01/17/2026
Mortgage rates for a 30-year fixed loan dipped this week to 6.06%, down from 6.16% last week. This marks the lowest level seen in more than three years, following President Donald Trump’s announcement of a $200 billion mortgage-backed securities (MBS) buyback plan.
So what impact does this have on your monthly mortgage payment? And what does this mean for homebuyers?
Here’s the monthly cost of purchasing a typical home today.