Lock Haven USDA Loan Rates, Closing Costs & Stats
Lock Haven, PA
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.
Lock Haven's 5 lenders originated 21 USDA loans during 2023. The total origination value was $3,355,000, with an average USDA loan value of $159,762.
Lock Haven USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Lock Haven
averaged
7.09%
for the week of 2024-05-03, compared to the national average (all USDA variants) of
6.892% for the same period.
Lock Haven's average USDA mortgage closing costs are $5,401.
The average rate for the prior week (2024-04-26) was
6.64% and
one month ago for the week of 2024-03-29, the
average rate was 6.39%.
The average rate one year ago was 6.32%.
For refis of the same type during the week of 2024-05-03, the average rate
was 7.09%.
Lock Haven 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 Lock Haven level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| Century Mortgage Company DBA Century Lending Company | 4 | 6.13% | $6,364 |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | 2 | 5.88% | $6,335 |
| ALLIED MORTGAGE GROUP, INC. | 1 | 7.00% | $10,938 |
| Prosperity Home Mortgage, LLC | 1 | 6.25% | $10,242 |
| UNITED WHOLESALE MORTGAGE, LLC | 1 | 5.00% | $9,556 |
The top Lock Haven USDA lender as defined by loan originations is Century Mortgage Company DBA Century Lending Company, with
4 USDA loans originated. Their average total fees are
$6,364, which is $28
higher than the next largest lender,
PRIMELENDING, A PLAINSCAPITAL COMPANY.
The lowest fee Lock Haven USDA lenders (with over 10 loans originated) are
.
The lowest rate Lock Haven USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Lock Haven (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 | $153,600 (7.0%) | $183,052 (9.5%) | 0.00 | 120 |
| 2018-02-01 | $151,050 (0.9%) | $179,403 (-9.5%) | 0.00 | 120 |
| 2018-03-01 | $152,200 (7.8%) | $182,771 (-0.9%) | 0.00 | 115 |
| 2018-04-01 | $153,000 (1.4%) | $186,627 (-0.8%) | 0.00 | 120 |
| 2018-05-01 | $152,000 (-0.3%) | $187,046 (-2.7%) | 0.00 | 128 |
| 2018-06-01 | $139,900 (-14.9%) | $182,821 (-10.7%) | 0.00 | 138 |
| 2018-07-01 | $149,600 (-7.9%) | $186,681 (-9.4%) | 0.00 | 138 |
| 2018-08-01 | $146,375 (-2.4%) | $182,989 (-8.1%) | 0.00 | 139 |
| 2018-09-01 | $140,000 (-6.6%) | $175,847 (-3.7%) | 0.00 | 141 |
| 2018-10-01 | $139,700 (-12.0%) | $177,556 (-6.8%) | 0.00 | 149 |
| 2018-11-01 | $139,600 (-6.9%) | $175,490 (-7.3%) | 0.00 | 156 |
| 2018-12-01 | $134,900 (-10.0%) | $166,477 (-8.0%) | 0.00 | 147 |
| 2019-01-01 | $133,200 (-13.3%) | $174,248 (-4.8%) | 0.00 | 131 |
| 2019-02-01 | $139,700 (-7.5%) | $180,613 (0.7%) | 0.00 | 122 |
| 2019-03-01 | $136,686 (-10.2%) | $181,008 (-1.0%) | 0.00 | 112 |
| 2019-04-01 | $134,186 (-12.3%) | $175,993 (-5.7%) | 0.00 | 111 |
| 2019-05-01 | $138,800 (-8.7%) | $181,545 (-2.9%) | 0.00 | 122 |
| 2019-06-01 | $145,900 (4.3%) | $198,086 (8.4%) | 0.00 | 122 |
| 2019-07-01 | $142,400 (-4.8%) | $195,180 (4.6%) | 0.00 | 130 |
| 2019-08-01 | $140,364 (-4.1%) | $191,034 (4.4%) | 0.00 | 142 |
| 2019-09-01 | $142,409 (1.7%) | $187,029 (6.4%) | 0.00 | 142 |
| 2019-10-01 | $144,250 (3.3%) | $185,966 (4.7%) | 0.00 | 141 |
| 2019-11-01 | $139,900 (0.2%) | $187,726 (7.0%) | 0.00 | 133 |
| 2019-12-01 | $139,900 (3.7%) | $181,327 (8.9%) | 0.00 | 120 |
| 2020-01-01 | $137,000 (2.9%) | $178,028 (2.2%) | 0.00 | 114 |
| 2020-02-01 | $125,000 (-10.5%) | $170,630 (-5.5%) | 0.00 | 110 |
| 2020-03-01 | $129,900 (-5.0%) | $167,401 (-7.5%) | 0.00 | 104 |
| 2020-04-01 | $129,914 (-3.2%) | $166,490 (-5.4%) | 0.00 | 101 |
| 2020-05-01 | $130,000 (-6.3%) | $170,627 (-6.0%) | 0.00 | 98 |
| 2020-06-01 | $141,403 (-3.1%) | $189,084 (-4.5%) | 0.00 | 100 |
| 2020-07-01 | $139,900 (-1.8%) | $185,513 (-5.0%) | 0.00 | 102 |
| 2020-08-01 | $149,000 (6.2%) | $188,611 (-1.3%) | 0.00 | 97 |
| 2020-09-01 | $128,972 (-9.4%) | $170,740 (-8.7%) | 0.00 | 90 |
| 2020-10-01 | $125,000 (-13.3%) | $164,741 (-11.4%) | 0.00 | 88 |
| 2020-11-01 | $139,900 (0.0%) | $176,047 (-6.2%) | 0.00 | 91 |
| 2020-12-01 | $144,900 (3.6%) | $177,373 (-2.2%) | 0.00 | 81 |
| 2021-01-01 | $139,200 (1.6%) | $190,172 (6.8%) | 0.00 | 60 |
| 2021-02-01 | $147,400 (17.9%) | $203,643 (19.4%) | 0.00 | 56 |
| 2021-03-01 | $148,650 (14.4%) | $195,282 (16.7%) | 0.00 | 52 |
| 2021-04-01 | $162,450 (25.0%) | $202,265 (21.5%) | 0.00 | 45 |
| 2021-05-01 | $199,950 (53.8%) | $225,188 (32.0%) | 0.00 | 38 |
| 2021-06-01 | $206,950 (46.4%) | $229,689 (21.5%) | 0.00 | 50 |
| 2021-07-01 | $189,000 (35.1%) | $226,024 (21.8%) | 0.00 | 53 |
| 2021-08-01 | $174,900 (17.4%) | $228,364 (21.1%) | 0.00 | 61 |
| 2021-09-01 | $165,975 (28.7%) | $230,228 (34.8%) | 0.00 | 61 |
| 2021-10-01 | $179,900 (43.9%) | $239,014 (45.1%) | 0.00 | 64 |
| 2021-11-01 | $160,875 (15.0%) | $216,099 (22.8%) | 0.00 | 63 |
| 2021-12-01 | $152,450 (5.2%) | $208,626 (17.6%) | 0.00 | 56 |
| 2022-01-01 | $149,900 (7.7%) | $204,646 (7.6%) | 0.00 | 49 |
| 2022-02-01 | $146,300 (-0.8%) | $204,377 (0.4%) | 0.00 | 48 |
| 2022-03-01 | $169,900 (14.3%) | $231,483 (18.5%) | 0.00 | 44 |
| 2022-04-01 | $175,000 (7.7%) | $223,044 (10.3%) | 0.00 | 41 |
| 2022-05-01 | $196,500 (-1.7%) | $242,829 (7.8%) | 0.00 | 49 |
| 2022-06-01 | $184,925 (-10.6%) | $248,436 (8.2%) | 0.00 | 47 |
| 2022-07-01 | $189,950 (0.5%) | $264,463 (17.0%) | 0.00 | 57 |
| 2022-08-01 | $191,575 (9.5%) | $259,482 (13.6%) | 0.00 | 63 |
| 2022-09-01 | $183,100 (10.3%) | $249,963 (8.6%) | 0.00 | 65 |
| 2022-10-01 | $204,250 (13.5%) | $254,318 (6.4%) | 0.00 | 52 |
| 2022-11-01 | $200,250 (24.5%) | $259,373 (20.0%) | 0.00 | 56 |
| 2022-12-01 | $195,500 (28.2%) | $257,905 (23.6%) | 0.00 | 48 |
| 2023-01-01 | $172,450 (15.0%) | $251,001 (22.7%) | 0.00 | 38 |
| 2023-02-01 | $172,250 (17.7%) | $246,032 (20.4%) | 0.00 | 40 |
| 2023-03-01 | $197,900 (16.5%) | $260,681 (12.6%) | 0.00 | 36 |
| 2023-04-01 | $205,200 (17.3%) | $251,647 (12.8%) | 0.00 | 43 |
| 2023-05-01 | $199,675 (1.6%) | $224,384 (-7.6%) | 0.00 | 43 |
| 2023-06-01 | $199,925 (8.1%) | $218,305 (-12.1%) | 0.00 | 46 |
| 2023-07-01 | $199,900 (5.2%) | $232,938 (-11.9%) | 0.00 | 47 |
| 2023-08-01 | $236,150 (23.3%) | $273,116 (5.3%) | 0.00 | 49 |
| 2023-09-01 | $238,600 (30.3%) | $299,861 (20.0%) | 0.00 | 56 |
| 2023-10-01 | $239,700 (17.4%) | $303,449 (19.3%) | 0.00 | 56 |
| 2023-11-01 | $219,900 (9.8%) | $274,686 (5.9%) | 0.00 | 61 |
| 2023-12-01 | $199,000 (1.8%) | $252,783 (-2.0%) | 0.00 | 58 |
| 2024-01-01 | $193,425 (12.2%) | $245,972 (-2.0%) | 0.00 | 54 |
| 2024-02-01 | $207,400 (20.4%) | $272,239 (10.7%) | 0.00 | 49 |
| 2024-03-01 | $190,000 (-4.0%) | $255,818 (-1.9%) | 0.00 | 54 |
| 2024-04-01 | $184,950 (-9.9%) | $253,094 (0.6%) | 0.00 | 52 |
Lock Haven's median listing price comes in at 0% of the national average.
Lock Haven's average listing price for 2024-04-01 was $253,094, a difference of $1,447 (0.6%) versus the prior year and $-2,724 versus the prior month.
For the 2024-04-01 period, Lock Haven had 52 MLS listings, a difference of -2 listings (-4%) versus the prior month and 9 listings (21%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Lock Haven (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,920 sqft |
| 2018-02-01 | 0 days | 1,798 sqft |
| 2018-03-01 | 0 days | 1,596 sqft |
| 2018-04-01 | 0 days | 1,678 sqft |
| 2018-05-01 | 0 days | 1,761 sqft |
| 2018-06-01 | 0 days | 1,768 sqft |
| 2018-07-01 | 0 days | 1,756 sqft |
| 2018-08-01 | 0 days | 1,803 sqft |
| 2018-09-01 | 0 days | 1,758 sqft |
| 2018-10-01 | 0 days | 1,780 sqft |
| 2018-11-01 | 0 days | 1,796 sqft |
| 2018-12-01 | 0 days | 1,761 sqft |
| 2019-01-01 | 0 days | 1,758 sqft |
| 2019-02-01 | 0 days | 1,760 sqft |
| 2019-03-01 | 0 days | 1,743 sqft |
| 2019-04-01 | 0 days | 1,725 sqft |
| 2019-05-01 | 0 days | 1,754 sqft |
| 2019-06-01 | 0 days | 1,800 sqft |
| 2019-07-01 | 0 days | 1,716 sqft |
| 2019-08-01 | 0 days | 1,679 sqft |
| 2019-09-01 | 0 days | 1,651 sqft |
| 2019-10-01 | 0 days | 1,646 sqft |
| 2019-11-01 | 0 days | 1,640 sqft |
| 2019-12-01 | 0 days | 1,639 sqft |
| 2020-01-01 | 0 days | 1,635 sqft |
| 2020-02-01 | 0 days | 1,606 sqft |
| 2020-03-01 | 0 days | 1,634 sqft |
| 2020-04-01 | 0 days | 1,666 sqft |
| 2020-05-01 | 0 days | 1,658 sqft |
| 2020-06-01 | 0 days | 1,660 sqft |
| 2020-07-01 | 0 days | 1,701 sqft |
| 2020-08-01 | 0 days | 1,723 sqft |
| 2020-09-01 | 0 days | 1,640 sqft |
| 2020-10-01 | 0 days | 1,646 sqft |
| 2020-11-01 | 0 days | 1,696 sqft |
| 2020-12-01 | 0 days | 1,815 sqft |
| 2021-01-01 | 0 days | 1,780 sqft |
| 2021-02-01 | 0 days | 1,805 sqft |
| 2021-03-01 | 0 days | 1,789 sqft |
| 2021-04-01 | 0 days | 1,807 sqft |
| 2021-05-01 | 0 days | 1,800 sqft |
| 2021-06-01 | 0 days | 1,870 sqft |
| 2021-07-01 | 0 days | 1,750 sqft |
| 2021-08-01 | 0 days | 1,809 sqft |
| 2021-09-01 | 0 days | 1,803 sqft |
| 2021-10-01 | 0 days | 1,862 sqft |
| 2021-11-01 | 0 days | 1,764 sqft |
| 2021-12-01 | 0 days | 1,776 sqft |
| 2022-01-01 | 0 days | 1,660 sqft |
| 2022-02-01 | 0 days | 1,652 sqft |
| 2022-03-01 | 0 days | 1,759 sqft |
| 2022-04-01 | 0 days | 1,644 sqft |
| 2022-05-01 | 0 days | 1,742 sqft |
| 2022-06-01 | 0 days | 1,751 sqft |
| 2022-07-01 | 0 days | 1,840 sqft |
| 2022-08-01 | 0 days | 1,758 sqft |
| 2022-09-01 | 0 days | 1,734 sqft |
| 2022-10-01 | 0 days | 1,729 sqft |
| 2022-11-01 | 0 days | 1,722 sqft |
| 2022-12-01 | 0 days | 1,781 sqft |
| 2023-01-01 | 0 days | 1,667 sqft |
| 2023-02-01 | 0 days | 1,716 sqft |
| 2023-03-01 | 0 days | 1,728 sqft |
| 2023-04-01 | 0 days | 1,763 sqft |
| 2023-05-01 | 0 days | 1,692 sqft |
| 2023-06-01 | 0 days | 1,746 sqft |
| 2023-07-01 | 0 days | 1,729 sqft |
| 2023-08-01 | 0 days | 1,756 sqft |
| 2023-09-01 | 0 days | 1,755 sqft |
| 2023-10-01 | 0 days | 1,887 sqft |
| 2023-11-01 | 0 days | 1,773 sqft |
| 2023-12-01 | 0 days | 1,731 sqft |
| 2024-01-01 | 0 days | 1,692 sqft |
| 2024-02-01 | 0 days | 1,692 sqft |
| 2024-03-01 | 0 days | 1,680 sqft |
| 2024-04-01 | 0 days | 1,690 sqft |
Lock Haven's median square footage for active listings during the 2024-04-01 period was 1,690 sqft. One year prior, the average listing was 1,763 sqft.