Borrowing costs feel steady as the Federal Reserve holds its benchmark interest rate flat.

Today, borrowing costs feel steady as the central bank maintains its holding pattern. CNBC reported the Federal Reserve kept its benchmark interest rate unchanged at 3.5 to 3.75 percent. Even with rates plateauing, determined buyers are making the math work; over on r/FirstTimeHomeBuyer, one person celebrated closing on a $187,000 house at a 5.75 percent rate. For now, the housing picture remains resilient.