The current market dynamics present both opportunities and challenges for St. Louis area buyers and sellers. While the stability of the 30-year fixed rate suggests a level of predictability for long-term financial planning, the decreased rates on other loan types such as the 15-year fixed and FHA loans could spur more activity in the housing market. Buyers might find this an opportune moment to lock in rates before any potential increases, while sellers could see increased buyer interest due to the broader affordability.
For those interested in historical rate trends, the chart button below offers a comprehensive view of past fluctuations. This information, provided courtesy of MORE, REALTORS®, is invaluable for anyone keen on understanding the broader context of current mortgage rates in St. Louis. As rates continue to adjust, staying informed is crucial for making savvy real estate decisions in 2026.
Current Mortgage Rates*
| Loan Type | Current Rate | Change From Prior Day |
|---|---|---|
| 30 Yr. Fixed | 6.07% | +0.00% |
| 15 Yr. Fixed | 5.58% | -0.01% |
| 30 Yr. FHA | 5.74% | -0.01% |
| 30 Yr. Jumbo | 6.34% | -0.01% |
| 7/6 SOFR ARM | 5.69% | +0.01% |
| 30 Yr. VA | 5.76% | -0.01% |
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of January 15, 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.