California Median Price - Affordability - Mortgage Rates

Date April 17, 2008

Calif. median home price - January 08: $430,370
Calif. highest median home price by C.A.R. region January 08: Santa Barbara So. Coast $1,135,000
Calif. lowest median home price by C.A.R. region January 08: High Desert $234,310
Calif. First-time Buyer Affordability Index - Third Quarter 07: 33 percent
(Source: C.A.R.)  
Mortgage rates - week ending 03/13/08 30-yr. fixed: 6.13% Fees/points: 0.5% 15-yr. fixed: 5.60% Fees/points: 0.5% 1-yr. adjustable: 5.14 % Fees/points: 0.7%
(Source: Freddie Mac)

Category Posted in Lending, Real Estate, Things of Interest

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