Mortgage rates for Spokane, Washington go down to 3.00%

Mortgage rates for Spokane, Washington on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That dropped from 3.00% to 3.00%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for Spokane, Washington is now at 4.56%.

Spokane Market Trends

Spokane is in eastern Washington State, the second most populous city in the state. Spokane is an excellent city for education. The city boasts five colleges and two community college campuses. The city has many parks and gardens - the most notable is River Front Park which contains a gondola and a hand carved carousel.

The average price/sqft was $122, an increase of 5.2% compared to last year. The median sales price for homes for October 13 to January 14 was $152,000 based on 646 home sales. Compared to one year ago, the median home sales price decreased 1.3%, or $1,930, and the number of home sales decreased 3.7%.

The average listing price for homes was $262,923 for the week ending January 1, which represents an increase of 1.3%, or $3,461, compared to the previous week.

Notable communities in Spokane include Manito and Moran Prairie, with average home listing prices of $256,934 and $286,089.

Lender411.com will help you find the best mortgage interest rates by putting you in touch with a qualified Spokane mortgage lender who can find you the right loan.

Lenders in: Spokane, Washington.