The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

fed cut mortgage rates

Why a Federal Reserve Rate Cut Doesn’t Automatically Lower Mortgage Rates

By Scott Sheldon / September 22, 2025

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…

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