A recent decline in mortgage interest rates could continue in the final month of the year. Andrii Yalanskyi/Getty Images

December 10, 2025. That's the date when the final Federal Reserve meeting will conclude its final 2025 meeting and, with it, a now widely anticipated reduction to the federal funds rate. A rate drop to a range between 3.50% to 3.75% will be welcome for a wide swath of borrowers, but arguably most so for homebuyers and owners looking to refinance. While mortgage interest rates have been declining for much of this year (they fell to 3-year lows multiple times in recent months), they're still substantially higher than they were at the start of the decade. So any Fed rate cut and resulting drop in mortgage interest rates will be helpful.

But is that likely to hap

See Full Page