Harv Balu's blog

The 30-year fixed mortgage rate just climbed to 6.22%, up from 5.98% at the end of February. That's a meaningful jump — and it's happening right as the spring buying season kicks into gear. Read the Full Article →

For Bay Area buyers and sellers in Fremont, San Jose, Milpitas, Newark, Hayward, Union City, Sunnyvale, and Santa Clara, every fraction of a percent matters. Here's what you need to know:

• Rates are up but still lower than last year — If 6.67% worked for you last spring, 6.22% is an improvement.
• Treasury yields and inflation concerns are pushing rates higher. The...