Longview USDA Loan Rates, Closing Costs & Stats
LONGVIEW, 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.
Longview's 16 lenders originated 22 USDA loans during 2023. The total origination value was $3,580,000, with an average USDA loan value of $162,727.
Longview USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Longview
averaged
6.4%
for the week of 2024-11-08, compared to the national average (all USDA variants) of
6.477% for the same period.
Longview's average USDA mortgage closing costs are $5,709.
The average rate for the prior week (2024-11-01) was
6.67% and
one month ago for the week of 2024-10-04, the
average rate was 6.3%.
The average rate one year ago was 7.54%.
For refis of the same type during the week of 2024-11-08, the average rate
was 6.46%.
Longview 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 Longview level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| GUILD MORTGAGE COMPANY | 5 | 6.80% | $7,704 |
| UNITED WHOLESALE MORTGAGE, LLC | 2 | 7.12% | $8,554 |
| CROSSCOUNTRY MORTGAGE, LLC | 1 | 6.50% | $8,438 |
| DRAPER AND KRAMER MORTGAGE CORP. | 1 | 6.63% | $7,592 |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | 1 | 7.13% | $6,242 |
| EVERETT FINANCIAL, INC. | 1 | 7.63% | $7,147 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 6.25% | $8,756 |
| Guaranty Bank & Trust, N.A. | 1 | 5.88% | $6,070 |
| CMG MORTGAGE, INC. | 1 | 5.75% | $7,137 |
| Ixonia Bank | 1 | 7.50% | $9,625 |
| Nations Lending Corporation | 1 | 6.75% | $4,931 |
| Origin Bank | 1 | 7.49% | $5,459 |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | 1 | 7.75% | $8,320 |
| RELIANCE FIRST CAPITAL, LLC | 1 | 7.63% | $4,396 |
| UNION HOME MORTGAGE CORP. | 1 | 7.13% | $8,460 |
| AMCAP MORTGAGE, LTD. | 1 | 7.63% | $9,303 |
The top Longview USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with
5 USDA loans originated. Their average total fees are
$7,704, which is $849
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Longview USDA lenders (with over 10 loans originated) are
.
The lowest rate Longview USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Longview (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 | $179,288 (5.5%) | $242,812 (4.8%) | 0.66 | 1,397 |
| 2018-02-01 | $175,000 (0.9%) | $238,337 (2.2%) | 0.64 | 1,418 |
| 2018-03-01 | $179,900 (2.9%) | $244,808 (5.1%) | 0.63 | 1,395 |
| 2018-04-01 | $181,250 (2.7%) | $247,059 (5.1%) | 0.61 | 1,407 |
| 2018-05-01 | $185,500 (3.1%) | $247,669 (7.4%) | 0.62 | 1,430 |
| 2018-06-01 | $192,700 (7.1%) | $259,893 (12.4%) | 0.64 | 1,427 |
| 2018-07-01 | $198,200 (10.1%) | $260,729 (11.2%) | 0.66 | 1,450 |
| 2018-08-01 | $193,950 (7.8%) | $255,842 (8.6%) | 0.65 | 1,415 |
| 2018-09-01 | $189,900 (5.6%) | $255,660 (8.2%) | 0.64 | 1,367 |
| 2018-10-01 | $191,375 (6.4%) | $258,598 (9.7%) | 0.65 | 1,326 |
| 2018-11-01 | $189,950 (5.7%) | $258,283 (7.7%) | 0.64 | 1,294 |
| 2018-12-01 | $189,900 (5.6%) | $259,555 (6.5%) | 0.66 | 1,242 |
| 2019-01-01 | $191,250 (6.7%) | $261,614 (7.7%) | 0.66 | 1,163 |
| 2019-02-01 | $193,125 (10.4%) | $264,682 (11.1%) | 0.65 | 1,179 |
| 2019-03-01 | $196,000 (9.0%) | $268,592 (9.7%) | 0.64 | 1,201 |
| 2019-04-01 | $199,000 (9.8%) | $271,018 (9.7%) | 0.63 | 1,224 |
| 2019-05-01 | $199,000 (7.3%) | $275,910 (11.4%) | 0.62 | 1,226 |
| 2019-06-01 | $199,000 (3.3%) | $272,396 (4.8%) | 0.62 | 1,202 |
| 2019-07-01 | $199,900 (0.9%) | $268,282 (2.9%) | 0.63 | 1,207 |
| 2019-08-01 | $199,900 (3.1%) | $267,934 (4.7%) | 0.63 | 1,214 |
| 2019-09-01 | $199,900 (5.3%) | $266,721 (4.3%) | 0.64 | 1,185 |
| 2019-10-01 | $199,700 (4.4%) | $265,149 (2.5%) | 0.64 | 1,149 |
| 2019-11-01 | $199,500 (5.0%) | $262,907 (1.8%) | 0.65 | 1,084 |
| 2019-12-01 | $194,700 (2.5%) | $255,463 (-1.6%) | 0.65 | 979 |
| 2020-01-01 | $194,900 (1.9%) | $257,396 (-1.6%) | 0.65 | 884 |
| 2020-02-01 | $195,000 (1.0%) | $259,807 (-1.8%) | 0.64 | 876 |
| 2020-03-01 | $199,250 (1.7%) | $270,053 (0.5%) | 0.62 | 832 |
| 2020-04-01 | $197,225 (-0.9%) | $270,636 (-0.1%) | 0.62 | 817 |
| 2020-05-01 | $199,900 (0.5%) | $280,371 (1.6%) | 0.61 | 788 |
| 2020-06-01 | $215,222 (8.2%) | $293,539 (7.8%) | 0.63 | 715 |
| 2020-07-01 | $224,888 (12.5%) | $298,866 (11.4%) | 0.65 | 658 |
| 2020-08-01 | $223,250 (11.7%) | $303,358 (13.2%) | 0.64 | 640 |
| 2020-09-01 | $229,900 (15.0%) | $315,718 (18.4%) | 0.66 | 608 |
| 2020-10-01 | $227,900 (14.1%) | $318,534 (20.1%) | 0.65 | 551 |
| 2020-11-01 | $222,500 (11.5%) | $314,207 (19.5%) | 0.65 | 526 |
| 2020-12-01 | $212,500 (9.1%) | $306,068 (19.8%) | 0.63 | 505 |
| 2021-01-01 | $209,900 (7.7%) | $311,267 (20.9%) | 0.63 | 468 |
| 2021-02-01 | $199,900 (2.5%) | $322,120 (24.0%) | 0.58 | 387 |
| 2021-03-01 | $193,500 (-2.9%) | $321,172 (18.9%) | 0.55 | 346 |
| 2021-04-01 | $214,875 (9.0%) | $321,287 (18.7%) | 0.58 | 337 |
| 2021-05-01 | $219,900 (10.0%) | $336,137 (19.9%) | 0.58 | 287 |
| 2021-06-01 | $239,450 (11.3%) | $371,048 (26.4%) | 0.63 | 309 |
| 2021-07-01 | $259,925 (15.6%) | $378,525 (26.7%) | 0.69 | 404 |
| 2021-08-01 | $259,975 (16.5%) | $373,087 (23.0%) | 0.69 | 420 |
| 2021-09-01 | $262,500 (14.2%) | $374,397 (18.6%) | 0.70 | 416 |
| 2021-10-01 | $259,944 (14.1%) | $378,964 (19.0%) | 0.69 | 373 |
| 2021-11-01 | $250,000 (12.4%) | $366,356 (16.6%) | 0.67 | 376 |
| 2021-12-01 | $250,000 (17.7%) | $370,357 (21.0%) | 0.68 | 359 |
| 2022-01-01 | $230,000 (9.6%) | $360,507 (15.8%) | 0.62 | 308 |
| 2022-02-01 | $244,000 (22.1%) | $379,684 (17.9%) | 0.63 | 283 |
| 2022-03-01 | $273,569 (41.4%) | $406,174 (26.5%) | 0.68 | 280 |
| 2022-04-01 | $275,500 (28.2%) | $385,762 (20.1%) | 0.66 | 266 |
| 2022-05-01 | $276,000 (25.5%) | $407,102 (21.1%) | 0.63 | 322 |
| 2022-06-01 | $301,840 (26.1%) | $407,811 (9.9%) | 0.67 | 366 |
| 2022-07-01 | $299,000 (15.0%) | $397,698 (5.1%) | 0.67 | 444 |
| 2022-08-01 | $297,750 (14.5%) | $394,895 (5.9%) | 0.69 | 518 |
| 2022-09-01 | $298,250 (13.6%) | $390,271 (4.2%) | 0.70 | 552 |
| 2022-10-01 | $299,999 (15.4%) | $394,558 (4.1%) | 0.71 | 554 |
| 2022-11-01 | $299,974 (20.0%) | $398,183 (8.7%) | 0.72 | 552 |
| 2022-12-01 | $299,825 (19.9%) | $388,150 (4.8%) | 0.74 | 540 |
| 2023-01-01 | $299,663 (30.3%) | $393,760 (9.2%) | 0.74 | 512 |
| 2023-02-01 | $295,000 (20.9%) | $387,475 (2.1%) | 0.71 | 485 |
| 2023-03-01 | $291,918 (6.7%) | $395,316 (-2.7%) | 0.69 | 468 |
| 2023-04-01 | $299,900 (8.9%) | $403,083 (4.5%) | 0.70 | 475 |
| 2023-05-01 | $306,450 (11.0%) | $384,386 (-5.6%) | 0.69 | 498 |
| 2023-06-01 | $299,000 (-0.9%) | $381,694 (-6.4%) | 0.67 | 556 |
| 2023-07-01 | $312,000 (4.4%) | $395,713 (-0.5%) | 0.71 | 611 |
| 2023-08-01 | $314,370 (5.6%) | $404,241 (2.4%) | 0.72 | 670 |
| 2023-09-01 | $299,000 (0.3%) | $389,531 (-0.2%) | 0.70 | 707 |
| 2023-10-01 | $299,900 (0.0%) | $392,561 (-0.5%) | 0.71 | 744 |
| 2023-11-01 | $299,000 (-0.3%) | $376,824 (-5.4%) | 0.71 | 796 |
| 2023-12-01 | $299,000 (-0.3%) | $376,093 (-3.1%) | 0.73 | 797 |
| 2024-01-01 | $299,450 (-0.1%) | $375,911 (-4.5%) | 0.73 | 750 |
| 2024-02-01 | $299,900 (1.7%) | $375,840 (-3.0%) | 0.72 | 757 |
| 2024-03-01 | $305,500 (4.7%) | $379,353 (-4.0%) | 0.72 | 788 |
| 2024-04-01 | $310,000 (3.4%) | $383,997 (-4.7%) | 0.72 | 817 |
| 2024-05-01 | $314,450 (2.6%) | $392,694 (2.2%) | 0.71 | 857 |
| 2024-06-01 | $319,000 (6.7%) | $391,942 (2.7%) | 0.72 | 899 |
| 2024-07-01 | $314,919 (0.9%) | $384,911 (-2.7%) | 0.72 | 940 |
| 2024-08-01 | $313,950 (-0.1%) | $383,513 (-5.1%) | 0.73 | 936 |
| 2024-09-01 | $300,000 (0.3%) | $380,673 (-2.3%) | 0.71 | 968 |
| 2024-10-01 | $306,000 (2.0%) | $377,372 (-3.9%) | 0.72 | 990 |
Longview's median listing price comes in at 72% of the national average.
Longview's average listing price for 2024-10-01 was $377,372, a difference of $-15,189 (-3.9%) versus the prior year and $-3,301 versus the prior month.
For the 2024-10-01 period, Longview had 990 MLS listings, a difference of 22 listings (2%) versus the prior month and 246 listings (33%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Longview (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 110 days | 2,016 sqft |
| 2018-02-01 | 106 days | 1,973 sqft |
| 2018-03-01 | 93 days | 1,995 sqft |
| 2018-04-01 | 72 days | 2,031 sqft |
| 2018-05-01 | 66 days | 2,024 sqft |
| 2018-06-01 | 67 days | 2,046 sqft |
| 2018-07-01 | 68 days | 2,035 sqft |
| 2018-08-01 | 71 days | 2,032 sqft |
| 2018-09-01 | 81 days | 2,019 sqft |
| 2018-10-01 | 88 days | 2,030 sqft |
| 2018-11-01 | 89 days | 2,039 sqft |
| 2018-12-01 | 90 days | 2,017 sqft |
| 2019-01-01 | 97 days | 2,026 sqft |
| 2019-02-01 | 95 days | 2,059 sqft |
| 2019-03-01 | 83 days | 2,073 sqft |
| 2019-04-01 | 70 days | 2,087 sqft |
| 2019-05-01 | 64 days | 2,075 sqft |
| 2019-06-01 | 61 days | 2,059 sqft |
| 2019-07-01 | 61 days | 2,054 sqft |
| 2019-08-01 | 63 days | 2,070 sqft |
| 2019-09-01 | 68 days | 2,085 sqft |
| 2019-10-01 | 72 days | 2,094 sqft |
| 2019-11-01 | 75 days | 2,074 sqft |
| 2019-12-01 | 81 days | 2,029 sqft |
| 2020-01-01 | 94 days | 2,030 sqft |
| 2020-02-01 | 86 days | 2,027 sqft |
| 2020-03-01 | 65 days | 2,031 sqft |
| 2020-04-01 | 70 days | 2,025 sqft |
| 2020-05-01 | 73 days | 2,053 sqft |
| 2020-06-01 | 78 days | 2,129 sqft |
| 2020-07-01 | 64 days | 2,135 sqft |
| 2020-08-01 | 59 days | 2,141 sqft |
| 2020-09-01 | 61 days | 2,158 sqft |
| 2020-10-01 | 63 days | 2,152 sqft |
| 2020-11-01 | 61 days | 2,116 sqft |
| 2020-12-01 | 63 days | 2,046 sqft |
| 2021-01-01 | 64 days | 2,028 sqft |
| 2021-02-01 | 77 days | 2,056 sqft |
| 2021-03-01 | 66 days | 2,047 sqft |
| 2021-04-01 | 37 days | 2,043 sqft |
| 2021-05-01 | 33 days | 1,972 sqft |
| 2021-06-01 | 31 days | 2,045 sqft |
| 2021-07-01 | 31 days | 2,078 sqft |
| 2021-08-01 | 37 days | 2,041 sqft |
| 2021-09-01 | 42 days | 2,053 sqft |
| 2021-10-01 | 50 days | 2,021 sqft |
| 2021-11-01 | 52 days | 2,016 sqft |
| 2021-12-01 | 49 days | 1,981 sqft |
| 2022-01-01 | 60 days | 1,945 sqft |
| 2022-02-01 | 40 days | 1,882 sqft |
| 2022-03-01 | 33 days | 2,051 sqft |
| 2022-04-01 | 36 days | 2,046 sqft |
| 2022-05-01 | 24 days | 2,082 sqft |
| 2022-06-01 | 33 days | 2,142 sqft |
| 2022-07-01 | 36 days | 2,109 sqft |
| 2022-08-01 | 38 days | 2,095 sqft |
| 2022-09-01 | 46 days | 2,102 sqft |
| 2022-10-01 | 54 days | 2,078 sqft |
| 2022-11-01 | 52 days | 2,094 sqft |
| 2022-12-01 | 67 days | 2,076 sqft |
| 2023-01-01 | 84 days | 2,085 sqft |
| 2023-02-01 | 79 days | 2,022 sqft |
| 2023-03-01 | 56 days | 2,025 sqft |
| 2023-04-01 | 46 days | 2,064 sqft |
| 2023-05-01 | 50 days | 2,076 sqft |
| 2023-06-01 | 46 days | 2,021 sqft |
| 2023-07-01 | 48 days | 2,043 sqft |
| 2023-08-01 | 51 days | 2,064 sqft |
| 2023-09-01 | 57 days | 2,030 sqft |
| 2023-10-01 | 65 days | 2,044 sqft |
| 2023-11-01 | 61 days | 2,017 sqft |
| 2023-12-01 | 68 days | 2,001 sqft |
| 2024-01-01 | 77 days | 2,022 sqft |
| 2024-02-01 | 78 days | 2,025 sqft |
| 2024-03-01 | 64 days | 2,035 sqft |
| 2024-04-01 | 55 days | 2,056 sqft |
| 2024-05-01 | 58 days | 2,064 sqft |
| 2024-06-01 | 59 days | 2,042 sqft |
| 2024-07-01 | 64 days | 2,024 sqft |
| 2024-08-01 | 65 days | 2,034 sqft |
| 2024-09-01 | 71 days | 2,021 sqft |
| 2024-10-01 | 69 days | 2,007 sqft |
Longview's median square footage for active listings during the 2024-10-01 period was 2,007 sqft. One year prior, the average listing was 2,044 sqft.