Anniston VA Loan Rates, Closing Costs & Stats
ANNISTON-OXFORD, AL
A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does not directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.
The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.
For additional benefits of VA loans, click here.
Anniston's 59 lenders originated 290 VA loans during 2022. The total origination value was $60,250,000, with an average VA loan value of $207,759.
Anniston VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Anniston
averaged
6.64%
for the week of 2023-09-22, compared to the national average (all VA variants) of
6.823% for the same period.
Anniston's average VA mortgage closing costs are $4,262.
The average rate for the prior week (2023-09-15) was
6.62% and
one month ago for the week of 2023-08-18, the
average rate was 6.7%.
The average rate one year ago was 5.57%.
For refis of the same type during the week of 2023-09-22, the average rate
was 5.65%.
Anniston VA Loan Lenders by Rates & Fees
The below table looks at the average fees/closing costs and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Anniston level.
The top Anniston VA lender as defined by loan originations is Mortgage Research Center, LLC, with
36 VA loans originated. Their average total fees are
$4,715, which is $483
higher than the next largest lender,
FAIRWAY INDEPENDENT MORTGAGE CORPORATION.
The lowest fee Anniston VA lenders (with over 10 loans originated) are
FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($4,231), Mortgage Research Center, LLC ($4,715), Ameris Bank ($5,109), SUCCESS MORTGAGE PARTNERS, INC. ($5,680) and NEW DAY FINANCIAL, LLC ($6,329).
The lowest rate Anniston VA lenders (with over 10 loans originated) are
PENNYMAC LOAN SERVICES, LLC (3.80%), Ameris Bank (4.05%), QUICKEN LOANS, LLC (4.30%), FREEDOM MORTGAGE CORPORATION (4.49%) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION (4.62%).
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Anniston (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 | $119,900 (9.1%) | $152,178 (7.0%) | 0.00 | 482 |
2018-02-01 | $118,250 (0.7%) | $148,230 (0.2%) | 0.00 | 504 |
2018-03-01 | $119,250 (-0.5%) | $150,358 (-1.6%) | 0.00 | 491 |
2018-04-01 | $119,925 (-0.5%) | $155,667 (1.6%) | 0.00 | 477 |
2018-05-01 | $121,450 (1.3%) | $159,421 (5.2%) | 0.00 | 465 |
2018-06-01 | $124,900 (4.1%) | $159,461 (4.3%) | 0.00 | 476 |
2018-07-01 | $125,975 (0.9%) | $157,995 (2.0%) | 0.00 | 489 |
2018-08-01 | $124,900 (0.0%) | $153,433 (-1.8%) | 0.00 | 509 |
2018-09-01 | $124,900 (5.0%) | $152,804 (0.8%) | 0.00 | 495 |
2018-10-01 | $124,900 (8.0%) | $158,790 (4.5%) | 0.00 | 480 |
2018-11-01 | $125,000 (5.0%) | $164,160 (8.6%) | 0.00 | 461 |
2018-12-01 | $125,000 (4.2%) | $166,912 (8.9%) | 0.00 | 449 |
2019-01-01 | $119,800 (-0.1%) | $162,130 (6.5%) | 0.00 | 436 |
2019-02-01 | $119,900 (1.4%) | $163,701 (10.4%) | 0.00 | 406 |
2019-03-01 | $123,029 (3.2%) | $169,435 (12.7%) | 0.00 | 381 |
2019-04-01 | $128,450 (7.1%) | $174,595 (12.2%) | 0.00 | 368 |
2019-05-01 | $133,450 (9.9%) | $180,892 (13.5%) | 0.00 | 375 |
2019-06-01 | $134,950 (8.1%) | $182,977 (14.8%) | 0.00 | 371 |
2019-07-01 | $144,175 (14.5%) | $189,655 (20.0%) | 0.00 | 375 |
2019-08-01 | $142,236 (13.9%) | $186,704 (21.7%) | 0.00 | 389 |
2019-09-01 | $138,166 (10.6%) | $182,200 (19.2%) | 0.00 | 399 |
2019-10-01 | $135,600 (8.6%) | $179,873 (13.3%) | 0.00 | 406 |
2019-11-01 | $135,000 (8.0%) | $182,414 (11.1%) | 0.00 | 388 |
2019-12-01 | $139,350 (11.5%) | $182,883 (9.6%) | 0.00 | 379 |
2020-01-01 | $139,200 (16.2%) | $182,834 (12.8%) | 0.00 | 379 |
2020-02-01 | $139,900 (16.7%) | $183,249 (11.9%) | 0.00 | 388 |
2020-03-01 | $139,950 (13.8%) | $185,265 (9.3%) | 0.00 | 357 |
2020-04-01 | $139,900 (8.9%) | $181,491 (4.0%) | 0.00 | 359 |
2020-05-01 | $139,900 (4.8%) | $179,619 (-0.7%) | 0.00 | 347 |
2020-06-01 | $139,925 (3.7%) | $186,217 (1.8%) | 0.00 | 317 |
2020-07-01 | $141,225 (-2.1%) | $185,153 (-2.4%) | 0.00 | 321 |
2020-08-01 | $150,200 (5.6%) | $189,844 (1.7%) | 0.00 | 274 |
2020-09-01 | $153,675 (11.2%) | $195,376 (7.2%) | 0.00 | 233 |
2020-10-01 | $154,900 (14.2%) | $197,226 (9.7%) | 0.00 | 222 |
2020-11-01 | $159,900 (18.4%) | $198,266 (8.7%) | 0.00 | 199 |
2020-12-01 | $150,150 (7.8%) | $185,026 (1.2%) | 0.00 | 199 |
2021-01-01 | $149,900 (7.7%) | $188,349 (3.0%) | 0.00 | 184 |
2021-02-01 | $153,900 (10.0%) | $181,095 (-1.2%) | 0.00 | 172 |
2021-03-01 | $154,900 (10.7%) | $184,205 (-0.6%) | 0.00 | 149 |
2021-04-01 | $167,450 (19.7%) | $211,619 (16.6%) | 0.00 | 131 |
2021-05-01 | $164,950 (17.9%) | $208,164 (15.9%) | 0.00 | 131 |
2021-06-01 | $164,950 (17.9%) | $203,238 (9.1%) | 0.00 | 140 |
2021-07-01 | $179,900 (27.4%) | $215,237 (16.3%) | 0.00 | 155 |
2021-08-01 | $178,400 (18.8%) | $223,495 (17.7%) | 0.00 | 163 |
2021-09-01 | $187,425 (22.0%) | $235,132 (20.4%) | 0.00 | 167 |
2021-10-01 | $184,450 (19.1%) | $240,335 (21.9%) | 0.00 | 159 |
2021-11-01 | $189,900 (18.8%) | $242,441 (22.3%) | 0.00 | 166 |
2021-12-01 | $175,000 (16.6%) | $246,477 (33.2%) | 0.00 | 158 |
2022-01-01 | $167,500 (11.7%) | $235,916 (25.3%) | 0.00 | 154 |
2022-02-01 | $159,900 (3.9%) | $210,857 (16.4%) | 0.00 | 156 |
2022-03-01 | $146,175 (-5.6%) | $204,752 (11.2%) | 0.00 | 146 |
2022-04-01 | $153,500 (-8.3%) | $201,257 (-4.9%) | 0.00 | 153 |
2022-05-01 | $164,950 (0.0%) | $212,315 (2.0%) | 0.00 | 170 |
2022-06-01 | $178,450 (8.2%) | $215,451 (6.0%) | 0.00 | 190 |
2022-07-01 | $175,000 (-2.7%) | $203,109 (-5.6%) | 0.00 | 220 |
2022-08-01 | $182,650 (2.4%) | $214,199 (-4.2%) | 0.00 | 230 |
2022-09-01 | $185,575 (-1.0%) | $221,363 (-5.9%) | 0.00 | 232 |
2022-10-01 | $187,450 (1.6%) | $238,405 (-0.8%) | 0.00 | 234 |
2022-11-01 | $187,450 (-1.3%) | $243,721 (0.5%) | 0.00 | 244 |
2022-12-01 | $179,900 (2.8%) | $239,572 (-2.8%) | 0.00 | 234 |
2023-01-01 | $186,067 (11.1%) | $243,936 (3.4%) | 0.00 | 212 |
2023-02-01 | $174,950 (9.4%) | $243,090 (15.3%) | 0.00 | 201 |
2023-03-01 | $179,450 (22.8%) | $252,637 (23.4%) | 0.00 | 165 |
2023-04-01 | $179,450 (16.9%) | $251,262 (24.9%) | 0.00 | 174 |
2023-05-01 | $197,675 (19.8%) | $259,884 (22.4%) | 0.00 | 181 |
2023-06-01 | $194,450 (9.0%) | $252,704 (17.3%) | 0.00 | 175 |
2023-07-01 | $199,900 (14.2%) | $259,247 (27.6%) | 0.00 | 195 |
2023-08-01 | $204,900 (12.2%) | $257,515 (20.2%) | 0.00 | 195 |
Anniston's median listing price comes in at 0% of the national average.
Anniston's average listing price for 2023-08-01 was $257,515, a difference of $43,316 (20.2%) versus the prior year and $-1,732 versus the prior month.
For the 2023-08-01 period, Anniston had 195 MLS listings, a difference of 0 listings (0%) versus the prior month and -35 listings (-15%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Anniston (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,685 sqft |
2018-02-01 | 0 days | 1,648 sqft |
2018-03-01 | 0 days | 1,648 sqft |
2018-04-01 | 0 days | 1,667 sqft |
2018-05-01 | 0 days | 1,660 sqft |
2018-06-01 | 0 days | 1,658 sqft |
2018-07-01 | 0 days | 1,662 sqft |
2018-08-01 | 0 days | 1,662 sqft |
2018-09-01 | 0 days | 1,648 sqft |
2018-10-01 | 0 days | 1,642 sqft |
2018-11-01 | 0 days | 1,663 sqft |
2018-12-01 | 0 days | 1,653 sqft |
2019-01-01 | 0 days | 1,626 sqft |
2019-02-01 | 0 days | 1,642 sqft |
2019-03-01 | 0 days | 1,654 sqft |
2019-04-01 | 0 days | 1,647 sqft |
2019-05-01 | 0 days | 1,662 sqft |
2019-06-01 | 0 days | 1,706 sqft |
2019-07-01 | 0 days | 1,737 sqft |
2019-08-01 | 0 days | 1,739 sqft |
2019-09-01 | 0 days | 1,748 sqft |
2019-10-01 | 0 days | 1,746 sqft |
2019-11-01 | 0 days | 1,741 sqft |
2019-12-01 | 0 days | 1,754 sqft |
2020-01-01 | 0 days | 1,772 sqft |
2020-02-01 | 0 days | 1,825 sqft |
2020-03-01 | 0 days | 1,852 sqft |
2020-04-01 | 0 days | 1,842 sqft |
2020-05-01 | 0 days | 1,830 sqft |
2020-06-01 | 0 days | 1,843 sqft |
2020-07-01 | 0 days | 1,849 sqft |
2020-08-01 | 0 days | 1,845 sqft |
2020-09-01 | 0 days | 1,831 sqft |
2020-10-01 | 0 days | 1,823 sqft |
2020-11-01 | 0 days | 1,806 sqft |
2020-12-01 | 0 days | 1,770 sqft |
2021-01-01 | 0 days | 1,781 sqft |
2021-02-01 | 0 days | 1,765 sqft |
2021-03-01 | 0 days | 1,755 sqft |
2021-04-01 | 0 days | 1,845 sqft |
2021-05-01 | 0 days | 1,830 sqft |
2021-06-01 | 0 days | 1,890 sqft |
2021-07-01 | 0 days | 1,889 sqft |
2021-08-01 | 0 days | 1,846 sqft |
2021-09-01 | 0 days | 1,903 sqft |
2021-10-01 | 0 days | 1,891 sqft |
2021-11-01 | 0 days | 1,971 sqft |
2021-12-01 | 0 days | 1,953 sqft |
2022-01-01 | 0 days | 1,792 sqft |
2022-02-01 | 0 days | 1,592 sqft |
2022-03-01 | 0 days | 1,615 sqft |
2022-04-01 | 0 days | 1,614 sqft |
2022-05-01 | 0 days | 1,717 sqft |
2022-06-01 | 0 days | 1,746 sqft |
2022-07-01 | 0 days | 1,775 sqft |
2022-08-01 | 0 days | 1,795 sqft |
2022-09-01 | 0 days | 1,793 sqft |
2022-10-01 | 0 days | 1,847 sqft |
2022-11-01 | 0 days | 1,842 sqft |
2022-12-01 | 0 days | 1,824 sqft |
2023-01-01 | 0 days | 1,771 sqft |
2023-02-01 | 0 days | 1,757 sqft |
2023-03-01 | 0 days | 1,766 sqft |
2023-04-01 | 0 days | 1,700 sqft |
2023-05-01 | 0 days | 1,811 sqft |
2023-06-01 | 0 days | 1,836 sqft |
2023-07-01 | 0 days | 1,883 sqft |
2023-08-01 | 0 days | 1,841 sqft |
Anniston's median square footage for active listings during the 2023-08-01 period was 1,841 sqft. One year prior, the average listing was 1,795 sqft.