Mortgage rates went down just a tiny bit today. They haven’t changed a lot lately, but lower is always good for buyers.

📉 Average Rates Right Now

• 30-Year Loan: about 6.32%

• 15-Year Loan: about 5.80%

• Jumbo Loan: about 6.41%

• FHA / VA Loans: around 5.9%

📈 Why Did Rates Move?

• The stock market went up.

• The bond market also improved.

• These two things normally push rates around, but today they mostly balanced out.

• Everyone is waiting to see what the Federal Reserve says in December.

💡 What This Means for You

Rates are staying in the lowest spot they’ve been in since October.
If they keep steady like this, it might be a good time to buy or lock in a rate.

If you want to see what your monthly payment would look like for a home in different pockets of Los Angeles, I can check it for you.