California Mortgage Rates

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Home » Mortgage Rates By State » Mortgages Rates in California

California Mortgage Rates

Mortgage Rates

The Lowest Mortgage Rate: 30 Year-5.76%, 15 Year-5.36%

California Mortgage Rates as of 08/27/08

PRODUCT	RATE		CHANGE
30 Year Fixed	5.97%		-0.01%
15 Year Fixed	5.55%		0.00%
30 Year Fixed Jumbo	6.76%		0.02%
15 Year Fixed Jumbo	6.43%		0.01%
5 Year Balloon	6.38%		0.00%
7 Year Balloon	6.63%		0.00%
1/1 ARM	5.71%		-0.05%
3/1 ARM	5.56%		0.03%
5/1 ARM	5.62%		-0.02%
1/1 Jumbo ARM	5.94%		0.00%
3/1 Jumbo ARM	6.07%		0.07%
5/1 Jumbo ARM	6.11%		0.00%
FHA 30 Year Fixed	5.94%		-0.10%
FHA 1 Yr ARM	5.86%		0.04%
VA 30 Year Fixed	5.88%		-0.13%



Before applying for mortgage loans or mortgage refinance, you should always remember that California state mortgage rates fluctuate on a daily basis. Therefore it is important to revisit this site often to obtain the latest mortgage rates for California state before applying for a new mortgage or refinancing your current mortgage. Above you will find today's mortgage rates for the most popular mortgage products available in California state. These rates are based on California state mortgage companies poll for their mortgage products offers and are updated daily. These mortgage rates, as well as the list of California mortgage companies with their current mortgage offerings, should give you a good starting point for your research.

Mortgage industry news

African Americans, Hispanics charged higher mortgage rates, says study Earthtimes - WASHINGTON: A study by an advocacy group in the U.S. has brought out that African Americans and Hispanics are more likely to be charged with higher rates of interest for mortgages than wh (full story)	BMO Bank of Montreal Changes Mortgage Rates BMO Bank of Montreal today announced it is changing its residential mortgage rates, effective June 6, 2006. The new rates are: (full story)
Group Lowers Forecast for U.S. Home Sales in 2006 FOX News - WASHINGTON ? The National Association of Realtors on Tuesday lowered its forecast for U.S. home sales in 2006 and called on the Federal Reserve to stop raising interest rates because parts (full story)	Race can affect mortgage rates Blacks and Hispanics with weak credit histories risk paying higher mortgage rates than whites with similar credit, but local, state and industry officials say there are steps that can be taken to head (full story)

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8/27/2008 10:47 PM