https://www.siliconvalley.com/2022/01/30/rising-interest-rates-making-bay-area-homes-even-less-affordable/

Few homes for sale, high prices, fierce bidding wars – and now higher interest rates – have seeped into the Bay Area real estate market.

Rising interest rates have pushed monthly payments for buyers up nearly 7% in the last month, and more increases could be on the way.