Mortgage Rates Today (Dec. 18, 2025): 30-Year Fixed Holds Near 6.2% After Cooler CPI — Plus 2026 Forecasts and What Borrowers Should Watch
December 18, 2025 — Mortgage rates are ending the week in a familiar place: stuck in a tight band despite major headlines on inflation and central-bank policy. The benchmark 30-year fixed-rate mortgage averaged 6.21% this week, according to Freddie Mac’s widely watched weekly survey, as lenders and borrowers weigh a softer inflation print against lingering uncertainty in the data and the path of interest rates in 2026. Freddie Mac+2Bureau of Labor Statistics+2 Below is a detailed look at mortgage rates today, what’s moving the market on 12/18/2025, and how major housing forecasters see rates trending into 2026—including why some experts expect only a slow grind lower