US Mortgage Rates Inch Down, Reaching 6.09% for 30-Year Loans

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By Prashant Gopal

February 12, 2026 at 5:00 PM UTC

US mortgage rates fell for the first time in a month as housing affordability slowly improves.

The average for 30-year, fixed loans was 6.09%, down from 6.11% last week, data from Freddie Mac showed Thursday. By comparison, the rate was 6.87% a year ago.