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 change little ahead of big inflation report
Apr 09, 2024Mortgage rates remained unchanged last week despite the release of the stronger-than-expected jobs report. HousingWire’s Mortgage Rates Center showed the average 30-year fixed rate for conventional loans at 7.16% on Tuesday, unchanged from one week earlier. At the same time one year ago, the 30-year fixed rate averaged 6.46%. Meanwhile, the 15-year fixed rate averaged […]
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The labor report gives the Fed a clear pathway to land the plane
Apr 05, 2024 -
What another strong jobs report means for the mortgage industry
Apr 05, 2024 -
Federal agency members voice support for new CRA rules
Apr 04, 2024 -
Barr: Fed is taking ‘thoughtful approach’ to Basel III rules
Apr 04, 2024 -
Judge sides with trade groups, halts new CRA rules
Apr 01, 2024 -
Mortgage rates rise following a surge in Treasury yields
Mar 26, 2024 -
Mike Tassone: Evolving customer acquisition and lead gen
Mar 21, 2024 -
Mike Tassone: Evolving customer acquisition and lead gen
Mar 21, 2024 -
Mortgage industry excitement is subsiding about expected Fed rate cuts in 2024
Mar 20, 2024 -
Fed holds rates steady with inflation still running hot
Mar 20, 2024 -
Fannie Mae predicts that higher mortgage rates will stick around longer
Mar 19, 2024
