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The California rates seem to follow the national rates for home mortgages, meaning that they fall in general between 2.5% and 5.5% as starting interest rates. If you are deciding to mortgage your home, you should make sure to read the contract to make sure that the rate will not jump suddenly and the penalties for missing payments.

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βˆ™ 13y ago
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βˆ™ 11y ago

The average California mortgage rate is as low as 3.250 percent for a 30 year term. That rate is from "loan safe" and is one day old. Other rates were found claiming that the average was 3.43 percent, which even though it is slightly higher, will make a big difference over the years.

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βˆ™ 11y ago

The average home mortgage rate in California is 3.5%. This number may go up or down depending on the state of the economy and the housing market in California.

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βˆ™ 11y ago

Like mortgage rates in any state, California's rates fluctuate from month to month. Currently, they are residing between 3% and 4.75%, depending on credit rates and the term of the mortgage.

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Q: What is the average California mortgage rate?
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What are the average California mortgage rates?

If people looking to review mortgage rates on the California mortgage site were to look for an average rate it would be an average 3.900 based upon the figures available.


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