What 6% Rates Mean for Buyers & Sellers

George Lorimer

Tuesday, January 13, 2026

San Diego Housing Update: What Lower Rates Mean for Buyers & Sellers

George Lorimer at 619-846-1244

Your Home Sold Guaranteed or I’ll Buy It!*

*conditions apply

Mortgage rates are down compared to last year — and that’s changing what buyers can afford and what sellers can demand. If buying or selling in San Diego is even a maybe in the next few months, here are three things to know right now.

1) 6% vs. 7% is a big deal (monthly payment)

On a typical San Diego purchase, a 6% rate versus 7% can mean roughly $500–$700/month in lower payments. That’s real money — and it affects what buyers can qualify for, and how much competition sellers may see.

2) Some homes still have 2%–3% assumable mortgages

Yes — some VA and FHA loans can be assumable, meaning a qualified buyer may be able to take over a much lower interest rate. These opportunities don’t show up clearly on Zillow/Redfin, and most agents don’t hunt them down. Click here

3) Cash offers: multiple bids beat one “take it or leave it” offer

If you’re selling, here’s the truth: not all cash buyers are the same. Some are lowball flippers. Others are end buyers who will pay closer to market value. My job is to help you compare options with real numbers — so you can choose what actually works for you. See more

Want real numbers (not guesses)?

Get your updated San Diego home value and view cash offers here:

Home Value + Cash Offers

If you might move in the next few months, here’s how I help.

Free buy/sell strategy call (quick, no pressure)
Access to unlisted & off-market homes
Help finding assumable 2%–3% mortgages
Multiple cash offers so you can compare
Clear numbers: net sheet + timing options

Fastest way to get help: text or call me at 619-846-1244. I’ll help you map out the smartest move for your situation.

Call / Text George: 619-846-1244

George Lorimer

Your Home Sold Guaranteed, or I’ll Buy It!*

Text/Call: 619-846-1244

ProWest Properties, DRE# 01146839

*Conditions apply. Disregard if currently listed for sale.

We would like to hear from you! If you have any questions, please do not hesitate to contact us. We are always looking forward to hearing from you! We will do our best to reply to you within 24 hours !