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Real Estate

First-time homebuyer programs & San Francisco housing market

Marcus Chen
Managing Editor · Monday, October 26, 2026 at 6:25 PM · 1 min read
First-time homebuyer programs & San Francisco housing market — KTVU FOX 2 Bay Area, Mountain View Real Estate news
Image: KTVU FOX 2 Bay Area

Mortgage rates are climbing, reaching their highest levels in nearly three years. As of October 22, 2026, the average 30-year fixed mortgage rate stands at 7.32%, while the 15-year rate is 6.68%. What does this mean for homebuyers, and is now the right time to buy a home? Christina Perez, with Land Home Financial Services, and Marylou Lopez, with Coldwell Banker San Francisco, give insight.

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