Latest Mortgage Rates News: Rates Hold Steady at 6.26% – November 2025 Update

Latest Mortgage Rates News: Rates Hold Steady at 6.26%

As of November 11, 2025, the latest mortgage rates news indicates that rates have held steady at 6.26%. This comes after a week of fluctuations in the mortgage market, with rates rising and falling in response to various economic factors.

Key Highlights:

  • 30-year fixed-rate jumbo mortgage dropped to 6.68%.
  • Conventional 30-year mortgage loan interest rate remains at 5.99%.
  • 30-year fixed-rate mortgage averaged 6.22% earlier in the week.
  • Current national average for a 30-year fixed-rate mortgage is 6.26%.

According to various sources, including Freddie Mac and Zillow, the average interest rates on mortgages have been fluctuating in recent days. The 30-year fixed-rate jumbo mortgage dropped to 6.68%, providing potential savings for homebuyers. On the other hand, the conventional 30-year mortgage loan interest rate remains at 5.99%, offering stability for borrowers.

Sam Khater, Freddie Mac’s chief economist, noted that the 30-year fixed-rate mortgage averaged 6.22% earlier in the week. This rate could potentially save homebuyers thousands of dollars annually compared to previous rates this year, making homeownership more affordable for many.

Despite the fluctuations in rates, the current national average for a 30-year fixed-rate mortgage stands at 6.26%. This rate is still under 7%, offering some relief to potential homebuyers who may be considering entering the market.

Implications for Homebuyers:

With mortgage rates holding steady at 6.26%, homebuyers may have a window of opportunity to lock in favorable rates before any potential changes in the market. The stability in rates provides some certainty for those looking to purchase a home or refinance their current mortgage.

It is important for potential homebuyers to stay informed about the latest mortgage rates news and trends in the market. By monitoring rate fluctuations and understanding the implications for their financial situation, individuals can make informed decisions about when to buy or refinance.

Overall, the current mortgage rates news suggests that rates are holding steady at 6.26%, offering some stability in an otherwise volatile market. Homebuyers should take advantage of this window of opportunity to secure favorable rates for their mortgage needs.