BUSINESSPASADENA NOW
This Week’s Business Outlook for Pasadena
The week of July 6–12, 2026, saw a 2.4% drop in existing-home sales in June 2026 to a seasonally adjusted annual rate of 4.09 million, according to the National Association of Realtors. Freddie Mac reported a rise in the 30-year fixed-rate mortgage average to 6.49% from 6.43% for the week ending July 9, 2026, indicating financing pressure on Pasadena’s housing-dependent businesses.
Mentioned
Related Signal
Adjacent reporting
- Mortgage Rates Drop for Second Week to 6.3%, Freddie Mac Says
- Ascension’s home sales are growing despite affordability pressures
- US Mortgage Rates Are Little Changed Despite Surging Inflation
- Mortgage Rates Jump for Second Week to 6.37%, Freddie Mac Says
- Average US long-term mortgage rate falls to 6.48%, retreating from its highest level in 9 months