Mortgage Rates Climb Near 6.75% As Oil Rises
The 30-year fixed nears 6.75% on rising oil prices as CA prices ease from spring records and inventory slowly rebuilds for buyers.

The 30-year fixed nears 6.75% on rising oil prices as CA prices ease from spring records and inventory slowly rebuilds for buyers.

California foreclosure filings climbed 12.8% in the first half of 2026 even as June home sales rebounded and mortgage rates held near 6.55%.

California home sales hit a 6-month high in June as the median price eased from May's record, while national sales cooled and rates ticked up.

National existing-home sales cooled in June even as affordability improved, while California's OC, LA, and San Diego markets show mixed local signals.

Redfin: SF prices jump 8.2% YoY while San Jose falls 5.6%, as pending sales rise and rates hold near 6.5% in a still-tight national market.

SB 79 opens transit areas to dense housing as mortgage rates rise, national prices hit a record, and foreclosure discounts create investor openings.
4160 Temescal Canyon Rd
Ste 401, Corona, CA 92883
California & Florida Hard Money & Real Estate Investing Experts
© 2026 The Norris Group. All rights reserved. Privacy Policy
NMLS ID 1623669 | California DRE 01219911 | Florida Mortgage Lender MLD1577
Website Design & Marketing: United Foundry