01/18/2026
Mortgage rates are finally trending in a positive direction—and it’s catching a lot of attention. After nearly three years of higher borrowing costs, we’re seeing rates dip to levels we haven’t seen in quite some time, bringing new energy into the market.
Many buyers who paused their plans are starting to re-engage, and that shift is creating fresh momentum as we move forward.
As of this weekend, national averages are around:
• 30-year fixed: ~5.99%
• 15-year fixed: ~5.55%
• FHA and VA options are even lower in some cases
So what does this mean for you?
If you’re actively house hunting, lower rates can boost your buying power and help reduce monthly payments—especially compared to what we saw throughout 2024 and 2025.
If you’re not quite ready yet, this is a strong signal to start planning. Rates are improving, but the market can still shift quickly, and preparation creates options.
There are still caveats. Rates change daily, inventory varies, and not every buyer benefits the same way. Even so, this is the most encouraging rate movement we’ve seen in a long time.
If you’d like a quick, no-pressure conversation about how this impacts your situation—now or later—I’m always happy to help.
