For prospective homebuyers in the St. Louis area, these rates mean careful consideration of financial plans and perhaps a sense of urgency to lock in rates before potential further increases. Sellers, on the other hand, may see continued strong demand as buyers look to secure properties before rates climb higher. The adjustable-rate mortgage (7/6 SOFR ARM) also experienced a rise to 5.73%, adding to the complexity of decision-making for those considering non-fixed options.
Provided by MORE, REALTORS®, these insights are crucial for anyone involved in the St. Louis real estate market. For a detailed look at how these rates compare historically, interested parties can explore the chart button below. As the year progresses, keeping an eye on these trends will be essential for making informed property decisions.
Current Mortgage Rates*
| Loan Type | Current Rate | Change From Prior Day |
|---|---|---|
| 30 Yr. Fixed | 6.20% | +0.00% |
| 15 Yr. Fixed | 5.76% | +0.01% |
| 30 Yr. FHA | 5.85% | +0.01% |
| 30 Yr. Jumbo | 6.37% | +0.00% |
| 7/6 SOFR ARM | 5.73% | +0.01% |
| 30 Yr. VA | 5.87% | +0.01% |
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of January 1, 2026. Individual rates may vary based on factors including loan amount, down payment, credit score, property type, occupancy status, and market conditions. Contact a licensed mortgage professional for personalized rate quotes.
