Freddie Mac: 30-Year Mortgage Rate Up to 6.11% as Third Consecutive Increase (02-05-2026)

Freddie Mac reported that the average rate for a 30-year fixed-rate mortgage rose to 6.11% for the week of February 5, 2026, marking its third consecutive weekly increase. The rate reflects continued upward pressure on mortgage borrowing costs, signaling potential inflationary and spending headwinds for the housing market.