General World News

Mortgage rates are calm as the Fed rate cut debate intensifies

With only six weeks left in 2025, mortgage rates continue to stabilize in the mid-6% range. And while rates remain higher than many housing professionals and consumers would like, weekly pending home sales are 15% higher than they were a year ago.

Mortgage News Daily reported 30-year fixed rates averaged 6.38% on Monday, up 4 bps from a week ago and the highest levels in roughly two months on MND.

HousingWire’s Mortgage Rates Center — which analyzes locked loans across all credit profiles — also showed that 30-year conventional rates averaged 6.38% on Tuesday. That’s up details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com