Douglas Mortgage Rates
30 Year Fixed Rate mortgages in Douglas averaged
6.29%
for the week of 2022-06-23, compared to the national average of
5.81% for the same period.
The average rate for the prior week (2022-06-16) was
6.16% and
one month ago for the week of 2022-05-19, the
average rate was 5.33%.
Douglas's average rate one year ago was 3.01%.
For refis of the same type during the week of 2022-06-23, the average rate
was 6.09%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2022-06-23 | 5.81% |
Douglas 30 Year Fixed Rate | 2022-06-23 | 6.29% |
Douglas 30 Year Fixed Rate Refi | 2022-06-23 | 6.09% |
Douglas 15 Year Fixed Rate | 2022-06-23 | 7.51% |
Douglas 15 Year Fixed Rate Refi | 2022-06-23 | 4.75% |
Douglas 30 Year FHA | 2022-06-23 | 0.11% |
Douglas 30 Year FHA Refi | 2022-06-23 | 0.26% |
Douglas 30 Year USDA | 2022-06-23 | 0.37% |
Douglas 30 Year VA | 2022-06-23 | 0.17% |
Douglas 30 Year VA Refi | 2022-06-23 | -0.05% |
Douglas Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Douglas, GA 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.).
Douglas, GA's 38 lenders originated 731
loans during 2021. The total origination value was $126,235,000, with an average loan value of
$172,688.
The top Douglas lender as defined by loan originations is Renasant Bank, with
79 loans originated. Their average total fees are
$3,288, which is $1,978
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Douglas lenders (with over 10 loans originated) are
Renasant Bank ($3,288), UNITED WHOLESALE MORTGAGE, LLC ($3,290), QUICKEN LOANS, LLC ($5,266), .
The lowest rate Douglas lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (2.99%), UNITED WHOLESALE MORTGAGE, LLC (3.12%), Renasant Bank (3.23%), .
Douglas, GA Lender 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
---|---|---|---|---|
Renasant Bank | $7,310,000 | $39,195,000 | 436.2% | 31.0% |
QUICKEN LOANS, LLC | $14,145,000 | $19,280,000 | 36.3% | 15.3% |
UNITED WHOLESALE MORTGAGE, LLC | $510,000 | $6,460,000 | 1,166.7% | 5.1% |
The First, A National Banking Association | $4,675,000 | n/a | 3.7% | |
Ameris Bank | $2,485,000 | $4,555,000 | 83.3% | 3.6% |
Truist Bank | $2,765,000 | $2,800,000 | 1.3% | 2.2% |
Wells Fargo Bank | $155,000 | $2,480,000 | 1,500.0% | 2.0% |
21ST MORTGAGE CORPORATION | $2,880,000 | $2,445,000 | -15.1% | 1.9% |
PENNYMAC LOAN SERVICES, LLC | $240,000 | $2,435,000 | 914.6% | 1.9% |
Mr. Cooper ( Nationstar Mortgage ) | $865,000 | $2,075,000 | 139.9% | 1.6% |
South State Bank | $635,000 | $2,070,000 | 226.0% | 1.6% |
Colony Bank | $3,435,000 | $2,025,000 | -41.0% | 1.6% |
Mortgage Research Center, LLC | $1,100,000 | $1,935,000 | 75.9% | 1.5% |
SOUTHPOINT FINANCIAL SERVICES, INC. | $2,950,000 | $1,885,000 | -36.1% | 1.5% |
TOWNE MORTGAGE COMPANY | $5,360,000 | $1,660,000 | -69.0% | 1.3% |
FREEDOM MORTGAGE CORPORATION | $2,440,000 | $1,615,000 | -33.8% | 1.3% |
MEGASTAR FINANCIAL CORP. | $945,000 | $1,505,000 | 59.3% | 1.2% |
MORTGAGE INVESTORS GROUP, INC. | $15,245,000 | $1,410,000 | -90.8% | 1.1% |
AgFirst Farm Credit Bank | $1,155,000 | $1,400,000 | 21.2% | 1.1% |
AMERISAVE MORTGAGE CORPORATION | $610,000 | $1,375,000 | 125.4% | 1.1% |
VILLAGE CAPITAL & INVESTMENT LLC | $685,000 | $1,375,000 | 100.7% | 1.1% |
LOANDEPOT.COM, LLC | $765,000 | $1,330,000 | 73.9% | 1.1% |
AmeriHome Mortgage Company, LLC | $370,000 | $1,155,000 | 212.2% | 0.9% |
Blue Ridge Bank | $2,250,000 | $1,150,000 | -48.9% | 0.9% |
TRIAD FINANCIAL SERVICES, INC. | $240,000 | $1,125,000 | 368.8% | 0.9% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $400,000 | $865,000 | 116.3% | 0.7% |
CALIBER HOME LOANS, INC. | $320,000 | $735,000 | 129.7% | 0.6% |
MOVEMENT MORTGAGE, LLC | $485,000 | $685,000 | 41.2% | 0.5% |
HOMESTAR FINANCIAL CORPORATION | $600,000 | $565,000 | -5.8% | 0.4% |
NAVY FEDERAL CREDIT UNION | $435,000 | $535,000 | 23.0% | 0.4% |
Prosperity Home Mortgage, LLC | $775,000 | $460,000 | -40.6% | 0.4% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $445,000 | n/a | 0.4% | |
Fifth Third Bank | $415,000 | n/a | 0.3% | |
USAA Federal Savings Bank | $125,000 | $375,000 | 200.0% | 0.3% |
HOMESIDE FINANCIAL, LLC | $305,000 | $370,000 | 21.3% | 0.3% |
CHURCHILL MORTGAGE CORPORATION | $185,000 | $320,000 | 73.0% | 0.3% |
PLANET HOME LENDING, LLC | $320,000 | n/a | 0.3% | |
Mortgage Assurance Inc. | $315,000 | n/a | 0.2% | |
SWBC MORTGAGE CORPORATION | $310,000 | n/a | 0.2% | |
BROKER SOLUTIONS, INC. | $310,000 | $300,000 | -3.2% | 0.2% |
First Guaranty Mortgage Corporation | $300,000 | n/a | 0.2% | |
STEARNS LENDING, LLC | $125,000 | $300,000 | 140.0% | 0.2% |
NEWREZ LLC | $335,000 | $290,000 | -13.4% | 0.2% |
BETTER MORTGAGE CORPORATION | $285,000 | n/a | 0.2% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $285,000 | n/a | 0.2% | |
Colonial Savings, F.A. | $275,000 | n/a | 0.2% | |
PROVIDENT FUNDING ASSOCIATES, L.P. | $275,000 | n/a | 0.2% | |
Synovus Bank | $270,000 | n/a | 0.2% | |
Figure Lending LLC | $265,000 | n/a | 0.2% | |
1ST SIGNATURE LENDING, LLC | $255,000 | n/a | 0.2% | |
GUARANTY HOME MORTGAGE CORPORATION | $255,000 | n/a | 0.2% | |
MILEND, INC. | $275,000 | $255,000 | -7.3% | 0.2% |
Discover Bank | $75,000 | $250,000 | 233.3% | 0.2% |
Low VA Rates, LLC | $240,000 | n/a | 0.2% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $610,000 | $240,000 | -60.7% | 0.2% |
AMERICAN FINANCING CORPORATION | $235,000 | $235,000 | 0.0% | 0.2% |
HOME POINT FINANCIAL CORPORATION | $235,000 | n/a | 0.2% | |
Lakeview Community Capital, LLC | $235,000 | n/a | 0.2% | |
The Federal Savings Bank | $265,000 | $235,000 | -11.3% | 0.2% |
ANGEL OAK HOME LOANS LLC | $245,000 | $225,000 | -8.2% | 0.2% |
Flagstar Bank, FSB | $175,000 | $210,000 | 20.0% | 0.2% |
Carrington Mortgage Services, LLC | $115,000 | $205,000 | 78.3% | 0.2% |
AMERICAN FINANCIAL NETWORK, INC. | $195,000 | n/a | 0.2% | |
FirstBank | $125,000 | $195,000 | 56.0% | 0.2% |
NORWICH COMMERCIAL GROUP, INC. | $195,000 | n/a | 0.2% | |
PrimeSouth Bank | $105,000 | $190,000 | 81.0% | 0.2% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $185,000 | n/a | 0.1% | |
PNC Bank | $165,000 | n/a | 0.1% | |
AMWEST FUNDING CORP. | $155,000 | n/a | 0.1% | |
LOANLEADERS OF AMERICA, INC. | $155,000 | n/a | 0.1% | |
PHH Mortgage Corporation | $155,000 | n/a | 0.1% | |
SOUTHEASTERN Credit Union | $175,000 | $155,000 | -11.4% | 0.1% |
SOUTHWEST STAGE FUNDING, LLC | $155,000 | n/a | 0.1% | |
CLEARPATH LENDING | $145,000 | n/a | 0.1% | |
Nations Lending Corporation | $145,000 | n/a | 0.1% | |
Bank of America | $135,000 | n/a | 0.1% | |
First Reliance Bank | $135,000 | n/a | 0.1% | |
SIGNATURE MORTGAGE CORPORATION | $135,000 | n/a | 0.1% | |
ZILLOW HOME LOANS, LLC | $195,000 | $135,000 | -30.8% | 0.1% |
Bank of England | $125,000 | n/a | 0.1% | |
BANKSOUTH MORTGAGE COMPANY, LLC | $125,000 | n/a | 0.1% | |
Farmers & Merchants Bank | $205,000 | $125,000 | -39.0% | 0.1% |
GEORGIA UNITED | $125,000 | n/a | 0.1% | |
Guardian Bank | $455,000 | $125,000 | -72.5% | 0.1% |
CRESCENT MORTGAGE COMPANY | $115,000 | n/a | 0.1% | |
NEW DAY FINANCIAL, LLC | $760,000 | $105,000 | -86.2% | 0.1% |
1st Franklin Financial Corporation | $15,000 | $100,000 | 566.7% | 0.1% |
Pineland Bank | $370,000 | $90,000 | -75.7% | 0.1% |
First Heritage Mortgage, LLC | $85,000 | n/a | 0.1% | |
RUOFF MORTGAGE COMPANY, INC. | $85,000 | n/a | 0.1% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $95,000 | $75,000 | -21.1% | 0.1% |
Southern States Bank | $75,000 | n/a | 0.1% | |
Glennville Bank | $65,000 | n/a | 0.1% | |
AgSouth Farm Credit, ACA | $35,000 | n/a | 0.0% |
Douglas's top lender by overall market share is Renasant Bank, with 31.0% market share. In second place, with 15.3%, is QUICKEN LOANS, LLC, having originated $19,280,000 in loans. In third place, with 5.1%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $6,460,000 in loans. In third place, with 3.7%, is The First, A National Banking Association, having originated $4,675,000 in loans. In third place, with 3.6%, is Ameris Bank, having originated $4,555,000 in loans.
Douglas, GA Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 334 | $57,670,000 | $172,665 |
Refi | 251 | $46,905,000 | $186,873 |
Cash Out Refi | 110 | $18,040,000 | $164,000 |
Home Improvement | 18 | $1,100,000 | $61,111 |
Other | 18 | $2,520,000 | $140,000 |
Douglas's most frequently cited loan purpose was Home Purchase, with 334 originations. The 2nd most popular reason was Refi, with 251 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
2.5-3% | 274 | $49,980,000 | $182,409 |
3-4% | 214 | $43,460,000 | $203,084 |
<2.5% | 124 | $23,370,000 | $188,468 |
4-5% | 30 | $2,980,000 | $99,333 |
Over 8% | 29 | $2,325,000 | $80,172 |
5-6% | 21 | $1,455,000 | $69,286 |
6-7% | 17 | $1,205,000 | $70,882 |
7-8% | 11 | $865,000 | $78,636 |
During 2021, Douglas's most frequently originated rate bucket was 2.5-3%, with 274 originations.
Loan Sizing (Douglas, GA MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 343 | $48,765,000 | $142,172 |
$200k-400k | 190 | $50,040,000 | $263,368 |
$100,000 or less | 177 | $11,775,000 | $66,525 |
$400k-600k | 18 | $8,330,000 | $462,778 |
$Over $1MM | 2 | $6,700,000 | $3,350,000 |
$600k-1000k | 1 | $625,000 | $625,000 |
Douglas's loan sizing saw the bucket of loans from $100k-200k with 343 originations, totaling $48,765,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 339 | $59,815,000 | $176,445 |
60-80% | 248 | $50,310,000 | $202,863 |
40-60% | 63 | $8,235,000 | $130,714 |
20-40% | 29 | $1,915,000 | $66,034 |
Over 100% | 10 | $1,630,000 | $163,000 |
Under 20% | 7 | $265,000 | $37,857 |
Douglas's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 339 originations, totaling $59,815,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Douglas (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 | $120,000 (10.3%) | $153,150 (19.6%) | 0.00 | 136 |
2018-02-01 | $111,500 (2.5%) | $149,459 (17.4%) | 0.00 | 132 |
2018-03-01 | $119,900 (9.3%) | $153,356 (16.4%) | 0.00 | 135 |
2018-04-01 | $139,950 (27.3%) | $167,967 (24.7%) | 0.00 | 137 |
2018-05-01 | $142,500 (29.7%) | $165,944 (24.6%) | 0.00 | 126 |
2018-06-01 | $139,125 (21.0%) | $165,465 (22.3%) | 0.00 | 122 |
2018-07-01 | $136,900 (23.3%) | $165,300 (17.9%) | 0.00 | 126 |
2018-08-01 | $135,000 (22.8%) | $163,886 (13.1%) | 0.00 | 117 |
2018-09-01 | $129,900 (5.7%) | $177,155 (18.9%) | 0.00 | 124 |
2018-10-01 | $129,000 (6.2%) | $179,932 (18.3%) | 0.00 | 129 |
2018-11-01 | $126,950 (4.5%) | $180,619 (14.0%) | 0.00 | 134 |
2018-12-01 | $132,500 (15.2%) | $202,318 (28.8%) | 0.00 | 138 |
2019-01-01 | $140,000 (16.7%) | $212,705 (38.9%) | 0.00 | 126 |
2019-02-01 | $154,950 (39.0%) | $227,355 (52.1%) | 0.00 | 118 |
2019-03-01 | $155,000 (29.3%) | $225,123 (46.8%) | 0.00 | 115 |
2019-04-01 | $155,000 (10.8%) | $221,276 (31.7%) | 0.00 | 110 |
2019-05-01 | $160,000 (12.3%) | $233,279 (40.6%) | 0.00 | 109 |
2019-06-01 | $154,900 (11.3%) | $223,759 (35.2%) | 0.00 | 109 |
2019-07-01 | $145,500 (6.3%) | $209,185 (26.6%) | 0.00 | 106 |
2019-08-01 | $143,386 (6.2%) | $212,741 (29.8%) | 0.00 | 103 |
2019-09-01 | $141,386 (8.8%) | $215,788 (21.8%) | 0.00 | 98 |
2019-10-01 | $141,750 (9.9%) | $202,924 (12.8%) | 0.00 | 104 |
2019-11-01 | $139,900 (10.2%) | $202,075 (11.9%) | 0.00 | 103 |
2019-12-01 | $137,400 (3.7%) | $181,433 (-10.3%) | 0.00 | 97 |
2020-01-01 | $139,950 (0.0%) | $181,984 (-14.4%) | 0.00 | 99 |
2020-02-01 | $144,900 (-6.5%) | $182,174 (-19.9%) | 0.00 | 112 |
2020-03-01 | $144,950 (-6.5%) | $193,337 (-14.1%) | 0.00 | 98 |
2020-04-01 | $149,500 (-3.6%) | $193,327 (-12.6%) | 0.00 | 96 |
2020-05-01 | $149,900 (-6.3%) | $192,808 (-17.4%) | 0.00 | 89 |
2020-06-01 | $165,750 (7.0%) | $211,488 (-5.5%) | 0.00 | 88 |
2020-07-01 | $165,750 (13.9%) | $217,320 (3.9%) | 0.00 | 80 |
2020-08-01 | $164,900 (15.0%) | $220,921 (3.9%) | 0.00 | 81 |
2020-09-01 | $160,000 (13.2%) | $228,599 (5.9%) | 0.00 | 79 |
2020-10-01 | $159,900 (12.8%) | $231,368 (14.0%) | 0.00 | 72 |
2020-11-01 | $152,300 (8.9%) | $234,716 (16.2%) | 0.00 | 71 |
2020-12-01 | $156,800 (14.1%) | $246,440 (35.8%) | 0.00 | 65 |
2021-01-01 | $154,600 (10.5%) | $256,503 (41.0%) | 0.00 | 63 |
2021-02-01 | $156,400 (7.9%) | $280,919 (54.2%) | 0.00 | 52 |
2021-03-01 | $158,500 (9.4%) | $256,513 (32.7%) | 0.00 | 57 |
2021-04-01 | $167,450 (12.0%) | $262,527 (35.8%) | 0.00 | 49 |
2021-05-01 | $179,900 (20.0%) | $272,736 (41.5%) | 0.00 | 44 |
2021-06-01 | $229,450 (38.4%) | $395,713 (87.1%) | 0.00 | 32 |
2021-07-01 | $227,450 (37.2%) | $439,377 (102.2%) | 0.00 | 35 |
2021-08-01 | $197,500 (19.8%) | $373,395 (69.0%) | 0.00 | 51 |
2021-09-01 | $215,000 (34.4%) | $234,787 (2.7%) | 0.00 | 62 |
2021-10-01 | $225,000 (40.7%) | $232,743 (0.6%) | 0.00 | 60 |
2021-11-01 | $225,000 (47.7%) | $243,897 (3.9%) | 0.00 | 58 |
2021-12-01 | $229,450 (46.3%) | $252,201 (2.3%) | 0.00 | 59 |
2022-01-01 | $229,900 (48.7%) | $254,219 (-0.9%) | 0.00 | 52 |
2022-02-01 | $225,000 (43.9%) | $265,141 (-5.6%) | 0.00 | 45 |
2022-03-01 | $244,450 (54.2%) | $278,534 (8.6%) | 0.00 | 40 |
2022-04-01 | $269,900 (61.2%) | $299,348 (14.0%) | 0.00 | 39 |
2022-05-01 | $254,950 (41.7%) | $309,465 (13.5%) | 0.00 | 45 |
Douglas's median listing price comes in at 0% of the national average.
Douglas's average listing price for 2022-05-01 was $309,465, a difference of $36,729 (13.5%) versus the prior year and $10,117 versus the prior month.
For the 2022-05-01 period, Douglas had 45 MLS listings, a difference of 6 listings (15%) versus the prior month and 1 listings (2%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Douglas (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,864 sqft |
2018-02-01 | 0 days | 1,866 sqft |
2018-03-01 | 0 days | 1,812 sqft |
2018-04-01 | 0 days | 1,904 sqft |
2018-05-01 | 0 days | 1,891 sqft |
2018-06-01 | 0 days | 1,887 sqft |
2018-07-01 | 0 days | 1,881 sqft |
2018-08-01 | 0 days | 1,920 sqft |
2018-09-01 | 0 days | 1,908 sqft |
2018-10-01 | 0 days | 1,908 sqft |
2018-11-01 | 0 days | 1,816 sqft |
2018-12-01 | 0 days | 1,832 sqft |
2019-01-01 | 0 days | 1,834 sqft |
2019-02-01 | 0 days | 1,910 sqft |
2019-03-01 | 0 days | 1,921 sqft |
2019-04-01 | 0 days | 1,953 sqft |
2019-05-01 | 0 days | 1,982 sqft |
2019-06-01 | 0 days | 1,963 sqft |
2019-07-01 | 0 days | 1,944 sqft |
2019-08-01 | 0 days | 1,958 sqft |
2019-09-01 | 0 days | 1,983 sqft |
2019-10-01 | 0 days | 1,948 sqft |
2019-11-01 | 0 days | 1,864 sqft |
2019-12-01 | 0 days | 1,850 sqft |
2020-01-01 | 0 days | 1,869 sqft |
2020-02-01 | 0 days | 1,946 sqft |
2020-03-01 | 0 days | 2,000 sqft |
2020-04-01 | 0 days | 1,892 sqft |
2020-05-01 | 0 days | 1,864 sqft |
2020-06-01 | 0 days | 2,031 sqft |
2020-07-01 | 0 days | 2,016 sqft |
2020-08-01 | 0 days | 2,044 sqft |
2020-09-01 | 0 days | 2,044 sqft |
2020-10-01 | 0 days | 1,978 sqft |
2020-11-01 | 0 days | 1,912 sqft |
2020-12-01 | 0 days | 2,065 sqft |
2021-01-01 | 0 days | 2,017 sqft |
2021-02-01 | 0 days | 2,002 sqft |
2021-03-01 | 0 days | 1,892 sqft |
2021-04-01 | 0 days | 1,929 sqft |
2021-05-01 | 0 days | 1,880 sqft |
2021-06-01 | 0 days | 2,354 sqft |
2021-07-01 | 0 days | 2,066 sqft |
2021-08-01 | 0 days | 1,985 sqft |
2021-09-01 | 0 days | 1,982 sqft |
2021-10-01 | 0 days | 2,066 sqft |
2021-11-01 | 0 days | 2,179 sqft |
2021-12-01 | 0 days | 2,096 sqft |
2022-01-01 | 0 days | 2,076 sqft |
2022-02-01 | 0 days | 2,151 sqft |
2022-03-01 | 0 days | 2,151 sqft |
2022-04-01 | 0 days | 2,244 sqft |
2022-05-01 | 0 days | 2,197 sqft |
Douglas's median square footage for active listings during the 2022-05-01 period was 2,197 sqft. One year prior, the average listing was 1,880 sqft.