Mortgage Rates in North Bend, Washington — March 2026
Updated March 2026 | Based on North Bend market data and regional lending conditions
North Bend is a growing city in Washington with a population of 7,765. The current 30-year fixed mortgage rate in North Bend is 6.71%, which is 0.06% above the national average. With a median home price of $424,000 and a 20% down payment of $84,800, homebuyers can expect a monthly principal and interest payment of approximately $2,191.
Current Mortgage Rates in North Bend, WA
Below are the current average mortgage rates available in the North Bend area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.71% | 6.65% | +0.06% |
| 15-Year Fixed | 5.96% | 5.89% | +0.07% |
| 5/1 ARM | 6.23% | 6.15% | +0.08% |
| FHA | 6.48% | 6.25% | +0.23% |
| VA | 6.23% | 6.05% | +0.18% |
| Jumbo | 6.96% | 6.85% | +0.11% |
North Bend Housing Market Overview
The North Bend housing market reflects moderate demand with prices near the national average. The median household income in North Bend is $82,500, and the cost of living index is 106.8 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $108,900 to comfortably afford the median-priced home in North Bend, which exceeds the current median household income.
Monthly Payment Breakdown for North Bend
Based on the median home price of $424,000 with 20% down ($84,800), here is what you can expect to pay monthly in North Bend:
15-Year vs. 30-Year Mortgage in North Bend
Choosing a 15-year mortgage in North Bend at 5.96% instead of a 30-year at 6.71% would save you $274,860 in total interest over the life of the loan. However, your monthly payment would be $2,855 instead of $2,191 — an increase of $664 per month.
Calculate Your North Bend Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in North Bend
What are the current mortgage rates in North Bend, WA?
As of March 2026, the average 30-year fixed mortgage rate in North Bend, Washington is 6.71%, while the 15-year fixed rate is 5.96%. FHA loans average 6.48% and VA loans 6.23%. These rates are 0.06% above the national average of 6.65%.
How much is a monthly mortgage payment in North Bend?
Based on the median home price of $424,000 with 20% down, the estimated monthly mortgage payment in North Bend is $2,191 for principal and interest. Including property taxes of $350/month, the total monthly housing cost is approximately $2,541.
What income do I need to buy a home in North Bend?
Using the 28% rule, you would need an annual income of approximately $108,900 to afford the median-priced home in North Bend at $424,000. The median household income in North Bend is $82,500. This means most households would need to either earn above the median or consider homes below $424,000.
Is North Bend a good place to buy a home in 2026?
North Bend has a moderate cost of living with a cost of living index of 106.8 (national average = 100). The property tax rate in Washington is 0.99%, which is near the national average. North Bend has a population of 7,765 and offers a balanced lifestyle.
Mortgage Rates in Other Washington Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the North Bend, Washington area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.