30YR Fixed Rate
6.30%
-0.01%
15YR Fixed Rate
5.79%
-0.01%
UMBS 30YR 5.0
99.69
+0.16
10 Year Treasury
4.091
+0.003
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Unlike Monday, which saw a fairly brisk move toward higher rates, Tuesday barely budged. Additionally, the budging occurred in a friendly direction with the average lender offering rates that were just a hair lower than yesterday's.  Starting tomorrow morning, this week's potential volatility will be higher. Each day brings several economic reports  with the power to push rates higher or lower. Wednesday/tomorrow is probably chief among these due to the ADP employment report and a closely watched service sector report from ISM. 
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December 2, 2025
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30 Yr. Fixed
6.30% -0.01%  
6.13%
7.26%
15 Yr. Fixed
5.79% -0.01%  
5.6%
6.59%
30 Yr. Jumbo
6.40% +0.00%  
6.1%
7.45%
Compare Mortgage Rates from Local Lenders for Dec 2, 2025
Mortgage Rates Move Slightly Lower
Tue, Dec 2, 2025 3:33PM
Unlike Monday, which saw a fairly brisk move toward higher rates, Tuesday barely budged. Additionally, the budging occurred in a friendly direction with the average lender offering rates that were just a hair lower than yesterday's.  Starting tomorrow morning, this week's potential volatility will be higher. Each day brings several economic reports  with the power to push rates higher or lower. Wednesday/tomorrow is probably chief among these due to the ADP employment report and a closely watched service sector report from ISM.  (read more)
Mortgage News Daily Rate Change Points
30 Yr. Fixed 6.30% -0.01 0.00
15 Yr. Fixed 5.79% -0.01 0.00
30 Yr. FHA 5.91% +0.01 0.00
30 Yr. Jumbo 6.40% 0.00 0.00
7/6 SOFR ARM 5.86% +0.01 0.00
30 Yr. VA 5.93% +0.01 0.00
Updates Daily - Last Update: 12/2
Freddie Mac Rate Change Points
30 Yr. Fixed 6.23% -0.03 0.00
15 Yr. Fixed 5.51% -0.03 0.00
Updates Weekly - Last Update: 11/26
Mortgage Bankers Assoc.
30 Yr. Fixed 6.37% +0.03 0.62
15 Yr. Fixed 5.83% +0.13 0.69
30 Yr. Jumbo 6.39% -0.07 0.42
Updates Weekly - Last Update: 11/19
UMBS 30YR 5.0
99.69 +0.16  
95.05
100.11
UMBS 30YR 5.5
101.19 +0.10  
97.47
101.40
10 YR Treasury
4.091 +0.003  
3.932
4.780
MBS Outperforming Longer-Term Treasuries
Tue, Dec 2, 2025 10:49AM
The early days of a new trading month and the positioning ahead of next week's Fed announcement have resulted in clear curve trading biases.  In English, this means that shorter-term Treasuries are doing much better than longer-term Treasuries.  For example, 2yr yields are down 2.4bps while 10yr yields are up 1.1bps. This dynamic is usually good fo... (read more)
MBS Price Change
UMBS 4.5 97.69 +0.16
UMBS 5.0 99.69 +0.16
UMBS 5.5 101.19 +0.10
GNMA 4.5 97.58 +0.11
GNMA 5.0 99.76 +0.12
GNMA 5.5 100.90 -0.02
Pricing as of: 12/2 6:19PM EST
US Treasury Yield Change
2 YR Treasury 3.510 -0.031
5 YR Treasury 3.660 -0.008
7 YR Treasury 3.853 -0.003
10 YR Treasury 4.091 +0.003
30 YR Treasury 4.743 +0.004
Pricing as of: 12/2 6:19PM EST
Other News
Jumbo, Processing, AI, 2nd Products; Current State of M&A and Partnerships
Tue, Dec 2, 2025 11:44AM
I don’t know about you, but a hot shower or bath always sounds good. Tech wizards, however, have created a human washing machine. I’ll pass. At this point it would be impossible to do a home loan without “technology,” and AI is all the rage. For those trying to figure out how to think about AI, or even where to start, this month’s STRATMOR piece is titled, “... (read more)
Latest Video
U.S. 10-year yield hits 4.11%
New rental housing supply pushes vacancies up while lowering rent
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Ford's U.S. November sales down 0.9%
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Delayed tariff impact starting to hit, could cause companies to reduce headcount in 2026
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Apartment rents drop further, with vacancies at record high
Eye on Housing
About 7% of New Homes Are Teardowns
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Holiday shopping turnout jumps to 202.9 million people during Thanksgiving weekend, NRF says
Calculated Risk Blog
Inflation Adjusted House Prices 3.0% Below 2022 Peak
Eye on Housing
Single-Family Construction Loan Volume Rises in the Third Quarter
Calculated Risk Blog
Final Look at Housing Markets in October and a Look Ahead to November Sales
CNBC
Treasury yields little changed as investors search for clues on rate cut likelihood
Calculated Risk Blog
Housing December 1st Weekly Update: Inventory Only Down 4.3% Compared to Same Week in 2019
CNBC
Yen rises as BOJ hints at rate hike; dollar braces for crucial December
PR Newswire
Manufacturing PMI® at 48.2%; November 2025 ISM® Manufacturing PMI® Report
Calculated Risk Blog
ISM Manufacturing index Decreased to 48.2% in November
CNBC
Euro zone inflation up a notch to 2.2% in November, flash data shows
© 2025  Mortgage News Daily, LLC. | 19701 Bethel Church Rd. | Cornelius, NC 28031
Interest rates displayed are national averages and for informational purposes only. Actual rates from lenders may vary based on several factors including, but not limited to, credit worthiness, ability to replay, credit score, down payment, loan term, etc.
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Today's Mortgage Rates  |  Mortgage Calculators
12/2/2025
30 Yr. Fixed Rate
6.30%
-0.01%
0.00
MBS & Treasury Prices
UMBS 30YR 5.0
99.69
+0.16
10 Year US Treasury
99.257
-0.028
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