California Mortgage Rates (2026)

Current average mortgage rates, median home prices, and top lenders in California. Rates apply to primary residence purchases with good credit (740+).

30yr Fixed

6.95%

Avg APR

15yr Fixed

6.35%

Avg APR

Median Price

$800,000

Median home

Monthly P&I

$4,268

30yr at 80% LTV

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Top Mortgage Lenders in California

1

Rocket Mortgage

Online convenience

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30yr Fixed

7%

15yr Fixed

6.4%

Min Down

3%

2

Chase

Existing customers

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30yr Fixed

6.9%

15yr Fixed

6.3%

Min Down

3%

3

Wells Fargo

Branch access

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30yr Fixed

7.1%

15yr Fixed

6.5%

Min Down

3%

4

Bank of America

Preferred Rewards

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30yr Fixed

7%

15yr Fixed

6.4%

Min Down

3%

5

loanDepot

Low down payment

Get Rate

30yr Fixed

6.9%

15yr Fixed

6.3%

Min Down

3%

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First-Time Buyer Programs in California

  • CalHFA MyHome Assistance
  • CalHFA Zero Interest Program (ZIP)
  • Dream For All

Mortgage Requirements in California

  • Min 660 credit score for CalHFA programs
  • Income limits apply for assistance programs
  • Purchase price limits vary by county

California Housing Market Facts

California has high-cost loan limits up to $1,149,825 in many counties.
Prop 19 limits property tax increases until home is sold.
Down payment assistance programs are highly competitive due to demand.

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