Weatherford Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Weatherford averaged 7.06% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

The average rate for the prior week (2024-04-11) was 6.74% and one month ago for the week of 2024-03-14, the average rate was 7%.

Weatherford's average rate one year ago was 6.43%.

For refis of the same type during the week of 2024-04-18, the average rate was 7.6%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-18 7.1%
Weatherford 30 Year Fixed Rate 2024-04-18 7.06%
Weatherford 30 Year Fixed Rate Refi 2024-04-18 7.6%
Weatherford 15 Year Fixed Rate 2024-04-18 6.19%
Weatherford 15 Year Fixed Rate Refi 2024-04-18 6.79%
Weatherford 30 Year FHA 2024-04-18 6.66%
Weatherford 30 Year FHA Refi 2024-04-18 6.76%
Weatherford 30 Year USDA 2024-04-18 6.76%
Weatherford 30 Year USDA Refi 2024-04-18 6.86%
Weatherford 30 Year VA 2024-04-18 6.76%
Weatherford 30 Year VA Refi 2024-04-18 6.66%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Weatherford, OK.

Weatherford 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 Weatherford, OK 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
BancFirst 10 6.80% $4,471
INTERLINC MORTGAGE SERVICES, LLC 9 6.72% $4,844
QUICKEN LOANS, LLC 9 7.01% $5,895
GUARANTEED RATE, INC. 8 6.75% $4,634
InterBank 8 7.63% $2,739
CWM PARTNERS, L.P. 4 6.28% $3,530
JPMorgan Chase Bank 3 6.79% $3,102
SUN WEST MORTGAGE COMPANY, INC. 3 7.75% $6,193
FIRST AMERICAN MORTGAGE, INC. 2 7.18% $3,520
Great Plains National Bank 1 6.00% $8,858
International Bank of Commerce 1 6.25% $3,874
MidFirst Bank 1 5.65% $3,560
OKLAHOMA'S 1 6.25% $817
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.63% $6,371
Truity Federal Credit Union 1 7.13% $2,311
UNITED WHOLESALE MORTGAGE, LLC 1 7.00% $7,558
VALOR BANK 1 7.50% $5,123
AMERICAN FINANCING CORPORATION 1 6.38% $3,692
WEOKIE 1 5.13% $4,937
AMERISAVE MORTGAGE CORPORATION 1 5.38% $12,862
ASSOCIATED MORTGAGE CORPORATION 1 6.88% $3,791
Bank of England 1 6.75% $7,094
BROKER SOLUTIONS, INC. 1 7.75% $6,438
CORNERSTONE HOME LENDING, INC. 1 7.13% $3,501
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.63% $4,010
First United Bank and Trust Company 1 6.88% $4,211
Flagstar Bank, FSB 1 7.13% $4,635

Weatherford Average Closing Costs & Other Stats

Weatherford, OK's 27 lenders originated 277 loans during 2023. The total origination value was $50,455,000, with an average loan value of $182,148.

Weatherford's average closing costs are $4,831.

The top Weatherford lender as defined by loan originations is BancFirst, with 10 loans originated. Their average total fees are $4,471, which is $373 lower than the next largest lender, INTERLINC MORTGAGE SERVICES, LLC.

The lowest fee Weatherford lenders (with over 10 loans originated) are BancFirst ($4,471), .

The lowest rate Weatherford lenders (with over 10 loans originated) are BancFirst (6.80%), .

Weatherford, OK 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
BancFirst $8,160,000 $5,685,000 -30.3% 11.3%
QUICKEN LOANS, LLC $7,805,000 $5,550,000 -28.9% 11.0%
INTERLINC MORTGAGE SERVICES, LLC $5,060,000 $4,985,000 -1.5% 9.9%
GUARANTEED RATE, INC. $7,700,000 $3,525,000 -54.2% 7.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $75,000 $3,345,000 4,360.0% 6.6%
Great Plains National Bank $2,080,000 $3,155,000 51.7% 6.3%
Mortgage Research Center, LLC $1,670,000 $2,510,000 50.3% 5.0%
InterBank $1,965,000 $1,525,000 -22.4% 3.0%
FINANCIAL CONCEPTS MORTGAGE, LLC $525,000 $1,420,000 170.5% 2.8%
UNITED WHOLESALE MORTGAGE, LLC $435,000 $1,160,000 166.7% 2.3%
CWM PARTNERS, L.P. $1,755,000 $1,155,000 -34.2% 2.3%
FIRST AMERICAN MORTGAGE, INC. $1,055,000 $1,025,000 -2.8% 2.0%
VALOR BANK $340,000 $950,000 179.4% 1.9%
SUN WEST MORTGAGE COMPANY, INC. $230,000 $780,000 239.1% 1.5%
GUILD MORTGAGE COMPANY $570,000 $755,000 32.5% 1.5%
Legacy Bank $1,175,000 $640,000 -45.5% 1.3%
MidFirst Bank $485,000 $600,000 23.7% 1.2%
AMERISAVE MORTGAGE CORPORATION $480,000 $540,000 12.5% 1.1%
USAA Federal Savings Bank $510,000 $480,000 -5.9% 1.0%
JPMorgan Chase Bank $210,000 $470,000 123.8% 0.9%
NAVY FEDERAL CREDIT UNION $55,000 $465,000 745.5% 0.9%
BROKER SOLUTIONS, INC. $445,000 n/a 0.9%
First National Bank in Port Lavaca $425,000 n/a 0.8%
United Fidelity Funding Corp. $420,000 n/a 0.8%
First United Bank and Trust Company $970,000 $410,000 -57.7% 0.8%
WEOKIE $315,000 $405,000 28.6% 0.8%
FREEDOM MORTGAGE CORPORATION $330,000 $375,000 13.6% 0.7%
ASSOCIATED MORTGAGE CORPORATION $350,000 n/a 0.7%
SUCCESS MORTGAGE PARTNERS, INC. $350,000 n/a 0.7%
FLAT BRANCH MORTGAGE, INC. $320,000 n/a 0.6%
Ameris Bank $315,000 n/a 0.6%
PRIMELENDING, A PLAINSCAPITAL COMPANY $300,000 n/a 0.6%
PLAZA HOME MORTGAGE, INC. $385,000 $295,000 -23.4% 0.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $215,000 $265,000 23.3% 0.5%
MID AMERICA MORTGAGE, INC. $970,000 $255,000 -73.7% 0.5%
Bank 7 $245,000 n/a 0.5%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $235,000 n/a 0.5%
International Bank of Commerce $225,000 n/a 0.4%
21ST MORTGAGE CORPORATION $305,000 $215,000 -29.5% 0.4%
Nations Lending Corporation $85,000 $215,000 152.9% 0.4%
NFM, INC. $215,000 n/a 0.4%
JMJ FINANCIAL GROUP $205,000 n/a 0.4%
Wells Fargo Bank $705,000 $205,000 -70.9% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $175,000 $180,000 2.9% 0.4%
Tinker Federal Credit Union $25,000 $180,000 620.0% 0.4%
MLD MORTGAGE INC. $155,000 n/a 0.3%
NEWREZ LLC $985,000 $155,000 -84.3% 0.3%
SENTE MORTGAGE, INC. $155,000 n/a 0.3%
Bank of England $145,000 n/a 0.3%
CORNERSTONE HOME LENDING, INC. $910,000 $135,000 -85.2% 0.3%
OKLAHOMA'S $135,000 n/a 0.3%
PENTAGON FEDERAL CREDIT UNION $135,000 n/a 0.3%
Flagstar Bank, FSB $230,000 $125,000 -45.7% 0.2%
Mr. Cooper ( Nationstar Mortgage ) $1,120,000 $125,000 -88.8% 0.2%
Equity Bank $35,000 $115,000 228.6% 0.2%
PENNYMAC LOAN SERVICES, LLC $345,000 $115,000 -66.7% 0.2%
AMERICAN FINANCING CORPORATION $770,000 $105,000 -86.4% 0.2%
LOANDEPOT.COM, LLC $125,000 $105,000 -16.0% 0.2%
COMMUNICATION $25,000 $100,000 300.0% 0.2%
Gateway First Bank $870,000 $100,000 -88.5% 0.2%
AMERICAN FINANCIAL NETWORK, INC. $95,000 n/a 0.2%
Deere Employees Credit Union $625,000 $95,000 -84.8% 0.2%
Oklahoma Educators Credit Union $95,000 n/a 0.2%
American Mortgage Bank, LLC $75,000 n/a 0.1%
Arvest Bank $455,000 $75,000 -83.5% 0.1%
LENDINGHOME FUNDING CORPORATION $75,000 n/a 0.1%
Stride Bank $275,000 $75,000 -72.7% 0.1%
Figure Lending LLC $60,000 n/a 0.1%
Truity Federal Credit Union $45,000 n/a 0.1%
Coastal Community Bank $25,000 n/a 0.0%
PNC Bank $115,000 $25,000 -78.3% 0.0%
U.S. Bank $530,000 $25,000 -95.3% 0.0%
Citizens Bank $15,000 n/a 0.0%

Weatherford's top lender by overall market share is BancFirst, with 11.3% market share. In second place, with 11.0%, is QUICKEN LOANS, LLC, having originated $5,550,000 in loans. In third place, with 9.9%, is INTERLINC MORTGAGE SERVICES, LLC, having originated $4,985,000 in loans. In fourth place, with 7.0%, is GUARANTEED RATE, INC., having originated $3,525,000 in loans. In fifth place, with 6.6%, is VANDERBILT MORTGAGE AND FINANCE, INC., having originated $3,345,000 in loans.


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

Realtor.com - Weatherford (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 $161,100 (-9.5%) $226,277 (-1.1%) 0.00 109
2018-02-01 $160,650 (-8.7%) $221,498 (-3.3%) 0.00 103
2018-03-01 $160,200 (-9.0%) $206,725 (-8.3%) 0.00 105
2018-04-01 $165,950 (-5.7%) $225,528 (0.4%) 0.00 112
2018-05-01 $164,500 (-6.0%) $224,183 (0.1%) 0.00 110
2018-06-01 $162,000 (-9.3%) $199,364 (-18.9%) 0.00 109
2018-07-01 $157,400 (-15.6%) $196,062 (-21.4%) 0.00 109
2018-08-01 $155,675 (-20.0%) $192,928 (-24.0%) 0.00 105
2018-09-01 $160,200 (-17.1%) $194,706 (-24.1%) 0.00 96
2018-10-01 $160,125 (-16.4%) $203,022 (-20.6%) 0.00 93
2018-11-01 $160,200 (-5.7%) $210,714 (-12.2%) 0.00 85
2018-12-01 $161,100 (-0.3%) $212,641 (-6.6%) 0.00 81
2019-01-01 $155,425 (-3.5%) $197,429 (-12.8%) 0.00 87
2019-02-01 $142,450 (-11.3%) $185,184 (-16.4%) 0.00 84
2019-03-01 $148,550 (-7.3%) $197,380 (-4.5%) 0.00 82
2019-04-01 $148,100 (-10.8%) $204,350 (-9.4%) 0.00 88
2019-05-01 $157,450 (-4.3%) $203,760 (-9.1%) 0.00 97
2019-06-01 $174,500 (7.7%) $209,369 (5.0%) 0.00 102
2019-07-01 $169,800 (7.9%) $206,376 (5.3%) 0.00 102
2019-08-01 $166,700 (7.1%) $206,429 (7.0%) 0.00 108
2019-09-01 $169,400 (5.7%) $209,253 (7.5%) 0.00 113
2019-10-01 $173,000 (8.0%) $211,135 (4.0%) 0.00 115
2019-11-01 $176,200 (10.0%) $211,281 (0.3%) 0.00 113
2019-12-01 $177,000 (9.9%) $214,917 (1.1%) 0.00 108
2020-01-01 $176,500 (13.6%) $210,650 (6.7%) 0.00 112
2020-02-01 $174,500 (22.5%) $210,313 (13.6%) 0.00 105
2020-03-01 $179,300 (20.7%) $215,140 (9.0%) 0.00 110
2020-04-01 $183,250 (23.7%) $230,389 (12.7%) 0.00 121
2020-05-01 $179,900 (14.3%) $227,249 (11.5%) 0.00 115
2020-06-01 $188,400 (8.0%) $227,375 (8.6%) 0.00 114
2020-07-01 $190,325 (12.1%) $222,711 (7.9%) 0.00 113
2020-08-01 $199,900 (19.9%) $235,523 (14.1%) 0.00 111
2020-09-01 $217,450 (28.4%) $236,763 (13.2%) 0.00 113
2020-10-01 $199,450 (15.3%) $232,705 (10.2%) 0.00 116
2020-11-01 $198,475 (12.6%) $232,167 (9.9%) 0.00 105
2020-12-01 $198,825 (12.3%) $236,252 (9.9%) 0.00 97
2021-01-01 $198,500 (12.5%) $230,515 (9.4%) 0.00 94
2021-02-01 $187,850 (7.7%) $222,796 (5.9%) 0.00 84
2021-03-01 $196,500 (9.6%) $235,699 (9.6%) 0.00 81
2021-04-01 $182,000 (-0.7%) $207,162 (-10.1%) 0.00 83
2021-05-01 $179,900 (0.0%) $200,770 (-11.7%) 0.00 79
2021-06-01 $176,475 (-6.3%) $192,399 (-15.4%) 0.00 71
2021-07-01 $175,000 (-8.1%) $187,763 (-15.7%) 0.00 80
2021-08-01 $164,225 (-17.9%) $185,315 (-21.3%) 0.00 71
2021-09-01 $159,900 (-26.5%) $184,966 (-21.9%) 0.00 70
2021-10-01 $172,000 (-13.8%) $200,452 (-13.9%) 0.00 68
2021-11-01 $173,725 (-12.5%) $235,502 (1.4%) 0.00 72
2021-12-01 $167,375 (-15.8%) $224,252 (-5.1%) 0.00 60
2022-01-01 $154,800 (-22.0%) $216,072 (-6.3%) 0.00 54
2022-02-01 $159,700 (-15.0%) $211,053 (-5.3%) 0.00 55
2022-03-01 $162,450 (-17.3%) $227,765 (-3.4%) 0.00 49
2022-04-01 $148,000 (-18.7%) $208,964 (0.9%) 0.00 64
2022-05-01 $159,250 (-11.5%) $224,741 (11.9%) 0.00 59
2022-06-01 $175,750 (-0.4%) $239,044 (24.2%) 0.00 61
2022-07-01 $185,000 (5.7%) $226,954 (20.9%) 0.00 62
2022-08-01 $185,000 (12.7%) $232,833 (25.6%) 0.00 71
2022-09-01 $192,500 (20.4%) $254,284 (37.5%) 0.00 68
2022-10-01 $194,800 (13.3%) $287,590 (43.5%) 0.00 70
2022-11-01 $165,750 (-4.6%) $266,121 (13.0%) 0.00 75
2022-12-01 $199,000 (18.9%) $247,305 (10.3%) 0.00 72
2023-01-01 $191,225 (23.5%) $242,000 (12.0%) 0.00 65
2023-02-01 $157,500 (-1.4%) $233,295 (10.5%) 0.00 61
2023-03-01 $164,950 (1.5%) $235,340 (3.3%) 0.00 57
2023-04-01 $165,000 (11.5%) $248,106 (18.7%) 0.00 55
2023-05-01 $168,750 (6.0%) $245,390 (9.2%) 0.00 64
2023-06-01 $199,900 (13.7%) $255,453 (6.9%) 0.00 72
2023-07-01 $188,500 (1.9%) $240,646 (6.0%) 0.00 77
2023-08-01 $196,900 (6.4%) $249,985 (7.4%) 0.00 76
2023-09-01 $198,000 (2.9%) $251,977 (-0.9%) 0.00 72
2023-10-01 $198,250 (1.8%) $260,963 (-9.3%) 0.00 77
2023-11-01 $202,176 (22.0%) $268,177 (0.8%) 0.00 71
2023-12-01 $199,000 (0.0%) $255,786 (3.4%) 0.00 66
2024-01-01 $196,700 (2.9%) $239,396 (-1.1%) 0.00 66
2024-02-01 $193,320 (22.7%) $230,362 (-1.3%) 0.00 71
2024-03-01 $194,400 (17.9%) $253,819 (7.9%) 0.00 70
Weatherford's median listing price for 2024-03-01 was $194,400, a difference of $29,450 (17.9%) versus the prior year and $1,080 versus the prior month.

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

Weatherford's average listing price for 2024-03-01 was $253,819, a difference of $18,479 (7.9%) versus the prior year and $23,457 versus the prior month.

For the 2024-03-01 period, Weatherford had 70 MLS listings, a difference of -1 listings (-1%) versus the prior month and 13 listings (23%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Weatherford (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,799 sqft
2018-02-01 0 days 1,773 sqft
2018-03-01 0 days 1,758 sqft
2018-04-01 0 days 1,794 sqft
2018-05-01 0 days 1,786 sqft
2018-06-01 0 days 1,780 sqft
2018-07-01 0 days 1,781 sqft
2018-08-01 0 days 1,781 sqft
2018-09-01 0 days 1,800 sqft
2018-10-01 0 days 1,831 sqft
2018-11-01 0 days 1,809 sqft
2018-12-01 0 days 1,805 sqft
2019-01-01 0 days 1,789 sqft
2019-02-01 0 days 1,724 sqft
2019-03-01 0 days 1,764 sqft
2019-04-01 0 days 1,794 sqft
2019-05-01 0 days 1,787 sqft
2019-06-01 0 days 1,826 sqft
2019-07-01 0 days 1,858 sqft
2019-08-01 0 days 1,856 sqft
2019-09-01 0 days 1,843 sqft
2019-10-01 0 days 1,850 sqft
2019-11-01 0 days 1,865 sqft
2019-12-01 0 days 1,806 sqft
2020-01-01 0 days 1,806 sqft
2020-02-01 0 days 1,869 sqft
2020-03-01 0 days 1,946 sqft
2020-04-01 0 days 1,952 sqft
2020-05-01 0 days 1,917 sqft
2020-06-01 0 days 1,992 sqft
2020-07-01 0 days 1,993 sqft
2020-08-01 0 days 2,078 sqft
2020-09-01 0 days 2,045 sqft
2020-10-01 0 days 2,026 sqft
2020-11-01 0 days 2,066 sqft
2020-12-01 0 days 2,096 sqft
2021-01-01 0 days 2,096 sqft
2021-02-01 0 days 2,008 sqft
2021-03-01 0 days 2,099 sqft
2021-04-01 0 days 1,984 sqft
2021-05-01 0 days 1,903 sqft
2021-06-01 0 days 1,776 sqft
2021-07-01 0 days 1,730 sqft
2021-08-01 0 days 1,741 sqft
2021-09-01 0 days 1,677 sqft
2021-10-01 0 days 1,716 sqft
2021-11-01 0 days 1,774 sqft
2021-12-01 0 days 1,733 sqft
2022-01-01 0 days 1,781 sqft
2022-02-01 0 days 1,729 sqft
2022-03-01 0 days 1,773 sqft
2022-04-01 0 days 1,662 sqft
2022-05-01 0 days 1,701 sqft
2022-06-01 0 days 1,668 sqft
2022-07-01 0 days 1,717 sqft
2022-08-01 0 days 1,720 sqft
2022-09-01 0 days 1,701 sqft
2022-10-01 0 days 1,720 sqft
2022-11-01 0 days 1,643 sqft
2022-12-01 0 days 1,727 sqft
2023-01-01 0 days 1,737 sqft
2023-02-01 0 days 1,692 sqft
2023-03-01 0 days 1,613 sqft
2023-04-01 0 days 1,652 sqft
2023-05-01 0 days 1,738 sqft
2023-06-01 0 days 1,776 sqft
2023-07-01 0 days 1,772 sqft
2023-08-01 0 days 1,776 sqft
2023-09-01 0 days 1,744 sqft
2023-10-01 0 days 1,733 sqft
2023-11-01 0 days 1,780 sqft
2023-12-01 0 days 1,668 sqft
2024-01-01 0 days 1,672 sqft
2024-02-01 0 days 1,633 sqft
2024-03-01 0 days 1,653 sqft
Weatherford's median listing age (time on market) for 2024-03-01 was 0 days.

Weatherford's median square footage for active listings during the 2024-03-01 period was 1,653 sqft. One year prior, the average listing was 1,613 sqft.

Weatherford, OK Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 214 $42,320,000 $197,757
Refi 18 $4,090,000 $227,222
Cash Out Refi 17 $2,485,000 $146,176
Other 15 $705,000 $47,000
Home Improvement 13 $855,000 $65,769

Weatherford's most frequently cited loan purpose was Home Purchase, with 214 originations. The 2nd most popular reason was Refi, with 18 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 101 $19,445,000 $192,525
7-8% 86 $16,740,000 $194,651
Over 8% 43 $5,475,000 $127,326
5-6% 34 $6,780,000 $199,412
<2.5% 5 $215,000 $43,000
4-5% 2 $490,000 $245,000

During 2023, Weatherford's most frequently originated rate bucket was 6-7%, with 101 originations.

Loan Sizing (Weatherford, OK MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 104 $15,490,000 $148,942
$200k-400k 85 $22,235,000 $261,588
$100,000 or less 75 $4,375,000 $58,333
$400k-600k 10 $4,630,000 $463,000
$Over $1MM 2 $2,980,000 $1,490,000
$600k-1000k 1 $745,000 $745,000

Weatherford's loan sizing saw the bucket of loans from $100k-200k with 104 originations, totaling $15,490,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 156 $29,230,000 $187,372
60-80% 59 $12,255,000 $207,712
40-60% 17 $4,085,000 $240,294
Under 20% 17 $505,000 $29,706
20-40% 15 $1,805,000 $120,333
Over 100% 7 $1,265,000 $180,714

Weatherford's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 156 originations, totaling $29,230,000 in origination value.