Alameda, California Mortgage Rates - October 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Alameda, California mortgage rates range from 4.50% to 9.50%, verified by MonitorBankRates as of October 14, 2026. Current 30-year fixed mortgage rates in Alameda, California include 1st United Credit Union1st United Credit Union2680 5th St Ste A, Alameda, CA, 94501A+5.0 ★Texas Ratio: 1.28% at 7.375%, Educational Employees Credit UnionEducational Employees Credit UnionA+5.0 ★Texas Ratio: 0.58% at 5.75%, Safe 1 Credit UnionSafe 1 Credit UnionA+5.0 ★Texas Ratio: 1.69% at 6.00%, Partners Federal Credit UnionPartners Federal Credit UnionA+5.0 ★Texas Ratio: 4.65% at 6.482%, and Certified Federal Credit UnionCertified Federal Credit UnionA+5.0 ★Texas Ratio: 1.07% at 6.50%. Mortgage rates as of October 14, 2026 according to verified data from MonitorBankRates.
Alameda borrowers can compare 354 mortgage rates from 60 lenders serving the California area, including 2 local, with rates as low as 6.50% from 1st United Credit Union at 2680 5th St Ste A, Alameda, CA, 94501. Use the tabs below to compare all available loan types and terms. Rates are continually updated, so we recommend checking back frequently.
Mortgage Rates reflect actual verified offers from lenders actively lending to California borrowers. Your final approved rate will depend on your credit profile, loan-to-value ratio, and daily market movements. Last Updated and Verified: October 14, 2026
Compare Mortgage Rates Today in Alameda, California & the Surrounding Area
Alameda 30 Year Fixed Mortgage Rates
Conforming Loans $50,000 to $832,750; with no points; Fixed-rate loan
Primary Residence; Loan amount $832,751 to $1,249,125; no points; Best rate requires FICO score of 730 or higher
Rental property; conforming loan $50,000 to $832,750 with no points; fixed rate; rates valid up to 75% CLTV for rental properties
Rental property; High balance loan $832,751 to $1,249,125 with no points; Rates valid up to 75% CLTV for rental properties
No additional details available.
Origination Processing Fee: $695.00; APR based on $250,000 loan, 80% LTV, FICO 730+, 60-day rate lock
No additional details available.
Partners best fixed rate on approved credit; rate comparison tool
Loan amount not to exceed $499,999; Conforming rates; APR assumes $250,000 loan, 80% LTV, owner occupied, single-family, credit score 620+
Loan amounts of $500,000 to $1,000,000; High balance; APR assumes $500,000 loan, 80% LTV, owner occupied, single family, credit score 620+
APR as low as; Home Mortgage Lending Rates; first APR as-low-as column
Up to Conventional loan limit; Purchase of primary residence; up to 80% LTV; origination fee .50%; no application fee; minimum payment $125 per month; appraisal required; credit report fee
No additional details available.
- Sep 25, 20266.88%▲ from 6.50%
- Sep 16, 20266.50%first recorded
No additional details available.
Rates effective as of October 13, 2026; lowest rate displayed, may be higher based on credit worthiness
APR as low as; Home Mortgage Lending Rates; second APR as-low-as column
Mortgage refinance; interest rates shown for credit score 710 or above; maximum LTV 80%; maximum loan amount $766,550.00
Section: Government; P&I per $100,000: $656.93
Rate Details For Purchase Rates Conforming and Government Loans
Rates effective as of October 13, 2026; lowest rate displayed, may be higher based on credit worthiness
Additional APR listed for this product: 7.193%.
No additional details available.
- Sep 25, 20267.11%▲ from 6.73%
- Sep 16, 20266.73%first recorded
Loan rates are based on term and applicant credit history. All loans are subject to credit approval, Loan-To-Value (LTV) requirements, and all other Gain Federal Credit Union policies and procedures. Rates are subject to change without prior notice. Loans are available in Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah, and Washington. No prepayment penalty. APR = Annual Percentage Rate. ARM = Adjustable Rate Mortgage. Adjustable Rate Mortgages are variable and the Annual Percentage Rate (APR) may increase after the initial fixed rate period.
- Sep 25, 20267.11%▲ from 6.73%
- Sep 16, 20266.73%first recorded
As Low As; Lock in peace of mind for the long haul. A 30-year mortgage means lower monthly payments and lasting security.
- Oct 14, 20267.13%▼ from 7.25%
- Oct 1, 20267.25%▲ from 7.13%
- Sep 27, 20267.13%▲ from 7.00%
- Sep 22, 20267.00%▲ from 6.88%
Section: Conventional Fixed; P&I per $100,000: $665.30
No additional details available.
Section: Conventional Fixed; P&I per $100,000: $673.72
No additional details available.
As Low As; APR based on $250,000 loan, 80% LTV, FICO 740+, 60-day rate lock
- Oct 12, 20267.20%▲ from 6.70%
- Oct 8, 20266.70%▲ from 6.50%
- Sep 17, 20266.50%first recorded
On a typical loan of $500,000.00
- Oct 1, 20267.23%▲ from 7.10%
- Sep 27, 20267.10%▲ from 6.72%
- Sep 15, 20266.72%first recorded
As Low As; Mortgage Loan
- Oct 13, 20267.23%▲ from 6.73%
- Sep 14, 20266.73%first recorded
No additional details available.
- Oct 9, 20267.23%▼ from 7.24%
- Sep 29, 20267.24%first recorded
As Low As; Mortgage APR; effective 5/27/2026 for purchases and refinance; based on $400,000 value, $300,000 loan, 75% LTV, FICO 740; $0 down, no mortgage insurance; First-Time Homebuyer: borrower(s) have not owned a property in the past 3 years
Owner-occupied primary residence, single-family, California, LTV 60% or less, no cash-out; APR reflects FICO 740+
No additional details available.
Fixed and Adjustable Rate Mortgages
- Oct 14, 20267.31%▲ from 6.94%
- Sep 14, 20266.94%first recorded
Loan Amount: $50,000 to $832,750
Loan amount: $50,000 to $832,750
Section: Government; P&I per $100,000: $682.18
Home loans up to $832,750; Rate effective date October 12, 2026
- Oct 13, 20267.35%▼ from 7.47%
- Oct 9, 20267.47%▲ from 7.35%
- Oct 5, 20267.35%▼ from 7.47%
- Oct 2, 20267.47%▲ from 7.35%
No additional details available.
As Low As; APR* as low as 7.352% as printed; interest rate not published on page
- Oct 14, 20267.35%▼ from 7.48%
- Oct 2, 20267.48%▲ from 7.35%
- Oct 1, 20267.35%▲ from 7.10%
- Sep 18, 20267.10%▲ from 6.97%
Conforming High-Balance loan $806,501-$1,209,750; Payment:; Rates effective 10/13/2026
Mortgage Loan Rates; APR* (As Low As)
- Oct 9, 20267.36%▼ from 7.41%
- Oct 5, 20267.41%▲ from 7.39%
- Sep 29, 20267.39%▲ from 7.35%
- Sep 25, 20267.35%▲ from 7.03%
As Low As; Today's Purchase Rates; Effective October 13, 2026
- Oct 14, 20267.38%▲ from 7.00%
- Sep 14, 20267.00%first recorded
Primary residences in North or South Carolina; APR includes 1% origination fee
- Oct 13, 20267.39%▲ from 6.58%
- Sep 14, 20266.58%first recorded
No additional details available.
- Oct 9, 20267.40%▲ from 7.27%
- Oct 2, 20267.27%▼ from 7.40%
- Sep 29, 20267.40%first recorded
As Low As
- Oct 13, 20267.40%▲ from 7.29%
- Sep 25, 20267.29%▲ from 7.15%
- Sep 21, 20267.15%▲ from 7.05%
- Sep 18, 20267.05%first recorded
Conventional Fixed; P&I per $100,000: $682.18; 1st Adj Rate: N/A; 1st Adj Payment: N/A
Fixed-rate conforming mortgage; Conforming Maximum Loan up to $832,750; Est. Payment per $1,000: $6.91; Rates Effective as of: October 13, 2026
Alameda 15 Year Fixed Mortgage Rates
Conforming Loans $50,000 to $832,750; with no points; Fixed-rate loan
Primary Residence; Loan amount $832,751 to $1,249,125; no points; Best rate requires FICO score of 730 or higher
Rental property; conforming loan $50,000 to $832,750 with no points; fixed rate; rates valid up to 75% CLTV for rental properties
Rental property; High balance loan $832,751 to $1,249,125 with no points; Rates valid up to 75% CLTV for rental properties
Origination Processing Fee: $695.00; APR based on $250,000 loan, 80% LTV, FICO 730+, 60-day rate lock
No additional details available.
Loan amount not to exceed $499,999; Conforming rates; APR assumes $250,000 loan, 80% LTV, owner occupied, single-family, credit score 620+
Loan amounts of $500,000 to $1,000,000; High balance; APR assumes $500,000 loan, 80% LTV, owner occupied, single family, credit score 620+
Additional APR listed for this product: 6.250%. Section: Conventional Fixed; P&I per $100,000: $843.86
- Oct 13, 20266.09%▼ from 6.33%
- Sep 29, 20266.33%first recorded
No additional details available.
- Oct 12, 20266.25%▼ from 6.38%
- Oct 8, 20266.38%▲ from 6.25%
- Sep 25, 20266.25%▲ from 5.88%
- Sep 16, 20265.88%first recorded
Mortgage refinance; interest rates shown for credit score 710 or above; maximum LTV 80%; maximum loan amount $766,550.00
No additional details available.
Additional APR listed for this product: 6.505%. Conventional Fixed; P&I per $100,000: $857.42; 1st Adj Rate: N/A; 1st Adj Payment: N/A
- Oct 13, 20266.35%▼ from 6.59%
- Oct 2, 20266.59%first recorded
Rates effective as of October 13, 2026; lowest rate displayed, may be higher based on credit worthiness
Rates effective as of October 13, 2026; lowest rate displayed, may be higher based on credit worthiness
As Low As; Get peace of mind with predictable monthly payments. Both traditional and short-term options available.
- Sep 27, 20266.50%▲ from 6.25%
- Sep 18, 20266.25%▲ from 6.13%
- Sep 14, 20266.13%first recorded
As Low As; Mortgage APR; effective 5/27/2026 for purchases and refinance; based on $400,000 value, $300,000 loan, 75% LTV, FICO 740; $0 down, no mortgage insurance; First-Time Homebuyer: borrower(s) have not owned a property in the past 3 years
Owner-occupied primary residence, single-family, California, LTV 60% or less, no cash-out; APR reflects FICO 740+
Loan rates are based on term and applicant credit history. All loans are subject to credit approval, Loan-To-Value (LTV) requirements, and all other Gain Federal Credit Union policies and procedures. Rates are subject to change without prior notice. Loans are available in Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah, and Washington. No prepayment penalty. APR = Annual Percentage Rate. ARM = Adjustable Rate Mortgage. Adjustable Rate Mortgages are variable and the Annual Percentage Rate (APR) may increase after the initial fixed rate period.
- Oct 4, 20266.67%▲ from 6.16%
- Sep 16, 20266.16%first recorded
No additional details available.
Owner-occupied primary residence, single-family, California, LTV 60% or less, no cash-out; APR reflects FICO 740+
Conforming High-Balance loan $806,501-$1,209,750; Payment:; Rates effective 10/13/2026
Mortgage Loan Rates; APR* (As Low As)
- Oct 13, 20266.74%▼ from 6.76%
- Oct 9, 20266.76%▼ from 6.86%
- Oct 5, 20266.86%▲ from 6.84%
- Oct 2, 20266.84%▼ from 6.86%
No additional details available.
As Low As; Today's Purchase Rates; Effective October 13, 2026
As Low As; Home loans as low as 6.75% APR; Rates as of 10/01/2026
No additional details available.
No additional details available.
As Low As; w/ 0.875 Points; Payment: 2,090.66
Conforming High-Balance loan $806,501-$1,209,750; Payment:; Rates effective 10/13/2026
As Low As; Origination Fee: $4,425; P&I Payments: $2,613.32; Conventional 60% LTV loan
- Oct 1, 20266.83%▲ from 6.00%
- Sep 22, 20266.00%▼ from 6.32%
- Sep 14, 20266.32%first recorded
Fixed-rate conforming mortgage; Conforming Maximum Loan up to $832,750; Est. Payment per $1,000: $8.85; Rates Effective as of: October 13, 2026
Conforming Maximum Loan up to $832,750; Rates Effective as of: October 13, 2026
No additional details available.
As Low As; Mortgage Loans
Loan Amount: $50,000 to $832,750
Loan amount: $50,000 to $832,750
Payment:; Rates effective 10/13/2026
Mortgage; Conforming; Last Updated: 10/09/2026
Primary residences in North or South Carolina; APR includes 1% origination fee
- Oct 13, 20266.97%▲ from 6.20%
- Sep 14, 20266.20%first recorded
Fixed and Adjustable Rate Mortgages
- Oct 14, 20266.97%▲ from 6.47%
- Sep 14, 20266.47%first recorded
Payment:; Rates effective 10/13/2026
Rates shown include 0.125% autopay and paperless discount.
- Oct 7, 20266.99%▲ from 6.49%
- Sep 15, 20266.49%first recorded
Loan Amount: $832,751 to $1,249,125
Loan amount: $832,751 to $1,249,125
Home loans up to $832,750; Rate effective date October 12, 2026
- Oct 5, 20267.03%▼ from 7.16%
- Sep 29, 20267.16%▲ from 7.03%
- Sep 25, 20267.03%▲ from 6.65%
- Sep 17, 20266.65%▲ from 6.53%
On a typical loan of $500,000.00
- Oct 1, 20267.04%▲ from 6.91%
- Sep 27, 20266.91%▲ from 6.54%
- Sep 15, 20266.54%first recorded
As Low As; Origination Fee: $1,425; P&I Payments: $2,675.56; Conventional 60% LTV loan
- Oct 1, 20267.04%▲ from 6.54%
- Sep 14, 20266.54%first recorded
From $50K to $832,750; Conforming loan; ** rates based on purchase transaction, minimum 640 FICO, primary occupancy, 60% LTV/CLTV, 1-unit single family residence
- Oct 9, 20267.07%▼ from 7.20%
- Oct 2, 20267.20%▲ from 7.07%
- Oct 1, 20267.07%▲ from 6.70%
- Sep 22, 20266.70%▲ from 6.58%
As Low As; APR based on $250,000 loan, 80% LTV, FICO 740+, 60-day rate lock
- Oct 12, 20267.08%▲ from 6.57%
- Oct 8, 20266.57%▲ from 6.25%
- Sep 17, 20266.25%first recorded
Alameda 5/1 ARM Mortgage Rates
Adjustable Rate Mortgage (ARM) - Home Loans; Base Rate 4.500%, Initial APR 4.611%; APR assumes 30-year term, 2/6 caps
Section: Adjustable; 1st Adj Rate: 6.500%; P&I per $100,000: $536.82
- Oct 13, 20265.08%▲ from 5.07%
- Oct 5, 20265.07%▼ from 5.33%
- Sep 29, 20265.33%first recorded
APR as low as; Home Mortgage Lending Rates; first APR as-low-as column
As Low As; Current Calculation of Rate Remaining Term: 6.625%; Rate and payments adjust every 5 years; Up to 97% LTV for first-time homebuyers, 95% for all other purchases
APR as low as; Home Mortgage Lending Rates; second APR as-low-as column
As Low As; Rate fixed for 15 years, then adjusts once at 15 years (can increase by no more than 6.00%); Payment Per $1,000 Financed: $5.84; Maximum loan-to-value 95%; Valid for owner occupied properties
Rates updated 10/05/2026. Rates subject to change daily. Rates and payments listed above are based on a rate and term refinance on an Single Family Residence, with a $500,000 loan amount, a 720 FICO score, a 60% LTV ratio, and <40% DTI ratio. Files are underwritten on a case by case basis. All applications are subject to credit, income, asset, and property approval. Payments listed are for principal and interest only. Tax and insurance impounds are available and are required on some scenarios. Adjustable rate mortgages (ARM's) are variable interest rate loans. The rate and payment is subject to change during the term of the loan. Our 5/1 ARM, for example, has a total term of 30 years, with an introductory fixed rate period for 5 years, then converts to a variable rate mortgage for the remaining 25 years, adjusting once per year. Our 40 year 10/1 ARM has a total term of 40 years, with an introductory fixed rate period for 10 years, then converts to a variable rate mortgage for the remaining 30 years, adjusting once per year. Property insurance is required on all financed properties. Maximum loan limits apply. Additional programs and rates available, call for info. Payments listed are for principal and interest only. Adjustable rate mortgages (ARM's) are variable interest rate loans. The rate and payment is subject to change during the term of the loan. Our 5/1 ARM, for example, has a total term of 30 years, with an introductory fixed rate period for 5 years, then converts to a variable rate mortgage for the remaining 25 years, adjusting once per year. Our 40 year 10/1 ARM has a total term of 40 years, with an introductory fixed-rate period for 10 years, then converts to a variable rate mortgage for the remaining 30 years, adjusting once per year.
As Low As; Enjoy a low initial rate that adjusts with the market. Various terms and options available.
- Oct 14, 20266.00%▼ from 6.13%
- Oct 1, 20266.13%▲ from 5.63%
- Sep 18, 20265.63%▲ from 5.50%
- Sep 14, 20265.50%first recorded
As Low As; ARM index for one-time rate adjustment is 30 day SOFR plus 2.50% margin, cap 5%; APR based on $250,000 loan, 80% LTV, FICO 740+, 60-day rate lock
- Oct 12, 20266.03%▲ from 6.00%
- Oct 8, 20266.00%▲ from 5.75%
- Sep 17, 20265.75%first recorded
Loan rates are based on term and applicant credit history. All loans are subject to credit approval, Loan-To-Value (LTV) requirements, and all other Gain Federal Credit Union policies and procedures. Rates are subject to change without prior notice. Loans are available in Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah, and Washington. No prepayment penalty. APR = Annual Percentage Rate. ARM = Adjustable Rate Mortgage. Adjustable Rate Mortgages are variable and the Annual Percentage Rate (APR) may increase after the initial fixed rate period.
Margin: 2.500%; Caps: 2/2/6; Index: One-Year CMT; Est. payment per $1,000: $6.08
- Oct 14, 20266.15%▼ from 6.17%
- Oct 10, 20266.17%▲ from 6.05%
- Oct 1, 20266.05%▼ from 6.30%
- Sep 27, 20266.30%first recorded
As Low As; Current Calculation of Rate Remaining Term: 6.625%; Rate and payments adjust every 5 years; Up to 97% LTV for first-time homebuyers, 95% for all other purchases
Adjustable Rate Mortgages; Margin: 2.500%; Caps: 2/2/6; Index: One-Year CMT; Rate-lock 45 days; assumed credit score 720; LTV below 60% or no-cashout refinance
- Oct 10, 20266.17%▲ from 6.05%
- Oct 1, 20266.05%▼ from 6.30%
- Sep 27, 20266.30%▲ from 6.17%
- Sep 18, 20266.17%▲ from 6.05%
Margin: 2.500%; Caps: 2/2/6; Est. payment per $1,000: $6.08; Index: One-Year CMT; Rate-lock period 45 days
- Oct 10, 20266.17%▲ from 6.05%
- Oct 1, 20266.05%▼ from 6.30%
- Sep 27, 20266.30%first recorded
Margin: 2.500%; Caps: 1/1/4; Index: One-Year Constant Maturity Treasury; Maximum rate and APR over life of loan is 4% from start rate; Last Modified: 10/13/2026
Rates effective as of October 13, 2026; APR based on $250,000 loan amount with $3,000 closing costs (conforming); Payment Examples available
Rates effective as of October 13, 2026; APR based on $300,000 loan amount plus fees; Payment Examples available
Fixed APR for 15 years; promotional banner: lock in a lower rate for 15 years
Adjustable Rate Mortgage
- Oct 13, 20266.25%▼ from 7.03%
- Oct 2, 20267.03%first recorded
Margin: 2.375%; Caps: 2/2/5; Index: Five-Year CMT; Est. payment per $1,000: $6.16
- Oct 14, 20266.27%▼ from 6.30%
- Oct 10, 20266.30%▲ from 6.17%
- Oct 1, 20266.17%▼ from 6.40%
- Sep 27, 20266.40%first recorded
Adjustable Rate Mortgages; Margin: 2.375%; Caps: 2/2/5; Index: Five-Year CMT; Rate-lock 45 days; assumed credit score 720; LTV below 60% or no-cashout refinance
- Oct 10, 20266.30%▲ from 6.17%
- Oct 1, 20266.17%▼ from 6.40%
- Sep 27, 20266.40%▲ from 6.30%
- Sep 18, 20266.30%▲ from 6.17%
Margin: 2.375%; Caps: 2/2/5; Est. payment per $1,000: $6.16; Index: Five-Year CMT; Rate-lock period 45 days
- Oct 10, 20266.30%▲ from 6.17%
- Oct 1, 20266.17%▼ from 6.40%
- Sep 27, 20266.40%first recorded
As low as 3% down payment; Initial interest rate is fixed for the first five years of your mortgage. After that, your rate adjusts, based on market conditions, once every five years. Representative Payment Example at Current Market Rates: For a $400,000 loan at an initial discounted interest rate of 6.000% and APR of 6.379%, the monthly payment schedule would be 60 payments of $2,398.20 followed by 300 payments of $2,870.01 at an interest rate of 7.990% (based on current market rates). This example assumes no change in the rate after the second 5-year adjustment period; however, the interest rate may change every 5 years based on changes in the Index; your payment can change every 5 years based on changes in the interest rate. If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes, homeowner's insurance, flood and private mortgage insurance if applicable. Eligible properties are primary residence single-family homes and Planned Unit Development (PUD) properties.
ARM Loans; Effective October 1, 2026
ARM Loans; Effective October 1, 2026
ARM Loans; Effective October 1, 2026
ARM Loans; Effective October 1, 2026
ARM Loans; Effective October 1, 2026
Rate may be increased after closing
As Low As; Adjustable-rate mortgage: fixed for first 5 years, then adjusts per index plus 2% margin every 5 years
- Oct 9, 20266.56%▲ from 6.37%
- Sep 25, 20266.37%▲ from 6.19%
- Sep 18, 20266.19%first recorded
APR reflects FICO score of 740 or higher, owner-occupied single-family in California, loan-to-value 60% or less; rates subject to change without notice
Conforming/Super Conforming ARM
Term: 5/1 ARM
No additional details available.
On a typical loan of $500,000.00, then 300 monthly payments with a rate of 6.500% and payments of $3,164.85
- Oct 1, 20266.65%▲ from 6.60%
- Sep 27, 20266.60%first recorded
ARM Loans; Effective October 1, 2026
ARM Loans; Effective October 1, 2026
No Closing Cost, Rate may be increased after closing
Current rate 5.625% (6.705% APR) is subject to change; example based on 30-year 5/5 ARM loan of $300,000; first five years
- Oct 10, 20266.71%▲ from 6.58%
- Sep 27, 20266.58%▲ from 6.43%
- Sep 22, 20266.43%▼ from 6.53%
- Sep 18, 20266.53%▲ from 6.46%
Payment period: 1st 60 payments; Margin: 2.750%; Caps: 2% initial, 2% periodic, 5% lifetime; CMT Index: 4.520%; Refinance only
- Oct 13, 20266.73%▲ from 6.53%
- Sep 17, 20266.53%first recorded
Refinance Adjustable Rate Loan; Amount: $50,000 to $832,750
- Oct 10, 20266.73%▲ from 6.31%
- Sep 14, 20266.31%first recorded
No additional details available.
- Oct 7, 20266.76%▲ from 6.75%
- Oct 1, 20266.75%first recorded
Payments 1-60; Margin 2.750%; Caps: 2% initial, 2% periodic, 5% lifetime; CMT Index 4.520%; Loan amounts $50,000 - $832,750
Rate fixed for first 5 years, then adjusts periodically; Margin 2.750%; Caps 2% initial, 2% periodic, 5% lifetime; CMT Index 4.520%; Loan amounts $50,000 - $1,500,000; Maximum LTV 90%
- Oct 13, 20266.78%▼ from 6.81%
- Oct 2, 20266.81%▲ from 6.58%
- Sep 17, 20266.58%first recorded
Home loans up to $832,750; Rate effective date October 12, 2026
- Oct 13, 20266.79%▼ from 6.84%
- Oct 9, 20266.84%▲ from 6.57%
- Sep 14, 20266.57%first recorded
Caps: 2% initial, 2% periodic, 5% lifetime; Margin: 2.750%; CMT Index: 4.520%; Initial fixed period: 60 payments
- Oct 2, 20266.81%▲ from 6.58%
- Sep 17, 20266.58%first recorded
Conforming/Super Conforming ARM; Rates subject to change once every 5 years based on the 5-Year CMT index
Term: 5/5 ARM
Origination Fee: $1,425; P&I Payments: $1,822.83; Index: 1 Year US Treasury CMT; margin 2.75%; 2% annual rate cap; 6% lifetime rate cap; CLTV up to 97%
Rate adjusts every 5 years; Payment period: 1st 60 payments; Margin: 2.375%; Caps: 2% initial, 2% periodic, 6% lifetime; CMT Index: 5.060%; Refinance only
- Oct 13, 20266.85%▲ from 6.58%
- Sep 17, 20266.58%first recorded
Alameda 30-Year Jumbo Mortgage Rates
Primary Residence; 7/1 ARM; Loan amount $1,249,126 to $2,000,000 with no points; Loans available up to $2,000,000.00 and valid up to 80% combined loan-to-value for primary residence; FICO 730+ best rate
ARM rates, APRs and monthly payments are subject to increase after the initial fixed-rate period of five, seven, or 10 years and assume a 30-year term.
ARM rates, APRs and monthly payments are subject to increase after the initial fixed-rate period of five, seven, or 10 years and assume a 30-year term.
Primary Residence; Loan amount $1,249,126 to $2,000,000 with no points; Rates valid up to 80% CLTV for primary residence; FICO 730+ best rates
No additional details available.
No additional details available.
$1,249,126; Rental property; Loan amount $1,249,126 to $2,000,000 with no points; Rates may be higher for 3-4 unit properties
No additional details available.
As Low As; Origination/Discount Fee: 0.750%; Mortgage Rates as of October 13, 2026
As Low As; Origination/Discount Fee: 0.750%; Mortgage Rates as of October 13, 2026
Purchase Rates; Jumbo 7-Year SOFR ARM; rate and APR as shown in the Jumbo table
Adjustable-rate mortgage; Margin: 2.500%; Caps: 2/2/6
- Oct 10, 20266.40%▲ from 6.27%
- Oct 1, 20266.27%▼ from 6.52%
- Sep 27, 20266.52%first recorded
Initial rate fixed for first 60 months, then adjusts every six months; indexed to 30-day Average SOFR with margin 2.750%; Purchase; Rate lock 30 days
- Oct 13, 20266.43%▲ from 6.35%
- Oct 9, 20266.35%first recorded
Initial fixed period 120 months, then adjusts every six months; indexed to 30-day Average SOFR with a 2.750% margin; rate lock 30 days; assumed credit score 740
Refinance Adjustable Rate Loan; Amount: $832,751 to $2,500,000
- Oct 10, 20266.56%▲ from 6.12%
- Sep 14, 20266.12%first recorded
As Low As; Current Calculation of Rate Remaining Term: 7.375%; Rate 1 for first 7 years
Refinance Rates Jumbo Loans 5-Year SOFR ARM; initial rate fixed for first 60 months, then adjusts every six months; indexed to 30-day Average SOFR with 2.750% margin; discount points shown as 0.125
Refinance Rates Jumbo Loans; Index: 30-day Average SOFR, margin 2.750%; initial rate fixed for first 84 months, then adjusts every six months; rate lock 45 days; assumed credit score 740; escrow account required
Jumbo ARM
- Oct 13, 20266.65%▲ from 6.53%
- Sep 14, 20266.53%first recorded
No additional details available.
APR reflects FICO 740 or higher, owner-occupied single-family primary residence in California, LTV 60% or less; Investment Property: add 0.50 basis points to Rate; LTV greater than 80%: add 0.25 basis points to Rate
APR reflects FICO 740 or higher, owner-occupied single-family primary residence in California, LTV 60% or less; Investment Property: add 0.50 basis points to Rate; LTV greater than 80%: add 0.25 basis points to Rate
No additional details available.
Refinance Adjustable Rate Loan; Amount: $832,751 to $2,500,000
- Oct 10, 20266.74%▲ from 6.28%
- Sep 14, 20266.28%first recorded
Jumbo loan over $1,209,750; Payment:; Rates effective 10/13/2026
Home loans over $832,750; Link: Get Started
- Oct 13, 20266.80%▼ from 6.87%
- Oct 9, 20266.87%▲ from 6.80%
- Oct 5, 20266.80%▲ from 6.55%
- Sep 17, 20266.55%first recorded
Initial rate fixed for first 120 months, then adjusts every six months; indexed to 30-day Average SOFR with 2.750% margin; rate lock 45 days; assumed credit score 740
- Oct 13, 20266.81%▲ from 6.63%
- Oct 2, 20266.63%▲ from 6.39%
- Sep 22, 20266.39%first recorded
As Low As; Current Calculation of Rate Remaining Term: 7.375%; Rate 1 for first 7 years
Adjustable-rate mortgage loan; Rates as of Oct 13, 2026 ET
- Oct 6, 20266.87%▲ from 6.77%
- Sep 30, 20266.77%first recorded
Jumbo Loans purchase rate; Rate Details For Purchase Rates Jumbo Loans 30-Year Fixed; rate lock 30 days; assumed credit score 740
Jumbo loan; Loan amounts up to $2.5 million; Purchase | No cash-out refinance | Single-family home | Primary residence; Limited-time offer; APR based on 20% down or 80% CLTV, FICO 700+, $1,249,125 loan amount
Jumbo loan over $1,209,750; Payment:; Rates effective 10/13/2026
APR as low as; Home Mortgage Lending Rates; first APR as-low-as column
Annual Percentage Rate reflects FICO 700 or higher; owner-occupied primary residence, single-family, California, 60% LTV or less, no cash-out
- Oct 10, 20267.02%▲ from 6.64%
- Sep 18, 20266.64%▲ from 6.52%
- Sep 14, 20266.52%first recorded
Refinance Adjustable Rate Loan; Amount: $832,751 to $2,500,000
- Oct 10, 20267.11%▲ from 6.57%
- Sep 14, 20266.57%first recorded
As Low As; Finance higher-priced homes without a large down payment or multiple mortgages.
- Oct 1, 20267.13%▲ from 6.88%
- Sep 18, 20266.88%▲ from 6.63%
- Sep 14, 20266.63%first recorded
Annual Percentage Rate reflects FICO 700 or higher; owner-occupied primary residence, single-family, California, 60% LTV or less, no cash-out
- Oct 10, 20267.18%▲ from 6.80%
- Sep 18, 20266.80%▲ from 6.67%
- Sep 14, 20266.67%first recorded
APR as low as; Home Mortgage Lending Rates; second APR as-low-as column
Refinance Rates Jumbo Loans 30-Year Fixed; Discount Points -0.125
Fixed and Adjustable Rate Mortgages
- Oct 14, 20267.29%▲ from 6.92%
- Sep 14, 20266.92%first recorded
Home loans over $832,750; Link: Get Started
- Oct 13, 20267.30%▼ from 7.43%
- Oct 9, 20267.43%▲ from 7.30%
- Oct 5, 20267.30%▼ from 7.43%
- Oct 2, 20267.43%▲ from 7.30%
Loan Amounts: See Below; Loan amounts from $832,751 - $3,000,000; Loan amounts greater than $2,000,000 subject to additional rate adjustment of 0.25%; Maximum LTV 90% for loans up to $1,500,000 and 80% for loans up to $3,000,000; PMI required for down payments less than 20%
Rates Effective as of: October 13, 2026; Jumbo loans amounts vary and depend on property location; Maximum Loan Amount: Up to 80% combined loan to value; Rates based on single unit primary residence, 60% CLTV, 760+ credit
Loan amount $832,751 - $5,000,000; assumptions: 660 FICO, primary occupancy, 60% LTV/CLTV, 1-unit single family
Loan Amounts: See Below; Par option shown. Other options: 7.125% rate / 7.27% APR at 1.000 points; 7.625% rate / 7.67% APR at -1.000 points
Advertised rate: single-family primary residence, 720 FICO, 20% down; Rates as of Oct 13, 2026 ET
No additional details available.
Fixed rate
Fixed rate
Jumbo loan over $1,209,750; Payment:; Rates effective 10/13/2026
Alameda 15-Year Jumbo Mortgage Rates
Primary Residence; Loan amount $1,249,126 to $2,000,000 with no points; Rates valid up to 80% CLTV for primary residence; FICO 730+ best rates
No additional details available.
$1,249,126; Rental property; Loan amount $1,249,126 to $2,000,000 with no points; Rates may be higher for 3-4 unit properties
As Low As; Origination/Discount Fee: 0.750%; Mortgage Rates as of October 13, 2026
Mortgage; Jumbo; Rates Effective Date: October 13, 2026
Rates Effective as of: October 13, 2026; Jumbo loans amounts vary and depend on property location; Maximum Loan Amount: Up to 80% combined loan to value; Rates based on single unit primary residence, 60% CLTV, 760+ credit
Jumbo loan over $1,209,750; Payment:; Rates effective 10/13/2026
Loan Amounts: See Below; Par option shown. Other options: 6.500% rate / 6.73% APR at 1.000 points; 7.000% rate / 7.07% APR at -1.000 points
Loan Amounts: See Below; Loan amounts from $832,751 - $3,000,000; Loan amounts greater than $2,000,000 subject to additional rate adjustment of 0.25%; Maximum LTV 90% for loans up to $1,500,000 and 80% for loans up to $3,000,000; PMI required for down payments less than 20%
Fixed rate
Jumbo loan over $1,209,750; Payment:; Rates effective 10/13/2026
Jumbo loan; Loan amounts up to $2.5 million; Purchase | No cash-out refinance | Single-family home | Primary residence; Limited-time offer; APR based on 20% down or 80% CLTV, FICO 700+, $1,249,125 loan amount
Advertised rate: single-family primary residence, 720 FICO, 20% down; Rates as of Oct 13, 2026 ET
Loan Amount: $832,751 to $2,500,000
Loan amount: $832,751 to $2,500,000
No additional details available.
Jumbo
- Oct 13, 20267.23%▲ from 6.83%
- Sep 14, 20266.83%first recorded
No additional details available.
Home loans over $832,750; Link: Get Started
- Oct 5, 20267.34%▼ from 7.46%
- Sep 29, 20267.46%▲ from 7.34%
- Sep 25, 20267.34%▲ from 6.96%
- Sep 17, 20266.96%▲ from 6.83%
Alameda 5/1 Jumbo ARM Mortgage Rates
ARM rates, APRs and monthly payments are subject to increase after the initial fixed-rate period of five, seven, or 10 years and assume a 30-year term.
APR as low as; Home Mortgage Lending Rates; first APR as-low-as column
As Low As; Jumbo; For loans over $766,550; Current Calculation of Rate Remaining Term: 6.625%; Rate and payments adjust every 5 years; 95% maximum LTV
APR as low as; Home Mortgage Lending Rates; second APR as-low-as column
As Low As; For loans over $766,550; Rate fixed for 15 years, then adjusts once at 15 years (can increase by no more than 6.00%); Payment Per $1,000 Financed: $5.84; Maximum loan-to-value 95%; Valid for owner occupied properties
Adjustable-rate mortgage; Margin: 2.500%; Caps: 2/2/6
- Oct 10, 20266.15%▲ from 6.02%
- Oct 1, 20266.02%▼ from 6.27%
- Sep 27, 20266.27%first recorded
As Low As; Jumbo; For loans over $766,550; Current Calculation of Rate Remaining Term: 6.625%; Rate and payments adjust every 5 years; 95% maximum LTV
Adjustable-rate mortgage; Margin: 2.375%; Caps: 2/2/5
- Oct 10, 20266.27%▲ from 6.15%
- Oct 1, 20266.15%▼ from 6.40%
- Sep 27, 20266.40%first recorded
ARM Loans; Effective October 1, 2026
ARM Loans; Effective October 1, 2026
ARM Loans; Effective October 1, 2026
Jumbo ARM
- Oct 13, 20266.60%▲ from 6.45%
- Sep 14, 20266.45%first recorded
Refinance Adjustable Rate Loan; Amount: $832,751 to $2,500,000
- Oct 10, 20266.62%▲ from 6.19%
- Sep 14, 20266.19%first recorded
APR reflects FICO 740 or higher, owner-occupied single-family primary residence in California, LTV 60% or less; Investment Property: add 0.50 basis points to Rate; LTV greater than 80%: add 0.25 basis points to Rate
Home loans over $832,750; Link: Get Started
- Oct 13, 20266.75%▼ from 6.80%
- Oct 9, 20266.80%▲ from 6.75%
- Oct 5, 20266.75%▲ from 6.53%
- Sep 17, 20266.53%first recorded
Jumbo ARM; Rates subject to change once every 5 years based on the 5-Year CMT index
- Oct 13, 20266.79%▲ from 6.65%
- Sep 14, 20266.65%first recorded
No additional details available.
Refinance Adjustable Rate Loan; Amount: $832,751 to $2,500,000
- Oct 10, 20266.82%▲ from 6.32%
- Sep 14, 20266.32%first recorded
Adjustable-rate mortgage loan; Rates as of Oct 13, 2026 ET
- Oct 6, 20266.83%▲ from 6.75%
- Sep 30, 20266.75%first recorded
Adjustable-rate mortgage (5/1 ARM)
- Oct 14, 20268.21%▲ from 6.93%
- Oct 1, 20266.93%▲ from 6.56%
- Sep 14, 20266.56%first recorded
Alameda FHA Loan Rates
No additional details available.
Mortgage; FHA; Rates Effective Date: October 13, 2026
Section: Government; P&I per $100,000: $656.93
Additional APR listed for this product: 7.193%.
Refinance only; Par option (0.000 points); Loan amounts $50,000 - $1,249,125
Par option (0.000 points); other options: 6.250% rate / 7.17% APR at 1.000 points, 6.750% rate / 7.51% APR at -1.000 points; loan amounts $50,000 - $1,249,125; minimum down payment 3.5%; APR includes mortgage insurance
No additional details available.
Purchase rate; FHA conforming and government loan; rate lock 30 days; assumed credit score 740; loan amount $300,000; property value $400,000
No additional details available.
No additional details available.
- Oct 9, 20267.86%▼ from 7.89%
- Oct 5, 20267.89%▲ from 7.86%
- Oct 2, 20267.86%▼ from 7.89%
- Sep 29, 20267.89%▲ from 7.87%
Mortgage; FHA; Rates Effective Date: October 13, 2026
No additional details available.
No additional details available.
- Oct 9, 20268.10%▲ from 7.97%
- Oct 5, 20267.97%▼ from 8.10%
- Oct 2, 20268.10%▲ from 7.97%
- Sep 29, 20267.97%▲ from 7.84%
Refinance only; Par option (0.000 points); Loan amounts $50,000 - $1,249,125
Par option (0.000 points); other options: 7.125% rate / 8.01% APR at 1.000 points, 7.625% rate / 8.41% APR at -1.000 points; loan amounts $50,000 - $1,249,125; minimum down payment 3.5%; APR includes mortgage insurance
No additional details available.
Alameda VA Loan Rates
No additional details available.
No additional details available.
Home loans over $832,750; Link: Get Started
- Oct 13, 20266.75%▼ from 6.80%
- Oct 9, 20266.80%▲ from 6.75%
- Oct 5, 20266.75%▲ from 6.53%
- Sep 17, 20266.53%first recorded
Home loans up to $832,750; Rate effective date October 12, 2026
- Oct 13, 20266.79%▼ from 6.84%
- Oct 9, 20266.84%▲ from 6.57%
- Sep 14, 20266.57%first recorded
Home loans over $832,750; Link: Get Started
- Oct 13, 20266.80%▼ from 6.87%
- Oct 9, 20266.87%▲ from 6.80%
- Oct 5, 20266.80%▲ from 6.55%
- Sep 17, 20266.55%first recorded
Home loans up to $832,750; Rate effective date October 12, 2026
- Oct 13, 20266.84%▼ from 6.91%
- Oct 9, 20266.91%▲ from 6.59%
- Sep 14, 20266.59%first recorded
Rates as of Oct 13, 2026 ET. Rates subject to change.
As Low As; Construction & Lot Loan Rates; Rates are the lowest offered and based on approved credit; Adjustable APRs may increase or decrease after loan consummation, max APR 18%
Rates as of Oct 13, 2026 ET. Rates subject to change.
No additional details available.
- Oct 14, 20267.18%▲ from 6.80%
- Sep 14, 20266.80%first recorded
No additional details available.
- Oct 9, 20267.23%▼ from 7.24%
- Sep 29, 20267.24%first recorded
Section: Government; P&I per $100,000: $682.18
No additional details available.
- Oct 9, 20267.40%▲ from 7.27%
- Oct 2, 20267.27%▼ from 7.40%
- Sep 29, 20267.40%first recorded
No additional details available.
- Oct 14, 20267.56%▲ from 6.92%
- Sep 14, 20266.92%first recorded
No additional details available.
- Oct 9, 20267.73%▲ from 7.60%
- Oct 5, 20267.60%▼ from 7.73%
- Oct 2, 20267.73%▲ from 7.60%
- Sep 29, 20267.60%▲ from 7.47%
Banks and Credit Unions: If you need to update your rate data or request removal from MonitorBankRates.com, please contact us here.
Alameda, CA Mortgage Rate Trends
Compare local Alameda, CA mortgage rate quotes against the statewide average
Daily mortgage rate averages tracked across our database of verified mortgage rate quotes, updated every evening.
California 30-year fixed rates rose 0.002 points over the past 7 days to 7.347%.
California 15-year fixed rates rose 0.008 points over the past 7 days to 6.910%.
California Mortgage Rate Forecast, Next 12 Months
Where are California mortgage rates headed through October 2027?
Based on Fed funds rate futures, 10-year Treasury path, and historical mortgage spread model. Not financial advice.
What Forecast Rates Mean for Alameda, CA Home Buyers
Monthly principal & interest payment on Alameda, CA median home of $1,235,700 (20% down, 30-year fixed, city-level Census ACS median)
| Scenario | Rate | Mo. Payment | vs. Today | % of Income |
|---|---|---|---|---|
| Today (CA avg) | 7.347% | $6,809 | 59.3% | |
| 6-Month Forecast | 7.347% (7.00, 7.65%) | $6,809 | +$0/mo | 59.3% |
| 12-Month Forecast | 7.597% (7.25, 7.90%) | $6,978 | +$169/mo | 60.8% |
Income column = annual mortgage payment as % of Alameda, CA median household income ($137,697). Above 30% is generally considered cost-burdened.
MonitorBankRates Housing Affordability Index (MBR-HAI)
A daily-updated affordability score for Alameda, California , computed from local Census Bureau data combined with current California mortgage rates.
What This Score Means for Alameda, California Home Buyers
With a score of 69.0, Alameda, California is 28.1 points less affordable than the national average of 97.1. The area’s median home value of $1,235,700 against a median household income of $137,697 produces a price-to-income ratio of 9x , well above the national norm, meaning buyers here need to stretch further relative to their income. At the current California mortgage rate of 7.347%, a buyer purchasing the median-priced home with 20% down would carry a monthly payment of approximately $6,809 in principal and interest.
Beyond the mortgage payment, the median total monthly owner cost in this area is $3,011, covering mortgage, property taxes, insurance, and utilities. These ongoing costs factor directly into the MBR-HAI alongside the mortgage rate and income data.
Score computed from local U.S. Census Bureau ACS 5-Year Estimates (2024) and CPS/HVS Q4 2025 data, combined with the current California live mortgage rate. Score of 100 = national average at 6.5% reference rate. Full methodology
How Mortgage Rates Impact Home Affordability in Alameda, California
Alameda, California Housing Market Overview
According to the U.S. Census Bureau, the median owner-occupied home value in Alameda, California is approximately $1,235,700. The 2026 FHFA conforming loan limit for this area is $832,750, meaning most buyers financing at 80% LTV will exceed the conforming ceiling and enter jumbo loan territory, which typically requires stronger credit and larger reserves.
Alameda, California Homeownership Rate
With a homeownership rate of 55.3%, significantly below the national average of 65.7%, Alameda, California has a large pool of potential buyers actively competing for available properties. The homeowner vacancy rate of 1.3% signals a tight market with limited available inventory, making it critical to secure the best possible rate quickly when a suitable property becomes available.
Monthly Payment Estimates for Alameda, California Buyers
Even a small difference in your interest rate can add up to tens of thousands of dollars over the life of a loan. The table below shows monthly principal and interest payments on a $990,000 mortgage, based on a 20% down payment on the Alameda, California median home value.
| Interest Rate | Loan Term | Monthly Payment | Total Interest Paid |
|---|---|---|---|
| 6.847% | 30-year fixed | $6,485 | $1,344,630 |
| 7.347% Current Avg | 30-year fixed | $6,819 | $1,464,769 |
| 7.847% | 30-year fixed | $7,159 | $1,587,224 |
| 6.910% | 15-year fixed | $8,849 | $602,759 |
A 0.500% rate increase on a $990,000 loan adds roughly $340 per month and over $122,455 in total interest over a 30-year term. That’s why comparing verified, current rates from multiple lenders, using the rate table above, is one of the most impactful financial decisions a Alameda, California buyer can make.
Data sources: U.S. Census Bureau; Federal Housing Finance Agency (FHFA). Monthly payments shown are principal & interest only; taxes, insurance, and PMI not included.
Alameda, California Income & Housing Affordability
At a price-to-income ratio of 9x, Alameda, California is a high-cost housing market where the ratio of home prices to local incomes is well above the national norm. That ratio, median home value divided by median household income, is a standard benchmark used by housing economists to gauge how accessible homeownership is relative to local earnings. The national baseline is approximately 3.8x.
What This Means for Alameda, California Buyers
With a median household income of $137,697 per year in Alameda, California ($11,475/month) and a median home value of approximately $1,235,700, a buyer financing at 80% LTV at the current average rate would commit roughly 59.4% of gross monthly income to principal and interest alone. That exceeds the 43% debt-to-income ceiling most conventional lenders use as their maximum qualification threshold, meaning many buyers must bring a larger down payment, add a co-borrower, or target lower price points to qualify.
Compared to the California statewide price-to-income ratio of 7.4x, Alameda is notably less affordable relative to local incomes than the state average; buyers here face steeper hurdles to homeownership even compared to other California markets. In either case, even a 0.25% improvement in your mortgage rate meaningfully reduces both the income needed to qualify and the total cost over the loan term.
Data sources: U.S. Census Bureau. Monthly payment estimate assumes 80% LTV at current average rate; principal and interest only.
Full Cost of Homeownership in Alameda, California
A mortgage payment is just the starting point. Property taxes, insurance, and utilities add hundreds of dollars per month to the true cost of owning a home in Alameda, California. Understanding the full picture before you buy is the difference between a home you can afford and one that stretches you thin.
Owner vs. Renter Costs
In Alameda, California, the median homeowner with a mortgage pays approximately $3,011/month in total housing costs, covering the mortgage payment, property taxes, insurance, and utilities. The median renter pays $2,474/month including utilities. That $537/month gap between owning and renting reflects both the premium for ownership and the reality that mortgaged homeowners are building equity with each payment while renters are not.
Housing Cost Burden
The federal standard defines “cost burdened” as spending more than 30% of gross household income on housing. “Severely cost burdened” means spending 50% or more. Both thresholds leave little room for savings, emergencies, or other financial goals.
In Alameda, California, 33.7% of homeowners with mortgages are cost burdened and 43% of renters are cost burdened. Cost burden affects both groups at similar rates, reflecting a housing market where affordability pressures are broadly felt regardless of tenure. With an owner burden rate of 33.7% near the national average of 28.0%, this market reflects typical affordability conditions for mortgage holders.
Data sources: U.S. Census Bureau, American Community Survey 5-Year Estimates. Monthly owner costs include mortgage payment, taxes, insurance, and utilities. Property taxes reflect median annual taxes for mortgage holders. Rent reflects median gross rent including utilities. Cost burden figures reflect households spending 30%+ of gross income on housing.
Alameda, California Mortgage Payment Calculator
See your estimated monthly principal & interest payment at today’s Alameda, California rates. The home price is prefilled with the local median home value. Adjust anything, or click a current rate on the right to apply that loan type’s rate and term instantly.
Principal & interest only, excludes property taxes, homeowners insurance, PMI, and HOA dues. See the Full Cost of Homeownership section above for those figures. Estimates are for informational purposes only.
Run the Numbers on Your Alameda, California Home Loan
Rates are only part of the equation. Use these calculators to translate current Alameda, California mortgage rates and home loan rates into real numbers for your specific situation before you request quotes from mortgage lenders.
Enter your loan amount, interest rate, and term length to see your estimated monthly principal and interest payment. Adjust any variable to model different scenarios: a larger down payment, a shorter term, or a rate a quarter-point lower than what you were quoted.
CalculateTell us your gross income, monthly debt obligations, and how much you have for a down payment. We’ll show you the home price range you’re likely to qualify for at current Alameda, California rates, so you can shop with a realistic number in mind rather than discovering your ceiling after you’ve fallen in love with a property.
CalculateIf you already own a home, enter your current rate, remaining loan balance, and the rate you’ve been quoted to refinance. The calculator shows your new monthly payment, how much you’d save each month, and the break-even point, the number of months it takes for your savings to cover the closing costs of refinancing.
CalculateBuying isn’t always the better financial decision, and renting isn’t always throwing money away. This calculator weighs the full cost of each path: mortgage payments, taxes, insurance, and maintenance against rent increases and the opportunity cost of a down payment, to show which option builds more wealth over your intended time horizon in Alameda, California.
CalculateTypes of Mortgages Available in Alameda, California
Not every loan program is right for every buyer in Alameda, California. Rates, down payment requirements, eligibility rules, and long-term costs vary significantly across products, and the right choice depends on your credit profile, how long you plan to stay, and whether you qualify for any government-backed programs.
Fixed-Rate Mortgage
A fixed-rate mortgage locks your interest rate in for the entire loan term. Your principal and interest payment on day one is identical to payment 360. That predictability is valuable for long-term financial planning, especially in markets where housing costs represent a large share of household income.
Available in 10-, 15-, 20-, and 30-year terms. The 30-year minimizes monthly payments; the 15-year cuts total interest paid dramatically but requires a higher monthly commitment. The payment comparison table above shows exactly how those trade-offs look at today’s Alameda, California rate levels.
Adjustable-Rate Mortgage (ARM)
An ARM offers a fixed introductory rate for an initial period, commonly 5, 7, or 10 years, after which the rate adjusts periodically based on a market index. The starting rate is typically lower than a comparable fixed-rate loan, which reduces your monthly payment during the initial window.
ARMs work best when you have a defined exit timeline: if you plan to sell or refinance before the fixed period ends, you capture the lower rate without exposure to future adjustments. Rate caps govern how much the rate can move at each adjustment and in total, so read those terms closely before committing.
FHA Loan
Backed by the Federal Housing Administration, FHA loans are built for buyers who don’t yet meet conventional loan standards. You can qualify with a credit score of 580 and just 3.5% down, and some lenders will consider scores as low as 500 with a 10% down payment.
The cost of that lower barrier is mortgage insurance. FHA loans carry an upfront MIP of 1.75% of the loan amount (which can be rolled in) plus an annual MIP of 0.15% to 0.75% depending on your term and LTV. For buyers who would otherwise wait years to save a larger down payment, given ongoing home price trends in Alameda, California, FHA is often the faster path to ownership.
VA Loan
Available to eligible active-duty service members, veterans, reservists, National Guard members, and qualifying surviving spouses, VA loans are among the most favorable mortgage programs available anywhere. No down payment is required, there is no monthly mortgage insurance, and rates are generally competitive with, and often better than, conventional loan rates.
A one-time funding fee applies, 2.15% of the loan for first-time VA borrowers with no down payment, which can be financed into the loan. In Alameda, California, where home prices require substantial savings for a conventional down payment, the zero-down VA benefit is an enormous advantage for those who qualify.
Jumbo Loan
The 2026 FHFA conforming loan limit for Alameda, California is $832,750. Mortgages above that amount are classified as jumbo loans and are not eligible for purchase by Fannie Mae or Freddie Mac, which means lenders carry the full risk and price that risk accordingly.
Jumbo underwriting is stricter: lenders typically require a credit score of 700 or higher, substantial cash reserves, thorough income documentation, and a down payment of at least 10 to 20%. Rates may run slightly above conforming levels, though the gap narrows in competitive lending environments. With a median home value of approximately $1,235,700 in Alameda, California, a significant share of buyers in this market will encounter jumbo territory even with a standard 20% down payment.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Alameda, California mortgage rate tables are free for consumers to use, and we do not receive payment from any lender to be included or to be ranked in any particular order. Listings are based solely on the rates each lender publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Mortgage Rate Data: We aggregate mortgage and refinance rates for Alameda, California directly from the official websites of local lenders, credit unions, and national mortgage originators using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every rate displayed is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available home loan products in Alameda, California. We feature a comprehensive mix of licensed NMLS financial institutions, from neighborhood credit unions and competitive regional banks to large national originators available to borrowers in CA.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update mortgage rates daily. Because rates and APRs can fluctuate rapidly based on bond markets and economic conditions, every loan product features its own “last updated” date for full transparency.
Proprietary Lender Health & Safety Grades: Beyond tracking rates, MonitorBankRates evaluates the financial stability of every listed institution. Our Health Grades (A+ to F) and Star Ratings are composite metrics calculated using objective regulatory data, including the Texas Ratio, ensuring you compare rates from secure, reliable lenders.
How a Mortgage Works in Alameda, California
A mortgage is a loan used to buy a home in Alameda, California, secured by the property itself as collateral. The borrower repays the amount over a set term, most commonly 30 or 15 years, in monthly installments that cover both principal and interest. Because the loan is secured, the lender can foreclose on the home if payments are not made, which is part of why mortgage rates are lower than rates on unsecured debt.
Fixed-Rate vs. Adjustable-Rate Mortgages for Alameda, California Buyers
A fixed-rate mortgage keeps the same interest rate for the entire term, so a Alameda, California homeowner’s principal-and-interest payment never changes. For example, 1st United Credit Union is listing a Primary Residence - 30 Year Fixed at 7.375%. An adjustable-rate mortgage (ARM) starts with a fixed period, often five, seven, or ten years, and then adjusts periodically based on a market index. ARMs usually open with a lower rate, but the payment can rise once the fixed period ends, so they tend to suit Alameda, California borrowers who expect to move or refinance before that point. On the adjustable-rate side, Actors Federal Credit Union is listing a Adjustable Rate Mortgages (ARMs) - 5/1 ARM at 4.50%.
How Alameda, California Mortgage Rates Are Set
Mortgage rates move with the broader bond market, particularly the yield on the 10-year Treasury, plus a spread that reflects lender costs and risk. On top of that national baseline, the rate a California borrower is offered depends on individual factors: credit score, down payment size, loan amount, loan type, and the property itself. This is why the advertised rates above are a starting point, and a borrower’s final rate is set once an application is underwritten.
Points and Closing Costs in Alameda, California
The interest rate is not the only cost of buying a home in Alameda, California. Discount points are an optional upfront fee (one point equals one percent of the loan amount) paid to lower the rate over the life of the loan. Closing costs cover items such as origination fees, appraisal, title insurance, and recording, and typically run two to five percent of the loan. Comparing the annual percentage rate (APR) alongside the note rate helps Alameda, California shoppers account for these costs when weighing lenders.
When Alameda, California Homeowners Should Consider Refinancing
Refinancing replaces an existing mortgage with a new one, usually to secure a lower rate, change the term, or tap home equity. For Alameda, California homeowners, the general guideline is that refinancing makes sense when the savings from a lower rate recoup the closing costs within the time the borrower plans to stay in the home, known as the break-even point. Borrowers also refinance to switch from an adjustable rate to a fixed rate, or to remove mortgage insurance once enough equity has built up. Current Alameda, California refinance rates from local lenders are listed on our refinance page.
Frequently Asked Questions about Mortgage Rates in Alameda, California
What are home loan rates in Alameda, CA today?
How does my credit score affect my rate in California?
What is a 30-Year Fixed Mortgage?
What are closing costs in California?
Should I lock my mortgage rate?
What is an Adjustable-Rate Mortgage (ARM)?
What is a Jumbo Loan in Alameda, California?
Do I need 20% down to buy a house in California?
What is the difference between Interest Rate and APR?
How do I compare mortgage lenders in Alameda, California?
How do I get mortgage quotes in Alameda, California?
What is the median home value in Alameda, California?
What is the homeownership rate in Alameda, California?
What is the conforming loan limit in Alameda, California?
What is the median monthly cost of homeownership in Alameda, California?
What is the median rent in Alameda, California?
What percentage of homeowners are cost burdened in Alameda, California?
What percentage of renters are cost burdened in Alameda, California?
What are the best Mortgage rates in Alameda, California?
- 1st United Credit Union: 7.375% (Primary Residence - 30 Year Fixed)
- Educational Employees Credit Union: 5.75% (30 Year Fixed Rate - Primary Residence)
- Safe 1 Credit Union: 6.00% (Home Loans - 30-Year Fixed Rate)
- Partners Federal Credit Union: 6.482% (30 Yr Fixed)
- Certified Federal Credit Union: 6.50% (Fixed-Rate Mortgages - 30-Year Fixed)
Alameda, California Rates & Resources
