On September 17th, 2025, the Federal Reserve cut interest rates—a move that had many people instantly thinking mortgage rates would drop too. But if you’ve been watching this closely, you know it doesn’t work that way. In fact, this exact scenario played out before. Back in June and again in September of 2024, everyone expected…
Mortgage Rates in April 2025: What’s Driving the Volatility and What Comes Next As of April 2025, mortgage rates are experiencing notable fluctuations, reflecting the broader economic uncertainties. The average 30-year fixed mortgage rate has hovered around 6.6% to 6.85% in recent weeks, influenced by various macroeconomic factors. Key Factors Influencing Current Mortgage Rates Federal…
Why Federal Reserve Rate Cuts Don’t Directly Lower Mortgage Rates When the Federal Reserve announces a cut in interest rates, many people immediately assume that mortgage rates will drop as well. Unfortunately, this is a common misconception. When the Fed adjusts its rates—specifically the Federal Funds Rate—it doesn’t directly impact long-term mortgage rates. Instead, these…