Is there a rate hike in the cards, or will the Fed stand pat for a sixth straight time?
NOTE: This is a live blog that will be updated frequently. Refresh often for the latest updates.
Welcome to the live blog!
12:40 p.m. EDT
Welcome to our sixth live blog of 2026 at Mortgage Professional America. Today, we are covering the Federal Reserve’s sixth rate announcement of the year. The markets are expecting a rate hike this afternoon of 25 basis points. However, economists, including First American's Sam Williamson, believe it's not a guarantee that the central bank will raise rates.
It's going to be an interesting afternoon. We'll be previewing the decision here until 2 pm ET, when we'll have the official word from the Fed. Then we'll bring you industry reaction and Fed chair Kevin Warsh's thoughts afterwards.
Refresh often for the latest, and buckle up for the latest Fed decision.
