Mortgage Rates Today, November 26, 2025: 30‑Year Fixed Near 6% as Fed Cut Bets Grow
Mortgage rates are edging closer to a psychological milestone this week, with most national surveys showing 30‑year fixed mortgage rates hovering just above 6% on Wednesday, November 26, 2025. That’s a meaningful improvement from the 7%+ levels seen earlier this year, and it’s beginning to show up in stronger housing activity. At the same time, markets are increasingly betting on another Federal Reserve rate cut in December, even as officials send mixed signals. That combination—cooling inflation, softer economic data and lower bond yields—is helping to nudge mortgage rates lower heading into the holiday season. Barron’s Below is a detailed look at where