California Fast Facts May 2012

California Mortgage Trends Over the Past Year

California Median Home Price: $312,110

California highest median home price by region/county: Marin, $791,670

California lowest median home price by region/county: Merced, $119,410

California Pending Home Sales Index: 128.8, unchanged from April. 
 
California Traditional Housing Affordability Index: First quarter 2012: 56 percent

Mortgage Rates Week ending 6/21/2012:

30-yr. fixed: 3.66% fees/points: 0.7%

15-yr. fixed: 2.95 fees/points: 0.6%

1-yr. adjustable: 2.74% Fees/points: 0.5%