2/02/2006

Quick Info on Prices and Rates

Calif. median home price - Dec. 05: $548,430 (Source: C.A.R.)
Calif. affordability index - Nov. 05: 14 percent (Source: C.A.R.)
Calif. highest median home price by C.A.R. region Dec. 05:
Santa Barbara So. Coast $1,300,000 (Source: C.A.R.)

Calif. lowest median home price by C.A.R. region Dec. 05:
High Desert $320,490 (Source: C.A.R.)

Mortgage rates - week ending 1/26:
30-yr. fixed: 6.12%; Fees/points: 0.5%
15-yr. fixed: 5.70%; Fees/points: 0.5%
1-yr. adjustable: 5.20%; Fees/points: 0.6%
(Source: Freddie Mac)

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