U.S. 30-Year Mortgage Rate Rises to 6.09% Amid Treasury Yield Climb - FREDDIE MAC

The average U.S. 30-year fixed-rate mortgage rose to 6.09% on January 22, 2026, from 6.06% the prior week, according to Freddie Mac, while remaining near its lowest level in over three years. The 15-year fixed-rate mortgage rate also increased to 5.44%, up from 5.38%, as borrowing costs edged higher amid rising Treasury yields. The move follows a rise in the 10-year Treasury yield to 4.27% from 4.17% weekly, driven by geopolitical tensions related to tariff threats and market volatility in Japan. Mortgage rates typically track the 10-year yield, which lenders use to price loans. Rates remain significantly below their 2025 peak of 6.96% for 30-year mortgages and 6.16% for 15-year loans, reflecting continued demand for refinancing. Federal Reserve policy and inflation expectations continue to influence bond markets and housing finance costs.