27 Aug The 30-year fixed rate holds steady at 6.58%—the lowest level of 2025 so far.
The 30-year fixed rate holds steady at 6.58%—the lowest level of 2025 so far. On Friday, Fed Chair Jerome Powell said economic conditions “may warrant” future rate cuts as inflation continues to ease. While no immediate changes were announced, the Fed’s tone signals a more cautious, data-driven approach moving forward. If...