ROCKY MOUNT Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Rocky Mount averaged 6.67% for the week of 2024-05-09, compared to the national average of 7.09% for the same period.

The average rate for the prior week (2024-05-02) was 6.9% and one month ago for the week of 2024-04-04, the average rate was 6.4%.

Rocky Mount's average rate one year ago was 5.97%.

For refis of the same type during the week of 2024-05-09, the average rate was 7.29%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-05-09 7.09%
Rocky Mount 30 Year Fixed Rate 2024-05-09 6.67%
Rocky Mount 30 Year Fixed Rate Refi 2024-05-09 7.29%
Rocky Mount 15 Year Fixed Rate 2024-05-09 6.18%
Rocky Mount 15 Year Fixed Rate Refi 2024-05-09 6.88%
Rocky Mount 30 Year FHA 2024-05-09 6.76%
Rocky Mount 30 Year FHA Refi 2024-05-09 6.79%
Rocky Mount 30 Year USDA 2024-05-09 6.59%
Rocky Mount 30 Year USDA Refi 2024-05-09 6.59%
Rocky Mount 30 Year VA 2024-05-09 6.61%
Rocky Mount 30 Year VA Refi 2024-05-09 6.39%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within ROCKY MOUNT, NC.

ROCKY MOUNT 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 ROCKY MOUNT, 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' 192 6.04% $4,009
QUICKEN LOANS, LLC 51 6.91% $6,323
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 49 6.81% $6,291
Southern Bank and Trust Company 38 6.43% $4,302
LOCAL GOVERNMENT FEDERAL CREDIT UNION 32 5.90% $3,833
Truist 28 6.14% $4,679
NFM, INC. 27 6.84% $6,941
MOVEMENT MORTGAGE, LLC 15 6.75% $5,011
INSPIRE HOME LOANS INC. 15 6.77% $4,800
UNITED WHOLESALE MORTGAGE, LLC 14 6.88% $7,913
Wells Fargo Bank 13 7.20% $3,741
First-Citizens Bank & Trust Company 12 6.44% $5,125
LATINO COMMUNITY CREDIT UNION 12 6.81% $4,102
JPMorgan Chase Bank 12 6.70% $3,530
GUARANTEED RATE, INC. 10 6.25% $4,797
PNC Bank 10 6.40% $4,348
NAVY FEDERAL CREDIT UNION 8 6.31% $2,328
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 7.25% $5,021
AgCarolina Farm Credit, FLCA 7 8.31% $8,676
Alcova Mortgage LLC 7 6.73% $2,068
ZILLOW HOME LOANS, LLC 6 6.77% $6,316
Integrity Home Mortgage Corp 6 7.40% $4,987
North State Bank 6 6.56% $5,086
FBC MORTGAGE, LLC 5 6.37% $4,310
HOMESIDE FINANCIAL, LLC 5 6.87% $5,027
DHI MORTGAGE COMPANY, LTD. 5 5.40% $2,384
Mr. Cooper ( Nationstar Mortgage ) 5 6.65% $6,073
COASTAL Federal Credit Union 5 6.73% $4,408
MUTUAL OF OMAHA MORTGAGE, INC. 4 6.50% $5,808
CROSSCOUNTRY MORTGAGE, LLC 4 6.49% $9,931
FIRST BANCORP 4 7.59% $3,986
The Federal Savings Bank 4 6.97% $5,384
VANDERBILT MORTGAGE AND FINANCE, INC. 4 8.50% $7,156
CHURCHILL MORTGAGE CORPORATION 4 7.00% $6,794
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 4 6.69% $6,426
INTERCOASTAL MORTGAGE COMPANY 3 7.62% $4,528
JET HOMELOANS, LLC 3 6.75% $7,962
American Security Mortgage Corp. 3 7.08% $4,328
Bank of America 3 5.71% $3,370
NVR Mortgage Finance, Inc. 3 5.79% $8,974
CORNERSTONE HOME LENDING, INC. 3 6.92% $9,648
GoPrime Mortgage, Inc. 3 6.29% $4,548
HOMESPIRE MORTGAGE CORPORATION 3 7.08% $5,787
PROVIDENT FUNDING ASSOCIATES, L.P. 3 6.13% $4,301
Century Mortgage Company DBA Century Lending Company 3 7.08% $3,370
MORTGAGE ACCESS CORP. 3 7.20% $8,081
Mortgage Research Center, LLC 3 6.71% $4,272
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 6.79% $8,427
EQUITY RESOURCES, INC. 3 7.25% $4,760
Towne Bank 3 7.17% $5,469
First National Bank of Pennsylvania 2 6.75% $3,007
T2 FINANCIAL LLC 2 7.06% $3,140
FREEDOM MORTGAGE CORPORATION 2 7.75% $8,017
CARDINAL FINANCIAL 2 6.56% $5,755
Fifth Third Bank 2 6.37% $4,544
United Bank 2 7.00% $4,430
United Community Bank 2 7.25% $5,726
USAA Federal Savings Bank 2 6.75% $4,876
GUILD MORTGAGE COMPANY 2 7.31% $3,631
EMM LOANS LLC 2 6.18% $4,903
Blue Ridge Bank 2 6.06% $6,908
BETTER MORTGAGE CORPORATION 2 6.25% $5,704
PHH Mortgage Corporation 2 6.50% $4,070
CMG MORTGAGE, INC. 2 7.00% $3,784
PENTAGON FEDERAL CREDIT UNION 2 5.69% $4,300
Meridian Bank Corporation 2 6.88% $5,737
PENNYMAC LOAN SERVICES, LLC 2 6.13% $4,332
NMSI, INC. 1 6.38% $3,824
A&D Mortgage LLC 1 7.50% $6,226
Ally Bank 1 7.38% $2,622
AMERICAN HERITAGE LENDING, INC. 1 10.75% $9,971
AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 7.13% $2,694
AMERISAVE MORTGAGE CORPORATION 1 5.50% $4,001
AmRes Corporation 1 6.88% $3,597
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.38% $2,828
Bank of England 1 7.38% $5,353
Centra Credit Union 1 6.38% $3,547
Citibank 1 7.25% $12,072
Colonial Savings, F.A. 1 6.38% $6,804
COMMUNITYAMERICA 1 6.13% $3,831
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.63% $3,359
DELMAR FINANCIAL COMPANY 1 7.13% $12,136
Discover Bank 1 7.74% $0
Dollar Bank, Federal Savings Bank 1 6.75% $6,333
First Bank 1 5.99% $4,795
First Savings Bank 1 6.75% $3,381
GUIDANCE RESIDENTIAL, LLC 1 7.63% $5,726
LANGLEY 1 6.25% $4,746
LOANDEPOT.COM, LLC 1 5.88% $7,595
LOANLEADERS OF AMERICA, INC. 1 7.63% $8,264
MLD MORTGAGE INC. 1 5.88% $4,502
NATION ONE MORTGAGE CORPORATION 1 6.38% $5,335
NEWREZ LLC 1 8.13% $5,892
NexBank 1 8.50% $6,603
ABSOLUTE HOME MORTGAGE CORPORATION 1 7.50% $6,528
NTFN, INC. 1 6.25% $3,246
Pinnacle Bank 1 6.38% $3,141
Plains Commerce Bank 1 6.25% $9,231
PREMIA MORTGAGE, LLC 1 6.50% $1,793
Prosperity Home Mortgage, LLC 1 7.63% $3,362
Regions Bank 1 5.75% $8,697
RELIANCE FIRST CAPITAL, LLC 1 7.88% $4,316
Renasant Bank 1 6.88% $10,243
ROYAL UNITED MORTGAGE LLC 1 7.13% $4,673
South State Bank 1 5.25% $6,817
Stifel Bank and Trust 1 8.00% $3,318
STOCKTON MORTGAGE CORPORATION 1 6.75% $5,843
TD Bank 1 6.00% $1,692
The Fidelity Bank 1 6.00% $10,103
The Loan Store, Inc. 1 6.38% $5,767
THE MORTGAGE FIRM, INC. 1 8.38% $6,900
Towne Mortgage of the Carolinas, LLC 1 6.63% $5,849
UNION HOME MORTGAGE CORP. 1 6.75% $7,605
U.S. Bank 1 6.99% $3,548
Uwharrie Bank 1 6.88% $3,639
VAN DYK MORTGAGE CORPORATION 1 7.25% $3,996
VELOCIO MORTGAGE L.L.C. 1 8.13% $4,636

ROCKY MOUNT Average Closing Costs & Other Stats

ROCKY MOUNT, NC's 117 lenders originated 2,639 loans during 2023. The total origination value was $485,005,000, with an average loan value of $183,784.

ROCKY MOUNT's average closing costs are $4,985.

The top ROCKY MOUNT lender as defined by loan originations is STATE EMPLOYEES', with 192 loans originated. Their average total fees are $4,009, which is $2,314 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee ROCKY MOUNT lenders (with over 10 loans originated) are JPMorgan Chase Bank ($3,530), Wells Fargo Bank ($3,741), LOCAL GOVERNMENT FEDERAL CREDIT UNION ($3,833), STATE EMPLOYEES' ($4,009) and LATINO COMMUNITY CREDIT UNION ($4,102).

The lowest rate ROCKY MOUNT lenders (with over 10 loans originated) are LOCAL GOVERNMENT FEDERAL CREDIT UNION (5.90%), STATE EMPLOYEES' (6.04%), Truist (6.14%), GUARANTEED RATE, INC. (6.25%) and PNC Bank (6.40%).

ROCKY MOUNT, 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' $94,045,000 $64,890,000 -31.0% 13.4%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $30,755,000 $29,735,000 -3.3% 6.1%
Southern Bank and Trust Company $49,660,000 $26,860,000 -45.9% 5.5%
QUICKEN LOANS, LLC $38,945,000 $26,145,000 -32.9% 5.4%
Mortgage Research Center, LLC $17,465,000 $13,870,000 -20.6% 2.9%
GUARANTEED RATE, INC. $10,090,000 $12,525,000 24.1% 2.6%
INSPIRE HOME LOANS INC. $8,725,000 $12,415,000 42.3% 2.6%
Truist $15,545,000 $11,810,000 -24.0% 2.4%
NFM, INC. $8,630,000 $11,590,000 34.3% 2.4%
UNITED WHOLESALE MORTGAGE, LLC $8,135,000 $11,175,000 37.4% 2.3%
MOVEMENT MORTGAGE, LLC $9,090,000 $9,660,000 6.3% 2.0%
PNC Bank $11,660,000 $9,650,000 -17.2% 2.0%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $19,015,000 $9,455,000 -50.3% 1.9%
West Town Bank & Trust $7,215,000 n/a 1.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $5,285,000 $6,500,000 23.0% 1.3%
FBC MORTGAGE, LLC $345,000 $6,385,000 1,750.7% 1.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $5,555,000 $6,110,000 10.0% 1.3%
First-Citizens Bank & Trust Company $9,230,000 $6,020,000 -34.8% 1.2%
Southern States Bank $5,005,000 n/a 1.0%
NAVY FEDERAL CREDIT UNION $9,530,000 $4,675,000 -50.9% 1.0%
COREVEST AMERICAN FINANCE LENDER LLC $4,640,000 n/a 1.0%
COASTAL Federal Credit Union $6,040,000 $4,440,000 -26.5% 0.9%
JET HOMELOANS, LLC $560,000 $4,325,000 672.3% 0.9%
Wells Fargo Bank $7,255,000 $4,315,000 -40.5% 0.9%
NVR Mortgage Finance, Inc. $4,260,000 n/a 0.9%
AgCarolina Farm Credit, FLCA $4,465,000 $3,955,000 -11.4% 0.8%
LOANDEPOT.COM, LLC $9,815,000 $3,830,000 -61.0% 0.8%
FREEDOM MORTGAGE CORPORATION $5,700,000 $3,715,000 -34.8% 0.8%
LATINO COMMUNITY CREDIT UNION $1,330,000 $3,565,000 168.0% 0.7%
The Federal Savings Bank $1,505,000 $3,530,000 134.6% 0.7%
CROSSCOUNTRY MORTGAGE, LLC $3,985,000 $3,450,000 -13.4% 0.7%
DHI MORTGAGE COMPANY, LTD. $12,200,000 $3,375,000 -72.3% 0.7%
Providence Bank $3,160,000 n/a 0.7%
North State Bank $1,270,000 $3,100,000 144.1% 0.6%
First Carolina Bank $3,640,000 $2,705,000 -25.7% 0.6%
Arbor Realty Trust, Inc. $2,655,000 n/a 0.5%
Mr. Cooper ( Nationstar Mortgage ) $4,385,000 $2,640,000 -39.8% 0.5%
Integrity Home Mortgage Corp $2,605,000 n/a 0.5%
Benchmark Community Bank $245,000 $2,590,000 957.1% 0.5%
JPMorgan Chase Bank $2,155,000 $2,590,000 20.2% 0.5%
PENNYMAC LOAN SERVICES, LLC $3,125,000 $2,585,000 -17.3% 0.5%
Alcova Mortgage LLC $3,300,000 $2,575,000 -22.0% 0.5%
FIRST BANCORP $1,405,000 $2,490,000 77.2% 0.5%
Fifth Third Bank $750,000 $2,440,000 225.3% 0.5%
Prosperity Home Mortgage, LLC $1,925,000 $2,405,000 24.9% 0.5%
Towne Bank $2,610,000 $2,360,000 -9.6% 0.5%
CARDINAL FINANCIAL $2,415,000 $2,340,000 -3.1% 0.5%
HOMESIDE FINANCIAL, LLC $1,670,000 $2,225,000 33.2% 0.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $3,650,000 $2,220,000 -39.2% 0.5%
EQUITY RESOURCES, INC. $2,645,000 $2,215,000 -16.3% 0.5%
LENDINGONE, LLC $4,260,000 $2,180,000 -48.8% 0.4%
First National Bank of Pennsylvania $2,375,000 $2,130,000 -10.3% 0.4%
American Security Mortgage Corp. $2,170,000 $2,120,000 -2.3% 0.4%
GoPrime Mortgage, Inc. $2,545,000 $2,120,000 -16.7% 0.4%
CORNERSTONE HOME LENDING, INC. $6,290,000 $2,090,000 -66.8% 0.4%
Towne Mortgage of the Carolinas, LLC $2,000,000 $2,030,000 1.5% 0.4%
LENDINGHOME FUNDING CORPORATION $2,905,000 $1,950,000 -32.9% 0.4%
United Community Bank $535,000 $1,915,000 257.9% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $2,080,000 $1,825,000 -12.3% 0.4%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $995,000 $1,760,000 76.9% 0.4%
CALCON MUTUAL MORTGAGE LLC $810,000 $1,760,000 117.3% 0.4%
AMERISAVE MORTGAGE CORPORATION $3,405,000 $1,745,000 -48.8% 0.4%
BROKER SOLUTIONS, INC. $6,340,000 $1,730,000 -72.7% 0.4%
ZILLOW HOME LOANS, LLC $380,000 $1,705,000 348.7% 0.4%
21ST MORTGAGE CORPORATION $1,885,000 $1,630,000 -13.5% 0.3%
LIMA ONE CAPITAL, LLC $3,030,000 $1,605,000 -47.0% 0.3%
Carrington Mortgage Services, LLC $1,760,000 $1,575,000 -10.5% 0.3%
United Bank $5,800,000 $1,480,000 -74.5% 0.3%
Barrington Bank & Trust Company, N.A. $1,310,000 $1,445,000 10.3% 0.3%
SOUTHWEST STAGE FUNDING, LLC $1,615,000 $1,380,000 -14.6% 0.3%
Blue Ridge Bank $1,610,000 $1,360,000 -15.5% 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $2,335,000 $1,340,000 -42.6% 0.3%
USAA Federal Savings Bank $1,710,000 $1,295,000 -24.3% 0.3%
HOMESPIRE MORTGAGE CORPORATION $1,775,000 $1,270,000 -28.5% 0.3%
NEWREZ LLC $1,040,000 $1,245,000 19.7% 0.3%
INTERCOASTAL MORTGAGE COMPANY $5,175,000 $1,240,000 -76.0% 0.3%
NEW DAY FINANCIAL, LLC $2,200,000 $1,190,000 -45.9% 0.2%
Nations Lending Corporation $1,400,000 $1,140,000 -18.6% 0.2%
GUILD MORTGAGE COMPANY $860,000 $1,125,000 30.8% 0.2%
Century Mortgage Company DBA Century Lending Company $1,015,000 n/a 0.2%
VILLAGE CAPITAL MORTGAGE $995,000 $1,015,000 2.0% 0.2%
CMG MORTGAGE, INC. $1,565,000 $1,000,000 -36.1% 0.2%
UNION HOME MORTGAGE CORP. $800,000 $985,000 23.1% 0.2%
1ST SIGNATURE LENDING, LLC $460,000 $945,000 105.4% 0.2%
MORTGAGE ACCESS CORP. $360,000 $945,000 162.5% 0.2%
CHURCHILL MORTGAGE CORPORATION $1,455,000 $930,000 -36.1% 0.2%
Plains Commerce Bank $415,000 $925,000 122.9% 0.2%
Citizens Bank $1,285,000 $905,000 -29.6% 0.2%
RELIANCE FIRST CAPITAL, LLC $930,000 $895,000 -3.8% 0.2%
TD Bank $700,000 $890,000 27.1% 0.2%
DELMAR FINANCIAL COMPANY $880,000 n/a 0.2%
Northpointe Bank $555,000 $880,000 58.6% 0.2%
Discover Bank $235,000 $865,000 268.1% 0.2%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $855,000 n/a 0.2%
Citadel Servicing Corporation $835,000 n/a 0.2%
Meridian Bank Corporation $835,000 n/a 0.2%
Credence Funding Corporation $810,000 n/a 0.2%
PLANET HOME LENDING, LLC $335,000 $785,000 134.3% 0.2%
VELOCIO MORTGAGE L.L.C. $765,000 n/a 0.2%
Renasant Bank $720,000 n/a 0.1%
CLEARPATH LENDING $745,000 $705,000 -5.4% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $2,315,000 $705,000 -69.5% 0.1%
Bank of America $820,000 $640,000 -22.0% 0.1%
Flagstar Bank, FSB $2,500,000 $635,000 -74.6% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $95,000 $625,000 557.9% 0.1%
ACADEMY MORTGAGE CORPORATION $2,090,000 $615,000 -70.6% 0.1%
RF Renovo Management Company, LLC $1,215,000 $615,000 -49.4% 0.1%
SELF-HELP Credit Union $805,000 $605,000 -24.8% 0.1%
U.S. Bank $2,095,000 $575,000 -72.6% 0.1%
Touchstone Bank $1,410,000 $560,000 -60.3% 0.1%
The Fidelity Bank $555,000 n/a 0.1%
T2 FINANCIAL LLC $645,000 $535,000 -17.1% 0.1%
Dollar Bank, Federal Savings Bank $325,000 $515,000 58.5% 0.1%
LANGLEY $515,000 n/a 0.1%
AMERICAN HERITAGE LENDING, INC. $215,000 $505,000 134.9% 0.1%
NATION ONE MORTGAGE CORPORATION $500,000 n/a 0.1%
First Heritage Mortgage, LLC $655,000 $490,000 -25.2% 0.1%
NMSI, INC. $490,000 n/a 0.1%
Centra Credit Union $65,000 $475,000 630.8% 0.1%
New Republic Savings Bank $475,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $1,185,000 $470,000 -60.3% 0.1%
Shamrock Home Loans, Inc. $185,000 $470,000 154.1% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $1,015,000 $445,000 -56.2% 0.1%
Paramount Residential Mortgage Group, Inc. $605,000 $430,000 -28.9% 0.1%
Equity Prime Mortgage LLC $1,385,000 $420,000 -69.7% 0.1%
MLD MORTGAGE INC. $420,000 n/a 0.1%
GENEVA FINANCIAL, LLC $130,000 $405,000 211.5% 0.1%
COMMUNITYAMERICA $385,000 n/a 0.1%
AMERICAN FINANCIAL NETWORK, INC. $380,000 n/a 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $1,070,000 $380,000 -64.5% 0.1%
BETTER MORTGAGE CORPORATION $275,000 $360,000 30.9% 0.1%
LOANLEADERS OF AMERICA, INC. $360,000 n/a 0.1%
Colonial Savings, F.A. $205,000 $355,000 73.2% 0.1%
American Mortgage & Equity Consultants, Inc. $350,000 n/a 0.1%
MDE Home Loans, LLC $335,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $705,000 $330,000 -53.2% 0.1%
GUIDANCE RESIDENTIAL, LLC $315,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $745,000 $315,000 -57.7% 0.1%
EMM LOANS LLC $320,000 $310,000 -3.1% 0.1%
Bank of England $105,000 $300,000 185.7% 0.1%
Hometown Equity Mortgage, LLC $300,000 n/a 0.1%
Atlantic Union Bank $295,000 n/a 0.1%
Commerce Home Mortgage, Inc. $295,000 n/a 0.1%
The Loan Store, Inc. $285,000 n/a 0.1%
M&T Bank $445,000 $270,000 -39.3% 0.1%
CIVIC FINANCIAL SERVICES, LLC $3,345,000 $265,000 -92.1% 0.1%
PREMIA MORTGAGE, LLC $255,000 $255,000 0.0% 0.1%
The Central Trust Bank $145,000 $255,000 75.9% 0.1%
STOCKTON MORTGAGE CORPORATION $250,000 n/a 0.1%
Ally Bank $495,000 $245,000 -50.5% 0.1%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $245,000 n/a 0.1%
CONSTRUCTIVE LOANS, LLC $240,000 n/a 0.0%
Corporate Investors Mortgage Group, Inc. $1,305,000 $235,000 -82.0% 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $235,000 n/a 0.0%
Figure Lending LLC $390,000 $230,000 -41.0% 0.0%
ROYAL UNITED MORTGAGE LLC $275,000 $230,000 -16.4% 0.0%
Wake Forest Federal Savings and Loan Association $795,000 $230,000 -71.1% 0.0%
Citibank $225,000 n/a 0.0%
A&D Mortgage LLC $220,000 n/a 0.0%
American Airlines Federal Credit Union $215,000 n/a 0.0%
DOMINION FINANCIAL SERVICES, LLC $215,000 n/a 0.0%
First Savings Bank $460,000 $215,000 -53.3% 0.0%
Southern First Bank $215,000 $215,000 0.0% 0.0%
PHH Mortgage Corporation $210,000 n/a 0.0%
CITY FIRST MORTGAGE SERVICES, L.L.C. $205,000 n/a 0.0%
First Bank $115,000 $205,000 78.3% 0.0%
NexBank $85,000 $205,000 141.2% 0.0%
Stifel Bank and Trust $460,000 $205,000 -55.4% 0.0%
LOANPAL, LLC $860,000 $200,000 -76.7% 0.0%
THE MORTGAGE FIRM, INC. $285,000 $195,000 -31.6% 0.0%
Ameris Bank $225,000 $185,000 -17.8% 0.0%
CityWorth Mortgage LLC $165,000 $185,000 12.1% 0.0%
Regions Bank $1,205,000 $185,000 -84.6% 0.0%
TOP FLITE FINANCIAL, INC. $390,000 $185,000 -52.6% 0.0%
Armed Forces Bank $175,000 $175,000 0.0% 0.0%
SPRING EQ, LLC $100,000 $175,000 75.0% 0.0%
TOWER $175,000 n/a 0.0%
MILEND, INC. $195,000 $165,000 -15.4% 0.0%
R M K FINANCIAL CORP. $165,000 n/a 0.0%
South State Bank $200,000 $165,000 -17.5% 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $165,000 n/a 0.0%
AmRes Corporation $155,000 n/a 0.0%
EVERETT FINANCIAL, INC. $175,000 $155,000 -11.4% 0.0%
CSL Financial, LLC $145,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $165,000 $145,000 -12.1% 0.0%
LONGBRIDGE FINANCIAL, LLC $95,000 $140,000 47.4% 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $135,000 n/a 0.0%
SILVER HILL FUNDING, LLC $135,000 n/a 0.0%
Pinnacle Bank $135,000 $125,000 -7.4% 0.0%
Uwharrie Bank $125,000 n/a 0.0%
NTFN, INC. $115,000 n/a 0.0%
The Huntington National Bank $110,000 n/a 0.0%
ABSOLUTE HOME MORTGAGE CORPORATION $275,000 $105,000 -61.8% 0.0%
VAN DYK MORTGAGE CORPORATION $105,000 n/a 0.0%
Third Federal Savings and Loan Association of Cleveland $610,000 $95,000 -84.4% 0.0%
MORTGAGE INVESTORS GROUP, INC. $85,000 n/a 0.0%
Truliant Federal Credit Union $455,000 $85,000 -81.3% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $85,000 n/a 0.0%
Northwest Federal Credit Union $65,000 n/a 0.0%
Securityplus FCU $65,000 n/a 0.0%
PUBLIX EMPLOYEES $55,000 n/a 0.0%
Bank OZK $155,000 $45,000 -71.0% 0.0%
Park Lane Finance Solutions, LLC $110,000 $45,000 -59.1% 0.0%
MidFirst Bank $35,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $25,000 $25,000 0.0% 0.0%
CHERRY CREEK MORTGAGE, LLC $15,000 n/a 0.0%

ROCKY MOUNT's top lender by overall market share is STATE EMPLOYEES', with 13.4% market share. In second place, with 6.1%, is ATLANTIC BAY MORTGAGE GROUP, L.L.C., having originated $29,735,000 in loans. In third place, with 5.5%, is Southern Bank and Trust Company, having originated $26,860,000 in loans. In fourth place, with 5.4%, is QUICKEN LOANS, LLC, having originated $26,145,000 in loans. In fifth place, with 2.9%, is Mortgage Research Center, LLC, having originated $13,870,000 in loans.


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

Realtor.com - ROCKY MOUNT (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 $133,490 (11.3%) $170,429 (11.0%) 0.49 520
2018-02-01 $132,500 (20.6%) $170,486 (-7.3%) 0.48 494
2018-03-01 $135,000 (22.8%) $174,645 (8.0%) 0.47 482
2018-04-01 $141,000 (22.7%) $178,086 (6.6%) 0.48 489
2018-05-01 $133,948 (16.6%) $171,498 (1.9%) 0.45 528
2018-06-01 $135,200 (14.2%) $170,730 (6.8%) 0.45 525
2018-07-01 $135,900 (13.3%) $172,533 (9.4%) 0.45 499
2018-08-01 $144,245 (16.4%) $178,849 (13.9%) 0.48 489
2018-09-01 $144,695 (16.2%) $177,598 (13.2%) 0.49 474
2018-10-01 $142,035 (10.4%) $174,595 (7.2%) 0.48 457
2018-11-01 $135,500 (4.1%) $169,930 (1.5%) 0.46 449
2018-12-01 $138,900 (4.6%) $172,172 (2.0%) 0.48 418
2019-01-01 $134,150 (0.5%) $171,425 (0.6%) 0.46 423
2019-02-01 $134,900 (1.8%) $170,280 (-0.1%) 0.46 432
2019-03-01 $133,681 (-1.0%) $173,101 (-0.9%) 0.44 430
2019-04-01 $132,201 (-6.2%) $178,029 (0.0%) 0.42 428
2019-05-01 $134,945 (0.7%) $182,204 (6.2%) 0.42 425
2019-06-01 $134,900 (-0.2%) $190,301 (11.5%) 0.42 397
2019-07-01 $135,470 (-0.3%) $195,998 (13.6%) 0.42 391
2019-08-01 $135,336 (-6.2%) $191,891 (7.3%) 0.43 393
2019-09-01 $134,416 (-7.1%) $185,613 (4.5%) 0.43 396
2019-10-01 $131,800 (-7.2%) $177,256 (1.5%) 0.43 395
2019-11-01 $134,900 (-0.4%) $177,940 (4.7%) 0.44 382
2019-12-01 $149,800 (7.9%) $185,696 (7.9%) 0.50 327
2020-01-01 $148,548 (10.7%) $185,363 (8.1%) 0.50 318
2020-02-01 $149,950 (11.2%) $190,936 (12.1%) 0.49 315
2020-03-01 $156,900 (17.4%) $198,001 (14.4%) 0.49 306
2020-04-01 $150,000 (13.5%) $197,357 (10.9%) 0.47 297
2020-05-01 $151,950 (12.6%) $198,607 (9.0%) 0.46 269
2020-06-01 $160,000 (18.6%) $206,900 (8.7%) 0.47 216
2020-07-01 $160,000 (18.1%) $217,464 (11.0%) 0.46 191
2020-08-01 $164,000 (21.2%) $212,454 (10.7%) 0.47 170
2020-09-01 $165,999 (23.5%) $216,857 (16.8%) 0.48 151
2020-10-01 $199,900 (51.7%) $229,812 (29.7%) 0.57 172
2020-11-01 $201,200 (49.2%) $222,928 (25.3%) 0.59 170
2020-12-01 $204,800 (36.7%) $229,744 (23.7%) 0.61 176
2021-01-01 $199,000 (34.0%) $227,323 (22.6%) 0.59 164
2021-02-01 $194,650 (29.8%) $231,039 (21.0%) 0.57 139
2021-03-01 $200,625 (27.9%) $238,968 (20.7%) 0.57 125
2021-04-01 $216,850 (44.6%) $249,544 (26.4%) 0.59 116
2021-05-01 $222,000 (46.1%) $255,646 (28.7%) 0.59 112
2021-06-01 $219,850 (37.4%) $251,471 (21.5%) 0.58 144
2021-07-01 $202,450 (26.5%) $239,356 (10.1%) 0.53 167
2021-08-01 $202,995 (23.8%) $252,582 (18.9%) 0.54 201
2021-09-01 $199,650 (20.3%) $252,590 (16.5%) 0.53 210
2021-10-01 $210,000 (5.1%) $263,081 (14.5%) 0.56 187
2021-11-01 $201,250 (0.0%) $249,540 (11.9%) 0.54 210
2021-12-01 $211,895 (3.5%) $254,355 (10.7%) 0.57 186
2022-01-01 $224,900 (13.0%) $263,973 (16.1%) 0.61 152
2022-02-01 $219,900 (13.0%) $247,101 (7.0%) 0.57 111
2022-03-01 $219,500 (9.4%) $249,149 (4.3%) 0.55 91
2022-04-01 $220,320 (1.6%) $246,748 (-1.1%) 0.53 108
2022-05-01 $233,575 (5.2%) $259,827 (1.6%) 0.53 148
2022-06-01 $249,925 (13.7%) $278,334 (10.7%) 0.56 156
2022-07-01 $252,400 (24.7%) $281,478 (17.6%) 0.57 197
2022-08-01 $273,650 (34.8%) $286,569 (13.5%) 0.63 237
2022-09-01 $284,030 (42.3%) $294,249 (16.5%) 0.66 249
2022-10-01 $277,450 (32.1%) $292,338 (11.1%) 0.65 293
2022-11-01 $277,424 (37.9%) $291,946 (17.0%) 0.67 318
2022-12-01 $269,900 (27.4%) $294,643 (15.8%) 0.67 301
2023-01-01 $277,473 (23.4%) $302,689 (14.7%) 0.69 271
2023-02-01 $277,995 (26.4%) $300,512 (21.6%) 0.67 264
2023-03-01 $289,900 (32.1%) $309,481 (24.2%) 0.68 250
2023-04-01 $294,900 (33.9%) $310,232 (25.7%) 0.69 236
2023-05-01 $299,923 (28.4%) $307,694 (18.4%) 0.68 220
2023-06-01 $306,468 (22.6%) $322,357 (15.8%) 0.69 246
2023-07-01 $300,000 (18.9%) $306,259 (8.8%) 0.68 238
2023-08-01 $301,494 (10.2%) $309,281 (7.9%) 0.69 232
2023-09-01 $299,990 (5.6%) $311,177 (5.8%) 0.70 246
2023-10-01 $300,647 (8.4%) $299,349 (2.4%) 0.71 262
2023-11-01 $287,350 (3.6%) $292,729 (0.3%) 0.68 288
2023-12-01 $292,400 (8.3%) $291,301 (-1.1%) 0.71 313
2024-01-01 $288,450 (4.0%) $289,168 (-4.5%) 0.70 299
2024-02-01 $279,598 (0.6%) $287,412 (-4.4%) 0.67 305
2024-03-01 $278,400 (-4.0%) $286,780 (-7.3%) 0.66 307
2024-04-01 $304,900 (3.4%) $298,750 (-3.7%) 0.71 297
ROCKY MOUNT's median listing price for 2024-04-01 was $304,900, a difference of $10,000 (3.4%) versus the prior year and $26,500 versus the prior month.

ROCKY MOUNT's median listing price comes in at 71% of the national average.

ROCKY MOUNT's average listing price for 2024-04-01 was $298,750, a difference of $-11,482 (-3.7%) versus the prior year and $11,970 versus the prior month.

For the 2024-04-01 period, ROCKY MOUNT had 297 MLS listings, a difference of -10 listings (-3%) versus the prior month and 61 listings (26%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - ROCKY MOUNT (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 109 days 1,768 sqft
2018-02-01 101 days 1,737 sqft
2018-03-01 99 days 1,778 sqft
2018-04-01 76 days 1,859 sqft
2018-05-01 62 days 1,720 sqft
2018-06-01 67 days 1,740 sqft
2018-07-01 74 days 1,728 sqft
2018-08-01 88 days 1,803 sqft
2018-09-01 88 days 1,792 sqft
2018-10-01 95 days 1,769 sqft
2018-11-01 93 days 1,763 sqft
2018-12-01 100 days 1,766 sqft
2019-01-01 94 days 1,756 sqft
2019-02-01 77 days 1,730 sqft
2019-03-01 75 days 1,710 sqft
2019-04-01 78 days 1,691 sqft
2019-05-01 80 days 1,699 sqft
2019-06-01 84 days 1,698 sqft
2019-07-01 90 days 1,700 sqft
2019-08-01 84 days 1,681 sqft
2019-09-01 79 days 1,652 sqft
2019-10-01 76 days 1,632 sqft
2019-11-01 85 days 1,658 sqft
2019-12-01 85 days 1,747 sqft
2020-01-01 96 days 1,696 sqft
2020-02-01 84 days 1,790 sqft
2020-03-01 64 days 1,863 sqft
2020-04-01 67 days 1,846 sqft
2020-05-01 75 days 1,770 sqft
2020-06-01 86 days 1,875 sqft
2020-07-01 73 days 1,889 sqft
2020-08-01 64 days 1,772 sqft
2020-09-01 53 days 1,806 sqft
2020-10-01 42 days 1,777 sqft
2020-11-01 51 days 1,828 sqft
2020-12-01 64 days 1,790 sqft
2021-01-01 64 days 1,789 sqft
2021-02-01 47 days 1,866 sqft
2021-03-01 47 days 1,806 sqft
2021-04-01 40 days 1,922 sqft
2021-05-01 43 days 1,928 sqft
2021-06-01 35 days 1,985 sqft
2021-07-01 41 days 1,892 sqft
2021-08-01 40 days 1,823 sqft
2021-09-01 43 days 1,771 sqft
2021-10-01 44 days 1,809 sqft
2021-11-01 44 days 1,742 sqft
2021-12-01 49 days 1,755 sqft
2022-01-01 56 days 1,776 sqft
2022-02-01 66 days 1,660 sqft
2022-03-01 42 days 1,692 sqft
2022-04-01 33 days 1,690 sqft
2022-05-01 31 days 1,716 sqft
2022-06-01 35 days 1,684 sqft
2022-07-01 39 days 1,704 sqft
2022-08-01 44 days 1,735 sqft
2022-09-01 52 days 1,859 sqft
2022-10-01 54 days 1,894 sqft
2022-11-01 56 days 1,859 sqft
2022-12-01 70 days 1,824 sqft
2023-01-01 86 days 1,870 sqft
2023-02-01 83 days 1,880 sqft
2023-03-01 67 days 1,927 sqft
2023-04-01 58 days 1,902 sqft
2023-05-01 51 days 1,940 sqft
2023-06-01 49 days 1,894 sqft
2023-07-01 51 days 1,869 sqft
2023-08-01 53 days 1,876 sqft
2023-09-01 47 days 1,902 sqft
2023-10-01 54 days 1,846 sqft
2023-11-01 49 days 1,808 sqft
2023-12-01 51 days 1,811 sqft
2024-01-01 62 days 1,800 sqft
2024-02-01 64 days 1,741 sqft
2024-03-01 56 days 1,772 sqft
2024-04-01 55 days 1,732 sqft
ROCKY MOUNT's median listing age (time on market) for 2024-04-01 was 55 days. This is -5% shorter than the same period one year ago.

ROCKY MOUNT's median square footage for active listings during the 2024-04-01 period was 1,732 sqft. One year prior, the average listing was 1,902 sqft.

ROCKY MOUNT, NC Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
27557 Rocky Mount, NC MSA $940 $970 $1,110 $1,370 $1,790
27597 Rocky Mount, NC MSA $940 $970 $1,110 $1,370 $1,790
27801 Rocky Mount, NC MSA $700 $710 $880 $1,200 $1,310
27802 Rocky Mount, NC MSA $660 $670 $830 $1,130 $1,230
27803 Rocky Mount, NC MSA $750 $760 $940 $1,280 $1,400
27804 Rocky Mount, NC MSA $780 $790 $980 $1,330 $1,460
27807 Rocky Mount, NC MSA $670 $680 $840 $1,140 $1,250
27809 Rocky Mount, NC MSA $620 $620 $770 $1,050 $1,150
27812 Rocky Mount, NC MSA $690 $690 $860 $1,170 $1,460
27815 Rocky Mount, NC MSA $660 $670 $830 $1,130 $1,230
27816 Rocky Mount, NC MSA $940 $970 $1,110 $1,370 $1,790
27819 Rocky Mount, NC MSA $700 $710 $880 $1,200 $1,310
27822 Rocky Mount, NC MSA $660 $660 $820 $1,110 $1,220
27829 Rocky Mount, NC MSA $770 $770 $960 $1,300 $1,590
27834 Rocky Mount, NC MSA $830 $830 $1,030 $1,400 $1,750
27843 Rocky Mount, NC MSA $730 $730 $910 $1,240 $1,350
27852 Rocky Mount, NC MSA $660 $670 $820 $1,130 $1,410
27856 Rocky Mount, NC MSA $740 $750 $930 $1,260 $1,380
27864 Rocky Mount, NC MSA $620 $630 $780 $1,060 $1,160
27868 Rocky Mount, NC MSA $740 $750 $930 $1,260 $1,380
27878 Rocky Mount, NC MSA $700 $700 $870 $1,180 $1,290
27880 Rocky Mount, NC MSA $620 $620 $770 $1,050 $1,150
27881 Rocky Mount, NC MSA $720 $720 $890 $1,220 $1,330
27882 Rocky Mount, NC MSA $940 $970 $1,110 $1,370 $1,790
27886 Rocky Mount, NC MSA $660 $670 $820 $1,130 $1,410
27891 Rocky Mount, NC MSA $780 $790 $980 $1,330 $1,460
27896 Rocky Mount, NC MSA $820 $830 $1,030 $1,400 $1,530

2022 Average & Median Rent Data Statistics
ROCKY MOUNT, NC average 1BR rent: $752, median: $720
ROCKY MOUNT, NC average 2BR rent: $918, median: $890
ROCKY MOUNT, NC average 3BR rent: $1,229, median: $1,220

ROCKY MOUNT, NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,566 $342,020,000 $218,404
Home Improvement 279 $17,565,000 $62,957
Cash Out Refi 274 $48,480,000 $176,934
Refi 267 $58,445,000 $218,895
Other 253 $18,495,000 $73,103

Rocky Mount's most frequently cited loan purpose was Home Purchase, with 1,566 originations. The 2nd most popular reason was Home Improvement, with 279 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 803 $174,745,000 $217,615
7-8% 652 $119,590,000 $183,420
5-6% 496 $115,590,000 $233,044
Over 8% 351 $38,505,000 $109,701
4-5% 205 $22,425,000 $109,390
<2.5% 75 $995,000 $13,267
3-4% 2 $100,000 $50,000
2.5-3% 1 $175,000 $175,000

During 2023, Rocky Mount's most frequently originated rate bucket was 6-7%, with 803 originations.

Loan Sizing (ROCKY MOUNT, NC MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 878 $240,010,000 $273,360
$100k-200k 830 $122,030,000 $147,024
$100,000 or less 814 $41,510,000 $50,995
$400k-600k 88 $41,360,000 $470,000
$600k-1000k 21 $15,615,000 $743,571
$Over $1MM 8 $24,480,000 $3,060,000

ROCKY MOUNT's loan sizing saw the bucket of loans from $200k-400k with 878 originations, totaling $240,010,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,170 $275,360,000 $235,350
60-80% 471 $98,375,000 $208,864
Under 20% 350 $11,760,000 $33,600
20-40% 318 $26,950,000 $84,748
40-60% 218 $41,670,000 $191,147
Over 100% 62 $17,310,000 $279,194

ROCKY MOUNT's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,170 originations, totaling $275,360,000 in origination value.