California Morgage Rates

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California Morgage Rates

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California Morgage Rates as of 08/28/08

PRODUCT	RATE		CHANGE
30 Year Fixed	5.97%		-0.01%
15 Year Fixed	5.55%		0.00%
30 Year Fixed Jumbo	6.76%		0.02%
15 Year Fixed Jumbo	6.43%		0.01%
5 Year Balloon	6.38%		0.00%
7 Year Balloon	6.63%		0.00%
1/1 ARM	5.71%		-0.05%
3/1 ARM	5.56%		0.03%
5/1 ARM	5.62%		-0.02%
1/1 Jumbo ARM	5.94%		0.00%
3/1 Jumbo ARM	6.07%		0.07%
5/1 Jumbo ARM	6.11%		0.00%
FHA 30 Year Fixed	5.94%		-0.10%
FHA 1 Yr ARM	5.86%		0.04%
VA 30 Year Fixed	5.88%		-0.13%

Before applying for morgage loans or morgage refinance, you should always remember that California state morgage rates fluctuate on a daily basis. Therefore it is important to revisit this site often to obtain the latest morgage rates for California state before applying for a new mortgage or refinancing your current morgage. Above you will find today's morgage rates for the most popular morgage products available in California state. These rates are based on more than 200 California state morgage companies poll for their morgage products and offers and are updated daily. These morgage rates, as well as the list of California morgage companies with their current morgage offerings, should give you a good starting point for your morgage related search.

Morgage industry news

Brian Andrews: Early interest rate review Baton Rouge Business Report - I couldn't wait for the end of the quarter to look at interest rates because a lot is changing right now. In my April 4 column I said the Fed would not slow down rate inc (full story)	How to deal with fluctuating mortgage rates - A 10 On Your Side report ... WAVY News 10 - Here's a 10 On Your Side consumer alert. The Federal Government has just announced an interest rate hike. Whenever you hear interest rates are going up, many start thinking about the ho (full story)
INSIDE WALL STREET BusinessWeek - It's not easy to start a commercial bank from scratch. But that's what 100 staffers, including high-level managers, did when they jumped ship from Republic National Bank five years ago. (full story)	The Contrarian View, Why the Fed might hike Interest rates in June Safe Haven - Twenty four months ago, the Federal Reserve embarked on a long, but predictable road of lifting the federal funds rate, aiming to reach an unknown "neutral rate" a sweet spot that would p (full story)

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8/28/2008 11:45 PM