Mortgage News Daily's 30 year fixed rose to 7.57% on Friday, up 0.03 from Thursday's 7.54% and just under the 7.60% of September 30, and the 15 year is 7.19%. The 10 year Treasury closed at 5.28%, up from 5.24%.
30 Year Fixed
7.57%
Friday's reading, Mortgage News Daily
Houses and townhomes buyable
63
52 active, 1 newly listed, 10 coming soon
Median asking
$1,298,000
homes on the market, 32 median days on market
Under contract
26
down one from Friday
The list slips to 63
Newark's buyable list of houses and townhomes slipped by one to 63. Two coming soon homes joined the list and two active homes left it, while one coming soon home went straight under contract. Two in contract homes left the list, which usually means the sales closed, so the under contract count dipped to 26. No seller changed an asking price.
What 7.57% 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 $7,310 a month at 7.57%, against $6,832 at 6.89% on September 1. That is $478 more every month than at the start of September, and $21 more than at Thursday's 7.54%.
A soft jobs report has not brought rates down yet. 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 10/03/26. 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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