Rockingham Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Rockingham averaged 6.71% for the week of 2025-07-03, compared to the national average of 6.67% for the same period.

The average rate for the prior week (2025-06-26) was 6.91% and one month ago for the week of 2025-05-29, the average rate was 6.63%.

Rockingham's average rate one year ago was 6.6%.

For refis of the same type during the week of 2025-07-03, the average rate was 7.27%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-07-03 6.67%
Rockingham 30 Year Fixed Rate 2025-07-03 6.71%
Rockingham 30 Year Fixed Rate Refi 2025-07-03 7.27%
Rockingham 15 Year Fixed Rate 2025-07-03 5.9%
Rockingham 15 Year Fixed Rate Refi 2025-07-03 6.3%
Rockingham 30 Year FHA 2025-07-03 -0.1%
Rockingham 30 Year FHA Refi 2025-07-03 -0.2%
Rockingham 30 Year USDA 2025-07-03 -0.1%
Rockingham 30 Year USDA Refi 2025-07-03 0.2%
Rockingham 30 Year VA 2025-07-03 0.1%
Rockingham 30 Year VA Refi 2025-07-03 0%
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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
STATE EMPLOYEES' 63 6.55% $3,827
QUICKEN LOANS, LLC 17 6.81% $4,648
MOVEMENT MORTGAGE, LLC 7 6.57% $4,587
UNITED WHOLESALE MORTGAGE, LLC 6 6.89% $5,493
First Bank 5 3.03% $1,413
UNION HOME MORTGAGE CORP. 5 7.23% $4,559
AgFirst Farm Credit Bank 4 6.91% $5,024
LOANDEPOT.COM, LLC 4 6.68% $4,521
LOCAL GOVERNMENT FEDERAL CREDIT UNION 3 8.40% $4,090
ROYAL UNITED MORTGAGE LLC 3 7.08% $6,217
Mortgage Research Center, LLC 3 6.71% $3,715
INTERCOASTAL MORTGAGE COMPANY 3 7.16% $2,885
Truist 3 7.13% $3,331
NFM, INC. 3 6.58% $5,439
Wells Fargo Bank 2 7.38% $6,793
GUARANTEED RATE, INC. 2 7.50% $6,294
AgSouth Farm Credit, ACA 2 8.25% $2,953
T2 FINANCIAL LLC 2 6.69% $5,221
TOWNE MORTGAGE COMPANY 2 6.63% $7,524
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 7.38% $7,174
NBKC BANK 2 7.13% $4,026
CROSSCOUNTRY MORTGAGE, LLC 2 7.18% $5,847
PENNYMAC LOAN SERVICES, LLC 1 6.88% $9,251
Piedmont Federal Savings Bank 1 7.25% $2,635
PREMIER LENDING, INC. 1 6.88% $6,301
Regions Bank 1 7.00% $4,682
Renasant Bank 1 6.63% $9,742
REV FEDERAL CREDIT UNION 1 6.00% $4,595
Sierra Pacific Mortgage Company, Inc. 1 7.13% $6,809
SUN WEST MORTGAGE COMPANY, INC. 1 8.44% $5,458
The Fidelity Bank 1 6.25% $5,015
USAA Federal Savings Bank 1 5.88% $4,182
VANDERBILT MORTGAGE AND FINANCE, INC. 1 8.25% $6,673
NEWREZ LLC 1 6.99% $5,110
AgCarolina Farm Credit, FLCA 1 8.15% $9,647
ALLIANT CREDIT UNION 1 5.75% $5,439
American Security Mortgage Corp. 1 6.25% $5,883
AmeriHome Mortgage Company, LLC 1 7.13% $4,887
Ameris Bank 1 6.50% $7,356
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.50% $2,530
Bank of England 1 6.75% $6,629
BROKER SOLUTIONS, INC. 1 6.49% $8,747
CARDINAL FINANCIAL 1 7.25% $5,791
Carrington Mortgage Services, LLC 1 10.75% $15,921
Citizens Bank 1 5.88% $9,145
CORNERSTONE HOME LENDING, INC. 1 6.49% $5,269
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.00% $5,290
First-Citizens Bank & Trust Company 1 7.35% $5,288
First Federal Bank 1 5.50% $6,379
FOUNDERS FEDERAL CREDIT UNION 1 6.25% $4,324
HOMESTEAD FUNDING CORP. 1 6.63% $5,071
HOWARD HANNA FINANCIAL SERVICES, INC. 1 6.50% $4,841
Mr. Cooper ( Nationstar Mortgage ) 1 6.99% $7,275
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.99% $5,438
21ST MORTGAGE CORPORATION 1 9.71% $5,412

Rockingham Average Closing Costs & Other Stats

Rockingham, NC's 55 lenders originated 578 loans during 2024. The total origination value was $95,170,000, with an average loan value of $164,654.

Rockingham's average closing costs are $4,735.

The top Rockingham lender as defined by loan originations is STATE EMPLOYEES', with 63 loans originated. Their average total fees are $3,827, which is $822 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Rockingham lenders (with over 10 loans originated) are STATE EMPLOYEES' ($3,827), QUICKEN LOANS, LLC ($4,648), .

The lowest rate Rockingham lenders (with over 10 loans originated) are STATE EMPLOYEES' (6.55%), QUICKEN LOANS, LLC (6.81%), .

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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
STATE EMPLOYEES' $18,535,000 $18,785,000 1.3% 19.7%
QUICKEN LOANS, LLC $4,065,000 $6,340,000 56.0% 6.7%
Mortgage Research Center, LLC $4,805,000 $5,435,000 13.1% 5.7%
UNION HOME MORTGAGE CORP. $1,185,000 $4,730,000 299.2% 5.0%
UNITED WHOLESALE MORTGAGE, LLC $3,420,000 $3,740,000 9.4% 3.9%
KeyBank $2,995,000 n/a 3.1%
First Bank $4,450,000 $2,475,000 -44.4% 2.6%
FREEDOM MORTGAGE CORPORATION $860,000 $2,250,000 161.6% 2.4%
21ST MORTGAGE CORPORATION $1,385,000 $2,155,000 55.6% 2.3%
MOVEMENT MORTGAGE, LLC $3,300,000 $1,890,000 -42.7% 2.0%
INTERCOASTAL MORTGAGE COMPANY $1,865,000 $1,770,000 -5.1% 1.9%
NAVY FEDERAL CREDIT UNION $890,000 $1,745,000 96.1% 1.8%
CROSSCOUNTRY MORTGAGE, LLC $685,000 $1,675,000 144.5% 1.8%
AgFirst Farm Credit Bank $755,000 $1,650,000 118.5% 1.7%
Truist $1,780,000 $1,620,000 -9.0% 1.7%
The Fidelity Bank $1,885,000 $1,565,000 -17.0% 1.6%
LOANDEPOT.COM, LLC $720,000 $1,515,000 110.4% 1.6%
NFM, INC. $1,300,000 $1,435,000 10.4% 1.5%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $1,955,000 $1,070,000 -45.3% 1.1%
PENNYMAC LOAN SERVICES, LLC $505,000 $1,035,000 105.0% 1.1%
VILLAGE CAPITAL MORTGAGE $1,025,000 n/a 1.1%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $340,000 $915,000 169.1% 1.0%
United Bank $295,000 $875,000 196.6% 0.9%
VANDERBILT MORTGAGE AND FINANCE, INC. $3,245,000 $865,000 -73.3% 0.9%
CORNERSTONE HOME LENDING, INC. $805,000 n/a 0.8%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $760,000 n/a 0.8%
GUARANTEED RATE, INC. $760,000 n/a 0.8%
SOUTHWEST STAGE FUNDING, LLC $195,000 $730,000 274.4% 0.8%
SUMMIT FUNDING, INC. $715,000 n/a 0.8%
Prosperity Home Mortgage, LLC $155,000 $700,000 351.6% 0.7%
BROKER SOLUTIONS, INC. $150,000 $695,000 363.3% 0.7%
Schaumburg Bank & Trust $695,000 n/a 0.7%
AMERICAN FINANCIAL RESOURCES, INC. $680,000 n/a 0.7%
CARDINAL FINANCIAL $890,000 $655,000 -26.4% 0.7%
American Security Mortgage Corp. $645,000 n/a 0.7%
First-Citizens Bank & Trust Company $175,000 $635,000 262.9% 0.7%
PNC Bank $1,035,000 $620,000 -40.1% 0.7%
AgSouth Farm Credit, ACA $135,000 $560,000 314.8% 0.6%
AgCarolina Farm Credit, FLCA $545,000 n/a 0.6%
Wells Fargo Bank $230,000 $545,000 137.0% 0.6%
ROYAL UNITED MORTGAGE LLC $85,000 $520,000 511.8% 0.5%
GoPrime Mortgage, Inc. $510,000 n/a 0.5%
Keystone Funding, Inc. $495,000 n/a 0.5%
REV FEDERAL CREDIT UNION $75,000 $480,000 540.0% 0.5%
1ST SIGNATURE LENDING, LLC $185,000 $470,000 154.1% 0.5%
Regions Bank $470,000 n/a 0.5%
USAA Federal Savings Bank $1,305,000 $435,000 -66.7% 0.5%
NBKC BANK $420,000 n/a 0.4%
T2 FINANCIAL LLC $410,000 n/a 0.4%
TOWNE MORTGAGE COMPANY $255,000 $380,000 49.0% 0.4%
ENVOY MORTGAGE, LTD $355,000 n/a 0.4%
Flagstar Bank, FSB $265,000 $330,000 24.5% 0.3%
NEWREZ LLC $190,000 $330,000 73.7% 0.3%
U.S. Bank $320,000 n/a 0.3%
Mr. Cooper ( Nationstar Mortgage ) $315,000 n/a 0.3%
Carrington Mortgage Services, LLC $290,000 $305,000 5.2% 0.3%
First National Bank of Pennsylvania $385,000 $285,000 -26.0% 0.3%
Renasant Bank $205,000 $285,000 39.0% 0.3%
Sierra Pacific Mortgage Company, Inc. $285,000 n/a 0.3%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $275,000 n/a 0.3%
FOUNDERS FEDERAL CREDIT UNION $270,000 n/a 0.3%
Alcova Mortgage LLC $265,000 n/a 0.3%
Citizens Bank $115,000 $260,000 126.1% 0.3%
AMERICAN FINANCIAL NETWORK, INC. $135,000 $250,000 85.2% 0.3%
PREMIER LENDING, INC. $250,000 n/a 0.3%
Truliant Federal Credit Union $160,000 $250,000 56.3% 0.3%
Ameris Bank $430,000 $245,000 -43.0% 0.3%
Bank of England $230,000 $245,000 6.5% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $225,000 n/a 0.2%
EMM LOANS LLC $215,000 n/a 0.2%
LAKEVIEW LOAN SERVICING, LLC $215,000 n/a 0.2%
Equity Prime Mortgage LLC $205,000 n/a 0.2%
Encompass Lending Group, LP $195,000 n/a 0.2%
HOMESIDE FINANCIAL, LLC $190,000 n/a 0.2%
SUN WEST MORTGAGE COMPANY, INC. $185,000 n/a 0.2%
SOUTHEAST MORTGAGE OF GEORGIA, INC. $175,000 n/a 0.2%
CSL Financial, LLC $185,000 $165,000 -10.8% 0.2%
First Federal Bank $155,000 n/a 0.2%
NEW DAY FINANCIAL, LLC $870,000 $155,000 -82.2% 0.2%
United Community Bank $155,000 n/a 0.2%
MILEND, INC. $145,000 n/a 0.2%
Third Federal Savings and Loan Association of Cleveland $145,000 n/a 0.2%
CMG MORTGAGE, INC. $1,105,000 $140,000 -87.3% 0.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $880,000 $140,000 -84.1% 0.1%
LADERA LENDING, INC. $135,000 n/a 0.1%
The Loan Store, Inc. $135,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $205,000 $135,000 -34.1% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $125,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $125,000 n/a 0.1%
HOMESTEAD FUNDING CORP. $125,000 n/a 0.1%
Bank of America $190,000 $120,000 -36.8% 0.1%
HOMEXPRESS MORTGAGE CORP. $115,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $425,000 $115,000 -72.9% 0.1%
FIDELITY DIRECT MORTGAGE, LLC $105,000 n/a 0.1%
HOWARD HANNA FINANCIAL SERVICES, INC. $115,000 $105,000 -8.7% 0.1%
LENDINGHOME FUNDING CORPORATION $205,000 $105,000 -48.8% 0.1%
Pinnacle Bank $105,000 n/a 0.1%
Coastal Community Bank $90,000 n/a 0.1%
ALLIANT CREDIT UNION $85,000 n/a 0.1%
Piedmont Federal Savings Bank $85,000 n/a 0.1%
AMERISAVE MORTGAGE CORPORATION $75,000 n/a 0.1%
CIS Financial Services, Inc. $115,000 $75,000 -34.8% 0.1%
Barrington Bank & Trust Company, N.A. $145,000 $65,000 -55.2% 0.1%
Figure Lending LLC $180,000 $45,000 -75.0% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $35,000 n/a 0.0%

Rockingham's top lender by overall market share is STATE EMPLOYEES', with 19.7% market share. In second place, with 6.7%, is QUICKEN LOANS, LLC, having originated $6,340,000 in loans. In third place, with 5.7%, is Mortgage Research Center, LLC, having originated $5,435,000 in loans. In fourth place, with 5.0%, is UNION HOME MORTGAGE CORP., having originated $4,730,000 in loans. In fifth place, with 3.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $3,740,000 in loans.

Rockingham, NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 303 $59,615,000 $196,749
Refi 85 $15,335,000 $180,412
Cash Out Refi 77 $12,215,000 $158,636
Other 61 $4,525,000 $74,180
Home Improvement 52 $3,480,000 $66,923

Rockingham's most frequently cited loan purpose was Home Purchase, with 303 originations. The 2nd most popular reason was Refi, with 85 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 218 $44,870,000 $205,826
7-8% 154 $21,000,000 $136,364
Over 8% 105 $10,415,000 $99,190
5-6% 83 $16,625,000 $200,301
<2.5% 8 $330,000 $41,250
4-5% 4 $970,000 $242,500
2.5-3% 2 $220,000 $110,000

During 2024, Rockingham's most frequently originated rate bucket was 6-7%, with 218 originations.

Loan Sizing (Rockingham, NC MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 228 $33,600,000 $147,368
$100,000 or less 189 $11,205,000 $59,286
$200k-400k 135 $34,745,000 $257,370
$400k-600k 22 $10,390,000 $472,273
$600k-1000k 3 $2,235,000 $745,000
$Over $1MM 1 $2,995,000 $2,995,000

Rockingham's loan sizing saw the bucket of loans from $100k-200k with 228 originations, totaling $33,600,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 248 $48,680,000 $196,290
60-80% 103 $20,875,000 $202,670
20-40% 69 $5,835,000 $84,565
40-60% 65 $7,045,000 $108,385
Under 20% 56 $2,200,000 $39,286
Over 100% 16 $4,820,000 $301,250

Rockingham's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 248 originations, totaling $48,680,000 in origination value.