01/16/2026
Good news for homebuyers and sellers. Inventory has shown a slight increase, giving buyers more options, coupled with a decrease in mortgage rates make home buying more affordable.
Rates on 30-year mortgages fell to 6.06% this week from 6.16% last week. A year ago, the rate averaged 7.04%. Rates on 15-year fixed-rate mortgages dropping to 5.38%.