Interest rates have been cut at the last three meetings in a row, after gradually increasing rates for three years.

Learn how Fed meetings affect mortgage rates and what it means for borrowers. Discover trends, impacts, and expert predictions on mortgage rates.

The Federal Reserve is widely expected to hold its key interest rate steady on Wednesday as officials wait for more data that indicates inflation is cooling.

If you paid attention to the Federal Reserve's monetary decisions last year, you might have been surprised by something: The Fed's three interest rate cuts didn't help mortgage rates get cheaper for homebuyers.