10/30/2026
📊 Here's the reality: 30-year mortgage rates are hovering around 7.18% right now, and a lot of buyers are feeling stuck. But here's what I'm seeing in the Silicon Valley market—this is actually creating opportunity for the right sellers and buyers who know how to navigate it.
If you locked in a rate below 6% a few years ago, you're part of the 82.8% of homeowners sitting on what feels like a golden ticket. That "lock-in effect" is real, and it's keeping inventory tight. For sellers, that means less competition. For buyers, it means being strategic about timing, down payment, and offer structure matters more than ever.
The key right now? Understanding what your actual monthly payment looks like at today's rates, and whether your offer strategy accounts for the buyer's financing reality. A $300,000 mortgage at 7% runs about $1,996/month (before taxes and insurance)—that's a very different conversation than it was three years ago.
Whether you're thinking about selling into this market or making a move as a buyer, the numbers matter. Let's talk about what makes sense for your situation.
📞 Susan Gee Berry - 650.464.3454
✉️ [email protected]
🔗 https://www.susangeeberry.com/agent-detail/Susan-Gee-Berry/329243
Give me a call or shoot me an email—I can walk you through how today's rates actually impact your buying power or selling timeline. The market's moving, and timing is everything right now.
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