https://www.live-feeds.com/feed/what-does-a-fed-rate-hike-mean-for-mortgage-ratesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/what-does-a-fed-rate-hike-mean-for-mortgage-rateshttps://www.live-feeds.com/feed/what-does-a-fed-rate-hike-mean-for-mortgage-rates#u82283Thu, 24 Sep 2026 06:05:20 +0000The Federal Reserve raised its benchmark lending rate by a quarter of a percentage point to a target range of 3.75-4.00 percent. This marks the first interest rate hike in three years. Mortgage rates have climbed for four consecutive weeks, reaching their highest levels since the Trump administration. Fed Chair Kevin Warsh attributed the decision to inflation and a lack of stable prices over the last five and a half years. These increases are contributing to rising housing costs and general price hikes across the economy ahead of the midterm elections.Why it mattersFederal Reserve rate hikes t