HARRISONBURG Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Harrisonburg averaged
5.93%
for the week of 2023-05-25, compared to the national average of
6.57% for the same period.
The average rate for the prior week (2023-05-18) was
5.75% and
one month ago for the week of 2023-04-20, the
average rate was 5.95%.
Harrisonburg's average rate one year ago was 4.81%.
For refis of the same type during the week of 2023-05-25, the average rate
was 5.42%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-05-25 | 6.57% |
| Harrisonburg 30 Year Fixed Rate | 2023-05-25 | 5.93% |
| Harrisonburg 30 Year Fixed Rate Refi | 2023-05-25 | 5.42% |
| Harrisonburg 15 Year Fixed Rate | 2023-05-25 | 5.64% |
| Harrisonburg 15 Year Fixed Rate Refi | 2023-05-25 | 6.17% |
| Harrisonburg 30 Year FHA | 2023-05-25 | 6.24% |
| Harrisonburg 30 Year FHA Refi | 2023-05-25 | 6.71% |
| Harrisonburg 30 Year USDA | 2023-05-25 | 6.53% |
| Harrisonburg 30 Year USDA Refi | 2023-05-25 | 6.83% |
| Harrisonburg 30 Year VA | 2023-05-25 | 6.02% |
| Harrisonburg 30 Year VA Refi | 2023-05-25 | 6.31% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within HARRISONBURG, VA.
HARRISONBURG 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 HARRISONBURG, VA 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.).
HARRISONBURG Average Closing Costs & Other Stats
HARRISONBURG, VA's 156 lenders originated 3,083
loans during 2022. The total origination value was $742,995,000, with an average loan value of
$240,997.
HARRISONBURG's average closing costs are $4,550.
The top HARRISONBURG lender as defined by loan originations is F & M BANK CORP., with
186 loans originated. Their average total fees are
$3,981, which is $1,729
lower than the next largest lender,
Integrity Home Mortgage Corp.
The lowest fee HARRISONBURG lenders (with over 10 loans originated) are
DUPONT COMMUNITY ($2,853), PARK VIEW FEDERAL CREDIT UNION ($3,425), Summit Community Bank, Inc. ($3,528), FIRST BANCORP, INC. ($3,965) and F & M BANK CORP. ($3,981).
The lowest rate HARRISONBURG lenders (with over 10 loans originated) are
DUPONT COMMUNITY (3.84%), GUILD MORTGAGE COMPANY (4.02%), UNITED WHOLESALE MORTGAGE, LLC (4.04%), Truist (4.21%) and LOANDEPOT.COM, LLC (4.23%).
HARRISONBURG, VA 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 |
|---|---|---|---|---|
| F & M BANK CORP. | $101,205,000 | $76,420,000 | -24.5% | 10.3% |
| PARK VIEW FEDERAL CREDIT UNION | $36,435,000 | $53,190,000 | 46.0% | 7.2% |
| DUPONT COMMUNITY | $56,890,000 | $46,920,000 | -17.5% | 6.3% |
| Integrity Home Mortgage Corp | $68,555,000 | $43,260,000 | -36.9% | 5.8% |
| NVR Mortgage Finance, Inc. | $17,980,000 | $35,190,000 | 95.7% | 4.7% |
| GREYSTONE FUNDING COMPANY LLC | $34,245,000 | n/a | 4.6% | |
| Pendleton Community Bank, Inc. | $13,975,000 | $32,295,000 | 131.1% | 4.3% |
| QUICKEN LOANS, LLC | $69,195,000 | $30,295,000 | -56.2% | 4.1% |
| MOVEMENT MORTGAGE, LLC | $43,660,000 | $22,915,000 | -47.5% | 3.1% |
| Truist | $42,170,000 | $19,010,000 | -54.9% | 2.6% |
| Bank of the James | $5,565,000 | $15,850,000 | 184.8% | 2.1% |
| George Mason Mortgage, LLC | $26,130,000 | $13,730,000 | -47.5% | 1.8% |
| Atlantic Union Bank | $13,095,000 | $11,500,000 | -12.2% | 1.5% |
| Wells Fargo Bank | $26,880,000 | $11,370,000 | -57.7% | 1.5% |
| UNITED WHOLESALE MORTGAGE, LLC | $12,510,000 | $9,250,000 | -26.1% | 1.2% |
| Citizens Bank | $11,640,000 | $8,420,000 | -27.7% | 1.1% |
| LOANDEPOT.COM, LLC | $18,015,000 | $8,180,000 | -54.6% | 1.1% |
| Summit Community Bank, Inc. | $40,870,000 | $8,105,000 | -80.2% | 1.1% |
| Mortgage Research Center, LLC | $6,695,000 | $7,970,000 | 19.0% | 1.1% |
| CBM Mortgage, Inc. | $5,730,000 | $7,900,000 | 37.9% | 1.1% |
| C & F Mortgage Corporation | $20,000,000 | $7,635,000 | -61.8% | 1.0% |
| Blue Ridge Bank | $5,015,000 | $7,055,000 | 40.7% | 0.9% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $20,330,000 | $6,910,000 | -66.0% | 0.9% |
| NAVY FEDERAL CREDIT UNION | $6,065,000 | $6,695,000 | 10.4% | 0.9% |
| M&T Realty Capital Corporation | $6,355,000 | n/a | 0.9% | |
| Renasant Bank | $7,050,000 | $6,040,000 | -14.3% | 0.8% |
| Atlantic Coast Mortgage, LLC | $4,865,000 | $5,895,000 | 21.2% | 0.8% |
| TIDEWATER MORTGAGE SERVICES, INC. | $415,000 | $5,685,000 | 1,269.9% | 0.8% |
| Alcova Mortgage LLC | $8,025,000 | $5,280,000 | -34.2% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $11,415,000 | $5,095,000 | -55.4% | 0.7% |
| FIRST BANCORP, INC. | $7,975,000 | $4,515,000 | -43.4% | 0.6% |
| First-Citizens Bank & Trust Company | $5,565,000 | $4,450,000 | -20.0% | 0.6% |
| CROSSCOUNTRY MORTGAGE, LLC | $12,095,000 | $4,425,000 | -63.4% | 0.6% |
| First Bank | $3,025,000 | $4,370,000 | 44.5% | 0.6% |
| U.S. Bank | $4,390,000 | $4,225,000 | -3.8% | 0.6% |
| JPMorgan Chase Bank | $4,920,000 | $4,140,000 | -15.9% | 0.6% |
| UNION HOME MORTGAGE CORP. | $1,175,000 | $4,110,000 | 249.8% | 0.6% |
| HOMESPIRE MORTGAGE CORPORATION | $1,065,000 | $3,900,000 | 266.2% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $8,370,000 | $3,635,000 | -56.6% | 0.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $4,405,000 | $3,625,000 | -17.7% | 0.5% |
| GUILD MORTGAGE COMPANY | $10,410,000 | $3,450,000 | -66.9% | 0.5% |
| NEWREZ LLC | $9,775,000 | $3,390,000 | -65.3% | 0.5% |
| MYCUMORTGAGE, LLC | $5,680,000 | $3,385,000 | -40.4% | 0.5% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $4,030,000 | $3,170,000 | -21.3% | 0.4% |
| PIONEER BANK | $2,995,000 | n/a | 0.4% | |
| BETTER MORTGAGE CORPORATION | $6,215,000 | $2,955,000 | -52.5% | 0.4% |
| First Heritage Mortgage, LLC | $1,410,000 | $2,910,000 | 106.4% | 0.4% |
| AgFirst Farm Credit Bank | $1,215,000 | $2,870,000 | 136.2% | 0.4% |
| FINANCE OF AMERICA MORTGAGE LLC | $880,000 | $2,855,000 | 224.4% | 0.4% |
| Bank of America | $4,040,000 | $2,825,000 | -30.1% | 0.4% |
| USAA Federal Savings Bank | $4,010,000 | $2,825,000 | -29.6% | 0.4% |
| COMMONWEALTH ONE FEDERAL CREDIT UNION | $1,070,000 | $2,635,000 | 146.3% | 0.4% |
| NFM, INC. | $4,470,000 | $2,610,000 | -41.6% | 0.4% |
| Virginia Credit Union, Inc. | $3,060,000 | $2,220,000 | -27.5% | 0.3% |
| MCLEAN MORTGAGE CORPORATION | $635,000 | $2,045,000 | 222.0% | 0.3% |
| CAPITAL CENTER, L.L.C. | $3,560,000 | $2,035,000 | -42.8% | 0.3% |
| PNC Bank | $530,000 | $2,030,000 | 283.0% | 0.3% |
| United Nations Federal Credit Union | $2,005,000 | n/a | 0.3% | |
| Servion, Inc. | $3,145,000 | $1,965,000 | -37.5% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $9,460,000 | $1,935,000 | -79.5% | 0.3% |
| EVERENCE FEDERAL CREDIT UNION | $410,000 | $1,890,000 | 361.0% | 0.3% |
| Flagstar Bank, FSB | $3,615,000 | $1,885,000 | -47.9% | 0.3% |
| Fulton Bank | $1,780,000 | $1,880,000 | 5.6% | 0.3% |
| NATIONS RELIABLE LENDING, LLC | $13,375,000 | $1,870,000 | -86.0% | 0.3% |
| HOME POINT FINANCIAL CORPORATION | $7,510,000 | $1,760,000 | -76.6% | 0.2% |
| Prosperity Home Mortgage, LLC | $2,140,000 | $1,760,000 | -17.8% | 0.2% |
| FREEDOM MORTGAGE CORPORATION | $15,215,000 | $1,710,000 | -88.8% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $3,235,000 | $1,680,000 | -48.1% | 0.2% |
| United Bank | $2,020,000 | $1,615,000 | -20.0% | 0.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,065,000 | $1,480,000 | 39.0% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $290,000 | $1,470,000 | 406.9% | 0.2% |
| Strong Home Mortgage, LLC | $1,035,000 | $1,420,000 | 37.2% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $850,000 | $1,295,000 | 52.4% | 0.2% |
| NBKC BANK | $1,800,000 | $1,285,000 | -28.6% | 0.2% |
| Member Options, LLC | $380,000 | $1,275,000 | 235.5% | 0.2% |
| The Federal Savings Bank | $1,120,000 | $1,255,000 | 12.1% | 0.2% |
| Farm Credit of the Virginias, ACA | $3,640,000 | $1,220,000 | -66.5% | 0.2% |
| Waterstone Mortgage Corporation | $470,000 | $1,220,000 | 159.6% | 0.2% |
| UIF CORPORATION | $495,000 | $1,170,000 | 136.4% | 0.2% |
| Morgan Stanley Private Bank | $1,140,000 | n/a | 0.2% | |
| Century Mortgage Company DBA Century Lending Company | $1,070,000 | $1,120,000 | 4.7% | 0.2% |
| AMERICAN FINANCING CORPORATION | $2,050,000 | $1,035,000 | -49.5% | 0.1% |
| Pinnacle Bank | $1,020,000 | n/a | 0.1% | |
| Mid-Continent Funding, Inc. | $995,000 | n/a | 0.1% | |
| GUARANTEED RATE, INC. | $2,800,000 | $980,000 | -65.0% | 0.1% |
| INTERCOASTAL MORTGAGE COMPANY | $1,105,000 | $975,000 | -11.8% | 0.1% |
| LOANLEADERS OF AMERICA, INC. | $850,000 | $965,000 | 13.5% | 0.1% |
| BROKER SOLUTIONS, INC. | $5,195,000 | $940,000 | -81.9% | 0.1% |
| KeyBank | $935,000 | n/a | 0.1% | |
| Chicago Mortgage Solutions LLC | $1,040,000 | $920,000 | -11.5% | 0.1% |
| SOFI LENDING CORP. | $575,000 | $870,000 | 51.3% | 0.1% |
| Baxter Credit Union | $265,000 | $855,000 | 222.6% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $4,280,000 | $840,000 | -80.4% | 0.1% |
| PHH Mortgage Corporation | $1,005,000 | $825,000 | -17.9% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $125,000 | $825,000 | 560.0% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,000,000 | $785,000 | -60.8% | 0.1% |
| The Huntington National Bank | $135,000 | $780,000 | 477.8% | 0.1% |
| NORTHROP GRUMMAN Federal Credit Union | $770,000 | n/a | 0.1% | |
| PARTNERS 1ST Federal Credit Union | $1,765,000 | $770,000 | -56.4% | 0.1% |
| WesBanco Bank, Inc. | $770,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $965,000 | $725,000 | -24.9% | 0.1% |
| Dollar Bank, Federal Savings Bank | $725,000 | n/a | 0.1% | |
| Towne Bank | $605,000 | $710,000 | 17.4% | 0.1% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $4,775,000 | $705,000 | -85.2% | 0.1% |
| MORTGAGE ACCESS CORP. | $700,000 | n/a | 0.1% | |
| MERCK EMPLOYEES FEDERAL CREDIT UNION | $1,755,000 | $675,000 | -61.5% | 0.1% |
| PLANET HOME LENDING, LLC | $1,025,000 | $655,000 | -36.1% | 0.1% |
| Toyota Financial Savings Bank | $645,000 | n/a | 0.1% | |
| JAMS-01, INC. | $205,000 | $635,000 | 209.8% | 0.1% |
| Acre Mortgage and Financial Inc | $630,000 | n/a | 0.1% | |
| FIRST HOME MORTGAGE CORPORATION | $965,000 | $630,000 | -34.7% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $430,000 | $615,000 | 43.0% | 0.1% |
| CMG MORTGAGE, INC. | $610,000 | n/a | 0.1% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $785,000 | $610,000 | -22.3% | 0.1% |
| GUIDANCE RESIDENTIAL, LLC | $510,000 | $605,000 | 18.6% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $1,200,000 | $590,000 | -50.8% | 0.1% |
| FIRST SAVINGS MORTGAGE CORPORATION | $2,005,000 | $580,000 | -71.1% | 0.1% |
| Virginia National Bank | $580,000 | n/a | 0.1% | |
| First Internet Bank of Indiana | $550,000 | n/a | 0.1% | |
| Vellum Mortgage, Inc. | $965,000 | $550,000 | -43.0% | 0.1% |
| City National Bank of West Virginia | $90,000 | $510,000 | 466.7% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $4,555,000 | $485,000 | -89.4% | 0.1% |
| NP, Inc. | $195,000 | $480,000 | 146.2% | 0.1% |
| ZILLOW HOME LOANS, LLC | $480,000 | n/a | 0.1% | |
| Meridian Bank Corporation | $475,000 | n/a | 0.1% | |
| The Freedom Bank of Virginia | $480,000 | $465,000 | -3.1% | 0.1% |
| Bank of England | $225,000 | $450,000 | 100.0% | 0.1% |
| Northpointe Bank | $350,000 | $440,000 | 25.7% | 0.1% |
| SUCCESS MORTGAGE PARTNERS, INC. | $435,000 | n/a | 0.1% | |
| Kwik Mortgage Corporation | $395,000 | $425,000 | 7.6% | 0.1% |
| Northwest Federal Credit Union | $390,000 | $425,000 | 9.0% | 0.1% |
| TJC Mortgage, Inc. | $255,000 | $415,000 | 62.7% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $5,045,000 | $410,000 | -91.9% | 0.1% |
| STATE EMPLOYEES' | $410,000 | n/a | 0.1% | |
| Congressional Bank | $405,000 | n/a | 0.1% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $615,000 | $405,000 | -34.1% | 0.1% |
| Equity Prime Mortgage LLC | $335,000 | $395,000 | 17.9% | 0.1% |
| EMBRACE HOME LOANS, INC. | $2,110,000 | $390,000 | -81.5% | 0.1% |
| EVERETT FINANCIAL, INC. | $245,000 | $390,000 | 59.2% | 0.1% |
| LANGLEY | $640,000 | $385,000 | -39.8% | 0.1% |
| FRANKLIN MINT | $375,000 | n/a | 0.1% | |
| First Reliance Bank | $1,385,000 | $370,000 | -73.3% | 0.0% |
| M&T Bank | $180,000 | $370,000 | 105.6% | 0.0% |
| GENISYS | $365,000 | n/a | 0.0% | |
| Tidewater Home Funding, LLC | $195,000 | $365,000 | 87.2% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $360,000 | n/a | 0.0% | |
| First State Bank of St. Charles, Missouri | $355,000 | n/a | 0.0% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $795,000 | $355,000 | -55.3% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $1,275,000 | $335,000 | -73.7% | 0.0% |
| GSF Mortgage Corporation | $335,000 | n/a | 0.0% | |
| TOWER | $435,000 | $335,000 | -23.0% | 0.0% |
| FirstBank | $255,000 | $325,000 | 27.5% | 0.0% |
| The Central Trust Bank | $325,000 | n/a | 0.0% | |
| The Old Point National Bank of Phoebus | $325,000 | n/a | 0.0% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $265,000 | $320,000 | 20.8% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $185,000 | $315,000 | 70.3% | 0.0% |
| American Security Mortgage Corp. | $185,000 | $315,000 | 70.3% | 0.0% |
| RBC Bank, (Georgia) | $315,000 | n/a | 0.0% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $305,000 | n/a | 0.0% | |
| Loan Simple, Inc. | $305,000 | n/a | 0.0% | |
| LOANPAL, LLC | $1,135,000 | $300,000 | -73.6% | 0.0% |
| ARC HOME LLC | $295,000 | n/a | 0.0% | |
| Jefferson Security Bank | $295,000 | n/a | 0.0% | |
| SWBC MORTGAGE CORPORATION | $1,095,000 | $295,000 | -73.1% | 0.0% |
| ValleyStar Credit Union | $295,000 | n/a | 0.0% | |
| CALIBER HOME LOANS, INC. | $5,270,000 | $290,000 | -94.5% | 0.0% |
| ACADEMY MORTGAGE CORPORATION | $270,000 | $285,000 | 5.6% | 0.0% |
| RESIDENTIAL BANCORP. | $705,000 | $285,000 | -59.6% | 0.0% |
| SIRVA MORTGAGE, INC. | $285,000 | n/a | 0.0% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $450,000 | $275,000 | -38.9% | 0.0% |
| Hometown Lenders, Inc. | $835,000 | $275,000 | -67.1% | 0.0% |
| North American Savings Bank, F.S.B. | $2,375,000 | $275,000 | -88.4% | 0.0% |
| STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED | $145,000 | $275,000 | 89.7% | 0.0% |
| REVERSE MORTGAGE FUNDING LLC | $270,000 | n/a | 0.0% | |
| CLEARPATH LENDING | $845,000 | $245,000 | -71.0% | 0.0% |
| Evolve Bank & Trust | $245,000 | n/a | 0.0% | |
| Paramount Bank | $245,000 | n/a | 0.0% | |
| RANLIFE, INC. | $275,000 | $245,000 | -10.9% | 0.0% |
| Fifth Third Bank | $385,000 | $235,000 | -39.0% | 0.0% |
| Ixonia Bank | $235,000 | n/a | 0.0% | |
| AMERICAN ADVISORS GROUP | $580,000 | $230,000 | -60.3% | 0.0% |
| 1ST PREFERENCE MORTGAGE CORP. | $225,000 | n/a | 0.0% | |
| Discover Bank | $155,000 | $225,000 | 45.2% | 0.0% |
| DRAPER AND KRAMER MORTGAGE CORP. | $940,000 | $225,000 | -76.1% | 0.0% |
| HOMESTEAD FUNDING CORP. | $225,000 | n/a | 0.0% | |
| MLD MORTGAGE INC. | $215,000 | n/a | 0.0% | |
| RADIUS FINANCIAL GROUP INC. | $215,000 | n/a | 0.0% | |
| Third Federal Savings and Loan Association of Cleveland | $215,000 | n/a | 0.0% | |
| Plains Commerce Bank | $1,660,000 | $210,000 | -87.3% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $205,000 | n/a | 0.0% | |
| THE MORTGAGE LINK, INC. | $125,000 | $195,000 | 56.0% | 0.0% |
| VILLAGE CAPITAL MORTGAGE | $115,000 | $195,000 | 69.6% | 0.0% |
| Washington Financial Bank | $195,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $225,000 | $185,000 | -17.8% | 0.0% |
| FIRST HERITAGE FINANCIAL, LLC | $185,000 | n/a | 0.0% | |
| THE MORTGAGE FIRM, INC. | $185,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $185,000 | n/a | 0.0% | |
| Ameris Bank | $180,000 | $175,000 | -2.8% | 0.0% |
| 21ST MORTGAGE CORPORATION | $155,000 | n/a | 0.0% | |
| Apple Federal Credit Union | $360,000 | $155,000 | -56.9% | 0.0% |
| HENRICO Federal Credit Union | $155,000 | n/a | 0.0% | |
| OVM FINANCIAL, INC. | $275,000 | $155,000 | -43.6% | 0.0% |
| TOGETHER CREDIT UNION | $155,000 | n/a | 0.0% | |
| LENDINGHOME FUNDING CORPORATION | $145,000 | n/a | 0.0% | |
| Bank of Clarke County | $135,000 | n/a | 0.0% | |
| MID-ISLAND MORTGAGE CORP. | $135,000 | n/a | 0.0% | |
| CONTOUR MORTGAGE CORPORATION | $355,000 | $125,000 | -64.8% | 0.0% |
| 1ST ADVANTAGE FEDERAL CREDIT UNION | $120,000 | n/a | 0.0% | |
| Amerifirst Financial, Inc. | $115,000 | n/a | 0.0% | |
| APEX HOME LOANS, INC. | $115,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $115,000 | n/a | 0.0% | |
| Fidelity Bank | $115,000 | n/a | 0.0% | |
| MEMBER ADVANTAGE MORTGAGE, LLC | $1,705,000 | $115,000 | -93.3% | 0.0% |
| UNIVERSITY OF VIRGINIA COMMUNITY CREDIT UNION,INC. | $300,000 | $115,000 | -61.7% | 0.0% |
| IMPAC MORTGAGE CORP. | $105,000 | n/a | 0.0% | |
| Princeton Federal Credit Union | $105,000 | n/a | 0.0% | |
| DEPARTMENT OF COMMERCE | $435,000 | $95,000 | -78.2% | 0.0% |
| Figure Lending LLC | $50,000 | $95,000 | 90.0% | 0.0% |
| TOWNE MORTGAGE COMPANY | $780,000 | $95,000 | -87.8% | 0.0% |
| SPRING EQ, LLC | $310,000 | $90,000 | -71.0% | 0.0% |
| Charles Schwab Bank, SSB | $75,000 | n/a | 0.0% | |
| Park Lane Finance Solutions, LLC | $55,000 | n/a | 0.0% | |
| Truliant Federal Credit Union | $45,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $25,000 | n/a | 0.0% |
HARRISONBURG's top lender by overall market share is F & M BANK CORP., with 10.3% market share. In second place, with 7.2%, is PARK VIEW FEDERAL CREDIT UNION, having originated $53,190,000 in loans. In third place, with 6.3%, is DUPONT COMMUNITY, having originated $46,920,000 in loans. In fourth place, with 5.8%, is Integrity Home Mortgage Corp, having originated $43,260,000 in loans. In fifth place, with 4.7%, is NVR Mortgage Finance, Inc., having originated $35,190,000 in loans.
HARRISONBURG Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - HARRISONBURG (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 | $246,300 (10.8%) | $367,059 (24.4%) | 0.00 | 318 |
| 2018-02-01 | $249,650 (8.1%) | $379,654 (21.1%) | 0.00 | 313 |
| 2018-03-01 | $258,786 (8.0%) | $374,763 (11.7%) | 0.00 | 332 |
| 2018-04-01 | $268,528 (3.3%) | $373,098 (7.2%) | 0.00 | 358 |
| 2018-05-01 | $265,000 (-1.8%) | $367,611 (5.1%) | 0.00 | 377 |
| 2018-06-01 | $263,000 (-4.3%) | $371,162 (4.3%) | 0.00 | 386 |
| 2018-07-01 | $257,325 (-6.4%) | $348,753 (-2.0%) | 0.00 | 376 |
| 2018-08-01 | $262,750 (5.1%) | $349,041 (1.2%) | 0.00 | 386 |
| 2018-09-01 | $259,900 (4.0%) | $340,025 (-1.7%) | 0.00 | 369 |
| 2018-10-01 | $259,800 (5.5%) | $344,604 (1.0%) | 0.00 | 363 |
| 2018-11-01 | $262,400 (6.9%) | $355,133 (2.7%) | 0.00 | 352 |
| 2018-12-01 | $260,000 (8.6%) | $360,531 (0.8%) | 0.00 | 324 |
| 2019-01-01 | $259,575 (5.4%) | $364,788 (-0.6%) | 0.00 | 303 |
| 2019-02-01 | $251,975 (0.9%) | $356,539 (-6.1%) | 0.00 | 299 |
| 2019-03-01 | $254,900 (-1.5%) | $364,930 (-2.6%) | 0.00 | 280 |
| 2019-04-01 | $279,900 (4.2%) | $370,117 (-0.8%) | 0.00 | 286 |
| 2019-05-01 | $286,000 (7.9%) | $378,317 (2.9%) | 0.00 | 291 |
| 2019-06-01 | $299,825 (14.0%) | $457,646 (23.3%) | 0.00 | 306 |
| 2019-07-01 | $299,900 (16.6%) | $459,508 (31.8%) | 0.00 | 308 |
| 2019-08-01 | $324,950 (23.7%) | $482,834 (38.3%) | 0.00 | 299 |
| 2019-09-01 | $332,450 (27.9%) | $509,767 (49.9%) | 0.00 | 281 |
| 2019-10-01 | $291,750 (12.3%) | $420,431 (22.0%) | 0.00 | 299 |
| 2019-11-01 | $288,250 (9.9%) | $365,847 (3.0%) | 0.00 | 270 |
| 2019-12-01 | $285,225 (9.7%) | $366,814 (1.7%) | 0.00 | 222 |
| 2020-01-01 | $289,675 (11.6%) | $372,556 (2.1%) | 0.00 | 197 |
| 2020-02-01 | $294,500 (16.9%) | $379,569 (6.5%) | 0.00 | 196 |
| 2020-03-01 | $307,423 (20.6%) | $397,633 (9.0%) | 0.00 | 202 |
| 2020-04-01 | $296,893 (6.1%) | $384,622 (3.9%) | 0.00 | 229 |
| 2020-05-01 | $299,900 (4.9%) | $379,075 (0.2%) | 0.00 | 232 |
| 2020-06-01 | $307,400 (2.5%) | $387,353 (-15.4%) | 0.00 | 228 |
| 2020-07-01 | $316,000 (5.4%) | $401,696 (-12.6%) | 0.00 | 219 |
| 2020-08-01 | $317,500 (-2.3%) | $413,992 (-14.3%) | 0.00 | 197 |
| 2020-09-01 | $320,975 (-3.5%) | $429,634 (-15.7%) | 0.00 | 160 |
| 2020-10-01 | $307,450 (5.4%) | $429,734 (2.2%) | 0.00 | 173 |
| 2020-11-01 | $298,500 (3.6%) | $425,869 (16.4%) | 0.00 | 171 |
| 2020-12-01 | $299,495 (5.0%) | $408,716 (11.4%) | 0.00 | 149 |
| 2021-01-01 | $305,000 (5.3%) | $420,021 (12.7%) | 0.00 | 127 |
| 2021-02-01 | $300,498 (2.0%) | $441,419 (16.3%) | 0.00 | 115 |
| 2021-03-01 | $289,250 (-5.9%) | $445,483 (12.0%) | 0.00 | 121 |
| 2021-04-01 | $299,558 (0.9%) | $453,737 (18.0%) | 0.00 | 121 |
| 2021-05-01 | $299,000 (-0.3%) | $458,969 (21.1%) | 0.00 | 115 |
| 2021-06-01 | $310,275 (0.9%) | $472,349 (21.9%) | 0.00 | 109 |
| 2021-07-01 | $310,400 (-1.8%) | $467,010 (16.3%) | 0.00 | 146 |
| 2021-08-01 | $305,175 (-3.9%) | $444,066 (7.3%) | 0.00 | 141 |
| 2021-09-01 | $303,173 (-5.6%) | $431,942 (0.5%) | 0.00 | 151 |
| 2021-10-01 | $314,950 (2.4%) | $454,599 (5.8%) | 0.00 | 137 |
| 2021-11-01 | $331,748 (11.1%) | $478,252 (12.3%) | 0.00 | 114 |
| 2021-12-01 | $328,000 (9.5%) | $467,558 (14.4%) | 0.00 | 101 |
| 2022-01-01 | $345,000 (13.1%) | $451,078 (7.4%) | 0.00 | 109 |
| 2022-02-01 | $346,500 (15.3%) | $457,987 (3.8%) | 0.00 | 107 |
| 2022-03-01 | $346,500 (19.8%) | $431,325 (-3.2%) | 0.00 | 124 |
| 2022-04-01 | $349,000 (16.5%) | $434,398 (-4.3%) | 0.00 | 140 |
| 2022-05-01 | $328,743 (10.0%) | $410,885 (-10.5%) | 0.00 | 139 |
| 2022-06-01 | $346,248 (11.6%) | $409,271 (-13.4%) | 0.00 | 161 |
| 2022-07-01 | $339,900 (9.5%) | $402,076 (-13.9%) | 0.00 | 168 |
| 2022-08-01 | $343,975 (12.7%) | $421,129 (-5.2%) | 0.00 | 173 |
| 2022-09-01 | $347,750 (14.7%) | $443,518 (2.7%) | 0.00 | 148 |
| 2022-10-01 | $332,000 (5.4%) | $445,297 (-2.1%) | 0.00 | 151 |
| 2022-11-01 | $347,750 (4.8%) | $435,887 (-8.9%) | 0.00 | 145 |
| 2022-12-01 | $336,995 (2.7%) | $437,002 (-6.5%) | 0.00 | 135 |
| 2023-01-01 | $347,948 (0.9%) | $438,935 (-2.7%) | 0.00 | 129 |
| 2023-02-01 | $349,900 (1.0%) | $433,207 (-5.4%) | 0.00 | 116 |
| 2023-03-01 | $348,950 (0.7%) | $433,627 (0.5%) | 0.00 | 118 |
| 2023-04-01 | $362,495 (3.9%) | $450,295 (3.7%) | 0.00 | 125 |
HARRISONBURG's median listing price for 2023-04-01 was $362,495, a difference of
$13,495
(3.9%) versus the prior year and
$13,545 versus the prior month.
HARRISONBURG's median listing price comes in at 0% of the national average.
HARRISONBURG's average listing price for 2023-04-01 was $450,295, a difference of $15,897 (3.7%) versus the prior year and $16,668 versus the prior month.
For the 2023-04-01 period, HARRISONBURG had 125 MLS listings, a difference of 7 listings (6%) versus the prior month and -15 listings (-11%) versus the prior year.
HARRISONBURG's median listing price comes in at 0% of the national average.
HARRISONBURG's average listing price for 2023-04-01 was $450,295, a difference of $15,897 (3.7%) versus the prior year and $16,668 versus the prior month.
For the 2023-04-01 period, HARRISONBURG had 125 MLS listings, a difference of 7 listings (6%) versus the prior month and -15 listings (-11%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - HARRISONBURG (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,921 sqft |
| 2018-02-01 | 0 days | 1,983 sqft |
| 2018-03-01 | 0 days | 2,000 sqft |
| 2018-04-01 | 0 days | 2,017 sqft |
| 2018-05-01 | 0 days | 1,997 sqft |
| 2018-06-01 | 0 days | 1,986 sqft |
| 2018-07-01 | 0 days | 1,979 sqft |
| 2018-08-01 | 0 days | 1,989 sqft |
| 2018-09-01 | 0 days | 2,009 sqft |
| 2018-10-01 | 0 days | 1,947 sqft |
| 2018-11-01 | 0 days | 2,029 sqft |
| 2018-12-01 | 0 days | 2,028 sqft |
| 2019-01-01 | 0 days | 2,018 sqft |
| 2019-02-01 | 0 days | 1,895 sqft |
| 2019-03-01 | 0 days | 1,904 sqft |
| 2019-04-01 | 0 days | 2,099 sqft |
| 2019-05-01 | 0 days | 2,147 sqft |
| 2019-06-01 | 0 days | 2,203 sqft |
| 2019-07-01 | 0 days | 2,191 sqft |
| 2019-08-01 | 0 days | 2,268 sqft |
| 2019-09-01 | 0 days | 2,285 sqft |
| 2019-10-01 | 0 days | 2,113 sqft |
| 2019-11-01 | 0 days | 2,100 sqft |
| 2019-12-01 | 0 days | 2,101 sqft |
| 2020-01-01 | 0 days | 2,070 sqft |
| 2020-02-01 | 0 days | 2,099 sqft |
| 2020-03-01 | 0 days | 2,154 sqft |
| 2020-04-01 | 0 days | 2,080 sqft |
| 2020-05-01 | 0 days | 2,099 sqft |
| 2020-06-01 | 0 days | 2,106 sqft |
| 2020-07-01 | 0 days | 2,080 sqft |
| 2020-08-01 | 0 days | 2,094 sqft |
| 2020-09-01 | 0 days | 2,067 sqft |
| 2020-10-01 | 0 days | 1,896 sqft |
| 2020-11-01 | 0 days | 1,859 sqft |
| 2020-12-01 | 0 days | 1,772 sqft |
| 2021-01-01 | 0 days | 1,798 sqft |
| 2021-02-01 | 0 days | 1,780 sqft |
| 2021-03-01 | 0 days | 1,770 sqft |
| 2021-04-01 | 0 days | 1,779 sqft |
| 2021-05-01 | 0 days | 1,836 sqft |
| 2021-06-01 | 0 days | 1,841 sqft |
| 2021-07-01 | 0 days | 1,841 sqft |
| 2021-08-01 | 0 days | 1,834 sqft |
| 2021-09-01 | 0 days | 1,816 sqft |
| 2021-10-01 | 0 days | 1,738 sqft |
| 2021-11-01 | 0 days | 1,836 sqft |
| 2021-12-01 | 0 days | 1,771 sqft |
| 2022-01-01 | 0 days | 1,841 sqft |
| 2022-02-01 | 0 days | 1,854 sqft |
| 2022-03-01 | 0 days | 1,854 sqft |
| 2022-04-01 | 0 days | 1,863 sqft |
| 2022-05-01 | 0 days | 1,680 sqft |
| 2022-06-01 | 0 days | 1,797 sqft |
| 2022-07-01 | 0 days | 1,797 sqft |
| 2022-08-01 | 0 days | 1,871 sqft |
| 2022-09-01 | 0 days | 1,893 sqft |
| 2022-10-01 | 0 days | 1,908 sqft |
| 2022-11-01 | 0 days | 1,900 sqft |
| 2022-12-01 | 0 days | 1,848 sqft |
| 2023-01-01 | 0 days | 1,869 sqft |
| 2023-02-01 | 0 days | 1,866 sqft |
| 2023-03-01 | 0 days | 1,806 sqft |
| 2023-04-01 | 0 days | 1,860 sqft |
HARRISONBURG's median listing age (time on market) for 2023-04-01 was 0 days.
HARRISONBURG's median square footage for active listings during the 2023-04-01 period was 1,860 sqft. One year prior, the average listing was 1,863 sqft.
HARRISONBURG's median square footage for active listings during the 2023-04-01 period was 1,860 sqft. One year prior, the average listing was 1,863 sqft.
HARRISONBURG, VA Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 22801 | Harrisonburg, VA | $790 | $800 | $1,050 | $1,380 | $1,800 |
| 22802 | Harrisonburg, VA | $690 | $700 | $920 | $1,210 | $1,570 |
| 22803 | Harrisonburg, VA | $720 | $730 | $960 | $1,260 | $1,640 |
| 22807 | Harrisonburg, VA | $790 | $800 | $1,050 | $1,380 | $1,800 |
| 22811 | Harrisonburg, VA | $710 | $710 | $940 | $1,230 | $1,610 |
| 22812 | Harrisonburg, VA | $700 | $700 | $920 | $1,210 | $1,570 |
| 22815 | Harrisonburg, VA | $630 | $640 | $840 | $1,090 | $1,450 |
| 22820 | Harrisonburg, VA | $710 | $710 | $940 | $1,230 | $1,610 |
| 22821 | Harrisonburg, VA | $630 | $640 | $840 | $1,090 | $1,450 |
| 22827 | Harrisonburg, VA | $660 | $670 | $880 | $1,150 | $1,510 |
| 22830 | Harrisonburg, VA | $700 | $710 | $930 | $1,220 | $1,590 |
| 22831 | Harrisonburg, VA | $630 | $640 | $840 | $1,090 | $1,450 |
| 22832 | Harrisonburg, VA | $1,040 | $1,050 | $1,380 | $1,810 | $2,360 |
| 22833 | Harrisonburg, VA | $710 | $710 | $940 | $1,230 | $1,610 |
| 22834 | Harrisonburg, VA | $710 | $710 | $940 | $1,230 | $1,600 |
| 22840 | Harrisonburg, VA | $1,000 | $1,010 | $1,330 | $1,740 | $2,280 |
| 22841 | Harrisonburg, VA | $740 | $750 | $980 | $1,280 | $1,670 |
| 22844 | Harrisonburg, VA | $630 | $640 | $840 | $1,090 | $1,450 |
| 22846 | Harrisonburg, VA | $920 | $930 | $1,220 | $1,600 | $2,090 |
| 22848 | Harrisonburg, VA | $710 | $710 | $940 | $1,230 | $1,610 |
| 22849 | Harrisonburg, VA | $670 | $680 | $890 | $1,170 | $1,520 |
| 22850 | Harrisonburg, VA | $900 | $900 | $1,190 | $1,560 | $2,040 |
| 22853 | Harrisonburg, VA | $650 | $650 | $860 | $1,130 | $1,470 |
| 24441 | Harrisonburg, VA | $700 | $700 | $900 | $1,210 | $1,530 |
| 24471 | Harrisonburg, VA | $630 | $640 | $840 | $1,090 | $1,450 |
| 24486 | Harrisonburg, VA | $880 | $890 | $1,110 | $1,520 | $1,860 |
2022 Average & Median Rent Data Statistics
HARRISONBURG, VA average 1BR rent: $747, median: $710
HARRISONBURG, VA average 2BR rent: $980, median: $940
HARRISONBURG, VA average 3BR rent: $1,286, median: $1,230
HARRISONBURG, VA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,605 | $452,255,000 | $281,779 |
| Cash Out Refi | 448 | $89,840,000 | $200,536 |
| Refi | 415 | $141,485,000 | $340,928 |
| Other | 398 | $42,350,000 | $106,407 |
| Home Improvement | 216 | $16,810,000 | $77,824 |
| NA | 1 | $255,000 | $255,000 |
Harrisonburg's most frequently cited loan purpose was Home Purchase, with 1,605 originations. The 2nd most popular reason was Cash Out Refi, with 448 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 844 | $217,900,000 | $258,175 |
| 4-5% | 774 | $176,230,000 | $227,687 |
| 5-6% | 649 | $153,535,000 | $236,572 |
| 6-7% | 257 | $52,985,000 | $206,167 |
| 2.5-3% | 135 | $35,615,000 | $263,815 |
| 7-8% | 87 | $16,445,000 | $189,023 |
| <2.5% | 66 | $13,130,000 | $198,939 |
| Over 8% | 44 | $3,750,000 | $85,227 |
During 2022, Harrisonburg's most frequently originated rate bucket was 3-4%, with 844 originations.
Loan Sizing (HARRISONBURG, VA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,307 | $362,395,000 | $277,272 |
| $100k-200k | 857 | $129,575,000 | $151,196 |
| $100,000 or less | 626 | $34,940,000 | $55,815 |
| $400k-600k | 211 | $100,485,000 | $476,232 |
| $600k-1000k | 64 | $45,200,000 | $706,250 |
| $Over $1MM | 18 | $70,400,000 | $3,911,111 |
HARRISONBURG's loan sizing saw the bucket of loans from $200k-400k with 1,307 originations, totaling $362,395,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,095 | $319,455,000 | $291,740 |
| 60-80% | 745 | $222,755,000 | $299,000 |
| 20-40% | 365 | $42,455,000 | $116,315 |
| 40-60% | 336 | $63,870,000 | $190,089 |
| Under 20% | 320 | $17,680,000 | $55,250 |
| Over 100% | 23 | $8,015,000 | $348,478 |
HARRISONBURG's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,095 originations, totaling $319,455,000 in origination value.