11 Sep 2024 Mortgage Rates Reflect Upcoming Shift in Federal R... In a widely expected shift, the Federal Reserve is gearing up to reduce interest rates at their next meeting on the 18th of this month, specifically the Fed Funds Rate and the Fed Discount Rate. This maneuver, aims to stimulate economic activity by easing the cost of borrowing. The Fed Funds Rate is the cornerstone […] Share on Facebook Share on Twitter