Mortgage & Housing Market News

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US mortgage rates fall to 6.32%; purchase apps rise
30‑yr mortgage rate fell 8 bps to 6.32% in the week to Nov. 28, per MBA, pushing purchase applications up 2.5% to the highest since early 2023.
December 3, 2025 • Yahoo Finance
Should you lock now as rates near 14‑month low?
30‑yr average sits near 6.39%, a 14‑month low. A Fed cut next week may not lower mortgages, as rates track 10‑yr Treasury yields more than policy.
December 2, 2025 • Investopedia
Seattle office slump deepens amid near‑record vacancies
Seattle’s office market weakens: vacancies near 35% downtown and 43M sq. ft. available. Landlords boost concessions; rents fall; recovery seen after 2026.
December 2, 2025 • Axios
Refi rates tick up; 30‑year at 6.35%
Forbes Advisor reports the 30‑year refi at 6.35% and 15‑year at 5.36%. Mixed moves across terms highlight divergent pricing among lenders and products.
December 2, 2025 • Forbes Advisor
Redfin: 2026 ‘Great Housing Reset’ forecast
Redfin forecasts 2026: 30‑yr rates average ~6.3%, home prices +1% YoY, existing‑home sales +3% to ~4.2M, and rents +2–3% as new supply slows.
December 2, 2025 • Redfin News
Philly turnover dips; U.S. at 30‑year low
Philly’s turnover fell to 1.8% of homes sold Jan–Sep; nationally just 2.8%, the lowest in at least 30 years, as owners cling to low mortgages and buyers face high costs.
December 2, 2025 • Axios
Today’s mortgage rates for Dec. 2, 2025
Bankrate survey shows the 30‑year fixed at 6.28% (6:30 a.m. ET), 15‑year at 5.71%, jumbo at 6.47%. Mixed moves as Treasury yields drift slightly lower this week.
December 2, 2025 • Bankrate
HELOC rates today: averages fall as Fed cut odds rise
HELOC rates average 7.64% this week with prime at 7.00%. Odds of a Fed cut next week are high, implying potential declines. Teaser intro offers near 6%.
December 2, 2025 • Yahoo Finance
Today’s average mortgage rates inch up before Fed meeting
Average 30‑yr fixed APR is 6.11% this morning; 15‑yr 5.52%; 5‑yr ARM 6.65% (Zillow). Rate volatility is elevated ahead of the Fed’s December 10 decision.
December 2, 2025 • NerdWallet
Today’s mortgage rates jump before Fed meeting
NerdWallet shows 30‑year fixed APR at 6.11%, up 23 bps day‑over‑day; 15‑year ~5.52%. Volatility reflects uncertainty ahead of the Dec. 10 Fed decision.
December 2, 2025 • NerdWallet

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