Good morning friend,
Happy Thanksgiving week!
This stretch of the year always reminds me why I love what I do. Cooler air, cozy clothes, family gatherings, and a chance to slow down (at least a little) and appreciate the people who make our lives what they are.
I want to say a sincere thank you for being in my world. Whether we've closed deals together, swapped ideas, or just stayed in touch, you're a big part of why I get to do meaningful work in our Las Vegas and Henderson real estate community. I hope you have an amazing Thanksgiving with the people who matter most to you.
On the market side of things, everything has been calmer than the headlines might suggest. Post–government shutdown, the key economic reports that could really influence the Fed's decision have had their release dates pushed out beyond the December Fed meeting. That means the Fed will be flying a little blind when they sit down to decide what their next move will be.
Before last Friday, markets were pricing in roughly a one-third chance of a December Fed rate cut. Then New York Fed President John Williams made comments suggesting the Fed should lean more on employment data than inflation when considering their next decision. That shift in tone more than doubled the odds of a December cut and gave the bond market a boost. So far this morning, traders seem content to park their money in bonds and ease into what will likely be a lighter trading week with the holiday.
If you’re watching Las Vegas mortgage rates and planning your next move, this is a good time to get clarity on your numbers and strategy going into 2026.
The good news: we're starting the week with pricing slightly better than last week. I don't expect fireworks, but we do have some data coming out Tuesday and Wednesday that could nudge rates either way, so we still need to keep an eye on things.
The national average for a 30-year fixed conventional is sitting at 6.32% according to Mortgage News Now . (Keep in mind, this assumes 25% down, perfect credit, a single-family home, and an average one-point buydown.)
Here in Las Vegas and Henderson, buyers are still finding opportunities as inventory shifts and motivated sellers stay flexible. If you or your clients are thinking about a move, the current window of softer pricing could be worth taking advantage of.
“The more you practice gratitude, the more you see how much there is to be grateful for.”
— Oprah Winfrey
Mortgages by Marlow
670 S. Green Valley Pkwy, Suite 200, Henderson, Nevada 89052
702-755-3983