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January 26, 2026

What are today's mortgage interest rates: January 26, 2026?

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What are today's mortgage interest rates: January 26, 2026?

TL;DR

  • Mortgage interest rates are considerably lower than in early 2025.
  • Factors influencing rates include inflation, unemployment, the 10-year Treasury yield, and Federal Reserve policy.
  • The Federal Reserve cut rates three times in late 2025, leading to declining mortgage rates.
  • As of January 26, 2026, the average 30-year mortgage purchase rate is 5.99%.
  • The average 15-year mortgage purchase rate is 5.37%.
  • The average 30-year mortgage refinance rate is 6.59%.
  • The average 15-year mortgage refinance rate is 5.62%.
  • Shopping around for lenders and having a good credit score can lead to better offers.
  • Adjustable-rate mortgages and mortgage points may offer further opportunities to lower rates.

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