February 14, 2026

💘 Valentine’s Rate Update: Love Is in the Air… and Rates Are Staying Attractive

Mortgage rates are feeling a little romantic this Valentine’s season — hovering near some of the lowest levels we’ve seen in over three years. After the administration announced Fannie Mae and Freddie Mac would resume purchasing mortgage-backed securities in early January, rates dropped sharply. While we saw a modest rebound afterward, rates have largely stayed steady, sitting just slightly above those long-term lows.

Over the past couple of days, improvement has nudged average lender rates back toward those early-January levels again. The latest boost came from a softer-than-expected Consumer Price Index (CPI) report for January. Since lower inflation typically supports lower mortgage rates, this tame inflation reading helped strengthen bonds — and when bonds improve, mortgage rates tend to follow.

🔥Hit me up if you have questions on how this will impact you falling in love with that new home purchase or refinancing the one you already love.