WHATCOM COUNTY, WA (MyBellinghamNow.com) – Home buyers and sellers in Whatcom County are seeing a cooling pattern in their mortgage rates.

The Muljat Group’s co-owner and designated broker Kena Brashear says that weak jobs reports have been bringing down average mortgage rates in our region.

She says that rates hit a high of over 7% in May before they began their decline over the summer.

As of Friday, Sept. 5, mortgage rates are hovering around 6.3%.

That means buyers could explore more affordable monthly payments, and sellers could see more interested homeowners offering bids.

Brashear says that she expects these numbers to hold steady unless changes are made in the bond market or within the Federal Reserve.