California Median Price - Affordability - Mortgage Rates

Date August 23, 2007

Calif. median home price - June 07: $594,260 
Calif. highest median home price by C.A.R. region June 07: Santa Barbara So. Coast $1,375,000 
Calif. lowest median home price by C.A.R. region June 07: High Desert $306,310
Calif. First-time Buyer Affordability Index - First Quarter 07: 25 percent
(Source: C.A.R.)  
Mortgage rates - week ending 7/26: 30-yr. fixed: 6.69%; Fees/points: 0.4% 15-yr. fixed: 6.39%; Fees/points: 0.4% 1-yr. adjustable: 5.71%; Fees/points: 0.5% (Source: Freddie Mac)

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