Mortgage Rates in California

If you're looking to buy a home in California, researching mortgage rates is essential. Shopping around with multiple lenders can help secure a better deal. Five affordable cities to consider include Visalia, with a median home value of $236,400; Bakersfield at $247,000; Fresno at $242,000; Modesto at $283,800; and Stockton at $273,400. Each city offers unique attractions and relatively lower property tax rates compared to the state average. Improving your credit score and lowering your debt-to-income ratio can enhance your chances of obtaining a favorable mortgage.