January 19, 2026: The good news for anyone looking to buy a home or refinance their existing mortgage is that today’s mortgage rates, as of January 19, 2026, are showing a promising downward trend. According to Zillow, the national average for a 30-year fixed mortgage now sits at a very attractive 5.90%, dipping below that crucial 6% mark. This movement is more than just a number; it represents a significant opportunity for savings and a potential boost to the housing market.

Lower Boston condo mortgage rates are here

Boston condo for sale buyers read the blog below!

Mortgage rates fell sharply yesterday, a day after the possibility of mortgage giants Fannie Mae and Freddie Mac being ordered to buy $200 billion in mortgage bonds.

The 30-year mortgage rate dropped 22 basis points to 5.99%, matching the low from Feb. 2, 2023.

Fannie Mae and Freddie (in government conservatorship) do not originate home loans. They buy loans from lenders, bundle them into mortgage-backed securities (MBS), and sell them to investors thereby replenishing lender funds for new loans and keeping interest rates lower and more stable for homebuyers.

Purchasing more mortgage-backed bonds or securities can move mortgage rates lower. In the first 2 months of the Covid pandemic, as markets reeled, the Fed purchased $580 billion in agency MBS and continued buying more throughout the year. From March 2020 through June 2021, the Fed increased its MBS holdings from $1.4 trillion to $2.3 trillion.

John Ford (Ford Realty Inc.) An independent broker, known for his meticulous attention to detail and extensive knowledge of the Boston Seaport condo for sale market. Working with an independent broker can provide a more personalized, “personal trainer” level of service for your Boston Seaport condo for sale needs.

Praise the Lord – Boston condo rated are below 6%

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Boston Seaport Sellers – List for only 2%

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Ford Realty Beacon Hill – Condo for Sale Office

Boston condos for sale – Ford Realty Inc

Updated: Boston Condos for Sale Blog 2026

John Ford Boston Beacon Hill Condo Broker 137 Charles Street Boston, MA. 02114

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Lower Boston condo mortgage rates are here

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.29% from 6.43%
Applications for a mortgage to purchase a home rose 2% for the week but were 3% lower than the same week one year ago.

A sign is posted in front of a home for sale on November 30, 2023 in Larkspur, California. According to a report by the National Association of Realtors, pending home sales fell 1.5 percent in October to their lowest level in 20 years. (Photo by Justin Sullivan/Getty Images)

Justin Sullivan | Getty Images News | Getty Images

Mortgage rates fell for the sixth straight week last week, but mortgage demand still seems to be waiting for something bigger.

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.29% from 6.43%, with points falling to 0.55 from 0.56 (including the origination fee) for loans with a 20% down payment, according to the Mortgage Bankers Association. That is the lowest level since February 2023 and nearly a full percentage point lower than the same week one year ago.

Lower Boston condo mortgage rates are here

Fed Chair Powell finally indicated today that it is time for rates to be lowered…..and the 10-year bond yield barely budged. The next Fed move is already priced into mortgage rates.

Don’t wait to buy a Boston condo for sale just because you think rates might get better. Buy when you find the right home for you!

From realtor.com:

In the coming months, we’ll provide regular updates on these homebuyers so you can see how their various strategies pay off, and learn more about how to time your own home search just right.