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
Bankrate: Mortgage Rates Continue to Climb
Jan 25, 2007Mortgage rates increased again this week, with the average 30-year fixed rate rising to 6.32 percent. According to Bankrate.com’s weekly national survey of large lenders, the 30-year fixed rate mortgages had an average of 0.34 discount and origination points. The average 15-year fixed rate mortgage popular for refinancing inched to 6.07 percent, while on larger loans, the average jumbo 30-year fixed rate increased to 6.56 percent. Adjustable mortgage rates moved higher as well, with the average 5/1 ARM moving up to 6.21 percent and the average one-year ARM increasing to 6.04 percent.
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LoanPerformance Announces 2007 Symposium Series
Jan 24, 2007 -
Fed’s Poole: No Guarantee of Government Bailout if GSEs Fail
Jan 19, 2007 -
MBA: Temper Expectations for 2007
Jan 18, 2007 -
Rates Continue Upward Climb; Reach 10-week High
Jan 18, 2007 -
Alaska Legislators to Consider Refunding Interest on Mortgage Reserves
Jan 10, 2007 -
Federal Agencies Revise Guidance for Structured Finance Deals
Jan 05, 2007 -
Mortgage Rates Reach Seven-Week High
Jan 04, 2007 -
ARM Share Declines During 2006, Teaser Discounts Highest in Eight Years
Jan 03, 2007 -
What, Fed Worry?
Jan 03, 2007 -
Consumer Spending Drives Up Mortgage Rates
Dec 28, 2006 -
Fed Updates Handbook on Adjustable Rate Mortgages, Warns of New Risks
Dec 27, 2006
