Seattle Home Mortgage Rates ending 8/13/2009

Current Mortgage Rates Here in the Seattle Home Mortgage market and Nationally as supplied by Mortgage bank rates are as follows:

Today’s current fixed rate mortgages were up for the week ending August 13, 2009. Conventional fixed 30-year mortgage rates averaged 5.29 percent this week, up from the prior week’s average 30-year rate of 5.22 percent with an average 0.7 points. Last year at this time 30-year mortgage rates averaged 6.52 percent. The increase in recent mortgage rates has slowed down the mini mortgage refinancing boom we had the past couple of months when rates declined to near record lows.