Fed Rate Cuts Might Not Lead to Lower Mortgage Rates. What That Means for Investors.

Core Viewpoint - The Federal Reserve has responded to Donald Trump's long-standing requests by cutting the benchmark interest rate by 25 basis points in September, marking the end of a nine-month pause in the easing cycle [1] Group 1: Economic Implications - Trump's advocacy for lower rates was aimed at stimulating refinancing activity and making housing more affordable, which he believed would provide a boost to the economy [1] - The recent rate cut is expected to have a positive impact on the housing market and overall economic activity [1]