Marinette USDA Loan Rates, Closing Costs & Stats

Marinette, WI-MI

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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.

    Marinette's 9 lenders originated 20 USDA loans during 2023. The total origination value was $2,670,000, with an average USDA loan value of $133,500.

    Marinette USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Marinette averaged 6.6% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

    Marinette's average USDA mortgage closing costs are $4,128.

    The average rate for the prior week (2024-12-06) was 6.24% and one month ago for the week of 2024-11-08, the average rate was 6.55%.

    The average rate one year ago was 6.82%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.4%.

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

    Marinette 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 Marinette level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    GUARANTEED RATE, INC. 7 7.09% $5,440
    Flagstar Bank, FSB 4 6.75% $5,123
    GUILD MORTGAGE COMPANY 1 6.13% $5,488
    J. VIRGIL, INC. 1 7.13% $7,368
    Paramount Residential Mortgage Group, Inc. 1 6.63% $4,639
    UNITED WHOLESALE MORTGAGE, LLC 1 6.50% $4,982
    CoVantage Credit Union 1 6.00% $5,800
    V.I.P. MORTGAGE, INC. 1 7.50% $8,527
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 7.63% $5,149

    The top Marinette USDA lender as defined by loan originations is GUARANTEED RATE, INC., with 7 USDA loans originated. Their average total fees are $5,440, which is $317 higher than the next largest lender, Flagstar Bank, FSB.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Marinette (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 $119,700 (8.9%) $173,839 (0.6%) 0.00 429
    2018-02-01 $124,950 (11.6%) $178,921 (1.0%) 0.00 433
    2018-03-01 $126,950 (6.7%) $178,971 (1.1%) 0.00 413
    2018-04-01 $130,900 (4.3%) $195,341 (6.3%) 0.00 417
    2018-05-01 $137,700 (8.4%) $202,088 (11.6%) 0.00 432
    2018-06-01 $134,900 (4.1%) $183,731 (0.9%) 0.00 493
    2018-07-01 $138,975 (11.9%) $181,650 (-2.8%) 0.00 613
    2018-08-01 $130,000 (4.1%) $175,436 (-7.6%) 0.00 668
    2018-09-01 $134,900 (8.8%) $181,557 (-0.7%) 0.00 568
    2018-10-01 $139,225 (10.1%) $186,995 (1.7%) 0.00 531
    2018-11-01 $139,450 (12.3%) $188,636 (3.4%) 0.00 518
    2018-12-01 $134,900 (12.5%) $188,608 (6.6%) 0.00 472
    2019-01-01 $131,950 (10.2%) $192,627 (10.8%) 0.00 417
    2019-02-01 $131,950 (5.6%) $193,527 (8.2%) 0.00 411
    2019-03-01 $130,471 (2.8%) $190,120 (6.2%) 0.00 416
    2019-04-01 $132,471 (1.2%) $187,444 (-4.0%) 0.00 439
    2019-05-01 $129,900 (-5.7%) $186,737 (-7.6%) 0.00 459
    2019-06-01 $129,900 (-3.7%) $180,616 (-1.7%) 0.00 513
    2019-07-01 $129,900 (-6.5%) $180,134 (-0.8%) 0.00 514
    2019-08-01 $130,200 (0.2%) $182,010 (3.8%) 0.00 511
    2019-09-01 $130,650 (-3.2%) $182,794 (0.7%) 0.00 495
    2019-10-01 $135,450 (-2.7%) $185,545 (-0.8%) 0.00 454
    2019-11-01 $139,000 (-0.3%) $185,779 (-1.5%) 0.00 389
    2019-12-01 $130,925 (-3.0%) $179,266 (-5.0%) 0.00 338
    2020-01-01 $129,900 (-1.6%) $180,154 (-6.5%) 0.00 303
    2020-02-01 $139,900 (6.0%) $181,684 (-6.1%) 0.00 308
    2020-03-01 $149,900 (14.9%) $194,548 (2.3%) 0.00 305
    2020-04-01 $149,900 (13.2%) $195,804 (4.5%) 0.00 272
    2020-05-01 $149,900 (15.4%) $200,102 (7.2%) 0.00 270
    2020-06-01 $146,900 (13.1%) $200,432 (11.0%) 0.00 301
    2020-07-01 $145,900 (12.3%) $202,025 (12.2%) 0.00 315
    2020-08-01 $149,900 (15.1%) $205,264 (12.8%) 0.00 280
    2020-09-01 $149,900 (14.7%) $212,926 (16.5%) 0.00 266
    2020-10-01 $142,450 (5.2%) $205,373 (10.7%) 0.00 237
    2020-11-01 $135,650 (-2.4%) $201,887 (8.7%) 0.00 197
    2020-12-01 $132,900 (1.5%) $211,890 (18.2%) 0.00 172
    2021-01-01 $139,900 (7.7%) $219,616 (21.9%) 0.00 146
    2021-02-01 $148,675 (6.3%) $238,175 (31.1%) 0.00 131
    2021-03-01 $162,650 (8.5%) $252,475 (29.8%) 0.00 115
    2021-04-01 $159,400 (6.3%) $243,010 (24.1%) 0.00 117
    2021-05-01 $157,400 (5.0%) $226,738 (13.3%) 0.00 136
    2021-06-01 $150,950 (2.8%) $223,221 (11.4%) 0.00 160
    2021-07-01 $159,900 (9.6%) $231,550 (14.6%) 0.00 181
    2021-08-01 $169,900 (13.3%) $242,140 (18.0%) 0.00 177
    2021-09-01 $167,450 (11.7%) $235,162 (10.4%) 0.00 180
    2021-10-01 $169,900 (19.3%) $251,115 (22.3%) 0.00 171
    2021-11-01 $156,725 (15.5%) $254,658 (26.1%) 0.00 139
    2021-12-01 $159,300 (19.9%) $270,046 (27.5%) 0.00 113
    2022-01-01 $159,900 (14.3%) $300,582 (36.9%) 0.00 90
    2022-02-01 $159,925 (7.6%) $325,430 (36.6%) 0.00 79
    2022-03-01 $179,900 (10.6%) $372,149 (47.4%) 0.00 78
    2022-04-01 $179,900 (12.9%) $279,851 (15.2%) 0.00 96
    2022-05-01 $204,950 (30.2%) $285,614 (26.0%) 0.00 97
    2022-06-01 $188,650 (25.0%) $271,143 (21.5%) 0.00 131
    2022-07-01 $182,450 (14.1%) $261,704 (13.0%) 0.00 136
    2022-08-01 $177,450 (4.4%) $251,407 (3.8%) 0.00 148
    2022-09-01 $174,900 (4.5%) $245,507 (4.4%) 0.00 159
    2022-10-01 $174,900 (2.9%) $248,861 (-0.9%) 0.00 150
    2022-11-01 $179,900 (14.8%) $242,182 (-4.9%) 0.00 153
    2022-12-01 $190,000 (19.3%) $239,899 (-11.2%) 0.00 144
    2023-01-01 $199,900 (25.0%) $257,331 (-14.4%) 0.00 110
    2023-02-01 $212,975 (33.2%) $273,221 (-16.0%) 0.00 96
    2023-03-01 $222,425 (23.6%) $278,836 (-25.1%) 0.00 84
    2023-04-01 $222,400 (23.6%) $291,148 (4.0%) 0.00 86
    2023-05-01 $219,175 (6.9%) $285,637 (0.0%) 0.00 100
    2023-06-01 $225,000 (19.3%) $293,867 (8.4%) 0.00 110
    2023-07-01 $249,900 (37.0%) $300,932 (15.0%) 0.00 112
    2023-08-01 $224,975 (26.8%) $294,043 (17.0%) 0.00 146
    2023-09-01 $225,000 (28.6%) $294,143 (19.8%) 0.00 153
    2023-10-01 $244,900 (40.0%) $291,723 (17.2%) 0.00 153
    2023-11-01 $227,450 (26.4%) $288,483 (19.1%) 0.00 142
    2023-12-01 $199,900 (5.2%) $280,456 (16.9%) 0.00 122
    2024-01-01 $207,450 (3.8%) $274,630 (6.7%) 0.00 112
    2024-02-01 $207,400 (-2.6%) $306,686 (12.3%) 0.00 101
    2024-03-01 $224,900 (1.1%) $323,241 (15.9%) 0.00 106
    2024-04-01 $239,900 (7.9%) $346,191 (18.9%) 0.00 120
    2024-05-01 $247,400 (12.9%) $345,306 (20.9%) 0.00 145
    2024-06-01 $249,900 (11.1%) $352,095 (19.8%) 0.00 149
    2024-07-01 $268,675 (7.5%) $348,869 (15.9%) 0.00 168
    2024-08-01 $259,900 (15.5%) $347,848 (18.3%) 0.00 187
    2024-09-01 $241,175 (7.2%) $329,027 (11.9%) 0.00 189
    2024-10-01 $234,900 (-4.1%) $327,436 (12.2%) 0.00 183
    2024-11-01 $229,900 (1.1%) $316,101 (9.6%) 0.00 187
    Marinette's median listing price for 2024-11-01 was $229,900, a difference of $2,450 (1.1%) versus the prior year and $-5,000 versus the prior month.

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

    Marinette's average listing price for 2024-11-01 was $316,101, a difference of $27,618 (9.6%) versus the prior year and $-11,335 versus the prior month.

    For the 2024-11-01 period, Marinette had 187 MLS listings, a difference of 4 listings (2%) versus the prior month and 45 listings (32%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Marinette (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,432 sqft
    2018-02-01 0 days 1,452 sqft
    2018-03-01 0 days 1,430 sqft
    2018-04-01 0 days 1,420 sqft
    2018-05-01 0 days 1,512 sqft
    2018-06-01 0 days 1,494 sqft
    2018-07-01 0 days 1,423 sqft
    2018-08-01 0 days 1,400 sqft
    2018-09-01 0 days 1,460 sqft
    2018-10-01 0 days 1,470 sqft
    2018-11-01 0 days 1,456 sqft
    2018-12-01 0 days 1,428 sqft
    2019-01-01 0 days 1,411 sqft
    2019-02-01 0 days 1,433 sqft
    2019-03-01 0 days 1,412 sqft
    2019-04-01 0 days 1,391 sqft
    2019-05-01 0 days 1,399 sqft
    2019-06-01 0 days 1,440 sqft
    2019-07-01 0 days 1,411 sqft
    2019-08-01 0 days 1,411 sqft
    2019-09-01 0 days 1,398 sqft
    2019-10-01 0 days 1,420 sqft
    2019-11-01 0 days 1,462 sqft
    2019-12-01 0 days 1,450 sqft
    2020-01-01 0 days 1,451 sqft
    2020-02-01 0 days 1,516 sqft
    2020-03-01 0 days 1,536 sqft
    2020-04-01 0 days 1,539 sqft
    2020-05-01 0 days 1,512 sqft
    2020-06-01 0 days 1,450 sqft
    2020-07-01 0 days 1,435 sqft
    2020-08-01 0 days 1,460 sqft
    2020-09-01 0 days 1,439 sqft
    2020-10-01 0 days 1,400 sqft
    2020-11-01 0 days 1,420 sqft
    2020-12-01 0 days 1,503 sqft
    2021-01-01 0 days 1,600 sqft
    2021-02-01 0 days 1,681 sqft
    2021-03-01 0 days 1,700 sqft
    2021-04-01 0 days 1,600 sqft
    2021-05-01 0 days 1,567 sqft
    2021-06-01 0 days 1,572 sqft
    2021-07-01 0 days 1,456 sqft
    2021-08-01 0 days 1,497 sqft
    2021-09-01 0 days 1,500 sqft
    2021-10-01 0 days 1,500 sqft
    2021-11-01 0 days 1,487 sqft
    2021-12-01 0 days 1,507 sqft
    2022-01-01 0 days 1,500 sqft
    2022-02-01 0 days 1,439 sqft
    2022-03-01 0 days 1,405 sqft
    2022-04-01 0 days 1,518 sqft
    2022-05-01 0 days 1,589 sqft
    2022-06-01 0 days 1,500 sqft
    2022-07-01 0 days 1,444 sqft
    2022-08-01 0 days 1,446 sqft
    2022-09-01 0 days 1,402 sqft
    2022-10-01 0 days 1,432 sqft
    2022-11-01 0 days 1,404 sqft
    2022-12-01 0 days 1,457 sqft
    2023-01-01 0 days 1,627 sqft
    2023-02-01 0 days 1,687 sqft
    2023-03-01 0 days 1,593 sqft
    2023-04-01 0 days 1,568 sqft
    2023-05-01 0 days 1,478 sqft
    2023-06-01 0 days 1,474 sqft
    2023-07-01 0 days 1,500 sqft
    2023-08-01 0 days 1,483 sqft
    2023-09-01 0 days 1,512 sqft
    2023-10-01 0 days 1,599 sqft
    2023-11-01 0 days 1,610 sqft
    2023-12-01 0 days 1,535 sqft
    2024-01-01 0 days 1,467 sqft
    2024-02-01 0 days 1,527 sqft
    2024-03-01 0 days 1,554 sqft
    2024-04-01 0 days 1,567 sqft
    2024-05-01 0 days 1,546 sqft
    2024-06-01 0 days 1,562 sqft
    2024-07-01 0 days 1,556 sqft
    2024-08-01 0 days 1,534 sqft
    2024-09-01 0 days 1,543 sqft
    2024-10-01 0 days 1,512 sqft
    2024-11-01 0 days 1,500 sqft
    Marinette's median listing age (time on market) for 2024-11-01 was 0 days.

    Marinette's median square footage for active listings during the 2024-11-01 period was 1,500 sqft. One year prior, the average listing was 1,610 sqft.