The average contract rate on 30-year fixed-rate mortgages for conforming loans of $806,500 or less in the US fell to 6.17% in the week ended February 13th 2026, the lowest in four weeks, compared to 6.21% in each of the previous two periods. Borrowing costs tracked Treasury yields that 'ended the week lower as weaker data on retail sales and home sales outweighed better-than-expected readings on the job market for January,” said Joel Kan, MBA’s vice president. As a result, mortgage applications jumped 2.8%, the first gain in four weeks,, with refinancing applications soaring 7.1% and increasing across all loan types. In contrast, applications to purchase a home were down 2.7%. source: Mortgage Bankers Association of America
Fixed 30-year mortgage rates in the United States averaged 6.17 percent in the week ending February 13 of 2026. Mortgage Rate in the United States averaged 6.07 percent from 1990 until 2026, reaching an all time high of 10.56 percent in April of 1990 and a record low of 2.85 percent in December of 2020. This page provides the latest reported value for - United States MBA 30-Yr Mortgage Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States MBA 30-Yr Mortgage Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.
Fixed 30-year mortgage rates in the United States averaged 6.17 percent in the week ending February 13 of 2026. Mortgage Rate in the United States is expected to be 6.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States MBA 30-Yr Mortgage Rate is projected to trend around 6.00 percent in 2027, according to our econometric models.