Mortgage Rates in California
Updated April 2026
Key Mortgage Metrics
Median Home Price
$750,000
30-Year Fixed Rate
6.9%
Property Tax Rate
0.76%
Est. Annual Property Tax
$5,700
Housing Market in California
The median home price in California is currently $750,000, with an average 30-year fixed mortgage rate of 6.9%. Property taxes in California average 0.76% of home value, translating to approximately $5,700 annually on a median-priced home.
Use our mortgage calculator to estimate your monthly payments based on your specific down payment and loan terms.
First-Time Homebuyer Programs
California offers several programs to help first-time homebuyers:
- CalHFA first-time homebuyer programs
- Statewide down payment assistance
Contact your state housing finance agency for eligibility requirements and application details.
Related Resources
Calculate More
Explore our network of financial calculators: