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7% interest rates are here...now what?

What Happens When 7% RATES Hit the San Diego Market

For a few months in 2022 mortgage rates crept up above the 7% range here in San Diego. Since rates just touched above 7% again, what happened back then, and what can we expect going forward in the San Diego Real Estate Market?

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Loren Sanders, DRE 01139038
Chris Erickson, DRE 01996646
Cassidy Lewis, DRE 01943342
Compass
682 S Coast Hwy 101
Encinitas CA 92024

⏰ Timecodes ⏰
0:00 7% Rates in San Diego
0:44 Rates are Up, Now What?
4:18 What Does This Mean for Buyers and Sellers?
6:13 What's Causing This?

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