California Mortgage Rates Hit 4.53%

Yesterday Zillow reported that California mortgage rates increased 1 basis point from 4.52% to 4.53% on average. This is up 3 basis points from last week’s rate of 4.50% for California mortgages. Statewide rates ranged from 4.23% to 4.75%.

Currently, California mortgage rates are on average approximately 3 basis points higher than the national rate average of 4.50%.

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