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
Fixed Mortgage Rates Rise for Second Straight Week
Sep 27, 2007Proving true numerous analysts who noted that the Fed’s decision last week to cut the federal funds target rate would be unlikely to drive mortgage rates lower, Freddie Mac’s weekly rate survey found that rates on 30-year fixed mortgages rose for the second straight week.
-
HUD Official: Mortgage Defaults Not ‘Drastically’ Increasing
Sep 24, 2007 -
Fed Drops Target Rate 50 Basis Points
Sep 18, 2007 -
Federal Banking Regulators Encourage ‘Proactive’ Loss Mitigation Strategies
Sep 04, 2007 -
Bernanke: No Such Thing as Containment, Fed Will ‘Do What is Needed’
Aug 31, 2007 -
Fed’s Concern Over Mortgage Markets Grows
Aug 29, 2007 -
The Borrower Bailout Fallacy: Why PIMCO’s Bill Gross is Flat-Out Wrong
Aug 25, 2007 -
Mortgage Rates Drop to Lowest Level in Three Months
Aug 23, 2007 -
A Recovery That Will Lead to Relapse: Why We’re Not Out of the Woods Yet
Aug 21, 2007 -
Weekend Mortgage Market Roundup, and My Own Thoughts on Where This is Headed
Aug 19, 2007 -
Countrywide Rallies on Rate Cut; Worried Depositors Pull Out Cash
Aug 17, 2007 -
Fed Cuts Discount Rate
Aug 17, 2007
