SAN FRANCISCO - SAN MATEO - REDWOOD CITY Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in San Francisco - San Mateo - Redwood City averaged
6.72%
for the week of 2024-01-04, compared to the national average of
6.62% for the same period.
The average rate for the prior week (2023-12-28) was
6.51% and
one month ago for the week of 2023-11-30, the
average rate was 7.12%.
San Francisco - San Mateo - Redwood City's average rate one year ago was 6.62%.
For refis of the same type during the week of 2024-01-04, the average rate
was 7.42%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-01-04 | 6.62% |
| San Francisco - San Mateo - Redwood City 30 Year Fixed Rate | 2024-01-04 | 6.72% |
| San Francisco - San Mateo - Redwood City 30 Year Fixed Rate Refi | 2024-01-04 | 7.42% |
| San Francisco - San Mateo - Redwood City 15 Year Fixed Rate | 2024-01-04 | 5.69% |
| San Francisco - San Mateo - Redwood City 15 Year Fixed Rate Refi | 2024-01-04 | 5.89% |
| San Francisco - San Mateo - Redwood City 30 Year FHA | 2024-01-04 | 0.1% |
| San Francisco - San Mateo - Redwood City 30 Year FHA Refi | 2024-01-04 | -0.1% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA.
SAN FRANCISCO - SAN MATEO - REDWOOD CITY Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
| Name | # of Loans | 2022 Avg. 30yFix Rate | 2022 Avg. Closing Costs |
|---|
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|
SAN FRANCISCO - SAN MATEO - REDWOOD CITY Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - SAN FRANCISCO - SAN MATEO - REDWOOD CITY (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $843,722 (6.9%) | $1,502,824 (14.4%) | 3.13 | 2,294 |
| 2018-02-01 | $898,500 (6.4%) | $1,547,349 (12.0%) | 3.27 | 2,716 |
| 2018-03-01 | $949,000 (6.2%) | $1,582,709 (10.9%) | 3.33 | 3,122 |
| 2018-04-01 | $986,856 (9.8%) | $1,610,256 (8.0%) | 3.35 | 3,620 |
| 2018-05-01 | $996,500 (10.7%) | $1,616,309 (8.3%) | 3.33 | 4,074 |
| 2018-06-01 | $988,000 (9.5%) | $1,574,946 (5.8%) | 3.29 | 4,494 |
| 2018-07-01 | $927,500 (6.0%) | $1,481,278 (3.6%) | 3.10 | 4,809 |
| 2018-08-01 | $889,000 (4.7%) | $1,383,831 (-0.7%) | 2.98 | 4,925 |
| 2018-09-01 | $899,000 (2.8%) | $1,401,721 (-4.5%) | 3.02 | 5,961 |
| 2018-10-01 | $899,000 (0.0%) | $1,409,951 (-8.1%) | 3.05 | 6,158 |
| 2018-11-01 | $890,000 (-1.0%) | $1,429,127 (-8.0%) | 3.02 | 5,844 |
| 2018-12-01 | $849,950 (-3.3%) | $1,339,459 (-16.4%) | 2.93 | 4,174 |
| 2019-01-01 | $831,417 (-1.5%) | $1,301,294 (-13.4%) | 2.87 | 3,563 |
| 2019-02-01 | $887,000 (-1.3%) | $1,416,770 (-8.4%) | 3.00 | 4,084 |
| 2019-03-01 | $916,429 (-3.4%) | $1,481,212 (-6.4%) | 3.00 | 4,499 |
| 2019-04-01 | $947,000 (-4.0%) | $1,548,778 (-3.8%) | 3.01 | 4,891 |
| 2019-05-01 | $968,625 (-2.8%) | $1,495,281 (-7.5%) | 3.03 | 5,465 |
| 2019-06-01 | $959,950 (-2.8%) | $1,484,044 (-5.8%) | 3.00 | 5,927 |
| 2019-07-01 | $927,000 (-0.1%) | $1,529,948 (3.3%) | 2.90 | 5,830 |
| 2019-08-01 | $919,182 (3.4%) | $1,548,979 (11.9%) | 2.91 | 5,902 |
| 2019-09-01 | $935,955 (4.1%) | $1,536,080 (9.6%) | 3.00 | 6,015 |
| 2019-10-01 | $949,500 (5.6%) | $1,533,683 (8.8%) | 3.06 | 6,075 |
| 2019-11-01 | $949,000 (6.6%) | $1,609,486 (12.6%) | 3.11 | 4,960 |
| 2019-12-01 | $899,000 (5.8%) | $1,686,148 (25.9%) | 3.00 | 2,990 |
| 2020-01-01 | $893,500 (7.5%) | $1,699,296 (30.6%) | 2.99 | 2,563 |
| 2020-02-01 | $997,000 (12.4%) | $1,747,168 (23.3%) | 3.27 | 3,088 |
| 2020-03-01 | $998,944 (9.0%) | $1,709,858 (15.4%) | 3.13 | 3,526 |
| 2020-04-01 | $958,219 (1.2%) | $1,534,690 (-0.9%) | 3.00 | 3,419 |
| 2020-05-01 | $999,888 (3.2%) | $1,610,995 (7.7%) | 3.04 | 4,583 |
| 2020-06-01 | $1,078,750 (12.4%) | $1,662,007 (12.0%) | 3.18 | 4,952 |
| 2020-07-01 | $1,091,500 (17.8%) | $1,679,555 (9.8%) | 3.16 | 5,062 |
| 2020-08-01 | $1,050,000 (14.2%) | $1,673,332 (8.0%) | 3.01 | 5,205 |
| 2020-09-01 | $1,052,254 (12.4%) | $1,676,293 (9.1%) | 3.02 | 5,405 |
| 2020-10-01 | $1,070,000 (12.7%) | $1,673,373 (9.1%) | 3.07 | 5,810 |
| 2020-11-01 | $1,049,000 (10.5%) | $1,662,686 (3.3%) | 3.07 | 5,172 |
| 2020-12-01 | $998,250 (11.0%) | $1,709,651 (1.4%) | 2.97 | 3,718 |
| 2021-01-01 | $989,000 (10.7%) | $1,747,046 (2.8%) | 2.95 | 3,040 |
| 2021-02-01 | $999,498 (0.3%) | $1,773,068 (1.5%) | 2.91 | 3,232 |
| 2021-03-01 | $1,014,248 (1.5%) | $1,857,888 (8.7%) | 2.88 | 3,374 |
| 2021-04-01 | $1,049,500 (9.5%) | $1,865,405 (21.6%) | 2.84 | 3,460 |
| 2021-05-01 | $1,079,950 (8.0%) | $1,871,223 (16.2%) | 2.87 | 3,498 |
| 2021-06-01 | $1,062,750 (-1.5%) | $1,795,464 (8.0%) | 2.80 | 3,903 |
| 2021-07-01 | $999,000 (-8.5%) | $1,685,560 (0.4%) | 2.64 | 4,248 |
| 2021-08-01 | $995,000 (-5.2%) | $1,642,265 (-1.9%) | 2.65 | 4,270 |
| 2021-09-01 | $993,500 (-5.6%) | $1,695,927 (1.2%) | 2.65 | 4,607 |
| 2021-10-01 | $997,000 (-6.8%) | $1,757,446 (5.0%) | 2.66 | 4,573 |
| 2021-11-01 | $983,750 (-6.2%) | $1,869,686 (12.5%) | 2.63 | 3,551 |
| 2021-12-01 | $949,000 (-4.9%) | $1,843,955 (7.9%) | 2.57 | 2,331 |
| 2022-01-01 | $949,000 (-4.0%) | $1,751,443 (0.3%) | 2.57 | 2,034 |
| 2022-02-01 | $992,000 (-0.8%) | $1,754,521 (-1.1%) | 2.58 | 2,482 |
| 2022-03-01 | $1,047,000 (3.2%) | $1,732,238 (-6.8%) | 2.62 | 3,008 |
| 2022-04-01 | $1,098,000 (4.6%) | $1,752,732 (-6.0%) | 2.62 | 3,395 |
| 2022-05-01 | $1,124,000 (4.1%) | $1,732,039 (-7.4%) | 2.57 | 4,616 |
| 2022-06-01 | $1,145,000 (7.7%) | $1,718,474 (-4.3%) | 2.55 | 5,680 |
| 2022-07-01 | $1,098,000 (9.9%) | $1,625,718 (-3.6%) | 2.47 | 6,245 |
| 2022-08-01 | $1,043,000 (4.8%) | $1,568,124 (-4.5%) | 2.41 | 5,969 |
| 2022-09-01 | $1,089,472 (9.7%) | $1,647,500 (-2.9%) | 2.55 | 5,923 |
| 2022-10-01 | $1,090,000 (9.3%) | $1,692,438 (-3.7%) | 2.56 | 6,027 |
| 2022-11-01 | $1,037,000 (5.4%) | $1,691,238 (-9.5%) | 2.49 | 5,369 |
| 2022-12-01 | $993,000 (4.6%) | $1,665,404 (-9.7%) | 2.45 | 3,656 |
| 2023-01-01 | $978,500 (3.1%) | $1,644,202 (-6.1%) | 2.43 | 2,987 |
| 2023-02-01 | $1,002,500 (1.1%) | $1,758,580 (0.2%) | 2.42 | 3,089 |
| 2023-03-01 | $1,080,250 (3.2%) | $1,802,443 (4.1%) | 2.55 | 3,163 |
| 2023-04-01 | $1,150,000 (4.7%) | $1,884,965 (7.5%) | 2.67 | 3,341 |
| 2023-05-01 | $1,178,000 (4.8%) | $1,938,740 (11.9%) | 2.67 | 3,691 |
| 2023-06-01 | $1,150,000 (0.4%) | $1,939,040 (12.8%) | 2.58 | 3,977 |
| 2023-07-01 | $1,100,000 (0.2%) | $1,836,455 (13.0%) | 2.50 | 4,040 |
| 2023-08-01 | $1,049,444 (0.6%) | $1,729,983 (10.3%) | 2.41 | 4,093 |
| 2023-09-01 | $1,095,000 (0.5%) | $1,758,073 (6.7%) | 2.55 | 4,813 |
| 2023-10-01 | $1,098,000 (0.7%) | $1,768,808 (4.5%) | 2.58 | 5,053 |
| 2023-11-01 | $1,067,000 (2.9%) | $1,755,081 (3.8%) | 2.54 | 4,671 |
SAN FRANCISCO - SAN MATEO - REDWOOD CITY's median listing price for 2023-11-01 was $1,067,000, a difference of
$30,000
(2.9%) versus the prior year and
$-31,000 versus the prior month.
SAN FRANCISCO - SAN MATEO - REDWOOD CITY's median listing price comes in at 254% of the national average.
SAN FRANCISCO - SAN MATEO - REDWOOD CITY's average listing price for 2023-11-01 was $1,755,081, a difference of $63,843 (3.8%) versus the prior year and $-13,727 versus the prior month.
For the 2023-11-01 period, SAN FRANCISCO - SAN MATEO - REDWOOD CITY had 4,671 MLS listings, a difference of -382 listings (-8%) versus the prior month and -698 listings (-13%) versus the prior year.
SAN FRANCISCO - SAN MATEO - REDWOOD CITY's median listing price comes in at 254% of the national average.
SAN FRANCISCO - SAN MATEO - REDWOOD CITY's average listing price for 2023-11-01 was $1,755,081, a difference of $63,843 (3.8%) versus the prior year and $-13,727 versus the prior month.
For the 2023-11-01 period, SAN FRANCISCO - SAN MATEO - REDWOOD CITY had 4,671 MLS listings, a difference of -382 listings (-8%) versus the prior month and -698 listings (-13%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - SAN FRANCISCO - SAN MATEO - REDWOOD CITY (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 30 days | 1,720 sqft |
| 2018-02-01 | 19 days | 1,744 sqft |
| 2018-03-01 | 21 days | 1,763 sqft |
| 2018-04-01 | 22 days | 1,798 sqft |
| 2018-05-01 | 21 days | 1,811 sqft |
| 2018-06-01 | 24 days | 1,785 sqft |
| 2018-07-01 | 29 days | 1,743 sqft |
| 2018-08-01 | 29 days | 1,714 sqft |
| 2018-09-01 | 26 days | 1,698 sqft |
| 2018-10-01 | 31 days | 1,694 sqft |
| 2018-11-01 | 37 days | 1,664 sqft |
| 2018-12-01 | 50 days | 1,620 sqft |
| 2019-01-01 | 48 days | 1,604 sqft |
| 2019-02-01 | 26 days | 1,642 sqft |
| 2019-03-01 | 28 days | 1,712 sqft |
| 2019-04-01 | 26 days | 1,779 sqft |
| 2019-05-01 | 26 days | 1,821 sqft |
| 2019-06-01 | 31 days | 1,795 sqft |
| 2019-07-01 | 36 days | 1,763 sqft |
| 2019-08-01 | 36 days | 1,746 sqft |
| 2019-09-01 | 35 days | 1,723 sqft |
| 2019-10-01 | 36 days | 1,705 sqft |
| 2019-11-01 | 49 days | 1,697 sqft |
| 2019-12-01 | 66 days | 1,708 sqft |
| 2020-01-01 | 53 days | 1,682 sqft |
| 2020-02-01 | 23 days | 1,720 sqft |
| 2020-03-01 | 24 days | 1,754 sqft |
| 2020-04-01 | 38 days | 1,756 sqft |
| 2020-05-01 | 31 days | 1,760 sqft |
| 2020-06-01 | 31 days | 1,712 sqft |
| 2020-07-01 | 33 days | 1,635 sqft |
| 2020-08-01 | 36 days | 1,586 sqft |
| 2020-09-01 | 36 days | 1,549 sqft |
| 2020-10-01 | 34 days | 1,540 sqft |
| 2020-11-01 | 45 days | 1,518 sqft |
| 2020-12-01 | 56 days | 1,489 sqft |
| 2021-01-01 | 49 days | 1,462 sqft |
| 2021-02-01 | 28 days | 1,482 sqft |
| 2021-03-01 | 29 days | 1,524 sqft |
| 2021-04-01 | 29 days | 1,549 sqft |
| 2021-05-01 | 27 days | 1,575 sqft |
| 2021-06-01 | 27 days | 1,556 sqft |
| 2021-07-01 | 26 days | 1,548 sqft |
| 2021-08-01 | 29 days | 1,546 sqft |
| 2021-09-01 | 28 days | 1,533 sqft |
| 2021-10-01 | 30 days | 1,515 sqft |
| 2021-11-01 | 39 days | 1,498 sqft |
| 2021-12-01 | 47 days | 1,454 sqft |
| 2022-01-01 | 37 days | 1,420 sqft |
| 2022-02-01 | 18 days | 1,453 sqft |
| 2022-03-01 | 22 days | 1,507 sqft |
| 2022-04-01 | 23 days | 1,537 sqft |
| 2022-05-01 | 22 days | 1,572 sqft |
| 2022-06-01 | 24 days | 1,600 sqft |
| 2022-07-01 | 31 days | 1,584 sqft |
| 2022-08-01 | 36 days | 1,571 sqft |
| 2022-09-01 | 38 days | 1,594 sqft |
| 2022-10-01 | 37 days | 1,607 sqft |
| 2022-11-01 | 46 days | 1,593 sqft |
| 2022-12-01 | 61 days | 1,562 sqft |
| 2023-01-01 | 62 days | 1,552 sqft |
| 2023-02-01 | 33 days | 1,557 sqft |
| 2023-03-01 | 34 days | 1,574 sqft |
| 2023-04-01 | 31 days | 1,625 sqft |
| 2023-05-01 | 31 days | 1,639 sqft |
| 2023-06-01 | 32 days | 1,632 sqft |
| 2023-07-01 | 34 days | 1,620 sqft |
| 2023-08-01 | 33 days | 1,595 sqft |
| 2023-09-01 | 29 days | 1,590 sqft |
| 2023-10-01 | 35 days | 1,578 sqft |
| 2023-11-01 | 42 days | 1,565 sqft |
SAN FRANCISCO - SAN MATEO - REDWOOD CITY's median listing age (time on market) for 2023-11-01 was 42 days.
This
is -8%
shorter
than the same period one year ago.
SAN FRANCISCO - SAN MATEO - REDWOOD CITY's median square footage for active listings during the 2023-11-01 period was 1,565 sqft. One year prior, the average listing was 1,593 sqft.
SAN FRANCISCO - SAN MATEO - REDWOOD CITY's median square footage for active listings during the 2023-11-01 period was 1,565 sqft. One year prior, the average listing was 1,593 sqft.
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|
Loan Sizing (SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|