Compare Santa Clara Mortgage Rates and Save! 

California Mortgage Rates 07/09/2008

Loan Type Today +/- This week
30 Yr Fixed 6.12% 0.16
15 Yr Fixed 5.79% 0.13
3/1 ARM 5.69% -0.10
5/1 ARM 5.80% -0.11
30 Yr Fixed Jumbo 6.98% 0.05

Rates may contain points

Conforming

For loan amounts up to $417,000 (APR based on $400,000)

Jumbo

For loan amounts over $417,000 (APR based on $500,000)

Interest Only (Conforming)

Interest only for first few years then adjustable for remaining term on loan amounts up to $417,000 (APR based on $400,000)

Interest Only (Non-Conforming)

Interest only for first few years then adjustable for remaining term on loan amounts over $417,000 (APR based on $500,000)

VA

Loans for Veterans up to $417,000 (APR based on $200,000)

FHA

Loan limits vary by state (APR based on $150,000)

Reduced Documentation Loans

Often used for self employed or others in lieu of tax returns and other income documentation. (APR based on $200,000)

Mortgage Calculator

Mortgage Stories

Planning Ahead for a Home Equity Loan

Home equity loan delinquencies are on the rise, as many consumers fall behind on their payments. But you can help to... »

Sorting Through Mortgage Options

It seems like everyone's talking about the difficulty getting mortgages, and how volatile adjustable-rate mortgages... »

Five Things to Expect from Refinancing

Borrowers are refinancing their homes in droves. While this practice can offer many benefits for homeowners, knowing... »

Be Regal: Tap Home Equity with REX

Once upon a time, taking on debt or selling your house was the only way to cash out your home equity. Now there's a... »

More Mortgage stories »