Feb 22, 2022
The HOP (Home Ownership Podcast) Episode 84: After months of inching their way up, Village Properties Realtor and host of the HOP, David Charles Allen, reports that interest rates on 30-year conforming loans reached 4%--while jumbo 30 - year loans reached 3.5%. While interest rates are still historically low, they are definitely on the rise. If they continue to rise, some buyers will be priced out of the market while others will be more determined than ever to purchase a home. With 39 pending sales and 26 new listings, there was still no build up of available homes for sale. For information on real estate in Santa Barbara, email firstname.lastname@example.org or call 805-617-9311.