Average US long-term mortgage rate edges higher but remains near 2025 low
The average rate on a 30-year U.S. mortgage edged higher this week to just above its 2025 low
Last updated: 2026-01-08 17:17:55 ET
The average rate on a 30-year U.S. mortgage edged higher this week to just above its 2025 low
Why it’s actually a good thing for the housing market that so many homeowners have mortgage rates over 6% now.
The Mortgage Bankers Association's seasonally adjusted index reported a 9.7% decline in total mortgage applications despite decreased mortgage rates.
With the median home price hovering north of $433,000 and no signs of mortgage rates dropping anytime soon, many Americans may have to put off their d...