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	<title>Current market Archives - Sonoma County Mortgages</title>
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		<title>Why are current mortgage rates so high?</title>
		<link>https://sonomacountymortgages.com/2022/11/why-are-current-mortgage-rates/</link>
		
		<dc:creator><![CDATA[Scott Sheldon]]></dc:creator>
		<pubDate>Sun, 06 Nov 2022 18:00:23 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[BAD CREDIT MORTGAGE]]></category>
		<category><![CDATA[Buyer risk]]></category>
		<category><![CDATA[buying a house]]></category>
		<category><![CDATA[buying your first home]]></category>
		<category><![CDATA[Current market]]></category>
		<category><![CDATA[first time buyer]]></category>
		<category><![CDATA[home buying]]></category>
		<category><![CDATA[how to buy sonoma county real estate]]></category>
		<category><![CDATA[mortgage comparison shopping]]></category>
		<category><![CDATA[preapproval to buy a home]]></category>
		<guid isPermaLink="false">https://sonomacountymortgages.com/?p=17473</guid>

					<description><![CDATA[<p><img width="526" height="327" src="https://sonomacountymortgages.com/wp-content/uploads/2022/11/istockphoto-1218501849-170667a.jpg" class="attachment-large size-large wp-post-image" alt="Why your income is the biggest driver of purchasing power" style="float:left; margin-right:10px; height: 150px; width: 300px; border: 2px solid #e5e5e5" decoding="async" fetchpriority="high" srcset="https://sonomacountymortgages.com/wp-content/uploads/2022/11/istockphoto-1218501849-170667a.jpg 526w, https://sonomacountymortgages.com/wp-content/uploads/2022/11/istockphoto-1218501849-170667a-300x187.jpg 300w" sizes="(max-width: 526px) 100vw, 526px" />People who are thinking about getting a mortgage to buy or refinance a home are having shell shock relating to the costs associated with doing a mortgage transaction. It’s not as simple as inflation to why mortgage rates are so high. Here’s some information that explains not only why mortgage rates are so high, but&#8230;</p>
<p>The post <a href="https://sonomacountymortgages.com/2022/11/why-are-current-mortgage-rates/">Why are current mortgage rates so high?</a> appeared first on <a href="https://sonomacountymortgages.com">Sonoma County Mortgages</a>.</p>
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