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 pressure to create a servicing liquidity facility heats up
Apr 16, 2020In today’s Daily Download episode, HW+ Managing Editor Brena Nath discusses a new push by the nation’s top Democrats and banking regulators to aid the housing industry’s struggling mortgage servicers. This week, House Financial Services Committee Chair Rep. Maxine Waters, D-CA, and Sen. Sherrod Brown, D-OH, the ranking member on the Senate Committee on Banking, […]
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Average mortgage rate is 3 basis points from all-time low
Apr 16, 2020 -
Appraisals take center stage in creating emergency relief
Apr 15, 2020 -
Banks will soon be able to postpone some appraisals until 120 days after a mortgage closes
Apr 14, 2020 -
The Fed is keeping its eyes on mortgage servicers
Apr 10, 2020 -
Here’s why you shouldn’t worry about the miserable inflation report
Apr 10, 2020 -
Fed chairman urges caution on reopening economy
Apr 09, 2020 -
The Industry responds to FHFA Director Mark Calabria’s views on mortgage servicing
Apr 09, 2020 -
Average mortgage rate unchanged at 3.33%, Freddie Mac says
Apr 09, 2020 -
COVID-19 pandemic warranted forceful response, Fed says
Apr 08, 2020 -
MBS Highway’s Barry Habib on the coronavirus mortgage meltdown
Apr 08, 2020
