Overview
- Freddie Mac reports the average 30‑year fixed mortgage at 6.06% for the week ending January 15, the lowest weekly reading in more than three years, with the 15‑year at 5.38%.
- Zillow places today’s average 30‑year rate at 5.87%, underscoring differences across data sources and timing.
- Freddie Mac says purchase applications and refinancing have jumped, and National Association of Realtors data show existing‑home sales rose 5.1% in December from November.
- Realtor.com finds the share of homeowners with mortgage rates above 6% now exceeds those below 3%, indicating the lock‑in effect is easing.
- President Trump called for $200 billion in mortgage‑bond purchases; experts stress rates track bond markets, and one academic cites signs of some buying with no evidence of purchases at that announced scale.