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 applications sink to 1995 levels as rates soar
Oct 18, 2023As the 30-year fixed mortgage rate increased for the sixth consecutive week to 7.70%, mortgage applications slumped, hitting their lowest level since 1995.
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Homebuilder sentiment falls again as mortgage rates climb toward 8%
Oct 17, 2023 -
Philly Fed President Harker: “We are at the point where we can hold rates”
Oct 16, 2023 -
Want off this mortgage rate roller coaster? Good luck
Oct 15, 2023 -
Core inflation makes the case for a Fed pause
Oct 12, 2023 -
Mortgage rates up to 7.57% this week on heels of strong jobs report: Freddie Mac
Oct 12, 2023 -
Inflation holds at 3.7%. Is it enough to dissuade the Fed from another rate hike?
Oct 12, 2023 -
Fed officials unanimous on maintaining restrictive policy until inflation cools
Oct 11, 2023 -
HousingWire Annual: Logan Mohtashami covers what’s happening with bonds, mortgage rates
Oct 10, 2023 -
MBA, NAR, NAHB call on the Fed to provide market certainty about its rate path
Oct 09, 2023 -
Fed must signal that it’s at the end of its rate hikes: MBA
Oct 06, 2023 -
Economy adds 336,000 jobs in September, a blow for housing
Oct 06, 2023
