Friday, June 4, 2010

Fast Facts

Calif. median home price: April 2010: $306,230

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

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

Calif. First-time Buyer Affordability Index - First quarter 2010: 66 percent

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: California Association of Realtors & Freddie Mac

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