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California Has 85.5% Mortgage Loan Approval Rate, Above Average

California Has 85.5% Mortgage Loan Approval Rate, Above Average

Pent-up demand from the pandemic, low interest rates, and a shortage of properties have created a booming housing market with near record levels of refinance activity. While typical home values have increased by 15% from a year ago, the housing market is expected to stay hot in many cities through the end of the year […]