SEATTLE - BELLEVUE - KENT Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Seattle - Bellevue - Kent averaged
7.33%
for the week of 2023-12-07, compared to the national average of
7.03% for the same period.
The average rate for the prior week (2023-11-30) was
7.42% and
one month ago for the week of 2023-11-02, the
average rate was 7.76%.
Seattle - Bellevue - Kent's average rate one year ago was 6.79%.
For refis of the same type during the week of 2023-12-07, the average rate
was 7.83%.
Loan Type |
Date |
Rate |
US 30 Year Fixed Rate |
2023-12-07 |
7.03% |
Seattle - Bellevue - Kent 30 Year Fixed Rate |
2023-12-07 |
7.33% |
Seattle - Bellevue - Kent 30 Year Fixed Rate Refi |
2023-12-07 |
7.83% |
Seattle - Bellevue - Kent 15 Year Fixed Rate |
2023-12-07 |
6.29% |
Seattle - Bellevue - Kent 15 Year Fixed Rate Refi |
2023-12-07 |
6.19% |
Seattle - Bellevue - Kent 30 Year FHA |
2023-12-07 |
6.92% |
Seattle - Bellevue - Kent 30 Year FHA Refi |
2023-12-07 |
6.92% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SEATTLE-BELLEVUE-KENT, WA.
SEATTLE - BELLEVUE - KENT Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the SEATTLE-BELLEVUE-KENT, WA market. This
includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Name |
# of Loans |
2022 Avg. 30yFix Rate |
2022 Avg. Closing Costs |
SEATTLE-BELLEVUE-KENT, WA Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that
larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
Name |
2021 Loan Value |
2022 Loan Value |
% Change |
2022 Market Share |
SEATTLE - BELLEVUE - KENT Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - SEATTLE - BELLEVUE - KENT (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date |
Median Listing Price (YoY Change) |
Average Listing Price (YoY) |
MSA/US Median Price Ratio |
Active Listings |
2018-01-01 |
$494,878 (13.3%) |
$817,476 (17.5%) |
1.83 |
2,935 |
2018-02-01 |
$522,475 (13.7%) |
$837,160 (12.5%) |
1.90 |
2,977 |
2018-03-01 |
$550,000 (14.9%) |
$855,943 (13.2%) |
1.93 |
3,291 |
2018-04-01 |
$559,975 (12.9%) |
$860,533 (10.6%) |
1.90 |
3,916 |
2018-05-01 |
$571,500 (14.4%) |
$860,415 (9.9%) |
1.91 |
4,776 |
2018-06-01 |
$575,000 (15.0%) |
$857,750 (10.4%) |
1.92 |
5,926 |
2018-07-01 |
$565,925 (13.3%) |
$823,615 (7.1%) |
1.89 |
7,217 |
2018-08-01 |
$550,483 (12.9%) |
$794,782 (6.7%) |
1.84 |
8,155 |
2018-09-01 |
$549,950 (12.5%) |
$784,101 (4.7%) |
1.85 |
9,205 |
2018-10-01 |
$552,500 (12.8%) |
$781,837 (3.0%) |
1.87 |
9,383 |
2018-11-01 |
$549,998 (11.7%) |
$781,663 (0.8%) |
1.86 |
8,294 |
2018-12-01 |
$550,000 (11.1%) |
$789,581 (-0.7%) |
1.90 |
6,850 |
2019-01-01 |
$562,475 (13.7%) |
$817,211 (0.0%) |
1.94 |
5,558 |
2019-02-01 |
$593,745 (13.6%) |
$859,510 (2.7%) |
2.01 |
5,429 |
2019-03-01 |
$608,423 (10.6%) |
$873,910 (2.1%) |
1.99 |
5,655 |
2019-04-01 |
$627,445 (12.1%) |
$899,002 (4.5%) |
1.99 |
5,935 |
2019-05-01 |
$623,714 (9.1%) |
$881,335 (2.4%) |
1.95 |
7,098 |
2019-06-01 |
$614,950 (7.0%) |
$859,290 (0.2%) |
1.92 |
7,807 |
2019-07-01 |
$599,995 (6.0%) |
$850,226 (3.2%) |
1.88 |
7,784 |
2019-08-01 |
$595,836 (8.2%) |
$841,720 (5.9%) |
1.89 |
8,177 |
2019-09-01 |
$589,741 (7.2%) |
$834,170 (6.4%) |
1.89 |
8,310 |
2019-10-01 |
$585,677 (6.0%) |
$829,137 (6.1%) |
1.89 |
8,318 |
2019-11-01 |
$579,000 (5.3%) |
$833,915 (6.7%) |
1.90 |
6,740 |
2019-12-01 |
$579,963 (5.5%) |
$846,325 (7.2%) |
1.93 |
4,769 |
2020-01-01 |
$587,500 (4.5%) |
$867,078 (6.1%) |
1.96 |
3,867 |
2020-02-01 |
$599,900 (1.0%) |
$889,450 (3.5%) |
1.97 |
3,791 |
2020-03-01 |
$606,735 (-0.3%) |
$882,182 (1.0%) |
1.90 |
4,300 |
2020-04-01 |
$599,950 (-4.4%) |
$851,056 (-5.3%) |
1.88 |
4,889 |
2020-05-01 |
$608,000 (-2.5%) |
$859,906 (-2.4%) |
1.85 |
5,649 |
2020-06-01 |
$621,498 (1.1%) |
$887,354 (3.3%) |
1.83 |
5,729 |
2020-07-01 |
$627,000 (4.5%) |
$896,012 (5.4%) |
1.82 |
5,735 |
2020-08-01 |
$625,000 (4.9%) |
$885,121 (5.2%) |
1.79 |
5,959 |
2020-09-01 |
$624,999 (6.0%) |
$885,251 (6.1%) |
1.79 |
6,059 |
2020-10-01 |
$619,990 (5.9%) |
$890,134 (7.4%) |
1.78 |
5,838 |
2020-11-01 |
$626,725 (8.2%) |
$922,318 (10.6%) |
1.83 |
4,129 |
2020-12-01 |
$624,975 (7.8%) |
$930,668 (10.0%) |
1.86 |
3,092 |
2021-01-01 |
$638,000 (8.6%) |
$958,591 (10.6%) |
1.90 |
2,424 |
2021-02-01 |
$648,625 (8.1%) |
$953,436 (7.2%) |
1.89 |
2,219 |
2021-03-01 |
$652,500 (7.5%) |
$924,093 (4.8%) |
1.85 |
2,584 |
2021-04-01 |
$669,975 (11.7%) |
$940,369 (10.5%) |
1.81 |
2,763 |
2021-05-01 |
$679,900 (11.8%) |
$946,099 (10.0%) |
1.81 |
2,937 |
2021-06-01 |
$683,725 (10.0%) |
$944,535 (6.4%) |
1.80 |
3,425 |
2021-07-01 |
$689,950 (10.0%) |
$943,656 (5.3%) |
1.82 |
3,642 |
2021-08-01 |
$674,975 (8.0%) |
$912,385 (3.1%) |
1.80 |
3,753 |
2021-09-01 |
$675,000 (8.0%) |
$918,542 (3.8%) |
1.80 |
3,744 |
2021-10-01 |
$675,000 (8.9%) |
$939,780 (5.6%) |
1.80 |
3,324 |
2021-11-01 |
$674,995 (7.7%) |
$947,493 (2.7%) |
1.80 |
2,510 |
2021-12-01 |
$662,500 (6.0%) |
$933,599 (0.3%) |
1.80 |
1,659 |
2022-01-01 |
$685,000 (7.4%) |
$1,001,556 (4.5%) |
1.85 |
1,315 |
2022-02-01 |
$722,450 (11.4%) |
$1,051,274 (10.3%) |
1.88 |
1,539 |
2022-03-01 |
$749,950 (14.9%) |
$1,075,899 (16.4%) |
1.88 |
1,867 |
2022-04-01 |
$799,950 (19.4%) |
$1,128,806 (20.0%) |
1.91 |
2,207 |
2022-05-01 |
$824,995 (21.3%) |
$1,161,979 (22.8%) |
1.89 |
3,971 |
2022-06-01 |
$802,495 (17.4%) |
$1,135,816 (20.3%) |
1.79 |
5,457 |
2022-07-01 |
$789,950 (14.5%) |
$1,083,279 (14.8%) |
1.78 |
6,958 |
2022-08-01 |
$774,975 (14.8%) |
$1,075,045 (17.8%) |
1.79 |
6,964 |
2022-09-01 |
$762,485 (13.0%) |
$1,078,753 (17.4%) |
1.78 |
6,694 |
2022-10-01 |
$750,000 (11.1%) |
$1,060,491 (12.8%) |
1.76 |
6,701 |
2022-11-01 |
$737,450 (9.3%) |
$1,056,954 (11.6%) |
1.77 |
6,006 |
2022-12-01 |
$725,000 (9.4%) |
$1,038,782 (11.3%) |
1.79 |
4,558 |
2023-01-01 |
$727,000 (6.1%) |
$1,042,111 (4.1%) |
1.80 |
3,673 |
2023-02-01 |
$749,950 (3.8%) |
$1,105,965 (5.2%) |
1.81 |
3,115 |
2023-03-01 |
$788,975 (5.2%) |
$1,177,386 (9.4%) |
1.86 |
3,105 |
2023-04-01 |
$825,000 (3.1%) |
$1,236,506 (9.5%) |
1.92 |
3,164 |
2023-05-01 |
$822,500 (-0.3%) |
$1,235,282 (6.3%) |
1.86 |
3,543 |
2023-06-01 |
$824,720 (2.8%) |
$1,225,765 (7.9%) |
1.85 |
4,090 |
2023-07-01 |
$815,000 (3.2%) |
$1,242,311 (14.7%) |
1.85 |
4,267 |
2023-08-01 |
$799,475 (3.2%) |
$1,226,323 (14.1%) |
1.84 |
4,504 |
2023-09-01 |
$799,000 (4.8%) |
$1,215,186 (12.7%) |
1.86 |
4,774 |
2023-10-01 |
$792,250 (5.6%) |
$1,179,771 (11.3%) |
1.86 |
4,808 |
2023-11-01 |
$752,413 (2.0%) |
$1,110,443 (5.1%) |
1.79 |
5,293 |
SEATTLE - BELLEVUE - KENT's median listing price for 2023-11-01 was $752,413, a difference of
$14,963
(2.0%) versus the prior year and
$-39,837 versus the prior month.
SEATTLE - BELLEVUE - KENT's median listing price comes in at 179% of the national average.
SEATTLE - BELLEVUE - KENT's average listing price for 2023-11-01 was $1,110,443, a difference of
$53,489
(5.1%) versus the prior year and
$-69,328 versus the prior month.
For the 2023-11-01 period, SEATTLE - BELLEVUE - KENT had 5,293 MLS listings, a difference of
485 listings
(10%)
versus the prior month and
-713 listings
(-12%)
versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - SEATTLE - BELLEVUE - KENT (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date |
Median Listing Time on Market |
Median Square Footage |
2018-01-01 |
43 days |
2,183 sqft |
2018-02-01 |
26 days |
2,178 sqft |
2018-03-01 |
22 days |
2,171 sqft |
2018-04-01 |
22 days |
2,153 sqft |
2018-05-01 |
19 days |
2,180 sqft |
2018-06-01 |
22 days |
2,180 sqft |
2018-07-01 |
29 days |
2,136 sqft |
2018-08-01 |
30 days |
2,104 sqft |
2018-09-01 |
36 days |
2,041 sqft |
2018-10-01 |
38 days |
2,035 sqft |
2018-11-01 |
45 days |
2,018 sqft |
2018-12-01 |
59 days |
2,040 sqft |
2019-01-01 |
63 days |
2,085 sqft |
2019-02-01 |
42 days |
2,141 sqft |
2019-03-01 |
33 days |
2,137 sqft |
2019-04-01 |
24 days |
2,160 sqft |
2019-05-01 |
28 days |
2,118 sqft |
2019-06-01 |
31 days |
2,110 sqft |
2019-07-01 |
37 days |
2,110 sqft |
2019-08-01 |
39 days |
2,084 sqft |
2019-09-01 |
41 days |
2,059 sqft |
2019-10-01 |
43 days |
2,046 sqft |
2019-11-01 |
50 days |
2,020 sqft |
2019-12-01 |
61 days |
2,044 sqft |
2020-01-01 |
65 days |
2,052 sqft |
2020-02-01 |
31 days |
2,066 sqft |
2020-03-01 |
23 days |
2,089 sqft |
2020-04-01 |
31 days |
2,075 sqft |
2020-05-01 |
35 days |
2,054 sqft |
2020-06-01 |
31 days |
2,038 sqft |
2020-07-01 |
30 days |
2,009 sqft |
2020-08-01 |
30 days |
1,920 sqft |
2020-09-01 |
33 days |
1,840 sqft |
2020-10-01 |
35 days |
1,778 sqft |
2020-11-01 |
41 days |
1,712 sqft |
2020-12-01 |
48 days |
1,689 sqft |
2021-01-01 |
43 days |
1,664 sqft |
2021-02-01 |
29 days |
1,680 sqft |
2021-03-01 |
23 days |
1,749 sqft |
2021-04-01 |
23 days |
1,774 sqft |
2021-05-01 |
20 days |
1,800 sqft |
2021-06-01 |
20 days |
1,819 sqft |
2021-07-01 |
23 days |
1,827 sqft |
2021-08-01 |
26 days |
1,825 sqft |
2021-09-01 |
29 days |
1,856 sqft |
2021-10-01 |
33 days |
1,846 sqft |
2021-11-01 |
35 days |
1,825 sqft |
2021-12-01 |
39 days |
1,793 sqft |
2022-01-01 |
37 days |
1,792 sqft |
2022-02-01 |
16 days |
1,819 sqft |
2022-03-01 |
17 days |
1,888 sqft |
2022-04-01 |
16 days |
1,964 sqft |
2022-05-01 |
16 days |
2,068 sqft |
2022-06-01 |
22 days |
2,050 sqft |
2022-07-01 |
28 days |
2,040 sqft |
2022-08-01 |
34 days |
2,026 sqft |
2022-09-01 |
39 days |
2,011 sqft |
2022-10-01 |
39 days |
1,970 sqft |
2022-11-01 |
45 days |
1,954 sqft |
2022-12-01 |
59 days |
1,960 sqft |
2023-01-01 |
65 days |
1,950 sqft |
2023-02-01 |
43 days |
1,981 sqft |
2023-03-01 |
32 days |
2,050 sqft |
2023-04-01 |
31 days |
2,030 sqft |
2023-05-01 |
29 days |
2,041 sqft |
2023-06-01 |
29 days |
2,044 sqft |
2023-07-01 |
33 days |
2,041 sqft |
2023-08-01 |
33 days |
2,006 sqft |
2023-09-01 |
37 days |
1,990 sqft |
2023-10-01 |
38 days |
1,962 sqft |
2023-11-01 |
45 days |
1,913 sqft |
SEATTLE - BELLEVUE - KENT's median listing age (time on market) for 2023-11-01 was 45 days.
This
is 1%
longer
than the same period one year ago.
SEATTLE - BELLEVUE - KENT's median square footage for active listings during the 2023-11-01 period was
1,913 sqft. One year prior, the average listing was
1,954 sqft.
SEATTLE-BELLEVUE-KENT, WA Market Loan Reason
Loan Purpose |
Originations |
Total Value |
Average Loan |
Interest Rate Frequencies
Loan Rate |
Originations |
Total Value |
Average Loan |
Loan Sizing (SEATTLE-BELLEVUE-KENT, WA MSA)
Loan Size |
Originations |
Total Value |
Average Loan |
LTV Distribution
Loan to Value |
Originations |
Total Value |
Average Loan |