"At a Glance" Local Housing STATS and News 06/29/26

30-Year Fixed: 6.53%  |  15-Year Fixed: 6.12%

The 30-year fixed held at 6.53% and the 15-year at 6.12%. With the Fed's inflation gauge still running hot, the slow drift lower is likely to stay slow, and the lock-in effect keeping resale supply tight is not loosening.

Local board: 2,945 active (down 19 from Friday), 230 new listings, 190 closed sales. Oakland again led with 42 new on 778 active; Fremont added 28 new on 355 active.

National: Morgan Stanley put a number on the standoff, estimating that an owner who sold and rebought a similar home today could see their payment jump about 200%, roughly $1,300 to $1,400 more a month, which is exactly why so many owners are staying put. At the luxury end, some sellers are now accepting private tech-company stock instead of cash, including a $2.6 million Miami listing taking startup shares.

Fremont & Milpitas

• Fremont: 28 new / 355 active (up 1)
• Milpitas: 6 new / 117 active (down 7)

I-880 Corridor

• Hayward: 22 new / 274 active (down 2)
• Newark: 11 new / 125 active (up 2)
• San Leandro: 7 new / 95 active (up 2)
• Union City: 7 new / 82 active (down 6)
• San Lorenzo: 4 new / 24 active (up 1)

Tri-Valley

• Dublin: 23 new / 200 active (down 5)
• Livermore: 19 new / 223 active (down 3)
• San Ramon: 15 new / 216 active (up 3)
• Pleasanton: 13 new / 162 active (down 3)

Oakland & Contra Costa

• Oakland: 42 new / 778 active (volume leader)
• Danville: 19 new / 196 active (down 3)
• Castro Valley: 13 new / 90 active (up 1)
• Sunol: 1 new / 8 active (flat)

S&P 500: 7,354  |  DOW: 51,876  |  NASDAQ: 25,297

Stocks barely moved, with the S&P 500 off 0.05%, the NASDAQ down 0.24%, and the DOW off 0.09%. The drama was in the chips: ON Semiconductor (ON -23.66%) had one of its worst days ever after announcing it is buying Synaptics (SYNA -3.68%), a deal it says opens up a $30 billion market in physical AI. Meanwhile SpaceX (SPCX +0.15%) is joining the Nasdaq, so millions of index-fund investors are about to own a sliver of a rocket company whether they planned to or not.

US 10-Year: 4.38%  |  Gold: $4,080  |  Silver: $58.80  |  Brent: $73.37

Inflation is still warm. The Fed's preferred gauge rose 4.1%, the fastest pace since April 2023, and Richmond Fed President Tom Barkin warned it will be tough to cool prices without keeping rates high. Aluminum, meanwhile, just logged a fourth straight weekly drop, off 6.4% on the week, as a possible Middle East ceasefire looks set to restart regional supply (see the chart below).

Precious metals eased: gold slipped 0.40% to $4,080 and silver to about $58.80. Brent crude firmed 0.53% to $73.37 and the 10-year Treasury yield held near 4.38%. For housing, a hot inflation read keeps real relief on mortgage rates out of reach for now.

BTC: $59,119  |  ETH: $1,557  |  XRP: $1.04

Crypto drifted lower, with Bitcoin off 0.75% to $59,119, Ether down 0.82% to $1,557, and XRP off 1.09% to $1.04. The big money is leaving: investors pulled $1.30 billion from BlackRock's IBIT last week, 73% of all spot Bitcoin ETF outflows. On the brighter side, Polygon became the busiest network for stablecoin payments, moving $79.25 billion in May as Visa and Meta leaned in.

Disclaimer: The market data, rates, and information provided are for informational purposes only and should not be considered financial advice. Always verify rates and data with your lender or financial advisor before making any decisions.