30-Year Fixed: 6.85% | Jumbo 30-Year: 6.72% | 10-Year Treasury: 4.31%
Rates ticked up to start the week as bond markets continue pricing in a near-certain Fed hike on Wednesday. The 10-year yield is hovering just above 4.30% — a level we haven’t held since spring. Expect volatility through mid-week.
Marin Snapshot: 489 active listings as of this morning. A three-bedroom in Fairfax came back on market after a failed contract — buyer got cold feet on rates. That’s the new inventory story: re-lists from rate-sensitive buyers, not distress. Still a seller’s market for well-priced homes, negotiating room for overpriced ones.
Rate Watch: If the Fed hikes Wednesday (consensus says yes), expect the 30-year to test 7.00% by end of week. Pre-approvals locked before Wednesday’s announcement will hold their rate.
Questions? Call or text Michael DiVita directly: (800) 239-1103. DiVita Home Finance — NMLS #323700.
