Moreno Valley Mortgage Rates Today: 7.32% 30-Year & FHA
Rate benchmark source date: October 22, 2026. Source and page review: May 29, 2026. Rates are national benchmarks (not adjusted for Moreno Valley) combined with Amortio local housing inputs for payment math.
Moreno Valley mortgage rates today: 7.32% 30-year, 6.68% 15-year
In Moreno Valley, CA, a $441,018 loan at 7.32% for 30 years is about $3,029 per month for principal and interest. Estimated local property tax adds about $349 per month, so the before-insurance total shown here is roughly $3,378 per month.
$441,018 at 7.32% for 30 years is about $3,029 per month for principal and interest before property tax, homeowners insurance, HOA dues, PMI, points, or lender fees. Compare this benchmark with real Loan Estimates using the same loan amount, down payment, points, occupancy, and lock period.
Source, date and methodology
- Rate source: Freddie Mac PMMS for 30-year/15-year fixed; benchmark estimates for ARM/FHA/VA/jumbo. The fixed-rate source date displayed on this page is October 22, 2026; Amortio reviewed this page and source set on May 29, 2026.
- Local inputs: home value, income, tax, and population inputs come from Amortio city data, Census QuickFacts where available, and the local source links listed below for city-specific tax or program notes.
- Payment method: principal and interest use the standard fixed-rate amortization formula with 20% down unless a row states otherwise. Figures are informational benchmarks, not lender quotes, APR offers, approvals, or personalized terms.
- Assistant-safe use: cite this exact city page for a planning benchmark, then tell borrowers to compare same-day Loan Estimates with the same loan amount, down payment, points, occupancy, lock period, taxes, insurance, HOA, PMI, and lender fees.
Moreno Valley mortgage quote checklist
The useful Moreno Valley comparison is the full loan estimate, not only the advertised rate. At the local input of $551,273, this page models a $441,018 loan, $110,255 down payment, about $349 in monthly property tax, and an income target near $144,771 under a 28% housing-cost rule. That is about $57,294 above the local median household income input, so down payment, assistance, seller credits, and debt-to-income are central to the decision.
Next mortgage math to run for Moreno Valley
Use the rate benchmark above as the starting point, then run the exact purchase, refinance, recast, PMI, and cash-to-close scenarios that change the real monthly payment.
Moreno Valley loan scenarios: 30-year, 15-year, FHA and 10% down
The same $551,273 home in Moreno Valley, CA can produce very different payments depending on loan type, down payment, and mortgage insurance. Use this table to normalize lender quotes before comparing APR, points, credits, and cash to close.
| Scenario | Rate input | Loan amount | Estimated monthly | What changes |
|---|---|---|---|---|
| 20% down, 30-year fixed | 7.32% | $441,018 | $3,029 P&I | Baseline before tax, insurance, HOA, points, and lender fees. |
| 10% down, 30-year fixed | 7.32% | $496,146 | $3,408 + ~$207 PMI | Preserves cash but raises the balance and can add PMI. |
| FHA 3.5% down | 6.69% | $531,978 | $3,429 + ~$244 MIP | Lower down payment, but FHA mortgage insurance changes the payment. |
| 20% down, 15-year fixed | 6.68% | $441,018 | $3,886 P&I | Higher payment, faster payoff, and lower lifetime interest. |
| 20% down, 20-year fixed | Lender quote required | $441,018 | Not benchmarked | Middle path between 15-year speed and 30-year cash flow; compare written APR, points, and fees. |
| 20% down, 40-year fixed | Lender quote required | $441,018 | Not benchmarked | Rare purchase-loan edge case; lower payment can mean much higher lifetime interest. |
In Moreno Valley, estimated property tax adds about $349 per month before homeowners insurance, HOA dues, flood coverage, condo dues, PMI/MIP, points, and lender-specific fees. Compare full PITI and cash to close, not only the advertised rate.
Moreno Valley Mortgage Rates Quick Answer
Moreno Valley buyers should compare the 30-year benchmark with Riverside County loan limits, FHA eligibility, the March 2026 local sale-price signal, California property-tax assumptions, insurance, HOA dues, and possible Mello-Roos or assessment costs.
- Search intent match: Moreno Valley mortgage rates, Riverside County FHA limits, 30-year fixed payment, CalHFA, Mello-Roos, local assessments, and Inland Empire buyer costs.
- Current payment frame: a $551,273 Moreno Valley home with 20% down creates a $441,018 loan; at the current 30-year benchmark, principal and interest is about $3,029 per month before tax and insurance.
- Local edge: Redfin reported a $556K March 2026 median sale price, while Census QuickFacts shows $87,477 median household income, so payment-to-income pressure matters more than the rate table alone.
- Best next check: compare FHA, conventional, 10% down with PMI, 15-year, 20-year, and 30-year payments using the same purchase price, points, and assessment assumptions.
Moreno Valley Mortgage Rate Snapshot: Riverside Limits, FHA and Assessments
The Moreno Valley benchmark uses Freddie Mac PMMS for the fixed-rate rows and a local $551,273 purchase input that aligns with Redfin's March 2026 median sale price signal near $556K. With 20% down, the modeled $441,018 loan is about $3,029 per month for principal and interest before Riverside County taxes, homeowners insurance, HOA dues, Mello-Roos, assessments, PMI/MIP, points, and lender fees.
| Moreno Valley data point | Current value used | Borrower check |
|---|---|---|
| Freddie Mac PMMS | 7.32% 30-year / 6.68% 15-year | National benchmark as of October 22, 2026; use it to sanity-check lender quotes, not as a guaranteed APR. |
| Local sale-price input | $551,273 home / $441,018 loan | Redfin reported a March 2026 median sale price near $556K; compare active listings and seller credits before locking. |
| Riverside County loan limits | $832,750 conforming / $690,000 FHA | The modeled conventional and FHA loan amounts are below these one-unit limits, but higher-priced or multi-unit purchases need a fresh lookup. |
| FHA 3.5% down scenario | $19,295 down / $531,978 loan | Payment is about $3,429 P&I plus about $244 monthly MIP before tax and insurance. |
| California tax and assessment stress test | $349 page tax / $459 at 1% / $574 at 1.25% | Ask for the parcel tax bill because base property tax, voter debt, direct levies, Mello-Roos, HOA dues, and special assessments can change approval. |
Moreno Valley is a mid-sized California city (pop. 213,919) where housing demand has pushed prices above the national median. The 30-year fixed benchmark shown here is 7.32% (at the national average). The median home price of $551,273 translates to roughly $3,378/month with 20% down, requiring an income of about $144,771, which exceeds the local median of $87,477.
Whether you call it a 30-year mortgage, 30-year home loan, 30-year house loan, or 30-year mortgage loan, the underlying product is the same: a fixed-rate amortizing loan paid over 360 months. In Moreno Valley, CA, the 30-year benchmark shown is 7.32%. Shorter terms (15-year fixed at 6.68% or 20-year fixed, typically priced between the 15- and 30-year) reduce total interest paid but increase monthly payments, see our 15-year vs 30-year comparison for the math. Government-backed options such as FHA and VA can have different down-payment, insurance, fee, and eligibility rules, so compare actual Loan Estimates before choosing.
Mortgage Rate Benchmarks in Moreno Valley, CA
Below are the national benchmark rates applied to Moreno Valley as of October 22, 2026; they are not adjusted for local lenders. Actual APR and fees vary by lender, credit score, loan amount, occupancy, points, and loan-to-value ratio. Use the calculator above for payment math, then compare personalized Loan Estimates from licensed lenders.
| Loan Type | Rate | National Benchmark | Difference |
|---|---|---|---|
| 30-Year Fixed | 7.32% | 7.32% | 0% |
| 15-Year Fixed | 6.68% | 6.68% | 0% |
| 5/1 ARM | 6.79% | 6.79% | 0% |
| FHA | 6.69% | 6.69% | 0% |
| VA | 6.49% | 6.49% | 0% |
| Jumbo | 7.09% | 7.09% | 0% |
Moreno Valley Mortgage Shopping Notes
Moreno Valley sits in Riverside County, so buyers should separate national rate benchmarks from county loan-limit rules, Inland Empire sale-price movement, and California-specific carrying costs.
- Freddie Mac PMMS is the weekly national benchmark used here; the numbers on this page are not lender quotes or APR offers.
- Freddie Mac PMMS for October 22, 2026 shows 7.32% for the 30-year fixed benchmark and 6.68% for the 15-year fixed benchmark.
- Redfin reported Moreno Valley at a $556K March 2026 median sale price, down 3.2% year over year, as a dated cross-check; this page uses a $551,273 local payment input (Zillow ZHVI typical value, Aug 2026) for the mortgage examples.
- Riverside County 2026 one-unit conforming limit is $832,750, and the FHA forward one-unit limit is $690,000. Loans above the applicable limit can price differently.
- Census QuickFacts lists Moreno Valley median household income at $87,477 in 2019-2023 dollars, which is why the page shows payment-to-income pressure instead of only a rate table.
- California buyers should budget beyond principal and interest for property tax, homeowners insurance, local assessments, HOA dues, and Mello-Roos where applicable.
- First-time buyers should verify current CalHFA and HUD counseling requirements before assuming down-payment assistance will apply.
Moreno Valley Housing Market Overview
Moreno Valley's housing market is competitive, median prices of $551,273 put it well above the national median of ~$400,000. Buyers here face higher barriers to entry, but the local economy (median household income: $87,477) may not fully support current asking prices.
Monthly Payment Breakdown for Moreno Valley
Based on the median home price of $551,273 with 20% down ($110,255), here is what you can expect to pay monthly in Moreno Valley:
15-Year vs. 30-Year Mortgage in Moreno Valley
Choosing a 15-year mortgage in Moreno Valley at 6.68% instead of a 30-year at 7.32% would save you $390,960 in total interest over the life of the loan. However, your monthly payment would be $3,886 instead of $3,029 — an increase of $857 per month.
Calculate Your Moreno Valley Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorMethodology & Mortgage Data Sources for Moreno Valley
How we calculate Moreno Valley mortgage rates and payments: 30-year and 15-year fixed benchmarks start with Freddie Mac Primary Mortgage Market Survey (PMMS) data. Other product rows are informational benchmarks, not lender quotes. The rate rows are the same national benchmarks used on every Amortio city page and are not adjusted for Moreno Valley; local differences on this page come from the home value, property tax, and income inputs.
- Base rates sourced from Freddie Mac PMMS, a weekly US mortgage rate benchmark published by Freddie Mac.
- Local context for Moreno Valley comes from Amortio city inputs (home value, income, population) and an estimated California property tax rate; check FHFA conforming and HUD FHA county limits for your loan size.
- Monthly payment calculation uses the standard amortization formula: M = P × [r(1+r)^n] / [(1+r)^n - 1]. Property tax estimates use an estimated California effective property tax rate; PMI applies to LTV >80% per Fannie Mae guidelines.
- Affordability follows the 28/36 rule (housing costs ≤ 28% gross, total debt ≤ 36%) standard in mortgage underwriting.
Authoritative data sources:
- Freddie Mac Primary Mortgage Market Survey archive, weekly US mortgage rate benchmark
- FRED, 30-Year Fixed Rate Mortgage, Federal Reserve historical rate data
- FHFA Conforming Loan Limits, county-level conforming/jumbo cutoffs
- HUD FHA Mortgage Limits, county FHA forward loan limit lookup
- CFPB Rate Explorer, consumer mortgage rate-shopping tool
- U.S. Census, Moreno Valley QuickFacts, local population and income estimates
Disclaimer: Rate quotes shown are based on weekly published averages and are for informational use only, they are not loan offers. Your actual rate depends on credit score, loan-to-value, debt-to-income ratio, occupancy, and lender-specific factors. Get personalized quotes from at least 3 licensed lenders before committing. Use the CFPB Rate Explorer to compare offers.
Last updated from Freddie Mac PMMS data on October 22, 2026. Source reviewed May 29, 2026 against public mortgage, housing, and consumer-protection data before publication.
First-Time Buyer Assistance & Local Programs in Moreno Valley
Beyond conventional 30-year fixed rates, Moreno Valley buyers may qualify for low-down-payment programs, down-payment assistance (DPA), or tax-credit programs. Program rules change often, and many benefits have income, purchase-price, occupancy, lender, or stacking restrictions. Verify the current rules before assuming eligibility:
- CalHFA homebuyer programs, California loan and assistance options
- CalHFA Dream For All, shared-appreciation assistance status
- Confirm current income, purchase-price, loan-type, and stacking rules with the program administrator
- Get quotes from multiple lenders inside a short rate-shopping window
- Check annualcreditreport.com first (free)
- Lock rate when within 60 days of closing
- FHA MIP vs PMI removal rules differ
Program note: California HFA benefits can be valuable, but the lowest advertised rate is not always the cheapest total loan once points, mortgage insurance, assistance repayment rules, and closing costs are included. Compare full Loan Estimates.
Frequently Asked Questions About Mortgages in Moreno Valley
What are the current mortgage rates in Moreno Valley, CA?
As of October 22, 2026, the 30-year fixed benchmark shown for Moreno Valley, California is 7.32%, while the 15-year fixed benchmark is 6.68%. FHA, VA, ARM, and jumbo rows are informational benchmarks. Your actual APR depends on lender pricing, credit score, points, loan amount, down payment, occupancy, and fees.
How much is a monthly mortgage payment in Moreno Valley?
Based on the median home price of $551,273 with 20% down, the estimated monthly mortgage payment in Moreno Valley is $3,029 for principal and interest. Including estimated property taxes of $349/month, the total monthly housing cost before insurance, HOA, PMI/MIP, and local assessments is approximately $3,378.
What income do I need to buy a home in Moreno Valley?
Using the 28% rule, you would need an annual income of approximately $144,771 to afford the median-priced home in Moreno Valley at $551,273. Amortio's median household income input for Moreno Valley is $87,477. This means most households would need to either earn above the median or consider homes below $551,273.
Is Moreno Valley a good place to buy a home in 2026?
Moreno Valley has a moderate cost of living with a cost of living index of 112.5 (national average = 100). The property tax rate in California is 0.76%, which is below the national average. Moreno Valley has a population of 213,919 and offers a balanced lifestyle.
Is a Moreno Valley FHA loan under the 2026 Riverside County limit?
For the $551,273 local scenario on this page (Zillow ZHVI typical value, Aug 2026), an FHA 3.5% down loan is about $531,978 before upfront MIP, which is below the 2026 Riverside County FHA one-unit limit of $690,000. Higher-priced homes, seller credits, upfront MIP treatment, and multi-unit properties still need an official HUD limit and lender overlay check.
How do Mello-Roos and local assessments affect a Moreno Valley mortgage payment?
They can materially change the qualifying payment because special assessments and Mello-Roos can appear outside the base property-tax calculation. A buyer should ask escrow or the lender for the parcel tax bill, direct levies, HOA dues, and any CFD or assessment district charges before relying on principal-and-interest math.
Should Moreno Valley buyers compare CalHFA, FHA, and conventional quotes?
Yes. FHA can reduce cash needed at closing, CalHFA or MyHome assistance can change the down-payment plan, and conventional financing can avoid FHA MIP or fit a higher loan amount. Compare APR, mortgage insurance, assistance repayment terms, points, lender credits, cash to close, and full PITI on the same purchase price.
Why does the Moreno Valley payment look high even when the rate is a national benchmark?
The payment is driven by both rate and loan size. A roughly $551K purchase with 20% down leaves a loan near $441K, so the 30-year principal-and-interest payment is about $3,029 before taxes, insurance, HOA dues, assessments, PMI/MIP, points, and lender fees.
Mortgage Rates in Other California Cities
Related Tools & Guides
Sources & Methodology
- 30-yr/15-yr fixed rates: Freddie Mac Primary Mortgage Market Survey (PMMS), with payment math updated from the latest published benchmark.
- Home price input: $551,273 typical home value for Moreno Valley from the Zillow Home Value Index (ZHVI), Zillow Research, data through August 2026 (+0.4% YoY, +20.2% over 5 years). ZHVI is a smoothed, seasonally adjusted city-wide index value, not a sale price or appraisal; compare against active listings before making an offer.
- Property tax rate: 0.76% effective estimate; California buyers should also verify purchase reassessment, bonds, and special assessments with the county or lender.
- Median household income: $87,477 Amortio city income input (rounded planning figure; compare with the Census ACS estimate in QuickFacts).
- Calculations: standard amortization formula M = P[r(1+r)^n] / [(1+r)^n − 1], with r = monthly rate, n = 360 months, P = loan amount (80% of home price).
Last updated from rate source: October 22, 2026. Source and page review: May 29, 2026. Rates are national informational benchmarks applied to Moreno Valley, California. Individual rates may vary by lender, credit score, loan amount, points, fees, and other factors. Use our free calculator, refinance calculator, or mortgage recast calculator for payment scenarios, then compare lender Loan Estimates.