For St. Louis area buyers and sellers, these rate changes may have significant implications. Buyers might face slightly higher monthly payments, which could impact purchasing power and affordability. Sellers, on the other hand, might see a shift in buyer urgency, as rising rates commonly accelerate the decision-making process for potential homebuyers. It’s crucial for both parties to stay informed and consider locking in rates if planning a transaction soon.
For a comprehensive view of how these rates compare historically, please refer to the chart button below. This analysis is provided by MORE, REALTORS®, who continue to monitor the evolving mortgage landscape to provide the most accurate and timely information for St. Louis residents seeking to navigate the current real estate market.
Current Mortgage Rates*
| Loan Type | Current Rate | Change From Prior Day |
|---|---|---|
| 30 Yr. Fixed | 6.16% | +0.01% |
| 15 Yr. Fixed | 5.75% | +0.00% |
| 30 Yr. FHA | 5.82% | +0.01% |
| 30 Yr. Jumbo | 6.35% | -0.01% |
| 7/6 SOFR ARM | 5.62% | -0.01% |
| 30 Yr. VA | 5.84% | +0.01% |
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of January 29, 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.
