Interest rates are on the rise in San Diego, and what that means

SAN DIEGO (KUSI) – Strategists are postulating that inflation is not the main reason for rising interest rates and is instead due to an uptick in the economy.

As a result, buyers are taking advantage of the opportunistic time before interest rates go up even higher.

Foreclosures are likely at some point this year.

Kara Kay from Compass Real Estate joined KUSI to update viewers on market housing.

Categories: Local San Diego News