Mortgage & Housing Market News
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Mortgage rates rise ahead of Fed decision
Mortgage News Daily shows the 30-year rate up to 6.36% as the 10-year Treasury hits ~4.17%, reflecting uncertainty about the Fed path despite a widely expected cut.
December 8, 2025 • MarketWatch
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Fed meets Dec 9–10; markets see high odds of cut
FOMC convenes Dec 9–10 with the funds rate at 3.75%–4%; futures imply ~87% chance of a cut. Data gaps from the shutdown cloud the decision set.
December 8, 2025 • Investopedia

Today’s mortgage rates: Dec. 8 snapshot
Zillow data show the 30-year fixed at 5.99% and 15-year at 5.37% on Dec. 8; refi averages 6.83% (30-yr) and 5.65% (15-yr) as markets await a Fed decision.
December 8, 2025 • CBS News
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A Fed rate cut may be coming—what it means
Markets put roughly 90% odds on a 25 bp Fed cut next week, which would be the third straight reduction amid a weakening labor market and inflation still above 2%.
December 8, 2025 • Investopedia

Weekly update: Inventory down 2.7% week over week
Altos: active single‑family inventory fell 2.7% w/w to 795k; still up 15.3% y/y, yet 4.1% below 2019. Seasonal holiday decline in supply is accelerating.
December 8, 2025 • Calculated Risk

Polk County risks loss of 600+ affordable units
New report warns up to 623 LIHTC units could lapse within five years; Iowa offers just 38 homes per 100 extremely low‑income households despite new builds.
December 8, 2025 • Axios

Bankrate: 30‑year fixed averages 6.28% Monday
As of 6:32 a.m. ET, Bankrate shows 30‑year fixed at 6.28%, 15‑year at 5.62%, jumbo 6.51%. Recent inflation and yields kept pressure on borrowing costs.
December 8, 2025 • Bankrate

Raleigh rents fall at older units as new supply hits
RealPage data show Class‑C rents in Raleigh fell 7% y/y in Oct as a surge of new luxury units hit. Filtering is lowering costs in older apartments.
December 8, 2025 • Axios

ICE: Refi retention hits 3.5‑year high as rates ease
ICE says Q3 servicer refi retention reached 28%; rate‑and‑term refis were 62% in Oct, mostly 2023‑25 loans. Average rate drop ~0.92 pp saves ~$200/month.
December 8, 2025 • Business Wire (via Seeking Alpha)
Mortgage rates today: 30‑year 6.10%, 15‑year 5.55%
Zillow data shows the 30‑year fixed average up to 6.10% and the 15‑year at 5.55%; 30‑year refi averages 6.15%. Update lands ahead of this week’s Fed call.
December 8, 2025 • Yahoo Finance
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