The Berwald Group

612-669-0596

For Week Ending January 17, 2026

The average 30-year fixed mortgage rate fell to 6.06% the week ending January 15, 2026, the lowest level since September 2022, according to Freddie Mac. The Mortgage Bankers Association noted that lower rates have coincided with a rise in purchase and refinance applications, as borrowers respond to recent improvements in affordability.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING JANUARY 17:

  • New Listings decreased 3.6% to 914
  • Pending Sales decreased 15.1% to 512
  • Inventory decreased 1.3% to 7,441

FOR THE MONTH OF DECEMBER:

  • Median Sales Price increased 2.7% to $380,000
  • Days on Market increased 3.6% to 58
  • Percent of Original List Price Received decreased 0.2% to 96.8%
  • Months Supply of Homes For Sale decreased 5.0% to 1.9

All comparisons are to 2025

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

January 22, 2026
With the economy improving and the average 30-year fixed-rate mortgage nearly a percentage point lower than last year, more homebuyers are entering the market. Buyers always should shop around for the best rate, as multiple quotes can potentially save them thousands.

  • The 30-year fixed-rate mortgage averaged 6.09% as of January 22, 2026, up from last week when it averaged 6.06%. A year ago at this time, the 30-year FRM averaged 6.96%.
  • The 15-year fixed-rate mortgage averaged 5.44%, up from last week when it averaged 5.38%. A year ago at this time, the 15-year FRM averaged 6.16%.

Information provided by Freddie Mac.

January 22, 2026
With the economy improving and the average 30-year fixed-rate mortgage nearly a percentage point lower than last year, more homebuyers are entering the market. Buyers always should shop around for the best rate, as multiple quotes can potentially save them thousands.

  • The 30-year fixed-rate mortgage averaged 6.09% as of January 22, 2026, up from last week when it averaged 6.06%. A year ago at this time, the 30-year FRM averaged 6.96%.
  • The 15-year fixed-rate mortgage averaged 5.44%, up from last week when it averaged 5.38%. A year ago at this time, the 15-year FRM averaged 6.16%.

Information provided by Freddie Mac.

January 22, 2026
With the economy improving and the average 30-year fixed-rate mortgage nearly a percentage point lower than last year, more homebuyers are entering the market. Buyers always should shop around for the best rate, as multiple quotes can potentially save them thousands.

  • The 30-year fixed-rate mortgage averaged 6.09% as of January 22, 2026, up from last week when it averaged 6.06%. A year ago at this time, the 30-year FRM averaged 6.96%.
  • The 15-year fixed-rate mortgage averaged 5.44%, up from last week when it averaged 5.38%. A year ago at this time, the 15-year FRM averaged 6.16%.

Information provided by Freddie Mac.

January 22, 2026
With the economy improving and the average 30-year fixed-rate mortgage nearly a percentage point lower than last year, more homebuyers are entering the market. Buyers always should shop around for the best rate, as multiple quotes can potentially save them thousands.

  • The 30-year fixed-rate mortgage averaged 6.09% as of January 22, 2026, up from last week when it averaged 6.06%. A year ago at this time, the 30-year FRM averaged 6.96%.
  • The 15-year fixed-rate mortgage averaged 5.44%, up from last week when it averaged 5.38%. A year ago at this time, the 15-year FRM averaged 6.16%.

Information provided by Freddie Mac.

January 22, 2026
With the economy improving and the average 30-year fixed-rate mortgage nearly a percentage point lower than last year, more homebuyers are entering the market. Buyers always should shop around for the best rate, as multiple quotes can potentially save them thousands.

  • The 30-year fixed-rate mortgage averaged 6.09% as of January 22, 2026, up from last week when it averaged 6.06%. A year ago at this time, the 30-year FRM averaged 6.96%.
  • The 15-year fixed-rate mortgage averaged 5.44%, up from last week when it averaged 5.38%. A year ago at this time, the 15-year FRM averaged 6.16%.

Information provided by Freddie Mac.

January 22, 2026
With the economy improving and the average 30-year fixed-rate mortgage nearly a percentage point lower than last year, more homebuyers are entering the market. Buyers always should shop around for the best rate, as multiple quotes can potentially save them thousands.

  • The 30-year fixed-rate mortgage averaged 6.09% as of January 22, 2026, up from last week when it averaged 6.06%. A year ago at this time, the 30-year FRM averaged 6.96%.
  • The 15-year fixed-rate mortgage averaged 5.44%, up from last week when it averaged 5.38%. A year ago at this time, the 15-year FRM averaged 6.16%.

Information provided by Freddie Mac.

January 22, 2026
With the economy improving and the average 30-year fixed-rate mortgage nearly a percentage point lower than last year, more homebuyers are entering the market. Buyers always should shop around for the best rate, as multiple quotes can potentially save them thousands.

  • The 30-year fixed-rate mortgage averaged 6.09% as of January 22, 2026, up from last week when it averaged 6.06%. A year ago at this time, the 30-year FRM averaged 6.96%.
  • The 15-year fixed-rate mortgage averaged 5.44%, up from last week when it averaged 5.38%. A year ago at this time, the 15-year FRM averaged 6.16%.

Information provided by Freddie Mac.

January 22, 2026
With the economy improving and the average 30-year fixed-rate mortgage nearly a percentage point lower than last year, more homebuyers are entering the market. Buyers always should shop around for the best rate, as multiple quotes can potentially save them thousands.

  • The 30-year fixed-rate mortgage averaged 6.09% as of January 22, 2026, up from last week when it averaged 6.06%. A year ago at this time, the 30-year FRM averaged 6.96%.
  • The 15-year fixed-rate mortgage averaged 5.44%, up from last week when it averaged 5.38%. A year ago at this time, the 15-year FRM averaged 6.16%.

Information provided by Freddie Mac.

January 22, 2026
With the economy improving and the average 30-year fixed-rate mortgage nearly a percentage point lower than last year, more homebuyers are entering the market. Buyers always should shop around for the best rate, as multiple quotes can potentially save them thousands.

  • The 30-year fixed-rate mortgage averaged 6.09% as of January 22, 2026, up from last week when it averaged 6.06%. A year ago at this time, the 30-year FRM averaged 6.96%.
  • The 15-year fixed-rate mortgage averaged 5.44%, up from last week when it averaged 5.38%. A year ago at this time, the 15-year FRM averaged 6.16%.

Information provided by Freddie Mac.

Cell: 612-669-0596 | LanceBerwald@kw.com
Cell: 612-201-8311 | DavidPaulson@kw.com
Realtor & Housing
Licensed In Minnesota

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