What the Fed rate pause may mean for mortgage interest rates

The Federal Reserve's latest interest rate pause could impact homebuyers and owners trying to refinance. sakchai vongsasiripat/Getty Images Another Federal Reserve meeting, another interest rate pause . For the third time this year, the central bank elected to keep its Federal funds rate untouched, leaving it at the same range of 3.50% to 3.75% on Wednesday. That all but ensures that interest rates offered by lenders will remain elevated. …