California Median Price - Affordability - Mortgage Rates

Date December 29, 2007

Calif. median home price - November 07: $488,640  
Calif. highest median home price by C.A.R. region November 07: Santa Barbara So. Coast $1,075,000 
Calif. lowest median home price by C.A.R. region November 07: High Desert $262,650 
Calif. First-time Buyer Affordability Index - Third Quarter 07: 24 percent
(Source: C.A.R.)
  
Mortgage rates - week ending 12/20: 30-yr. fixed: 6.14%; Fees/points: 0.4% 15-yr. fixed: 5.79%; Fees/points: 0.4% 1-yr. adjustable: 5.51%; Fees/points: 0.6%
(Source: Freddie Mac)

Category Posted in All Things San Diego, Lending, Local Business, Real Estate, Things of Interest

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