12/05/2025
Mortgage rates began declining this summer ahead of the Federal Reserve’s decision in September to cut its main interest rate for the first time in a year amid signs the labor market was slowing. The Fed lowered its key interest rate again in October and the general expectation is now that the central bank will cut its main interest rate when its policymakers meet again next week.
Source:
https://www.floridarealtors.org/news-media/news-articles/2025/12/mortgage-rates-ease-further?utm_campaign=12-5-25+Florida+Realtors+News&utm_source=iPost&utm_medium=email