Roswell VA Loan Rates, Closing Costs & Stats
Roswell, NM
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.
Roswell's 25 lenders originated 67 VA loans during 2023. The total origination value was $15,845,000, with an average VA loan value of $236,493.
Roswell VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Roswell
averaged
6.62%
for the week of 2024-11-08, compared to the national average (all VA variants) of
6.34% for the same period.
Roswell's average VA mortgage closing costs are $5,547.
The average rate for the prior week (2024-11-01) was
6.37% and
one month ago for the week of 2024-10-04, the
average rate was 5.9%.
The average rate one year ago was 7.16%.
For refis of the same type during the week of 2024-11-08, the average rate
was 6.44%.
Roswell 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 Roswell level.
The top Roswell VA lender as defined by loan originations is Mortgage Research Center, LLC, with
21 VA loans originated. Their average total fees are
$7,167, which is $2,927
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Roswell VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($7,167), .
The lowest rate Roswell VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC (6.55%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Roswell (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 | $160,000 (13.9%) | $205,581 (-65.3%) | 0.00 | 268 |
2018-02-01 | $165,750 (22.6%) | $206,463 (9.6%) | 0.00 | 270 |
2018-03-01 | $178,000 (27.1%) | $211,054 (8.8%) | 0.00 | 269 |
2018-04-01 | $185,450 (24.5%) | $217,860 (9.6%) | 0.00 | 271 |
2018-05-01 | $194,875 (36.6%) | $217,292 (9.7%) | 0.00 | 276 |
2018-06-01 | $186,250 (27.5%) | $218,168 (10.4%) | 0.00 | 296 |
2018-07-01 | $185,000 (19.6%) | $217,556 (7.3%) | 0.00 | 295 |
2018-08-01 | $185,225 (9.0%) | $217,005 (3.1%) | 0.00 | 280 |
2018-09-01 | $184,000 (12.4%) | $212,995 (7.1%) | 0.00 | 272 |
2018-10-01 | $182,500 (10.6%) | $204,263 (-0.1%) | 0.00 | 261 |
2018-11-01 | $181,250 (9.5%) | $206,999 (1.1%) | 0.00 | 252 |
2018-12-01 | $189,000 (18.1%) | $223,099 (7.3%) | 0.00 | 243 |
2019-01-01 | $196,225 (22.6%) | $225,007 (9.5%) | 0.00 | 227 |
2019-02-01 | $203,875 (23.0%) | $225,947 (9.4%) | 0.00 | 217 |
2019-03-01 | $203,068 (14.1%) | $224,660 (6.5%) | 0.00 | 203 |
2019-04-01 | $194,413 (4.8%) | $225,585 (3.6%) | 0.00 | 202 |
2019-05-01 | $189,750 (-2.6%) | $220,991 (1.7%) | 0.00 | 199 |
2019-06-01 | $189,950 (2.0%) | $217,856 (-0.1%) | 0.00 | 174 |
2019-07-01 | $183,475 (-0.8%) | $214,217 (-1.5%) | 0.00 | 157 |
2019-08-01 | $192,182 (3.8%) | $221,455 (2.1%) | 0.00 | 157 |
2019-09-01 | $199,955 (8.7%) | $230,950 (8.4%) | 0.00 | 157 |
2019-10-01 | $205,136 (12.4%) | $237,280 (16.2%) | 0.00 | 158 |
2019-11-01 | $209,700 (15.7%) | $243,875 (17.8%) | 0.00 | 156 |
2019-12-01 | $186,750 (-1.2%) | $228,888 (2.6%) | 0.00 | 144 |
2020-01-01 | $181,150 (-7.7%) | $215,423 (-4.3%) | 0.00 | 138 |
2020-02-01 | $191,250 (-6.2%) | $238,895 (5.7%) | 0.00 | 124 |
2020-03-01 | $179,975 (-11.4%) | $232,375 (3.4%) | 0.00 | 134 |
2020-04-01 | $206,250 (6.1%) | $245,687 (8.9%) | 0.00 | 135 |
2020-05-01 | $197,000 (3.8%) | $239,437 (8.4%) | 0.00 | 118 |
2020-06-01 | $205,750 (8.3%) | $240,884 (10.6%) | 0.00 | 116 |
2020-07-01 | $194,975 (6.3%) | $230,792 (7.7%) | 0.00 | 113 |
2020-08-01 | $180,000 (-6.3%) | $223,425 (0.9%) | 0.00 | 124 |
2020-09-01 | $176,250 (-11.9%) | $224,941 (-2.6%) | 0.00 | 120 |
2020-10-01 | $167,400 (-18.4%) | $214,743 (-9.5%) | 0.00 | 125 |
2020-11-01 | $164,975 (-21.3%) | $206,213 (-15.4%) | 0.00 | 124 |
2020-12-01 | $172,750 (-7.5%) | $216,641 (-5.4%) | 0.00 | 131 |
2021-01-01 | $165,000 (-8.9%) | $208,624 (-3.2%) | 0.00 | 113 |
2021-02-01 | $167,150 (-12.6%) | $217,466 (-9.0%) | 0.00 | 112 |
2021-03-01 | $189,750 (5.4%) | $238,236 (2.5%) | 0.00 | 106 |
2021-04-01 | $193,600 (-6.1%) | $234,416 (-4.6%) | 0.00 | 117 |
2021-05-01 | $199,900 (1.5%) | $246,221 (2.8%) | 0.00 | 123 |
2021-06-01 | $202,100 (-1.8%) | $249,458 (3.6%) | 0.00 | 135 |
2021-07-01 | $199,900 (2.5%) | $239,907 (4.0%) | 0.00 | 146 |
2021-08-01 | $199,975 (11.1%) | $234,365 (4.9%) | 0.00 | 165 |
2021-09-01 | $195,975 (11.2%) | $224,197 (-0.3%) | 0.00 | 157 |
2021-10-01 | $191,500 (14.4%) | $222,286 (3.5%) | 0.00 | 147 |
2021-11-01 | $202,500 (22.8%) | $238,891 (15.9%) | 0.00 | 136 |
2021-12-01 | $207,500 (20.1%) | $244,023 (12.6%) | 0.00 | 126 |
2022-01-01 | $230,000 (39.4%) | $258,235 (23.8%) | 0.00 | 127 |
2022-02-01 | $236,125 (41.3%) | $276,227 (27.0%) | 0.00 | 123 |
2022-03-01 | $226,500 (19.4%) | $271,723 (14.1%) | 0.00 | 124 |
2022-04-01 | $244,825 (26.5%) | $271,704 (15.9%) | 0.00 | 131 |
2022-05-01 | $253,750 (26.9%) | $291,347 (18.3%) | 0.00 | 145 |
2022-06-01 | $247,456 (22.4%) | $284,311 (14.0%) | 0.00 | 148 |
2022-07-01 | $241,000 (20.6%) | $278,459 (16.1%) | 0.00 | 169 |
2022-08-01 | $235,000 (17.5%) | $269,508 (15.0%) | 0.00 | 169 |
2022-09-01 | $235,000 (19.9%) | $272,775 (21.7%) | 0.00 | 169 |
2022-10-01 | $224,000 (17.0%) | $266,594 (19.9%) | 0.00 | 179 |
2022-11-01 | $225,000 (11.1%) | $274,290 (14.8%) | 0.00 | 179 |
2022-12-01 | $239,000 (15.2%) | $278,518 (14.1%) | 0.00 | 178 |
2023-01-01 | $237,000 (3.0%) | $288,226 (11.6%) | 0.00 | 166 |
2023-02-01 | $232,319 (-1.6%) | $280,303 (1.5%) | 0.00 | 152 |
2023-03-01 | $246,913 (9.0%) | $284,274 (4.6%) | 0.00 | 143 |
2023-04-01 | $269,450 (10.1%) | $297,073 (9.3%) | 0.00 | 137 |
2023-05-01 | $295,000 (16.3%) | $309,704 (6.3%) | 0.00 | 91 |
2023-06-01 | $260,000 (5.1%) | $297,065 (4.5%) | 0.00 | 107 |
2023-07-01 | $249,500 (3.5%) | $299,671 (7.6%) | 0.00 | 103 |
2023-08-01 | $240,000 (2.1%) | $285,382 (5.9%) | 0.00 | 122 |
2023-09-01 | $233,000 (-0.9%) | $278,203 (2.0%) | 0.00 | 131 |
2023-10-01 | $220,500 (-1.6%) | $271,251 (1.8%) | 0.00 | 139 |
2023-11-01 | $220,250 (-2.1%) | $278,910 (1.7%) | 0.00 | 145 |
2023-12-01 | $220,000 (-8.0%) | $284,900 (2.3%) | 0.00 | 144 |
2024-01-01 | $220,250 (-7.1%) | $283,239 (-1.7%) | 0.00 | 152 |
2024-02-01 | $225,000 (-3.2%) | $284,526 (1.5%) | 0.00 | 147 |
2024-03-01 | $239,000 (-3.2%) | $289,941 (2.0%) | 0.00 | 147 |
2024-04-01 | $262,475 (-2.6%) | $303,487 (2.2%) | 0.00 | 149 |
2024-05-01 | $271,250 (-8.1%) | $310,809 (0.4%) | 0.00 | 158 |
2024-06-01 | $279,450 (7.5%) | $318,717 (7.3%) | 0.00 | 167 |
2024-07-01 | $293,450 (17.6%) | $321,107 (7.2%) | 0.00 | 186 |
2024-08-01 | $279,900 (16.6%) | $319,571 (12.0%) | 0.00 | 193 |
2024-09-01 | $283,200 (21.6%) | $324,580 (16.7%) | 0.00 | 192 |
2024-10-01 | $275,000 (24.7%) | $321,624 (18.6%) | 0.00 | 196 |
Roswell's median listing price comes in at 0% of the national average.
Roswell's average listing price for 2024-10-01 was $321,624, a difference of $50,373 (18.6%) versus the prior year and $-2,956 versus the prior month.
For the 2024-10-01 period, Roswell had 196 MLS listings, a difference of 4 listings (2%) versus the prior month and 57 listings (41%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Roswell (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,965 sqft |
2018-02-01 | 0 days | 1,969 sqft |
2018-03-01 | 0 days | 1,958 sqft |
2018-04-01 | 0 days | 1,973 sqft |
2018-05-01 | 0 days | 2,048 sqft |
2018-06-01 | 0 days | 2,017 sqft |
2018-07-01 | 0 days | 1,993 sqft |
2018-08-01 | 0 days | 1,938 sqft |
2018-09-01 | 0 days | 1,910 sqft |
2018-10-01 | 0 days | 1,911 sqft |
2018-11-01 | 0 days | 1,941 sqft |
2018-12-01 | 0 days | 1,973 sqft |
2019-01-01 | 0 days | 1,988 sqft |
2019-02-01 | 0 days | 1,998 sqft |
2019-03-01 | 0 days | 2,016 sqft |
2019-04-01 | 0 days | 2,037 sqft |
2019-05-01 | 0 days | 2,008 sqft |
2019-06-01 | 0 days | 2,000 sqft |
2019-07-01 | 0 days | 1,947 sqft |
2019-08-01 | 0 days | 1,977 sqft |
2019-09-01 | 0 days | 2,016 sqft |
2019-10-01 | 0 days | 2,056 sqft |
2019-11-01 | 0 days | 2,105 sqft |
2019-12-01 | 0 days | 1,909 sqft |
2020-01-01 | 0 days | 1,879 sqft |
2020-02-01 | 0 days | 1,935 sqft |
2020-03-01 | 0 days | 1,863 sqft |
2020-04-01 | 0 days | 1,974 sqft |
2020-05-01 | 0 days | 1,967 sqft |
2020-06-01 | 0 days | 1,990 sqft |
2020-07-01 | 0 days | 1,900 sqft |
2020-08-01 | 0 days | 1,866 sqft |
2020-09-01 | 0 days | 1,808 sqft |
2020-10-01 | 0 days | 1,729 sqft |
2020-11-01 | 0 days | 1,661 sqft |
2020-12-01 | 0 days | 1,711 sqft |
2021-01-01 | 0 days | 1,672 sqft |
2021-02-01 | 0 days | 1,720 sqft |
2021-03-01 | 0 days | 1,881 sqft |
2021-04-01 | 0 days | 1,892 sqft |
2021-05-01 | 0 days | 1,912 sqft |
2021-06-01 | 0 days | 1,889 sqft |
2021-07-01 | 0 days | 1,832 sqft |
2021-08-01 | 0 days | 1,805 sqft |
2021-09-01 | 0 days | 1,728 sqft |
2021-10-01 | 0 days | 1,731 sqft |
2021-11-01 | 0 days | 1,744 sqft |
2021-12-01 | 0 days | 1,753 sqft |
2022-01-01 | 0 days | 1,820 sqft |
2022-02-01 | 0 days | 1,902 sqft |
2022-03-01 | 0 days | 1,815 sqft |
2022-04-01 | 0 days | 1,815 sqft |
2022-05-01 | 0 days | 1,910 sqft |
2022-06-01 | 0 days | 1,875 sqft |
2022-07-01 | 0 days | 1,886 sqft |
2022-08-01 | 0 days | 1,842 sqft |
2022-09-01 | 0 days | 1,858 sqft |
2022-10-01 | 0 days | 1,889 sqft |
2022-11-01 | 0 days | 1,959 sqft |
2022-12-01 | 0 days | 1,930 sqft |
2023-01-01 | 0 days | 1,944 sqft |
2023-02-01 | 0 days | 1,923 sqft |
2023-03-01 | 0 days | 1,965 sqft |
2023-04-01 | 0 days | 2,105 sqft |
2023-05-01 | 0 days | 2,154 sqft |
2023-06-01 | 0 days | 2,095 sqft |
2023-07-01 | 0 days | 2,154 sqft |
2023-08-01 | 0 days | 2,073 sqft |
2023-09-01 | 0 days | 1,965 sqft |
2023-10-01 | 0 days | 1,927 sqft |
2023-11-01 | 0 days | 1,824 sqft |
2023-12-01 | 0 days | 1,766 sqft |
2024-01-01 | 0 days | 1,776 sqft |
2024-02-01 | 0 days | 1,760 sqft |
2024-03-01 | 0 days | 1,800 sqft |
2024-04-01 | 0 days | 1,875 sqft |
2024-05-01 | 0 days | 1,981 sqft |
2024-06-01 | 0 days | 1,994 sqft |
2024-07-01 | 0 days | 1,989 sqft |
2024-08-01 | 0 days | 1,981 sqft |
2024-09-01 | 0 days | 1,968 sqft |
2024-10-01 | 0 days | 1,931 sqft |
Roswell's median square footage for active listings during the 2024-10-01 period was 1,931 sqft. One year prior, the average listing was 1,927 sqft.