30-Year U.S. Mortgage Rate Stays Near 6.11% as Fed Pauses Rate Cuts

Freddie Mac reports the average 30-year fixed-rate mortgage rate edged up to 6.11% in the week ending February 5, 2026,持平 from 6.10% the prior week. The 15-year fixed-rate average rose to 5.50% from 5.49%. One year ago, the averages were 6.89% and 6.05%, respectively. Mortgage rates track the 10-year Treasury yield, which stood at 4.21% as of midday February 5, 2026, down from 4.23% a week earlier. The Fed paused its rate-cutting cycle after three consecutive reductions in late 2025, signaling expectations of relatively stable mortgage rates through 2026, with the 30-year average forecast to remain near 6%.