Welcome to the May edition of Living Silicon Valley!
May in the Bay Area brings longer days, fresh energy, and a whole lot of local magic. From the whimsical charm of a vintage vehicle festival to the nonstop vibes at Downtown Campbell’s 46th Annual Boogie Music Festival, this month is brimming with reasons to get out and explore. Celebrate the season at a summer community kick-off, or dive into hundreds of fascinating fungi at the Morgan Hill Mushroom Festival. Whether you're here for event inspiration, home tips, or a peek at the latest market trends—you’re exactly where you need to be. Let’s see what’s blooming in Silicon Valley this May!
Mortgage Rate Update
Santa Clara County Mortgage Rate Update – As of April 29, 2025
Mortgage rates in Santa Clara County continue to show slight movement. Here’s the latest:
30-year fixed-rate mortgages: averaging around 6.65%
15-year fixed-rate mortgages: approximately 5.75%
5-year adjustable-rate mortgages (ARMs): about 7.18%
These rates are tracking closely with the broader California market, where the average 30-year fixed mortgage rate is currently 6.64%.
Just a friendly reminder: individual rates can vary based on personal factors like credit score, loan amount, and down payment. For the most accurate and personalized offers, it's smart to connect directly with a trusted local lender or explore online mortgage comparison tools.
In a market as dynamic as the Bay Area, staying proactive and informed can make all the difference when it comes to locking in the best mortgage terms.
Trivia at Bubbles & Brew
📅 Wednesday, April 30, 2025 at 7:00 PM 9:00 PM 📍 Bubbles & Brew Bistro
17105 Monterey Road Morgan Hill, CA, 95037
