Athens USDA Loan Rates, Closing Costs & Stats

Athens, TX

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    • 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.

    Athens's 13 lenders originated 23 USDA loans during 2021. The total origination value was $4,035,000, with an average USDA loan value of $175,435.

    Athens USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Athens averaged 6.41% for the week of 2023-01-27, compared to the national average (all USDA variants) of 6.195% for the same period.

    Athens's average USDA mortgage closing costs are $5,565.

    The average rate for the prior week (2023-01-20) was 6.3% and one month ago for the week of 2022-12-23, the average rate was 6.43%.

    The average rate one year ago was 3.68%.

    For refis of the same type during the week of 2023-01-27, the average rate was 5.96%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Athens 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 Athens level.

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 3.16% $7,593
    MORTGAGE FINANCIAL SERVICES, LLC 4 3.13% $5,996
    First Guaranty Mortgage Corporation 2 2.81% $9,025
    GUILD MORTGAGE COMPANY 2 3.06% $6,959
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 2.69% $6,925
    PENNYMAC LOAN SERVICES, LLC 1 2.88% $3,590
    UNITED MORTGAGE CORP. 1 3.13% $6,996
    AMERICAN FINANCIAL NETWORK, INC. 1 3.88% $13,230
    VAN DYK MORTGAGE CORPORATION 1 3.25% $3,000
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 2.75% $6,566
    COUNTRYPLACE MORTGAGE, LTD. 1 2.75% $12,610
    FINANCE OF AMERICA MORTGAGE LLC 1 3.25% $6,443
    LOANDEPOT.COM, LLC 1 2.88% $6,575

    The top Athens USDA lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 4 USDA loans originated. Their average total fees are $7,593, which is $1,597 higher than the next largest lender, MORTGAGE FINANCIAL SERVICES, LLC.

    The lowest fee Athens USDA lenders (with over 10 loans originated) are .

    The lowest rate Athens USDA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Athens (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $254,500 (6.3%) $426,686 (12.5%) 0.00 503
    2018-02-01 $264,450 (10.2%) $439,325 (18.6%) 0.00 515
    2018-03-01 $284,500 (12.9%) $437,036 (14.2%) 0.00 506
    2018-04-01 $282,475 (13.0%) $435,639 (13.8%) 0.00 539
    2018-05-01 $294,450 (15.7%) $446,906 (12.1%) 0.00 545
    2018-06-01 $285,000 (9.7%) $449,360 (14.1%) 0.00 577
    2018-07-01 $274,500 (6.9%) $420,456 (8.0%) 0.00 562
    2018-08-01 $249,800 (-2.4%) $392,144 (-3.4%) 0.00 591
    2018-09-01 $241,500 (-8.9%) $400,544 (-1.7%) 0.00 588
    2018-10-01 $232,175 (-10.9%) $398,987 (-5.1%) 0.00 588
    2018-11-01 $225,000 (-13.3%) $406,551 (-2.2%) 0.00 562
    2018-12-01 $225,000 (-10.0%) $411,342 (1.5%) 0.00 555
    2019-01-01 $224,750 (-11.7%) $421,067 (-1.3%) 0.00 509
    2019-02-01 $230,250 (-12.9%) $407,238 (-7.3%) 0.00 487
    2019-03-01 $249,571 (-12.3%) $423,758 (-3.0%) 0.00 494
    2019-04-01 $250,000 (-11.5%) $419,343 (-3.7%) 0.00 517
    2019-05-01 $266,750 (-9.4%) $410,853 (-8.1%) 0.00 498
    2019-06-01 $275,000 (-3.5%) $411,081 (-8.5%) 0.00 506
    2019-07-01 $263,725 (-3.9%) $409,805 (-2.5%) 0.00 517
    2019-08-01 $259,236 (3.8%) $413,607 (5.5%) 0.00 521
    2019-09-01 $252,916 (4.7%) $414,231 (3.4%) 0.00 515
    2019-10-01 $254,652 (9.7%) $428,354 (7.4%) 0.00 493
    2019-11-01 $258,300 (14.8%) $435,236 (7.1%) 0.00 459
    2019-12-01 $249,700 (11.0%) $389,897 (-5.2%) 0.00 444
    2020-01-01 $239,000 (6.3%) $398,387 (-5.4%) 0.00 405
    2020-02-01 $230,000 (-0.1%) $376,861 (-7.5%) 0.00 424
    2020-03-01 $231,000 (-7.4%) $379,248 (-10.5%) 0.00 439
    2020-04-01 $227,225 (-9.1%) $365,275 (-12.9%) 0.00 453
    2020-05-01 $228,500 (-14.3%) $414,509 (0.9%) 0.00 408
    2020-06-01 $220,225 (-19.9%) $412,350 (0.3%) 0.00 318
    2020-07-01 $217,000 (-17.7%) $415,581 (1.4%) 0.00 294
    2020-08-01 $220,750 (-14.9%) $452,568 (9.4%) 0.00 299
    2020-09-01 $219,450 (-13.2%) $476,268 (15.0%) 0.00 292
    2020-10-01 $230,000 (-9.7%) $514,481 (20.1%) 0.00 290
    2020-11-01 $242,293 (-6.2%) $527,945 (21.3%) 0.00 305
    2020-12-01 $235,085 (-5.9%) $508,813 (30.5%) 0.00 284
    2021-01-01 $230,000 (-3.8%) $486,454 (22.1%) 0.00 255
    2021-02-01 $243,450 (5.9%) $528,712 (40.3%) 0.00 209
    2021-03-01 $279,350 (20.9%) $497,319 (31.1%) 0.00 179
    2021-04-01 $305,000 (34.2%) $524,578 (43.6%) 0.00 180
    2021-05-01 $332,000 (45.3%) $560,861 (35.3%) 0.00 186
    2021-06-01 $338,500 (53.7%) $630,011 (52.8%) 0.00 205
    2021-07-01 $350,000 (61.3%) $614,779 (47.9%) 0.00 242
    2021-08-01 $399,450 (81.0%) $623,525 (37.8%) 0.00 270
    2021-09-01 $354,625 (61.6%) $569,816 (19.6%) 0.00 288
    2021-10-01 $334,000 (45.2%) $567,026 (10.2%) 0.00 272
    2021-11-01 $329,500 (36.0%) $562,426 (6.5%) 0.00 257
    2021-12-01 $299,325 (27.3%) $537,531 (5.6%) 0.00 247
    2022-01-01 $310,000 (34.8%) $520,322 (7.0%) 0.00 229
    2022-02-01 $345,950 (42.1%) $622,542 (17.8%) 0.00 183
    2022-03-01 $399,000 (42.8%) $724,371 (45.7%) 0.00 191
    2022-04-01 $379,999 (24.6%) $720,184 (37.3%) 0.00 217
    2022-05-01 $393,500 (18.5%) $760,592 (35.6%) 0.00 261
    2022-06-01 $395,750 (16.9%) $796,372 (26.4%) 0.00 331
    2022-07-01 $399,000 (14.0%) $791,237 (28.7%) 0.00 401
    2022-08-01 $389,450 (-2.5%) $763,149 (22.4%) 0.00 452
    2022-09-01 $394,450 (11.2%) $772,829 (35.6%) 0.00 467
    2022-10-01 $382,450 (14.5%) $744,394 (31.3%) 0.00 468
    2022-11-01 $367,450 (11.5%) $728,870 (29.6%) 0.00 513
    2022-12-01 $375,000 (25.3%) $740,468 (37.8%) 0.00 473
    Athens's median listing price for 2022-12-01 was $375,000, a difference of $75,675 (25.3%) versus the prior year and $7,550 versus the prior month.

    Athens's median listing price comes in at 0% of the national average.

    Athens's average listing price for 2022-12-01 was $740,468, a difference of $202,937 (37.8%) versus the prior year and $11,598 versus the prior month.

    For the 2022-12-01 period, Athens had 473 MLS listings, a difference of -40 listings (-8%) versus the prior month and 226 listings (91%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Athens (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,975 sqft
    2018-02-01 0 days 1,955 sqft
    2018-03-01 0 days 1,989 sqft
    2018-04-01 0 days 1,992 sqft
    2018-05-01 0 days 2,000 sqft
    2018-06-01 0 days 2,000 sqft
    2018-07-01 0 days 1,949 sqft
    2018-08-01 0 days 1,906 sqft
    2018-09-01 0 days 1,834 sqft
    2018-10-01 0 days 1,821 sqft
    2018-11-01 0 days 1,800 sqft
    2018-12-01 0 days 1,784 sqft
    2019-01-01 0 days 1,800 sqft
    2019-02-01 0 days 1,837 sqft
    2019-03-01 0 days 1,901 sqft
    2019-04-01 0 days 1,902 sqft
    2019-05-01 0 days 1,947 sqft
    2019-06-01 0 days 1,942 sqft
    2019-07-01 0 days 1,911 sqft
    2019-08-01 0 days 1,909 sqft
    2019-09-01 0 days 1,875 sqft
    2019-10-01 0 days 1,896 sqft
    2019-11-01 0 days 1,886 sqft
    2019-12-01 0 days 1,867 sqft
    2020-01-01 0 days 1,849 sqft
    2020-02-01 0 days 1,822 sqft
    2020-03-01 0 days 1,814 sqft
    2020-04-01 0 days 1,798 sqft
    2020-05-01 0 days 1,822 sqft
    2020-06-01 0 days 1,810 sqft
    2020-07-01 0 days 1,794 sqft
    2020-08-01 0 days 1,800 sqft
    2020-09-01 0 days 1,771 sqft
    2020-10-01 0 days 1,782 sqft
    2020-11-01 0 days 1,775 sqft
    2020-12-01 0 days 1,748 sqft
    2021-01-01 0 days 1,742 sqft
    2021-02-01 0 days 1,841 sqft
    2021-03-01 0 days 1,867 sqft
    2021-04-01 0 days 1,969 sqft
    2021-05-01 0 days 1,970 sqft
    2021-06-01 0 days 1,968 sqft
    2021-07-01 0 days 1,958 sqft
    2021-08-01 0 days 1,947 sqft
    2021-09-01 0 days 1,858 sqft
    2021-10-01 0 days 1,860 sqft
    2021-11-01 0 days 1,825 sqft
    2021-12-01 0 days 1,766 sqft
    2022-01-01 0 days 1,784 sqft
    2022-02-01 0 days 1,897 sqft
    2022-03-01 0 days 1,879 sqft
    2022-04-01 0 days 1,900 sqft
    2022-05-01 0 days 1,938 sqft
    2022-06-01 0 days 1,882 sqft
    2022-07-01 0 days 1,928 sqft
    2022-08-01 0 days 1,929 sqft
    2022-09-01 0 days 1,926 sqft
    2022-10-01 0 days 1,900 sqft
    2022-11-01 0 days 1,843 sqft
    2022-12-01 0 days 1,866 sqft
    Athens's median listing age (time on market) for 2022-12-01 was 0 days.

    Athens's median square footage for active listings during the 2022-12-01 period was 1,866 sqft. One year prior, the average listing was 1,766 sqft.