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 24, 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 Watch Now: Related Video US, Iran hold separate talks with Pakistan's PM ahead of negotiations AP top stories April 10 AP top stories April 10 Climate change is outpacing evolution. Scientists are using DNA to catch up Climate change is outpacing evolution. 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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.
