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
Banks Continue to Pull Back on Credit
Feb 03, 2009The latest data from the Federal Reserve, released late Tuesday, paints an interesting contradiction for residential real estate lending: banks are continuing to pull back on credit, despite infusions of fresh capital via the U.S. Treasury’s Capital Purchase Program. And loan officers suggested the demand for residential mortgages is waning, despite a veritable flood of interest in refinancing activity as of late among borrowers.
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Fed Taps JP Morgan As Custodian for MBS Purchase Program
Feb 03, 2009 -
Loan Loss Provisions Drive FirstFed’s $244.8 Million Q4 Loss
Feb 02, 2009 -
Secondary Markets Won’t Recover Until 2011, Insiders Say
Feb 02, 2009 -
With Fixed Rates This Low, Who Needs ARMs?
Jan 30, 2009 -
Fed’s Agency MBS Purchases Total $69.5 B
Jan 30, 2009 -
FOMC: Fed Funds Rate to Remain Low ‘For Some Time’
Jan 29, 2009 -
Talk of New Bank Bailout Tallies $2 Trillion
Jan 29, 2009 -
Mortgage Rates Virtually Unchanged
Jan 29, 2009
