Mortgage Interest Rates Drop to 6.27%: Why the Fed’s Rate Cut Isn’t Working Magic (Yet)

U.S. 30-year fixed mortgage interest rates slipped to 6.27% this week, offering slight relief; yet, the rate remains high, driven not by the Fed’s short-term cuts but by a widening risk spread tied to quantitative tightening. As of October 16, 2025, the average 30-year fixed mortgage interest rate dropped for the second consecutive week, settling … Read more

Jerome Powell Speech Today: Fed Signals Rate Cuts, End to Balance Sheet Runoff

Federal Reserve Chair Jerome Powell speaking at NABE meeting about the jerome powell speech today and interest rates.

Federal Reserve Chair Jerome Powell delivered crucial forward guidance, shifting the policy focus from inflation to job preservation and signaling the approaching end of the $6.5 trillion balance sheet reduction. On Tuesday, October 14, 2025, Federal Reserve Chair Jerome H. Powell delivered a highly anticipated address at the 67th Annual Meeting of the National Association … Read more