Mortgage rates remained relatively steady on January 26, 2026, giving potential homebuyers and refinancers a slight breather. The interest rate for a 30-year fixed-rate mortgage hovered around 6.66%, while the 15-year fixed-rate loan held near 5.90%. These rates aren’t at record highs, but they are significantly elevated compared to the historically low borrowing costs seen in recent years. Industry experts suggest that borrowers lock in rates if they’re financially ready, especially with ongoing economic uncertainty that could influence future rate changes.
Mortgage applications have slightly declined in the past week, reflecting buyer hesitation as affordability continues to be a major concern. Experts recommend that those entering the housing market be mindful of rate fluctuations and ensure loan pre-approvals capture competitive offers. Market watchers anticipate some volatility ahead, depending on reports related to inflation, employment, and potential action from the Federal Reserve.
For those focused on Arizona real estate investing, stable interest rates can offer an opportunity to strategize for new acquisitions or refinancing. With Arizona’s growing population and a strong rental market, investors may find that current mortgage terms favor long-term gains in the region’s housing sector. To explore insights and updates on Arizona real estate investing, visit this link: [Arizona real estate investing](https://arizonainvestor.news/).
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