California Median Price - Affordability - Mortgage Rates

Date January 24, 2008

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 12/27: 30-yr. fixed: 6.17%; Fees/points: 0.5% 15-yr. fixed: 5.79%; Fees/points: 0.5% 1-yr. adjustable: 5.53%; Fees/points: 0.7%
(Source: Freddie Mac)

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