6.99% Mortgage Rates for Seattle, Washington 98118 (2024)

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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 Summary of Average Mortgages in Seattle, Washington 98118 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. 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. 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. 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. 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. News on Mortgages and Reverse Mortgages for Seattle, Washington 98118 Mortgage Rates around Seattle, Washington 98118

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.

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Summary of Average Mortgages in Seattle, Washington 98118

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

6.99% Mortgage Rates for Seattle, Washington 98118 (13) 6.99% Mortgage Rates for Seattle, Washington 98118 (14)

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Interactive Mortgage Rate Projections for Seattle, Washington 98118
  • Interest Rates by Bank
  • Interest Rates by Loan Type
  • Popularity by Bank
  • Popularity by Loan Type

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%

Source: Financial Report of the US Government

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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Mortgage Rates around Seattle, Washington 98118

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6.99% Mortgage Rates for Seattle, Washington 98118 (2024)
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