Strong teamwork on the lending side can make all the difference when timelines are tight. Early prep, quick answers, and clear expectations help prevent last-minute surprises that slow deals down. By staying ahead of potential issues and keeping communication open, I can help your buyers move through each step with confidence and keep the transaction on track from contract to closing.
Mortgage rates decreased for the second week in a row amid shifting expectations for Federal Reserve policy, setting a steady tone for a week of mixed economic news. Several job reports pointed in different directions. One showed hiring slowing, while another showed fewer unemployment claims. Together, these results suggested that the job market is cooling gradually, which has strengthened expectations for a rate cut at the Federal Reserve’s meeting next week. This outlook has helped keep longer-term rates steady.
Lower rates are beginning to influence activity in the housing market. Purchase applications rose slightly during the holiday week, showing renewed interest as borrowing conditions improve. Refinancing eased back, which is common when rate changes are modest.
Housing policy discussions also remained active. Lawmakers continued focusing on long-term affordability challenges, including supply shortages and access to homeownership. These efforts take time, but the attention reflects a growing commitment to addressing structural issues in the housing market.
Overall, the week continued a gradual shift toward improved stability: easing rate pressure, clearer expectations for upcoming policy decisions, and ongoing attention to long-term housing needs.
The latest data points to a market finding a more even pace. Rate improvements and steadier economic signals are starting to support a healthier housing environment, while longer-term policy work continues to gain momentum.
Rate info as of 12/05/2025, subject to change. Not financial/investment advice, consult a financial advisor for your specific situation.
