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
Average U.S. mortgage rate breaks the 3% threshold again
Jul 30, 2020The average U.S. rate for a 30-year fixed mortgage fell to 2.99% this week, the second-lowest on record, according to Freddie Mac data.
-
Fate of the economy depends on virus control, Fed says
Jul 29, 2020 -
Whither mortgage rates? Ask Fed Chairman Jerome Powell
Jul 27, 2020 -
FDIC adds five to its Systemic Resolution Advisory Committee
Jul 23, 2020 -
Doug Duncan projects mortgage lending to climb to a 17-year high in 2020
Jul 22, 2020 -
Senate committee approves Trump advisor Judy Shelton for Fed board
Jul 21, 2020 -
“Outstanding” ratings on CRA performance evaluations decline across the board
Jul 20, 2020 -
Foreclosure threat grows as COVID-19 surges, Fed says
Jul 06, 2020 -
FOMC worried virus resurgence will trigger new spike in layoffs, minutes show
Jul 01, 2020 -
Virus surge and Fed’s sour outlook push mortgage rates lower
Jul 01, 2020 -
COVID-19 pandemic delays efforts to transition away from LIBOR, Moody’s says
Jun 30, 2020 -
FHFA stretches its foreclosure moratorium
Jun 18, 2020
Latest Videos
Four KPIs every mortgage originator should know Jul 01, 2026
What mortgage professionals need to know about reverse mortgages Jun 16, 2026 8:59 am
