Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Seattle, Washington 98118.
Our search engine thoroughly explores all home mortgage options in Seattle, Washington 98118, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $27,577 in lifetime cash or $77 per month in Seattle and other areas of King county.
30 Year Fixed Mortgage Rates Customized for April 21, 2021
Today's 30 Year Fixed Mortgage Rates
47.541234 -122.275021 40794
Summary of Average Mortgages in Seattle, Washington 98118
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Seattle, Washington 98118
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Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Seattle, WA 98118. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Local Mortgage Rates in Seattle, Washington 98118
Seattle is a seaport city on the West Coast of the United States. It is the seat of King County, Washington. With a 2020 population of 737,015, it is the largest city in both the state of Washington and the Pacific Northwest region of North America. The Seattle metropolitan area's population is 4. Read more
Seattle is a seaport city on the West Coast of the United States. It is the seat of King County, Washington. With a 2020 population of 737,015, it is the largest city in both the state of Washington and the Pacific Northwest region of North America. The Seattle metropolitan area's population is 4.02 million, making it the 15th-largest in the United States. Its growth rate of 21.1% between 2010 and 2020 made it one of country's fastest-growing large cities.Seattle is situated on an isthmus between Puget Sound and Lake Washington. It is the northernmost major city in the United States, located about 100 miles south of the Canadian border. A major gateway for trade with East Asia, Seattle is the fourth-largest port in North America in terms of container handling as of 2021.The Seattle area was inhabited by Native Americans for at least 4,000 years before the first permanent European settlers. Arthur A. Denny and his group of travelers, subsequently known as the Denny Party, arrived from Illinois via Portland, Oregon, on the schooner Exact at Alki Point on November 13, 1851. The settlement was moved to the eastern shore of Elliott Bay in 1852 and named "Seattle" in honor of Native American Chief Si'ahl of the local Duwamish and Suquamish tribes. Seattle currently has high populations of Native Americans alongside Americans with strong Asian, African, European, and Scandinavian ancestry, and hosts the sixth-largest LGBT community in the U.S.Logging was Seattle's first major industry, but by the late 19th century, the city had become a commercial and shipbuilding center as a gateway to Alaska during the Klondike Gold Rush. Growth after World War II was partially due to the local Boeing company, which established Seattle as a center for aircraft manufacturing. The Seattle area developed into a technology center from the 1980s onwards with companies like Microsoft becoming established in the region; Microsoft founder Bill Gates is a Seattleite by birth. Internet retailer Amazon was founded in Seattle in 1994, and major airline Alaska Airlines is based in SeaTac, Washington, serving Seattle's international airport, Seattle–Tacoma International Airport. The stream of new software, biotechnology, and Internet companies led to an economic revival, which increased the city's population by almost 50,000 between 1990 and 2000.
The culture of Seattle is heavily defined by its significant musical history. Between 1918 and 1951, nearly 24 jazz nightclubs existed along Jackson Street, from the current Chinatown/International District to the Central District. The jazz scene nurtured the early careers of Ernestine Anderson, Ray Charles, Quincy Jones, and others. The city is also the origin of rock acts such as Foo Fighters, Heart, and Jimi Hendrix, as well as the grunge subgenre of rock and its pioneering bands Alice in Chains, Pearl Jam, Nirvana, and Soundgarden. Read less
Historical Mortgage Rates in Seattle, Washington 98118 from 2024 - 2016 We have compiled mortgage rates charts for home loans in Seattle, Washington and around King county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed mortgage | 95.88% | 96.91% | 97.20% | 96.17% | 95.48% | 95.41% | 94.83% | 94.33% | 92.09% |
avg mortgage rate | 6.41% | 4.57% | 2.98% | 3.28% | 4.30% | 4.64% | 4.21% | 3.94% | 4.12% |
% 15 year fixed mortgage | 3.31% | 2.66% | 2.33% | 3.18% | 3.57% | 3.83% | 4.55% | 5.01% | 7.13% |
avg mortgage rate | 5.67% | 3.57% | 2.30% | 2.82% | 3.62% | 3.86% | 3.43% | 3.07% | 3.24% |
Avg credit score | 758.65 | 761.48 | 761.81 | 765.55 | 762.59 | 761.22 | 757.23 | 755.82 | 759.23 |
Avg LTV (loan to value) | 78.97% | 79.34% | 80.08% | 80.57% | 79.61% | 77.43% | 78.16% | 79.42% | 79.18% |
Avg DTI (debt to income) | 39.80 | 37.87 | 35.59 | 35.87 | 37.52 | 37.78 | 36.17 | 35.80 | 35.35 |
% First time homebuyer | 56.22% | 55.80% | 55.39% | 53.01% | 50.92% | 45.38% | 43.24% | 41.17% | 40.70% |
Avg mortgage insurance % | 12.52% | 11.47% | 10.91% | 11.38% | 11.10% | 8.60% | 8.76% | 9.78% | 9.31% |
Best Mortgage Brokers around Seattle, Washington 98118 For those searching for a new home in Seattle, we have compiled a list of the top mortgage brokers located in and around Seattle, Washington 98118 to assist you with your search.
Name
Address
Contact
Jona Mortgage
1201 3rd Ave
Seattle WA 98118
(206) 808-5899
Household Finance Corporation
1501 4th Ave
Seattle WA 98118
(206) 624-2075
Kcl
520 Pike St
Seattle WA 98118
(206) 301-9960
Cornerstone Home Lending
600 University St
Seattle WA 98118
(206) 682-4663
http://houseloan.com/
Seattle Mortgage Planners
1916 Pike Pl
Seattle WA 98118
(206) 799-9966
http://www.seattlemortgageplanners.com/
Jona Mortgage
Address
1201 3rd Ave
Seattle WA
Contact
(206) 808-5899
Household Finance Corporation
Address
1501 4th Ave
Seattle WA
Contact
(206) 624-2075
Kcl
Address
520 Pike St
Seattle WA
Contact
(206) 301-9960
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