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California

Are cheaper mortgages bad news for California’s housing market?

When mortgage rates grow, California home prices average 10%-a-year gains. Rates down? Only 4.4% increases.

By: The Mercury News
  • Aug 08 2024
  • 54
  • 4009 Views
Are cheaper mortgages bad news for California’s housing market?
Are cheaper mortgages bad news
Falling mortgage rates should come with a warning label stating: “Be careful what you wish for!” This summer’s cheaper home loans ignited real estate buzz suggesting California’s two-year homebuying slump may be nearing its end. Related Articles Hous... [5701 chars]

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