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Mortgage Mix: Rate Lock-In Effect Might Be Sunsetting
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. – Mortgage rates have, as of the week of January 12, 2026, hit their lowest level in over 3 years: the 30-year fixed rate mortgage came in at an average of 6.06% while the…
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Report: Affordability Expected to Improve for Major Markets
As mortgage rates have hit their lowest level in over three years, expectations of reaching a more affordable market in 2026 have grown dramatically. On this optimistic track, a new Zillow analysis states that mortgage payments should be affordable by year’s end for several major markets, the most since 2022. In the case of the…
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Long Island attorney accused of gambling away $750K earmarked for his client’s home purchase
Builder Sentiment Slips as Affordability Challenges Persist Into 2026
Builder confidence in the new single-family home market declined at the start of 2026, as persistent affordability concerns continue to dampen buyer enthusiasm despite some positive movement in mortgage rates. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) fell two points, to 37, in January, reflecting ongoing challenges in the lower…
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