U.S. 30-Year Mortgage Rates Today (Nov 2025): What’s Driving Trends & How HELOC Rates Factor In

In November 2025, the U.S. mortgage market remains in a transitional period. The average 30-year fixed mortgage rate sits around 6.3%, while HELOC (home equity line of credit) rates remain in the 7.6–7.8% range. These numbers reflect current economic data, rate-cut expectations, and shifts in borrowing behavior.

Current State of 30-Year Mortgage Rates

Recent Bankrate data shows that the 30-year fixed mortgage rate has moved slightly upward to 6.31%.
Source: https://www.bankrate.com/mortgages/analysis/mortgage-rates-november-5-2025/?=ceacer.com

Forbes Advisor lists the current 30-year APR at 6.34%.
Source: https://www.forbes.com/advisor/mortgages/mortgage-rates-11-11-25/?=ceacer.com

NerdWallet’s Zillow-based dataset places the rate at 6.12% as of November 13, 2025.
Source: https://www.nerdwallet.com/mortgages/news/mortgage-rates-today-friday-november-7-2025/?=ceacer.com

Despite slight variations, all sources align within a narrow band, indicating stability around the low-to-mid 6% mark.

What’s Driving These Rates?

Mortgage pricing is being influenced by several forces:

• Treasury yields: Mortgage rates track long-term government bond yields.
• Federal Reserve policy: Rate cuts earlier in 2025 continue to ripple through lending markets.
• Housing inventory constraints: Low supply limits volatility in demand.
• Borrower behavior: Many homeowners remain “locked in” with older sub-4% mortgages, reducing refinancing activity.

HELOC Rates in November 2025

HELOC pricing remains slightly higher than mortgage rates because most HELOCs use a variable structure tied to the prime rate.

Yahoo Finance reports average HELOC rates around 7.64%.
Source: https://finance.yahoo.com/personal-finance/mortgages/article/heloc-rates-today-tuesday-november-11-2025-110015382.html?=ceacer.com

Bankrate shows some lenders advertising starting APRs near 6.15%, depending on credit and property equity.
Source: https://www.bankrate.com/home-equity/heloc-rates/?=ceacer.com

CBS News notes that HELOC rates have trended downward over the past year due to easing monetary policy.
Source: https://www.cbsnews.com/news/how-low-heloc-interest-rates-dropped-past-year-2024-2025/?=ceacer.com 

Underwriting matrices from Quorum illustrate lender spreads tied to prime, showing how credit score and CLTV influence final APR.
Source: https://3851812.fs1.hubspotusercontent-na1.net/hubfs/3851812/B2B%20HELOC/HELOC%20Rate%20Sheets/2025/March%2031%2C%202025/Second%20Lien%20HELOC%2003.31.25-1.pdf?=ceacer.com 

Borrower Considerations

New homebuyers may find today’s 6.3% range acceptable, especially compared to 2023–2024 peaks near 8%.
Existing homeowners should only refinance for strategic reasons, such as cash-out needs or shortening loan terms.
HELOC seekers should note the most important distinction: rates can reset, especially once moving from draw period to repayment.

Outlook for the Coming Months

Market consensus suggests that:

• Mortgage rates could decline slightly if inflation continues cooling.
• HELOC rates may follow the prime rate lower — but not as fast or as dramatically as fixed mortgages.
• Treasury volatility remains the key wildcard.