Newport Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Newport averaged
6.96%
for the week of 2025-07-03, compared to the national average of
6.67% for the same period.
The average rate for the prior week (2025-06-26) was
6.76% and
one month ago for the week of 2025-05-29, the
average rate was 6.88%.
Newport's average rate one year ago was 6.95%.
For refis of the same type during the week of 2025-07-03, the average rate
was 6.57%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| Newport 30 Year Fixed Rate | 2025-07-03 | 6.96% |
| Newport 30 Year Fixed Rate Refi | 2025-07-03 | 6.57% |
| Newport 15 Year Fixed Rate | 2025-07-03 | 5.7% |
| Newport 15 Year Fixed Rate Refi | 2025-07-03 | 6.3% |
| Newport 30 Year FHA | 2025-07-03 | 0.03% |
| Newport 30 Year FHA Refi | 2025-07-03 | -0.1% |
| Newport 30 Year USDA | 2025-07-03 | 0.1% |
| Newport 30 Year USDA Refi | 2025-07-03 | -0.1% |
| Newport 30 Year VA | 2025-07-03 | -0.1% |
| Newport 30 Year VA Refi | 2025-07-03 | 0% |
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.).
Newport Average Closing Costs & Other Stats
Newport, OR's 120 lenders originated 1,173
loans during 2024. The total origination value was $345,725,000, with an average loan value of
$294,736.
Newport's average closing costs are $6,662.
The top Newport lender as defined by loan originations is QUICKEN LOANS, LLC, with
43 loans originated. Their average total fees are
$9,156, which is $310
lower than the next largest lender,
CROSSCOUNTRY MORTGAGE, LLC.
The lowest fee Newport lenders (with over 10 loans originated) are
Oregon State Credit Union ($5,532), U.S. Bank ($6,523), NEWREZ LLC ($6,534), Umpqua Bank ($7,169) and LPMC, LLC ($7,431).
The lowest rate Newport lenders (with over 10 loans originated) are
EVERGREEN MONEYSOURCE MORTGAGE COMPANY (6.61%), QUICKEN LOANS, LLC (6.68%), Oregon State Credit Union (6.77%), CROSSCOUNTRY MORTGAGE, LLC (6.82%) and OnPoint Community Credit Union (6.91%).
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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| CROSSCOUNTRY MORTGAGE, LLC | $15,185,000 | $23,660,000 | 55.8% | 6.8% |
| QUICKEN LOANS, LLC | $14,070,000 | $23,405,000 | 66.3% | 6.8% |
| UNITED WHOLESALE MORTGAGE, LLC | $12,980,000 | $18,935,000 | 45.9% | 5.5% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $10,800,000 | $17,230,000 | 59.5% | 5.0% |
| GUILD MORTGAGE COMPANY | $14,625,000 | $15,930,000 | 8.9% | 4.6% |
| Umpqua Bank | $13,825,000 | $11,390,000 | -17.6% | 3.3% |
| U.S. Bank | $9,180,000 | $10,570,000 | 15.1% | 3.1% |
| Oregon State Credit Union | $8,425,000 | $9,950,000 | 18.1% | 2.9% |
| LPMC, LLC | $5,170,000 | $7,440,000 | 43.9% | 2.2% |
| NEWREZ LLC | $5,795,000 | $7,220,000 | 24.6% | 2.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,510,000 | $6,890,000 | 174.5% | 2.0% |
| OnPoint Community Credit Union | $5,540,000 | $6,170,000 | 11.4% | 1.8% |
| Mortgage Research Center, LLC | $1,420,000 | $5,925,000 | 317.3% | 1.7% |
| FIBRE FEDERAL CREDIT UNION | $5,020,000 | $5,510,000 | 9.8% | 1.6% |
| Sierra Pacific Mortgage Company, Inc. | $7,180,000 | $5,235,000 | -27.1% | 1.5% |
| DIRECTORS MORTGAGE, INC. | $3,230,000 | $4,920,000 | 52.3% | 1.4% |
| PENNYMAC LOAN SERVICES, LLC | $3,220,000 | $4,625,000 | 43.6% | 1.3% |
| CHURCHILL MORTGAGE CORPORATION | $6,080,000 | $4,450,000 | -26.8% | 1.3% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $1,190,000 | $4,395,000 | 269.3% | 1.3% |
| LOANDEPOT.COM, LLC | $2,250,000 | $3,815,000 | 69.6% | 1.1% |
| JPMorgan Chase Bank | $3,015,000 | $3,730,000 | 23.7% | 1.1% |
| NATIONS DIRECT MORTGAGE, LLC | $4,150,000 | $3,635,000 | -12.4% | 1.1% |
| ENVOY MORTGAGE, LTD | $2,195,000 | $3,615,000 | 64.7% | 1.0% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $1,885,000 | $3,370,000 | 78.8% | 1.0% |
| Wells Fargo Bank | $4,490,000 | $3,245,000 | -27.7% | 0.9% |
| FINANCE OF AMERICA REVERSE LLC | $685,000 | $3,115,000 | 354.7% | 0.9% |
| The Loan Store, Inc. | $405,000 | $3,095,000 | 664.2% | 0.9% |
| NAVY FEDERAL CREDIT UNION | $2,060,000 | $3,075,000 | 49.3% | 0.9% |
| USAA Federal Savings Bank | $2,780,000 | $2,730,000 | -1.8% | 0.8% |
| BMO Harris Bank | $3,155,000 | $2,695,000 | -14.6% | 0.8% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,975,000 | $2,600,000 | 31.6% | 0.8% |
| HOMEXPRESS MORTGAGE CORP. | $3,890,000 | $2,570,000 | -33.9% | 0.7% |
| Washington Federal Bank | $5,055,000 | $2,560,000 | -49.4% | 0.7% |
| Banner Bank | $1,675,000 | $2,420,000 | 44.5% | 0.7% |
| Sunflower Bank | $2,410,000 | n/a | 0.7% | |
| MOVEMENT MORTGAGE, LLC | $3,365,000 | $2,310,000 | -31.4% | 0.7% |
| FIRST TECHNOLOGY | $1,315,000 | $2,305,000 | 75.3% | 0.7% |
| Flagstar Bank, FSB | $1,245,000 | $2,295,000 | 84.3% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $2,940,000 | $2,110,000 | -28.2% | 0.6% |
| DEEPHAVEN MORTGAGE LLC | $1,995,000 | n/a | 0.6% | |
| Rivermark Community Credit Union | $310,000 | $1,950,000 | 529.0% | 0.6% |
| Century Mortgage Company DBA Century Lending Company | $4,925,000 | $1,935,000 | -60.7% | 0.6% |
| 1st Security Bank of Washington | $1,430,000 | $1,930,000 | 35.0% | 0.6% |
| BROKER SOLUTIONS, INC. | $1,910,000 | n/a | 0.6% | |
| UNION HOME MORTGAGE CORP. | $965,000 | $1,905,000 | 97.4% | 0.6% |
| Washington Trust Bank | $1,740,000 | n/a | 0.5% | |
| Morgan Stanley Private Bank | $1,280,000 | $1,715,000 | 34.0% | 0.5% |
| Unitus Community Credit Union | $150,000 | $1,705,000 | 1,036.7% | 0.5% |
| MORTGAGE EXPRESS, LLC | $1,965,000 | $1,665,000 | -15.3% | 0.5% |
| CMG MORTGAGE, INC. | $2,675,000 | $1,625,000 | -39.3% | 0.5% |
| LAND HOME FINANCIAL SERVICES, INC. | $1,490,000 | n/a | 0.4% | |
| PANORAMA MORTGAGE GROUP, LLC | $1,075,000 | $1,420,000 | 32.1% | 0.4% |
| SUMMIT FUNDING, INC. | $1,535,000 | $1,420,000 | -7.5% | 0.4% |
| OCMBC, INC. | $1,390,000 | n/a | 0.4% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $380,000 | $1,375,000 | 261.8% | 0.4% |
| OREGON COMMUNITY | $1,410,000 | $1,265,000 | -10.3% | 0.4% |
| PLAZA HOME MORTGAGE, INC. | $415,000 | $1,240,000 | 198.8% | 0.4% |
| FREEDOM MORTGAGE CORPORATION | $1,185,000 | $1,230,000 | 3.8% | 0.4% |
| SUMMIT MORTGAGE CORPORATION | $895,000 | $1,105,000 | 23.5% | 0.3% |
| ROGUE | $450,000 | $1,085,000 | 141.1% | 0.3% |
| SELCO COMMUNITY | $260,000 | $1,050,000 | 303.8% | 0.3% |
| BETTER MORTGAGE CORPORATION | $720,000 | $1,030,000 | 43.1% | 0.3% |
| Stifel Bank and Trust | $1,030,000 | n/a | 0.3% | |
| S1L, Inc. | $3,010,000 | $985,000 | -67.3% | 0.3% |
| EVERETT FINANCIAL, INC. | $520,000 | $960,000 | 84.6% | 0.3% |
| PENTAGON FEDERAL CREDIT UNION | $960,000 | n/a | 0.3% | |
| GEO-CORP, INC. | $945,000 | n/a | 0.3% | |
| LONGBRIDGE FINANCIAL, LLC | $935,000 | n/a | 0.3% | |
| KeyBank | $505,000 | $925,000 | 83.2% | 0.3% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $995,000 | $915,000 | -8.0% | 0.3% |
| Bank of America | $4,130,000 | $885,000 | -78.6% | 0.3% |
| OREGONIANS CREDIT UNION | $55,000 | $880,000 | 1,500.0% | 0.3% |
| Boeing Employees Credit Union | $60,000 | $860,000 | 1,333.3% | 0.2% |
| SAMMAMISH MORTGAGE COMPANY | $725,000 | $840,000 | 15.9% | 0.2% |
| 21ST MORTGAGE CORPORATION | $95,000 | $785,000 | 726.3% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $770,000 | n/a | 0.2% | |
| First Federal | $3,285,000 | $765,000 | -76.7% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $175,000 | $755,000 | 331.4% | 0.2% |
| Potlatch No. 1 Financial Credit Union | $750,000 | n/a | 0.2% | |
| ZILLOW HOME LOANS, LLC | $315,000 | $750,000 | 138.1% | 0.2% |
| Discover Bank | $655,000 | $745,000 | 13.7% | 0.2% |
| FIRST COMMUNITY | $605,000 | $735,000 | 21.5% | 0.2% |
| GENEVA FINANCIAL, LLC | $345,000 | $735,000 | 113.0% | 0.2% |
| The Northern Trust Company | $725,000 | n/a | 0.2% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,275,000 | $710,000 | -44.3% | 0.2% |
| CALCON MUTUAL MORTGAGE LLC | $925,000 | $690,000 | -25.4% | 0.2% |
| SALAL | $685,000 | n/a | 0.2% | |
| BM Real Estate Services, Inc. | $670,000 | n/a | 0.2% | |
| RED CANOE CREDIT UNION | $2,030,000 | $665,000 | -67.2% | 0.2% |
| Cornerstone First Mortgage, Inc | $660,000 | n/a | 0.2% | |
| MASON MCDUFFIE MORTGAGE CORPORATION | $1,495,000 | $650,000 | -56.5% | 0.2% |
| BAY EQUITY LLC | $645,000 | n/a | 0.2% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $635,000 | n/a | 0.2% | |
| Clackamas Federal Credit Union | $605,000 | n/a | 0.2% | |
| Northpointe Bank | $550,000 | $580,000 | 5.5% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $525,000 | $580,000 | 10.5% | 0.2% |
| PREMIA MORTGAGE, LLC | $555,000 | n/a | 0.2% | |
| Commerce Home Mortgage, Inc. | $2,395,000 | $550,000 | -77.0% | 0.2% |
| GESA | $545,000 | n/a | 0.2% | |
| Figure Lending LLC | $410,000 | $540,000 | 31.7% | 0.2% |
| Prosperity Home Mortgage, LLC | $540,000 | n/a | 0.2% | |
| iQ Credit Union | $430,000 | $510,000 | 18.6% | 0.1% |
| MARION AND POLK SCHOOLS CREDIT UNION | $205,000 | $510,000 | 148.8% | 0.1% |
| LADERA LENDING, INC. | $505,000 | n/a | 0.1% | |
| Plains Commerce Bank | $430,000 | $505,000 | 17.4% | 0.1% |
| RESIDENTIAL MORTGAGE, LLC | $505,000 | n/a | 0.1% | |
| Citadel Servicing Corporation | $420,000 | $500,000 | 19.0% | 0.1% |
| Golden Empire Mortgage, Inc. | $500,000 | n/a | 0.1% | |
| Loan Simple, Inc. | $485,000 | n/a | 0.1% | |
| MICHIGAN MUTUAL, INC. | $485,000 | n/a | 0.1% | |
| Bank of England | $475,000 | n/a | 0.1% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $475,000 | n/a | 0.1% | |
| Summit Mortgage Corporation | $475,000 | n/a | 0.1% | |
| NEXERA HOLDING LLC | $325,000 | $470,000 | 44.6% | 0.1% |
| Pacific NW Federal Credit Union | $35,000 | $460,000 | 1,214.3% | 0.1% |
| SUCCESS MORTGAGE PARTNERS, INC. | $1,055,000 | $445,000 | -57.8% | 0.1% |
| Bank of the Pacific | $425,000 | n/a | 0.1% | |
| HERITAGE GROVE Federal Credit Union | $175,000 | $395,000 | 125.7% | 0.1% |
| MY MOVE MORTGAGE, LLC | $395,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $265,000 | $385,000 | 45.3% | 0.1% |
| STAR ONE CREDIT UNION | $385,000 | n/a | 0.1% | |
| Capital Bank | $375,000 | n/a | 0.1% | |
| INTELLILOAN, INC. | $375,000 | n/a | 0.1% | |
| MORTGAGEONE, INC. | $355,000 | n/a | 0.1% | |
| Willamette Valley Bank | $1,605,000 | $355,000 | -77.9% | 0.1% |
| ALLIANT CREDIT UNION | $350,000 | n/a | 0.1% | |
| The Federal Savings Bank | $1,110,000 | $350,000 | -68.5% | 0.1% |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $345,000 | n/a | 0.1% | |
| CANOPY MORTGAGE, LLC | $410,000 | $335,000 | -18.3% | 0.1% |
| Equity Prime Mortgage LLC | $275,000 | $335,000 | 21.8% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $335,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $475,000 | $335,000 | -29.5% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $365,000 | $335,000 | -8.2% | 0.1% |
| WINGS FINANCIAL | $335,000 | n/a | 0.1% | |
| Coastal Community Bank | $280,000 | $320,000 | 14.3% | 0.1% |
| PLANET HOME LENDING, LLC | $320,000 | n/a | 0.1% | |
| Greenbox Loans, Inc. | $315,000 | n/a | 0.1% | |
| GUARANTEED RATE, INC. | $1,380,000 | $315,000 | -77.2% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $305,000 | n/a | 0.1% | |
| US MORTGAGE CORPORATION | $305,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $300,000 | n/a | 0.1% | |
| TRIAD FINANCIAL SERVICES, INC. | $1,535,000 | $300,000 | -80.5% | 0.1% |
| Magnolia Bank | $285,000 | n/a | 0.1% | |
| MID AMERICA MORTGAGE, INC. | $490,000 | $285,000 | -41.8% | 0.1% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $285,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $275,000 | n/a | 0.1% | |
| First Interstate Bank | $650,000 | $275,000 | -57.7% | 0.1% |
| HighTechLending Inc | $275,000 | n/a | 0.1% | |
| ALLIED MORTGAGE GROUP, INC. | $455,000 | $265,000 | -41.8% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $265,000 | $265,000 | 0.0% | 0.1% |
| Hometown Equity Mortgage, LLC | $745,000 | $265,000 | -64.4% | 0.1% |
| NETWORK CAPITAL FUNDING CORPORATION | $195,000 | $265,000 | 35.9% | 0.1% |
| TOWNE MORTGAGE COMPANY | $265,000 | n/a | 0.1% | |
| CARDINAL FINANCIAL | $775,000 | $255,000 | -67.1% | 0.1% |
| Merchants Mortgage & Trust Corporation | $245,000 | n/a | 0.1% | |
| NexBank | $235,000 | n/a | 0.1% | |
| A&D Mortgage LLC | $225,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $225,000 | n/a | 0.1% | |
| CLEARPATH LENDING | $225,000 | n/a | 0.1% | |
| First United Bank and Trust Company | $215,000 | n/a | 0.1% | |
| LENDSURE MORTGAGE CORP. | $215,000 | n/a | 0.1% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $205,000 | n/a | 0.1% | |
| ALL REVERSE MORTGAGE, INC. | $225,000 | $195,000 | -13.3% | 0.1% |
| FIRST COLONY MORTGAGE CORPORATION | $195,000 | n/a | 0.1% | |
| American Mortgage & Equity Consultants, Inc. | $305,000 | $185,000 | -39.3% | 0.1% |
| Northwest Farm Credit Services, FLCA | $905,000 | $185,000 | -79.6% | 0.1% |
| RANLIFE, INC. | $185,000 | n/a | 0.1% | |
| Consolidated Federal Credit Union | $180,000 | n/a | 0.1% | |
| DAS Acquisition Company, LLC | $175,000 | n/a | 0.1% | |
| Heritage Bank | $1,280,000 | $165,000 | -87.1% | 0.0% |
| PNC Bank | $620,000 | $160,000 | -74.2% | 0.0% |
| EMBRACE HOME LOANS, INC. | $155,000 | n/a | 0.0% | |
| HomeStreet Bank | $1,105,000 | $155,000 | -86.0% | 0.0% |
| GEORGIA'S OWN | $205,000 | $120,000 | -41.5% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $115,000 | n/a | 0.0% | |
| Financial Partners Credit Union | $105,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $55,000 | $75,000 | 36.4% | 0.0% |
| Citibank | $55,000 | n/a | 0.0% | |
| LOS ANGELES POLICE Federal Credit Union | $45,000 | n/a | 0.0% |
Newport's top lender by overall market share is CROSSCOUNTRY MORTGAGE, LLC, with 6.8% market share. In second place, with 6.8%, is QUICKEN LOANS, LLC, having originated $23,405,000 in loans. In third place, with 5.5%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $18,935,000 in loans. In fourth place, with 5.0%, is EVERGREEN MONEYSOURCE MORTGAGE COMPANY, having originated $17,230,000 in loans. In fifth place, with 4.6%, is GUILD MORTGAGE COMPANY, having originated $15,930,000 in loans.
Newport, OR Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 605 | $231,125,000 | $382,025 |
| Cash Out Refi | 164 | $39,980,000 | $243,780 |
| Home Improvement | 154 | $15,640,000 | $101,558 |
| Other | 133 | $19,635,000 | $147,632 |
| Refi | 116 | $39,000,000 | $336,207 |
| NA | 1 | $345,000 | $345,000 |
Newport's most frequently cited loan purpose was Home Purchase, with 605 originations. The 2nd most popular reason was Cash Out Refi, with 164 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 414 | $147,600,000 | $356,522 |
| Over 8% | 326 | $45,660,000 | $140,061 |
| 7-8% | 268 | $91,660,000 | $342,015 |
| 5-6% | 150 | $55,200,000 | $368,000 |
| 4-5% | 9 | $3,035,000 | $337,222 |
| <2.5% | 2 | $690,000 | $345,000 |
| 3-4% | 2 | $560,000 | $280,000 |
During 2024, Newport's most frequently originated rate bucket was 6-7%, with 414 originations.
Loan Sizing (Newport, OR MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 454 | $137,920,000 | $303,789 |
| $400k-600k | 228 | $109,950,000 | $482,237 |
| $100,000 or less | 218 | $12,490,000 | $57,294 |
| $100k-200k | 199 | $28,565,000 | $143,543 |
| $600k-1000k | 65 | $46,355,000 | $713,154 |
| $Over $1MM | 9 | $10,445,000 | $1,160,556 |
Newport's loan sizing saw the bucket of loans from $200k-400k with 454 originations, totaling $137,920,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 305 | $126,995,000 | $416,377 |
| 60-80% | 293 | $120,715,000 | $411,997 |
| Under 20% | 230 | $15,550,000 | $67,609 |
| 20-40% | 162 | $27,480,000 | $169,630 |
| 40-60% | 157 | $44,365,000 | $282,580 |
| Over 100% | 17 | $6,985,000 | $410,882 |
Newport's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 305 originations, totaling $126,995,000 in origination value.