Astoria FHA Loan Rates, Closing Costs & Stats
Astoria, OR
FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.
FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.
While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.
For additional requirements as defined by the FHA, click here.
Astoria's 26 lenders originated 83 FHA loans during 2023. The total origination value was $29,715,000, with an average FHA loan value of $358,012.
Astoria FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in Astoria
averaged
0.08%
for the week of 2024-11-29, compared to the national average (all FHA variants) of
0% for the same period.
Astoria's average FHA mortgage closing costs are $10,643.
The average rate for the prior week (2024-11-22) was
6.37% and
one month ago for the week of 2024-10-25, the
average rate was 6.55%.
The average rate one year ago was 7.34%.
For refis of the same type during the week of 2024-11-29, the average rate
was -0.2%.
Astoria FHA Loan Lenders by Rates & Fees
The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Astoria level.
The top Astoria FHA lender as defined by loan originations is CHURCHILL MORTGAGE CORPORATION, with
14 FHA loans originated. Their average total fees are
$15,726, which is $2,372
lower than the next largest lender,
Golden Empire Mortgage, Inc..
The lowest fee Astoria FHA lenders (with over 10 loans originated) are
CHURCHILL MORTGAGE CORPORATION ($15,726), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($16,052), Golden Empire Mortgage, Inc. ($18,098), .
The lowest rate Astoria FHA lenders (with over 10 loans originated) are
CHURCHILL MORTGAGE CORPORATION (6.42%), Golden Empire Mortgage, Inc. (6.50%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.77%), .
Astoria FHA Loan Limits
Metro | County | Year | Single Family Limit | 2 Family Limit | 3 Family Limit | 4 Family Limit |
---|---|---|---|---|---|---|
ASTORIA, OR | CLATSOP | 2022 | $437,000 | $559,450 | $676,200 | $840,400 |
ASTORIA, OR | CLATSOP | 2023 | $529,000 | $677,200 | $818,600 | $1,017,300 |
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Astoria (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $372,238 (0.5%) | $521,807 (6.7%) | 0.00 | 303 |
2018-02-01 | $371,950 (3.7%) | $521,857 (10.9%) | 0.00 | 303 |
2018-03-01 | $399,000 (12.5%) | $562,813 (16.2%) | 0.00 | 314 |
2018-04-01 | $424,500 (17.9%) | $563,682 (11.9%) | 0.00 | 326 |
2018-05-01 | $444,000 (27.1%) | $562,545 (15.4%) | 0.00 | 352 |
2018-06-01 | $435,000 (23.5%) | $546,302 (8.9%) | 0.00 | 370 |
2018-07-01 | $432,125 (20.5%) | $540,170 (4.6%) | 0.00 | 390 |
2018-08-01 | $437,225 (21.5%) | $555,401 (6.2%) | 0.00 | 375 |
2018-09-01 | $438,500 (19.2%) | $560,345 (9.3%) | 0.00 | 361 |
2018-10-01 | $417,500 (11.3%) | $550,996 (6.0%) | 0.00 | 350 |
2018-11-01 | $410,000 (10.2%) | $557,323 (5.1%) | 0.00 | 314 |
2018-12-01 | $412,000 (9.9%) | $566,325 (6.8%) | 0.00 | 292 |
2019-01-01 | $416,450 (11.9%) | $556,221 (6.6%) | 0.00 | 258 |
2019-02-01 | $434,500 (16.8%) | $570,116 (9.3%) | 0.00 | 251 |
2019-03-01 | $449,886 (12.8%) | $581,617 (3.3%) | 0.00 | 263 |
2019-04-01 | $462,586 (9.0%) | $590,085 (4.7%) | 0.00 | 290 |
2019-05-01 | $464,150 (4.5%) | $611,626 (8.7%) | 0.00 | 315 |
2019-06-01 | $459,250 (5.6%) | $619,204 (13.3%) | 0.00 | 337 |
2019-07-01 | $458,000 (6.0%) | $599,853 (11.1%) | 0.00 | 356 |
2019-08-01 | $456,395 (4.4%) | $608,630 (9.6%) | 0.00 | 336 |
2019-09-01 | $452,489 (3.2%) | $618,005 (10.3%) | 0.00 | 308 |
2019-10-01 | $449,884 (7.8%) | $624,255 (13.3%) | 0.00 | 288 |
2019-11-01 | $449,450 (9.6%) | $627,259 (12.6%) | 0.00 | 260 |
2019-12-01 | $445,725 (8.2%) | $619,941 (9.5%) | 0.00 | 248 |
2020-01-01 | $440,713 (5.8%) | $606,920 (9.1%) | 0.00 | 220 |
2020-02-01 | $430,000 (-1.0%) | $595,216 (4.4%) | 0.00 | 217 |
2020-03-01 | $436,750 (-2.9%) | $586,380 (0.8%) | 0.00 | 237 |
2020-04-01 | $439,250 (-5.0%) | $603,533 (2.3%) | 0.00 | 240 |
2020-05-01 | $435,000 (-6.3%) | $603,347 (-1.4%) | 0.00 | 232 |
2020-06-01 | $437,625 (-4.7%) | $619,157 (0.0%) | 0.00 | 216 |
2020-07-01 | $439,000 (-4.2%) | $609,459 (1.6%) | 0.00 | 195 |
2020-08-01 | $450,000 (-1.4%) | $636,560 (4.6%) | 0.00 | 171 |
2020-09-01 | $428,000 (-5.4%) | $604,082 (-2.3%) | 0.00 | 149 |
2020-10-01 | $428,000 (-4.9%) | $618,009 (-1.0%) | 0.00 | 120 |
2020-11-01 | $434,750 (-3.3%) | $631,031 (0.6%) | 0.00 | 102 |
2020-12-01 | $428,000 (-4.0%) | $653,165 (5.4%) | 0.00 | 89 |
2021-01-01 | $466,000 (5.7%) | $686,477 (13.1%) | 0.00 | 92 |
2021-02-01 | $489,000 (13.7%) | $688,215 (15.6%) | 0.00 | 77 |
2021-03-01 | $496,425 (13.7%) | $695,276 (18.6%) | 0.00 | 72 |
2021-04-01 | $508,075 (15.7%) | $671,669 (11.3%) | 0.00 | 63 |
2021-05-01 | $575,450 (32.3%) | $693,468 (14.9%) | 0.00 | 81 |
2021-06-01 | $560,350 (28.0%) | $695,904 (12.4%) | 0.00 | 112 |
2021-07-01 | $572,400 (30.4%) | $730,707 (19.9%) | 0.00 | 120 |
2021-08-01 | $585,000 (30.0%) | $749,766 (17.8%) | 0.00 | 127 |
2021-09-01 | $612,608 (43.1%) | $800,477 (32.5%) | 0.00 | 124 |
2021-10-01 | $599,000 (40.0%) | $802,436 (29.8%) | 0.00 | 103 |
2021-11-01 | $591,225 (36.0%) | $775,111 (22.8%) | 0.00 | 92 |
2021-12-01 | $561,750 (31.3%) | $711,789 (9.0%) | 0.00 | 89 |
2022-01-01 | $549,900 (18.0%) | $708,450 (3.2%) | 0.00 | 70 |
2022-02-01 | $587,000 (20.0%) | $768,617 (11.7%) | 0.00 | 72 |
2022-03-01 | $589,000 (18.7%) | $782,552 (12.6%) | 0.00 | 67 |
2022-04-01 | $615,000 (21.1%) | $802,974 (19.6%) | 0.00 | 87 |
2022-05-01 | $642,000 (11.6%) | $793,903 (14.5%) | 0.00 | 119 |
2022-06-01 | $629,000 (12.3%) | $768,008 (10.4%) | 0.00 | 150 |
2022-07-01 | $619,000 (8.1%) | $757,551 (3.7%) | 0.00 | 176 |
2022-08-01 | $624,000 (6.7%) | $775,966 (3.5%) | 0.00 | 172 |
2022-09-01 | $619,000 (1.0%) | $787,605 (-1.6%) | 0.00 | 171 |
2022-10-01 | $599,000 (0.0%) | $743,382 (-7.4%) | 0.00 | 176 |
2022-11-01 | $599,000 (1.3%) | $729,400 (-5.9%) | 0.00 | 174 |
2022-12-01 | $623,000 (10.9%) | $719,695 (1.1%) | 0.00 | 133 |
2023-01-01 | $605,725 (10.2%) | $669,788 (-5.5%) | 0.00 | 128 |
2023-02-01 | $614,338 (4.7%) | $684,923 (-10.9%) | 0.00 | 116 |
2023-03-01 | $609,000 (3.4%) | $708,487 (-9.5%) | 0.00 | 139 |
2023-04-01 | $629,000 (2.3%) | $774,034 (-3.6%) | 0.00 | 146 |
2023-05-01 | $637,000 (-0.8%) | $797,303 (0.4%) | 0.00 | 158 |
2023-06-01 | $629,000 (0.0%) | $814,613 (6.1%) | 0.00 | 169 |
2023-07-01 | $624,999 (1.0%) | $808,824 (6.8%) | 0.00 | 190 |
2023-08-01 | $599,450 (-3.9%) | $781,710 (0.7%) | 0.00 | 203 |
2023-09-01 | $599,000 (-3.2%) | $791,548 (0.5%) | 0.00 | 200 |
2023-10-01 | $599,000 (0.0%) | $799,419 (7.5%) | 0.00 | 209 |
2023-11-01 | $572,000 (-4.5%) | $788,433 (8.1%) | 0.00 | 199 |
2023-12-01 | $559,000 (-10.3%) | $781,212 (8.6%) | 0.00 | 169 |
2024-01-01 | $596,500 (-1.5%) | $806,906 (20.5%) | 0.00 | 151 |
2024-02-01 | $591,950 (-3.6%) | $843,651 (23.2%) | 0.00 | 154 |
2024-03-01 | $625,000 (2.6%) | $889,803 (25.6%) | 0.00 | 161 |
2024-04-01 | $624,999 (-0.6%) | $860,467 (11.2%) | 0.00 | 170 |
2024-05-01 | $624,999 (-1.9%) | $903,441 (13.3%) | 0.00 | 194 |
2024-06-01 | $625,000 (-0.6%) | $955,421 (17.3%) | 0.00 | 215 |
2024-07-01 | $649,750 (4.0%) | $950,549 (17.5%) | 0.00 | 231 |
2024-08-01 | $650,000 (8.4%) | $961,307 (23.0%) | 0.00 | 242 |
2024-09-01 | $640,000 (6.8%) | $930,650 (17.6%) | 0.00 | 244 |
2024-10-01 | $623,749 (4.1%) | $902,529 (12.9%) | 0.00 | 240 |
Astoria's median listing price comes in at 0% of the national average.
Astoria's average listing price for 2024-10-01 was $902,529, a difference of $103,110 (12.9%) versus the prior year and $-28,121 versus the prior month.
For the 2024-10-01 period, Astoria had 240 MLS listings, a difference of -4 listings (-2%) versus the prior month and 31 listings (15%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Astoria (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,740 sqft |
2018-02-01 | 0 days | 1,851 sqft |
2018-03-01 | 0 days | 1,877 sqft |
2018-04-01 | 0 days | 1,878 sqft |
2018-05-01 | 0 days | 1,926 sqft |
2018-06-01 | 0 days | 1,960 sqft |
2018-07-01 | 0 days | 1,947 sqft |
2018-08-01 | 0 days | 2,000 sqft |
2018-09-01 | 0 days | 1,998 sqft |
2018-10-01 | 0 days | 1,916 sqft |
2018-11-01 | 0 days | 1,881 sqft |
2018-12-01 | 0 days | 1,791 sqft |
2019-01-01 | 0 days | 1,779 sqft |
2019-02-01 | 0 days | 1,872 sqft |
2019-03-01 | 0 days | 1,897 sqft |
2019-04-01 | 0 days | 1,920 sqft |
2019-05-01 | 0 days | 1,913 sqft |
2019-06-01 | 0 days | 1,922 sqft |
2019-07-01 | 0 days | 1,914 sqft |
2019-08-01 | 0 days | 1,943 sqft |
2019-09-01 | 0 days | 1,973 sqft |
2019-10-01 | 0 days | 1,994 sqft |
2019-11-01 | 0 days | 2,033 sqft |
2019-12-01 | 0 days | 2,046 sqft |
2020-01-01 | 0 days | 2,057 sqft |
2020-02-01 | 0 days | 1,936 sqft |
2020-03-01 | 0 days | 1,922 sqft |
2020-04-01 | 0 days | 1,936 sqft |
2020-05-01 | 0 days | 1,908 sqft |
2020-06-01 | 0 days | 1,889 sqft |
2020-07-01 | 0 days | 1,888 sqft |
2020-08-01 | 0 days | 1,991 sqft |
2020-09-01 | 0 days | 1,898 sqft |
2020-10-01 | 0 days | 1,819 sqft |
2020-11-01 | 0 days | 1,829 sqft |
2020-12-01 | 0 days | 1,762 sqft |
2021-01-01 | 0 days | 1,771 sqft |
2021-02-01 | 0 days | 1,764 sqft |
2021-03-01 | 0 days | 1,756 sqft |
2021-04-01 | 0 days | 1,847 sqft |
2021-05-01 | 0 days | 1,970 sqft |
2021-06-01 | 0 days | 1,893 sqft |
2021-07-01 | 0 days | 1,898 sqft |
2021-08-01 | 0 days | 1,862 sqft |
2021-09-01 | 0 days | 1,857 sqft |
2021-10-01 | 0 days | 1,854 sqft |
2021-11-01 | 0 days | 1,792 sqft |
2021-12-01 | 0 days | 1,710 sqft |
2022-01-01 | 0 days | 1,704 sqft |
2022-02-01 | 0 days | 1,782 sqft |
2022-03-01 | 0 days | 1,921 sqft |
2022-04-01 | 0 days | 1,805 sqft |
2022-05-01 | 0 days | 1,917 sqft |
2022-06-01 | 0 days | 1,903 sqft |
2022-07-01 | 0 days | 1,806 sqft |
2022-08-01 | 0 days | 1,790 sqft |
2022-09-01 | 0 days | 1,829 sqft |
2022-10-01 | 0 days | 1,766 sqft |
2022-11-01 | 0 days | 1,745 sqft |
2022-12-01 | 0 days | 1,742 sqft |
2023-01-01 | 0 days | 1,750 sqft |
2023-02-01 | 0 days | 1,763 sqft |
2023-03-01 | 0 days | 1,763 sqft |
2023-04-01 | 0 days | 1,845 sqft |
2023-05-01 | 0 days | 1,915 sqft |
2023-06-01 | 0 days | 1,999 sqft |
2023-07-01 | 0 days | 1,872 sqft |
2023-08-01 | 0 days | 1,852 sqft |
2023-09-01 | 0 days | 1,849 sqft |
2023-10-01 | 0 days | 1,878 sqft |
2023-11-01 | 0 days | 1,898 sqft |
2023-12-01 | 0 days | 1,824 sqft |
2024-01-01 | 0 days | 1,866 sqft |
2024-02-01 | 0 days | 1,911 sqft |
2024-03-01 | 0 days | 1,936 sqft |
2024-04-01 | 0 days | 1,939 sqft |
2024-05-01 | 0 days | 1,961 sqft |
2024-06-01 | 0 days | 1,991 sqft |
2024-07-01 | 0 days | 1,979 sqft |
2024-08-01 | 0 days | 2,004 sqft |
2024-09-01 | 0 days | 2,010 sqft |
2024-10-01 | 0 days | 1,981 sqft |
Astoria's median square footage for active listings during the 2024-10-01 period was 1,981 sqft. One year prior, the average listing was 1,878 sqft.