California Mortgage Rates

California is an economic powerhouse and home to the hottest real estate markets in the U.S. Homes in Ventura, for instance, can command prices in the $4.5 million range according to Trulia. Surprisingly, mortgage rates across the state are at nationwide levels.

At the rate that they are going, today’s mortgage rates are only good while they last. If you are looking to buy a home in California, here’s how you can take advantage of the best rates.

Check out mortgage rates and calculate your costs here.

Buying Homes in California

Not all areas in California have multi-million homes. In Plumas, homes hover in the $99,000 territory. For sure, other areas in the state can accommodate homebuyers looking to make the most of their money without breaking the bank or dipping into their retirement funds.

These homes can be financed with reasonably-priced mortgages at affordable rates and fees.

For a one-unit home in California, the maximum conforming loan limit is $424,100 while high-cost counties have a ceiling of $636,150. Scores of California counties have median sales price below the basic loan limit. FHA loans offer a lower basic loan limit with $275,665 for single-family homes and adopt the conforming loan limit ceiling for high-cost areas.

Rates on conventional loans and FHA loans may have little differences but the latter tend to be more forgiving when it comes to credit scores and income of borrowers, especially first-time homebuyers.

California Mortgage Rates

There are sites online that enable you to look up prevailing mortgage rates in your area or where your home is located. You can use these quoted rates to calculate your monthly payments based on your projected down payment, loan amount and loan term using online calculators.

Enter your zip code at to get a run-through of rates and calculate your monthly loan payments using its various mortgage loan calculators. Just remember that monthly payments are made up of the principal + interest portion of the loan and exclude property taxes and homeowners’ insurance.

Click to See the Latest Mortgage Rates»
Click Here to Get Matched With a Lender»

Get started today!

It only takes a few minutes to get started and best of all, it’s completely free. Get started finding the best mortgage options for you now.

Start Here

When inquiring about a loan on this site, this is not a loan application. This is not an offer to lend and we are not affiliated with your current mortgage servicer. Upon the completion of your inquiry, we will work hard to match you with a lender or lenders who may assist you with an official loan application and provide loan product eligibility requirements for your individual situation.

When applying for a loan, lenders will commonly require you to provide a valid social security number and submit to a credit check. Consumers who do not have the minimum acceptable credit required by the lender are unlikely to be approved. Minimum credit ratings may vary according to lender and loan product. In the event that you do not qualify for a credit rating based on the required minimum credit rating, a lender may or may not introduce you to a credit counseling service or credit improvement company who may or may not be able to assist you with improving your credit for a fee. Any loan product that a lender may offer you will carry fees or costs including closing costs, origination points, and/or refinancing fees. In many instances, fees or costs can amount to several thousand dollars and can be due upon the origination of the loan product.

This site is in no way affiliated with any news source or government organization and is not a government agency. Not affiliated with HUD, FHA, VA, FNMA or GNMA. This site may contain affiliate and partner links. This website and the company that owns it is not responsible for any typographical or photographic errors. If you do not agree to our terms and policies, then please leave this site immediately. If you submit your mobile number on this website you agree to receive marketing based text messages. Consent is not required for purchase. You will receive up to 4 messages per month. Standard text and data rates may apply. Reply STOP to stop & HELP for help.

Contents of this website are copyrighted property of the owner of this website. All trademarks, logos, and service marks (collectively the "Trademarks") displayed are registered and/or unregistered Trademarks of their respective owners.

In the event that you discovered this website through an advertisement, such advertisement may consist of stock photos, images, video or other publicly available resources. Any spokesperson used is an employee of the advertiser that owns and operates this website and is not a paid spokesperson or influencer.

© 2023 Mortgage.Info is not a government agency or a lender. Not affiliated with HUD, FHA, VA, FNMA or GNMA. We work hard to match you with local lenders for the mortgage you inquire about. This is not an offer to lend and we are not affiliated with your current mortgage servicer.