公司评级与目标价 - Jefferies于12月19日首次覆盖UWM Holdings Corporation 给予“持有”评级 目标价定为5美元 [1] - Keefe, Bruyette & Woods (KBW)于12月18日将公司目标价从6.50美元上调至6.75美元 维持“与市场持平”评级 [3] 行业前景与公司定位 - 根据房利美预测 Jefferies预计抵押贷款发放总额将在2026年增至2.3万亿美元 2027年增至2.5万亿美元 [2] - 公司是United Wholesale Mortgage的间接母公司 后者是美国最大的批发抵押贷款机构 [4] - 公司结构良好 随着下一个抵押贷款周期的临近 拥有强大的运营杠杆 [1] 公司增长潜力与驱动因素 - Jefferies认为公司具有长期增长潜力 [2] - 增长驱动因素包括：不断增长的经纪人渠道、预计到2027年通过服务内包实现的成本节约、以及有助于提高贷款发放量和销售利润率的AI赋能流程 [2] 当前股价评估 - Jefferies认为当前股价已反映了风险回报的平衡 [1] - 当前股价已反映了“中期复苏叙事中的很大一部分” [3]

TORONTO, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Real Matters Inc. (“Real Matters”), a leading network management services provider for the mortgage lending and insurance industries, will announce its first quarter fiscal 2026 financial results via news release on Thursday, January 29, 2026, before market open. Conference Call and WebcastA conference call to review the results will take place at 10:00 a.m. (ET) on Thursday, January 29, 2026, hosted by Chief Executive Officer Brian Lang and Chief Financial Officer ...

Mortgage rates today remain within a narrow range, as they have for weeks. According to Zillow, the average 30-year rate is 6.04%. The 15-year average rate is 5.41%. Yahoo Finance has been tracking 30-year rates moving lower and lingering just above and below 6% with our weekly survey of lenders with the best mortgage rates. One of our top-five-ranked lenders has a loan rate as low as 5.5%. Today's mortgage rates Here are the current mortgage rates, according to our latest Zillow data: 30-year fixed: ...

Shares in WD took a hit recently (the stock is down 27% in the last three months), as fears of fraudulent loan activity have resurfaced. The fears revolve around fraudulent loans originated during the COVID pandemic period, when some loans were made based on fraudulent borrower documentation. There is now some worry that the company will be required to repurchase these loans. We should note that company management has indicated that these issues are not unique to WD, and that, since the COVID period, underw ...

TORONTO, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Real Matters Inc. (“Real Matters”), a leading network management services provider for the mortgage lending and insurance industries, will be holding its Annual and Special Meeting (the “Meeting”) on Thursday, February 5, 2026 at 10:00 a.m. (Eastern Standard Time). The Meeting will be conducted online only, via audio webcast at: www.virtualshareholdermeeting.com/realmatters2026. Registered and non-registered shareholders entitled to vote at the Meeting may vote by ...

Mortgage rates are barely above 6%, but some lenders are already offering home loans in the mid-5% range. According to Zillow data, the 30-year fixed mortgage rate is 6.01%, and the 15-year fixed rate is 5.44%. Current mortgage rates Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 6.01% 20-year fixed: 5.95% 15-year fixed: 5.44% 5/1 ARM: 6.23% 7/1 ARM: 6.51% 30-year VA: 5.52% 15-year VA: 5.14% 5/1 VA: 5.22% Remember, these are the national averages and ...

National average mortgage rates basically unchanged from last weekend. According to Zillow, the average 30-year fixed mortgage rate is 6.01%, and the 15-year fixed rate is 5.44%. It has been an extended period of very calm mortgage rates. Current mortgage rates Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 6.01% 20-year fixed: 5.95% 15-year fixed: 5.44% 5/1 ARM: 6.23% 7/1 ARM: 6.51% 30-year VA: 5.52% 15-year VA: 5.14% 5/1 VA: 5.22% Remember, these a ...

核心观点 - 美国住房抵押贷款市场正在缓慢解除由超低利率造成的“锁定效应” 低于3%的存量抵押贷款占比持续下降 但仍有超过一半的存量贷款利率低于4% 这曾严重扭曲住房市场 导致房价飙升和市场活动冻结 [1][2][5][20][21][27] 存量抵押贷款结构变化 - **低于3%的抵押贷款占比**：在2023年第三季度 占比降至20.0% 为2021年第一季度以来最低 较2022年第一季度24.6%的峰值显著下降 [1] - **3%至3.99%的抵押贷款占比**：在2023年第三季度降至31.5% 为2019年第二、三季度以来最低 也是2016年第二季度以来的最低水平 [2] - **低于4%的抵押贷款总占比**：在2023年第三季度降至51.5% 为2020年第四季度以来最低 而在2022年第一季度峰值时 该比例超过65% [5][6] - **4.0%至4.99%的抵押贷款占比**：在2023年第三季度降至17.1% 为FHFA自2013年有数据以来的最低水平 较2019年40%的峰值大幅下降 [12] - **5.0%至5.99%的抵押贷款占比**：在2023年至2025年间保持大致稳定 在存量贷款中占比接近10% [16] - **6%及以上的抵押贷款占比**：在2023年第三季度升至21.2% 为2015年第三季度以来最高 较2022年第二季度7.3%的低点大幅上升 [17] 市场动态与历史背景 - **超低利率的成因**：2020年初至2022年第一季度 美联储通过数万亿美元的资产购买（包括抵押贷款支持证券）和零利率政策 人为压低利率 引发了房主再融资以获取超低利率的浪潮 [2] - **再融资行为分析**：在2020-2022年间 大量房主通过再融资将贷款置换到更低的利率区间 部分房主从4%-5%的区间置换到更低利率 另一些信用评分较低的房主则从6%或7%的高利率再融资至4%-5%的区间 [12][13][14] - **可调整利率抵押贷款(ARM)情况**：ARM占比自2021年以来一直处于低位 并在2023年第三季度降至4.0% 远低于2013年超过10%的水平 部分ARM在2020年前利率已低于3% [8] - **ARM支付冲击**：在2022年利率开始上升时 那些在低利率时期办理ARM的房主经历了月供激增的“支付冲击” 但该阶段目前已基本结束 [9] “锁定效应”及其影响 - **“锁定效应”定义**：超低利率抵押贷款（尤其是低于3%的）在通胀环境下相当于“免费资金” 这导致拥有此类贷款的房主不愿出售房产 因为他们不想以更高的利率为更昂贵的房屋融资 [20][21] - **对行业的影响**：这种“锁定效应”严重打击了房地产经纪人、抵押贷款经纪人和贷款机构 导致交易量和抵押贷款发放量骤降 佣金和费用收入大幅减少 引发了自2021年底以来的大规模裁员和自愿离职潮 [22] - **市场的缓慢解冻**：尽管存在“锁定效应” 但生活变化（如新工作、离婚、家庭人口增减、死亡等）迫使部分房主最终出售房屋并清偿这些超低利率贷款 使得其占比缓慢下降 市场逐渐解冻 [5][25] 历史极端情况 - **负实际抵押贷款利率**：在2021年初至2022年间 平均30年期固定抵押贷款利率低于CPI通胀率 形成负的“实际”抵押贷款利率 在美联储政策最激进的时期 实际抵押利率比CPI低4个百分点 当时平均30年期固定利率低于3% 而CPI通胀率超过7% [26] - **对住房市场的破坏**：这些负的实际抵押贷款利率通过历史性的房价爆炸性上涨（目前在许多市场正在回调）破坏了住房市场 [27]

Going into 2026, one question remains top of mind for homebuyers: What credit score do I need to secure the best mortgage rate? According to industry experts and recent data, the short answer might be higher than many expect, but it depends heavily on other financial factors too. Why Credit Score Matters — But Isn’t Everything Lisa Wheeler, Senior Home Loan Specialist at Churchill Mortgage, emphasizes that identifying the “best” mortgage rate isn’t as straightforward as picking a number. There are at lea ...

行业动态：抵押贷款利率趋势 - 抵押贷款利率正在下降 这得益于美联储近期的几次降息 并且未来几个月可能进一步走低[1] 行业常见误区解析 - 误区一：贷款预审与预先批准相同 实际上预审申请未经承销审核 而预先批准则已提交并获批准 后者能极大简化流程[2] - 专家建议 能够获得预先批准是最佳选择[3] - 误区二：需要极佳的信用评分才能获得贷款 虽然800分或以上有助于获得最佳条款 但并非硬性要求 评分低于579通常难以获批 但高于此分数则有可能[4] - 2025年贷款机构更关注“整体财务健康状况 而不仅仅是信用评分”[5] - 误区三：应始终选择30年期固定利率抵押贷款 对于追求低月供者是良好选择 但若想更快还清贷款或寻求最优利率 则并非最佳选项[6] - 误区四：需要支付20%的首付款 这是一个普遍误解 实际上多数常规贷款允许低至3%至5%的首付 坚持存够20%可能导致在佛罗里达和德州等地完全错失购房机会 同时租金上涨且无法积累资产净值[7][8] - 支付20%首付的主要优势在于可避免私人抵押贷款保险[7]