Washington Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Washington averaged
6.18%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
5.98% and
one month ago for the week of 2024-09-05, the
average rate was 6.31%.
Washington's average rate one year ago was 7.05%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.22%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Washington 30 Year Fixed Rate | 2024-10-10 | 6.18% |
Washington 30 Year Fixed Rate Refi | 2024-10-10 | 6.22% |
Washington 15 Year Fixed Rate | 2024-10-10 | 5.41% |
Washington 15 Year Fixed Rate Refi | 2024-10-10 | 5.31% |
Washington 30 Year FHA | 2024-10-10 | 6.2% |
Washington 30 Year FHA Refi | 2024-10-10 | 6.3% |
Washington 30 Year USDA | 2024-10-10 | 6.08% |
Washington 30 Year USDA Refi | 2024-10-10 | 6.28% |
Washington 30 Year VA | 2024-10-10 | 5.85% |
Washington 30 Year VA Refi | 2024-10-10 | 5.65% |
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.).
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. LouisDate | 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 |
2024-04-01 | $442,425 (34.1%) | $476,305 (9.5%) | 0.00 | 92 |
2024-05-01 | $414,000 (22.1%) | $476,398 (-1.1%) | 0.00 | 105 |
2024-06-01 | $395,000 (21.8%) | $459,682 (-5.2%) | 0.00 | 128 |
2024-07-01 | $396,000 (16.8%) | $455,430 (-3.6%) | 0.00 | 113 |
2024-08-01 | $377,750 (12.6%) | $459,181 (-3.1%) | 0.00 | 119 |
2024-09-01 | $378,625 (8.2%) | $440,712 (-8.0%) | 0.00 | 129 |
Washington's median listing price comes in at 0% of the national average.
Washington's average listing price for 2024-09-01 was $440,712, a difference of $-38,541 (-8.0%) versus the prior year and $-18,469 versus the prior month.
For the 2024-09-01 period, Washington had 129 MLS listings, a difference of 10 listings (8%) versus the prior month and 57 listings (79%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Washington (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | 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 |
2024-04-01 | 0 days | 1,966 sqft |
2024-05-01 | 0 days | 1,952 sqft |
2024-06-01 | 0 days | 1,872 sqft |
2024-07-01 | 0 days | 1,852 sqft |
2024-08-01 | 0 days | 1,851 sqft |
2024-09-01 | 0 days | 1,853 sqft |
Washington's median square footage for active listings during the 2024-09-01 period was 1,853 sqft. One year prior, the average listing was 2,120 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.