Douglas Mortgage Rates

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

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%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Douglas, GA.

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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
Renasant Bank 79 3.23% $3,288
QUICKEN LOANS, LLC 41 2.99% $5,266
UNITED WHOLESALE MORTGAGE, LLC 12 3.12% $3,290
Wells Fargo Bank 9 3.22% $3,224
Ameris Bank 8 3.06% $3,491
AMERISAVE MORTGAGE CORPORATION 7 2.93% $3,842
SOUTHPOINT FINANCIAL SERVICES, INC. 5 3.15% $4,109
AgFirst Farm Credit Bank 4 3.03% $6,395
Truist Bank 3 3.20% $4,153
AmeriHome Mortgage Company, LLC 3 3.50% $2,717
MORTGAGE INVESTORS GROUP, INC. 2 2.81% $1,510
Discover Bank 2 4.37% $0
LOANDEPOT.COM, LLC 2 3.06% $7,012
GEORGIA UNITED 1 2.88% $4,214
HOME POINT FINANCIAL CORPORATION 1 3.13% $1,539
HOMESIDE FINANCIAL, LLC 1 3.13% $3,052
HOMESTAR FINANCIAL CORPORATION 1 3.25% $5,560
ZILLOW HOME LOANS, LLC 1 3.13% $3,910
MEGASTAR FINANCIAL CORP. 1 2.88% $3,270
First Heritage Mortgage, LLC 1 3.63% $3,182
Nations Lending Corporation 1 2.75% $6,949
NAVY FEDERAL CREDIT UNION 1 4.13% $7,399
NORWICH COMMERCIAL GROUP, INC. 1 3.50% $3,610
PENNYMAC LOAN SERVICES, LLC 1 2.88% $4,009
PLANET HOME LENDING, LLC 1 2.88% $5,640
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 2.88% $3,678
Prosperity Home Mortgage, LLC 1 3.25% $3,376
PROVIDENT FUNDING ASSOCIATES, L.P. 1 2.75% $3,663
Fifth Third Bank 1 3.50% $4,447
Colony Bank 1 4.63% $3,678
RUOFF MORTGAGE COMPANY, INC. 1 2.75% $2,919
Colonial Savings, F.A. 1 3.50% $5,156
STEARNS LENDING, LLC 1 3.38% $2,763
Synovus Bank 1 2.88% $3,750
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 3.25% $3,437
BANKSOUTH MORTGAGE COMPANY, LLC 1 2.88% $4,566
Bank of America 1 3.13% $2,951
First Reliance Bank 1 3.25% $2,782

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. Louis
Date 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 for 2022-05-01 was $254,950, a difference of $75,050 (41.7%) versus the prior year and $-14,950 versus the prior month.

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. Louis
Date 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 listing age (time on market) for 2022-05-01 was 0 days.

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.