California Mortgage Rates Hit New Highs

Current Interest Rates in California

As of Tuesday, July 30, 2024, current interest rates in California are 7.14% for a 30-year fixed mortgage and 6.49% for a 15-year fixed mortgage. These rates are up slightly from last week.

National Home Loan Rate Averages

The national home loan rate averages for the week ending July 14 were as follows:

* 30-year fixed-rate mortgage: 5.51% * 15-year fixed-rate mortgage: 4.81%

These rates are higher than they were a year ago, but they are still historically low.