Overview
- Freddie Mac’s survey puts the 30-year fixed mortgage at 6.11% for the week ending Feb. 5, up one basis point and still near multi‑year lows.
- Other trackers are clustered around the low‑6% range, with Zillow near 5.99%–6.00%, Bankrate at 6.23%, and pricing engines ranging roughly 6.11% to 6.34%, reflecting methodological differences.
- J.P. Morgan Global Research projects 30‑year rates will remain above 6% this year even if the Federal Reserve eases policy later.
- A survey by Best Interest Financial and Clever Real Estate finds 94% of prospective 2026 buyers would change plans if rates don’t slip below 6%, underscoring rate sensitivity.
- January’s brief rate dip sparked a roughly 40% weekly jump in refinance demand, but the White House‑directed Fannie Mae and Freddie Mac MBS purchases have not produced a sustained decline.