Mortgage Rates in Sequim, Washington — March 2026
Updated March 2026 | Based on Sequim market data and regional lending conditions
Sequim is a growing city in Washington with a population of 7,898. The current 30-year fixed mortgage rate in Sequim is 6.06%, which is 0.59% below the national average. With a median home price of $425,000 and a 20% down payment of $85,000, homebuyers can expect a monthly principal and interest payment of approximately $2,053.
Current Mortgage Rates in Sequim, WA
Below are the current average mortgage rates available in the Sequim 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 | 6.06% | 6.65% | -0.59% |
| 15-Year Fixed | 5.3% | 5.89% | -0.59% |
| 5/1 ARM | 5.56% | 6.15% | -0.59% |
| FHA | 5.66% | 6.25% | -0.59% |
| VA | 5.46% | 6.05% | -0.59% |
| Jumbo | 6.26% | 6.85% | -0.59% |
Sequim Housing Market Overview
The Sequim housing market reflects moderate demand with prices near the national average. The median household income in Sequim is $42,000, and the cost of living index is 105 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $103,029 to comfortably afford the median-priced home in Sequim, which exceeds the current median household income.
Monthly Payment Breakdown for Sequim
Based on the median home price of $425,000 with 20% down ($85,000), here is what you can expect to pay monthly in Sequim:
15-Year vs. 30-Year Mortgage in Sequim
Choosing a 15-year mortgage in Sequim at 5.3% instead of a 30-year at 6.06% would save you $245,520 in total interest over the life of the loan. However, your monthly payment would be $2,742 instead of $2,053 — an increase of $689 per month.
Calculate Your Sequim Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Sequim
What are the current mortgage rates in Sequim, WA?
As of March 2026, the average 30-year fixed mortgage rate in Sequim, Washington is 6.06%, while the 15-year fixed rate is 5.3%. FHA loans average 5.66% and VA loans 5.46%. These rates are 0.59% below the national average of 6.65%.
How much is a monthly mortgage payment in Sequim?
Based on the median home price of $425,000 with 20% down, the estimated monthly mortgage payment in Sequim is $2,053 for principal and interest. Including property taxes of $351/month, the total monthly housing cost is approximately $2,404.
What income do I need to buy a home in Sequim?
Using the 28% rule, you would need an annual income of approximately $103,029 to afford the median-priced home in Sequim at $425,000. The median household income in Sequim is $42,000. This means most households would need to either earn above the median or consider homes below $425,000.
Is Sequim a good place to buy a home in 2026?
Sequim has a moderate cost of living with a cost of living index of 105 (national average = 100). The property tax rate in Washington is 0.99%, which is near the national average. Sequim has a population of 7,898 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 Sequim, Washington area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.