Mortgage Rates – December 4, 2025
Mortgage rates over the past several weeks have been relatively unchanged with minor movements up and down as the market places their bets on a rate cut in December. This was largely due to mixed economic signals and comments from Fed members since they last met. On Wednesday, a surprise miss in private payroll numbers from ADP all but confirmed a rate cut is coming as our economy shoes more signs of stress.
Rates today are lower as bets are place that next weeks Fed meeting will announce a 25% cut during next weeks final fed meeting of 2025. According to BofA Global Research, two additional 25% basis point cuts are expected in 2026. Our take is to not bet on a stable market in 2026 as this year has proven that economic policy by this administration is anything but boring.
Source 15 Year Fixed 30 Year Fixed
IcanBuy 5.45 6.37
Bankrate 5.62 6.25
Mortgage News Daily 5.76 6.24
Average 5.61 6.2866666666667
*Actual rates available with your lender may vary.
