San Luis Obispo

Current Mortgage Rates in San Luis Obispo, California

Compare mortgage rates and fees for leading lenders in San Luis Obispo, CA. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lender offering the best mortgage rates in San Luis Obispo.

We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in San Luis Obispo. Plus, shopping lenders is free and there is no obligation.

Mortgage Rates in San Luis Obispo, CA as of December 11, 2019
  • Lender
  • APR
  • Loan Type
  • Rate
  • Payment
  • Fees
  • Contact

Get Personalized Mortgage Quotes for San Luis Obispo, CA

Input your information to receive personalized mortgage quotes from preferred lenders. Comparing proposals from multiple lenders is the best way to save money on your mortgage.

Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. Click for more information on rates and product details.

How Do Today's San Luis Obispo, CA Mortgage Rates Compare?

December 11, 2019

The current average rate for a 30 year fixed rate mortgage in San Luis Obispo is A.AAA%, the rate for a 15 year fixed rate mortgage is B.BBB% and the rate for a 5/1 adjustable rate mortgage (ARM) is C.CCC%

Mortgage Program
San Luis Obispo, CA Rates
30 Year Fixed Rate
15 Year Fixed Rate
5/1 Adjustable Rate Mortgage

How Affordable is Housing in San Luis Obispo, California?

The median home value for San Luis Obispo, CA is $618,054

The median household income for San Luis Obispo, CA is $69,229

Based on current mortgage rates and a 10% down payment, you need to make $114,669 per year to buy the median priced home in San Luis Obispo

The home price you can afford to buy based on household income in San Luis Obispo is 60% of the median home value which means housing prices are very expensive

San Luis Obispo ranks 49 out of 58 counties in California and 3,123 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in San Luis Obispo, CA is very expensive


Loan Limits for San Luis Obispo, California

Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for San Luis Obispo below.

Conforming loan limits for San Luis Obispo, CA

1 unit: $667,000
2 units: $853,900
3 units: $1,032,150
4 units: $1,282,700

FHA loan limits for San Luis Obispo, CA

1 unit: $667,000
2 units: $853,900
3 units: $1,032,150
4 units: $1,282,700

VA loan limits for San Luis Obispo, CA

1 unit: $667,000

Additional Mortgage Resources for San Luis Obispo, CA Residents

Mortgage Rates for California Cities

Bakersfield Mortgage Rates

Chico Mortgage Rates

El Centro Mortgage Rates

Fresno Mortgage Rates

Hanford Mortgage Rates

Humboldt Mortgage Rates

Lake Mortgage Rates

Los Angeles Mortgage Rates

Madera Mortgage Rates

Marin Mortgage Rates

Mendocino Mortgage Rates

Merced Mortgage Rates

Modesto Mortgage Rates

Monterey Mortgage Rates

Napa Mortgage Rates

Nevada City Mortgage Rates

Oakland Mortgage Rates

Orange County Mortgage Rates

Oxnard Mortgage Rates

Placerville Mortgage Rates

Redding Mortgage Rates

Richmond Mortgage Rates

Riverside Mortgage Rates

Roseville Mortgage Rates

Sacramento Mortgage Rates

San Bernardino Mortgage Rates

San Diego Mortgage Rates

San Francisco Mortgage Rates

San Jose Mortgage Rates

San Luis Obispo Mortgage Rates

San Mateo Mortgage Rates

Santa Barbara Mortgage Rates

Santa Cruz Mortgage Rates

Sonoma Mortgage Rates

Stockton Mortgage Rates

Sutter Mortgage Rates

Vallejo Mortgage Rates

Visalia Mortgage Rates

Yolo Mortgage Rates

Yuba Mortgage Rates


US Census Bureau American Community Survey: https://www.census.gov/programs-surveys/acs

FHFA House Price Index: https://www.fhfa.gov/DataTools/Downloads/Pages/House-Price-Index-Datasets.aspx#qat

Income Growth: https://www.bls.gov

National Average Rates: http://www.freddiemac.com/pmms/

Conforming Loan Limits: https://www.fhfa.gov/DataTools/Downloads/Pages/Conforming-Loan-Limits.aspx

FHA Loan Limits: https://entp.hud.gov/idapp/html/hicostlook.cfm

VA Loan Limits: https://www.benefits.va.gov/homeloans/purchaseco_loan_limits.asp

FREEandCLEAR Housing Affordability Index