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All • Buying • Selling • December 4, 2025

Mortgage Interest Rates Drop For A Second Week

by Rodney Ward

 Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.19%.

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

  • The 30-year FRM averaged 6.19% as of December 4, 2025, down from last week when it averaged 6.23%. A year ago at this time, the 30-year FRM averaged 6.69%.
  • The 15-year FRM averaged 5.44%, down from last week when it averaged 5.51%. A year ago at this time, the 15-year FRM averaged 5.96%.

The PMMS® is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit.

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