Palmdale, California Mortgage Rates

Mortgage rates in Palmdale, California for both purchase and refinance transactions. I have over 15 years of experience helping homeowners in Palmdale. We offer low rates, fast closings, and exceptional service. Contact me directly for a no-cost/no-obligation quote and see what makes us different. 1-800-550-5538.

Mortgage Rates In Palmdale, California:

FHA Mortgage Rates


Jumbo Mortgage Rates

Located In The Northern Part Of Los Angeles County:

Palmdale is a Californian community located in the center of North Los Angeles County. Major Hollywood franchises such as Mac & Me and Star Trek Generations originate and base in the city, with the beautiful desert the major reason these franchises choose the city.

Palmdale is also renowned for its education, recreation, and employment.

Mortgage rates in Palmdale California

Geography And Climate Of Palmdale:

You would find Palmdale in the heart of Los Angeles County, with the urbanized centers of Los Angeles and Palmdale separated by the San Gabriel mountain range, just about 64km (40 miles) wide. The Southern edge of the Antelope Valley portion of the Mojave Desert forms this range.

According to statistics, the second-largest city in terms of population in the Antelope Valley is Palmdale. Palmdale is also the fifth-largest city in terms of population in the Mojave Desert. Lancaster, Nevada, North Las Vegas, Henderson, and Las Vegas are the top four. Alongside its neighbor Lancaster, Palmdale is part of a twin-city complex. Together, they have been the principal cities within the California High Desert and the Antelope Valley Region. You would find Downtown Palmdale at the at 34°34′46″N 118°07′00″W and at an elevation of 2,655 feet (809 m) above sea level.

Palmdale is located in the High Desert. Cool and windy winters, as well as hot and dry summers, are predominant in the region. In January, February, and December, there is usually wet and cold weather with high winds and temperatures of below single-digits.

The wind chill factor doesn’t make it easy, most of the time, it could feel like it is less than zero. The fact the area sees more rainfall than snow does not prevent the little appearance of inches of flurries on the ground. During winter, there is an average of 30-35 degrees at night, and 55-65 degrees during the day.

Customer Focused

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.

The Local Neighborhoods:

There are about 40 neighborhoods within around 106 square miles of Palmdale according to Neighborhood Scout. These neighborhoods are distinct and have their own diverse socioeconomic households. The sectors of Quartz Hill and Leona are some of the most expensive subdivisions to reside in.

Streets and areas like Angeles Forest Highway, Elizabeth Lake Road, and Rancho Vista Boulevard are popular for schooling. While other respected, family-friendly neighborhoods in the region include City Center, Lake Los Angeles, and Pearland.

Great Schools Are In Palmdale:

There is one high school district and three separate elementary school districts in Palmdale. Antelope Valley Union is the high school district, while Keppel Union, West Side Union, and Palmdale are the three elementary districts. The high school district takes care of about 25,000 students, while the three elementary school districts serve up to 40,000 collectively. There is also a distinguished charter school run between AERO Institute, school district, and the city known as the Palmdale Aerospace Academy.

The area has a lot of post-secondary sites with numerous college campuses teaching thousands of young adults. To obtain an associate’s degree in Palmdale or the nearby Lancaster, the Antelope Valley Community College District is the best place. While to obtain a bachelor’s degree at California State University, Bakersfield Satellite Campus is best.

There Are Employment Opportunities In Palmdale:

Palmdale is one of the leading communities in the aerospace industry, and as such, is a great place to seek employment for those that studied and are certified in the aerospace field. As of April 2013, the unemployment rate in the region was at 11.6 percent, just about four points higher than the national average which was about 8 percent.

Since aerospace became prominent, Lockheed Martin employed 3700 staff, while Northrop Grumman employed more than 2100 people. The Antelope Valley Mall which employs about 1800 staff members is a popular retail enterprise.

Cost Of Living:

In Palmdale, the cost of living falls just below 11 percent less than the state average, but 16.8 percent higher than that of the nation. The reported median family income of the region is $61,105, with the median home price at around $150,000.

One-bedroom apartments in the region are available for as low as $550. Although this rises if you want more amenities, rooms or a better location. When it comes to utilities, locals pay highly for electricity during the fall, summer, or spring as they have to combat hot High Desert degrees by keeping their air conditioning running.

Low Palmdale, CA Mortgage Rates:

30 year fixed mortgage rates in Palmdale, California tend to be the most popular fixed rate loans that homeowners (and homebuyers) choose. The next most popular is the 15 year fixed rate and then the 20 year fixed rate. Very few people chose the 10 year fixed rate option.

Low Palmdale, California mortgage rates have been a big part of the rise in home values over the last twenty years. We anticipate these low mortgage rates will continue as Palmdale’s economy continues to grow.

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