Rockingham Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Rockingham averaged
6.48%
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
6.63% and
one month ago for the week of 2023-10-19, the
average rate was 6.72%.
Rockingham's average rate one year ago was 6.1%.
For refis of the same type during the week of 2023-11-22, the average rate
was 7.39%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-11-22 | 7.29% |
Rockingham 30 Year Fixed Rate | 2023-11-22 | 6.48% |
Rockingham 30 Year Fixed Rate Refi | 2023-11-22 | 7.39% |
Rockingham 15 Year Fixed Rate | 2023-11-22 | 6.57% |
Rockingham 15 Year Fixed Rate Refi | 2023-11-22 | 7.07% |
Rockingham 30 Year FHA | 2023-11-22 | -0.42% |
Rockingham 30 Year FHA Refi | 2023-11-22 | 0.1% |
Rockingham 30 Year USDA | 2023-11-22 | 0.2% |
Rockingham 30 Year USDA Refi | 2023-11-22 | 0.1% |
Rockingham 30 Year VA | 2023-11-22 | -0.1% |
Rockingham 30 Year VA Refi | 2023-11-22 | -0.1% |
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.).
Rockingham Average Closing Costs & Other Stats
Rockingham, NC's 63 lenders originated 747
loans during 2022. The total origination value was $107,075,000, with an average loan value of
$143,340.
Rockingham's average closing costs are $4,304.
The top Rockingham lender as defined by loan originations is STATE EMPLOYEES', with
102 loans originated. Their average total fees are
$3,404, which is $2,886
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Rockingham lenders (with over 10 loans originated) are
LOCAL GOVERNMENT FEDERAL CREDIT UNION ($3,282), STATE EMPLOYEES' ($3,404), UNITED WHOLESALE MORTGAGE, LLC ($6,241), QUICKEN LOANS, LLC ($6,290) and .
The lowest rate Rockingham lenders (with over 10 loans originated) are
LOCAL GOVERNMENT FEDERAL CREDIT UNION (4.02%), STATE EMPLOYEES' (4.05%), UNITED WHOLESALE MORTGAGE, LLC (4.77%), QUICKEN LOANS, LLC (5.12%) and .
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
STATE EMPLOYEES' | $22,910,000 | $24,170,000 | 5.5% | 22.6% |
QUICKEN LOANS, LLC | $17,680,000 | $11,065,000 | -37.4% | 10.3% |
LOCAL GOVERNMENT FEDERAL CREDIT UNION | $3,140,000 | $4,470,000 | 42.4% | 4.2% |
UNITED WHOLESALE MORTGAGE, LLC | $1,935,000 | $4,365,000 | 125.6% | 4.1% |
First Bank | $5,145,000 | $3,655,000 | -29.0% | 3.4% |
Mortgage Research Center, LLC | $5,850,000 | $3,390,000 | -42.1% | 3.2% |
21ST MORTGAGE CORPORATION | $2,540,000 | $3,240,000 | 27.6% | 3.0% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,860,000 | $2,820,000 | -1.4% | 2.6% |
Prudential Huntoon Paige Associates, LLC | $2,625,000 | n/a | 2.5% | |
The Fidelity Bank | $3,625,000 | $2,540,000 | -29.9% | 2.4% |
Truist | $4,735,000 | $2,440,000 | -48.5% | 2.3% |
INTERCOASTAL MORTGAGE COMPANY | $965,000 | $2,170,000 | 124.9% | 2.0% |
NFM, INC. | $1,455,000 | $2,115,000 | 45.4% | 2.0% |
PNC Bank | $1,865,000 | $1,780,000 | -4.6% | 1.7% |
MOVEMENT MORTGAGE, LLC | $5,175,000 | $1,310,000 | -74.7% | 1.2% |
NEW DAY FINANCIAL, LLC | $980,000 | $1,160,000 | 18.4% | 1.1% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $2,230,000 | $1,065,000 | -52.2% | 1.0% |
Wells Fargo Bank | $2,280,000 | $1,020,000 | -55.3% | 1.0% |
LOANDEPOT.COM, LLC | $2,395,000 | $1,010,000 | -57.8% | 0.9% |
NAVY FEDERAL CREDIT UNION | $325,000 | $980,000 | 201.5% | 0.9% |
American Security Mortgage Corp. | $960,000 | n/a | 0.9% | |
ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $280,000 | $945,000 | 237.5% | 0.9% |
Mr. Cooper ( Nationstar Mortgage ) | $1,120,000 | $945,000 | -15.6% | 0.9% |
AMERICAN FINANCING CORPORATION | $820,000 | n/a | 0.8% | |
First Horizon Bank | $225,000 | $780,000 | 246.7% | 0.7% |
USAA Federal Savings Bank | $470,000 | $760,000 | 61.7% | 0.7% |
SOUTHWEST STAGE FUNDING, LLC | $330,000 | $755,000 | 128.8% | 0.7% |
CROSSCOUNTRY MORTGAGE, LLC | $105,000 | $700,000 | 566.7% | 0.7% |
JPMorgan Chase Bank | $490,000 | $645,000 | 31.6% | 0.6% |
AMERISAVE MORTGAGE CORPORATION | $970,000 | $625,000 | -35.6% | 0.6% |
Alcova Mortgage LLC | $490,000 | $615,000 | 25.5% | 0.6% |
Prosperity Home Mortgage, LLC | $1,800,000 | $615,000 | -65.8% | 0.6% |
First-Citizens Bank & Trust Company | $570,000 | $585,000 | 2.6% | 0.5% |
GoPrime Mortgage, Inc. | $245,000 | $585,000 | 138.8% | 0.5% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $555,000 | n/a | 0.5% | |
Carolina Farm Credit, ACA | $290,000 | $530,000 | 82.8% | 0.5% |
HOME POINT FINANCIAL CORPORATION | $115,000 | $475,000 | 313.0% | 0.4% |
Wolfe Financial, Inc | $1,135,000 | $475,000 | -58.1% | 0.4% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $750,000 | $470,000 | -37.3% | 0.4% |
Flagstar Bank, FSB | $210,000 | $470,000 | 123.8% | 0.4% |
Pinnacle Bank | $80,000 | $450,000 | 462.5% | 0.4% |
NEWREZ LLC | $365,000 | $425,000 | 16.4% | 0.4% |
RUOFF MORTGAGE COMPANY, INC. | $125,000 | $420,000 | 236.0% | 0.4% |
TRIAD FINANCIAL SERVICES, INC. | $375,000 | $420,000 | 12.0% | 0.4% |
FOUNDERS FEDERAL CREDIT UNION | $350,000 | $410,000 | 17.1% | 0.4% |
FIRST HOME MORTGAGE CORPORATION | $405,000 | n/a | 0.4% | |
FREEDOM MORTGAGE CORPORATION | $2,820,000 | $385,000 | -86.3% | 0.4% |
CONTOUR MORTGAGE CORPORATION | $375,000 | n/a | 0.4% | |
Bank of England | $95,000 | $370,000 | 289.5% | 0.3% |
THRIVE MORTGAGE, LLC | $1,545,000 | $370,000 | -76.1% | 0.3% |
PREMIER MORTGAGE RESOURCES, L.L.C. | $355,000 | n/a | 0.3% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $320,000 | $340,000 | 6.3% | 0.3% |
MORTGAGE FINANCIAL GROUP, INC. | $335,000 | n/a | 0.3% | |
Northpointe Bank | $330,000 | n/a | 0.3% | |
THE MORTGAGE FIRM, INC. | $460,000 | $330,000 | -28.3% | 0.3% |
ROYAL UNITED MORTGAGE LLC | $340,000 | $315,000 | -7.4% | 0.3% |
BROKER SOLUTIONS, INC. | $320,000 | $310,000 | -3.1% | 0.3% |
PLANET HOME LENDING, LLC | $305,000 | n/a | 0.3% | |
Mortgage Network, Inc. | $295,000 | n/a | 0.3% | |
TOP FLITE FINANCIAL, INC. | $145,000 | $275,000 | 89.7% | 0.3% |
CALIBER HOME LOANS, INC. | $860,000 | $270,000 | -68.6% | 0.3% |
EMBRACE HOME LOANS, INC. | $265,000 | n/a | 0.2% | |
LATINO COMMUNITY CREDIT UNION | $75,000 | $265,000 | 253.3% | 0.2% |
HOMESIDE FINANCIAL, LLC | $250,000 | n/a | 0.2% | |
PENNYMAC LOAN SERVICES, LLC | $1,435,000 | $240,000 | -83.3% | 0.2% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $115,000 | $240,000 | 108.7% | 0.2% |
NATIONS DIRECT MORTGAGE, LLC | $235,000 | n/a | 0.2% | |
Barrington Bank & Trust Company, N.A. | $330,000 | $225,000 | -31.8% | 0.2% |
First Guaranty Mortgage Corporation | $105,000 | $225,000 | 114.3% | 0.2% |
PREMIA MORTGAGE, LLC | $225,000 | n/a | 0.2% | |
PROVIDENT FUNDING ASSOCIATES, L.P. | $225,000 | n/a | 0.2% | |
Towne Bank | $185,000 | $225,000 | 21.6% | 0.2% |
Bank of America | $690,000 | $220,000 | -68.1% | 0.2% |
Blue Ridge Bank | $600,000 | $210,000 | -65.0% | 0.2% |
COASTAL Federal Credit Union | $280,000 | $210,000 | -25.0% | 0.2% |
Uwharrie Bank | $905,000 | $210,000 | -76.8% | 0.2% |
ACOPIA, LLC | $205,000 | n/a | 0.2% | |
United Community Bank | $205,000 | n/a | 0.2% | |
SUCCESS MORTGAGE PARTNERS, INC. | $175,000 | $195,000 | 11.4% | 0.2% |
SeaTrust Mortgage Company | $185,000 | n/a | 0.2% | |
The Federal Savings Bank | $195,000 | $185,000 | -5.1% | 0.2% |
BAY EQUITY LLC | $205,000 | $175,000 | -14.6% | 0.2% |
Platinum Home Mortgage Corporation | $175,000 | n/a | 0.2% | |
CORNERSTONE HOME LENDING, INC. | $975,000 | $170,000 | -82.6% | 0.2% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $165,000 | n/a | 0.2% | |
Carrington Mortgage Services, LLC | $240,000 | $160,000 | -33.3% | 0.1% |
LAKEVIEW LOAN SERVICING, LLC | $535,000 | $160,000 | -70.1% | 0.1% |
American National Bank and Trust Company | $110,000 | $145,000 | 31.8% | 0.1% |
Citizens Bank | $145,000 | n/a | 0.1% | |
Paramount Residential Mortgage Group, Inc. | $145,000 | n/a | 0.1% | |
SPRING EQ, LLC | $145,000 | n/a | 0.1% | |
C & F Mortgage Corporation | $135,000 | n/a | 0.1% | |
PLAZA HOME MORTGAGE, INC. | $135,000 | n/a | 0.1% | |
CERTAINTY HOME LOANS, LLC | $145,000 | $130,000 | -10.3% | 0.1% |
AgFirst Farm Credit Bank | $125,000 | n/a | 0.1% | |
CHURCHILL MORTGAGE CORPORATION | $45,000 | $125,000 | 177.8% | 0.1% |
DOMINION FINANCIAL SERVICES, LLC | $125,000 | n/a | 0.1% | |
PREMIER LENDING, INC. | $125,000 | n/a | 0.1% | |
Truliant Federal Credit Union | $125,000 | n/a | 0.1% | |
AmeriHome Mortgage Company, LLC | $145,000 | $115,000 | -20.7% | 0.1% |
CREDIT UNION MORTGAGE ASSOCIATION, INC. | $115,000 | n/a | 0.1% | |
TJC Mortgage, Inc. | $95,000 | $115,000 | 21.1% | 0.1% |
Equity Prime Mortgage LLC | $105,000 | n/a | 0.1% | |
Figure Lending LLC | $255,000 | $105,000 | -58.8% | 0.1% |
South State Bank | $105,000 | n/a | 0.1% | |
CORNING | $135,000 | $95,000 | -29.6% | 0.1% |
LENDINGONE, LLC | $95,000 | n/a | 0.1% | |
LIBERTY HOME MORTGAGE CORPORATION | $480,000 | $95,000 | -80.2% | 0.1% |
LIMA ONE CAPITAL, LLC | $240,000 | $95,000 | -60.4% | 0.1% |
MORTGAGE INVESTORS GROUP, INC. | $95,000 | n/a | 0.1% | |
GUARANTEED RATE, INC. | $85,000 | n/a | 0.1% | |
Hometown Lenders, Inc. | $265,000 | $85,000 | -67.9% | 0.1% |
RESIDENTIAL BANCORP. | $85,000 | n/a | 0.1% | |
Discover Bank | $65,000 | n/a | 0.1% | |
AMERICAN FINANCIAL RESOURCES, INC. | $175,000 | $55,000 | -68.6% | 0.1% |
Deere Employees Credit Union | $55,000 | n/a | 0.1% | |
AMERICAN ADVISORS GROUP | $100,000 | $35,000 | -65.0% | 0.0% |
Bank OZK | $35,000 | n/a | 0.0% | |
Home Loan Investment Bank, F.S.B. | $25,000 | n/a | 0.0% | |
Lumbee Guaranty Bank | $70,000 | $25,000 | -64.3% | 0.0% |
Rockingham's top lender by overall market share is STATE EMPLOYEES', with 22.6% market share. In second place, with 10.3%, is QUICKEN LOANS, LLC, having originated $11,065,000 in loans. In third place, with 4.2%, is LOCAL GOVERNMENT FEDERAL CREDIT UNION, having originated $4,470,000 in loans. In fourth place, with 4.1%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $4,365,000 in loans. In fifth place, with 3.4%, is First Bank, having originated $3,655,000 in loans.
Rockingham Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Rockingham (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $119,875 (4.7%) | $140,858 (-1.9%) | 0.00 | 128 |
2018-02-01 | $120,875 (1.2%) | $144,192 (-2.1%) | 0.00 | 119 |
2018-03-01 | $123,000 (7.5%) | $150,444 (9.5%) | 0.00 | 104 |
2018-04-01 | $127,875 (10.3%) | $151,987 (13.7%) | 0.00 | 105 |
2018-05-01 | $136,500 (24.1%) | $164,025 (21.6%) | 0.00 | 104 |
2018-06-01 | $121,500 (10.6%) | $152,509 (14.3%) | 0.00 | 103 |
2018-07-01 | $121,250 (12.4%) | $153,246 (19.0%) | 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 |
Rockingham's median listing price comes in at 0% of the national average.
Rockingham's average listing price for 2023-10-01 was $271,093, a difference of $39,432 (17.0%) versus the prior year and $26,444 versus the prior month.
For the 2023-10-01 period, Rockingham had 60 MLS listings, a difference of 2 listings (3%) versus the prior month and 12 listings (25%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Rockingham (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | 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 | 1,641 sqft |
2019-04-01 | 0 days | 1,602 sqft |
2019-05-01 | 0 days | 1,582 sqft |
2019-06-01 | 0 days | 1,540 sqft |
2019-07-01 | 0 days | 1,588 sqft |
2019-08-01 | 0 days | 1,569 sqft |
2019-09-01 | 0 days | 1,582 sqft |
2019-10-01 | 0 days | 1,601 sqft |
2019-11-01 | 0 days | 1,575 sqft |
2019-12-01 | 0 days | 1,588 sqft |
2020-01-01 | 0 days | 1,560 sqft |
2020-02-01 | 0 days | 1,648 sqft |
2020-03-01 | 0 days | 1,598 sqft |
2020-04-01 | 0 days | 1,571 sqft |
2020-05-01 | 0 days | 1,621 sqft |
2020-06-01 | 0 days | 1,623 sqft |
2020-07-01 | 0 days | 1,593 sqft |
2020-08-01 | 0 days | 1,512 sqft |
2020-09-01 | 0 days | 1,536 sqft |
2020-10-01 | 0 days | 1,623 sqft |
2020-11-01 | 0 days | 1,604 sqft |
2020-12-01 | 0 days | 1,535 sqft |
2021-01-01 | 0 days | 1,512 sqft |
2021-02-01 | 0 days | 1,523 sqft |
2021-03-01 | 0 days | 1,593 sqft |
2021-04-01 | 0 days | 1,445 sqft |
2021-05-01 | 0 days | 1,532 sqft |
2021-06-01 | 0 days | 1,557 sqft |
2021-07-01 | 0 days | 1,581 sqft |
2021-08-01 | 0 days | 1,580 sqft |
2021-09-01 | 0 days | 1,588 sqft |
2021-10-01 | 0 days | 1,578 sqft |
2021-11-01 | 0 days | 1,570 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 | 1,455 sqft |
2023-09-01 | 0 days | 1,564 sqft |
2023-10-01 | 0 days | 1,581 sqft |
Rockingham's median square footage for active listings during the 2023-10-01 period was 1,581 sqft. One year prior, the average listing was 1,425 sqft.
Rockingham, NC Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 419 | $66,965,000 | $159,821 |
Refi | 144 | $19,360,000 | $134,444 |
Cash Out Refi | 91 | $14,315,000 | $157,308 |
Home Improvement | 51 | $3,275,000 | $64,216 |
Other | 42 | $3,160,000 | $75,238 |
Rockingham's most frequently cited loan purpose was Home Purchase, with 419 originations. The 2nd most popular reason was Refi, with 144 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 231 | $31,805,000 | $137,684 |
5-6% | 155 | $25,625,000 | $165,323 |
4-5% | 144 | $21,080,000 | $146,389 |
6-7% | 78 | $12,410,000 | $159,103 |
2.5-3% | 67 | $7,845,000 | $117,090 |
7-8% | 35 | $4,465,000 | $127,571 |
Over 8% | 23 | $2,265,000 | $98,478 |
<2.5% | 11 | $1,455,000 | $132,273 |
During 2022, Rockingham's most frequently originated rate bucket was 3-4%, with 231 originations.
Loan Sizing (Rockingham, NC MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 352 | $49,080,000 | $139,432 |
$100,000 or less | 255 | $15,895,000 | $62,333 |
$200k-400k | 129 | $34,875,000 | $270,349 |
$400k-600k | 10 | $4,600,000 | $460,000 |
$Over $1MM | 1 | $2,625,000 | $2,625,000 |
Rockingham's loan sizing saw the bucket of loans from $100k-200k with 352 originations, totaling $49,080,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 387 | $63,295,000 | $163,553 |
60-80% | 152 | $25,310,000 | $166,513 |
40-60% | 82 | $8,080,000 | $98,537 |
20-40% | 61 | $4,385,000 | $71,885 |
Under 20% | 38 | $1,400,000 | $36,842 |
Over 100% | 22 | $4,270,000 | $194,091 |
Rockingham's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 387 originations, totaling $63,295,000 in origination value.