Anniston USDA Loan Rates, Closing Costs & Stats
ANNISTON-OXFORD, AL
USDA loans are zero-downpayment loans targeted towards lower-income households in rural areas. They can be made directly by the US Department of Agriculture or through a participating lender-- and they typically to borrowers with credit scores over 640. They can have subsidized rates, making them very competitive in terms of cost, but they have more stringent standards on who is eligible as well as specific covenants such as only being available in rural areas and limits on home size.
Anniston's 14 lenders originated 40 USDA loans during 2023. The total origination value was $6,370,000, with an average USDA loan value of $159,250.
Anniston USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Anniston
averaged
6.13%
for the week of 2024-10-11, compared to the national average (all USDA variants) of
6.08% for the same period.
Anniston's average USDA mortgage closing costs are $4,264.
The average rate for the prior week (2024-10-04) was
5.92% and
one month ago for the week of 2024-09-06, the
average rate was 6.31%.
The average rate one year ago was 7.61%.
For refis of the same type during the week of 2024-10-11, the average rate
was 5.88%.
Anniston USDA Loan Lenders by Rates & Fees
The below table looks at the average fees/closing costs and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Anniston level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 13 | 6.72% | $5,593 |
VANDERBILT MORTGAGE AND FINANCE, INC. | 7 | 6.64% | $5,609 |
Renasant Bank | 3 | 6.25% | $6,087 |
SouthPoint Bank | 3 | 6.33% | $2,537 |
SUCCESS MORTGAGE PARTNERS, INC. | 2 | 6.63% | $7,404 |
FIRST COMMUNITY MORTGAGE, INC. | 2 | 6.69% | $6,429 |
Ameris Bank | 2 | 6.69% | $5,382 |
GUILD MORTGAGE COMPANY | 2 | 6.63% | $6,375 |
METROPLEX MORTGAGE SERVICES, INC. | 1 | 6.88% | $6,935 |
ATLANTIC BAY MORTGAGE GROUP, L.L.C. | 1 | 7.63% | $6,747 |
FirstBank | 1 | 5.63% | $6,340 |
ACOPIA, LLC | 1 | 7.63% | $9,097 |
MOVEMENT MORTGAGE, LLC | 1 | 5.75% | $5,828 |
NEWREZ LLC | 1 | 6.75% | $3,843 |
The top Anniston USDA lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with
13 USDA loans originated. Their average total fees are
$5,593, which is $16
lower than the next largest lender,
VANDERBILT MORTGAGE AND FINANCE, INC..
The lowest fee Anniston USDA lenders (with over 10 loans originated) are
FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($5,593), .
The lowest rate Anniston USDA lenders (with over 10 loans originated) are
FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.72%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Anniston (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 | $119,900 (9.1%) | $152,178 (7.0%) | 0.00 | 482 |
2018-02-01 | $118,250 (0.7%) | $148,230 (0.1%) | 0.00 | 504 |
2018-03-01 | $119,250 (-0.5%) | $150,358 (-1.6%) | 0.00 | 491 |
2018-04-01 | $119,925 (-0.9%) | $155,667 (1.6%) | 0.00 | 477 |
2018-05-01 | $121,450 (1.3%) | $159,421 (5.2%) | 0.00 | 465 |
2018-06-01 | $124,900 (4.1%) | $159,461 (4.3%) | 0.00 | 476 |
2018-07-01 | $125,975 (0.8%) | $157,995 (2.0%) | 0.00 | 489 |
2018-08-01 | $124,900 (0.0%) | $153,433 (-1.8%) | 0.00 | 509 |
2018-09-01 | $124,900 (5.0%) | $152,804 (0.8%) | 0.00 | 495 |
2018-10-01 | $124,900 (7.8%) | $158,790 (4.5%) | 0.00 | 480 |
2018-11-01 | $125,000 (5.0%) | $164,160 (8.6%) | 0.00 | 461 |
2018-12-01 | $125,000 (4.2%) | $166,912 (8.9%) | 0.00 | 449 |
2019-01-01 | $119,800 (-0.1%) | $162,130 (6.5%) | 0.00 | 436 |
2019-02-01 | $119,900 (1.4%) | $163,701 (10.4%) | 0.00 | 406 |
2019-03-01 | $123,029 (3.2%) | $169,435 (12.7%) | 0.00 | 381 |
2019-04-01 | $128,550 (7.2%) | $174,725 (12.2%) | 0.00 | 368 |
2019-05-01 | $133,450 (9.9%) | $180,892 (13.5%) | 0.00 | 375 |
2019-06-01 | $134,950 (8.1%) | $182,809 (14.6%) | 0.00 | 372 |
2019-07-01 | $144,150 (14.4%) | $189,453 (19.9%) | 0.00 | 376 |
2019-08-01 | $142,200 (13.9%) | $186,627 (21.6%) | 0.00 | 390 |
2019-09-01 | $138,150 (10.6%) | $182,175 (19.2%) | 0.00 | 401 |
2019-10-01 | $135,900 (8.8%) | $179,878 (13.3%) | 0.00 | 408 |
2019-11-01 | $135,500 (8.4%) | $182,411 (11.1%) | 0.00 | 389 |
2019-12-01 | $139,575 (11.7%) | $182,975 (9.6%) | 0.00 | 380 |
2020-01-01 | $139,450 (16.4%) | $182,927 (12.8%) | 0.00 | 380 |
2020-02-01 | $140,000 (16.8%) | $183,249 (11.9%) | 0.00 | 388 |
2020-03-01 | $139,950 (13.8%) | $185,265 (9.3%) | 0.00 | 357 |
2020-04-01 | $139,900 (8.8%) | $181,491 (3.9%) | 0.00 | 359 |
2020-05-01 | $139,900 (4.8%) | $178,863 (-1.1%) | 0.00 | 347 |
2020-06-01 | $139,900 (3.7%) | $185,223 (1.3%) | 0.00 | 316 |
2020-07-01 | $141,225 (-2.0%) | $184,666 (-2.5%) | 0.00 | 321 |
2020-08-01 | $150,200 (5.6%) | $189,844 (1.7%) | 0.00 | 274 |
2020-09-01 | $153,675 (11.2%) | $195,376 (7.3%) | 0.00 | 233 |
2020-10-01 | $154,900 (14.0%) | $197,226 (9.6%) | 0.00 | 222 |
2020-11-01 | $159,900 (18.0%) | $198,266 (8.7%) | 0.00 | 199 |
2020-12-01 | $150,150 (7.6%) | $185,026 (1.1%) | 0.00 | 199 |
2021-01-01 | $149,900 (7.5%) | $188,349 (3.0%) | 0.00 | 184 |
2021-02-01 | $153,900 (9.9%) | $181,095 (-1.2%) | 0.00 | 172 |
2021-03-01 | $154,900 (10.7%) | $183,937 (-0.7%) | 0.00 | 149 |
2021-04-01 | $167,450 (19.7%) | $211,619 (16.6%) | 0.00 | 131 |
2021-05-01 | $164,950 (17.9%) | $208,164 (16.4%) | 0.00 | 131 |
2021-06-01 | $164,950 (17.9%) | $203,238 (9.7%) | 0.00 | 140 |
2021-07-01 | $179,900 (27.4%) | $215,237 (16.6%) | 0.00 | 155 |
2021-08-01 | $178,400 (18.8%) | $223,495 (17.7%) | 0.00 | 163 |
2021-09-01 | $187,400 (22.0%) | $230,843 (18.2%) | 0.00 | 166 |
2021-10-01 | $179,900 (16.1%) | $235,935 (19.6%) | 0.00 | 158 |
2021-11-01 | $189,675 (18.6%) | $238,366 (20.2%) | 0.00 | 165 |
2021-12-01 | $173,700 (15.7%) | $242,192 (30.9%) | 0.00 | 157 |
2022-01-01 | $166,000 (10.7%) | $231,041 (22.7%) | 0.00 | 153 |
2022-02-01 | $158,650 (3.1%) | $206,191 (13.9%) | 0.00 | 155 |
2022-03-01 | $146,175 (-5.6%) | $204,752 (11.3%) | 0.00 | 146 |
2022-04-01 | $153,500 (-8.3%) | $201,257 (-4.9%) | 0.00 | 153 |
2022-05-01 | $164,950 (0.0%) | $212,315 (2.0%) | 0.00 | 170 |
2022-06-01 | $178,450 (8.2%) | $215,451 (6.0%) | 0.00 | 190 |
2022-07-01 | $175,000 (-2.7%) | $203,109 (-5.6%) | 0.00 | 220 |
2022-08-01 | $182,650 (2.4%) | $214,199 (-4.2%) | 0.00 | 230 |
2022-09-01 | $185,575 (-1.0%) | $221,363 (-4.1%) | 0.00 | 231 |
2022-10-01 | $187,450 (4.2%) | $238,103 (0.9%) | 0.00 | 233 |
2022-11-01 | $187,050 (-1.4%) | $243,385 (2.1%) | 0.00 | 243 |
2022-12-01 | $179,000 (3.1%) | $238,517 (-1.5%) | 0.00 | 231 |
2023-01-01 | $182,999 (10.2%) | $242,261 (4.9%) | 0.00 | 208 |
2023-02-01 | $173,775 (9.5%) | $241,285 (17.0%) | 0.00 | 197 |
2023-03-01 | $178,875 (22.4%) | $251,455 (22.8%) | 0.00 | 163 |
2023-04-01 | $179,450 (16.9%) | $251,262 (24.9%) | 0.00 | 174 |
2023-05-01 | $197,675 (19.8%) | $259,884 (22.4%) | 0.00 | 181 |
2023-06-01 | $194,450 (9.0%) | $252,704 (17.3%) | 0.00 | 175 |
2023-07-01 | $199,900 (14.2%) | $259,247 (27.6%) | 0.00 | 195 |
2023-08-01 | $204,900 (12.2%) | $257,515 (20.2%) | 0.00 | 195 |
2023-09-01 | $202,450 (9.1%) | $258,382 (16.7%) | 0.00 | 212 |
2023-10-01 | $199,900 (6.6%) | $251,565 (5.7%) | 0.00 | 233 |
2023-11-01 | $208,155 (11.3%) | $251,700 (3.4%) | 0.00 | 223 |
2023-12-01 | $199,900 (11.7%) | $246,919 (3.5%) | 0.00 | 226 |
2024-01-01 | $201,250 (10.0%) | $244,523 (0.9%) | 0.00 | 214 |
2024-02-01 | $207,661 (19.5%) | $242,601 (0.6%) | 0.00 | 204 |
2024-03-01 | $200,000 (11.8%) | $245,252 (-2.5%) | 0.00 | 212 |
2024-04-01 | $207,400 (15.6%) | $251,555 (0.1%) | 0.00 | 203 |
2024-05-01 | $214,675 (8.6%) | $255,526 (-1.7%) | 0.00 | 210 |
2024-06-01 | $215,000 (10.6%) | $250,452 (-0.9%) | 0.00 | 250 |
2024-07-01 | $219,900 (10.0%) | $252,938 (-2.4%) | 0.00 | 274 |
2024-08-01 | $215,000 (4.9%) | $251,298 (-2.4%) | 0.00 | 285 |
2024-09-01 | $214,925 (6.2%) | $245,859 (-4.9%) | 0.00 | 301 |
Anniston's median listing price comes in at 0% of the national average.
Anniston's average listing price for 2024-09-01 was $245,859, a difference of $-12,523 (-4.9%) versus the prior year and $-5,439 versus the prior month.
For the 2024-09-01 period, Anniston had 301 MLS listings, a difference of 16 listings (6%) versus the prior month and 89 listings (42%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Anniston (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,757 sqft |
2018-02-01 | 0 days | 1,674 sqft |
2018-03-01 | 0 days | 1,653 sqft |
2018-04-01 | 0 days | 1,667 sqft |
2018-05-01 | 0 days | 1,660 sqft |
2018-06-01 | 0 days | 1,658 sqft |
2018-07-01 | 0 days | 1,662 sqft |
2018-08-01 | 0 days | 1,662 sqft |
2018-09-01 | 0 days | 1,648 sqft |
2018-10-01 | 0 days | 1,642 sqft |
2018-11-01 | 0 days | 1,663 sqft |
2018-12-01 | 0 days | 1,653 sqft |
2019-01-01 | 0 days | 1,626 sqft |
2019-02-01 | 0 days | 1,642 sqft |
2019-03-01 | 0 days | 1,654 sqft |
2019-04-01 | 0 days | 1,647 sqft |
2019-05-01 | 0 days | 1,662 sqft |
2019-06-01 | 0 days | 1,706 sqft |
2019-07-01 | 0 days | 1,737 sqft |
2019-08-01 | 0 days | 1,743 sqft |
2019-09-01 | 0 days | 1,752 sqft |
2019-10-01 | 0 days | 1,750 sqft |
2019-11-01 | 0 days | 1,744 sqft |
2019-12-01 | 0 days | 1,756 sqft |
2020-01-01 | 0 days | 1,775 sqft |
2020-02-01 | 0 days | 1,825 sqft |
2020-03-01 | 0 days | 1,852 sqft |
2020-04-01 | 0 days | 1,842 sqft |
2020-05-01 | 0 days | 1,830 sqft |
2020-06-01 | 0 days | 1,840 sqft |
2020-07-01 | 0 days | 1,849 sqft |
2020-08-01 | 0 days | 1,845 sqft |
2020-09-01 | 0 days | 1,831 sqft |
2020-10-01 | 0 days | 1,823 sqft |
2020-11-01 | 0 days | 1,806 sqft |
2020-12-01 | 0 days | 1,770 sqft |
2021-01-01 | 0 days | 1,781 sqft |
2021-02-01 | 0 days | 1,765 sqft |
2021-03-01 | 0 days | 1,748 sqft |
2021-04-01 | 0 days | 1,845 sqft |
2021-05-01 | 0 days | 1,830 sqft |
2021-06-01 | 0 days | 1,890 sqft |
2021-07-01 | 0 days | 1,889 sqft |
2021-08-01 | 0 days | 1,846 sqft |
2021-09-01 | 0 days | 1,900 sqft |
2021-10-01 | 0 days | 1,889 sqft |
2021-11-01 | 0 days | 1,961 sqft |
2021-12-01 | 0 days | 1,947 sqft |
2022-01-01 | 0 days | 1,784 sqft |
2022-02-01 | 0 days | 1,589 sqft |
2022-03-01 | 0 days | 1,615 sqft |
2022-04-01 | 0 days | 1,614 sqft |
2022-05-01 | 0 days | 1,717 sqft |
2022-06-01 | 0 days | 1,746 sqft |
2022-07-01 | 0 days | 1,775 sqft |
2022-08-01 | 0 days | 1,795 sqft |
2022-09-01 | 0 days | 1,793 sqft |
2022-10-01 | 0 days | 1,853 sqft |
2022-11-01 | 0 days | 1,842 sqft |
2022-12-01 | 0 days | 1,812 sqft |
2023-01-01 | 0 days | 1,771 sqft |
2023-02-01 | 0 days | 1,757 sqft |
2023-03-01 | 0 days | 1,767 sqft |
2023-04-01 | 0 days | 1,700 sqft |
2023-05-01 | 0 days | 1,811 sqft |
2023-06-01 | 0 days | 1,836 sqft |
2023-07-01 | 0 days | 1,883 sqft |
2023-08-01 | 0 days | 1,841 sqft |
2023-09-01 | 0 days | 1,860 sqft |
2023-10-01 | 0 days | 1,813 sqft |
2023-11-01 | 0 days | 1,792 sqft |
2023-12-01 | 0 days | 1,779 sqft |
2024-01-01 | 0 days | 1,764 sqft |
2024-02-01 | 0 days | 1,732 sqft |
2024-03-01 | 0 days | 1,756 sqft |
2024-04-01 | 0 days | 1,750 sqft |
2024-05-01 | 0 days | 1,749 sqft |
2024-06-01 | 0 days | 1,724 sqft |
2024-07-01 | 0 days | 1,786 sqft |
2024-08-01 | 0 days | 1,800 sqft |
2024-09-01 | 0 days | 1,773 sqft |
Anniston's median square footage for active listings during the 2024-09-01 period was 1,773 sqft. One year prior, the average listing was 1,860 sqft.