California's Mortgage Rate: A Puzzling Calm in a Volatile Sea
September 12, 2025
The U.S. real estate market has been a story of constant flux, with economic tides pulling in different directions. Yet, in this sea of uncertainty, California’s average 30-year fixed mortgage rate has remained remarkably stable, holding stubbornly around 6.58%. It's a paradox: why is a market famous for its extremes experiencing such a quiet period? For investors, this isn't just a curiosity; it's a critical moment to analyze the underlying forces and prepare for what comes next.