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 move closer to 6% — and the forecast is getting sunnier
Sep 23, 2025The housing market forecast for 2025 improves as mortgage rates decline. Bank of America reports increased buyer optimism with 75% expecting lower prices and rates in coming months.
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Where do mortgage rates go from here?
Sep 20, 2025 -
Pulte announces FHFA withdrawal from climate change coalition
Sep 19, 2025 -
Why mortgage rates rose after the Fed meeting, and what’s next
Sep 19, 2025 -
Mortgage rates go wild following Fed rate cut and Powell remarks
Sep 18, 2025 -
Trump asks Supreme Court to uphold firing of Fed governor Cook
Sep 18, 2025 -
The Fed cuts rates, but sets job growth expectation to zero
Sep 18, 2025 -
How will lenders recalibrate as Fed signals path to lower rates?
Sep 17, 2025 -
Fed cuts rates by 25 bps as inflation lingers, labor market weakens
Sep 17, 2025 -
Disappointing housing permits show why we need 6% mortgage rates
Sep 17, 2025 -
Housing starts plummet 8.5% in August: Builder confidence wanes amid market challenges
Sep 17, 2025 -
Mortgage rate declines are raising the likelihood of a refi surge
Sep 16, 2025
