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Welcome to California Mortgage Source

California Mortgage Source has been helping California mortgage borrowers find the lowest cost mortgages for refinance, new home purchase and home equity loans since 2002. California lenders compete for your business with their best offers and lowest interest rates!

Refinance your current California mortgage at todays low interest rates.

Refinance to a Lower California Mortgage Rates
Have California mortgage rates dropped since you financed your mortgage?


Get Pre Qualified for a California mortgage today!

Get Pre Qualified Now
Many California realtors won't show you homes until you're pre qualified for a mortgage.


Refinance your current California mortgage and consolidate all your debts for a lower monthly payment.

Consolidate Your Monthly Debt
Consolidate all your debts into a single monthly mortgage payment and save.


Refinance your current California mortgage to a shorter 15 year mortgage.

Shorten Your Current Mortgage
You can shorten the term of your existing mortgage with a new 15 year mortgage.


California Mortgage Rates

On California Mortgage Source you'll find the lowest mortgage rates offered i the Calfornia mortgage market and the lowest total cost mortgages. To get started now just click "Get Quotes Now" above.

If you're Looking for a mortgage in California -- why not get informed before you start? If you're planning to refinance an existing high interest mortgage with California's lowest mortgage rates -- why not have the knowledge to discuss your needs in an educated manner? If you're interested in refinancing with cash out in order to make home improvements or if you need a new mortgage to consolidate existing loans -- get the details before you speak with a mortgage broker! Or maybe you need commercial loan information? Well, this website will help!

We work hard to provide our website visitors with the best California mortgage and refinance information so they can find the the lowest California mortgage interest rates available and the lowest total cost California mortgages for both California residential mortgages and USA commercial loans. We are committed to earning the confidence and respect of every California mortgage borrower who visits our website.

We keep abreast of the latest trends and best California mortgage and refinancing programs available and post this information here on our website for your benefit.

Our interest is in you the California mortgage borrower, not the lender or loan program! Our professional mortgage information will be invaluable when you begin your search of the California mortgage market! We will help you match your needs and requirements with the most appropriate lending program. We can help you find the best mortgage program with the lowest mortgage interest rates available in California. And in most cases with no origination fee!


California Refinance

Reasons to refinance your California mortgage:

1. California Interest rates may be lower now than when you originally got your current California mortgage. If interest rates are 1 percentage point below your current interest rate you should look into refinancing.

2. Maybe when you originally got your California mortgage you took an adjustable rate mortgage, and now with California mortgage interest rates lower it's time to switch it to a fixed rate mortgage. Fixed rate California mortgages can reduce your monthly payments if the interest rates have dropped sufficiently.

3. Perhaps you want to make some home improvements and need cash out to finance the changes.

4. Maybe you want to change the term of your current 30 year California mortgage to a 15 year mortgage at today's lowest California mortgage interest rates.


California Mortgages & Interest Rates

Low California interest rates? High California interest rates? Where will they move next, up or down? California interest rates can fluctuate many times during each day that the financial markets are open. California Mortgage rates tend to follow the bond market. When bond prices rise mortgage rates tend to fall. Read more about California mortgage rates.

California Real Estate & Mortgage News

Fed Receives 25 Apps to Acquire Banks
In recent Federal Register notices, the Federal Reserve Board reported that it received 25 applications for proposed mergers and acquisitions. Some of the applications involved the acquisition of 100 percent of voting shares. Others involved only a portion of ownership.


Monthly BK Filings Down
During June, 116,365 consumer bankruptcies were filed, the American Bankruptcy Institute reported. Filings fell from 124,838 in May, the report indicated. More than 12,000 attorneys, judges, lenders and other bankruptcy professionals reportedly are members of ABI.


7 Banks Seized
The Illinois Department of Financial and Professional Regulation, Division of Banking seized five small financial institutions. Another Illinois institution was closed by the Office of the Comptroller of the Currency. The Texas Banking Commissioner closed down a Dallas bank. The Federal Deposit Insurance Corporation, which announced the failures, was named receiver of all the failed banks.


Millions Released for Displaced CA Mortgage Workers
In February 2008, the U.S. Department of Labor announced a $5.6 million grant for the California Employment Development Department. The funds were targeted for career counseling, skills training and other employment and training assistance. The second of two installments has been released, according to a new announcement.


GMAC Restructured, Renamed
GMAC LLC converted from a limited liability company to a corporation, according to a filing with the Securities and Exchange Commission. As part of the transition, the firm was renamed GMAC Inc. "The conversion will facilitate implementation of the registration rights that GMAC has provided to its common and certain of its preferred shareholders," the filing said.