May 2026 Newsletter

Atlantic Avenue Mortgage May - Trimmed

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

As we continue through the second quarter of 2026, we are excited to celebrate the continued growth and momentum happening across Atlantic Avenue Mortgage. This year has already been marked by meaningful progress, not only through the expansion of our team with talented new hires, but also through our growing national footprint.

So far in 2026, AAM has added Rhode Island and Wisconsin to the list of states we are licensed in, allowing us to reach even more clients across the country. With more states on the horizon, we are thrilled for the opportunity to serve new communities and help more individuals and families achieve their financial goals and homeownership needs.

This growth reflects the strength of our team, the trust of our clients and partners, and our commitment to delivering a mortgage experience built on service, expertise, and care. As we expand, we remain focused on the same values that have guided us from the beginning: service, innovation, accountability, and being a leader in the industry; shaping the way towards helping people move towards brighter financial futures with confidence.

At Atlantic Avenue Mortgage, growth means more than numbers. It means creating new opportunities, building stronger relationships, and continuing to make a meaningful impact in the lives of the people we serve.

We are grateful for the momentum behind us, excited for what is ahead, and proud to have you along for the journey.

Map of States that Atlantic Avenue Mortgage is licensed in as of this articles post date

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 Andrew Harrell’s work with a client:

 

“I just refinanced my mortgage with Atlantic Avenue Mortgage and I could not be happier with the service I received from them. They made the process so much easier, answered every question I had, and guided me every step of the way. I recommend them to everyone who is planning a refinance or first mortgage.”

-Susana M.

Andrew, one of our Senior Loan Officers here at AAM, had the following to say about the role he played helping this client:

In your view, what are the most important factors in creating a smooth and positive borrower experience?

What stands out most is that she felt cared for and genuinely supported throughout the refinance process. Helping someone feel comfortable, informed, and confident during such an important financial decision is exactly the kind of experience I want to provide to every customer.

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

I always try to put myself in the borrower’s shoes and explain things in a way that feels clear and approachable. With this refinance, we spent time walking through how the reverse mortgage worked and what the refinance would accomplish so she felt informed and confident in her decisions.

Market Updates

Reverse Mortgages:

  • The March 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.
    • AAM outperformed national brands such as CrossCountry Mortgage and loanDepot in this same report.

Home Buyer Information:

  • 30 year mortgage interest rates are still hovering around 6.35%, but have seen a spike in recent weeks.1
  • First time home buyers accounted for more than half of all home purchases in March, the highest since June of 2020.2
  • Home prices have begun to increase again, with the annual growth rate accelerating to .9% in April.3
    • Although home values have begun accelerating in price growth, the growth rate is still historically low.

State of the Market:

  • The 10 year treasury yield has continued to increase since the start of the conflict in the middle east, and is above the 4.5 mark for the first time since May of 2025.
  • Kevin Warsh, the new Federal Reserve chair, is to be sworn in on the 22nd of May.
    • With inflation on the rise, changes to the Federal Funds Effective Rate are in question resulting in a volatile rate environment.

 

 

Sources

  1. 30-Year Fixed Rate Mortgage Average in the United States, Freddie Mac via FRED®
  2. ICE Mortgage Monitor Report, May 2026, p.12
  3. ICE Mortgage Monitor Report, May 2026, p.16

 

Written on May 22, 2026