Longview VA Loan Rates, Closing Costs & Stats
LONGVIEW, WA
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.
Longview's 77 lenders originated 334 VA loans during 2022. The total origination value was $127,130,000, with an average VA loan value of $380,629.
Longview VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Longview
averaged
0.04%
for the week of 2023-11-24, compared to the national average (all VA variants) of
0% for the same period.
Longview's average VA mortgage closing costs are $6,598.
The average rate for the prior week (2023-11-17) was
6.78% and
one month ago for the week of 2023-10-20, the
average rate was 7.51%.
The average rate one year ago was 6.13%.
For refis of the same type during the week of 2023-11-24, the average rate
was -1.15%.
Longview 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 Longview level.
The top Longview VA lender as defined by loan originations is Mortgage Research Center, LLC, with
43 VA loans originated. Their average total fees are
$6,161, which is $6,888
lower than the next largest lender,
GUILD MORTGAGE COMPANY.
The lowest fee Longview VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($6,161), UNITED WHOLESALE MORTGAGE, LLC ($6,983), PENNYMAC LOAN SERVICES, LLC ($7,865), MANN FINANCIAL INC. ($8,724) and QUICKEN LOANS, LLC ($10,073).
The lowest rate Longview VA lenders (with over 10 loans originated) are
PENNYMAC LOAN SERVICES, LLC (3.08%), FREEDOM MORTGAGE CORPORATION (3.92%), UNITED WHOLESALE MORTGAGE, LLC (3.99%), QUICKEN LOANS, LLC (4.26%) and GUILD MORTGAGE COMPANY (4.41%).
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Longview (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 | $295,125 (16.2%) | $460,941 (8.6%) | 0.00 | 200 |
2018-02-01 | $317,450 (28.4%) | $484,845 (11.1%) | 0.00 | 172 |
2018-03-01 | $308,500 (28.9%) | $471,797 (10.2%) | 0.00 | 161 |
2018-04-01 | $307,025 (9.9%) | $416,734 (-2.7%) | 0.00 | 188 |
2018-05-01 | $305,714 (10.3%) | $410,713 (1.2%) | 0.00 | 223 |
2018-06-01 | $309,900 (5.4%) | $404,732 (-3.9%) | 0.00 | 254 |
2018-07-01 | $302,500 (-4.0%) | $386,903 (-11.9%) | 0.00 | 309 |
2018-08-01 | $299,900 (0.0%) | $378,306 (-8.7%) | 0.00 | 328 |
2018-09-01 | $307,000 (2.6%) | $382,990 (-7.3%) | 0.00 | 329 |
2018-10-01 | $310,725 (8.3%) | $389,460 (-4.5%) | 0.00 | 333 |
2018-11-01 | $307,238 (7.6%) | $387,732 (-5.8%) | 0.00 | 321 |
2018-12-01 | $319,000 (10.4%) | $403,452 (-7.8%) | 0.00 | 281 |
2019-01-01 | $325,575 (10.3%) | $413,525 (-10.3%) | 0.00 | 256 |
2019-02-01 | $319,900 (0.8%) | $416,914 (-14.0%) | 0.00 | 222 |
2019-03-01 | $323,864 (5.0%) | $420,890 (-10.8%) | 0.00 | 212 |
2019-04-01 | $328,489 (7.0%) | $424,767 (1.9%) | 0.00 | 213 |
2019-05-01 | $330,550 (8.1%) | $441,176 (7.4%) | 0.00 | 227 |
2019-06-01 | $329,900 (6.5%) | $433,756 (7.2%) | 0.00 | 256 |
2019-07-01 | $329,925 (9.1%) | $427,862 (10.6%) | 0.00 | 275 |
2019-08-01 | $324,950 (8.4%) | $417,498 (10.4%) | 0.00 | 293 |
2019-09-01 | $317,525 (3.4%) | $408,464 (6.7%) | 0.00 | 296 |
2019-10-01 | $312,950 (0.7%) | $402,469 (3.3%) | 0.00 | 298 |
2019-11-01 | $325,000 (5.8%) | $426,252 (9.9%) | 0.00 | 292 |
2019-12-01 | $312,450 (-2.1%) | $445,420 (10.4%) | 0.00 | 245 |
2020-01-01 | $311,175 (-4.4%) | $454,436 (9.9%) | 0.00 | 236 |
2020-02-01 | $316,250 (-1.1%) | $466,004 (11.8%) | 0.00 | 208 |
2020-03-01 | $321,200 (-0.8%) | $477,536 (13.5%) | 0.00 | 198 |
2020-04-01 | $330,375 (0.6%) | $487,165 (14.7%) | 0.00 | 190 |
2020-05-01 | $334,900 (1.3%) | $477,244 (8.2%) | 0.00 | 194 |
2020-06-01 | $343,225 (4.0%) | $392,894 (-9.4%) | 0.00 | 207 |
2020-07-01 | $349,390 (5.9%) | $404,433 (-5.5%) | 0.00 | 197 |
2020-08-01 | $354,995 (9.3%) | $407,067 (-2.5%) | 0.00 | 213 |
2020-09-01 | $364,925 (14.9%) | $422,818 (3.5%) | 0.00 | 210 |
2020-10-01 | $362,200 (15.7%) | $414,307 (2.9%) | 0.00 | 184 |
2020-11-01 | $362,450 (11.5%) | $412,674 (-3.2%) | 0.00 | 122 |
2020-12-01 | $359,375 (15.0%) | $410,810 (-7.8%) | 0.00 | 93 |
2021-01-01 | $369,000 (18.6%) | $431,826 (-5.0%) | 0.00 | 74 |
2021-02-01 | $372,400 (17.8%) | $453,188 (-2.8%) | 0.00 | 67 |
2021-03-01 | $380,250 (18.4%) | $470,964 (-1.4%) | 0.00 | 71 |
2021-04-01 | $397,475 (20.3%) | $552,002 (13.3%) | 0.00 | 80 |
2021-05-01 | $390,000 (16.5%) | $535,294 (12.2%) | 0.00 | 99 |
2021-06-01 | $404,450 (17.8%) | $542,034 (38.0%) | 0.00 | 120 |
2021-07-01 | $389,500 (11.5%) | $483,151 (19.5%) | 0.00 | 127 |
2021-08-01 | $393,100 (10.7%) | $508,000 (24.8%) | 0.00 | 133 |
2021-09-01 | $413,675 (13.4%) | $530,236 (25.4%) | 0.00 | 148 |
2021-10-01 | $415,000 (14.6%) | $524,312 (26.6%) | 0.00 | 148 |
2021-11-01 | $422,450 (16.6%) | $539,337 (30.7%) | 0.00 | 120 |
2021-12-01 | $419,450 (16.7%) | $550,459 (34.0%) | 0.00 | 96 |
2022-01-01 | $397,200 (7.6%) | $566,366 (31.2%) | 0.00 | 83 |
2022-02-01 | $394,875 (6.0%) | $548,214 (21.0%) | 0.00 | 80 |
2022-03-01 | $462,450 (21.6%) | $619,112 (31.5%) | 0.00 | 98 |
2022-04-01 | $465,000 (17.0%) | $628,284 (13.8%) | 0.00 | 109 |
2022-05-01 | $463,450 (18.8%) | $589,320 (10.1%) | 0.00 | 138 |
2022-06-01 | $470,850 (16.4%) | $585,399 (8.0%) | 0.00 | 193 |
2022-07-01 | $479,900 (23.2%) | $553,948 (14.7%) | 0.00 | 241 |
2022-08-01 | $479,975 (22.1%) | $554,805 (9.2%) | 0.00 | 270 |
2022-09-01 | $467,475 (13.0%) | $556,041 (4.9%) | 0.00 | 260 |
2022-10-01 | $480,000 (15.7%) | $565,959 (7.9%) | 0.00 | 260 |
2022-11-01 | $475,950 (12.7%) | $553,499 (2.6%) | 0.00 | 278 |
2022-12-01 | $489,500 (16.7%) | $569,877 (3.5%) | 0.00 | 249 |
2023-01-01 | $513,625 (29.3%) | $582,439 (2.8%) | 0.00 | 223 |
2023-02-01 | $569,588 (44.3%) | $617,444 (12.6%) | 0.00 | 207 |
2023-03-01 | $568,700 (23.0%) | $626,485 (1.2%) | 0.00 | 178 |
2023-04-01 | $565,000 (21.5%) | $646,346 (2.9%) | 0.00 | 159 |
2023-05-01 | $574,988 (24.1%) | $647,938 (10.0%) | 0.00 | 177 |
2023-06-01 | $573,600 (21.8%) | $641,095 (9.5%) | 0.00 | 183 |
2023-07-01 | $527,450 (9.9%) | $624,383 (12.7%) | 0.00 | 207 |
2023-08-01 | $522,100 (8.8%) | $606,103 (9.3%) | 0.00 | 233 |
2023-09-01 | $499,900 (6.9%) | $583,008 (4.9%) | 0.00 | 264 |
2023-10-01 | $495,000 (3.1%) | $567,797 (0.3%) | 0.00 | 262 |
Longview's median listing price comes in at 0% of the national average.
Longview's average listing price for 2023-10-01 was $567,797, a difference of $1,838 (0.3%) versus the prior year and $-15,211 versus the prior month.
For the 2023-10-01 period, Longview had 262 MLS listings, a difference of -2 listings (-1%) versus the prior month and 2 listings (1%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Longview (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,078 sqft |
2018-02-01 | 0 days | 2,175 sqft |
2018-03-01 | 0 days | 2,161 sqft |
2018-04-01 | 0 days | 2,078 sqft |
2018-05-01 | 0 days | 2,009 sqft |
2018-06-01 | 0 days | 2,032 sqft |
2018-07-01 | 0 days | 1,952 sqft |
2018-08-01 | 0 days | 1,935 sqft |
2018-09-01 | 0 days | 1,950 sqft |
2018-10-01 | 0 days | 1,847 sqft |
2018-11-01 | 0 days | 1,848 sqft |
2018-12-01 | 0 days | 1,912 sqft |
2019-01-01 | 0 days | 1,946 sqft |
2019-02-01 | 0 days | 1,914 sqft |
2019-03-01 | 0 days | 1,903 sqft |
2019-04-01 | 0 days | 1,901 sqft |
2019-05-01 | 0 days | 1,986 sqft |
2019-06-01 | 0 days | 1,938 sqft |
2019-07-01 | 0 days | 1,973 sqft |
2019-08-01 | 0 days | 1,922 sqft |
2019-09-01 | 0 days | 1,880 sqft |
2019-10-01 | 0 days | 1,842 sqft |
2019-11-01 | 0 days | 1,846 sqft |
2019-12-01 | 0 days | 1,777 sqft |
2020-01-01 | 0 days | 1,774 sqft |
2020-02-01 | 0 days | 1,721 sqft |
2020-03-01 | 0 days | 1,711 sqft |
2020-04-01 | 0 days | 1,799 sqft |
2020-05-01 | 0 days | 1,800 sqft |
2020-06-01 | 0 days | 1,801 sqft |
2020-07-01 | 0 days | 1,846 sqft |
2020-08-01 | 0 days | 1,924 sqft |
2020-09-01 | 0 days | 1,856 sqft |
2020-10-01 | 0 days | 1,791 sqft |
2020-11-01 | 0 days | 1,820 sqft |
2020-12-01 | 0 days | 1,701 sqft |
2021-01-01 | 0 days | 1,765 sqft |
2021-02-01 | 0 days | 1,722 sqft |
2021-03-01 | 0 days | 1,670 sqft |
2021-04-01 | 0 days | 1,978 sqft |
2021-05-01 | 0 days | 1,762 sqft |
2021-06-01 | 0 days | 1,803 sqft |
2021-07-01 | 0 days | 1,814 sqft |
2021-08-01 | 0 days | 1,805 sqft |
2021-09-01 | 0 days | 1,963 sqft |
2021-10-01 | 0 days | 1,784 sqft |
2021-11-01 | 0 days | 1,874 sqft |
2021-12-01 | 0 days | 1,884 sqft |
2022-01-01 | 0 days | 1,733 sqft |
2022-02-01 | 0 days | 1,650 sqft |
2022-03-01 | 0 days | 1,828 sqft |
2022-04-01 | 0 days | 1,834 sqft |
2022-05-01 | 0 days | 1,837 sqft |
2022-06-01 | 0 days | 1,813 sqft |
2022-07-01 | 0 days | 1,817 sqft |
2022-08-01 | 0 days | 1,864 sqft |
2022-09-01 | 0 days | 1,836 sqft |
2022-10-01 | 0 days | 1,878 sqft |
2022-11-01 | 0 days | 1,958 sqft |
2022-12-01 | 0 days | 2,040 sqft |
2023-01-01 | 0 days | 2,056 sqft |
2023-02-01 | 0 days | 2,126 sqft |
2023-03-01 | 0 days | 2,189 sqft |
2023-04-01 | 0 days | 2,217 sqft |
2023-05-01 | 0 days | 2,181 sqft |
2023-06-01 | 0 days | 2,130 sqft |
2023-07-01 | 0 days | 2,079 sqft |
2023-08-01 | 0 days | 2,090 sqft |
2023-09-01 | 0 days | 1,993 sqft |
2023-10-01 | 0 days | 2,002 sqft |
Longview's median square footage for active listings during the 2023-10-01 period was 2,002 sqft. One year prior, the average listing was 1,878 sqft.