St. Louis Mortgage Rates Climb to 6.00% in February 2026 – Rising Trend Continues for 30-Year Fixed

St. Louis homebuyers are witnessing a gradual climb in mortgage rates this February 2026, as the 30-year fixed rate ticks up to 6.00%, marking a modest 0.01% increase from the previous rate. This rise is part of a broader upward trend affecting various mortgage products in the region. The 15-year fixed rate has also seen an uptick, now standing at 5.62%, a 0.04% increase that could influence the decision-making process for potential buyers looking at shorter loan terms. Other products, including the 30-year FHA and Jumbo loans, as well as the 7/6 SOFR adjustable-rate mortgage, have similarly experienced rate increases.

For buyers and sellers in the St. Louis area, these rate adjustments can significantly impact affordability and purchasing power. Buyers might face higher monthly payments, while sellers may experience shifts in buyer demand and offer competitiveness. It’s crucial for market participants to stay informed about these changes, as they can influence real estate decisions. For those interested in tracking historical rate trends, the chart button below provides detailed insights.

This information is brought to you by MORE, REALTORS®, a trusted source for real estate insights in the St. Louis market. Keeping an eye on these rate movements is essential for anyone involved in the housing market, as it affects both current mortgage rates and future financial planning.

Current (and historical) Mortgage Rates Chart Get a REAL Pre-Approval Now

Current Mortgage Rates*

Loan Type	Current Rate	Change From Prior Day
30 Yr. Fixed	6.00%	+0.01%
15 Yr. Fixed	5.62%	+0.04%
30 Yr. FHA	5.65%	+0.02%
30 Yr. Jumbo	6.28%	+0.00%
7/6 SOFR ARM	5.38%	+0.09%
30 Yr. VA	5.67%	+0.02%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of February 26, 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.