Middlesborough Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Middlesborough averaged 6.72% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

    The average rate for the prior week (2025-04-03) was 6.74% and one month ago for the week of 2025-03-06, the average rate was 6.63%.

    Middlesborough's average rate one year ago was 6.82%.

    For refis of the same type during the week of 2025-04-10, the average rate was 7.22%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-10 6.62%
    Middlesborough 30 Year Fixed Rate 2025-04-10 6.72%
    Middlesborough 30 Year Fixed Rate Refi 2025-04-10 7.22%
    Middlesborough 15 Year Fixed Rate 2025-04-10 6.02%
    Middlesborough 15 Year Fixed Rate Refi 2025-04-10 6.12%
    Middlesborough 30 Year FHA 2025-04-10 6.23%
    Middlesborough 30 Year FHA Refi 2025-04-10 6.33%
    Middlesborough 30 Year USDA 2025-04-10 6.25%
    Middlesborough 30 Year USDA Refi 2025-04-10 6.25%
    Middlesborough 30 Year VA 2025-04-10 6.09%
    Middlesborough 30 Year VA Refi 2025-04-10 6.39%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Middlesborough, KY.

    Middlesborough 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 Middlesborough, KY 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    QUICKEN LOANS, LLC 10 6.96% $4,596
    Community Trust Bank, Inc. 4 6.69% $2,164
    STOCKTON MORTGAGE CORPORATION 3 7.38% $4,513
    VANDERBILT MORTGAGE AND FINANCE, INC. 3 8.83% $5,754
    Commercial Bank 2 6.68% $1,122
    MORTGAGE INVESTORS GROUP, INC. 2 6.93% $3,115
    Magnolia Bank 1 6.75% $3,235
    Mortgage Research Center, LLC 1 6.13% $9,235
    MOVEMENT MORTGAGE, LLC 1 6.88% $4,480
    NFM, INC. 1 6.88% $3,623
    PENNYMAC LOAN SERVICES, LLC 1 7.25% $2,954
    ROYAL UNITED MORTGAGE LLC 1 7.50% $4,966
    TOP FLITE FINANCIAL, INC. 1 6.88% $3,731
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.49% $3,154
    ZILLOW HOME LOANS, LLC 1 7.25% $4,944
    Citizens Bank 1 6.25% $2,100
    EASTMAN 1 7.38% $4,274
    INTERLINC MORTGAGE SERVICES, LLC 1 6.38% $550
    JPMorgan Chase Bank 1 6.88% $1,573
    L & N Federal Credit Union 1 6.38% $2,405

    Middlesborough Average Closing Costs & Other Stats

    Middlesborough, KY's 20 lenders originated 189 loans during 2024. The total origination value was $26,275,000, with an average loan value of $139,021.

    Middlesborough's average closing costs are $4,543.

    The top Middlesborough lender as defined by loan originations is QUICKEN LOANS, LLC, with 10 loans originated. Their average total fees are $4,596, which is $2,432 higher than the next largest lender, Community Trust Bank, Inc..

    The lowest fee Middlesborough lenders (with over 10 loans originated) are QUICKEN LOANS, LLC ($4,596), .

    The lowest rate Middlesborough lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.96%), .

    Middlesborough, KY 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    Community Trust Bank, Inc. $2,425,000 $4,890,000 101.6% 18.6%
    Home Federal Bank Corporation $4,965,000 $3,840,000 -22.7% 14.6%
    QUICKEN LOANS, LLC $1,345,000 $2,400,000 78.4% 9.1%
    First State Bank of the Southeast, Inc. $2,120,000 $2,050,000 -3.3% 7.8%
    STOCKTON MORTGAGE CORPORATION $260,000 $1,540,000 492.3% 5.9%
    VANDERBILT MORTGAGE AND FINANCE, INC. $1,410,000 $1,520,000 7.8% 5.8%
    MORTGAGE INVESTORS GROUP, INC. $355,000 $1,135,000 219.7% 4.3%
    AMERICAN PACIFIC MORTGAGE CORPORATION $650,000 n/a 2.5%
    Mortgage Research Center, LLC $220,000 $635,000 188.6% 2.4%
    CARDINAL FINANCIAL $1,840,000 $585,000 -68.2% 2.2%
    Commercial Bank $2,360,000 $580,000 -75.4% 2.2%
    NEWREZ LLC $445,000 n/a 1.7%
    Carrington Mortgage Services, LLC $380,000 n/a 1.4%
    Paramount Residential Mortgage Group, Inc. $260,000 $375,000 44.2% 1.4%
    Wells Fargo Bank $65,000 $355,000 446.2% 1.4%
    CROSSCOUNTRY MORTGAGE, LLC $350,000 n/a 1.3%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $350,000 $250,000 -28.6% 1.0%
    SOUTH CENTRAL BANK, INC. $245,000 n/a 0.9%
    POLARIS HOME FUNDING CORP. $240,000 $220,000 -8.3% 0.8%
    NAVY FEDERAL CREDIT UNION $205,000 $215,000 4.9% 0.8%
    COMMONWEALTH $100,000 $210,000 110.0% 0.8%
    LOANDEPOT.COM, LLC $95,000 $210,000 121.1% 0.8%
    EASTMAN $195,000 n/a 0.7%
    Mountain Commerce Bank $185,000 n/a 0.7%
    MOVEMENT MORTGAGE, LLC $175,000 n/a 0.7%
    NEXERA HOLDING LLC $175,000 n/a 0.7%
    PENNYMAC LOAN SERVICES, LLC $175,000 n/a 0.7%
    L & N Federal Credit Union $170,000 n/a 0.6%
    Magnolia Bank $155,000 n/a 0.6%
    UNITED WHOLESALE MORTGAGE, LLC $155,000 n/a 0.6%
    BROKER SOLUTIONS, INC. $95,000 $135,000 42.1% 0.5%
    TOP FLITE FINANCIAL, INC. $600,000 $130,000 -78.3% 0.5%
    FirstBank $360,000 $110,000 -69.4% 0.4%
    Sierra Pacific Mortgage Company, Inc. $95,000 n/a 0.4%
    Truist $105,000 $95,000 -9.5% 0.4%
    ZILLOW HOME LOANS, LLC $95,000 n/a 0.4%
    U.S. Bank $175,000 $85,000 -51.4% 0.3%
    21ST MORTGAGE CORPORATION $285,000 $75,000 -73.7% 0.3%
    INTERLINC MORTGAGE SERVICES, LLC $75,000 n/a 0.3%
    AMERISAVE MORTGAGE CORPORATION $65,000 n/a 0.2%
    LONGBRIDGE FINANCIAL, LLC $65,000 n/a 0.2%
    ROYAL UNITED MORTGAGE LLC $150,000 $65,000 -56.7% 0.2%
    Citizens Bank $1,065,000 $55,000 -94.8% 0.2%
    JPMorgan Chase Bank $135,000 $55,000 -59.3% 0.2%
    NFM, INC. $55,000 n/a 0.2%
    PNC Bank $55,000 n/a 0.2%
    The Monticello Banking Company $45,000 n/a 0.2%
    Coastal Community Bank $35,000 n/a 0.1%
    UBANK $25,000 n/a 0.1%

    Middlesborough's top lender by overall market share is Community Trust Bank, Inc., with 18.6% market share. In second place, with 14.6%, is Home Federal Bank Corporation, having originated $3,840,000 in loans. In third place, with 9.1%, is QUICKEN LOANS, LLC, having originated $2,400,000 in loans. In fourth place, with 7.8%, is First State Bank of the Southeast, Inc., having originated $2,050,000 in loans. In fifth place, with 5.9%, is STOCKTON MORTGAGE CORPORATION, having originated $1,540,000 in loans.

    Middlesborough Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Middlesborough (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 $93,750 (4.3%) $116,760 (4.8%) 0.00 81
    2018-02-01 $92,325 (2.7%) $116,313 (5.8%) 0.00 79
    2018-03-01 $95,000 (5.7%) $120,508 (10.2%) 0.00 92
    2018-04-01 $97,550 (8.5%) $120,761 (12.0%) 0.00 100
    2018-05-01 $97,900 (15.4%) $125,500 (19.7%) 0.00 98
    2018-06-01 $101,200 (9.2%) $123,943 (11.8%) 0.00 97
    2018-07-01 $93,425 (7.4%) $120,389 (8.7%) 0.00 99
    2018-08-01 $92,725 (10.4%) $118,198 (9.6%) 0.00 108
    2018-09-01 $99,900 (16.2%) $123,030 (12.2%) 0.00 104
    2018-10-01 $95,450 (7.3%) $121,322 (7.2%) 0.00 98
    2018-11-01 $89,000 (-1.1%) $115,872 (1.5%) 0.00 94
    2018-12-01 $89,700 (-0.3%) $123,057 (7.2%) 0.00 89
    2019-01-01 $89,600 (-4.4%) $122,988 (5.3%) 0.00 84
    2019-02-01 $89,000 (-3.6%) $119,162 (2.5%) 0.00 88
    2019-03-01 $93,500 (-1.6%) $120,193 (-0.3%) 0.00 90
    2019-04-01 $99,600 (2.1%) $125,460 (3.9%) 0.00 91
    2019-05-01 $107,675 (10.0%) $128,934 (2.7%) 0.00 93
    2019-06-01 $109,900 (8.6%) $128,544 (3.7%) 0.00 101
    2019-07-01 $120,300 (28.8%) $130,975 (8.8%) 0.00 104
    2019-08-01 $121,664 (31.2%) $130,100 (10.1%) 0.00 103
    2019-09-01 $121,909 (22.0%) $128,285 (4.3%) 0.00 102
    2019-10-01 $123,275 (29.2%) $128,952 (6.3%) 0.00 101
    2019-11-01 $121,300 (36.3%) $126,338 (9.0%) 0.00 92
    2019-12-01 $124,900 (39.2%) $125,916 (2.3%) 0.00 89
    2020-01-01 $124,600 (39.1%) $125,265 (1.9%) 0.00 82
    2020-02-01 $124,900 (40.3%) $127,534 (7.0%) 0.00 74
    2020-03-01 $125,000 (33.7%) $136,866 (13.9%) 0.00 72
    2020-04-01 $124,900 (25.4%) $137,525 (9.6%) 0.00 63
    2020-05-01 $125,000 (16.1%) $137,395 (6.6%) 0.00 59
    2020-06-01 $134,975 (22.8%) $145,135 (12.9%) 0.00 51
    2020-07-01 $134,125 (11.5%) $141,386 (8.0%) 0.00 37
    2020-08-01 $129,900 (6.8%) $129,524 (-0.4%) 0.00 45
    2020-09-01 $123,674 (1.5%) $133,179 (3.8%) 0.00 46
    2020-10-01 $107,450 (-12.8%) $132,302 (2.6%) 0.00 45
    2020-11-01 $115,000 (-5.2%) $130,143 (3.0%) 0.00 46
    2020-12-01 $121,563 (-2.7%) $143,474 (13.9%) 0.00 38
    2021-01-01 $101,250 (-18.7%) $137,151 (9.5%) 0.00 37
    2021-02-01 $87,474 (-30.0%) $139,012 (9.0%) 0.00 39
    2021-03-01 $92,675 (-25.9%) $132,798 (-3.0%) 0.00 43
    2021-04-01 $96,900 (-22.4%) $132,457 (-3.7%) 0.00 37
    2021-05-01 $109,900 (-12.1%) $137,524 (0.1%) 0.00 35
    2021-06-01 $120,000 (-11.1%) $139,630 (-3.8%) 0.00 38
    2021-07-01 $115,000 (-14.3%) $139,185 (-1.6%) 0.00 43
    2021-08-01 $97,950 (-24.6%) $128,528 (-0.8%) 0.00 41
    2021-09-01 $96,900 (-21.7%) $122,442 (-8.1%) 0.00 42
    2021-10-01 $99,450 (-7.5%) $132,985 (0.5%) 0.00 37
    2021-11-01 $113,750 (-1.1%) $141,984 (9.1%) 0.00 41
    2021-12-01 $117,475 (-3.4%) $141,138 (-1.6%) 0.00 42
    2022-01-01 $119,950 (18.5%) $156,538 (14.1%) 0.00 34
    2022-02-01 $136,000 (55.5%) $164,867 (18.6%) 0.00 29
    2022-03-01 $131,925 (42.4%) $186,522 (40.5%) 0.00 29
    2022-04-01 $122,500 (26.4%) $175,824 (32.7%) 0.00 33
    2022-05-01 $119,500 (8.7%) $172,898 (25.7%) 0.00 42
    2022-06-01 $119,500 (-0.4%) $181,471 (30.0%) 0.00 45
    2022-07-01 $133,000 (15.7%) $182,078 (30.8%) 0.00 48
    2022-08-01 $138,163 (41.1%) $195,614 (52.2%) 0.00 45
    2022-09-01 $139,900 (44.4%) $201,868 (64.9%) 0.00 51
    2022-10-01 $135,000 (35.8%) $191,211 (43.8%) 0.00 43
    2022-11-01 $133,000 (16.9%) $194,182 (36.8%) 0.00 42
    2022-12-01 $124,750 (6.2%) $190,479 (35.0%) 0.00 33
    2023-01-01 $120,999 (0.9%) $179,200 (14.5%) 0.00 41
    2023-02-01 $130,650 (-3.9%) $182,964 (11.0%) 0.00 43
    2023-03-01 $127,250 (-3.5%) $169,538 (-9.1%) 0.00 44
    2023-04-01 $122,000 (-0.4%) $168,534 (-4.2%) 0.00 45
    2023-05-01 $147,450 (23.4%) $182,570 (5.6%) 0.00 43
    2023-06-01 $148,750 (24.5%) $178,061 (-1.9%) 0.00 45
    2023-07-01 $150,000 (12.8%) $183,855 (1.0%) 0.00 48
    2023-08-01 $159,500 (15.4%) $190,158 (-2.8%) 0.00 49
    2023-09-01 $139,900 (0.0%) $172,531 (-14.5%) 0.00 48
    2023-10-01 $149,500 (10.7%) $179,646 (-6.1%) 0.00 50
    2023-11-01 $158,450 (19.1%) $189,522 (-2.4%) 0.00 47
    2023-12-01 $166,950 (33.8%) $185,631 (-2.6%) 0.00 41
    2024-01-01 $169,450 (40.0%) $200,556 (11.9%) 0.00 41
    2024-02-01 $164,450 (25.9%) $194,568 (6.3%) 0.00 46
    2024-03-01 $175,000 (37.5%) $196,402 (15.9%) 0.00 51
    2024-04-01 $184,475 (51.2%) $201,992 (19.9%) 0.00 47
    2024-05-01 $204,950 (39.0%) $214,050 (17.2%) 0.00 47
    2024-06-01 $194,400 (30.7%) $207,559 (16.6%) 0.00 48
    2024-07-01 $179,500 (19.7%) $206,656 (12.4%) 0.00 51
    2024-08-01 $181,950 (14.1%) $205,251 (7.9%) 0.00 53
    2024-09-01 $188,675 (34.9%) $211,837 (22.8%) 0.00 63
    2024-10-01 $186,225 (24.6%) $208,744 (16.2%) 0.00 68
    2024-11-01 $190,000 (19.9%) $210,922 (11.3%) 0.00 75
    2024-12-01 $198,163 (18.7%) $212,106 (14.3%) 0.00 71
    2025-01-01 $198,888 (17.4%) $214,840 (7.1%) 0.00 63
    2025-02-01 $218,150 (32.7%) $223,633 (14.9%) 0.00 57
    2025-03-01 $222,900 (27.4%) $235,937 (20.1%) 0.00 56
    Middlesborough's median listing price for 2025-03-01 was $222,900, a difference of $47,900 (27.4%) versus the prior year and $4,750 versus the prior month.

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

    Middlesborough's average listing price for 2025-03-01 was $235,937, a difference of $39,535 (20.1%) versus the prior year and $12,304 versus the prior month.

    For the 2025-03-01 period, Middlesborough had 56 MLS listings, a difference of -1 listings (-2%) versus the prior month and 5 listings (10%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Middlesborough (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,540 sqft
    2018-02-01 0 days 1,436 sqft
    2018-03-01 0 days 1,456 sqft
    2018-04-01 0 days 1,457 sqft
    2018-05-01 0 days 1,456 sqft
    2018-06-01 0 days 1,510 sqft
    2018-07-01 0 days 1,502 sqft
    2018-08-01 0 days 1,463 sqft
    2018-09-01 0 days 1,538 sqft
    2018-10-01 0 days 1,504 sqft
    2018-11-01 0 days 1,503 sqft
    2018-12-01 0 days 1,525 sqft
    2019-01-01 0 days 1,540 sqft
    2019-02-01 0 days 1,505 sqft
    2019-03-01 0 days 1,519 sqft
    2019-04-01 0 days 1,549 sqft
    2019-05-01 0 days 1,609 sqft
    2019-06-01 0 days 1,582 sqft
    2019-07-01 0 days 1,633 sqft
    2019-08-01 0 days 1,619 sqft
    2019-09-01 0 days 1,581 sqft
    2019-10-01 0 days 1,580 sqft
    2019-11-01 0 days 1,582 sqft
    2019-12-01 0 days 1,603 sqft
    2020-01-01 0 days 1,596 sqft
    2020-02-01 0 days 1,605 sqft
    2020-03-01 0 days 1,659 sqft
    2020-04-01 0 days 1,559 sqft
    2020-05-01 0 days 1,613 sqft
    2020-06-01 0 days 1,606 sqft
    2020-07-01 0 days 1,608 sqft
    2020-08-01 0 days 1,658 sqft
    2020-09-01 0 days 1,793 sqft
    2020-10-01 0 days 1,800 sqft
    2020-11-01 0 days 1,800 sqft
    2020-12-01 0 days 1,800 sqft
    2021-01-01 0 days 1,800 sqft
    2021-02-01 0 days 1,615 sqft
    2021-03-01 0 days 1,500 sqft
    2021-04-01 0 days 1,372 sqft
    2021-05-01 0 days 1,740 sqft
    2021-06-01 0 days 1,690 sqft
    2021-07-01 0 days 1,658 sqft
    2021-08-01 0 days 1,617 sqft
    2021-09-01 0 days 1,326 sqft
    2021-10-01 0 days 1,360 sqft
    2021-11-01 0 days 1,276 sqft
    2021-12-01 0 days 1,312 sqft
    2022-01-01 0 days 1,312 sqft
    2022-02-01 0 days 1,410 sqft
    2022-03-01 0 days 1,416 sqft
    2022-04-01 0 days 1,405 sqft
    2022-05-01 0 days 1,419 sqft
    2022-06-01 0 days 1,381 sqft
    2022-07-01 0 days 1,385 sqft
    2022-08-01 0 days 1,383 sqft
    2022-09-01 0 days 1,400 sqft
    2022-10-01 0 days 1,432 sqft
    2022-11-01 0 days 1,689 sqft
    2022-12-01 0 days 1,595 sqft
    2023-01-01 0 days 1,410 sqft
    2023-02-01 0 days 1,390 sqft
    2023-03-01 0 days 1,403 sqft
    2023-04-01 0 days 1,389 sqft
    2023-05-01 0 days 1,463 sqft
    2023-06-01 0 days 1,445 sqft
    2023-07-01 0 days 1,469 sqft
    2023-08-01 0 days 1,469 sqft
    2023-09-01 0 days 1,404 sqft
    2023-10-01 0 days 1,404 sqft
    2023-11-01 0 days 1,435 sqft
    2023-12-01 0 days 1,410 sqft
    2024-01-01 0 days 1,466 sqft
    2024-02-01 0 days 1,494 sqft
    2024-03-01 0 days 1,530 sqft
    2024-04-01 0 days 1,560 sqft
    2024-05-01 0 days 1,681 sqft
    2024-06-01 0 days 1,488 sqft
    2024-07-01 0 days 1,585 sqft
    2024-08-01 0 days 1,596 sqft
    2024-09-01 0 days 1,689 sqft
    2024-10-01 0 days 1,726 sqft
    2024-11-01 0 days 1,684 sqft
    2024-12-01 0 days 1,688 sqft
    2025-01-01 0 days 1,791 sqft
    2025-02-01 0 days 1,876 sqft
    2025-03-01 0 days 1,936 sqft
    Middlesborough's median listing age (time on market) for 2025-03-01 was 0 days.

    Middlesborough's median square footage for active listings during the 2025-03-01 period was 1,936 sqft. One year prior, the average listing was 1,530 sqft.

    Middlesborough, KY Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 126 $17,310,000 $137,381
    Refi 27 $5,585,000 $206,852
    Cash Out Refi 18 $2,210,000 $122,778
    Other 12 $810,000 $67,500
    Home Improvement 6 $360,000 $60,000

    Middlesborough's most frequently cited loan purpose was Home Purchase, with 126 originations. The 2nd most popular reason was Refi, with 27 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 64 $9,030,000 $141,094
    Over 8% 31 $2,765,000 $89,194
    7-8% 29 $5,445,000 $187,759
    5-6% 18 $2,890,000 $160,556

    During 2024, Middlesborough's most frequently originated rate bucket was 6-7%, with 64 originations.

    Loan Sizing (Middlesborough, KY MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 78 $4,720,000 $60,513
    $100k-200k 77 $11,145,000 $144,740
    $200k-400k 31 $7,285,000 $235,000
    $400k-600k 2 $920,000 $460,000
    $Over $1MM 1 $2,205,000 $2,205,000

    Middlesborough's loan sizing saw the bucket of loans from $100,000 or less with 78 originations, totaling $4,720,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 73 $11,245,000 $154,041
    60-80% 28 $5,670,000 $202,500
    40-60% 14 $1,190,000 $85,000
    20-40% 13 $755,000 $58,077
    Under 20% 7 $275,000 $39,286
    Over 100% 6 $770,000 $128,333

    Middlesborough's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 73 originations, totaling $11,245,000 in origination value.