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
Millions of retirees buck return-to-work predictions
Nov 08, 2023Seniors were expected to return to work in large numbers following the COVID-19 pandemic, but data indicates that hasn’t happened as predicted.
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Why home prices won’t crash in the next recession
Nov 08, 2023 -
Mortgage applications ticked up after weeks of decline: MBA
Nov 08, 2023 -
Banks report tighter lending standards for mortgages, HELOCs in Q3
Nov 07, 2023 -
At last: Softer labor data sends mortgage rates lower
Nov 03, 2023 -
Labor market cools on strike activity
Nov 03, 2023 -
Mortgage rates stabilize after Fed meeting
Nov 02, 2023 -
Logan Mohtashami on the Fed and where mortgage rates are headed
Nov 02, 2023 -
Logan Mohtashami on the Fed and where mortgage rates are headed
Nov 02, 2023 -
Housing experts are hopeful the Fed is done with rate hikes
Nov 01, 2023 -
Fed holds rates with one meeting left in 2023
Nov 01, 2023 -
The upside of 8% mortgage rates? More inventory
Oct 28, 2023
