The Economic Times News

Mortgage rates today: As the US Fed cuts interest rates by 25 bps in its third 2025 move will the mortgage rate shift be a fall or a rise next?

Mortgage rates are gradually declining after the Feds 25-bps cut, its third move of 2025. The federal funds rate is now 3.50%3.75%. Thirty-year mortgage rates hold near 6.19%6.30, while refinance rates sit around 6.52. Markets remain volatile, and the next shift could push rates sharply up or down.