Back to today’s briefing

Story perspectives

Mortgage Rates Drop Below 6% for First Time Since 2024

1/14/2026

41 3

Summary

Story summary

The average rate for a 30-year fixed-rate mortgage in the United States is 5.999%, the first time below 6% since mid-2024.
Refinance rates for a 30-year loan are 6.29%.
Rates remain high due to economic conditions, inflation expectations, and loan demand.
Homebuyers should compare rates across lenders to secure the best deal.

1 of 1

Story summary

The average rate for a 30-year fixed-rate mortgage in the United States is 5.999%, the first time below 6% since mid-2024.
Refinance rates for a 30-year loan are 6.29%.
Rates remain high due to economic conditions, inflation expectations, and loan demand.
Homebuyers should compare rates across lenders to secure the best deal.