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
Caliber Home Loans fires mortgage exec after Fed banned banker from industry
Sep 06, 2017On Tuesday, the Federal Reserve Board banned Daniel Brennan, a former executive at Regions Bank, from working at FDIC-insured banks for allegedly violating Regions’ standards. As HousingWire reported, Brennan’s employment at Regions ended in 2016, but HousingWire can now confirm that Brennan continued to work in the mortgage business, albeit for a different company.
-
Former Regions Bank exec banned from FDIC-insured banks for skirting mortgage rules
Sep 05, 2017 -
Monday Morning Cup of Coffee: MBA president calls for action on National Flood Insurance Program
Aug 21, 2017 -
Senate committee grills nominee for “most powerful position in banking”
Jul 28, 2017 -
Who’s the next Fed chair? Trump lists Cohn as possibility, but says Yellen could stay
Jul 26, 2017 -
TransUnion: December rate hike prevented 1 million Americans from paying their mortgage
Jul 20, 2017 -
Yellen: Two Treasury reforms could send economy into recession
Jul 13, 2017 -
YellenÕ testimony shows dovish approach toward federal funds rate
Jul 12, 2017 -
Fed Governor Powell: Here are 5 principles for housing finance reform
Jul 06, 2017 -
Fed fines Bank of New York Mellon for misstating capital for more than 3 years
Jun 27, 2017 -
Federal Reserve: All banks passed stress tests again
Jun 22, 2017 -
Economist: Fed rate increase doesn’t matter to housing market
Jun 14, 2017
