Rock Springs VA Loan Rates, Closing Costs & Stats
Rock Springs, WY
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.
Rock Springs's 18 lenders originated 40 VA loans during 2023. The total origination value was $12,750,000, with an average VA loan value of $318,750.
Rock Springs VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Rock Springs
averaged
6.66%
for the week of 2024-04-19, compared to the national average (all VA variants) of
6.758% for the same period.
Rock Springs's average VA mortgage closing costs are $5,575.
The average rate for the prior week (2024-04-12) was
6.59% and
one month ago for the week of 2024-03-15, the
average rate was 6.56%.
The average rate one year ago was 6.25%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.86%.
Rock Springs 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 Rock Springs level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | 7 | 6.03% | $4,406 |
| QUICKEN LOANS, LLC | 5 | 5.59% | $8,809 |
| Flanagan State Bank | 4 | 6.28% | $10,529 |
| Mortgage Research Center, LLC | 4 | 6.91% | $3,565 |
| Barrington Bank & Trust Company, N.A. | 3 | 6.25% | $5,908 |
| The Federal Savings Bank | 2 | 6.44% | $18,186 |
| NAVY FEDERAL CREDIT UNION | 1 | 5.63% | $10,247 |
| NEWREZ LLC | 1 | 7.25% | $9,582 |
| Northpointe Bank | 1 | 6.25% | $10,821 |
| Paramount Residential Mortgage Group, Inc. | 1 | 7.25% | $8,823 |
| PENNYMAC LOAN SERVICES, LLC | 1 | 5.25% | $18,269 |
| TOWNE MORTGAGE COMPANY | 1 | 6.99% | $4,650 |
| Wells Fargo Bank | 1 | 5.63% | $0 |
| Eagle Bank and Trust Company | 1 | 5.88% | $1,628 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 5.63% | $6,943 |
| F&M Bank | 1 | 6.50% | $5,534 |
| FREEDOM MORTGAGE CORPORATION | 1 | 7.25% | $14,144 |
| LOANDEPOT.COM, LLC | 1 | 7.13% | $8,350 |
The top Rock Springs VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
7 VA loans originated. Their average total fees are
$4,406, which is $4,402
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Rock Springs VA lenders (with over 10 loans originated) are
.
The lowest rate Rock Springs VA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Rock Springs (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 | $229,900 (12.2%) | $266,166 (13.2%) | 0.00 | 231 |
| 2018-02-01 | $229,900 (13.6%) | $267,415 (13.7%) | 0.00 | 223 |
| 2018-03-01 | $242,000 (9.5%) | $270,704 (10.8%) | 0.00 | 217 |
| 2018-04-01 | $246,000 (5.8%) | $278,099 (7.9%) | 0.00 | 237 |
| 2018-05-01 | $243,450 (3.4%) | $280,137 (9.4%) | 0.00 | 229 |
| 2018-06-01 | $239,000 (-2.1%) | $275,272 (4.6%) | 0.00 | 259 |
| 2018-07-01 | $239,000 (-1.8%) | $271,081 (4.6%) | 0.00 | 261 |
| 2018-08-01 | $235,000 (-1.9%) | $273,826 (7.3%) | 0.00 | 260 |
| 2018-09-01 | $235,000 (-1.5%) | $267,813 (4.9%) | 0.00 | 261 |
| 2018-10-01 | $234,950 (3.6%) | $264,177 (6.7%) | 0.00 | 261 |
| 2018-11-01 | $231,450 (3.4%) | $265,723 (5.5%) | 0.00 | 243 |
| 2018-12-01 | $224,900 (-2.0%) | $263,012 (1.2%) | 0.00 | 228 |
| 2019-01-01 | $219,900 (-4.4%) | $259,019 (-2.7%) | 0.00 | 208 |
| 2019-02-01 | $219,925 (-4.3%) | $258,331 (-3.4%) | 0.00 | 221 |
| 2019-03-01 | $220,143 (-9.0%) | $258,320 (-4.6%) | 0.00 | 209 |
| 2019-04-01 | $224,900 (-8.6%) | $258,401 (-7.1%) | 0.00 | 196 |
| 2019-05-01 | $227,000 (-6.8%) | $260,777 (-6.9%) | 0.00 | 191 |
| 2019-06-01 | $229,900 (-3.8%) | $262,644 (-4.6%) | 0.00 | 191 |
| 2019-07-01 | $237,625 (-0.6%) | $270,528 (-0.2%) | 0.00 | 186 |
| 2019-08-01 | $239,818 (2.1%) | $271,896 (-0.7%) | 0.00 | 182 |
| 2019-09-01 | $244,420 (4.0%) | $272,228 (1.7%) | 0.00 | 185 |
| 2019-10-01 | $248,000 (5.6%) | $272,648 (3.2%) | 0.00 | 191 |
| 2019-11-01 | $248,000 (7.2%) | $276,698 (4.1%) | 0.00 | 170 |
| 2019-12-01 | $239,850 (6.7%) | $279,898 (6.4%) | 0.00 | 166 |
| 2020-01-01 | $235,225 (7.0%) | $273,860 (5.7%) | 0.00 | 169 |
| 2020-02-01 | $232,950 (5.9%) | $272,153 (5.4%) | 0.00 | 164 |
| 2020-03-01 | $228,450 (3.8%) | $264,371 (2.3%) | 0.00 | 175 |
| 2020-04-01 | $228,000 (1.4%) | $273,004 (5.7%) | 0.00 | 171 |
| 2020-05-01 | $228,000 (0.4%) | $269,334 (3.3%) | 0.00 | 173 |
| 2020-06-01 | $232,450 (1.1%) | $274,001 (4.3%) | 0.00 | 168 |
| 2020-07-01 | $234,075 (-1.5%) | $273,309 (1.0%) | 0.00 | 174 |
| 2020-08-01 | $232,400 (-3.1%) | $274,601 (1.0%) | 0.00 | 178 |
| 2020-09-01 | $234,950 (-3.9%) | $268,217 (-1.5%) | 0.00 | 179 |
| 2020-10-01 | $233,225 (-6.0%) | $269,936 (-1.0%) | 0.00 | 174 |
| 2020-11-01 | $228,500 (-7.9%) | $266,933 (-3.5%) | 0.00 | 159 |
| 2020-12-01 | $224,975 (-6.2%) | $262,871 (-6.1%) | 0.00 | 152 |
| 2021-01-01 | $224,900 (-4.4%) | $259,206 (-5.4%) | 0.00 | 139 |
| 2021-02-01 | $232,450 (-0.2%) | $261,880 (-3.8%) | 0.00 | 125 |
| 2021-03-01 | $225,250 (-1.4%) | $258,488 (-2.2%) | 0.00 | 117 |
| 2021-04-01 | $223,500 (-2.0%) | $260,929 (-4.4%) | 0.00 | 105 |
| 2021-05-01 | $219,000 (-4.0%) | $273,993 (1.7%) | 0.00 | 89 |
| 2021-06-01 | $219,750 (-5.5%) | $269,502 (-1.6%) | 0.00 | 98 |
| 2021-07-01 | $222,000 (-5.2%) | $261,195 (-4.4%) | 0.00 | 91 |
| 2021-08-01 | $220,000 (-5.3%) | $264,879 (-3.5%) | 0.00 | 92 |
| 2021-09-01 | $224,900 (-4.3%) | $264,222 (-1.5%) | 0.00 | 90 |
| 2021-10-01 | $227,500 (-2.5%) | $260,237 (-3.6%) | 0.00 | 84 |
| 2021-11-01 | $222,450 (-2.7%) | $239,272 (-10.4%) | 0.00 | 83 |
| 2021-12-01 | $226,550 (0.7%) | $242,889 (-7.6%) | 0.00 | 69 |
| 2022-01-01 | $225,000 (0.0%) | $261,114 (0.7%) | 0.00 | 64 |
| 2022-02-01 | $222,200 (-4.4%) | $263,492 (0.6%) | 0.00 | 57 |
| 2022-03-01 | $230,000 (2.1%) | $274,711 (6.3%) | 0.00 | 62 |
| 2022-04-01 | $238,000 (6.5%) | $294,111 (12.7%) | 0.00 | 58 |
| 2022-05-01 | $251,000 (14.6%) | $316,710 (15.6%) | 0.00 | 74 |
| 2022-06-01 | $229,000 (4.2%) | $309,163 (14.7%) | 0.00 | 69 |
| 2022-07-01 | $229,900 (3.6%) | $333,715 (27.8%) | 0.00 | 75 |
| 2022-08-01 | $236,000 (7.3%) | $347,857 (31.3%) | 0.00 | 83 |
| 2022-09-01 | $241,500 (7.4%) | $342,061 (29.5%) | 0.00 | 76 |
| 2022-10-01 | $249,450 (9.7%) | $355,921 (36.8%) | 0.00 | 68 |
| 2022-11-01 | $242,950 (9.2%) | $349,909 (46.2%) | 0.00 | 70 |
| 2022-12-01 | $255,000 (12.6%) | $359,782 (48.1%) | 0.00 | 66 |
| 2023-01-01 | $255,000 (13.3%) | $335,143 (28.4%) | 0.00 | 64 |
| 2023-02-01 | $282,925 (27.3%) | $355,007 (34.7%) | 0.00 | 62 |
| 2023-03-01 | $302,925 (31.7%) | $367,813 (33.9%) | 0.00 | 53 |
| 2023-04-01 | $291,000 (22.3%) | $366,055 (24.5%) | 0.00 | 56 |
| 2023-05-01 | $287,450 (14.5%) | $344,901 (8.9%) | 0.00 | 60 |
| 2023-06-01 | $314,975 (37.5%) | $341,514 (10.5%) | 0.00 | 69 |
| 2023-07-01 | $310,000 (34.8%) | $340,790 (2.1%) | 0.00 | 87 |
| 2023-08-01 | $309,975 (31.4%) | $338,541 (-2.7%) | 0.00 | 91 |
| 2023-09-01 | $315,000 (30.4%) | $334,766 (-2.1%) | 0.00 | 103 |
| 2023-10-01 | $311,875 (25.0%) | $328,178 (-7.8%) | 0.00 | 90 |
| 2023-11-01 | $296,000 (21.8%) | $321,567 (-8.1%) | 0.00 | 91 |
| 2023-12-01 | $289,000 (13.3%) | $326,008 (-9.4%) | 0.00 | 90 |
| 2024-01-01 | $289,250 (13.4%) | $331,403 (-1.1%) | 0.00 | 73 |
| 2024-02-01 | $283,750 (0.3%) | $330,125 (-7.0%) | 0.00 | 71 |
| 2024-03-01 | $280,000 (-7.6%) | $335,838 (-8.7%) | 0.00 | 69 |
Rock Springs's median listing price comes in at 0% of the national average.
Rock Springs's average listing price for 2024-03-01 was $335,838, a difference of $-31,975 (-8.7%) versus the prior year and $5,713 versus the prior month.
For the 2024-03-01 period, Rock Springs had 69 MLS listings, a difference of -2 listings (-3%) versus the prior month and 16 listings (30%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Rock Springs (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 2,141 sqft |
| 2018-02-01 | 0 days | 2,122 sqft |
| 2018-03-01 | 0 days | 2,166 sqft |
| 2018-04-01 | 0 days | 2,244 sqft |
| 2018-05-01 | 0 days | 2,291 sqft |
| 2018-06-01 | 0 days | 2,176 sqft |
| 2018-07-01 | 0 days | 2,224 sqft |
| 2018-08-01 | 0 days | 2,247 sqft |
| 2018-09-01 | 0 days | 2,222 sqft |
| 2018-10-01 | 0 days | 2,227 sqft |
| 2018-11-01 | 0 days | 2,193 sqft |
| 2018-12-01 | 0 days | 2,176 sqft |
| 2019-01-01 | 0 days | 2,064 sqft |
| 2019-02-01 | 0 days | 2,064 sqft |
| 2019-03-01 | 0 days | 2,064 sqft |
| 2019-04-01 | 0 days | 2,049 sqft |
| 2019-05-01 | 0 days | 2,050 sqft |
| 2019-06-01 | 0 days | 2,049 sqft |
| 2019-07-01 | 0 days | 2,088 sqft |
| 2019-08-01 | 0 days | 2,113 sqft |
| 2019-09-01 | 0 days | 2,158 sqft |
| 2019-10-01 | 0 days | 2,187 sqft |
| 2019-11-01 | 0 days | 2,263 sqft |
| 2019-12-01 | 0 days | 2,136 sqft |
| 2020-01-01 | 0 days | 2,097 sqft |
| 2020-02-01 | 0 days | 2,060 sqft |
| 2020-03-01 | 0 days | 2,056 sqft |
| 2020-04-01 | 0 days | 2,024 sqft |
| 2020-05-01 | 0 days | 2,016 sqft |
| 2020-06-01 | 0 days | 2,035 sqft |
| 2020-07-01 | 0 days | 2,096 sqft |
| 2020-08-01 | 0 days | 2,112 sqft |
| 2020-09-01 | 0 days | 2,112 sqft |
| 2020-10-01 | 0 days | 2,104 sqft |
| 2020-11-01 | 0 days | 2,082 sqft |
| 2020-12-01 | 0 days | 2,013 sqft |
| 2021-01-01 | 0 days | 1,932 sqft |
| 2021-02-01 | 0 days | 1,949 sqft |
| 2021-03-01 | 0 days | 1,971 sqft |
| 2021-04-01 | 0 days | 1,973 sqft |
| 2021-05-01 | 0 days | 1,984 sqft |
| 2021-06-01 | 0 days | 2,016 sqft |
| 2021-07-01 | 0 days | 1,996 sqft |
| 2021-08-01 | 0 days | 1,980 sqft |
| 2021-09-01 | 0 days | 1,953 sqft |
| 2021-10-01 | 0 days | 2,016 sqft |
| 2021-11-01 | 0 days | 1,963 sqft |
| 2021-12-01 | 0 days | 1,967 sqft |
| 2022-01-01 | 0 days | 1,978 sqft |
| 2022-02-01 | 0 days | 2,112 sqft |
| 2022-03-01 | 0 days | 2,142 sqft |
| 2022-04-01 | 0 days | 2,082 sqft |
| 2022-05-01 | 0 days | 2,091 sqft |
| 2022-06-01 | 0 days | 1,980 sqft |
| 2022-07-01 | 0 days | 2,016 sqft |
| 2022-08-01 | 0 days | 2,109 sqft |
| 2022-09-01 | 0 days | 2,104 sqft |
| 2022-10-01 | 0 days | 1,992 sqft |
| 2022-11-01 | 0 days | 1,981 sqft |
| 2022-12-01 | 0 days | 1,976 sqft |
| 2023-01-01 | 0 days | 1,966 sqft |
| 2023-02-01 | 0 days | 2,120 sqft |
| 2023-03-01 | 0 days | 2,187 sqft |
| 2023-04-01 | 0 days | 2,224 sqft |
| 2023-05-01 | 0 days | 2,368 sqft |
| 2023-06-01 | 0 days | 2,456 sqft |
| 2023-07-01 | 0 days | 2,314 sqft |
| 2023-08-01 | 0 days | 2,285 sqft |
| 2023-09-01 | 0 days | 2,280 sqft |
| 2023-10-01 | 0 days | 2,122 sqft |
| 2023-11-01 | 0 days | 2,065 sqft |
| 2023-12-01 | 0 days | 2,100 sqft |
| 2024-01-01 | 0 days | 2,122 sqft |
| 2024-02-01 | 0 days | 2,125 sqft |
| 2024-03-01 | 0 days | 2,115 sqft |
Rock Springs's median square footage for active listings during the 2024-03-01 period was 2,115 sqft. One year prior, the average listing was 2,187 sqft.