Rockingham Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Rockingham averaged 6.09% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2024-12-05) was 6.48% and one month ago for the week of 2024-11-07, the average rate was 6.18%.

    Rockingham's average rate one year ago was 6.72%.

    For refis of the same type during the week of 2024-12-12, the average rate was 6.9%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    Rockingham 30 Year Fixed Rate 2024-12-12 6.09%
    Rockingham 30 Year Fixed Rate Refi 2024-12-12 6.9%
    Rockingham 15 Year Fixed Rate 2024-12-12 5.94%
    Rockingham 15 Year Fixed Rate Refi 2024-12-12 5.94%
    Rockingham 30 Year FHA 2024-12-12 6.38%
    Rockingham 30 Year FHA Refi 2024-12-12 6.28%
    Rockingham 30 Year USDA 2024-12-12 6.5%
    Rockingham 30 Year USDA Refi 2024-12-12 6.1%
    Rockingham 30 Year VA 2024-12-12 6.08%
    Rockingham 30 Year VA Refi 2024-12-12 6.18%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Rockingham, NC.

    Rockingham 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 Rockingham, 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    STATE EMPLOYEES' 72 5.85% $3,607
    QUICKEN LOANS, LLC 8 7.03% $5,447
    LOCAL GOVERNMENT FEDERAL CREDIT UNION 7 6.36% $3,547
    VANDERBILT MORTGAGE AND FINANCE, INC. 6 7.94% $5,326
    MOVEMENT MORTGAGE, LLC 5 7.21% $6,239
    First Bank 5 4.58% $2,870
    NFM, INC. 4 7.16% $5,567
    UNITED WHOLESALE MORTGAGE, LLC 4 6.93% $5,781
    Uwharrie Bank 3 6.94% $3,674
    First National Bank of Pennsylvania 3 6.63% $3,435
    JPMorgan Chase Bank 3 7.25% $2,924
    AgFirst Farm Credit Bank 2 7.06% $6,681
    Bank of England 2 6.38% $4,251
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.93% $7,056
    NAVY FEDERAL CREDIT UNION 2 6.94% $3,498
    The Fidelity Bank 2 6.56% $5,469
    USAA Federal Savings Bank 2 6.75% $3,991
    INTERCOASTAL MORTGAGE COMPANY 1 7.50% $4,331
    FREEDOM MORTGAGE CORPORATION 1 6.88% $5,473
    LATINO COMMUNITY CREDIT UNION 1 6.00% $4,029
    LENDSURE MORTGAGE CORP. 1 8.75% $17,266
    First-Citizens Bank & Trust Company 1 7.50% $4,052
    Fifth Third Bank 1 6.88% $3,519
    Bell Bank 1 6.99% $6,446
    NEWREZ LLC 1 7.38% $3,992
    EQUITY RESOURCES, INC. 1 6.50% $4,137
    North State Bank 1 5.88% $2,753
    PHH Mortgage Corporation 1 7.63% $4,043
    PNC Bank 1 6.25% $4,224
    CROSSCOUNTRY MORTGAGE, LLC 1 6.99% $7,910
    Renasant Bank 1 6.88% $3,987
    REV FEDERAL CREDIT UNION 1 6.13% $3,838
    Service Federal Credit Union 1 8.00% $3,337
    CORNING 1 6.88% $4,313
    Wells Fargo Bank 1 7.63% $3,422
    TOP FLITE FINANCIAL, INC. 1 6.88% $11,820
    Truist 1 5.99% $2,614
    Truliant Federal Credit Union 1 6.75% $3,277
    CMG MORTGAGE, INC. 1 5.99% $3,967
    ZILLOW HOME LOANS, LLC 1 6.63% $3,838
    CHURCHILL MORTGAGE CORPORATION 1 5.99% $5,279
    GUILD MORTGAGE COMPANY 1 6.99% $5,690
    HomeTrust Bank 1 5.75% $5,593
    HOWARD HANNA FINANCIAL SERVICES, INC. 1 6.88% $3,422

    Rockingham Average Closing Costs & Other Stats

    Rockingham, NC's 44 lenders originated 556 loans during 2023. The total origination value was $97,060,000, with an average loan value of $174,568.

    Rockingham's average closing costs are $4,531.

    The top Rockingham lender as defined by loan originations is STATE EMPLOYEES', with 72 loans originated. Their average total fees are $3,607, which is $1,840 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Rockingham lenders (with over 10 loans originated) are STATE EMPLOYEES' ($3,607), .

    The lowest rate Rockingham lenders (with over 10 loans originated) are STATE EMPLOYEES' (5.85%), .

    Rockingham, NC 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
    STATE EMPLOYEES' $24,170,000 $18,535,000 -23.3% 19.1%
    GREYSTONE SERVICING COMPANY LLC $8,455,000 n/a 8.7%
    Webster Bank $8,455,000 n/a 8.7%
    Mortgage Research Center, LLC $3,390,000 $4,805,000 41.7% 5.0%
    First Bank $3,655,000 $4,450,000 21.8% 4.6%
    QUICKEN LOANS, LLC $11,065,000 $4,065,000 -63.3% 4.2%
    UNITED WHOLESALE MORTGAGE, LLC $4,365,000 $3,420,000 -21.6% 3.5%
    MOVEMENT MORTGAGE, LLC $1,310,000 $3,300,000 151.9% 3.4%
    VANDERBILT MORTGAGE AND FINANCE, INC. $1,065,000 $3,245,000 204.7% 3.3%
    LOCAL GOVERNMENT FEDERAL CREDIT UNION $4,470,000 $1,955,000 -56.3% 2.0%
    The Fidelity Bank $2,540,000 $1,885,000 -25.8% 1.9%
    INTERCOASTAL MORTGAGE COMPANY $2,170,000 $1,865,000 -14.1% 1.9%
    Truist $2,440,000 $1,780,000 -27.0% 1.8%
    21ST MORTGAGE CORPORATION $3,240,000 $1,385,000 -57.3% 1.4%
    USAA Federal Savings Bank $760,000 $1,305,000 71.7% 1.3%
    NFM, INC. $2,115,000 $1,300,000 -38.5% 1.3%
    UNION HOME MORTGAGE CORP. $1,185,000 n/a 1.2%
    CMG MORTGAGE, INC. $1,105,000 n/a 1.1%
    PNC Bank $1,780,000 $1,035,000 -41.9% 1.1%
    CARDINAL FINANCIAL $470,000 $890,000 89.4% 0.9%
    NAVY FEDERAL CREDIT UNION $980,000 $890,000 -9.2% 0.9%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,820,000 $880,000 -68.8% 0.9%
    NEW DAY FINANCIAL, LLC $1,160,000 $870,000 -25.0% 0.9%
    FREEDOM MORTGAGE CORPORATION $385,000 $860,000 123.4% 0.9%
    Uwharrie Bank $210,000 $795,000 278.6% 0.8%
    AgFirst Farm Credit Bank $125,000 $755,000 504.0% 0.8%
    TRIAD FINANCIAL SERVICES, INC. $420,000 $755,000 79.8% 0.8%
    LOANDEPOT.COM, LLC $1,010,000 $720,000 -28.7% 0.7%
    CROSSCOUNTRY MORTGAGE, LLC $700,000 $685,000 -2.1% 0.7%
    CALCON MUTUAL MORTGAGE LLC $570,000 n/a 0.6%
    PENNYMAC LOAN SERVICES, LLC $240,000 $505,000 110.4% 0.5%
    LENDSURE MORTGAGE CORP. $495,000 n/a 0.5%
    First Horizon Bank $780,000 $455,000 -41.7% 0.5%
    Ameris Bank $430,000 n/a 0.4%
    RELIANCE FIRST CAPITAL, LLC $425,000 n/a 0.4%
    First National Bank of Pennsylvania $385,000 n/a 0.4%
    F&M Bank $365,000 n/a 0.4%
    Acre Mortgage and Financial Inc $355,000 n/a 0.4%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $945,000 $340,000 -64.0% 0.4%
    PLAZA HOME MORTGAGE, INC. $135,000 $320,000 137.0% 0.3%
    United Bank $295,000 n/a 0.3%
    Carrington Mortgage Services, LLC $160,000 $290,000 81.3% 0.3%
    Flagstar Bank, FSB $470,000 $265,000 -43.6% 0.3%
    The Federal Savings Bank $185,000 $265,000 43.2% 0.3%
    TOWNE MORTGAGE COMPANY $255,000 n/a 0.3%
    COUNTRYPLACE MORTGAGE, LTD. $250,000 n/a 0.3%
    GUILD MORTGAGE COMPANY $240,000 n/a 0.2%
    JPMorgan Chase Bank $645,000 $235,000 -63.6% 0.2%
    PHH Mortgage Corporation $235,000 n/a 0.2%
    Bank of England $370,000 $230,000 -37.8% 0.2%
    Wells Fargo Bank $1,020,000 $230,000 -77.5% 0.2%
    CORNING $95,000 $225,000 136.8% 0.2%
    Blue Ridge Bank $210,000 $215,000 2.4% 0.2%
    FIRST BANCORP $215,000 n/a 0.2%
    Northwest Federal Credit Union $210,000 n/a 0.2%
    LENDINGHOME FUNDING CORPORATION $205,000 n/a 0.2%
    Renasant Bank $205,000 n/a 0.2%
    TOP FLITE FINANCIAL, INC. $275,000 $205,000 -25.5% 0.2%
    SOUTHWEST STAGE FUNDING, LLC $755,000 $195,000 -74.2% 0.2%
    Bank of America $220,000 $190,000 -13.6% 0.2%
    NEWREZ LLC $425,000 $190,000 -55.3% 0.2%
    1ST SIGNATURE LENDING, LLC $185,000 n/a 0.2%
    CHURCHILL MORTGAGE CORPORATION $125,000 $185,000 48.0% 0.2%
    CSL Financial, LLC $185,000 n/a 0.2%
    DOMINION FINANCIAL SERVICES, LLC $125,000 $185,000 48.0% 0.2%
    Figure Lending LLC $105,000 $180,000 71.4% 0.2%
    First-Citizens Bank & Trust Company $585,000 $175,000 -70.1% 0.2%
    LOANPAL, LLC $175,000 n/a 0.2%
    Fifth Third Bank $165,000 n/a 0.2%
    Hometown Equity Mortgage, LLC $165,000 n/a 0.2%
    Mid-Continent Funding, Inc. $165,000 n/a 0.2%
    Truliant Federal Credit Union $125,000 $160,000 28.0% 0.2%
    EQUITY RESOURCES, INC. $155,000 n/a 0.2%
    HomeTrust Bank $155,000 n/a 0.2%
    Prosperity Home Mortgage, LLC $615,000 $155,000 -74.8% 0.2%
    BROKER SOLUTIONS, INC. $310,000 $150,000 -51.6% 0.2%
    Barrington Bank & Trust Company, N.A. $225,000 $145,000 -35.6% 0.1%
    LATINO COMMUNITY CREDIT UNION $265,000 $145,000 -45.3% 0.1%
    AgSouth Farm Credit, ACA $135,000 n/a 0.1%
    AMERICAN FINANCIAL NETWORK, INC. $135,000 n/a 0.1%
    Atlantic Coast Mortgage, LLC $125,000 n/a 0.1%
    Bell Bank $125,000 n/a 0.1%
    VERITAS FUNDING, LLC $125,000 n/a 0.1%
    Wolfe Financial, Inc $475,000 $125,000 -73.7% 0.1%
    CIS Financial Services, Inc. $115,000 n/a 0.1%
    Citizens Bank $145,000 $115,000 -20.7% 0.1%
    HOWARD HANNA FINANCIAL SERVICES, INC. $115,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $115,000 n/a 0.1%
    Service Federal Credit Union $105,000 n/a 0.1%
    SPRING EQ, LLC $145,000 $105,000 -27.6% 0.1%
    AMERICAN HERITAGE LENDING, INC. $85,000 n/a 0.1%
    Discover Bank $65,000 $85,000 30.8% 0.1%
    ROYAL UNITED MORTGAGE LLC $315,000 $85,000 -73.0% 0.1%
    REV FEDERAL CREDIT UNION $75,000 n/a 0.1%
    North State Bank $65,000 n/a 0.1%
    Deere Employees Credit Union $55,000 $55,000 0.0% 0.1%

    Rockingham's top lender by overall market share is STATE EMPLOYEES', with 19.1% market share. In second place, with 8.7%, is GREYSTONE SERVICING COMPANY LLC, having originated $8,455,000 in loans. In third place, with 8.7%, is Webster Bank, having originated $8,455,000 in loans. In fourth place, with 5.0%, is Mortgage Research Center, LLC, having originated $4,805,000 in loans. In fifth place, with 4.6%, is First Bank, having originated $4,450,000 in loans.

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

    Realtor.com - Rockingham (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 $119,875 (5.2%) $140,858 (-1.8%) 0.00 128
    2018-02-01 $120,875 (3.1%) $144,192 (-1.9%) 0.00 119
    2018-03-01 $123,000 (7.7%) $150,444 (9.6%) 0.00 104
    2018-04-01 $127,875 (11.2%) $151,987 (14.1%) 0.00 105
    2018-05-01 $136,500 (24.1%) $164,025 (22.3%) 0.00 104
    2018-06-01 $121,500 (10.6%) $152,509 (15.1%) 0.00 103
    2018-07-01 $121,250 (12.4%) $153,246 (19.3%) 0.00 105
    2018-08-01 $122,225 (11.1%) $151,337 (13.0%) 0.00 102
    2018-09-01 $119,900 (0.8%) $152,461 (7.4%) 0.00 91
    2018-10-01 $111,625 (-6.4%) $151,795 (3.9%) 0.00 85
    2018-11-01 $129,000 (10.3%) $160,131 (15.5%) 0.00 83
    2018-12-01 $127,000 (6.3%) $148,734 (4.9%) 0.00 83
    2019-01-01 $121,400 (1.3%) $146,818 (4.2%) 0.00 93
    2019-02-01 $120,725 (-0.1%) $146,287 (1.5%) 0.00 96
    2019-03-01 $118,336 (-3.8%) $144,300 (-4.1%) 0.00 89
    2019-04-01 $117,561 (-8.1%) $142,465 (-6.3%) 0.00 84
    2019-05-01 $120,675 (-11.6%) $137,507 (-16.2%) 0.00 82
    2019-06-01 $114,950 (-5.4%) $135,757 (-11.0%) 0.00 82
    2019-07-01 $118,550 (-2.2%) $136,265 (-11.1%) 0.00 91
    2019-08-01 $122,109 (-0.1%) $143,430 (-5.2%) 0.00 88
    2019-09-01 $125,423 (4.6%) $152,049 (-0.3%) 0.00 80
    2019-10-01 $123,482 (10.6%) $153,672 (1.2%) 0.00 75
    2019-11-01 $111,400 (-13.6%) $144,316 (-9.9%) 0.00 79
    2019-12-01 $101,950 (-19.7%) $147,912 (-0.6%) 0.00 70
    2020-01-01 $104,725 (-13.7%) $143,579 (-2.2%) 0.00 62
    2020-02-01 $103,450 (-14.3%) $144,812 (-1.0%) 0.00 70
    2020-03-01 $104,725 (-11.5%) $160,415 (11.2%) 0.00 71
    2020-04-01 $109,975 (-6.5%) $160,746 (12.8%) 0.00 69
    2020-05-01 $120,000 (-0.6%) $168,864 (22.8%) 0.00 64
    2020-06-01 $124,074 (7.9%) $178,202 (31.3%) 0.00 62
    2020-07-01 $122,549 (3.4%) $170,132 (24.9%) 0.00 53
    2020-08-01 $125,000 (2.4%) $161,445 (12.6%) 0.00 52
    2020-09-01 $109,475 (-12.7%) $170,905 (12.4%) 0.00 44
    2020-10-01 $128,250 (3.9%) $177,021 (15.2%) 0.00 41
    2020-11-01 $123,400 (10.8%) $178,169 (23.5%) 0.00 40
    2020-12-01 $133,925 (31.4%) $170,403 (15.2%) 0.00 43
    2021-01-01 $135,700 (29.6%) $174,820 (21.8%) 0.00 37
    2021-02-01 $163,000 (57.6%) $192,170 (32.7%) 0.00 34
    2021-03-01 $147,950 (41.3%) $192,076 (19.7%) 0.00 36
    2021-04-01 $142,675 (29.7%) $182,795 (13.7%) 0.00 41
    2021-05-01 $139,500 (16.3%) $174,569 (3.4%) 0.00 30
    2021-06-01 $154,675 (24.7%) $171,606 (-3.7%) 0.00 27
    2021-07-01 $149,000 (21.6%) $178,755 (5.1%) 0.00 38
    2021-08-01 $168,700 (35.0%) $188,066 (16.5%) 0.00 37
    2021-09-01 $161,125 (47.2%) $185,589 (8.6%) 0.00 35
    2021-10-01 $158,400 (23.5%) $199,656 (12.8%) 0.00 34
    2021-11-01 $164,650 (33.4%) $208,329 (16.9%) 0.00 33
    2021-12-01 $158,100 (18.1%) $200,967 (17.9%) 0.00 28
    2022-01-01 $159,900 (17.8%) $210,754 (20.6%) 0.00 30
    2022-02-01 $157,675 (-3.3%) $182,256 (-5.2%) 0.00 36
    2022-03-01 $164,225 (11.0%) $228,422 (18.9%) 0.00 37
    2022-04-01 $151,000 (5.8%) $230,306 (26.0%) 0.00 40
    2022-05-01 $161,175 (15.5%) $232,643 (33.3%) 0.00 42
    2022-06-01 $152,425 (-1.5%) $210,736 (22.8%) 0.00 45
    2022-07-01 $164,900 (10.7%) $217,119 (21.5%) 0.00 41
    2022-08-01 $157,063 (-6.9%) $244,785 (30.2%) 0.00 34
    2022-09-01 $168,000 (4.3%) $231,563 (24.8%) 0.00 41
    2022-10-01 $168,000 (6.1%) $231,661 (16.0%) 0.00 48
    2022-11-01 $176,175 (7.0%) $220,384 (5.8%) 0.00 50
    2022-12-01 $197,900 (25.2%) $218,332 (8.6%) 0.00 52
    2023-01-01 $192,950 (20.7%) $214,033 (1.6%) 0.00 51
    2023-02-01 $194,750 (23.5%) $246,254 (35.1%) 0.00 54
    2023-03-01 $192,450 (17.2%) $234,383 (2.6%) 0.00 49
    2023-04-01 $209,500 (38.7%) $246,284 (6.9%) 0.00 42
    2023-05-01 $194,900 (20.9%) $255,349 (9.8%) 0.00 36
    2023-06-01 $214,750 (40.9%) $273,408 (29.7%) 0.00 39
    2023-07-01 $195,000 (18.3%) $246,807 (13.7%) 0.00 43
    2023-08-01 $167,950 (6.9%) $209,231 (-14.5%) 0.00 48
    2023-09-01 $195,000 (16.1%) $244,649 (5.7%) 0.00 58
    2023-10-01 $214,475 (27.7%) $271,093 (17.0%) 0.00 60
    2023-11-01 $209,225 (18.8%) $256,329 (16.3%) 0.00 60
    2023-12-01 $212,000 (7.1%) $264,608 (21.2%) 0.00 63
    2024-01-01 $199,950 (3.6%) $257,727 (20.4%) 0.00 56
    2024-02-01 $219,250 (12.6%) $269,448 (9.4%) 0.00 58
    2024-03-01 $227,450 (18.2%) $272,281 (16.2%) 0.00 65
    2024-04-01 $232,750 (11.1%) $269,429 (9.4%) 0.00 61
    2024-05-01 $233,750 (19.9%) $261,713 (2.5%) 0.00 56
    2024-06-01 $230,000 (7.1%) $279,569 (2.3%) 0.00 65
    2024-07-01 $226,000 (15.9%) $264,118 (7.0%) 0.00 74
    2024-08-01 $230,000 (37.0%) $256,126 (22.4%) 0.00 67
    2024-09-01 $220,000 (12.8%) $247,213 (1.1%) 0.00 68
    2024-10-01 $214,750 (0.1%) $247,240 (-8.8%) 0.00 71
    2024-11-01 $215,000 (2.8%) $262,570 (2.4%) 0.00 78
    Rockingham's median listing price for 2024-11-01 was $215,000, a difference of $5,775 (2.8%) versus the prior year and $250 versus the prior month.

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

    Rockingham's average listing price for 2024-11-01 was $262,570, a difference of $6,241 (2.4%) versus the prior year and $15,330 versus the prior month.

    For the 2024-11-01 period, Rockingham had 78 MLS listings, a difference of 7 listings (10%) versus the prior month and 18 listings (30%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Rockingham (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,677 sqft
    2018-02-01 0 days 1,574 sqft
    2018-03-01 0 days 1,515 sqft
    2018-04-01 0 days 1,735 sqft
    2018-05-01 0 days 1,721 sqft
    2018-06-01 0 days 1,520 sqft
    2018-07-01 0 days 1,534 sqft
    2018-08-01 0 days 1,629 sqft
    2018-09-01 0 days 1,667 sqft
    2018-10-01 0 days 1,628 sqft
    2018-11-01 0 days 1,628 sqft
    2018-12-01 0 days 1,603 sqft
    2019-01-01 0 days 1,603 sqft
    2019-02-01 0 days 1,651 sqft
    2019-03-01 0 days 1,642 sqft
    2019-04-01 0 days 1,605 sqft
    2019-05-01 0 days 1,588 sqft
    2019-06-01 0 days 1,525 sqft
    2019-07-01 0 days 1,576 sqft
    2019-08-01 0 days 1,572 sqft
    2019-09-01 0 days 1,592 sqft
    2019-10-01 0 days 1,610 sqft
    2019-11-01 0 days 1,576 sqft
    2019-12-01 0 days 1,588 sqft
    2020-01-01 0 days 1,560 sqft
    2020-02-01 0 days 1,644 sqft
    2020-03-01 0 days 1,598 sqft
    2020-04-01 0 days 1,571 sqft
    2020-05-01 0 days 1,644 sqft
    2020-06-01 0 days 1,627 sqft
    2020-07-01 0 days 1,649 sqft
    2020-08-01 0 days 1,512 sqft
    2020-09-01 0 days 1,536 sqft
    2020-10-01 0 days 1,641 sqft
    2020-11-01 0 days 1,616 sqft
    2020-12-01 0 days 1,556 sqft
    2021-01-01 0 days 1,520 sqft
    2021-02-01 0 days 1,535 sqft
    2021-03-01 0 days 1,683 sqft
    2021-04-01 0 days 1,500 sqft
    2021-05-01 0 days 1,566 sqft
    2021-06-01 0 days 1,557 sqft
    2021-07-01 0 days 1,581 sqft
    2021-08-01 0 days 1,582 sqft
    2021-09-01 0 days 1,606 sqft
    2021-10-01 0 days 1,604 sqft
    2021-11-01 0 days 1,601 sqft
    2021-12-01 0 days 1,408 sqft
    2022-01-01 0 days 1,456 sqft
    2022-02-01 0 days 1,586 sqft
    2022-03-01 0 days 1,498 sqft
    2022-04-01 0 days 1,470 sqft
    2022-05-01 0 days 1,583 sqft
    2022-06-01 0 days 1,418 sqft
    2022-07-01 0 days 1,461 sqft
    2022-08-01 0 days 1,496 sqft
    2022-09-01 0 days 1,522 sqft
    2022-10-01 0 days 1,425 sqft
    2022-11-01 0 days 1,467 sqft
    2022-12-01 0 days 1,607 sqft
    2023-01-01 0 days 1,570 sqft
    2023-02-01 0 days 1,602 sqft
    2023-03-01 0 days 1,573 sqft
    2023-04-01 0 days 1,635 sqft
    2023-05-01 0 days 1,650 sqft
    2023-06-01 0 days 1,587 sqft
    2023-07-01 0 days 1,548 sqft
    2023-08-01 0 days 1,454 sqft
    2023-09-01 0 days 1,564 sqft
    2023-10-01 0 days 1,570 sqft
    2023-11-01 0 days 1,682 sqft
    2023-12-01 0 days 1,708 sqft
    2024-01-01 0 days 1,639 sqft
    2024-02-01 0 days 1,690 sqft
    2024-03-01 0 days 1,678 sqft
    2024-04-01 0 days 1,686 sqft
    2024-05-01 0 days 1,682 sqft
    2024-06-01 0 days 1,728 sqft
    2024-07-01 0 days 1,687 sqft
    2024-08-01 0 days 1,711 sqft
    2024-09-01 0 days 1,614 sqft
    2024-10-01 0 days 1,537 sqft
    2024-11-01 0 days 1,526 sqft
    Rockingham's median listing age (time on market) for 2024-11-01 was 0 days.

    Rockingham's median square footage for active listings during the 2024-11-01 period was 1,526 sqft. One year prior, the average listing was 1,682 sqft.

    Rockingham, NC Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 326 $74,700,000 $229,141
    Home Improvement 68 $4,440,000 $65,294
    Refi 64 $6,710,000 $104,844
    Other 53 $3,545,000 $66,887
    Cash Out Refi 45 $7,665,000 $170,333

    Rockingham's most frequently cited loan purpose was Home Purchase, with 326 originations. The 2nd most popular reason was Home Improvement, with 68 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 153 $36,835,000 $240,752
    7-8% 136 $18,310,000 $134,632
    Over 8% 104 $12,080,000 $116,154
    5-6% 96 $16,900,000 $176,042
    4-5% 58 $4,070,000 $70,172
    <2.5% 3 $275,000 $91,667
    3-4% 1 $85,000 $85,000

    During 2023, Rockingham's most frequently originated rate bucket was 6-7%, with 153 originations.

    Loan Sizing (Rockingham, NC MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 236 $34,510,000 $146,229
    $100,000 or less 201 $11,025,000 $54,851
    $200k-400k 98 $25,410,000 $259,286
    $400k-600k 18 $8,250,000 $458,333
    $Over $1MM 2 $16,910,000 $8,455,000
    $600k-1000k 1 $955,000 $955,000

    Rockingham's loan sizing saw the bucket of loans from $100k-200k with 236 originations, totaling $34,510,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 270 $50,930,000 $188,630
    60-80% 80 $30,280,000 $378,500
    20-40% 68 $5,190,000 $76,324
    Under 20% 65 $2,215,000 $34,077
    40-60% 51 $4,765,000 $93,431
    Over 100% 18 $3,400,000 $188,889

    Rockingham's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 270 originations, totaling $50,930,000 in origination value.