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 6.48% 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%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
STATE EMPLOYEES' 102 4.05% $3,404
QUICKEN LOANS, LLC 27 5.12% $6,290
LOCAL GOVERNMENT FEDERAL CREDIT UNION 22 4.02% $3,282
UNITED WHOLESALE MORTGAGE, LLC 10 4.77% $6,241
NFM, INC. 8 4.75% $4,269
Truist 7 4.35% $3,792
First Bank 6 4.04% $3,230
Wells Fargo Bank 5 5.55% $3,516
The Fidelity Bank 5 4.53% $4,448
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 4.84% $4,343
21ST MORTGAGE CORPORATION 4 6.70% $7,083
MOVEMENT MORTGAGE, LLC 4 5.02% $5,025
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 6.12% $4,761
FOUNDERS FEDERAL CREDIT UNION 3 3.42% $3,253
ROYAL UNITED MORTGAGE LLC 3 5.79% $6,225
THE MORTGAGE FIRM, INC. 2 5.25% $4,582
Alcova Mortgage LLC 2 4.38% $4,356
American Security Mortgage Corp. 2 4.69% $9,491
CARDINAL FINANCIAL 2 5.75% $4,988
First-Citizens Bank & Trust Company 2 4.46% $3,276
First Horizon Bank 2 5.81% $5,505
INTERCOASTAL MORTGAGE COMPANY 2 4.50% $7,420
JPMorgan Chase Bank 2 5.31% $5,048
Mortgage Research Center, LLC 2 6.31% $4,715
Mr. Cooper ( Nationstar Mortgage ) 2 5.31% $6,382
FREEDOM MORTGAGE CORPORATION 1 4.63% $4,951
GoPrime Mortgage, Inc. 1 6.25% $2,593
GUARANTEED RATE, INC. 1 4.18% $4,709
HOME POINT FINANCIAL CORPORATION 1 5.88% $4,742
HOMESIDE FINANCIAL, LLC 1 6.63% $4,505
USAA Federal Savings Bank 1 5.50% $5,421
Uwharrie Bank 1 4.50% $3,055
LATINO COMMUNITY CREDIT UNION 1 6.00% $5,033
LOANDEPOT.COM, LLC 1 4.88% $1,295
C & F Mortgage Corporation 1 4.00% $3,559
MORTGAGE INVESTORS GROUP, INC. 1 7.13% $4,462
Mortgage Network, Inc. 1 3.25% $7,170
VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.99% $5,110
CALIBER HOME LOANS, INC. 1 5.63% $4,230
AgFirst Farm Credit Bank 1 3.63% $4,543
MUTUAL OF OMAHA MORTGAGE, INC. 1 5.50% $6,791
NEWREZ LLC 1 5.63% $4,230
Blue Ridge Bank 1 5.88% $3,298
Northpointe Bank 1 5.88% $5,436
PLANET HOME LENDING, LLC 1 3.75% $7,793
PNC Bank 1 3.00% $3,651
PREMIA MORTGAGE, LLC 1 4.50% $563
Prosperity Home Mortgage, LLC 1 6.13% $5,395
PROVIDENT FUNDING ASSOCIATES, L.P. 1 5.38% $3,835
BAY EQUITY LLC 1 7.50% $6,536
RESIDENTIAL BANCORP 1 4.99% $5,578
Bank of England 1 5.50% $3,926
RUOFF MORTGAGE COMPANY, INC. 1 4.50% $12,414
Bank of America 1 3.13% $4,497
AMERISAVE MORTGAGE CORPORATION 1 5.99% $9,071
AmeriHome Mortgage Company, LLC 1 4.88% $6,416
AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.63% $10,891
Discover Bank 1 7.99% $0
CROSSCOUNTRY MORTGAGE, LLC 1 5.88% $3,671
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.13% $3,735
Truliant Federal Credit Union 1 5.75% $2,865
AMERICAN FINANCIAL RESOURCES, INC. 1 3.25% $3,128
Citizens Bank 1 3.13% $2,642

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. Louis
Date 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 for 2023-10-01 was $214,475, a difference of $46,475 (27.7%) versus the prior year and $19,475 versus the prior month.

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. 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 1,641 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 listing age (time on market) for 2023-10-01 was 0 days.

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.