California Median Price - Affordability - Mortgage Rates - March 2007

Date March 16, 2007

Calif. median home price - January 07: $559,640 Calif. highest median home price by C.A.R. region

January 07: Santa Barbara So. Coast $1,150,000 Calif. lowest median home price by C.A.R. region

 January 07: High Desert $317,380 Calif. First-time Buyer Affordability Index: Fourth Quarter 06: 25 percent (Source: C.A.R.) Mortgage rates - week ending 3/1: 30-yr. fixed: 6.18%; Fees/points: 0.4% 15-yr. fixed: 5.92%; Fees/points: 0.5% 1-yr. adjustable: 5.49%; Fees/points: 0.6% (Source: Freddie Mac)

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