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January 5, 2007

2

California Home Prices & Mortgage Rates

by Jared

 

 
Calif. median home price – November 06: $555,290 (Source: C.A.R.)
Calif. highest median home price by C.A.R. region November 06:Santa Barbara So. Coast $1,083,000 (Source: C.A.R.)
Calif. lowest median home price by C.A.R. region November 06: High Desert $332,340 (Source: C.A.R.)

 

Mortgage rates – week ending 12/28:
30-yr. fixed: 6.18%; Fees/points: 0.4%
15-yr. fixed: 5.93%; Fees/points: 0.4%
1-yr. adjustable: 5.47%; Fees/points: 0.6% (Source: Freddie Mac) [tags] California home prices, CA home prices, CA mortgage rates, California mortgage rates, mortgage rates, CA interest rates, home prices, home values [/tags]
 

 

 

 

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2 Comments
  1. What were the government regulators doing while banks and mortgage brokers were issuing these subprime loans?
    Chuck
    San Diego California Real Estate Agent

  2. Mar 10 2008

    San Diego is a great place to live, but all the residents here pay a huge weather premium in the value of their homes.
    Matt
    Mexico Dentist

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