📉 Lower Rates + Rising Inventory = More Options for Buyers

Mortgage rates have been moving in a positive direction for buyers. According to Mortgage News Daily, the 30-year fixed rate is now around 6.58%, the lowest we’ve seen in 10 months.

At the same time, our latest market update shows months of inventory in Placer County has increased compared to earlier this summer. That means there are more homes available and less competition for each one.

What This Means for Buyers

• Lower Rates = Lower Monthly Payments compared to when rates were higher earlier this year.

• More Inventory = More Choices in the type, location, and price range of homes available.

• Market Conditions Have Shifted from the tighter, higher-rate environment we saw just a few months ago.

While no one can predict exactly where rates or inventory will go next, the combination we’re seeing now may offer better conditions than buyers experienced earlier in the year.

If you’d like to see updated payment estimates or get a sense of what’s available in your price range, I’m happy to help.

Call or text: (916) 316-5626
Visit: www.OwnPlacer.com

Patrick Hake
Broker Associate
eXp Realty of California
License #01349088

Placer County This Weekend (Aug 14 – 17, 2025)

Looking for something fun to do in and around Placer County this weekend? Here are three standout events happening across the region:

Food Truck Fiesta – Auburn
Recreation Park, Auburn (123 Recreation Dr, Auburn, CA)
 Friday, August 15, 2025 • 5:00 PM – 9:00 PM
Auburn’s annual Food Truck Fiesta returns with a mouthwatering lineup of local food trucks, live music, and a beer garden—all in support of the Auburn Bike Park. Last year, over 1,000 attendees showed up!
Event Details »

 Evenings in the Park: Moana 2
 Johnson-Springview Park, Rocklin
Friday, August 15, 2025 • 7:00 PM (movie starts at dusk)
Free outdoor movie night with vendors and food trucks. Bring blankets, chairs, and the whole family.
Event Details »

Tri-County Home & Garden Show
 Roebbelen Event Center, Roseville
Fri: 12 PM–6 PM, Sat: 10 AM–6 PM, Sun: 10 AM–5 PM
Explore home improvement ideas, landscaping inspiration, and shop from dozens of local vendors.
Event Details »