Compare Today’s Mortgage Rates in Federal Way, Washington 98023
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Federal Way, Washington 98023.
After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $15,076 over the lifetime of your 30-year fixed loan, or a monthly savings of $42 in Federal Way and other areas of King county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
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Summary of Average Mortgages in Federal Way, Washington 98023
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Federal Way, Washington 98023
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Federal Way, WA 98023. 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.
Historical Mortgage Rates in Federal Way, Washington 98023 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Federal Way, 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% |
Best Mortgage Brokers around Federal Way, Washington 98023
For those searching for a new home in Federal Way, we have compiled a list of the top mortgage brokers located in and around Federal Way, Washington 98023 to assist you with your search.
Name
Address
Contact
Prospective Mortgage
3317 SW 335th St
Federal Way WA 98023
(253) 835-7771
http://prospectivemortgage.com
Nitsi Co.
1106 SW 335th St
Federal Way WA 98023
(253) 335-6685
Covenant Financial Mortgage
2201 SW 356th St
Federal Way WA 98023
(253) 661-6785
Progressive Lending
35345 13th Way SW
Federal Way WA 98023
(206) 852-9496
http://www.dfi.wa.gov
Kwangsan Mortgage
33024 20th Pl SW
Federal Way WA 98023
(253) 517-5620
http://www.dfi.wa.gov
Address
3317 SW 335th St
Federal Way WA
Contact
(253) 835-7771
http://prospectivemortgage.com
Address
1106 SW 335th St
Federal Way WA
Contact
(253) 335-6685
Address
2201 SW 356th St
Federal Way WA
Contact
(253) 661-6785