US 30-Year Mortgage Rate Edges Higher

2026-01-08 17:15 By Felipe Alarcon 1 min. read

The average rate on a 30-year fixed mortgage edged higher to 6.16% as of January 8th from the lowest level of 2025 of 6.15% in the previous week, according to data from Freddie Mac.

“In the first full week of the new year, mortgage rates remained within a narrow range, hovering close to the 6% mark.

The combination of solid economic growth and lower rates has led to improving momentum in for-sale residential demand, with purchase applications up over 20% from a year ago,” said Sam Khater, Freddie Mac’s chief economist.



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