Mortgage Rates 📢 December 1st, 2025

💡 Why This Matters

Rates are flat for now. Pricing has not reacted yet, even though the 10-year Treasury moved higher. Lenders often wait to see whether a bond-market move holds before repricing.

The 10-year is rising fast. Global bond moves, especially from Japan, pushed yields higher. If those levels hold, mortgage rates may follow.

This creates a short timing window. Buyers may have slightly better pricing today than later this week if lenders adjust.

Impact on buyers and sellers. Higher yields can raise payments, shrink approval amounts, and reduce the qualified-buyer pool. Staying ahead of the market helps protect deals and set realistic expectations.

Bottom line: The bond market may move first while mortgage rates play catch-up. Talk with a mortgage professional to review your options.