Heber USDA Loan Rates, Closing Costs & Stats

Heber, UT

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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.

    Heber's 12 lenders originated 18 USDA loans during 2021. The total origination value was $6,110,000, with an average USDA loan value of $339,444.

    Heber USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Heber averaged 6.24% for the week of 2023-01-27, compared to the national average (all USDA variants) of 6.195% for the same period.

    Heber's average USDA mortgage closing costs are $7,334.

    The average rate for the prior week (2023-01-20) was 6.33% and one month ago for the week of 2022-12-23, the average rate was 6.46%.

    The average rate one year ago was 3.81%.

    For refis of the same type during the week of 2023-01-27, the average rate was 5.91%.

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

    Heber 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 Heber level.

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    GUILD MORTGAGE COMPANY 3 2.75% $7,964
    UNITED WHOLESALE MORTGAGE, LLC 3 2.70% $8,432
    CALIBER HOME LOANS, INC. 2 2.75% $5,506
    HOME POINT FINANCIAL CORPORATION 2 2.56% $5,258
    Flagstar Bank, FSB 1 2.39% $7,532
    SECURITY HOME MORTGAGE, LLC. 1 2.63% $6,390
    STEARNS LENDING, LLC 1 3.00% $5,461
    AMERICA FIRST 1 2.25% $9,167
    VAN DYK MORTGAGE CORPORATION 1 2.50% $8,109
    AXIA FINANCIAL, LLC 1 2.88% $6,655
    BROKER SOLUTIONS, INC. 1 2.25% $13,059
    Century Mortgage Company DBA Century Lending Company 1 2.75% $7,107

    The top Heber USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 3 USDA loans originated. Their average total fees are $7,964, which is $469 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Heber (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 $1,262,500 (12.3%) $2,065,426 (6.3%) 0.00 1,148
    2018-02-01 $1,292,000 (10.0%) $2,071,838 (5.0%) 0.00 1,178
    2018-03-01 $1,249,950 (5.8%) $2,029,554 (2.5%) 0.00 1,237
    2018-04-01 $1,112,000 (1.1%) $1,906,010 (-2.4%) 0.00 1,245
    2018-05-01 $981,250 (-1.5%) $1,821,814 (-3.8%) 0.00 1,281
    2018-06-01 $995,000 (4.8%) $1,783,775 (-2.0%) 0.00 1,378
    2018-07-01 $1,033,000 (8.5%) $1,789,972 (0.1%) 0.00 1,432
    2018-08-01 $975,000 (2.7%) $1,719,384 (-3.1%) 0.00 1,498
    2018-09-01 $969,000 (-1.6%) $1,710,871 (-6.3%) 0.00 1,509
    2018-10-01 $947,500 (-5.2%) $1,702,495 (-8.8%) 0.00 1,495
    2018-11-01 $1,002,750 (-8.1%) $1,764,490 (-7.7%) 0.00 1,447
    2018-12-01 $1,035,000 (-8.0%) $1,802,888 (-8.3%) 0.00 1,469
    2019-01-01 $1,087,500 (-13.9%) $1,843,900 (-10.7%) 0.00 1,470
    2019-02-01 $1,112,500 (-13.9%) $1,856,510 (-10.4%) 0.00 1,454
    2019-03-01 $1,112,143 (-11.0%) $1,841,423 (-9.3%) 0.00 1,429
    2019-04-01 $1,095,000 (-1.5%) $1,817,529 (-4.6%) 0.00 1,379
    2019-05-01 $1,000,000 (1.9%) $1,745,941 (-4.2%) 0.00 1,413
    2019-06-01 $1,025,000 (3.0%) $1,751,015 (-1.8%) 0.00 1,510
    2019-07-01 $1,095,000 (6.0%) $1,803,667 (0.8%) 0.00 1,557
    2019-08-01 $1,114,273 (14.3%) $1,829,041 (6.4%) 0.00 1,505
    2019-09-01 $1,105,682 (14.1%) $1,851,217 (8.2%) 0.00 1,426
    2019-10-01 $1,100,455 (16.1%) $1,870,771 (9.9%) 0.00 1,355
    2019-11-01 $1,179,000 (17.6%) $1,949,732 (10.5%) 0.00 1,295
    2019-12-01 $1,163,125 (12.4%) $1,985,986 (10.2%) 0.00 1,272
    2020-01-01 $1,222,500 (12.4%) $2,053,588 (11.4%) 0.00 1,244
    2020-02-01 $1,272,000 (14.3%) $2,104,745 (13.4%) 0.00 1,227
    2020-03-01 $1,135,000 (2.1%) $2,025,555 (10.0%) 0.00 1,264
    2020-04-01 $950,000 (-13.2%) $1,856,467 (2.1%) 0.00 1,250
    2020-05-01 $924,900 (-7.5%) $1,764,267 (1.1%) 0.00 1,341
    2020-06-01 $929,975 (-9.3%) $1,777,141 (1.5%) 0.00 1,402
    2020-07-01 $975,000 (-11.0%) $1,876,703 (4.1%) 0.00 1,390
    2020-08-01 $975,000 (-12.5%) $1,946,382 (6.4%) 0.00 1,238
    2020-09-01 $977,725 (-11.6%) $2,050,270 (10.8%) 0.00 1,059
    2020-10-01 $939,000 (-14.7%) $2,063,479 (10.3%) 0.00 903
    2020-11-01 $995,112 (-15.6%) $2,202,864 (13.0%) 0.00 743
    2020-12-01 $1,072,125 (-7.8%) $2,279,110 (14.8%) 0.00 677
    2021-01-01 $1,199,900 (-1.9%) $2,457,700 (19.7%) 0.00 616
    2021-02-01 $1,299,250 (2.1%) $2,631,592 (25.0%) 0.00 538
    2021-03-01 $1,330,000 (17.2%) $2,749,402 (35.7%) 0.00 481
    2021-04-01 $1,350,000 (42.1%) $2,746,261 (47.9%) 0.00 474
    2021-05-01 $1,299,000 (40.5%) $2,580,048 (46.2%) 0.00 514
    2021-06-01 $1,284,879 (38.2%) $2,596,490 (46.1%) 0.00 553
    2021-07-01 $1,299,999 (33.3%) $2,663,480 (41.9%) 0.00 561
    2021-08-01 $1,297,487 (33.1%) $2,493,156 (28.1%) 0.00 569
    2021-09-01 $1,295,000 (32.5%) $2,554,009 (24.6%) 0.00 530
    2021-10-01 $1,493,000 (59.0%) $2,725,394 (32.1%) 0.00 474
    2021-11-01 $1,719,884 (72.8%) $2,977,412 (35.2%) 0.00 385
    2021-12-01 $1,819,500 (69.7%) $3,063,657 (34.4%) 0.00 356
    2022-01-01 $1,700,000 (41.7%) $2,941,701 (19.7%) 0.00 333
    2022-02-01 $1,747,250 (34.5%) $2,993,566 (13.8%) 0.00 317
    2022-03-01 $1,794,000 (34.9%) $2,971,743 (8.1%) 0.00 370
    2022-04-01 $1,763,435 (30.6%) $2,839,264 (3.4%) 0.00 407
    2022-05-01 $1,600,000 (23.2%) $2,666,923 (3.4%) 0.00 550
    2022-06-01 $1,550,000 (20.6%) $2,630,962 (1.3%) 0.00 773
    2022-07-01 $1,500,000 (15.4%) $2,578,193 (-3.2%) 0.00 1,042
    2022-08-01 $1,517,500 (17.0%) $2,601,134 (4.3%) 0.00 1,087
    2022-09-01 $1,499,950 (15.8%) $2,637,260 (3.3%) 0.00 1,041
    2022-10-01 $1,549,450 (3.8%) $2,652,741 (-2.7%) 0.00 992
    2022-11-01 $1,592,950 (-7.4%) $2,828,058 (-5.0%) 0.00 966
    2022-12-01 $1,600,000 (-12.1%) $2,995,019 (-2.2%) 0.00 896
    Heber's median listing price for 2022-12-01 was $1,600,000, a difference of $-219,500 (-12.1%) versus the prior year and $7,050 versus the prior month.

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

    Heber's average listing price for 2022-12-01 was $2,995,019, a difference of $-68,638 (-2.2%) versus the prior year and $166,961 versus the prior month.

    For the 2022-12-01 period, Heber had 896 MLS listings, a difference of -70 listings (-7%) versus the prior month and 540 listings (152%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Heber (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,807 sqft
    2018-02-01 0 days 2,808 sqft
    2018-03-01 0 days 2,850 sqft
    2018-04-01 0 days 2,861 sqft
    2018-05-01 0 days 2,961 sqft
    2018-06-01 0 days 3,000 sqft
    2018-07-01 0 days 3,017 sqft
    2018-08-01 0 days 2,983 sqft
    2018-09-01 0 days 3,025 sqft
    2018-10-01 0 days 3,033 sqft
    2018-11-01 0 days 3,043 sqft
    2018-12-01 0 days 2,850 sqft
    2019-01-01 0 days 2,801 sqft
    2019-02-01 0 days 2,746 sqft
    2019-03-01 0 days 2,699 sqft
    2019-04-01 0 days 2,731 sqft
    2019-05-01 0 days 2,726 sqft
    2019-06-01 0 days 2,857 sqft
    2019-07-01 0 days 2,968 sqft
    2019-08-01 0 days 3,011 sqft
    2019-09-01 0 days 3,027 sqft
    2019-10-01 0 days 3,047 sqft
    2019-11-01 0 days 3,026 sqft
    2019-12-01 0 days 2,956 sqft
    2020-01-01 0 days 2,964 sqft
    2020-02-01 0 days 2,902 sqft
    2020-03-01 0 days 2,877 sqft
    2020-04-01 0 days 2,745 sqft
    2020-05-01 0 days 2,722 sqft
    2020-06-01 0 days 2,710 sqft
    2020-07-01 0 days 2,726 sqft
    2020-08-01 0 days 2,716 sqft
    2020-09-01 0 days 2,711 sqft
    2020-10-01 0 days 2,630 sqft
    2020-11-01 0 days 2,571 sqft
    2020-12-01 0 days 2,556 sqft
    2021-01-01 0 days 2,498 sqft
    2021-02-01 0 days 2,449 sqft
    2021-03-01 0 days 2,458 sqft
    2021-04-01 0 days 2,539 sqft
    2021-05-01 0 days 2,565 sqft
    2021-06-01 0 days 2,750 sqft
    2021-07-01 0 days 2,758 sqft
    2021-08-01 0 days 2,724 sqft
    2021-09-01 0 days 2,909 sqft
    2021-10-01 0 days 3,197 sqft
    2021-11-01 0 days 3,371 sqft
    2021-12-01 0 days 3,267 sqft
    2022-01-01 0 days 3,107 sqft
    2022-02-01 0 days 2,720 sqft
    2022-03-01 0 days 2,809 sqft
    2022-04-01 0 days 2,791 sqft
    2022-05-01 0 days 2,759 sqft
    2022-06-01 0 days 2,810 sqft
    2022-07-01 0 days 2,801 sqft
    2022-08-01 0 days 2,761 sqft
    2022-09-01 0 days 2,781 sqft
    2022-10-01 0 days 2,799 sqft
    2022-11-01 0 days 2,822 sqft
    2022-12-01 0 days 2,936 sqft
    Heber's median listing age (time on market) for 2022-12-01 was 0 days.

    Heber's median square footage for active listings during the 2022-12-01 period was 2,936 sqft. One year prior, the average listing was 3,267 sqft.