Santa Monica is one of the worst cities in the nation for first-time home buyers looking to cash in on mortgage rates that have hit an all-time low, according to a survey by an online financial site.

The beach city ranked 284 among 300 U.S. cities ranked by WalletHub based on "26 key indicators of market attractiveness, affordability and quality of life," the site said.

Read More: https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2020/July-2020/07_08_2020_Santa_Monica_Ranks_Among_Worst_Cities_to_Buy_First_Home.html