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30-year Mortgage rates in the US have fallen to 6.19%, the lowest level in over a year, mortgage buyer Freddie Mac said Thursday. It is the third straight weekly decline, bringing the average rate to its lowest level since Oct. 3, 2024. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also eased this week. The average rate dropped to 5.44% from 5.52% last week. A year ago, it was 5.71%, JUST IN: US mortgage rates fall to lowest level in over a year. — Watcher.Guru (@WatcherGuru) October 23, 2025 “Mortgage rates continued to trend down this week, hitting their lowest level in over a year,” said Sam Khater, Freddie Mac’s Chief Economist. “At the start of 2025, the 30-year fixed-rate mortgage surpassed 7%, while today it hovers nearly a full percentage point lower. This dynamic has kept refinancings high, accounting for more than half of all mortgage activity for the sixth consecutive week.” The rates have fallen in previous week...

The US Federal Reserve has cut interest rates by 25 bps, a move that was widely expected to be made amid sweeping changes in the US economy. The Fed previously left interest rates unchanged in July 2025, and this is the first reduction in rates since December 2024. Interest rates now sit at 4%-4.25%, the lowest since December 2022. BREAKING: Federal Reserve cuts interest rates by 25bps. — Watcher.Guru (@WatcherGuru) September 17, 2025 First Interest Rate Cut Since December, A Needed Move? In a press release, the Fed acknowledged that economic growth in the first half of the year “moderated” and the job market has “slowed.” “Job gains have slowed, and the unemployment rate has edged up but remains low. Inflation has moved up and remains somewhat elevated,” the Fed said. “In considering additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the bala...

Certain members of the crypto community would love to wave goodbye to US Federal Reserve Chairman Jerome Powell when Donald Trump becomes president. The two men have sparred for years, and crypto promoters want to see Trump surrounded with loyalists who keep markets sailing smoothly. Already assuming that Trump will find some way to oust Powell, potential candidates for his replacement are already circulating. Current top guesses include Scott Bessent, Kevin Warsh, Kevin Hassett, David Malpass, and Judy Shelton. Powell and Trump famously clashed over interest rate policies in 2018 when Powell declared he was prepared to defend the Fed’s independence from the Executive branch in the courts. He further reminded reporters that Trump may not fire him. Pundits speculated that Trump only backed off Powell in 2018 because his threats damaged confidence in an already shaky stock market. Now that six years have passed since their last spat, Trump recently granted a conditional ...