Will mortgage interest rates drop after the January Fed meeting?

There's another Federal Reserve meeting on the calendar this month, but will mortgage rates fall once it's over?

Mortgage Rates Today: January 12, 2026 – Rates Stand Still

Today's average mortgage rate on a 30-year fixed-rate mortgage is 6.09%, down 1.52% from the previous week, according to the ...

Mortgage Refinance Rates Today: January 12, 2026 – Rates Hold Steady

Mortgage Research Center. Rates averaged 5.22% for a 15-year financed mortgage and 5.92% for a 20-year financed mortgage ...
The New York Times

Fed Cuts Rates Again, Is Divided Over Future Moves

The Federal Reserve cut interest rates for a third time this year, but officials were divided over their next move. Jerome Powell, the central bank’s chair, said “we haven’t made any decision about ...
Hosted on MSN

Fed cuts rates for third time, but affordability concerns still rise

WASHINGTON ‒ With consumers focused on affordability heading into the holiday season, Federal Reserve Chair Jerome Powell said he hears Americans’ concerns over high costs “loud and clear.” Still, it ...