2025

U.S. Mortgage Rates Continue Downward Trend

Coming in at 6.76 percent to kick off the month of May According to Freddie Mac's latest Primary Mortgage Market Survey (PMMS), the average rate for a 30-year fixed mortgage in the United States declined to 6.76% this week, marking a continued easing in borrowing costs. Sam Khater "Mortgage rates again declined this week," said Sam Khater, Chief Economist at Freddie Mac. "In recent weeks, rates for...

HomeServices of America announces more executive changes

Roughly two weeks after HomeServices of America announced that Chris Kelly was taking over as CEO from Gino Blefari, the firm is back with more C-suite changes. On Thursday, the firm announced the appointment of Alex Seavall to chief financial and operations officer, along with the appointment of Candace Adams as executive vice president of HomeServices of America, the role vacated by Kelly. Seavall...

4 charts that show why Florida’s housing markets are struggling

Florida’s housing markets were as hot as any after the COVID-19 pandemic began, but now they’re among the coldest. Stubbornly high mortgage rates, rapidly rising inventory and macroeconomic headwinds are impacting housing markets all over the country, but Florida is notable for both how far it’s fallen and how much it’s slumping. Here are four charts using Altos data that explain Florida’s...

Precision partners: How AI and human expertise are elevating lending excellence

Artificial intelligence has moved from a buzzword to boardroom priority in lending. After years of hype and speculation, we’re finally seeing real transformation in how loans are processed, underwritten, and serviced. What’s most fascinating isn’t just the technology itself but the emerging pattern of success: the institutions making the greatest strides aren’t those attempting to replace human...

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