As home prices fall, Southern Californians who bought at the high are nervous
Christine and Michael Hawkins in their recently purchased condo in Canoga Park. The Hawkins took out a mortgage at the peak of their budget and planned to refinance when rates fell. Now they fear that they will not be able to refinance. (Mel Melcon/Los Angeles Times) Soaring mortgage interest rates threatened to crush Michael and …
As home prices fall, Southern Californians who bought at the high are nervous Read More »