As of 2026-09-15 and 2026-09-16, the Federal Reserve was expected to raise interest rates, with 93% odds of a hike according to CME FedWatch data. The rate decision was anticipated to impact mortgage rates for prospective home buyers.
No BS check run yet — press ⚖ to extract this story's claims and verify them against independent sources.
Planning to buy a home soon? The Fed's next move could change the mortgage rate outlook for borrowers.
The Fed is almost guaranteed to hike rates today. Odds are currently around 93%, per CME FedWatch, meaning it’s basically a sure thing. In the Fed’s history, they’ve never defied odds like that so a ¼-point hike should be delivered as expected. The impact on mortgage rates is less certain. The Federal Reserve is almost guaranteed to hike rates today. Odds are currently around 93%, per CME FedWatch