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 rebound after five straight weeks of declines
Apr 20, 2023Mortgage rates broke five straight weeks of declines this week, with the 30-year fixed mortgage rate increasing to 6.39% as of April 20.
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Existing home sales down 22% from a year ago
Apr 20, 2023 -
Bank of America still profitable in Q1 as mortgage production tumbled
Apr 18, 2023 -
Logan Mohtashami: The Fed is engineering a recession
Apr 17, 2023 -
Logan Mohtashami: The Fed is engineering a recession
Apr 17, 2023 -
Housing Market Tracker: Inventory falls even lower
Apr 16, 2023 -
Logan Mohtashami: Why the Fed cares more about job losses than inflation data
Apr 13, 2023 -
Better inflation data won’t sway the Fed
Apr 12, 2023 -
Inflation cooled further in March, but shelter costs are still high
Apr 12, 2023 -
Logan Mohtashami on jobs, mortgage rates and the Fed’s next move
Apr 10, 2023 -
Logan Mohtashami on jobs, mortgage rates and the Fed’s next move
Apr 10, 2023
