Big news! The Fed just dropped rates AGAIN.

On October 29, 2025, the Federal Reserve announced a 25 basis point cut to the federal funds rate, bringing it to a new target range of 3.75%–4.00%. This is the second rate cut this year, and it’s a clear signal: the Fed is easing up to support the economy — and that means lower mortgage rates are coming your way.

During his press conference, Fed Chair Jerome Powell said there are “strongly differing views” among officials about future cuts. A December move? Not guaranteed. Why? A government shutdown data blackout means no full jobs or inflation reports — so the Fed’s playing it cautious. They’re also ending quantitative tightening (QT) on December 1, shifting focus from inflation to protecting jobs.

But here’s what matters to you: mortgage rates don’t move in lockstep with the Fed, but they do follow the trend. And right now? The trend is down.

What Happened Today?

Let’s break it down simply:

  • Rate Cut: 25 basis points (0.25%) → New target: 3.75%–4.00%
  • Vote: 10–2 (Miran wanted 50 bps cut, Schmid wanted no cut)
  • Powell’s Take: “We’re watching the labor market closely. Inflation is cooling, but we’re not on autopilot.”
  • Big Shift: Fed ends balance sheet reduction (QT) Dec 1 — more liquidity in the system
  • Official Goal: Maximum employment + 2% inflation

Source: Federal Reserve FOMC Statement, Oct 29, 2025

How This Affects Mortgage Rates RIGHT NOW

The federal funds rate isn’t your mortgage rate — but it influences it.

When the Fed cuts, bond yields (like the 10-year Treasury) usually drop. Mortgage rates follow.

What to expect:

  • Current 30-year fixed average: ~6.2% (as of Oct 29)
  • Near-term drop: 0.10%–0.25% in the next 2–6 weeks
  • Real savings example: On a $500,000 loan, a 0.25% drop = ~$80/month saved → ~$29,000 over 30 years

Rates subject to change. Example for illustration only. Actual savings depend on credit, loan type, and term.

Winners Right Now

This cut hits different — here’s who benefits most:

First-Time Buyers

  • Pair lower rates with down payment assistance
  • Use FHA loans (3.5% down) or conventional (3% down)
  • Lock in now — affordability just got a boost

Homeowners Refinancing

  • Rate-and-term refi: Drop your payment
  • Cash-out or HELOC: Tap equity for renovations, debt payoff, or investment
  • We close in 21 days average — no waiting

Real Estate Investors

  • Non-QM loans (DSCR, bank statement, asset depletion) shine in a lower-rate world
  • More cash flow, better returns

Why Golden Bear Mortgage?

You’ve got options. Here’s why thousands choose us:

  • 40+ years combined experience — we’ve seen every market
  • Competitive rates — often beating big banks
  • Fast closings — 21 days from application to funding
  • Personal service — no call centers, no robots
  • Every loan type: FHA, VA, Jumbo, Non-QM, HELOC, Interest-Only

We’re not just a lender. We’re your mortgage partner.

Lock in before December uncertainty. Rates won’t wait.

5 Action Steps (Do These TODAY)

  1. Get pre-approved — takes 10 minutes online
  2. Compare your rate — see how much you’ll save
  3. Check your credit — free report + score tips
  4. Explore programs — down payment help, VA, FHA, non-QM
  5. Contact Golden Bear — real answers, no pressure

The Window Is Open — Don’t Miss It

The Fed just handed homebuyers and homeowners a rare opportunity. Rates are dropping. Inventory is moving. Affordability is improving.

But this won’t last forever.

Take action now.

Call 916-761-2327

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