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
Fannie Mae economist: Rates will not halt current housing recovery
Jul 16, 2013Interest rates on a 30-year, fixed-rate mortgage have risen from 3.35% at the beginning of May to 4.51% in mid-June.
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Housing momentum will remain economic bright spot
Jul 16, 2013 -
Are rising rates dooming the housing recovery? Freddie Mac chief economist says not likely
Jul 16, 2013 -
Monday Morning Cup of Coffee: Congressman tries to tackle eminent domain plans
Jul 15, 2013 -
Dodd-Frank complete by end of the year, financial regulators say
Jul 11, 2013 -
Possible GSE bid list shows continued signs of risk reduction
Jul 11, 2013 -
Fed Governor Elizabeth Duke submits resignation
Jul 11, 2013 -
Mortgage rates keep bobbing up and down
Jul 11, 2013 -
Bernanke defends QE3, hints tapering is imminent
Jul 10, 2013 -
Fed attempts to free higher-priced loans from appraisal binds
Jul 10, 2013 -
FOMC minutes reveal QE tapering benchmarks
Jul 10, 2013 -
Mortgage application filings continue to drop
Jul 09, 2013