How a 1% Rate Drop Could Revive San Jose Metro Housing

San Jose-Sunnyvale-Santa Clara, CA

Slide 1 — Mortgage boost
1% cut adds 2.9% more households able to buy median homes.

Slide 2 — Real numbers
19,835 additional households could qualify; ~1,984 potential extra sales follow.

Slide 3 — Tech hub effect
High-priced market makes even tiny rate drops meaningful for affordability.

Slide 4 — Homeowner unlock
Lower rates may encourage current owners to sell, easing tight supply.

Slide 5 — Takeaway
Rates dropping to 6% could be game-changing for Silicon Valley buyers.