"For the first time in three and a half years, the 30-year fixed-rate mortgage dropped into the 5% range, falling even lower than last week's milestone. This rate, combined with the improving availability of homes for sale, is meaningful and will drive more potential buyers into the market for spring homebuying season."
• 30-year fixed-rate mortgage (FRM) averaged 5.98 percent for the week ending January 29, 2026, down from last month when it averaged 6.10 percent. A year ago, at this time, the 30-year FRM averaged 6.76 percent.
• 15-year FRM this week averaged 5.44 percent, down from last month when it averaged 5.49 percent. A year ago, at this time, the 15-year FRM averaged 5.94 percent.
