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 cool again ahead of the Fed’s December meeting
Dec 10, 2024Mortgage rates are declining and could drop more by the end of the year, depending on what happens after next week’s Federal Reserve meeting.
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Mortgage rates fall on jobs week data
Dec 06, 2024 -
November jobs report shows a still-strong labor market
Dec 06, 2024 -
Trump, Republicans may not be unified on how to change the Fed
Dec 05, 2024 -
Regulatory agencies issue statement on elder financial exploitation
Dec 04, 2024 -
Small drop in mortgage rates a good sign for December
Dec 03, 2024 -
Mortgage rates are back above 7%. Is there relief in sight?
Nov 26, 2024 -
Mortgage rates remain elevated post-election
Nov 19, 2024 -
Mortgage rates jump to 7% as Powell demurs on quick rate cuts
Nov 15, 2024 -
Real estate industry challenges, change and what to watch in 2025
Nov 11, 2024 -
Logan Mohtashami: After the election, does the Fed finally care about housing?
Nov 11, 2024 -
Fed cuts interest rates by 25 bps, but Trump’s victory sows doubts on future moves
Nov 07, 2024
