Will lower mortgage rates save California’s housing market?
- The Federal Reserve is cautious about cutting rates due to concerns about trade wars and inflation.
- Estimated house payments decreased by 5% on average when mortgage rates declined, contrasting with an 18% rise in payments when rates increased.
- Lower mortgage rates have historically increased activity among house hunters, while mortgage payments can rise significantly with higher rates.
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13 Articles
13 Articles
All
Left
2
Center
8
Right
2
Coverage Details
Total News Sources13
Leaning Left2Leaning Right2Center8Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 17%
C 67%
R 17%
Factuality
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