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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

Refis to Drag Down 2010 Originations
Projected refinance originations for this year are expected to be around 50 percent lower than last year, iEmergent reported. Around 3 million refinance transaction are forecasted for 2010. Purchase volume is expected to decline around 5 percent from 2009.


Further Deterioration in Jumbo Performance
Last month, Lender Processing Services Inc. reported that overall residential delinquency of at least 60 days climbed more than 10 basis points in December. Within prime loans, those with current unpaid principal balances between $417,000 and $600,000 have performed the worst," the LPS report said. Now, Fitch Ratings reports that delinquency of at least 60 days on securitized prime jumbo loans rose 40 basis points during January.


The Mortgage Leads Ledger
Tree.com said in its 2010 guidance statement that it expects national consumer refinance activity to be lower, which hurt revenue from both LendingTree Loans and the Lending Exchange. Kaleidico announced its lead management software was being integrated with Google's AdWords Comparison Ads feature. Home-Account Mortgage Engine was utilized by Refinance.com, an announcement indicated. Leads360 recently announced partnerships with PCLender.com and TARGUSinfo.


Ditech to Continue Advertising
The New York Post reported that Ditech had not advertised for almost two months. But parent GMAC Financial Services has issued a new statement re-affirming its commitment to the Ditech business. GMAC said it plans "a dynamic mix of marketing and advertising" for Ditech including direct marketing, digital advertising and television commercials.


1 Bank, 1 Mortgage Firm Fail
The Minnesota Department of Commerce closed 1st American State Bank of Minnesota Friday and handed the failed institution over to the Federal Deposit Insurance Corporation as receiver. Community Development Bank, FSB, agreed to assumed all of the failed institution's deposits. The collapse of a deal for an Illinois bank to acquire AAXA Mortgage will result in the company's closing, according to an interview with AAXA's chief executive officer by WWAY NewsChannel 3.;