Will mortgage rates fall without a February Fed meeting? Experts weigh in – CBS News
January 28, 2026Mortgage rates have fallen steadily over the last few months, which has been welcome news for potential homebuyers who have faced higher-than-average mortgage loan rates over the last few years. And just recently, mortgage rates hit their lowest point in over three years, hovering just above the 6% mark on 30-year fixed-rate mortgages.
You can chalk that rate decline up to a few factors, including the recent announcement of a $200 billion mortgage-backed securities (MBS) purchase and three rate cuts from the Federal Reserve last year. And while there's a chance the Fed cuts rates further and pushes down mortgage rates even more, the chances are low at its January meeting. After that? The central bank won't meet again until mid-March.
In the article, Jeff Taylor, Founder & MD of Mphasis Digital Risk, along with other experts share their thoughts on what this could mean for mortgage rates in the in-between period and if home buyers can expect the mortgage rates to fall further.
