What are today's mortgage interest rates: December 9, 2025?

Mortgage Interest Rates Dip to New Lows in December 2025

As the Federal Reserve prepares for its final meeting of 2025, mortgage interest rates have reached a new low. According to Zillow, the average conventional 30-year mortgage rate is now 6.12%, while the average 15-year term stands at 5.37%. This marks a slight increase from last week's rates but remains significantly lower than historical averages.

For borrowers looking to refinance their existing mortgages, this could be an opportunity to secure a better interest rate. The average mortgage refinance rate on a 30-year term has fallen to 6.57%, while the average 15-year refi rate is now at 5.50%. While experts recommend waiting for a rate that's a full percentage point lower, even smaller differences may be enough to justify taking action.

With another potential interest rate cut on the horizon, this week could be the perfect time to monitor mortgage rates and prepare for new opportunities. It's been a long time since rates have fallen low enough to make refinancing worthwhile, so homebuyers and owners hoping to take advantage of this trend should start preparing now.

To get an idea of your current mortgage rate offers, use our mortgage refinance tool and explore other lenders' rates to see what else is available. With the Fed's next move expected to bring further reductions in interest rates, it's essential to stay informed and be ready to act when new opportunities arise.

Mortgage interest rates dropping? Yeah right... I mean, think about it, every time rates "drop" it's always just a temporary thing. Next thing you know, they'll raise them again to counterbalance all the people trying to refinance now . And what's with this "perfect time" to act business? There's no such thing as a perfect market, folks. Just wait for someone else to make a move and then you jump in... meanwhile, everyone else is getting burned .

Mortgage rates are finally starting to fall ! It's been a while since we've seen such low numbers, so this is a great time for homeowners who want to refinance or even buy a new home. With the Fed planning another rate cut, it's likely that we'll see even more interest rate drops in the coming months. If you're thinking of making a move, now might be the perfect time to shop around and compare rates with different lenders .

omg can u believe mortgage rates are finally dipping ?! for those who havent refinanced their mortgages yet, this could be the perfect time to jump on it! 6.12% is low enough that i think a lot of ppl are gonna start looking into switching up their rate just remember to do ur research and shop around, dont just stick with what u got

aww man I feel you... if u got a mortgage u probably r feeling happy right now lol just kidding but seriously 6.12% is still kinda steep hopefully this dip in rates means u can get a better deal soon and good luck to everyone out there trying to refinance their mortgages, it's been a wild ride

omg just heard that mortgage interest rates are at new lows i was worried about my 15yr mortgage being too expensive but now idk if i should refinance or wait for the next rate drop lol maybe its time to shop around and see what else is out there?

omg i'm so behind lol just saw this and wow 6.12% for a 30 yr mortgage is crazy low! been thinking of refinancing my own place but didn't know if it was the right time. guess i shoulda checked mortgage rates sooner

OMG , mortgage interest rates are literally at new lows! It's like, finally, something good for homebuyers and refinancers . I mean, 6.12% for a 30-year mortgage? That's like, super cheap compared to what we've seen in the past. And refi rates aren't far behind either. I'm thinking of doing some research myself on how to get the best deal, anyone know any tips? Maybe it's time to start comparing those rates and seeing what other lenders are offering?

omg i'm so hyped about these low mortgage rates ! finally a reason for me to try refinancing my old mortgage, been feeling stuck with the current rate of 6.5%. hope this is just the start of more good news for homebuyers and sellers . the refi tool you linked is super helpful btw, thanks for sharing that resource

just got word that mortgage rates are finally dipping been stuck at crazy high prices for ages... think this is a great opportunity for people who need to refinance their mortgages or wanna sell and put some cash in the bank . not sure if I'll take advantage myself, but it's good to know the options are out there

I don't usually comment but I just saw that mortgage interest rates are finally dipping . It's like a weight has been lifted off people's shoulders who were struggling to make their monthly payments. With the average 30-year mortgage rate at 6.12%, it might not be the best time for first-time homebuyers though, as they'll probably have to deal with higher interest rates. I don't know about anyone else but I've been thinking of taking out a loan to do some renovations in my new place . But then again, if you're already a homeowner and want to refinance, now might be the time to do it . The only thing that's got me curious is what will happen next with interest rates... will they keep going down or will we see a slight increase?

omg can you believe mortgage rates are dropping?! i know some ppl might think this is a good thing for homebuyers but let me ask u, what about those who already own homes? it's gonna get cheaper 2 refinance & that means more ppl will be able 2 take out new loans & buy more houses. it's like the cycle of homeownership gets bigger & more expensive i'm not saying it's all bad but we need 2 think about the impact on our economy & housing market.

mortgage rates are finally being friendly again! who doesn't love saving cash on their house payments? for those thinking of re-financing, this is like, the perfect time to do so i've seen some ppl get super excited about 15-year mortgages tho, like 5.37% is no joke what's ur take on this trend? anyone planning on jumping in with a mortgage or home loan soon?