Applications for mortgages to purchase homes plummeted 6.5% last week bringing us to 21% below the rates during the same period in 2021. We haven’t seen demand as low as it is now since 2000. That’s a 22-year low! What does this mean for you? Fair warning: at least 95% of this blog is going to sound like bad news for home affordability. But we promise, if you hold on u...

• calendar_month June 11, 2022
• category Current Real Estate, RE News
• post California Housing Market, housing market, mortgages