Mortgage Rates Drop Below 6% for the First Time in 3.5 Years

Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 5.98%. “For the first time in three and a half years, the 30-year fixed-rate mortgage dropped into the 5% range, falling even lower than last week's milestone

Why this apartment developer is deploying $1 billion of new capital toward older buildings

Toby Bozzuto, CEO of Bozzuto Group, calls the oversupply in multifamily real estate "temporary."

There Are Conditions, And Then There Are Conditions

In all my years in the mortgage industry, and there are a lot of them, I don’t recall a single loan application I submitted to underwriting that didn’t come back with approval ‘conditions.’ What exactly does the term mean? Essentially, it means the loan may be approved based upon certain conditions.

AI in Practice

America Answers: No Agent Left Behind AI in Practice I am an early adopter of Artificial Intelligence. I started using it when I was getting divorced; I used Anthropic’s Claude and Google Gemini to help me decipher and respond to legal documents. I used AI to help me put together a policy and best p