ROCKY MOUNT Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Rocky Mount averaged
5.97%
for the week of 2022-05-12, compared to the national average of
5.3% for the same period.
The average rate for the prior week (2022-05-05) was
5.84% and
one month ago for the week of 2022-04-07, the
average rate was 5.29%.
Rocky Mount's average rate one year ago was 3.12%.
For refis of the same type during the week of 2022-05-12, the average rate
was 5.49%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-05-12 | 5.3% |
| Rocky Mount 30 Year Fixed Rate | 2022-05-12 | 5.97% |
| Rocky Mount 30 Year Fixed Rate Refi | 2022-05-12 | 5.49% |
| Rocky Mount 15 Year Fixed Rate | 2022-05-12 | 5.59% |
| Rocky Mount 15 Year Fixed Rate Refi | 2022-05-12 | 4.78% |
| Rocky Mount 30 Year FHA | 2022-05-12 | 5.77% |
| Rocky Mount 30 Year FHA Refi | 2022-05-12 | 5.51% |
| Rocky Mount 30 Year USDA | 2022-05-12 | 5.23% |
| Rocky Mount 30 Year USDA Refi | 2022-05-12 | 4.7% |
| Rocky Mount 30 Year VA | 2022-05-12 | 5.3% |
| Rocky Mount 30 Year VA Refi | 2022-05-12 | 5.11% |
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 lendor, 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.).
ROCKY MOUNT, NC's 160 lenders originated 4,390
loans during 2021. The total origination value was $754,630,000, with an average loan value of
$171,897.
The top ROCKY MOUNT lender as defined by loan originations is STATE EMPLOYEES', with
286 loans originated. Their average total fees are
$3,648, which is $1,153
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee ROCKY MOUNT lenders (with over 10 loans originated) are
CAPITAL CENTER, L.L.C. ($794), JPMorgan Chase Bank ($1,781), DHI MORTGAGE COMPANY, LTD. ($2,353), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($2,536) and Wells Fargo Bank ($2,706).
The lowest rate ROCKY MOUNT lenders (with over 10 loans originated) are
Truist Bank (2.89%), AMERISAVE MORTGAGE CORPORATION (3.00%), Atlantic Home Loans, Inc. (3.02%), UNITED WHOLESALE MORTGAGE, LLC (3.03%) and CAPITAL CENTER, L.L.C. (3.05%).
ROCKY MOUNT, NC Lender 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| STATE EMPLOYEES' | $60,185,000 | $88,590,000 | 47.2% | 11.7% |
| QUICKEN LOANS, LLC | $45,035,000 | $69,600,000 | 54.5% | 9.2% |
| Southern Bank and Trust Company | $52,395,000 | $60,355,000 | 15.2% | 8.0% |
| Truist Bank | $39,015,000 | $34,705,000 | -11.0% | 4.6% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $30,820,000 | $23,900,000 | -22.5% | 3.2% |
| FREEDOM MORTGAGE CORPORATION | $21,010,000 | $18,850,000 | -10.3% | 2.5% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $1,140,000 | $18,675,000 | 1,538.2% | 2.5% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $12,170,000 | $18,425,000 | 51.4% | 2.4% |
| Wells Fargo Bank | $12,095,000 | $15,190,000 | 25.6% | 2.0% |
| Atlantic Home Loans, Inc. | $14,315,000 | n/a | 1.9% | |
| MOVEMENT MORTGAGE, LLC | $8,080,000 | $13,915,000 | 72.2% | 1.8% |
| DHI MORTGAGE COMPANY, LTD. | $6,235,000 | $13,525,000 | 116.9% | 1.8% |
| Mortgage Research Center, LLC | $9,695,000 | $13,220,000 | 36.4% | 1.8% |
| GUARANTEED RATE, INC. | $1,440,000 | $11,475,000 | 696.9% | 1.5% |
| LOANDEPOT.COM, LLC | $8,630,000 | $10,940,000 | 26.8% | 1.4% |
| PNC Bank | $10,380,000 | $10,585,000 | 2.0% | 1.4% |
| NAVY FEDERAL CREDIT UNION | $7,610,000 | $9,735,000 | 27.9% | 1.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $4,170,000 | $9,250,000 | 121.8% | 1.2% |
| Mr. Cooper ( Nationstar Mortgage ) | $5,450,000 | $8,370,000 | 53.6% | 1.1% |
| PENNYMAC LOAN SERVICES, LLC | $3,010,000 | $8,355,000 | 177.6% | 1.1% |
| COASTAL Federal Credit Union | $3,775,000 | $8,190,000 | 117.0% | 1.1% |
| First-Citizens Bank & Trust Company | $5,220,000 | $7,545,000 | 44.5% | 1.0% |
| ANGEL OAK HOME LOANS LLC | $7,960,000 | $7,245,000 | -9.0% | 1.0% |
| CALIBER HOME LOANS, INC. | $3,855,000 | $6,045,000 | 56.8% | 0.8% |
| BROKER SOLUTIONS, INC. | $2,860,000 | $6,040,000 | 111.2% | 0.8% |
| CORNERSTONE HOME LENDING, INC. | $4,425,000 | $5,810,000 | 31.3% | 0.8% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $3,795,000 | $5,615,000 | 48.0% | 0.7% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $7,345,000 | $5,495,000 | -25.2% | 0.7% |
| AMERISAVE MORTGAGE CORPORATION | $3,445,000 | $5,490,000 | 59.4% | 0.7% |
| EQUITY RESOURCES, INC. | $4,105,000 | $5,395,000 | 31.4% | 0.7% |
| Alcova Mortgage LLC | $3,745,000 | $4,975,000 | 32.8% | 0.7% |
| Pinnacle Bank | $4,905,000 | n/a | 0.6% | |
| VILLAGE CAPITAL & INVESTMENT LLC | $5,235,000 | $4,740,000 | -9.5% | 0.6% |
| NEW DAY FINANCIAL, LLC | $3,315,000 | $4,690,000 | 41.5% | 0.6% |
| INTERCOASTAL MORTGAGE COMPANY | $495,000 | $4,590,000 | 827.3% | 0.6% |
| CIVIC FINANCIAL SERVICES, LLC | $280,000 | $4,585,000 | 1,537.5% | 0.6% |
| HOMESIDE FINANCIAL, LLC | $1,830,000 | $4,545,000 | 148.4% | 0.6% |
| LAKEVIEW LOAN SERVICING, LLC | $1,180,000 | $4,375,000 | 270.8% | 0.6% |
| Touchstone Bank | $65,000 | $3,950,000 | 5,976.9% | 0.5% |
| PENTAGON FEDERAL CREDIT UNION | $1,100,000 | $3,475,000 | 215.9% | 0.5% |
| GoPrime Mortgage, Inc. | $2,480,000 | $3,435,000 | 38.5% | 0.5% |
| AgCarolina Farm Credit, FLCA | $2,740,000 | $3,390,000 | 23.7% | 0.4% |
| JPMorgan Chase Bank | $2,460,000 | $3,315,000 | 34.8% | 0.4% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,455,000 | $3,310,000 | 127.5% | 0.4% |
| CAPITAL CENTER, L.L.C. | $1,090,000 | $3,185,000 | 192.2% | 0.4% |
| Towne Mortgage of the Carolinas, LLC | $1,415,000 | $3,045,000 | 115.2% | 0.4% |
| BETTER MORTGAGE CORPORATION | $1,205,000 | $3,015,000 | 150.2% | 0.4% |
| Southern States Bank | $2,175,000 | $3,005,000 | 38.2% | 0.4% |
| Carrington Mortgage Services, LLC | $2,270,000 | $2,895,000 | 27.5% | 0.4% |
| First Carolina Bank | $2,330,000 | $2,830,000 | 21.5% | 0.4% |
| Prosperity Home Mortgage, LLC | $3,210,000 | $2,690,000 | -16.2% | 0.4% |
| Towne Bank | $1,160,000 | $2,660,000 | 129.3% | 0.4% |
| NEWREZ LLC | $2,950,000 | $2,575,000 | -12.7% | 0.3% |
| USAA Federal Savings Bank | $5,020,000 | $2,555,000 | -49.1% | 0.3% |
| INSPIRE HOME LOANS INC. | $280,000 | $2,445,000 | 773.2% | 0.3% |
| Bank of America | $1,495,000 | $2,385,000 | 59.5% | 0.3% |
| First National Bank of Pennsylvania | $1,840,000 | $2,350,000 | 27.7% | 0.3% |
| AMERICAN FINANCING CORPORATION | $370,000 | $2,215,000 | 498.6% | 0.3% |
| Lakeview Community Capital, LLC | $1,145,000 | $2,180,000 | 90.4% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,350,000 | $2,175,000 | -7.4% | 0.3% |
| North State Bank | $1,400,000 | $2,090,000 | 49.3% | 0.3% |
| Flagstar Bank, FSB | $375,000 | $2,045,000 | 445.3% | 0.3% |
| AMERICAN FINANCIAL NETWORK, INC. | $955,000 | $2,040,000 | 113.6% | 0.3% |
| United Bank | $1,290,000 | $1,960,000 | 51.9% | 0.3% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $710,000 | $1,950,000 | 174.6% | 0.3% |
| HOME POINT FINANCIAL CORPORATION | $590,000 | $1,890,000 | 220.3% | 0.3% |
| Paramount Residential Mortgage Group, Inc. | $690,000 | $1,835,000 | 165.9% | 0.2% |
| CLEARPATH LENDING | $3,065,000 | $1,735,000 | -43.4% | 0.2% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,205,000 | $1,565,000 | 29.9% | 0.2% |
| Fifth Third Bank | $1,510,000 | n/a | 0.2% | |
| CRESCENT MORTGAGE COMPANY | $1,665,000 | $1,475,000 | -11.4% | 0.2% |
| SUN WEST MORTGAGE COMPANY, INC. | $155,000 | $1,465,000 | 845.2% | 0.2% |
| SOUTHERN TRUST MORTGAGE, LLC | $1,440,000 | n/a | 0.2% | |
| CALCON MUTUAL MORTGAGE LLC | $1,405,000 | n/a | 0.2% | |
| ACCELERATE MORTGAGE, LLC | $1,400,000 | n/a | 0.2% | |
| NFM, INC. | $960,000 | $1,360,000 | 41.7% | 0.2% |
| LENDINGONE, LLC | $1,330,000 | n/a | 0.2% | |
| Ameris Bank | $370,000 | $1,320,000 | 256.8% | 0.2% |
| U.S. Bank | $1,790,000 | $1,310,000 | -26.8% | 0.2% |
| LATINO COMMUNITY CREDIT UNION | $465,000 | $1,290,000 | 177.4% | 0.2% |
| BAYSHORE MORTGAGE FUNDING, LLC | $450,000 | $1,250,000 | 177.8% | 0.2% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $2,565,000 | $1,205,000 | -53.0% | 0.2% |
| Strong Home Mortgage, LLC | $1,205,000 | n/a | 0.2% | |
| Union Bank | $1,365,000 | $1,205,000 | -11.7% | 0.2% |
| First Guaranty Mortgage Corporation | $1,265,000 | $1,185,000 | -6.3% | 0.2% |
| HOMESPIRE MORTGAGE CORPORATION | $1,430,000 | $1,180,000 | -17.5% | 0.2% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $2,195,000 | $1,175,000 | -46.5% | 0.2% |
| THE MORTGAGE FIRM, INC. | $1,580,000 | $1,175,000 | -25.6% | 0.2% |
| InterContinental Capital Group, Inc | $555,000 | $1,160,000 | 109.0% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $785,000 | $1,140,000 | 45.2% | 0.2% |
| PHH Mortgage Corporation | $1,140,000 | n/a | 0.2% | |
| United Community Bank | $165,000 | $1,130,000 | 584.8% | 0.1% |
| FIRST BANCORP, INC. | $1,110,000 | n/a | 0.1% | |
| 21ST MORTGAGE CORPORATION | $600,000 | $1,075,000 | 79.2% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $920,000 | $1,060,000 | 15.2% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $1,420,000 | $1,055,000 | -25.7% | 0.1% |
| AmeriHome Mortgage Company, LLC | $515,000 | $1,045,000 | 102.9% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $375,000 | $1,025,000 | 173.3% | 0.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $350,000 | $1,020,000 | 191.4% | 0.1% |
| Nations Lending Corporation | $355,000 | $1,010,000 | 184.5% | 0.1% |
| ZILLOW HOME LOANS, LLC | $380,000 | $1,010,000 | 165.8% | 0.1% |
| American Security Mortgage Corp. | $1,070,000 | $985,000 | -7.9% | 0.1% |
| CMG MORTGAGE, INC. | $955,000 | $975,000 | 2.1% | 0.1% |
| The Federal Savings Bank | $1,845,000 | $970,000 | -47.4% | 0.1% |
| Southern First Bank | $965,000 | n/a | 0.1% | |
| First Heritage Mortgage, LLC | $600,000 | $940,000 | 56.7% | 0.1% |
| PLANET HOME LENDING, LLC | $895,000 | $930,000 | 3.9% | 0.1% |
| Victorian Finance, LLC | $485,000 | $920,000 | 89.7% | 0.1% |
| KELLER MORTGAGE, LLC | $915,000 | n/a | 0.1% | |
| AMERIFIRST FINANCIAL CORPORATION | $620,000 | $900,000 | 45.2% | 0.1% |
| Mid-Continent Funding, Inc. | $625,000 | $900,000 | 44.0% | 0.1% |
| Regions Bank | $1,300,000 | $900,000 | -30.8% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $175,000 | $890,000 | 408.6% | 0.1% |
| Corporate Investors Mortgage Group, Inc. | $780,000 | $845,000 | 8.3% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $550,000 | $845,000 | 53.6% | 0.1% |
| RUOFF MORTGAGE COMPANY, INC. | $155,000 | $785,000 | 406.5% | 0.1% |
| Hometown Lenders, Inc. | $425,000 | $770,000 | 81.2% | 0.1% |
| Blue Ridge Bank | $1,075,000 | $765,000 | -28.8% | 0.1% |
| T2 FINANCIAL LLC | $165,000 | $765,000 | 363.6% | 0.1% |
| LADERA LENDING, INC. | $745,000 | n/a | 0.1% | |
| Arvest Bank | $350,000 | $740,000 | 111.4% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $1,300,000 | $735,000 | -43.5% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $525,000 | $735,000 | 40.0% | 0.1% |
| LENDINGHOME FUNDING CORPORATION | $725,000 | n/a | 0.1% | |
| First Bank | $420,000 | $710,000 | 69.0% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $1,100,000 | $705,000 | -35.9% | 0.1% |
| Low VA Rates, LLC | $335,000 | $690,000 | 106.0% | 0.1% |
| The Central Trust Bank | $675,000 | n/a | 0.1% | |
| Figure Lending LLC | $65,000 | $670,000 | 930.8% | 0.1% |
| CityWorth Mortgage LLC | $660,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $650,000 | n/a | 0.1% | |
| LIMA ONE CAPITAL, LLC | $1,700,000 | $640,000 | -62.4% | 0.1% |
| American National Bank and Trust Company | $630,000 | n/a | 0.1% | |
| Commonwealth Bank and Trust Company | $625,000 | n/a | 0.1% | |
| First Federal Bank | $905,000 | $610,000 | -32.6% | 0.1% |
| Atlantic Coast Mortgage, LLC | $620,000 | $605,000 | -2.4% | 0.1% |
| First Home Bank | $375,000 | $560,000 | 49.3% | 0.1% |
| Summit Credit Union | $555,000 | n/a | 0.1% | |
| ALLIED MORTGAGE GROUP, INC. | $545,000 | n/a | 0.1% | |
| Austin Capital Bank SSB | $205,000 | $535,000 | 161.0% | 0.1% |
| HOMESTEAD FUNDING CORP. | $625,000 | $535,000 | -14.4% | 0.1% |
| NBKC BANK | $530,000 | n/a | 0.1% | |
| 1ST SIGNATURE LENDING, LLC | $930,000 | $525,000 | -43.5% | 0.1% |
| NORTHROP GRUMMAN Federal Credit Union | $505,000 | n/a | 0.1% | |
| MILEND, INC. | $485,000 | n/a | 0.1% | |
| SIRVA MORTGAGE, INC. | $360,000 | $475,000 | 31.9% | 0.1% |
| Stifel Bank and Trust | $1,250,000 | $470,000 | -62.4% | 0.1% |
| Shamrock Home Loans, Inc. | $460,000 | n/a | 0.1% | |
| Bank OZK | $455,000 | n/a | 0.1% | |
| EMM LOANS LLC | $275,000 | $450,000 | 63.6% | 0.1% |
| SUMMIT FUNDING, INC. | $445,000 | n/a | 0.1% | |
| AMCAP MORTGAGE, LTD. | $650,000 | $430,000 | -33.8% | 0.1% |
| Colten Mortgage, LLC | $175,000 | $430,000 | 145.7% | 0.1% |
| ACOPIA, LLC | $415,000 | $415,000 | 0.0% | 0.1% |
| MERCK EMPLOYEES FEDERAL CREDIT UNION | $415,000 | n/a | 0.1% | |
| SELF-HELP Credit Union | $590,000 | $415,000 | -29.7% | 0.1% |
| TD Bank | $210,000 | $410,000 | 95.2% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $410,000 | n/a | 0.1% | |
| ABSOLUTE HOME MORTGAGE CORPORATION | $205,000 | $405,000 | 97.6% | 0.1% |
| AFFINITY | $400,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $195,000 | $395,000 | 102.6% | 0.1% |
| KS Bank, Inc. | $315,000 | $390,000 | 23.8% | 0.1% |
| CBM Mortgage, Inc. | $385,000 | n/a | 0.1% | |
| Benchmark Community Bank | $80,000 | $375,000 | 368.8% | 0.0% |
| PLUS RELOCATION MORTGAGE, LLC | $370,000 | n/a | 0.0% | |
| UNION HOME MORTGAGE CORP. | $820,000 | $370,000 | -54.9% | 0.0% |
| GENEVA FINANCIAL, LLC | $360,000 | n/a | 0.0% | |
| Amerifirst Financial, Inc. | $215,000 | $355,000 | 65.1% | 0.0% |
| Bank of Hillsboro | $355,000 | n/a | 0.0% | |
| Manufacturers and Traders Trust Company | $355,000 | n/a | 0.0% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $355,000 | n/a | 0.0% | |
| Dollar Bank, Federal Savings Bank | $620,000 | $345,000 | -44.4% | 0.0% |
| SOVEREIGN LENDING GROUP INCORPORATED | $265,000 | $340,000 | 28.3% | 0.0% |
| CERTAINTY HOME LOANS, LLC | $195,000 | $330,000 | 69.2% | 0.0% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $325,000 | n/a | 0.0% | |
| Nicolet National Bank | $325,000 | n/a | 0.0% | |
| The Fidelity Bank | $325,000 | n/a | 0.0% | |
| First National Bank of America | $320,000 | n/a | 0.0% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $315,000 | n/a | 0.0% | |
| BNC National Bank | $155,000 | $315,000 | 103.2% | 0.0% |
| OCMBC, INC. | $315,000 | n/a | 0.0% | |
| SHELTER HOME MORTGAGE, LLC | $245,000 | $315,000 | 28.6% | 0.0% |
| Kwik Mortgage Corporation | $310,000 | n/a | 0.0% | |
| Centra Credit Union | $475,000 | $300,000 | -36.8% | 0.0% |
| DAS Acquisition Company, LLC | $300,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $255,000 | $295,000 | 15.7% | 0.0% |
| RAPID MORTGAGE COMPANY | $300,000 | $290,000 | -3.3% | 0.0% |
| Capital Bank | $285,000 | n/a | 0.0% | |
| FirstBank | $285,000 | n/a | 0.0% | |
| First Mortgage Solutions, LLC | $285,000 | n/a | 0.0% | |
| NTFN, INC. | $790,000 | $285,000 | -63.9% | 0.0% |
| Citizens Bank | $115,000 | $280,000 | 143.5% | 0.0% |
| SPRING EQ, LLC | $195,000 | $280,000 | 43.6% | 0.0% |
| FBC MORTGAGE, LLC | $275,000 | $275,000 | 0.0% | 0.0% |
| JET DIRECT FUNDING CORP | $275,000 | n/a | 0.0% | |
| Paramount Bank | $275,000 | n/a | 0.0% | |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $275,000 | n/a | 0.0% | |
| FAIR WAY LENDING LLC | $280,000 | $270,000 | -3.6% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $260,000 | n/a | 0.0% | |
| EVERETT FINANCIAL, INC. | $165,000 | $255,000 | 54.5% | 0.0% |
| GUILD MORTGAGE COMPANY | $305,000 | $255,000 | -16.4% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $255,000 | n/a | 0.0% | |
| LEADERONE FINANCIAL CORPORATION | $170,000 | $255,000 | 50.0% | 0.0% |
| Sunflower Bank | $145,000 | $255,000 | 75.9% | 0.0% |
| First Horizon Bank | $205,000 | $245,000 | 19.5% | 0.0% |
| First Reliance Bank | $245,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $245,000 | $245,000 | 0.0% | 0.0% |
| GUIDANCE RESIDENTIAL, LLC | $185,000 | $235,000 | 27.0% | 0.0% |
| AMERICAN ADVISORS GROUP | $125,000 | $230,000 | 84.0% | 0.0% |
| MCLEAN MORTGAGE CORPORATION | $230,000 | n/a | 0.0% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $225,000 | n/a | 0.0% | |
| First State Bank of St. Charles, Missouri | $225,000 | n/a | 0.0% | |
| CANOPY MORTGAGE, LLC | $215,000 | n/a | 0.0% | |
| MORTGAGE ACCESS CORP. | $430,000 | $215,000 | -50.0% | 0.0% |
| ROSS MORTGAGE CORPORATION | $215,000 | n/a | 0.0% | |
| DATA MORTGAGE, INC. | $210,000 | n/a | 0.0% | |
| Discover Bank | $185,000 | $205,000 | 10.8% | 0.0% |
| DOMINION ENERGY CREDIT UNION | $205,000 | n/a | 0.0% | |
| Midwest Community Bank | $205,000 | n/a | 0.0% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $205,000 | n/a | 0.0% | |
| Progress Bank and Trust | $205,000 | n/a | 0.0% | |
| SENB Bank | $205,000 | n/a | 0.0% | |
| AMERICAN FEDERAL MORTGAGE CORPORATION | $195,000 | n/a | 0.0% | |
| NEWPORT NEWS SHIPBUILDING EMPLOYEES | $195,000 | n/a | 0.0% | |
| NP, Inc. | $500,000 | $195,000 | -61.0% | 0.0% |
| Peoples Bank | $195,000 | n/a | 0.0% | |
| Wake Forest Federal Savings and Loan Association | $325,000 | $195,000 | -40.0% | 0.0% |
| FAMILY FIRST FUNDING LLC | $185,000 | n/a | 0.0% | |
| Evolve Bank & Trust | $175,000 | n/a | 0.0% | |
| HARBORONE MORTGAGE, LLC | $175,000 | n/a | 0.0% | |
| Home Mortgage Alliance Corp | $175,000 | n/a | 0.0% | |
| Signature Federal Credit Union | $175,000 | n/a | 0.0% | |
| SOUTHEAST MORTGAGE OF GEORGIA, INC. | $175,000 | n/a | 0.0% | |
| AgFirst Farm Credit Bank | $165,000 | n/a | 0.0% | |
| American Mortgage Bank, LLC | $165,000 | n/a | 0.0% | |
| DIGITAL Federal Credit Union | $25,000 | $165,000 | 560.0% | 0.0% |
| CSL Financial, LLC | $100,000 | $160,000 | 60.0% | 0.0% |
| ALLIANT CREDIT UNION | $155,000 | n/a | 0.0% | |
| Alpha Mortgage Corporation | $155,000 | n/a | 0.0% | |
| Colonial Savings, F.A. | $155,000 | n/a | 0.0% | |
| North American Savings Bank, F.S.B. | $305,000 | $155,000 | -49.2% | 0.0% |
| PREMIA MORTGAGE, LLC | $1,185,000 | $155,000 | -86.9% | 0.0% |
| Marine Federal Credit Union | $150,000 | n/a | 0.0% | |
| BANKSOUTH MORTGAGE COMPANY, LLC | $145,000 | n/a | 0.0% | |
| HOMESTAR FINANCIAL CORPORATION | $145,000 | n/a | 0.0% | |
| Peoples Bank | $145,000 | n/a | 0.0% | |
| SIGNATURE MORTGAGE CORPORATION | $535,000 | $145,000 | -72.9% | 0.0% |
| Citibank | $25,000 | $140,000 | 460.0% | 0.0% |
| Truliant Federal Credit Union | $955,000 | $135,000 | -85.9% | 0.0% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $125,000 | n/a | 0.0% | |
| Park Lane Finance Solutions, LLC | $375,000 | $125,000 | -66.7% | 0.0% |
| RESIDENTIAL MORTGAGE SERVICES, INC. | $820,000 | $125,000 | -84.8% | 0.0% |
| RESOURCE FINANCIAL SERVICES, INC. | $315,000 | $125,000 | -60.3% | 0.0% |
| Bank of England | $710,000 | $115,000 | -83.8% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $115,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $115,000 | n/a | 0.0% | |
| FIRST FLIGHT FEDERAL CREDIT UNION | $115,000 | n/a | 0.0% | |
| REVERSE MORTGAGE FUNDING LLC | $115,000 | n/a | 0.0% | |
| Elements Financial Federal Credit Union | $105,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $105,000 | n/a | 0.0% | |
| Northpointe Bank | $105,000 | n/a | 0.0% | |
| ON Q FINANCIAL, INC. | $200,000 | $105,000 | -47.5% | 0.0% |
| ALLEGACY FEDERAL CREDIT UNION | $95,000 | n/a | 0.0% | |
| FINANCE OF AMERICA MORTGAGE LLC | $95,000 | n/a | 0.0% | |
| RBC Bank, (Georgia) | $95,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $85,000 | n/a | 0.0% | |
| EMBRACE HOME LOANS, INC. | $205,000 | $85,000 | -58.5% | 0.0% |
| Armed Forces Bank | $75,000 | n/a | 0.0% | |
| RTP Federal Credit Union | $35,000 | $75,000 | 114.3% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $65,000 | n/a | 0.0% | |
| CORNING | $55,000 | n/a | 0.0% | |
| TIAA, FSB | $225,000 | $55,000 | -75.6% | 0.0% |
| OPEN MORTGAGE, LLC | $45,000 | n/a | 0.0% | |
| South State Bank | $45,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $25,000 | $15,000 | -40.0% | 0.0% |
ROCKY MOUNT's top lender by overall market share is STATE EMPLOYEES', with 11.7% market share. In second place, with 9.2%, is QUICKEN LOANS, LLC, having originated $69,600,000 in loans. In third place, with 8.0%, is Southern Bank and Trust Company, having originated $60,355,000 in loans. In third place, with 4.6%, is Truist Bank, having originated $34,705,000 in loans. In third place, with 3.2%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $23,900,000 in loans.
ROCKY MOUNT, NC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,877 | $373,695,000 | $199,092 |
| Refi | 1,537 | $252,815,000 | $164,486 |
| Cash Out Refi | 578 | $99,660,000 | $172,422 |
| Other | 253 | $18,345,000 | $72,510 |
| Home Improvement | 145 | $10,115,000 | $69,759 |
Rocky Mount's most frequently cited loan purpose was Home Purchase, with 1,877 originations. The 2nd most popular reason was Refi, with 1,537 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 1,731 | $286,045,000 | $165,248 |
| 3-4% | 1,635 | $296,515,000 | $181,355 |
| <2.5% | 632 | $113,980,000 | $180,348 |
| 4-5% | 191 | $27,845,000 | $145,785 |
| Over 8% | 56 | $5,260,000 | $93,929 |
| 5-6% | 49 | $5,795,000 | $118,265 |
| 6-7% | 33 | $3,985,000 | $120,758 |
| 7-8% | 21 | $2,375,000 | $113,095 |
During 2021, Rocky Mount's most frequently originated rate bucket was 2.5-3%, with 1,731 originations.
Loan Sizing (ROCKY MOUNT, NC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,949 | $285,945,000 | $146,714 |
| $200k-400k | 1,313 | $342,205,000 | $260,628 |
| $100,000 or less | 1,024 | $64,890,000 | $63,369 |
| $400k-600k | 85 | $39,155,000 | $460,647 |
| $600k-1000k | 13 | $9,925,000 | $763,462 |
| $Over $1MM | 6 | $12,510,000 | $2,085,000 |
ROCKY MOUNT's loan sizing saw the bucket of loans from $100k-200k with 1,949 originations, totaling $285,945,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,928 | $384,850,000 | $199,611 |
| 60-80% | 1,259 | $223,085,000 | $177,192 |
| 40-60% | 469 | $61,625,000 | $131,397 |
| 20-40% | 263 | $19,545,000 | $74,316 |
| Under 20% | 196 | $6,350,000 | $32,398 |
| Over 100% | 93 | $22,055,000 | $237,151 |
ROCKY MOUNT's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,928 originations, totaling $384,850,000 in origination value.
Market Conditions (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 | $134,250 (7.5%) | $172,401 (7.3%) | 0.49 | 558 |
| 2018-02-01 | $132,500 (13.7%) | $173,741 (-2.0%) | 0.48 | 519 |
| 2018-03-01 | $135,000 (17.4%) | $177,569 (3.2%) | 0.47 | 508 |
| 2018-04-01 | $146,745 (23.8%) | $182,108 (5.5%) | 0.49 | 516 |
| 2018-05-01 | $131,995 (10.2%) | $173,369 (0.1%) | 0.44 | 583 |
| 2018-06-01 | $132,900 (8.1%) | $172,284 (2.5%) | 0.44 | 580 |
| 2018-07-01 | $137,777 (10.3%) | $175,550 (5.9%) | 0.46 | 560 |
| 2018-08-01 | $144,990 (15.4%) | $182,121 (11.3%) | 0.48 | 550 |
| 2018-09-01 | $143,490 (13.9%) | $180,507 (9.5%) | 0.48 | 526 |
| 2018-10-01 | $139,900 (7.9%) | $177,467 (5.7%) | 0.47 | 502 |
| 2018-11-01 | $135,295 (4.1%) | $173,637 (1.5%) | 0.45 | 495 |
| 2018-12-01 | $137,777 (4.0%) | $175,416 (2.3%) | 0.47 | 457 |
| 2019-01-01 | $134,400 (0.1%) | $173,823 (0.8%) | 0.46 | 468 |
| 2019-02-01 | $134,950 (1.9%) | $173,290 (-0.3%) | 0.45 | 470 |
| 2019-03-01 | $135,000 (0.0%) | $176,817 (-0.4%) | 0.44 | 478 |
| 2019-04-01 | $135,000 (-8.0%) | $180,575 (-0.8%) | 0.43 | 479 |
| 2019-05-01 | $140,950 (6.8%) | $184,191 (6.2%) | 0.43 | 461 |
| 2019-06-01 | $139,000 (4.6%) | $190,631 (10.7%) | 0.43 | 434 |
| 2019-07-01 | $140,700 (2.1%) | $195,531 (11.4%) | 0.44 | 423 |
| 2019-08-01 | $140,857 (-2.9%) | $193,611 (6.3%) | 0.44 | 427 |
| 2019-09-01 | $139,950 (-2.5%) | $190,370 (5.5%) | 0.44 | 427 |
| 2019-10-01 | $134,995 (-3.5%) | $181,869 (2.5%) | 0.43 | 417 |
| 2019-11-01 | $138,490 (2.4%) | $182,384 (5.0%) | 0.45 | 399 |
| 2019-12-01 | $169,000 (22.7%) | $191,906 (9.4%) | 0.56 | 393 |
| 2020-01-01 | $167,500 (24.6%) | $196,846 (13.3%) | 0.56 | 381 |
| 2020-02-01 | $177,900 (31.8%) | $199,345 (15.0%) | 0.57 | 372 |
| 2020-03-01 | $199,900 (48.1%) | $209,216 (18.3%) | 0.62 | 374 |
| 2020-04-01 | $197,200 (46.1%) | $211,261 (17.0%) | 0.61 | 352 |
| 2020-05-01 | $184,000 (30.5%) | $212,490 (15.4%) | 0.56 | 307 |
| 2020-06-01 | $192,200 (38.3%) | $221,033 (16.0%) | 0.56 | 247 |
| 2020-07-01 | $198,200 (40.9%) | $230,145 (17.7%) | 0.57 | 222 |
| 2020-08-01 | $190,000 (34.9%) | $237,171 (22.5%) | 0.54 | 187 |
| 2020-09-01 | $188,500 (34.7%) | $244,672 (28.5%) | 0.54 | 178 |
| 2020-10-01 | $209,900 (55.5%) | $252,182 (38.7%) | 0.60 | 199 |
| 2020-11-01 | $219,450 (58.5%) | $248,839 (36.4%) | 0.63 | 195 |
| 2020-12-01 | $209,950 (24.2%) | $242,696 (26.5%) | 0.62 | 200 |
| 2021-01-01 | $214,800 (28.2%) | $239,221 (21.5%) | 0.63 | 178 |
| 2021-02-01 | $196,250 (10.3%) | $246,232 (23.5%) | 0.56 | 145 |
| 2021-03-01 | $202,000 (1.1%) | $251,241 (20.1%) | 0.57 | 136 |
| 2021-04-01 | $226,750 (15.0%) | $255,973 (21.2%) | 0.61 | 134 |
| 2021-05-01 | $229,999 (25.0%) | $264,804 (24.6%) | 0.61 | 125 |
| 2021-06-01 | $219,950 (14.4%) | $252,247 (14.1%) | 0.57 | 142 |
| 2021-07-01 | $195,450 (-1.4%) | $227,565 (-1.1%) | 0.51 | 164 |
| 2021-08-01 | $203,245 (7.0%) | $253,397 (6.8%) | 0.53 | 212 |
| 2021-09-01 | $204,195 (8.3%) | $254,969 (4.2%) | 0.54 | 236 |
| 2021-10-01 | $224,900 (7.2%) | $266,037 (5.5%) | 0.59 | 209 |
| 2021-11-01 | $214,950 (-2.1%) | $256,128 (2.9%) | 0.57 | 232 |
| 2021-12-01 | $223,995 (6.7%) | $264,207 (8.9%) | 0.60 | 206 |
| 2022-01-01 | $236,490 (10.1%) | $274,752 (14.9%) | 0.63 | 177 |
| 2022-02-01 | $239,900 (22.2%) | $258,431 (5.0%) | 0.61 | 127 |
| 2022-03-01 | $232,500 (15.1%) | $257,436 (2.5%) | 0.57 | 108 |
| 2022-04-01 | $229,900 (1.4%) | $252,037 (-1.5%) | 0.54 | 123 |
ROCKY MOUNT's median listing price for 2022-04-01 was $229,900, a difference of
$3,150
(1.4%) versus the prior year and
$-2,600 versus the prior month.
ROCKY MOUNT's median listing price comes in at 54% of the national average.
ROCKY MOUNT's average listing price for 2022-04-01 was $252,037, a difference of $-3,936 (-1.5%) versus the prior year and $-5,399 versus the prior month.
For the 2022-04-01 period, ROCKY MOUNT had 123 MLS listings, a difference of 15 listings (14%) versus the prior month and -11 listings (-8%) versus the prior year.
ROCKY MOUNT's median listing price comes in at 54% of the national average.
ROCKY MOUNT's average listing price for 2022-04-01 was $252,037, a difference of $-3,936 (-1.5%) versus the prior year and $-5,399 versus the prior month.
For the 2022-04-01 period, ROCKY MOUNT had 123 MLS listings, a difference of 15 listings (14%) versus the prior month and -11 listings (-8%) 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 | 128 days | 1,768 sqft |
| 2018-02-01 | 129 days | 1,709 sqft |
| 2018-03-01 | 116 days | 1,765 sqft |
| 2018-04-01 | 102 days | 1,815 sqft |
| 2018-05-01 | 73 days | 1,666 sqft |
| 2018-06-01 | 79 days | 1,672 sqft |
| 2018-07-01 | 82 days | 1,702 sqft |
| 2018-08-01 | 98 days | 1,773 sqft |
| 2018-09-01 | 119 days | 1,767 sqft |
| 2018-10-01 | 122 days | 1,740 sqft |
| 2018-11-01 | 119 days | 1,740 sqft |
| 2018-12-01 | 120 days | 1,757 sqft |
| 2019-01-01 | 118 days | 1,747 sqft |
| 2019-02-01 | 102 days | 1,736 sqft |
| 2019-03-01 | 96 days | 1,754 sqft |
| 2019-04-01 | 87 days | 1,768 sqft |
| 2019-05-01 | 87 days | 1,775 sqft |
| 2019-06-01 | 90 days | 1,773 sqft |
| 2019-07-01 | 101 days | 1,748 sqft |
| 2019-08-01 | 93 days | 1,726 sqft |
| 2019-09-01 | 86 days | 1,702 sqft |
| 2019-10-01 | 82 days | 1,667 sqft |
| 2019-11-01 | 83 days | 1,696 sqft |
| 2019-12-01 | 78 days | 1,747 sqft |
| 2020-01-01 | 88 days | 1,689 sqft |
| 2020-02-01 | 81 days | 1,756 sqft |
| 2020-03-01 | 65 days | 1,920 sqft |
| 2020-04-01 | 70 days | 1,914 sqft |
| 2020-05-01 | 84 days | 1,870 sqft |
| 2020-06-01 | 97 days | 1,904 sqft |
| 2020-07-01 | 79 days | 1,899 sqft |
| 2020-08-01 | 71 days | 1,812 sqft |
| 2020-09-01 | 50 days | 1,768 sqft |
| 2020-10-01 | 41 days | 1,772 sqft |
| 2020-11-01 | 45 days | 1,825 sqft |
| 2020-12-01 | 62 days | 1,774 sqft |
| 2021-01-01 | 67 days | 1,777 sqft |
| 2021-02-01 | 52 days | 1,839 sqft |
| 2021-03-01 | 50 days | 1,802 sqft |
| 2021-04-01 | 42 days | 1,892 sqft |
| 2021-05-01 | 43 days | 1,943 sqft |
| 2021-06-01 | 33 days | 1,979 sqft |
| 2021-07-01 | 40 days | 1,793 sqft |
| 2021-08-01 | 37 days | 1,763 sqft |
| 2021-09-01 | 37 days | 1,768 sqft |
| 2021-10-01 | 38 days | 1,844 sqft |
| 2021-11-01 | 43 days | 1,787 sqft |
| 2021-12-01 | 45 days | 1,757 sqft |
| 2022-01-01 | 49 days | 1,780 sqft |
| 2022-02-01 | 61 days | 1,637 sqft |
| 2022-03-01 | 40 days | 1,640 sqft |
| 2022-04-01 | 31 days | 1,648 sqft |
ROCKY MOUNT's median listing age (time on market) for 2022-04-01 was 31 days.
This
is -26%
shorter
than the same period one year ago.
ROCKY MOUNT's median square footage for active listings during the 2022-04-01 period was 1,648 sqft. One year prior, the average listing was 1,892 sqft.
ROCKY MOUNT's median square footage for active listings during the 2022-04-01 period was 1,648 sqft. One year prior, the average listing was 1,892 sqft.
