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Wednesday, June 2, 2010

Fast Facts: California Median Home Prices & Mortgage Rates

Calif. median home price: April 2010: $306,230 (Source: C.A.R.)

Calif. highest median home price by C.A.R. region April 2010: Santa Barbara So. Coast $879,000 (Source: C.A.R.)

Calif. lowest median home price by C.A.R. region April 2010: High Desert $127,300 (Source: C.A.R.)

Calif. First-time Buyer Affordability Index - First quarter 2010: 66 percent (Source: C.A.R.)

Mortgage rates: Week ending 5/27/2010

* 30-yr. fixed: 4.78 Fees/points: 0.7%
* 15-yr. fixed: 4.21% Fees/points: 0.7%
* 1-yr. adjustable: 3.95% Fees/points: 0.6%

(Source: Freddie Mac)

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