Moscow Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Moscow averaged
6.06%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
5.96% and
one month ago for the week of 2024-09-05, the
average rate was 5.99%.
Moscow's average rate one year ago was 7.33%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.42%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
| Moscow 30 Year Fixed Rate | 2024-10-10 | 6.06% |
| Moscow 30 Year Fixed Rate Refi | 2024-10-10 | 6.42% |
| Moscow 15 Year Fixed Rate | 2024-10-10 | 5.31% |
| Moscow 15 Year Fixed Rate Refi | 2024-10-10 | 5.51% |
| Moscow 30 Year FHA | 2024-10-10 | 6.2% |
| Moscow 30 Year FHA Refi | 2024-10-10 | 6.1% |
| Moscow 30 Year USDA | 2024-10-10 | 5.88% |
| Moscow 30 Year USDA Refi | 2024-10-10 | 6.08% |
| Moscow 30 Year VA | 2024-10-10 | 5.95% |
| Moscow 30 Year VA Refi | 2024-10-10 | 5.85% |
Moscow 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 Moscow, ID 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.).
Moscow Average Closing Costs & Other Stats
Moscow, ID's 53 lenders originated 566
loans during 2023. The total origination value was $160,670,000, with an average loan value of
$283,869.
Moscow's average closing costs are $5,535.
The top Moscow lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
87 loans originated. Their average total fees are
$7,946, which is $2,588
higher than the next largest lender,
IDAHO CENTRAL.
The lowest fee Moscow lenders (with over 10 loans originated) are
Zions Bank ($4,612), IDAHO CENTRAL ($5,358), Potlatch No. 1 Financial Credit Union ($5,359), CMG MORTGAGE, INC. ($6,887) and HOMEBRIDGE FINANCIAL SERVICES, INC. ($7,906).
The lowest rate Moscow lenders (with over 10 loans originated) are
HOMEBRIDGE FINANCIAL SERVICES, INC. (6.21%), Potlatch No. 1 Financial Credit Union (6.51%), IDAHO CENTRAL (6.53%), UNITED WHOLESALE MORTGAGE, LLC (6.62%) and Zions Bank (6.82%).
Moscow, ID 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 |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $6,555,000 | $40,500,000 | 517.8% | 25.2% |
| Zions Bank | $23,350,000 | $18,420,000 | -21.1% | 11.5% |
| CMG MORTGAGE, INC. | $11,385,000 | n/a | 7.1% | |
| IDAHO CENTRAL | $24,210,000 | $11,105,000 | -54.1% | 6.9% |
| Potlatch No. 1 Financial Credit Union | $17,220,000 | $9,090,000 | -47.2% | 5.7% |
| Washington Trust Bank | $5,860,000 | $8,010,000 | 36.7% | 5.0% |
| U.S. Bank | $6,710,000 | $7,690,000 | 14.6% | 4.8% |
| QUICKEN LOANS, LLC | $13,125,000 | $5,465,000 | -58.4% | 3.4% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $20,010,000 | $4,600,000 | -77.0% | 2.9% |
| Banner Bank | $4,675,000 | $3,270,000 | -30.1% | 2.0% |
| Umpqua Bank | $5,705,000 | $2,035,000 | -64.3% | 1.3% |
| NEWREZ LLC | $660,000 | $1,605,000 | 143.2% | 1.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $1,920,000 | $1,585,000 | -17.4% | 1.0% |
| S1L, Inc. | $37,595,000 | $1,530,000 | -95.9% | 1.0% |
| GUARANTEED RATE, INC. | $655,000 | $1,445,000 | 120.6% | 0.9% |
| GUILD MORTGAGE COMPANY | $555,000 | $1,445,000 | 160.4% | 0.9% |
| USAA Federal Savings Bank | $585,000 | $1,435,000 | 145.3% | 0.9% |
| Mortgage Research Center, LLC | $1,430,000 | $1,310,000 | -8.4% | 0.8% |
| NAVY FEDERAL CREDIT UNION | $2,790,000 | $1,240,000 | -55.6% | 0.8% |
| Boeing Employees Credit Union | $435,000 | $1,105,000 | 154.0% | 0.7% |
| LAND HOME FINANCIAL SERVICES, INC. | $1,055,000 | n/a | 0.7% | |
| MOVEMENT MORTGAGE, LLC | $1,030,000 | n/a | 0.6% | |
| PNC Bank | $310,000 | $955,000 | 208.1% | 0.6% |
| Wells Fargo Bank | $3,185,000 | $910,000 | -71.4% | 0.6% |
| WASHINGTON STATE EMPLOYEES Credit Union | $2,775,000 | $770,000 | -72.3% | 0.5% |
| NEW DAY FINANCIAL, LLC | $750,000 | n/a | 0.5% | |
| GESA | $6,630,000 | $740,000 | -88.8% | 0.5% |
| CHURCHILL MORTGAGE CORPORATION | $135,000 | $695,000 | 414.8% | 0.4% |
| The Loan Store, Inc. | $675,000 | n/a | 0.4% | |
| Fidelity Bank | $665,000 | n/a | 0.4% | |
| ACADEMY MORTGAGE CORPORATION | $655,000 | n/a | 0.4% | |
| BAY EQUITY LLC | $590,000 | $640,000 | 8.5% | 0.4% |
| Flagstar Bank, FSB | $690,000 | $610,000 | -11.6% | 0.4% |
| Franklin Loan Corporation | $610,000 | n/a | 0.4% | |
| Plains Commerce Bank | $600,000 | n/a | 0.4% | |
| PLANET HOME LENDING, LLC | $600,000 | n/a | 0.4% | |
| AXIA FINANCIAL, LLC | $555,000 | n/a | 0.3% | |
| PHH Mortgage Corporation | $225,000 | $550,000 | 144.4% | 0.3% |
| Ixonia Bank | $1,655,000 | $520,000 | -68.6% | 0.3% |
| RBC Bank, (Georgia) | $155,000 | $455,000 | 193.5% | 0.3% |
| AmeriHome Mortgage Company, LLC | $435,000 | n/a | 0.3% | |
| CLEARPATH LENDING | $365,000 | $435,000 | 19.2% | 0.3% |
| FREEDOM MORTGAGE CORPORATION | $1,435,000 | $435,000 | -69.7% | 0.3% |
| Platinum Home Mortgage Corporation | $3,340,000 | $420,000 | -87.4% | 0.3% |
| Farmers Bank & Trust | $415,000 | n/a | 0.3% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $255,000 | $410,000 | 60.8% | 0.3% |
| EMBRACE HOME LOANS, INC. | $395,000 | n/a | 0.2% | |
| D. L. Evans Bank | $370,000 | n/a | 0.2% | |
| NATIONS DIRECT MORTGAGE, LLC | $365,000 | n/a | 0.2% | |
| CAPITAL EDUCATORS FEDERAL CREDIT UNION | $355,000 | n/a | 0.2% | |
| First Savings Bank | $665,000 | $355,000 | -46.6% | 0.2% |
| Hancock Whitney Bank | $355,000 | n/a | 0.2% | |
| MANN FINANCIAL INC. | $335,000 | n/a | 0.2% | |
| Century Mortgage Company DBA Century Lending Company | $325,000 | n/a | 0.2% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $325,000 | n/a | 0.2% | |
| Alaska USA Federal Credit Union | $305,000 | n/a | 0.2% | |
| ON Q FINANCIAL, INC. | $755,000 | $305,000 | -59.6% | 0.2% |
| Carrington Mortgage Services, LLC | $295,000 | n/a | 0.2% | |
| SUMMIT FUNDING, INC. | $4,810,000 | $295,000 | -93.9% | 0.2% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $290,000 | n/a | 0.2% | |
| PRIORITY HOME LENDING, LLC | $275,000 | n/a | 0.2% | |
| STANFORD Federal Credit Union | $255,000 | $245,000 | -3.9% | 0.2% |
| Bank of Idaho | $235,000 | n/a | 0.1% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $175,000 | $225,000 | 28.6% | 0.1% |
| Firefighters First Federal Credit Union | $205,000 | n/a | 0.1% | |
| Mr. Cooper ( Nationstar Mortgage ) | $265,000 | $195,000 | -26.4% | 0.1% |
| Bank of America | $1,005,000 | $190,000 | -81.1% | 0.1% |
| LADERA LENDING, INC. | $175,000 | n/a | 0.1% | |
| Northpointe Bank | $305,000 | $165,000 | -45.9% | 0.1% |
| CALIBER HOME LOANS, INC. | $1,805,000 | $155,000 | -91.4% | 0.1% |
| Wallick & Volk, Inc. | $150,000 | n/a | 0.1% | |
| Signature Federal Credit Union | $145,000 | n/a | 0.1% | |
| PENNYMAC LOAN SERVICES, LLC | $3,550,000 | $135,000 | -96.2% | 0.1% |
| HomeStreet Bank | $485,000 | $125,000 | -74.2% | 0.1% |
| Sunflower Bank | $1,640,000 | $125,000 | -92.4% | 0.1% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $115,000 | n/a | 0.1% | |
| LOANDEPOT.COM, LLC | $850,000 | $115,000 | -86.5% | 0.1% |
| GTE Federal Credit Union | $105,000 | n/a | 0.1% | |
| Discover Bank | $90,000 | n/a | 0.1% | |
| Northwest Farm Credit Services, FLCA | $75,000 | n/a | 0.0% | |
| SPOKANE TEACHERS | $665,000 | $70,000 | -89.5% | 0.0% |
| KeyBank | $730,000 | $55,000 | -92.5% | 0.0% |
| 21ST MORTGAGE CORPORATION | $45,000 | n/a | 0.0% | |
| Connexus Credit Union | $25,000 | n/a | 0.0% |
Moscow's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 25.2% market share. In second place, with 11.5%, is Zions Bank, having originated $18,420,000 in loans. In third place, with 7.1%, is CMG MORTGAGE, INC., having originated $11,385,000 in loans. In fourth place, with 6.9%, is IDAHO CENTRAL, having originated $11,105,000 in loans. In fifth place, with 5.7%, is Potlatch No. 1 Financial Credit Union, having originated $9,090,000 in loans.
Moscow, ID Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 303 | $114,135,000 | $376,683 |
| Home Improvement | 87 | $9,305,000 | $106,954 |
| Cash Out Refi | 72 | $16,750,000 | $232,639 |
| Other | 55 | $7,695,000 | $139,909 |
| Refi | 49 | $12,785,000 | $260,918 |
Moscow's most frequently cited loan purpose was Home Purchase, with 303 originations. The 2nd most popular reason was Home Improvement, with 87 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 220 | $76,600,000 | $348,182 |
| Over 8% | 140 | $23,130,000 | $165,214 |
| 7-8% | 105 | $30,765,000 | $293,000 |
| 5-6% | 86 | $28,000,000 | $325,581 |
| 4-5% | 4 | $630,000 | $157,500 |
During 2023, Moscow's most frequently originated rate bucket was 6-7%, with 220 originations.
Loan Sizing (Moscow, ID MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 231 | $70,565,000 | $305,476 |
| $100,000 or less | 123 | $7,005,000 | $56,951 |
| $100k-200k | 95 | $13,585,000 | $143,000 |
| $400k-600k | 88 | $41,980,000 | $477,045 |
| $600k-1000k | 20 | $14,120,000 | $706,000 |
| $Over $1MM | 9 | $13,415,000 | $1,490,556 |
Moscow's loan sizing saw the bucket of loans from $200k-400k with 231 originations, totaling $70,565,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 158 | $61,390,000 | $388,544 |
| 60-80% | 129 | $48,465,000 | $375,698 |
| Under 20% | 107 | $6,765,000 | $63,224 |
| 20-40% | 79 | $13,055,000 | $165,253 |
| 40-60% | 75 | $26,035,000 | $347,133 |
| Over 100% | 5 | $2,845,000 | $569,000 |
Moscow's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 158 originations, totaling $61,390,000 in origination value.