Mortgage Rates in Los Angeles, California — March 2026
Updated March 2026 | Based on Los Angeles market data and regional lending conditions
Los Angeles is a major metropolitan area in California with a population of 3,979,576. The current 30-year fixed mortgage rate in Los Angeles is 6.55%, which is 0.1% below the national average. With a median home price of $925,000 and a 20% down payment of $185,000, homebuyers can expect a monthly principal and interest payment of approximately $4,702.
Current Mortgage Rates in Los Angeles, CA
Below are the current average mortgage rates available in the Los Angeles area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.55% | 6.65% | -0.1% |
| 15-Year Fixed | 5.79% | 5.89% | -0.1% |
| 5/1 ARM | 6.05% | 6.15% | -0.1% |
| FHA | 6.15% | 6.25% | -0.1% |
| VA | 5.95% | 6.05% | -0.1% |
| Jumbo | 6.75% | 6.85% | -0.1% |
Los Angeles Housing Market Overview
The Los Angeles housing market is competitive with prices well above the national median. The median household income in Los Angeles is $65,290, and the cost of living index is 166.2 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $226,629 to comfortably afford the median-priced home in Los Angeles, which exceeds the current median household income.
Monthly Payment Breakdown for Los Angeles
Based on the median home price of $925,000 with 20% down ($185,000), here is what you can expect to pay monthly in Los Angeles:
15-Year vs. 30-Year Mortgage in Los Angeles
Choosing a 15-year mortgage in Los Angeles at 5.79% instead of a 30-year at 6.55% would save you $583,740 in total interest over the life of the loan. However, your monthly payment would be $6,161 instead of $4,702 — an increase of $1,459 per month.
Calculate Your Los Angeles Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Los Angeles
What are the current mortgage rates in Los Angeles, CA?
As of March 2026, the average 30-year fixed mortgage rate in Los Angeles, California is 6.55%, while the 15-year fixed rate is 5.79%. FHA loans average 6.15% and VA loans 5.95%. These rates are 0.1% below the national average of 6.65%.
How much is a monthly mortgage payment in Los Angeles?
Based on the median home price of $925,000 with 20% down, the estimated monthly mortgage payment in Los Angeles is $4,702 for principal and interest. Including property taxes of $586/month, the total monthly housing cost is approximately $5,288.
What income do I need to buy a home in Los Angeles?
Using the 28% rule, you would need an annual income of approximately $226,629 to afford the median-priced home in Los Angeles at $925,000. The median household income in Los Angeles is $65,290. This means most households would need to either earn above the median or consider homes below $925,000.
Is Los Angeles a good place to buy a home in 2026?
Los Angeles has a higher cost of living than average with a cost of living index of 166.2 (national average = 100). The property tax rate in California is 0.76%, which is below the national average. As a major city with 3,979,576 residents, Los Angeles offers diverse employment opportunities and amenities.
Mortgage Rates by ZIP Code in Los Angeles, CA
Explore mortgage rates for specific ZIP codes in the Los Angeles area. Rates can vary by neighborhood based on local property values and lending competition.
Mortgage Rates in Other California Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Los Angeles, California area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.