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
Mortgage Rates Soar on Inflation Fears
Jul 24, 2008Concerns about inflation helped push mortgage rates near a one-year high, according to data released Thursday morning by Freddie Mac [stock FRE][/stock]. The average rate on a 30-year fixed rate mortgage rose 37 basis points to 6.63 percent with an average 0.6 point for the week ended July 24; 15-year fixed-rate mortgages saw average rates jump 40 basis points to 6.18 percent, Freddie said.
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Paulson: “Too Big to Fail” Part of the Problem
Jul 23, 2008 -
Fannie, Freddie Shares Saved by SEC Short-Selling Order?
Jul 23, 2008 -
Mortgage Rates Fall
Jul 17, 2008 -
Bernanke: Housing Continues to Weaken, Challenges Grow
Jul 15, 2008 -
Fannie, Freddie, Wachovia Lead Stock Market Down
Jul 15, 2008 -
Fannie, Freddie Resume Freefall in Pre-Market Trading
Jul 15, 2008 -
Fannie, Freddie See Rally Fizzle; Questions Linger On
Jul 14, 2008 -
Fed Revamps Truth in Lending; YSPs Spared
Jul 14, 2008 -
Fed, Treasury Look to Help Ailing Fannie, Freddie
Jul 13, 2008 -
GSE Shares, MBS Prices Ride Rollercoaster; Whither Thou, Discount Window?
Jul 11, 2008
