Posts from August 3rd, 2023

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Uncategorized | 818 Posts
August
3

California Mortgage and Refinance Rates

On Thursday, August 03, 2023, the national average 30-year fixed mortgage APR is 7.34%. The national average 30-year fixed refinance APR is 7.47%, according to Bankrate's latest survey of the nation's largest mortgage lenders.

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation for how we make money.

Showing results for: Single-family home, 30 year fixed and 5 year ARM mortgages with all points options.

Lender Rate
APR
Mo. payment
as of August 3, 2023
Visit Optimum First Mortgage Inc. site

NMLS #240415 | State Lic: 01525044

5.0

5.999%

6.199%

$2,158

Visit Watermark Home Loans site

NMLS #1838 | State Lic: CFL Lic 603J352

4.9

6.000%

7.306%

$2,158

Visit Watermark Home Loans site

NMLS #1838 | State Lic: CFL Lic 603J352

4.9

6.105%

6.314%

$2,183

Visit WesLend Financial site

NMLS #3304

5.0

6.500%

6.712%

$2,275

Visit Mortgage Passport site

NMLS #449401

4.9

6.590%

6.775%

$2,297

Visit WesLend Financial site

NMLS #3304

5.0

6.625%

7.708%

$2,305

Market Survey Rates

The rates below are intended for educational purposes. The lenders listed are not active participants in Bankrate's mortgage marketplace.

Star One Credit Union

5.875%

7.839%

$2,130

Schools First FCU

7.000%

7.027%

$2,395

Star One Credit Union

6.625%

6.628%

$2,305

Schools First FCU

6.000%

8.112%

$2,158

Bank of the West

8.250%

8.274%

$2,705

August
3

Today's market presents an array of unique challenges REALTORS® must navigate in order to find success in the industry. According to C.A.R. Chief Economist Jordan Levine, we're in the midst of a big market shift and only just beginning to come out the other side.

To support REALTORS® through this time, C.A.R. 2023 President Jennifer Branchini led a virtual townhall on Monday, July 31, 2023 with Jordan Levine and a panel of REALTORS® to assess the most recent changes to the market and discuss ways in which some REALTORS® are dealing with these continuously evolving conditions.

The conversation between Branchini and Levine highlighted the importance of looking at data, including the latest market updates on Smart Zone, rather than headlines that continue to c...

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August
3

Scaling New Heights: Strategically Upsizing Your Home for Business Growth

The rise of the digital age has seen an increasing number of entrepreneurs running their businesses from home. However, as these ventures grow and evolve, the once spacious home office can start to seem a little cramped. If you're finding that your home no longer fits your burgeoning business, it might be time to consider upsizing. This article will guide you through the process of upsizing your home to accommodate your growing business.

Assessing What You Need to Run Your Business

Assess your business needs before starting your house-hunting journey. Take a look at your current workspace and identify any areas for improvement. Whether you need more office space, additional storage, or a quieter area for meetings, make a list of essential features for your new home. This way, your new space can support your present business demands and future growth...

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