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
House set to pass $3 trillion relief bill as Fed chairman urges Congress to spend
May 13, 2020House Speaker Nancy Pelosi (D-CA) on Tuesday introduced a $3 trillion pandemic relief bill and on Wednesday she got assistance from an unlikely source: The chairman of the Federal Reserve.
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Does the rental market need its own Paycheck Protection Program?
Apr 30, 2020 -
Mortgage rate hits all-time low after Fed rescue
Apr 30, 2020 -
Fed is slowing the pace of mortgage purchases
Apr 29, 2020 -
Why is the Fed’s unlimited support essential to the mortgage industry?
Apr 28, 2020 -
How Fed Chairman Powell rescued the mortgage market
Apr 27, 2020 -
Average U.S. mortgage rate ticks up to 3.33%
Apr 23, 2020 -
The pressure to create a servicing liquidity facility heats up
Apr 16, 2020 -
Average mortgage rate is 3 basis points from all-time low
Apr 16, 2020 -
Appraisals take center stage in creating emergency relief
Apr 15, 2020 -
Banks will soon be able to postpone some appraisals until 120 days after a mortgage closes
Apr 14, 2020
