Washington Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Washington averaged 6.54% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 6.38% and one month ago for the week of 2024-03-07, the average rate was 6.54%.

Washington's average rate one year ago was 6.04%.

For refis of the same type during the week of 2024-04-11, the average rate was 6.88%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
Washington 30 Year Fixed Rate 2024-04-11 6.54%
Washington 30 Year Fixed Rate Refi 2024-04-11 6.88%
Washington 15 Year Fixed Rate 2024-04-11 6.06%
Washington 15 Year Fixed Rate Refi 2024-04-11 6.76%
Washington 30 Year FHA 2024-04-11 6.74%
Washington 30 Year FHA Refi 2024-04-11 6.74%
Washington 30 Year USDA 2024-04-11 6.61%
Washington 30 Year USDA Refi 2024-04-11 6.61%
Washington 30 Year VA 2024-04-11 6.67%
Washington 30 Year VA Refi 2024-04-11 6.67%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Washington, NC.

Washington 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 Washington, 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' 61 6.08% $3,753
QUICKEN LOANS, LLC 21 6.89% $6,640
Southern Bank and Trust Company 19 6.64% $3,304
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 15 6.85% $7,663
DHI MORTGAGE COMPANY, LTD. 14 5.70% $2,208
First Bank 11 5.97% $4,290
Towne Bank 10 6.81% $5,570
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 8 7.12% $6,856
Alcova Mortgage LLC 7 6.36% $5,425
United Bank 7 6.48% $4,959
LOCAL GOVERNMENT FEDERAL CREDIT UNION 6 6.83% $3,825
Truist 6 6.76% $6,948
First-Citizens Bank & Trust Company 6 6.92% $5,212
UNITED WHOLESALE MORTGAGE, LLC 6 7.08% $4,906
NAVY FEDERAL CREDIT UNION 6 7.23% $3,770
MOVEMENT MORTGAGE, LLC 6 7.06% $6,212
WEYCO COMMUNITY CREDIT UNION 3 5.78% $3,432
GUARANTEED RATE, INC. 3 6.36% $5,050
GUILD MORTGAGE COMPANY 3 7.41% $5,047
Mortgage Research Center, LLC 3 7.08% $5,282
Wells Fargo Bank 3 7.38% $2,462
LOANDEPOT.COM, LLC 2 6.88% $3,432
PENNYMAC LOAN SERVICES, LLC 2 6.19% $14,745
VANDERBILT MORTGAGE AND FINANCE, INC. 2 7.56% $5,419
Mr. Cooper ( Nationstar Mortgage ) 2 6.31% $13,274
COASTAL Federal Credit Union 2 6.75% $4,281
Integrity Home Mortgage Corp 2 6.63% $5,724
Bank of America 2 5.50% $8,231
INTERCOASTAL MORTGAGE COMPANY 2 7.49% $3,340
RELIANCE FIRST CAPITAL, LLC 2 6.19% $4,962
NFM, INC. 2 7.38% $3,646
First National Bank of Pennsylvania 2 6.50% $5,884
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 6.50% $8,769
NEWREZ LLC 1 5.88% $6,340
Northpointe Bank 1 6.63% $6,935
North State Bank 1 7.38% $3,908
PENTAGON FEDERAL CREDIT UNION 1 7.00% $6,844
PNC Bank 1 6.75% $3,623
PREMIA MORTGAGE, LLC 1 6.63% $0
Century Mortgage Company DBA Century Lending Company 1 6.00% $2,445
Raymond James Bank 1 5.63% $2,983
RESOURCE FINANCIAL SERVICES, INC. 1 6.38% $4,113
CARDINAL FINANCIAL 1 8.13% $8,502
BROKER SOLUTIONS, INC. 1 6.25% $14,904
TD Bank 1 6.88% $5,596
The Huntington National Bank 1 7.50% $4,900
Third Federal Savings and Loan Association of Cleveland 1 5.44% $295
BNC National Bank 1 5.75% $3,703
Barrington Bank & Trust Company, N.A. 1 6.13% $9,936
Atlantic Coast Mortgage, LLC 1 6.38% $7,819
Fifth Third Bank 1 6.13% $5,102
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.13% $2,915
George Mason Mortgage, LLC 1 6.62% $4,289
Gate City Bank 1 6.75% $5,462
GoPrime Mortgage, Inc. 1 6.62% $6,288
USAA Federal Savings Bank 1 7.38% $3,308
HOMESIDE FINANCIAL, LLC 1 6.99% $4,969
KeyBank 1 6.00% $5,929
LOANPAL, LLC 1 7.50% $5,225
Deere Employees Credit Union 1 7.25% $3,394
MILEND, INC. 1 6.88% $4,673
MORTGAGE ACCESS CORP. 1 7.13% $4,035
American Security Mortgage Corp. 1 6.50% $6,853
Corporate Investors Mortgage Group, Inc. 1 7.13% $5,103
NBKC BANK 1 8.13% $5,412

Washington Average Closing Costs & Other Stats

Washington, NC's 65 lenders originated 848 loans during 2023. The total origination value was $159,170,000, with an average loan value of $187,700.

Washington's average closing costs are $4,376.

The top Washington lender as defined by loan originations is STATE EMPLOYEES', with 61 loans originated. Their average total fees are $3,753, which is $2,888 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Washington lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($2,208), Southern Bank and Trust Company ($3,304), STATE EMPLOYEES' ($3,753), First Bank ($4,290) and Towne Bank ($5,570).

The lowest rate Washington lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.70%), First Bank (5.97%), STATE EMPLOYEES' (6.08%), Southern Bank and Trust Company (6.64%) and Towne Bank (6.81%).

Washington, 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' $36,355,000 $20,570,000 -43.4% 12.9%
Southern Bank and Trust Company $28,150,000 $19,300,000 -31.4% 12.1%
First Bank $12,665,000 $11,580,000 -8.6% 7.3%
DHI MORTGAGE COMPANY, LTD. $7,900,000 n/a 5.0%
United Bank $6,775,000 $7,610,000 12.3% 4.8%
QUICKEN LOANS, LLC $10,475,000 $7,010,000 -33.1% 4.4%
Truist $4,925,000 $6,425,000 30.5% 4.0%
Mortgage Research Center, LLC $4,530,000 $5,520,000 21.9% 3.5%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $2,650,000 $4,715,000 77.9% 3.0%
Towne Bank $5,585,000 $4,630,000 -17.1% 2.9%
First-Citizens Bank & Trust Company $6,730,000 $4,615,000 -31.4% 2.9%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $5,110,000 $3,250,000 -36.4% 2.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $3,810,000 $3,090,000 -18.9% 1.9%
MOVEMENT MORTGAGE, LLC $1,920,000 $2,990,000 55.7% 1.9%
First National Bank of Pennsylvania $3,890,000 $2,965,000 -23.8% 1.9%
UNITED WHOLESALE MORTGAGE, LLC $745,000 $2,705,000 263.1% 1.7%
NAVY FEDERAL CREDIT UNION $2,220,000 $2,635,000 18.7% 1.7%
PENNYMAC LOAN SERVICES, LLC $775,000 $2,245,000 189.7% 1.4%
Alcova Mortgage LLC $4,770,000 $2,105,000 -55.9% 1.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,725,000 $2,105,000 22.0% 1.3%
GUARANTEED RATE, INC. $85,000 $1,745,000 1,952.9% 1.1%
NEW DAY FINANCIAL, LLC $565,000 $1,630,000 188.5% 1.0%
LOANDEPOT.COM, LLC $3,335,000 $1,440,000 -56.8% 0.9%
Bank of America $1,535,000 $1,270,000 -17.3% 0.8%
PNC Bank $1,065,000 $855,000 -19.7% 0.5%
Wells Fargo Bank $5,100,000 $805,000 -84.2% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $1,110,000 $770,000 -30.6% 0.5%
WEYCO COMMUNITY CREDIT UNION $475,000 $725,000 52.6% 0.5%
Gate City Bank $660,000 n/a 0.4%
21ST MORTGAGE CORPORATION $1,005,000 $645,000 -35.8% 0.4%
BROKER SOLUTIONS, INC. $1,535,000 $635,000 -58.6% 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $965,000 $635,000 -34.2% 0.4%
GUILD MORTGAGE COMPANY $635,000 n/a 0.4%
American Security Mortgage Corp. $275,000 $600,000 118.2% 0.4%
COASTAL Federal Credit Union $1,145,000 $550,000 -52.0% 0.3%
CORNERSTONE HOME LENDING, INC. $255,000 $550,000 115.7% 0.3%
RELIANCE FIRST CAPITAL, LLC $890,000 $545,000 -38.8% 0.3%
PENTAGON FEDERAL CREDIT UNION $150,000 $525,000 250.0% 0.3%
PREMIA MORTGAGE, LLC $525,000 n/a 0.3%
USAA Federal Savings Bank $635,000 $515,000 -18.9% 0.3%
MILEND, INC. $255,000 $495,000 94.1% 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $430,000 $490,000 14.0% 0.3%
Barrington Bank & Trust Company, N.A. $380,000 $485,000 27.6% 0.3%
GoPrime Mortgage, Inc. $515,000 $470,000 -8.7% 0.3%
GSF Mortgage Corporation $470,000 n/a 0.3%
MORTGAGE ACCESS CORP. $465,000 n/a 0.3%
North State Bank $860,000 $425,000 -50.6% 0.3%
Raymond James Bank $425,000 n/a 0.3%
Integrity Home Mortgage Corp $420,000 n/a 0.3%
Fifth Third Bank $350,000 $415,000 18.6% 0.3%
CARDINAL FINANCIAL $115,000 $410,000 256.5% 0.3%
INTERCOASTAL MORTGAGE COMPANY $1,015,000 $400,000 -60.6% 0.3%
South State Bank $170,000 $400,000 135.3% 0.3%
Corporate Investors Mortgage Group, Inc. $385,000 n/a 0.2%
ALLEGACY FEDERAL CREDIT UNION $125,000 $370,000 196.0% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $620,000 $365,000 -41.1% 0.2%
BNC National Bank $355,000 n/a 0.2%
First Carolina Bank $345,000 n/a 0.2%
NFM, INC. $165,000 $335,000 103.0% 0.2%
Century Mortgage Company DBA Century Lending Company $315,000 n/a 0.2%
The Huntington National Bank $315,000 n/a 0.2%
United Community Bank $315,000 n/a 0.2%
Atlantic Coast Mortgage, LLC $305,000 n/a 0.2%
Brighton Bank $305,000 n/a 0.2%
CAPITAL CENTER, L.L.C. $420,000 $305,000 -27.4% 0.2%
Pinnacle Bank $55,000 $305,000 454.5% 0.2%
CALCON MUTUAL MORTGAGE LLC $295,000 n/a 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $290,000 n/a 0.2%
DEEPHAVEN MORTGAGE LLC $280,000 n/a 0.2%
Deere Employees Credit Union $440,000 $275,000 -37.5% 0.2%
Third Federal Savings and Loan Association of Cleveland $215,000 $260,000 20.9% 0.2%
KeyBank $505,000 $255,000 -49.5% 0.2%
Northpointe Bank $205,000 $255,000 24.4% 0.2%
FREEDOM MORTGAGE CORPORATION $1,000,000 $250,000 -75.0% 0.2%
Marine Federal Credit Union $245,000 n/a 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $115,000 $245,000 113.0% 0.2%
BETTER MORTGAGE CORPORATION $235,000 n/a 0.1%
LONGBRIDGE FINANCIAL, LLC $235,000 n/a 0.1%
TD Bank $245,000 $225,000 -8.2% 0.1%
FINANCE OF AMERICA REVERSE LLC $85,000 $220,000 158.8% 0.1%
Signature Federal Credit Union $205,000 n/a 0.1%
CIVIC FINANCIAL SERVICES, LLC $195,000 n/a 0.1%
RESOURCE FINANCIAL SERVICES, INC. $195,000 n/a 0.1%
LIMA ONE CAPITAL, LLC $190,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $190,000 n/a 0.1%
Commerce Home Mortgage, Inc. $185,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $375,000 $185,000 -50.7% 0.1%
NEWREZ LLC $240,000 $185,000 -22.9% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $170,000 n/a 0.1%
Mid-Continent Funding, Inc. $130,000 n/a 0.1%
HOMESIDE FINANCIAL, LLC $315,000 $125,000 -60.3% 0.1%
FIRST COMMUNITY MORTGAGE, INC. $115,000 n/a 0.1%
AgCarolina Farm Credit, FLCA $465,000 $105,000 -77.4% 0.1%
Morgan Stanley Private Bank $275,000 $105,000 -61.8% 0.1%
Prosperity Home Mortgage, LLC $1,215,000 $105,000 -91.4% 0.1%
FIRST FLIGHT FEDERAL CREDIT UNION $85,000 n/a 0.1%
JPMorgan Chase Bank $750,000 $85,000 -88.7% 0.1%
LOANPAL, LLC $85,000 n/a 0.1%
NBKC BANK $85,000 n/a 0.1%
Citizens Bank $235,000 $75,000 -68.1% 0.0%
CSL Financial, LLC $255,000 $75,000 -70.6% 0.0%
George Mason Mortgage, LLC $75,000 n/a 0.0%
SOUTHWEST STAGE FUNDING, LLC $405,000 $65,000 -84.0% 0.0%
STOCKTON MORTGAGE CORPORATION $115,000 $65,000 -43.5% 0.0%
Discover Bank $75,000 $55,000 -26.7% 0.0%
Park Lane Finance Solutions, LLC $55,000 n/a 0.0%
TOWER $55,000 n/a 0.0%
Figure Lending LLC $45,000 $45,000 0.0% 0.0%
ROYAL UNITED MORTGAGE LLC $305,000 $35,000 -88.5% 0.0%
Truliant Federal Credit Union $65,000 $35,000 -46.2% 0.0%

Washington's top lender by overall market share is STATE EMPLOYEES', with 12.9% market share. In second place, with 12.1%, is Southern Bank and Trust Company, having originated $19,300,000 in loans. In third place, with 7.3%, is First Bank, having originated $11,580,000 in loans. In fourth place, with 5.0%, is DHI MORTGAGE COMPANY, LTD., having originated $7,900,000 in loans. In fifth place, with 4.8%, is United Bank, having originated $7,610,000 in loans.


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

Realtor.com - Washington (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 $238,750 (19.4%) $260,876 (7.2%) 0.00 317
2018-02-01 $241,800 (10.2%) $260,749 (2.6%) 0.00 312
2018-03-01 $249,900 (1.3%) $263,230 (-0.7%) 0.00 312
2018-04-01 $249,900 (-3.5%) $266,120 (-3.1%) 0.00 335
2018-05-01 $256,950 (-4.2%) $271,863 (-3.4%) 0.00 347
2018-06-01 $249,900 (-9.1%) $278,904 (-3.4%) 0.00 333
2018-07-01 $252,400 (-8.2%) $288,110 (-0.8%) 0.00 326
2018-08-01 $249,900 (-3.5%) $290,313 (2.7%) 0.00 311
2018-09-01 $248,450 (-0.6%) $286,107 (3.1%) 0.00 307
2018-10-01 $245,000 (-1.7%) $281,816 (4.4%) 0.00 292
2018-11-01 $243,700 (-2.5%) $280,461 (3.3%) 0.00 290
2018-12-01 $245,000 (1.0%) $281,559 (6.7%) 0.00 274
2019-01-01 $243,650 (2.1%) $280,720 (7.6%) 0.00 260
2019-02-01 $249,900 (3.4%) $289,286 (10.9%) 0.00 257
2019-03-01 $261,164 (4.5%) $296,656 (12.7%) 0.00 261
2019-04-01 $264,664 (5.9%) $304,056 (14.3%) 0.00 264
2019-05-01 $273,675 (6.5%) $309,234 (13.8%) 0.00 271
2019-06-01 $274,900 (10.0%) $307,481 (10.3%) 0.00 283
2019-07-01 $275,000 (9.0%) $311,912 (8.3%) 0.00 279
2019-08-01 $281,209 (12.5%) $320,331 (10.3%) 0.00 262
2019-09-01 $283,173 (14.0%) $326,608 (14.2%) 0.00 251
2019-10-01 $284,482 (16.1%) $326,354 (15.8%) 0.00 237
2019-11-01 $269,900 (10.8%) $311,402 (11.0%) 0.00 233
2019-12-01 $266,000 (8.6%) $309,519 (9.9%) 0.00 231
2020-01-01 $259,650 (6.6%) $301,137 (7.3%) 0.00 223
2020-02-01 $259,900 (4.0%) $302,889 (4.7%) 0.00 217
2020-03-01 $259,450 (-0.7%) $297,152 (0.2%) 0.00 219
2020-04-01 $254,725 (-3.8%) $295,058 (-3.0%) 0.00 216
2020-05-01 $259,200 (-5.3%) $296,387 (-4.2%) 0.00 196
2020-06-01 $261,250 (-5.0%) $303,696 (-1.2%) 0.00 177
2020-07-01 $259,975 (-5.5%) $310,099 (-0.6%) 0.00 161
2020-08-01 $249,900 (-11.1%) $307,982 (-3.9%) 0.00 153
2020-09-01 $274,825 (-3.0%) $315,722 (-3.3%) 0.00 139
2020-10-01 $255,000 (-10.4%) $309,174 (-5.3%) 0.00 119
2020-11-01 $252,500 (-6.5%) $306,632 (-1.5%) 0.00 108
2020-12-01 $280,625 (5.5%) $354,729 (14.6%) 0.00 96
2021-01-01 $293,000 (12.8%) $376,303 (25.0%) 0.00 89
2021-02-01 $294,000 (13.1%) $380,381 (25.6%) 0.00 71
2021-03-01 $296,392 (14.2%) $370,455 (24.7%) 0.00 69
2021-04-01 $304,367 (19.5%) $381,640 (29.3%) 0.00 64
2021-05-01 $324,950 (25.4%) $388,953 (31.2%) 0.00 61
2021-06-01 $340,950 (30.5%) $396,347 (30.5%) 0.00 57
2021-07-01 $299,000 (15.0%) $366,668 (18.2%) 0.00 65
2021-08-01 $318,000 (27.3%) $382,555 (24.2%) 0.00 68
2021-09-01 $256,200 (-6.8%) $335,883 (6.4%) 0.00 76
2021-10-01 $269,900 (5.8%) $354,688 (14.7%) 0.00 72
2021-11-01 $274,900 (8.9%) $335,172 (9.3%) 0.00 61
2021-12-01 $289,450 (3.1%) $340,700 (-4.0%) 0.00 61
2022-01-01 $259,450 (-11.5%) $335,970 (-10.7%) 0.00 60
2022-02-01 $262,400 (-10.8%) $327,681 (-13.9%) 0.00 53
2022-03-01 $282,500 (-4.7%) $317,007 (-14.4%) 0.00 47
2022-04-01 $322,000 (5.8%) $373,522 (-2.1%) 0.00 53
2022-05-01 $312,000 (-4.0%) $365,549 (-6.0%) 0.00 61
2022-06-01 $322,225 (-5.5%) $384,631 (-3.0%) 0.00 75
2022-07-01 $311,500 (4.2%) $382,100 (4.2%) 0.00 87
2022-08-01 $311,225 (-2.1%) $383,016 (0.1%) 0.00 89
2022-09-01 $288,500 (12.6%) $351,724 (4.7%) 0.00 82
2022-10-01 $312,000 (15.6%) $396,220 (11.7%) 0.00 86
2022-11-01 $306,000 (11.3%) $384,382 (14.7%) 0.00 95
2022-12-01 $308,950 (6.7%) $384,876 (13.0%) 0.00 78
2023-01-01 $299,360 (15.4%) $363,931 (8.3%) 0.00 75
2023-02-01 $309,975 (18.1%) $377,128 (15.1%) 0.00 60
2023-03-01 $329,725 (16.7%) $399,012 (25.9%) 0.00 61
2023-04-01 $329,900 (2.5%) $434,870 (16.4%) 0.00 61
2023-05-01 $339,195 (8.7%) $481,816 (31.8%) 0.00 76
2023-06-01 $324,365 (0.7%) $485,027 (26.1%) 0.00 92
2023-07-01 $339,000 (8.8%) $472,438 (23.6%) 0.00 95
2023-08-01 $335,623 (7.8%) $473,851 (23.7%) 0.00 87
2023-09-01 $349,945 (21.3%) $479,253 (36.3%) 0.00 72
2023-10-01 $375,000 (20.2%) $485,497 (22.5%) 0.00 76
2023-11-01 $372,450 (21.7%) $447,440 (16.4%) 0.00 80
2023-12-01 $375,000 (21.4%) $445,665 (15.8%) 0.00 73
2024-01-01 $389,500 (30.1%) $427,881 (17.6%) 0.00 78
2024-02-01 $373,725 (20.6%) $422,708 (12.1%) 0.00 94
2024-03-01 $399,500 (21.2%) $426,716 (6.9%) 0.00 105
Washington's median listing price for 2024-03-01 was $399,500, a difference of $69,775 (21.2%) versus the prior year and $25,775 versus the prior month.

Washington's median listing price comes in at 0% of the national average.

Washington's average listing price for 2024-03-01 was $426,716, a difference of $27,704 (6.9%) versus the prior year and $4,008 versus the prior month.

For the 2024-03-01 period, Washington had 105 MLS listings, a difference of 11 listings (12%) versus the prior month and 44 listings (72%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Washington (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,052 sqft
2018-02-01 0 days 2,060 sqft
2018-03-01 0 days 2,021 sqft
2018-04-01 0 days 2,004 sqft
2018-05-01 0 days 2,050 sqft
2018-06-01 0 days 2,000 sqft
2018-07-01 0 days 2,050 sqft
2018-08-01 0 days 2,061 sqft
2018-09-01 0 days 2,000 sqft
2018-10-01 0 days 1,975 sqft
2018-11-01 0 days 1,960 sqft
2018-12-01 0 days 1,950 sqft
2019-01-01 0 days 1,948 sqft
2019-02-01 0 days 1,948 sqft
2019-03-01 0 days 1,984 sqft
2019-04-01 0 days 2,030 sqft
2019-05-01 0 days 1,994 sqft
2019-06-01 0 days 2,051 sqft
2019-07-01 0 days 2,051 sqft
2019-08-01 0 days 2,087 sqft
2019-09-01 0 days 2,121 sqft
2019-10-01 0 days 2,144 sqft
2019-11-01 0 days 2,036 sqft
2019-12-01 0 days 2,033 sqft
2020-01-01 0 days 2,006 sqft
2020-02-01 0 days 2,012 sqft
2020-03-01 0 days 2,044 sqft
2020-04-01 0 days 2,024 sqft
2020-05-01 0 days 2,077 sqft
2020-06-01 0 days 2,077 sqft
2020-07-01 0 days 2,083 sqft
2020-08-01 0 days 2,050 sqft
2020-09-01 0 days 2,091 sqft
2020-10-01 0 days 2,100 sqft
2020-11-01 0 days 1,996 sqft
2020-12-01 0 days 2,105 sqft
2021-01-01 0 days 2,180 sqft
2021-02-01 0 days 2,138 sqft
2021-03-01 0 days 2,030 sqft
2021-04-01 0 days 2,140 sqft
2021-05-01 0 days 2,111 sqft
2021-06-01 0 days 1,983 sqft
2021-07-01 0 days 1,908 sqft
2021-08-01 0 days 2,005 sqft
2021-09-01 0 days 1,899 sqft
2021-10-01 0 days 1,977 sqft
2021-11-01 0 days 2,000 sqft
2021-12-01 0 days 2,024 sqft
2022-01-01 0 days 1,842 sqft
2022-02-01 0 days 1,776 sqft
2022-03-01 0 days 1,845 sqft
2022-04-01 0 days 1,863 sqft
2022-05-01 0 days 1,869 sqft
2022-06-01 0 days 1,878 sqft
2022-07-01 0 days 1,785 sqft
2022-08-01 0 days 1,792 sqft
2022-09-01 0 days 1,732 sqft
2022-10-01 0 days 1,787 sqft
2022-11-01 0 days 1,929 sqft
2022-12-01 0 days 2,026 sqft
2023-01-01 0 days 1,869 sqft
2023-02-01 0 days 2,020 sqft
2023-03-01 0 days 2,026 sqft
2023-04-01 0 days 2,028 sqft
2023-05-01 0 days 2,055 sqft
2023-06-01 0 days 2,141 sqft
2023-07-01 0 days 2,030 sqft
2023-08-01 0 days 2,076 sqft
2023-09-01 0 days 2,120 sqft
2023-10-01 0 days 2,117 sqft
2023-11-01 0 days 2,036 sqft
2023-12-01 0 days 1,997 sqft
2024-01-01 0 days 1,842 sqft
2024-02-01 0 days 1,871 sqft
2024-03-01 0 days 1,963 sqft
Washington's median listing age (time on market) for 2024-03-01 was 0 days.

Washington's median square footage for active listings during the 2024-03-01 period was 1,963 sqft. One year prior, the average listing was 2,026 sqft.

Washington, NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 488 $115,420,000 $236,516
Home Improvement 121 $10,185,000 $84,174
Refi 92 $14,290,000 $155,326
Other 91 $8,995,000 $98,846
Cash Out Refi 56 $10,280,000 $183,571

Washington's most frequently cited loan purpose was Home Purchase, with 488 originations. The 2nd most popular reason was Home Improvement, with 121 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 265 $60,285,000 $227,491
7-8% 214 $36,790,000 $171,916
5-6% 164 $36,790,000 $224,329
Over 8% 112 $14,520,000 $129,643
4-5% 72 $8,620,000 $119,722
<2.5% 12 $590,000 $49,167
3-4% 1 $95,000 $95,000

During 2023, Washington's most frequently originated rate bucket was 6-7%, with 265 originations.

Loan Sizing (Washington, NC MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 264 $71,820,000 $272,045
$100,000 or less 260 $14,440,000 $55,538
$100k-200k 260 $37,930,000 $145,885
$400k-600k 48 $23,340,000 $486,250
$600k-1000k 16 $11,640,000 $727,500

Washington's loan sizing saw the bucket of loans from $200k-400k with 264 originations, totaling $71,820,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 297 $73,735,000 $248,266
60-80% 185 $46,585,000 $251,811
Under 20% 128 $6,070,000 $47,422
20-40% 122 $12,570,000 $103,033
40-60% 99 $16,605,000 $167,727
Over 100% 11 $2,185,000 $198,636

Washington's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 297 originations, totaling $73,735,000 in origination value.