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Interest Rates Rise with No Gain in Supply
The HOP (Home Ownership Podcast) Episode 88: Host of the HOP, Village Properties realtor, David Charles Allen, said that Santa Barbarans have been enjoying beautiful spring weather with temperatures in the 60's and 70s. There have also been decent swells to make surfers happy. Interest rates rose significatntly, up to 4.25% for 30 - year conforming loans and 3.75% for 30 - year jumbo loans. In Santa Barbara, there were 35 new listings, 35 properties closed, and 32 are pending. David and Patti discussed the trend to go off grid with solar energy and wells.
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By Patti TeelThe HOP (Home Ownership Podcast) Episode 88: Host of the HOP, Village Properties realtor, David Charles Allen, said that Santa Barbarans have been enjoying beautiful spring weather with temperatures in the 60's and 70s. There have also been decent swells to make surfers happy. Interest rates rose significatntly, up to 4.25% for 30 - year conforming loans and 3.75% for 30 - year jumbo loans. In Santa Barbara, there were 35 new listings, 35 properties closed, and 32 are pending. David and Patti discussed the trend to go off grid with solar energy and wells.