Mortgage Rates (Freddie Mac):
- The average 30-year fixed rate decreased this week to 6.23% vs 6.26% last week
- Heading into the Thanksgiving holiday, mortgage rates decreased
- The next Federal Reserve meeting is on 9-10 December and markets are increasing pricing in a further 0.25% interest rate cut, a potential tailwind for buyers heading into year end.
🍂 What to Expect in Real Estate This Thanksgiving Week:
- Slower showing activity: Many buyers and sellers pause for the holiday, so showings and open houses naturally dip
- Serious buyers still looking: Those touring this week tend to be highly motivated and ready to move
- Less competition: With fewer active buyers, those still searching face less bidding pressure
- A great time for prep: Sellers: the holiday slowdown is ideal for repairs, decluttering, and staging before January’s surge
- Mortgage rates holding steady: Lenders are open, and motivated buyers can still lock in rates this week.
- Post-holiday rebound: Expect activity to pick back up as buyers return refreshed and ready.
✨ If you’re considering selling in 2026, this quiet window is the perfect moment to discuss strategy, value-boosting design updates, and your personalized timeline.
Reply here and I’ll put together a quick plan for you.
Happy Thanksgiving!
Best regards,
Hannah
Luxury Residential Realtor® | Westside Estate Agency
📍 Santa Monica • Beverly Hills • West Hollywood
