Morehead City Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Morehead City averaged
7.19%
for the week of 2024-04-18, compared to the national average of
7.1% for the same period.
The average rate for the prior week (2024-04-11) was
6.87% and
one month ago for the week of 2024-03-14, the
average rate was 6.63%.
Morehead City's average rate one year ago was 5.96%.
For refis of the same type during the week of 2024-04-18, the average rate
was 7.4%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-04-18 | 7.1% |
| Morehead City 30 Year Fixed Rate | 2024-04-18 | 7.19% |
| Morehead City 30 Year Fixed Rate Refi | 2024-04-18 | 7.4% |
| Morehead City 15 Year Fixed Rate | 2024-04-18 | 6.19% |
| Morehead City 15 Year Fixed Rate Refi | 2024-04-18 | 6.49% |
| Morehead City 30 Year FHA | 2024-04-18 | 6.74% |
| Morehead City 30 Year FHA Refi | 2024-04-18 | 6.86% |
| Morehead City 30 Year USDA | 2024-04-18 | 6.96% |
| Morehead City 30 Year USDA Refi | 2024-04-18 | 6.86% |
| Morehead City 30 Year VA | 2024-04-18 | 6.42% |
| Morehead City 30 Year VA Refi | 2024-04-18 | 6.96% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Morehead City, NC.
Morehead City 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 Morehead City, NC 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.).
Morehead City Average Closing Costs & Other Stats
Morehead City, NC's 140 lenders originated 2,153
loans during 2023. The total origination value was $655,635,000, with an average loan value of
$304,522.
Morehead City's average closing costs are $4,758.
The top Morehead City lender as defined by loan originations is STATE EMPLOYEES', with
117 loans originated. Their average total fees are
$4,423, which is $3,559
lower than the next largest lender,
ATLANTIC BAY MORTGAGE GROUP, L.L.C..
The lowest fee Morehead City lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. ($2,857), LOCAL GOVERNMENT FEDERAL CREDIT UNION ($4,351), STATE EMPLOYEES' ($4,423), First-Citizens Bank & Trust Company ($5,157) and CMG MORTGAGE, INC. ($5,225).
The lowest rate Morehead City lenders (with over 10 loans originated) are
STATE EMPLOYEES' (5.73%), DHI MORTGAGE COMPANY, LTD. (5.96%), LOCAL GOVERNMENT FEDERAL CREDIT UNION (6.03%), CMG MORTGAGE, INC. (6.06%) and First-Citizens Bank & Trust Company (6.29%).
Morehead City, NC 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 |
|---|---|---|---|---|
| STATE EMPLOYEES' | $107,145,000 | $73,710,000 | -31.2% | 11.2% |
| First-Citizens Bank & Trust Company | $71,825,000 | $70,775,000 | -1.5% | 10.8% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $50,945,000 | $39,170,000 | -23.1% | 6.0% |
| NAVY FEDERAL CREDIT UNION | $27,725,000 | $28,585,000 | 3.1% | 4.4% |
| Truist | $50,850,000 | $26,490,000 | -47.9% | 4.0% |
| QUICKEN LOANS, LLC | $41,140,000 | $25,070,000 | -39.1% | 3.8% |
| Corporate Investors Mortgage Group, Inc. | $45,745,000 | $19,715,000 | -56.9% | 3.0% |
| First Bank | $495,000 | $17,080,000 | 3,350.5% | 2.6% |
| Southern Bank and Trust Company | $22,370,000 | $16,745,000 | -25.1% | 2.6% |
| American Security Mortgage Corp. | $19,815,000 | $16,385,000 | -17.3% | 2.5% |
| MOVEMENT MORTGAGE, LLC | $29,765,000 | $15,875,000 | -46.7% | 2.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $24,080,000 | $13,820,000 | -42.6% | 2.1% |
| GUARANTEED RATE, INC. | $14,300,000 | $12,950,000 | -9.4% | 2.0% |
| First National Bank of Pennsylvania | $22,850,000 | $12,385,000 | -45.8% | 1.9% |
| DHI MORTGAGE COMPANY, LTD. | $6,445,000 | $12,155,000 | 88.6% | 1.9% |
| Mortgage Research Center, LLC | $8,725,000 | $10,040,000 | 15.1% | 1.5% |
| CMG MORTGAGE, INC. | $7,440,000 | $8,640,000 | 16.1% | 1.3% |
| PNC Bank | $14,305,000 | $7,755,000 | -45.8% | 1.2% |
| Wells Fargo Bank | $22,480,000 | $7,720,000 | -65.7% | 1.2% |
| Towne Bank | $13,005,000 | $7,710,000 | -40.7% | 1.2% |
| COASTAL Federal Credit Union | $18,100,000 | $6,460,000 | -64.3% | 1.0% |
| Morgan Stanley Private Bank | $5,570,000 | $6,135,000 | 10.1% | 0.9% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $8,925,000 | $5,125,000 | -42.6% | 0.8% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $4,870,000 | $5,085,000 | 4.4% | 0.8% |
| JPMorgan Chase Bank | $10,185,000 | $4,935,000 | -51.5% | 0.8% |
| INTERCOASTAL MORTGAGE COMPANY | $4,870,000 | $4,735,000 | -2.8% | 0.7% |
| North State Bank | $4,705,000 | $3,860,000 | -18.0% | 0.6% |
| Bank of America | $7,860,000 | $3,770,000 | -52.0% | 0.6% |
| PENNYMAC LOAN SERVICES, LLC | $4,055,000 | $3,685,000 | -9.1% | 0.6% |
| United Bank | $7,730,000 | $3,305,000 | -57.2% | 0.5% |
| American National Bank and Trust Company | $1,080,000 | $3,215,000 | 197.7% | 0.5% |
| Peoples Bank | $3,125,000 | n/a | 0.5% | |
| United Community Bank | $2,545,000 | $2,925,000 | 14.9% | 0.4% |
| SWBC MORTGAGE CORPORATION | $2,725,000 | n/a | 0.4% | |
| CORNERSTONE HOME LENDING, INC. | $1,040,000 | $2,720,000 | 161.5% | 0.4% |
| Charles Schwab Bank, SSB | $265,000 | $2,630,000 | 892.5% | 0.4% |
| NexBank | $1,740,000 | $2,605,000 | 49.7% | 0.4% |
| USAA Federal Savings Bank | $2,890,000 | $2,580,000 | -10.7% | 0.4% |
| T2 FINANCIAL LLC | $3,730,000 | $2,375,000 | -36.3% | 0.4% |
| Citibank | $890,000 | $2,370,000 | 166.3% | 0.4% |
| EQUITY RESOURCES, INC. | $5,930,000 | $2,370,000 | -60.0% | 0.4% |
| FREEDOM MORTGAGE CORPORATION | $7,720,000 | $2,295,000 | -70.3% | 0.4% |
| Pinnacle Bank | $4,040,000 | $2,270,000 | -43.8% | 0.3% |
| Gateway First Bank | $2,455,000 | $2,175,000 | -11.4% | 0.3% |
| Truliant Federal Credit Union | $860,000 | $2,125,000 | 147.1% | 0.3% |
| Sound Bank | $2,070,000 | n/a | 0.3% | |
| First Heritage Mortgage, LLC | $1,750,000 | $2,010,000 | 14.9% | 0.3% |
| First Carolina Bank | $5,390,000 | $1,970,000 | -63.5% | 0.3% |
| TD Bank | $8,475,000 | $1,930,000 | -77.2% | 0.3% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $285,000 | $1,905,000 | 568.4% | 0.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,675,000 | $1,865,000 | 11.3% | 0.3% |
| Armed Forces Bank | $790,000 | $1,835,000 | 132.3% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $4,030,000 | $1,835,000 | -54.5% | 0.3% |
| The Fidelity Bank | $1,605,000 | $1,805,000 | 12.5% | 0.3% |
| Alcova Mortgage LLC | $3,185,000 | $1,800,000 | -43.5% | 0.3% |
| blueharbor bank | $1,740,000 | n/a | 0.3% | |
| Southern First Bank | $3,450,000 | $1,740,000 | -49.6% | 0.3% |
| First Federal Bank | $350,000 | $1,730,000 | 394.3% | 0.3% |
| LOANDEPOT.COM, LLC | $6,890,000 | $1,725,000 | -75.0% | 0.3% |
| GUILD MORTGAGE COMPANY | $1,625,000 | $1,695,000 | 4.3% | 0.3% |
| U.S. Bank | $3,520,000 | $1,695,000 | -51.8% | 0.3% |
| EMBRACE HOME LOANS, INC. | $1,730,000 | $1,680,000 | -2.9% | 0.3% |
| NEWREZ LLC | $2,350,000 | $1,680,000 | -28.5% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $615,000 | $1,640,000 | 166.7% | 0.3% |
| CAPITAL CENTER, L.L.C. | $1,325,000 | $1,625,000 | 22.6% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,475,000 | $1,545,000 | 4.7% | 0.2% |
| Flagstar Bank, FSB | $1,820,000 | $1,535,000 | -15.7% | 0.2% |
| Commerce Home Mortgage, Inc. | $1,530,000 | n/a | 0.2% | |
| Prosperity Home Mortgage, LLC | $2,390,000 | $1,500,000 | -37.2% | 0.2% |
| The Federal Savings Bank | $2,340,000 | $1,470,000 | -37.2% | 0.2% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $1,030,000 | $1,395,000 | 35.4% | 0.2% |
| UNION HOME MORTGAGE CORP. | $5,640,000 | $1,370,000 | -75.7% | 0.2% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $1,205,000 | $1,355,000 | 12.4% | 0.2% |
| North American Savings Bank, F.S.B. | $1,085,000 | $1,275,000 | 17.5% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $3,360,000 | $1,270,000 | -62.2% | 0.2% |
| 21ST MORTGAGE CORPORATION | $1,105,000 | $1,265,000 | 14.5% | 0.2% |
| Coastal Bank & Trust | $1,250,000 | n/a | 0.2% | |
| KS Bank, Inc. | $875,000 | $1,215,000 | 38.9% | 0.2% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $1,165,000 | $1,200,000 | 3.0% | 0.2% |
| Ameris Bank | $4,620,000 | $1,175,000 | -74.6% | 0.2% |
| BNC National Bank | $1,545,000 | $1,155,000 | -25.2% | 0.2% |
| Mr. Cooper ( Nationstar Mortgage ) | $5,310,000 | $1,135,000 | -78.6% | 0.2% |
| Renasant Bank | $4,715,000 | $1,095,000 | -76.8% | 0.2% |
| Stifel Bank and Trust | $525,000 | $1,085,000 | 106.7% | 0.2% |
| Atlantic Coast Mortgage, LLC | $2,155,000 | $1,075,000 | -50.1% | 0.2% |
| NFM, INC. | $400,000 | $1,060,000 | 165.0% | 0.2% |
| The Central Trust Bank | $2,450,000 | $1,060,000 | -56.7% | 0.2% |
| Community First Bank | $1,055,000 | n/a | 0.2% | |
| BMO Harris Bank | $985,000 | n/a | 0.2% | |
| REDWOOD RESIDENTIAL ACQUISITION CORPORATION | $985,000 | n/a | 0.2% | |
| KeyBank | $235,000 | $975,000 | 314.9% | 0.1% |
| Citizens Bank | $965,000 | n/a | 0.1% | |
| NBKC BANK | $1,335,000 | $965,000 | -27.7% | 0.1% |
| ZILLOW HOME LOANS, LLC | $885,000 | $960,000 | 8.5% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $315,000 | $950,000 | 201.6% | 0.1% |
| Nations Lending Corporation | $495,000 | $910,000 | 83.8% | 0.1% |
| Marine Federal Credit Union | $555,000 | $900,000 | 62.2% | 0.1% |
| First United Corporation | $885,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $450,000 | $885,000 | 96.7% | 0.1% |
| AMERICAN FINANCING CORPORATION | $840,000 | $875,000 | 4.2% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $265,000 | $855,000 | 222.6% | 0.1% |
| Discover Bank | $525,000 | $850,000 | 61.9% | 0.1% |
| SeaTrust Mortgage Company | $1,155,000 | $850,000 | -26.4% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $2,025,000 | $830,000 | -59.0% | 0.1% |
| CARDINAL FINANCIAL | $1,135,000 | $825,000 | -27.3% | 0.1% |
| Summit Credit Union | $825,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $1,225,000 | $820,000 | -33.1% | 0.1% |
| BROKER SOLUTIONS, INC. | $3,480,000 | $780,000 | -77.6% | 0.1% |
| FIRST FLIGHT FEDERAL CREDIT UNION | $1,165,000 | $775,000 | -33.5% | 0.1% |
| Keystone Funding, Inc. | $760,000 | n/a | 0.1% | |
| GoPrime Mortgage, Inc. | $1,840,000 | $735,000 | -60.1% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $1,295,000 | $730,000 | -43.6% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,000,000 | $725,000 | -27.5% | 0.1% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $695,000 | n/a | 0.1% | |
| Northpointe Bank | $2,870,000 | $695,000 | -75.8% | 0.1% |
| Integrity Home Mortgage Corp | $155,000 | $680,000 | 338.7% | 0.1% |
| Atlantic Union Bank | $700,000 | $665,000 | -5.0% | 0.1% |
| BNY Mellon | $545,000 | $665,000 | 22.0% | 0.1% |
| First Horizon Bank | $585,000 | $665,000 | 13.7% | 0.1% |
| Benchmark Community Bank | $650,000 | n/a | 0.1% | |
| RELIANCE FIRST CAPITAL, LLC | $470,000 | $645,000 | 37.2% | 0.1% |
| ALLEGACY FEDERAL CREDIT UNION | $205,000 | $635,000 | 209.8% | 0.1% |
| Citadel Servicing Corporation | $425,000 | $630,000 | 48.2% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $305,000 | $630,000 | 106.6% | 0.1% |
| UBS Bank USA | $675,000 | $605,000 | -10.4% | 0.1% |
| AgCarolina Farm Credit, FLCA | $235,000 | $590,000 | 151.1% | 0.1% |
| HOMESTEAD FUNDING CORP. | $575,000 | n/a | 0.1% | |
| FIRST BANCORP | $565,000 | n/a | 0.1% | |
| HOMESTAR FINANCIAL CORPORATION | $1,115,000 | $560,000 | -49.8% | 0.1% |
| Wilmington Savings Fund Society, FSB | $555,000 | n/a | 0.1% | |
| CLEARPATH LENDING | $985,000 | $535,000 | -45.7% | 0.1% |
| Deere Employees Credit Union | $530,000 | n/a | 0.1% | |
| Summit Community Bank, Inc. | $515,000 | n/a | 0.1% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $245,000 | $505,000 | 106.1% | 0.1% |
| ANGEL OAK HOME LOANS LLC | $4,285,000 | $495,000 | -88.4% | 0.1% |
| NEW DAY FINANCIAL, LLC | $1,490,000 | $490,000 | -67.1% | 0.1% |
| VILLAGE BANK MORTGAGE CORPORATION | $490,000 | n/a | 0.1% | |
| ITHINK FINANCIAL Credit Union | $485,000 | n/a | 0.1% | |
| CSL Financial, LLC | $870,000 | $470,000 | -46.0% | 0.1% |
| Hometown Equity Mortgage, LLC | $470,000 | n/a | 0.1% | |
| PREMIA MORTGAGE, LLC | $465,000 | n/a | 0.1% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $845,000 | $465,000 | -45.0% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $95,000 | $460,000 | 384.2% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $385,000 | $450,000 | 16.9% | 0.1% |
| Aurora Financial, LLC | $445,000 | n/a | 0.1% | |
| First Merchants Bank | $445,000 | n/a | 0.1% | |
| The Loan Store, Inc. | $445,000 | n/a | 0.1% | |
| Village Bank | $435,000 | n/a | 0.1% | |
| LANGLEY | $45,000 | $425,000 | 844.4% | 0.1% |
| Ally Bank | $2,450,000 | $405,000 | -83.5% | 0.1% |
| Blue Ridge Bank | $2,190,000 | $405,000 | -81.5% | 0.1% |
| MORTGAGE EQUITY PARTNERS LLC | $175,000 | $385,000 | 120.0% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $2,920,000 | $375,000 | -87.2% | 0.1% |
| N R L Federal Credit Union | $375,000 | n/a | 0.1% | |
| BAYCOAST MORTGAGE COMPANY, LLC | $365,000 | n/a | 0.1% | |
| Figure Lending LLC | $580,000 | $365,000 | -37.1% | 0.1% |
| FIRST HOME MORTGAGE CORPORATION | $345,000 | $365,000 | 5.8% | 0.1% |
| GSF Mortgage Corporation | $365,000 | n/a | 0.1% | |
| Paramount Residential Mortgage Group, Inc. | $360,000 | $365,000 | 1.4% | 0.1% |
| South State Bank | $395,000 | $360,000 | -8.9% | 0.1% |
| Univest Bank and Trust Co. | $355,000 | n/a | 0.1% | |
| Park Lane Finance Solutions, LLC | $205,000 | $350,000 | 70.7% | 0.1% |
| Jefferson Security Bank | $345,000 | n/a | 0.1% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $145,000 | $335,000 | 131.0% | 0.1% |
| HighTechLending Inc | $335,000 | n/a | 0.1% | |
| City National Bank | $325,000 | n/a | 0.0% | |
| Putnam County Bank | $325,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $315,000 | n/a | 0.0% | |
| UNITED NORTHERN MORTGAGE BANKERS LIMITED | $315,000 | n/a | 0.0% | |
| Regions Bank | $1,965,000 | $305,000 | -84.5% | 0.0% |
| Wake Forest Federal Savings and Loan Association | $305,000 | n/a | 0.0% | |
| RBC Bank, (Georgia) | $345,000 | $295,000 | -14.5% | 0.0% |
| Apple Federal Credit Union | $435,000 | $265,000 | -39.1% | 0.0% |
| LEADERONE FINANCIAL CORPORATION | $265,000 | n/a | 0.0% | |
| NEXTMARK | $265,000 | n/a | 0.0% | |
| Plains Commerce Bank | $680,000 | $265,000 | -61.0% | 0.0% |
| Carrington Mortgage Services, LLC | $950,000 | $255,000 | -73.2% | 0.0% |
| US MORTGAGE CORPORATION | $255,000 | $255,000 | 0.0% | 0.0% |
| SOUTHERN TRUST MORTGAGE, LLC | $1,130,000 | $245,000 | -78.3% | 0.0% |
| LIMA ONE CAPITAL, LLC | $225,000 | n/a | 0.0% | |
| VILLAGE CAPITAL MORTGAGE | $360,000 | $225,000 | -37.5% | 0.0% |
| RAPID MORTGAGE COMPANY | $1,130,000 | $215,000 | -81.0% | 0.0% |
| VERITAS FUNDING, LLC | $215,000 | n/a | 0.0% | |
| Clearview Federal Credit Union | $205,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $375,000 | $205,000 | -45.3% | 0.0% |
| Roxboro Savings Bank SSB | $635,000 | $205,000 | -67.7% | 0.0% |
| TIDEWATER MORTGAGE SERVICES, INC. | $205,000 | n/a | 0.0% | |
| LAKEVIEW LOAN SERVICING, LLC | $1,295,000 | $195,000 | -84.9% | 0.0% |
| MICHIGAN MUTUAL, INC. | $455,000 | $195,000 | -57.1% | 0.0% |
| Mid-Continent Funding, Inc. | $195,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $195,000 | n/a | 0.0% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $265,000 | $185,000 | -30.2% | 0.0% |
| Colonial Savings, F.A. | $165,000 | $175,000 | 6.1% | 0.0% |
| HOMESPIRE MORTGAGE CORPORATION | $175,000 | n/a | 0.0% | |
| PLAZA HOME MORTGAGE, INC. | $275,000 | $175,000 | -36.4% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $200,000 | $165,000 | -17.5% | 0.0% |
| Simmons Bank | $165,000 | n/a | 0.0% | |
| Uwharrie Bank | $275,000 | $165,000 | -40.0% | 0.0% |
| LOANPAL, LLC | $340,000 | $155,000 | -54.4% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $295,000 | $155,000 | -47.5% | 0.0% |
| DIRECT MORTGAGE LOANS, LLC | $145,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP | $195,000 | $145,000 | -25.6% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $755,000 | $140,000 | -81.5% | 0.0% |
| BETTER MORTGAGE CORPORATION | $3,285,000 | $135,000 | -95.9% | 0.0% |
| UNITED | $135,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $335,000 | $120,000 | -64.2% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $115,000 | n/a | 0.0% | |
| COMMONWEALTH ONE FEDERAL CREDIT UNION | $155,000 | $105,000 | -32.3% | 0.0% |
| Fifth Third Bank | $605,000 | $105,000 | -82.6% | 0.0% |
| SOUTHWEST STAGE FUNDING, LLC | $105,000 | n/a | 0.0% | |
| HomeTrust Bank | $2,510,000 | $85,000 | -96.6% | 0.0% |
| Connexus Credit Union | $75,000 | n/a | 0.0% | |
| The Huntington National Bank | $110,000 | $75,000 | -31.8% | 0.0% |
| UTILITIES EMPLOYEES CREDIT UNION | $60,000 | n/a | 0.0% | |
| TOGETHER CREDIT UNION | $45,000 | n/a | 0.0% |
Morehead City's top lender by overall market share is STATE EMPLOYEES', with 11.2% market share. In second place, with 10.8%, is First-Citizens Bank & Trust Company, having originated $70,775,000 in loans. In third place, with 6.0%, is ATLANTIC BAY MORTGAGE GROUP, L.L.C., having originated $39,170,000 in loans. In fourth place, with 4.4%, is NAVY FEDERAL CREDIT UNION, having originated $28,585,000 in loans. In fifth place, with 4.0%, is Truist, having originated $26,490,000 in loans.
Morehead City Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Morehead City (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 | $309,450 (3.5%) | $393,920 (7.8%) | 0.00 | 969 |
| 2018-02-01 | $314,950 (5.3%) | $398,075 (7.7%) | 0.00 | 958 |
| 2018-03-01 | $322,950 (8.0%) | $404,889 (8.3%) | 0.00 | 997 |
| 2018-04-01 | $322,250 (4.6%) | $404,273 (4.8%) | 0.00 | 1,011 |
| 2018-05-01 | $325,000 (6.7%) | $413,015 (5.8%) | 0.00 | 1,022 |
| 2018-06-01 | $326,500 (7.1%) | $416,844 (7.9%) | 0.00 | 999 |
| 2018-07-01 | $330,000 (4.8%) | $425,276 (8.6%) | 0.00 | 983 |
| 2018-08-01 | $337,000 (6.9%) | $433,165 (10.7%) | 0.00 | 939 |
| 2018-09-01 | $343,000 (8.9%) | $446,926 (15.2%) | 0.00 | 899 |
| 2018-10-01 | $337,000 (7.0%) | $445,004 (14.4%) | 0.00 | 723 |
| 2018-11-01 | $338,925 (9.7%) | $443,515 (15.0%) | 0.00 | 670 |
| 2018-12-01 | $339,900 (9.7%) | $443,764 (14.0%) | 0.00 | 653 |
| 2019-01-01 | $339,463 (9.7%) | $449,963 (14.2%) | 0.00 | 585 |
| 2019-02-01 | $340,619 (8.2%) | $440,224 (10.6%) | 0.00 | 610 |
| 2019-03-01 | $351,143 (8.7%) | $457,572 (13.0%) | 0.00 | 636 |
| 2019-04-01 | $354,125 (9.9%) | $474,251 (17.3%) | 0.00 | 673 |
| 2019-05-01 | $362,500 (11.5%) | $488,547 (18.3%) | 0.00 | 705 |
| 2019-06-01 | $359,900 (10.2%) | $484,360 (16.2%) | 0.00 | 729 |
| 2019-07-01 | $369,125 (11.9%) | $486,944 (14.5%) | 0.00 | 737 |
| 2019-08-01 | $376,336 (11.7%) | $494,837 (14.2%) | 0.00 | 751 |
| 2019-09-01 | $378,341 (10.3%) | $497,583 (11.3%) | 0.00 | 778 |
| 2019-10-01 | $379,677 (12.7%) | $499,413 (12.2%) | 0.00 | 799 |
| 2019-11-01 | $375,000 (10.6%) | $492,275 (11.0%) | 0.00 | 820 |
| 2019-12-01 | $375,000 (10.3%) | $488,356 (10.1%) | 0.00 | 774 |
| 2020-01-01 | $375,000 (10.5%) | $484,524 (7.7%) | 0.00 | 771 |
| 2020-02-01 | $375,000 (10.1%) | $488,145 (10.9%) | 0.00 | 771 |
| 2020-03-01 | $375,000 (6.8%) | $490,303 (7.2%) | 0.00 | 805 |
| 2020-04-01 | $375,375 (6.0%) | $497,395 (4.9%) | 0.00 | 809 |
| 2020-05-01 | $375,500 (3.6%) | $499,510 (2.2%) | 0.00 | 758 |
| 2020-06-01 | $385,000 (7.0%) | $519,460 (7.3%) | 0.00 | 659 |
| 2020-07-01 | $385,000 (4.3%) | $520,107 (6.8%) | 0.00 | 584 |
| 2020-08-01 | $385,000 (2.3%) | $527,131 (6.5%) | 0.00 | 532 |
| 2020-09-01 | $385,000 (1.8%) | $552,438 (11.0%) | 0.00 | 454 |
| 2020-10-01 | $385,000 (1.4%) | $555,865 (11.3%) | 0.00 | 430 |
| 2020-11-01 | $385,000 (2.7%) | $558,711 (13.5%) | 0.00 | 400 |
| 2020-12-01 | $399,725 (6.6%) | $575,358 (17.8%) | 0.00 | 332 |
| 2021-01-01 | $399,250 (6.5%) | $552,071 (13.9%) | 0.00 | 287 |
| 2021-02-01 | $422,500 (12.7%) | $587,290 (20.3%) | 0.00 | 241 |
| 2021-03-01 | $449,975 (20.0%) | $594,730 (21.3%) | 0.00 | 219 |
| 2021-04-01 | $469,950 (25.2%) | $619,749 (24.6%) | 0.00 | 215 |
| 2021-05-01 | $465,000 (23.8%) | $622,774 (24.7%) | 0.00 | 202 |
| 2021-06-01 | $467,825 (21.5%) | $613,422 (18.1%) | 0.00 | 224 |
| 2021-07-01 | $450,000 (16.9%) | $596,253 (14.6%) | 0.00 | 242 |
| 2021-08-01 | $450,000 (16.9%) | $624,288 (18.4%) | 0.00 | 245 |
| 2021-09-01 | $450,000 (16.9%) | $623,067 (12.8%) | 0.00 | 276 |
| 2021-10-01 | $449,000 (16.6%) | $599,921 (7.9%) | 0.00 | 265 |
| 2021-11-01 | $449,500 (16.8%) | $612,188 (9.6%) | 0.00 | 232 |
| 2021-12-01 | $461,950 (15.6%) | $615,791 (7.0%) | 0.00 | 208 |
| 2022-01-01 | $475,000 (19.0%) | $607,750 (10.1%) | 0.00 | 165 |
| 2022-02-01 | $479,150 (13.4%) | $609,761 (3.8%) | 0.00 | 160 |
| 2022-03-01 | $484,475 (7.7%) | $633,846 (6.6%) | 0.00 | 145 |
| 2022-04-01 | $486,950 (3.6%) | $635,745 (2.6%) | 0.00 | 164 |
| 2022-05-01 | $510,950 (9.9%) | $682,419 (9.6%) | 0.00 | 179 |
| 2022-06-01 | $525,000 (12.2%) | $696,527 (13.6%) | 0.00 | 218 |
| 2022-07-01 | $539,900 (20.0%) | $706,652 (18.5%) | 0.00 | 262 |
| 2022-08-01 | $559,450 (24.3%) | $722,663 (15.8%) | 0.00 | 271 |
| 2022-09-01 | $552,975 (22.9%) | $721,107 (15.7%) | 0.00 | 300 |
| 2022-10-01 | $550,000 (22.5%) | $697,339 (16.2%) | 0.00 | 335 |
| 2022-11-01 | $547,425 (21.8%) | $660,806 (7.9%) | 0.00 | 351 |
| 2022-12-01 | $552,350 (19.6%) | $670,615 (8.9%) | 0.00 | 320 |
| 2023-01-01 | $551,175 (16.0%) | $687,578 (13.1%) | 0.00 | 285 |
| 2023-02-01 | $549,925 (14.8%) | $680,483 (11.6%) | 0.00 | 290 |
| 2023-03-01 | $549,850 (13.5%) | $702,072 (10.8%) | 0.00 | 290 |
| 2023-04-01 | $569,000 (16.9%) | $714,988 (12.5%) | 0.00 | 280 |
| 2023-05-01 | $550,000 (7.6%) | $696,546 (2.1%) | 0.00 | 275 |
| 2023-06-01 | $576,250 (9.8%) | $718,237 (3.1%) | 0.00 | 285 |
| 2023-07-01 | $587,575 (8.8%) | $733,432 (3.8%) | 0.00 | 278 |
| 2023-08-01 | $593,250 (6.0%) | $754,410 (4.4%) | 0.00 | 282 |
| 2023-09-01 | $595,000 (7.6%) | $778,551 (8.0%) | 0.00 | 305 |
| 2023-10-01 | $609,925 (10.9%) | $808,786 (16.0%) | 0.00 | 312 |
| 2023-11-01 | $602,475 (10.1%) | $791,650 (19.8%) | 0.00 | 328 |
| 2023-12-01 | $599,900 (8.6%) | $772,642 (15.2%) | 0.00 | 329 |
| 2024-01-01 | $598,650 (8.6%) | $736,826 (7.2%) | 0.00 | 338 |
| 2024-02-01 | $598,950 (8.9%) | $753,647 (10.8%) | 0.00 | 364 |
| 2024-03-01 | $599,900 (9.1%) | $770,159 (9.7%) | 0.00 | 402 |
Morehead City's median listing price for 2024-03-01 was $599,900, a difference of
$50,050
(9.1%) versus the prior year and
$950 versus the prior month.
Morehead City's median listing price comes in at 0% of the national average.
Morehead City's average listing price for 2024-03-01 was $770,159, a difference of $68,087 (9.7%) versus the prior year and $16,512 versus the prior month.
For the 2024-03-01 period, Morehead City had 402 MLS listings, a difference of 38 listings (10%) versus the prior month and 112 listings (39%) versus the prior year.
Morehead City's median listing price comes in at 0% of the national average.
Morehead City's average listing price for 2024-03-01 was $770,159, a difference of $68,087 (9.7%) versus the prior year and $16,512 versus the prior month.
For the 2024-03-01 period, Morehead City had 402 MLS listings, a difference of 38 listings (10%) versus the prior month and 112 listings (39%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Morehead City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,716 sqft |
| 2018-02-01 | 0 days | 1,750 sqft |
| 2018-03-01 | 0 days | 1,784 sqft |
| 2018-04-01 | 0 days | 1,787 sqft |
| 2018-05-01 | 0 days | 1,831 sqft |
| 2018-06-01 | 0 days | 1,841 sqft |
| 2018-07-01 | 0 days | 1,864 sqft |
| 2018-08-01 | 0 days | 1,867 sqft |
| 2018-09-01 | 0 days | 1,862 sqft |
| 2018-10-01 | 0 days | 1,845 sqft |
| 2018-11-01 | 0 days | 1,806 sqft |
| 2018-12-01 | 0 days | 1,789 sqft |
| 2019-01-01 | 0 days | 1,783 sqft |
| 2019-02-01 | 0 days | 1,796 sqft |
| 2019-03-01 | 0 days | 1,814 sqft |
| 2019-04-01 | 0 days | 1,819 sqft |
| 2019-05-01 | 0 days | 1,922 sqft |
| 2019-06-01 | 0 days | 1,944 sqft |
| 2019-07-01 | 0 days | 1,952 sqft |
| 2019-08-01 | 0 days | 1,969 sqft |
| 2019-09-01 | 0 days | 1,953 sqft |
| 2019-10-01 | 0 days | 1,922 sqft |
| 2019-11-01 | 0 days | 1,863 sqft |
| 2019-12-01 | 0 days | 1,825 sqft |
| 2020-01-01 | 0 days | 1,798 sqft |
| 2020-02-01 | 0 days | 1,795 sqft |
| 2020-03-01 | 0 days | 1,789 sqft |
| 2020-04-01 | 0 days | 1,795 sqft |
| 2020-05-01 | 0 days | 1,800 sqft |
| 2020-06-01 | 0 days | 1,923 sqft |
| 2020-07-01 | 0 days | 1,944 sqft |
| 2020-08-01 | 0 days | 1,920 sqft |
| 2020-09-01 | 0 days | 1,890 sqft |
| 2020-10-01 | 0 days | 1,874 sqft |
| 2020-11-01 | 0 days | 1,847 sqft |
| 2020-12-01 | 0 days | 1,854 sqft |
| 2021-01-01 | 0 days | 1,860 sqft |
| 2021-02-01 | 0 days | 1,942 sqft |
| 2021-03-01 | 0 days | 1,959 sqft |
| 2021-04-01 | 0 days | 1,974 sqft |
| 2021-05-01 | 0 days | 1,951 sqft |
| 2021-06-01 | 0 days | 1,901 sqft |
| 2021-07-01 | 0 days | 1,850 sqft |
| 2021-08-01 | 0 days | 1,850 sqft |
| 2021-09-01 | 0 days | 1,821 sqft |
| 2021-10-01 | 0 days | 1,820 sqft |
| 2021-11-01 | 0 days | 1,792 sqft |
| 2021-12-01 | 0 days | 1,784 sqft |
| 2022-01-01 | 0 days | 1,790 sqft |
| 2022-02-01 | 0 days | 1,808 sqft |
| 2022-03-01 | 0 days | 1,802 sqft |
| 2022-04-01 | 0 days | 1,802 sqft |
| 2022-05-01 | 0 days | 1,979 sqft |
| 2022-06-01 | 0 days | 1,926 sqft |
| 2022-07-01 | 0 days | 1,887 sqft |
| 2022-08-01 | 0 days | 2,000 sqft |
| 2022-09-01 | 0 days | 1,976 sqft |
| 2022-10-01 | 0 days | 1,960 sqft |
| 2022-11-01 | 0 days | 1,914 sqft |
| 2022-12-01 | 0 days | 1,881 sqft |
| 2023-01-01 | 0 days | 1,875 sqft |
| 2023-02-01 | 0 days | 1,918 sqft |
| 2023-03-01 | 0 days | 1,910 sqft |
| 2023-04-01 | 0 days | 1,937 sqft |
| 2023-05-01 | 0 days | 1,999 sqft |
| 2023-06-01 | 0 days | 1,972 sqft |
| 2023-07-01 | 0 days | 1,970 sqft |
| 2023-08-01 | 0 days | 1,906 sqft |
| 2023-09-01 | 0 days | 1,926 sqft |
| 2023-10-01 | 0 days | 1,910 sqft |
| 2023-11-01 | 0 days | 1,871 sqft |
| 2023-12-01 | 0 days | 1,800 sqft |
| 2024-01-01 | 0 days | 1,800 sqft |
| 2024-02-01 | 0 days | 1,765 sqft |
| 2024-03-01 | 0 days | 1,797 sqft |
Morehead City's median listing age (time on market) for 2024-03-01 was 0 days.
Morehead City's median square footage for active listings during the 2024-03-01 period was 1,797 sqft. One year prior, the average listing was 1,910 sqft.
Morehead City's median square footage for active listings during the 2024-03-01 period was 1,797 sqft. One year prior, the average listing was 1,910 sqft.
Morehead City, NC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,237 | $476,095,000 | $384,879 |
| Other | 304 | $50,920,000 | $167,500 |
| Home Improvement | 228 | $32,540,000 | $142,719 |
| Refi | 206 | $51,220,000 | $248,641 |
| Cash Out Refi | 178 | $44,860,000 | $252,022 |
Morehead City's most frequently cited loan purpose was Home Purchase, with 1,237 originations. The 2nd most popular reason was Other, with 304 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 679 | $239,375,000 | $352,541 |
| 7-8% | 549 | $159,275,000 | $290,118 |
| 5-6% | 409 | $150,655,000 | $368,350 |
| Over 8% | 294 | $56,180,000 | $191,088 |
| 4-5% | 169 | $34,415,000 | $203,639 |
| 3-4% | 6 | $1,820,000 | $303,333 |
| <2.5% | 6 | $430,000 | $71,667 |
| 2.5-3% | 1 | $855,000 | $855,000 |
During 2023, Morehead City's most frequently originated rate bucket was 6-7%, with 679 originations.
Loan Sizing (Morehead City, NC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 735 | $211,095,000 | $287,204 |
| $100k-200k | 466 | $67,220,000 | $144,249 |
| $100,000 or less | 398 | $22,520,000 | $56,583 |
| $400k-600k | 346 | $165,380,000 | $477,977 |
| $600k-1000k | 154 | $112,030,000 | $727,468 |
| $Over $1MM | 54 | $77,390,000 | $1,433,148 |
Morehead City's loan sizing saw the bucket of loans from $200k-400k with 735 originations, totaling $211,095,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 578 | $214,720,000 | $371,488 |
| 60-80% | 532 | $230,730,000 | $433,703 |
| Under 20% | 385 | $30,285,000 | $78,662 |
| 20-40% | 307 | $58,445,000 | $190,375 |
| 40-60% | 267 | $93,315,000 | $349,494 |
| Over 100% | 36 | $13,650,000 | $379,167 |
Morehead City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 578 originations, totaling $214,720,000 in origination value.