Compare today's average mortgage rates in the state of California. Bankrate aggregates mortgage rates from multiple sources to provide averages for California.

California Mortgage Rates Friday, July 20
Term Rate Change Last week
30-year fixed mortgage rate 4.35% -- 0.00 4.35%
15-year fixed mortgage rate 3.76% 0.01 3.77%
5/1 ARM mortgage rate 4.10% 0.01 4.11%
30-year fixed jumbo mortgage rate 4.65% -- 0.00 4.65%
30-year fixed refinance rate 4.35% 0.01 4.36%
Today's 30-year fixed rate:
4.35 %

Current rates in California are 4.35% for a 30-year fixed, 3.76% for a 15-year fixed, and 4.10% for a 5/1 adjustable-rate mortgage (ARM).

Compare and lock-in current mortgage rate quotes in California from multiple lenders. Bankrate provides real-time rates with APR for 30-year fixed, 15-year fixed and more. For more information and reviews on Bankrate's best mortgage lenders, check out our top lenders page

California Housing Data

The number of houses available in California is 55,321 with an average sale price of $899,172. Oakville has the most expensive average home price at $18,115,385, while Trona is the most affordable city in the state with an average home price of $37,677. Los Angeles county, the most populous county in the state, has 10,788 homes listed for sale with an average listing price of $1,097,776.

The average number of days that a house stays listed on the market for the state of California is 62 days, with the average number of days on the market in LA county being 48.

The city with the largest home appreciation value over the last year is Palo Alto with the average value of homes appreciating at 17%. The average appreciation of homes in CA, as well as Los Angeles County, for the same time period is 9%. See table below for the average returns of the past 5 and 10 years.

5 Year Returns 10-year Returns
CA average returns 52% 37%
LA county average returns 52% 35%
City with highest returns Marysville (112%) Palo Alto (113%)

Cost of Living Calculator

Use the cost of living comparison calculator below to compare the cost of living in two cities. Simply enter your current income, select your current city, as well as the city you are relocating to and click calculate. The cost of living calculator will provide you with the equivalent income needed to maintain your current standard of living.

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