Mortgage Rates 📢 January 5th, 2026

INTEREST RATES

Rate data as of morning of publication. Unless noted otherwise, all scenarios are assuming 30 Year-Fixed mortgage, Purchase or R/T Refinance. No origination points charged, 780 FICO score, and 20% down payment. Provided for consumer education only and does not serve as a binding offer to extend lending. Payment period, interest rate, APR, and other terms subject to income, asset, and credit profile qualification. Provided courtesy of GTG Financial, Inc. NMLS 1595076. Equal housing opportunity. www.nmlsconsumeraccess.org

🌍 Venezuela and Market Reaction

• 🛢 Headlines around Venezuela briefly lifted geopolitical risk, mainly tied to potential oil supply disruptions.

• 📉 So far, bonds have stayed calm, suggesting markets see this as noise, not a supply shock.

• 🏦 When oil spikes, inflation fears usually push bond yields higher, which can pressure mortgage rates. That has not happened yet.

• 🧭 For now, mortgage rates remain driven far more by U.S. labor and inflation data than international headlines.

The big picture

• 🟢 Mortgage rates are opening 2026 largely unchanged, extending a stretch of stability that now spans roughly four months.

• 📊 The 10-year Treasury remains range-bound, which continues to limit day-to-day volatility in mortgage pricing.

• 🏡 This is one of the calmest rate environments we have seen in some time, despite a busy economic calendar.

What we are watching

• 👀 Labor data and housing reports later this week could create short-term movement, but nothing currently points to a breakout.

• ⚠️ January inflation resets can add noise, though the bond market appears prepared for it.

• 🧭 Until proven otherwise, rates remain in a holding pattern, not a new trend.

Realtor takeaway

• 📌 Rate stability makes it easier to keep clients focused on price, negotiations, and timing, rather than rate fear.

• 📌 Predictable payments reduce last-minute surprises during escrow.

• 📌 Early 2026 conditions are more supportive of deal flow than headlines might suggest.