Normally this report is measured, but it's hard to temper the current situation: we're in an unprecedented government credit explosion. Low rate bonanza. Full tilt refi boom. Best time for homebuyers who select the right deal.

CONFORMING RATES ($200,000 - $417,000) - 0 POINT
30 Year: 4.375% (4.49% APR)
FHA 30 Year: 4.375% (4.50% APR)
5/1 ARM: 3.25% (3.37% APR)

SUPER-CONFORMING RATES ($417,001 to $729,750 cap by county) - 0 POINT
30 Year: 4.625% (4.74% APR)
FHA 30 Year: 4.5% (4.62% APR)
5/1 ARM: 3.5% (3.62% APR)

JUMBO RATES ($729,751 - $2,00,000) - 1 POINT
30 Year: 5.25% (5.37% APR)
5/1 ARM: 4.125% (4.24% APR)

The ironic reason for this boom is that is that global developed economies are so unstable because of the last credit boom. But the late-1990s to 2007 credit boom wasn't just loose monetary and fiscal policies, it was also loose credit standards born out of sweeping financial deregulation. We all know the story: Home loans made to unqualified (mostly U.S.) borrowers underpinned bond funds around the globe and countless derivatives were created from those bonds-and it all crashed when home prices plummeted....

9h (South Beach) is expanded into what was 9f (SOMA) and 9d (Mission Bay)

9G (Yerba Buena), carved out of what was 9f SOMA

9j (Central Waterfront) is renamed to Central Waterfront/Dogpatch

All SF Neighborhood Changes - See full SFAR Map

Boundary Changes: