San Diego Mortgage Rates Report: July 15, 2008

Mortgage rates in San Diego for July 15, 2008.  Loan amounts up to $417,000:

3/1 ARM              5.125%

5/1 ARM              5.250%

7/1 ARM              5.750%

10/1 ARM            5.875%

30 Yr Fixed          6.000%

All rates offered to the borrower with 1 point cost.  Rate quotes assume a purchase transaction with a 20% down payment, 720 credit score, and full income qualification.  Rates are subject to fluctuation.  Custom rate quotes and rate lock advice are available by calling at the number below..

SAN DIEGO MORTGAGE RATE TREND:

Next 7 days:       Slightly Higher 

Next 30 days:      Higher 

Next 3 months:    Higher