Today's mortgage rates in California

Whether you're ready to buy or refinance, you've come to the right place. Compare California mortgage rates for the loan options below.

Compare current refinance rates today.

Today's mortgage rates in California

5.5%Rate
5.579%APR1

as of 05/10/2022

The rates below assume a few basic things:

  • You have very good credit (a FICO credit score of 740+)
  • Your loan is for a single-family home as your primary residence

Conventional fixed-rate mortgages

Learn more about interest rates and Annual Percentage Rate (APR).1

This table shows rates for conventional fixed-rate mortgages through U.S. Bank.
Term Rate APR
30-year fixed 5.5% 5.579%
20-year fixed 5.0% 5.104%
15-year fixed 4.75% 4.881%
10-year fixed 4.0% 4.185%

Adjustable-rate mortgages

Learn more about interest rates and Annual Percentage Rate (APR).1

This table shows rates for adjustable-rate mortgages through U.S. Bank.
Term Rate APR
10-year ARM 5.0% 5.031%
5-year ARM 4.625% 4.857%

FHA mortgages

Learn more about interest rates and Annual Percentage Rate (APR).1

This table shows rates for FHA mortgages through U.S. Bank.
Term Rate APR
30-year fixed - FHA 5.75% 6.845%
15-year fixed - FHA 5.125% 6.862%

VA mortgages

Learn more about interest rates and Annual Percentage Rate (APR).1

This table shows rates for VA mortgages through U.S. Bank.
Term Rate APR
30-year fixed - VA 5.25% 5.534%
15-year fixed - VA 5.125% 6.208%

Jumbo mortgages

Learn more about interest rates and Annual Percentage Rate (APR).1

This table shows rates for jumbo mortgages through U.S. Bank.
Term Rate APR
30-year fixed - jumbo 5.125% 5.202%
20-year fixed - jumbo 5.0% 5.104%
15-year fixed - jumbo 4.75% 4.881%

Living in the Golden State

As one of the largest states in the country, California has it all. From Hollywood to Yosemite National Park, beachfront towns to wine country, Californians can find plenty to see and explore.

California first-time home buyer programs

First-time home buyer assistance programs in California and across the U.S. offer loans, grants, down payment assistance and tax credits. But availability and qualification requirements can vary. Contact your U.S. Bank mortgage loan officer for more information about programs available in California.

Find a mortgage loan officer in California.

Our local mortgage loan officers understand the specifics of the California market. Let us help you navigate the mortgage process so you can focus on finding your dream home.

Find a mortgage loan officer

Take the next step.

Prequalification helps you see how much you might be able to borrow.

If you've already found your dream home or are interested in refinancing an existing mortgage, start your application today.

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