Athens USDA Loan Rates, Closing Costs & Stats
Athens, TX
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%.
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. LouisDate | 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 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. LouisDate | 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 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.