Mount Vernon USDA Loan Rates, Closing Costs & Stats

MOUNT VERNON-ANACORTES, 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.

    Mount Vernon's 2 lenders originated 2 USDA loans during 2023. The total origination value was $740,000, with an average USDA loan value of $370,000.

    Mount Vernon USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Mount Vernon averaged 0.06% for the week of 2024-12-27, compared to the national average (all USDA variants) of 0% for the same period.

    Mount Vernon's average USDA mortgage closing costs are $7,523.

    The average rate for the prior week (2024-12-20) was 6.66% and one month ago for the week of 2024-11-22, the average rate was 6.26%.

    The average rate one year ago was 6.5%.

    For refis of the same type during the week of 2024-12-27, the average rate was 0.2%.

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

    Mount Vernon 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 Mount Vernon level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 5.25% $13,419
    UNITED WHOLESALE MORTGAGE, LLC 1 5.08% $15,445

    The top Mount Vernon USDA lender as defined by loan originations is AMERICAN PACIFIC MORTGAGE CORPORATION, with 1 USDA loans originated. Their average total fees are $13,419, which is $2,027 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Mount Vernon (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 $399,500 (11.1%) $617,046 (18.4%) 0.00 275
    2018-02-01 $418,588 (14.5%) $629,984 (20.9%) 0.00 266
    2018-03-01 $437,000 (20.2%) $648,294 (25.3%) 0.00 264
    2018-04-01 $468,750 (25.0%) $662,821 (23.3%) 0.00 287
    2018-05-01 $468,430 (22.2%) $637,518 (16.7%) 0.00 344
    2018-06-01 $475,000 (11.8%) $651,033 (9.4%) 0.00 368
    2018-07-01 $497,000 (22.7%) $655,852 (12.4%) 0.00 382
    2018-08-01 $476,975 (14.8%) $632,946 (9.7%) 0.00 443
    2018-09-01 $465,000 (11.1%) $621,670 (9.1%) 0.00 462
    2018-10-01 $454,400 (9.2%) $607,515 (5.6%) 0.00 448
    2018-11-01 $446,750 (7.2%) $602,980 (2.9%) 0.00 407
    2018-12-01 $439,925 (8.7%) $613,891 (1.1%) 0.00 360
    2019-01-01 $439,475 (10.0%) $633,036 (2.6%) 0.00 313
    2019-02-01 $487,500 (16.5%) $659,151 (4.6%) 0.00 285
    2019-03-01 $483,193 (10.6%) $645,379 (-0.5%) 0.00 307
    2019-04-01 $478,168 (2.0%) $632,152 (-4.6%) 0.00 334
    2019-05-01 $460,000 (-1.8%) $654,299 (2.6%) 0.00 365
    2019-06-01 $439,000 (-7.6%) $638,758 (-1.9%) 0.00 412
    2019-07-01 $426,000 (-14.3%) $620,541 (-5.4%) 0.00 436
    2019-08-01 $426,455 (-10.6%) $615,690 (-2.7%) 0.00 440
    2019-09-01 $425,636 (-8.5%) $605,806 (-2.6%) 0.00 432
    2019-10-01 $422,500 (-7.0%) $599,217 (-1.4%) 0.00 424
    2019-11-01 $430,000 (-3.8%) $617,073 (2.3%) 0.00 363
    2019-12-01 $442,000 (0.5%) $622,372 (1.4%) 0.00 311
    2020-01-01 $447,750 (1.9%) $624,371 (-1.4%) 0.00 267
    2020-02-01 $441,900 (-9.4%) $609,863 (-7.5%) 0.00 262
    2020-03-01 $462,450 (-4.3%) $626,081 (-3.0%) 0.00 281
    2020-04-01 $487,000 (1.9%) $647,945 (2.5%) 0.00 298
    2020-05-01 $464,200 (0.9%) $628,137 (-4.0%) 0.00 317
    2020-06-01 $462,000 (5.2%) $624,596 (-2.2%) 0.00 296
    2020-07-01 $484,700 (13.8%) $647,296 (4.3%) 0.00 275
    2020-08-01 $499,000 (17.0%) $660,109 (7.2%) 0.00 267
    2020-09-01 $491,475 (15.5%) $662,279 (9.3%) 0.00 271
    2020-10-01 $489,000 (15.7%) $673,631 (12.4%) 0.00 225
    2020-11-01 $512,000 (19.1%) $697,824 (13.1%) 0.00 137
    2020-12-01 $545,500 (23.4%) $738,683 (18.7%) 0.00 113
    2021-01-01 $528,000 (17.9%) $712,109 (14.1%) 0.00 98
    2021-02-01 $517,500 (17.1%) $757,225 (24.2%) 0.00 92
    2021-03-01 $497,000 (7.5%) $709,657 (13.4%) 0.00 99
    2021-04-01 $524,500 (7.7%) $732,553 (13.1%) 0.00 114
    2021-05-01 $565,000 (21.7%) $764,799 (21.8%) 0.00 122
    2021-06-01 $562,438 (21.7%) $776,874 (24.4%) 0.00 130
    2021-07-01 $597,000 (23.2%) $835,148 (29.0%) 0.00 146
    2021-08-01 $594,063 (19.1%) $806,859 (22.2%) 0.00 163
    2021-09-01 $599,000 (21.9%) $786,470 (18.8%) 0.00 175
    2021-10-01 $599,900 (22.7%) $794,789 (18.0%) 0.00 172
    2021-11-01 $599,900 (17.2%) $791,399 (13.4%) 0.00 127
    2021-12-01 $600,450 (10.1%) $809,042 (9.5%) 0.00 113
    2022-01-01 $575,000 (8.9%) $839,594 (17.9%) 0.00 89
    2022-02-01 $584,750 (13.0%) $814,246 (7.5%) 0.00 96
    2022-03-01 $599,938 (20.7%) $796,352 (12.2%) 0.00 106
    2022-04-01 $622,500 (18.7%) $863,287 (17.9%) 0.00 134
    2022-05-01 $619,999 (9.7%) $840,030 (9.8%) 0.00 170
    2022-06-01 $621,500 (10.5%) $828,107 (6.6%) 0.00 211
    2022-07-01 $600,000 (0.5%) $781,727 (-6.4%) 0.00 265
    2022-08-01 $599,925 (1.0%) $763,318 (-5.4%) 0.00 304
    2022-09-01 $612,500 (2.3%) $760,796 (-3.3%) 0.00 302
    2022-10-01 $632,500 (5.4%) $767,767 (-3.4%) 0.00 280
    2022-11-01 $637,500 (6.3%) $760,825 (-3.9%) 0.00 266
    2022-12-01 $616,875 (2.7%) $751,453 (-7.1%) 0.00 226
    2023-01-01 $596,850 (3.8%) $728,909 (-13.2%) 0.00 189
    2023-02-01 $604,325 (3.4%) $756,493 (-7.1%) 0.00 161
    2023-03-01 $616,725 (2.8%) $780,151 (-2.0%) 0.00 145
    2023-04-01 $657,250 (5.6%) $833,902 (-3.4%) 0.00 168
    2023-05-01 $644,500 (4.0%) $815,160 (-3.0%) 0.00 185
    2023-06-01 $631,488 (1.6%) $877,882 (6.0%) 0.00 204
    2023-07-01 $693,500 (15.6%) $923,029 (18.1%) 0.00 206
    2023-08-01 $694,000 (15.7%) $922,218 (20.8%) 0.00 222
    2023-09-01 $704,000 (14.9%) $956,945 (25.8%) 0.00 233
    2023-10-01 $724,500 (14.6%) $961,824 (25.3%) 0.00 239
    2023-11-01 $699,450 (9.7%) $947,606 (24.6%) 0.00 219
    2023-12-01 $675,000 (9.4%) $875,355 (16.5%) 0.00 185
    2024-01-01 $679,975 (13.9%) $904,495 (24.1%) 0.00 149
    2024-02-01 $669,963 (10.9%) $947,932 (25.3%) 0.00 138
    2024-03-01 $657,450 (6.6%) $930,511 (19.3%) 0.00 160
    2024-04-01 $651,225 (-0.9%) $918,099 (10.1%) 0.00 206
    2024-05-01 $693,750 (7.6%) $928,545 (13.9%) 0.00 295
    2024-06-01 $708,250 (12.2%) $928,792 (5.8%) 0.00 297
    2024-07-01 $699,975 (0.9%) $900,982 (-2.4%) 0.00 299
    2024-08-01 $699,000 (0.7%) $897,708 (-2.7%) 0.00 306
    2024-09-01 $699,000 (-0.7%) $887,376 (-7.3%) 0.00 315
    2024-10-01 $699,000 (-3.5%) $877,452 (-8.8%) 0.00 299
    2024-11-01 $675,000 (-3.5%) $819,619 (-13.5%) 0.00 277
    Mount Vernon's median listing price for 2024-11-01 was $675,000, a difference of $-24,450 (-3.5%) versus the prior year and $-24,000 versus the prior month.

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

    Mount Vernon's average listing price for 2024-11-01 was $819,619, a difference of $-127,987 (-13.5%) versus the prior year and $-57,833 versus the prior month.

    For the 2024-11-01 period, Mount Vernon had 277 MLS listings, a difference of -22 listings (-7%) versus the prior month and 58 listings (26%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Mount Vernon (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,036 sqft
    2018-02-01 0 days 2,094 sqft
    2018-03-01 0 days 2,068 sqft
    2018-04-01 0 days 2,151 sqft
    2018-05-01 0 days 2,135 sqft
    2018-06-01 0 days 2,160 sqft
    2018-07-01 0 days 2,167 sqft
    2018-08-01 0 days 2,094 sqft
    2018-09-01 0 days 2,039 sqft
    2018-10-01 0 days 2,007 sqft
    2018-11-01 0 days 2,005 sqft
    2018-12-01 0 days 2,008 sqft
    2019-01-01 0 days 2,030 sqft
    2019-02-01 0 days 2,104 sqft
    2019-03-01 0 days 2,058 sqft
    2019-04-01 0 days 2,008 sqft
    2019-05-01 0 days 1,979 sqft
    2019-06-01 0 days 1,914 sqft
    2019-07-01 0 days 1,899 sqft
    2019-08-01 0 days 1,891 sqft
    2019-09-01 0 days 1,880 sqft
    2019-10-01 0 days 1,880 sqft
    2019-11-01 0 days 1,920 sqft
    2019-12-01 0 days 1,916 sqft
    2020-01-01 0 days 1,916 sqft
    2020-02-01 0 days 1,892 sqft
    2020-03-01 0 days 1,916 sqft
    2020-04-01 0 days 1,979 sqft
    2020-05-01 0 days 1,898 sqft
    2020-06-01 0 days 1,917 sqft
    2020-07-01 0 days 1,930 sqft
    2020-08-01 0 days 1,940 sqft
    2020-09-01 0 days 1,897 sqft
    2020-10-01 0 days 1,936 sqft
    2020-11-01 0 days 1,884 sqft
    2020-12-01 0 days 2,005 sqft
    2021-01-01 0 days 1,919 sqft
    2021-02-01 0 days 1,847 sqft
    2021-03-01 0 days 1,786 sqft
    2021-04-01 0 days 1,816 sqft
    2021-05-01 0 days 1,888 sqft
    2021-06-01 0 days 1,866 sqft
    2021-07-01 0 days 2,022 sqft
    2021-08-01 0 days 2,026 sqft
    2021-09-01 0 days 2,014 sqft
    2021-10-01 0 days 1,966 sqft
    2021-11-01 0 days 1,946 sqft
    2021-12-01 0 days 1,904 sqft
    2022-01-01 0 days 1,871 sqft
    2022-02-01 0 days 1,800 sqft
    2022-03-01 0 days 1,801 sqft
    2022-04-01 0 days 1,809 sqft
    2022-05-01 0 days 1,850 sqft
    2022-06-01 0 days 1,917 sqft
    2022-07-01 0 days 1,929 sqft
    2022-08-01 0 days 1,910 sqft
    2022-09-01 0 days 1,880 sqft
    2022-10-01 0 days 1,949 sqft
    2022-11-01 0 days 1,955 sqft
    2022-12-01 0 days 1,942 sqft
    2023-01-01 0 days 1,936 sqft
    2023-02-01 0 days 1,974 sqft
    2023-03-01 0 days 2,020 sqft
    2023-04-01 0 days 2,128 sqft
    2023-05-01 0 days 1,930 sqft
    2023-06-01 0 days 1,959 sqft
    2023-07-01 0 days 2,006 sqft
    2023-08-01 0 days 2,067 sqft
    2023-09-01 0 days 2,014 sqft
    2023-10-01 0 days 2,135 sqft
    2023-11-01 0 days 2,043 sqft
    2023-12-01 0 days 2,020 sqft
    2024-01-01 0 days 2,211 sqft
    2024-02-01 0 days 2,218 sqft
    2024-03-01 0 days 2,058 sqft
    2024-04-01 0 days 1,988 sqft
    2024-05-01 0 days 1,963 sqft
    2024-06-01 0 days 1,980 sqft
    2024-07-01 0 days 1,997 sqft
    2024-08-01 0 days 1,996 sqft
    2024-09-01 0 days 1,968 sqft
    2024-10-01 0 days 1,956 sqft
    2024-11-01 0 days 1,960 sqft
    Mount Vernon's median listing age (time on market) for 2024-11-01 was 0 days.

    Mount Vernon's median square footage for active listings during the 2024-11-01 period was 1,960 sqft. One year prior, the average listing was 2,043 sqft.