January 19, 2018

Seattle Mortgage Rates December 28, 2009

 

Rates are currently trending upwards!!

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

 

Yes the Fannie Mae and Freddie Mac “Home Affordable Refinance Program” is still available!!

 

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 

5.125%

5.259%

 
   

 

 

 
15 Yr Fixed  

4.500%

4.725%

 
   

 

 

 
7/1 ARM  5/2/5 CAPS

4.500%

4.037%

 
   

 

 

 
5/1 ARM 5/2/5 CAPS

4.000%

3.720%

 
   

 

 

 
3/1 ARM 5/2/5 CAPS

3.500%

3.523%

 
         
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  

5.375%

5.500%

 
   

 

 

 
15 Yr Fixed  

4.750%

4.958%

 

 

Jumbo (Non-Conforming)    
1% Loan Fee (1% of the loan amount)  
Loan amounts between $567,501 – $999,999 with the same guidelines
         
Scenario Based on Purchase Price of $1,000,000 with 25% down
   

rate

apr

 
30 Yr Fixed  

7.000%

7.124%

 
   

 

 

 
7/1 ARM  5/2/5 CAPS

5.875%

4.743%

 
   

 

 

 
5/1 ARM 5/2/5 CAPS

5.125%

4.118%

 
   

 

 

 

 

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  

5.250%

5.910%

 
   

 

 

 
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  

5.250%

5.905%

 
   

 

 

 
         
         
Prime Rate  

3.25%

   

 

For specific scenarios, please contact us!




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  1. This update on mortgage rates is a great resource.

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