Freddie's weekly average hit 6.65%. Here's the buyer and seller line.

Freddie Mac's national weekly average 30-year fixed rate was 6.65% for the week of August 20. Today's average rate in California is 6.875% (6.924% APR), so we're right in line. That's the third week in a row rates have stayed close to this level, and it's giving both buyers and sellers a stable number to plan around. For your buyers, that means they can lock a rate today and know they're not chasing a moving target. For your sellers, it means the buyer pool isn't shrinking because of rate spikes, and deals aren't falling apart at the last minute because financing costs jumped.

The Fed's next decision is September 16. If a seller asks whether they should wait until after that meeting to list, the answer is no. Rates are stable right now, and waiting just costs them weeks of market time. If a buyer asks whether they should wait for rates to drop, remind them that trying to time the market usually means losing the house they want to someone who moved faster. The number that matters is the one they can lock today, and that number is predictable right now.

I'm here when your clients are ready to move. I close loans, I answer my phone, and I don't waste your time or theirs.

Rates shown are today's average California rates as of 9/11/2026, 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.