The Dalles FHA Loan Rates, Closing Costs & Stats
The Dalles, 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.
The Dalles's 25 lenders originated 81 FHA loans during 2023. The total origination value was $26,395,000, with an average FHA loan value of $325,864.
The Dalles FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in The Dalles
averaged
-0.2%
for the week of 2024-11-29, compared to the national average (all FHA variants) of
0% for the same period.
The Dalles's average FHA mortgage closing costs are $9,845.
The average rate for the prior week (2024-11-22) was
6.69% and
one month ago for the week of 2024-10-25, the
average rate was 6.47%.
The average rate one year ago was 7.26%.
For refis of the same type during the week of 2024-11-29, the average rate
was 0.2%.
The Dalles 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 The Dalles level.
The top The Dalles FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
17 FHA loans originated. Their average total fees are
$11,893, which is $4,037
lower than the next largest lender,
FAIRWAY INDEPENDENT MORTGAGE CORPORATION.
The lowest fee The Dalles FHA lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC ($11,893), .
The lowest rate The Dalles FHA lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC (6.52%), .
The Dalles FHA Loan Limits
Metro | County | Year | Single Family Limit | 2 Family Limit | 3 Family Limit | 4 Family Limit |
---|---|---|---|---|---|---|
THE DALLES, OR | WASCO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
THE DALLES, OR | WASCO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - The Dalles (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 | $283,700 (5.9%) | $325,223 (5.6%) | 0.00 | 61 |
2018-02-01 | $293,450 (6.7%) | $336,418 (3.4%) | 0.00 | 51 |
2018-03-01 | $295,000 (5.7%) | $345,863 (8.2%) | 0.00 | 55 |
2018-04-01 | $329,000 (16.7%) | $357,346 (8.3%) | 0.00 | 65 |
2018-05-01 | $329,000 (13.6%) | $369,903 (11.9%) | 0.00 | 64 |
2018-06-01 | $330,000 (3.6%) | $381,844 (11.7%) | 0.00 | 71 |
2018-07-01 | $326,950 (-2.8%) | $370,171 (-4.3%) | 0.00 | 72 |
2018-08-01 | $329,000 (-4.3%) | $372,701 (-3.2%) | 0.00 | 85 |
2018-09-01 | $304,925 (-10.3%) | $363,596 (-4.0%) | 0.00 | 82 |
2018-10-01 | $301,975 (-5.2%) | $368,148 (-0.8%) | 0.00 | 80 |
2018-11-01 | $308,450 (4.3%) | $381,059 (6.1%) | 0.00 | 82 |
2018-12-01 | $315,000 (7.9%) | $395,051 (11.7%) | 0.00 | 73 |
2019-01-01 | $321,000 (13.2%) | $384,347 (18.2%) | 0.00 | 73 |
2019-02-01 | $315,000 (7.3%) | $382,147 (13.6%) | 0.00 | 74 |
2019-03-01 | $328,714 (11.4%) | $386,513 (11.8%) | 0.00 | 70 |
2019-04-01 | $348,000 (5.8%) | $405,648 (13.5%) | 0.00 | 71 |
2019-05-01 | $342,000 (4.0%) | $420,071 (13.6%) | 0.00 | 70 |
2019-06-01 | $347,000 (5.2%) | $416,300 (9.0%) | 0.00 | 97 |
2019-07-01 | $354,900 (8.6%) | $428,179 (15.7%) | 0.00 | 99 |
2019-08-01 | $348,455 (5.9%) | $430,732 (15.6%) | 0.00 | 102 |
2019-09-01 | $347,636 (14.0%) | $435,863 (19.9%) | 0.00 | 105 |
2019-10-01 | $347,000 (14.9%) | $435,686 (18.4%) | 0.00 | 101 |
2019-11-01 | $338,450 (9.7%) | $431,085 (13.1%) | 0.00 | 92 |
2019-12-01 | $318,675 (1.2%) | $420,819 (6.5%) | 0.00 | 85 |
2020-01-01 | $336,700 (4.9%) | $440,707 (14.7%) | 0.00 | 74 |
2020-02-01 | $344,450 (9.4%) | $446,586 (16.9%) | 0.00 | 72 |
2020-03-01 | $349,450 (6.3%) | $461,096 (19.3%) | 0.00 | 76 |
2020-04-01 | $347,000 (-0.3%) | $451,675 (11.4%) | 0.00 | 85 |
2020-05-01 | $349,000 (2.1%) | $456,461 (8.7%) | 0.00 | 85 |
2020-06-01 | $334,700 (-3.5%) | $441,045 (5.9%) | 0.00 | 71 |
2020-07-01 | $342,250 (-3.6%) | $449,144 (4.9%) | 0.00 | 67 |
2020-08-01 | $349,000 (0.2%) | $450,506 (4.6%) | 0.00 | 65 |
2020-09-01 | $349,000 (0.4%) | $465,625 (6.8%) | 0.00 | 60 |
2020-10-01 | $349,900 (0.8%) | $502,737 (15.4%) | 0.00 | 50 |
2020-11-01 | $374,950 (10.8%) | $513,337 (19.1%) | 0.00 | 45 |
2020-12-01 | $365,013 (14.5%) | $528,689 (25.6%) | 0.00 | 41 |
2021-01-01 | $401,900 (19.4%) | $538,220 (22.1%) | 0.00 | 33 |
2021-02-01 | $386,950 (12.3%) | $525,368 (17.6%) | 0.00 | 34 |
2021-03-01 | $394,225 (12.8%) | $537,463 (16.6%) | 0.00 | 30 |
2021-04-01 | $444,500 (28.1%) | $596,111 (32.0%) | 0.00 | 26 |
2021-05-01 | $389,000 (11.5%) | $532,899 (16.8%) | 0.00 | 29 |
2021-06-01 | $382,975 (14.4%) | $526,353 (19.3%) | 0.00 | 33 |
2021-07-01 | $393,750 (15.1%) | $573,117 (27.6%) | 0.00 | 23 |
2021-08-01 | $417,500 (19.6%) | $680,263 (51.0%) | 0.00 | 27 |
2021-09-01 | $422,075 (20.9%) | $655,888 (40.9%) | 0.00 | 40 |
2021-10-01 | $492,500 (40.8%) | $702,593 (39.8%) | 0.00 | 34 |
2021-11-01 | $477,225 (27.3%) | $701,535 (36.7%) | 0.00 | 31 |
2021-12-01 | $489,725 (34.2%) | $741,284 (40.2%) | 0.00 | 24 |
2022-01-01 | $489,000 (21.7%) | $683,872 (27.1%) | 0.00 | 21 |
2022-02-01 | $413,500 (6.9%) | $615,088 (17.1%) | 0.00 | 23 |
2022-03-01 | $431,150 (9.4%) | $590,742 (9.9%) | 0.00 | 22 |
2022-04-01 | $447,000 (0.6%) | $626,975 (5.2%) | 0.00 | 22 |
2022-05-01 | $480,250 (23.5%) | $689,288 (29.4%) | 0.00 | 38 |
2022-06-01 | $474,500 (23.9%) | $701,527 (33.3%) | 0.00 | 42 |
2022-07-01 | $440,000 (11.8%) | $618,705 (8.0%) | 0.00 | 58 |
2022-08-01 | $415,500 (-0.5%) | $590,014 (-13.3%) | 0.00 | 60 |
2022-09-01 | $423,750 (0.4%) | $592,181 (-9.7%) | 0.00 | 63 |
2022-10-01 | $440,000 (-10.7%) | $624,474 (-11.1%) | 0.00 | 61 |
2022-11-01 | $447,125 (-6.3%) | $651,177 (-7.2%) | 0.00 | 61 |
2022-12-01 | $455,000 (-7.1%) | $668,691 (-9.8%) | 0.00 | 53 |
2023-01-01 | $470,000 (-3.9%) | $695,993 (1.8%) | 0.00 | 48 |
2023-02-01 | $450,000 (8.8%) | $683,552 (11.1%) | 0.00 | 49 |
2023-03-01 | $450,000 (4.4%) | $670,437 (13.5%) | 0.00 | 51 |
2023-04-01 | $479,000 (7.2%) | $695,123 (10.9%) | 0.00 | 49 |
2023-05-01 | $495,000 (3.1%) | $713,312 (3.5%) | 0.00 | 52 |
2023-06-01 | $540,000 (13.8%) | $743,311 (6.0%) | 0.00 | 57 |
2023-07-01 | $459,900 (4.5%) | $685,245 (10.8%) | 0.00 | 58 |
2023-08-01 | $468,250 (12.7%) | $681,515 (15.5%) | 0.00 | 62 |
2023-09-01 | $430,000 (1.5%) | $635,517 (7.3%) | 0.00 | 63 |
2023-10-01 | $455,000 (3.4%) | $639,773 (2.5%) | 0.00 | 63 |
2023-11-01 | $449,000 (0.4%) | $615,823 (-5.4%) | 0.00 | 58 |
2023-12-01 | $430,000 (-5.5%) | $658,505 (-1.5%) | 0.00 | 51 |
2024-01-01 | $423,500 (-9.9%) | $703,913 (1.1%) | 0.00 | 44 |
2024-02-01 | $422,500 (-6.1%) | $736,001 (7.7%) | 0.00 | 41 |
2024-03-01 | $427,000 (-5.1%) | $699,431 (4.3%) | 0.00 | 51 |
2024-04-01 | $429,950 (-10.2%) | $665,981 (-4.2%) | 0.00 | 61 |
2024-05-01 | $444,500 (-10.2%) | $672,061 (-5.8%) | 0.00 | 71 |
2024-06-01 | $484,900 (-10.2%) | $694,647 (-6.6%) | 0.00 | 83 |
2024-07-01 | $473,725 (3.0%) | $629,175 (-8.2%) | 0.00 | 109 |
2024-08-01 | $484,950 (3.6%) | $726,459 (6.6%) | 0.00 | 115 |
2024-09-01 | $490,975 (14.2%) | $736,420 (15.9%) | 0.00 | 116 |
2024-10-01 | $475,000 (4.4%) | $736,352 (15.1%) | 0.00 | 104 |
The Dalles's median listing price comes in at 0% of the national average.
The Dalles's average listing price for 2024-10-01 was $736,352, a difference of $96,579 (15.1%) versus the prior year and $-68 versus the prior month.
For the 2024-10-01 period, The Dalles had 104 MLS listings, a difference of -12 listings (-10%) versus the prior month and 41 listings (65%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - The Dalles (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,877 sqft |
2018-02-01 | 0 days | 1,817 sqft |
2018-03-01 | 0 days | 1,884 sqft |
2018-04-01 | 0 days | 1,910 sqft |
2018-05-01 | 0 days | 1,966 sqft |
2018-06-01 | 0 days | 2,052 sqft |
2018-07-01 | 0 days | 2,033 sqft |
2018-08-01 | 0 days | 2,009 sqft |
2018-09-01 | 0 days | 1,916 sqft |
2018-10-01 | 0 days | 1,863 sqft |
2018-11-01 | 0 days | 1,858 sqft |
2018-12-01 | 0 days | 1,940 sqft |
2019-01-01 | 0 days | 1,910 sqft |
2019-02-01 | 0 days | 1,942 sqft |
2019-03-01 | 0 days | 1,997 sqft |
2019-04-01 | 0 days | 2,003 sqft |
2019-05-01 | 0 days | 2,004 sqft |
2019-06-01 | 0 days | 1,969 sqft |
2019-07-01 | 0 days | 2,006 sqft |
2019-08-01 | 0 days | 2,021 sqft |
2019-09-01 | 0 days | 2,072 sqft |
2019-10-01 | 0 days | 2,131 sqft |
2019-11-01 | 0 days | 2,047 sqft |
2019-12-01 | 0 days | 1,949 sqft |
2020-01-01 | 0 days | 1,880 sqft |
2020-02-01 | 0 days | 1,880 sqft |
2020-03-01 | 0 days | 1,935 sqft |
2020-04-01 | 0 days | 1,880 sqft |
2020-05-01 | 0 days | 1,976 sqft |
2020-06-01 | 0 days | 1,981 sqft |
2020-07-01 | 0 days | 2,008 sqft |
2020-08-01 | 0 days | 1,924 sqft |
2020-09-01 | 0 days | 1,911 sqft |
2020-10-01 | 0 days | 1,956 sqft |
2020-11-01 | 0 days | 1,969 sqft |
2020-12-01 | 0 days | 1,910 sqft |
2021-01-01 | 0 days | 2,000 sqft |
2021-02-01 | 0 days | 2,013 sqft |
2021-03-01 | 0 days | 1,843 sqft |
2021-04-01 | 0 days | 2,098 sqft |
2021-05-01 | 0 days | 1,804 sqft |
2021-06-01 | 0 days | 1,646 sqft |
2021-07-01 | 0 days | 1,716 sqft |
2021-08-01 | 0 days | 1,985 sqft |
2021-09-01 | 0 days | 1,874 sqft |
2021-10-01 | 0 days | 2,076 sqft |
2021-11-01 | 0 days | 2,026 sqft |
2021-12-01 | 0 days | 1,915 sqft |
2022-01-01 | 0 days | 1,902 sqft |
2022-02-01 | 0 days | 1,688 sqft |
2022-03-01 | 0 days | 1,591 sqft |
2022-04-01 | 0 days | 1,750 sqft |
2022-05-01 | 0 days | 1,902 sqft |
2022-06-01 | 0 days | 1,768 sqft |
2022-07-01 | 0 days | 1,815 sqft |
2022-08-01 | 0 days | 1,794 sqft |
2022-09-01 | 0 days | 1,914 sqft |
2022-10-01 | 0 days | 1,864 sqft |
2022-11-01 | 0 days | 1,865 sqft |
2022-12-01 | 0 days | 1,880 sqft |
2023-01-01 | 0 days | 1,876 sqft |
2023-02-01 | 0 days | 1,802 sqft |
2023-03-01 | 0 days | 1,845 sqft |
2023-04-01 | 0 days | 1,815 sqft |
2023-05-01 | 0 days | 1,927 sqft |
2023-06-01 | 0 days | 1,958 sqft |
2023-07-01 | 0 days | 1,940 sqft |
2023-08-01 | 0 days | 1,930 sqft |
2023-09-01 | 0 days | 1,929 sqft |
2023-10-01 | 0 days | 1,892 sqft |
2023-11-01 | 0 days | 2,019 sqft |
2023-12-01 | 0 days | 1,932 sqft |
2024-01-01 | 0 days | 1,975 sqft |
2024-02-01 | 0 days | 1,860 sqft |
2024-03-01 | 0 days | 2,027 sqft |
2024-04-01 | 0 days | 1,918 sqft |
2024-05-01 | 0 days | 1,899 sqft |
2024-06-01 | 0 days | 1,924 sqft |
2024-07-01 | 0 days | 1,920 sqft |
2024-08-01 | 0 days | 1,982 sqft |
2024-09-01 | 0 days | 2,006 sqft |
2024-10-01 | 0 days | 2,100 sqft |
The Dalles's median square footage for active listings during the 2024-10-01 period was 2,100 sqft. One year prior, the average listing was 1,892 sqft.