San Mateo, California Mortgage Rates

San Mateo, California Mortgage Rates:

San Mateo has been named after the Saint Matthew and it is located in San Mateo county, California. San Mateo is not the only City in the region because San Francisco is 20 miles away which gives residents easy access to everything offered by both cities. Because of the relatively short distance, many San Mateo residents work in San Francisco. The city has well over a hundred thousand residents and it has an extensive property market. There are many real estate agencies and local mortgage companies operating in the area.

Mortgage Rates - Conforming Loans

Mortgage Rates - FHA Loans

Mortgage Rates - Jumbo Loans

Family in front of their home

The Early Days:

The Spanish came to the area in 1789 and an existing native village has been renamed by them as Los Laureles which translates as “the laurels”. Mission Dolores was established here during that time and much of the history from that time has been provided by this missionary. In 1827 Captain Frederick W Beechley was exploring in this area close to the Sierra del Sur hills and they came upon this region with fertile meadow land and high-quality oak trees where large herds of cattle and horses were grazing. The area was known as San Mateo and it was the property of the mission of San Francisco.

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Great Weather:

One of the attractions of San Mateo, California is its nice climate which brings dry and warm summers to the region, while the winters are a bit damp and temperatures are mild. A weather station has been operating in San Mateo since 1978 and winter temperatures vary between 41 and 57-degrees while summer temperatures average between 55 and 60 degrees. With a median home price $1,400,00.00, San Mateo has some very expensive homes. No doubt that low mortgage rates and a strong job market helped push home values this high.

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Downtown Attractions:

The downtown area of San Mateo are more heavily populated than those to the west. The downtown area of San Mateo is well planned and easy to get around. There are malls, shops and restaurants and the San Francisco airport is short drive north. San Mateo is also known for its central park which has excellent amenities such as a recreational center, a Japanese tea garden, a miniature train, tennis courts, a baseball field, a playground and a picnic area. There is also the popular Hillsdale shopping center with more than 100 stores inside and surrounded by many more outside the mall. San Mateo will always be an excellent choice both for families and for property investors and this is why properties in San Mateo has to be viewed before a final decision is made.

A+ RatingDon’t forget to connect with Loan Officer Kevin O’Connor on Twitter: @Rates01

JB Mortgage Capital, Inc.:

If you live in San Mateo, California and are looking for a mortgage rate quote please be sure to contact us directly at 1-800-550-5538. We are a top rated company with the Better Business Bureau, Business Consumers Alliance and offer industry low mortgage rates. We cover all of San Mateo and provide top notch customer service to each and every client. We have both fixed rate mortgages and adjustable rate mortgages along with low down payment options and mortgages for people with less than perfect credit. Contact us today for a no cost – no obligation quote!