Mortgage rates in Los Angeles rose this week. Meanwhile, you can pick up actor Don Cheadle's house in Venice for $2.45 million.
This week's rates
The benchmark 30-year fixed-rate mortgage in Los Angeles rose to 3.95% from 3.77%, according to the Bankrate.com national survey of large lenders. The mortgages in this week's survey had an average total of 0.05 discount and origination points. Nationally, the 30-year fixed-rate mortgage was 3.83%.
Don Cheadle's home is up for sale
According to Curbed, Don Cheadle's home in Venice is on the market for $2.45 million.
In 2014, Cheadle purchased the home for $894,000. Over the last couple of years, he has customized it with a rooftop deck, a large kitchen and 10-foot ceilings, notes Curbed.
The benchmark 30-year jumbo mortgages, for loans of $625,500 and up, rose to 3.9% from 3.75%. The benchmark 15-year fixed-rate mortgage rose to 3.31% from 3.14%. The benchmark 5/1 adjustable-rate mortgage rose to 3.55% from 3.23%.
Weekly mortgage survey
|Results from Bankrate's April 27 survey of mortgage lenders. Monthly payments are for a $165,000 loan. The jumbo rate is for the minimum jumbo loan amount of $625,500 in Los Angeles.|
|30-year fixed||15-year fixed||5-year ARM||30-year jumbo|
|This week's rate:||3.95%||3.31%||3.55%||3.90%|
|Change from last week:||+0.18||+0.17||+0.32||+0.15|
|Change from last week:||+$17.17||+$13.72||+$29.88||+$54.01|