A jump in 30-year rates to 6.53% pushes the median Loomis mortgage payment past half of local household income, an extreme by any standard.
Fair Oaks and Arden-Arcade saw prices climb more than 5% year-over-year while Rancho Cordova and Citrus Heights posted drops of 8% or steeper.
A 0.35-point rate increase adds $159 to the monthly payment on a median-priced home — a steeper hit than most peer cities are absorbing.
A higher home price has erased almost all the relief from a lower mortgage rate, leaving Granite Bay buyers paying $114 more per month than last June.
A jump from 6.18% to 6.53% adds about $101 to the monthly payment on a median-priced Orangevale home — roughly $1,207 more per year.
A 0.35-point jump in 30-year rates pushes the monthly payment on a typical Rocklin home up by roughly $128, one of the steeper hits in the area.
A 0.35-point jump in 30-year rates adds $115 to the monthly payment on a typical Roseville home, pushing the bill to nearly a third of local income.
A 0.35-point climb in the 30-year fixed rate adds $139 to the monthly payment on a median-priced Folsom home — a steeper bite than peer cities are absorbing.
Sacramento's high-end exurb posted a double-digit price gain while most surrounding cities saw values slip, even as buyers returned in larger numbers across the region.
A typical Santa Barbara household now sends nearly half its income to the landlord, even as rent growth has slowed to just 1.5% over the past year.