Roanoke Rapids Mortgage Rates

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

30 Year Fixed Rate mortgages in Roanoke Rapids averaged 6.18% for the week of 2022-06-30, compared to the national average of 5.7% for the same period.

The average rate for the prior week (2022-06-23) was 6.19% and one month ago for the week of 2022-05-26, the average rate was 5.58%.

Roanoke Rapids's average rate one year ago was 3.55%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.8%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Roanoke Rapids 30 Year Fixed Rate 2022-06-30 6.18%
Roanoke Rapids 30 Year Fixed Rate Refi 2022-06-30 5.8%
Roanoke Rapids 15 Year Fixed Rate 2022-06-30 5.78%
Roanoke Rapids 15 Year Fixed Rate Refi 2022-06-30 4.94%
Roanoke Rapids 30 Year FHA 2022-06-30 5.71%
Roanoke Rapids 30 Year FHA Refi 2022-06-30 5.76%
Roanoke Rapids 30 Year USDA 2022-06-30 5.49%
Roanoke Rapids 30 Year USDA Refi 2022-06-30 3.08%
Roanoke Rapids 30 Year VA 2022-06-30 5.68%
Roanoke Rapids 30 Year VA Refi 2022-06-30 5.4%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Roanoke Rapids, NC.

Roanoke Rapids 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 Roanoke Rapids, NC 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
STATE EMPLOYEES' 90 3.37% $3,361
QUICKEN LOANS, LLC 36 3.09% $4,543
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 24 3.16% $4,261
Truist Bank 21 2.88% $3,508
Southern Bank and Trust Company 17 3.05% $3,478
LOCAL GOVERNMENT FEDERAL CREDIT UNION 15 3.43% $3,179
Paramount Residential Mortgage Group, Inc. 12 2.94% $3,573
NAVY FEDERAL CREDIT UNION 9 3.76% $3,125
Wells Fargo Bank 9 3.29% $2,566
First-Citizens Bank & Trust Company 8 3.01% $3,778
Bank of America 7 2.80% $4,853
PRIMELENDING, A PLAINSCAPITAL COMPANY 7 3.50% $3,565
UNITED WHOLESALE MORTGAGE, LLC 6 3.00% $3,652
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 3.14% $4,915
LOANDEPOT.COM, LLC 6 3.06% $4,232
HOME POINT FINANCIAL CORPORATION 6 2.98% $4,082
Alcova Mortgage LLC 6 3.02% $5,301
Towne Bank 5 3.35% $4,005
PNC Bank 4 3.16% $3,342
CALIBER HOME LOANS, INC. 4 2.99% $3,253
ANGEL OAK HOME LOANS LLC 3 4.62% $8,294
MOVEMENT MORTGAGE, LLC 3 2.94% $3,730
Nations Lending Corporation 3 3.00% $7,522
First Reliance Bank 3 3.04% $3,515
Carrington Mortgage Services, LLC 3 3.25% $5,748
Corporate Investors Mortgage Group, Inc. 3 2.88% $2,479
Fifth Third Bank 2 3.44% $4,253
Regions Bank 2 3.25% $6,553
SOUTHERN TRUST MORTGAGE, LLC 2 3.06% $4,202
AMERISAVE MORTGAGE CORPORATION 2 3.25% $1,996
C & F Mortgage Corporation 2 3.31% $4,067
George Mason Mortgage, LLC 2 3.38% $4,326
Citizens Bank 2 3.06% $3,010
GUARANTEED RATE, INC. 2 3.44% $5,038
OVM FINANCIAL, INC. 2 2.75% $3,834
Tidewater Home Funding, LLC 2 3.19% $3,090
Blue Ridge Bank 2 2.94% $4,826
Atlantic Union Bank 2 3.00% $4,477
Mortgage Research Center, LLC 2 3.56% $4,840
FirstBank 2 3.06% $2,543
HOMESIDE FINANCIAL, LLC 2 3.03% $3,995
U.S. Bank 2 3.38% $3,143
CORNERSTONE HOME LENDING, INC. 2 3.12% $3,712
FINANCE OF AMERICA MORTGAGE LLC 2 2.81% $3,446
Wyndham Capital Mortgage, Inc. 2 3.31% $1,248
INTERCOASTAL MORTGAGE COMPANY 2 3.31% $11,512
Atlantic Coast Mortgage, LLC 2 3.13% $4,040
Renasant Bank 2 2.75% $2,127
ROYAL UNITED MORTGAGE LLC 2 3.69% $5,643
ZILLOW HOME LOANS, LLC 1 3.38% $3,740
ALLIED MORTGAGE GROUP, INC. 1 2.75% $1,730
AMERICAN FINANCING CORPORATION 1 2.88% $3,580
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 3.63% $4,945
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 3.25% $4,435
BROKER SOLUTIONS, INC. 1 3.63% $5,821
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 2.75% $1,251
COASTAL Federal Credit Union 1 2.75% $3,292
Dollar Bank, Federal Savings Bank 1 2.88% $8,451
EMM LOANS LLC 1 2.88% $3,617
FIRST COMMUNITY MORTGAGE, INC. 1 2.75% $2,531
First Guaranty Mortgage Corporation 1 3.88% $4,362
First Heritage Mortgage, LLC 1 3.00% $2,493
First National Bank of Pennsylvania 1 3.00% $3,121
First Option Mortgage, LLC 1 3.00% $3,328
F & M BANK CORP. 1 2.50% $4,378
Gateway First Bank 1 2.63% $4,887
GENEVA FINANCIAL, LLC 1 3.38% $3,409
GoPrime Mortgage, Inc. 1 3.88% $4,792
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 2.75% $2,409
HOMESTEAD FUNDING CORP. 1 2.88% $3,139
JET HOMELOANS, LLC 1 3.13% $3,824
JPMorgan Chase Bank 1 3.50% $1,747
JUSTICE Federal Credit Union 1 2.75% $5,653
LATINO COMMUNITY CREDIT UNION 1 6.00% $2,829
Lend Smart Mortgage, LLC 1 3.88% $10,332
Manufacturers and Traders Trust Company 1 2.88% $3,513
MASON MCDUFFIE MORTGAGE CORPORATION 1 3.63% $8,059
MILEND, INC. 1 3.63% $4,862
NewTowne Mortgage, LLC 1 3.50% $4,626
Northpointe Bank 1 3.25% $2,790
North State Bank 1 2.99% $4,274
PENTAGON FEDERAL CREDIT UNION 1 2.88% $1,294
Prosperity Home Mortgage, LLC 1 3.38% $2,932
RELIANCE FIRST CAPITAL, LLC 1 2.99% $3,661
RESOURCE FINANCIAL SERVICES, INC. 1 2.75% $3,316
SOFI LENDING CORP. 1 3.00% $3,449
S&T Bank 1 3.00% $3,936
Sunflower Bank 1 2.99% $2,388
TD Bank 1 3.25% $4,130
The Central Trust Bank 1 2.75% $3,112
The Huntington National Bank 1 2.80% $5,141
UNION HOME MORTGAGE CORP. 1 2.88% $4,581
Univest Bank and Trust Co. 1 3.25% $4,518
Vibrant Credit Union 1 2.63% $2,721
ACADEMY MORTGAGE CORPORATION 1 3.13% $3,596

Roanoke Rapids, NC's 95 lenders originated 1,292 loans during 2021. The total origination value was $240,650,000, with an average loan value of $186,262.

The top Roanoke Rapids lender as defined by loan originations is STATE EMPLOYEES', with 90 loans originated. Their average total fees are $3,361, which is $1,181 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Roanoke Rapids lenders (with over 10 loans originated) are LOCAL GOVERNMENT FEDERAL CREDIT UNION ($3,179), STATE EMPLOYEES' ($3,361), Southern Bank and Trust Company ($3,478), Truist Bank ($3,508) and Paramount Residential Mortgage Group, Inc. ($3,573).

The lowest rate Roanoke Rapids lenders (with over 10 loans originated) are Truist Bank (2.88%), Paramount Residential Mortgage Group, Inc. (2.94%), Southern Bank and Trust Company (3.05%), QUICKEN LOANS, LLC (3.09%) and ATLANTIC BAY MORTGAGE GROUP, L.L.C. (3.16%).

Roanoke Rapids, NC 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
STATE EMPLOYEES' $21,495,000 $29,675,000 38.1% 12.3%
QUICKEN LOANS, LLC $19,750,000 $23,735,000 20.2% 9.9%
Southern Bank and Trust Company $9,975,000 $10,200,000 2.3% 4.2%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $2,565,000 $10,040,000 291.4% 4.2%
Truist Bank $13,870,000 $10,015,000 -27.8% 4.2%
First-Citizens Bank & Trust Company $3,955,000 $6,235,000 57.6% 2.6%
Mortgage Research Center, LLC $3,610,000 $6,185,000 71.3% 2.6%
Paramount Residential Mortgage Group, Inc. $720,000 $5,250,000 629.2% 2.2%
Wells Fargo Bank $6,460,000 $5,195,000 -19.6% 2.2%
Bank of America $1,320,000 $4,765,000 261.0% 2.0%
Touchstone Bank $1,965,000 $4,330,000 120.4% 1.8%
FREEDOM MORTGAGE CORPORATION $4,205,000 $4,045,000 -3.8% 1.7%
NAVY FEDERAL CREDIT UNION $4,100,000 $3,955,000 -3.5% 1.6%
PRIMELENDING, A PLAINSCAPITAL COMPANY $7,885,000 $3,655,000 -53.6% 1.5%
PNC Bank $1,115,000 $3,395,000 204.5% 1.4%
LOANDEPOT.COM, LLC $1,620,000 $3,350,000 106.8% 1.4%
VANDERBILT MORTGAGE AND FINANCE, INC. $4,185,000 $3,180,000 -24.0% 1.3%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $2,430,000 $3,075,000 26.5% 1.3%
COASTAL Federal Credit Union $2,560,000 $2,980,000 16.4% 1.2%
UNITED WHOLESALE MORTGAGE, LLC $1,310,000 $2,875,000 119.5% 1.2%
HOME POINT FINANCIAL CORPORATION $1,385,000 $2,755,000 98.9% 1.1%
Atlantic Union Bank $1,580,000 $2,655,000 68.0% 1.1%
Benchmark Community Bank $1,675,000 $2,460,000 46.9% 1.0%
CALIBER HOME LOANS, INC. $2,460,000 $2,420,000 -1.6% 1.0%
PENTAGON FEDERAL CREDIT UNION $2,230,000 $2,355,000 5.6% 1.0%
Towne Bank $3,290,000 $2,285,000 -30.5% 0.9%
INTERCOASTAL MORTGAGE COMPANY $730,000 $2,240,000 206.8% 0.9%
GUARANTEED RATE, INC. $405,000 $2,230,000 450.6% 0.9%
PENNYMAC LOAN SERVICES, LLC $730,000 $2,170,000 197.3% 0.9%
Alcova Mortgage LLC $3,345,000 $2,130,000 -36.3% 0.9%
AMERISAVE MORTGAGE CORPORATION $2,425,000 $2,085,000 -14.0% 0.9%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,285,000 $1,705,000 32.7% 0.7%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $965,000 $1,670,000 73.1% 0.7%
MOVEMENT MORTGAGE, LLC $1,815,000 $1,655,000 -8.8% 0.7%
U.S. Bank $1,145,000 $1,655,000 44.5% 0.7%
First National Bank of Pennsylvania $1,270,000 $1,570,000 23.6% 0.7%
C & F Mortgage Corporation $1,690,000 $1,320,000 -21.9% 0.5%
ANGEL OAK HOME LOANS LLC $165,000 $1,285,000 678.8% 0.5%
NEW DAY FINANCIAL, LLC $1,070,000 $1,270,000 18.7% 0.5%
OVM FINANCIAL, INC. $420,000 $1,205,000 186.9% 0.5%
United Bank $1,205,000 n/a 0.5%
Regions Bank $315,000 $1,160,000 268.3% 0.5%
First Bank $800,000 $1,145,000 43.1% 0.5%
VILLAGE CAPITAL & INVESTMENT LLC $745,000 $1,140,000 53.0% 0.5%
Carrington Mortgage Services, LLC $875,000 $1,135,000 29.7% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $960,000 $1,135,000 18.2% 0.5%
First Reliance Bank $605,000 $1,125,000 86.0% 0.5%
Tidewater Home Funding, LLC $840,000 $1,075,000 28.0% 0.4%
Corporate Investors Mortgage Group, Inc. $560,000 $1,065,000 90.2% 0.4%
BETTER MORTGAGE CORPORATION $340,000 $1,055,000 210.3% 0.4%
USAA Federal Savings Bank $580,000 $1,035,000 78.4% 0.4%
EMBRACE HOME LOANS, INC. $1,025,000 n/a 0.4%
JPMorgan Chase Bank $1,560,000 $990,000 -36.5% 0.4%
HOMESIDE FINANCIAL, LLC $475,000 $975,000 105.3% 0.4%
Citizens Bank $145,000 $965,000 565.5% 0.4%
AgCarolina Farm Credit, FLCA $365,000 $860,000 135.6% 0.4%
Fifth Third Bank $885,000 $855,000 -3.4% 0.4%
Nations Lending Corporation $840,000 n/a 0.3%
Barrington Bank & Trust Company, N.A. $735,000 $830,000 12.9% 0.3%
CORNERSTONE HOME LENDING, INC. $300,000 $810,000 170.0% 0.3%
North State Bank $1,040,000 $800,000 -23.1% 0.3%
BROKER SOLUTIONS, INC. $580,000 $730,000 25.9% 0.3%
SOUTHERN TRUST MORTGAGE, LLC $825,000 $725,000 -12.1% 0.3%
George Mason Mortgage, LLC $1,080,000 $715,000 -33.8% 0.3%
SOUTHWEST STAGE FUNDING, LLC $155,000 $660,000 325.8% 0.3%
Wyndham Capital Mortgage, Inc. $840,000 $660,000 -21.4% 0.3%
FirstBank $335,000 $650,000 94.0% 0.3%
The Huntington National Bank $645,000 n/a 0.3%
21ST MORTGAGE CORPORATION $660,000 $630,000 -4.5% 0.3%
Atlantic Coast Mortgage, LLC $1,190,000 $630,000 -47.1% 0.3%
Blue Ridge Bank $710,000 $630,000 -11.3% 0.3%
First Heritage Mortgage, LLC $1,980,000 $630,000 -68.2% 0.3%
FINANCE OF AMERICA MORTGAGE LLC $1,210,000 $620,000 -48.8% 0.3%
Shamrock Home Loans, Inc. $550,000 n/a 0.2%
CLEARPATH LENDING $155,000 $545,000 251.6% 0.2%
GoPrime Mortgage, Inc. $2,305,000 $545,000 -76.4% 0.2%
Lend Smart Mortgage, LLC $545,000 n/a 0.2%
EQUITY RESOURCES, INC. $375,000 $535,000 42.7% 0.2%
LAKEVIEW LOAN SERVICING, LLC $205,000 $525,000 156.1% 0.2%
UNION HOME MORTGAGE CORP. $955,000 $515,000 -46.1% 0.2%
Dollar Bank, Federal Savings Bank $785,000 $465,000 -40.8% 0.2%
HOMESTEAD FUNDING CORP. $985,000 $465,000 -52.8% 0.2%
North American Savings Bank, F.S.B. $335,000 $455,000 35.8% 0.2%
The Old Point National Bank of Phoebus $385,000 $450,000 16.9% 0.2%
Integrity Home Mortgage Corp $435,000 n/a 0.2%
The Fidelity Bank $875,000 $435,000 -50.3% 0.2%
FIRST COMMUNITY MORTGAGE, INC. $425,000 n/a 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $305,000 $405,000 32.8% 0.2%
JET HOMELOANS, LLC $405,000 n/a 0.2%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $395,000 n/a 0.2%
Vibrant Credit Union $395,000 n/a 0.2%
AMERIFIRST FINANCIAL CORPORATION $390,000 n/a 0.2%
SOFI LENDING CORP. $390,000 n/a 0.2%
MASON MCDUFFIE MORTGAGE CORPORATION $385,000 n/a 0.2%
NEWREZ LLC $260,000 $385,000 48.1% 0.2%
EMM LOANS LLC $380,000 n/a 0.2%
RELIANCE FIRST CAPITAL, LLC $380,000 n/a 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $230,000 $375,000 63.0% 0.2%
Bank of England $330,000 $375,000 13.6% 0.2%
Renasant Bank $1,140,000 $370,000 -67.5% 0.2%
MILEND, INC. $285,000 $360,000 26.3% 0.1%
RESOURCE FINANCIAL SERVICES, INC. $355,000 $355,000 0.0% 0.1%
RF Renovo Management Company, LLC $355,000 n/a 0.1%
Alpha Mortgage Corporation $345,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $315,000 $325,000 3.2% 0.1%
CALCON MUTUAL MORTGAGE LLC $770,000 $315,000 -59.1% 0.1%
First Guaranty Mortgage Corporation $505,000 $310,000 -38.6% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $410,000 $305,000 -25.6% 0.1%
ZILLOW HOME LOANS, LLC $300,000 n/a 0.1%
Bronco Federal Credit Union $15,000 $295,000 1,866.7% 0.1%
The Federal Savings Bank $295,000 n/a 0.1%
ALLIED MORTGAGE GROUP, INC. $285,000 n/a 0.1%
AMERICAN FINANCIAL NETWORK, INC. $145,000 $280,000 93.1% 0.1%
GENEVA FINANCIAL, LLC $280,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $275,000 n/a 0.1%
Towne Mortgage of the Carolinas, LLC $65,000 $275,000 323.1% 0.1%
Union Bank $275,000 n/a 0.1%
First Community Bank $265,000 n/a 0.1%
The Central Trust Bank $265,000 n/a 0.1%
S&T Bank $255,000 n/a 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $250,000 n/a 0.1%
Univest Bank and Trust Co. $245,000 n/a 0.1%
Discover Bank $240,000 n/a 0.1%
First Horizon Bank $285,000 $235,000 -17.5% 0.1%
ON Q FINANCIAL, INC. $235,000 n/a 0.1%
TIDEWATER MORTGAGE SERVICES, INC. $630,000 $235,000 -62.7% 0.1%
1ST SIGNATURE LENDING, LLC $185,000 $225,000 21.6% 0.1%
JUSTICE Federal Credit Union $135,000 $225,000 66.7% 0.1%
Arvest Bank $210,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $205,000 n/a 0.1%
CIVIC FINANCIAL SERVICES, LLC $205,000 n/a 0.1%
RAPID MORTGAGE COMPANY $205,000 n/a 0.1%
TD Bank $205,000 $205,000 0.0% 0.1%
United Community Bank $205,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $175,000 $195,000 11.4% 0.1%
Flagstar Bank, FSB $135,000 $195,000 44.4% 0.1%
Sunflower Bank $195,000 n/a 0.1%
LENDUS, LLC $190,000 n/a 0.1%
Hometown Lenders, Inc. $185,000 n/a 0.1%
SWBC MORTGAGE CORPORATION $185,000 n/a 0.1%
Bethpage Federal Credit Union $175,000 n/a 0.1%
Mid-Continent Funding, Inc. $175,000 n/a 0.1%
NewTowne Mortgage, LLC $305,000 $175,000 -42.6% 0.1%
ACADEMY MORTGAGE CORPORATION $165,000 n/a 0.1%
Atlantic Home Loans, Inc. $165,000 n/a 0.1%
Gateway First Bank $165,000 n/a 0.1%
Ally Bank $155,000 n/a 0.1%
F & M BANK CORP. $155,000 n/a 0.1%
INOVA FEDERAL CREDIT UNION $155,000 n/a 0.1%
LANGLEY $95,000 $155,000 63.2% 0.1%
Plains Commerce Bank $155,000 n/a 0.1%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $155,000 n/a 0.1%
LIBERTY HOME MORTGAGE CORPORATION $145,000 n/a 0.1%
Austin Capital Bank SSB $135,000 n/a 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $95,000 $125,000 31.6% 0.1%
LEADERONE FINANCIAL CORPORATION $105,000 n/a 0.0%
PHH Mortgage Corporation $160,000 $105,000 -34.4% 0.0%
Third Federal Savings and Loan Association of Cleveland $105,000 n/a 0.0%
First Option Mortgage, LLC $95,000 n/a 0.0%
Presidential Bank, FSB $95,000 n/a 0.0%
SELF-HELP Credit Union $55,000 $95,000 72.7% 0.0%
AMERICAN FINANCING CORPORATION $85,000 n/a 0.0%
CMG MORTGAGE, INC. $570,000 $85,000 -85.1% 0.0%
HomeTrust Bank $85,000 n/a 0.0%
LOANLEADERS OF AMERICA, INC. $85,000 n/a 0.0%
Northpointe Bank $85,000 n/a 0.0%
LATINO COMMUNITY CREDIT UNION $75,000 n/a 0.0%
MCLEAN MORTGAGE CORPORATION $1,235,000 $75,000 -93.9% 0.0%
TIAA, FSB $75,000 n/a 0.0%
Republic Bank & Trust Company $65,000 n/a 0.0%
T2 FINANCIAL LLC $65,000 n/a 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $465,000 $55,000 -88.2% 0.0%
LOANPAL, LLC $115,000 $55,000 -52.2% 0.0%
Prosperity Home Mortgage, LLC $605,000 $55,000 -90.9% 0.0%
ALLIANT CREDIT UNION $45,000 n/a 0.0%
Manufacturers and Traders Trust Company $45,000 n/a 0.0%
AMERICAN ADVISORS GROUP $110,000 $25,000 -77.3% 0.0%
First Carolina Bank $25,000 n/a 0.0%

Roanoke Rapids's top lender by overall market share is STATE EMPLOYEES', with 12.3% market share. In second place, with 9.9%, is QUICKEN LOANS, LLC, having originated $23,735,000 in loans. In third place, with 4.2%, is Southern Bank and Trust Company, having originated $10,200,000 in loans. In third place, with 4.2%, is ATLANTIC BAY MORTGAGE GROUP, L.L.C., having originated $10,040,000 in loans. In third place, with 4.2%, is Truist Bank, having originated $10,015,000 in loans.


Roanoke Rapids, NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 588 $116,700,000 $198,469
Refi 461 $87,675,000 $190,184
Cash Out Refi 128 $24,690,000 $192,891
Other 64 $6,320,000 $98,750
Home Improvement 51 $5,265,000 $103,235

Roanoke Rapids's most frequently cited loan purpose was Home Purchase, with 588 originations. The 2nd most popular reason was Refi, with 461 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 504 $93,470,000 $185,456
3-4% 477 $89,185,000 $186,971
<2.5% 188 $39,490,000 $210,053
4-5% 61 $8,055,000 $132,049
Over 8% 19 $1,725,000 $90,789
6-7% 14 $1,640,000 $117,143
5-6% 12 $1,790,000 $149,167
7-8% 2 $210,000 $105,000

During 2021, Roanoke Rapids's most frequently originated rate bucket was 2.5-3%, with 504 originations.

Loan Sizing (Roanoke Rapids, NC MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 480 $67,780,000 $141,208
$100,000 or less 415 $27,475,000 $66,205
$200k-400k 276 $74,970,000 $271,630
$400k-600k 90 $42,940,000 $477,111
$600k-1000k 20 $13,760,000 $688,000
$Over $1MM 11 $13,725,000 $1,247,727

Roanoke Rapids's loan sizing saw the bucket of loans from $100k-200k with 480 originations, totaling $67,780,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 574 $100,540,000 $175,157
60-80% 347 $77,225,000 $222,550
40-60% 144 $29,890,000 $207,569
20-40% 87 $11,065,000 $127,184
Under 20% 51 $3,265,000 $64,020
Over 100% 28 $5,610,000 $200,357

Roanoke Rapids's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 574 originations, totaling $100,540,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Roanoke Rapids (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 $151,650 (-0.5%) $240,166 (-4.2%) 0.00 264
2018-02-01 $157,500 (-12.0%) $245,946 (-4.9%) 0.00 263
2018-03-01 $180,000 (-4.5%) $252,770 (-5.1%) 0.00 284
2018-04-01 $184,950 (-2.6%) $267,327 (-1.9%) 0.00 287
2018-05-01 $171,450 (-13.0%) $262,684 (-4.1%) 0.00 295
2018-06-01 $169,000 (-7.4%) $251,184 (-3.3%) 0.00 290
2018-07-01 $158,500 (-6.2%) $248,941 (0.5%) 0.00 282
2018-08-01 $149,000 (-15.3%) $241,309 (-6.2%) 0.00 280
2018-09-01 $142,000 (-22.2%) $230,468 (-11.9%) 0.00 293
2018-10-01 $141,000 (-21.4%) $230,227 (-8.4%) 0.00 277
2018-11-01 $139,450 (-22.5%) $225,976 (-12.2%) 0.00 271
2018-12-01 $130,000 (-27.4%) $210,859 (-17.8%) 0.00 273
2019-01-01 $139,250 (-8.2%) $223,932 (-6.8%) 0.00 265
2019-02-01 $143,900 (-8.6%) $239,726 (-2.5%) 0.00 267
2019-03-01 $157,371 (-12.6%) $244,504 (-3.3%) 0.00 268
2019-04-01 $170,000 (-8.1%) $249,902 (-6.5%) 0.00 265
2019-05-01 $190,150 (10.9%) $281,962 (7.3%) 0.00 259
2019-06-01 $212,000 (25.4%) $299,770 (19.3%) 0.00 250
2019-07-01 $202,450 (27.7%) $280,995 (12.9%) 0.00 234
2019-08-01 $199,514 (33.9%) $275,804 (14.3%) 0.00 226
2019-09-01 $199,000 (40.1%) $271,344 (17.7%) 0.00 223
2019-10-01 $179,900 (27.6%) $259,884 (12.9%) 0.00 224
2019-11-01 $189,000 (35.5%) $269,877 (19.4%) 0.00 225
2019-12-01 $190,500 (46.5%) $275,486 (30.7%) 0.00 224
2020-01-01 $189,500 (36.1%) $266,788 (19.1%) 0.00 212
2020-02-01 $180,000 (25.1%) $268,329 (11.9%) 0.00 194
2020-03-01 $181,250 (15.2%) $277,544 (13.5%) 0.00 204
2020-04-01 $169,950 (0.0%) $273,875 (9.6%) 0.00 199
2020-05-01 $159,900 (-15.9%) $258,541 (-8.3%) 0.00 174
2020-06-01 $155,950 (-26.4%) $268,139 (-10.6%) 0.00 158
2020-07-01 $169,250 (-16.4%) $264,600 (-5.8%) 0.00 150
2020-08-01 $169,000 (-15.3%) $276,301 (0.2%) 0.00 136
2020-09-01 $169,250 (-15.0%) $310,493 (14.4%) 0.00 137
2020-10-01 $149,000 (-17.2%) $297,223 (14.4%) 0.00 134
2020-11-01 $129,900 (-31.3%) $279,356 (3.5%) 0.00 145
2020-12-01 $134,400 (-29.5%) $285,744 (3.7%) 0.00 125
2021-01-01 $149,900 (-20.9%) $285,071 (6.9%) 0.00 121
2021-02-01 $149,350 (-17.0%) $286,221 (6.7%) 0.00 102
2021-03-01 $149,950 (-17.3%) $304,079 (9.6%) 0.00 85
2021-04-01 $158,500 (-6.7%) $308,027 (12.5%) 0.00 79
2021-05-01 $210,000 (31.3%) $330,093 (27.7%) 0.00 73
2021-06-01 $215,000 (37.9%) $361,657 (34.9%) 0.00 72
2021-07-01 $241,250 (42.5%) $354,898 (34.1%) 0.00 77
2021-08-01 $229,000 (35.5%) $335,620 (21.5%) 0.00 75
2021-09-01 $212,000 (25.3%) $310,436 (0.0%) 0.00 73
2021-10-01 $215,000 (44.3%) $314,875 (5.9%) 0.00 69
2021-11-01 $200,000 (54.0%) $373,056 (33.5%) 0.00 75
2021-12-01 $187,000 (39.1%) $394,742 (38.2%) 0.00 68
2022-01-01 $199,000 (32.8%) $394,131 (38.3%) 0.00 66
2022-02-01 $187,250 (25.4%) $332,410 (16.1%) 0.00 64
2022-03-01 $224,900 (50.0%) $501,548 (64.9%) 0.00 65
2022-04-01 $215,000 (35.7%) $453,710 (47.3%) 0.00 75
2022-05-01 $259,950 (23.8%) $532,313 (61.3%) 0.00 81
2022-06-01 $293,750 (36.6%) $552,467 (52.8%) 0.00 91
Roanoke Rapids's median listing price for 2022-06-01 was $293,750, a difference of $78,750 (36.6%) versus the prior year and $33,800 versus the prior month.

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

Roanoke Rapids's average listing price for 2022-06-01 was $552,467, a difference of $190,810 (52.8%) versus the prior year and $20,154 versus the prior month.

For the 2022-06-01 period, Roanoke Rapids had 91 MLS listings, a difference of 10 listings (12%) versus the prior month and 19 listings (26%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Roanoke Rapids (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,823 sqft
2018-02-01 0 days 1,842 sqft
2018-03-01 0 days 1,916 sqft
2018-04-01 0 days 1,972 sqft
2018-05-01 0 days 1,881 sqft
2018-06-01 0 days 1,832 sqft
2018-07-01 0 days 1,845 sqft
2018-08-01 0 days 1,823 sqft
2018-09-01 0 days 1,823 sqft
2018-10-01 0 days 1,839 sqft
2018-11-01 0 days 1,823 sqft
2018-12-01 0 days 1,777 sqft
2019-01-01 0 days 1,812 sqft
2019-02-01 0 days 1,779 sqft
2019-03-01 0 days 1,793 sqft
2019-04-01 0 days 1,823 sqft
2019-05-01 0 days 1,906 sqft
2019-06-01 0 days 1,937 sqft
2019-07-01 0 days 1,883 sqft
2019-08-01 0 days 1,835 sqft
2019-09-01 0 days 1,848 sqft
2019-10-01 0 days 1,823 sqft
2019-11-01 0 days 1,823 sqft
2019-12-01 0 days 1,823 sqft
2020-01-01 0 days 1,823 sqft
2020-02-01 0 days 1,823 sqft
2020-03-01 0 days 1,823 sqft
2020-04-01 0 days 1,823 sqft
2020-05-01 0 days 1,800 sqft
2020-06-01 0 days 1,823 sqft
2020-07-01 0 days 1,830 sqft
2020-08-01 0 days 1,823 sqft
2020-09-01 0 days 1,790 sqft
2020-10-01 0 days 1,745 sqft
2020-11-01 0 days 1,559 sqft
2020-12-01 0 days 1,537 sqft
2021-01-01 0 days 1,787 sqft
2021-02-01 0 days 1,754 sqft
2021-03-01 0 days 1,802 sqft
2021-04-01 0 days 1,617 sqft
2021-05-01 0 days 1,756 sqft
2021-06-01 0 days 2,080 sqft
2021-07-01 0 days 1,855 sqft
2021-08-01 0 days 1,885 sqft
2021-09-01 0 days 1,789 sqft
2021-10-01 0 days 1,765 sqft
2021-11-01 0 days 1,824 sqft
2021-12-01 0 days 1,850 sqft
2022-01-01 0 days 1,760 sqft
2022-02-01 0 days 1,790 sqft
2022-03-01 0 days 2,041 sqft
2022-04-01 0 days 2,041 sqft
2022-05-01 0 days 2,111 sqft
2022-06-01 0 days 2,311 sqft
Roanoke Rapids's median listing age (time on market) for 2022-06-01 was 0 days.

Roanoke Rapids's median square footage for active listings during the 2022-06-01 period was 2,311 sqft. One year prior, the average listing was 2,080 sqft.