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
With Warsh’s Fed overhaul, mortgage rates face a new risk
Jun 18, 2026Federal Reserve Chair Kevin Warsh’s new framework for the U.S. central bank carries significant implications for the mortgage industry and broader housing market.
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3 quick takes on Kevin Warsh’s first Fed meeting
Jun 17, 2026 -
Warsh era at the Fed begins with rate pause amid spiking inflation
Jun 17, 2026 -
What to look for in Kevin Warsh’s first Fed meeting
Jun 16, 2026 -
Mortgage rates recede slightly. Is there more to come as Iran conflict ends?
Jun 16, 2026 -
Markets await Warsh’s first meeting as Fed chair
Jun 12, 2026 -
May inflation climbs to 4.2%, Fed likely stays on hold
Jun 10, 2026 -
Home purchase demand holds up even with mortgage rates at 6.7%
Jun 02, 2026 -
For mortgage rates, it’s not labor over inflation anymore
Jun 02, 2026 -
Credit card and auto loan delinquencies look like 2008. Housing does not
May 29, 2026 -
What happens to mortgage rates if the Iran conflict is over?
May 25, 2026 -
New Fed Chair Warsh loses dove as Waller turns hawkish
May 22, 2026