{"id":120,"date":"2026-11-07T10:00:00","date_gmt":"2026-11-07T10:00:00","guid":{"rendered":"https:\/\/www.kimmarinloans.com\/blog\/?p=120"},"modified":"2026-11-07T10:00:00","modified_gmt":"2026-11-07T10:00:00","slug":"california-weighs-proposition-37-home-assistance","status":"publish","type":"post","link":"https:\/\/www.kimmarinloans.com\/blog\/2026\/11\/07\/california-weighs-proposition-37-home-assistance\/","title":{"rendered":"California Weighs Proposition 37 Home Assistance"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/kim-marin\/mortgage-rate-vs-downpayment-remotion-videos-2347\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>With 30-yr fixed rates averaging mid-6%, many California buyers are weighing whether waiting for lower borrowing costs beats pursuing a lower down payment path.<br \/>\nThe ballot measure would let middle-income California residents borrow up to 17% on qualifying newly built homes, reducing required cash to 3%.<br \/>\nIn Early-Q3 2026, California&#039;s median listing price was ~$745K, implying an eligible buyer could need ~$22.3K for the minimum down payment.<br \/>\nBecause assistance would be a second mortgage, buyers would carry two loans; that could avoid PMI but may make future refinancing harder.<br \/>\nFor Californians planning ahead, the guidance was clear: shop multiple lenders, strengthen finances, save more, and widen your search instead of waiting on one rate.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>With 30-yr fixed rates averaging mid-6%, many California buyers are weighing whether waiting for lower borrowing costs beats pursuing a lower down payment path. The ballot measure would let middle-income California residents borrow up to 17% on qualifying newly built homes, reducing required cash to 3%. In Early-Q3 2026, California&#039;s median listing price was ~$745K, [&hellip;]<\/p>\n","protected":false},"author":494,"featured_media":121,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-120","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.kimmarinloans.com\/blog\/wp-json\/wp\/v2\/posts\/120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kimmarinloans.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kimmarinloans.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kimmarinloans.com\/blog\/wp-json\/wp\/v2\/users\/494"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kimmarinloans.com\/blog\/wp-json\/wp\/v2\/comments?post=120"}],"version-history":[{"count":1,"href":"https:\/\/www.kimmarinloans.com\/blog\/wp-json\/wp\/v2\/posts\/120\/revisions"}],"predecessor-version":[{"id":122,"href":"https:\/\/www.kimmarinloans.com\/blog\/wp-json\/wp\/v2\/posts\/120\/revisions\/122"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kimmarinloans.com\/blog\/wp-json\/wp\/v2\/media\/121"}],"wp:attachment":[{"href":"https:\/\/www.kimmarinloans.com\/blog\/wp-json\/wp\/v2\/media?parent=120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kimmarinloans.com\/blog\/wp-json\/wp\/v2\/categories?post=120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kimmarinloans.com\/blog\/wp-json\/wp\/v2\/tags?post=120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}