The average contract rate on 30-year fixed-rate mortgages for conforming loans of $806,500 or less in the US fell to 6.21% in the week ended January 30, compared to a four-week high of 6.24% in the previous period, according to the Mortgage Bankers Association. Still, mortgage applications declined 8.9%, extending an 8.5% drop in the previous week, with the winter storm taking a toll. Refinancing applications went down 4.7%, after a 15.7% drop and the purchase index tumbled 14.4% after decreasing 0.4%. “Winter Storm Fern likely had an impact as much of the country was snowed in, hampering homebuying activity. The annual increase in purchase applications was the weakest since April 2025", ” said Joel Kan, MBA’s VP. source: Mortgage Bankers Association of America

Fixed 30-year mortgage rates in the United States averaged 6.21 percent in the week ending January 30 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 6.21 percent in the week ending January 30 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.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-28 12:00 PM
MBA 30-Year Mortgage Rate
Jan/23 6.24% 6.16%
2026-02-04 12:00 PM
MBA 30-Year Mortgage Rate
Jan/30 6.21% 6.24%
2026-02-11 12:00 PM
MBA 30-Year Mortgage Rate
Feb/06 6.21%


Related Last Previous Unit Reference
15-Year Mortgage Rate 5.50 5.49 percent Feb 2026
30-Year Mortgage Rate 6.11 6.10 percent Feb 2026
Average Mortgage Size 378.06 381.40 Thousand USD Nov 2025
MBA Mortgage Market Index 330.80 363.30 points Jan 2026
MBA Mortgage Refinance Index 1269.70 1332.20 points Jan 2026
MBA Purchase Index 165.40 193.30 points Jan 2026
MBA Mortgage Applications -8.90 -8.50 percent Jan 2026
MBA 30-Year Mortgage Rate 6.21 6.24 percent Jan 2026


United States MBA 30-Yr Mortgage Rate
MBA 30-Year Mortgage Rate is average 30-year fixed mortgage lending rate measured during the reported week and backed by the Mortgage Bankers Association.
Actual Previous Highest Lowest Dates Unit Frequency
6.21 6.24 10.56 2.85 1990 - 2026 percent Weekly

News Stream
US Mortgage Rates Edge Down: MBA
The average contract rate on 30-year fixed-rate mortgages for conforming loans of $806,500 or less in the US fell to 6.21% in the week ended January 30, compared to a four-week high of 6.24% in the previous period, according to the Mortgage Bankers Association. Still, mortgage applications declined 8.9%, extending an 8.5% drop in the previous week, with the winter storm taking a toll. Refinancing applications went down 4.7%, after a 15.7% drop and the purchase index tumbled 14.4% after decreasing 0.4%. “Winter Storm Fern likely had an impact as much of the country was snowed in, hampering homebuying activity. The annual increase in purchase applications was the weakest since April 2025", ” said Joel Kan, MBA’s VP.
2026-02-04
US Mortgage Rates Rise for 1st Time in a Month
The average contract rate on 30-year fixed-rate mortgages for conforming loans of $806,500 or less in the Us rose to 6.24% in the week ended January 23, marking its first increase in four weeks, from 6.16% in the prior period, which was the lowest level since September 2024, according to the Mortgage Bankers Association. As a result, mortgage applications declined 8.5% after soaring in the previous two weeks. Refinancing applications plunged 15.7% and the purchase index decreased 0.4%. “FHA refinance activity bucked the overall trend and increased, as FHA rates remained almost 20 basis points lower than conforming rates. With rates holding in the 6% range, the refinance market is likely to remain sensitive to week-to-week rate movements", said Joel Kan, MBA’s vice president.
2026-01-28
US Mortgage Rates Fall for 3rd Week: MBA
The average contract interest rate for 30-year fixed-rate mortgages on conforming loans of $806,500 or less in the US fell for a third consecutive week to 6.16% in the week ending January 16, marking a new low since September 2024, according to the Mortgage Bankers Association. As a result, mortgage applications jumped 14.1%, following a 28.5% surge in the previous week. Refinancing applications went up 20.4% and the purchase index increased 5.1%. “Mortgage rates declined further last week, driving another big week for refinance applications, which saw the strongest level of activity since September 2025. These lower rates prompted greater refinance activity from conventional and VA refinance borrowers, with increases of 29 percent and 26 percent, respectively. Refinance applications accounted for more than 60 percent of applications, and the average loan size also moved higher”, said Joel Kan, MBA’s vice president.
2026-01-21