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 5.81% for the week of 2024-10-03, compared to the national average of 6.12% for the same period.

The average rate for the prior week (2024-09-26) was 6.17% and one month ago for the week of 2024-08-29, the average rate was 6.44%.

Harrisonburg's average rate one year ago was 7%.

For refis of the same type during the week of 2024-10-03, the average rate was 6.3%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-03 6.12%
Harrisonburg 30 Year Fixed Rate 2024-10-03 5.81%
Harrisonburg 30 Year Fixed Rate Refi 2024-10-03 6.3%
Harrisonburg 15 Year Fixed Rate 2024-10-03 5.05%
Harrisonburg 15 Year Fixed Rate Refi 2024-10-03 5.85%
Harrisonburg 30 Year FHA 2024-10-03 5.53%
Harrisonburg 30 Year FHA Refi 2024-10-03 5.69%
Harrisonburg 30 Year USDA 2024-10-03 6.07%
Harrisonburg 30 Year USDA Refi 2024-10-03 6.07%
Harrisonburg 30 Year VA 2024-10-03 5.51%
Harrisonburg 30 Year VA Refi 2024-10-03 5.5%
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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
F & M BANK CORP. 105 6.58% $4,188
NVR Mortgage Finance, Inc. 56 6.23% $7,316
Integrity Home Mortgage Corp 52 6.69% $7,410
QUICKEN LOANS, LLC 45 6.81% $6,446
DUPONT COMMUNITY 35 5.95% $2,948
MOVEMENT MORTGAGE, LLC 25 6.71% $5,956
Alcova Mortgage LLC 25 6.96% $5,880
George Mason Mortgage, LLC 24 6.66% $4,543
Truist 20 6.71% $5,856
CBM Mortgage, Inc. 16 6.76% $5,349
UNITED WHOLESALE MORTGAGE, LLC 16 6.82% $6,440
PARK VIEW FEDERAL CREDIT UNION 15 4.37% $3,161
COMMONWEALTH ONE FEDERAL CREDIT UNION 15 5.88% $4,267
Wells Fargo Bank 12 6.45% $5,653
Citizens Bank 10 6.55% $6,488
First Heritage Mortgage, LLC 9 6.54% $6,361
NAVY FEDERAL CREDIT UNION 9 6.49% $3,923
C & F Mortgage Corporation 8 7.02% $5,153
Atlantic Coast Mortgage, LLC 8 6.47% $6,540
Waterstone Mortgage Corporation 7 7.13% $7,833
Summit Community Bank, Inc. 7 6.71% $3,457
U.S. Bank 6 6.79% $5,563
CROSSCOUNTRY MORTGAGE, LLC 6 6.92% $7,164
DHI MORTGAGE COMPANY, LTD. 6 5.98% $5,431
Member Options, LLC 6 6.24% $4,335
Blue Ridge Bank 5 6.65% $4,696
FIRST BANCORP 5 7.50% $4,680
Atlantic Union Bank 5 6.55% $5,434
Bank of America 4 6.75% $4,482
Fulton Bank 4 6.22% $5,603
NFM, INC. 4 7.03% $5,554
USAA Federal Savings Bank 4 7.22% $7,644
Mr. Cooper ( Nationstar Mortgage ) 4 6.87% $8,696
LOANDEPOT.COM, LLC 4 7.15% $6,331
City National Bank of West Virginia 4 6.40% $2,117
UNION HOME MORTGAGE CORP. 4 6.47% $10,735
Century Mortgage Company DBA Century Lending Company 4 6.44% $7,111
GUILD MORTGAGE COMPANY 3 5.92% $3,525
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 7.79% $4,383
VANDERBILT MORTGAGE AND FINANCE, INC. 3 7.29% $4,561
PROVIDENT FUNDING ASSOCIATES, L.P. 3 6.79% $3,444
First-Citizens Bank & Trust Company 3 6.04% $7,063
Prosperity Home Mortgage, LLC 3 7.79% $4,282
MEMBER ADVANTAGE MORTGAGE, LLC 3 6.67% $4,127
AMERISAVE MORTGAGE CORPORATION 3 6.63% $10,411
TD Bank 3 5.92% $5,120
Renasant Bank 3 7.38% $4,302
CREDIT UNION MORTGAGE ASSOCIATION, INC. 3 5.75% $4,018
Farm Credit of the Virginias, ACA 3 8.80% $2,831
GUARANTEED RATE, INC. 3 6.70% $4,418
NEWREZ LLC 3 6.25% $6,403
The Federal Savings Bank 2 7.06% $5,479
Towne Bank 2 6.06% $5,386
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 7.00% $11,204
Vellum Mortgage, Inc. 2 6.93% $3,117
SOUTHERN TRUST MORTGAGE, LLC 2 7.00% $10,030
GSF Mortgage Corporation 2 6.00% $8,994
EVERENCE FEDERAL CREDIT UNION 2 9.13% $2,992
CAPITAL CENTER, L.L.C. 2 6.94% $1,378
HOMESPIRE MORTGAGE CORPORATION 2 7.31% $5,599
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 7.18% $4,252
JPMorgan Chase Bank 2 6.31% $2,744
EMBRACE HOME LOANS, INC. 2 6.19% $12,442
PNC Bank 2 6.50% $4,745
PENNYMAC LOAN SERVICES, LLC 2 7.69% $13,922
MUTUAL OF OMAHA MORTGAGE, INC. 2 6.75% $6,839
Paramount Residential Mortgage Group, Inc. 2 7.37% $12,450
NBKC BANK 2 6.38% $2,451
Northpointe Bank 2 6.56% $11,512
TIDEWATER MORTGAGE SERVICES, INC. 2 7.06% $5,221
Wyndham Capital Mortgage, Inc. 1 6.38% $3,658
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 10.25% $11,319
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.38% $9,990
BETTER MORTGAGE CORPORATION 1 6.00% $2,542
BMO Harris Bank 1 6.63% $4,417
BROKER SOLUTIONS, INC. 1 6.00% $6,355
CARDINAL FINANCIAL 1 7.25% $9,442
CHURCHILL MORTGAGE CORPORATION 1 6.75% $7,339
CMG MORTGAGE, INC. 1 6.63% $3,926
Directions Credit Union, Inc. 1 7.53% $2,835
Discover Bank 1 6.99% $0
EVERETT FINANCIAL, INC. 1 6.88% $2,260
FIRST SAVINGS MORTGAGE CORPORATION 1 6.38% $7,567
FREEDOM MORTGAGE CORPORATION 1 7.75% $13,151
GUIDANCE RESIDENTIAL, LLC 1 6.75% $13,119
HOMESTEAD FUNDING CORP. 1 5.88% $3,842
JAMS-01, INC. 1 7.63% $5,766
LOANPAL, LLC 1 5.99% $4,801
MCLEAN MORTGAGE CORPORATION 1 7.63% $7,573
Morgan Stanley Private Bank 1 6.13% $4,027
MORIA DEVELOPMENT, INC. 1 8.13% $5,929
MYCUMORTGAGE, LLC 1 7.25% $4,477
NATIONS DIRECT MORTGAGE, LLC 1 7.13% $15,939
NP, Inc. 1 11.25% $4,279
OCMBC, INC. 1 8.75% $10,038
PARTNERS 1ST Federal Credit Union 1 7.38% $2,807
PENTAGON FEDERAL CREDIT UNION 1 6.38% $5,477
PHH Mortgage Corporation 1 5.88% $8,232
Plains Commerce Bank 1 6.13% $6,104
Presidential Bank, FSB 1 6.63% $5,528
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.99% $4,056
Regions Bank 1 6.25% $3,798
RELIANCE FIRST CAPITAL, LLC 1 6.99% $9,359
STATE EMPLOYEES' 1 6.88% $3,564
Stifel Bank and Trust 1 6.13% $2,213
Strong Home Mortgage, LLC 1 8.13% $4,182
Sunflower Bank 1 7.38% $10,429
SUN WEST MORTGAGE COMPANY, INC. 1 7.63% $5,959
The Freedom Bank of Virginia 1 6.88% $6,160
TOWER 1 4.88% $12,549
United Nations Federal Credit Union 1 6.13% $2,224
VILLAGE BANK MORTGAGE CORPORATION 1 6.13% $5,828
Virginia Credit Union, Inc. 1 6.88% $4,594
Washington Financial Bank 1 6.75% $3,959
AgFirst Farm Credit Bank 1 6.75% $3,693

HARRISONBURG Average Closing Costs & Other Stats

HARRISONBURG, VA's 115 lenders originated 1,898 loans during 2023. The total origination value was $489,910,000, with an average loan value of $258,119.

HARRISONBURG's average closing costs are $4,796.

The top HARRISONBURG lender as defined by loan originations is F & M BANK CORP., with 105 loans originated. Their average total fees are $4,188, which is $3,128 lower than the next largest lender, NVR Mortgage Finance, Inc..

The lowest fee HARRISONBURG lenders (with over 10 loans originated) are DUPONT COMMUNITY ($2,948), PARK VIEW FEDERAL CREDIT UNION ($3,161), F & M BANK CORP. ($4,188), COMMONWEALTH ONE FEDERAL CREDIT UNION ($4,267) and George Mason Mortgage, LLC ($4,543).

The lowest rate HARRISONBURG lenders (with over 10 loans originated) are PARK VIEW FEDERAL CREDIT UNION (4.37%), COMMONWEALTH ONE FEDERAL CREDIT UNION (5.88%), DUPONT COMMUNITY (5.95%), NVR Mortgage Finance, Inc. (6.23%) and Wells Fargo Bank (6.45%).

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
F & M BANK CORP. $76,420,000 $46,690,000 -38.9% 9.5%
NVR Mortgage Finance, Inc. $35,190,000 $32,025,000 -9.0% 6.5%
Fulton Bank $1,880,000 $31,095,000 1,554.0% 6.3%
PARK VIEW FEDERAL CREDIT UNION $53,190,000 $24,370,000 -54.2% 5.0%
Integrity Home Mortgage Corp $43,260,000 $19,725,000 -54.4% 4.0%
QUICKEN LOANS, LLC $30,295,000 $16,915,000 -44.2% 3.5%
DUPONT COMMUNITY $46,920,000 $16,690,000 -64.4% 3.4%
Pendleton Community Bank, Inc. $32,295,000 $13,565,000 -58.0% 2.8%
Truist $19,010,000 $13,440,000 -29.3% 2.7%
Blackhawk Bank & Trust $12,395,000 n/a 2.5%
Alcova Mortgage LLC $5,280,000 $11,675,000 121.1% 2.4%
GREYSTONE SERVICING COMPANY LLC $11,535,000 n/a 2.4%
MOVEMENT MORTGAGE, LLC $22,915,000 $10,285,000 -55.1% 2.1%
Atlantic Union Bank $11,500,000 $10,165,000 -11.6% 2.1%
UNITED WHOLESALE MORTGAGE, LLC $9,250,000 $9,745,000 5.4% 2.0%
George Mason Mortgage, LLC $13,730,000 $9,405,000 -31.5% 1.9%
Summit Community Bank, Inc. $8,105,000 $9,105,000 12.3% 1.9%
Virginia Credit Union, Inc. $2,220,000 $6,735,000 203.4% 1.4%
CBM Mortgage, Inc. $7,900,000 $6,510,000 -17.6% 1.3%
First-Citizens Bank & Trust Company $4,450,000 $5,830,000 31.0% 1.2%
COMMONWEALTH ONE FEDERAL CREDIT UNION $2,635,000 $5,535,000 110.1% 1.1%
Waterstone Mortgage Corporation $1,220,000 $5,245,000 329.9% 1.1%
NAVY FEDERAL CREDIT UNION $6,695,000 $4,915,000 -26.6% 1.0%
FIRST BANCORP $4,515,000 $4,910,000 8.7% 1.0%
Citizens Bank $8,420,000 $4,825,000 -42.7% 1.0%
Wells Fargo Bank $11,370,000 $4,515,000 -60.3% 0.9%
PENNYMAC LOAN SERVICES, LLC $5,095,000 $4,425,000 -13.2% 0.9%
Mortgage Research Center, LLC $7,970,000 $4,405,000 -44.7% 0.9%
First Bank $4,370,000 $3,875,000 -11.3% 0.8%
First Heritage Mortgage, LLC $2,910,000 $3,855,000 32.5% 0.8%
C & F Mortgage Corporation $7,635,000 $3,655,000 -52.1% 0.7%
Atlantic Coast Mortgage, LLC $5,895,000 $3,560,000 -39.6% 0.7%
Member Options, LLC $1,275,000 $3,365,000 163.9% 0.7%
UNION HOME MORTGAGE CORP. $4,110,000 $3,270,000 -20.4% 0.7%
CROSSCOUNTRY MORTGAGE, LLC $4,425,000 $3,265,000 -26.2% 0.7%
Bank of the James $15,850,000 $3,210,000 -79.7% 0.7%
Bank of America $2,825,000 $2,660,000 -5.8% 0.5%
USAA Federal Savings Bank $2,825,000 $2,495,000 -11.7% 0.5%
LOANDEPOT.COM, LLC $8,180,000 $2,460,000 -69.9% 0.5%
Blue Ridge Bank $7,055,000 $2,375,000 -66.3% 0.5%
NFM, INC. $2,610,000 $2,255,000 -13.6% 0.5%
TD Bank $1,990,000 n/a 0.4%
LIMA ONE CAPITAL, LLC $1,965,000 n/a 0.4%
HOMESPIRE MORTGAGE CORPORATION $3,900,000 $1,955,000 -49.9% 0.4%
Century Mortgage Company DBA Century Lending Company $1,120,000 $1,950,000 74.1% 0.4%
Prosperity Home Mortgage, LLC $1,760,000 $1,930,000 9.7% 0.4%
TIDEWATER MORTGAGE SERVICES, INC. $5,685,000 $1,920,000 -66.2% 0.4%
JPMorgan Chase Bank $4,140,000 $1,915,000 -53.7% 0.4%
DHI MORTGAGE COMPANY, LTD. $1,905,000 n/a 0.4%
U.S. Bank $4,225,000 $1,825,000 -56.8% 0.4%
United Bank $1,615,000 $1,805,000 11.8% 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,625,000 $1,740,000 -52.0% 0.4%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,480,000 $1,730,000 16.9% 0.4%
GSF Mortgage Corporation $335,000 $1,715,000 411.9% 0.4%
AMERISAVE MORTGAGE CORPORATION $1,935,000 $1,710,000 -11.6% 0.3%
PIONEER BANK $2,995,000 $1,705,000 -43.1% 0.3%
EMBRACE HOME LOANS, INC. $390,000 $1,630,000 317.9% 0.3%
NEWREZ LLC $3,390,000 $1,585,000 -53.2% 0.3%
Acre Mortgage and Financial Inc $630,000 $1,530,000 142.9% 0.3%
Farm Credit of the Virginias, ACA $1,220,000 $1,480,000 21.3% 0.3%
Vellum Mortgage, Inc. $550,000 $1,395,000 153.6% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $3,635,000 $1,360,000 -62.6% 0.3%
BROKER SOLUTIONS, INC. $940,000 $1,335,000 42.0% 0.3%
CARDINAL FINANCIAL $705,000 $1,305,000 85.1% 0.3%
City National Bank of West Virginia $510,000 $1,305,000 155.9% 0.3%
The Federal Savings Bank $1,255,000 $1,265,000 0.8% 0.3%
PNC Bank $2,030,000 $1,220,000 -39.9% 0.2%
Paramount Residential Mortgage Group, Inc. $1,195,000 n/a 0.2%
CAPITAL CENTER, L.L.C. $2,035,000 $1,185,000 -41.8% 0.2%
Northpointe Bank $440,000 $1,080,000 145.5% 0.2%
PENTAGON FEDERAL CREDIT UNION $485,000 $1,055,000 117.5% 0.2%
Towne Bank $710,000 $1,055,000 48.6% 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $1,045,000 n/a 0.2%
GUARANTEED RATE, INC. $980,000 $1,045,000 6.6% 0.2%
Select Bank $1,010,000 n/a 0.2%
SOUTHERN TRUST MORTGAGE, LLC $920,000 n/a 0.2%
CMG MORTGAGE, INC. $610,000 $915,000 50.0% 0.2%
BETTER MORTGAGE CORPORATION $2,955,000 $890,000 -69.9% 0.2%
Renasant Bank $6,040,000 $870,000 -85.6% 0.2%
Morgan Stanley Private Bank $1,140,000 $860,000 -24.6% 0.2%
Commerce Home Mortgage, Inc. $770,000 n/a 0.2%
MEMBER ADVANTAGE MORTGAGE, LLC $115,000 $765,000 565.2% 0.2%
SOUTHWEST STAGE FUNDING, LLC $615,000 $755,000 22.8% 0.2%
NBKC BANK $1,285,000 $750,000 -41.6% 0.2%
FREEDOM MORTGAGE CORPORATION $1,710,000 $745,000 -56.4% 0.2%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $410,000 $710,000 73.2% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $685,000 n/a 0.1%
Carrington Mortgage Services, LLC $725,000 $675,000 -6.9% 0.1%
GUILD MORTGAGE COMPANY $3,450,000 $665,000 -80.7% 0.1%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $405,000 $655,000 61.7% 0.1%
BMO Harris Bank $615,000 n/a 0.1%
MYCUMORTGAGE, LLC $3,385,000 $585,000 -82.7% 0.1%
TOWER $335,000 $565,000 68.7% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $1,295,000 $545,000 -57.9% 0.1%
EVERENCE FEDERAL CREDIT UNION $1,890,000 $520,000 -72.5% 0.1%
BM Real Estate Services, Inc. $515,000 n/a 0.1%
DEEPHAVEN MORTGAGE LLC $515,000 n/a 0.1%
Sunflower Bank $515,000 n/a 0.1%
NATIONS DIRECT MORTGAGE, LLC $495,000 n/a 0.1%
PHH Mortgage Corporation $825,000 $495,000 -40.0% 0.1%
CLEARPATH LENDING $245,000 $490,000 100.0% 0.1%
Stifel Bank and Trust $485,000 n/a 0.1%
Washington Financial Bank $195,000 $475,000 143.6% 0.1%
Directions Credit Union, Inc. $465,000 n/a 0.1%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $3,170,000 $460,000 -85.5% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $785,000 $450,000 -42.7% 0.1%
United Nations Federal Credit Union $2,005,000 $450,000 -77.6% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $355,000 $440,000 23.9% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $205,000 $430,000 109.8% 0.1%
HOMESTEAD FUNDING CORP. $225,000 $415,000 84.4% 0.1%
JMAC LENDING, INC. $415,000 n/a 0.1%
PREMIA MORTGAGE, LLC $415,000 n/a 0.1%
MORIA DEVELOPMENT, INC. $405,000 n/a 0.1%
NEXTMARK $400,000 n/a 0.1%
Hometown Equity Mortgage, LLC $395,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $840,000 $380,000 -54.8% 0.1%
GENEVA FINANCIAL, LLC $375,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $365,000 n/a 0.1%
Regions Bank $365,000 n/a 0.1%
MCLEAN MORTGAGE CORPORATION $2,045,000 $355,000 -82.6% 0.1%
ROSS MORTGAGE CORPORATION $355,000 n/a 0.1%
Mid-Continent Funding, Inc. $995,000 $345,000 -65.3% 0.1%
RELIANCE FIRST CAPITAL, LLC $1,470,000 $340,000 -76.9% 0.1%
Bell Bank $335,000 n/a 0.1%
Cornerstone First Mortgage, Inc $335,000 n/a 0.1%
GEO-CORP, INC. $335,000 n/a 0.1%
Strong Home Mortgage, LLC $1,420,000 $335,000 -76.4% 0.1%
The Bank of Marion $335,000 n/a 0.1%
Citizens and Farmers Bank $325,000 n/a 0.1%
AgFirst Farm Credit Bank $2,870,000 $315,000 -89.0% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $275,000 $315,000 14.5% 0.1%
Bethpage Federal Credit Union $315,000 n/a 0.1%
Figure Lending LLC $95,000 $315,000 231.6% 0.1%
NP, Inc. $480,000 $315,000 -34.4% 0.1%
Discover Bank $225,000 $310,000 37.8% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $225,000 $310,000 37.8% 0.1%
GUIDANCE RESIDENTIAL, LLC $605,000 $305,000 -49.6% 0.1%
MILEND, INC. $305,000 n/a 0.1%
UNIVERSITY OF VIRGINIA COMMUNITY CREDIT UNION,INC. $115,000 $295,000 156.5% 0.1%
INTERCOASTAL MORTGAGE COMPANY $975,000 $275,000 -71.8% 0.1%
PLAZA HOME MORTGAGE, INC. $275,000 n/a 0.1%
VILLAGE BANK MORTGAGE CORPORATION $275,000 n/a 0.1%
Wyndham Capital Mortgage, Inc. $590,000 $275,000 -53.4% 0.1%
American National Bank and Trust Company $265,000 n/a 0.1%
Bank of England $450,000 $265,000 -41.1% 0.1%
First Federal Bank $265,000 n/a 0.1%
AMERICAN FINANCING CORPORATION $1,035,000 $245,000 -76.3% 0.1%
Southern Bank and Trust Company $245,000 n/a 0.1%
Greenbox Loans, Inc. $235,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $825,000 $235,000 -71.5% 0.0%
UIF CORPORATION $1,170,000 $235,000 -79.9% 0.0%
GUARANTY HOME MORTGAGE CORPORATION $225,000 n/a 0.0%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $225,000 n/a 0.0%
OCMBC, INC. $215,000 n/a 0.0%
FIRST SAVINGS MORTGAGE CORPORATION $580,000 $205,000 -64.7% 0.0%
Presidential Bank, FSB $205,000 n/a 0.0%
STATE EMPLOYEES' $410,000 $205,000 -50.0% 0.0%
MID AMERICA MORTGAGE, INC. $200,000 n/a 0.0%
CHURCHILL MORTGAGE CORPORATION $335,000 $195,000 -41.8% 0.0%
First Financial Bank $195,000 n/a 0.0%
JAMS-01, INC. $635,000 $195,000 -69.3% 0.0%
Plains Commerce Bank $210,000 $175,000 -16.7% 0.0%
PARTNERS 1ST Federal Credit Union $770,000 $170,000 -77.9% 0.0%
Third Federal Savings and Loan Association of Cleveland $215,000 $170,000 -20.9% 0.0%
Nations Lending Corporation $165,000 n/a 0.0%
The Freedom Bank of Virginia $465,000 $165,000 -64.5% 0.0%
Burke & Herbert Bank & Trust Company $155,000 n/a 0.0%
Residential Mortgage Solutions, Inc. $155,000 n/a 0.0%
LOANPAL, LLC $300,000 $150,000 -50.0% 0.0%
EVERETT FINANCIAL, INC. $390,000 $145,000 -62.8% 0.0%
LENDINGHOME FUNDING CORPORATION $145,000 $145,000 0.0% 0.0%
LONGBRIDGE FINANCIAL, LLC $145,000 n/a 0.0%
1ST ADVANTAGE FEDERAL CREDIT UNION $120,000 $105,000 -12.5% 0.0%
M&T Bank $370,000 $90,000 -75.7% 0.0%
SPRING EQ, LLC $90,000 $85,000 -5.6% 0.0%
TRIAD FINANCIAL SERVICES, INC. $185,000 $85,000 -54.1% 0.0%
ALLIANT CREDIT UNION $65,000 n/a 0.0%
MEMBER ONE $55,000 n/a 0.0%
NSWC Federal Credit Union $45,000 n/a 0.0%
MERCK EMPLOYEES FEDERAL CREDIT UNION $675,000 $35,000 -94.8% 0.0%
American Airlines Federal Credit Union $25,000 n/a 0.0%
LANGLEY $385,000 $25,000 -93.5% 0.0%

HARRISONBURG's top lender by overall market share is F & M BANK CORP., with 9.5% market share. In second place, with 6.5%, is NVR Mortgage Finance, Inc., having originated $32,025,000 in loans. In third place, with 6.3%, is Fulton Bank, having originated $31,095,000 in loans. In fourth place, with 5.0%, is PARK VIEW FEDERAL CREDIT UNION, having originated $24,370,000 in loans. In fifth place, with 4.0%, is Integrity Home Mortgage Corp, having originated $19,725,000 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 $265,100 (2.4%) $364,388 (-2.8%) 0.00 292
2019-04-01 $279,900 (4.2%) $367,892 (-1.4%) 0.00 287
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 $298,427 (13.6%) $465,376 (33.3%) 0.00 308
2019-09-01 $296,218 (14.0%) $468,885 (37.9%) 0.00 308
2019-10-01 $291,750 (12.3%) $420,041 (21.9%) 0.00 301
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 (16.0%) $397,633 (9.1%) 0.00 202
2020-04-01 $296,893 (6.1%) $384,622 (4.6%) 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 (6.4%) $413,992 (-11.0%) 0.00 197
2020-09-01 $321,200 (8.4%) $430,337 (-8.2%) 0.00 160
2020-10-01 $309,450 (6.1%) $429,734 (2.3%) 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 (0.4%) 0.00 151
2021-10-01 $314,950 (1.8%) $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%) $436,177 (-6.7%) 0.00 135
2023-01-01 $347,948 (0.9%) $438,329 (-2.8%) 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
2023-05-01 $354,950 (8.0%) $446,274 (8.6%) 0.00 132
2023-06-01 $377,445 (9.0%) $451,962 (10.4%) 0.00 142
2023-07-01 $382,495 (12.5%) $451,473 (12.3%) 0.00 151
2023-08-01 $388,498 (12.9%) $469,120 (11.4%) 0.00 186
2023-09-01 $383,495 (10.3%) $479,384 (8.1%) 0.00 203
2023-10-01 $380,995 (14.8%) $481,296 (8.1%) 0.00 215
2023-11-01 $369,968 (6.4%) $466,798 (7.1%) 0.00 235
2023-12-01 $369,990 (9.8%) $471,382 (8.1%) 0.00 217
2024-01-01 $369,845 (6.3%) $450,359 (2.7%) 0.00 194
2024-02-01 $369,948 (5.7%) $447,400 (3.3%) 0.00 175
2024-03-01 $379,990 (8.9%) $461,965 (6.5%) 0.00 172
2024-04-01 $379,220 (4.6%) $475,805 (5.7%) 0.00 186
2024-05-01 $373,625 (5.3%) $476,046 (6.7%) 0.00 185
2024-06-01 $374,900 (-0.7%) $480,360 (6.3%) 0.00 175
2024-07-01 $397,750 (4.0%) $485,656 (7.6%) 0.00 161
2024-08-01 $395,000 (1.7%) $482,532 (2.9%) 0.00 176
2024-09-01 $391,000 (2.0%) $481,425 (0.4%) 0.00 176
HARRISONBURG's median listing price for 2024-09-01 was $391,000, a difference of $7,505 (2.0%) versus the prior year and $-4,000 versus the prior month.

HARRISONBURG's median listing price comes in at 0% of the national average.

HARRISONBURG's average listing price for 2024-09-01 was $481,425, a difference of $2,041 (0.4%) versus the prior year and $-1,107 versus the prior month.

For the 2024-09-01 period, HARRISONBURG had 176 MLS listings, a difference of 0 listings (0%) versus the prior month and -27 listings (-13%) 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 1,982 sqft
2019-04-01 0 days 2,096 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 2,174 sqft
2019-09-01 0 days 2,146 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 2,090 sqft
2020-10-01 0 days 1,950 sqft
2020-11-01 0 days 1,866 sqft
2020-12-01 0 days 1,776 sqft
2021-01-01 0 days 1,800 sqft
2021-02-01 0 days 1,788 sqft
2021-03-01 0 days 1,781 sqft
2021-04-01 0 days 1,785 sqft
2021-05-01 0 days 1,839 sqft
2021-06-01 0 days 1,841 sqft
2021-07-01 0 days 1,845 sqft
2021-08-01 0 days 1,839 sqft
2021-09-01 0 days 1,822 sqft
2021-10-01 0 days 1,742 sqft
2021-11-01 0 days 1,837 sqft
2021-12-01 0 days 1,791 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
2023-05-01 0 days 1,813 sqft
2023-06-01 0 days 1,907 sqft
2023-07-01 0 days 1,933 sqft
2023-08-01 0 days 1,976 sqft
2023-09-01 0 days 1,947 sqft
2023-10-01 0 days 1,950 sqft
2023-11-01 0 days 1,921 sqft
2023-12-01 0 days 1,909 sqft
2024-01-01 0 days 1,887 sqft
2024-02-01 0 days 1,853 sqft
2024-03-01 0 days 1,828 sqft
2024-04-01 0 days 1,832 sqft
2024-05-01 0 days 1,804 sqft
2024-06-01 0 days 1,792 sqft
2024-07-01 0 days 1,890 sqft
2024-08-01 0 days 1,886 sqft
2024-09-01 0 days 1,940 sqft
HARRISONBURG's median listing age (time on market) for 2024-09-01 was 0 days.

HARRISONBURG's median square footage for active listings during the 2024-09-01 period was 1,940 sqft. One year prior, the average listing was 1,947 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.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
22801 Harrisonburg, VA MSA $880 $880 $1,160 $1,540 $1,980
22802 Harrisonburg, VA MSA $760 $770 $1,010 $1,340 $1,720
22803 Harrisonburg, VA MSA $780 $790 $1,040 $1,380 $1,770
22807 Harrisonburg, VA MSA $780 $790 $1,040 $1,380 $1,770
22811 Harrisonburg, VA MSA $770 $770 $1,020 $1,360 $1,740
22812 Harrisonburg, VA MSA $750 $760 $990 $1,320 $1,680
22815 Harrisonburg, VA MSA $690 $690 $910 $1,210 $1,550
22820 Harrisonburg, VA MSA $770 $770 $1,020 $1,360 $1,740
22821 Harrisonburg, VA MSA $660 $670 $880 $1,170 $1,500
22827 Harrisonburg, VA MSA $720 $730 $960 $1,280 $1,640
22830 Harrisonburg, VA MSA $760 $770 $1,010 $1,340 $1,720
22831 Harrisonburg, VA MSA $660 $670 $880 $1,170 $1,500
22832 Harrisonburg, VA MSA $1,130 $1,140 $1,500 $1,990 $2,560
22833 Harrisonburg, VA MSA $770 $770 $1,020 $1,360 $1,740
22834 Harrisonburg, VA MSA $780 $780 $1,030 $1,370 $1,750
22840 Harrisonburg, VA MSA $1,060 $1,070 $1,410 $1,880 $2,400
22841 Harrisonburg, VA MSA $760 $760 $1,000 $1,330 $1,700
22844 Harrisonburg, VA MSA $650 $660 $860 $1,140 $1,470
22846 Harrisonburg, VA MSA $990 $1,000 $1,320 $1,750 $2,240
22848 Harrisonburg, VA MSA $770 $770 $1,020 $1,360 $1,740
22849 Harrisonburg, VA MSA $750 $750 $990 $1,320 $1,690
22850 Harrisonburg, VA MSA $970 $970 $1,280 $1,700 $2,180
22853 Harrisonburg, VA MSA $700 $710 $930 $1,240 $1,580
24441 Harrisonburg, VA MSA $780 $780 $990 $1,340 $1,690
24471 Harrisonburg, VA MSA $650 $660 $860 $1,140 $1,470
24486 Harrisonburg, VA MSA $920 $920 $1,110 $1,550 $1,890

2022 Average & Median Rent Data Statistics
HARRISONBURG, VA average 1BR rent: $800, median: $770
HARRISONBURG, VA average 2BR rent: $1,048, median: $1,015
HARRISONBURG, VA average 3BR rent: $1,397, median: $1,350

HARRISONBURG, VA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,138 $341,640,000 $300,211
Other 286 $30,690,000 $107,308
Refi 172 $74,570,000 $433,547
Home Improvement 151 $13,735,000 $90,960
Cash Out Refi 151 $29,275,000 $193,874

Harrisonburg's most frequently cited loan purpose was Home Purchase, with 1,138 originations. The 2nd most popular reason was Other, with 286 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 647 $168,625,000 $260,626
7-8% 446 $122,240,000 $274,081
Over 8% 322 $38,700,000 $120,186
5-6% 308 $88,960,000 $288,831
4-5% 51 $15,505,000 $304,020
3-4% 13 $3,805,000 $292,692
<2.5% 2 $190,000 $95,000
2.5-3% 1 $225,000 $225,000

During 2023, Harrisonburg's most frequently originated rate bucket was 6-7%, with 647 originations.

Loan Sizing (HARRISONBURG, VA MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 825 $232,655,000 $282,006
$100,000 or less 440 $23,940,000 $54,409
$100k-200k 425 $63,205,000 $148,718
$400k-600k 158 $74,400,000 $470,886
$600k-1000k 34 $23,480,000 $690,588
$Over $1MM 16 $72,230,000 $4,514,375

HARRISONBURG's loan sizing saw the bucket of loans from $200k-400k with 825 originations, totaling $232,655,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 727 $229,785,000 $316,073
60-80% 361 $135,035,000 $374,058
Under 20% 253 $11,965,000 $47,292
20-40% 250 $27,140,000 $108,560
40-60% 178 $36,960,000 $207,640
Over 100% 24 $10,820,000 $450,833

HARRISONBURG's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 727 originations, totaling $229,785,000 in origination value.