Mortgage Rates Fall and Fed Cuts Again—But Will The Momentum Last?

For the week ending October 31, Realtor.com® Senior Economist Jake Krimmel covers the Fed’s second consecutive rate cut, mortgage rates dropping to their lowest level in over a year, and the latest housing market trends. Jake explains how these developments are boosting housing momentum even as uncertainty from the ongoing government shutdown, limited economic data, and plateauing market trends temper the outlook—highlighting where buyers are getting more for their money and how key markets like D.C. are feeling the shutdown’s effects. Reports and articles referenced: Federal Reserve Drops Policy Rate 25 Basis Points to 3.75%-4% https://www.realtor.com/research/federal-reserve-october-2025-meeting/ Mortgage Interest Rates Today: Mortgage Rates Fall for 4th Consecutive Week to 6.17% After Fed’s Second Cut This Year https://www.realtor.com/news/trends/mortgage-interest-rates-now-october-30-2025/ October 2025 Monthly Housing Market Trends Report https://www.realtor.com/research/october-2025-data/ September 2025 Luxury Housing Report: More for Your Money https://www.realtor.com/research/more-for-your-money/ Pending Home Sales Flat Despite Lower Rates https://www.realtor.com/research/pending-home-sales-september-2025/ S&P Cotality Case-Shiller Index Increases in August, but Pace Continues To Slow https://www.realtor.com/research/case-shiller-home-prices-august-2025/ Weekly Housing Trends: Latest Data as of Oct. 25 https://www.realtor.com/research/weekly-housing-trends-view-data-week-oct-25-2025/ ********* Find detailed reports at https://www.realtor.com/research/ Find free housing data for download at https://www.realtor.com/research/data ********* Find your home on https://www.realtor.com ********* Download our mobile app: https://www.realtor.com/mobile ********* Follow us on: Facebook: https://www.facebook.com/realtor.com Instagram: https://www.instagram.com/realtordotcom TikTok: https://www.tiktok.com/@realtor.com Threads: https://www.threads.net/@realtordotcom X: https://www.twitter.com/realtordotcom Pinterest: https://www.pinterest.com/realtordotcom -~-~~-~~~-~~-~- Learn More about the home buying process: "Home Buying 101: How Do I Get Started?" https://www.youtube.com/watch?v=zqZI4ZvjcRM -~-~~-~~~-~~-~- #realtor #realestate