Interest Rates Take a Dip
from The Hop
The HOP (Home Ownership Podcast) Episode 103: Village Properties Realtor and host of the HOP, David Charles Allen, gives the latest Santa Barbara Real Estate Stats. Last week. there were 40 new listings, 12 price changes, 36 coming soon, 24 pending and 10 expired listings. Surprisingly, interest rates dropped from almost 6 per percent to below 5 percent. Interest rates on thirty-year fixed loans dropped down to 4.875% and thirty-year jumbo loans dropped to 4.5 percent. Houses are not selling quite as quickly as they were a couple of months ago due to a number of factors which David discusses in this episode. David and co-host Patti close the show by talking about their fur babies. David recently took a long road trip with his dogs and cat. Find out how it went! You can reach out to David by calling 805-617-9311 or email [email protected]
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