Friday, August 14, 2009

Fast Facts

Calif. median home price - June 09: $274,740

Calif. highest median home price by C.A.R. region June 09: Santa Barbara So. Coast - $850,000

Calif. lowest median home price by C.A.R. region June 09: High Desert - $108,600

Calif. First-time Buyer Affordability Index - First Quarter 2009: 69 percent

Mortgage rates - week ending 8/6/09

30-yr. fixed: 5.22% Fees/points: 0.6%
15-yr. fixed: 4.63% Fees/points: 0.6%
1-yr. adjustable: 4.78% Fees/points: 0.5%

Source: Source: C.A.R. & Freddie Mac

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