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Rate WatchFed funds 3.75%–4.00%30-yr fixed 7.18%15-yr fixed 6.57%as of

About

About American Policy Wire

Housing, mortgages and interest rates: the federal decisions behind them.

American Policy Wire is a short-form wire on the federal decisions behind housing costs: Federal Reserve policy, mortgage rules, FHFA and the mortgage giants, HUD programs, flood insurance and housing legislation.

Every item is built to be read in a few minutes, covering what happened, why it matters, the numbers and what comes next. Figures are sourced. Nothing published here is financial advice.

Beat
Housing and rates (Federal Reserve, FHFA, Fannie Mae and Freddie Mac, HUD, mortgage regulation)
Written for
homebuyers, homeowners, real estate agents and mortgage professionals
Format
Short items: what happened, why it matters, the numbers, what's next. Every figure carries a numbered citation to its source.
Rate Watch
The data box on each item shows the Fed's target range and the latest weekly mortgage averages, dated and sourced.