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High mortgage rates trigger rising contract cancellations across California housing market

High mortgage rates trigger rising contract cancellations across California housing market
Photo: KTVU FOX 2 News · view original

Rising mortgage rates and elevated home prices are forcing home buyers across California to reconsider at the closing table, according to a new report from Redfin. Chief Economist Daryl Fairweather joined "The Nine" to break down the regional divides, high inventory levels, and how buyers and sel...

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