Port Angeles USDA Loan Rates, Closing Costs & Stats
Port Angeles, 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.
Port Angeles's 4 lenders originated 9 USDA loans during 2023. The total origination value was $2,835,000, with an average USDA loan value of $315,000.
Port Angeles USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Port Angeles
averaged
6.76%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Port Angeles's average USDA mortgage closing costs are $6,823.
The average rate for the prior week (2024-04-12) was
7.01% and
one month ago for the week of 2024-03-15, the
average rate was 6.69%.
The average rate one year ago was 6.43%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.66%.
Port Angeles 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 Port Angeles level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | 4 | 6.03% | $14,726 |
| CARDINAL FINANCIAL | 2 | 6.50% | $9,320 |
| CROSSCOUNTRY MORTGAGE, LLC | 2 | 6.56% | $9,447 |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | 1 | 6.25% | $9,791 |
The top Port Angeles USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
4 USDA loans originated. Their average total fees are
$14,726, which is $5,406
higher than the next largest lender,
CARDINAL FINANCIAL.
The lowest fee Port Angeles USDA lenders (with over 10 loans originated) are
.
The lowest rate Port Angeles USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Port Angeles (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 | $312,450 (4.4%) | $369,585 (-4.3%) | 0.00 | 285 |
| 2018-02-01 | $321,750 (3.5%) | $368,648 (-5.5%) | 0.00 | 273 |
| 2018-03-01 | $345,000 (13.3%) | $413,117 (8.5%) | 0.00 | 176 |
| 2018-04-01 | $377,500 (22.6%) | $437,171 (12.3%) | 0.00 | 187 |
| 2018-05-01 | $394,975 (20.0%) | $464,684 (14.9%) | 0.00 | 207 |
| 2018-06-01 | $400,000 (22.5%) | $483,830 (20.1%) | 0.00 | 233 |
| 2018-07-01 | $399,000 (22.8%) | $475,292 (20.7%) | 0.00 | 271 |
| 2018-08-01 | $392,238 (26.5%) | $466,229 (18.7%) | 0.00 | 308 |
| 2018-09-01 | $379,000 (22.3%) | $453,647 (14.8%) | 0.00 | 325 |
| 2018-10-01 | $384,500 (27.2%) | $441,458 (14.8%) | 0.00 | 319 |
| 2018-11-01 | $383,725 (28.7%) | $445,532 (18.4%) | 0.00 | 296 |
| 2018-12-01 | $385,000 (24.6%) | $439,475 (15.7%) | 0.00 | 273 |
| 2019-01-01 | $389,250 (24.6%) | $438,014 (18.5%) | 0.00 | 233 |
| 2019-02-01 | $382,225 (18.8%) | $448,179 (21.6%) | 0.00 | 213 |
| 2019-03-01 | $397,100 (15.1%) | $460,532 (11.5%) | 0.00 | 225 |
| 2019-04-01 | $409,950 (8.6%) | $474,704 (8.6%) | 0.00 | 244 |
| 2019-05-01 | $418,488 (6.0%) | $476,950 (2.6%) | 0.00 | 268 |
| 2019-06-01 | $429,000 (7.3%) | $484,913 (0.2%) | 0.00 | 288 |
| 2019-07-01 | $429,000 (7.5%) | $489,363 (3.0%) | 0.00 | 305 |
| 2019-08-01 | $427,909 (9.1%) | $491,029 (5.3%) | 0.00 | 308 |
| 2019-09-01 | $426,273 (12.5%) | $491,745 (8.4%) | 0.00 | 309 |
| 2019-10-01 | $422,000 (9.8%) | $492,039 (11.5%) | 0.00 | 309 |
| 2019-11-01 | $429,000 (11.8%) | $508,052 (14.0%) | 0.00 | 261 |
| 2019-12-01 | $429,975 (11.7%) | $522,888 (19.0%) | 0.00 | 211 |
| 2020-01-01 | $425,988 (9.4%) | $513,513 (17.2%) | 0.00 | 198 |
| 2020-02-01 | $419,950 (9.9%) | $503,050 (12.2%) | 0.00 | 183 |
| 2020-03-01 | $418,988 (5.5%) | $502,468 (9.1%) | 0.00 | 201 |
| 2020-04-01 | $406,500 (-0.8%) | $499,484 (5.2%) | 0.00 | 222 |
| 2020-05-01 | $425,000 (1.6%) | $521,051 (9.3%) | 0.00 | 211 |
| 2020-06-01 | $449,500 (4.8%) | $537,515 (10.9%) | 0.00 | 210 |
| 2020-07-01 | $435,950 (1.6%) | $536,252 (9.6%) | 0.00 | 209 |
| 2020-08-01 | $427,000 (-0.2%) | $534,637 (8.9%) | 0.00 | 213 |
| 2020-09-01 | $421,675 (-1.1%) | $606,450 (23.3%) | 0.00 | 188 |
| 2020-10-01 | $415,000 (-1.7%) | $619,398 (25.9%) | 0.00 | 156 |
| 2020-11-01 | $427,000 (-0.5%) | $610,267 (20.1%) | 0.00 | 113 |
| 2020-12-01 | $414,500 (-3.6%) | $624,757 (19.5%) | 0.00 | 80 |
| 2021-01-01 | $410,000 (-3.8%) | $619,408 (20.6%) | 0.00 | 69 |
| 2021-02-01 | $449,975 (7.2%) | $608,886 (21.0%) | 0.00 | 62 |
| 2021-03-01 | $474,488 (13.3%) | $615,614 (22.5%) | 0.00 | 59 |
| 2021-04-01 | $509,688 (25.4%) | $626,547 (25.4%) | 0.00 | 62 |
| 2021-05-01 | $499,975 (17.6%) | $607,484 (16.6%) | 0.00 | 70 |
| 2021-06-01 | $518,500 (15.4%) | $619,941 (15.3%) | 0.00 | 104 |
| 2021-07-01 | $499,900 (14.7%) | $629,722 (17.4%) | 0.00 | 126 |
| 2021-08-01 | $525,000 (23.0%) | $656,485 (22.8%) | 0.00 | 139 |
| 2021-09-01 | $565,000 (34.0%) | $671,996 (10.8%) | 0.00 | 141 |
| 2021-10-01 | $575,000 (38.6%) | $676,785 (9.3%) | 0.00 | 123 |
| 2021-11-01 | $561,250 (31.4%) | $702,649 (15.1%) | 0.00 | 95 |
| 2021-12-01 | $618,250 (49.2%) | $744,293 (19.1%) | 0.00 | 77 |
| 2022-01-01 | $625,000 (52.4%) | $740,670 (19.6%) | 0.00 | 62 |
| 2022-02-01 | $632,200 (40.5%) | $747,807 (22.8%) | 0.00 | 78 |
| 2022-03-01 | $598,375 (26.1%) | $767,040 (24.6%) | 0.00 | 79 |
| 2022-04-01 | $625,000 (22.6%) | $774,119 (23.6%) | 0.00 | 87 |
| 2022-05-01 | $625,000 (25.0%) | $757,980 (24.8%) | 0.00 | 125 |
| 2022-06-01 | $631,750 (21.8%) | $767,483 (23.8%) | 0.00 | 150 |
| 2022-07-01 | $599,000 (19.8%) | $725,133 (15.2%) | 0.00 | 196 |
| 2022-08-01 | $599,000 (14.1%) | $691,844 (5.4%) | 0.00 | 209 |
| 2022-09-01 | $595,500 (5.4%) | $687,666 (2.3%) | 0.00 | 210 |
| 2022-10-01 | $599,000 (4.2%) | $683,282 (1.0%) | 0.00 | 215 |
| 2022-11-01 | $575,000 (2.5%) | $672,137 (-4.3%) | 0.00 | 198 |
| 2022-12-01 | $579,000 (-6.4%) | $697,629 (-6.3%) | 0.00 | 168 |
| 2023-01-01 | $586,625 (-6.1%) | $712,514 (-3.8%) | 0.00 | 149 |
| 2023-02-01 | $599,388 (-5.2%) | $724,512 (-3.1%) | 0.00 | 130 |
| 2023-03-01 | $571,500 (-4.5%) | $707,677 (-7.7%) | 0.00 | 114 |
| 2023-04-01 | $599,000 (-4.2%) | $735,479 (-5.0%) | 0.00 | 131 |
| 2023-05-01 | $635,000 (1.6%) | $763,679 (0.8%) | 0.00 | 154 |
| 2023-06-01 | $663,738 (5.1%) | $788,725 (2.8%) | 0.00 | 171 |
| 2023-07-01 | $650,000 (8.5%) | $789,006 (8.8%) | 0.00 | 183 |
| 2023-08-01 | $652,213 (8.9%) | $797,571 (15.3%) | 0.00 | 178 |
| 2023-09-01 | $637,450 (7.0%) | $775,853 (12.8%) | 0.00 | 196 |
| 2023-10-01 | $629,750 (5.1%) | $773,140 (13.2%) | 0.00 | 186 |
| 2023-11-01 | $613,750 (6.7%) | $767,421 (14.2%) | 0.00 | 177 |
| 2023-12-01 | $585,000 (1.0%) | $737,680 (5.7%) | 0.00 | 165 |
| 2024-01-01 | $595,700 (1.6%) | $761,104 (6.8%) | 0.00 | 141 |
| 2024-02-01 | $582,475 (-2.8%) | $727,196 (0.4%) | 0.00 | 130 |
| 2024-03-01 | $596,500 (4.4%) | $718,540 (1.5%) | 0.00 | 127 |
Port Angeles's median listing price comes in at 0% of the national average.
Port Angeles's average listing price for 2024-03-01 was $718,540, a difference of $10,863 (1.5%) versus the prior year and $-8,656 versus the prior month.
For the 2024-03-01 period, Port Angeles had 127 MLS listings, a difference of -3 listings (-2%) versus the prior month and 13 listings (11%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Port Angeles (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,799 sqft |
| 2018-02-01 | 0 days | 1,808 sqft |
| 2018-03-01 | 0 days | 1,923 sqft |
| 2018-04-01 | 0 days | 2,012 sqft |
| 2018-05-01 | 0 days | 1,957 sqft |
| 2018-06-01 | 0 days | 1,995 sqft |
| 2018-07-01 | 0 days | 2,019 sqft |
| 2018-08-01 | 0 days | 1,989 sqft |
| 2018-09-01 | 0 days | 1,962 sqft |
| 2018-10-01 | 0 days | 1,939 sqft |
| 2018-11-01 | 0 days | 1,969 sqft |
| 2018-12-01 | 0 days | 1,968 sqft |
| 2019-01-01 | 0 days | 1,974 sqft |
| 2019-02-01 | 0 days | 1,948 sqft |
| 2019-03-01 | 0 days | 1,968 sqft |
| 2019-04-01 | 0 days | 1,956 sqft |
| 2019-05-01 | 0 days | 1,965 sqft |
| 2019-06-01 | 0 days | 1,988 sqft |
| 2019-07-01 | 0 days | 2,006 sqft |
| 2019-08-01 | 0 days | 2,003 sqft |
| 2019-09-01 | 0 days | 1,995 sqft |
| 2019-10-01 | 0 days | 2,010 sqft |
| 2019-11-01 | 0 days | 2,038 sqft |
| 2019-12-01 | 0 days | 2,048 sqft |
| 2020-01-01 | 0 days | 2,047 sqft |
| 2020-02-01 | 0 days | 2,042 sqft |
| 2020-03-01 | 0 days | 1,955 sqft |
| 2020-04-01 | 0 days | 1,956 sqft |
| 2020-05-01 | 0 days | 2,001 sqft |
| 2020-06-01 | 0 days | 2,039 sqft |
| 2020-07-01 | 0 days | 2,029 sqft |
| 2020-08-01 | 0 days | 2,001 sqft |
| 2020-09-01 | 0 days | 1,951 sqft |
| 2020-10-01 | 0 days | 1,950 sqft |
| 2020-11-01 | 0 days | 1,835 sqft |
| 2020-12-01 | 0 days | 1,786 sqft |
| 2021-01-01 | 0 days | 1,707 sqft |
| 2021-02-01 | 0 days | 1,721 sqft |
| 2021-03-01 | 0 days | 1,744 sqft |
| 2021-04-01 | 0 days | 1,886 sqft |
| 2021-05-01 | 0 days | 2,059 sqft |
| 2021-06-01 | 0 days | 1,912 sqft |
| 2021-07-01 | 0 days | 1,880 sqft |
| 2021-08-01 | 0 days | 1,932 sqft |
| 2021-09-01 | 0 days | 2,009 sqft |
| 2021-10-01 | 0 days | 1,955 sqft |
| 2021-11-01 | 0 days | 1,973 sqft |
| 2021-12-01 | 0 days | 2,019 sqft |
| 2022-01-01 | 0 days | 1,940 sqft |
| 2022-02-01 | 0 days | 1,910 sqft |
| 2022-03-01 | 0 days | 1,844 sqft |
| 2022-04-01 | 0 days | 1,980 sqft |
| 2022-05-01 | 0 days | 2,015 sqft |
| 2022-06-01 | 0 days | 2,033 sqft |
| 2022-07-01 | 0 days | 1,984 sqft |
| 2022-08-01 | 0 days | 1,938 sqft |
| 2022-09-01 | 0 days | 1,890 sqft |
| 2022-10-01 | 0 days | 1,905 sqft |
| 2022-11-01 | 0 days | 1,877 sqft |
| 2022-12-01 | 0 days | 1,928 sqft |
| 2023-01-01 | 0 days | 1,986 sqft |
| 2023-02-01 | 0 days | 1,997 sqft |
| 2023-03-01 | 0 days | 1,889 sqft |
| 2023-04-01 | 0 days | 1,904 sqft |
| 2023-05-01 | 0 days | 2,040 sqft |
| 2023-06-01 | 0 days | 2,067 sqft |
| 2023-07-01 | 0 days | 2,083 sqft |
| 2023-08-01 | 0 days | 2,105 sqft |
| 2023-09-01 | 0 days | 2,147 sqft |
| 2023-10-01 | 0 days | 2,164 sqft |
| 2023-11-01 | 0 days | 2,143 sqft |
| 2023-12-01 | 0 days | 2,129 sqft |
| 2024-01-01 | 0 days | 2,129 sqft |
| 2024-02-01 | 0 days | 2,061 sqft |
| 2024-03-01 | 0 days | 2,000 sqft |
Port Angeles's median square footage for active listings during the 2024-03-01 period was 2,000 sqft. One year prior, the average listing was 1,889 sqft.