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The Federal Reserve published an FOMC statement on 2026-09-16. Read the original release and see how a policy announcement differs from an individual mortgage quote.
The Federal Reserve published a Federal Open Market Committee statement on 2026-09-16. The original statement contains the Committee's policy decision and its explanation. Read the release itself for the precise decision and current wording; this note does not infer a mortgage-rate change from the announcement.
The federal funds rate and a lender's mortgage pricing are different things. Treasury yields, mortgage-backed securities, borrower and property details, lender pricing and timing can all matter. A Fed announcement alone cannot tell you the price or eligibility of a mortgage in your situation.
Read the Federal Reserve's dated release at https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916a.htm. Compare any mortgage proposal using current written terms, payment, costs and loan features. Programs and eligibility depend on qualification and current guidelines.
By Anthony Piccone · 7th Level Mortgage LLC
General information is useful. A mortgage professional can help you evaluate the facts that apply to you.
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