Oil prices calmed down, and your rate held steady

Today's average 30-year fixed rate is 6.375% (6.424% APR). It didn't move today, and that's good news. Oil prices settled near $73 a barrel after supply routes in the Middle East improved, which takes some pressure off inflation. When inflation worries ease, rates usually get a little room to drop. But this week, the bond market is waiting for Thursday's jobs report before making any big moves.

That jobs report matters because it tells the story of how many people are working and whether wages are climbing fast. Strong jobs and rising wages can push rates up. Weak numbers can bring them down. Right now, Wall Street expects 115,000 new jobs and unemployment holding at 4.3%. If the numbers come in softer, you might see rates tick lower by the end of the week. If they surprise higher, rates could move the other way.

If you're payment-sensitive and want a smaller upfront number, we also offer a 40-year interest-only loan at 6.625% (6.764% APR) that keeps your monthly cost down while you build equity over time. It's one option among many, and it's worth a conversation if your budget is tight. I answer my own phone. Let's talk through what makes sense for you before Thursday's news hits.

Rates shown are today's average California rates as of 6/24/2026, for general information only and not an offer or commitment to lend. Your actual rate and APR depend on your credit, loan amount, down payment, and property, and rates and terms can change at any time. Brett Hickman, NMLS #2010859. Home First Financial, NMLS #2465048. Equal Housing Lender.