These are today's mortgage and refinance rates. Mortgage rates might not drop as much next year if the Fed only lowers rates a couple of times.

The Fed announced its third straight rate cut this week, also signaling that additional reductions are likely in 2025. What could this mean for future mortgage rates?

These are today's mortgage and refinance rates. Mortgage rates went up after last week's Fed meeting, and they may not drop as much in 2025.

The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses

The Fed's December rate decision reflects growing confidence in the economy's trajectory and the continued moderation of inflation pressures, despite an uptick in the inflation rate over the last few months.

These are today's mortgage and refinance rates. Mortgage rates are up in response to new predictions of fewer Fed rate cuts next year.

The average 30-year fixed rate mortgage spiked after the Federal Reserve cut rates. Experts say expectations for rate cuts in 2025 fueled the jump.

San Francisco Federal Reserve Bank President Mary Daly said Friday the U.S. central bank's quarter-point interest-rate cut earlier this week was a "close call," expressing her agreement with Chair Jerome Powell that a cautious approach to future policy adjustments is now necessary.