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San Diego County · Rates

Today's mortgage rates in San Diego.

Every loan type, in one place. Rates below reflect par pricing (zero discount points) for a qualified borrower on a San Diego primary residence purchase or refinance.

10-Yr Treasury4.28%
30-Yr Avg (Freddie)6.84%
MBA Refi Index412
Fed Funds Target4.00–4.25%
Next FOMCMay 7

Rates by loan type

Par rate · 0 discount points · conforming loan size where applicable · 740+ FICO
As of Apr 23, 2026 · 10:30am PT
Loan Type Rate APR Day's Change Details
30Y
30-Year Fixed
Conventional, conforming
 6.875% 7.012% +0.04 View
15Y
15-Year Fixed
Conventional, conforming
 6.125% 6.290% +0.03 View
5/1
5/1 ARM
5-yr fixed, then adjusts
 6.375% 7.225% unch View
JMB
30-Year Jumbo
Above $1,209,750
 7.000% 7.108% +0.05 View
FHA
FHA 30-Year
3.5% down · FHA insured
 6.500% 7.385% −0.02 View
VA
VA 30-Year
0% down · veterans & active duty
 6.375% 6.612% −0.03 View

30-Year Fixed · Trailing 12 Months

Weekly averages. Your quote will vary based on credit, loan size, LTV, and property type.

Apr '25Jul '25Oct '25Jan '26Apr '26
30-Year Fixed 15-Year Fixed 30-Year Jumbo

What's moving rates right now

Mortgage rates move with the 10-year Treasury, not the Fed funds rate. When the 10-year yield ticks up, so do 30-year mortgage rates — usually within a day.

Through early 2026, rates have hovered in a 6.6%–7.1% band as markets price in slower growth and roughly two Fed cuts over the remainder of the year. The spread between 30-year mortgages and the 10-year Treasury remains historically wide at ~2.5%, leaving room for mortgage rates to compress even if Treasuries don't rally further.

Watch: CPI prints, FOMC decisions, and 10-year Treasury auctions. Rate locks of 30–45 days are typical for San Diego purchases; 15–30 days for refis.

How to Read a Rate Quote

Rate shopping is harder than it should be because the headline rate doesn't tell you the full cost. A 6.75% quote from Lender A and a 6.75% quote from Lender B can have wildly different APRs — meaning one is much more expensive than the other.

  • Interest rate — the number used to calculate your monthly payment. It doesn't include closing costs.
  • APR (Annual Percentage Rate) — the rate plus closing costs amortized over the loan term. A better apples-to-apples comparison than rate alone.
  • Discount points — cash paid upfront to buy the rate down. 1 point = 1% of loan, typically drops rate ~0.25%. A "6.50% with 1 point" quote often beats "6.75% with 0 points" only if you stay 6+ years.
  • Lender credits — the inverse: take a slightly higher rate in exchange for cash toward closing costs. Ideal for short-horizon refinances.

Always ask for a Loan Estimate. It's a standardized 3-page document every lender must provide; it makes side-by-side comparison trivially easy. See our closing-costs breakdown for the line-by-line.

What Actually Moves Your Rate

Published rates assume a very specific borrower profile. Your actual quote will differ based on:

  • Credit score — 780+ gets the best pricing; each 20-point drop below that adds cost. Under 680, expect meaningfully higher rates.
  • Loan-to-value (LTV) — less than 60% LTV is best; 80–85% LTV is a cliff. Between 95% and 97% LTV, expect another pricing hit.
  • Loan size — under $100K or over $1.2M both add cost relative to a middle-of-the-fairway conforming loan.
  • Occupancy — second homes price ~0.25% higher than primaries; investment properties ~0.75% higher.
  • Property type — single-family is cheapest; condos and 2–4 unit properties price incrementally higher.
  • Debt-to-income (DTI) — over 45% DTI adds cost on conforming loans; jumbo lenders often cap at 43%.

When to Lock

Rate locks typically cost nothing for 30–45 days on a purchase. You're trading the chance of rates dropping for protection against rates rising. On a refinance with a quick close, a 15–30 day lock is usually plenty.

Our general guidance: if the math works at today's rate and you're under contract, lock. Trying to time the bottom is how people end up with a rate that's 0.25% higher three weeks later. See when to refinance for the break-even decision framework.