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KIRO Radio's Tom Kelly digs deep into the Puget Sound real estate market

Real Estate

Fixed-rate mortgages remain calm during election week

Fixed-rate mortgages changed little this week, staying near their record lows after the national elections, according to the Associated Press.

The rate on the 30-year mortgage ticked up to 3.40 percent from 3.39 percent last week. Five weeks ago, the rate touched a record-low 3.36 percent.

The average on the 15-year mortgage slipped to 2.69 percent, down from 2.70 percent last week and just above the record low of 2.66 percent reached three weeks ago.

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