October 18, 2017

Seattle Mortgage Rates January 4, 2010

Recently announced “Mortgage Rates” will remain “Low.”  But what is “Low?”  Be clear and fair to yourself, especially if you are waiting to make a move in today’s real estate or mortgage industry.  “Low” is not “Historical Low” so make sure you don’t wait, because Historical Low will be gone!!

 

 

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

4.625%

4.099%

 
   

 

 

 
5/1 ARM 5/2/5 CAPS

4.125%

3.765%

 
   

 

 

 
3/1 ARM 5/2/5 CAPS

3.625%

3.552%

 
         
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  

4.625%

4.833%

 

 

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  

6.875%

6.998%

 
   

 

 

 
7/1 ARM  5/2/5 CAPS

6.000%

4.815%

 
   

 

 

 
5/1 ARM 5/2/5 CAPS

5.250%

4.166%

 
   

 

 

 

 

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  

5.000%

5.647%

 
   

 

 

 
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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(206) 219-3088


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