January 28, 2026 | Lowest Purchase Fixed FHA Loan Rate Holds at 5.00%

As of January 28, 2026, the 15-Year Fixed Purchase Mortgage rate stands at 5.0% with 1.0 point, showing a modest decrease of 12.5 basis points compared to one week ago. The rate remains stable relative to 30 days prior, indicating a consistent yield spread over the month. This slight decline can lower the cost of borrowing for members seeking shorter-term fixed loans, potentially benefiting buyers aiming to build equity faster without increased monthly payment risk. For first-time homebuyers prioritizing predictable payments, this rate adjustment may improve affordability marginally. Members should consider locking in fixed-rate options if stability aligns with their financial goals or evaluate refinancing opportunities if current rates offer meaningful savings over existing loans.

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

As of January 28, 2026, FHA 15-Year Fixed Purchase loans remain steady at 5.0%, matching last week’s rate with no change in basis points; this stability supports borrowers prioritizing predictable payments and faster equity building. Meanwhile, the FHA 30-Year Fixed Purchase rate has decreased by 12.5 basis points to 5.5%, marking a notable decline over the past week and month, which can reduce long-term borrowing costs for buyers seeking lower monthly payments.

First-time buyers may find the reduced FHA 30-Year Fixed rates advantageous for managing cash flow, while those focused on shorter-term repayment benefit from the consistent FHA 15-Year Fixed yield. Given these trends, members should assess whether locking in fixed rates aligns with their financial plans or if refinancing could enhance affordability.

Consider fixed-rate options if stability is essential; evaluate refinancing when potential savings outweigh associated costs. For details, visit https://www.ent.com/rates/#:~:text=Mortgage%20purchase%20rates.

On January 28, 2026, 15 Year Fixed FHA Mortgage purchase rates hold steady at 5.25%, unchanged from one week ago but up 25 basis points over the past 30 days. This increase reflects a modest rise in borrowing costs for buyers seeking shorter-term government-backed financing. Meanwhile, the 30 Year Fixed FHA Mortgage purchase rate remains constant at 5.375%, showing no change over the last 7 or 30 days, maintaining its position as the lowest long-term FHA fixed rate available.

For first-time homebuyers and those prioritizing predictable payments, the stable 30-year fixed FHA rate supports consistent budgeting amid broader market fluctuations. Borrowers targeting faster loan payoff may face higher costs with the recent uptick in the 15-year FHA product; evaluating refinance opportunities could help mitigate these expenses if rates decline.

Consider fixed-rate options if you value payment stability, and assess refinancing feasibility when potential savings exceed closing costs. For details, visit https://www.gwcu.org/rates/homeloans.

As of January 28, 2026, the 30-year FHA Fixed Purchase mortgage rate stands at a competitive 5.5%, marking a decline of 12.5 basis points from both one week and one month ago. This downward adjustment in yield spreads effectively reduces the cost of borrowing for first-time homebuyers relying on government-backed loans, enhancing affordability in the current market environment. Given this trend, members prioritizing payment stability should consider locking in these favorable fixed rates. Additionally, those evaluating purchase options may find improved financing terms relative to recent weeks. Assessing your mortgage strategy with these rate movements in mind can support optimized long-term financial planning. For details, visit https://www.wellbyfinancial.com/loan/home-loans/#Rates.

As of January 28, 2026, 15-year FHA fixed purchase loans have decreased by 1 basis point to 4.99%, marking a modest reduction in borrowing costs for buyers seeking shorter-term government-backed financing. This slight decline may benefit first-time homebuyers aiming to minimize interest expense over the loan term. Meanwhile, 30-year FHA fixed purchase rates remain steady at 5.25%, maintaining a stable cost environment for those prioritizing longer-term affordability and monthly payment consistency.

Members evaluating mortgage options should consider that the lower 15-year FHA rate offers potential savings through accelerated principal repayment, while the unchanged 30-year FHA rate preserves predictable yield spreads. For borrowers balancing budget and loan duration, assessing these rate movements against personal financial goals is advisable. Consider fixed-rate products if you value payment stability or explore refinancing if rate differentials present meaningful long-term savings.

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

As of January 28, 2026, the FHA 30-Year Fixed Purchase mortgage rate remains steady at 5.25%, unchanged from one week ago. This stability indicates no recent shifts in yield spreads or cost of borrowing for first-time homebuyers relying on government-backed financing. Compared to 30 days prior, the rate has decreased by 12.5 basis points, reflecting a modest easing in borrowing costs over the past month. For members considering purchase loans, maintaining awareness of these trends is crucial; stable rates support predictable monthly payments, beneficial for long-term budgeting. Evaluating fixed-rate options is advisable if you prioritize payment consistency amid fluctuating markets. For details, visit https://www.pacificservice.org/rates#tab4.

On January 28, 2026, the 30-year Fixed FHA Purchase Loan rate stands at a notable low of 5.125%, down 12.5 basis points from one week ago and 25 basis points below the rate from 30 days prior. This decline in yield spreads reduces the overall cost of borrowing for first-time homebuyers and others relying on government-backed loans. Such movement may enhance affordability by lowering monthly payments and total interest costs over the loan term. Members considering new purchases with FHA financing should weigh the benefits of locking in these competitive fixed rates. Evaluating your mortgage strategy in light of this rate trend can support informed decisions, particularly if you prioritize payment stability and long-term financial planning. For details, visit https://www.penfed.org/mortgage/mortgage-rates?_ga=GA1.1.113342144.1749209030&mcid=44478617903031329443022793571867311851.

As of January 28, 2026, 15-Year Fixed Purchase mortgage rates remain steady at 4.625%, holding the lowest rate among today’s options with no change over the past week or month. This stability benefits borrowers seeking predictable payments and faster equity build-up. Conversely, the 30-Year Fixed Purchase rate decreased by 12.5 basis points week-over-week to 5.25%, maintaining the same yield as one month ago. This slight decline improves affordability for long-term buyers balancing monthly cost against loan duration.

For members prioritizing budget certainty, the 15-Year Fixed offers consistent borrowing costs. Meanwhile, those considering extended financing may find recent improvements in the 30-Year Fixed rate conducive to revisiting purchase plans or new mortgage commitments. Evaluating current rates against your financial goals can inform whether locking in a fixed rate or exploring refinancing aligns with your strategy.

For details, visit https://www.p1fcu.org/personal/mortgage-rates.

As of January 28, 2026, FHA 15-Year Fixed Purchase loans hold the lowest rate at 5.125%, unchanged over the past week but down by 12.5 basis points compared to 30 days ago. Similarly, the FHA 30-Year Fixed Purchase rate remains steady at 5.75%, also reflecting a 12.5 basis point decrease from a month prior. These modest declines in yield spreads reduce the overall cost of borrowing for first-time homebuyers utilizing FHA programs, potentially improving affordability on both short- and long-term fixed-rate mortgages. Members weighing purchase options should consider fixed-rate terms for predictable payments; those with existing loans might evaluate purchase timing or refinancing only if projected savings surpass associated costs. For details, visit https://www.schoolsfirstfcu.org/rates/mortgage-purchase/.

As of January 28, 2026, mortgage rates have shown a mixed trend. The 15-Year Fixed Rate Jumbo decreased to 6.289%, down by 0.09 basis points from yesterday and up slightly by 0.03 basis points over the past week. Conversely, the 30-Year Fixed Rate Jumbo increased marginally to 6.163%, reflecting a small rise of 0.01 basis points in the last day but a more notable decline of 0.15 basis points over the past week. Borrowers should be aware that while short-term rates fluctuate, long-term trends indicate a slight easing in borrowing costs, particularly for those considering a 15-Year Fixed Rate Jumbo mortgage, which currently offers the lowest rate among available options at 6.289%.

Recent economic indicators reveal stability in inflation expectations, with the Breakeven Inflation Rate 10Yr steady at 2.340 and the 5Yr rate slightly higher at 2.470, marking a 0.05-point increase over seven days. Mortgage rates are more variable, particularly the 30Yr FHA Average Rates, which decreased by 0.08 points over the past week, while the 30Yr Average Rates have seen a notable decline of 6.23 points over the last 60 days, reflecting changing market dynamics. The lowest mortgage rate recorded is 5.685% for the 30Yr VA Average Rates. Borrowers should closely monitor these trends as they directly influence borrowing costs and overall affordability in the housing market.

Every homebuyer’s journey is unique, but the need for trustworthy information is universal. That’s why LendMesh brings together a wide network of banks and credit unions, offering you the best mortgage rates and personal guidance you won’t find anywhere else. Our mission is to simplify the complex, whether you’re curious about pre-qualification, interested in refinancing, or planning a long-term financial future. We combine human stories with financial know-how, making it easier for you to step into the home you love. Take your next step by visiting our Mortgage Loans page: https://www.lendmesh.com/loans/mortgage_loans . because at LendMesh, your story matters.