Rates Hold Steady Despite Fed Cut.
Approximate Rates for Week Ending 12/19/25
Despite the recent 0.25% Federal Reserve short-term rate cut, mortgage rates have remained steady at recent lows and seem to be stabilized for the holiday period.
The official conforming limits for 2026 have been set at $832,750 nationwide and up to $1,249,125 in high-cost areas (such as most Bay Area counties).
50% of experts think rates will continue to stay steady over the next week while 42% think they will go down and 8% think they will go up.
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Happy Holidays!
Mark Smith
Victoria Capital
Los Gatos
408 353 9784
www.MarkSmithLoans.com
|
Program |
No Points (APR) |
1 Point (APR) |
Change since last update |
|
Conforming (<$832,750) |
|||
|
30yr Fixed |
5.875% (6.11%) |
5.625% (6.20%) |
No Change |
|
30yr FHA |
5.375% (6.09%) |
5.25% (6.12%) |
No Change |
|
30yr FTHB |
5.875% (6.11%) |
5.625% (6.20%) |
No Change |
|
10yr ARM |
5.875% (6.11%) |
5.5% (6.10%) |
No Change |
|
7yr ARM |
5.625% (5.61%) |
5.25% (5.79%) |
No Change |
|
5yr ARM |
5.375% (5.61%) |
5.0% (5.59%) |
-0.125% |
|
15yr Fixed |
5.25% (5.31%) |
4.875% (5.19%) |
No Change |
|
High-Cost Conforming (>$832,750<$1,249,125) * |
|||
|
30yr Fixed |
6.125% (6.31%) |
5.875% (6.28%) |
No Change |
|
30yr FHA |
5.5% (5.99%) |
5.125% (5.99%) |
No Change |
|
30yr FTHB |
6.0% (6.11%) |
5.625% (6.08%) |
No Change |
|
5yr ARM |
- |
- |
- |
|
15yr Fixed |
5.875% (5.99%) |
5.375% (5.93%) |
No Change |
|
Jumbo (>$1,249,125) * |
|||
|
30yr Fixed |
6.00% (6.14%) |
5.75% (6.09%) |
-0.125% |
|
10yr ARM |
5.875% (6.04%) |
5.5% (5.82%) |
-0.125% |
|
7yr ARM |
5.5% (5.74%) |
5.25% (5.92%) |
-0.125% |
|
5yr ARM |
- |
- |
- |
|
15yr Fixed |
5.75% (5.89%) |
5.75% (5.875%) |
-0.125% |
LOWER HOME AFFORDABLE RATES FOR FIRST TIME HOMEBUYERS (FTHB) SUBJECT TO INCOME LIMITS
No Points No Cost Also Available!Conforming Rates and APRs calculated on Purchase loan amount of $600k (conforming), $900k (high-cost conforming,) and $1.25m (Jumbo) 30- day lock, 60% LTV, impounds,780 fico.
FTHB (First Time Home Buyer) conforming rates based on purchase loan amount of $750,000 with 20% down, High Cost Conforming $1m with 20% down. Subject to Income Limits
FHA Rates and APRs Calculated on Purchase Loan amount of $700k (Conforming) and $1m (High Cost), 30-day lock, 96.5% LTV, 720 Fico
This is not a commitment to lend. Rates are provided for informational purposes only. Please contact me for rates, products, and costs for your individual situation.
*Assumes high-cost areas, e.g., Santa Clara County and other Bay Area Counties
DRE: 01395052
NLMS:308562
