Current Mortgage Rates

California 2026

Rates updated daily | Compare and find the best rate for you

Today's Mortgage Rates

30-Year Fixed Rate Mortgage

6.45%

Average APR: 6.87% | Points: 0.5

↑ Up 0.05% from yesterday | Trend: Stable

15-Year Fixed Rate Mortgage

5.89%

Average APR: 6.35% | Points: 0.5

→ No change | Trend: Stable

FHA Loan (30-Year)

6.12%

Down payment: 3.5% | Average APR: 6.89%

↓ Down 0.10% | Trend: Declining

Jumbo Loan (30-Year, $750K+)

6.89%

High balance loans | Average APR: 7.25%

↑ Up 0.15% | Trend: Rising

5/1 ARM (Adjustable Rate Mortgage)

5.75%

Fixed for 5 years, then adjusts | Average APR: 6.45%

↓ Down 0.05% | Trend: Stable

Refinance Rate (30-Year)

6.52%

For current homeowners | Average APR: 6.94%

→ No change | Trend: Stable

Loan Type Rate APR Change Best For
30-Year Fixed 6.45% 6.87% +0.05% Most popular, stable payment
15-Year Fixed 5.89% 6.35% — Pay off faster, less interest
FHA (3.5% down) 6.12% 6.89% -0.10% First-time buyers, low down payment
VA Loan 6.05% 6.68% — Military & veterans, 0% down
Jumbo ($750K+) 6.89% 7.25% +0.15% Luxury/high-value homes
5/1 ARM 5.75% 6.45% -0.05% Lower initial rate, refinance later

💡 How to Get the Best Rate

  • ✓ Improve your credit score: 740+ gets best rates
  • ✓ Increase down payment: 20% down = no PMI
  • ✓ Shop around: Compare 3-5 lenders (rates vary $50+/month)
  • ✓ Lock your rate: Don't wait—rates change daily
  • ✓ Consider points: Pay upfront to lower rate long-term
  • ✓ Reduce debt: Lower DTI = better rates

📊 Rate Comparison by Lender

Different lenders offer different rates. Shop around and compare:

Big Banks
Chase, Bank of America, Wells Fargo
Rates: 6.45-6.95% | Slower process
Online Lenders
LoanDepot, Rocket Mortgage, Better
Rates: 6.25-6.75% | Faster, 24/7
Credit Unions
Local credit union (check membership)
Rates: 5.99-6.49% | Often lower rates
Mortgage Brokers
Independent brokers (shop multiple banks)
Rates: 6.15-6.65% | Personalized service

Get Pre-Approved Today

Know exactly what rate you qualify for and how much you can borrow.

Schedule Free Consultation

Rate Trends & Analysis

📈 This Week

Rates rose 0.15% due to Fed signals. Expect volatility as inflation data comes in.

Lock your rate if buying soon.

📊 This Month

30-year fixed averaged 6.38%. Down slightly from last month (6.52%).

Best time to refinance in weeks.

🔮 Next 30 Days

Forecast: Rates likely 6.25-6.75% range. Watch Fed meetings & inflation data.

Rates could drop 0.25-0.50% if economy slows.