California mortgage data baseline
Rates combine Freddie Mac PMMS trends with lender submissions focused on California, so underwriting context stays accurate.
Benchmarks refresh in the week following each PMMS and MBA release.
State market spotlight
California mortgage outlook
Live rates, housing stats and lender programs covering metros such as Los Angeles, San Francisco, and San Diego.
Last updated: 2025-11-17
Median home price
$778,000
Conforming loan limit
$766,550
High-cost / jumbo threshold
$766,551
Compliance & privacy checklist
We surface anonymised lender ranges. Formal lock decisions still require disclosures from licensed loan officers.
Model your scenario
Calculate California payments with current rates
Blend local taxes, insurance and PMI expectations into a custom plan.
Data source
State-Level Mortgage Rate Estimates
Provider: Blend of Freddie Mac PMMS, Zillow Market Stats, and local MLS data · Updated: 2025-11-17 · Refresh cadence: Weekly sync with PMMS release
Coverage: 12 largest U.S. housing markets by population · Notes: Synced with PMMS release Nov 14
View methodologyPrimary datasets powering this state dashboard.
Mortgage data inputs
Freddie Mac PMMS
Weekly 30Y/15Y fixed averages anchor the headline rates we display.
View sourceMBA Weekly Applications Survey
Provides spreads, points, and lock activity filtered for lenders active in the region.
View sourceFederal Reserve H.15 / Treasury yields
Used to monitor MBS spreads and lock-strategy alerts relevant to California.
View sourceCadence: PMMS weekly, MBA weekly, H.15 daily.
Use local data with this four-step checklist.
California rate-planning workflow
1. Capture today’s baseline
Log statewide averages plus local taxes or insurance so payment estimates stay accurate.
2. Test lock/point scenarios
Model shorter lock periods, point buy-downs, and DPA stacking to see payment swings.
3. Compare active lenders
Stack credit unions, regionals, and digital lenders serving California to capture the spread.
4. Sync with your automation
Send the selected quote to mortgage/ROI/savings tools to schedule hedges, price changes, and reminders.
Case studies that connect local rates with planning tools.
How borrowers in California use this page
Pre-approval shopper
Balancing PMI thresholds and inventory crunch.
- •Timeline: Builder closing in California within 60 days while competition stays strong.
- •Plan: Use this dashboard to monitor spreads, then push the rate to the mortgage calculator for tax/insurance assumptions.
- •Result: Locked a 45-day commitment with lender credits and documented PMI removal at 80% LTV.
Refinance opportunist
Watching local credit unions vs. national banks.
- •Timeline: Needs sub-6.25% to break even on closing costs within two years.
- •Plan: Track averages here, then send the short list to the ROI calculator to decide how to deploy savings.
- •Result: Floated for two weeks, locked below target, and set AI reminders for future dips.
{stateName} rate tracker
Conventional, government-backed and specialty programs updated daily.
Conventional loans
| Loan type | Rate | APR | Points |
|---|---|---|---|
| 30-year fixed | 6.95% | 7.05% | 0.25 |
| 15-year fixed | 6.38% | 6.45% | 0.13 |
FHA loans
| Loan type | Rate | APR | Points |
|---|---|---|---|
| 30-year fixed | 6.63% | 7.20% | 0.50 |
VA loans
| Loan type | Rate | APR | Points |
|---|---|---|---|
| 30-year fixed | 6.50% | 6.68% | 0.00 |
Jumbo loans
| Loan type | Rate | APR | Points |
|---|---|---|---|
| 30-year fixed | 6.88% | 6.95% | 0.38 |
| 15-year fixed | 6.25% | 6.35% | 0.25 |
{stateName} metro snapshots
Median prices, inventory and demand drivers across leading cities.
Los Angeles
Popular areas: Beverly Hills, Santa Monica, and Pasadena
Very tight inventorySteady prices
Creative industriesInternational capitalTech hiring
San Francisco
Popular areas: Mission District, SoMa, and Noe Valley
Very tight inventoryCooling demand
Tech hiringFinancial servicesInternational capital
San Diego
Popular areas: La Jolla, Del Mar, and Hillcrest
Low inventoryGrowing demand
Military presenceTourism economyBiotech cluster
Local lender lineup
Credit unions, regional banks and digital shops serving {stateName}.
Statewide lender
Wells Fargo
Sample APR
7.08%
Min. down payment
Jumbo financingFirst-time buyersRefinancing experts
Large branch networkRelationship pricingLocal underwriting
Major metros
Chase Bank
Sample APR
7.00%
Min. down payment
Jumbo financingInvestment propertiesNew construction
Large branch networkFast digital process
Credit union
Golden 1 Credit Union
Sample APR
6.85%
Min. down payment
First-time buyersAffordable housing
Member benefitsLocal underwritingLow lender fees
Assistance & incentive programs
Down payment assistance, tax credits and forgivable loans available statewide.
Shared-equity support
CalHFA Dream For All
Benefits
- • Up to 20% down payment support
- • Deferred second mortgage
- • Below-market fixed rates
Eligibility
- • First-time buyers only
- • Income limits apply
- • Must be owner-occupied
Down payment assistance
Golden State Finance Authority
Benefits
- • 3%–10% down payment funds
- • Closing cost grants
- • Forgivable assistance
Eligibility
- • First-time buyers only
- • Homebuyer education required
- • Credit score 620+
Market watchouts
- •Inventory is tight in popular metros, expect bidding wars.
- •Cash and relocation buyers remain active; strengthen your offer terms.
Borrower tips
- •Layer state assistance with lender credits to cut upfront cash.
- •Lock rates once inspection clears to avoid surprise jumps.
Keep local rates, ROI, and savings plans aligned
Turn California insights into automated next steps
Export the selected quote to ROI or mortgage calculators to plan hedges, price increases, or cash reserves.
Illustrative rates only—verify with a licensed lender.
Important mortgage rate disclaimer
Displayed ranges blend PMMS, MBA submissions, and lender partners focused on California. Your final APR depends on credit, LTV, lock period, and points.
Markets move quickly. Float/lock strategies should include cushions for 0.125%-0.25% swings plus extension fees.
FutureValueCalc is not a lender. Always pair these benchmarks with Loan Estimate disclosures and local compliance guidance.