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Luxton Real Estate · Blog

Central Coast Real Estate Insights

Market updates and practical advice for buyers, sellers and investors from Karlie Montgomery.

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The Fed Raised Rates. Here Is What It Means for Buyers and Sellers.

On September 16 the Fed raised its benchmark rate for the first time in over three years, and mortgage rates have climbed above 7% (Freddie Mac’s weekly 30-year average was 7.40% as of October 15, 2026). Here is what that means for the payment on a Central Coast home, and what buyers and sellers in Paso Robles and Atascadero should do this month.

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