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Mortgage Rates Drop: Homebuyers Gain Holiday Advantage

11/16/2025

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Summary

Story summary

Mortgage rates have fallen in 2025, with the 30-year fixed at 6.00% as of November 14, 2025.
This decline reduces competition for homebuyers during the holiday season.
The 15-year fixed rate is 5.50% as of November 14, 2025.
The 30-year refinance rate is 6.95%, offering limited savings unless the existing rate is at least 7.95%; the 15-year refinance rate is 5.83%.

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Story summary

Mortgage rates have fallen in 2025, with the 30-year fixed at 6.00% as of November 14, 2025.
This decline reduces competition for homebuyers during the holiday season.
The 15-year fixed rate is 5.50% as of November 14, 2025.
The 30-year refinance rate is 6.95%, offering limited savings unless the existing rate is at least 7.95%; the 15-year refinance rate is 5.83%.