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Mortgage Rates Hit Three-Year Lows Amid Market Changes

2/14/2026

Summary

Story summary

The administration's announcement that Fannie Mae and Freddie Mac will purchase mortgage-backed securities pushed mortgage rates toward three-year lows.
Mortgage rates fell sharply in early January and have remained stable, with improvements tied to a lower-than-expected Consumer Price Index reading.
Despite a strong jobs report that typically raises rates, lenders have seen rates drop to their lowest level since January 16.
Experts caution that upcoming CPI data could increase market volatility, affecting mortgage rates.

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Story summary

The administration's announcement that Fannie Mae and Freddie Mac will purchase mortgage-backed securities pushed mortgage rates toward three-year lows.
Mortgage rates fell sharply in early January and have remained stable, with improvements tied to a lower-than-expected Consumer Price Index reading.
Despite a strong jobs report that typically raises rates, lenders have seen rates drop to their lowest level since January 16.
Experts caution that upcoming CPI data could increase market volatility, affecting mortgage rates.