November 23, 2017

Seattle Home Mortgage Rates May 24, 2010

Seattle Home Mortgage Rates are posted on a weekly basis.  For live updates please request to follow The Mortgage Reel on Twitter.  www.twitter.themortgagereel.com

JUMBO RATES:  Dropped .50% in rate!!!  Can you refinance or buy??

Do you own an investment property and would like to refinance?  Now is the time!

Yes the Fannie Mae and Freddie Mac “Home Affordable Refinance Program” is still available!!  You are able to refinance up to 105%!!  Yes we can assist you with this option!!  You do not have to see your current loan servicer!

Guidelines for each scenario click here

Conforming Mortgage Rates
Scenario Based on Purchase Price of $400,000 with 20% down
1% Loan Fee (1% of the loan amount)
Loan amounts up to $417,000
rate apr
30 Yr Fixed 4.500% 4.629%
15 Yr Fixed 4.125% 4.348%
7/1 ARM  5/2/5 CAPS 3.625% 3.613%
5/1 ARM 5/2/5 CAPS 3.500% 3.539%
3/1 ARM 5/2/5 CAPS 3.375% 3.495%
Super Conforming Scenario
1% Loan Fee (1% of the loan amount)
Loan amounts between $417,001 – $567,500 with the same guidelines
Scenario Based on Purchase Price of $600,000 with 20% down
rate apr
30 Yr Fixed 4.750% 4.870%
15 Yr Fixed 4.250% 4.456%
Jumbo (Non-Conforming)
1% Loan Fee (1% of the loan amount)
Loan amounts between $567,501 – $649,999 require 20% down.  Loan amounts $650,000 – $999,999 require 25% down. guidelines – “Increased Loan Amounts Available
Scenario Based on Purchase Price of $1,000,000 with 25% down
rate Apr
30 Yr Fixed 5.375% 5.488%
7/1 ARM  5/2/5 CAPS 4.625% 4.011%
5/1 ARM 5/2/5 CAPS 4.125% 3.664%

Government – FHA

Scenario Based on Purchase Price of $400,000 with 20% down
1% Loan Fee (1% of the loan amount)
Loan amounts up to $417,000
rate apr
30 Yr Fixed 4.500% 5.122%
15 Yr Fixed 4.500% 5.244%
FHA – High Balance
1% Loan Fee (1% of the loan amount)
Loan amounts between $417,001 – $567,500 with the same guidelines
Scenario Based on Purchase Price of $600,000 with 20% down
rate apr
30 Yr Fixed 4.750% 5.380%
Prime Rate 3.25%

For specific scenarios, please contact us!




Hire The Right Team. How Can We Assist You?

(206) 219-3088


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