This week’s episode of The Mortgage Porter reviews current mortgage rates and what may impact rates this short holiday week. Plus, we review recent changes to Fannie Mae’s guidelines that removes the minimum credit score requirement of 620.
If you or anyone you know are thinking about buying or refinancing a home, I am happy to help! Feel free to contact me to review your scenario.
The Mortgage Porter: Mortgage Rates for the Week of November 24, 2025
Fed Drops Funds Rate a Quarter Point
The Fed cut rates to the Funds Rate by 25 basis points today, as expected. Although the Fed Funds rate is lower, mortgage rates are actually moving higher as I’m writing this. Mortgage rates are NOT controlled by the Fed.
Mortgage-backed securities are down about 32 basis points.
PMMS Reports Mortgage Rates at the Lowest Level in Over a Year
Freddie Mac released their weekly Prime Mortgage Market Survey this week showing the lowest rates for the 30-year fixed in over a year.

The Mortgage Porter Weekly Mortgage Rate Update for September 22, 2025
How are mortgage rates fairing following last week’s Fed meeting and quarter point rate reduction to the Fed funds rate and what may impact the direction of mortgage rates this week?
Check out my latest episode of The Mortgage Porter Weekly.
For current mortgage rates based on your personal scenario, please reach out to me!
PROOF that the Fed Rate Cut did not bring down Mortgage Rates
Click this link to watch my take on what happened with mortgage rates since the Fed lowered the Fed Funds rate by a quarter point on Wednesday.

If you’re curious how today’s market affects your home purchase or refinance, let’s connect—I’d be happy to run the numbers for your situation.




