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
Weekly mortgage rates soar closer to 8%: Freddie Mac
Oct 26, 2023Mortgage rates continued their march towards 8% this week as the Treasury yield surpassed 5%, according to weekly data from Freddie Mac.
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Bank regulators issue new Community Reinvestment Act rule
Oct 24, 2023 -
New listings data unfazed by 8% mortgage rates
Oct 21, 2023 -
The 8% mortgage is here
Oct 19, 2023 -
BofA’s mortgage production declines 6% in Q3
Oct 18, 2023 -
Mortgage applications sink to 1995 levels as rates soar
Oct 18, 2023 -
Homebuilder sentiment falls again as mortgage rates climb toward 8%
Oct 17, 2023 -
Philly Fed President Harker: “We are at the point where we can hold rates”
Oct 16, 2023 -
Want off this mortgage rate roller coaster? Good luck
Oct 15, 2023 -
Core inflation makes the case for a Fed pause
Oct 12, 2023 -
Mortgage rates up to 7.57% this week on heels of strong jobs report: Freddie Mac
Oct 12, 2023 -
Inflation holds at 3.7%. Is it enough to dissuade the Fed from another rate hike?
Oct 12, 2023
