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Coachella Valley
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- 17% mortgage rates squeeze Coachella Valley housing market●7% mortgage rates add pressure to Coachella Valley housing market
Mortgage rates reaching 7% are adding pressure to the Coachella Valley housing market in Southern California. Higher borrowing costs are making home purchases more expensive for buyers, compounding affordability challenges in a region that has already seen steep price growth in recent years, and local reports highlight growing strain on the market.