Compare Mortgage Rates

  • Refinance
  • Home Purchase
  • Home Equity
  • Debt Consolidation

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Include 1st & 2nd mortgages plus any equity loans or credit lines
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Washington Mortgages at a glance

Average 25th Percentile 50th Percentile 75th Percentile
Loan Amount $224,461 $140,031 $192,500 $275,000
Property Values $325,879 $197,500 $255,000 $385,000
Average LTV 75.6%
Percent Refinance 84.6%
Pct of Refis Cashout 11.2%

Washington Mortgage Rates

The state of Washington is known for its gorgeous landscapes and forward-thinking attitude. It's also the place where homeowners, both current and potential, can find affordable home financing. If you're new to the world of mortgages, locating and evaluating those low rate mortgages and refinance mortgages might be challenging.

You may already know that a mortgage with a low payment doesn't necessarily have a low interest rate, or that your total interest costs are heavily dependent on how the payments are applied to the debt balance over time. Or that the annual percentage rate (APR) helps you compare mortgages that have different closing costs. But this is only a tiny selection of the issues that could lead to unpleasant surprises after closing. That's why Mortgageloan.com has tools and tips to assist you in your mortgage search. The resources available to you include a Washington broker directory, a glossary of financial terms, and dozens of mortgage calculators.

Quicken Loans

4.473%APR

Rates as of: 4/22/2014 30 Yr. Fixed
  • We close our loans FAST - many in 30 days or less!
  • Rates are still historically low! Lock in a low rate and payment today.
  • Why pay more for your home than you have to? Check out rates now.
Show Phone number

Call Now: 800-695-1899

Rate APR Term Point Payment
  • 4.125%
  • 4.375%
  • 4.500%
  • 4.375%
  • 4.500%
  • 4.625%
  • 4.625%
  • 4.473%
  • 4.619%
  • 4.668%
  • 4.520%
  • 4.677%
  • 4.723%
  • 4.717%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 2.000%
  • 2.000%
  • 1.125%
  • 0.875%
  • 0.000%
  • 0.000%
  • 0.000%
  • $994
  • $1,024
  • $1,039
  • $1,024
  • $1,039
  • $1,054
  • $1,054

The advertised rates were submitted by each individual lender/broker on the date indicated. Rate/APR terms offered by advertisers may differ from those listed above based on the creditworthiness of the borrower and other differences between an individual loan and the loan criteria used for the quotes. More Info.. These quotes are from banks, thrifts and brokers who have paid for a link to their website in the listings above and you can find additional information about their loan programs on their websites.

Rate Map for Washington

Our Washington State Rate Map shows the mortgage rates borrowers have been getting in different parts of the state. Each “balloon” represents a single mortgage loan where the borrower has chosen to discretely share their loan information.

Clicking on individual markers lets you see the mortgage rates other Washington borrowers have been able to get with different credit scores, loan-to-value ratios, loan amounts and other factors. The list of options at left can be used to narrow down your choices.

Like to join in? If you recently obtained or refinanced a mortgage and would like to share your rate information anonymously, just click on “Share Your Rate” above the map and fill out the boxes indicated. Your fellow borrowers will appreciate it!

NOTE: MortgageLoan.com cannot guarantee the accuracy of the data provided as it is submitted by our visitors.

ARMs

In Washington, there is a large selection of adjustable-rate mortgages (ARMs) available for purchases and refinances. All types of ARMs share these important features:

  • The loan begins with a low rate and payment, which remains in effect for one to 10 years, as specified in the loan agreement.
  • After the initial rate period expires, the rate becomes variable. This rate tracks with a specified index and is adjusted at regular intervals.

Lenders will suggest ARMs to buyers who need a low payment initially, but expect to experience higher income levels in the future.

Home Equity Loans

A home equity loan is a fully amortizing second mortgage with a fixed interest rate. The amount you would be able to borrow under the loan is based on the value of the equity in the home. Home equity loans often have low closing costs and, depending on the amount borrowed, can be paid off more rapidly than first mortgage debt. Relative to refinance mortgages, home equity loans generally have higher interest rates.

Comparing

The process of comparing Washington mortgages begins with developing your own knowledge base. You don't need to be an expert, but you should have the basics down. Familiarize yourself with the types of loans and how their rates compare. You'll have an easier time finding the best rate when you know that second mortgages carry higher rates than refinances, and that 15-year mortgages have lower rates than 30-year mortgages.

The free mortgage calculator should also be a well-used tool in your search. You can use mortgage calculators to refine your budget, learn more about amortization, compare fixed-rate mortgages (FRMs) to ARMs, and more. Since Mortgageloan.com has more than 100 different mortgage calculators, you're sure to find one that addresses your main concerns.

Be diligent about submitting several loan applications-it's the only way to know that you're getting a great deal. Use Mortgageloan.com's broker directory to find qualified lenders near you.

Additional Local Rates Pages

See Seattle Mortgage Rates.