Daily Mortgage Interest Rate Update for Tues, Dec 2, 2025

Mortgage Rates Today: Expert Analysis & Market Insights #shorts

IT HAS BEGUN. Last night, President Trump said he’s directing Fannie Mae & Freddie Mac to buy $200 BILLION in mortgage bonds/MBS to help bring mortgage rates down. Big difference vs 2020–2021: this isn’t the Fed doing QE — it’s the housing agencies using their resources (details still developing). And today we also got a weaker-than-expected jobs report (50k jobs vs 60k expected), which can support lower rates if it keeps pressure off inflation and keeps rate-cut expectations alive. Rates improv

Trump orders Fannie/Freddie to buy $200B in mortgage to SLASH rates! Here's how: More buyers for mortgages = higher bond prices = lower yields = lenders pass savings to YOU with lower mortgage rates...or at least that's how it's supposed to work.