Rising mortgage rates making dramatic impact on Sacramento real estate market
Homebuyers are continuing to struggle with rising mortgage costs as interest rates are now the highest they've been in more than 20 years.
Source: cbsnews.com
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Homebuyers are continuing to struggle with rising mortgage costs as interest rates are now the highest they've been in more than 20 years.
It causing a shift in the Sacramento housing market. New builds are going fast while resale is slowing down
Census data shows Placer County is becoming a desirable spot for families, especially those with young children.
And a new bank initiative to help Black households buy homes in Sacramento.
Thirty-year mortgage rates briefly flirted last week with the 20-year highs they reached in the fall.