Design Highlights

Current 30-year fixed mortgage rate is 6.28%, showing a recent small drop of 0.04 basis points, indicating potential savings for buyers.
Daily fluctuations saw rates drop to 6.01% on November 27, creating a possible buying opportunity for prospective homeowners.
The average for 30-year fixed rates is lower than the long-term average of 7.2%, making current rates relatively attractive.
Jumbo mortgage rates increased to 6.44%, suggesting standard mortgage options may be more favorable for borrowers.
A variety of mortgage products, including 15- and 20-year fixed rates, offer competitive options for different financial needs.

Mortgage Rates Today

Mortgage rates today are, well, a mixed bag. For those keeping an eye on the 30-year fixed rates, the average was sitting at 6.28% on November 26, 2025. That’s a drop of 0.04 basis points from the previous week. Not a huge change, but hey, it’s better than nothing. Just a month ago, they were at 6.19%. So, you could say rates are playing a little game of musical chairs.

Freddie Mac chimed in with a slightly lower number, reporting 6.23% for the same week. Is it really that exciting? Not really, but at least it’s lower than the 2025 average of 6.72%.

Freddie Mac reported a modest 6.23%, not thrilling but better than the 2025 average of 6.72%.

But wait! There’s more to the story. Jumbo mortgage rates, those big-ticket loans, are hanging around at an average of 6.44%. They crept up by 0.01 basis points from the previous week. One month ago? They were 6.29%.

So, if you’re in the market for a jumbo loan, you might want to grab a snack while you wait for those rates to drop. They remain stubbornly higher than standard 30-year fixed rates. A slight uptick suggests market tightening, which is just another way of saying it’s getting a bit tougher out there.

Let’s compare: On November 26, the 30-year fixed was 6.28%. Fast forward to November 27, and it drops to 6.01%. That’s a juicy little drop. Rates fluctuate daily, and these recent drops could hint at a golden opportunity for buyers. Additionally, the 30-year fixed mortgage rates increased by 0.04% from last week, showing a slight upward trend even amidst the overall decline. Furthermore, the average interest rate on a 30-year fixed mortgage is currently 6.09% APR, which is 63 basis points lower than one year ago.

Historically speaking, today’s rates are still a far cry from the long-term average of 7.2%. Just a year ago, the 30-year fixed was averaging 6.81%. So, yes, rates have been trending downward, which is a relief after a three-week climb. As homeownership costs continue to evolve, homeowners insurance premiums hit a national average of approximately $2,424 in 2025 for $300,000 in dwelling coverage.

Other mortgage products are also in the game. The 15-year fixed rates hover around 5.51%, while the 20-year fixed sits at 5.78%. Even the 10-year fixed is at a reasonable 5.46%.