NEW BERN Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in New Bern averaged 6.95% for the week of 2024-06-06, compared to the national average of 6.99% for the same period.

The average rate for the prior week (2024-05-30) was 6.99% and one month ago for the week of 2024-05-02, the average rate was 7.28%.

New Bern's average rate one year ago was 6.75%.

For refis of the same type during the week of 2024-06-06, the average rate was 6.99%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-06-06 6.99%
New Bern 30 Year Fixed Rate 2024-06-06 6.95%
New Bern 30 Year Fixed Rate Refi 2024-06-06 6.99%
New Bern 15 Year Fixed Rate 2024-06-06 6.49%
New Bern 15 Year Fixed Rate Refi 2024-06-06 6.69%
New Bern 30 Year FHA 2024-06-06 6.41%
New Bern 30 Year FHA Refi 2024-06-06 6.69%
New Bern 30 Year USDA 2024-06-06 6.5%
New Bern 30 Year USDA Refi 2024-06-06 6.6%
New Bern 30 Year VA 2024-06-06 6.44%
New Bern 30 Year VA Refi 2024-06-06 6.49%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within NEW BERN, NC.

NEW BERN 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 NEW BERN, 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
STATE EMPLOYEES' 89 5.91% $3,985
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 86 7.06% $6,507
First-Citizens Bank & Trust Company 68 6.50% $4,654
QUICKEN LOANS, LLC 66 6.81% $7,726
GUARANTEED RATE, INC. 54 6.74% $5,895
MOVEMENT MORTGAGE, LLC 47 6.74% $5,341
DHI MORTGAGE COMPANY, LTD. 29 5.51% $2,420
NAVY FEDERAL CREDIT UNION 26 6.94% $3,545
Truist 21 6.46% $4,246
Wells Fargo Bank 17 7.04% $4,794
PNC Bank 16 6.53% $5,223
JPMorgan Chase Bank 12 6.84% $2,424
UNION HOME MORTGAGE CORP. 10 7.44% $4,586
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 6.94% $4,861
UNITED WHOLESALE MORTGAGE, LLC 8 7.36% $8,468
American Security Mortgage Corp. 8 6.39% $4,858
LOCAL GOVERNMENT FEDERAL CREDIT UNION 7 5.84% $3,269
INTERCOASTAL MORTGAGE COMPANY 7 7.29% $4,409
Corporate Investors Mortgage Group, Inc. 7 6.88% $3,588
Mortgage Research Center, LLC 6 6.93% $7,823
LOANDEPOT.COM, LLC 6 6.52% $5,042
Bank of America 6 6.69% $3,859
CORNERSTONE HOME LENDING, INC. 5 7.32% $4,723
Towne Bank 5 6.68% $5,443
NEWREZ LLC 5 7.30% $8,422
PENTAGON FEDERAL CREDIT UNION 4 6.44% $5,490
PENNYMAC LOAN SERVICES, LLC 4 7.22% $6,181
RAPID MORTGAGE COMPANY 4 6.81% $5,802
AgCarolina Farm Credit, FLCA 4 8.20% $7,862
TD Bank 4 6.46% $3,858
First National Bank of Pennsylvania 4 5.88% $5,134
United Bank 4 6.31% $4,130
COASTAL Federal Credit Union 4 6.38% $3,187
USAA Federal Savings Bank 3 6.75% $4,646
MUTUAL OF OMAHA MORTGAGE, INC. 3 6.67% $4,209
WEYCO COMMUNITY CREDIT UNION 3 4.87% $3,323
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 7.17% $6,067
GUILD MORTGAGE COMPANY 3 7.29% $5,784
CROSSCOUNTRY MORTGAGE, LLC 3 7.00% $5,792
HOMESIDE FINANCIAL, LLC 3 6.25% $4,782
RELIANCE FIRST CAPITAL, LLC 3 7.04% $6,239
CMG MORTGAGE, INC. 3 6.08% $7,720
Fifth Third Bank 2 7.25% $4,050
Regions Bank 2 7.13% $5,191
PROVIDENT FUNDING ASSOCIATES, L.P. 2 6.69% $3,537
AMERISAVE MORTGAGE CORPORATION 2 5.87% $7,745
Morgan Stanley Private Bank 2 5.83% $4,316
Northpointe Bank 2 7.12% $8,495
NFM, INC. 2 7.00% $4,545
NBKC BANK 2 6.88% $4,350
Alcova Mortgage LLC 2 6.31% $2,292
Citibank 2 7.44% $5,965
American Mortgage & Equity Consultants, Inc. 2 7.06% $6,566
CARDINAL FINANCIAL 2 6.25% $7,280
FREEDOM MORTGAGE CORPORATION 2 6.75% $6,578
SUCCESS MORTGAGE PARTNERS, INC. 2 7.06% $5,401
Southern Bank and Trust Company 2 6.75% $2,917
U.S. Bank 2 7.18% $3,031
Waterstone Mortgage Corporation 2 6.94% $5,694
First Bank 2 7.06% $3,440
Wyndham Capital Mortgage, Inc. 2 6.63% $4,803
ZILLOW HOME LOANS, LLC 1 6.88% $3,307
21ST MORTGAGE CORPORATION 1 7.05% $4,957
AMERICAN FEDERAL MORTGAGE CORPORATION 1 6.50% $3,085
AMERICAN FINANCING CORPORATION 1 6.88% $7,311
AMERICAN HERITAGE FCU 1 6.38% $3,487
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 8.38% $7,650
Ameris Bank 1 7.38% $9,124
ARC HOME LLC 1 7.38% $9,435
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.88% $4,112
Axos Bank 1 6.38% $1,832
Bell Bank 1 5.99% $3,962
BM Real Estate Services, Inc. 1 7.25% $5,769
Charles Schwab Bank, SSB 1 6.18% $3,096
CHURCHILL MORTGAGE CORPORATION 1 7.13% $6,778
COMMUNITYAMERICA 1 6.13% $2,896
Discover Bank 1 7.24% $0
EMM LOANS LLC 1 6.99% $8,222
FIDELITY BANK 1 6.63% $4,735
FirstBank 1 6.63% $12,264
FIRST HOME MORTGAGE CORPORATION 1 6.49% $6,079
First Horizon Bank 1 5.75% $5,659
First United Bank and Trust Company 1 6.38% $9,259
F & M BANK CORP. 1 5.63% $8,663
HOWARD HANNA FINANCIAL SERVICES, INC. 1 6.05% $4,083
Integrity Home Mortgage Corp 1 7.63% $6,804
ISERVE RESIDENTIAL LENDING, LLC 1 6.99% $6,638
Mortgage Assurance Inc. 1 6.63% $9,882
Mr. Cooper ( Nationstar Mortgage ) 1 6.38% $3,145
NATIONS DIRECT MORTGAGE, LLC 1 5.99% $8,551
Paramount Residential Mortgage Group, Inc. 1 7.63% $4,337
PHH Mortgage Corporation 1 6.50% $3,781
PREMIER LENDING, INC. 1 7.25% $5,200
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.63% $7,719
Prosperity Home Mortgage, LLC 1 8.13% $10,990
S1L, Inc. 1 7.75% $5,940
Semper Home Loans, Inc. 1 6.63% $4,336
SOUTHERN TRUST MORTGAGE, LLC 1 7.00% $3,032
Stifel Bank and Trust 1 7.63% $3,273
T2 FINANCIAL LLC 1 6.99% $4,057
The Fidelity Bank 1 6.50% $3,691
The Huntington National Bank 1 8.00% $4,587
THRIVE MORTGAGE, LLC 1 6.00% $8,896
Truliant Federal Credit Union 1 6.25% $2,924
Union Savings Bank 1 5.25% $6,701
United Community Bank 1 6.38% $4,522
Uwharrie Bank 1 6.88% $4,203
VANDERBILT MORTGAGE AND FINANCE, INC. 1 7.75% $5,939
VELOCIO MORTGAGE L.L.C. 1 6.50% $9,398
1st Summit Bank 1 5.99% $6,532

NEW BERN Average Closing Costs & Other Stats

NEW BERN, NC's 110 lenders originated 2,876 loans during 2023. The total origination value was $600,500,000, with an average loan value of $208,797.

NEW BERN's average closing costs are $4,858.

The top NEW BERN lender as defined by loan originations is STATE EMPLOYEES', with 89 loans originated. Their average total fees are $3,985, which is $2,523 lower than the next largest lender, ATLANTIC BAY MORTGAGE GROUP, L.L.C..

The lowest fee NEW BERN lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($2,420), JPMorgan Chase Bank ($2,424), NAVY FEDERAL CREDIT UNION ($3,545), STATE EMPLOYEES' ($3,985) and Truist ($4,246).

The lowest rate NEW BERN lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.51%), STATE EMPLOYEES' (5.91%), Truist (6.46%), First-Citizens Bank & Trust Company (6.50%) and PNC Bank (6.53%).

NEW BERN, 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
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $70,595,000 $63,255,000 -10.4% 10.5%
First-Citizens Bank & Trust Company $65,470,000 $47,730,000 -27.1% 7.9%
NAVY FEDERAL CREDIT UNION $56,605,000 $43,765,000 -22.7% 7.3%
STATE EMPLOYEES' $57,840,000 $38,090,000 -34.1% 6.3%
GUARANTEED RATE, INC. $41,245,000 $35,210,000 -14.6% 5.9%
QUICKEN LOANS, LLC $53,110,000 $33,390,000 -37.1% 5.6%
MOVEMENT MORTGAGE, LLC $46,655,000 $27,810,000 -40.4% 4.6%
Mortgage Research Center, LLC $42,505,000 $27,325,000 -35.7% 4.6%
Truist $35,320,000 $20,090,000 -43.1% 3.3%
DHI MORTGAGE COMPANY, LTD. $40,040,000 $18,835,000 -53.0% 3.1%
UNITED WHOLESALE MORTGAGE, LLC $12,005,000 $17,045,000 42.0% 2.8%
First National Bank of Pennsylvania $35,610,000 $9,555,000 -73.2% 1.6%
PNC Bank $17,960,000 $8,660,000 -51.8% 1.4%
PENNYMAC LOAN SERVICES, LLC $7,625,000 $7,680,000 0.7% 1.3%
Wells Fargo Bank $17,765,000 $6,875,000 -61.3% 1.1%
FREEDOM MORTGAGE CORPORATION $14,580,000 $6,750,000 -53.7% 1.1%
American Security Mortgage Corp. $9,965,000 $6,545,000 -34.3% 1.1%
INTERCOASTAL MORTGAGE COMPANY $3,450,000 $5,535,000 60.4% 0.9%
USAA Federal Savings Bank $7,010,000 $5,410,000 -22.8% 0.9%
Bank of America $6,765,000 $4,730,000 -30.1% 0.8%
LOANDEPOT.COM, LLC $10,055,000 $4,590,000 -54.4% 0.8%
Corporate Investors Mortgage Group, Inc. $790,000 $4,580,000 479.7% 0.8%
Southern Bank and Trust Company $5,205,000 $4,365,000 -16.1% 0.7%
CROSSCOUNTRY MORTGAGE, LLC $3,700,000 $4,280,000 15.7% 0.7%
NEW DAY FINANCIAL, LLC $4,535,000 $4,055,000 -10.6% 0.7%
JPMorgan Chase Bank $4,495,000 $3,975,000 -11.6% 0.7%
NEWREZ LLC $1,550,000 $3,945,000 154.5% 0.7%
21ST MORTGAGE CORPORATION $3,240,000 $3,685,000 13.7% 0.6%
GUILD MORTGAGE COMPANY $4,790,000 $3,655,000 -23.7% 0.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $7,595,000 $3,405,000 -55.2% 0.6%
UNION HOME MORTGAGE CORP. $12,410,000 $3,245,000 -73.9% 0.5%
United Bank $8,745,000 $3,240,000 -63.0% 0.5%
PENTAGON FEDERAL CREDIT UNION $3,715,000 $2,975,000 -19.9% 0.5%
The Federal Savings Bank $2,685,000 $2,810,000 4.7% 0.5%
Towne Bank $2,275,000 $2,435,000 7.0% 0.4%
TD Bank $285,000 $2,390,000 738.6% 0.4%
CMG MORTGAGE, INC. $2,355,000 $2,305,000 -2.1% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $5,110,000 $2,305,000 -54.9% 0.4%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $14,385,000 $2,285,000 -84.1% 0.4%
CARDINAL FINANCIAL $3,060,000 $2,185,000 -28.6% 0.4%
Merchants Capital Corp. $2,185,000 n/a 0.4%
CORNERSTONE HOME LENDING, INC. $2,890,000 $2,110,000 -27.0% 0.4%
AMERISAVE MORTGAGE CORPORATION $4,330,000 $2,015,000 -53.5% 0.3%
Nations Lending Corporation $865,000 $2,005,000 131.8% 0.3%
Morgan Stanley Private Bank $680,000 $1,960,000 188.2% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $850,000 $1,895,000 122.9% 0.3%
COASTAL Federal Credit Union $800,000 $1,760,000 120.0% 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,550,000 $1,650,000 -35.3% 0.3%
AgCarolina Farm Credit, FLCA $660,000 $1,495,000 126.5% 0.2%
FIRST FLIGHT FEDERAL CREDIT UNION $2,745,000 $1,460,000 -46.8% 0.2%
VILLAGE CAPITAL MORTGAGE $525,000 $1,405,000 167.6% 0.2%
First Bank $3,635,000 $1,330,000 -63.4% 0.2%
Truliant Federal Credit Union $600,000 $1,300,000 116.7% 0.2%
Citizens Bank $1,300,000 $1,265,000 -2.7% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $705,000 $1,180,000 67.4% 0.2%
Discover Bank $595,000 $1,160,000 95.0% 0.2%
Paramount Residential Mortgage Group, Inc. $290,000 $1,150,000 296.6% 0.2%
Regions Bank $2,375,000 $1,055,000 -55.6% 0.2%
Citibank $1,050,000 n/a 0.2%
EMM LOANS LLC $205,000 $1,020,000 397.6% 0.2%
PLAZA HOME MORTGAGE, INC. $500,000 $1,020,000 104.0% 0.2%
RELIANCE FIRST CAPITAL, LLC $1,470,000 $1,020,000 -30.6% 0.2%
Integrity Home Mortgage Corp $970,000 n/a 0.2%
Plains Commerce Bank $945,000 n/a 0.2%
NFM, INC. $690,000 $875,000 26.8% 0.1%
Fifth Third Bank $1,640,000 $855,000 -47.9% 0.1%
Barrington Bank & Trust Company, N.A. $1,230,000 $850,000 -30.9% 0.1%
SWBC MORTGAGE CORPORATION $115,000 $850,000 639.1% 0.1%
VELOCIO MORTGAGE L.L.C. $835,000 n/a 0.1%
RAPID MORTGAGE COMPANY $420,000 $820,000 95.2% 0.1%
WEYCO COMMUNITY CREDIT UNION $955,000 $805,000 -15.7% 0.1%
Prosperity Home Mortgage, LLC $105,000 $785,000 647.6% 0.1%
LENDINGHOME FUNDING CORPORATION $225,000 $755,000 235.6% 0.1%
SOUTHERN TRUST MORTGAGE, LLC $755,000 n/a 0.1%
T2 FINANCIAL LLC $1,335,000 $745,000 -44.2% 0.1%
Carrington Mortgage Services, LLC $1,030,000 $740,000 -28.2% 0.1%
HOMESIDE FINANCIAL, LLC $2,160,000 $740,000 -65.7% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $1,710,000 $735,000 -57.0% 0.1%
FIRST COMMUNITY MORTGAGE, INC. $295,000 $730,000 147.5% 0.1%
U.S. Bank $650,000 $725,000 11.5% 0.1%
GUARANTEED RATE AFFINITY, LLC $720,000 n/a 0.1%
Mid-Continent Funding, Inc. $490,000 $685,000 39.8% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $535,000 $685,000 28.0% 0.1%
Magnolia Bank $670,000 n/a 0.1%
NBKC BANK $440,000 $660,000 50.0% 0.1%
United Community Bank $1,185,000 $645,000 -45.6% 0.1%
Old National Bank $635,000 n/a 0.1%
PLANET HOME LENDING, LLC $1,155,000 $635,000 -45.0% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $475,000 $630,000 32.6% 0.1%
Stifel Bank and Trust $615,000 n/a 0.1%
BROKER SOLUTIONS, INC. $2,955,000 $600,000 -79.7% 0.1%
First Savings Bank $580,000 n/a 0.1%
Coastal Bank & Trust $560,000 n/a 0.1%
First Heritage Mortgage, LLC $520,000 $560,000 7.7% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $660,000 $560,000 -15.2% 0.1%
CLEARPATH LENDING $870,000 $550,000 -36.8% 0.1%
Arvest Bank $440,000 $545,000 23.9% 0.1%
THRIVE MORTGAGE, LLC $485,000 $540,000 11.3% 0.1%
TRIAD FINANCIAL SERVICES, INC. $355,000 $540,000 52.1% 0.1%
Wyndham Capital Mortgage, Inc. $1,305,000 $540,000 -58.6% 0.1%
FirstBank $315,000 $535,000 69.8% 0.1%
CHURCHILL MORTGAGE CORPORATION $550,000 $530,000 -3.6% 0.1%
FINANCE OF AMERICA REVERSE LLC $165,000 $530,000 221.2% 0.1%
Northpointe Bank $360,000 $530,000 47.2% 0.1%
Farmers Bank & Trust $525,000 n/a 0.1%
Figure Lending LLC $185,000 $515,000 178.4% 0.1%
PHH Mortgage Corporation $1,095,000 $510,000 -53.4% 0.1%
American Airlines Federal Credit Union $205,000 $505,000 146.3% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $870,000 $505,000 -42.0% 0.1%
The Huntington National Bank $170,000 $505,000 197.1% 0.1%
SeaTrust Mortgage Company $500,000 n/a 0.1%
HOWARD HANNA FINANCIAL SERVICES, INC. $495,000 n/a 0.1%
CALIBER HOME LOANS, INC. $8,590,000 $490,000 -94.3% 0.1%
ROSS MORTGAGE CORPORATION $485,000 n/a 0.1%
American Mortgage & Equity Consultants, Inc. $480,000 n/a 0.1%
United Fidelity Funding Corp. $465,000 n/a 0.1%
AMERICAN HERITAGE LENDING, INC. $115,000 $450,000 291.3% 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $450,000 n/a 0.1%
ON Q FINANCIAL, INC. $445,000 n/a 0.1%
CALCON MUTUAL MORTGAGE LLC $440,000 n/a 0.1%
TOWNE MORTGAGE COMPANY $285,000 $435,000 52.6% 0.1%
LIMA ONE CAPITAL, LLC $220,000 $425,000 93.2% 0.1%
DOMINION FINANCIAL SERVICES, LLC $420,000 n/a 0.1%
Equity Prime Mortgage LLC $1,560,000 $420,000 -73.1% 0.1%
Skyline National Bank $415,000 n/a 0.1%
AMERICAN HERITAGE FCU $240,000 $405,000 68.8% 0.1%
First Federal Bank of the Midwest $405,000 n/a 0.1%
RADIUS FINANCIAL GROUP INC. $145,000 $395,000 172.4% 0.1%
1st Summit Bank $375,000 n/a 0.1%
North State Bank $375,000 n/a 0.1%
The Freedom Bank of Virginia $375,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $1,210,000 $375,000 -69.0% 0.1%
MICHIGAN MUTUAL, INC. $365,000 n/a 0.1%
North American Savings Bank, F.S.B. $925,000 $365,000 -60.5% 0.1%
Mortgage Assurance Inc. $335,000 $355,000 6.0% 0.1%
GoPrime Mortgage, Inc. $845,000 $350,000 -58.6% 0.1%
Ameris Bank $5,545,000 $345,000 -93.8% 0.1%
Evolve Bank & Trust $345,000 n/a 0.1%
NATIONS DIRECT MORTGAGE, LLC $345,000 n/a 0.1%
Waterstone Mortgage Corporation $85,000 $340,000 300.0% 0.1%
C & F Mortgage Corporation $335,000 $335,000 0.0% 0.1%
Citizens and Farmers Bank $335,000 n/a 0.1%
FIRST HOME MORTGAGE CORPORATION $105,000 $335,000 219.0% 0.1%
Alcova Mortgage LLC $1,125,000 $330,000 -70.7% 0.1%
The Central Trust Bank $315,000 n/a 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $165,000 $310,000 87.9% 0.1%
Sound Bank $310,000 n/a 0.1%
Third Federal Savings and Loan Association of Cleveland $735,000 $310,000 -57.8% 0.1%
Semper Home Loans, Inc. $305,000 n/a 0.1%
ARC HOME LLC $295,000 n/a 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $295,000 n/a 0.0%
City National Bank of Florida $285,000 n/a 0.0%
Quontic Bank $285,000 n/a 0.0%
CONTOUR MORTGAGE CORPORATION $275,000 $275,000 0.0% 0.0%
RESOURCE FINANCIAL SERVICES, INC. $275,000 n/a 0.0%
SPRING EQ, LLC $680,000 $275,000 -59.6% 0.0%
F&M Bank $265,000 n/a 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $260,000 n/a 0.0%
Abbott Laboratories Employees Credit Union $255,000 n/a 0.0%
FIDELITY BANK $255,000 n/a 0.0%
F & M BANK CORP. $570,000 $255,000 -55.3% 0.0%
FAIR WAY LENDING LLC $245,000 n/a 0.0%
TIDEWATER MORTGAGE SERVICES, INC. $275,000 $245,000 -10.9% 0.0%
Uwharrie Bank $245,000 n/a 0.0%
Brighton Bank $235,000 n/a 0.0%
RESIDENTIAL BANCORP $235,000 n/a 0.0%
Union Savings Bank $235,000 n/a 0.0%
CORNING $880,000 $230,000 -73.9% 0.0%
First Horizon Bank $3,355,000 $225,000 -93.3% 0.0%
AMERICAN FINANCING CORPORATION $1,830,000 $215,000 -88.3% 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $215,000 n/a 0.0%
SOUTHWEST STAGE FUNDING, LLC $615,000 $215,000 -65.0% 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $185,000 $215,000 16.2% 0.0%
Commerce Home Mortgage, Inc. $205,000 n/a 0.0%
CSL Financial, LLC $230,000 $205,000 -10.9% 0.0%
Empower Federal Credit Union $205,000 n/a 0.0%
Encompass Lending Group, LP $205,000 n/a 0.0%
Logan Finance Corporation $205,000 n/a 0.0%
Charles Schwab Bank, SSB $195,000 n/a 0.0%
First United Bank and Trust Company $195,000 n/a 0.0%
OCMBC, INC. $115,000 $195,000 69.6% 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $720,000 $185,000 -74.3% 0.0%
South State Bank $670,000 $180,000 -73.1% 0.0%
BM Real Estate Services, Inc. $175,000 n/a 0.0%
HOMEXPRESS MORTGAGE CORP. $135,000 $175,000 29.6% 0.0%
MORTGAGE INVESTORS GROUP, INC. $175,000 n/a 0.0%
The Fidelity Bank $175,000 n/a 0.0%
PREMIER LENDING, INC. $650,000 $170,000 -73.8% 0.0%
GSF Mortgage Corporation $355,000 $165,000 -53.5% 0.0%
POLARIS HOME FUNDING CORP. $165,000 n/a 0.0%
S1L, Inc. $165,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $460,000 $165,000 -64.1% 0.0%
NEXTMARK $155,000 n/a 0.0%
Axos Bank $370,000 $145,000 -60.8% 0.0%
Bank of England $145,000 n/a 0.0%
COMMUNITYAMERICA $135,000 n/a 0.0%
Signature Federal Credit Union $135,000 n/a 0.0%
ROYAL UNITED MORTGAGE LLC $210,000 $130,000 -38.1% 0.0%
HOMEOWNERS FINANCIAL GROUP USA, LLC $125,000 n/a 0.0%
ISERVE RESIDENTIAL LENDING, LLC $125,000 n/a 0.0%
NATIONWIDE EQUITIES CORPORATION $125,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $115,000 n/a 0.0%
AMERICAN FEDERAL MORTGAGE CORPORATION $105,000 n/a 0.0%
AMWEST FUNDING CORP. $85,000 n/a 0.0%
Bell Bank $155,000 $75,000 -51.6% 0.0%
EVANSVILLE TEACHERS $75,000 n/a 0.0%
First Internet Bank of Indiana $205,000 $75,000 -63.4% 0.0%
MASSMUTUAL $75,000 n/a 0.0%
American National Bank and Trust Company $705,000 $65,000 -90.8% 0.0%
CHARLOTTE METRO FEDERAL CREDIT UNION $45,000 n/a 0.0%
UNITED $45,000 n/a 0.0%
AGRICULTURE Federal Credit Union $35,000 n/a 0.0%
Marine Federal Credit Union $950,000 $25,000 -97.4% 0.0%

NEW BERN's top lender by overall market share is ATLANTIC BAY MORTGAGE GROUP, L.L.C., with 10.5% market share. In second place, with 7.9%, is First-Citizens Bank & Trust Company, having originated $47,730,000 in loans. In third place, with 7.3%, is NAVY FEDERAL CREDIT UNION, having originated $43,765,000 in loans. In fourth place, with 6.3%, is STATE EMPLOYEES', having originated $38,090,000 in loans. In fifth place, with 5.9%, is GUARANTEED RATE, INC., having originated $35,210,000 in loans.


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

Realtor.com - NEW BERN (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 $194,925 (6.2%) $246,422 (3.1%) 0.00 758
2018-02-01 $192,700 (-2.4%) $242,828 (-2.6%) 0.00 748
2018-03-01 $195,900 (-5.1%) $249,954 (-1.6%) 0.00 750
2018-04-01 $198,725 (-3.8%) $255,124 (-0.7%) 0.00 791
2018-05-01 $198,475 (-4.4%) $252,696 (-3.7%) 0.00 831
2018-06-01 $200,000 (-4.1%) $256,215 (-2.8%) 0.00 837
2018-07-01 $208,850 (2.4%) $254,440 (-3.2%) 0.00 819
2018-08-01 $207,450 (1.2%) $256,363 (-3.4%) 0.00 810
2018-09-01 $206,250 (3.1%) $256,815 (-2.9%) 0.00 749
2018-10-01 $209,875 (3.9%) $260,439 (-3.7%) 0.00 582
2018-11-01 $214,100 (7.6%) $261,450 (2.4%) 0.00 535
2018-12-01 $218,250 (11.9%) $262,666 (6.3%) 0.00 498
2019-01-01 $223,380 (14.6%) $262,544 (6.5%) 0.00 454
2019-02-01 $229,088 (18.9%) $274,253 (12.9%) 0.00 456
2019-03-01 $232,657 (18.8%) $281,231 (12.5%) 0.00 520
2019-04-01 $236,908 (19.2%) $286,539 (12.3%) 0.00 566
2019-05-01 $242,705 (22.3%) $294,889 (16.7%) 0.00 598
2019-06-01 $242,610 (21.3%) $293,590 (14.6%) 0.00 670
2019-07-01 $239,950 (14.9%) $292,142 (14.8%) 0.00 718
2019-08-01 $237,173 (14.3%) $288,121 (12.4%) 0.00 737
2019-09-01 $233,082 (13.0%) $284,637 (10.8%) 0.00 738
2019-10-01 $230,400 (9.8%) $283,346 (8.8%) 0.00 733
2019-11-01 $229,900 (7.4%) $284,877 (9.0%) 0.00 740
2019-12-01 $225,000 (3.1%) $284,987 (8.5%) 0.00 716
2020-01-01 $225,000 (0.7%) $284,623 (8.4%) 0.00 688
2020-02-01 $229,900 (0.4%) $289,513 (5.6%) 0.00 675
2020-03-01 $235,000 (1.0%) $297,217 (5.7%) 0.00 658
2020-04-01 $236,625 (-0.1%) $294,566 (2.8%) 0.00 675
2020-05-01 $241,900 (-0.3%) $305,849 (3.7%) 0.00 628
2020-06-01 $249,400 (2.8%) $317,873 (8.3%) 0.00 565
2020-07-01 $246,300 (2.7%) $319,337 (9.3%) 0.00 530
2020-08-01 $248,850 (4.9%) $320,702 (11.3%) 0.00 461
2020-09-01 $249,000 (6.8%) $329,249 (15.7%) 0.00 405
2020-10-01 $245,000 (6.3%) $331,698 (17.1%) 0.00 398
2020-11-01 $247,000 (7.4%) $335,307 (17.7%) 0.00 391
2020-12-01 $239,000 (6.2%) $326,890 (14.7%) 0.00 361
2021-01-01 $239,890 (6.6%) $329,185 (15.7%) 0.00 313
2021-02-01 $257,438 (12.0%) $346,731 (19.8%) 0.00 292
2021-03-01 $257,700 (9.7%) $334,155 (12.4%) 0.00 278
2021-04-01 $264,760 (11.9%) $332,957 (13.0%) 0.00 268
2021-05-01 $280,900 (16.1%) $352,412 (15.2%) 0.00 259
2021-06-01 $280,400 (12.4%) $346,973 (9.2%) 0.00 253
2021-07-01 $273,450 (11.0%) $341,497 (6.9%) 0.00 271
2021-08-01 $275,450 (10.7%) $343,858 (7.2%) 0.00 276
2021-09-01 $273,368 (9.8%) $350,128 (6.3%) 0.00 251
2021-10-01 $289,925 (18.3%) $370,371 (11.7%) 0.00 253
2021-11-01 $299,225 (21.1%) $389,577 (16.2%) 0.00 232
2021-12-01 $310,000 (29.7%) $398,072 (21.8%) 0.00 219
2022-01-01 $307,500 (28.2%) $409,097 (24.3%) 0.00 192
2022-02-01 $314,233 (22.1%) $405,665 (17.0%) 0.00 158
2022-03-01 $317,500 (23.2%) $420,079 (25.7%) 0.00 140
2022-04-01 $311,000 (17.5%) $420,612 (26.3%) 0.00 145
2022-05-01 $325,000 (15.7%) $419,810 (19.1%) 0.00 170
2022-06-01 $325,225 (16.0%) $422,196 (21.7%) 0.00 200
2022-07-01 $329,950 (20.7%) $421,787 (23.5%) 0.00 255
2022-08-01 $334,025 (21.3%) $405,819 (18.0%) 0.00 249
2022-09-01 $335,500 (22.7%) $410,582 (17.3%) 0.00 245
2022-10-01 $330,990 (14.2%) $406,553 (9.8%) 0.00 256
2022-11-01 $329,595 (10.2%) $417,244 (7.1%) 0.00 260
2022-12-01 $325,450 (5.0%) $406,299 (2.1%) 0.00 248
2023-01-01 $325,450 (5.8%) $404,534 (-1.1%) 0.00 242
2023-02-01 $338,500 (7.7%) $413,078 (1.8%) 0.00 227
2023-03-01 $347,060 (9.3%) $410,914 (-2.2%) 0.00 209
2023-04-01 $359,750 (15.7%) $430,049 (2.2%) 0.00 223
2023-05-01 $362,498 (11.5%) $429,311 (2.3%) 0.00 281
2023-06-01 $369,648 (13.7%) $427,730 (1.3%) 0.00 339
2023-07-01 $355,000 (7.6%) $418,094 (-0.9%) 0.00 328
2023-08-01 $359,888 (7.7%) $424,160 (4.5%) 0.00 340
2023-09-01 $362,700 (8.1%) $424,926 (3.5%) 0.00 339
2023-10-01 $369,450 (11.6%) $420,569 (3.5%) 0.00 383
2023-11-01 $365,123 (10.8%) $422,084 (1.2%) 0.00 440
2023-12-01 $356,000 (9.4%) $405,863 (-0.1%) 0.00 443
2024-01-01 $359,725 (10.5%) $425,438 (5.2%) 0.00 442
2024-02-01 $355,950 (5.2%) $420,125 (1.7%) 0.00 431
2024-03-01 $354,460 (2.1%) $426,693 (3.8%) 0.00 432
2024-04-01 $351,975 (-2.2%) $426,477 (-0.8%) 0.00 401
2024-05-01 $350,275 (-3.4%) $420,755 (-2.0%) 0.00 382
NEW BERN's median listing price for 2024-05-01 was $350,275, a difference of $-12,223 (-3.4%) versus the prior year and $-1,700 versus the prior month.

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

NEW BERN's average listing price for 2024-05-01 was $420,755, a difference of $-8,556 (-2.0%) versus the prior year and $-5,722 versus the prior month.

For the 2024-05-01 period, NEW BERN had 382 MLS listings, a difference of -19 listings (-5%) versus the prior month and 101 listings (36%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - NEW BERN (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,888 sqft
2018-02-01 0 days 1,869 sqft
2018-03-01 0 days 1,865 sqft
2018-04-01 0 days 1,850 sqft
2018-05-01 0 days 1,854 sqft
2018-06-01 0 days 1,836 sqft
2018-07-01 0 days 1,838 sqft
2018-08-01 0 days 1,834 sqft
2018-09-01 0 days 1,836 sqft
2018-10-01 0 days 1,855 sqft
2018-11-01 0 days 1,900 sqft
2018-12-01 0 days 1,902 sqft
2019-01-01 0 days 1,906 sqft
2019-02-01 0 days 1,945 sqft
2019-03-01 0 days 1,955 sqft
2019-04-01 0 days 1,942 sqft
2019-05-01 0 days 1,980 sqft
2019-06-01 0 days 1,990 sqft
2019-07-01 0 days 1,961 sqft
2019-08-01 0 days 1,941 sqft
2019-09-01 0 days 1,948 sqft
2019-10-01 0 days 1,952 sqft
2019-11-01 0 days 1,950 sqft
2019-12-01 0 days 1,933 sqft
2020-01-01 0 days 1,913 sqft
2020-02-01 0 days 1,928 sqft
2020-03-01 0 days 1,940 sqft
2020-04-01 0 days 1,940 sqft
2020-05-01 0 days 1,950 sqft
2020-06-01 0 days 1,999 sqft
2020-07-01 0 days 1,937 sqft
2020-08-01 0 days 1,919 sqft
2020-09-01 0 days 1,948 sqft
2020-10-01 0 days 1,955 sqft
2020-11-01 0 days 1,908 sqft
2020-12-01 0 days 1,835 sqft
2021-01-01 0 days 1,815 sqft
2021-02-01 0 days 1,873 sqft
2021-03-01 0 days 1,902 sqft
2021-04-01 0 days 1,892 sqft
2021-05-01 0 days 1,917 sqft
2021-06-01 0 days 1,915 sqft
2021-07-01 0 days 1,900 sqft
2021-08-01 0 days 1,885 sqft
2021-09-01 0 days 1,847 sqft
2021-10-01 0 days 1,886 sqft
2021-11-01 0 days 1,925 sqft
2021-12-01 0 days 1,980 sqft
2022-01-01 0 days 1,936 sqft
2022-02-01 0 days 1,922 sqft
2022-03-01 0 days 1,927 sqft
2022-04-01 0 days 1,877 sqft
2022-05-01 0 days 1,956 sqft
2022-06-01 0 days 1,955 sqft
2022-07-01 0 days 1,975 sqft
2022-08-01 0 days 1,937 sqft
2022-09-01 0 days 1,986 sqft
2022-10-01 0 days 1,968 sqft
2022-11-01 0 days 1,944 sqft
2022-12-01 0 days 1,936 sqft
2023-01-01 0 days 1,904 sqft
2023-02-01 0 days 1,917 sqft
2023-03-01 0 days 1,933 sqft
2023-04-01 0 days 1,978 sqft
2023-05-01 0 days 1,972 sqft
2023-06-01 0 days 2,006 sqft
2023-07-01 0 days 1,987 sqft
2023-08-01 0 days 1,972 sqft
2023-09-01 0 days 2,000 sqft
2023-10-01 0 days 1,984 sqft
2023-11-01 0 days 1,982 sqft
2023-12-01 0 days 1,927 sqft
2024-01-01 0 days 1,911 sqft
2024-02-01 0 days 1,918 sqft
2024-03-01 0 days 1,941 sqft
2024-04-01 0 days 1,951 sqft
2024-05-01 0 days 1,936 sqft
NEW BERN's median listing age (time on market) for 2024-05-01 was 0 days.

NEW BERN's median square footage for active listings during the 2024-05-01 period was 1,936 sqft. One year prior, the average listing was 1,972 sqft.

NEW BERN, NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,726 $442,350,000 $256,286
Other 401 $37,025,000 $92,332
Cash Out Refi 298 $63,480,000 $213,020
Home Improvement 254 $20,970,000 $82,559
Refi 197 $36,675,000 $186,168

New Bern's most frequently cited loan purpose was Home Purchase, with 1,726 originations. The 2nd most popular reason was Other, with 401 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 988 $242,870,000 $245,820
7-8% 642 $119,400,000 $185,981
5-6% 587 $154,315,000 $262,888
Over 8% 409 $46,695,000 $114,169
4-5% 145 $22,895,000 $157,897
<2.5% 64 $3,400,000 $53,125
3-4% 5 $925,000 $185,000
2.5-3% 1 $145,000 $145,000

During 2023, New Bern's most frequently originated rate bucket was 6-7%, with 988 originations.

Loan Sizing (NEW BERN, NC MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 1,168 $325,710,000 $278,861
$100k-200k 760 $111,570,000 $146,803
$100,000 or less 722 $38,770,000 $53,698
$400k-600k 180 $83,710,000 $465,056
$600k-1000k 39 $28,495,000 $730,641
$Over $1MM 7 $12,245,000 $1,749,286

NEW BERN's loan sizing saw the bucket of loans from $200k-400k with 1,168 originations, totaling $325,710,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,191 $323,475,000 $271,599
60-80% 470 $120,700,000 $256,809
Under 20% 405 $19,235,000 $47,494
20-40% 398 $43,220,000 $108,593
40-60% 231 $40,765,000 $176,472
Over 100% 141 $42,325,000 $300,177

NEW BERN's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,191 originations, totaling $323,475,000 in origination value.