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NASDAQ:UWMC News 21 January 2026

Mortgage rates today tick higher near 6% as Treasury yields bite again and housing stocks slip

Mortgage rates today tick higher near 6% as Treasury yields bite again and housing stocks slip

New York, January 21, 2026, 06:55 (EST) — Premarket U.S. mortgage rates nudged up Wednesday morning, with the average 30-year fixed-rate mortgage hitting 6.07%, according to NerdWallet data sourced from Zillow. The annual percentage rate, which factors in lender fees and other costs, rose roughly four basis points to 6.09% from Tuesday. (NerdWallet) Timing is crucial. Rates hovered around 6%,…

Stock Market Today

  • Pegasystems (PEGA) Faces Share Price Drop Amid Valuation Debate
    January 21, 2026, 11:32 AM EST. Pegasystems (PEGA) shares declined 16.56% over one month, with year-to-date losses near 9%, despite a strong 3-year shareholder return of 167.16%. The stock trades at a 31.2 times price-to-earnings (P/E) ratio, slightly above its fair P/E of 29.1 and just below the U.S. software sector average of 31.6. Earnings growth prospects remain solid but not exceptional, positioning PEGA as marginally expensive against its fair value but cheaper than peers. A discounted cash flow (DCF) model suggests the stock could be undervalued by about 43.5%, raising questions on market sentiment and growth expectations. Investors should consider risks including revenue slowdowns and cooling sentiment in high-growth tech sectors when assessing potential entry points.
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