The Federal Reserve delivered its third rate cut of 2025 by lowering the federal funds rate another 0.25 points, sparking mixed views within the FOMC
Tagged: Federal Open Market Committee
For the third quarter of 2025, United Wholesale Mortgage capitalized on a “rate rally” that saw sliding mortgage rates push total loan origination volume upward
Amid a lingering government shutdown and weakening labor market, the Federal Reserve has reduced interest rates by 0.25 percentage points at the conclusion of its October Federal Open Market Committee meeting
What it means for mortgage pros as Powell talks further cut likeliness, Fed neutrality, his future at the central bank, and more
New governor sworn in as central bank preps for its likely first policy move of 2025, with mortgage markets watching closely
How LOs and brokers should prepare for possible changes
Move comes amid mounting pressure, frustration from President Trump
Purchase activity climbed more than 2% overall, while conventional refinance activity fell slightly last week, MBA reports
“We do not need to be in a hurry to adjust our policy stance,” Powell told reporters at Wednesday's press conference
MBA's Fratantoni says economic data likely to keep rates 'steady at these levels'