The RISMedia article “Mixed Mortgage Message: Prepayments Tick Up on Refi Rush While FHA Foreclosure Activity Surges” describes a housing market sending mixed signals. Falling mortgage rates late in 2025 led many homeowners to refinance, pushing mortgage prepayment rates higher, while foreclosure activity—especially among FHA borrowers—has increased as some households continue to face financial strain. Mortgage expert Jen Poniatowski noted that borrowers are becoming more thoughtful about refinancing decisions, explaining that “what we’re seeing now is borrowers becoming more strategic.” She also emphasized that waiting for a perfect scenario isn’t always necessary, adding that “a refinance doesn’t have to be perfect to be meaningful; it just has to move the needle in the right direction.”