PBM MORTGAGE INSIGHTS

We've reached the mid-point of the year, making it the perfect time to take a closer look at today's housing market and where things may be headed. While market conditions continue to evolve, there are encouraging signs for both buyers and current homeowners. The Rate Reality Rate news is mixed. As of June 25, 2026, Freddie Mac reported a 30-year fixed mortgage average of 6.49%. While this is higher than the historically low rates experienced in the early 2020s, it is lower t

The 21st Century ROAD to Housing Act became law on July 10th, and while it is expected to impact housing affordability nationwide, many of its benefits will take time to be felt. Some changes will happen sooner, while others will require additional implementation before they can make a meaningful difference for homebuyers. Below are three areas expected to directly impact buyers: 1. Institutional Buyer Ban One of the most notable provisions is an institutional buyer ban. Inve

For years, both homebuyers and mortgage professionals have dealt with one of the industry’s most frustrating practices: trigger leads . As soon as a borrower applied for a mortgage and their credit was pulled, credit reporting agencies could sell that information to other lenders and third-party companies. Within hours, borrowers often received a flood of unsolicited calls, texts, and emails from companies they had never contacted—creating confusion and frustration during an

After years of low housing supply and fierce competition, the 2025 housing market is finally shifting in some markets—and in favor of buyers. National active inventory is up 28.5% year-over-year as of March 31, 2025, offering a welcome surge in available homes. And by the end of this year, nearly half of U.S. metro areas could see inventory levels rise above pre-pandemic 2019 levels. At Presidential Bank Mortgage, we see this as a turning point—and a golden opportunity for bu

As we enter 2025, the mortgage market continues to evolve, presenting both opportunities and challenges for homebuyers and homeowners. Let’s explore the key trends and predictions for the year ahead. Interest Rate Forecast After years of fluctuations, 2025 is poised to bring more stability to mortgage interest rates. While predictions vary slightly among experts, the consensus points to rates remaining above 6% for most of the year: The Mortgage Bankers Association projects r

As anticipated, the Federal Reserve has chosen to maintain its current policy rates during its latest meeting.