Mortgage Rates Dip as Economicโ Uncertainty โคPersists
Washingtonโ D.C.- November 26, 2025 – Average mortgage rates have โfallen this week, offering a potential reprieve forโ prospective homebuyers grappling with affordabilityโ challenges, even as broader economic conditions remain volatile.โ The decline arrives amidst fluctuating inflation dataโ and โขongoing debate surrounding the Federal Reserve‘s future monetaryโ policy decisions.
The averageโ 30-year โคfixed mortgage rate decreased to 6.61% as of Novemberโ 21, 2025, according to Freddie Mac’s Primary Mortgage Market Survey, down โขfrom โข6.82% the previous week. โฃThis marks theโฃ lowest level since early November and โคprovides a โฃglimmer of hope โขfor a housing market that hasโค been significantly impacted โฃby high borrowing costs throughout 2024 โand early 2025. However, experts caution โthat these fluctuations highlight โขthe sensitivity of mortgage ratesโ to economic indicators โฃandโ the uncertainty surrounding the nation’s financial outlook.
The recent dip in mortgage rates is largely attributed to cooling โขinflation dataโฃ released earlier this month, which โฃfueled speculation that the Federal โฃReserve may soon begin toโ ease its monetary policy.While the centralโค bank has maintained a cautious stance,โค signaling a data-dependent โapproachโ to future rate cuts, the โฃpossibility ofโค lower rates has prompted a decline in Treasury โคyields, which directly influence โขmortgage rates.
“The market โฃis reacting to the expectation that the Fed may be closer toโข pivoting,” explained Dr. Anya Sharma, Chief Economist at โฃthe National Housingโ association.”However, it’s crucial โขto remember โคthat economicโค conditions areโฃ dynamic, and rates could easily reverse course if inflation reaccelerates or the labor market remains strong.”
The decline in rates could encourage someโ potential buyers who have been sidelined by high costs โto re-enterโค the market. Though, inventory โremains constrained in many areas, and home pricesโฃ continueโ to rise, albeit โฃat a โslower pace than in previous years. This limited supply could offset the โbenefits โฃof lowerโ rates, preventing a significant surge in home sales.
Looking โahead,theโ trajectory of mortgage rates will โคlikely depend on several key factors,including upcoming inflation reports,Federal reserve announcements,and overall โeconomic growth.โข Analysts predict continued โฃvolatility โขin the near term, urgingโค borrowers to carefully consider their โฃfinancial situation and shop around for theโ best available โคrates.
