Who has low mortgage rates in Washington?
I’m looking for a primary, single-family home in for , and credit score.
Insights
Negotiate everything—rates, fees, and terms are not set in stone.
George Robinson Chief Data ScientistLenders in WA likely to have high rates
We don’t accept advertising, so TrueRate can give the real lender story. We looked at many lenders and these lenders are likely to offer you a high rate.
| Lender | Lender fees | ||
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Insights
Whether a lender has high margins or is simply inefficient and passing their costs on to you, the result is the same—you’ll likely end up paying more for your home. Our data shows that if you choose these lenders you will likely regret it.
George Robinson Chief Data ScientistMethodology
We believe in transparency. Here’s how we crunched the numbers.
Based on lender data from 2023 with at least 10 loans similar to yours with 0 points for a 30-year fixed mortgage.
Eyeing a house in Washington State? Now’s a pretty solid time to make your move
Interest rates have been improving through 2024, with expectations for even more drops in 2025, making homeownership a lot more doable than it’s been in recent years. You’re not going to feel that same financial pinch that buyers did when rates were sky-high, so locking in a rate now could work in your favor.
Washington’s market is a bit of a mixed bag—if you’re thinking Seattle or Bellevue, brace yourself because those areas are competitive, with prices still on the higher end. But, head out to places like Tacoma, Spokane, or some of the smaller towns, and you’ll find a lot more bang for your buck. These areas still offer a ton of charm, space, and access to nature, without the massive price tags. Plus, you might actually get that backyard you’ve been dreaming about, whether it’s for a garden or just a place to chill.
First-time buyers in Washington have options too, with various assistance programs available to help with down payments and closing costs. The state knows the market can be tough, especially in those high-demand areas, so they’ve got some tools to help you get in without having to save up forever.
Whether you’re drawn to the lush greenery of the Pacific Northwest or the urban energy of cities like Seattle, Washington offers a lot of variety. With interest rates improving and a bit of strategy on where you buy, now’s a great time to consider planting roots in this beautiful corner of the country.