Report Ivy Le | CMG Financial Inc There will be more anticipated rate cuts in the near future. About the last Federal Reserve Rate Cut for 2025. Don’t get confused, the rate cut is for banking institutions and NOT for consumers like you and I. Long term mortgage rates are backed by US 10 year treasury yield and more rate cuts are expected in 2026 to further stimulate the US economy and perhaps will lead to lower mortgage rates. Fed Funds rates are generally geared towards short term loans which will help stimulate the economy by encouraging banking institutions to lower the cost of lending by which will create more spending and stimulating greater employment stability. If you’re looking for a way to consolidate your credit card debt, getting a HELOC is not a bad idea. The current prime rate has dropped 25 basis points making our current prime rate 6.75%. Not a bad idea for a second mortgage to consolidate credit card debt or perhaps some funds to build an ADU. Keep an eye out for further rate cuts in the near future in 2026. By Ivy Le Posted 12/19/2025 2:47:45 PM In My Space Votes ( 1 / 0 ) Replies (1) San Francisco, CA Reply Share Save