Home Mortgage

Seattle is the most populated city in Washington.  This popularity is partially due employment opportunities as well as the reasonable median house price of $375,000 (sales price) as of December 2008 a 12.6 decrease in price from 12 month ago.

Purchasing a Home in Seattle

For those interested in living in Seattle, Washington, it is generally necessary to first obtain a mortgage loan in order to pay for the home.  There are actually many different types of Seattle home mortgage loans available, though the two most common are the fixed rate loan and the adjustable rate mortgage (ARM).  With a fixed loan, the interest rate you pay on your Seattle home mortgage remains the same through the life of the loan. With an ARM loan, on the other hand, the rate varies according to market fluctuations.

In order to determine which type of Seattle home mortgage loan is right for you, you need to take several things into consideration. Factors such as the mortgage interest rate, which is currently 5.033% (30 year fixed) and your current and expected future financial situation are all things to take into consideration.

If you are ready to learn more about your Seattle home mortgage loan options, click on one of the ads and you will be directed to a qualified broker or loan officer that can help you make your dreams of moving to Seattle a reality!

More Information About Seattle

Seattle is the largest city in the U.S. state of Washington, and in the Pacific Northwest, with a total estimated population of 569,101 as of 2003. It is situated between Puget Sound and Lake Washington, about 108 miles (180 km) south of the Canadian border, in King County, of which it is the county seat.

Seattle residents and people who come from Seattle are known as Seattleites.

The Space Needle  is possibly Seattle’s most famous landmark, featured in the logo of the television show Frasier, and dating from the 1962 Century 21 Exposition, a World’s Fair. The Seattle monorail constructed for the Exposition still runs today between Seattle Center and Downtown.

Other famous landmarks include the Smith Tower, Pike Place Market  the Fremont Troll, the Experience Music Project, the new Seattle Central Library, and the Bank of America Tower, which is the fourth tallest skyscraper west of the Mississippi River and the twelfth tallest in the nation. (On June 16, 2004, the 9/11 Commission reported that the original plan for the September 11, 2001 terrorist attacks included the Bank of America Tower as one of ten targeted buildings.)

Seattle is sometimes referred to as the “rainy city”, even though it gets less rain than many other U.S. cities (see “Climate” section). It is also known as Jet City, due to the heavy influence of Boeing. Its official but little-used nickname is the Emerald City.

Seattle is also known as the home of grunge music, has a reputation for heavy coffee consumption, and was the site of the 1999 meeting of the World Trade Organization shut down by anti-globalist demonstrators.

Other major events in Seattle’s history include the Great Seattle Fire of 1889, which destroyed the central business district (but took no lives); the Alaska-Yukon-Pacific Exposition of 1909, which is largely responsible for the current layout of the University of Washington campus; the Seattle General Strike of 1919, the first general strike in the country; and the 1990 Goodwill Games.

Recommended Sites about Seattle

Seattle.Gov