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
LIBOR trial convictions in U.S. have now been overturned
Jan 27, 2022All convictions reached in the U.S. related to the manipulation of the LIBOR rate index have now been overturned according to the Wall Street Journal.
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Mortgage rates fall slowly after a month-long rise
Jan 27, 2022 -
FOMC indicates taper end in March, rate hike soon
Jan 26, 2022 -
Headwinds confronting the mortgage industry in 2022
Dec 17, 2021 -
Federal Reserve accelerates tapering program
Dec 15, 2021 -
Logan Mohtashami talks housing supply and inflation growth
Dec 13, 2021 -
Fed pulling back from the MBS market cautiously
Dec 07, 2021 -
Logan Mohtashami on jobs data and the bond market
Dec 06, 2021 -
WSJ: Biden Eyes Cordray for Top Fed Banking Regulator Post
Nov 30, 2021 -
Second term for Powell, Brainard to be Fed vice chair
Nov 22, 2021 -
Mortgage rates decline to 3.09%
Nov 04, 2021 -
As rate hikes loom, UWM rolls out jumbo ARMs
Nov 03, 2021