11/26/2025
Orange County Housing Report
There is real movement in the market. A steady drop in mortgage rates is improving affordability and setting up a stronger spring.
• Rates have held between 6.13 percent and 6.38 percent for almost three months
• This is the longest stretch below 6.5 percent since August 2022
• The 30-year rate is nearly three-quarters of a percent lower than last year
• A one-million-dollar mortgage costs about 496 dollars less per month at today’s rate of roughly 6.25 percent compared to 7 percent
• Buyer demand dipped 6 percent to 1,396 pending sales because of holiday distractions
The key point is simple. Lower rates are lining up with the coming Spring Market. Expect demand to rise quickly and quietly as 2026 begins.
