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Mortgage rates continue to hover around seven percent, as the dynamics of a once-hot housing market have faded considerably. Unsure buyers navigating an unpredictable landscape keep demand declining while other potential buyers remain sidelined from an affordability standpoint. The interest rate hike by the Federal Reserve will certainly inject additional lead into the heels of the housing market.
If you’ve been waiting for a window to open in the Santa Barbara real estate market, this might just be it — and it’s not a drafty one. With interest rates dipping to their lowest level since early April and inventory on the rise, buyers are finally seeing some breathing room. Click Read More below for the entire post.
Harry and Meghan, the Duke and Duchess of Sussex, have set up a permanent home for themselves and their son Archie in Santa Barbara
