% [5] Refinance Rates - Current national average refinance rates include: - 30-year fixed: 6.12% - 20-year fixed: 6.05% - 15-year fixed: 5.57% - 5/1 ARM: 6.26% - 7/1 ARM: 6.41% - 30-year VA: 5.74% - 15-year VA: 5.39% - 5/1 VA: 5.44% [6] Long-term Rate Predictions - Economists do not expect significant drops in mortgage rates before the end of 2026, with the MBA forecasting a 30-year mortgage rate near 6.4% through 2026 [14][16] - Fannie Mae predicts a slight decrease to 5.9% in Q4 2026, while the MBA expects rates to average 6.3% in 2027 [16][18] Comparison of Mortgage Types - A 30-year mortgage at 6.08% results in a monthly payment of approximately $2,419, leading to $470,773 in interest over the term [9] - A 15-year mortgage at 5.58% has a higher monthly payment of about $3,285 but results in significantly lower total interest of $191,361 [9] Fixed vs. Adjustable Rates - Fixed-rate mortgages lock in the interest rate from the start, while adjustable-rate mortgages (ARMs) have a fixed rate for an initial period before adjusting based on market conditions [11][12] - ARMs may start with lower rates but carry the risk of increases after the initial period [13]

Mortgage rates are drifting near where they've been since mid-October. According to Zillow, the average 30-year rate is 6.08%. The 15-year average rate is 5.58%. A calm rate environment allows for easier rate shopping among the best mortgage lenders. Today's mortgage rates Here are the current mortgage rates, according to our latest Zillow data: 30-year fixed: 6.08% 20-year fixed: 5.98% 15-year fixed: 5.58% 5/1 ARM: 6.28% 7/1 ARM: 6.22% 30-year VA: 5.63% 15-year VA: 5.16% 5/1 VA: 5.45% Remem ...

Mortgage rates remain in a comfortable routine. According to Zillow data, the 30-year fixed mortgage rate is 6.13%, and the 15-year fixed rate is 5.53%. The Federal Reserve announced a third interest rate cut last week, and mortgage rates shrugged. The 30-year interest rate has barely moved since the end of October. Current mortgage rates Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 6.13% 20-year fixed: 6.08% 15-year fixed: 5.53% 5/1 ARM: 6.24% 7/1 ARM: ...

Mortgage rates remain in a comfortable routine. According to Zillow data, the 30-year fixed mortgage rate is 6.13%, and the 15-year fixed rate is 5.53%. The Federal Reserve announced a third interest rate cut last week, and mortgage rates shrugged. The 30-year interest rate has barely moved since the end of October. Current mortgage rates Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 6.13% 20-year fixed: 6.08% 15-year fixed: 5.53% 5/1 ARM: 6.24% 7/1 ARM: ...

Mortgage rates remain in a tight orbit, according to Zillow. The average 30-year fixed mortgage rate is 6.13%, and the 15-year fixed rate is 5.53%. Those numbers will probably seem very familiar to those rate shopping these days. With rates so tame, compare three or four mortgage lenders to get your best offer. Current mortgage rates Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 6.13% 20-year fixed: 6.08% 15-year fixed: 5.53% 5/1 ARM: 6.24% 7/1 ARM: 6.31% ...

Core Insights - Mortgage rates are currently stable, with the average 30-year fixed mortgage rate at 6.13% and the 15-year fixed rate at 5.53% [1][18][19] - Borrowers are encouraged to compare offers from multiple lenders to secure the best rates [1][15] Current Mortgage Rates - The national average for various mortgage types includes: - 30-year fixed: 6.13% - 20-year fixed: 6.08% - 15-year fixed: 5.53% - 5/1 ARM: 6.24% - 7/1 ARM: 6.31% - 30-year VA: 5.60% - 15-year VA: 5.14% [5] Refinance Rates - Current mortgage refinance rates are generally higher than purchase rates, but this is not always the case [3] Fixed vs. Adjustable-Rate Mortgages - Fixed-rate mortgages lock in the interest rate for the entire loan term, while adjustable-rate mortgages (ARMs) have a fixed rate for an initial period before adjusting [10][11] - ARMs typically start with lower rates but can increase after the initial period [12] Choosing a Mortgage Lender - To find the best mortgage lender, it is advisable to apply for preapproval with three or four lenders within a short time frame to minimize the impact on credit scores [15] - When comparing lenders, it is crucial to consider the annual percentage rate (APR), which reflects the true cost of borrowing [16][17] Personal Finance Considerations - To secure lower mortgage rates, borrowers should focus on improving their credit scores, increasing down payments, and reducing debt-to-income ratios [13][14]

Mortgage rates are barely moving, refusing to react to the Federal Reserve's latest interest rate cut. According to Zillow, the average 30-year fixed mortgage rate is 6.13%, and the 15-year fixed rate is 5.53%. Today's mortgage rates Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 6.13% 20-year fixed: 6.08% 15-year fixed: 5.53% 5/1 ARM: 6.24% 7/1 ARM: 6.31% 30-year VA: 5.60% 15-year VA: 5.14% 5/1 VA: 5.36% Remember, these are the national averages and ...

Mortgage rates are barely above 2025 lows. According to Freddie Mac, the national average 30-year fixed mortgage this week is 6.22%. A year ago, it averaged 6.60%. The 15-year fixed rate is 5.54%. At this time last year, it averaged 5.84%. Current mortgage rates Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 6.06% 20-year fixed: 5.98% 15-year fixed: 5.49% 5/1 ARM: 6.23% 7/1 ARM: 6.37% 30-year VA: 5.54% 15-year VA: 5.19% 5/1 VA: 5.40% Remember, these ...