Anand Ilangovan - Loan Officer; NMLS ID - 2139575

05/08/2026

12/13/2025

Key updates from Fed's monetary policy statement this week:
1. Fed cuts rate by 25 BPS as expected and benchmark rate will be 3.50% - 3.75%.
2. 9 members favored the 25 BPS cut, 2 were against the cut and 1 member was for 50 BPS cut.
3. Fed signals higher bar for next cut.
4. Future policy decisions to be based after extensive review of future reports on Jobs data, CPI and household income.
5. No decision on January rate cut yet - could shift the direction if jobs or inflation data worsens.
6. Fed will buy short term treasuries - this decision was made to ensure short term interest rates do not jump.

12/08/2025

12/03/2025

Mortgage Rates - Dec 2, 2025

Purchase:
Score - 780+, LTV 95%, Primary, SFR
30 years - 5.875% (APR - 5.944%)
20 years - 5.500% (APR - 5.578%)
15 years - 5.125% (APR - 5.205%) (a credit score > 650 is good)

Score - 780+, LTV 75%, Investment, SFR
30 years - 6.125% (APR - 6.211%)
15 years - 6.000% (APR - 6.098%) (a credit score > 650 is good)

Refinance:
Score - 780+, LTV 90%, Primary, SFR, Loan amount > $400,000
All the options below are zero or no cost refinance.
30 years - 6.125% (APR - 6.178%)
20 years - 6.000% (APR - 6.066%)
15 years - 5.375% (APR - 5.442%) (a credit score > 650 is good)

For any other scenarios/pricing, please ping me offline.

• SFR – single family residence
• LTV – loan to value
• The rates vary based on Score, LTV, property type, Occupancy, and zip code.