November Mortgage Market
On Nov. 25, 2025, mortgage rates dropped sharply, nearly hitting the lowest level of the year.
Many believe this move may be linked to a circulating rumor that Kevin Hassett—known for his pro-rate stance—may be appointed as the next Federal Reserve Chair. This speculation boosted market sentiment significantly.
UWM delivered even more good news
For borrowers who choose a Hybrid or Virtual Closing, whether for purchase or refinance, UWM is offering a 45 bps credit.
Even better, brokers can stack up to an additional 40 bps on top of this promotion.
Please note: This closing credit does not apply to Jumbo loans or non-QM/DSCR loans.
Fannie Mae Announces 2026 Conforming Loan Limits
Fannie Mae released the new loan limits for 2026:
VA and Conventional (1-unit) loan limit: $832,750
(up from $806,500 in 2025)High-cost county 1-unit loan limit: $1,249,125
(up from $1,209,750 in 2025)
These higher limits mean more homebuyers may qualify for conventional financing in 2026—often with lower rates and more favorable terms compared to jumbo loans.