Longview USDA Loan Rates, Closing Costs & Stats

LONGVIEW, WA

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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.

    Longview's 2 lenders originated 2 USDA loans during 2023. The total origination value was $550,000, with an average USDA loan value of $275,000.

    Longview USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Longview averaged 6.69% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Longview's average USDA mortgage closing costs are $7,664.

    The average rate for the prior week (2024-04-12) was 6.54% and one month ago for the week of 2024-03-15, the average rate was 6.73%.

    The average rate one year ago was 6.57%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.96%.

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

    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 1 7.63% $10,652
    MASON MCDUFFIE MORTGAGE CORPORATION 1 5.12% $11,395

    The top Longview USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 1 USDA loans originated. Their average total fees are $10,652, which is $742 lower than the next largest lender, MASON MCDUFFIE MORTGAGE CORPORATION.

    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 $288,950 (17.0%) $443,523 (8.5%) 0.00 215
    2018-02-01 $303,000 (27.9%) $460,395 (9.7%) 0.00 189
    2018-03-01 $298,950 (26.4%) $449,877 (8.8%) 0.00 178
    2018-04-01 $301,350 (11.7%) $400,512 (-3.3%) 0.00 205
    2018-05-01 $299,800 (12.6%) $395,973 (0.6%) 0.00 240
    2018-06-01 $301,700 (5.2%) $389,364 (-4.5%) 0.00 275
    2018-07-01 $299,700 (-3.0%) $375,725 (-11.9%) 0.00 328
    2018-08-01 $299,575 (1.3%) $368,329 (-8.9%) 0.00 347
    2018-09-01 $299,900 (1.7%) $373,699 (-6.9%) 0.00 348
    2018-10-01 $305,000 (8.6%) $379,745 (-4.1%) 0.00 350
    2018-11-01 $299,900 (7.2%) $379,082 (-5.4%) 0.00 337
    2018-12-01 $310,000 (8.8%) $393,355 (-7.3%) 0.00 296
    2019-01-01 $324,275 (12.2%) $404,817 (-8.7%) 0.00 269
    2019-02-01 $317,000 (4.6%) $413,596 (-10.2%) 0.00 231
    2019-03-01 $320,386 (7.2%) $417,262 (-7.3%) 0.00 220
    2019-04-01 $324,336 (7.6%) $419,614 (4.8%) 0.00 223
    2019-05-01 $329,225 (9.8%) $435,232 (9.9%) 0.00 237
    2019-06-01 $329,300 (9.2%) $429,430 (10.3%) 0.00 266
    2019-07-01 $329,350 (9.9%) $420,810 (12.0%) 0.00 283
    2019-08-01 $323,777 (8.1%) $410,521 (11.5%) 0.00 301
    2019-09-01 $315,718 (5.3%) $401,064 (7.3%) 0.00 306
    2019-10-01 $309,225 (1.4%) $394,759 (4.0%) 0.00 308
    2019-11-01 $319,900 (6.7%) $417,257 (10.1%) 0.00 302
    2019-12-01 $302,350 (-2.5%) $431,298 (9.7%) 0.00 257
    2020-01-01 $299,925 (-7.5%) $441,146 (9.0%) 0.00 246
    2020-02-01 $306,500 (-3.3%) $452,425 (9.4%) 0.00 217
    2020-03-01 $305,850 (-4.5%) $461,138 (10.5%) 0.00 207
    2020-04-01 $306,775 (-5.4%) $472,869 (12.7%) 0.00 198
    2020-05-01 $332,400 (1.0%) $473,591 (8.8%) 0.00 198
    2020-06-01 $341,625 (3.7%) $389,967 (-9.2%) 0.00 209
    2020-07-01 $349,255 (6.0%) $401,401 (-4.6%) 0.00 198
    2020-08-01 $354,945 (9.6%) $401,751 (-2.1%) 0.00 218
    2020-09-01 $364,450 (15.4%) $418,005 (4.2%) 0.00 214
    2020-10-01 $359,900 (16.4%) $413,361 (4.7%) 0.00 185
    2020-11-01 $362,425 (13.3%) $410,043 (-1.7%) 0.00 123
    2020-12-01 $353,675 (17.0%) $406,882 (-5.7%) 0.00 95
    2021-01-01 $369,000 (23.0%) $429,419 (-2.7%) 0.00 75
    2021-02-01 $372,400 (21.5%) $450,513 (-0.4%) 0.00 67
    2021-03-01 $378,000 (23.6%) $469,653 (1.9%) 0.00 71
    2021-04-01 $397,450 (29.6%) $550,117 (16.3%) 0.00 80
    2021-05-01 $389,450 (17.2%) $533,582 (12.7%) 0.00 99
    2021-06-01 $404,450 (18.4%) $539,778 (38.4%) 0.00 121
    2021-07-01 $389,000 (11.4%) $481,288 (19.9%) 0.00 128
    2021-08-01 $393,100 (10.8%) $505,859 (25.9%) 0.00 135
    2021-09-01 $411,450 (12.9%) $528,016 (26.3%) 0.00 150
    2021-10-01 $410,450 (14.1%) $521,767 (26.2%) 0.00 150
    2021-11-01 $415,000 (14.5%) $535,273 (30.5%) 0.00 122
    2021-12-01 $414,950 (17.3%) $542,411 (33.3%) 0.00 99
    2022-01-01 $394,500 (6.9%) $562,917 (31.1%) 0.00 84
    2022-02-01 $387,475 (4.1%) $539,204 (19.7%) 0.00 83
    2022-03-01 $458,475 (21.3%) $609,717 (29.8%) 0.00 101
    2022-04-01 $455,000 (14.5%) $612,534 (11.4%) 0.00 113
    2022-05-01 $456,225 (17.2%) $580,416 (8.8%) 0.00 142
    2022-06-01 $467,000 (15.5%) $581,657 (7.8%) 0.00 195
    2022-07-01 $475,000 (22.1%) $549,292 (14.1%) 0.00 246
    2022-08-01 $479,450 (22.0%) $550,369 (8.8%) 0.00 274
    2022-09-01 $467,225 (13.6%) $553,607 (4.9%) 0.00 263
    2022-10-01 $475,000 (15.7%) $563,010 (7.9%) 0.00 264
    2022-11-01 $473,725 (14.2%) $551,706 (3.1%) 0.00 281
    2022-12-01 $489,000 (17.9%) $567,127 (4.6%) 0.00 252
    2023-01-01 $509,750 (29.2%) $579,331 (2.9%) 0.00 226
    2023-02-01 $564,275 (45.6%) $612,462 (13.6%) 0.00 211
    2023-03-01 $567,448 (23.8%) $621,321 (1.9%) 0.00 182
    2023-04-01 $565,000 (24.2%) $639,691 (4.4%) 0.00 163
    2023-05-01 $569,975 (24.9%) $638,743 (10.1%) 0.00 181
    2023-06-01 $569,750 (22.0%) $632,098 (8.7%) 0.00 187
    2023-07-01 $524,000 (10.3%) $616,609 (12.3%) 0.00 214
    2023-08-01 $522,100 (8.9%) $606,103 (10.1%) 0.00 233
    2023-09-01 $499,900 (7.0%) $583,008 (5.3%) 0.00 264
    2023-10-01 $495,000 (4.2%) $567,797 (0.9%) 0.00 262
    2023-11-01 $484,250 (2.2%) $544,043 (-1.4%) 0.00 263
    2023-12-01 $479,500 (-1.9%) $545,726 (-3.8%) 0.00 232
    2024-01-01 $478,250 (-6.2%) $535,403 (-7.6%) 0.00 221
    2024-02-01 $480,700 (-14.8%) $557,759 (-8.9%) 0.00 204
    2024-03-01 $479,950 (-15.4%) $556,711 (-10.4%) 0.00 201
    Longview's median listing price for 2024-03-01 was $479,950, a difference of $-87,498 (-15.4%) versus the prior year and $-750 versus the prior month.

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

    Longview's average listing price for 2024-03-01 was $556,711, a difference of $-64,610 (-10.4%) versus the prior year and $-1,048 versus the prior month.

    For the 2024-03-01 period, Longview had 201 MLS listings, a difference of -3 listings (-1%) versus the prior month and 19 listings (10%) 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 0 days 1,976 sqft
    2018-02-01 0 days 2,064 sqft
    2018-03-01 0 days 2,048 sqft
    2018-04-01 0 days 1,932 sqft
    2018-05-01 0 days 1,895 sqft
    2018-06-01 0 days 1,912 sqft
    2018-07-01 0 days 1,846 sqft
    2018-08-01 0 days 1,847 sqft
    2018-09-01 0 days 1,875 sqft
    2018-10-01 0 days 1,795 sqft
    2018-11-01 0 days 1,811 sqft
    2018-12-01 0 days 1,872 sqft
    2019-01-01 0 days 1,869 sqft
    2019-02-01 0 days 1,862 sqft
    2019-03-01 0 days 1,864 sqft
    2019-04-01 0 days 1,867 sqft
    2019-05-01 0 days 1,926 sqft
    2019-06-01 0 days 1,888 sqft
    2019-07-01 0 days 1,933 sqft
    2019-08-01 0 days 1,894 sqft
    2019-09-01 0 days 1,846 sqft
    2019-10-01 0 days 1,801 sqft
    2019-11-01 0 days 1,812 sqft
    2019-12-01 0 days 1,751 sqft
    2020-01-01 0 days 1,742 sqft
    2020-02-01 0 days 1,656 sqft
    2020-03-01 0 days 1,668 sqft
    2020-04-01 0 days 1,744 sqft
    2020-05-01 0 days 1,782 sqft
    2020-06-01 0 days 1,787 sqft
    2020-07-01 0 days 1,843 sqft
    2020-08-01 0 days 1,920 sqft
    2020-09-01 0 days 1,833 sqft
    2020-10-01 0 days 1,786 sqft
    2020-11-01 0 days 1,802 sqft
    2020-12-01 0 days 1,687 sqft
    2021-01-01 0 days 1,750 sqft
    2021-02-01 0 days 1,707 sqft
    2021-03-01 0 days 1,670 sqft
    2021-04-01 0 days 1,978 sqft
    2021-05-01 0 days 1,768 sqft
    2021-06-01 0 days 1,806 sqft
    2021-07-01 0 days 1,809 sqft
    2021-08-01 0 days 1,797 sqft
    2021-09-01 0 days 1,950 sqft
    2021-10-01 0 days 1,783 sqft
    2021-11-01 0 days 1,864 sqft
    2021-12-01 0 days 1,871 sqft
    2022-01-01 0 days 1,703 sqft
    2022-02-01 0 days 1,636 sqft
    2022-03-01 0 days 1,812 sqft
    2022-04-01 0 days 1,818 sqft
    2022-05-01 0 days 1,813 sqft
    2022-06-01 0 days 1,803 sqft
    2022-07-01 0 days 1,812 sqft
    2022-08-01 0 days 1,833 sqft
    2022-09-01 0 days 1,826 sqft
    2022-10-01 0 days 1,861 sqft
    2022-11-01 0 days 1,934 sqft
    2022-12-01 0 days 2,023 sqft
    2023-01-01 0 days 2,043 sqft
    2023-02-01 0 days 2,094 sqft
    2023-03-01 0 days 2,141 sqft
    2023-04-01 0 days 2,187 sqft
    2023-05-01 0 days 2,145 sqft
    2023-06-01 0 days 2,119 sqft
    2023-07-01 0 days 2,021 sqft
    2023-08-01 0 days 2,088 sqft
    2023-09-01 0 days 1,993 sqft
    2023-10-01 0 days 2,001 sqft
    2023-11-01 0 days 1,966 sqft
    2023-12-01 0 days 1,911 sqft
    2024-01-01 0 days 1,869 sqft
    2024-02-01 0 days 1,818 sqft
    2024-03-01 0 days 1,820 sqft
    Longview's median listing age (time on market) for 2024-03-01 was 0 days.

    Longview's median square footage for active listings during the 2024-03-01 period was 1,820 sqft. One year prior, the average listing was 2,141 sqft.