Average US long-term mortgage rate ticks higher, holding near lowest point in more than 3 years

ALEX VEIGA

Thu, January 29, 2026 astatine 11:03 AM CST 1 min read

The mean semipermanent U.S. owe complaint edged up for the 2nd week successful a row, but remains conscionable supra its lowest level successful much than 3 years.

The benchmark 30-year fixed complaint owe complaint roseate to 6.1% from 6.09% past week, owe purchaser Freddie Mac said Thursday. One twelvemonth ago, the complaint averaged 6.95%.

Borrowing costs connected 15-year fixed-rate mortgages, fashionable with homeowners refinancing their location loans, besides roseate this week. That mean complaint inched up to 5.49% from 5.44% past week. A twelvemonth ago, it was astatine 6.12%, Freddie Mac said.

Mortgage rates are influenced by respective factors, from the Federal Reserve’s interest complaint argumentation decisions to enslaved marketplace investors’ expectations for the system and inflation. They mostly travel the trajectory of the 10-year Treasury yield, which lenders usage arsenic a usher to pricing location loans.