California Association of Realtors Archives |

Higher mortgage rates, lower home sales in October

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Mortgage rates climbed close to 8% in October, scaring homebuyers — and those looking to sell their homes.

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Home prices increase as the number of available homes decline as more homeowners hold off selling.

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Lower mortgage rates are attracting buyers, but many cannot find a home with the limited supply.

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Homeowners are hesitant to move, idling the housing market and limiting options for home shoppers.

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Home sales increased for the third straight month in February, thanks to slightly lower mortgage rates and a drop in prices.