US 30-year fixed-rate mortgage drops to near 3-1/2-year low of 6.06%

Reuters01-16

US 30-year fixed-rate mortgage drops to near 3-1/2-year low of 6.06%

WASHINGTON, Jan 15 (Reuters) - U.S. mortgage rates fell significantly this week after the Trump administration initiated purchases of mortgage-backed securities to boost housing affordability.

The average rate on the popular 30-year fixed-rate mortgage declined to 6.06%, the lowest level since September 2022, from 6.16% last week, mortgage finance agency Freddie Mac said on Thursday. It averaged 7.04% during the same period a year ago.

President Donald Trump last week ordered the Federal Housing Finance Agency - which oversees Freddie Mac and another mortgage finance giant Fannie Mae - to purchase $200 billion of bonds issued by the two companies.

FHFA Director William Pulte said last week they had started with a $3 billion initial round of purchases. Trump is under pressure to bring down costs, including for housing, as he and his fellow Republicans face a tough battle to retain control of the U.S. Congress in this year's mid-term elections.

Trump has also proposed banning institutional investors from buying single-family homes. The average rate on the 15-year fixed-rate mortgage fell to 5.38% from 5.46% in the prior week. It averaged 6.27% during the same period a year ago.

(Reporting By Lucia Mutikani; Editing by Hugh Lawson)

((Lucia.Mutikani@thomsonreuters.com; 1 202 898 8315; Reuters Messaging: lucia.mutikani.thomsonreuters.com@reuters.net/))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2603987806?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-16 00:59","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2603987806","market":"fut","top_or_hot":-1,"title":"US 30-year fixed-rate mortgage drops to near 3-1/2-year low of 6.06%","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>US 30-year fixed-rate mortgage drops to near 3-1/2-year low of 6.06%</title></head><body><p><span>WASHINGTON, Jan 15 (Reuters)</span><span> - </span>U.S. mortgage rates fell significantly this week after the Trump administration initiated purchases of mortgage-backed securities to boost housing affordability. </p><p>The average rate on the popular 30-year fixed-rate mortgage declined to 6.06%, the lowest level since September 2022, from 6.16% last week, mortgage finance agency <a href=\"https://laohu8.com/S/FMCCG\">Freddie Mac</a> said on Thursday. It averaged 7.04% during the same period a year ago.</p><p>President Donald Trump last week ordered the Federal Housing Finance Agency - which oversees <a href=\"https://laohu8.com/S/FMCCH\">Freddie Mac</a> and another mortgage finance giant <a href=\"https://laohu8.com/S/FNMAG\">Fannie Mae</a> - to purchase $200 billion of bonds issued by the two companies. </p><p>FHFA Director William Pulte said last week they had started with a $3 billion initial round of purchases. Trump is under pressure to bring down costs, including for housing, as he and his fellow Republicans face a tough battle to retain control of the U.S. Congress in this year's mid-term elections.</p><p>Trump has also proposed banning institutional investors from buying single-family homes. The average rate on the 15-year fixed-rate mortgage fell to 5.38% from 5.46% in the prior week. It averaged 6.27% during the same period a year ago. </p><p>(Reporting By Lucia Mutikani; Editing by Hugh Lawson)</p><p>((Lucia.Mutikani@thomsonreuters.com; 1 202 898 8315; Reuters Messaging: lucia.mutikani.thomsonreuters.com@reuters.net/))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US 30-year fixed-rate mortgage drops to near 3-1/2-year low of 6.06%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS 30-year fixed-rate mortgage drops to near 3-1/2-year low of 6.06%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-01-16 00:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>US 30-year fixed-rate mortgage drops to near 3-1/2-year low of 6.06%</title></head><body><p><span>WASHINGTON, Jan 15 (Reuters)</span><span> - </span>U.S. mortgage rates fell significantly this week after the Trump administration initiated purchases of mortgage-backed securities to boost housing affordability. </p><p>The average rate on the popular 30-year fixed-rate mortgage declined to 6.06%, the lowest level since September 2022, from 6.16% last week, mortgage finance agency <a href=\"https://laohu8.com/S/FMCCG\">Freddie Mac</a> said on Thursday. It averaged 7.04% during the same period a year ago.</p><p>President Donald Trump last week ordered the Federal Housing Finance Agency - which oversees <a href=\"https://laohu8.com/S/FMCCH\">Freddie Mac</a> and another mortgage finance giant <a href=\"https://laohu8.com/S/FNMAG\">Fannie Mae</a> - to purchase $200 billion of bonds issued by the two companies. </p><p>FHFA Director William Pulte said last week they had started with a $3 billion initial round of purchases. Trump is under pressure to bring down costs, including for housing, as he and his fellow Republicans face a tough battle to retain control of the U.S. Congress in this year's mid-term elections.</p><p>Trump has also proposed banning institutional investors from buying single-family homes. The average rate on the 15-year fixed-rate mortgage fell to 5.38% from 5.46% in the prior week. It averaged 6.27% during the same period a year ago. </p><p>(Reporting By Lucia Mutikani; Editing by Hugh Lawson)</p><p>((Lucia.Mutikani@thomsonreuters.com; 1 202 898 8315; Reuters Messaging: lucia.mutikani.thomsonreuters.com@reuters.net/))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4229","symbol_name":"商业和住宅抵押贷款融资","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260115:nS0N3Y902R:1","article_id":"2603987806","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2603987806","pubTimestamp":1768496390,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"US 30-year fixed-rate mortgage drops to near 3-1/2-year low of 6.06%WASHINGTON, Jan 15 (Reuters) - U.S. mortgage rates fell significantly this week after the Trump administration initiated purchases o","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4229":"商业和住宅抵押贷款融资","FNMA":"房利美","FMCC":"房地美","BK4195":"互助储蓄与抵押信贷金融服务"},"translate_title":"美国30年期固定利率抵押贷款跌至6.06%的近三年半低点","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FMCC":0.9,"FNMA":0.9},"content_text":"US 30-year fixed-rate mortgage drops to near 3-1/2-year low of 6.06%WASHINGTON, Jan 15 (Reuters) - U.S. mortgage rates fell significantly this week after the Trump administration initiated purchases of mortgage-backed securities to boost housing affordability. The average rate on the popular 30-year fixed-rate mortgage declined to 6.06%, the lowest level since September 2022, from 6.16% last week, mortgage finance agency Freddie Mac said on Thursday. It averaged 7.04% during the same period a year ago.President Donald Trump last week ordered the Federal Housing Finance Agency - which oversees Freddie Mac and another mortgage finance giant Fannie Mae - to purchase $200 billion of bonds issued by the two companies. FHFA Director William Pulte said last week they had started with a $3 billion initial round of purchases. Trump is under pressure to bring down costs, including for housing, as he and his fellow Republicans face a tough battle to retain control of the U.S. Congress in this year's mid-term elections.Trump has also proposed banning institutional investors from buying single-family homes. The average rate on the 15-year fixed-rate mortgage fell to 5.38% from 5.46% in the prior week. It averaged 6.27% during the same period a year ago. (Reporting By Lucia Mutikani; Editing by Hugh Lawson)((Lucia.Mutikani@thomsonreuters.com; 1 202 898 8315; Reuters Messaging: lucia.mutikani.thomsonreuters.com@reuters.net/))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2603987806","isCrawlerRequest":true}