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Mortgage rates haven’t been this low in nearly a year. Thank the Fed - but not entirely

Mortgage rates haven’t been this low in nearly a year. Thank the Fed - but not entirely
business9/18/2025

The Federal Reserve’s rate cut this week is rippling through the housing market, sending mortgage rates lower and spurring a jump in refinancing.

The Federal Reserve’s rate cut this week is rippling through the housing market, sending mortgage rates lower and spurring a jump in refinancing. The 30-year fixed mortgage rate averaged 6.26% for the week ending September 18, down from 6.35% last we... [3271 chars]