- Housing News
- October 29, 2025
The Fed Dropped Rates. Will Stubborn Mortgage Rates Now Fall Below 6%?
Many homebuyers and homeowners are hopeful that the Fed's quarter-point cut will finally bring mortgage interest rates meaningfully down.
Clare Trapasso is the editorial director at New American Funding. She was previously the Executive News Editor for Realtor.com and a reporter for a Financial Times publication, the New York Daily News, and the Associated Press. She also taught journalism courses at several New York City colleges. She loves dogs, hiking and kayaking, and New York pizza.
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