Mortgage Rates Near 6.7% as San Antonio Pending Sales Slip 10%
Published by Cash Flow Deals · Last updated 2026-08-17
The 30-year fixed mortgage rate averaged 6.69% for the week of August 17, 2026, down slightly from 6.78% a week earlier but still elevated, according to Bankrate. In Bexar County, that rate environment shows up in a real number: San Antonio's pending home sales fell 10% year-over-year in June 2026, even as closed sales jumped 15%, per the San Antonio Board of REALTORS. Cash Flow Deals is one option that doesn't require you to wait out a buyer's rate shopping: it connects Texas sellers with a licensed broker partner and locks a net price before repairs are even scoped.
| Factor | Traditional Listing at Today's Rates | Cash Flow Deals |
|---|---|---|
| Timeline | Buyer financing near 6.7% can slow approval and add contingency days | Net price and closing date are set before a buyer's rate shopping even starts |
| Price stability | Sellers often re-price mid-listing as comparable homes reduce | Price is locked at offer, before market shifts during a listing period |
| Buyer pool | San Antonio pending sales fell 10% year-over-year in June 2026 as fewer buyers qualify | Sale isn't contingent on how many qualified buyers are shopping this month |
What This Means for Florida Home Sellers
A rate near 6.7% changes two things at once for anyone selling a house right now: fewer buyers qualify for the same monthly payment, and fewer other homeowners are willing to trade their own low rate away by listing. If you locked in a mortgage below 5% between 2020 and 2021, moving today likely means a higher payment stacked on top of a new price tag, and that math is exactly what's keeping so many owners in place instead of listing.
What the Rate Environment Looks Like in San Antonio's Numbers
San Antonio's own market shows the rate story playing out in real numbers. Closed home sales rose 15% year-over-year to 3,479 in June 2026, but pending sales, the leading indicator of what closes next, fell 10% to 2,704, according to SABOR's June 2026 Multiple Listing Service report. Active listings climbed 5% to 17,409 homes and inventory measured 6.13 months, a level SABOR itself called a balanced market. Statewide, Texas home sales rose 7.7% year-over-year to 32,873 in June, while the median price actually dipped 0.5% to $348,500, a sign that rate-sensitive buyers are still negotiating hard even where sales volume looks healthy.
What Florida Sellers Should Do Now
Waiting for rates to drop back to 2021 levels isn't a plan, it's a bet with a mortgage payment attached to it. If a buyer's own rate shopping is the thing slowing your sale down, ask whether your loan is assumable before you list: FHA, VA, and USDA loans often are, and a below-market rate that transfers to a buyer can be worth more to them than a lower price.
Cash Flow Deals connects Texas sellers with a licensed broker partner through its national flat-fee, novation-based listing network. A locked net price works like a thermostat set to a fixed number: it doesn't creep up or down every time the Fed makes another announcement. The one exception: if something structural surfaces that was not visible or disclosed before we signed - foundation issues, hidden moisture, old wiring, cast-iron drain failure - we re-cost it and bring the number back to you. You decide. You can walk away. We disclose what we know at offer time so this almost never happens.
A traditional listing right now means competing for a smaller pool of qualified buyers. Cash Flow Deals's process: 1. Request your no-obligation offer. 2. Get a locked net price that isn't tied to this week's rate headline. 3. Pick your closing date instead of waiting on a buyer's mortgage approval to clear.
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What this means for your options
Higher rates shrink what buyers can qualify for, which stretches time on market and raises the odds a financed buyer's deal falls through after inspection or appraisal.
Wait and see
Keep the property as-is and hope conditions improve. The mortgage, insurance, and upkeep keep costing money while you wait, with no set date for things to turn around.
List with a traditional agent
Standard MLS listing, typically 5-6% in commission, and a financed buyer whose deal depends on appraisal, inspection, and lender approval — any of which can fall through after weeks on market.
Sell to Cash Flow Deals
No repairs, no showings, no financing contingency on your side — our novation structure connects you with a bank-financed buyer at a price locked at signing. A no-obligation offer, usually within one business day.
See your no-obligation cash offer before you decide anything.