AP Special Report Spotlight How the Fed's rate cut impacts mortgage rates ALEX VEIGA Associated Press Sep 18, 2025 Sep 18, 2025 Updated Mar 10, 2026 0 Facebook Twitter Bluesky WhatsApp SMS Email Print Copy article link Save LOS ANGELES — Hoping that mortgage rates will keep dropping following the Federal Reserve's first rate cut since last year? 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Related to this story What the Fed rate cut will mean for your finances Since the last cut, progress on inflation has slowed while the labor market has cooled and Wall Street has rallied. Federal Reserve cuts key rate by quarter-point and signals two more cuts this year The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year. Homeowners turn to cash-out refinancing to take advantage of big gains in home equity Homeowners are cashing in on years of home equity gains, even as mortgage rates remain stubbornly high. Most US adults think individual choices keep people in poverty, AP-NORC/Harris poll finds The poll comes as homelessness is on the rise and as officials across the country push to clear encampments where unhoused people live. Americans would save $100B if credit card rates were capped as Trump proposed, researchers say The paper found that banks would still be able to earn a profit on most customers even if credit card interest rates were capped at 15%. A Mississippi city's tax break spurred post-Katrina building. But will homes stand the next storm? A decade after 2005's Hurricane Katrina, one Mississippi city began offering property tax breaks to encourage building near the waterfront. Listen now and subscribe: Apple Podcasts | Google Podcasts | Spotify | RSS Feed | Omny Studio | All Of Our Podcasts Recommended for you Watch Now: Related Video Iran war begets fertilizer and other supply cost worries for US farmers White House offers concessions as DHS funding impasse drags on White House offers concessions as DHS funding impasse drags on Stock Market Today: Dow Jones, S&P 500 Futures Rise Ahead Of Jerome Powell's Speech Stock Market Today: Dow Jones, S&P 500 Futures Rise Ahead Of Jerome Powell's Speech What to know about the resignation of Joe Kent as Trump's counterterrorism chief AP What to know about the resignation of Joe Kent as Trump's counterterrorism chief
What the Fed rate cut will mean for your finances Since the last cut, progress on inflation has slowed while the labor market has cooled and Wall Street has rallied.Â
Federal Reserve cuts key rate by quarter-point and signals two more cuts this year The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year.Â
Homeowners turn to cash-out refinancing to take advantage of big gains in home equity Homeowners are cashing in on years of home equity gains, even as mortgage rates remain stubbornly high.
Most US adults think individual choices keep people in poverty, AP-NORC/Harris poll finds The poll comes as homelessness is on the rise and as officials across the country push to clear encampments where unhoused people live.
Americans would save $100B if credit card rates were capped as Trump proposed, researchers say The paper found that banks would still be able to earn a profit on most customers even if credit card interest rates were capped at 15%.
A Mississippi city's tax break spurred post-Katrina building. But will homes stand the next storm? A decade after 2005's Hurricane Katrina, one Mississippi city began offering property tax breaks to encourage building near the waterfront.
