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 rates collapse on softer inflation data
Nov 10, 2022With the CPI inflation report being positive, the 10-year yield fell noticeably, and mortgage rates will fall with that.
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Inflation has slowed down, but it may not stop future rate hikes
Nov 10, 2022 -
Logan Mohtashami on purchase applications being below 2008 levels
Nov 10, 2022 -
“Last night, my Uber driver was a loan officer.”
Nov 09, 2022 -
Flagstar’s $2.6B merger with NYCB receives Fed blessing
Nov 08, 2022 -
Logan Mohtashami on the Fed’s unemployment target
Nov 07, 2022 -
The honey badger labor market will still bite housing
Nov 04, 2022 -
Logan Mohtashami on why the Fed is using housing as a sacrificial lamb
Nov 03, 2022 -
Why industry experts don’t expect mortgage rates to fall
Nov 02, 2022 -
Fed delivers another 75 bps rate hike
Nov 02, 2022 -
What happens after the Fed’s rate hike?
Oct 31, 2022 -
Sluggish Flagstar, NYCB merger deal clears major hurdle
Oct 28, 2022
