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
FDIC sues 12 banks over mortgage bonds sold to Colonial
Aug 10, 2012The Federal Deposit Insurance Corp. sued 12 major banks Friday for selling allegedly faulty mortgage bonds to defunct Colonial Bank.Montgomery, Ala.-based Colonial failed in August 2009…
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Mortgage reform deadlines loom
Aug 10, 2012 -
Federal Reserve fines MetLife $3.2 million for foreclosure problems
Aug 07, 2012 -
Four ‘troubled’ FHLBanks nearly quadruple 2Q earnings
Aug 06, 2012 -
Bernanke becomes a money shrink
Aug 06, 2012 -
Fed to keep interest rates low through 2014
Aug 01, 2012 -
Merkley refi plan could reach 75% of private underwater mortgages
Jul 31, 2012 -
CFPB considers easing rules on mortgage LO compensation
Jul 30, 2012 -
Mortgage bond investors doubtful house prices leveled
Jul 30, 2012
