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California median home price – May 06: $564,430  
California highest median home price by C.A.R. region May 06:
Santa Barbara South Coast $1,240,000
 
California lowest median home price by C.A.R. region May 06:
High Desert $332,080
 
Mortgage rates – week ending 6/29:
30-yr. fixed: 6.78%; Fees/points: 0.5%
15-yr. fixed: 6.43%; Fees/points: 0.5%
1-yr. adjustable: 5.82%; Fees/points: 0.8%
(Source: C.A.R./Freddie Mac)


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