Lowest Mortgage Rates Seen Amidst Economic Uncertainty

January 9, 2026

The latest mortgage rate trends suggest that interest rates have leveled off for the week of January 5th to 11th, 2026, according to data from major lenders. The average 30-year fixed-rate mortgage is currently hovering around 6.35%, while the 15-year fixed-rate mortgage has remained steady at 5.95%. Adjustable-rate mortgages (ARMs) are seeing a slight dip in rates, with the 5/1 ARM averaging 5.45% and the 7/1 ARM averaging 5.80%. Experts attribute this stabilization to a decrease in inflation expectations, which has led to a decline in mortgage-backed securities (MBS) prices. This shift is expected to continue, allowing homebuyers to secure lower rates for their mortgages. In terms of lender-specific rates, some notable offers include:

Wells Fargo: 6.29% for the 30-year fixed-rate mortgage and 5.64% for the 15-year fixed-rate mortgage
Bank of America: 6.33% for the 30-year fixed-rate mortgage and 5.69% for the 15-year fixed-rate mortgage
Quicken Loans: 6.39% for the 30-year fixed-rate mortgage and 5.74% for the 15-year fixed-rate mortgage It’s essential to note that individual lender rates can vary significantly, and borrowers should shop around to find the best rate for their unique situation. Additionally, while these rates may be lower than previous weeks, they still come with a significant premium due to the current economic climate. For the latest updates on mortgage rates, it’s recommended to consult multiple sources and explore online tools that provide real-time data and personalized recommendations.