Weatherford USDA Loan Rates, Closing Costs & Stats
Weatherford, OK
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.
Weatherford's 7 lenders originated 19 USDA loans during 2023. The total origination value was $2,845,000, with an average USDA loan value of $149,737.
Weatherford USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Weatherford
averaged
6.83%
for the week of 2024-04-12, compared to the national average (all USDA variants) of
6.705% for the same period.
Weatherford's average USDA mortgage closing costs are $4,201.
The average rate for the prior week (2024-04-05) was
6.85% and
one month ago for the week of 2024-03-08, the
average rate was 6.61%.
The average rate one year ago was 6.52%.
For refis of the same type during the week of 2024-04-12, the average rate
was 6.51%.
Weatherford 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 Weatherford level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| GUILD MORTGAGE COMPANY | 6 | 6.73% | $4,316 |
| INTERLINC MORTGAGE SERVICES, LLC | 6 | 6.65% | $3,915 |
| CWM PARTNERS, L.P. | 2 | 6.31% | $7,375 |
| GUARANTEED RATE, INC. | 1 | 6.75% | $5,974 |
| UNITED WHOLESALE MORTGAGE, LLC | 1 | 7.50% | $6,245 |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | 1 | 7.25% | $8,673 |
| FIRST AMERICAN MORTGAGE, INC. | 1 | 6.50% | $7,566 |
The top Weatherford USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with
6 USDA loans originated. Their average total fees are
$4,316, which is $401
higher than the next largest lender,
INTERLINC MORTGAGE SERVICES, LLC.
The lowest fee Weatherford USDA lenders (with over 10 loans originated) are
.
The lowest rate Weatherford USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Weatherford (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 | $161,100 (-9.5%) | $226,277 (-1.1%) | 0.00 | 109 |
| 2018-02-01 | $160,650 (-8.7%) | $221,498 (-3.3%) | 0.00 | 103 |
| 2018-03-01 | $160,200 (-9.0%) | $206,725 (-8.3%) | 0.00 | 105 |
| 2018-04-01 | $165,950 (-5.7%) | $225,528 (0.4%) | 0.00 | 112 |
| 2018-05-01 | $164,500 (-6.0%) | $224,183 (0.1%) | 0.00 | 110 |
| 2018-06-01 | $162,000 (-9.3%) | $199,364 (-18.9%) | 0.00 | 109 |
| 2018-07-01 | $157,400 (-15.6%) | $196,062 (-21.4%) | 0.00 | 109 |
| 2018-08-01 | $155,675 (-20.0%) | $192,928 (-24.0%) | 0.00 | 105 |
| 2018-09-01 | $160,200 (-17.1%) | $194,706 (-24.1%) | 0.00 | 96 |
| 2018-10-01 | $160,125 (-16.4%) | $203,022 (-20.6%) | 0.00 | 93 |
| 2018-11-01 | $160,200 (-5.7%) | $210,714 (-12.2%) | 0.00 | 85 |
| 2018-12-01 | $161,100 (-0.3%) | $212,641 (-6.6%) | 0.00 | 81 |
| 2019-01-01 | $155,425 (-3.5%) | $197,429 (-12.8%) | 0.00 | 87 |
| 2019-02-01 | $142,450 (-11.3%) | $185,184 (-16.4%) | 0.00 | 84 |
| 2019-03-01 | $148,550 (-7.3%) | $197,380 (-4.5%) | 0.00 | 82 |
| 2019-04-01 | $148,100 (-10.8%) | $204,350 (-9.4%) | 0.00 | 88 |
| 2019-05-01 | $157,450 (-4.3%) | $203,760 (-9.1%) | 0.00 | 97 |
| 2019-06-01 | $174,500 (7.7%) | $209,369 (5.0%) | 0.00 | 102 |
| 2019-07-01 | $169,800 (7.9%) | $206,376 (5.3%) | 0.00 | 102 |
| 2019-08-01 | $166,700 (7.1%) | $206,429 (7.0%) | 0.00 | 108 |
| 2019-09-01 | $169,400 (5.7%) | $209,253 (7.5%) | 0.00 | 113 |
| 2019-10-01 | $173,000 (8.0%) | $211,135 (4.0%) | 0.00 | 115 |
| 2019-11-01 | $176,200 (10.0%) | $211,281 (0.3%) | 0.00 | 113 |
| 2019-12-01 | $177,000 (9.9%) | $214,917 (1.1%) | 0.00 | 108 |
| 2020-01-01 | $176,500 (13.6%) | $210,650 (6.7%) | 0.00 | 112 |
| 2020-02-01 | $174,500 (22.5%) | $210,313 (13.6%) | 0.00 | 105 |
| 2020-03-01 | $179,300 (20.7%) | $215,140 (9.0%) | 0.00 | 110 |
| 2020-04-01 | $183,250 (23.7%) | $230,389 (12.7%) | 0.00 | 121 |
| 2020-05-01 | $179,900 (14.3%) | $227,249 (11.5%) | 0.00 | 115 |
| 2020-06-01 | $188,400 (8.0%) | $227,375 (8.6%) | 0.00 | 114 |
| 2020-07-01 | $190,325 (12.1%) | $222,711 (7.9%) | 0.00 | 113 |
| 2020-08-01 | $199,900 (19.9%) | $235,523 (14.1%) | 0.00 | 111 |
| 2020-09-01 | $217,450 (28.4%) | $236,763 (13.2%) | 0.00 | 113 |
| 2020-10-01 | $199,450 (15.3%) | $232,705 (10.2%) | 0.00 | 116 |
| 2020-11-01 | $198,475 (12.6%) | $232,167 (9.9%) | 0.00 | 105 |
| 2020-12-01 | $198,825 (12.3%) | $236,252 (9.9%) | 0.00 | 97 |
| 2021-01-01 | $198,500 (12.5%) | $230,515 (9.4%) | 0.00 | 94 |
| 2021-02-01 | $187,850 (7.7%) | $222,796 (5.9%) | 0.00 | 84 |
| 2021-03-01 | $196,500 (9.6%) | $235,699 (9.6%) | 0.00 | 81 |
| 2021-04-01 | $182,000 (-0.7%) | $207,162 (-10.1%) | 0.00 | 83 |
| 2021-05-01 | $179,900 (0.0%) | $200,770 (-11.7%) | 0.00 | 79 |
| 2021-06-01 | $176,475 (-6.3%) | $192,399 (-15.4%) | 0.00 | 71 |
| 2021-07-01 | $175,000 (-8.1%) | $187,763 (-15.7%) | 0.00 | 80 |
| 2021-08-01 | $164,225 (-17.9%) | $185,315 (-21.3%) | 0.00 | 71 |
| 2021-09-01 | $159,900 (-26.5%) | $184,966 (-21.9%) | 0.00 | 70 |
| 2021-10-01 | $172,000 (-13.8%) | $200,452 (-13.9%) | 0.00 | 68 |
| 2021-11-01 | $173,725 (-12.5%) | $235,502 (1.4%) | 0.00 | 72 |
| 2021-12-01 | $167,375 (-15.8%) | $224,252 (-5.1%) | 0.00 | 60 |
| 2022-01-01 | $154,800 (-22.0%) | $216,072 (-6.3%) | 0.00 | 54 |
| 2022-02-01 | $159,700 (-15.0%) | $211,053 (-5.3%) | 0.00 | 55 |
| 2022-03-01 | $162,450 (-17.3%) | $227,765 (-3.4%) | 0.00 | 49 |
| 2022-04-01 | $148,000 (-18.7%) | $208,964 (0.9%) | 0.00 | 64 |
| 2022-05-01 | $159,250 (-11.5%) | $224,741 (11.9%) | 0.00 | 59 |
| 2022-06-01 | $175,750 (-0.4%) | $239,044 (24.2%) | 0.00 | 61 |
| 2022-07-01 | $185,000 (5.7%) | $226,954 (20.9%) | 0.00 | 62 |
| 2022-08-01 | $185,000 (12.7%) | $232,833 (25.6%) | 0.00 | 71 |
| 2022-09-01 | $192,500 (20.4%) | $254,284 (37.5%) | 0.00 | 68 |
| 2022-10-01 | $194,800 (13.3%) | $287,590 (43.5%) | 0.00 | 70 |
| 2022-11-01 | $165,750 (-4.6%) | $266,121 (13.0%) | 0.00 | 75 |
| 2022-12-01 | $199,000 (18.9%) | $247,305 (10.3%) | 0.00 | 72 |
| 2023-01-01 | $191,225 (23.5%) | $242,000 (12.0%) | 0.00 | 65 |
| 2023-02-01 | $157,500 (-1.4%) | $233,295 (10.5%) | 0.00 | 61 |
| 2023-03-01 | $164,950 (1.5%) | $235,340 (3.3%) | 0.00 | 57 |
| 2023-04-01 | $165,000 (11.5%) | $248,106 (18.7%) | 0.00 | 55 |
| 2023-05-01 | $168,750 (6.0%) | $245,390 (9.2%) | 0.00 | 64 |
| 2023-06-01 | $199,900 (13.7%) | $255,453 (6.9%) | 0.00 | 72 |
| 2023-07-01 | $188,500 (1.9%) | $240,646 (6.0%) | 0.00 | 77 |
| 2023-08-01 | $196,900 (6.4%) | $249,985 (7.4%) | 0.00 | 76 |
| 2023-09-01 | $198,000 (2.9%) | $251,977 (-0.9%) | 0.00 | 72 |
| 2023-10-01 | $198,250 (1.8%) | $260,963 (-9.3%) | 0.00 | 77 |
| 2023-11-01 | $202,176 (22.0%) | $268,177 (0.8%) | 0.00 | 71 |
| 2023-12-01 | $199,000 (0.0%) | $255,786 (3.4%) | 0.00 | 66 |
| 2024-01-01 | $196,700 (2.9%) | $239,396 (-1.1%) | 0.00 | 66 |
| 2024-02-01 | $193,320 (22.7%) | $230,362 (-1.3%) | 0.00 | 71 |
| 2024-03-01 | $194,400 (17.9%) | $253,819 (7.9%) | 0.00 | 70 |
Weatherford's median listing price comes in at 0% of the national average.
Weatherford's average listing price for 2024-03-01 was $253,819, a difference of $18,479 (7.9%) versus the prior year and $23,457 versus the prior month.
For the 2024-03-01 period, Weatherford had 70 MLS listings, a difference of -1 listings (-1%) versus the prior month and 13 listings (23%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Weatherford (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 | 1,773 sqft |
| 2018-03-01 | 0 days | 1,758 sqft |
| 2018-04-01 | 0 days | 1,794 sqft |
| 2018-05-01 | 0 days | 1,786 sqft |
| 2018-06-01 | 0 days | 1,780 sqft |
| 2018-07-01 | 0 days | 1,781 sqft |
| 2018-08-01 | 0 days | 1,781 sqft |
| 2018-09-01 | 0 days | 1,800 sqft |
| 2018-10-01 | 0 days | 1,831 sqft |
| 2018-11-01 | 0 days | 1,809 sqft |
| 2018-12-01 | 0 days | 1,805 sqft |
| 2019-01-01 | 0 days | 1,789 sqft |
| 2019-02-01 | 0 days | 1,724 sqft |
| 2019-03-01 | 0 days | 1,764 sqft |
| 2019-04-01 | 0 days | 1,794 sqft |
| 2019-05-01 | 0 days | 1,787 sqft |
| 2019-06-01 | 0 days | 1,826 sqft |
| 2019-07-01 | 0 days | 1,858 sqft |
| 2019-08-01 | 0 days | 1,856 sqft |
| 2019-09-01 | 0 days | 1,843 sqft |
| 2019-10-01 | 0 days | 1,850 sqft |
| 2019-11-01 | 0 days | 1,865 sqft |
| 2019-12-01 | 0 days | 1,806 sqft |
| 2020-01-01 | 0 days | 1,806 sqft |
| 2020-02-01 | 0 days | 1,869 sqft |
| 2020-03-01 | 0 days | 1,946 sqft |
| 2020-04-01 | 0 days | 1,952 sqft |
| 2020-05-01 | 0 days | 1,917 sqft |
| 2020-06-01 | 0 days | 1,992 sqft |
| 2020-07-01 | 0 days | 1,993 sqft |
| 2020-08-01 | 0 days | 2,078 sqft |
| 2020-09-01 | 0 days | 2,045 sqft |
| 2020-10-01 | 0 days | 2,026 sqft |
| 2020-11-01 | 0 days | 2,066 sqft |
| 2020-12-01 | 0 days | 2,096 sqft |
| 2021-01-01 | 0 days | 2,096 sqft |
| 2021-02-01 | 0 days | 2,008 sqft |
| 2021-03-01 | 0 days | 2,099 sqft |
| 2021-04-01 | 0 days | 1,984 sqft |
| 2021-05-01 | 0 days | 1,903 sqft |
| 2021-06-01 | 0 days | 1,776 sqft |
| 2021-07-01 | 0 days | 1,730 sqft |
| 2021-08-01 | 0 days | 1,741 sqft |
| 2021-09-01 | 0 days | 1,677 sqft |
| 2021-10-01 | 0 days | 1,716 sqft |
| 2021-11-01 | 0 days | 1,774 sqft |
| 2021-12-01 | 0 days | 1,733 sqft |
| 2022-01-01 | 0 days | 1,781 sqft |
| 2022-02-01 | 0 days | 1,729 sqft |
| 2022-03-01 | 0 days | 1,773 sqft |
| 2022-04-01 | 0 days | 1,662 sqft |
| 2022-05-01 | 0 days | 1,701 sqft |
| 2022-06-01 | 0 days | 1,668 sqft |
| 2022-07-01 | 0 days | 1,717 sqft |
| 2022-08-01 | 0 days | 1,720 sqft |
| 2022-09-01 | 0 days | 1,701 sqft |
| 2022-10-01 | 0 days | 1,720 sqft |
| 2022-11-01 | 0 days | 1,643 sqft |
| 2022-12-01 | 0 days | 1,727 sqft |
| 2023-01-01 | 0 days | 1,737 sqft |
| 2023-02-01 | 0 days | 1,692 sqft |
| 2023-03-01 | 0 days | 1,613 sqft |
| 2023-04-01 | 0 days | 1,652 sqft |
| 2023-05-01 | 0 days | 1,738 sqft |
| 2023-06-01 | 0 days | 1,776 sqft |
| 2023-07-01 | 0 days | 1,772 sqft |
| 2023-08-01 | 0 days | 1,776 sqft |
| 2023-09-01 | 0 days | 1,744 sqft |
| 2023-10-01 | 0 days | 1,733 sqft |
| 2023-11-01 | 0 days | 1,780 sqft |
| 2023-12-01 | 0 days | 1,668 sqft |
| 2024-01-01 | 0 days | 1,672 sqft |
| 2024-02-01 | 0 days | 1,633 sqft |
| 2024-03-01 | 0 days | 1,653 sqft |
Weatherford's median square footage for active listings during the 2024-03-01 period was 1,653 sqft. One year prior, the average listing was 1,613 sqft.