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
Fed’s Krozner: Mortgage Markets Need Greater Standardization
Apr 21, 2008Federal Reserve Board Governor Randall Kroszner said on Monday that “a lack of information and insufficient due diligence” were at the root of the U.S. subprime mortgage-backed securities debacle, and suggested that greater standardization would likely be the key to reviving a secondary market that have been stuck in the deep freeze since late last year.
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Fixed Mortgage Rates Hold Steady
Apr 17, 2008 -
Fed: Residential Housing ‘Anemic’
Apr 16, 2008 -
Feds Roll Out Dynamic Subprime, Alt-A Mortgage Maps
Apr 02, 2008 -
The Waiting Game: Jumbo Spreads Stay Wide
Apr 01, 2008 -
Paulson Changes the Game, Proposes Sweeping Financial and Mortgage Reform
Mar 31, 2008 -
FDIC Steps in on Fremont, Again; Gives Bank 60 Days to Capitalize
Mar 28, 2008 -
Surprise! Mortgage Rates Hold Steady
Mar 27, 2008 -
Mortgage Applications Shoot Upward as Refis Rebound Strongly
Mar 26, 2008 -
Falling Rates Help Borrowers, But For How Long?
Mar 25, 2008 -
Clinton: Get Greenspan Working on this Mess, Stat
Mar 24, 2008
