Berkeley, California Mortgage Rates

We have a long history of offering low mortgage rates in Berkley, California for both refinance and purchase transactions.

In addition to our low mortgage rates, we deliver fast closings and exceptional service to all our clients throughout California. I have over 15 years of experience and a top rating with the Better Business Bureau and Zillow. If you are thinking of refinancing your current mortgage or purchasing a home in please be sure to contact me for a free mortgage quote. You can call me directly at 1-800-550-5538 or fill out one of our online “contact us” forms (see below).

Mortgage Rates In Berkley, California:

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Berkley, California Mortgage Calculator:

Using our Berkley, California mortgage calculator to figure out your monthly mortgage payment is an essential part of buying a home or refinancing a current mortgage. Use our free Berkley, California mortgage calculator to help you determine what you can afford and if you have questions please don’t hesitate to ask!

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Living In Berkley, CA:

Berkley, California is located in northern California.

The city was officially named Berkeley in 1866 after it is founded by George Berkeley, the English Bishop of Cloyne who read the path of the empire against the West.

The initial settlers of Berkeley were a Native American group known as the Huchiun. European settlers came in the 18th century.

The 1849 California Gold Rush introduced an unparalleled flood of citizens into the Bay Region, and by the mid-1850s a tiny population of pioneers started clustering along the Bay’s shores in what became and still is, a Berkeley neighborhood known as Ocean View.

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JB Mortgage Capital, Inc. is 100% focused on the customer experience. From loan application to closing you'll work directly with one person the entire time. This ensures for a better experience for the customer and a more efficient loan process.

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Low Mortgage Rates

Making sure we provide industry low mortgage rates is a focal point at JB Mortgage Capital, Inc. We understand the importance of saving money. From fixed rate mortgages to adjustable rate mortgages we offer low rates at great terms.

In 1868 The University of California, Berkley was founded and the famous Berkeley gates were erected.

Downtown Berkeley started to expand in 1876, when one of Berkeley’s founding European settlers, Francis Kittredge Shattuck, convinced Southern Pacific Railroad to run a spur line through his property that served as an inspiration for new commercial development.

Established in 1878, Berkeley started a demographic boom that saw its residential rolls grow from 2,000 in 1880 to 13,000 at the turn of the century. But the true boom was to come when the population grew to 50,000 by 1912 from better transit networks and an explosion of San Franciscans affected by the earthquake of 1906.

Yellow Home

Berkley and the 1960s:

Throughout the 20th century, Berkeley continued to evolve.

During the tumultuous 1960s, national attention was focussed on the region. The Berkeley campus was a focal point for the day’s civic awareness and advocacy. The “Free Expression Campaign” created a reputation that is very much a feature of the Berkeley contemporary.

Modern Day Living:

Today the population of Berkeley is over 105,000 inhabitants with hundreds of enterprises throughout the city. It is unlike every other city in the country, too. Berkeley’s similarities are energizing and add to its cosmopolitan climate and cultural vitality. It has a worldwide perspective, though it maintains a distinctive hyper-local color and a strong public conscience.

Local Schools In Berkley, CA:

Here is a list of local elementary schools in Berkley.

  • Jefferson Elementary School: Located at 1400 Ada St, Berkeley, CA 94702. Compared to other schools in California, this school is ranked above average. Students here are doing above-average on state assessments, allowing for above-average performance progress year-over-year.
  • Emerson Elementary School: Located at 2800 Forest Ave, Berkeley, CA 94705. Compared to other schools in California, this school is ranked above average. Students here are doing above average on state assessments, allowing for above-average performance progress year-over-year.
  • Cragmont Elementary School: Compared to other schools in California, this school is ranked below slightly below the state average. Students here are doing above average on state assessments, allowing for above-average performance progress year-over-year.

Universities and Colleges in Berkley, CA:

  • The University of California, Berkley: Founded in 1968; UC Berkley is one of the most prestigious universities in the world. It’s a public research university and is home to over 100 Nobel Laureates. The University has fourteen colleges of education under its umbrella.
  • Berkeley City College: If you’re interested in going to a two-year college then you should consider Berkeley City College. Berkeley Community College supports students who are pursuing general schooling, the transition to four-year colleges, degrees, and qualifications in the fields of creative arts and trade, training for job or pre-school competencies.
  • Dharma College: Dharma College aids students of all ages and backgrounds to shift their thinking habits and develop a more meaningful link with the environment. Courses and seminars take a creative path to question the mind and body, rendering learning more fully available to all.

Transportation Around Berkley:

Berkeley is said to be one of the safest cities for bicycle riders and pedestrians.

Berkeley also houses a special car-sharing network like Zipcar that allows a group of people going in the same direction to share a car rather than drive theirs and having to look for parking space. This has helped to reduce the number of cars on the road and traffic.

Interesting fact – Berkeley has a history of parking meter vandalization, in 1999 alone, there was a total of over 2,400 vandalized meters around the city and this led to the introduction of newer and more electronic meters.

The Local Economy:

Berkeley recently had an unemployment rate of less than 3.00% while the recent average for the nation has been around 3.6%. In the last year, Berkeley has experienced a 1.4% rise in the job force. It is estimated that projected job growth will be 36.3% in the next ten years, which is greater than the U.S. rate of 33.5%.

Below is a list of the top 5 employers in Berkeley.

Berkeley is home to so many businesses that are currently recognized all over the country, some of the companies are California Cuisine, Clif Bar energy foods, the Berkeley Co-op and a lot of other companies not listed, these companies help propel the economy of this city.

The Cost Of Living:

The index of living expenses is based on 100 being the average cost of living. So a number below 100 means the city is less costly than the average in the U.S. A cost of living rating more than 100 means the city is costlier.

Berkeley’s cost of living index number is 235.2 Housing is the largest factor in the disparity in living costs. In Berkeley, the median home price is over $1,000,000.00.

Crime in Berkeley, California:

The scale used to measure crime ranges from 1 (low crime) to 100 (high crime). The violent crime committed in Berkeley is 28.5 (U.S. rate of 22.7). Violent crime consists of four offenses: murder and non-negligent suicide, forcible abduction, burglary, and sexual assault. The property crime index for Berkeley is 64.6. (Average for the U.S. is 35.4).

The Climate And Weather In Berkeley, California:

Berkeley, California has the typical northern California climate. The area receives an average of 26 inches of rain per year and has around 256 sunshine days a year.

Many who live in the area believe the best time of year for Berkley is August, September and October. There are five warm months in Berkeley, with average temperatures in the 70-85 ° range. September is usually the hottest month however it does rank among California’s coolest summer locations.

Some Of The Best Neighborhoods In Berkeley:

Some of the best local neighborhoods.

  • North Berkeley: Identified as the “Gourmet Neighborhood” (for better or worse), North Berkeley is well-identified for its epicurean pleasures: Chez Panisse, the original Peet’s Coffee & Tea, The Cheese Board, Saul’s Restaurant & Delicatessen, et al. It’s a bucolic neighborhood, with lovely homes hidden away in the woods, underground street-connecting stairways, the Berkeley Rose Garden and Tilden Park to make you feel like you’re not living in a city.
  • Elmwood: One of Berkeley’s most attractive neighborhoods to stay, Elmwood is near to everything: college, Rockridge, the woods, every freeway — notably shopping (hello, Jeremy!), cafes, and restaurants. Nestled in the shadow of the famous Claremont Hotel & Spa, the area is a mixture of households, graduates, workers, and forms of occupation. It is a perfect spot to get a cappuccino and read, then afterward pick up a pair of jeans.
  • South and Downtown Berkeley: The major thoroughfares of which are Shattuck Avenue and University Avenue-is where Berkeleyans live, play, and do business. Bookshops, restaurants, The Repertory Theater in Berkeley, and the Institute of Jazz.
  • Fourth Street: West Berkeley is also synonymous with brand-name shops such as Apple and Crate and Barrel that line its retail area of Fourth Street, situated around two miles west of the university. According to Lawrence Grown, the executive director of the West Berkeley Development Network, the district was historically a working-class community.

Additional California Cities:

If you’re looking for additional information on another California city please be sure to visit the main California Mortgage Company page.

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About Loan Officer Kevin O'Connor

About Loan Officer Kevin O'Connor

He is the founder and main contributor of koloans.com. He has over 15 years of experience as a Mortgage Loan Originator (MLO) and is a fully licensed with the state of California and the Nationwide Mortgage Licensing System (NMLS). He has a top rating with the Better Business Bureau and a top rating with Zillow. He continually delivers the results homeowners are looking for; low rates, fast closings and exceptional service: "Helping Homeowners Achieve Their Dreams"  CA DRE #01499872 and NMLS # 247447