Mccomb USDA Loan Rates, Closing Costs & Stats
McComb, MS
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.
Mccomb's 9 lenders originated 16 USDA loans during 2023. The total origination value was $2,170,000, with an average USDA loan value of $135,625.
Mccomb USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Mccomb
averaged
-0.09%
for the week of 2024-11-29, compared to the national average (all USDA variants) of
0% for the same period.
Mccomb's average USDA mortgage closing costs are $4,926.
The average rate for the prior week (2024-11-22) was
6.51% and
one month ago for the week of 2024-10-25, the
average rate was 6.11%.
The average rate one year ago was 6.92%.
For refis of the same type during the week of 2024-11-29, the average rate
was 0%.
Mccomb 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 Mccomb level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
FIDELITY BANK | 6 | 6.83% | $5,788 |
OPEN MORTGAGE, LLC | 2 | 6.81% | $5,489 |
CROSSCOUNTRY MORTGAGE, LLC | 2 | 7.00% | $6,996 |
MID AMERICA MORTGAGE, INC. | 1 | 8.13% | $6,467 |
STOCKTON MORTGAGE CORPORATION | 1 | 7.13% | $5,229 |
AMERICAN PACIFIC MORTGAGE CORPORATION | 1 | 6.75% | $7,243 |
Trustmark National Bank | 1 | 6.63% | $4,460 |
Bank of England | 1 | 6.25% | $6,857 |
GMFS LLC | 1 | 5.99% | $6,758 |
The top Mccomb USDA lender as defined by loan originations is FIDELITY BANK, with
6 USDA loans originated. Their average total fees are
$5,788, which is $299
higher than the next largest lender,
OPEN MORTGAGE, LLC.
The lowest fee Mccomb USDA lenders (with over 10 loans originated) are
.
The lowest rate Mccomb USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Mccomb (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $129,000 (-8.2%) | $166,097 (-6.8%) | 0.00 | 205 |
2018-02-01 | $125,000 (-11.7%) | $165,319 (-6.0%) | 0.00 | 204 |
2018-03-01 | $120,900 (-19.4%) | $158,267 (-12.0%) | 0.00 | 215 |
2018-04-01 | $119,900 (-19.5%) | $159,152 (-11.0%) | 0.00 | 227 |
2018-05-01 | $115,725 (-18.8%) | $151,984 (-15.1%) | 0.00 | 228 |
2018-06-01 | $119,950 (-14.3%) | $156,600 (-11.4%) | 0.00 | 242 |
2018-07-01 | $124,450 (-10.1%) | $164,775 (-4.5%) | 0.00 | 254 |
2018-08-01 | $122,450 (-12.5%) | $165,346 (-6.6%) | 0.00 | 257 |
2018-09-01 | $124,450 (-4.2%) | $164,548 (-2.4%) | 0.00 | 265 |
2018-10-01 | $120,875 (-7.9%) | $165,569 (-2.0%) | 0.00 | 262 |
2018-11-01 | $119,600 (-7.5%) | $166,565 (-1.5%) | 0.00 | 258 |
2018-12-01 | $123,500 (-6.3%) | $169,838 (-1.3%) | 0.00 | 260 |
2019-01-01 | $119,750 (-7.2%) | $169,368 (2.0%) | 0.00 | 247 |
2019-02-01 | $126,850 (1.5%) | $171,827 (3.9%) | 0.00 | 247 |
2019-03-01 | $129,214 (6.9%) | $173,329 (9.5%) | 0.00 | 234 |
2019-04-01 | $129,214 (7.8%) | $171,266 (7.6%) | 0.00 | 223 |
2019-05-01 | $129,075 (11.5%) | $169,570 (11.6%) | 0.00 | 217 |
2019-06-01 | $129,700 (8.1%) | $171,319 (9.4%) | 0.00 | 201 |
2019-07-01 | $120,000 (-3.6%) | $165,807 (0.6%) | 0.00 | 200 |
2019-08-01 | $122,509 (0.1%) | $168,534 (1.9%) | 0.00 | 199 |
2019-09-01 | $126,273 (1.5%) | $171,374 (4.2%) | 0.00 | 195 |
2019-10-01 | $128,782 (6.5%) | $175,448 (6.0%) | 0.00 | 187 |
2019-11-01 | $125,000 (4.5%) | $174,890 (5.0%) | 0.00 | 182 |
2019-12-01 | $125,000 (1.2%) | $173,847 (2.4%) | 0.00 | 186 |
2020-01-01 | $124,950 (4.3%) | $174,308 (2.9%) | 0.00 | 181 |
2020-02-01 | $125,000 (-1.5%) | $177,146 (3.1%) | 0.00 | 180 |
2020-03-01 | $131,625 (1.9%) | $184,408 (6.4%) | 0.00 | 178 |
2020-04-01 | $129,950 (0.6%) | $184,452 (7.7%) | 0.00 | 174 |
2020-05-01 | $130,000 (0.7%) | $183,893 (8.5%) | 0.00 | 159 |
2020-06-01 | $129,250 (-0.4%) | $183,608 (7.2%) | 0.00 | 155 |
2020-07-01 | $129,700 (8.1%) | $187,984 (13.4%) | 0.00 | 139 |
2020-08-01 | $129,900 (6.0%) | $190,015 (12.8%) | 0.00 | 143 |
2020-09-01 | $149,900 (18.7%) | $208,916 (21.9%) | 0.00 | 132 |
2020-10-01 | $149,900 (16.4%) | $212,579 (21.2%) | 0.00 | 124 |
2020-11-01 | $152,000 (21.6%) | $215,841 (23.4%) | 0.00 | 121 |
2020-12-01 | $153,500 (22.8%) | $222,085 (27.8%) | 0.00 | 109 |
2021-01-01 | $168,000 (34.5%) | $229,842 (31.9%) | 0.00 | 105 |
2021-02-01 | $169,500 (35.6%) | $232,377 (31.2%) | 0.00 | 94 |
2021-03-01 | $192,200 (46.0%) | $252,734 (37.1%) | 0.00 | 81 |
2021-04-01 | $192,475 (48.1%) | $276,536 (49.9%) | 0.00 | 69 |
2021-05-01 | $175,000 (34.6%) | $265,771 (44.5%) | 0.00 | 61 |
2021-06-01 | $175,000 (35.4%) | $267,881 (45.9%) | 0.00 | 69 |
2021-07-01 | $169,000 (30.3%) | $244,320 (30.0%) | 0.00 | 74 |
2021-08-01 | $149,900 (15.4%) | $231,497 (21.8%) | 0.00 | 74 |
2021-09-01 | $139,475 (-7.0%) | $225,616 (8.0%) | 0.00 | 78 |
2021-10-01 | $154,450 (3.0%) | $237,837 (11.9%) | 0.00 | 81 |
2021-11-01 | $180,000 (18.4%) | $253,420 (17.4%) | 0.00 | 70 |
2021-12-01 | $189,750 (23.6%) | $258,412 (16.4%) | 0.00 | 69 |
2022-01-01 | $175,000 (4.2%) | $248,041 (7.9%) | 0.00 | 64 |
2022-02-01 | $179,500 (5.9%) | $266,295 (14.6%) | 0.00 | 51 |
2022-03-01 | $173,425 (-9.8%) | $266,341 (5.4%) | 0.00 | 51 |
2022-04-01 | $175,000 (-9.1%) | $270,012 (-2.4%) | 0.00 | 41 |
2022-05-01 | $171,825 (-1.8%) | $255,388 (-3.9%) | 0.00 | 55 |
2022-06-01 | $174,375 (-0.4%) | $243,010 (-9.3%) | 0.00 | 68 |
2022-07-01 | $188,485 (11.5%) | $239,970 (-1.8%) | 0.00 | 66 |
2022-08-01 | $194,900 (30.0%) | $252,034 (8.9%) | 0.00 | 65 |
2022-09-01 | $194,725 (39.6%) | $344,588 (52.7%) | 0.00 | 69 |
2022-10-01 | $189,500 (22.7%) | $315,168 (32.5%) | 0.00 | 82 |
2022-11-01 | $186,375 (3.5%) | $293,260 (15.7%) | 0.00 | 85 |
2022-12-01 | $189,500 (-0.1%) | $269,839 (4.4%) | 0.00 | 87 |
2023-01-01 | $174,175 (-0.5%) | $271,286 (9.4%) | 0.00 | 82 |
2023-02-01 | $164,250 (-8.5%) | $248,712 (-6.6%) | 0.00 | 83 |
2023-03-01 | $166,825 (-3.8%) | $257,316 (-3.4%) | 0.00 | 84 |
2023-04-01 | $170,000 (-2.9%) | $255,541 (-5.4%) | 0.00 | 88 |
2023-05-01 | $169,225 (-1.5%) | $242,958 (-4.9%) | 0.00 | 93 |
2023-06-01 | $178,625 (2.4%) | $240,068 (-1.2%) | 0.00 | 94 |
2023-07-01 | $190,950 (1.3%) | $246,399 (2.7%) | 0.00 | 94 |
2023-08-01 | $180,725 (-7.3%) | $234,429 (-7.0%) | 0.00 | 95 |
2023-09-01 | $166,750 (-14.4%) | $217,981 (-36.7%) | 0.00 | 101 |
2023-10-01 | $165,000 (-12.9%) | $214,631 (-31.9%) | 0.00 | 102 |
2023-11-01 | $178,675 (-4.1%) | $223,263 (-23.9%) | 0.00 | 106 |
2023-12-01 | $175,000 (-7.7%) | $223,390 (-17.2%) | 0.00 | 101 |
2024-01-01 | $173,725 (-0.3%) | $229,279 (-15.5%) | 0.00 | 99 |
2024-02-01 | $179,900 (9.5%) | $244,709 (-1.6%) | 0.00 | 91 |
2024-03-01 | $197,250 (18.2%) | $237,129 (-7.8%) | 0.00 | 86 |
2024-04-01 | $191,125 (12.4%) | $236,115 (-7.6%) | 0.00 | 80 |
2024-05-01 | $199,000 (17.6%) | $250,621 (3.2%) | 0.00 | 78 |
2024-06-01 | $185,000 (3.6%) | $239,507 (-0.2%) | 0.00 | 74 |
2024-07-01 | $219,625 (15.0%) | $252,732 (2.6%) | 0.00 | 82 |
2024-08-01 | $214,250 (18.6%) | $243,124 (3.7%) | 0.00 | 85 |
2024-09-01 | $199,125 (19.4%) | $229,497 (5.3%) | 0.00 | 82 |
2024-10-01 | $189,225 (14.7%) | $220,558 (2.8%) | 0.00 | 80 |
Mccomb's median listing price comes in at 0% of the national average.
Mccomb's average listing price for 2024-10-01 was $220,558, a difference of $5,927 (2.8%) versus the prior year and $-8,939 versus the prior month.
For the 2024-10-01 period, Mccomb had 80 MLS listings, a difference of -2 listings (-2%) versus the prior month and -22 listings (-22%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Mccomb (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,936 sqft |
2018-02-01 | 0 days | 1,940 sqft |
2018-03-01 | 0 days | 1,900 sqft |
2018-04-01 | 0 days | 1,906 sqft |
2018-05-01 | 0 days | 1,903 sqft |
2018-06-01 | 0 days | 1,907 sqft |
2018-07-01 | 0 days | 1,929 sqft |
2018-08-01 | 0 days | 1,927 sqft |
2018-09-01 | 0 days | 1,901 sqft |
2018-10-01 | 0 days | 1,888 sqft |
2018-11-01 | 0 days | 1,870 sqft |
2018-12-01 | 0 days | 1,872 sqft |
2019-01-01 | 0 days | 1,883 sqft |
2019-02-01 | 0 days | 1,881 sqft |
2019-03-01 | 0 days | 1,875 sqft |
2019-04-01 | 0 days | 1,856 sqft |
2019-05-01 | 0 days | 1,843 sqft |
2019-06-01 | 0 days | 1,840 sqft |
2019-07-01 | 0 days | 1,810 sqft |
2019-08-01 | 0 days | 1,818 sqft |
2019-09-01 | 0 days | 1,830 sqft |
2019-10-01 | 0 days | 1,861 sqft |
2019-11-01 | 0 days | 1,894 sqft |
2019-12-01 | 0 days | 1,892 sqft |
2020-01-01 | 0 days | 1,891 sqft |
2020-02-01 | 0 days | 1,895 sqft |
2020-03-01 | 0 days | 1,894 sqft |
2020-04-01 | 0 days | 1,892 sqft |
2020-05-01 | 0 days | 1,896 sqft |
2020-06-01 | 0 days | 1,920 sqft |
2020-07-01 | 0 days | 1,972 sqft |
2020-08-01 | 0 days | 1,999 sqft |
2020-09-01 | 0 days | 2,149 sqft |
2020-10-01 | 0 days | 2,118 sqft |
2020-11-01 | 0 days | 2,144 sqft |
2020-12-01 | 0 days | 2,187 sqft |
2021-01-01 | 0 days | 2,256 sqft |
2021-02-01 | 0 days | 2,219 sqft |
2021-03-01 | 0 days | 2,251 sqft |
2021-04-01 | 0 days | 2,246 sqft |
2021-05-01 | 0 days | 2,120 sqft |
2021-06-01 | 0 days | 2,268 sqft |
2021-07-01 | 0 days | 2,004 sqft |
2021-08-01 | 0 days | 1,940 sqft |
2021-09-01 | 0 days | 1,900 sqft |
2021-10-01 | 0 days | 2,004 sqft |
2021-11-01 | 0 days | 2,009 sqft |
2021-12-01 | 0 days | 2,132 sqft |
2022-01-01 | 0 days | 2,417 sqft |
2022-02-01 | 0 days | 2,159 sqft |
2022-03-01 | 0 days | 2,012 sqft |
2022-04-01 | 0 days | 2,008 sqft |
2022-05-01 | 0 days | 2,022 sqft |
2022-06-01 | 0 days | 2,003 sqft |
2022-07-01 | 0 days | 2,000 sqft |
2022-08-01 | 0 days | 2,000 sqft |
2022-09-01 | 0 days | 2,035 sqft |
2022-10-01 | 0 days | 2,014 sqft |
2022-11-01 | 0 days | 2,006 sqft |
2022-12-01 | 0 days | 2,004 sqft |
2023-01-01 | 0 days | 2,014 sqft |
2023-02-01 | 0 days | 2,011 sqft |
2023-03-01 | 0 days | 2,015 sqft |
2023-04-01 | 0 days | 2,069 sqft |
2023-05-01 | 0 days | 2,014 sqft |
2023-06-01 | 0 days | 2,052 sqft |
2023-07-01 | 0 days | 2,030 sqft |
2023-08-01 | 0 days | 2,033 sqft |
2023-09-01 | 0 days | 1,906 sqft |
2023-10-01 | 0 days | 1,913 sqft |
2023-11-01 | 0 days | 1,946 sqft |
2023-12-01 | 0 days | 1,953 sqft |
2024-01-01 | 0 days | 1,894 sqft |
2024-02-01 | 0 days | 1,885 sqft |
2024-03-01 | 0 days | 1,936 sqft |
2024-04-01 | 0 days | 1,985 sqft |
2024-05-01 | 0 days | 2,145 sqft |
2024-06-01 | 0 days | 2,200 sqft |
2024-07-01 | 0 days | 2,247 sqft |
2024-08-01 | 0 days | 2,138 sqft |
2024-09-01 | 0 days | 2,035 sqft |
2024-10-01 | 0 days | 2,023 sqft |
Mccomb's median square footage for active listings during the 2024-10-01 period was 2,023 sqft. One year prior, the average listing was 1,913 sqft.