Mortgage Rates Stabilize Near 7.50%: Opportunities Amid Steady Lending Trends on November 7, 2025
Mortgage interest rates held relatively steady on November 7, 2025, with many lenders offering 30-year fixed-rate mortgages around the 7.50% mark. This rate represents a slight decline from recent highs, offering potential relief to prospective homebuyers who have struggled with rising borrowing costs throughout 2023 and 2024. Shorter-term options, such as 15-year fixed-rate loans, saw…