By the Wirly Editorial Team | AI-assisted, human-reviewed
Mortgage Refinancing in Washington
Real refinance data for Washington from federal sources, updated annually. See how your state compares to national averages.
Refinance Originations
18,597
2024 HMDA data
Avg Loan Amount
$559,378
National: $428,119
Denial Rate
22.39%
▲ Below national avg
Median Home Value
$519,800
U.S. Census Bureau
Source: HMDA 2024 via CFPB, U.S. Census Bureau ACS
Calculate your refinance savingsRefinance Trends in Washington
Originations by Year
Refinance originations in Washington by year. Source: HMDA via CFPB.
Loan Type Breakdown
Includes all refinance applications (originated, denied, and other outcomes). Source: HMDA via CFPB.
Home Price Trends in Washington
Source: FHFA House Price Index
Top Lenders in Washington
| # | Lender | HMDA Records | Avg Loan |
|---|---|---|---|
| 1 | Boeing Employees Credit Union | 30,500 | - |
| 2 | Boeing Employees Credit Union | 21,537 | - |
| 3 | Boeing Employees Credit Union | 20,129 | - |
| 4 | Rocket Mortgage LLC | 13,680 | - |
| 5 | Caliber Home Loans Inc. | 12,615 | - |
| 6 | U.s. Bank National Association | 11,405 | - |
| 7 | United Shore Financial Services LLC | 11,181 | - |
| 8 | Bank Of America National Association | 10,631 | - |
| 9 | Rocket Mortgage LLC | 10,573 | - |
| 10 | Wells Fargo Bank National Association | 10,389 | - |
Ranked by total HMDA filings in the state (2024). Source: HMDA via CFPB.
Compare all lenders →How Washington Compares
| Metric | Washington | National Avg |
|---|---|---|
| Refinance Originations | 18,597 | 697,820 |
| Avg Loan Amount | $559,378 | $428,119 |
| Denial Rate | 22.39% | 24.2% |
Green indicates the state performs better than the national average. Red indicates worse. Source: HMDA 2024, U.S. Census Bureau.
Current Mortgage Rates
30-Year Fixed
6.51%
▲ 6.36% prev
15-Year Fixed
5.85%
▲ 5.71% prev
5/1 ARM
6.06%
▲ 5.95% prev
National average rates updated daily from FRED (Federal Reserve Bank of St. Louis). Your rate depends on your credit score, loan amount, and lender.
Get personalized rates →Frequently Asked Questions
How many people refinanced in Washington in 2024?
In 2024, there were 18,597 refinance originations in Washington, according to HMDA data reported to the CFPB.
What is the average refinance loan amount in Washington?
The average refinance loan amount in Washington was $559,378 in 2024. This reflects originated loans reported through HMDA.
What is the refinance denial rate in Washington?
The refinance denial rate in Washington was 22.39% in 2024. This is calculated from originated and denied applications reported to the CFPB.
What are the top refinance lenders in Washington?
The most active lenders in Washington by HMDA filing volume include Boeing Employees Credit Union, Boeing Employees Credit Union, Boeing Employees Credit Union. See the full list above for details.
Is it a good time to refinance in Washington?
Whether refinancing makes sense depends on your current rate, loan balance, and how long you plan to stay in your home. Use our refinance calculator and break-even calculator to estimate your potential savings based on current national rates.
Want a deeper analysis?
Read our full editorial guide on refinancing in Washington, including tips, regulations, and state programs.
Read the Washington Refinance GuideData sourced from HMDA (Home Mortgage Disclosure Act) via the CFPB and FRED (Federal Reserve Bank of St. Louis). Demographics from the U.S. Census Bureau American Community Survey. This page is for educational purposes only and does not constitute financial advice. Consult a licensed mortgage professional for personalized guidance.