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 applications fall as rates begin to rise
Sep 29, 2021Mortgage application volume declined by 1.1% for the week ending Sept. 24, after a rebound in the previous week, according to the MBA
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Market volatility persists despite Fed’s commitment to ZIRP
Sep 17, 2021 -
Logan Mohtashami on trends in forbearance exits
Sep 17, 2021 -
Logan Mohtashami talks forbearance and rising mortgage rates
Sep 13, 2021 -
Committee Recommends Term SOFR Index Rates, Potentially Hastening LIBOR’s End
Aug 17, 2021 -
Mortgage rates rise to 2.87% after jobs report
Aug 12, 2021 -
Mortgage lenders are loosening standards on jumbos
Aug 02, 2021 -
Powell: “Ground to cover” before tapering asset purchases
Jul 28, 2021 -
Variant scare causes mortgage rates to fall to 2.78%
Jul 22, 2021 -
For the housing market, look at bonds over MBS
Jul 12, 2021 -
Juneteenth holiday sparks chaos for lenders, LOs
Jun 18, 2021 -
Mortgage applications increase as 30-year rate falls
Jun 16, 2021
