Newport Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Newport averaged
6.08%
for the week of 2022-06-23, compared to the national average of
5.81% for the same period.
The average rate for the prior week (2022-06-16) was
5.85% and
one month ago for the week of 2022-05-19, the
average rate was 5.32%.
Newport's average rate one year ago was 3.12%.
For refis of the same type during the week of 2022-06-23, the average rate
was 5.86%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-23 | 5.81% |
| Newport 30 Year Fixed Rate | 2022-06-23 | 6.08% |
| Newport 30 Year Fixed Rate Refi | 2022-06-23 | 5.86% |
| Newport 15 Year Fixed Rate | 2022-06-23 | 4.91% |
| Newport 15 Year Fixed Rate Refi | 2022-06-23 | 5.33% |
| Newport 30 Year FHA | 2022-06-23 | 0.23% |
| Newport 30 Year FHA Refi | 2022-06-23 | -0.04% |
| Newport 30 Year USDA | 2022-06-23 | -0.25% |
| Newport 30 Year USDA Refi | 2022-06-23 | 3.13% |
| Newport 30 Year VA | 2022-06-23 | 0.26% |
| Newport 30 Year VA Refi | 2022-06-23 | -0.3% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Newport, OR.
Newport 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 Newport, OR 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.).
Newport, OR's 186 lenders originated 3,111
loans during 2021. The total origination value was $886,345,000, with an average loan value of
$284,907.
The top Newport lender as defined by loan originations is QUICKEN LOANS, LLC, with
162 loans originated. Their average total fees are
$6,156, which is $308
higher than the next largest lender,
GUILD MORTGAGE COMPANY.
The lowest fee Newport lenders (with over 10 loans originated) are
OnPoint Community Credit Union ($3,544), Wells Fargo Bank ($4,213), Oregon State Credit Union ($4,241), Columbia State Bank ($4,314) and Bank of America ($4,377).
The lowest rate Newport lenders (with over 10 loans originated) are
AMERISAVE MORTGAGE CORPORATION (2.75%), STEARNS LENDING, LLC (2.91%), LOANDEPOT.COM, LLC (2.93%), Bank of America (2.93%) and BETTER MORTGAGE CORPORATION (2.93%).
Newport, OR 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 |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $54,525,000 | $66,760,000 | 22.4% | 7.5% |
| UNITED WHOLESALE MORTGAGE, LLC | $18,720,000 | $38,175,000 | 103.9% | 4.3% |
| Umpqua Bank | $32,250,000 | $36,955,000 | 14.6% | 4.2% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $29,780,000 | $34,630,000 | 16.3% | 3.9% |
| GUILD MORTGAGE COMPANY | $21,875,000 | $34,235,000 | 56.5% | 3.9% |
| CROSSCOUNTRY MORTGAGE, LLC | $15,875,000 | $32,540,000 | 105.0% | 3.7% |
| U.S. Bank | $29,485,000 | $30,255,000 | 2.6% | 3.4% |
| LOANDEPOT.COM, LLC | $15,930,000 | $23,655,000 | 48.5% | 2.7% |
| Wells Fargo Bank | $27,885,000 | $23,050,000 | -17.3% | 2.6% |
| CALIBER HOME LOANS, INC. | $18,670,000 | $22,470,000 | 20.4% | 2.5% |
| STEARNS LENDING, LLC | $14,750,000 | $19,905,000 | 34.9% | 2.2% |
| FREEDOM MORTGAGE CORPORATION | $16,315,000 | $14,930,000 | -8.5% | 1.7% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $16,245,000 | $14,770,000 | -9.1% | 1.7% |
| MOVEMENT MORTGAGE, LLC | $19,550,000 | $13,260,000 | -32.2% | 1.5% |
| LPMC, LLC | $9,355,000 | $13,235,000 | 41.5% | 1.5% |
| HOME POINT FINANCIAL CORPORATION | $3,790,000 | $12,980,000 | 242.5% | 1.5% |
| Columbia State Bank | $20,670,000 | $12,685,000 | -38.6% | 1.4% |
| JPMorgan Chase Bank | $10,575,000 | $12,490,000 | 18.1% | 1.4% |
| PENNYMAC LOAN SERVICES, LLC | $5,260,000 | $11,855,000 | 125.4% | 1.3% |
| HomeStreet Bank | $10,710,000 | $11,620,000 | 8.5% | 1.3% |
| BETTER MORTGAGE CORPORATION | $2,505,000 | $11,520,000 | 359.9% | 1.3% |
| OnPoint Community Credit Union | $7,280,000 | $10,510,000 | 44.4% | 1.2% |
| Mortgage Research Center, LLC | $11,435,000 | $10,490,000 | -8.3% | 1.2% |
| Washington Federal Bank | $7,080,000 | $9,610,000 | 35.7% | 1.1% |
| FIBRE FEDERAL CREDIT UNION | $6,785,000 | $9,370,000 | 38.1% | 1.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $11,115,000 | $8,905,000 | -19.9% | 1.0% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $5,415,000 | $8,445,000 | 56.0% | 1.0% |
| AMERISAVE MORTGAGE CORPORATION | $3,440,000 | $8,350,000 | 142.7% | 0.9% |
| GUARANTEED RATE, INC. | $1,945,000 | $8,120,000 | 317.5% | 0.9% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $3,185,000 | $8,110,000 | 154.6% | 0.9% |
| Mr. Cooper ( Nationstar Mortgage ) | $4,765,000 | $7,980,000 | 67.5% | 0.9% |
| BROKER SOLUTIONS, INC. | $3,465,000 | $7,705,000 | 122.4% | 0.9% |
| Flagstar Bank, FSB | $15,430,000 | $7,625,000 | -50.6% | 0.9% |
| FIRST TECHNOLOGY | $6,920,000 | $7,465,000 | 7.9% | 0.8% |
| Oregon State Credit Union | $11,385,000 | $6,840,000 | -39.9% | 0.8% |
| Sierra Pacific Mortgage Company, Inc. | $4,215,000 | $6,840,000 | 62.3% | 0.8% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $9,975,000 | $6,810,000 | -31.7% | 0.8% |
| CHURCHILL MORTGAGE CORPORATION | $6,955,000 | $6,520,000 | -6.3% | 0.7% |
| Bank of the West | $6,580,000 | $6,350,000 | -3.5% | 0.7% |
| NATIONS DIRECT MORTGAGE, LLC | $7,385,000 | $6,165,000 | -16.5% | 0.7% |
| ACADEMY MORTGAGE CORPORATION | $7,885,000 | $6,145,000 | -22.1% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $1,075,000 | $6,085,000 | 466.0% | 0.7% |
| Commerce Home Mortgage, Inc. | $2,830,000 | $5,955,000 | 110.4% | 0.7% |
| MORTGAGE EXPRESS, LLC | $8,560,000 | $5,895,000 | -31.1% | 0.7% |
| DIRECTORS MORTGAGE, INC. | $6,325,000 | $5,735,000 | -9.3% | 0.6% |
| NEWREZ LLC | $3,855,000 | $5,135,000 | 33.2% | 0.6% |
| LAKEVIEW LOAN SERVICING, LLC | $2,880,000 | $4,920,000 | 70.8% | 0.6% |
| SUMMIT MORTGAGE CORPORATION | $1,280,000 | $4,845,000 | 278.5% | 0.5% |
| SUMMIT FUNDING, INC. | $1,480,000 | $4,625,000 | 212.5% | 0.5% |
| CMG MORTGAGE, INC. | $2,355,000 | $4,485,000 | 90.4% | 0.5% |
| Bank of America | $5,760,000 | $4,365,000 | -24.2% | 0.5% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,360,000 | $4,180,000 | 207.4% | 0.5% |
| KeyBank | $9,060,000 | $4,135,000 | -54.4% | 0.5% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $3,950,000 | $4,055,000 | 2.7% | 0.5% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $795,000 | $3,950,000 | 396.9% | 0.4% |
| CANOPY MORTGAGE, LLC | $590,000 | $3,875,000 | 556.8% | 0.4% |
| ENVOY MORTGAGE, LTD | $6,380,000 | $3,865,000 | -39.4% | 0.4% |
| Cornerstone First Mortgage, Inc | $195,000 | $3,720,000 | 1,807.7% | 0.4% |
| USAA Federal Savings Bank | $6,535,000 | $3,670,000 | -43.8% | 0.4% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $3,125,000 | $3,575,000 | 14.4% | 0.4% |
| Hometown Lenders, Inc. | $2,195,000 | $3,445,000 | 56.9% | 0.4% |
| OREGON COMMUNITY | $4,185,000 | $3,245,000 | -22.5% | 0.4% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $2,140,000 | $3,245,000 | 51.6% | 0.4% |
| CHERRY CREEK MORTGAGE, LLC | $4,325,000 | $3,185,000 | -26.4% | 0.4% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $245,000 | $2,960,000 | 1,108.2% | 0.3% |
| First Interstate Bank | $1,890,000 | $2,795,000 | 47.9% | 0.3% |
| AMERICAN ADVISORS GROUP | $540,000 | $2,460,000 | 355.6% | 0.3% |
| NEW DAY FINANCIAL, LLC | $755,000 | $2,230,000 | 195.4% | 0.3% |
| Nations Lending Corporation | $2,760,000 | $2,220,000 | -19.6% | 0.3% |
| LENDUS, LLC | $1,380,000 | $2,205,000 | 59.8% | 0.2% |
| NETWORK CAPITAL FUNDING CORPORATION | $660,000 | $2,120,000 | 221.2% | 0.2% |
| North American Savings Bank, F.S.B. | $640,000 | $2,050,000 | 220.3% | 0.2% |
| S1L, Inc. | $305,000 | $1,995,000 | 554.1% | 0.2% |
| VILLAGE CAPITAL & INVESTMENT LLC | $955,000 | $1,960,000 | 105.2% | 0.2% |
| The Federal Savings Bank | $1,085,000 | $1,915,000 | 76.5% | 0.2% |
| Unitus Community Credit Union | $955,000 | $1,855,000 | 94.2% | 0.2% |
| Carrington Mortgage Services, LLC | $2,660,000 | $1,845,000 | -30.6% | 0.2% |
| Banner Bank | $2,095,000 | $1,835,000 | -12.4% | 0.2% |
| 1st Security Bank of Washington | $1,430,000 | $1,790,000 | 25.2% | 0.2% |
| Rivermark Community Credit Union | $2,335,000 | $1,780,000 | -23.8% | 0.2% |
| CELEBRITY HOME LOANS, LLC | $285,000 | $1,730,000 | 507.0% | 0.2% |
| GREYSTONE SERVICING COMPANY LLC | $1,725,000 | n/a | 0.2% | |
| Citadel Servicing Corporation | $1,705,000 | n/a | 0.2% | |
| SUN WEST MORTGAGE COMPANY, INC. | $1,595,000 | $1,695,000 | 6.3% | 0.2% |
| First Mortgage Solutions, LLC | $980,000 | $1,680,000 | 71.4% | 0.2% |
| Prosperity Home Mortgage, LLC | $935,000 | $1,665,000 | 78.1% | 0.2% |
| Morgan Stanley Private Bank | $830,000 | $1,660,000 | 100.0% | 0.2% |
| Boeing Employees Credit Union | $495,000 | $1,645,000 | 232.3% | 0.2% |
| GSF Mortgage Corporation | $875,000 | $1,620,000 | 85.1% | 0.2% |
| SOVEREIGN LENDING GROUP INCORPORATED | $705,000 | $1,605,000 | 127.7% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,185,000 | $1,565,000 | 32.1% | 0.2% |
| AXIA FINANCIAL, LLC | $2,205,000 | $1,540,000 | -30.2% | 0.2% |
| First Guaranty Mortgage Corporation | $155,000 | $1,525,000 | 883.9% | 0.2% |
| FINANCE OF AMERICA REVERSE LLC | $1,085,000 | $1,440,000 | 32.7% | 0.2% |
| GENEVA FINANCIAL, LLC | $1,385,000 | $1,415,000 | 2.2% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $1,995,000 | $1,380,000 | -30.8% | 0.2% |
| FIRST COMMUNITY | $435,000 | $1,355,000 | 211.5% | 0.2% |
| ZILLOW HOME LOANS, LLC | $655,000 | $1,345,000 | 105.3% | 0.2% |
| First Federal | $1,200,000 | $1,335,000 | 11.3% | 0.2% |
| InterContinental Capital Group, Inc | $2,495,000 | $1,335,000 | -46.5% | 0.2% |
| ADVANTIS | $1,215,000 | $1,310,000 | 7.8% | 0.1% |
| Ally Bank | $580,000 | $1,310,000 | 125.9% | 0.1% |
| Summit Mortgage Corporation | $850,000 | $1,250,000 | 47.1% | 0.1% |
| AMERICAN FINANCING CORPORATION | $340,000 | $1,235,000 | 263.2% | 0.1% |
| PHH Mortgage Corporation | $115,000 | $1,235,000 | 973.9% | 0.1% |
| Citizens Bank | $600,000 | $1,175,000 | 95.8% | 0.1% |
| THE MORTGAGE COMPANY | $1,135,000 | n/a | 0.1% | |
| PLAZA HOME MORTGAGE, INC. | $1,880,000 | $1,120,000 | -40.4% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $870,000 | $1,070,000 | 23.0% | 0.1% |
| First State Bank | $1,065,000 | n/a | 0.1% | |
| BAY EQUITY LLC | $1,495,000 | $1,055,000 | -29.4% | 0.1% |
| CITYWIDE HOME LOANS, LLC | $255,000 | $1,040,000 | 307.8% | 0.1% |
| HighTechLending Inc | $135,000 | $1,030,000 | 663.0% | 0.1% |
| MOUNTAIN AMERICA | $1,235,000 | $1,010,000 | -18.2% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $310,000 | $1,005,000 | 224.2% | 0.1% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $995,000 | n/a | 0.1% | |
| MARION AND POLK SCHOOLS CREDIT UNION | $310,000 | $985,000 | 217.7% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,970,000 | $965,000 | -51.0% | 0.1% |
| Pacific NW Federal Credit Union | $390,000 | $955,000 | 144.9% | 0.1% |
| FirstBank | $870,000 | $905,000 | 4.0% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $815,000 | n/a | 0.1% | |
| Chicago Mortgage Solutions LLC | $815,000 | n/a | 0.1% | |
| MANN FINANCIAL INC. | $2,440,000 | $810,000 | -66.8% | 0.1% |
| EMM LOANS LLC | $690,000 | $800,000 | 15.9% | 0.1% |
| Gateway First Bank | $235,000 | $800,000 | 240.4% | 0.1% |
| Magnolia Bank | $710,000 | $800,000 | 12.7% | 0.1% |
| Strong Home Mortgage, LLC | $235,000 | $790,000 | 236.2% | 0.1% |
| SAMMAMISH MORTGAGE COMPANY | $780,000 | n/a | 0.1% | |
| PacWest Funding Inc. | $1,075,000 | $755,000 | -29.8% | 0.1% |
| KELLER MORTGAGE, LLC | $850,000 | $750,000 | -11.8% | 0.1% |
| SELCO COMMUNITY | $225,000 | $745,000 | 231.1% | 0.1% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $925,000 | $740,000 | -20.0% | 0.1% |
| CORNERSTONE HOME LENDING, INC. | $335,000 | $735,000 | 119.4% | 0.1% |
| NEXERA HOLDING LLC | $735,000 | n/a | 0.1% | |
| UBS Bank USA | $705,000 | n/a | 0.1% | |
| Mid Oregon Federal Credit Union | $245,000 | $690,000 | 181.6% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $305,000 | $665,000 | 118.0% | 0.1% |
| Bank of Utah | $655,000 | n/a | 0.1% | |
| Low VA Rates, LLC | $885,000 | $655,000 | -26.0% | 0.1% |
| iQ Credit Union | $410,000 | $650,000 | 58.5% | 0.1% |
| COLUMBIA COMMUNITY CREDIT UNION | $580,000 | $635,000 | 9.5% | 0.1% |
| ANGEL OAK HOME LOANS LLC | $625,000 | n/a | 0.1% | |
| Wyndham Capital Mortgage, Inc. | $620,000 | n/a | 0.1% | |
| ROGUE | $580,000 | $595,000 | 2.6% | 0.1% |
| Axos Bank | $580,000 | n/a | 0.1% | |
| Sunflower Bank | $1,050,000 | $580,000 | -44.8% | 0.1% |
| COUNTRYPLACE MORTGAGE, LTD. | $575,000 | n/a | 0.1% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $745,000 | $550,000 | -26.2% | 0.1% |
| NBKC BANK | $2,130,000 | $545,000 | -74.4% | 0.1% |
| Willamette Valley Bank | $1,850,000 | $530,000 | -71.4% | 0.1% |
| Bank of England | $1,225,000 | $525,000 | -57.1% | 0.1% |
| NORTHWEST COMMUNITY | $315,000 | $515,000 | 63.5% | 0.1% |
| PREMIER AMERICA | $505,000 | n/a | 0.1% | |
| SECURITY HOME MORTGAGE, LLC. | $355,000 | $505,000 | 42.3% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,590,000 | $495,000 | -68.9% | 0.1% |
| Greenbox Loans, Inc. | $475,000 | n/a | 0.1% | |
| ALLIANT CREDIT UNION | $470,000 | n/a | 0.1% | |
| Golden Empire Mortgage, Inc. | $450,000 | $470,000 | 4.4% | 0.1% |
| Stifel Bank and Trust | $470,000 | n/a | 0.1% | |
| First-Citizens Bank & Trust Company | $455,000 | n/a | 0.1% | |
| TIAA, FSB | $455,000 | n/a | 0.1% | |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $135,000 | $450,000 | 233.3% | 0.1% |
| LADERA LENDING, INC. | $255,000 | $445,000 | 74.5% | 0.1% |
| AmeriHome Mortgage Company, LLC | $165,000 | $440,000 | 166.7% | 0.0% |
| Waterstone Mortgage Corporation | $480,000 | $440,000 | -8.3% | 0.0% |
| LOANPAL, LLC | $435,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $1,245,000 | $430,000 | -65.5% | 0.0% |
| RANLIFE, INC. | $420,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $135,000 | $420,000 | 211.1% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $410,000 | $415,000 | 1.2% | 0.0% |
| NBH Bank | $405,000 | n/a | 0.0% | |
| NP, Inc. | $405,000 | n/a | 0.0% | |
| VERITAS FUNDING, LLC | $405,000 | n/a | 0.0% | |
| Citibank | $395,000 | n/a | 0.0% | |
| ON Q FINANCIAL, INC. | $480,000 | $385,000 | -19.8% | 0.0% |
| RED CANOE CREDIT UNION | $580,000 | $380,000 | -34.5% | 0.0% |
| Utah Power | $375,000 | n/a | 0.0% | |
| INTERCAP LENDING INC. | $225,000 | $370,000 | 64.4% | 0.0% |
| Northwest Farm Credit Services, FLCA | $355,000 | n/a | 0.0% | |
| ONY GLO, INC. | $355,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $350,000 | n/a | 0.0% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $345,000 | n/a | 0.0% | |
| SOFI LENDING CORP. | $165,000 | $345,000 | 109.1% | 0.0% |
| WESTERN EXPRESS LENDING | $345,000 | n/a | 0.0% | |
| SPOKANE TEACHERS | $335,000 | n/a | 0.0% | |
| WASHINGTON STATE EMPLOYEES Credit Union | $85,000 | $330,000 | 288.2% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $365,000 | $325,000 | -11.0% | 0.0% |
| American Airlines Federal Credit Union | $320,000 | n/a | 0.0% | |
| Elements Financial Federal Credit Union | $315,000 | n/a | 0.0% | |
| Washington Trust Bank | $315,000 | n/a | 0.0% | |
| BNC National Bank | $670,000 | $305,000 | -54.5% | 0.0% |
| City National Bank | $395,000 | $305,000 | -22.8% | 0.0% |
| KS StateBank | $365,000 | $305,000 | -16.4% | 0.0% |
| MOUNTAIN WEST FINANCIAL, INC. | $305,000 | n/a | 0.0% | |
| THRIVENT Federal Credit Union | $305,000 | n/a | 0.0% | |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $280,000 | n/a | 0.0% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $275,000 | n/a | 0.0% | |
| DEPARTMENT OF COMMERCE | $285,000 | $275,000 | -3.5% | 0.0% |
| JMAC LENDING, INC. | $275,000 | n/a | 0.0% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $165,000 | $275,000 | 66.7% | 0.0% |
| Watermark Capital, Inc. | $275,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $265,000 | n/a | 0.0% | |
| GESA | $175,000 | $255,000 | 45.7% | 0.0% |
| IMPAC MORTGAGE CORP. | $155,000 | $255,000 | 64.5% | 0.0% |
| KINECTA | $255,000 | n/a | 0.0% | |
| PREMIER LENDING, INC. | $255,000 | n/a | 0.0% | |
| ARC HOME LLC | $245,000 | n/a | 0.0% | |
| PNC Bank | $175,000 | $245,000 | 40.0% | 0.0% |
| PLANET HOME LENDING, LLC | $570,000 | $240,000 | -57.9% | 0.0% |
| AmRes Corporation | $235,000 | n/a | 0.0% | |
| First Bank | $235,000 | n/a | 0.0% | |
| INSPIRE HOME LOANS INC. | $235,000 | n/a | 0.0% | |
| PRIORITY HOME LENDING, LLC | $235,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $245,000 | $235,000 | -4.1% | 0.0% |
| 21ST MORTGAGE CORPORATION | $605,000 | $230,000 | -62.0% | 0.0% |
| ALAMEDA MORTGAGE CORPORATION | $225,000 | n/a | 0.0% | |
| HIWAY | $215,000 | n/a | 0.0% | |
| OREGONIANS CREDIT UNION | $215,000 | n/a | 0.0% | |
| STAR ONE CREDIT UNION | $325,000 | $215,000 | -33.8% | 0.0% |
| BAYSHORE MORTGAGE FUNDING, LLC | $205,000 | n/a | 0.0% | |
| CLEARPATH LENDING | $205,000 | n/a | 0.0% | |
| HOMESIDE FINANCIAL, LLC | $205,000 | n/a | 0.0% | |
| NATIONWIDE EQUITIES CORPORATION | $205,000 | n/a | 0.0% | |
| CU HOME MORTGAGE SOLUTIONS, LLC | $195,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $195,000 | n/a | 0.0% | |
| VAN DYK MORTGAGE CORPORATION | $195,000 | n/a | 0.0% | |
| VERITY | $195,000 | n/a | 0.0% | |
| PANORAMA MORTGAGE GROUP, LLC | $185,000 | n/a | 0.0% | |
| First Savings Bank | $690,000 | $165,000 | -76.1% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $885,000 | $165,000 | -81.4% | 0.0% |
| People's Bank of Commerce | $125,000 | $165,000 | 32.0% | 0.0% |
| Servion, Inc. | $165,000 | n/a | 0.0% | |
| The Central Trust Bank | $165,000 | n/a | 0.0% | |
| CHEVRON | $155,000 | n/a | 0.0% | |
| NFM, INC. | $205,000 | $155,000 | -24.4% | 0.0% |
| Discover Bank | $150,000 | n/a | 0.0% | |
| Arvest Bank | $115,000 | $145,000 | 26.1% | 0.0% |
| Alaska USA Federal Credit Union | $405,000 | $135,000 | -66.7% | 0.0% |
| CENTRAL WILLAMETTE Credit Union | $390,000 | $135,000 | -65.4% | 0.0% |
| CIVIC FINANCIAL SERVICES, LLC | $135,000 | n/a | 0.0% | |
| Chickasaw Community Bank | $205,000 | $115,000 | -43.9% | 0.0% |
| Figure Lending LLC | $50,000 | $115,000 | 130.0% | 0.0% |
| First Federal Bank | $490,000 | $115,000 | -76.5% | 0.0% |
| The Huntington National Bank | $595,000 | $115,000 | -80.7% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $105,000 | $105,000 | 0.0% | 0.0% |
| EMBRACE HOME LOANS, INC. | $195,000 | $95,000 | -51.3% | 0.0% |
| GEORGIA'S OWN | $75,000 | n/a | 0.0% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $465,000 | $55,000 | -88.2% | 0.0% |
Newport's top lender by overall market share is QUICKEN LOANS, LLC, with 7.5% market share. In second place, with 4.3%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $38,175,000 in loans. In third place, with 4.2%, is Umpqua Bank, having originated $36,955,000 in loans. In third place, with 3.9%, is EVERGREEN MONEYSOURCE MORTGAGE COMPANY, having originated $34,630,000 in loans. In third place, with 3.9%, is GUILD MORTGAGE COMPANY, having originated $34,235,000 in loans.
Newport, OR Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,168 | $422,760,000 | $361,952 |
| Refi | 1,085 | $263,165,000 | $242,548 |
| Cash Out Refi | 680 | $174,500,000 | $256,618 |
| Home Improvement | 115 | $14,965,000 | $130,130 |
| Other | 63 | $10,955,000 | $173,889 |
Newport's most frequently cited loan purpose was Home Purchase, with 1,168 originations. The 2nd most popular reason was Refi, with 1,085 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 1,269 | $356,335,000 | $280,800 |
| 3-4% | 1,181 | $357,065,000 | $302,341 |
| <2.5% | 509 | $140,465,000 | $275,963 |
| 4-5% | 87 | $20,105,000 | $231,092 |
| 5-6% | 23 | $4,165,000 | $181,087 |
| 6-7% | 9 | $885,000 | $98,333 |
| 7-8% | 5 | $435,000 | $87,000 |
| Over 8% | 4 | $890,000 | $222,500 |
During 2021, Newport's most frequently originated rate bucket was 2.5-3%, with 1,269 originations.
Loan Sizing (Newport, OR MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,643 | $467,035,000 | $284,257 |
| $100k-200k | 768 | $119,540,000 | $155,651 |
| $400k-600k | 445 | $212,495,000 | $477,517 |
| $100,000 or less | 173 | $11,275,000 | $65,173 |
| $600k-1000k | 71 | $53,025,000 | $746,831 |
| $Over $1MM | 11 | $22,975,000 | $2,088,636 |
Newport's loan sizing saw the bucket of loans from $200k-400k with 1,643 originations, totaling $467,035,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 1,052 | $348,590,000 | $331,359 |
| 80-100% | 737 | $255,225,000 | $346,303 |
| 40-60% | 721 | $176,745,000 | $245,139 |
| 20-40% | 339 | $54,465,000 | $160,664 |
| Under 20% | 114 | $8,530,000 | $74,825 |
| Over 100% | 41 | $16,115,000 | $393,049 |
Newport's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 1,052 originations, totaling $348,590,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Newport (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 | $379,000 (5.3%) | $457,564 (8.7%) | 0.00 | 652 |
| 2018-02-01 | $387,500 (7.6%) | $458,657 (7.5%) | 0.00 | 634 |
| 2018-03-01 | $389,000 (7.3%) | $458,054 (7.6%) | 0.00 | 669 |
| 2018-04-01 | $389,000 (8.1%) | $463,966 (10.4%) | 0.00 | 725 |
| 2018-05-01 | $389,000 (3.2%) | $479,598 (8.6%) | 0.00 | 765 |
| 2018-06-01 | $379,000 (1.8%) | $467,922 (7.1%) | 0.00 | 827 |
| 2018-07-01 | $379,450 (4.0%) | $476,211 (10.5%) | 0.00 | 840 |
| 2018-08-01 | $385,000 (3.8%) | $491,443 (11.4%) | 0.00 | 780 |
| 2018-09-01 | $389,000 (3.7%) | $493,855 (10.8%) | 0.00 | 763 |
| 2018-10-01 | $389,000 (1.0%) | $508,990 (11.2%) | 0.00 | 664 |
| 2018-11-01 | $399,000 (2.6%) | $519,362 (13.3%) | 0.00 | 619 |
| 2018-12-01 | $409,000 (6.2%) | $533,455 (17.4%) | 0.00 | 577 |
| 2019-01-01 | $422,050 (11.4%) | $537,300 (17.4%) | 0.00 | 528 |
| 2019-02-01 | $412,000 (6.3%) | $527,499 (15.0%) | 0.00 | 554 |
| 2019-03-01 | $412,853 (6.1%) | $515,068 (12.5%) | 0.00 | 588 |
| 2019-04-01 | $409,995 (5.4%) | $506,499 (9.2%) | 0.00 | 614 |
| 2019-05-01 | $399,450 (2.7%) | $485,318 (1.2%) | 0.00 | 617 |
| 2019-06-01 | $395,000 (4.2%) | $473,091 (1.1%) | 0.00 | 654 |
| 2019-07-01 | $399,000 (5.2%) | $465,950 (-2.2%) | 0.00 | 692 |
| 2019-08-01 | $389,857 (1.3%) | $457,433 (-6.9%) | 0.00 | 705 |
| 2019-09-01 | $375,000 (-3.6%) | $442,705 (-10.4%) | 0.00 | 735 |
| 2019-10-01 | $389,000 (0.0%) | $463,610 (-8.9%) | 0.00 | 680 |
| 2019-11-01 | $399,000 (0.0%) | $477,482 (-8.1%) | 0.00 | 614 |
| 2019-12-01 | $399,000 (-2.4%) | $477,388 (-10.5%) | 0.00 | 521 |
| 2020-01-01 | $395,000 (-6.4%) | $488,134 (-9.2%) | 0.00 | 470 |
| 2020-02-01 | $384,000 (-6.8%) | $486,217 (-7.8%) | 0.00 | 466 |
| 2020-03-01 | $380,000 (-8.0%) | $472,652 (-8.2%) | 0.00 | 515 |
| 2020-04-01 | $370,000 (-9.8%) | $461,377 (-8.9%) | 0.00 | 525 |
| 2020-05-01 | $379,900 (-4.9%) | $469,635 (-3.2%) | 0.00 | 511 |
| 2020-06-01 | $392,500 (-0.6%) | $475,741 (0.6%) | 0.00 | 496 |
| 2020-07-01 | $414,500 (3.9%) | $500,261 (7.4%) | 0.00 | 466 |
| 2020-08-01 | $440,000 (12.9%) | $539,996 (18.1%) | 0.00 | 354 |
| 2020-09-01 | $459,500 (22.5%) | $549,221 (24.1%) | 0.00 | 291 |
| 2020-10-01 | $445,000 (14.4%) | $549,425 (18.5%) | 0.00 | 283 |
| 2020-11-01 | $446,150 (11.8%) | $564,650 (18.3%) | 0.00 | 246 |
| 2020-12-01 | $434,950 (9.0%) | $567,722 (18.9%) | 0.00 | 211 |
| 2021-01-01 | $499,000 (26.3%) | $575,916 (18.0%) | 0.00 | 144 |
| 2021-02-01 | $444,000 (15.6%) | $586,284 (20.6%) | 0.00 | 157 |
| 2021-03-01 | $467,000 (22.9%) | $596,110 (26.1%) | 0.00 | 170 |
| 2021-04-01 | $550,000 (48.7%) | $656,316 (42.3%) | 0.00 | 191 |
| 2021-05-01 | $550,000 (44.8%) | $698,677 (48.8%) | 0.00 | 185 |
| 2021-06-01 | $549,500 (40.0%) | $711,200 (49.5%) | 0.00 | 210 |
| 2021-07-01 | $530,000 (27.9%) | $660,745 (32.1%) | 0.00 | 216 |
| 2021-08-01 | $605,450 (37.6%) | $732,097 (35.6%) | 0.00 | 228 |
| 2021-09-01 | $612,450 (33.3%) | $716,982 (30.6%) | 0.00 | 224 |
| 2021-10-01 | $599,000 (34.6%) | $744,082 (35.4%) | 0.00 | 210 |
| 2021-11-01 | $559,900 (25.5%) | $753,240 (33.4%) | 0.00 | 193 |
| 2021-12-01 | $589,000 (35.4%) | $779,313 (37.3%) | 0.00 | 157 |
| 2022-01-01 | $569,900 (14.2%) | $748,255 (29.9%) | 0.00 | 146 |
| 2022-02-01 | $599,000 (34.9%) | $708,784 (20.9%) | 0.00 | 132 |
| 2022-03-01 | $575,000 (23.1%) | $715,052 (20.0%) | 0.00 | 138 |
| 2022-04-01 | $599,000 (8.9%) | $681,237 (3.8%) | 0.00 | 172 |
| 2022-05-01 | $599,500 (9.0%) | $663,255 (-5.1%) | 0.00 | 219 |
Newport's median listing price for 2022-05-01 was $599,500, a difference of
$49,500
(9.0%) versus the prior year and
$500 versus the prior month.
Newport's median listing price comes in at 0% of the national average.
Newport's average listing price for 2022-05-01 was $663,255, a difference of $-35,422 (-5.1%) versus the prior year and $-17,982 versus the prior month.
For the 2022-05-01 period, Newport had 219 MLS listings, a difference of 47 listings (27%) versus the prior month and 34 listings (18%) versus the prior year.
Newport's median listing price comes in at 0% of the national average.
Newport's average listing price for 2022-05-01 was $663,255, a difference of $-35,422 (-5.1%) versus the prior year and $-17,982 versus the prior month.
For the 2022-05-01 period, Newport had 219 MLS listings, a difference of 47 listings (27%) versus the prior month and 34 listings (18%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Newport (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,863 sqft |
| 2018-02-01 | 0 days | 1,866 sqft |
| 2018-03-01 | 0 days | 1,858 sqft |
| 2018-04-01 | 0 days | 1,892 sqft |
| 2018-05-01 | 0 days | 1,903 sqft |
| 2018-06-01 | 0 days | 1,879 sqft |
| 2018-07-01 | 0 days | 1,876 sqft |
| 2018-08-01 | 0 days | 1,879 sqft |
| 2018-09-01 | 0 days | 1,874 sqft |
| 2018-10-01 | 0 days | 1,879 sqft |
| 2018-11-01 | 0 days | 1,878 sqft |
| 2018-12-01 | 0 days | 1,874 sqft |
| 2019-01-01 | 0 days | 1,879 sqft |
| 2019-02-01 | 0 days | 1,870 sqft |
| 2019-03-01 | 0 days | 1,867 sqft |
| 2019-04-01 | 0 days | 1,858 sqft |
| 2019-05-01 | 0 days | 1,793 sqft |
| 2019-06-01 | 0 days | 1,796 sqft |
| 2019-07-01 | 0 days | 1,782 sqft |
| 2019-08-01 | 0 days | 1,749 sqft |
| 2019-09-01 | 0 days | 1,725 sqft |
| 2019-10-01 | 0 days | 1,730 sqft |
| 2019-11-01 | 0 days | 1,736 sqft |
| 2019-12-01 | 0 days | 1,741 sqft |
| 2020-01-01 | 0 days | 1,766 sqft |
| 2020-02-01 | 0 days | 1,738 sqft |
| 2020-03-01 | 0 days | 1,725 sqft |
| 2020-04-01 | 0 days | 1,677 sqft |
| 2020-05-01 | 0 days | 1,666 sqft |
| 2020-06-01 | 0 days | 1,683 sqft |
| 2020-07-01 | 0 days | 1,733 sqft |
| 2020-08-01 | 0 days | 1,790 sqft |
| 2020-09-01 | 0 days | 1,850 sqft |
| 2020-10-01 | 0 days | 1,843 sqft |
| 2020-11-01 | 0 days | 1,936 sqft |
| 2020-12-01 | 0 days | 1,948 sqft |
| 2021-01-01 | 0 days | 1,858 sqft |
| 2021-02-01 | 0 days | 1,665 sqft |
| 2021-03-01 | 0 days | 1,750 sqft |
| 2021-04-01 | 0 days | 1,848 sqft |
| 2021-05-01 | 0 days | 1,960 sqft |
| 2021-06-01 | 0 days | 1,804 sqft |
| 2021-07-01 | 0 days | 1,750 sqft |
| 2021-08-01 | 0 days | 1,915 sqft |
| 2021-09-01 | 0 days | 1,879 sqft |
| 2021-10-01 | 0 days | 1,919 sqft |
| 2021-11-01 | 0 days | 1,868 sqft |
| 2021-12-01 | 0 days | 1,920 sqft |
| 2022-01-01 | 0 days | 1,790 sqft |
| 2022-02-01 | 0 days | 1,750 sqft |
| 2022-03-01 | 0 days | 1,726 sqft |
| 2022-04-01 | 0 days | 1,766 sqft |
| 2022-05-01 | 0 days | 1,684 sqft |
Newport's median listing age (time on market) for 2022-05-01 was 0 days.
Newport's median square footage for active listings during the 2022-05-01 period was 1,684 sqft. One year prior, the average listing was 1,960 sqft.
Newport's median square footage for active listings during the 2022-05-01 period was 1,684 sqft. One year prior, the average listing was 1,960 sqft.
