June 2026 Newsletter

June Atlantic Avenue Mortgage Resized

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

This month, we are focusing on the stories that remind us why we do what we do. At Atlantic Avenue Mortgage, every client experience is an opportunity to live out our mission: We exist to improve our clients’ financial futures with the right loan, the right way, every time.

For many eligible homeowners, a reverse mortgage can be a powerful financial tool. It can help create greater flexibility, provide added peace of mind, and offer support during important life transitions. Just as important as the solution itself is the experience behind it. Clients deserve guidance that is clear, compassionate, and centered around what is best for them.

The commitment to service is reflected in every client interaction. Putting service first means taking the time to listen, understand each client’s unique situation, answer questions with care, and help them feel supported throughout the process. It means recognizing that behind every loan is a person, a family, and a story.

Each month, the reviews we highlight reflect the impact of that commitment. They serve as meaningful reminders that success is not only measured by a closed loan, but by the trust we build and the difference we make along the way.

We are proud to continue sharing these success stories and grateful for the opportunity to help more people move forward with confidence.

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 Griffin Bell’s work with a client:

“I just recently closed my reverse mortgage with Atlantic Avenue Mortgage. It is one of many times I have worked with mortgage companies throughout the years. This is the best experience I have thus far and it’s due to working with Griffin Bell. Throughout the loan process, Griffin would let me know what’s needed to be done, always prompt in getting back to me on my questions, and has been extremely helpful in talking through with me a very difficult situation I am in. His compassion and professionalism make this a memorable experience for me. I highly recommend Atlantic Avenue Mortgage.”

-Linda K.

Griffin, one of our Senior Loan Originators and Team Leads, had the following to say about the role he played helping this client:

How do you approach educating borrowers so they feel informed, comfortable, and empowered during the refinance or mortgage process?

Throughout the process, I regularly check in with clients to ensure they are following along and feel comfortable with each step. For example, when underwriting requests specific documentation, I do my best to explain why those documents are needed so the client understands the purpose behind the request.

What does “guiding the borrower every step of the way” look like in your day-to-day process?

To create a smoother experience, I make sure borrowers understand each step of the process upfront in simple, easy-to-understand terms. I also keep their ultimate goal in focus and remind them how each step helps them achieve that goal.

Market Updates

Reverse Mortgages:

  • The April FHA HECM Snapshot was released this past month and shows AAM as the top broker yet again, and the 4th overall originator based on units closed.

Home Buyer Information:

  • Interest rates have remained level since mid-May, holding around 6.5%.1
    • With an end in sight of the conflict in the Middle East, a drop in interest rates is becoming more likely.
  • Although rates remain above the year-to-date lows, the current rate environment is still significantly lower than most of 2025, and the peak of 7.5% in July of 2023.2
  • US home prices may be increasing, but at a rate slower than the historical average at roughly 1% year over year.3
    • On Average, home prices are increasing slowly, but regions like the Northeast and Mid-Atlantic is continuing to see annual growth over 5% while regions like Texas and Florida are seeing 1-2% declines.4

State of the Market:

  • In the June Fed Meeting, the Federal Funds Effective Rate was held steadily at 3.5% to 3.75%.5
  • Inflation has been on the rise since the start of the conflict in Iran.
    • The June Fed Meet report states “Inflation remains elevated relative to the Committee’s 2 percent goal, in part reflecting supply shocks that have driven price increases in certain sectors, including energy”.5

 

Sources

  1. 30-Year Fixed Rate Mortgage Average in the United States, Freddie Mac via FRED®
  2. 30-Year Fixed Rate Mortgage Average in the United States, Freddie Mac via FRED®
  3. ICE Mortgage Monitor Report, June 2026, p.13
  4. ICE Mortgage Monitor Report, June 2026, p.14
  5. Federal Reserve Issues FOMC Statement, June 2026

Written on Jun 19, 2026