Mortgage Rates Today (Dec. 13, 2025): What the Fed’s Rate Cut Means for a $600,000 Mortgage Payment—and Why Housing Still Won’t Get “Much Relief”
Updated: Saturday, December 13, 2025 — The Federal Reserve’s final move of 2025 was a quarter-point rate cut. But if you’re waiting for mortgage rates to plunge—and for the housing market to suddenly “unlock”—Fed Chair Jerome Powell and the bond