4Spokane News
housing · Sunday, October 4

Mortgage Rates Hit Three-Year Highs in Los Angeles

Higher rates are weighing on home sales, according to CBS News.

Discover the vibrant residential landscape of Los Angeles, CA from above.
Stock photo: RITESH SINGH / Pexels. Illustrates the topic; not a photo of the event.

Mortgage rates have reached their highest level in three years, pushing housing sales lower. The change is being reported from Los Angeles, where CBS News correspondent Akiko Fujita has more details.

Source: CBS News U.S. ↗

Original reporting

Summarized from the reporting above. Read it for the full story.

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