California Median Price - Affordability - Mortgage Rates

Date December 10, 2007

Calif. median home price - October 07: $497,110  
Calif. highest median home price by C.A.R. region October 07: Santa Barbara So. Coast $1,325,000 
Calif. lowest median home price by C.A.R. region October 07: High Desert $265,880
Calif. First-time Buyer Affordability Index - Third Quarter 07: 24 percent
(Source: C.A.R.)  

Mortgage rates - week ending 11/29: 30-yr. fixed: 6.10%; Fees/points: 0.5% 15-yr. fixed: 5.73%; Fees/points: 0.5% 1-yr. adjustable: 5.43%; Fees/points: 0.7%
(Source: Freddie Mac)

Leave a Reply

You must be logged in to post a comment.