Mortgage rates remain close to 2022 lows. According to the Zillow lender marketplace, the current 30-year fixed rate is 5.81%, just seven basis points up from last Thursday's multi-year low. The 15-year fixed rate is down five basis points to 5.32%, which is its new low in more than three years. Today's mortgage rates Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 5.81% 20-year fixed: 5.76% 15-year fixed: 5.32% 5/1 ARM: 5.82% 7/1 ARM: 5.88% 30-year VA: 5. ...

UWM Holdings Corporation (NYSE:UWMC) is one of the 12 Best Stocks Under $10 to Invest In Right Now. On February 25, Jefferies reduced its price target on UWM Holdings Corporation (NYSE:UWMC) from $5 to $4.40 and kept its Hold rating. This decision came after the company reported Q4 2025 earnings and gave Q1 2026 revenue guidance of $650 million to $850 million, which reset near-term expectations and led to volatility. Jefferies noted that management reaffirmed confidence in current wholesale pricing trend ...

(Bloomberg) -- Some creditors of Market Financial Solutions Ltd., the failed UK mortgage firm backed by Wall Street lenders, warned there may be a £930 million ($1.3 billion) shortfall in collateral backing their loans. Zircon Bridging Ltd. and Amber Bridging Ltd., the companies that forced MFS into a UK form of insolvency this week, accused the London-based firm of using the same assets as collateral for multiple loans. This practice, known as double pledging, may have led to an “unaccounted-for deficiency ...

Historically, if you wanted a mortgage, your first stop was likely at a bank or a local credit union. But in recent years, you’re more likely to have borrowed from a specialized mortgage company that isn’t a bank at all, like CrossCountry Mortgage, Rocket, or loanDepot. The Federal Reserve would like to change that. It’s considering tweaking the rules designed to incentivize banks to lend more and stay involved in mortgage servicing, the long-term administrative process of collecting and distributing paym ...

Key Takeaways Cash-out refinancing can lower your interest costs, but it turns unsecured debt into a loan backed by your house—miss payments, and you could face foreclosure. Credit scores tend to jump after a cash-out refi, though credit card balances often creep back up within a year. If you’ve ever looked at your credit card statement and then at your home’s equity, you’ve probably wondered if a refinance could help you pay off your credit card debt. That's what many homeowners are doing, accordin ...

Barclays Gets Splashed By a UK Credit Blowup - Moby THE GIST Barclays just got dragged into an ugly U.K. mortgage finance collapse that is starting to smell like a private credit problem, not a one-off accident. The market’s not pricing in a new crisis, but it is remembering how these movies start. WHAT HAPPENED Barclays shares fell after reports linked the bank to potential losses tied to the collapse of Market Financial Solutions, a London-based specialist mortgage lender that has entered a UK insolven ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Rocket Mortgage has taken its fully online playbook and applied it to home equity, offering a fixed‑rate second mortgage for homeowners who want cash without touching a low‑rate first mortgage. If you have strong credit and need a larger lump sum, Rocket's home equity loan can be a compelling way to unlock up to 90% of your home's value. Key Features at a Glance Fixed‑rate second mortgage with predictab ...

Core Insights - The average rate on the 30-year fixed mortgage in the U.S. has dipped below 6% for the first time in three-and-a-half years, providing a psychological boost to the housing market, which has been struggling with high borrowing costs and limited supply [12] - Economists caution that the recent decline in mortgage rates may be temporary, driven by volatility in bond markets rather than a significant change in economic fundamentals [12][10] - A shortage of housing inventory remains a critical issue, with millions of homeowners locked into lower mortgage rates, creating a "rate-lock" effect that discourages selling [5][12] Housing Market Dynamics - Home prices rose by 1.8% in the 12 months through December, following a 2.1% increase in November, indicating moderated price growth but ongoing affordability challenges [5][12] - The Trump administration's initiative to purchase $200 billion in mortgage bonds aims to lower borrowing costs, but economists are skeptical about its effectiveness without an increase in housing supply [6][12] - Federal Reserve minutes indicate that the bond-buying initiative led to a decline in mortgage-backed securities yields, but refinancing activity is unlikely to surge due to current mortgage rates being above the weighted average of outstanding loans [7][12] Market Implications - The decline in mortgage rates could support shares of homebuilders, banks, and consumer discretionary companies linked to housing demand, as housing is closely tied to broader economic activity [10][12] - Falling Treasury yields may benefit growth-oriented sectors in the U.S. stock market, as lower yields reduce discount rates used in equity valuations [10][12] - Despite the potential for increased buyer confidence with rates below 6%, analysts emphasize that life events often drive housing decisions more than marginal rate changes, and without a significant rise in listings, lower rates may not lead to a broad housing revival [9][12]

Vancouver, British Columbia--(Newsfile Corp. - February 26, 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, is pleased to announce that it has amended and extended its credit facilities with The Toronto-Dominion Bank effective February 26, 2026. The maturity date for the credit facilities has been extended from February 18, 2030 to February 26, 2031.The amended credi ...

Toronto, Ontario--(Newsfile Corp. - February 26, 2026) - Atrium Mortgage Investment Corporation (TSX: AI) (TSX: AI.DB.F) (TSX: AI.DB.G) today released its financial results for the year ended December 31, 2025.2025 HighlightsAnnual net income of $49.1 million, compared to $47.9 million in the prior yearAnnual basic and diluted earnings per share of $1.03Special dividend of $0.10 per share to shareholders of record on December 31, 2025 to be paid on March 25, 2026Mortgage portfolio of $917.1 millionWell-sec ...