January 21, 2026 | Lowest FHA Fixed Rate at 4.625% Today

As of January 21, 2026, the 30-Year FHA Fixed Purchase mortgage rate remains steady at 5.375%, showing no change from both one week and one month ago. This stability in rates maintains the current cost of borrowing for first-time buyers relying on government-backed programs. The absence of yield spread fluctuations suggests predictable monthly payments, which is beneficial for members prioritizing budget certainty. Veterans and refinance applicants should note that while this rate reflects purchase loans only, consistent FHA fixed rates can influence broader market trends. Members should consider fixed-rate options if they value long-term payment stability and evaluate refinancing opportunities when potential savings exceed associated costs. For details, visit https://www.avadiancu.com/Rates/Mortgage-Rates.

On January 21, 2026, the 15-Year Fixed Purchase mortgage rate at CREDIT UNION WEST increased by 12.5 basis points, rising to 5.0% from 4.875% one week ago. This marks a stable yield compared to 30 days prior, reflecting no change over the past month. The uptick in cost of borrowing may slightly affect affordability for buyers seeking shorter-term fixed loans, particularly first-time homeowners aiming for faster equity build-up.

Members prioritizing payment stability should note this is currently the lowest available rate among purchase options, offering predictability despite recent volatility. Given these dynamics, consider locking rates if you prefer fixed payments or evaluate refinancing only if long-term savings exceed closing costs.

For details, visit https://www.cuwest.org/borrowing/mortgages/purchasing-a-home.

As of January 21, 2026, FHA purchase rates show a notable increase compared to last week. The FHA 15-Year Fixed rate rose by 25 basis points to 5.00%, now matching its level from 30 days ago. Similarly, the FHA 30-Year Fixed rate increased by 25 basis points to 5.625%, also stable versus one month prior. These shifts reflect a modest rise in the cost of borrowing for FHA loans, impacting first-time homebuyers who often rely on these government-backed options for lower down payments and flexible credit requirements.

Members considering shorter-term financing should note the relative stability over the past month despite recent weekly upticks; longer-term borrowers face slightly higher yield spreads. Evaluate your mortgage strategy carefully, fixed-rate FHA products provide predictability amid fluctuating rates, while those sensitive to rate increases may explore refinancing if potential savings outweigh closing costs.

For details, visit https://www.ent.com/rates/#:~:text=Mortgage%20purchase%20rates.

On January 21, 2026, 15 Year Fixed FHA Mortgage rates increased by 26 basis points to 5.25%, marking a notable rise from last week and a quarter-point uptick over the past month. This shift elevates the cost of borrowing for first-time buyers prioritizing shorter terms with stable payments. Meanwhile, the 30 Year Fixed FHA Mortgage rate rose modestly by 12.5 basis points to 5.375% compared to seven days ago but remained unchanged over 30 days, indicating relative stability for long-term financing options.

Members seeking predictable monthly payments should consider locking in current fixed rates given recent upward trends; those evaluating new purchases may weigh term length against evolving yield spreads. For refinancing candidates, these data suggest carefully analyzing potential savings against increased rate environments.

For details, visit https://www.gwcu.org/rates/homeloans.

On January 21, 2026, the 30-year FHA Fixed Purchase mortgage rate remains steady at 5.5%, unchanged from one week ago but down 12.5 basis points compared to 30 days prior. This slight decline in borrowing costs may benefit first-time homebuyers relying on FHA loans by reducing monthly payments and overall interest expense. Veterans and refinancing borrowers should note that fixed-rate stability offers predictable budgeting amid broader market fluctuations. Given these conditions, members valuing payment certainty might consider locking in fixed rates now. Additionally, evaluating refinancing opportunities could be prudent if long-term savings surpass associated fees.

For details, visit https://www.wellbyfinancial.com/loan/home-loans/#Rates

As of January 21, 2026, the 15-year FHA fixed purchase mortgage rate rose by 25 basis points to 5.00%, marking an increase compared to last week while remaining unchanged over the past 30 days. This upward movement may raise borrowing costs for buyers seeking shorter-term FHA financing, potentially impacting monthly payments and total interest outlay. Meanwhile, the 30-year FHA fixed purchase rate holds steady at 5.25%, showing no change over both the past week and month; this stability benefits those prioritizing long-term budget predictability.

For members considering home purchase options, the current data suggest evaluating fixed-rate FHA loans carefully, the 15-year option now carries higher yield spreads, increasing cost of borrowing relative to recent weeks. Buyers valuing payment consistency should note the stable 30-year rate. Assess your mortgage strategy in light of these trends, especially if refinancing or first-time purchasing is imminent.

For details, visit https://www.macu.com/rates/home.

On January 21, 2026, the FHA 30-Year Fixed Purchase mortgage rate remains steady at 5.25%, unchanged from a week ago but down 12.5 basis points compared to 30 days prior. This stable yield suggests relatively consistent borrowing costs for first-time homebuyers relying on government-backed financing. The absence of rate increases over the past week may offer an opportunity to lock in predictable monthly payments amid broader market fluctuations. Members considering home purchases should evaluate their long-term affordability under these fixed terms, while refinancing candidates might monitor trends for further declines before acting. Given the current rate environment, consider fixed-rate options if you prioritize payment stability and predictability. For details, visit https://www.pacificservice.org/rates#tab4.

On January 21, 2026, the 30-year Fixed FHA Purchase Loan stands at a rate of 5.25%, reflecting a decrease of 12.5 basis points compared to one week ago and a similar decline against the rate from 30 days prior. This downward movement in yield spreads slightly lowers the cost of borrowing for first-time homebuyers and those qualifying under FHA guidelines, potentially improving affordability in today's market. Members considering new purchases may find this rate environment favorable for locking in long-term stability with fixed-rate terms. Given these modest declines, borrowers should evaluate fixed-rate options carefully to determine if current rates align with their financial goals. For details, visit https://www.penfed.org/mortgage/mortgage-rates?_ga=GA1.1.113342144.1749209030&mcid=44478617903031329443022793571867311851.

On January 21, 2026, 15-Year Fixed Purchase mortgage rates edged higher by 12.5 basis points, rising to 4.625% from 4.5% a week ago, while remaining stable compared to 30 days prior. Similarly, the 30-Year Fixed Purchase rate increased by 12.5 basis points to 5.375%, marking the highest level in the last month. These upward shifts in yield spreads indicate a modest rise in the cost of borrowing for fixed-rate purchase loans.

For members prioritizing lower monthly payments and long-term stability, the 15-Year Fixed Purchase at 4.625% continues to offer the lowest rate option available today. Prospective buyers should assess affordability impacts given these recent increases; first-time buyers may find budgeting more challenging as rates tick up.

Given current trends, members should evaluate locking fixed rates promptly if they prefer predictability or consider refinancing strategies if potential savings outweigh associated costs. For details, visit https://www.p1fcu.org/personal/mortgage-rates.

As of January 21, 2026, FHA 15-Year Fixed Purchase loans maintain a steady rate at 5.125%, holding flat over the past week but down 12.5 basis points compared to 30 days ago. This rate represents the lowest yield in today’s update, favoring borrowers prioritizing shorter-term financing with predictable payments. Meanwhile, the FHA 30-Year Fixed Purchase rate remains unchanged at 5.75% over the last seven days, reflecting a 25 basis point decrease from one month prior. Longer-term borrowers may find this decline reduces their overall cost of borrowing despite higher initial rates versus 15-year terms.

For members evaluating home purchase options, these stable-to-declining rates support locking fixed-rate mortgages to mitigate future volatility risks. Consider your financial horizon carefully; shorter terms offer faster equity build-up while longer terms provide lower monthly payments. For details, visit https://www.schoolsfirstfcu.org/rates/mortgage-purchase/.

Mortgage rates have seen a slight uptick today, with the 15-Year Fixed Rate Jumbo rising to 6.290%, up 5 basis points from yesterday. Similarly, the 30-Year Fixed Rate Jumbo increased to 6.375%, reflecting a modest gain of 2 basis points in the same period. Over the past week, the 15-Year Fixed Rate Jumbo has experienced a larger increase of 14 basis points, indicating potential shifts in borrowing costs for homeowners considering refinancing or purchasing. In contrast, both products show minimal change over the past month. Borrowers should remain informed about these fluctuations as they can impact overall borrowing expenses and affordability.

Inflation expectations, indicated by the Breakeven Inflation Rates, play a crucial role in shaping mortgage rates and influencing the overall cost of borrowing. Recently, the Mortgage 30Yr Jumbo Average Rates experienced significant declines, dropping by 6.34 points over the past week and 6.52 points over the last month, which may make home financing more accessible for borrowers. The lowest mortgage rate recorded is associated with Mortgage 30Yr Va Average Rates at 5.670%. These fluctuations signal shifting market sentiments and highlight the importance of monitoring economic indicators to make informed borrowing decisions. Borrowers should consider these trends when evaluating their mortgage options in a changing economic landscape.

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