Today's Rio Rancho Mortgage Rates

Mortgage rates as of 11/5/2025 from PSD, Ltd.

Rio Rancho's Local Mortgage Broker

PSD, Ltd. helps homebuyers, move-up buyers, and investors in Rio Rancho compare mortgage programs and secure better rates than a single bank can offer.
Vancellen Sturgeon, PSD, Ltd.

Vancellen Sturgeon NMLS ID 183922

Local help for Rio Rancho and all of New Mexico

Because PSD, Ltd. is a mortgage broker, we can shop several lenders for your Rio Rancho purchase or refinance. That means more loan choices, faster approvals, and better pricing on FHA, VA, conventional, and jumbo mortgages.

Call us at (505) 908-1057 to get today's Rio Rancho mortgage rates and closing cost options.

Rio Rancho Mortgage Rates Today

Mortgage rates in Rio Rancho change with the market so working with a local broker that monitors pricing every day is important. PSD, Ltd. shops your loan with multiple lenders to help you lock the best rate and closing cost combination for your scenario.

Whether you are buying in Rio Rancho for the first time or moving up, we can structure fixed-rate, ARM, or government-backed loans and walk you through underwriting from start to finish.

Rio Rancho Refinance Rates

Refinancing in Rio Rancho can lower your monthly payment, shorten your term, or let you tap equity for improvements to your Santa Fe style home. PSD, Ltd. will compare lender refi options and show you which one provides the best savings.

Because PSD, Ltd. is a mortgage broker, we match your loan with the lender offering the best rate and term for your credit, property type, and equity position. You are not limited to one bank's pricing.

  • Shop several lenders at once
  • Choose the rate/closing cost combo that fits
Santa Fe NM home refinance with PSD, Ltd.

Mortgage Programs Available in Rio Rancho

PSD, Ltd. can quote several loan types at once so you can compare payment, rate, and upfront cost.
30-Year Fixed

The most popular option in Rio Rancho for long-term payment stability and easier qualifying.

15-Year Fixed

Pay the home off faster and save on interest. Great for buyers with strong income.

FHA Loans

Lower down payment and flexible guidelines for first-time or returning buyers.

VA Loans

For eligible veterans and service members in New Mexico — often with no down payment.

What Affects Rio Rancho Mortgage Rates

Not every borrower in Rio Rancho sees the same rate. PSD, Ltd. reviews your credit, equity, property type and purpose, then pulls pricing from several lenders to find the one that fits you best.

Credit & income

Higher credit scores and stable income can qualify for lower rates.

Equity / down payment

More equity or a bigger down payment usually reduces risk to the lender.

Property & purpose

Primary homes often price better than second homes or investments.

Rio Rancho FHA and VA Loan Options

FHA loans help buyers with smaller down payments. VA loans are available to eligible veterans and service members. PSD, Ltd. offers both in Rio Rancho and can tell you which program works best for the property you are buying.

Find the Best Rio Rancho Mortgage Rates with PSd, Ltd.

By mid to late 2025, Rio Rancho was showing an average home price in the low $400,000s on local MLS summaries, with national portals reporting median list closer to $420,000 and median sold closer to $365,000. That puts Rio Rancho above Las Cruces but under Santa Fe on pricing.
Rio Rancho NM home prices

Rio Rancho Home Prices

Local 2025 market data showed an average around $418,000 and a 12 month average near $405,000. Realtor reported a $420,000 median list, while Redfin had median sold around $365,000. ZIP 87124 was listing just under $400,000. :contentReference[oaicite:0]{index=0}

Rio Rancho NM neighborhoods and buyers

Who's Buying in Rio Rancho?

2025 buyers were active in Cabezon, Enchanted Hills, Northern Meadows, Loma Colorado, High Resort, and Mariposa. Those areas support a wide band of prices, from mid $300,000s starter product to $500,000+ newer homes near services and ABQ access. :contentReference[oaicite:1]{index=1}

Rio Rancho NM mortgage rate trends

Rio Rancho Mortgage Rate Picture

On Nov. 5, 2025, New Mexico lenders were publishing 30 year fixed near 5.99% to 6.38%, with 15 year fixed mostly 5.4% to 5.8%. Credit unions inside the state were also showing 30 year fixed at 5.99% with a 1% fee. At current Rio Rancho price levels, most purchases stay conforming which lets PSd, Ltd. line up the best-priced 30 year, 15 year, and ARM options. :contentReference[oaicite:2]{index=2}

Why Choose PSd, Ltd. for Rio Rancho Mortgage Rates?

Rio Rancho buyers need a lender that understands local price points, second-home buyers, and self-employed borrowers. Here is how PSd, Ltd. helps:
  • Competitive mortgage rates for Rio Rancho primary and second homes
  • FHA loans for first-time buyers who want a lower down payment
  • VA loans for eligible veterans in Rio Rancho and northern New Mexico
  • Refinancing options to lower your payment or pull cash out
  • Jumbo loans for high-priced homes in historic and luxury areas
  • Local lender matching, so you get the best rate and term for your profile
PSd, Ltd. knows the Rio Rancho market and will match you with the loan program that fits your property, price point, and long-term plan.

Our Reviews

PSd, Ltd. Serves Homeowners Across New Mexico

PSd, Ltd. provides rate shopping and mortgage options throughout New Mexico and Colorado. Below are six of the primary markets we serve, but we're not limited to these locations:

AlbuquerqueLas CrucesRio RanchoSanta FeRoswellFarmington