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Mortgage Rates Inch Toward 6% as Fed Weighs October Cut

Summary by KULR-TV
Mortgage rates fell for the fourth consecutive week, finally nearing 6% for the first time since September 2024. Lenders and analysts have been anticipating that the Federal Reserve will announce another quarter-point cut to the federal funds rate at their…

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Mortgage Rates Inch Toward 6% as Fed Weighs October Cut

Mortgage rates fell for the fourth consecutive week, finally nearing 6% for the first time since September 2024. Lenders and analysts have been anticipating that the Federal Reserve will announce another quarter-point cut to the federal funds rate at their…

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CBS News broke the news in United States on Thursday, October 23, 2025.
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