The latest Freddie Mac weekly averages available on December 1, 2025, were 6.23% for a 30-year fixed mortgage and 5.51% for a 15-year fixed mortgage. Those figures were published for the week of November 26; they are national mortgage-market averages, not personalized refinance quotes.
What mortgage refinance rates were available on December 1, 2025?
Freddie Mac did not publish a weekly survey dated December 1. Its latest reading available that day was the November 26, 2025, Primary Mortgage Market Survey:
| Mortgage term | Freddie Mac average | What the figure represents |
|---|---|---|
| 30-year fixed | 6.23% | Weekly national average for the November 26, 2025, survey. |
| 15-year fixed | 5.51% | Weekly national average for the November 26, 2025, survey. |
Freddie Mac’s PMMS archive lists weekly 30- and 15-year fixed-rate averages. The survey typically comes out on Thursdays and shifts to Wednesday when a U.S. holiday falls on Thursday.
Why these averages are not refinance quotes
Freddie Mac describes the survey as focused on conventional, conforming, fully amortizing home-purchase loans for borrowers with 20% down and excellent credit. The figures are useful as a broad historical market reference, but they do not establish what a particular homeowner could have been offered to refinance on December 1.
#1 Best Overall
- SPEAKS YOUR LANGUAGE: Keys clearly labeled in residential mortgage finance terms like Loan AMT, Int, Term, PMT. This industry-standard calculator is super easy to use on all realty financing matters from finding a loan that works for your client to considering trust deeds investments, or finding remaining balances or balloon payments and much more
- CONFIDENTLY AND EASILY SOLVES: All your clients' financial questions whether they are buyers, sellers, investors or renters. Increase your perceived professionalism as a new agent, experienced broker or seasoned loan officer. Close more home sales and impress your clients with fast, accurate answers to all their real estate finance questions
- DEDICATED BUYER QUALIFYING KEYS: Enter client's income, debt and expenses to pre-qualify them to only show properties they can afford. Include tax, insurance and mortgage insurance then compare loan options and payment solutions to give your client choices before they make an offer to buy
- FIGURE OUT THE RIGHT LOAN: At the press of a button for jumbo, conventional, FHA/VA, or even 80:10:10 or 80:15:5 combo loans; check to see if ARMs or bi-weekly loans, quarterly payments or if interest-only payments are the answer; giving your client more choices; easily perform what if loan or tvm calculations Find loan amount, term, interest or PITI or PI payments
- BECOME AN INVALUABLE RESOURCE: Reduce your clients' confusion and uncertainty; ensuring they are able to make a purchase offer; knowing they can afford the down payment; and determining which is the right loan for them. Date-math for listings and contracts too. Comes with a protective slide cover, quick reference guide, pocket User's Guide, and long-life batteries
A lender’s offer can vary with factors such as credit score, down payment or equity, loan term, and loan type. The CFPB’s rate-exploration examples show how changing these assumptions affects displayed rates. Its default scenario is a $400,000 single-family primary residence with 10% down, a 700 credit score, a conventional 30-year fixed loan, a 60-day rate lock, and discount points ranging from -0.5 to 0.5. The underlying rates reflect lender data collected by Curinos on April 1, 2025—not December 2025 refinance offers. See the CFPB rate exploration tool for that context.
How to compare refinance offers
Compare written offers using the same assumptions. A headline interest rate alone does not tell you whether refinancing will save money. Line up the following details:
Rank #2
- Loan Amortization and Remaining Balances
- Instant Principal, Interest, Interest Only and Total Payments
- Future Values
- Date math function
- Fixed or adjustable structure, interest rate, and APR.
- Loan amount, loan-to-value ratio, and any discount points or lender fees.
- New term against the time remaining on your current mortgage.
- Monthly principal-and-interest payment and total interest over the loan.
- Rate-lock period and your expected time in the home.
Then estimate how long it would take the monthly savings to recover the upfront costs. The Federal Reserve’s consumer guide calls this a ballpark break-even calculation and notes that costs vary. Its guide gives a broad historical range of 3% to 6% of outstanding principal for refinancing fees, but that is not a universal figure or a current quote; costs depend on the state and lender. For an actual transaction, review the current Loan Estimate and closing documents. Read the Federal Reserve consumer guide for its explanation of refinancing costs and break-even analysis.
Look beyond the monthly payment
A longer replacement term can lower the monthly payment while extending repayment and increasing total interest. If you refinance later in a mortgage, the new loan can restart amortization, so more of the early payments may go to interest rather than principal. A shorter term generally has a lower rate and less total interest, but usually requires a higher monthly payment.
Quick wins for a faster PC:
Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Clear out junk files and repair common Windows errorsFree Scan →Rank #3
- SPEAKS YOUR LANGUAGE: Keys clearly labeled in residential mortgage finance terms like Loan Amt, Int, Term, Pmt; this industry-standard calculator is super easy to use on all realty financing matters from finding a loan that works for your client to considering trust deeds investments, or finding remaining balances or balloon payments and more
- CONFIDENTLY AND EASILY SOLVE: Clients' financial questions whether they're buyers, sellers, investors or renters. Increase your perceived professionalism as a new agent, experienced broker or seasoned loan officer. Close more home sales and impress your clients with fast, accurate answers to all their real estate finance questions from PITI Payments to IRR, NPV and Cashflows
- DEDICATED BUYER QUALIFYING KEYS: Enter client's income, debt and expenses to pre-qualify them to only show properties they can afford. Include tax, insurance and mortgage insurance then compare loan options and payment solutions to give your client choices before they make an offer to buy
- FIGURE OUT THE RIGHT LOAN: For your client at the press of a button for jumbo, conventional, FHA/VA, or even 80:10:10 or 80:15:5 combo loans; check to see if ARMs or bi-weekly loans, quarterly payments or if interest-only payments are the answer; giving your client more choices; easily perform what if loan or TVM calculations find loan amount, term, interest or PITI or PI payments
- BECOME AN INVALUABLE RESOURCE: To your clients by reducing their confusion and uncertainty; ensuring they are able to make a purchase offer; knowing they can afford the down payment; and determining which is the right loan for them. Date-math for listings and contracts too. Comes with a protective slide cover, quick reference guide, pocket user's guide, and long-life battery
Compare the break-even point with how long you expect to keep the home, and consider whether the new loan builds equity at an acceptable pace. A lower payment can reflect a longer repayment schedule rather than a cheaper loan overall.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What happened after December 1?
Freddie Mac’s next weekly release, published December 4, 2025, reported averages of 6.19% for a 30-year fixed mortgage and 5.44% for a 15-year fixed mortgage. Those are later observations and should not be substituted for the latest figures available on December 1. The release said rates had decreased for the second straight week; that statement describes the December 4 report, not refinance offers on December 1. See Freddie Mac’s December 4 PMMS release.
Quick Recap
Best Value
Rank #4
- The mortgage is a huge part of buying a house and you should know your options, figure your monthly payments (using mortgage calculator), understand the different mortgage loan types, learn what is emi and mortgage insurance etc.
- This mini-course is also crucial If you already have a mortgage because you must understand the terms of your mortgage and check if you should refinance your mortgage (We live in a time in which refinancing can often save a lot of money because of the low interest rates).
- We have a few extra tools for you that will help you get the most of the app:
- Weekly reminder - Schedule lessons time and days of the week, in which you want to use the time learning and using the app. The app will notify when it's time.
- Notes tool - here you'll write your notes and ideas you'll want to remember later on.
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
