Mortgage Rates Wednesday, Feb. 15: Surge; Appraisal Values Lower Than Owners Think Mortgage rates moved lower for the 2nd straight day, which brings them back in line with Monday’s levels. While these aren’t quite the lowest rates of the past 2 weeks, they’re much closer than.

C.A.R.’s "2019 California Housing Market Forecast" sees a modest decline in existing single-family home sales of 3.3 percent next year to reach 396,800 units, down from the projected 2018 sales figure of 410,460. The 2018 figure is 3.2 percent lower compared with the 424,100 pace of homes sold in 2017.