Report: Seattle mortgage rates have increased 35% since last year

An aerial view of Laurelhurst, an upper class residential neighborhood in Seattle. Lake Washington sits on the left and Union Bay on the right. 

Education Images/Universal Images Group via Getty

Mortgage prices for the typical U.S. home have soared to an all-time high, surpassing a previous record set in the summer of 2006, according to a new report from Zillow.

Seattle homeowners are not immune. The report said that monthly mortgage payments in the city have risen 35% since January of last year. That increase has resulted in homeowners paying an average of $675 more per month, bringing the average monthly mortgage payment

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