California — Saturday, July 31, 2010

Zillow Mortgage Marketplace reports California mortgage rates for 30-year fixed-rate mortgages increased 1 basis point from 4.35% to 4.36% on Saturday. State mortgage rates ranged from the lowest rate of 4.21% (UT) to the highest rate of 4.70% (NV). Currently, California mortgage rates are 3 basis points higher than the national average of 4.33%.

The California mortgage rate on July 31, 2010, is equal to last week's average California rate of 4.36%.