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
Many mortgage lenders are like frogs in a slow boil
Jul 19, 2023M&A experts say roughly 60 deals are quietly going to get done this year. The next 12 months will be a real test of who survives and disappears from the mortgage market – but there’s tons of future opportunity for survivors.
-
Fed watchdog: Fair Housing Act, ECOA must evolve with realities of AI
Jul 18, 2023 -
Rumored Basel changes could hit big bank mortgage lending: Bloomberg
Jul 18, 2023 -
Mortgage rates are close to 7%, and may remain so for several weeks longer
Jul 13, 2023 -
Latest inflation data bodes well for mortgage rates
Jul 12, 2023 -
U.S. inflation hits two-year low as rent prices decline
Jul 12, 2023 -
Job gains slow in June, but are probably still too hot to sway the Fed
Jul 07, 2023 -
Mortgage rates reach their 2023 peak
Jul 06, 2023 -
Mortgage rates stay put this week
Jun 29, 2023 -
Logan Mohtashami on whether the Airbnb bust is real
Jun 29, 2023 -
Mortgage rates decline (again). What does it mean for the summer home-buying season?
Jun 22, 2023 -
Existing home sales in May were slightly less bad than April
Jun 22, 2023
