Weatherford Mortgage Rates

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

30 Year Fixed Rate mortgages in Weatherford averaged 5.76% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

The average rate for the prior week (2022-06-16) was 5.73% and one month ago for the week of 2022-05-19, the average rate was 5.5%.

Weatherford's average rate one year ago was 3.01%.

For refis of the same type during the week of 2022-06-23, the average rate was 6.16%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Weatherford 30 Year Fixed Rate 2022-06-23 5.76%
Weatherford 30 Year Fixed Rate Refi 2022-06-23 6.16%
Weatherford 15 Year Fixed Rate 2022-06-23 5.81%
Weatherford 15 Year Fixed Rate Refi 2022-06-23 4.87%
Weatherford 30 Year FHA 2022-06-23 -0.16%
Weatherford 30 Year FHA Refi 2022-06-23 -0.09%
Weatherford 30 Year USDA 2022-06-23 0.22%
Weatherford 30 Year USDA Refi 2022-06-23 -0.33%
Weatherford 30 Year VA 2022-06-23 -0.05%
Weatherford 30 Year VA Refi 2022-06-23 -0.14%
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 lendor, 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 47 3.06% $4,526
BancFirst 22 3.07% $4,389
InterBank 22 3.51% $2,451
GUARANTEED RATE, INC. 13 3.11% $3,626
INTERLINC MORTGAGE SERVICES, LLC 12 3.20% $3,382
FIRST AMERICAN MORTGAGE, INC. 9 3.01% $3,690
CWM PARTNERS, L.P. 7 2.73% $3,521
Mortgage Investment Services Corporation 7 3.30% $4,672
OKLAHOMA'S 6 3.71% $3,333
Great Plains National Bank 5 3.15% $4,444
Wells Fargo Bank 5 3.40% $3,883
MidFirst Bank 4 2.66% $3,520
Arvest Bank 4 2.91% $3,301
LOANDEPOT.COM, LLC 3 3.25% $4,920
First United Bank and Trust Company 3 3.38% $3,105
AMERICAN FINANCING CORPORATION 3 3.33% $5,163
CORNERSTONE HOME LENDING, INC. 3 2.87% $5,259
CALIBER HOME LOANS, INC. 3 3.36% $2,475
RCB Bank 2 3.38% $3,119
ASSOCIATED MORTGAGE CORPORATION 2 2.75% $5,492
AMERISAVE MORTGAGE CORPORATION 2 2.69% $3,535
Quontic Bank 1 6.00% $5,238
ROYAL UNITED MORTGAGE LLC 1 2.50% $10,495
SIRVA MORTGAGE, INC. 1 2.88% $25
Stride Bank 1 3.25% $3,349
Sunflower Bank 1 3.25% $3,756
SWBC MORTGAGE CORPORATION 1 3.38% $1,037
UNITED WHOLESALE MORTGAGE, LLC 1 3.00% $3,637
Waterstone Mortgage Corporation 1 3.25% $4,144
WEOKIE 1 2.50% $6,373
Wyndham Capital Mortgage, Inc. 1 2.99% $2,105
ALLEGIANCE 1 3.50% $4,158
ZILLOW HOME LOANS, LLC 1 2.88% $6,914
Amerifirst Financial, Inc. 1 2.75% $4,743
BETTER MORTGAGE CORPORATION 1 3.38% $2,198
BOKF 1 3.63% $3,927
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 3.25% $3,647
CHURCHILL MORTGAGE CORPORATION 1 4.88% $8,271
Citizens Bank 1 3.13% $3,335
CMG MORTGAGE, INC. 1 3.63% $4,788
Deere Employees Credit Union 1 3.00% $4,464
Discover Bank 1 3.99% $0
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 3.25% $6,783
First Guaranty Mortgage Corporation 1 2.88% $7,924
F & M Bank 1 2.50% $3,206
Gateway First Bank 1 3.50% $5,822
GSF Mortgage Corporation 1 3.99% $6,235
GUILD MORTGAGE COMPANY 1 2.88% $5,288
HOME POINT FINANCIAL CORPORATION 1 2.99% $3,585
MID AMERICA MORTGAGE, INC. 1 3.38% $5,161
Mr. Cooper ( Nationstar Mortgage ) 1 3.50% $7,434
NAVY FEDERAL CREDIT UNION 1 4.13% $2,409
Oklahoma Educators Credit Union 1 3.25% $5,501

Weatherford, OK's 53 lenders originated 572 loans during 2021. The total origination value was $103,890,000, with an average loan value of $181,626.

The top Weatherford lender as defined by loan originations is QUICKEN LOANS, LLC, with 47 loans originated. Their average total fees are $4,526, which is $137 higher than the next largest lender, BancFirst.

The lowest fee Weatherford lenders (with over 10 loans originated) are InterBank ($2,451), INTERLINC MORTGAGE SERVICES, LLC ($3,382), GUARANTEED RATE, INC. ($3,626), BancFirst ($4,389) and QUICKEN LOANS, LLC ($4,526).

The lowest rate Weatherford lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (3.06%), BancFirst (3.07%), GUARANTEED RATE, INC. (3.11%), INTERLINC MORTGAGE SERVICES, LLC (3.20%) and InterBank (3.51%).

Weatherford, OK 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
QUICKEN LOANS, LLC $13,485,000 $16,790,000 24.5% 16.2%
BancFirst $18,330,000 $14,440,000 -21.2% 13.9%
GUARANTEED RATE, INC. $5,840,000 $7,055,000 20.8% 6.8%
INTERLINC MORTGAGE SERVICES, LLC $4,190,000 $5,630,000 34.4% 5.4%
InterBank $6,885,000 $4,340,000 -37.0% 4.2%
MidFirst Bank $1,125,000 $3,140,000 179.1% 3.0%
FIRST AMERICAN MORTGAGE, INC. $3,420,000 $2,980,000 -12.9% 2.9%
CWM PARTNERS, L.P. $1,930,000 $2,930,000 51.8% 2.8%
Mortgage Investment Services Corporation $2,430,000 $2,395,000 -1.4% 2.3%
Mortgage Research Center, LLC $545,000 $2,240,000 311.0% 2.2%
Great Plains National Bank $1,675,000 $2,170,000 29.6% 2.1%
FREEDOM MORTGAGE CORPORATION $2,975,000 $2,000,000 -32.8% 1.9%
Wells Fargo Bank $1,040,000 $1,915,000 84.1% 1.8%
F & M Bank $1,860,000 n/a 1.8%
First National Bank Of Oklahoma $150,000 $1,620,000 980.0% 1.6%
MID AMERICA MORTGAGE, INC. $2,000,000 $1,600,000 -20.0% 1.5%
Springfield First Community Bank $1,355,000 n/a 1.3%
Legacy Bank $2,120,000 $1,280,000 -39.6% 1.2%
BOKF $350,000 $1,245,000 255.7% 1.2%
OKLAHOMA'S $940,000 $1,200,000 27.7% 1.2%
Mr. Cooper ( Nationstar Mortgage ) $595,000 $1,140,000 91.6% 1.1%
AMERICAN FINANCING CORPORATION $440,000 $1,075,000 144.3% 1.0%
LOANDEPOT.COM, LLC $420,000 $1,070,000 154.8% 1.0%
Gateway First Bank $1,280,000 $1,035,000 -19.1% 1.0%
GUILD MORTGAGE COMPANY $1,615,000 $925,000 -42.7% 0.9%
VALOR BANK $700,000 $895,000 27.9% 0.9%
CALIBER HOME LOANS, INC. $600,000 $860,000 43.3% 0.8%
CHURCHILL MORTGAGE CORPORATION $175,000 $850,000 385.7% 0.8%
First United Bank and Trust Company $935,000 $850,000 -9.1% 0.8%
CORNERSTONE HOME LENDING, INC. $925,000 $755,000 -18.4% 0.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $625,000 $755,000 20.8% 0.7%
SUN WEST MORTGAGE COMPANY, INC. $445,000 $635,000 42.7% 0.6%
HOME POINT FINANCIAL CORPORATION $135,000 $620,000 359.3% 0.6%
Arvest Bank $205,000 $610,000 197.6% 0.6%
AMERISAVE MORTGAGE CORPORATION $115,000 $575,000 400.0% 0.6%
UNITED WHOLESALE MORTGAGE, LLC $500,000 n/a 0.5%
PENNYMAC LOAN SERVICES, LLC $715,000 $495,000 -30.8% 0.5%
ASSOCIATED MORTGAGE CORPORATION $205,000 $485,000 136.6% 0.5%
All America Bank $185,000 $420,000 127.0% 0.4%
WEOKIE $420,000 n/a 0.4%
SIRVA MORTGAGE, INC. $395,000 n/a 0.4%
Sunflower Bank $365,000 n/a 0.4%
CMG MORTGAGE, INC. $360,000 n/a 0.3%
LAKEVIEW LOAN SERVICING, LLC $215,000 $360,000 67.4% 0.3%
RCB Bank $350,000 n/a 0.3%
JPMorgan Chase Bank $755,000 $320,000 -57.6% 0.3%
U.S. Bank $75,000 $280,000 273.3% 0.3%
Citizens Bank $215,000 $275,000 27.9% 0.3%
GSF Mortgage Corporation $265,000 n/a 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $275,000 $265,000 -3.6% 0.3%
SWBC MORTGAGE CORPORATION $330,000 $255,000 -22.7% 0.2%
NAVY FEDERAL CREDIT UNION $435,000 $250,000 -42.5% 0.2%
CERTAINTY HOME LOANS, LLC $245,000 n/a 0.2%
SOUTHWEST FUNDING, LP $245,000 n/a 0.2%
ALLEGIANCE $300,000 $240,000 -20.0% 0.2%
ZILLOW HOME LOANS, LLC $235,000 n/a 0.2%
Discover Bank $105,000 $230,000 119.0% 0.2%
Stride Bank $230,000 n/a 0.2%
Oklahoma Educators Credit Union $45,000 $225,000 400.0% 0.2%
OPEN MORTGAGE, LLC $225,000 n/a 0.2%
Prosperity Bank $115,000 $225,000 95.7% 0.2%
First National Bank in Port Lavaca $205,000 n/a 0.2%
HOMESIDE FINANCIAL, LLC $205,000 n/a 0.2%
ACCELERATE MORTGAGE, LLC $195,000 n/a 0.2%
BETTER MORTGAGE CORPORATION $340,000 $195,000 -42.6% 0.2%
OCEANSIDE MORTGAGE COMPANY $155,000 $195,000 25.8% 0.2%
ROYAL UNITED MORTGAGE LLC $195,000 n/a 0.2%
First Community Bank $185,000 n/a 0.2%
Waterstone Mortgage Corporation $185,000 n/a 0.2%
International Bank of Commerce $180,000 n/a 0.2%
Wyndham Capital Mortgage, Inc. $175,000 n/a 0.2%
Deere Employees Credit Union $165,000 n/a 0.2%
Citadel Servicing Corporation $155,000 n/a 0.1%
First Savings Bank $155,000 n/a 0.1%
Flagstar Bank, FSB $155,000 n/a 0.1%
FLAT BRANCH MORTGAGE, INC. $155,000 n/a 0.1%
Quontic Bank $155,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $215,000 $145,000 -32.6% 0.1%
AmeriHome Mortgage Company, LLC $135,000 n/a 0.1%
Fifth Third Bank $135,000 n/a 0.1%
NEW DAY FINANCIAL, LLC $465,000 $135,000 -71.0% 0.1%
SOUTHWEST STAGE FUNDING, LLC $320,000 $135,000 -57.8% 0.1%
American Nation Bank $125,000 n/a 0.1%
First Guaranty Mortgage Corporation $125,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $115,000 n/a 0.1%
Bank of the West $105,000 n/a 0.1%
Chickasaw Community Bank $825,000 $105,000 -87.3% 0.1%
Liberty National Bank $105,000 n/a 0.1%
Equity Bank $95,000 n/a 0.1%
Amerifirst Financial, Inc. $85,000 n/a 0.1%
Bank of America $500,000 $85,000 -83.0% 0.1%
VILLAGE CAPITAL & INVESTMENT LLC $85,000 n/a 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $75,000 n/a 0.1%
First Liberty Bank $65,000 n/a 0.1%
Intrust Bank $65,000 n/a 0.1%
TRUE SKY $75,000 $65,000 -13.3% 0.1%
Tinker Federal Credit Union $65,000 $55,000 -15.4% 0.1%

Weatherford's top lender by overall market share is QUICKEN LOANS, LLC, with 16.2% market share. In second place, with 13.9%, is BancFirst, having originated $14,440,000 in loans. In third place, with 6.8%, is GUARANTEED RATE, INC., having originated $7,055,000 in loans. In third place, with 5.4%, is INTERLINC MORTGAGE SERVICES, LLC, having originated $5,630,000 in loans. In third place, with 4.2%, is InterBank, having originated $4,340,000 in loans.


Weatherford, OK Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 303 $53,405,000 $176,254
Refi 178 $37,040,000 $208,090
Cash Out Refi 69 $11,535,000 $167,174
Home Improvement 14 $1,170,000 $83,571
Other 8 $740,000 $92,500

Weatherford's most frequently cited loan purpose was Home Purchase, with 303 originations. The 2nd most popular reason was Refi, with 178 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 202 $39,520,000 $195,644
3-4% 166 $30,120,000 $181,446
<2.5% 112 $21,190,000 $189,196
4-5% 52 $6,850,000 $131,731
5-6% 11 $1,035,000 $94,091
6-7% 3 $135,000 $45,000
7-8% 3 $175,000 $58,333
Over 8% 2 $150,000 $75,000

During 2021, Weatherford's most frequently originated rate bucket was 2.5-3%, with 202 originations.

Loan Sizing (Weatherford, OK MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 263 $39,045,000 $148,460
$200k-400k 165 $43,875,000 $265,909
$100,000 or less 123 $8,065,000 $65,569
$400k-600k 16 $7,350,000 $459,375
$Over $1MM 4 $4,910,000 $1,227,500
$600k-1000k 1 $645,000 $645,000

Weatherford's loan sizing saw the bucket of loans from $100k-200k with 263 originations, totaling $39,045,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 291 $55,715,000 $191,460
60-80% 155 $29,595,000 $190,935
40-60% 55 $7,455,000 $135,545
20-40% 25 $2,905,000 $116,200
Under 20% 7 $235,000 $33,571
Over 100% 6 $1,020,000 $170,000

Weatherford's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 291 originations, totaling $55,715,000 in origination value.


Market Conditions (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 $160,200 (-9.5%) $225,634 (1.7%) 0.00 106
2018-02-01 $161,100 (-7.3%) $221,348 (-0.4%) 0.00 101
2018-03-01 $160,200 (-9.0%) $204,124 (-7.1%) 0.00 105
2018-04-01 $164,900 (-5.8%) $222,939 (1.9%) 0.00 109
2018-05-01 $163,450 (-6.6%) $221,734 (-0.2%) 0.00 109
2018-06-01 $162,000 (-8.9%) $198,775 (-18.2%) 0.00 108
2018-07-01 $157,400 (-16.2%) $195,808 (-21.3%) 0.00 106
2018-08-01 $153,900 (-20.9%) $192,316 (-24.0%) 0.00 103
2018-09-01 $160,200 (-17.8%) $191,755 (-25.3%) 0.00 92
2018-10-01 $160,100 (-16.6%) $202,070 (-21.3%) 0.00 91
2018-11-01 $160,200 (-7.2%) $209,984 (-13.3%) 0.00 82
2018-12-01 $162,000 (0.0%) $211,533 (-7.5%) 0.00 80
2019-01-01 $154,450 (-3.6%) $196,667 (-12.8%) 0.00 85
2019-02-01 $139,900 (-13.2%) $181,634 (-17.9%) 0.00 81
2019-03-01 $146,143 (-8.8%) $194,090 (-4.9%) 0.00 78
2019-04-01 $147,143 (-10.8%) $202,218 (-9.3%) 0.00 85
2019-05-01 $157,450 (-3.7%) $201,694 (-9.0%) 0.00 94
2019-06-01 $173,900 (7.4%) $207,794 (4.5%) 0.00 99
2019-07-01 $169,700 (7.8%) $205,203 (4.8%) 0.00 98
2019-08-01 $167,043 (8.5%) $203,507 (5.8%) 0.00 101
2019-09-01 $169,900 (6.1%) $205,249 (7.0%) 0.00 100
2019-10-01 $174,500 (9.0%) $211,269 (4.6%) 0.00 111
2019-11-01 $174,900 (9.2%) $209,191 (-0.4%) 0.00 108
2019-12-01 $175,500 (8.3%) $213,215 (0.8%) 0.00 106
2020-01-01 $174,900 (13.2%) $207,492 (5.5%) 0.00 109
2020-02-01 $174,500 (24.7%) $208,446 (14.8%) 0.00 103
2020-03-01 $179,900 (23.1%) $214,503 (10.5%) 0.00 105
2020-04-01 $184,450 (25.4%) $228,284 (12.9%) 0.00 115
2020-05-01 $179,900 (14.3%) $221,982 (10.1%) 0.00 110
2020-06-01 $185,000 (6.4%) $224,062 (7.8%) 0.00 107
2020-07-01 $189,250 (11.5%) $218,504 (6.5%) 0.00 108
2020-08-01 $199,000 (19.1%) $231,082 (13.6%) 0.00 106
2020-09-01 $212,450 (25.0%) $228,916 (11.5%) 0.00 107
2020-10-01 $197,500 (13.2%) $226,578 (7.3%) 0.00 113
2020-11-01 $194,350 (11.1%) $227,905 (9.0%) 0.00 103
2020-12-01 $198,700 (13.2%) $234,881 (10.2%) 0.00 95
2021-01-01 $198,000 (13.2%) $227,523 (9.7%) 0.00 92
2021-02-01 $187,350 (7.4%) $223,774 (7.4%) 0.00 82
2021-03-01 $194,500 (8.1%) $236,019 (10.0%) 0.00 80
2021-04-01 $177,500 (-3.8%) $202,548 (-11.3%) 0.00 80
2021-05-01 $175,000 (-2.7%) $196,224 (-11.6%) 0.00 75
2021-06-01 $175,000 (-5.4%) $185,785 (-17.1%) 0.00 67
2021-07-01 $172,500 (-8.9%) $184,062 (-15.8%) 0.00 77
2021-08-01 $162,250 (-18.5%) $181,179 (-21.6%) 0.00 68
2021-09-01 $159,900 (-24.7%) $182,121 (-20.4%) 0.00 69
2021-10-01 $172,000 (-12.9%) $193,653 (-14.5%) 0.00 68
2021-11-01 $172,400 (-11.3%) $230,029 (0.9%) 0.00 69
2021-12-01 $167,250 (-15.8%) $219,232 (-6.7%) 0.00 58
2022-01-01 $154,800 (-21.8%) $213,244 (-6.3%) 0.00 52
2022-02-01 $152,150 (-18.8%) $205,543 (-8.2%) 0.00 53
2022-03-01 $154,500 (-20.6%) $221,481 (-6.2%) 0.00 47
2022-04-01 $145,000 (-18.3%) $204,688 (1.1%) 0.00 62
2022-05-01 $159,000 (-9.1%) $221,978 (13.1%) 0.00 59
Weatherford's median listing price for 2022-05-01 was $159,000, a difference of $-16,000 (-9.1%) versus the prior year and $14,000 versus the prior month.

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

Weatherford's average listing price for 2022-05-01 was $221,978, a difference of $25,754 (13.1%) versus the prior year and $17,290 versus the prior month.

For the 2022-05-01 period, Weatherford had 59 MLS listings, a difference of -3 listings (-5%) versus the prior month and -16 listings (-21%) 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 1,798 sqft
2018-02-01 0 days 1,777 sqft
2018-03-01 0 days 1,758 sqft
2018-04-01 0 days 1,797 sqft
2018-05-01 0 days 1,789 sqft
2018-06-01 0 days 1,780 sqft
2018-07-01 0 days 1,782 sqft
2018-08-01 0 days 1,782 sqft
2018-09-01 0 days 1,800 sqft
2018-10-01 0 days 1,819 sqft
2018-11-01 0 days 1,800 sqft
2018-12-01 0 days 1,800 sqft
2019-01-01 0 days 1,789 sqft
2019-02-01 0 days 1,653 sqft
2019-03-01 0 days 1,724 sqft
2019-04-01 0 days 1,794 sqft
2019-05-01 0 days 1,785 sqft
2019-06-01 0 days 1,820 sqft
2019-07-01 0 days 1,850 sqft
2019-08-01 0 days 1,837 sqft
2019-09-01 0 days 1,837 sqft
2019-10-01 0 days 1,849 sqft
2019-11-01 0 days 1,865 sqft
2019-12-01 0 days 1,802 sqft
2020-01-01 0 days 1,802 sqft
2020-02-01 0 days 1,865 sqft
2020-03-01 0 days 1,949 sqft
2020-04-01 0 days 1,944 sqft
2020-05-01 0 days 1,900 sqft
2020-06-01 0 days 1,983 sqft
2020-07-01 0 days 1,959 sqft
2020-08-01 0 days 2,078 sqft
2020-09-01 0 days 2,034 sqft
2020-10-01 0 days 1,979 sqft
2020-11-01 0 days 2,054 sqft
2020-12-01 0 days 2,096 sqft
2021-01-01 0 days 2,080 sqft
2021-02-01 0 days 2,006 sqft
2021-03-01 0 days 2,107 sqft
2021-04-01 0 days 1,965 sqft
2021-05-01 0 days 1,902 sqft
2021-06-01 0 days 1,764 sqft
2021-07-01 0 days 1,722 sqft
2021-08-01 0 days 1,736 sqft
2021-09-01 0 days 1,675 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 1,767 sqft
2022-02-01 0 days 1,715 sqft
2022-03-01 0 days 1,741 sqft
2022-04-01 0 days 1,652 sqft
2022-05-01 0 days 1,685 sqft
Weatherford's median listing age (time on market) for 2022-05-01 was 0 days.

Weatherford's median square footage for active listings during the 2022-05-01 period was 1,685 sqft. One year prior, the average listing was 1,902 sqft.