Mortgage Rates Continue to Decline

Published December 5, 2025

Freddie Mac released its latest Primary Mortgage Market Survey on Thursday, December 4. The survey showed mortgage rates falling for a second consecutive week.

This week, the 30-year fixed rate mortgage averaged 6.19%, down from last week’s average of 6.23%. Last year at this time, the 30-year fixed rate mortgage averaged 6.69%.

The 15-year fixed rate mortgage averaged 5.44% this week, down from last week’s 5.51%. During the same week last year, the 15-year fixed rate mortgage averaged 5.96%.

“Mortgage rates decreased for the second straight week as we emerged from the Thanksgiving holiday,” said Freddie Mac’s Chief Economist, Sam Khater. “Compared to this time last year, mortgage rates are half a percent lower, creating a more favorable environment for homebuyers and homeowners.”

Based on published national averages, the savings rate was 0.40% as of 11/17. The one-year CD averaged 1.64%.

Editor’s Note: The publicly available financial information is offered as a helpful and informative service to our friends. This article is not an endorsement of any company, product or service.