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 Drop to Lowest Level in Three Months
Aug 23, 2007Freddie Mac’s market rate survey is out today, and it shows that 30-year fixed-rate mortgages averaged 6.52 percent with an average of 0.4 point for the week ending August 23, 2007, down from last week when it averaged 6.62 percent. One year ago, the 30-year fixed rate averaged 6.48 percent, the GSE reported. Other rate information:
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A Recovery That Will Lead to Relapse: Why We’re Not Out of the Woods Yet
Aug 21, 2007 -
Weekend Mortgage Market Roundup, and My Own Thoughts on Where This is Headed
Aug 19, 2007 -
Countrywide Rallies on Rate Cut; Worried Depositors Pull Out Cash
Aug 17, 2007 -
Fed Cuts Discount Rate
Aug 17, 2007 -
MBA Encourages Fed to Use HOEPA Authority “Surgically and in a Targeted Manner”
Aug 16, 2007 -
Federal Reserve Steps In; $62 Billion in Liquidity Added in Past Two Days
Aug 10, 2007 -
Countrywide’s Move to Thrift Underscores Expected Impact of Industry Regulation
Aug 01, 2007 -
Countrywide’s ‘Prime’ Disclosure, Time to Get Nervous?
Jul 24, 2007 -
Federal Regulators Release Final Subprime Guidance; An Unlevel Playing Field?
Jun 29, 2007 -
The SF Fed: Exploring the Vast Expanse of The Already Known
Jun 12, 2007
