What Impact Does 7%+ Rates Have on the Sacramento Market?

For the last two or three weeks, 30-year fixed mortgage rates have marched steadily higher, topping a level we haven’t seen in over two years, and plenty of voices are calling the market doomed. In my latest video, I break down exactly what’s driving rates up right now, from the bond market to the geopolitical pressure behind it, why history says higher rates don’t automatically crash prices, and why this moment is likely temporary. Watch my video for the full breakdown. Learn more: https://www.homesbyelevate.com/why-in... Timestamps: 00:00 — Rates Top 7% 00:43 — Don’t Believe The Doom 01:17 — What’s Driving Rates 02:26 — What It Means Now #ElevateRealtyGroup #SacramentoRealEstate #InterestRates -- Elevate realty group is changing real estate for the betterment of the client! Unlike "traditional" agents Elevate provides customers a menu of options and is innovating new ways to buy and sell real estate. These offers include a renovation program to renovate your home up front and pay at closing, a trade in program allowing you to buy first and sell later, and cash offer programs! Visit our website it www.homesbyelevate.com for more information.