Oak Harbor Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Oak Harbor averaged 6.76% for the week of 2024-05-16, compared to the national average of 7.02% for the same period.

The average rate for the prior week (2024-05-09) was 6.93% and one month ago for the week of 2024-04-11, the average rate was 6.72%.

Oak Harbor's average rate one year ago was 6.09%.

For refis of the same type during the week of 2024-05-16, the average rate was 6.92%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-05-16 7.02%
Oak Harbor 30 Year Fixed Rate 2024-05-16 6.76%
Oak Harbor 30 Year Fixed Rate Refi 2024-05-16 6.92%
Oak Harbor 15 Year Fixed Rate 2024-05-16 6.18%
Oak Harbor 15 Year Fixed Rate Refi 2024-05-16 6.58%
Oak Harbor 30 Year FHA 2024-05-16 6.94%
Oak Harbor 30 Year FHA Refi 2024-05-16 6.94%
Oak Harbor 30 Year USDA 2024-05-16 6.95%
Oak Harbor 30 Year USDA Refi 2024-05-16 6.85%
Oak Harbor 30 Year VA 2024-05-16 6.14%
Oak Harbor 30 Year VA Refi 2024-05-16 6.4%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Oak Harbor, WA.

Oak Harbor 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 Oak Harbor, WA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
QUICKEN LOANS, LLC 47 6.84% $7,241
UNITED WHOLESALE MORTGAGE, LLC 38 6.77% $9,478
Boeing Employees Credit Union 31 6.38% $5,461
MOVEMENT MORTGAGE, LLC 30 6.98% $12,626
GUILD MORTGAGE COMPANY 27 6.66% $9,416
CMG MORTGAGE, INC. 26 7.20% $7,478
Alaska USA Federal Credit Union 24 6.37% $7,407
Peoples Bank 23 6.93% $7,223
AMERICAN PACIFIC MORTGAGE CORPORATION 19 6.71% $9,647
CROSSCOUNTRY MORTGAGE, LLC 18 6.66% $9,037
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 16 6.78% $6,918
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 14 6.87% $10,900
U.S. Bank 13 6.56% $5,664
JPMorgan Chase Bank 12 6.53% $6,148
Wells Fargo Bank 12 6.47% $6,660
HOMEBRIDGE FINANCIAL SERVICES, INC. 12 6.21% $9,095
Washington Federal Bank 9 6.39% $16,416
CORNERSTONE HOME LENDING, INC. 9 6.43% $11,560
DAS Acquisition Company, LLC 9 7.04% $8,271
ENVOY MORTGAGE, LTD 8 7.05% $7,790
Bank of America 8 6.63% $6,176
BAY EQUITY LLC 7 6.91% $9,321
PNC Bank 7 5.80% $5,959
PROVIDENT FUNDING ASSOCIATES, L.P. 7 6.64% $8,163
PENRITH HOME LOANS LLC 6 6.73% $5,905
KeyBank 5 6.28% $4,882
BROKER SOLUTIONS, INC. 5 7.05% $5,503
NAVY FEDERAL CREDIT UNION 5 6.60% $3,929
CALIBER HOME LOANS, INC. 5 6.55% $6,793
PENNYMAC LOAN SERVICES, LLC 5 7.02% $7,883
WASHINGTON STATE EMPLOYEES Credit Union 5 5.95% $3,335
NFM, INC. 5 6.65% $7,455
LOANDEPOT.COM, LLC 4 6.72% $9,049
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 6.37% $18,666
ACADEMY MORTGAGE CORPORATION 4 7.09% $8,899
SAMMAMISH MORTGAGE COMPANY 4 6.91% $8,509
HomeStreet Bank 4 7.09% $4,484
Flagstar Bank, FSB 4 6.88% $6,503
LEADERONE FINANCIAL CORPORATION 4 6.34% $8,690
Heritage Bank 4 6.63% $6,594
Morgan Stanley Private Bank 4 5.48% $4,586
BMO Harris Bank 3 6.08% $7,814
PRIORITY HOME LENDING, LLC 3 7.63% $4,820
Raymond James Bank 3 5.33% $4,487
The Loan Store, Inc. 3 7.46% $9,127
Charles Schwab Bank, SSB 3 6.08% $2,916
UBS Bank USA 3 5.50% $5,076
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 3 7.08% $9,174
DIRECTORS MORTGAGE, INC. 3 7.07% $9,065
NEWREZ LLC 3 7.16% $5,504
WHATCOM EDUCATIONAL CREDIT UNION 3 6.50% $8,275
ZILLOW HOME LOANS, LLC 2 6.56% $8,104
NexBank 2 6.75% $12,875
OCMBC, INC. 2 8.56% $21,603
V.I.P. MORTGAGE, INC. 2 7.00% $9,830
UNION HOME MORTGAGE CORP. 2 6.38% $4,503
Century Mortgage Company DBA Century Lending Company 2 7.06% $13,624
SUMMIT FUNDING, INC. 2 7.12% $6,235
Stifel Bank and Trust 2 5.75% $3,183
ARC HOME LLC 2 7.88% $4,305
First National Bank of America 2 9.56% $14,559
RESIDENTIAL WHOLESALE MORTGAGE, INC. 2 6.25% $6,482
Mr. Cooper ( Nationstar Mortgage ) 2 7.18% $14,595
MUTUAL OF OMAHA MORTGAGE, INC. 2 6.50% $15,159
Banner Bank 2 7.19% $4,873
American Mortgage & Equity Consultants, Inc. 2 7.18% $4,505
RED CANOE CREDIT UNION 2 5.38% $30,312
RBC Bank, (Georgia) 2 5.88% $2,799
BETTER MORTGAGE CORPORATION 2 6.44% $2,559
First-Citizens Bank & Trust Company 2 5.53% $4,483
ON Q FINANCIAL, INC. 1 7.50% $21,377
Armed Forces Bank 1 6.50% $9,155
Axos Bank 1 7.50% $34,272
Baxter Credit Union 1 7.13% $4,321
Bethpage Federal Credit Union 1 6.88% $4,316
CALCON MUTUAL MORTGAGE LLC 1 7.25% $35,412
Cathay Bank 1 6.38% $3,659
Citadel Servicing Corporation 1 8.25% $7,517
Citibank 1 6.63% $13,765
Coastal Community Bank 1 6.38% $8,598
COLUMBIA COMMUNITY CREDIT UNION 1 6.25% $2,949
DHI MORTGAGE COMPANY, LTD. 1 6.25% $2,459
Farmers Bank & Trust 1 6.00% $6,796
FEDEX EMPLOYEES CREDIT ASSOCIATION 1 6.00% $11,760
FIBRE FEDERAL CREDIT UNION 1 6.38% $5,010
FIRST TECHNOLOGY 1 5.50% $15,098
Franklin Loan Corporation 1 5.63% $14,880
GENEVA FINANCIAL, LLC 1 6.63% $16,949
GESA 1 6.38% $9,428
GSF Mortgage Corporation 1 6.50% $3,516
GUARANTEED RATE, INC. 1 7.28% $2,599
HAPO COMMUNITY CREDIT UNION 1 7.00% $9,333
KEYPOINT 1 6.38% $5,125
Mortgage Research Center, LLC 1 5.63% $3,197
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.63% $11,939
NATIONS DIRECT MORTGAGE, LLC 1 6.88% $10,288
NATIONWIDE MORTGAGE BANKERS, INC. 1 6.88% $4,581
NETWORK CAPITAL FUNDING CORPORATION 1 5.63% $13,330
NEXERA HOLDING LLC 1 8.00% $16,815
NorthWest Plus Credit Union 1 6.88% $9,291
OAKTREE FUNDING CORP. 1 7.25% $9,499
OnPoint Community Credit Union 1 7.75% $2,355
1st Security Bank of Washington 1 6.63% $16,676
ONY GLO, INC. 1 6.62% $3,759
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.00% $11,474
Plains Commerce Bank 1 6.00% $3,747
PREMIA MORTGAGE, LLC 1 7.13% $1,714
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.25% $7,321
Qualstar Credit Union 1 7.50% $4,478
SALAL 1 6.00% $3,533
SeaTrust Mortgage Company 1 7.25% $16,408
SECURITYNATIONAL MORTGAGE COMPANY 1 6.50% $11,841
SOUND 1 5.38% $4,736
Sound Community Bank 1 7.88% $5,552
Sunflower Bank 1 6.38% $8,062
T2 FINANCIAL LLC 1 7.38% $5,119
The Central Trust Bank 1 6.38% $7,802
The Huntington National Bank 1 6.88% $5,819
Timberland Bank 1 6.38% $5,625
TOP FLITE FINANCIAL, INC. 1 6.63% $15,071
USAA Federal Savings Bank 1 7.13% $3,196
WINGS FINANCIAL 1 6.63% $2,753

Oak Harbor Average Closing Costs & Other Stats

Oak Harbor, WA's 122 lenders originated 1,880 loans during 2023. The total origination value was $674,050,000, with an average loan value of $358,537.

Oak Harbor's average closing costs are $6,407.

The top Oak Harbor lender as defined by loan originations is QUICKEN LOANS, LLC, with 47 loans originated. Their average total fees are $7,241, which is $2,237 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Oak Harbor lenders (with over 10 loans originated) are Boeing Employees Credit Union ($5,461), U.S. Bank ($5,664), JPMorgan Chase Bank ($6,148), Wells Fargo Bank ($6,660) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($6,918).

The lowest rate Oak Harbor lenders (with over 10 loans originated) are HOMEBRIDGE FINANCIAL SERVICES, INC. (6.21%), Alaska USA Federal Credit Union (6.37%), Boeing Employees Credit Union (6.38%), Wells Fargo Bank (6.47%) and JPMorgan Chase Bank (6.53%).

Oak Harbor, WA Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
GUILD MORTGAGE COMPANY $67,100,000 $42,705,000 -36.4% 6.3%
UNITED WHOLESALE MORTGAGE, LLC $43,620,000 $38,525,000 -11.7% 5.7%
Boeing Employees Credit Union $55,570,000 $33,010,000 -40.6% 4.9%
QUICKEN LOANS, LLC $50,895,000 $32,825,000 -35.5% 4.9%
Peoples Bank $47,145,000 $27,730,000 -41.2% 4.1%
CMG MORTGAGE, INC. $4,945,000 $27,035,000 446.7% 4.0%
ENVOY MORTGAGE, LTD $21,320,000 $24,610,000 15.4% 3.7%
NAVY FEDERAL CREDIT UNION $33,830,000 $23,405,000 -30.8% 3.5%
MOVEMENT MORTGAGE, LLC $6,045,000 $21,520,000 256.0% 3.2%
Alaska USA Federal Credit Union $2,325,000 $21,255,000 814.2% 3.2%
CROSSCOUNTRY MORTGAGE, LLC $19,285,000 $18,580,000 -3.7% 2.8%
Washington Federal Bank $24,435,000 $17,945,000 -26.6% 2.7%
AMERICAN PACIFIC MORTGAGE CORPORATION $14,715,000 $15,005,000 2.0% 2.2%
U.S. Bank $22,325,000 $14,340,000 -35.8% 2.1%
Mortgage Research Center, LLC $24,235,000 $13,400,000 -44.7% 2.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $23,540,000 $13,385,000 -43.1% 2.0%
SaviBank $11,525,000 n/a 1.7%
Heritage Bank $32,470,000 $11,285,000 -65.2% 1.7%
EVERGREEN MONEYSOURCE MORTGAGE COMPANY $12,490,000 $10,160,000 -18.7% 1.5%
Wells Fargo Bank $24,165,000 $8,970,000 -62.9% 1.3%
JPMorgan Chase Bank $14,530,000 $8,675,000 -40.3% 1.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $56,095,000 $8,620,000 -84.6% 1.3%
CORNERSTONE HOME LENDING, INC. $9,490,000 $8,215,000 -13.4% 1.2%
Bank of America $10,695,000 $7,555,000 -29.4% 1.1%
PENNYMAC LOAN SERVICES, LLC $12,140,000 $7,070,000 -41.8% 1.0%
Morgan Stanley Private Bank $6,530,000 $5,770,000 -11.6% 0.9%
LOANDEPOT.COM, LLC $13,210,000 $5,760,000 -56.4% 0.9%
Banner Bank $12,725,000 $5,675,000 -55.4% 0.8%
MUTUAL OF OMAHA MORTGAGE, INC. $1,945,000 $5,545,000 185.1% 0.8%
PNC Bank $6,200,000 $5,375,000 -13.3% 0.8%
DAS Acquisition Company, LLC $7,850,000 $4,560,000 -41.9% 0.7%
Umpqua Bank $25,345,000 $4,495,000 -82.3% 0.7%
BAY EQUITY LLC $7,370,000 $4,455,000 -39.6% 0.7%
KeyBank $12,610,000 $4,390,000 -65.2% 0.7%
HomeStreet Bank $9,405,000 $3,640,000 -61.3% 0.5%
UBS Bank USA $6,905,000 $3,425,000 -50.4% 0.5%
PROVIDENT FUNDING ASSOCIATES, L.P. $815,000 $3,405,000 317.8% 0.5%
BROKER SOLUTIONS, INC. $7,615,000 $3,365,000 -55.8% 0.5%
NEWREZ LLC $2,525,000 $3,240,000 28.3% 0.5%
LEADERONE FINANCIAL CORPORATION $4,555,000 $3,175,000 -30.3% 0.5%
CALIBER HOME LOANS, INC. $48,185,000 $3,155,000 -93.5% 0.5%
ACADEMY MORTGAGE CORPORATION $9,805,000 $3,135,000 -68.0% 0.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $2,640,000 $3,120,000 18.2% 0.5%
DIRECTORS MORTGAGE, INC. $5,505,000 $2,995,000 -45.6% 0.4%
SAMMAMISH MORTGAGE COMPANY $2,140,000 $2,730,000 27.6% 0.4%
WASHINGTON STATE EMPLOYEES Credit Union $3,630,000 $2,725,000 -24.9% 0.4%
NFM, INC. $5,095,000 $2,580,000 -49.4% 0.4%
Coastal Community Bank $2,535,000 n/a 0.4%
FINANCE OF AMERICA REVERSE LLC $7,155,000 $2,470,000 -65.5% 0.4%
Flagstar Bank, FSB $3,245,000 $2,430,000 -25.1% 0.4%
USAA Federal Savings Bank $1,640,000 $2,390,000 45.7% 0.4%
PENRITH HOME LOANS LLC $1,785,000 $2,370,000 32.8% 0.4%
GUARANTEED RATE, INC. $3,795,000 $2,325,000 -38.7% 0.3%
Paramount Residential Mortgage Group, Inc. $1,565,000 $2,310,000 47.6% 0.3%
Raymond James Bank $605,000 $2,295,000 279.3% 0.3%
BMO Harris Bank $2,265,000 n/a 0.3%
SUMMIT FUNDING, INC. $2,195,000 $2,225,000 1.4% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $6,030,000 $1,995,000 -66.9% 0.3%
PRIORITY HOME LENDING, LLC $405,000 $1,875,000 363.0% 0.3%
RBC Bank, (Georgia) $125,000 $1,865,000 1,392.0% 0.3%
ARC HOME LLC $345,000 $1,840,000 433.3% 0.3%
FIRST TECHNOLOGY $5,110,000 $1,815,000 -64.5% 0.3%
OCMBC, INC. $1,730,000 n/a 0.3%
Century Mortgage Company DBA Century Lending Company $1,695,000 n/a 0.3%
The Loan Store, Inc. $1,695,000 n/a 0.3%
The Federal Savings Bank $4,220,000 $1,690,000 -60.0% 0.3%
Charles Schwab Bank, SSB $1,150,000 $1,655,000 43.9% 0.2%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $645,000 $1,645,000 155.0% 0.2%
1st Security Bank of Washington $6,115,000 $1,585,000 -74.1% 0.2%
FREEDOM MORTGAGE CORPORATION $11,100,000 $1,580,000 -85.8% 0.2%
PREMIER MORTGAGE RESOURCES, L.L.C. $1,605,000 $1,525,000 -5.0% 0.2%
RED CANOE CREDIT UNION $540,000 $1,505,000 178.7% 0.2%
Discover Bank $255,000 $1,450,000 468.6% 0.2%
WHATCOM EDUCATIONAL CREDIT UNION $930,000 $1,440,000 54.8% 0.2%
AMERISAVE MORTGAGE CORPORATION $8,235,000 $1,435,000 -82.6% 0.2%
NBKC BANK $2,025,000 $1,345,000 -33.6% 0.2%
GESA $595,000 $1,300,000 118.5% 0.2%
Carrington Mortgage Services, LLC $975,000 $1,270,000 30.3% 0.2%
MASON MCDUFFIE MORTGAGE CORPORATION $405,000 $1,255,000 209.9% 0.2%
V.I.P. MORTGAGE, INC. $1,220,000 n/a 0.2%
Stifel Bank and Trust $2,600,000 $1,200,000 -53.8% 0.2%
NexBank $2,120,000 $1,170,000 -44.8% 0.2%
CALCON MUTUAL MORTGAGE LLC $125,000 $1,165,000 832.0% 0.2%
RESIDENTIAL WHOLESALE MORTGAGE, INC. $1,535,000 $1,135,000 -26.1% 0.2%
SeaTrust Mortgage Company $1,125,000 n/a 0.2%
Axos Bank $695,000 $1,075,000 54.7% 0.2%
Zions Bank $1,075,000 n/a 0.2%
ALLIANT CREDIT UNION $1,440,000 $1,055,000 -26.7% 0.2%
First-Citizens Bank & Trust Company $685,000 $1,010,000 47.4% 0.1%
First Republic Bank $1,040,000 $1,005,000 -3.4% 0.1%
Citibank $985,000 n/a 0.1%
LONGBRIDGE FINANCIAL, LLC $1,540,000 $950,000 -38.3% 0.1%
PREMIA MORTGAGE, LLC $375,000 $860,000 129.3% 0.1%
NorthWest Plus Credit Union $2,030,000 $855,000 -57.9% 0.1%
Figure Lending LLC $1,470,000 $825,000 -43.9% 0.1%
LAKEVIEW LOAN SERVICING, LLC $3,550,000 $825,000 -76.8% 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $820,000 n/a 0.1%
NATIONWIDE EQUITIES CORPORATION $815,000 n/a 0.1%
UNION HOME MORTGAGE CORP. $810,000 n/a 0.1%
Magnolia Bank $285,000 $800,000 180.7% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $790,000 n/a 0.1%
Plains Commerce Bank $990,000 $790,000 -20.2% 0.1%
ON Q FINANCIAL, INC. $1,825,000 $765,000 -58.1% 0.1%
ZILLOW HOME LOANS, LLC $1,240,000 $760,000 -38.7% 0.1%
CARDINAL FINANCIAL $2,825,000 $740,000 -73.8% 0.1%
PACIFIC RESIDENTIAL MORTGAGE, LLC $650,000 $725,000 11.5% 0.1%
American Mortgage & Equity Consultants, Inc. $670,000 n/a 0.1%
Qualstar Credit Union $735,000 $655,000 -10.9% 0.1%
First National Bank of America $295,000 $650,000 120.3% 0.1%
GENEVA FINANCIAL, LLC $465,000 $645,000 38.7% 0.1%
KEYPOINT $645,000 n/a 0.1%
Timberland Bank $645,000 n/a 0.1%
LENDINGHOME FUNDING CORPORATION $1,370,000 $640,000 -53.3% 0.1%
AmeriHome Mortgage Company, LLC $635,000 n/a 0.1%
GSF Mortgage Corporation $575,000 $635,000 10.4% 0.1%
T2 FINANCIAL LLC $630,000 n/a 0.1%
Bethpage Federal Credit Union $510,000 $625,000 22.5% 0.1%
SALAL $1,285,000 $615,000 -52.1% 0.1%
NETWORK CAPITAL FUNDING CORPORATION $1,085,000 $595,000 -45.2% 0.1%
BETTER MORTGAGE CORPORATION $4,680,000 $580,000 -87.6% 0.1%
Baxter Credit Union $555,000 n/a 0.1%
The Huntington National Bank $365,000 $545,000 49.3% 0.1%
PHH Mortgage Corporation $205,000 $520,000 153.7% 0.1%
Farmers Bank & Trust $1,230,000 $515,000 -58.1% 0.1%
RANLIFE, INC. $475,000 $515,000 8.4% 0.1%
Sunflower Bank $535,000 $515,000 -3.7% 0.1%
Barrington Bank & Trust Company, N.A. $1,020,000 $505,000 -50.5% 0.1%
COLUMBIA COMMUNITY CREDIT UNION $505,000 n/a 0.1%
Commerce Home Mortgage, Inc. $495,000 n/a 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $215,000 $490,000 127.9% 0.1%
MID AMERICA MORTGAGE, INC. $490,000 n/a 0.1%
DHI MORTGAGE COMPANY, LTD. $485,000 n/a 0.1%
NATIONS DIRECT MORTGAGE, LLC $705,000 $485,000 -31.2% 0.1%
ONY GLO, INC. $485,000 n/a 0.1%
The Central Trust Bank $475,000 $485,000 2.1% 0.1%
Equity Prime Mortgage LLC $940,000 $465,000 -50.5% 0.1%
NEW DAY FINANCIAL, LLC $2,760,000 $465,000 -83.2% 0.1%
SECURITYNATIONAL MORTGAGE COMPANY $465,000 n/a 0.1%
Citadel Servicing Corporation $460,000 n/a 0.1%
HAPO COMMUNITY CREDIT UNION $425,000 n/a 0.1%
Wallick & Volk, Inc. $1,270,000 $420,000 -66.9% 0.1%
NEXERA HOLDING LLC $870,000 $405,000 -53.4% 0.1%
AMWEST FUNDING CORP. $395,000 n/a 0.1%
SOUND $1,395,000 $395,000 -71.7% 0.1%
HOMEXPRESS MORTGAGE CORP. $435,000 $385,000 -11.5% 0.1%
PLANET HOME LENDING, LLC $315,000 $385,000 22.2% 0.1%
Third Federal Savings and Loan Association of Cleveland $205,000 $370,000 80.5% 0.1%
TRIAD FINANCIAL SERVICES, INC. $65,000 $360,000 453.8% 0.1%
Franklin Loan Corporation $715,000 $355,000 -50.3% 0.1%
HSBC BANK USA, NATIONAL ASSOCIATION $1,115,000 $345,000 -69.1% 0.1%
PENTAGON FEDERAL CREDIT UNION $470,000 $315,000 -33.0% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $355,000 $305,000 -14.1% 0.0%
LOANPAL, LLC $305,000 n/a 0.0%
FIBRE FEDERAL CREDIT UNION $300,000 n/a 0.0%
SPRING EQ, LLC $1,080,000 $300,000 -72.2% 0.0%
Cathay Bank $295,000 n/a 0.0%
FEDEX EMPLOYEES CREDIT ASSOCIATION $295,000 n/a 0.0%
MOUNTAIN WEST FINANCIAL, INC. $295,000 n/a 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $3,460,000 $295,000 -91.5% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $1,025,000 $285,000 -72.2% 0.0%
CHERRY CREEK MORTGAGE, LLC $2,115,000 $275,000 -87.0% 0.0%
WINGS FINANCIAL $275,000 n/a 0.0%
AMERICAN FINANCING CORPORATION $690,000 $265,000 -61.6% 0.0%
TOP FLITE FINANCIAL, INC. $265,000 n/a 0.0%
Armed Forces Bank $820,000 $255,000 -68.9% 0.0%
Washington Trust Bank $85,000 $255,000 200.0% 0.0%
First Federal Savings and Loan Association of Port Angeles $5,020,000 $245,000 -95.1% 0.0%
MICHIGAN MUTUAL, INC. $325,000 $245,000 -24.6% 0.0%
HARBORSTONE $200,000 n/a 0.0%
Sound Community Bank $2,035,000 $185,000 -90.9% 0.0%
HomeTrust Bank $475,000 $180,000 -62.1% 0.0%
OAKTREE FUNDING CORP. $175,000 n/a 0.0%
Firefighters First Federal Credit Union $155,000 n/a 0.0%
OnPoint Community Credit Union $155,000 n/a 0.0%
State Department Federal Credit Union $155,000 n/a 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $135,000 n/a 0.0%
TWINSTAR $115,000 n/a 0.0%
CHEVRON $75,000 n/a 0.0%
SPOKANE TEACHERS $125,000 $75,000 -40.0% 0.0%
First Financial Northwest Bank $305,000 $65,000 -78.7% 0.0%
iQ Credit Union $55,000 n/a 0.0%
O BEE $155,000 $55,000 -64.5% 0.0%
TAPCO Credit Union $405,000 $55,000 -86.4% 0.0%
KITSAP Credit Union $895,000 $35,000 -96.1% 0.0%
VERITY $717,030,000 $25,000 -100.0% 0.0%

Oak Harbor's top lender by overall market share is GUILD MORTGAGE COMPANY, with 6.3% market share. In second place, with 5.7%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $38,525,000 in loans. In third place, with 4.9%, is Boeing Employees Credit Union, having originated $33,010,000 in loans. In fourth place, with 4.9%, is QUICKEN LOANS, LLC, having originated $32,825,000 in loans. In fifth place, with 4.1%, is Peoples Bank, having originated $27,730,000 in loans.


Oak Harbor Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Oak Harbor (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 $409,925 (5.2%) $598,723 (9.2%) 0.00 222
2018-02-01 $405,738 (1.5%) $596,354 (3.9%) 0.00 212
2018-03-01 $415,000 (3.1%) $627,566 (6.2%) 0.00 220
2018-04-01 $428,975 (3.4%) $622,783 (1.5%) 0.00 250
2018-05-01 $439,925 (1.8%) $644,290 (-2.6%) 0.00 248
2018-06-01 $459,000 (7.1%) $655,047 (4.0%) 0.00 283
2018-07-01 $459,000 (3.2%) $646,173 (5.0%) 0.00 324
2018-08-01 $444,450 (0.4%) $626,404 (4.4%) 0.00 343
2018-09-01 $438,500 (0.8%) $618,977 (3.5%) 0.00 360
2018-10-01 $429,975 (2.4%) $614,022 (5.1%) 0.00 370
2018-11-01 $432,000 (2.9%) $622,463 (9.3%) 0.00 340
2018-12-01 $429,000 (3.4%) $591,618 (3.8%) 0.00 310
2019-01-01 $402,450 (-1.8%) $575,513 (-3.9%) 0.00 298
2019-02-01 $421,975 (4.0%) $576,757 (-3.3%) 0.00 273
2019-03-01 $437,000 (5.3%) $595,588 (-5.1%) 0.00 278
2019-04-01 $449,000 (4.7%) $610,777 (-1.9%) 0.00 294
2019-05-01 $464,950 (5.7%) $626,809 (-2.7%) 0.00 318
2019-06-01 $474,400 (3.4%) $621,861 (-5.1%) 0.00 337
2019-07-01 $487,400 (6.2%) $657,760 (1.8%) 0.00 345
2019-08-01 $484,927 (9.1%) $651,750 (4.1%) 0.00 366
2019-09-01 $484,968 (10.6%) $640,585 (3.5%) 0.00 367
2019-10-01 $487,250 (13.3%) $635,978 (3.6%) 0.00 364
2019-11-01 $495,000 (14.6%) $639,667 (2.8%) 0.00 327
2019-12-01 $481,000 (12.1%) $630,310 (6.5%) 0.00 266
2020-01-01 $477,250 (18.6%) $630,893 (9.6%) 0.00 231
2020-02-01 $486,950 (15.4%) $636,821 (10.4%) 0.00 207
2020-03-01 $499,000 (14.2%) $650,301 (9.2%) 0.00 226
2020-04-01 $499,500 (11.3%) $637,268 (4.3%) 0.00 237
2020-05-01 $525,000 (12.9%) $672,461 (7.3%) 0.00 231
2020-06-01 $528,249 (11.4%) $674,974 (8.5%) 0.00 219
2020-07-01 $543,850 (11.6%) $706,818 (7.5%) 0.00 211
2020-08-01 $582,500 (20.1%) $745,795 (14.4%) 0.00 182
2020-09-01 $567,238 (17.0%) $779,383 (21.7%) 0.00 173
2020-10-01 $549,000 (12.7%) $779,159 (22.5%) 0.00 169
2020-11-01 $591,988 (19.6%) $868,586 (35.8%) 0.00 109
2020-12-01 $587,850 (22.2%) $875,402 (38.9%) 0.00 81
2021-01-01 $575,000 (20.5%) $849,699 (34.7%) 0.00 59
2021-02-01 $574,500 (18.0%) $823,348 (29.3%) 0.00 60
2021-03-01 $580,500 (16.3%) $848,874 (30.5%) 0.00 60
2021-04-01 $599,900 (20.1%) $864,246 (35.6%) 0.00 70
2021-05-01 $599,000 (14.1%) $846,803 (25.9%) 0.00 84
2021-06-01 $625,000 (18.3%) $923,461 (36.8%) 0.00 100
2021-07-01 $625,000 (14.9%) $883,824 (25.0%) 0.00 111
2021-08-01 $601,238 (3.2%) $865,445 (16.0%) 0.00 122
2021-09-01 $627,485 (10.6%) $871,126 (11.8%) 0.00 109
2021-10-01 $599,950 (9.3%) $839,866 (7.8%) 0.00 103
2021-11-01 $678,750 (14.7%) $904,871 (4.2%) 0.00 77
2021-12-01 $602,475 (2.5%) $812,722 (-7.2%) 0.00 63
2022-01-01 $650,000 (13.0%) $813,953 (-4.2%) 0.00 42
2022-02-01 $660,500 (15.0%) $815,813 (-0.9%) 0.00 42
2022-03-01 $712,350 (22.7%) $820,582 (-3.3%) 0.00 51
2022-04-01 $665,000 (10.9%) $799,760 (-7.5%) 0.00 63
2022-05-01 $687,500 (14.8%) $812,072 (-4.1%) 0.00 126
2022-06-01 $713,000 (14.1%) $852,964 (-7.6%) 0.00 175
2022-07-01 $699,000 (11.8%) $870,180 (-1.5%) 0.00 231
2022-08-01 $756,988 (25.9%) $927,310 (7.2%) 0.00 229
2022-09-01 $750,000 (19.5%) $940,895 (8.0%) 0.00 226
2022-10-01 $704,500 (17.4%) $909,810 (8.3%) 0.00 229
2022-11-01 $674,923 (-0.6%) $867,519 (-4.1%) 0.00 225
2022-12-01 $650,000 (7.9%) $860,921 (5.9%) 0.00 176
2023-01-01 $638,225 (-1.8%) $840,978 (3.3%) 0.00 155
2023-02-01 $658,000 (-0.4%) $833,354 (2.2%) 0.00 133
2023-03-01 $693,475 (-2.7%) $915,891 (11.6%) 0.00 133
2023-04-01 $712,475 (7.1%) $998,916 (24.9%) 0.00 148
2023-05-01 $799,250 (16.3%) $1,042,486 (28.4%) 0.00 178
2023-06-01 $797,000 (11.8%) $1,057,236 (24.0%) 0.00 193
2023-07-01 $750,000 (7.3%) $1,022,061 (17.5%) 0.00 202
2023-08-01 $744,975 (-1.6%) $991,910 (7.0%) 0.00 203
2023-09-01 $749,450 (-0.1%) $951,454 (1.1%) 0.00 209
2023-10-01 $742,250 (5.4%) $937,959 (3.1%) 0.00 200
2023-11-01 $693,000 (2.7%) $885,347 (2.1%) 0.00 204
2023-12-01 $680,000 (4.6%) $874,132 (1.5%) 0.00 162
2024-01-01 $708,500 (11.0%) $879,363 (4.6%) 0.00 136
2024-02-01 $715,975 (8.8%) $931,637 (11.8%) 0.00 140
2024-03-01 $765,000 (10.3%) $975,416 (6.5%) 0.00 148
2024-04-01 $809,500 (13.6%) $958,463 (-4.1%) 0.00 222
Oak Harbor's median listing price for 2024-04-01 was $809,500, a difference of $97,025 (13.6%) versus the prior year and $44,500 versus the prior month.

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

Oak Harbor's average listing price for 2024-04-01 was $958,463, a difference of $-40,453 (-4.1%) versus the prior year and $-16,953 versus the prior month.

For the 2024-04-01 period, Oak Harbor had 222 MLS listings, a difference of 74 listings (50%) versus the prior month and 74 listings (50%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Oak Harbor (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,942 sqft
2018-02-01 0 days 2,007 sqft
2018-03-01 0 days 1,993 sqft
2018-04-01 0 days 2,026 sqft
2018-05-01 0 days 2,015 sqft
2018-06-01 0 days 2,039 sqft
2018-07-01 0 days 2,062 sqft
2018-08-01 0 days 2,016 sqft
2018-09-01 0 days 1,965 sqft
2018-10-01 0 days 1,943 sqft
2018-11-01 0 days 1,953 sqft
2018-12-01 0 days 1,865 sqft
2019-01-01 0 days 1,798 sqft
2019-02-01 0 days 1,808 sqft
2019-03-01 0 days 1,822 sqft
2019-04-01 0 days 1,864 sqft
2019-05-01 0 days 1,935 sqft
2019-06-01 0 days 1,972 sqft
2019-07-01 0 days 1,988 sqft
2019-08-01 0 days 1,969 sqft
2019-09-01 0 days 1,961 sqft
2019-10-01 0 days 1,956 sqft
2019-11-01 0 days 1,955 sqft
2019-12-01 0 days 1,862 sqft
2020-01-01 0 days 1,879 sqft
2020-02-01 0 days 1,897 sqft
2020-03-01 0 days 1,895 sqft
2020-04-01 0 days 1,937 sqft
2020-05-01 0 days 1,963 sqft
2020-06-01 0 days 1,874 sqft
2020-07-01 0 days 1,935 sqft
2020-08-01 0 days 1,970 sqft
2020-09-01 0 days 1,960 sqft
2020-10-01 0 days 1,964 sqft
2020-11-01 0 days 2,068 sqft
2020-12-01 0 days 1,979 sqft
2021-01-01 0 days 2,051 sqft
2021-02-01 0 days 1,984 sqft
2021-03-01 0 days 1,978 sqft
2021-04-01 0 days 2,019 sqft
2021-05-01 0 days 1,891 sqft
2021-06-01 0 days 1,927 sqft
2021-07-01 0 days 2,040 sqft
2021-08-01 0 days 1,962 sqft
2021-09-01 0 days 1,998 sqft
2021-10-01 0 days 2,007 sqft
2021-11-01 0 days 2,057 sqft
2021-12-01 0 days 1,941 sqft
2022-01-01 0 days 2,064 sqft
2022-02-01 0 days 1,973 sqft
2022-03-01 0 days 1,933 sqft
2022-04-01 0 days 1,843 sqft
2022-05-01 0 days 1,736 sqft
2022-06-01 0 days 1,896 sqft
2022-07-01 0 days 1,920 sqft
2022-08-01 0 days 1,963 sqft
2022-09-01 0 days 1,991 sqft
2022-10-01 0 days 1,928 sqft
2022-11-01 0 days 1,890 sqft
2022-12-01 0 days 1,904 sqft
2023-01-01 0 days 1,850 sqft
2023-02-01 0 days 1,930 sqft
2023-03-01 0 days 2,043 sqft
2023-04-01 0 days 2,096 sqft
2023-05-01 0 days 2,024 sqft
2023-06-01 0 days 2,033 sqft
2023-07-01 0 days 2,021 sqft
2023-08-01 0 days 1,980 sqft
2023-09-01 0 days 1,987 sqft
2023-10-01 0 days 1,981 sqft
2023-11-01 0 days 1,915 sqft
2023-12-01 0 days 1,950 sqft
2024-01-01 0 days 2,010 sqft
2024-02-01 0 days 1,992 sqft
2024-03-01 0 days 2,011 sqft
2024-04-01 0 days 2,025 sqft
Oak Harbor's median listing age (time on market) for 2024-04-01 was 0 days.

Oak Harbor's median square footage for active listings during the 2024-04-01 period was 2,025 sqft. One year prior, the average listing was 2,096 sqft.

Oak Harbor, WA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,085 $508,285,000 $468,465
Home Improvement 277 $33,835,000 $122,148
Cash Out Refi 209 $67,135,000 $321,220
Other 189 $34,925,000 $184,788
Refi 120 $29,870,000 $248,917

Oak Harbor's most frequently cited loan purpose was Home Purchase, with 1,085 originations. The 2nd most popular reason was Home Improvement, with 277 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 597 $269,745,000 $451,834
Over 8% 399 $63,225,000 $158,459
7-8% 381 $146,155,000 $383,609
5-6% 330 $155,400,000 $470,909
4-5% 108 $20,410,000 $188,981
<2.5% 20 $3,330,000 $166,500
3-4% 4 $1,960,000 $490,000
2.5-3% 3 $1,875,000 $625,000

During 2023, Oak Harbor's most frequently originated rate bucket was 6-7%, with 597 originations.

Loan Sizing (Oak Harbor, WA MSA)

Loan Size Originations Total Value Average Loan
$400k-600k 532 $256,370,000 $481,898
$200k-400k 525 $161,155,000 $306,962
$100,000 or less 298 $15,690,000 $52,651
$100k-200k 273 $37,285,000 $136,575
$600k-1000k 215 $156,035,000 $725,744
$Over $1MM 37 $47,515,000 $1,284,189

Oak Harbor's loan sizing saw the bucket of loans from $400k-600k with 532 originations, totaling $256,370,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 513 $255,075,000 $497,222
Under 20% 425 $33,685,000 $79,259
60-80% 355 $187,925,000 $529,366
20-40% 245 $55,545,000 $226,714
40-60% 199 $79,465,000 $399,322
Over 100% 98 $46,190,000 $471,327

Oak Harbor's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 513 originations, totaling $255,075,000 in origination value.