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5/1 Adjustable Rate Mortgage 5/1 Adjustable Rate Mortgage
3/1 Adjustable Rate Mortgage 3/1 Adjustable Rate Mortgage
One Year Adjustable Rate Mortgage One Year Adjustable Rate Mortgage

 

California is the third largest state in the U.S. It is also ranked the first in population. As of 2006, California has an estimated population of 37,172,015. California has eight of the top 50 US cities in terms of population. Los Angeles is the nation's second largest city with a population of 3,845,541 people, followed by San Diego (8th), San Jose (10th), San Francisco (14th), Long Beach (34th), Fresno (37th), Sacramento (38th) and Oakland (44th). Sacramento is the capital and Los Angeles is the largest city in the state.

The climate of California varies depending on the latitude, elevation, and proximity to the coast. Most of the state has cool to mild winters, and warm to hot summer. Precipitation falls mainly in winter with snow in high mountain areas. In the coastal areas north of Point Conception, July temperatures average 60 F. January temperatures are between 40 F and 50 F. The coastal areas south of Point Conception are drier. Average January temperatures are between 50 F and 60 F. July averages are generally between 70 F and 80 F. In the Central Valley, average temperatures are 80 F in July and 45 F in January.

Californiaˇ¦s major industries include agriculture, entertainment, light manufacturing, and tourism. It is also the home of several significant economic regions such as Hollywood (entertainment), the Central Valley (agriculture), Silicon Valley (computers and high tech), and the Wine Country (wine). Manufacturing is concentrated in southern California and around San Francisco Bay. The aircraft and shipbuilding industry is centered in Los Angeles and San Diego areas. The manufacturing in San Francisco Bay include food processing, automobile assembly, shipbuilding, chemical production, printing and publishing, and the manufacture of machinery. Tourism is also an important source of income. Disneyland, Sea World, and other theme parks attract millions of visitors each year.