Today's Santa Fe Mortgage Rates

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

Santa Fe's Local Mortgage Broker

PSD, Ltd. helps homebuyers, move-up buyers, and investors in Santa Fe 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 Santa Fe and all of New Mexico

Because PSD, Ltd. is a mortgage broker, we can shop several lenders for your Santa Fe 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 Santa Fe mortgage rates and closing cost options.

Santa Fe Mortgage Rates Today

Mortgage rates in Santa Fe 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 Santa Fe 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.

Santa Fe Refinance Rates

Refinancing in Santa Fe 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 Santa Fe

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 Santa Fe 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 Santa Fe Mortgage Rates

Not every borrower in Santa Fe 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.

Santa Fe 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 Santa Fe and can tell you which program works best for the property you are buying.

Find the Best Santa Fe Mortgage Rates with PSd, Ltd.

By late 2025, Santa Fe's typical single family pricing was near $580,000, condo and townhome sales were often in the $340,000 to $390,000 range, and closed sales in South Capitol and the Eastside were still clearing above $600,000. At these levels, rate, loan size, and mortgage insurance choices affect the payment more than in lower priced New Mexico markets.
Santa Fe NM adobe style home values

Santa Fe Home Prices

Most resale homes inside the city were closing between $525,000 and $650,000 in fall 2025. Newer product and view lots above town were higher. Condo product closer in was generally below $400,000 which can keep the loan inside standard conventional limits. PSd, Ltd. can match the loan size to the segment you are buying in.

Santa Fe NM neighborhoods and buyers

Who's Buying in Santa Fe?

Recent buyers were active in South Capitol, the Historic Eastside, Las Campanas, and newer west side areas. Sales over $700,000 were common in Eastside and view locations which can trigger jumbo or near jumbo financing. Buyers using VA, FHA, or 5 percent down conventional were more common on properties under $500,000.

Santa Fe NM mortgage rate trends

Santa Fe Mortgage Rate Picture

In early November 2025, Santa Fe 30 year fixed purchase quotes were typically in the 6.15% to 6.45% range for strong files. Fifteen year fixed loans were often 0.50% to 0.75% lower. FHA was sometimes a better fit on homes under $450,000. Loans pushing past standard conventional limits priced in jumbo tiers. PSd, Ltd. can show the current Santa Fe rate stack for conventional, FHA, VA, and jumbo the same day.

Why Choose PSd, Ltd. for Santa Fe Mortgage Rates?

Santa Fe 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 Santa Fe primary and second homes
  • FHA loans for first-time buyers who want a lower down payment
  • VA loans for eligible veterans in Santa Fe 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 Santa Fe 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