Mortgage rates rose this week spurred largely by rising optimism about the Federal Reserve’s possible move at the end of the month to cut short-term interest rates. According to the latest data.
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Mortgage rates showed little change heading into the Federal Reserve meeting. But now that the central bank has revised its stance, they could be headed lower. According to the latest data released.
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Today’s rate. Current rates in Washington are 4.336% for a 30-year fixed, 3.722% for a 15-year fixed, and 3.862% for a 5/1 adjustable-rate mortgage (ARM).
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· The Best Mortgage Rates Among Washington Lenders. The rates below are based on a 30-year fixed rate mortgage for a $300,000 home with 20% down payment and a 740 credit score in Seattle. Click on a lender from the table for a low rate or find out which lenders ranked the highest for different homebuyer types.