Mortgage News Daily's 30 year fixed eased to 7.54% on Thursday, down 0.06 from Wednesday's 7.60%, the highest in almost three years, and the 15 year is 7.18%. The 10 year Treasury closed at 5.24%, down from 5.29%.
30 Year Fixed
7.54%
Thursday's reading, Mortgage News Daily
Houses and townhomes buyable
64
54 active, 1 newly listed, 9 coming soon
Median asking
$1,298,000
homes on the market, 31 median days on market
Under contract
27
unchanged from Thursday
The list ticks up to 64
Newark's buyable list of houses and townhomes rose by one to 64. One home joined the list, one coming soon home was newly listed, and one home returned to active status after a price change. One home went under contract and one in contract home left the list, so the under contract count held at 27. One seller lowered an asking price.
What 7.54% costs on a Newark home
On Newark's median asking price of $1,298,000 with 20% down, the loan is $1,038,400, inside the $1,249,125 high balance conforming limit for Alameda County. Principal and interest comes to $7,289 a month at 7.54%, against $6,832 at 6.89% on September 1. That is $457 more every month than at the start of September, and $43 less than at Wednesday's 7.60%.
A slower job market can bring rates down, but one report is not a trend. If you are looking, Harv Balu and Liliana Mayen will send you every home that fits your search.
Based on information from the Bay East Association of REALTORS® (Bay East MLS) as of 10/02/26. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Single family homes and townhomes in Newark, CA 94560.
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