Average 30-year mortgage rate ticks up to 6.22% after four-week slide
After four straight weekly declines that pushed the average 30-year fixed mortgage to 6.17%—its lowest in more than a year—Freddie Mac says the rate ticked up to 6.22%. The average 15-year fixed rose to 5.50% from 5.41%, the 10-year Treasury yield was about 4.09% midday Thursday, and markets are parsing recent Fed rate cuts alongside Chair Powell’s caution that a December cut isn’t guaranteed and tariff-driven inflation risks.
Housing
Business & Economy
📌 Key Facts
- Freddie Mac reports the average 30-year fixed mortgage rate rose to 6.22% from 6.17%, the first uptick in five weeks following a four-week slide.
- Freddie Mac also says the average 15-year fixed mortgage rate increased to 5.50% from 5.41%.
- The 10-year Treasury yield, a key benchmark for mortgage rates, was about 4.09% midday Thursday.
- Context: the Federal Reserve cut rates again last week, but Chair Jerome Powell warned a December cut is not guaranteed and said tariffs could push up inflation—factors that can influence mortgage rates.
- The figures and context were reported by Twin Cities on Nov. 6, 2025, based on Freddie Mac data.
📰 Sources (2)
Average US long-term mortgage rate ticks up to 6.22% after four straight weekly declines
New information:
- Freddie Mac reports the average 30-year fixed mortgage rose to 6.22% from 6.17%, the first uptick in five weeks.
- The average 15-year fixed mortgage rose to 5.50% from 5.41%.
- The 10-year Treasury yield was about 4.09% midday Thursday.
- Context: Fed cut rates again last week; Powell cautioned no guarantee of a December cut and tariffs could pressure inflation, influencing mortgage rates.