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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 162 3.01% $6,156
GUILD MORTGAGE COMPANY 81 3.19% $5,848
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 78 3.27% $7,248
UNITED WHOLESALE MORTGAGE, LLC 71 2.97% $5,253
CROSSCOUNTRY MORTGAGE, LLC 68 3.21% $5,969
Umpqua Bank 60 3.16% $4,802
Wells Fargo Bank 58 3.04% $4,213
STEARNS LENDING, LLC 52 2.91% $6,438
LOANDEPOT.COM, LLC 50 2.93% $5,136
CALIBER HOME LOANS, INC. 44 3.07% $5,323
U.S. Bank 43 3.06% $4,835
LPMC, LLC 37 3.21% $4,704
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 34 3.22% $4,770
MOVEMENT MORTGAGE, LLC 34 3.20% $5,516
JPMorgan Chase Bank 24 3.02% $5,434
OnPoint Community Credit Union 24 3.15% $3,544
AMERISAVE MORTGAGE CORPORATION 24 2.75% $6,431
Columbia State Bank 23 3.15% $4,314
FINANCE OF AMERICA MORTGAGE LLC 23 3.28% $5,188
FIBRE FEDERAL CREDIT UNION 22 2.93% $5,879
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 21 3.01% $5,498
BETTER MORTGAGE CORPORATION 21 2.93% $4,888
Sierra Pacific Mortgage Company, Inc. 19 3.02% $5,355
PACIFIC RESIDENTIAL MORTGAGE, LLC 19 3.24% $7,325
PENNYMAC LOAN SERVICES, LLC 18 3.19% $5,501
Flagstar Bank, FSB 17 3.26% $5,138
HOME POINT FINANCIAL CORPORATION 17 3.06% $6,545
BROKER SOLUTIONS, INC. 16 3.03% $5,707
DIRECTORS MORTGAGE, INC. 16 3.23% $6,323
Commerce Home Mortgage, Inc. 15 3.27% $5,349
GUARANTEED RATE, INC. 15 3.00% $5,487
Mr. Cooper ( Nationstar Mortgage ) 15 3.08% $6,415
SUMMIT FUNDING, INC. 15 3.25% $6,898
ACADEMY MORTGAGE CORPORATION 15 3.19% $5,336
SUMMIT MORTGAGE CORPORATION 13 3.10% $5,227
Bank of America 12 2.93% $4,377
HOMEBRIDGE FINANCIAL SERVICES, INC. 12 2.98% $5,908
Bank of the West 12 3.21% $6,878
Oregon State Credit Union 12 3.42% $4,241
CANOPY MORTGAGE, LLC 12 2.97% $5,803
ENVOY MORTGAGE, LTD 11 3.26% $5,301
PRIMELENDING, A PLAINSCAPITAL COMPANY 10 3.41% $5,809
Washington Federal Bank 10 3.31% $9,160
CHURCHILL MORTGAGE CORPORATION 10 3.29% $5,002
Hometown Lenders, Inc. 10 3.06% $7,508
NATIONS DIRECT MORTGAGE, LLC 10 3.21% $6,165
KeyBank 9 3.10% $3,691
PROVIDENT FUNDING ASSOCIATES, L.P. 9 2.68% $4,555
CHERRY CREEK MORTGAGE, LLC 9 3.31% $8,399
NEWREZ LLC 9 3.22% $5,087
CMG MORTGAGE, INC. 9 2.80% $5,189
MUTUAL OF OMAHA MORTGAGE, INC. 8 3.00% $5,505
FREEDOM MORTGAGE CORPORATION 8 3.06% $2,233
NAVY FEDERAL CREDIT UNION 8 3.20% $4,841
First Interstate Bank 7 2.95% $4,094
Rivermark Community Credit Union 6 3.27% $4,013
AMERICAN PACIFIC MORTGAGE CORPORATION 6 3.31% $7,988
S1L, Inc. 6 3.42% $4,943
FIRST TECHNOLOGY 6 2.92% $6,334
OREGON COMMUNITY 6 3.06% $4,607
ADVANTIS 5 2.88% $3,067
Unitus Community Credit Union 5 2.95% $5,627
PREMIER MORTGAGE RESOURCES, L.L.C. 5 3.35% $5,945
HomeStreet Bank 5 3.20% $5,852
ZILLOW HOME LOANS, LLC 4 3.19% $6,175
GENEVA FINANCIAL, LLC 4 3.16% $8,572
AXIA FINANCIAL, LLC 4 3.13% $7,364
AMERICAN FINANCING CORPORATION 4 2.97% $4,157
NETWORK CAPITAL FUNDING CORPORATION 4 2.84% $4,974
FIRST COMMUNITY 4 3.16% $3,477
Summit Mortgage Corporation 3 3.46% $8,856
ANGEL OAK MORTGAGE SOLUTIONS LLC 3 4.54% $11,768
Boeing Employees Credit Union 3 2.92% $3,481
FirstBank 3 2.83% $3,364
GSF Mortgage Corporation 3 3.38% $14,652
LENDUS, LLC 3 3.67% $5,801
Nations Lending Corporation 3 3.29% $9,499
NEXERA HOLDING LLC 3 3.92% $6,445
Paramount Residential Mortgage Group, Inc. 3 3.25% $5,745
PHH Mortgage Corporation 3 3.33% $6,663
Prosperity Home Mortgage, LLC 3 3.04% $4,421
SELCO COMMUNITY 3 2.92% $3,773
THE MORTGAGE COMPANY 3 3.21% $7,369
First Guaranty Mortgage Corporation 2 2.81% $5,293
FIRST CENTENNIAL MORTGAGE CORPORATION 2 2.88% $3,231
KELLER MORTGAGE, LLC 2 2.94% $6,047
LAKEVIEW LOAN SERVICING, LLC 2 3.31% $4,187
Magnolia Bank 2 2.87% $5,869
MANN FINANCIAL INC. 2 3.13% $8,522
MARION AND POLK SCHOOLS CREDIT UNION 2 2.94% $6,128
Morgan Stanley Private Bank 2 2.48% $5,442
MORTGAGE EXPRESS, LLC 2 2.94% $4,828
Citizens Bank 2 2.88% $4,812
NOVA FINANCIAL & INVESTMENT CORPORATION 2 3.38% $5,036
Chicago Mortgage Solutions LLC 2 2.88% $3,815
Pacific NW Federal Credit Union 2 2.75% $3,685
Century Mortgage Company DBA Century Lending Company 2 3.56% $3,753
Waterstone Mortgage Corporation 2 3.00% $7,390
CELEBRITY HOME LOANS, LLC 2 3.31% $7,457
Ally Bank 2 3.00% $3,298
PLAZA HOME MORTGAGE, INC. 2 2.94% $7,115
Banner Bank 2 3.00% $5,715
ROGUE 2 3.06% $4,640
ROUNDPOINT MORTGAGE SERVICING CORPORATION 2 3.38% $5,555
Wyndham Capital Mortgage, Inc. 2 3.06% $2,581
Axos Bank 2 3.06% $4,479
Stifel Bank and Trust 2 3.38% $2,882
Sunflower Bank 2 2.87% $5,512
AMERICAN FINANCIAL NETWORK, INC. 2 3.13% $12,117
Gateway First Bank 2 3.06% $6,542
First Mortgage Solutions, LLC 2 3.19% $4,373
COUNTRYPLACE MORTGAGE, LTD. 1 3.50% $6,027
NBH Bank 1 3.38% $6,500
NBKC BANK 1 3.38% $3,458
CORNERSTONE HOME LENDING, INC. 1 2.75% $25,233
THRIVENT Federal Credit Union 1 2.88% $5,388
Watermark Capital, Inc. 1 2.50% $4,825
NFM, INC. 1 3.38% $5,065
North American Savings Bank, F.S.B. 1 2.88% $2,442
Northwest Farm Credit Services, FLCA 1 3.50% $11,183
TIAA, FSB 1 2.75% $4,475
Citibank 1 2.75% $4,817
Citadel Servicing Corporation 1 5.00% $9,645
OREGONIANS CREDIT UNION 1 3.38% $3,586
TRIAD FINANCIAL SERVICES, INC. 1 4.50% $10,029
UBS Bank USA 1 3.00% $5,346
AmeriHome Mortgage Company, LLC 1 3.00% $5,086
PANORAMA MORTGAGE GROUP, LLC 1 2.75% $5,949
AMERICAN INTERNET MORTGAGE, INC. 1 2.63% $3,733
HighTechLending Inc 1 2.75% $2,566
PENTAGON FEDERAL CREDIT UNION 1 2.50% $6,566
People's Bank of Commerce 1 3.88% $4,708
American Airlines Federal Credit Union 1 3.00% $0
VERITAS FUNDING, LLC 1 2.88% $8,784
PREMIER AMERICA 1 2.63% $4,725
PREMIER LENDING, INC. 1 3.50% $3,821
BNC National Bank 1 3.00% $7,314
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 2.25% $26,635
BAYSHORE MORTGAGE FUNDING, LLC 1 3.63% $4,707
PRIORITY HOME LENDING, LLC 1 3.25% $3,332
Willamette Valley Bank 1 3.38% $3,990
BAY EQUITY LLC 1 3.25% $5,759
Barrington Bank & Trust Company, N.A. 1 3.25% $4,170
RED CANOE CREDIT UNION 1 3.00% $5,353
VERITY 1 3.50% $3,712
Golden Empire Mortgage, Inc. 1 3.12% $4,700
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 3.13% $5,877
Bank of England 1 3.50% $6,019
SAMMAMISH MORTGAGE COMPANY 1 2.99% $3,661
SECURITY HOME MORTGAGE, LLC. 1 2.75% $6,051
SECURITYNATIONAL MORTGAGE COMPANY 1 3.63% $4,644
Greenbox Loans, Inc. 1 3.49% $6,256
AMERICAN ADVISORS GROUP 1 3.00% $3,389
SOFI LENDING CORP. 1 3.13% $4,117
SOVEREIGN LENDING GROUP INCORPORATED 1 2.49% $8,110
SPOKANE TEACHERS 1 3.00% $7,570
SPRING EQ, LLC 1 2.75% $0
STAR ONE CREDIT UNION 1 3.63% $2,969
Arvest Bank 1 3.50% $4,121
First-Citizens Bank & Trust Company 1 3.13% $4,098
IMPAC MORTGAGE CORP. 1 4.38% $2,576
INSPIRE HOME LOANS INC. 1 3.13% $4,006
INTERCAP LENDING INC. 1 3.25% $4,281
iQ Credit Union 1 3.25% $3,629
JMAC LENDING, INC. 1 2.38% $9,920
GESA 1 3.38% $5,727
Strong Home Mortgage, LLC 1 2.75% $2,181
First Bank 1 3.38% $4,870
KINECTA 1 3.13% $4,443
LADERA LENDING, INC. 1 2.75% $4,469
ARC HOME LLC 1 3.00% $3,292
WASHINGTON STATE EMPLOYEES Credit Union 1 3.25% $3,201
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION 1 4.38% $4,091
EMM LOANS LLC 1 3.88% $20,390
ANGEL OAK HOME LOANS LLC 1 6.00% $9,663
AmRes Corporation 1 2.75% $4,432
First Savings Bank 1 3.00% $5,251
The Federal Savings Bank 1 2.63% $9,538
MORIA DEVELOPMENT, INC. 1 3.50% $3,851
ALAMEDA MORTGAGE CORPORATION 1 3.00% $6,771
MOUNTAIN WEST FINANCIAL, INC. 1 3.99% $9,630
EMBRACE HOME LOANS, INC. 1 3.25% $2,861
Elements Financial Federal Credit Union 1 3.00% $3,731
CU HOME MORTGAGE SOLUTIONS, LLC 1 3.50% $3,712
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 2.88% $4,357
Washington Trust Bank 1 2.99% $3,268

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.

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.