Mortgage Rates Hold Steady + Government Shutdown Impact | Housing Market Update January 30 2026

Mortgage Rates Hold Steady + Government Shutdown Impact | Housing Market Update January 30 2026 Mortgage rates are holding steady, the Fed isn�t cutting yet, and another government shutdown could be right around the corner. In this week�s episode of The Weekly Spark, we walk through what�s happening right now and what it could mean for the housing market moving into February 2026. Thirty-year fixed mortgage rates are still sitting in the high 5s to low 6s, depending on loan type and borrower profile. Fed Chair Jerome Powell kept rates unchanged, pointing to inflation and job stability as reasons to stay put. We also cover how a potential government shutdown could shake the bond market and why that might actually lead to slightly lower interest rates. If you�re a real estate agent, lender, or buyer trying to make sense of the current market, this quick update gives you the context you need without the noise.