A January storm that wreaked havoc across much of the U.S. pushed existing home sales down, but a positive inflation report gave housing professionals and consumers a reason to believe that mortgage rate stability isn’t going anywhere.

At HousingWire’s Mortgage Rates Center on Tuesday, rates for 30-year conforming loans averaged 6.26%. That figure is nearly unchanged from two weeks ago. Rates for 30-year jumbo loans shed 4 basis points (bps) during that period to average 6.07%, while rates for 30-year loans through the Federal Housing Administration (FHA) were down 2 bps to 6.01%. The Mortgage Rates Center analyzes locked details ⇒

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