Average mortgage rates for the larger Seattle area are down 0.1 percent from February, according to the Seattle Times March report.
30-year fixed loans for March hovered around 5.3 percent, while 15-year fixed loans held below 4.74 percent.
These historically low rates are not expected to last into April, with the federal program that has kept rates low ending yesterday. (See Seattle Times and PI: Local closings rise 18% over last year, prices up 6%, and low mortgage rates rising in April)
For more information, read the local mortgage rates report on the Seattle Times website.
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