California Median Price - Affordability - Mortgage Rates

Date May 11, 2007

Calif. median home price - March 07: $580,090

Calif. highest median home price by C.A.R. region Santa Barbara So. Coast $1,200,000
  
Calif. lowest median home price by C.A.R. region March 07: High Desert $320,830
  
Calif. First-time Buyer Affordability Index - Fourth Quarter 06: 25 percent
(Source: C.A.R.)
  
Mortgage rates - week ending 5/3:
30-yr. fixed: 6.16%; Fees/points: 0.5%
15-yr. fixed: 5.87%; Fees/points: 0.5%
1-yr. adjustable: 5.42%; Fees/points: 0.7%
(Source: Freddie Mac)

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