Sonoma County Appraiser Snapshot

The rapid rise in interest rates from Spring 2022 through 2023 have put a serious pinch on real estate transactions and have nearly zeroed out refinancing. After The Fed left rates unchanged earlier this week, the prognosticators are still anticipating lower rates in the spring. Read this article from NBC News for additional information. 

https://www.nbcnews.com/business/economy/mortgage-rates-when-will-they-fall-how-much-2024-fannie-mae-rcna134506

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