Most Recent Federal Reserve rate cut News

Powell says locked-in pandemic mortgages are stifling housing market

Powell says locked-in pandemic mortgages are stifling housing market

“We feel like the Fed is probably going to move off of targeting Fed funds as its primary policy rate,”...

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Why mortgage rates could keep falling, even if Fed pauses in December

Why mortgage rates could keep falling, even if Fed pauses in December

“I would say that if the news continues to show that the employment sector remains weak, and that if we...

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Mortgage veteran: ‘Too much noise’ makes future rate forecasts impossible

Mortgage veteran: ‘Too much noise’ makes future rate forecasts impossible

“I keep telling people the Fed cutting rates doesn’t mean that mortgage rates will go down,” Cohn said. “Mortgage rates...

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Inflation increases in June as odds of a September rate cut fall

Inflation increases in June as odds of a September rate cut fall

A report from the Canadian Chamber of Commerce claimed that US tariffs on Canada, including duties on steel and aluminum,...

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