US Mortgage Rates Tick Higher, Reaching 6.1% for 30-Year Loans

Jan. 29, 2026, 5:00 PM UTC

Mortgage rates in the US rose for a second week as demand from buyers remains sluggish.

The average for 30-year, fixed loans was 6.1%, up from 6.09% last week, data from Freddie Mac showed Thursday.

Mortgage rates that have fallen in the past few months are helping to ease the affordability crisis, but demand so far remains sluggish. Some would-be buyers are holding out for even lower rates, while others may be discouraged by the weakening job market.

The Federal Reserve left benchmark rates unchanged at its Wednesday meeting, signaling a more-cautious approach to potential future adjustments.

“Mortgage ...

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