TACOMA - LAKEWOOD Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Tacoma - Lakewood averaged
6.99%
for the week of 2024-01-25, compared to the national average of
6.69% for the same period.
The average rate for the prior week (2024-01-18) was
6.9% and
one month ago for the week of 2023-12-21, the
average rate was 6.67%.
Tacoma - Lakewood's average rate one year ago was 6.45%.
For refis of the same type during the week of 2024-01-25, the average rate
was 7.09%.
Loan Type |
Date |
Rate |
US 30 Year Fixed Rate |
2024-01-25 |
6.69% |
Tacoma - Lakewood 30 Year Fixed Rate |
2024-01-25 |
6.99% |
Tacoma - Lakewood 30 Year Fixed Rate Refi |
2024-01-25 |
7.09% |
Tacoma - Lakewood 15 Year Fixed Rate |
2024-01-25 |
5.96% |
Tacoma - Lakewood 15 Year Fixed Rate Refi |
2024-01-25 |
5.96% |
Tacoma - Lakewood 30 Year FHA |
2024-01-25 |
6.69% |
Tacoma - Lakewood 30 Year FHA Refi |
2024-01-25 |
6.79% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within TACOMA-LAKEWOOD, WA.
TACOMA - LAKEWOOD 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 TACOMA-LAKEWOOD, WA 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 |
TACOMA-LAKEWOOD, WA 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 |
TACOMA - LAKEWOOD Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - TACOMA - LAKEWOOD (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 |
$494,914 (13.3%) |
$817,526 (17.5%) |
1.83 |
2,935 |
2018-02-01 |
$522,475 (13.7%) |
$837,160 (12.5%) |
1.90 |
2,977 |
2018-03-01 |
$550,000 (14.9%) |
$855,943 (13.2%) |
1.93 |
3,291 |
2018-04-01 |
$560,350 (13.0%) |
$860,602 (10.6%) |
1.90 |
3,915 |
2018-05-01 |
$571,700 (14.5%) |
$860,476 (9.9%) |
1.91 |
4,775 |
2018-06-01 |
$575,000 (15.0%) |
$858,054 (10.4%) |
1.92 |
5,926 |
2018-07-01 |
$565,925 (13.3%) |
$823,717 (7.1%) |
1.89 |
7,217 |
2018-08-01 |
$551,484 (13.1%) |
$794,999 (6.7%) |
1.85 |
8,156 |
2018-09-01 |
$549,950 (12.5%) |
$784,324 (4.7%) |
1.85 |
9,205 |
2018-10-01 |
$552,500 (12.8%) |
$782,006 (3.0%) |
1.87 |
9,384 |
2018-11-01 |
$549,998 (11.7%) |
$781,755 (0.8%) |
1.86 |
8,294 |
2018-12-01 |
$550,000 (11.1%) |
$789,581 (-0.7%) |
1.90 |
6,850 |
2019-01-01 |
$562,475 (13.7%) |
$817,163 (0.0%) |
1.94 |
5,558 |
2019-02-01 |
$593,998 (13.7%) |
$859,546 (2.7%) |
2.01 |
5,429 |
2019-03-01 |
$608,711 (10.7%) |
$873,950 (2.1%) |
1.99 |
5,655 |
2019-04-01 |
$627,445 (12.0%) |
$899,002 (4.5%) |
1.99 |
5,935 |
2019-05-01 |
$623,714 (9.1%) |
$881,335 (2.4%) |
1.95 |
7,098 |
2019-06-01 |
$614,950 (7.0%) |
$859,290 (0.1%) |
1.92 |
7,807 |
2019-07-01 |
$599,995 (6.0%) |
$850,226 (3.2%) |
1.88 |
7,784 |
2019-08-01 |
$595,836 (8.0%) |
$841,704 (5.9%) |
1.89 |
8,177 |
2019-09-01 |
$589,741 (7.2%) |
$834,131 (6.4%) |
1.89 |
8,311 |
2019-10-01 |
$585,677 (6.0%) |
$829,082 (6.0%) |
1.89 |
8,319 |
2019-11-01 |
$579,000 (5.3%) |
$833,943 (6.7%) |
1.90 |
6,739 |
2019-12-01 |
$579,950 (5.5%) |
$846,363 (7.2%) |
1.93 |
4,768 |
2020-01-01 |
$587,500 (4.5%) |
$867,130 (6.1%) |
1.96 |
3,866 |
2020-02-01 |
$599,900 (1.0%) |
$889,510 (3.5%) |
1.96 |
3,790 |
2020-03-01 |
$606,495 (-0.4%) |
$882,234 (1.0%) |
1.90 |
4,299 |
2020-04-01 |
$599,950 (-4.4%) |
$851,077 (-5.3%) |
1.88 |
4,888 |
2020-05-01 |
$608,000 (-2.5%) |
$859,906 (-2.4%) |
1.85 |
5,649 |
2020-06-01 |
$621,498 (1.1%) |
$887,354 (3.3%) |
1.83 |
5,729 |
2020-07-01 |
$627,000 (4.5%) |
$896,058 (5.4%) |
1.82 |
5,735 |
2020-08-01 |
$625,000 (4.9%) |
$885,121 (5.2%) |
1.79 |
5,959 |
2020-09-01 |
$624,999 (6.0%) |
$885,251 (6.1%) |
1.79 |
6,059 |
2020-10-01 |
$619,990 (5.9%) |
$890,134 (7.4%) |
1.78 |
5,838 |
2020-11-01 |
$626,725 (8.2%) |
$922,318 (10.6%) |
1.83 |
4,129 |
2020-12-01 |
$624,975 (7.8%) |
$930,668 (10.0%) |
1.86 |
3,092 |
2021-01-01 |
$638,000 (8.6%) |
$958,591 (10.6%) |
1.90 |
2,424 |
2021-02-01 |
$648,625 (8.1%) |
$953,436 (7.2%) |
1.89 |
2,219 |
2021-03-01 |
$652,500 (7.6%) |
$924,093 (4.7%) |
1.85 |
2,584 |
2021-04-01 |
$669,975 (11.7%) |
$940,369 (10.5%) |
1.81 |
2,763 |
2021-05-01 |
$679,900 (11.8%) |
$946,099 (10.0%) |
1.81 |
2,937 |
2021-06-01 |
$683,725 (10.0%) |
$944,575 (6.5%) |
1.80 |
3,424 |
2021-07-01 |
$689,950 (10.0%) |
$943,656 (5.3%) |
1.82 |
3,641 |
2021-08-01 |
$674,975 (8.0%) |
$912,385 (3.1%) |
1.80 |
3,753 |
2021-09-01 |
$675,000 (8.0%) |
$918,542 (3.8%) |
1.80 |
3,744 |
2021-10-01 |
$675,000 (8.9%) |
$939,780 (5.6%) |
1.80 |
3,324 |
2021-11-01 |
$674,995 (7.7%) |
$947,493 (2.7%) |
1.80 |
2,510 |
2021-12-01 |
$662,500 (6.0%) |
$933,507 (0.3%) |
1.79 |
1,660 |
2022-01-01 |
$685,000 (7.4%) |
$1,001,387 (4.5%) |
1.85 |
1,315 |
2022-02-01 |
$722,450 (11.4%) |
$1,051,274 (10.3%) |
1.88 |
1,539 |
2022-03-01 |
$749,950 (14.9%) |
$1,075,930 (16.4%) |
1.88 |
1,867 |
2022-04-01 |
$799,950 (19.4%) |
$1,128,806 (20.0%) |
1.91 |
2,207 |
2022-05-01 |
$824,995 (21.3%) |
$1,161,979 (22.8%) |
1.89 |
3,971 |
2022-06-01 |
$802,495 (17.4%) |
$1,135,816 (20.3%) |
1.79 |
5,457 |
2022-07-01 |
$789,950 (14.5%) |
$1,083,308 (14.8%) |
1.78 |
6,954 |
2022-08-01 |
$774,950 (14.8%) |
$1,075,090 (17.8%) |
1.79 |
6,961 |
2022-09-01 |
$762,485 (13.0%) |
$1,078,846 (17.5%) |
1.78 |
6,694 |
2022-10-01 |
$750,000 (11.1%) |
$1,060,491 (12.8%) |
1.76 |
6,701 |
2022-11-01 |
$737,450 (9.3%) |
$1,056,940 (11.6%) |
1.77 |
6,006 |
2022-12-01 |
$725,000 (9.4%) |
$1,038,754 (11.3%) |
1.79 |
4,559 |
2023-01-01 |
$727,000 (6.1%) |
$1,042,070 (4.1%) |
1.80 |
3,674 |
2023-02-01 |
$749,950 (3.8%) |
$1,105,889 (5.2%) |
1.81 |
3,116 |
2023-03-01 |
$789,225 (5.2%) |
$1,177,299 (9.4%) |
1.86 |
3,106 |
2023-04-01 |
$825,000 (3.1%) |
$1,236,224 (9.5%) |
1.92 |
3,165 |
2023-05-01 |
$822,500 (-0.3%) |
$1,235,201 (6.3%) |
1.87 |
3,543 |
2023-06-01 |
$824,500 (2.7%) |
$1,225,756 (7.9%) |
1.85 |
4,090 |
2023-07-01 |
$815,000 (3.2%) |
$1,242,311 (14.7%) |
1.85 |
4,267 |
2023-08-01 |
$799,475 (3.2%) |
$1,226,323 (14.1%) |
1.84 |
4,504 |
2023-09-01 |
$799,000 (4.8%) |
$1,215,186 (12.6%) |
1.86 |
4,774 |
2023-10-01 |
$792,250 (5.6%) |
$1,179,771 (11.3%) |
1.86 |
4,808 |
2023-11-01 |
$752,413 (2.0%) |
$1,110,443 (5.1%) |
1.79 |
5,293 |
2023-12-01 |
$749,000 (3.3%) |
$1,088,306 (4.8%) |
1.83 |
4,177 |
TACOMA - LAKEWOOD's median listing price for 2023-12-01 was $749,000, a difference of
$24,000
(3.3%) versus the prior year and
$-3,413 versus the prior month.
TACOMA - LAKEWOOD's median listing price comes in at 183% of the national average.
TACOMA - LAKEWOOD's average listing price for 2023-12-01 was $1,088,306, a difference of
$49,552
(4.8%) versus the prior year and
$-22,137 versus the prior month.
For the 2023-12-01 period, TACOMA - LAKEWOOD had 4,177 MLS listings, a difference of
-1,116 listings
(-21%)
versus the prior month and
-382 listings
(-8%)
versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - TACOMA - LAKEWOOD (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date |
Median Listing Time on Market |
Median Square Footage |
2018-01-01 |
43 days |
2,184 sqft |
2018-02-01 |
26 days |
2,179 sqft |
2018-03-01 |
22 days |
2,172 sqft |
2018-04-01 |
22 days |
2,153 sqft |
2018-05-01 |
19 days |
2,180 sqft |
2018-06-01 |
22 days |
2,180 sqft |
2018-07-01 |
29 days |
2,136 sqft |
2018-08-01 |
30 days |
2,104 sqft |
2018-09-01 |
36 days |
2,041 sqft |
2018-10-01 |
38 days |
2,036 sqft |
2018-11-01 |
45 days |
2,018 sqft |
2018-12-01 |
59 days |
2,040 sqft |
2019-01-01 |
63 days |
2,085 sqft |
2019-02-01 |
42 days |
2,141 sqft |
2019-03-01 |
33 days |
2,137 sqft |
2019-04-01 |
24 days |
2,160 sqft |
2019-05-01 |
28 days |
2,117 sqft |
2019-06-01 |
31 days |
2,110 sqft |
2019-07-01 |
37 days |
2,110 sqft |
2019-08-01 |
39 days |
2,084 sqft |
2019-09-01 |
41 days |
2,059 sqft |
2019-10-01 |
43 days |
2,045 sqft |
2019-11-01 |
50 days |
2,020 sqft |
2019-12-01 |
61 days |
2,044 sqft |
2020-01-01 |
65 days |
2,052 sqft |
2020-02-01 |
31 days |
2,065 sqft |
2020-03-01 |
23 days |
2,089 sqft |
2020-04-01 |
31 days |
2,078 sqft |
2020-05-01 |
35 days |
2,054 sqft |
2020-06-01 |
31 days |
2,036 sqft |
2020-07-01 |
30 days |
2,009 sqft |
2020-08-01 |
30 days |
1,920 sqft |
2020-09-01 |
33 days |
1,840 sqft |
2020-10-01 |
35 days |
1,773 sqft |
2020-11-01 |
41 days |
1,708 sqft |
2020-12-01 |
48 days |
1,686 sqft |
2021-01-01 |
43 days |
1,660 sqft |
2021-02-01 |
29 days |
1,678 sqft |
2021-03-01 |
23 days |
1,748 sqft |
2021-04-01 |
23 days |
1,773 sqft |
2021-05-01 |
20 days |
1,800 sqft |
2021-06-01 |
20 days |
1,820 sqft |
2021-07-01 |
23 days |
1,826 sqft |
2021-08-01 |
26 days |
1,825 sqft |
2021-09-01 |
29 days |
1,856 sqft |
2021-10-01 |
33 days |
1,846 sqft |
2021-11-01 |
35 days |
1,825 sqft |
2021-12-01 |
39 days |
1,794 sqft |
2022-01-01 |
37 days |
1,793 sqft |
2022-02-01 |
16 days |
1,820 sqft |
2022-03-01 |
17 days |
1,888 sqft |
2022-04-01 |
16 days |
1,964 sqft |
2022-05-01 |
16 days |
2,068 sqft |
2022-06-01 |
22 days |
2,050 sqft |
2022-07-01 |
28 days |
2,040 sqft |
2022-08-01 |
34 days |
2,026 sqft |
2022-09-01 |
39 days |
2,010 sqft |
2022-10-01 |
39 days |
1,970 sqft |
2022-11-01 |
45 days |
1,953 sqft |
2022-12-01 |
59 days |
1,960 sqft |
2023-01-01 |
65 days |
1,950 sqft |
2023-02-01 |
43 days |
1,980 sqft |
2023-03-01 |
32 days |
2,050 sqft |
2023-04-01 |
31 days |
2,030 sqft |
2023-05-01 |
29 days |
2,037 sqft |
2023-06-01 |
29 days |
2,037 sqft |
2023-07-01 |
33 days |
2,040 sqft |
2023-08-01 |
33 days |
2,003 sqft |
2023-09-01 |
37 days |
1,989 sqft |
2023-10-01 |
38 days |
1,960 sqft |
2023-11-01 |
45 days |
1,913 sqft |
2023-12-01 |
57 days |
1,888 sqft |
TACOMA - LAKEWOOD's median listing age (time on market) for 2023-12-01 was 57 days.
This
is -3%
shorter
than the same period one year ago.
TACOMA - LAKEWOOD's median square footage for active listings during the 2023-12-01 period was
1,888 sqft. One year prior, the average listing was
1,960 sqft.
TACOMA-LAKEWOOD, WA Market Loan Reason
Loan Purpose |
Originations |
Total Value |
Average Loan |
Interest Rate Frequencies
Loan Rate |
Originations |
Total Value |
Average Loan |
Loan Sizing (TACOMA-LAKEWOOD, WA MSA)
Loan Size |
Originations |
Total Value |
Average Loan |
LTV Distribution
Loan to Value |
Originations |
Total Value |
Average Loan |