The national average 30-year rate is now 6.09%, according to Freddie Mac, which is near its three-year low. However, the Federal Reserve did not lower the federal funds rate at its January 28 meeting, and it probably won’t cut its rate for several more months. So, what does this mean for the 2026 housing market? Will mortgage rates decline further soon?

 

To continue reading the rest of the article, please click on the source link below;

https://finance.yahoo.com/personal-finance/mortgages/article/when-will-mortgage-rates-go-down-outlook-after-the-january-fed-meeting-190610147.html