{"id":76,"date":"2026-09-29T10:00:00","date_gmt":"2026-09-29T10:00:00","guid":{"rendered":"https:\/\/www.inlandempirehomevalue.com\/blog\/?p=76"},"modified":"2026-09-29T10:00:00","modified_gmt":"2026-09-29T10:00:00","slug":"california-weighs-proposition-37-home-assistance","status":"publish","type":"post","link":"https:\/\/www.inlandempirehomevalue.com\/blog\/2026\/09\/29\/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\/sean-reid\/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-year fixed mortgage rates hovering in the mid-6% range, many Californians are weighing their options: is it smarter to hold off for potentially lower rates, or to take advantage of paths that require a smaller down payment? Proposition 37, a new ballot measure under consideration, could offer a game-changer for middle-income buyers. If approved, it would allow qualifying Californians to borrow up to 17% on select new builds, dropping the minimum cash needed at closing to just 3%. For context, with California\u2019s median listing price around $745,000 in early Q3 2026, that\u2019s about $22,300 for a down payment\u2014an amount that could bring homeownership within reach for more families.<\/p>\n<p>Of course, this assistance would come in the form of a second mortgage. While it could help buyers avoid PMI, it\u2019s important to remember that having two loans might complicate refinancing down the road. My experience guiding clients through REOs, short sales, and complex financing means I\u2019m always focused on long-term strategy as well as the immediate opportunity. The current guidance is clear: expand your search, compare lenders, boost your financial profile, and keep saving\u2014rather than betting everything on rates falling in the future. As always, careful planning and a clear understanding of your options are key to making the right move in our ever-evolving California market.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>With 30-year fixed mortgage rates hovering in the mid-6% range, many Californians are weighing their options: is it smarter to hold off for potentially lower rates, or to take advantage of paths that require a smaller down payment? Proposition 37, a new ballot measure under consideration, could offer a game-changer for middle-income buyers. If approved, [&hellip;]<\/p>\n","protected":false},"author":171,"featured_media":77,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-76","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.inlandempirehomevalue.com\/blog\/wp-json\/wp\/v2\/posts\/76","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inlandempirehomevalue.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inlandempirehomevalue.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inlandempirehomevalue.com\/blog\/wp-json\/wp\/v2\/users\/171"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inlandempirehomevalue.com\/blog\/wp-json\/wp\/v2\/comments?post=76"}],"version-history":[{"count":1,"href":"https:\/\/www.inlandempirehomevalue.com\/blog\/wp-json\/wp\/v2\/posts\/76\/revisions"}],"predecessor-version":[{"id":80,"href":"https:\/\/www.inlandempirehomevalue.com\/blog\/wp-json\/wp\/v2\/posts\/76\/revisions\/80"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inlandempirehomevalue.com\/blog\/wp-json\/wp\/v2\/media\/77"}],"wp:attachment":[{"href":"https:\/\/www.inlandempirehomevalue.com\/blog\/wp-json\/wp\/v2\/media?parent=76"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inlandempirehomevalue.com\/blog\/wp-json\/wp\/v2\/categories?post=76"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inlandempirehomevalue.com\/blog\/wp-json\/wp\/v2\/tags?post=76"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}