Newport Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Newport averaged 6.87% for the week of 2023-11-22, compared to the national average of 7.29% for the same period.

The average rate for the prior week (2023-11-16) was 7.02% and one month ago for the week of 2023-10-19, the average rate was 7.41%.

Newport's average rate one year ago was 6.19%.

For refis of the same type during the week of 2023-11-22, the average rate was 6.36%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-11-22 7.29%
Newport 30 Year Fixed Rate 2023-11-22 6.87%
Newport 30 Year Fixed Rate Refi 2023-11-22 6.36%
Newport 15 Year Fixed Rate 2023-11-22 6.67%
Newport 15 Year Fixed Rate Refi 2023-11-22 7.27%
Newport 30 Year FHA 2023-11-22 -0.13%
Newport 30 Year FHA Refi 2023-11-22 -0.1%
Newport 30 Year USDA 2023-11-22 0.1%
Newport 30 Year USDA Refi 2023-11-22 0%
Newport 30 Year VA 2023-11-22 -0.36%
Newport 30 Year VA Refi 2023-11-22 0%
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 lender, 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
QUICKEN LOANS, LLC 59 4.71% $9,198
UNITED WHOLESALE MORTGAGE, LLC 41 4.98% $7,540
GUILD MORTGAGE COMPANY 34 4.99% $8,397
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 33 5.30% $8,556
Wells Fargo Bank 31 4.48% $6,508
CROSSCOUNTRY MORTGAGE, LLC 30 5.23% $7,775
Sierra Pacific Mortgage Company, Inc. 30 4.54% $7,419
CALIBER HOME LOANS, INC. 28 4.74% $6,274
Umpqua Bank 27 4.71% $6,014
U.S. Bank 25 4.81% $6,431
LPMC, LLC 21 5.10% $6,088
CHURCHILL MORTGAGE CORPORATION 17 5.16% $9,422
LOANDEPOT.COM, LLC 16 3.96% $8,297
OnPoint Community Credit Union 15 4.98% $7,038
Washington Federal Bank 15 4.28% $8,510
DIRECTORS MORTGAGE, INC. 15 5.66% $8,554
FIBRE FEDERAL CREDIT UNION 13 4.58% $6,281
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 12 5.23% $6,667
Bank of the West 12 4.13% $7,072
HOMEBRIDGE FINANCIAL SERVICES, INC. 12 4.94% $9,630
MOVEMENT MORTGAGE, LLC 11 4.76% $7,836
HOME POINT FINANCIAL CORPORATION 11 5.10% $10,640
CMG MORTGAGE, INC. 10 5.00% $6,287
KeyBank 10 4.65% $6,130
JPMorgan Chase Bank 10 4.02% $5,793
Flagstar Bank, FSB 10 4.07% $7,857
Oregon State Credit Union 9 5.50% $5,820
SUMMIT FUNDING, INC. 8 5.14% $9,722
Mr. Cooper ( Nationstar Mortgage ) 7 4.32% $10,628
Bank of America 7 4.04% $4,612
FINANCE OF AMERICA MORTGAGE LLC 6 4.39% $6,549
MORTGAGE EXPRESS, LLC 6 4.79% $5,753
NATIONS DIRECT MORTGAGE, LLC 5 5.65% $8,171
FREEDOM MORTGAGE CORPORATION 5 3.73% $5,558
FIRST TECHNOLOGY 5 4.90% $6,670
PENNYMAC LOAN SERVICES, LLC 5 4.25% $7,625
BROKER SOLUTIONS, INC. 5 5.10% $9,007
PRIMELENDING, A PLAINSCAPITAL COMPANY 5 5.33% $9,280
ENVOY MORTGAGE, LTD 5 4.20% $6,008
AMERISAVE MORTGAGE CORPORATION 4 4.41% $10,792
USAA Federal Savings Bank 4 5.59% $5,029
Columbia State Bank 4 3.90% $5,629
ACADEMY MORTGAGE CORPORATION 4 6.13% $9,137
GUARANTEED RATE, INC. 4 4.54% $6,866
Nations Lending Corporation 4 4.56% $6,569
Commerce Home Mortgage, Inc. 3 5.00% $8,209
MUFG Union Bank 3 5.21% $5,516
Ally Bank 3 5.67% $4,085
NEWREZ LLC 3 5.46% $5,134
North American Savings Bank, F.S.B. 3 4.33% $5,906
BETTER MORTGAGE CORPORATION 3 3.13% $6,464
OREGON COMMUNITY 3 4.25% $3,114
PACIFIC RESIDENTIAL MORTGAGE, LLC 3 3.96% $5,418
CARDINAL FINANCIAL 3 3.00% $8,767
PREMIER MORTGAGE RESOURCES, L.L.C. 3 5.13% $12,239
S1L, Inc. 3 4.50% $8,631
Charles Schwab Bank, SSB 3 4.00% $6,148
SUMMIT MORTGAGE CORPORATION 3 3.71% $5,831
HomeStreet Bank 3 4.67% $5,769
Willamette Valley Bank 3 3.96% $10,711
ZILLOW HOME LOANS, LLC 3 6.50% $10,092
Bank of England 3 4.96% $6,444
MANN FINANCIAL INC. 3 5.88% $11,247
HOMEXPRESS MORTGAGE CORP. 2 5.88% $11,556
IDAHO CENTRAL 2 6.50% $8,540
GSF Mortgage Corporation 2 5.88% $16,596
GENEVA FINANCIAL, LLC 2 5.19% $9,477
Unitus Community Credit Union 2 4.50% $4,428
Century Mortgage Company DBA Century Lending Company 2 4.81% $7,675
ROGUE 2 5.06% $3,081
Rivermark Community Credit Union 2 4.44% $5,473
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 5.50% $8,459
RED CANOE CREDIT UNION 2 5.75% $12,467
PLAZA HOME MORTGAGE, INC. 2 4.75% $8,066
Banner Bank 2 5.69% $7,873
Magnolia Bank 2 5.06% $7,302
Zions Bank 2 3.31% $9,878
ADVANTIS 2 3.63% $4,342
PENTAGON FEDERAL CREDIT UNION 2 5.50% $3,324
AMERICAN PACIFIC MORTGAGE CORPORATION 2 6.19% $8,717
ONY GLO, INC. 2 4.44% $11,831
Morgan Stanley Private Bank 2 3.90% $4,569
STEARNS LENDING, LLC 2 3.06% $6,745
BEST CAPITAL FUNDING 2 6.12% $5,440
Sunflower Bank 2 5.56% $9,549
CHERRY CREEK MORTGAGE, LLC 2 4.19% $650
1st Security Bank of Washington 2 7.00% $10,874
Hometown Lenders, Inc. 2 5.25% $9,156
NEXERA HOLDING LLC 1 7.13% $10,355
Academy Bank 1 6.50% $4,076
AIR ACADEMY 1 5.88% $10,018
Amalgamated Bank 1 2.50% $10,045
AMERICAN FINANCING CORPORATION 1 5.50% $6,288
AmeriHome Mortgage Company, LLC 1 3.99% $7,647
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 7.00% $6,410
ARC HOME LLC 1 3.38% $5,837
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 5.99% $2,218
AXIA FINANCIAL, LLC 1 3.00% $8,595
BAY EQUITY LLC 1 3.50% $6,139
BOKF 1 6.50% $26,173
CANOPY MORTGAGE, LLC 1 6.13% $22,562
CENTRAL WILLAMETTE Credit Union 1 3.88% $3,292
Clackamas Federal Credit Union 1 7.00% $3,696
COAST 2 COAST FUNDING GROUP, INC. 1 6.13% $3,251
Colonial Savings, F.A. 1 5.38% $7,179
COLUMBIA COMMUNITY CREDIT UNION 1 5.75% $3,443
Consolidated Federal Credit Union 1 3.50% $8,844
Discover Bank 1 3.49% $0
DRAPER AND KRAMER MORTGAGE CORP. 1 4.50% $5,524
EVERETT FINANCIAL, INC. 1 3.50% $3,312
FIRST COLONY MORTGAGE CORPORATION 1 3.88% $14,718
FIRST COMMUNITY 1 5.63% $3,895
First Interstate Bank 1 3.88% $4,471
First Republic Bank 1 3.40% $8,625
First Savings Bank 1 4.88% $8,071
First State Bank of St. Charles, Missouri 1 6.38% $15,783
FUNDLOANS CAPITAL 1 6.99% $11,535
Gateway First Bank 1 5.88% $8,532
Greenbox Loans, Inc. 1 3.50% $12,687
GUARANTEED RATE AFFINITY, LLC 1 4.38% $9,073
HOME MORTGAGE ALLIANCE, LLC 1 4.50% $5,069
INTERCAP LENDING INC. 1 3.25% $7,342
iQ Credit Union 1 5.75% $3,636
LADERA LENDING, INC. 1 5.63% $8,189
Lakeview Community Capital, LLC 1 3.50% $7,819
LAKEVIEW LOAN SERVICING, LLC 1 5.38% $7,584
LEADERONE FINANCIAL CORPORATION 1 6.38% $7,243
MARION AND POLK SCHOOLS CREDIT UNION 1 6.38% $4,981
MASON MCDUFFIE MORTGAGE CORPORATION 1 5.00% $3,774
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 3.38% $7,800
MOUNTAIN AMERICA 1 5.13% $3,776
MUTUAL OF OMAHA MORTGAGE, INC. 1 3.63% $9,859
NAVY FEDERAL CREDIT UNION 1 4.75% $19,400
NBKC BANK 1 4.38% $3,314
NFM, INC. 1 3.50% $7,195
Northpointe Bank 1 6.13% $16,163
Northwest Farm Credit Services, FLCA 1 5.45% $18,201
NUMERICA CREDIT UNION 1 5.25% $9,569
OCMBC, INC. 1 9.13% $26,947
Operating Engineers Local Union #3 1 3.25% $4,424
PANORAMA MORTGAGE GROUP, LLC 1 6.38% $4,683
Paramount Residential Mortgage Group, Inc. 1 5.50% $10,157
PHH Mortgage Corporation 1 2.75% $8,602
Plains Commerce Bank 1 5.88% $17,335
PLANET HOME LENDING, LLC 1 3.38% $5,429
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 5.63% $5,831
Quontic Bank 1 5.00% $19,568
RBC Bank, (Georgia) 1 5.75% $2,200
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 3.50% $8,306
Royal Credit Union 1 6.12% $5,056
SAMMAMISH MORTGAGE COMPANY 1 5.75% $8,419
SECURITYNATIONAL MORTGAGE COMPANY 1 6.13% $22,485
SELCO COMMUNITY 1 3.13% $3,794
Servion, Inc. 1 3.75% $5,873
State Department Federal Credit Union 1 5.00% $12,841
Stifel Bank and Trust 1 3.75% $5,003
Strong Home Mortgage, LLC 1 5.12% $3,881
Summit Mortgage Corporation 1 6.13% $10,224
SWBC MORTGAGE CORPORATION 1 4.50% $458
The Central Trust Bank 1 6.25% $4,565
The Federal Savings Bank 1 4.50% $12,890
The Huntington National Bank 1 5.50% $10,595
TOP FLITE FINANCIAL, INC. 1 3.75% $4,874
WASHINGTON STATE EMPLOYEES Credit Union 1 3.50% $3,765
WESCOM CENTRAL CREDIT UNION 1 6.38% $4,566

Newport Average Closing Costs & Other Stats

Newport, OR's 165 lenders originated 1,743 loans during 2022. The total origination value was $548,285,000, with an average loan value of $314,564.

Newport's average closing costs are $6,144.

The top Newport lender as defined by loan originations is QUICKEN LOANS, LLC, with 59 loans originated. Their average total fees are $9,198, which is $1,658 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Newport lenders (with over 10 loans originated) are JPMorgan Chase Bank ($5,793), Umpqua Bank ($6,014), LPMC, LLC ($6,088), KeyBank ($6,130) and CALIBER HOME LOANS, INC. ($6,274).

The lowest rate Newport lenders (with over 10 loans originated) are LOANDEPOT.COM, LLC (3.96%), JPMorgan Chase Bank (4.02%), Flagstar Bank, FSB (4.07%), Bank of the West (4.13%) and Washington Federal Bank (4.28%).

Newport, OR 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
QUICKEN LOANS, LLC $66,760,000 $29,880,000 -55.2% 5.4%
UNITED WHOLESALE MORTGAGE, LLC $38,175,000 $24,680,000 -35.4% 4.5%
Umpqua Bank $36,955,000 $24,500,000 -33.7% 4.5%
CROSSCOUNTRY MORTGAGE, LLC $32,540,000 $19,415,000 -40.3% 3.5%
U.S. Bank $30,255,000 $19,330,000 -36.1% 3.5%
HomeStreet Bank $11,620,000 $17,755,000 52.8% 3.2%
GUILD MORTGAGE COMPANY $34,235,000 $17,210,000 -49.7% 3.1%
EVERGREEN MONEYSOURCE MORTGAGE COMPANY $34,630,000 $17,015,000 -50.9% 3.1%
CALIBER HOME LOANS, INC. $22,470,000 $13,280,000 -40.9% 2.4%
Wells Fargo Bank $23,050,000 $13,190,000 -42.8% 2.4%
Sierra Pacific Mortgage Company, Inc. $6,840,000 $12,320,000 80.1% 2.2%
OnPoint Community Credit Union $10,510,000 $11,415,000 8.6% 2.1%
Washington Federal Bank $9,610,000 $10,630,000 10.6% 1.9%
Oregon State Credit Union $6,840,000 $9,910,000 44.9% 1.8%
LOANDEPOT.COM, LLC $23,655,000 $9,830,000 -58.4% 1.8%
FIBRE FEDERAL CREDIT UNION $9,370,000 $8,910,000 -4.9% 1.6%
LPMC, LLC $13,235,000 $8,850,000 -33.1% 1.6%
CHURCHILL MORTGAGE CORPORATION $6,520,000 $8,275,000 26.9% 1.5%
Columbia State Bank $12,685,000 $8,135,000 -35.9% 1.5%
Flagstar Bank, FSB $7,625,000 $8,035,000 5.4% 1.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $14,770,000 $7,530,000 -49.0% 1.4%
HOME POINT FINANCIAL CORPORATION $12,980,000 $7,395,000 -43.0% 1.3%
DIRECTORS MORTGAGE, INC. $5,735,000 $7,040,000 22.8% 1.3%
Bank of the West $6,350,000 $6,300,000 -0.8% 1.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $6,810,000 $6,270,000 -7.9% 1.1%
MOVEMENT MORTGAGE, LLC $13,260,000 $6,255,000 -52.8% 1.1%
Mortgage Research Center, LLC $10,490,000 $5,640,000 -46.2% 1.0%
Pacific Premier Bank $5,330,000 n/a 1.0%
KeyBank $4,135,000 $5,085,000 23.0% 0.9%
AMERISAVE MORTGAGE CORPORATION $8,350,000 $4,980,000 -40.4% 0.9%
FIRST TECHNOLOGY $7,465,000 $4,950,000 -33.7% 0.9%
NATIONS DIRECT MORTGAGE, LLC $6,165,000 $4,940,000 -19.9% 0.9%
FREEDOM MORTGAGE CORPORATION $14,930,000 $4,845,000 -67.5% 0.9%
JPMorgan Chase Bank $12,490,000 $4,575,000 -63.4% 0.8%
PENNYMAC LOAN SERVICES, LLC $11,855,000 $4,570,000 -61.5% 0.8%
CMG MORTGAGE, INC. $4,485,000 $4,310,000 -3.9% 0.8%
Bank of America $4,365,000 $4,130,000 -5.4% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $7,980,000 $3,680,000 -53.9% 0.7%
SUMMIT FUNDING, INC. $4,625,000 $3,645,000 -21.2% 0.7%
ENVOY MORTGAGE, LTD $3,865,000 $3,205,000 -17.1% 0.6%
ACADEMY MORTGAGE CORPORATION $6,145,000 $3,085,000 -49.8% 0.6%
FINANCE OF AMERICA MORTGAGE LLC $8,905,000 $3,040,000 -65.9% 0.6%
AMERICAN ADVISORS GROUP $2,460,000 $2,945,000 19.7% 0.5%
MORTGAGE EXPRESS, LLC $5,895,000 $2,865,000 -51.4% 0.5%
Banner Bank $1,835,000 $2,845,000 55.0% 0.5%
Commerce Home Mortgage, Inc. $5,955,000 $2,610,000 -56.2% 0.5%
USAA Federal Savings Bank $3,670,000 $2,505,000 -31.7% 0.5%
MANN FINANCIAL INC. $810,000 $2,465,000 204.3% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $4,180,000 $2,465,000 -41.0% 0.4%
NEWREZ LLC $5,135,000 $2,415,000 -53.0% 0.4%
1st Security Bank of Washington $1,790,000 $2,380,000 33.0% 0.4%
BROKER SOLUTIONS, INC. $7,705,000 $2,315,000 -70.0% 0.4%
Nations Lending Corporation $2,220,000 $2,270,000 2.3% 0.4%
GUARANTEED RATE, INC. $8,120,000 $2,255,000 -72.2% 0.4%
Charles Schwab Bank, SSB $2,220,000 n/a 0.4%
Willamette Valley Bank $530,000 $2,195,000 314.2% 0.4%
NAVY FEDERAL CREDIT UNION $6,085,000 $2,115,000 -65.2% 0.4%
OREGON COMMUNITY $3,245,000 $2,080,000 -35.9% 0.4%
NEW DAY FINANCIAL, LLC $2,230,000 $2,030,000 -9.0% 0.4%
First Interstate Bank $2,795,000 $1,980,000 -29.2% 0.4%
AMERICAN PACIFIC MORTGAGE CORPORATION $4,055,000 $1,970,000 -51.4% 0.4%
S1L, Inc. $1,995,000 $1,850,000 -7.3% 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $3,575,000 $1,840,000 -48.5% 0.3%
Amalgamated Bank $1,765,000 n/a 0.3%
ZILLOW HOME LOANS, LLC $1,345,000 $1,750,000 30.1% 0.3%
MUFG Union Bank $1,700,000 n/a 0.3%
Sunflower Bank $580,000 $1,675,000 188.8% 0.3%
PacWest Funding Inc. $755,000 $1,610,000 113.2% 0.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $8,110,000 $1,520,000 -81.3% 0.3%
Hometown Lenders, Inc. $3,445,000 $1,420,000 -58.8% 0.3%
LENDSURE MORTGAGE CORP. $1,345,000 n/a 0.2%
North American Savings Bank, F.S.B. $2,050,000 $1,325,000 -35.4% 0.2%
PACIFIC RESIDENTIAL MORTGAGE, LLC $8,445,000 $1,325,000 -84.3% 0.2%
Gateway First Bank $800,000 $1,250,000 56.3% 0.2%
OPEN MORTGAGE, LLC $1,250,000 n/a 0.2%
Magnolia Bank $800,000 $1,245,000 55.6% 0.2%
CIVIC FINANCIAL SERVICES, LLC $135,000 $1,180,000 774.1% 0.2%
Morgan Stanley Private Bank $1,660,000 $1,180,000 -28.9% 0.2%
BETTER MORTGAGE CORPORATION $11,520,000 $1,175,000 -89.8% 0.2%
SUMMIT MORTGAGE CORPORATION $4,845,000 $1,155,000 -76.2% 0.2%
IDAHO CENTRAL $1,150,000 n/a 0.2%
PENTAGON FEDERAL CREDIT UNION $165,000 $1,150,000 597.0% 0.2%
PREMIER MORTGAGE RESOURCES, L.L.C. $3,950,000 $1,150,000 -70.9% 0.2%
Ally Bank $1,310,000 $1,115,000 -14.9% 0.2%
GSF Mortgage Corporation $1,620,000 $1,110,000 -31.5% 0.2%
Barrington Bank & Trust Company, N.A. $1,380,000 $1,085,000 -21.4% 0.2%
LAKEVIEW LOAN SERVICING, LLC $4,920,000 $1,085,000 -77.9% 0.2%
The Federal Savings Bank $1,915,000 $1,055,000 -44.9% 0.2%
PHH Mortgage Corporation $1,235,000 $1,015,000 -17.8% 0.2%
Zions Bancorporation, N.A. $990,000 n/a 0.2%
CHERRY CREEK MORTGAGE, LLC $3,185,000 $980,000 -69.2% 0.2%
Bank of England $525,000 $955,000 81.9% 0.2%
RED CANOE CREDIT UNION $380,000 $910,000 139.5% 0.2%
OCMBC, INC. $885,000 n/a 0.2%
Rivermark Community Credit Union $1,780,000 $875,000 -50.8% 0.2%
MARION AND POLK SCHOOLS CREDIT UNION $985,000 $860,000 -12.7% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $550,000 $860,000 56.4% 0.2%
CREDIT HUMAN FEDERAL CREDIT UNION $740,000 $855,000 15.5% 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $850,000 n/a 0.2%
ONY GLO, INC. $355,000 $850,000 139.4% 0.2%
Paramount Residential Mortgage Group, Inc. $1,070,000 $830,000 -22.4% 0.2%
Unitus Community Credit Union $1,855,000 $815,000 -56.1% 0.1%
First Republic Bank $805,000 n/a 0.1%
GUARANTEED RATE AFFINITY, LLC $805,000 n/a 0.1%
Northpointe Bank $790,000 n/a 0.1%
HOMEXPRESS MORTGAGE CORP. $665,000 $760,000 14.3% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $740,000 n/a 0.1%
GENEVA FINANCIAL, LLC $1,415,000 $730,000 -48.4% 0.1%
Northwest Farm Credit Services, FLCA $355,000 $705,000 98.6% 0.1%
Quontic Bank $705,000 n/a 0.1%
STEARNS LENDING, LLC $19,905,000 $705,000 -96.5% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $965,000 $690,000 -28.5% 0.1%
AIR ACADEMY $685,000 n/a 0.1%
ROGUE $595,000 $665,000 11.8% 0.1%
BOKF $645,000 n/a 0.1%
First State Bank of St. Charles, Missouri $645,000 n/a 0.1%
State Department Federal Credit Union $645,000 n/a 0.1%
Summit Mortgage Corporation $1,250,000 $645,000 -48.4% 0.1%
BEST CAPITAL FUNDING $640,000 n/a 0.1%
VERITAS FUNDING, LLC $405,000 $640,000 58.0% 0.1%
The Huntington National Bank $115,000 $635,000 452.2% 0.1%
Clackamas Federal Credit Union $600,000 n/a 0.1%
iQ Credit Union $650,000 $590,000 -9.2% 0.1%
PLAZA HOME MORTGAGE, INC. $1,120,000 $590,000 -47.3% 0.1%
LONGBRIDGE FINANCIAL, LLC $1,005,000 $585,000 -41.8% 0.1%
American Airlines Federal Credit Union $320,000 $580,000 81.3% 0.1%
BAY EQUITY LLC $1,055,000 $580,000 -45.0% 0.1%
CANOPY MORTGAGE, LLC $3,875,000 $575,000 -85.2% 0.1%
LENDINGHOME FUNDING CORPORATION $560,000 n/a 0.1%
BNC National Bank $305,000 $555,000 82.0% 0.1%
Royal Credit Union $545,000 n/a 0.1%
REVERSE MORTGAGE FUNDING LLC $540,000 n/a 0.1%
Heritage Bank $535,000 n/a 0.1%
SECURITYNATIONAL MORTGAGE COMPANY $275,000 $535,000 94.5% 0.1%
WASHINGTON STATE EMPLOYEES Credit Union $330,000 $525,000 59.1% 0.1%
TOP FLITE FINANCIAL, INC. $515,000 n/a 0.1%
ADVANTIS $1,310,000 $510,000 -61.1% 0.1%
SELCO COMMUNITY $745,000 $505,000 -32.2% 0.1%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $275,000 $495,000 80.0% 0.1%
First Savings Bank $165,000 $495,000 200.0% 0.1%
SPRING EQ, LLC $350,000 $490,000 40.0% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $1,695,000 $490,000 -71.1% 0.1%
ALLIANT CREDIT UNION $470,000 $485,000 3.2% 0.1%
SAMMAMISH MORTGAGE COMPANY $780,000 $485,000 -37.8% 0.1%
Academy Bank $480,000 n/a 0.1%
Century Mortgage Company DBA Century Lending Company $815,000 $480,000 -41.1% 0.1%
Consolidated Federal Credit Union $475,000 n/a 0.1%
Greenbox Loans, Inc. $475,000 $475,000 0.0% 0.1%
MOUNTAIN AMERICA $1,010,000 $470,000 -53.5% 0.1%
NBKC BANK $545,000 $465,000 -14.7% 0.1%
AmeriHome Mortgage Company, LLC $440,000 $455,000 3.4% 0.1%
AMERICAN FINANCING CORPORATION $1,235,000 $440,000 -64.4% 0.1%
Hometown Equity Mortgage, LLC $435,000 n/a 0.1%
21ST MORTGAGE CORPORATION $230,000 $430,000 87.0% 0.1%
IMPAC MORTGAGE CORP. $255,000 $430,000 68.6% 0.1%
MASON MCDUFFIE MORTGAGE CORPORATION $430,000 n/a 0.1%
Ixonia Bank $425,000 n/a 0.1%
RANLIFE, INC. $420,000 $425,000 1.2% 0.1%
Stifel Bank and Trust $470,000 $415,000 -11.7% 0.1%
FIRST COLONY MORTGAGE CORPORATION $405,000 n/a 0.1%
FUNDLOANS CAPITAL $405,000 n/a 0.1%
NEXERA HOLDING LLC $735,000 $405,000 -44.9% 0.1%
PLANET HOME LENDING, LLC $240,000 $405,000 68.8% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $395,000 n/a 0.1%
KELLER MORTGAGE, LLC $750,000 $395,000 -47.3% 0.1%
Servion, Inc. $165,000 $380,000 130.3% 0.1%
Plains Commerce Bank $375,000 n/a 0.1%
SWBC MORTGAGE CORPORATION $375,000 n/a 0.1%
V.I.P. MORTGAGE, INC. $375,000 n/a 0.1%
Boeing Employees Credit Union $1,645,000 $365,000 -77.8% 0.1%
HOME MORTGAGE ALLIANCE, LLC $365,000 n/a 0.1%
FIRST COMMUNITY $1,355,000 $355,000 -73.8% 0.1%
Gallic & Johnson, LLC $355,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $195,000 $350,000 79.5% 0.1%
PANORAMA MORTGAGE GROUP, LLC $185,000 $345,000 86.5% 0.1%
CENTRAL WILLAMETTE Credit Union $135,000 $340,000 151.9% 0.1%
Equity Prime Mortgage LLC $335,000 n/a 0.1%
ON Q FINANCIAL, INC. $385,000 $335,000 -13.0% 0.1%
Operating Engineers Local Union #3 $335,000 n/a 0.1%
WESCOM CENTRAL CREDIT UNION $335,000 n/a 0.1%
NFM, INC. $155,000 $325,000 109.7% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $2,960,000 $315,000 -89.4% 0.1%
M&T Bank $315,000 n/a 0.1%
NETWORK CAPITAL FUNDING CORPORATION $2,120,000 $315,000 -85.1% 0.1%
AXIA FINANCIAL, LLC $1,540,000 $305,000 -80.2% 0.1%
EVERETT FINANCIAL, INC. $305,000 n/a 0.1%
Low VA Rates, LLC $655,000 $305,000 -53.4% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $495,000 $305,000 -38.4% 0.1%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $420,000 $295,000 -29.8% 0.1%
Carrington Mortgage Services, LLC $1,845,000 $290,000 -84.3% 0.1%
COAST 2 COAST FUNDING GROUP, INC. $285,000 n/a 0.1%
CONTOUR MORTGAGE CORPORATION $285,000 n/a 0.1%
RBC Bank, (Georgia) $285,000 n/a 0.1%
Strong Home Mortgage, LLC $790,000 $285,000 -63.9% 0.1%
Lakeview Community Capital, LLC $280,000 n/a 0.1%
LADERA LENDING, INC. $445,000 $275,000 -38.2% 0.1%
ARC HOME LLC $245,000 $265,000 8.2% 0.0%
MID AMERICA MORTGAGE, INC. $415,000 $265,000 -36.1% 0.0%
TOWER $255,000 n/a 0.0%
Discover Bank $150,000 $245,000 63.3% 0.0%
LEADERONE FINANCIAL CORPORATION $245,000 n/a 0.0%
NUMERICA CREDIT UNION $245,000 n/a 0.0%
ALL REVERSE MORTGAGE, INC. $235,000 n/a 0.0%
Citadel Servicing Corporation $1,705,000 $225,000 -86.8% 0.0%
COLUMBIA COMMUNITY CREDIT UNION $635,000 $225,000 -64.6% 0.0%
Colonial Savings, F.A. $215,000 n/a 0.0%
People's Bank of Commerce $165,000 $215,000 30.3% 0.0%
CHARTWAY FEDERAL CREDIT UNION $205,000 n/a 0.0%
LOANPAL, LLC $435,000 $205,000 -52.9% 0.0%
Figure Lending LLC $115,000 $180,000 56.5% 0.0%
INTERCAP LENDING INC. $370,000 $175,000 -52.7% 0.0%
QUORUM FEDERAL CREDIT UNION $105,000 $170,000 61.9% 0.0%
Arvest Bank $145,000 $165,000 13.8% 0.0%
The Central Trust Bank $165,000 $155,000 -6.1% 0.0%
SOUND $145,000 n/a 0.0%
Goldwater Bank, N.A. $135,000 n/a 0.0%
Chickasaw Community Bank $115,000 $105,000 -8.7% 0.0%
OREGONIANS CREDIT UNION $215,000 $85,000 -60.5% 0.0%
ROYAL UNITED MORTGAGE LLC $85,000 n/a 0.0%
USAGENCIES $80,000 n/a 0.0%
PREMIER AMERICA $505,000 $75,000 -85.1% 0.0%
HERITAGE GROVE Federal Credit Union $65,000 n/a 0.0%
NuVision Federal Credit Union $55,000 n/a 0.0%
NORTHWEST COMMUNITY $515,000 $25,000 -95.1% 0.0%

Newport's top lender by overall market share is QUICKEN LOANS, LLC, with 5.4% market share. In second place, with 4.5%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $24,680,000 in loans. In third place, with 4.5%, is Umpqua Bank, having originated $24,500,000 in loans. In fourth place, with 3.5%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $19,415,000 in loans. In fifth place, with 3.5%, is U.S. Bank, having originated $19,330,000 in loans.


Newport Housing Market Trends (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 $375,000 (5.4%) $453,890 (8.9%) 0.00 517
2018-02-01 $388,625 (8.0%) $462,853 (9.8%) 0.00 504
2018-03-01 $386,250 (7.4%) $460,699 (9.2%) 0.00 534
2018-04-01 $384,000 (6.8%) $460,417 (10.7%) 0.00 575
2018-05-01 $383,000 (3.0%) $468,496 (8.6%) 0.00 604
2018-06-01 $379,000 (3.3%) $456,040 (5.3%) 0.00 657
2018-07-01 $381,250 (4.5%) $463,328 (7.2%) 0.00 659
2018-08-01 $389,225 (3.8%) $474,054 (7.6%) 0.00 632
2018-09-01 $396,450 (4.6%) $472,458 (5.4%) 0.00 618
2018-10-01 $389,000 (0.0%) $478,824 (5.5%) 0.00 539
2018-11-01 $397,350 (2.2%) $484,360 (5.7%) 0.00 503
2018-12-01 $399,000 (3.9%) $490,368 (7.5%) 0.00 478
2019-01-01 $399,000 (6.4%) $496,574 (9.4%) 0.00 430
2019-02-01 $399,000 (2.7%) $493,483 (6.6%) 0.00 462
2019-03-01 $403,050 (4.4%) $484,367 (5.1%) 0.00 480
2019-04-01 $407,775 (6.2%) $481,746 (4.6%) 0.00 495
2019-05-01 $399,450 (4.3%) $460,673 (-1.7%) 0.00 510
2019-06-01 $399,000 (5.3%) $463,723 (1.7%) 0.00 551
2019-07-01 $399,000 (4.7%) $466,571 (0.7%) 0.00 573
2019-08-01 $396,273 (1.8%) $460,782 (-2.8%) 0.00 573
2019-09-01 $392,182 (-1.1%) $457,900 (-3.1%) 0.00 561
2019-10-01 $389,955 (0.3%) $460,980 (-3.7%) 0.00 549
2019-11-01 $399,000 (0.4%) $479,899 (-0.9%) 0.00 494
2019-12-01 $399,450 (0.1%) $485,561 (-1.0%) 0.00 430
2020-01-01 $399,500 (0.1%) $490,311 (-1.3%) 0.00 386
2020-02-01 $384,900 (-3.5%) $480,514 (-2.6%) 0.00 379
2020-03-01 $383,225 (-4.9%) $471,180 (-2.7%) 0.00 417
2020-04-01 $377,450 (-7.4%) $466,095 (-3.3%) 0.00 420
2020-05-01 $387,000 (-3.1%) $476,645 (3.5%) 0.00 410
2020-06-01 $392,000 (-1.8%) $471,174 (1.6%) 0.00 396
2020-07-01 $406,000 (1.8%) $493,002 (5.7%) 0.00 365
2020-08-01 $445,000 (12.3%) $532,207 (15.5%) 0.00 275
2020-09-01 $446,700 (13.9%) $551,727 (20.5%) 0.00 232
2020-10-01 $445,000 (14.1%) $563,832 (22.3%) 0.00 223
2020-11-01 $442,475 (10.9%) $561,956 (17.1%) 0.00 199
2020-12-01 $442,325 (10.7%) $575,561 (18.5%) 0.00 162
2021-01-01 $499,950 (25.1%) $587,175 (19.8%) 0.00 115
2021-02-01 $455,075 (18.2%) $613,879 (27.8%) 0.00 121
2021-03-01 $472,225 (23.2%) $601,227 (27.6%) 0.00 128
2021-04-01 $532,250 (41.0%) $651,099 (39.7%) 0.00 150
2021-05-01 $533,000 (37.7%) $677,225 (42.1%) 0.00 151
2021-06-01 $555,000 (41.6%) $685,657 (45.5%) 0.00 165
2021-07-01 $530,000 (30.5%) $664,561 (34.8%) 0.00 178
2021-08-01 $571,250 (28.4%) $722,649 (35.8%) 0.00 183
2021-09-01 $584,475 (30.8%) $724,435 (31.3%) 0.00 183
2021-10-01 $580,100 (30.4%) $737,576 (30.8%) 0.00 171
2021-11-01 $566,975 (28.1%) $730,956 (30.1%) 0.00 160
2021-12-01 $573,725 (29.7%) $751,893 (30.6%) 0.00 124
2022-01-01 $569,900 (14.0%) $731,461 (24.6%) 0.00 124
2022-02-01 $583,725 (28.3%) $703,729 (14.6%) 0.00 117
2022-03-01 $546,800 (15.8%) $682,830 (13.6%) 0.00 121
2022-04-01 $599,900 (12.7%) $696,465 (7.0%) 0.00 139
2022-05-01 $599,000 (12.4%) $648,464 (-4.3%) 0.00 173
2022-06-01 $542,000 (-2.3%) $620,554 (-9.5%) 0.00 226
2022-07-01 $550,000 (3.8%) $645,046 (-2.9%) 0.00 277
2022-08-01 $599,000 (4.9%) $698,617 (-3.3%) 0.00 297
2022-09-01 $572,719 (-2.0%) $691,819 (-4.5%) 0.00 291
2022-10-01 $549,500 (-5.3%) $673,715 (-8.7%) 0.00 273
2022-11-01 $538,500 (-5.0%) $642,340 (-12.1%) 0.00 258
2022-12-01 $529,000 (-7.8%) $653,006 (-13.2%) 0.00 238
2023-01-01 $507,500 (-11.0%) $641,762 (-12.3%) 0.00 218
2023-02-01 $522,500 (-10.5%) $676,059 (-3.9%) 0.00 218
2023-03-01 $583,750 (6.8%) $708,357 (3.7%) 0.00 229
2023-04-01 $591,950 (-1.3%) $708,985 (1.8%) 0.00 243
2023-05-01 $616,750 (3.0%) $718,604 (10.8%) 0.00 268
2023-06-01 $599,450 (10.6%) $719,540 (16.0%) 0.00 319
2023-07-01 $599,900 (9.1%) $707,213 (9.6%) 0.00 378
2023-08-01 $587,000 (-2.0%) $687,922 (-1.5%) 0.00 375
2023-09-01 $589,000 (2.8%) $693,437 (0.2%) 0.00 355
2023-10-01 $596,000 (8.5%) $700,586 (4.0%) 0.00 350
Newport's median listing price for 2023-10-01 was $596,000, a difference of $46,500 (8.5%) versus the prior year and $7,000 versus the prior month.

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

Newport's average listing price for 2023-10-01 was $700,586, a difference of $26,871 (4.0%) versus the prior year and $7,149 versus the prior month.

For the 2023-10-01 period, Newport had 350 MLS listings, a difference of -5 listings (-1%) versus the prior month and 77 listings (28%) 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 1,856 sqft
2018-02-01 0 days 1,868 sqft
2018-03-01 0 days 1,848 sqft
2018-04-01 0 days 1,835 sqft
2018-05-01 0 days 1,858 sqft
2018-06-01 0 days 1,812 sqft
2018-07-01 0 days 1,844 sqft
2018-08-01 0 days 1,860 sqft
2018-09-01 0 days 1,835 sqft
2018-10-01 0 days 1,864 sqft
2018-11-01 0 days 1,855 sqft
2018-12-01 0 days 1,810 sqft
2019-01-01 0 days 1,836 sqft
2019-02-01 0 days 1,797 sqft
2019-03-01 0 days 1,813 sqft
2019-04-01 0 days 1,805 sqft
2019-05-01 0 days 1,764 sqft
2019-06-01 0 days 1,820 sqft
2019-07-01 0 days 1,803 sqft
2019-08-01 0 days 1,759 sqft
2019-09-01 0 days 1,738 sqft
2019-10-01 0 days 1,733 sqft
2019-11-01 0 days 1,750 sqft
2019-12-01 0 days 1,752 sqft
2020-01-01 0 days 1,754 sqft
2020-02-01 0 days 1,702 sqft
2020-03-01 0 days 1,704 sqft
2020-04-01 0 days 1,687 sqft
2020-05-01 0 days 1,684 sqft
2020-06-01 0 days 1,691 sqft
2020-07-01 0 days 1,740 sqft
2020-08-01 0 days 1,782 sqft
2020-09-01 0 days 1,787 sqft
2020-10-01 0 days 1,807 sqft
2020-11-01 0 days 1,805 sqft
2020-12-01 0 days 1,908 sqft
2021-01-01 0 days 1,858 sqft
2021-02-01 0 days 1,733 sqft
2021-03-01 0 days 1,840 sqft
2021-04-01 0 days 1,828 sqft
2021-05-01 0 days 1,792 sqft
2021-06-01 0 days 1,786 sqft
2021-07-01 0 days 1,792 sqft
2021-08-01 0 days 1,868 sqft
2021-09-01 0 days 1,886 sqft
2021-10-01 0 days 1,907 sqft
2021-11-01 0 days 1,876 sqft
2021-12-01 0 days 1,897 sqft
2022-01-01 0 days 1,751 sqft
2022-02-01 0 days 1,744 sqft
2022-03-01 0 days 1,686 sqft
2022-04-01 0 days 1,736 sqft
2022-05-01 0 days 1,665 sqft
2022-06-01 0 days 1,600 sqft
2022-07-01 0 days 1,652 sqft
2022-08-01 0 days 1,679 sqft
2022-09-01 0 days 1,667 sqft
2022-10-01 0 days 1,636 sqft
2022-11-01 0 days 1,595 sqft
2022-12-01 0 days 1,553 sqft
2023-01-01 0 days 1,572 sqft
2023-02-01 0 days 1,615 sqft
2023-03-01 0 days 1,654 sqft
2023-04-01 0 days 1,677 sqft
2023-05-01 0 days 1,712 sqft
2023-06-01 0 days 1,674 sqft
2023-07-01 0 days 1,684 sqft
2023-08-01 0 days 1,666 sqft
2023-09-01 0 days 1,705 sqft
2023-10-01 0 days 1,726 sqft
Newport's median listing age (time on market) for 2023-10-01 was 0 days.

Newport's median square footage for active listings during the 2023-10-01 period was 1,726 sqft. One year prior, the average listing was 1,636 sqft.

Newport, OR Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 869 $351,725,000 $404,747
Cash Out Refi 339 $98,305,000 $289,985
Refi 240 $60,410,000 $251,708
Home Improvement 168 $18,590,000 $110,655
Other 127 $19,255,000 $151,614

Newport's most frequently cited loan purpose was Home Purchase, with 869 originations. The 2nd most popular reason was Cash Out Refi, with 339 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 461 $136,485,000 $296,063
5-6% 418 $149,020,000 $356,507
4-5% 381 $130,875,000 $343,504
6-7% 210 $61,680,000 $293,714
2.5-3% 119 $30,965,000 $260,210
7-8% 89 $21,215,000 $238,371
<2.5% 39 $12,445,000 $319,103
Over 8% 23 $5,305,000 $230,652

During 2022, Newport's most frequently originated rate bucket was 3-4%, with 461 originations.

Loan Sizing (Newport, OR MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 779 $230,015,000 $295,270
$100k-200k 319 $47,355,000 $148,448
$400k-600k 309 $147,425,000 $477,104
$100,000 or less 217 $12,255,000 $56,475
$600k-1000k 102 $70,850,000 $694,608
$Over $1MM 17 $40,385,000 $2,375,588

Newport's loan sizing saw the bucket of loans from $200k-400k with 779 originations, totaling $230,015,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 500 $218,410,000 $436,820
80-100% 433 $168,685,000 $389,573
40-60% 329 $96,665,000 $293,815
20-40% 249 $42,765,000 $171,747
Under 20% 208 $14,330,000 $68,894
Over 100% 13 $5,075,000 $390,385

Newport's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 500 originations, totaling $218,410,000 in origination value.