Found 2 blog entries tagged as Loomis CA.

With temperatures expected to climb into the triple digits this weekend, many Placer County residents will be looking for ways to escape the heat.

Fortunately, one of the best parts about living in Placer County is that we have no shortage of places to cool off. Whether you prefer spending the day at the lake, relaxing by a river, visiting a waterpark, or simply enjoying some air-conditioned comfort, there are plenty of great options just a short drive away.

If you're planning to get out this weekend, one quick tip: many of these destinations become extremely popular during the first major heat wave of the summer. Arriving early can mean easier parking, smaller crowds, and a much more relaxing experience.

Folsom Lake: A Summer Favorite

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Yesterday, the Federal Reserve held short-term interest rates steady—which is what most people expected.

But at the same time…

Mortgage rates have risen roughly 0.4% since the conflict with Iran began.

So what’s going on?

If the Fed didn’t raise rates, why did mortgage rates move higher?

The answer comes down to a chain reaction that’s worth understanding—especially if you’re buying or selling real estate in Placer County and the surrounding areas.

 

It Starts With Oil

When global conflicts involve or impact major oil-producing regions, markets immediately react to the risk of supply disruption.

Even the possibility of disruption can push oil prices higher.

And when oil prices rise, it doesn’t just affect gas at the pump.

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