Insurance Systems Incorporated

05/29/2026

Mortgage rates are on the rise 📈

The average 30-year fixed rate climbed to 6.65%, pushing overall mortgage applications down 8.5% last week. Refinance activity took the biggest hit, dropping 18% and now making up just 38% of applications, the lowest share in nearly a year. Buyer demand also softened slightly, though purchase applications are still 5% higher than this time last year.

As rates continue to climb, affordability pressures are growing, making both refinancing and homebuying more challenging.

Read Full Article ↙️

Mortgage rates rose to the highest level in nine months, hitting refinance demand hardest. Homebuyers also pulled back but were still more active than last year.

05/26/2026

🏁The countdown is on for Michigan Credit Union League's ACE26, and we are stoked! We’re looking forward to great conversations, new connections, and an amazing time.
Be sure to stop by and say hi to Jon!

05/25/2026

We’re so excited to be heading to the Carolinas Annual Meeting in Hilton Head, SC! 🎡
We always love the opportunity to connect with our amazing partners, meet new faces, and be part of such a great event. If you’ll be there, be sure to stop by and say hello to John!

05/20/2026

In observance of Memorial Day, our offices will be closed on Monday, May 25th, as we take time to honor and remember those who served.
We will be back and ready to assist you on Tuesday, May 26.
Wishing everyone a safe and meaningful holiday weekend!
❤️🤍💙

05/12/2026

ISI is excited to introduce our upcoming training sessions designed to support you and your team in today’s evolving lending environment!

Join us on May 19th - 10:00 AM or 3:00 PM (ET) to strengthen your understanding of the value of Guaranteed Asset Protection (GAP), along with complementary products like Warranty (VSC, MBI), Total Restart, and Auto Deductible Reimbursement (ADR) - and gain confidence presenting these solutions to your borrowers.

Each 30-minute session is packed with practical insights, proven best practices, and real-world scenarios - equipping your lending team with the tools to better engage borrowers and drive meaningful impact.

👉 Follow the link below to register!
https://forms.cloud.microsoft/r/5B6Zz9WDcz

05/07/2026

Auto loan delinquency rose in nearly every state from Q3 to Q4 2025, with the fastest increases in states like North Dakota, Idaho, and Hawaii, even though many still have lower overall delinquency levels. Meanwhile, states such as Mississippi and Louisiana continue to hold the highest total delinquency rates despite slower growth. The trend shows not just where delinquencies are highest, but where they are worsening the fastest, raising concerns for lenders as affordability pressures and borrower strain continue.

📰Full Article Here:
https://www.cutoday.info/site/Fresh-Today/Auto-Credit-Stress-Is-Spreading-New-Data-Shows-Delinquencies-Up-In-Almost-Every-State

05/04/2026

Our May ISI Newsletter is here! See what’s shaping the lending landscape, from shifting auto loan trends to evolving insurance challenges, along with industry events and partner highlights.

🚗 Rising negative equity continues to impact auto lending
🏡 Insurance costs are influencing homebuying decisions more than ever
📊 Market trends and economic signals to keep on your radar
🎉 Celebrating milestones and connecting with partners nationwide

👉 Dive into the full newsletter here:
https://www.insurancesystemsincorporated.com/post/may-2026-newsletter

04/30/2026

Homeowners insurance premiums have climbed 64 percent since 2021, with Newrez data showing the national average topping $2,600 and increasingly driving higher escrow payments and affordability pressure.

While premium growth is slowing and borrower performance remains stable, sharp regional differences mean insurance costs are now a significant factor in monthly payments and loan qualification.

Homeowners insurance premiums have surged 64% since 2021, pushing the national average above $2,600 annually, according to a new analysis from Newrez — a cost shock that is increasingly showing up in escrow payments and tightening borrower affordability, even as the pace of increases begins to coo...

04/28/2026

🎉Celebrating 15 years of partnership with Knoxville Teachers Federal Credit Union!

We are incredibly thankful for the opportunity to support your team and be part of your journey!

📸: (L-R) Mary Davis, ISI; David Underwood, CEO; Cheryl Norton, Loan Manager