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Mortgage rates, lack of affordability causing Santa Clara County home sales to fall – (KGO) — The Bay Area remains a difficult place where few. Another factor that may have slowed sales is tax reform that impacted how much mortgage interest and property tax can be deducted..
The good news behind fed rate hikes rattling markets: mortgage rates are dropping – In California and especially the Bay Area, many buyers need bigger loans to cover the. Freddie Mac had forecast that average 30-year mortgage rates would reach 5.1 percent next year. That’s still.