Mount Airy Mortgage Rates

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

30 Year Fixed Rate mortgages in Mount Airy averaged 6.06% for the week of 2022-06-30, compared to the national average of 5.7% for the same period.

The average rate for the prior week (2022-06-23) was 6.27% and one month ago for the week of 2022-05-26, the average rate was 5.36%.

Mount Airy's average rate one year ago was 3.46%.

For refis of the same type during the week of 2022-06-30, the average rate was 6.02%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Mount Airy 30 Year Fixed Rate 2022-06-30 6.06%
Mount Airy 30 Year Fixed Rate Refi 2022-06-30 6.02%
Mount Airy 15 Year Fixed Rate 2022-06-30 5.34%
Mount Airy 15 Year Fixed Rate Refi 2022-06-30 5.16%
Mount Airy 30 Year FHA 2022-06-30 6.16%
Mount Airy 30 Year FHA Refi 2022-06-30 5.8%
Mount Airy 30 Year USDA 2022-06-30 5.59%
Mount Airy 30 Year USDA Refi 2022-06-30 5.28%
Mount Airy 30 Year VA 2022-06-30 5.73%
Mount Airy 30 Year VA Refi 2022-06-30 5.63%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Mount Airy, NC.

Mount Airy Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Mount Airy, 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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
STATE EMPLOYEES' 119 3.31% $3,257
QUICKEN LOANS, LLC 77 3.10% $4,528
Truist Bank 41 2.99% $3,119
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 33 3.27% $3,859
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 31 3.12% $3,391
LOCAL GOVERNMENT FEDERAL CREDIT UNION 27 3.32% $3,266
First Reliance Bank 25 2.93% $4,669
Wells Fargo Bank 24 3.01% $3,186
EMM LOANS LLC 20 3.10% $5,823
Renasant Bank 18 3.22% $3,995
NATIONS DIRECT MORTGAGE, LLC 16 2.88% $4,724
MOVEMENT MORTGAGE, LLC 13 3.06% $3,576
LOANDEPOT.COM, LLC 12 3.24% $4,680
Blue Ridge Bank 11 3.32% $3,762
First-Citizens Bank & Trust Company 10 3.34% $3,909
HOME POINT FINANCIAL CORPORATION 10 3.06% $3,369
AMERISAVE MORTGAGE CORPORATION 10 2.81% $4,103
AgFirst Farm Credit Bank 10 3.19% $4,707
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 10 3.40% $4,591
OPEN MORTGAGE, LLC 9 3.44% $3,615
INTERCOASTAL MORTGAGE COMPANY 8 3.12% $3,332
First Community Bank 7 3.05% $3,559
First National Bank of Pennsylvania 7 2.88% $2,921
ALLEGACY FEDERAL CREDIT UNION 7 3.36% $4,095
PNC Bank 6 3.02% $4,192
HOMESIDE FINANCIAL, LLC 5 3.08% $3,134
Wyndham Capital Mortgage, Inc. 5 3.23% $2,165
Prosperity Home Mortgage, LLC 5 3.30% $4,744
TOWNE MORTGAGE COMPANY 4 3.25% $4,377
Truliant Federal Credit Union 4 3.16% $2,697
Mr. Cooper ( Nationstar Mortgage ) 4 3.22% $4,739
First Horizon Bank 4 3.28% $3,076
Piedmont Federal Savings Bank 4 3.00% $4,918
BROKER SOLUTIONS, INC. 4 3.05% $4,975
BETTER MORTGAGE CORPORATION 4 2.72% $2,492
EQUITY RESOURCES, INC. 3 3.04% $3,247
Bank of America 3 2.71% $6,264
Carrington Mortgage Services, LLC 3 3.92% $3,354
FIRST BANCORP, INC. 3 3.75% $3,212
GUARANTEED RATE, INC. 3 3.04% $3,470
JPMorgan Chase Bank 3 3.42% $1,680
NEWREZ LLC 3 3.00% $7,029
PENNYMAC LOAN SERVICES, LLC 3 3.21% $4,723
UNITED WHOLESALE MORTGAGE, LLC 3 2.92% $4,917
ZILLOW HOME LOANS, LLC 3 3.17% $4,211
ROYAL UNITED MORTGAGE LLC 2 3.63% $4,796
CORNERSTONE HOME LENDING, INC. 2 3.12% $2,966
Alpha Mortgage Corporation 2 3.19% $3,500
Allen Tate Mortgage Partners, LLC 2 3.00% $3,180
PENTAGON FEDERAL CREDIT UNION 2 3.13% $4,118
SPRING EQ, LLC 2 2.69% $0
Flagstar Bank, FSB 2 3.13% $4,844
CALIBER HOME LOANS, INC. 2 3.13% $6,289
Carolina Farm Credit, ACA 2 5.00% $7,088
Alcova Mortgage LLC 2 2.87% $1,687
TD Bank 2 2.75% $1,950
LATINO COMMUNITY CREDIT UNION 1 6.00% $3,999
LENDERFI, INC. 1 3.25% $1,757
LOANPAL, LLC 1 3.50% $3,070
COMPASS MORTGAGE, INC. 1 2.99% $3,694
MCLEAN MORTGAGE CORPORATION 1 3.13% $2,771
MICHIGAN MUTUAL, INC. 1 2.75% $4,053
Mid-Continent Funding, Inc. 1 3.13% $5,549
MORTGAGE ACCESS CORP. 1 3.25% $2,722
MORTGAGE FINANCIAL GROUP, INC. 1 3.13% $4,756
MORTGAGE INVESTORS GROUP, INC. 1 3.25% $2,965
Mortgage Network, Inc. 1 2.88% $2,894
Mortgage Research Center, LLC 1 3.13% $1,596
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 3.63% $4,613
Citizens Bank 1 2.88% $6,048
Citibank 1 3.50% $2,913
NASA Federal Credit Union 1 2.75% $2,781
Carter Bank & Trust 1 2.88% $2,691
Nations Lending Corporation 1 2.50% $4,950
NATIONWIDE MORTGAGE BANKERS, INC. 1 4.13% $3,704
NAVY FEDERAL CREDIT UNION 1 4.25% $3,030
NBKC BANK 1 3.25% $2,475
VANDERBILT MORTGAGE AND FINANCE, INC. 1 2.88% $2,562
Northpointe Bank 1 3.75% $5,290
OCEANSIDE MORTGAGE COMPANY 1 3.38% $1,143
Origin Bank 1 3.13% $1,370
Paramount Residential Mortgage Group, Inc. 1 3.38% $3,885
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 3.37% $3,122
POLARIS HOME FUNDING CORP. 1 3.50% $5,718
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 2.99% $3,755
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.88% $3,471
AmeriHome Mortgage Company, LLC 1 2.99% $3,679
AMERIFIRST FINANCIAL CORPORATION 1 4.13% $3,350
American Security Mortgage Corp. 1 3.00% $2,901
RESIDENTIAL MORTGAGE SERVICES, INC. 1 2.88% $3,353
RUOFF MORTGAGE COMPANY, INC. 1 2.88% $1,719
SOUTHERN TRUST MORTGAGE, LLC 1 2.88% $0
South State Bank 1 3.25% $3,506
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 2.88% $8,863
SUCCESS MORTGAGE PARTNERS, INC. 1 3.63% $4,526
T2 FINANCIAL LLC 1 3.25% $4,186
TEACHERS 1 3.00% $4,129
AMERICAN FINANCING CORPORATION 1 2.75% $5,022
Ally Bank 1 2.88% $2,527
TRUMARK FINANCIAL CREDIT UNION 1 3.75% $2,837
First Federal Savings and Loan Association of Lakewood 1 3.07% $2,408
FREEDOM MORTGAGE CORPORATION 1 2.75% $2,512
GUARANTEED RATE AFFINITY, LLC 1 2.99% $3,635
UNION HOME MORTGAGE CORP. 1 3.25% $4,471
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.24% $3,303
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 2.88% $3,563
FINANCE OF AMERICA MORTGAGE LLC 1 3.38% $3,120
Fifth Third Bank 1 2.75% $2,592
HOMESTAR FINANCIAL CORPORATION 1 3.13% $3,321
Hometown Lenders, Inc. 1 4.13% $3,504
IMPAC MORTGAGE CORP. 1 4.13% $2,313
Evolve Bank & Trust 1 4.13% $3,934
InterContinental Capital Group, Inc 1 3.38% $3,526
KELLER MORTGAGE, LLC 1 4.38% $1,970
LADERA LENDING, INC. 1 2.88% $5,433
LAKEVIEW LOAN SERVICING, LLC 1 3.38% $1,550

Mount Airy, NC's 116 lenders originated 2,183 loans during 2021. The total origination value was $361,695,000, with an average loan value of $165,687.

The top Mount Airy lender as defined by loan originations is STATE EMPLOYEES', with 119 loans originated. Their average total fees are $3,257, which is $1,271 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Mount Airy lenders (with over 10 loans originated) are Truist Bank ($3,119), Wells Fargo Bank ($3,186), STATE EMPLOYEES' ($3,257), LOCAL GOVERNMENT FEDERAL CREDIT UNION ($3,266) and HOME POINT FINANCIAL CORPORATION ($3,369).

The lowest rate Mount Airy lenders (with over 10 loans originated) are AMERISAVE MORTGAGE CORPORATION (2.81%), NATIONS DIRECT MORTGAGE, LLC (2.88%), First Reliance Bank (2.93%), Truist Bank (2.99%) and Wells Fargo Bank (3.01%).

Mount Airy, NC Lender 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
STATE EMPLOYEES' $33,765,000 $46,230,000 36.9% 12.8%
QUICKEN LOANS, LLC $25,745,000 $31,610,000 22.8% 8.7%
Truist Bank $17,930,000 $20,380,000 13.7% 5.6%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $8,595,000 $16,140,000 87.8% 4.5%
First National Bank of Pennsylvania $5,305,000 $12,810,000 141.5% 3.5%
NATIONS DIRECT MORTGAGE, LLC $950,000 $12,065,000 1,170.0% 3.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $11,705,000 $11,535,000 -1.5% 3.2%
ALLEGACY FEDERAL CREDIT UNION $11,290,000 $10,095,000 -10.6% 2.8%
First Reliance Bank $14,370,000 $8,730,000 -39.2% 2.4%
Wells Fargo Bank $6,325,000 $8,730,000 38.0% 2.4%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $6,645,000 $8,450,000 27.2% 2.3%
EMM LOANS LLC $9,830,000 $8,180,000 -16.8% 2.3%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $7,205,000 n/a 2.0%
Renasant Bank $5,510,000 $6,135,000 11.3% 1.7%
First-Citizens Bank & Trust Company $6,055,000 $5,905,000 -2.5% 1.6%
MOVEMENT MORTGAGE, LLC $3,915,000 $5,765,000 47.3% 1.6%
FREEDOM MORTGAGE CORPORATION $7,190,000 $5,555,000 -22.7% 1.5%
MID AMERICA MORTGAGE, INC. $4,565,000 $5,185,000 13.6% 1.4%
Mortgage Research Center, LLC $5,540,000 $4,795,000 -13.4% 1.3%
INTERCOASTAL MORTGAGE COMPANY $410,000 $4,780,000 1,065.9% 1.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $3,735,000 $4,290,000 14.9% 1.2%
LOANDEPOT.COM, LLC $1,550,000 $3,940,000 154.2% 1.1%
TOWNE MORTGAGE COMPANY $2,570,000 $3,875,000 50.8% 1.1%
Blue Ridge Bank $930,000 $3,795,000 308.1% 1.0%
AgFirst Farm Credit Bank $6,105,000 $3,575,000 -41.4% 1.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,340,000 $3,560,000 52.1% 1.0%
First Community Bank $1,700,000 $3,495,000 105.6% 1.0%
Pinnacle Bank $2,455,000 $3,420,000 39.3% 0.9%
PENNYMAC LOAN SERVICES, LLC $415,000 $3,410,000 721.7% 0.9%
Mr. Cooper ( Nationstar Mortgage ) $1,340,000 $3,365,000 151.1% 0.9%
AMERISAVE MORTGAGE CORPORATION $2,430,000 $3,260,000 34.2% 0.9%
PNC Bank $2,710,000 $3,055,000 12.7% 0.8%
OPEN MORTGAGE, LLC $3,710,000 $2,470,000 -33.4% 0.7%
First Carolina Bank $2,465,000 n/a 0.7%
NEWREZ LLC $1,360,000 $2,455,000 80.5% 0.7%
Carolina Farm Credit, ACA $2,215,000 $2,405,000 8.6% 0.7%
HOME POINT FINANCIAL CORPORATION $680,000 $2,300,000 238.2% 0.6%
BETTER MORTGAGE CORPORATION $850,000 $2,230,000 162.4% 0.6%
First Horizon Bank $3,975,000 $2,140,000 -46.2% 0.6%
Truliant Federal Credit Union $1,360,000 $2,105,000 54.8% 0.6%
FIRST BANCORP, INC. $380,000 $1,930,000 407.9% 0.5%
UNITED WHOLESALE MORTGAGE, LLC $960,000 $1,660,000 72.9% 0.5%
NAVY FEDERAL CREDIT UNION $1,455,000 $1,585,000 8.9% 0.4%
EQUITY RESOURCES, INC. $1,425,000 n/a 0.4%
Piedmont Federal Savings Bank $1,835,000 $1,350,000 -26.4% 0.4%
Carrington Mortgage Services, LLC $2,560,000 $1,310,000 -48.8% 0.4%
Bank of America $955,000 $1,275,000 33.5% 0.4%
BROKER SOLUTIONS, INC. $485,000 $1,275,000 162.9% 0.4%
CALIBER HOME LOANS, INC. $1,280,000 $1,210,000 -5.5% 0.3%
HOMESIDE FINANCIAL, LLC $480,000 $1,210,000 152.1% 0.3%
LAKEVIEW LOAN SERVICING, LLC $1,025,000 $1,120,000 9.3% 0.3%
Wyndham Capital Mortgage, Inc. $885,000 $1,070,000 20.9% 0.3%
HOMESTEAD FUNDING CORP. $760,000 $1,045,000 37.5% 0.3%
GUARANTEED RATE, INC. $945,000 $1,020,000 7.9% 0.3%
Prosperity Home Mortgage, LLC $675,000 $965,000 43.0% 0.3%
CHURCHILL MORTGAGE CORPORATION $895,000 $955,000 6.7% 0.3%
JPMorgan Chase Bank $115,000 $955,000 730.4% 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $1,410,000 $935,000 -33.7% 0.3%
PENTAGON FEDERAL CREDIT UNION $490,000 $930,000 89.8% 0.3%
Nations Lending Corporation $330,000 $865,000 162.1% 0.2%
U.S. Bank $795,000 $845,000 6.3% 0.2%
Northpointe Bank $125,000 $810,000 548.0% 0.2%
Manufacturers and Traders Trust Company $180,000 $765,000 325.0% 0.2%
NEW DAY FINANCIAL, LLC $1,175,000 $760,000 -35.3% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $195,000 $755,000 287.2% 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $195,000 $745,000 282.1% 0.2%
SPRING EQ, LLC $700,000 n/a 0.2%
Citizens Bank $840,000 $690,000 -17.9% 0.2%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $175,000 $675,000 285.7% 0.2%
Ameris Bank $775,000 $675,000 -12.9% 0.2%
LOANPAL, LLC $220,000 $660,000 200.0% 0.2%
UNION HOME MORTGAGE CORP. $1,140,000 $620,000 -45.6% 0.2%
USAA Federal Savings Bank $2,585,000 $610,000 -76.4% 0.2%
ZILLOW HOME LOANS, LLC $600,000 n/a 0.2%
CORNERSTONE HOME LENDING, INC. $755,000 $580,000 -23.2% 0.2%
CLEARPATH LENDING $865,000 $575,000 -33.5% 0.2%
Ally Bank $545,000 n/a 0.2%
Flagstar Bank, FSB $950,000 $540,000 -43.2% 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $145,000 $520,000 258.6% 0.1%
RESIDENTIAL MORTGAGE SERVICES, INC. $145,000 $500,000 244.8% 0.1%
ROYAL UNITED MORTGAGE LLC $600,000 $495,000 -17.5% 0.1%
Skyline National Bank $170,000 $495,000 191.2% 0.1%
VILLAGE CAPITAL & INVESTMENT LLC $275,000 $490,000 78.2% 0.1%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $85,000 $480,000 464.7% 0.1%
RAPID MORTGAGE COMPANY $475,000 n/a 0.1%
Alcova Mortgage LLC $265,000 $455,000 71.7% 0.1%
Alpha Mortgage Corporation $455,000 n/a 0.1%
LENDERFI, INC. $450,000 n/a 0.1%
BNC National Bank $445,000 n/a 0.1%
South State Bank $445,000 n/a 0.1%
Hometown Lenders, Inc. $405,000 $435,000 7.4% 0.1%
LENDINGHOME FUNDING CORPORATION $425,000 n/a 0.1%
NFM, INC. $340,000 $420,000 23.5% 0.1%
Barrington Bank & Trust Company, N.A. $410,000 $415,000 1.2% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $410,000 n/a 0.1%
The Federal Savings Bank $1,100,000 $410,000 -62.7% 0.1%
Stifel Bank and Trust $405,000 n/a 0.1%
Allen Tate Mortgage Partners, LLC $190,000 $390,000 105.3% 0.1%
AMERICAN FINANCING CORPORATION $1,290,000 $380,000 -70.5% 0.1%
LADERA LENDING, INC. $265,000 $375,000 41.5% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $165,000 $340,000 106.1% 0.1%
TD Bank $330,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $320,000 n/a 0.1%
First Guaranty Mortgage Corporation $155,000 $305,000 96.8% 0.1%
TEACHERS $305,000 n/a 0.1%
Capital Bank $285,000 n/a 0.1%
First Federal Savings and Loan Association of Lakewood $155,000 $285,000 83.9% 0.1%
Wolfe Financial, Inc $265,000 $285,000 7.5% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $440,000 $280,000 -36.4% 0.1%
SUMMIT FUNDING, INC. $275,000 n/a 0.1%
LATINO COMMUNITY CREDIT UNION $220,000 $270,000 22.7% 0.1%
Colten Mortgage, LLC $260,000 n/a 0.1%
HAMILTON HOME LOANS, INC. $340,000 $260,000 -23.5% 0.1%
MCLEAN MORTGAGE CORPORATION $255,000 n/a 0.1%
Southern First Bank $255,000 n/a 0.1%
TJC Mortgage, Inc. $255,000 n/a 0.1%
UNITED SECURITY FINANCIAL CORP $255,000 n/a 0.1%
OCEANSIDE MORTGAGE COMPANY $250,000 n/a 0.1%
Carter Bank & Trust $2,425,000 $235,000 -90.3% 0.1%
Cf Bank $255,000 $235,000 -7.8% 0.1%
MORTGAGE ACCESS CORP. $235,000 n/a 0.1%
GoPrime Mortgage, Inc. $230,000 n/a 0.1%
GUARANTEED RATE AFFINITY, LLC $225,000 n/a 0.1%
T2 FINANCIAL LLC $225,000 n/a 0.1%
AMERICAN ADVISORS GROUP $50,000 $220,000 340.0% 0.1%
COMPASS MORTGAGE, INC. $215,000 n/a 0.1%
CONTOUR MORTGAGE CORPORATION $215,000 n/a 0.1%
HOMESTAR FINANCIAL CORPORATION $215,000 n/a 0.1%
First Home Bank $265,000 $205,000 -22.6% 0.1%
AMERIFIRST FINANCIAL CORPORATION $575,000 $195,000 -66.1% 0.1%
FirstBank $195,000 n/a 0.1%
MICHIGAN MUTUAL, INC. $195,000 n/a 0.1%
NATIONWIDE MORTGAGE BANKERS, INC. $195,000 n/a 0.1%
RUOFF MORTGAGE COMPANY, INC. $190,000 n/a 0.1%
CAPITAL CENTER, L.L.C. $185,000 n/a 0.1%
United Community Bank $125,000 $185,000 48.0% 0.1%
Lakeview Community Capital, LLC $175,000 n/a 0.0%
Mid-Continent Funding, Inc. $325,000 $175,000 -46.2% 0.0%
NBKC BANK $245,000 $175,000 -28.6% 0.0%
PHH Mortgage Corporation $225,000 $175,000 -22.2% 0.0%
POLARIS HOME FUNDING CORP. $175,000 n/a 0.0%
COASTAL Federal Credit Union $145,000 $170,000 17.2% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $105,000 $165,000 57.1% 0.0%
CMG MORTGAGE, INC. $195,000 $165,000 -15.4% 0.0%
American Security Mortgage Corp. $350,000 $145,000 -58.6% 0.0%
Deere Employees Credit Union $220,000 $145,000 -34.1% 0.0%
RELIANCE FIRST CAPITAL, LLC $145,000 n/a 0.0%
SOUTHERN TRUST MORTGAGE, LLC $145,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $275,000 $145,000 -47.3% 0.0%
Citibank $230,000 $140,000 -39.1% 0.0%
EVERETT FINANCIAL, INC. $135,000 n/a 0.0%
FINANCE OF AMERICA MORTGAGE LLC $265,000 $135,000 -49.1% 0.0%
MORTGAGE INVESTORS GROUP, INC. $135,000 n/a 0.0%
Towne Mortgage of the Carolinas, LLC $135,000 n/a 0.0%
Fifth Third Bank $185,000 $125,000 -32.4% 0.0%
IMPAC MORTGAGE CORP. $125,000 n/a 0.0%
Paramount Residential Mortgage Group, Inc. $125,000 n/a 0.0%
Evolve Bank & Trust $315,000 $115,000 -63.5% 0.0%
FIRST COMMUNITY MORTGAGE, INC. $135,000 $115,000 -14.8% 0.0%
GENEVA FINANCIAL, LLC $115,000 n/a 0.0%
KELLER MORTGAGE, LLC $835,000 $115,000 -86.2% 0.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $115,000 n/a 0.0%
CERTAINTY HOME LOANS, LLC $215,000 $105,000 -51.2% 0.0%
Origin Bank $105,000 n/a 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $105,000 n/a 0.0%
HomeTrust Bank $95,000 n/a 0.0%
InterContinental Capital Group, Inc $500,000 $95,000 -81.0% 0.0%
PLANET HOME LENDING, LLC $355,000 $95,000 -73.2% 0.0%
Figure Lending LLC $45,000 $85,000 88.9% 0.0%
NASA Federal Credit Union $85,000 n/a 0.0%
TRUMARK FINANCIAL CREDIT UNION $85,000 n/a 0.0%
City National Bank $75,000 n/a 0.0%
Discover Bank $75,000 n/a 0.0%
MORTGAGE FINANCIAL GROUP, INC. $75,000 n/a 0.0%
Mortgage Network, Inc. $75,000 n/a 0.0%
PIEDMONT ADVANTAGE CREDIT UNION $105,000 $45,000 -57.1% 0.0%

Mount Airy's top lender by overall market share is STATE EMPLOYEES', with 12.8% market share. In second place, with 8.7%, is QUICKEN LOANS, LLC, having originated $31,610,000 in loans. In third place, with 5.6%, is Truist Bank, having originated $20,380,000 in loans. In third place, with 4.5%, is ATLANTIC BAY MORTGAGE GROUP, L.L.C., having originated $16,140,000 in loans. In third place, with 3.5%, is First National Bank of Pennsylvania, having originated $12,810,000 in loans.


Mount Airy, NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Refi 851 $140,655,000 $165,282
Home Purchase 805 $155,585,000 $193,273
Cash Out Refi 273 $46,775,000 $171,337
Other 165 $11,715,000 $71,000
Home Improvement 89 $6,965,000 $78,258

Mount Airy's most frequently cited loan purpose was Refi, with 851 originations. The 2nd most popular reason was Home Purchase, with 805 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 951 $150,335,000 $158,081
3-4% 756 $128,350,000 $169,775
<2.5% 327 $55,945,000 $171,086
4-5% 87 $12,275,000 $141,092
5-6% 16 $1,620,000 $101,250
Over 8% 14 $1,590,000 $113,571
6-7% 9 $895,000 $99,444
7-8% 5 $415,000 $83,000

During 2021, Mount Airy's most frequently originated rate bucket was 2.5-3%, with 951 originations.

Loan Sizing (Mount Airy, NC MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,006 $145,210,000 $144,344
$100,000 or less 617 $39,025,000 $63,250
$200k-400k 488 $129,910,000 $266,209
$400k-600k 60 $28,190,000 $469,833
$600k-1000k 9 $6,435,000 $715,000
$Over $1MM 3 $12,925,000 $4,308,333

Mount Airy's loan sizing saw the bucket of loans from $100k-200k with 1,006 originations, totaling $145,210,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 817 $155,425,000 $190,239
60-80% 667 $126,435,000 $189,558
40-60% 308 $40,110,000 $130,227
20-40% 195 $14,825,000 $76,026
Under 20% 129 $4,365,000 $33,837
Over 100% 19 $3,495,000 $183,947

Mount Airy's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 817 originations, totaling $155,425,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Mount Airy (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 $156,950 (-1.6%) $263,445 (12.4%) 0.00 255
2018-02-01 $151,950 (-1.7%) $273,982 (20.8%) 0.00 258
2018-03-01 $184,900 (22.1%) $291,265 (27.8%) 0.00 256
2018-04-01 $191,380 (19.7%) $302,067 (25.0%) 0.00 249
2018-05-01 $219,450 (29.2%) $312,473 (25.7%) 0.00 244
2018-06-01 $199,900 (16.0%) $296,693 (15.8%) 0.00 247
2018-07-01 $187,000 (4.0%) $271,579 (4.2%) 0.00 254
2018-08-01 $168,900 (-7.9%) $240,600 (-7.9%) 0.00 192
2018-09-01 $199,900 (11.7%) $260,096 (-6.7%) 0.00 175
2018-10-01 $186,200 (9.6%) $252,107 (-8.4%) 0.00 175
2018-11-01 $194,900 (14.7%) $258,802 (-5.5%) 0.00 164
2018-12-01 $183,900 (3.4%) $268,499 (-2.5%) 0.00 144
2019-01-01 $183,900 (17.2%) $272,788 (3.6%) 0.00 139
2019-02-01 $192,000 (26.4%) $271,455 (-0.9%) 0.00 138
2019-03-01 $212,471 (14.9%) $280,936 (-3.6%) 0.00 139
2019-04-01 $215,471 (12.6%) $285,928 (-5.3%) 0.00 140
2019-05-01 $199,950 (-8.9%) $287,097 (-8.1%) 0.00 139
2019-06-01 $199,900 (0.0%) $294,697 (-0.7%) 0.00 146
2019-07-01 $199,950 (6.9%) $271,964 (0.1%) 0.00 167
2019-08-01 $195,614 (15.8%) $262,740 (9.2%) 0.00 168
2019-09-01 $189,900 (-5.0%) $264,899 (1.9%) 0.00 164
2019-10-01 $204,450 (9.8%) $281,548 (11.7%) 0.00 160
2019-11-01 $199,999 (2.6%) $305,769 (18.2%) 0.00 156
2019-12-01 $204,900 (11.4%) $298,346 (11.1%) 0.00 141
2020-01-01 $187,200 (1.8%) $296,468 (8.7%) 0.00 136
2020-02-01 $185,000 (-3.7%) $280,096 (3.2%) 0.00 135
2020-03-01 $199,900 (-5.9%) $288,487 (2.7%) 0.00 122
2020-04-01 $217,400 (0.9%) $300,819 (5.2%) 0.00 126
2020-05-01 $229,000 (14.5%) $309,770 (7.9%) 0.00 111
2020-06-01 $244,900 (22.5%) $339,373 (15.2%) 0.00 109
2020-07-01 $240,950 (20.5%) $322,488 (18.6%) 0.00 116
2020-08-01 $229,900 (17.5%) $336,042 (27.9%) 0.00 110
2020-09-01 $256,950 (35.3%) $348,775 (31.7%) 0.00 112
2020-10-01 $269,000 (31.6%) $367,360 (30.5%) 0.00 111
2020-11-01 $249,900 (25.0%) $362,147 (18.4%) 0.00 109
2020-12-01 $221,950 (8.3%) $346,491 (16.1%) 0.00 92
2021-01-01 $249,000 (33.0%) $384,903 (29.8%) 0.00 70
2021-02-01 $332,450 (79.7%) $410,663 (46.6%) 0.00 65
2021-03-01 $316,950 (58.6%) $397,001 (37.6%) 0.00 59
2021-04-01 $282,950 (30.2%) $394,966 (31.3%) 0.00 59
2021-05-01 $259,900 (13.5%) $380,083 (22.7%) 0.00 67
2021-06-01 $287,450 (17.4%) $390,745 (15.1%) 0.00 74
2021-07-01 $299,450 (24.3%) $415,150 (28.7%) 0.00 81
2021-08-01 $282,200 (22.8%) $385,923 (14.8%) 0.00 90
2021-09-01 $269,950 (5.1%) $386,557 (10.8%) 0.00 90
2021-10-01 $275,000 (2.2%) $392,673 (6.9%) 0.00 88
2021-11-01 $223,500 (-10.6%) $329,527 (-9.0%) 0.00 81
2021-12-01 $212,450 (-4.3%) $313,925 (-9.4%) 0.00 72
2022-01-01 $227,000 (-8.8%) $315,858 (-17.9%) 0.00 55
2022-02-01 $232,450 (-30.1%) $321,149 (-21.8%) 0.00 52
2022-03-01 $229,900 (-27.5%) $344,352 (-13.3%) 0.00 43
2022-04-01 $215,000 (-24.0%) $311,167 (-21.2%) 0.00 41
2022-05-01 $224,450 (-13.6%) $316,748 (-16.7%) 0.00 43
2022-06-01 $262,400 (-8.7%) $344,774 (-11.8%) 0.00 66
Mount Airy's median listing price for 2022-06-01 was $262,400, a difference of $-25,050 (-8.7%) versus the prior year and $37,950 versus the prior month.

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

Mount Airy's average listing price for 2022-06-01 was $344,774, a difference of $-45,971 (-11.8%) versus the prior year and $28,026 versus the prior month.

For the 2022-06-01 period, Mount Airy had 66 MLS listings, a difference of 23 listings (53%) versus the prior month and -8 listings (-11%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Mount Airy (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,521 sqft
2018-02-01 0 days 1,663 sqft
2018-03-01 0 days 1,818 sqft
2018-04-01 0 days 1,883 sqft
2018-05-01 0 days 2,015 sqft
2018-06-01 0 days 1,948 sqft
2018-07-01 0 days 1,900 sqft
2018-08-01 0 days 1,947 sqft
2018-09-01 0 days 2,050 sqft
2018-10-01 0 days 2,017 sqft
2018-11-01 0 days 2,025 sqft
2018-12-01 0 days 2,000 sqft
2019-01-01 0 days 1,994 sqft
2019-02-01 0 days 2,069 sqft
2019-03-01 0 days 2,418 sqft
2019-04-01 0 days 2,849 sqft
2019-05-01 0 days 2,849 sqft
2019-06-01 0 days 2,128 sqft
2019-07-01 0 days 2,128 sqft
2019-08-01 0 days 2,083 sqft
2019-09-01 0 days 2,024 sqft
2019-10-01 0 days 2,084 sqft
2019-11-01 0 days 2,084 sqft
2019-12-01 0 days 1,993 sqft
2020-01-01 0 days 1,985 sqft
2020-02-01 0 days 1,985 sqft
2020-03-01 0 days 1,902 sqft
2020-04-01 0 days 2,619 sqft
2020-05-01 0 days 3,145 sqft
2020-06-01 0 days 3,832 sqft
2020-07-01 0 days 2,024 sqft
2020-08-01 0 days 2,343 sqft
2020-09-01 0 days 2,431 sqft
2020-10-01 0 days 2,470 sqft
2020-11-01 0 days 2,527 sqft
2020-12-01 0 days 2,219 sqft
2021-01-01 0 days 2,392 sqft
2021-02-01 0 days 3,484 sqft
2021-03-01 0 days 2,107 sqft
2021-04-01 0 days 2,107 sqft
2021-05-01 0 days 2,500 sqft
2021-06-01 0 days 2,422 sqft
2021-07-01 0 days 3,022 sqft
2021-08-01 0 days 4,086 sqft
2021-09-01 0 days 3,540 sqft
2021-10-01 0 days 3,530 sqft
2021-11-01 0 days 3,530 sqft
2021-12-01 0 days 2,056 sqft
2022-01-01 0 days 2,056 sqft
2022-02-01 0 days 2,883 sqft
2022-03-01 0 days 1,774 sqft
2022-04-01 0 days 2,683 sqft
2022-05-01 0 days 4,296 sqft
2022-06-01 0 days 5,940 sqft
Mount Airy's median listing age (time on market) for 2022-06-01 was 0 days.

Mount Airy's median square footage for active listings during the 2022-06-01 period was 5,940 sqft. One year prior, the average listing was 2,422 sqft.