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
The real danger of releasing the GSEs from conservatorship
Jan 22, 2021Dave Stevens writes: My experience with [the GSEs] began in earnest in 1999 when I became the senior vice president in charge of Single Family at Freddie Mac…It was this period that framed my entire perspective of the GSEs and what made me appreciate that they are both critical to housing finance yet equally as dangerous to the same sector and the broader economy.
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Prepare for the rise in mortgage rates
Jan 18, 2021 -
Fed considers regulating AI used by financial institutions
Jan 13, 2021 -
Fed bond purchases to keep pace through end of 2021
Jan 08, 2021 -
Mortgage rates remain at record-low levels
Dec 31, 2020 -
FHFA announces proposed rule on living wills for GSEs
Dec 22, 2020 -
Fed will keep interest rates low until economy recovers
Dec 16, 2020 -
The secondary market comes to the rescue…again
Dec 10, 2020 -
Federal Reserve Endorses Swift Transition Away from LIBOR
Nov 30, 2020 -
Former MBA President David Stevens on the 2020 election and housing
Nov 04, 2020 -
Federal Reserve fines Citigroup $400M for “longstanding” internal problems
Oct 08, 2020 -
Fed warns of “tragic effects” of COVID-19 resurgence
Oct 06, 2020
