RedFin
Takeaway: Rates will remain mostly steady after the Fed executed the already priced-in 25 bps cut and painted a muddy picture in their projection for future rate cuts. Rates fell initially when the Fed’s statement was released, as the projection showed two more 25 bps rate cuts for the two remaining meetings in 2025—one more […]
The post Mortgage Rates to Hold Steady After Fed Cuts for First Time in 2025 appeared first on Redfin Real Estate News…
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Mortgage Rates to Hold Steady After Fed Cuts for First Time in 2025
Takeaway: Rates will remain mostly steady after the Fed executed the already priced-in 25 bps cut and painted a muddy picture in their projection for future rate cuts. Rates fell initially when the Fed’s statement was released, as the projection showed two more 25 bps rate cuts for the two remaining meetings in 2025—one more