For Immediate Release

ALTA: Additional Fed Rate Cut Builds Momentum for Housing Affordability

Washington, D.C., October 29, 2025American Land Title Association (ALTA) CEO Chris Morton today provided the following statement on the Federal Reserve’s decision to cut its benchmark interest rate by 25 basis points: 

“ALTA applauds the Federal Reserve’s continued efforts to ease borrowing costs through another reduction in its benchmark rate. Lower interest rates are an important step toward addressing the housing affordability and accessibility barriers that Americans are facing today. We urge policymakers to build on this momentum and advance solutions that expand homeownership opportunities while maintaining the safeguards that secure the integrity of every real estate transaction.”

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About ALTA
The American Land Title Association, founded in 1907, is the national trade association representing more than 6,000 title insurance companies, title and settlement agents, independent abstracters, title searchers and real estate attorneys. 

Contact: Megan Hernandez
Office: 202-261-0315
Email: [email protected]