Rates and prices together decide the monthly payment. Here is what the current national average rate works out to for a typical home in San Clemente, using public data and plain arithmetic.
The starting point
- The average 30-year fixed mortgage rate was 7.03% in the Freddie Mac survey for the week of Sep 24, 2026, compared with 6.95% the week before.
- The typical home value in ZIP 92672 was $1.75M in Aug 2026 (Zillow Home Value Index).
- The typical home value in ZIP 92673 was $1.74M in Aug 2026 (Zillow Home Value Index).
What the payment looks like
| Rate | ZIP 92672 ($1.75M) | ZIP 92673 ($1.74M) |
|---|---|---|
| 6.03% | $8,410 | $8,357 |
| 6.53% | $8,865 | $8,809 |
| 7.03% (current average) | $9,330 | $9,271 |
| 7.53% | $9,805 | $9,743 |
| 8.03% | $10,289 | $10,224 |
The table shows principal and interest only. Taxes, insurance and any HOA dues are extra, and your lender's quote will differ from a national average. Try your own numbers in the payment calculator.
Loan limits
The 2026 conforming loan limit for one-unit homes in Orange County is $1,249,125. Loans above that amount are jumbo loans, which are priced and underwritten a little differently, so it is worth asking your lender about both.
Keep learning
Rudy's full interest rate series explains how Fed decisions, the 10-year Treasury, points and loan types affect rates, all with sources and no predictions. You can also follow the San Clemente market reports each week.
Talk to a lender. Rates, loan programs and approvals come from lenders, not from websites or real estate agents. Talk to your own mortgage broker, or use our preferred lender, Rodrigo Ballon with CrossCountry Mortgage, at 858-735-0255. You are always free to choose any lender you like, and you can verify any lender’s license at nmlsconsumeraccess.org.
Where these numbers come from
- Freddie Mac Primary Mortgage Market Survey for weekly average mortgage rates.
- FRED (St. Louis Fed) for the federal funds target range and the 10-year Treasury yield.
- Federal Reserve FOMC calendar for meeting dates and statements.
- Investing.com Fed Rate Monitor, which shows market expectations for upcoming meetings based on federal funds futures, and its Fed Interest Rate Decision calendar.
Data as of Sep 24, 2026. These pages describe the past and the present and make no predictions. Investing.com and the other sources are independent of Rudy Flores and Coldwell Banker West.
More on interest rates
- The Fed's Rate Decisions vs. Mortgage Rates: What Is the Difference? — The Federal Reserve sets one short-term rate. Mortgage rates follow a different set of forces. Here is how the two relate, with the recent decisions.
- Fixed Rate, Adjustable Rate and Buydowns: The Basics — How the main loan structures work, and what a temporary or permanent rate buydown means.
General information, not financial advice.