Mount Vernon USDA Loan Rates, Closing Costs & Stats
MOUNT VERNON-ANACORTES, WA
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
6.62%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Mount Vernon's average USDA mortgage closing costs are $7,523.
The average rate for the prior week (2024-04-12) was
6.47% and
one month ago for the week of 2024-03-15, the
average rate was 6.65%.
The average rate one year ago was 6.49%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.86%.
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 |
Mount Vernon's median listing price comes in at 0% of the national average.
Mount Vernon's average listing price for 2024-03-01 was $930,511, a difference of $150,360 (19.3%) versus the prior year and $-17,421 versus the prior month.
For the 2024-03-01 period, Mount Vernon had 160 MLS listings, a difference of 22 listings (16%) versus the prior month and 15 listings (10%) 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 |
Mount Vernon's median square footage for active listings during the 2024-03-01 period was 2,058 sqft. One year prior, the average listing was 2,020 sqft.