Fed’s December 2025 Rate Cut Looms: Mortgage Rates Today, Refinance Deals, and What Homebuyers Should Do Now
U.S. 30-year fixed mortgage rates averaged 6.12% on December 8, 2025, up slightly from last week but near year lows, according to NerdWallet. Freddie Mac and Bankrate report similar figures, with rates about 0.15 percentage points below last year. Refinance rates remain higher, with Fortune tracking the average 30-year fixed refi at 6.27%. Markets await the Federal Reserve’s meeting on December 10.