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Uncategorized | 832 Posts
December
31

As of December 31, 2024, current interest rates for mortgages and refinances are: 
  • 30-year fixed mortgage7.04% average interest rate, 7.02% average refinance rate
  • 15-year fixed mortgage6.36% average refinance rate
  • 5-year adjustable-rate mortgage (ARM)7.358% average APR
Mortgage rates are expected to ease down in 2024, but may remain in the 6% range into early 2025. 
Here are some other current rates:
  • CalHFA Conventional
    6.875% interest rate with no CalHFA DPA, 7.000% interest rate with CalHFA DPA 
  • CalPLUS Conventional
    7.625% interest rate with 2% Zero Interest Program, 8.000% interest rate with 3% Zero Interest Program 
  • Dream For All Conventional
    7.000% interest rate 
  • Taxable Money Market Fund
    3.86% 7-day current yield for investment shares, 3.84% 7-day current yield for retirement shares 
    information gatered from google.com

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