The Fed Rate Cut, The Fed Fog, and the Future of Mortgage Rates
As we officially enter Q4 of 2025, I’m sure everyone has seen the headlines that the Federal Reserve decided to cut the Fed Funds rate by 0.25% at their September meeting. It is all but a lock that the Fed will cut again at their October 29th meeting, with Wall Street pricing in another 0.25% cut later this month. Before