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
With Fixed Rates This Low, Who Needs ARMs?
Jan 30, 2009Adjustable-rate mortgages — or ARMs — used to be a popular product for refinancing: A borrower paying a high rate would trade in the remainder of a long-term fixed-rate mortgage for an ARM with a low introductory rate.
-
Fed’s Agency MBS Purchases Total $69.5 B
Jan 30, 2009 -
FOMC: Fed Funds Rate to Remain Low ‘For Some Time’
Jan 29, 2009 -
Talk of New Bank Bailout Tallies $2 Trillion
Jan 29, 2009 -
Mortgage Rates Virtually Unchanged
Jan 29, 2009 -
FDIC Proposes New Interest Rate Restrictions
Jan 27, 2009 -
‘Intense Recession’ Through Spring say Analysts
Jan 26, 2009 -
Freddie Seeks Treasury Aid, Fannie Cuts Jobs; Ginnie Bucks Trend?
Jan 26, 2009 -
Fed’s Agency MBS Purchases Total $52.6 Billion
Jan 23, 2009 -
Jobless Claims Climb 11.8 Percent to 589,000
Jan 23, 2009
