April 2026 Newsletter

April Newlsetter Atlantic Avenue Mortgage - Resized

Welcome to the April edition of the Atlantic Avenue Mortgage Monthly Newsletter!

As we move into the second quarter of 2026, we’re proud to reflect on the momentum we’ve built so far this year. The first quarter has been defined by strong performance, continued market expansion, and the collective effort of a team committed to raising the standard in everything we do. From increased production to enhanced client experiences, our results are a direct reflection of the people behind AAM and the culture we’ve built together.

Our growth isn’t slowing down. This first quarter marked our largest employee growth, with hiring initiatives in both our Florida headquarters and our Maryland office. As we scale, we remain focused on bringing in driven, collaborative individuals who want to be part of a company that values innovation, accountability, and long-term success.

At Atlantic Avenue Mortgage, we believe this is more than just a place to work. AAM is a place to grow. With a culture rooted in development, opportunity, and support, we’re committed to helping our team members build meaningful, successful careers.

If you’re interested in joining a company that’s redefining the mortgage experience, we encourage you to explore open opportunities on our website and follow us on LinkedIn to stay up to date on new roles and company updates.

We are excited for what’s ahead and grateful to have you along for the journey!

Word on the Street

We’re pleased to share a recent client review that highlights what we aim to deliver in every interaction: clear guidance, responsive communication, and a steady commitment to service. Client feedback matters to us because it reflects the real experience of the individuals and families we support. Here is a review recently shared about Joe Stanton’s work with a client:

“From start to finish, Joseph Stanton exceeded in ALL aspects of customer service explaining and guiding me through the new government FHA Reverse Mortgage program for persons 62+ years old. My initial contact with Joe was triggered upon receiving a mail notification briefly highlighting the program, which I shared with my partner who is savvy in the ways of business and finance. Together, as we dug deep into all aspects of the program, Hoe demonstrated his acute knowledge in response to all our questions. He exhibited [patience, responsiveness to our interests and concerns, and amicable professionalism. In short, Joe is an asset to Atlantic Avenue Mortgage, and if I were able to, he would rank 6 stars across the board! Many thanks to  you, Joe, for everything!”

-Patricia D.

Joe, one of our Assistant Vice Presidents here at AAM, had the following to say about the role he played helping this client:

How do you make sure clients feel heard and informed throughout the loan process?

For me, the key has always been a process centered around consistent and open communication. This is a big decision for the client and keeping them informed throughout the process allows them to voice concerns and feel confident when we get to the finish line.

How do you approach conversations when multiple decision-makers are involved?

In order to approach a process with multiple decision-makers involved, it is vital to create a positive relationship with all parties. This was a perfect example as both parties had vastly different goals regarding the program. By speaking with everyone involved and learning more about their motivations, I was able to structure a program that benefited everyone equally and could relate the details of each part of the program to help them accomplish their objectives.

What motivates you most about helping clients navigate programs like this?

Usually when a client calls into our company, they are skeptical about how the program can work for them. Being able to guide them through the process and seeing it click in their minds is a wonderful feeling. These are life changing products, and the feeling of getting them to the finish line is motivation to help all the future clients that contact AAM.

Market Updates

Reverse Mortgages:

  • Interest rates have dropped from the previous highs in March, and have eased to levels that are lower than this time last year.1

Home Buyer Information:

  • Markets that previously saw large population growth and tight home inventories are beginning to see relief.
    • Metros such as Austin, Denver, and Tampa are examples of areas with double digit housing surpluses.2
  • 99 out of the 100 largest US markets are more affordable than they were a year ago.
    • However, only 9 of the 100 are more affordable than their historical benchmarks when comparing payment to income ratio.3

State of the Market:

  • The current Fed Chair, Jerome Powell, term is slated to end next month on May 15th.
    • Powell’s time at the Federal Reserve is not over, with his term as governor extending until 2028.
  • While many markets are beginning to see relief from previous highs, the Northeast maintains strong home values mostly due to low inventory.4
  • Oil prices remain high with the continuation of the conflict in Iran and the blockage of the Strait of Hormuz.
    • The average price per gallon is hovering around $4 as of April 2026, the highest it has been since the summer of 2023.5

Sources

  1. 30-Year Fixed Rate Mortgage Average in the United States, Freddie Mac via FRED®
  2. ICE Mortgage Monitor Report, April 2026, p.129ICE Mortgage Monitor Report, April 2026, p.12
  3. ICE Mortgage Monitor Report, April 2026, p.129ICE Mortgage Monitor Report, April 2026, p.9
  4. ICE Mortgage Monitor Report, April 2026, p.129ICE Mortgage Monitor Report, April 2026, p.16
  5. Average Price: Gasoline, Unleaded Regular in US City Average, U.S. Bureau of Labor Statistics via FRED®

Written on Apr 22, 2026