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
5 reasons mortgage rates will rise in 2021
Sep 23, 2020Let me be contrarian: Get ready, because mortgage rates are going to rise next year. Now before you respond, just read the rest as to why.
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Homeowners experience significant equity gain in Q2
Sep 22, 2020 -
Judy Shelton, Trump’s Fed nominee, may lack Senate votes
Sep 17, 2020 -
This is why lawmakers are calling on Calabria to reconsider the adverse-market fee
Sep 17, 2020 -
Fed says expect low rates through 2023
Sep 16, 2020 -
Consumer borrowing regains pre-pandemic pace, Fed says
Sep 08, 2020 -
Average U.S. 30-year mortgage rate rises this week
Sep 03, 2020 -
First American’s Odeta Kushi on the economics of a pandemic
Sep 01, 2020 -
Fed’s new inflation policy may lead to higher mortgage rates
Aug 27, 2020 -
80% of economists see a chance of a double-dip recession
Aug 24, 2020 -
As pressure mounts, will the FHFA delay new refi fee?
Aug 24, 2020 -
Fed purchases of agency MBS total $892 billion
Aug 21, 2020