The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances decreased from 6.25% the week ending Jan. 2 to 6.18% last week.

The shift in credit scores was driven by refinance activity.

Ginnie President Joe Gormley said the update allows for greater efficiencies and cost savings, and will make the agency’s digital collateral program more attractive to new issuers.

Issuers of non-agency MBS are in the market with expanded-credit, prime and closed-end second offerings.

The combined entity of Rocket and Mr. Cooper overtook UWM for GSE loan sales in 2025.

The promised of increased MBS purchases by Fannie and Freddie is already having an effect on mortgage interest rates.

The directive will make the GSEs "noneconomic" buyers of agency MBS.

Issuance of agency mortgage-backed securities increased by 10.8% on an annual basis to $1.235 trillion in 2025.

Some $8.65 billion of single-family rental securitizations were issued in 2025.

United Wholesale Mortgage issued $145.24 billion of agency MBS in 2025.