Boone Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Boone averaged
6.91%
for the week of 2023-11-30, compared to the national average of
7.22% for the same period.
The average rate for the prior week (2023-11-22) was
6.98% and
one month ago for the week of 2023-10-26, the
average rate was 7.48%.
Boone's average rate one year ago was 6.07%.
For refis of the same type during the week of 2023-11-30, the average rate
was 5.88%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-11-30 | 7.22% |
| Boone 30 Year Fixed Rate | 2023-11-30 | 6.91% |
| Boone 30 Year Fixed Rate Refi | 2023-11-30 | 5.88% |
| Boone 15 Year Fixed Rate | 2023-11-30 | 6.56% |
| Boone 15 Year Fixed Rate Refi | 2023-11-30 | 6.66% |
| Boone 30 Year FHA | 2023-11-30 | 6.85% |
| Boone 30 Year FHA Refi | 2023-11-30 | 7.15% |
| Boone 30 Year USDA | 2023-11-30 | 7.2% |
| Boone 30 Year USDA Refi | 2023-11-30 | 6.9% |
| Boone 30 Year VA | 2023-11-30 | 6.97% |
| Boone 30 Year VA Refi | 2023-11-30 | 6.57% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Boone, NC.
Boone Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Boone, NC market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Boone Average Closing Costs & Other Stats
Boone, NC's 168 lenders originated 1,710
loans during 2022. The total origination value was $604,120,000, with an average loan value of
$353,287.
Boone's average closing costs are $4,340.
The top Boone lender as defined by loan originations is STATE EMPLOYEES', with
114 loans originated. Their average total fees are
$4,099, which is $3,431
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Boone lenders (with over 10 loans originated) are
JPMorgan Chase Bank ($4,075), STATE EMPLOYEES' ($4,099), Flagstar Bank, FSB ($4,657), First-Citizens Bank & Trust Company ($4,814) and BETTER MORTGAGE CORPORATION ($4,894).
The lowest rate Boone lenders (with over 10 loans originated) are
BETTER MORTGAGE CORPORATION (3.76%), STATE EMPLOYEES' (3.98%), TD Bank (4.00%), Bank of America (4.01%) and Citizens Bank (4.20%).
Boone, NC Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| STATE EMPLOYEES' | $59,195,000 | $55,480,000 | -6.3% | 9.2% |
| MOVEMENT MORTGAGE, LLC | $47,030,000 | $40,425,000 | -14.0% | 6.7% |
| QUICKEN LOANS, LLC | $81,005,000 | $36,435,000 | -55.0% | 6.0% |
| First-Citizens Bank & Trust Company | $32,735,000 | $28,490,000 | -13.0% | 4.7% |
| Truist | $39,865,000 | $24,425,000 | -38.7% | 4.0% |
| First National Bank of Pennsylvania | $22,565,000 | $21,900,000 | -2.9% | 3.6% |
| Bank of America | $27,125,000 | $17,095,000 | -37.0% | 2.8% |
| Wells Fargo Bank | $35,455,000 | $15,045,000 | -57.6% | 2.5% |
| United Community Bank | $17,080,000 | $14,365,000 | -15.9% | 2.4% |
| Skyline National Bank | $10,050,000 | $12,770,000 | 27.1% | 2.1% |
| First Carolina Bank | $5,315,000 | $11,635,000 | 118.9% | 1.9% |
| UNITED WHOLESALE MORTGAGE, LLC | $18,250,000 | $11,560,000 | -36.7% | 1.9% |
| First Community Bank | $8,740,000 | $8,910,000 | 1.9% | 1.5% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $18,785,000 | $8,725,000 | -53.6% | 1.4% |
| New Peoples Bank, Inc. | $7,505,000 | $7,760,000 | 3.4% | 1.3% |
| Bank of Tennessee | $5,070,000 | $7,570,000 | 49.3% | 1.3% |
| Citizens Bank | $4,250,000 | $7,410,000 | 74.4% | 1.2% |
| JPMorgan Chase Bank | $13,650,000 | $7,295,000 | -46.6% | 1.2% |
| U.S. Bank | $4,900,000 | $7,160,000 | 46.1% | 1.2% |
| TD Bank | $3,585,000 | $6,815,000 | 90.1% | 1.1% |
| BETTER MORTGAGE CORPORATION | $12,835,000 | $6,645,000 | -48.2% | 1.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $10,045,000 | $6,545,000 | -34.8% | 1.1% |
| First Horizon Bank | $7,510,000 | $6,490,000 | -13.6% | 1.1% |
| PNC Bank | $10,550,000 | $6,250,000 | -40.8% | 1.0% |
| Pinnacle Bank | $5,870,000 | $6,085,000 | 3.7% | 1.0% |
| Atlantic Union Bank | $5,705,000 | n/a | 0.9% | |
| Flagstar Bank, FSB | $9,590,000 | $5,545,000 | -42.2% | 0.9% |
| Piedmont Federal Savings Bank | $2,825,000 | $5,350,000 | 89.4% | 0.9% |
| The Fidelity Bank | $1,920,000 | $5,060,000 | 163.5% | 0.8% |
| South State Bank | $7,375,000 | $4,785,000 | -35.1% | 0.8% |
| Regions Bank | $4,575,000 | $4,585,000 | 0.2% | 0.8% |
| COASTAL Federal Credit Union | $3,650,000 | $4,415,000 | 21.0% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $7,295,000 | $4,060,000 | -44.3% | 0.7% |
| AMERISAVE MORTGAGE CORPORATION | $3,590,000 | $4,025,000 | 12.1% | 0.7% |
| Uwharrie Bank | $2,160,000 | $3,920,000 | 81.5% | 0.6% |
| The Huntington National Bank | $1,560,000 | $3,755,000 | 140.7% | 0.6% |
| Allen Tate Mortgage Partners, LLC | $7,970,000 | $3,700,000 | -53.6% | 0.6% |
| Morgan Stanley Private Bank | $7,460,000 | $3,635,000 | -51.3% | 0.6% |
| CROSSCOUNTRY MORTGAGE, LLC | $930,000 | $3,520,000 | 278.5% | 0.6% |
| UBS Bank USA | $4,390,000 | $3,485,000 | -20.6% | 0.6% |
| Northpointe Bank | $950,000 | $3,440,000 | 262.1% | 0.6% |
| LOANDEPOT.COM, LLC | $12,405,000 | $3,130,000 | -74.8% | 0.5% |
| American Security Mortgage Corp. | $9,205,000 | $3,020,000 | -67.2% | 0.5% |
| First Bank | $2,245,000 | $2,900,000 | 29.2% | 0.5% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $4,175,000 | $2,710,000 | -35.1% | 0.4% |
| Raymond James Bank | $945,000 | $2,690,000 | 184.7% | 0.4% |
| Corporate Investors Mortgage Group, Inc. | $5,015,000 | $2,675,000 | -46.7% | 0.4% |
| CMG MORTGAGE, INC. | $645,000 | $2,635,000 | 308.5% | 0.4% |
| Towne Bank | $1,280,000 | $2,585,000 | 102.0% | 0.4% |
| Bank OZK | $485,000 | $2,470,000 | 409.3% | 0.4% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $9,075,000 | $2,445,000 | -73.1% | 0.4% |
| First Mortgage Solutions, LLC | $425,000 | $2,435,000 | 472.9% | 0.4% |
| Southern First Bank | $235,000 | $2,435,000 | 936.2% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $3,180,000 | $2,360,000 | -25.8% | 0.4% |
| UNION HOME MORTGAGE CORP. | $610,000 | $2,250,000 | 268.9% | 0.4% |
| FREEDOM MORTGAGE CORPORATION | $6,470,000 | $2,185,000 | -66.2% | 0.4% |
| Prosperity Home Mortgage, LLC | $1,365,000 | $2,080,000 | 52.4% | 0.3% |
| Charles Schwab Bank, SSB | $4,200,000 | $2,070,000 | -50.7% | 0.3% |
| Wyndham Capital Mortgage, Inc. | $4,695,000 | $1,950,000 | -58.5% | 0.3% |
| INLAND BANK & TRUST | $1,895,000 | n/a | 0.3% | |
| GoPrime Mortgage, Inc. | $2,195,000 | $1,880,000 | -14.4% | 0.3% |
| Comerica Bank | $1,805,000 | n/a | 0.3% | |
| Fifth Third Bank | $5,570,000 | $1,795,000 | -67.8% | 0.3% |
| The Park National Bank | $1,515,000 | $1,790,000 | 18.2% | 0.3% |
| United Bank | $3,405,000 | $1,740,000 | -48.9% | 0.3% |
| INTERCOASTAL MORTGAGE COMPANY | $1,755,000 | $1,725,000 | -1.7% | 0.3% |
| GUARANTEED RATE, INC. | $4,485,000 | $1,690,000 | -62.3% | 0.3% |
| TJC Mortgage, Inc. | $1,595,000 | n/a | 0.3% | |
| LENDINGHOME FUNDING CORPORATION | $1,500,000 | n/a | 0.2% | |
| Toyota Financial Savings Bank | $1,455,000 | n/a | 0.2% | |
| PENNYMAC LOAN SERVICES, LLC | $6,120,000 | $1,440,000 | -76.5% | 0.2% |
| Hometown Equity Mortgage, LLC | $1,435,000 | n/a | 0.2% | |
| CRESCENT MORTGAGE COMPANY | $435,000 | $1,405,000 | 223.0% | 0.2% |
| KeyBank | $215,000 | $1,405,000 | 553.5% | 0.2% |
| HomeTrust Bank | $975,000 | $1,370,000 | 40.5% | 0.2% |
| FINANCE OF AMERICA MORTGAGE LLC | $825,000 | $1,360,000 | 64.8% | 0.2% |
| NEXERA HOLDING LLC | $1,355,000 | n/a | 0.2% | |
| Mortgage Research Center, LLC | $4,910,000 | $1,330,000 | -72.9% | 0.2% |
| Alcova Mortgage LLC | $4,575,000 | $1,310,000 | -71.4% | 0.2% |
| BROKER SOLUTIONS, INC. | $2,665,000 | $1,270,000 | -52.3% | 0.2% |
| USAA Federal Savings Bank | $815,000 | $1,265,000 | 55.2% | 0.2% |
| Ameris Bank | $4,995,000 | $1,235,000 | -75.3% | 0.2% |
| UNITED | $1,225,000 | n/a | 0.2% | |
| BNY Mellon | $465,000 | $1,205,000 | 159.1% | 0.2% |
| Citadel Servicing Corporation | $1,195,000 | n/a | 0.2% | |
| EQUITY RESOURCES, INC. | $6,200,000 | $1,190,000 | -80.8% | 0.2% |
| ACADEMY MORTGAGE CORPORATION | $375,000 | $1,185,000 | 216.0% | 0.2% |
| First Federal Savings Bank of Lincolnton | $1,185,000 | n/a | 0.2% | |
| FINANCE OF AMERICA REVERSE LLC | $725,000 | $1,175,000 | 62.1% | 0.2% |
| Truliant Federal Credit Union | $330,000 | $1,135,000 | 243.9% | 0.2% |
| North State Bank | $2,090,000 | $1,090,000 | -47.8% | 0.2% |
| Andrew Johnson Bank | $1,055,000 | n/a | 0.2% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $980,000 | n/a | 0.2% | |
| NEW DAY FINANCIAL, LLC | $1,945,000 | $960,000 | -50.6% | 0.2% |
| Citibank | $410,000 | $920,000 | 124.4% | 0.2% |
| City National Bank | $605,000 | $905,000 | 49.6% | 0.1% |
| NBKC BANK | $1,140,000 | $890,000 | -21.9% | 0.1% |
| Stifel Bank and Trust | $1,675,000 | $885,000 | -47.2% | 0.1% |
| Blue Ridge Bank | $155,000 | $875,000 | 464.5% | 0.1% |
| LIMA ONE CAPITAL, LLC | $740,000 | $870,000 | 17.6% | 0.1% |
| FREEDOM FIRST | $855,000 | n/a | 0.1% | |
| The Central Trust Bank | $890,000 | $850,000 | -4.5% | 0.1% |
| AMERICAN ADVISORS GROUP | $385,000 | $830,000 | 115.6% | 0.1% |
| Peoples Bank | $755,000 | $820,000 | 8.6% | 0.1% |
| CAPITAL CENTER, L.L.C. | $1,095,000 | $810,000 | -26.0% | 0.1% |
| CALIBER HOME LOANS, INC. | $3,140,000 | $800,000 | -74.5% | 0.1% |
| Renasant Bank | $2,725,000 | $770,000 | -71.7% | 0.1% |
| Southern Bank and Trust Company | $1,805,000 | $750,000 | -58.4% | 0.1% |
| FOUNDERS FEDERAL CREDIT UNION | $740,000 | n/a | 0.1% | |
| HOME POINT FINANCIAL CORPORATION | $4,880,000 | $725,000 | -85.1% | 0.1% |
| GUILD MORTGAGE COMPANY | $345,000 | $715,000 | 107.2% | 0.1% |
| Synovus Bank | $1,280,000 | $700,000 | -45.3% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $2,305,000 | $695,000 | -69.8% | 0.1% |
| SHARONVIEW FEDERAL CREDIT UNION | $65,000 | $695,000 | 969.2% | 0.1% |
| ANGEL OAK HOME LOANS LLC | $185,000 | $690,000 | 273.0% | 0.1% |
| HOMESTAR FINANCIAL CORPORATION | $690,000 | $690,000 | 0.0% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $4,040,000 | $680,000 | -83.2% | 0.1% |
| Commerce Home Mortgage, Inc. | $675,000 | n/a | 0.1% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $185,000 | $670,000 | 262.2% | 0.1% |
| UNIVERSITY LENDING GROUP, LLC | $565,000 | $670,000 | 18.6% | 0.1% |
| NEWREZ LLC | $2,725,000 | $665,000 | -75.6% | 0.1% |
| WINGS FINANCIAL | $665,000 | n/a | 0.1% | |
| First Home Bank | $95,000 | $650,000 | 584.2% | 0.1% |
| Ally Bank | $118,150,000 | $645,000 | -99.5% | 0.1% |
| SPRING EQ, LLC | $35,000 | $625,000 | 1,685.7% | 0.1% |
| Alpha Mortgage Corporation | $420,000 | $620,000 | 47.6% | 0.1% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $2,065,000 | $620,000 | -70.0% | 0.1% |
| Carolina Bank & Trust | $355,000 | $605,000 | 70.4% | 0.1% |
| First United Bank and Trust Company | $595,000 | n/a | 0.1% | |
| LENDSURE MORTGAGE CORP. | $595,000 | n/a | 0.1% | |
| AMERICAN INTERNET MORTGAGE, INC. | $500,000 | $585,000 | 17.0% | 0.1% |
| SOUTHERN TRUST MORTGAGE, LLC | $1,265,000 | $585,000 | -53.8% | 0.1% |
| CHARLOTTE METRO FEDERAL CREDIT UNION | $385,000 | $570,000 | 48.1% | 0.1% |
| AgFirst Farm Credit Bank | $410,000 | $530,000 | 29.3% | 0.1% |
| Magnolia Bank | $915,000 | $515,000 | -43.7% | 0.1% |
| CITIZENS EQUITY FIRST | $505,000 | n/a | 0.1% | |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $505,000 | n/a | 0.1% | |
| T2 FINANCIAL LLC | $155,000 | $490,000 | 216.1% | 0.1% |
| FIRST BANCORP, INC. | $480,000 | n/a | 0.1% | |
| SeaTrust Mortgage Company | $480,000 | n/a | 0.1% | |
| CHAMPIONS MORTGAGE LLC | $475,000 | n/a | 0.1% | |
| GUARANTY HOME MORTGAGE CORPORATION | $475,000 | n/a | 0.1% | |
| The Peoples Bank | $475,000 | n/a | 0.1% | |
| Waterstone Mortgage Corporation | $545,000 | $475,000 | -12.8% | 0.1% |
| Wolfe Financial, Inc | $1,090,000 | $475,000 | -56.4% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $225,000 | $465,000 | 106.7% | 0.1% |
| MIAMI FIREFIGHTERS FCU | $930,000 | $460,000 | -50.5% | 0.1% |
| First Savings Bank | $455,000 | n/a | 0.1% | |
| First Federal Bank | $1,360,000 | $450,000 | -66.9% | 0.1% |
| Farmers Bank & Trust | $845,000 | $445,000 | -47.3% | 0.1% |
| NexBank | $445,000 | n/a | 0.1% | |
| First Heritage Mortgage, LLC | $1,980,000 | $425,000 | -78.5% | 0.1% |
| HOMESTEAD FUNDING CORP. | $415,000 | n/a | 0.1% | |
| KELLER MORTGAGE, LLC | $3,110,000 | $410,000 | -86.8% | 0.1% |
| CORNERSTONE HOME LENDING, INC. | $1,360,000 | $405,000 | -70.2% | 0.1% |
| Texas Security Bank | $405,000 | n/a | 0.1% | |
| Paramount Residential Mortgage Group, Inc. | $1,035,000 | $400,000 | -61.4% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $395,000 | n/a | 0.1% | |
| Discover Bank | $395,000 | n/a | 0.1% | |
| First Reliance Bank | $590,000 | $395,000 | -33.1% | 0.1% |
| ITHINK FINANCIAL Credit Union | $395,000 | n/a | 0.1% | |
| Towne Mortgage of the Carolinas, LLC | $395,000 | n/a | 0.1% | |
| HOMESIDE FINANCIAL, LLC | $2,705,000 | $385,000 | -85.8% | 0.1% |
| MILEND, INC. | $1,225,000 | $365,000 | -70.2% | 0.1% |
| PARSONS Federal Credit Union | $365,000 | n/a | 0.1% | |
| American Airlines Federal Credit Union | $360,000 | n/a | 0.1% | |
| RESOURCE FINANCIAL SERVICES, INC. | $1,420,000 | $355,000 | -75.0% | 0.1% |
| THE MORTGAGE FIRM, INC. | $355,000 | n/a | 0.1% | |
| ALLEGACY FEDERAL CREDIT UNION | $520,000 | $345,000 | -33.7% | 0.1% |
| HAMILTON HOME LOANS, INC. | $345,000 | n/a | 0.1% | |
| Princeton Mortgage Corporation | $345,000 | n/a | 0.1% | |
| The Bank of South Carolina | $335,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $440,000 | $335,000 | -23.9% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $315,000 | n/a | 0.1% | |
| Firstrust Savings Bank | $305,000 | n/a | 0.1% | |
| LAND HOME FINANCIAL SERVICES, INC. | $305,000 | n/a | 0.1% | |
| FirstBank | $1,005,000 | $300,000 | -70.1% | 0.0% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,740,000 | $300,000 | -82.8% | 0.0% |
| Equity Prime Mortgage LLC | $295,000 | n/a | 0.0% | |
| PIKE CREEK MORTGAGE SERVICES, INC. | $295,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $295,000 | n/a | 0.0% | |
| ADVANCIAL | $285,000 | n/a | 0.0% | |
| ACOPIA, LLC | $215,000 | $275,000 | 27.9% | 0.0% |
| The Federal Savings Bank | $680,000 | $275,000 | -59.6% | 0.0% |
| AMCAP MORTGAGE, LTD. | $265,000 | n/a | 0.0% | |
| STEARNS LENDING, LLC | $225,000 | $265,000 | 17.8% | 0.0% |
| AMERIFIRST FINANCIAL CORPORATION | $695,000 | $255,000 | -63.3% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $255,000 | n/a | 0.0% | |
| Carter Bank & Trust | $245,000 | n/a | 0.0% | |
| CIS Financial Services, Inc. | $145,000 | $245,000 | 69.0% | 0.0% |
| FIRST HOME MORTGAGE CORPORATION | $2,730,000 | $245,000 | -91.0% | 0.0% |
| NFM, INC. | $1,735,000 | $245,000 | -85.9% | 0.0% |
| POLARIS HOME FUNDING CORP. | $185,000 | $245,000 | 32.4% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $1,175,000 | $245,000 | -79.1% | 0.0% |
| Silicon Valley Bank | $245,000 | n/a | 0.0% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $690,000 | $245,000 | -64.5% | 0.0% |
| MORIA DEVELOPMENT, INC. | $225,000 | n/a | 0.0% | |
| Mortgage Network, Inc. | $225,000 | n/a | 0.0% | |
| NP, Inc. | $385,000 | $215,000 | -44.2% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $175,000 | $215,000 | 22.9% | 0.0% |
| Goldwater Bank, N.A. | $325,000 | $205,000 | -36.9% | 0.0% |
| GSF Mortgage Corporation | $285,000 | $205,000 | -28.1% | 0.0% |
| SONABANK | $205,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $2,440,000 | $205,000 | -91.6% | 0.0% |
| UIF CORPORATION | $720,000 | $205,000 | -71.5% | 0.0% |
| C & F Mortgage Corporation | $295,000 | $195,000 | -33.9% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $600,000 | $195,000 | -67.5% | 0.0% |
| IMPAC MORTGAGE CORP. | $195,000 | n/a | 0.0% | |
| Assurance Financial Group, L.L.C. | $185,000 | n/a | 0.0% | |
| First Internet Bank of Indiana | $295,000 | $185,000 | -37.3% | 0.0% |
| George Mason Mortgage, LLC | $185,000 | n/a | 0.0% | |
| LOANLEADERS OF AMERICA, INC. | $185,000 | n/a | 0.0% | |
| MIDLAND MORTGAGE CORPORATION | $195,000 | $165,000 | -15.4% | 0.0% |
| FAY SERVICING, LLC | $155,000 | n/a | 0.0% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $755,000 | $155,000 | -79.5% | 0.0% |
| M&T Bank | $545,000 | $145,000 | -73.4% | 0.0% |
| PHH Mortgage Corporation | $375,000 | $145,000 | -61.3% | 0.0% |
| TOWER | $145,000 | n/a | 0.0% | |
| Carrington Mortgage Services, LLC | $775,000 | $140,000 | -81.9% | 0.0% |
| AMERICAN FINANCING CORPORATION | $880,000 | $115,000 | -86.9% | 0.0% |
| Nations Lending Corporation | $490,000 | $115,000 | -76.5% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $105,000 | $75,000 | -28.6% | 0.0% |
| Baxter Credit Union | $65,000 | n/a | 0.0% | |
| RUOFF MORTGAGE COMPANY, INC. | $185,000 | $65,000 | -64.9% | 0.0% |
| American National Bank and Trust Company | $55,000 | n/a | 0.0% | |
| Figure Lending LLC | $15,000 | $55,000 | 266.7% | 0.0% |
| Northwest Federal Credit Union | $55,000 | n/a | 0.0% | |
| ValleyStar Credit Union | $55,000 | n/a | 0.0% | |
| LANGLEY | $35,000 | n/a | 0.0% |
Boone's top lender by overall market share is STATE EMPLOYEES', with 9.2% market share. In second place, with 6.7%, is MOVEMENT MORTGAGE, LLC, having originated $40,425,000 in loans. In third place, with 6.0%, is QUICKEN LOANS, LLC, having originated $36,435,000 in loans. In fourth place, with 4.7%, is First-Citizens Bank & Trust Company, having originated $28,490,000 in loans. In fifth place, with 4.0%, is Truist, having originated $24,425,000 in loans.
Boone Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Boone (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 | $340,700 (14.7%) | $490,437 (17.9%) | 0.00 | 719 |
| 2018-02-01 | $352,400 (19.5%) | $506,596 (25.4%) | 0.00 | 704 |
| 2018-03-01 | $370,950 (24.1%) | $520,439 (26.8%) | 0.00 | 701 |
| 2018-04-01 | $359,000 (19.7%) | $513,239 (24.3%) | 0.00 | 738 |
| 2018-05-01 | $359,450 (47.3%) | $508,713 (40.1%) | 0.00 | 791 |
| 2018-06-01 | $373,500 (99.3%) | $519,706 (70.6%) | 0.00 | 883 |
| 2018-07-01 | $284,000 (42.7%) | $422,872 (36.3%) | 0.00 | 1,340 |
| 2018-08-01 | $185,000 (-43.7%) | $316,259 (-30.4%) | 0.00 | 1,728 |
| 2018-09-01 | $180,450 (-45.3%) | $316,260 (-31.4%) | 0.00 | 1,724 |
| 2018-10-01 | $179,000 (-45.7%) | $311,627 (-32.7%) | 0.00 | 1,699 |
| 2018-11-01 | $169,000 (-48.3%) | $301,856 (-34.5%) | 0.00 | 1,646 |
| 2018-12-01 | $159,900 (-51.4%) | $299,247 (-36.8%) | 0.00 | 1,530 |
| 2019-01-01 | $150,000 (-56.0%) | $292,460 (-40.4%) | 0.00 | 1,368 |
| 2019-02-01 | $148,000 (-58.0%) | $287,248 (-43.3%) | 0.00 | 1,373 |
| 2019-03-01 | $256,143 (-31.0%) | $415,250 (-20.2%) | 0.00 | 1,043 |
| 2019-04-01 | $399,000 (11.1%) | $579,378 (12.9%) | 0.00 | 606 |
| 2019-05-01 | $395,224 (10.0%) | $572,020 (12.4%) | 0.00 | 597 |
| 2019-06-01 | $399,000 (6.8%) | $577,016 (11.0%) | 0.00 | 664 |
| 2019-07-01 | $399,000 (40.5%) | $584,097 (38.1%) | 0.00 | 695 |
| 2019-08-01 | $404,455 (118.6%) | $594,956 (88.1%) | 0.00 | 677 |
| 2019-09-01 | $412,636 (128.7%) | $606,788 (91.9%) | 0.00 | 650 |
| 2019-10-01 | $421,950 (135.7%) | $616,824 (97.9%) | 0.00 | 623 |
| 2019-11-01 | $420,000 (148.5%) | $615,618 (103.9%) | 0.00 | 544 |
| 2019-12-01 | $417,500 (161.1%) | $610,947 (104.2%) | 0.00 | 495 |
| 2020-01-01 | $422,475 (181.7%) | $616,970 (111.0%) | 0.00 | 438 |
| 2020-02-01 | $435,000 (193.9%) | $629,343 (119.1%) | 0.00 | 414 |
| 2020-03-01 | $449,000 (75.3%) | $623,721 (50.2%) | 0.00 | 421 |
| 2020-04-01 | $449,000 (12.5%) | $628,244 (8.4%) | 0.00 | 424 |
| 2020-05-01 | $450,000 (13.9%) | $652,479 (14.1%) | 0.00 | 426 |
| 2020-06-01 | $462,500 (15.9%) | $666,295 (15.5%) | 0.00 | 393 |
| 2020-07-01 | $485,975 (21.8%) | $712,050 (21.9%) | 0.00 | 336 |
| 2020-08-01 | $498,500 (23.3%) | $719,280 (20.9%) | 0.00 | 268 |
| 2020-09-01 | $499,450 (21.0%) | $749,369 (23.5%) | 0.00 | 240 |
| 2020-10-01 | $524,950 (24.4%) | $757,570 (22.8%) | 0.00 | 213 |
| 2020-11-01 | $521,200 (24.1%) | $783,956 (27.3%) | 0.00 | 193 |
| 2020-12-01 | $499,475 (19.6%) | $762,845 (24.9%) | 0.00 | 174 |
| 2021-01-01 | $499,450 (18.2%) | $771,526 (25.1%) | 0.00 | 146 |
| 2021-02-01 | $563,125 (29.5%) | $896,903 (42.5%) | 0.00 | 129 |
| 2021-03-01 | $564,725 (25.8%) | $926,240 (48.5%) | 0.00 | 113 |
| 2021-04-01 | $597,500 (33.1%) | $974,080 (55.1%) | 0.00 | 118 |
| 2021-05-01 | $617,000 (37.1%) | $979,782 (50.2%) | 0.00 | 164 |
| 2021-06-01 | $614,500 (32.9%) | $918,576 (37.9%) | 0.00 | 195 |
| 2021-07-01 | $599,900 (23.4%) | $883,729 (24.1%) | 0.00 | 219 |
| 2021-08-01 | $580,725 (16.5%) | $873,705 (21.5%) | 0.00 | 205 |
| 2021-09-01 | $598,975 (19.9%) | $876,902 (17.0%) | 0.00 | 182 |
| 2021-10-01 | $599,250 (14.2%) | $812,581 (7.3%) | 0.00 | 180 |
| 2021-11-01 | $559,975 (7.4%) | $766,260 (-2.3%) | 0.00 | 153 |
| 2021-12-01 | $597,000 (19.5%) | $817,937 (7.2%) | 0.00 | 114 |
| 2022-01-01 | $727,000 (45.6%) | $1,048,855 (36.0%) | 0.00 | 90 |
| 2022-02-01 | $705,750 (25.3%) | $1,051,424 (17.2%) | 0.00 | 87 |
| 2022-03-01 | $727,500 (28.8%) | $1,064,925 (15.0%) | 0.00 | 96 |
| 2022-04-01 | $635,000 (6.3%) | $930,567 (-4.5%) | 0.00 | 126 |
| 2022-05-01 | $629,750 (2.1%) | $897,212 (-8.4%) | 0.00 | 179 |
| 2022-06-01 | $642,357 (4.5%) | $842,146 (-8.3%) | 0.00 | 236 |
| 2022-07-01 | $649,728 (8.3%) | $838,204 (-5.2%) | 0.00 | 301 |
| 2022-08-01 | $649,407 (11.8%) | $840,654 (-3.8%) | 0.00 | 283 |
| 2022-09-01 | $699,000 (16.7%) | $924,421 (5.4%) | 0.00 | 248 |
| 2022-10-01 | $699,000 (16.7%) | $935,159 (15.1%) | 0.00 | 221 |
| 2022-11-01 | $698,000 (24.7%) | $939,069 (22.6%) | 0.00 | 212 |
| 2022-12-01 | $699,000 (17.1%) | $909,399 (11.2%) | 0.00 | 195 |
| 2023-01-01 | $724,250 (-0.4%) | $950,306 (-9.4%) | 0.00 | 165 |
| 2023-02-01 | $699,000 (-1.0%) | $937,981 (-10.8%) | 0.00 | 142 |
| 2023-03-01 | $689,725 (-5.2%) | $923,684 (-13.3%) | 0.00 | 153 |
| 2023-04-01 | $649,814 (2.3%) | $885,230 (-4.9%) | 0.00 | 178 |
| 2023-05-01 | $682,000 (8.3%) | $915,433 (2.0%) | 0.00 | 223 |
| 2023-06-01 | $672,225 (4.7%) | $875,965 (4.0%) | 0.00 | 258 |
| 2023-07-01 | $699,000 (7.6%) | $927,925 (10.7%) | 0.00 | 267 |
| 2023-08-01 | $719,225 (10.8%) | $935,957 (11.3%) | 0.00 | 260 |
| 2023-09-01 | $733,139 (4.9%) | $935,889 (1.2%) | 0.00 | 260 |
| 2023-10-01 | $698,450 (-0.1%) | $931,878 (-0.4%) | 0.00 | 268 |
| 2023-11-01 | $699,000 (0.1%) | $931,497 (-0.8%) | 0.00 | 281 |
Boone's median listing price for 2023-11-01 was $699,000, a difference of
$1,000
(0.1%) versus the prior year and
$550 versus the prior month.
Boone's median listing price comes in at 0% of the national average.
Boone's average listing price for 2023-11-01 was $931,497, a difference of $-7,572 (-0.8%) versus the prior year and $-381 versus the prior month.
For the 2023-11-01 period, Boone had 281 MLS listings, a difference of 13 listings (5%) versus the prior month and 69 listings (33%) versus the prior year.
Boone's median listing price comes in at 0% of the national average.
Boone's average listing price for 2023-11-01 was $931,497, a difference of $-7,572 (-0.8%) versus the prior year and $-381 versus the prior month.
For the 2023-11-01 period, Boone had 281 MLS listings, a difference of 13 listings (5%) versus the prior month and 69 listings (33%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Boone (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 2,051 sqft |
| 2018-02-01 | 0 days | 2,080 sqft |
| 2018-03-01 | 0 days | 2,138 sqft |
| 2018-04-01 | 0 days | 2,135 sqft |
| 2018-05-01 | 0 days | 2,142 sqft |
| 2018-06-01 | 0 days | 2,160 sqft |
| 2018-07-01 | 0 days | 2,173 sqft |
| 2018-08-01 | 0 days | 2,160 sqft |
| 2018-09-01 | 0 days | 2,167 sqft |
| 2018-10-01 | 0 days | 2,164 sqft |
| 2018-11-01 | 0 days | 2,154 sqft |
| 2018-12-01 | 0 days | 2,164 sqft |
| 2019-01-01 | 0 days | 2,160 sqft |
| 2019-02-01 | 0 days | 2,147 sqft |
| 2019-03-01 | 0 days | 2,228 sqft |
| 2019-04-01 | 0 days | 2,226 sqft |
| 2019-05-01 | 0 days | 2,162 sqft |
| 2019-06-01 | 0 days | 2,210 sqft |
| 2019-07-01 | 0 days | 2,295 sqft |
| 2019-08-01 | 0 days | 2,327 sqft |
| 2019-09-01 | 0 days | 2,368 sqft |
| 2019-10-01 | 0 days | 2,400 sqft |
| 2019-11-01 | 0 days | 2,366 sqft |
| 2019-12-01 | 0 days | 2,304 sqft |
| 2020-01-01 | 0 days | 2,327 sqft |
| 2020-02-01 | 0 days | 2,400 sqft |
| 2020-03-01 | 0 days | 2,329 sqft |
| 2020-04-01 | 0 days | 2,299 sqft |
| 2020-05-01 | 0 days | 2,352 sqft |
| 2020-06-01 | 0 days | 2,388 sqft |
| 2020-07-01 | 0 days | 2,533 sqft |
| 2020-08-01 | 0 days | 2,534 sqft |
| 2020-09-01 | 0 days | 2,515 sqft |
| 2020-10-01 | 0 days | 2,409 sqft |
| 2020-11-01 | 0 days | 2,411 sqft |
| 2020-12-01 | 0 days | 2,355 sqft |
| 2021-01-01 | 0 days | 2,315 sqft |
| 2021-02-01 | 0 days | 2,516 sqft |
| 2021-03-01 | 0 days | 2,419 sqft |
| 2021-04-01 | 0 days | 2,499 sqft |
| 2021-05-01 | 0 days | 2,593 sqft |
| 2021-06-01 | 0 days | 2,569 sqft |
| 2021-07-01 | 0 days | 2,517 sqft |
| 2021-08-01 | 0 days | 2,386 sqft |
| 2021-09-01 | 0 days | 2,362 sqft |
| 2021-10-01 | 0 days | 2,175 sqft |
| 2021-11-01 | 0 days | 2,037 sqft |
| 2021-12-01 | 0 days | 2,136 sqft |
| 2022-01-01 | 0 days | 2,437 sqft |
| 2022-02-01 | 0 days | 2,209 sqft |
| 2022-03-01 | 0 days | 2,231 sqft |
| 2022-04-01 | 0 days | 2,158 sqft |
| 2022-05-01 | 0 days | 2,176 sqft |
| 2022-06-01 | 0 days | 2,174 sqft |
| 2022-07-01 | 0 days | 2,154 sqft |
| 2022-08-01 | 0 days | 2,115 sqft |
| 2022-09-01 | 0 days | 2,185 sqft |
| 2022-10-01 | 0 days | 2,178 sqft |
| 2022-11-01 | 0 days | 2,132 sqft |
| 2022-12-01 | 0 days | 2,130 sqft |
| 2023-01-01 | 0 days | 2,109 sqft |
| 2023-02-01 | 0 days | 2,026 sqft |
| 2023-03-01 | 0 days | 2,035 sqft |
| 2023-04-01 | 0 days | 1,971 sqft |
| 2023-05-01 | 0 days | 2,000 sqft |
| 2023-06-01 | 0 days | 2,009 sqft |
| 2023-07-01 | 0 days | 2,125 sqft |
| 2023-08-01 | 0 days | 2,224 sqft |
| 2023-09-01 | 0 days | 2,164 sqft |
| 2023-10-01 | 0 days | 2,140 sqft |
| 2023-11-01 | 0 days | 2,098 sqft |
Boone's median listing age (time on market) for 2023-11-01 was 0 days.
Boone's median square footage for active listings during the 2023-11-01 period was 2,098 sqft. One year prior, the average listing was 2,132 sqft.
Boone's median square footage for active listings during the 2023-11-01 period was 2,098 sqft. One year prior, the average listing was 2,132 sqft.
Boone, NC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 886 | $408,360,000 | $460,903 |
| Refi | 304 | $79,190,000 | $260,493 |
| Cash Out Refi | 192 | $50,870,000 | $264,948 |
| Other | 173 | $40,925,000 | $236,561 |
| Home Improvement | 155 | $24,775,000 | $159,839 |
Boone's most frequently cited loan purpose was Home Purchase, with 886 originations. The 2nd most popular reason was Refi, with 304 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 526 | $179,050,000 | $340,399 |
| 4-5% | 324 | $131,480,000 | $405,802 |
| 5-6% | 309 | $111,245,000 | $360,016 |
| 2.5-3% | 216 | $62,220,000 | $288,056 |
| 6-7% | 153 | $50,775,000 | $331,863 |
| 7-8% | 65 | $19,305,000 | $297,000 |
| <2.5% | 58 | $16,150,000 | $278,448 |
| Over 8% | 18 | $5,110,000 | $283,889 |
During 2022, Boone's most frequently originated rate bucket was 3-4%, with 526 originations.
Loan Sizing (Boone, NC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 658 | $189,040,000 | $287,295 |
| $100k-200k | 354 | $52,960,000 | $149,605 |
| $400k-600k | 289 | $139,295,000 | $481,990 |
| $100,000 or less | 196 | $11,620,000 | $59,286 |
| $600k-1000k | 151 | $110,795,000 | $733,742 |
| $Over $1MM | 62 | $100,410,000 | $1,619,516 |
Boone's loan sizing saw the bucket of loans from $200k-400k with 658 originations, totaling $189,040,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 530 | $231,440,000 | $436,679 |
| 80-100% | 465 | $201,135,000 | $432,548 |
| 40-60% | 262 | $81,130,000 | $309,656 |
| 20-40% | 238 | $45,070,000 | $189,370 |
| Under 20% | 166 | $12,830,000 | $77,289 |
| Over 100% | 6 | $2,560,000 | $426,667 |
Boone's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 530 originations, totaling $231,440,000 in origination value.