Goin’ Down! Traders Expect Fed’s To Cut Four 25bps By End Of Year And More Cuts In 2025 (Mortgage Rates Will Fall!)

Freddie King said it best! Interest rates are goin’ down!

Yes. traders expect The Fed to cut their target rate from 5.50% (current rate) tp 4.297% by the December meeting. That is a whopping 120 basis points.

And expect another 100 basis points of cuts by the September 2025 Fed FOMC meeting. Down to 3.232%.

Mortgage rates will fall.

Like the Roman Empire. Et tu Kamala?