Federal Reserve
The Federal Reserve started a rate-cutting cycle on Sept. 18, 2025, lowering its benchmark interest rate by 50 basis points (bps) to a range of 4.75% to 5%. The cut was the first since March 2020 after the Fed raised interest rates to a 23-year high point to cool the economy and quell inflation. The Fed cut rates two more times in 2024, each by 25 basis points. It has not cut interest rates so far in 2025.
Latest Posts
Mortgage interest rates keep going down
Jul 19, 2012Interest rates continued dropping last week, creating a housing market where buyers searching for cheap credit can find plenty of it.The 30-year, fixed-rate mortgage averaged 3.53%,…
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No better or worse: Mortgage borrowers falling behind flattens out
Jul 17, 2012 -
Bernanke: Congressional action helps avoid future economic stimulus
Jul 17, 2012 -
Reminder: Half the nation’s housing is still losing value
Jul 17, 2012 -
AIG gets back $5 billion contribution to Maiden Lane III
Jul 16, 2012 -
Monday Morning Cup of Coffee: HARP 2.0 boom slowing
Jul 15, 2012 -
Some Fed members lean toward more stimulus
Jul 11, 2012 -
OCC warns of rising HELOC risks
Jul 05, 2012 -
Feds release living wills for 9 largest banks
Jul 03, 2012 -
The stiff arm of Dodd-Frank
Jul 03, 2012 -
Growing threat? Lenders say putback threat intensifying
Jul 03, 2012