Mortgage Rates Are Down a Full Percentage Point in One Year

January 13, 2026

Mortgage rates are down a full percentage point since last year.

That recent drop doesn’t sound dramatic, until you realize how much it can already save you on the typical $400k loan.

Compared to buying in January of last year, that saves you more than $330 a month and almost $120k over the life of your loan.

That’s the difference just one year makes.

If buying didn’t work for you last year, let’s re-run the numbers and see if 2026 could finally be your year.

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