Mortgage Rates Week of Jan 25: 6.09% 📈

The average 30-year fixed mortgage rate rose this week, landing at 6.09% according to Freddie Mac's Primary Mortgage Market Survey (PMMS).

This Week's Numbers

What This Means for Buyers

With rates at 6.09%, the market remains relatively stable. For a $400,000 home with 20% down, expect a monthly payment around $1624 for principal and interest. Now is a good time to shop around and compare lender offers to find the best deal.

What This Means for Refinancers

Even with rates at 6.09%, refinancing can still make sense in certain situations. Consider refinancing if you want to switch from an adjustable-rate mortgage to a fixed rate, need to remove PMI, or want to tap into home equity for major expenses. Use our refinance calculator to analyze your specific situation.

Market Context

While not at the historic lows of recent years, 6.09% is still a reasonable rate by historical standards. The 50-year average for 30-year mortgages is around 7.7%, so current rates remain favorable for buyers.

Rate Trend

This is the first week of the current trend. Rising rates may prompt some buyers to act sooner rather than later.

Next Steps

Ready to see what rate you qualify for? Use our mortgage calculator to estimate your monthly payment, or explore rates in your state.

---

Rates shown are national averages from Freddie Mac's Primary Mortgage Market Survey (PMMS), released January 22, 2026. Your actual rate will depend on your credit score, down payment, loan amount, and other factors. Always shop multiple lenders to find the best rate.

Affiliate Disclosure: AmCalc may receive compensation when you click links to our partner lenders. This does not influence our rate reporting, which comes directly from Freddie Mac.