Woodward Mortgage Rates
30 Year Fixed Rate mortgages in Woodward averaged
5.64%
for the week of 2022-06-30, compared to the national average of
5.7% for the same period.
The average rate for the prior week (2022-06-23) was
5.95% and
one month ago for the week of 2022-05-26, the
average rate was 5.34%.
Woodward's average rate one year ago was 3.39%.
For refis of the same type during the week of 2022-06-30, the average rate
was 5.59%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
Woodward 30 Year Fixed Rate | 2022-06-30 | 5.64% |
Woodward 30 Year Fixed Rate Refi | 2022-06-30 | 5.59% |
Woodward 15 Year Fixed Rate | 2022-06-30 | 5.48% |
Woodward 15 Year Fixed Rate Refi | 2022-06-30 | 5.12% |
Woodward 30 Year FHA | 2022-06-30 | 5.6% |
Woodward 30 Year FHA Refi | 2022-06-30 | 5.89% |
Woodward 30 Year USDA | 2022-06-30 | 5.81% |
Woodward 30 Year USDA Refi | 2022-06-30 | 5.2% |
Woodward 30 Year VA | 2022-06-30 | 5.77% |
Woodward 30 Year VA Refi | 2022-06-30 | 5.28% |
Woodward 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 Woodward, 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.).
Woodward, OK's 41 lenders originated 446
loans during 2021. The total origination value was $72,010,000, with an average loan value of
$161,457.
The top Woodward lender as defined by loan originations is Great Plains National Bank, with
29 loans originated. Their average total fees are
$3,913, which is $339
lower than the next largest lender,
GUILD MORTGAGE COMPANY.
The lowest fee Woodward lenders (with over 10 loans originated) are
CALIBER HOME LOANS, INC. ($2,539), Great Plains National Bank ($3,913), GUILD MORTGAGE COMPANY ($4,252), Mortgage Investment Services Corporation ($4,590) and QUICKEN LOANS, LLC ($5,094).
The lowest rate Woodward lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (3.12%), CALIBER HOME LOANS, INC. (3.13%), GUILD MORTGAGE COMPANY (3.22%), Great Plains National Bank (3.30%) and Mortgage Investment Services Corporation (3.55%).
Woodward, 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 |
---|---|---|---|---|
Great Plains National Bank | $10,485,000 | $10,690,000 | 2.0% | 14.8% |
QUICKEN LOANS, LLC | $5,545,000 | $7,175,000 | 29.4% | 10.0% |
GUILD MORTGAGE COMPANY | $7,485,000 | $5,920,000 | -20.9% | 8.2% |
Mortgage Investment Services Corporation | $2,970,000 | $3,825,000 | 28.8% | 5.3% |
Citizens Bank | $3,475,000 | n/a | 4.8% | |
GUARANTEED RATE, INC. | $2,825,000 | $3,320,000 | 17.5% | 4.6% |
CALIBER HOME LOANS, INC. | $1,065,000 | $3,175,000 | 198.1% | 4.4% |
MidFirst Bank | $2,930,000 | $2,655,000 | -9.4% | 3.7% |
LOANDEPOT.COM, LLC | $765,000 | $2,420,000 | 216.3% | 3.4% |
FREEDOM MORTGAGE CORPORATION | $2,300,000 | $2,365,000 | 2.8% | 3.3% |
Wells Fargo Bank | $400,000 | $1,800,000 | 350.0% | 2.5% |
Gateway First Bank | $570,000 | $1,330,000 | 133.3% | 1.8% |
First United Bank and Trust Company | $1,420,000 | $1,165,000 | -18.0% | 1.6% |
HOME POINT FINANCIAL CORPORATION | $215,000 | $1,080,000 | 402.3% | 1.5% |
Flagstar Bank, FSB | $920,000 | $880,000 | -4.3% | 1.2% |
The Huntington National Bank | $850,000 | n/a | 1.2% | |
BOKF | $400,000 | $825,000 | 106.3% | 1.1% |
CORNERSTONE HOME LENDING, INC. | $465,000 | $815,000 | 75.3% | 1.1% |
Mortgage Research Center, LLC | $570,000 | $740,000 | 29.8% | 1.0% |
Mr. Cooper ( Nationstar Mortgage ) | $810,000 | $740,000 | -8.6% | 1.0% |
OKLAHOMA'S | $790,000 | $645,000 | -18.4% | 0.9% |
INTERLINC MORTGAGE SERVICES, LLC | $690,000 | $595,000 | -13.8% | 0.8% |
F & M Bank | $815,000 | $530,000 | -35.0% | 0.7% |
ASSOCIATED MORTGAGE CORPORATION | $795,000 | $525,000 | -34.0% | 0.7% |
U.S. Bank | $1,070,000 | $490,000 | -54.2% | 0.7% |
NEWREZ LLC | $75,000 | $485,000 | 546.7% | 0.7% |
Chickasaw Community Bank | $300,000 | $470,000 | 56.7% | 0.7% |
Bank 7 | $1,030,000 | $465,000 | -54.9% | 0.6% |
AMERISAVE MORTGAGE CORPORATION | $460,000 | n/a | 0.6% | |
21ST MORTGAGE CORPORATION | $730,000 | $445,000 | -39.0% | 0.6% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $230,000 | $430,000 | 87.0% | 0.6% |
COUNTRYPLACE MORTGAGE, LTD. | $395,000 | n/a | 0.5% | |
VALOR BANK | $390,000 | n/a | 0.5% | |
UNION HOME MORTGAGE CORP. | $955,000 | $370,000 | -61.3% | 0.5% |
American Mortgage Bank, LLC | $345,000 | n/a | 0.5% | |
LAKEVIEW LOAN SERVICING, LLC | $330,000 | n/a | 0.5% | |
LENOX FINANCIAL MORTGAGE CORPORATION | $315,000 | n/a | 0.4% | |
Oklahoma Educators Credit Union | $310,000 | n/a | 0.4% | |
CHURCHILL MORTGAGE CORPORATION | $300,000 | n/a | 0.4% | |
LEADERONE FINANCIAL CORPORATION | $285,000 | n/a | 0.4% | |
DELMAR FINANCIAL COMPANY | $265,000 | n/a | 0.4% | |
Tinker Federal Credit Union | $390,000 | $260,000 | -33.3% | 0.4% |
NAVY FEDERAL CREDIT UNION | $25,000 | $250,000 | 900.0% | 0.3% |
TIB The Independent Bankersbank | $245,000 | n/a | 0.3% | |
HOMESIDE FINANCIAL, LLC | $170,000 | $240,000 | 41.2% | 0.3% |
Stride Bank | $705,000 | $240,000 | -66.0% | 0.3% |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $145,000 | $235,000 | 62.1% | 0.3% |
BancFirst | $105,000 | $235,000 | 123.8% | 0.3% |
JPMorgan Chase Bank | $135,000 | $235,000 | 74.1% | 0.3% |
ALLEGIANCE | $455,000 | $225,000 | -50.5% | 0.3% |
BECKAM FUNDING CORP. | $225,000 | n/a | 0.3% | |
Bank of America | $125,000 | $220,000 | 76.0% | 0.3% |
NEW DAY FINANCIAL, LLC | $105,000 | $215,000 | 104.8% | 0.3% |
FLAT BRANCH MORTGAGE, INC. | $195,000 | n/a | 0.3% | |
COMMUNICATION | $345,000 | $185,000 | -46.4% | 0.3% |
AMERICAN FINANCING CORPORATION | $145,000 | $175,000 | 20.7% | 0.2% |
OPEN MORTGAGE, LLC | $165,000 | $170,000 | 3.0% | 0.2% |
Barrington Bank & Trust Company, N.A. | $165,000 | n/a | 0.2% | |
Low VA Rates, LLC | $165,000 | n/a | 0.2% | |
BETTER MORTGAGE CORPORATION | $155,000 | n/a | 0.2% | |
Carrington Mortgage Services, LLC | $155,000 | n/a | 0.2% | |
PLAZA HOME MORTGAGE, INC. | $155,000 | n/a | 0.2% | |
BNC National Bank | $105,000 | $145,000 | 38.1% | 0.2% |
KeyBank | $145,000 | n/a | 0.2% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $145,000 | n/a | 0.2% | |
NATIONS DIRECT MORTGAGE, LLC | $145,000 | n/a | 0.2% | |
TTCU Federal Credit Union | $145,000 | n/a | 0.2% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $85,000 | $145,000 | 70.6% | 0.2% |
ZILLOW HOME LOANS, LLC | $400,000 | $145,000 | -63.8% | 0.2% |
AIR ACADEMY | $135,000 | n/a | 0.2% | |
Inwood National Bank | $135,000 | n/a | 0.2% | |
Paramount Residential Mortgage Group, Inc. | $135,000 | n/a | 0.2% | |
Vision Bank | $155,000 | $135,000 | -12.9% | 0.2% |
Arvest Bank | $85,000 | $125,000 | 47.1% | 0.2% |
PENNYMAC LOAN SERVICES, LLC | $95,000 | $125,000 | 31.6% | 0.2% |
United Fidelity Funding Corp. | $185,000 | $125,000 | -32.4% | 0.2% |
Bank of Colorado | $115,000 | n/a | 0.2% | |
First Guaranty Mortgage Corporation | $115,000 | n/a | 0.2% | |
NexBank | $115,000 | n/a | 0.2% | |
OCEANSIDE MORTGAGE COMPANY | $115,000 | $115,000 | 0.0% | 0.2% |
SIRVA MORTGAGE, INC. | $115,000 | n/a | 0.2% | |
UNITED WHOLESALE MORTGAGE, LLC | $115,000 | n/a | 0.2% | |
USAA Federal Savings Bank | $310,000 | $115,000 | -62.9% | 0.2% |
Equity Prime Mortgage LLC | $105,000 | n/a | 0.1% | |
FirstBank Southwest | $140,000 | $105,000 | -25.0% | 0.1% |
SOUTHWEST STAGE FUNDING, LLC | $235,000 | $105,000 | -55.3% | 0.1% |
PNC Bank | $95,000 | n/a | 0.1% | |
Servion, Inc. | $95,000 | n/a | 0.1% | |
CMG MORTGAGE, INC. | $325,000 | $85,000 | -73.8% | 0.1% |
VILLAGE CAPITAL & INVESTMENT LLC | $115,000 | $85,000 | -26.1% | 0.1% |
Visio Financial Services Inc. | $85,000 | n/a | 0.1% | |
Amarillo National Bank | $45,000 | n/a | 0.1% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $35,000 | n/a | 0.0% |
Woodward's top lender by overall market share is Great Plains National Bank, with 14.8% market share. In second place, with 10.0%, is QUICKEN LOANS, LLC, having originated $7,175,000 in loans. In third place, with 8.2%, is GUILD MORTGAGE COMPANY, having originated $5,920,000 in loans. In third place, with 5.3%, is Mortgage Investment Services Corporation, having originated $3,825,000 in loans. In third place, with 4.8%, is Citizens Bank, having originated $3,475,000 in loans.
Woodward, OK Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 233 | $35,295,000 | $151,481 |
Refi | 141 | $25,185,000 | $178,617 |
Cash Out Refi | 61 | $10,795,000 | $176,967 |
Home Improvement | 7 | $435,000 | $62,143 |
Other | 4 | $300,000 | $75,000 |
Woodward's most frequently cited loan purpose was Home Purchase, with 233 originations. The 2nd most popular reason was Refi, with 141 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
2.5-3% | 188 | $31,960,000 | $170,000 |
3-4% | 153 | $25,285,000 | $165,261 |
<2.5% | 61 | $9,485,000 | $155,492 |
4-5% | 21 | $2,455,000 | $116,905 |
5-6% | 6 | $700,000 | $116,667 |
6-7% | 5 | $655,000 | $131,000 |
7-8% | 2 | $260,000 | $130,000 |
Over 8% | 2 | $250,000 | $125,000 |
During 2021, Woodward's most frequently originated rate bucket was 2.5-3%, with 188 originations.
Loan Sizing (Woodward, OK MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 216 | $31,040,000 | $143,704 |
$100,000 or less | 121 | $8,635,000 | $71,364 |
$200k-400k | 96 | $26,150,000 | $272,396 |
$400k-600k | 12 | $5,520,000 | $460,000 |
$600k-1000k | 1 | $665,000 | $665,000 |
Woodward's loan sizing saw the bucket of loans from $100k-200k with 216 originations, totaling $31,040,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 240 | $37,520,000 | $156,333 |
60-80% | 127 | $24,325,000 | $191,535 |
40-60% | 31 | $4,735,000 | $152,742 |
20-40% | 11 | $875,000 | $79,545 |
Under 20% | 7 | $335,000 | $47,857 |
Over 100% | 4 | $460,000 | $115,000 |
Woodward's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 240 originations, totaling $37,520,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Woodward (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 | $156,500 (1.0%) | $211,678 (2.3%) | 0.00 | 88 |
2018-02-01 | $154,500 (4.1%) | $194,897 (-5.0%) | 0.00 | 91 |
2018-03-01 | $150,000 (0.7%) | $195,026 (-7.1%) | 0.00 | 92 |
2018-04-01 | $149,450 (3.1%) | $202,337 (-1.5%) | 0.00 | 88 |
2018-05-01 | $147,000 (-1.3%) | $203,617 (0.5%) | 0.00 | 87 |
2018-06-01 | $145,000 (-3.0%) | $215,876 (3.8%) | 0.00 | 103 |
2018-07-01 | $137,750 (-8.2%) | $202,000 (-1.7%) | 0.00 | 110 |
2018-08-01 | $139,000 (-11.8%) | $200,572 (-2.9%) | 0.00 | 117 |
2018-09-01 | $144,500 (-12.4%) | $191,045 (-16.4%) | 0.00 | 124 |
2018-10-01 | $140,750 (-15.2%) | $171,984 (-25.1%) | 0.00 | 119 |
2018-11-01 | $139,000 (-13.7%) | $174,084 (-21.9%) | 0.00 | 107 |
2018-12-01 | $140,000 (-13.0%) | $178,277 (-19.4%) | 0.00 | 103 |
2019-01-01 | $148,000 (-5.4%) | $176,687 (-16.5%) | 0.00 | 101 |
2019-02-01 | $156,000 (1.0%) | $184,594 (-5.3%) | 0.00 | 97 |
2019-03-01 | $167,529 (11.7%) | $195,002 (0.0%) | 0.00 | 86 |
2019-04-01 | $177,479 (18.8%) | $201,679 (-0.3%) | 0.00 | 82 |
2019-05-01 | $172,000 (17.0%) | $199,688 (-1.9%) | 0.00 | 83 |
2019-06-01 | $172,000 (18.6%) | $202,682 (-6.1%) | 0.00 | 87 |
2019-07-01 | $168,000 (22.0%) | $201,939 (0.0%) | 0.00 | 89 |
2019-08-01 | $155,657 (12.0%) | $189,766 (-5.4%) | 0.00 | 89 |
2019-09-01 | $150,000 (3.8%) | $183,745 (-3.8%) | 0.00 | 89 |
2019-10-01 | $150,000 (6.6%) | $186,316 (8.3%) | 0.00 | 99 |
2019-11-01 | $150,000 (7.9%) | $186,826 (7.3%) | 0.00 | 96 |
2019-12-01 | $148,750 (6.3%) | $184,487 (3.5%) | 0.00 | 87 |
2020-01-01 | $145,000 (-2.0%) | $187,870 (6.3%) | 0.00 | 81 |
2020-02-01 | $145,000 (-7.1%) | $178,876 (-3.1%) | 0.00 | 80 |
2020-03-01 | $147,000 (-12.3%) | $180,281 (-7.6%) | 0.00 | 89 |
2020-04-01 | $152,750 (-13.9%) | $197,697 (-2.0%) | 0.00 | 92 |
2020-05-01 | $150,000 (-12.8%) | $198,600 (-0.6%) | 0.00 | 85 |
2020-06-01 | $147,000 (-14.5%) | $186,693 (-7.9%) | 0.00 | 107 |
2020-07-01 | $150,000 (-10.7%) | $190,818 (-5.5%) | 0.00 | 105 |
2020-08-01 | $139,900 (-10.1%) | $193,652 (2.1%) | 0.00 | 99 |
2020-09-01 | $133,300 (-11.1%) | $207,076 (12.7%) | 0.00 | 99 |
2020-10-01 | $125,000 (-16.7%) | $198,385 (6.5%) | 0.00 | 89 |
2020-11-01 | $129,500 (-13.7%) | $203,849 (9.1%) | 0.00 | 82 |
2020-12-01 | $125,000 (-16.0%) | $205,112 (11.2%) | 0.00 | 79 |
2021-01-01 | $119,500 (-17.6%) | $204,468 (8.8%) | 0.00 | 74 |
2021-02-01 | $120,000 (-17.2%) | $212,871 (19.0%) | 0.00 | 66 |
2021-03-01 | $130,000 (-11.6%) | $219,737 (21.9%) | 0.00 | 63 |
2021-04-01 | $122,000 (-20.1%) | $211,097 (6.8%) | 0.00 | 73 |
2021-05-01 | $125,000 (-16.7%) | $198,284 (-0.2%) | 0.00 | 75 |
2021-06-01 | $123,500 (-16.0%) | $192,643 (3.2%) | 0.00 | 62 |
2021-07-01 | $145,000 (-3.3%) | $196,421 (2.9%) | 0.00 | 60 |
2021-08-01 | $140,500 (0.4%) | $181,032 (-6.5%) | 0.00 | 67 |
2021-09-01 | $137,750 (3.3%) | $182,294 (-12.0%) | 0.00 | 62 |
2021-10-01 | $137,000 (9.6%) | $193,046 (-2.7%) | 0.00 | 71 |
2021-11-01 | $132,500 (2.3%) | $191,914 (-5.9%) | 0.00 | 67 |
2021-12-01 | $130,000 (4.0%) | $181,819 (-11.4%) | 0.00 | 67 |
2022-01-01 | $129,000 (8.0%) | $183,236 (-10.4%) | 0.00 | 60 |
2022-02-01 | $120,000 (0.0%) | $170,131 (-20.1%) | 0.00 | 61 |
2022-03-01 | $124,500 (-4.2%) | $185,019 (-15.8%) | 0.00 | 67 |
2022-04-01 | $135,000 (10.7%) | $186,455 (-11.7%) | 0.00 | 70 |
2022-05-01 | $140,000 (12.0%) | $199,071 (0.4%) | 0.00 | 66 |
2022-06-01 | $133,500 (8.1%) | $186,169 (-3.4%) | 0.00 | 63 |
Woodward's median listing price comes in at 0% of the national average.
Woodward's average listing price for 2022-06-01 was $186,169, a difference of $-6,474 (-3.4%) versus the prior year and $-12,902 versus the prior month.
For the 2022-06-01 period, Woodward had 63 MLS listings, a difference of -3 listings (-5%) versus the prior month and 1 listings (2%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Woodward (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,514 sqft |
2018-02-01 | 0 days | 1,514 sqft |
2018-03-01 | 0 days | 1,514 sqft |
2018-04-01 | 0 days | 1,568 sqft |
2018-05-01 | 0 days | 1,568 sqft |
2018-06-01 | 0 days | 1,568 sqft |
2018-07-01 | 0 days | 1,080 sqft |
2018-08-01 | 0 days | 1,080 sqft |
2018-09-01 | 0 days | 1,080 sqft |
2018-10-01 | 0 days | 1,080 sqft |
2018-11-01 | 0 days | 1,148 sqft |
2018-12-01 | 0 days | 1,216 sqft |
2019-01-01 | 0 days | 1,470 sqft |
2019-02-01 | 0 days | 1,775 sqft |
2019-03-01 | 0 days | 2,080 sqft |
2019-04-01 | 0 days | 2,480 sqft |
2019-05-01 | 0 days | 1,892 sqft |
2019-06-01 | 0 days | 1,876 sqft |
2019-07-01 | 0 days | 1,904 sqft |
2019-08-01 | 0 days | 1,841 sqft |
2019-09-01 | 0 days | 1,812 sqft |
2019-10-01 | 0 days | 1,795 sqft |
2019-11-01 | 0 days | 1,799 sqft |
2019-12-01 | 0 days | 1,760 sqft |
2020-01-01 | 0 days | 1,729 sqft |
2020-02-01 | 0 days | 1,729 sqft |
2020-03-01 | 0 days | 1,631 sqft |
2020-04-01 | 0 days | 1,818 sqft |
2020-05-01 | 0 days | 1,790 sqft |
2020-06-01 | 0 days | 1,641 sqft |
2020-07-01 | 0 days | 1,762 sqft |
2020-08-01 | 0 days | 1,762 sqft |
2020-09-01 | 0 days | 1,635 sqft |
2020-10-01 | 0 days | 1,587 sqft |
2020-11-01 | 0 days | 1,607 sqft |
2020-12-01 | 0 days | 1,615 sqft |
2021-01-01 | 0 days | 1,500 sqft |
2021-02-01 | 0 days | 1,528 sqft |
2021-03-01 | 0 days | 1,568 sqft |
2021-04-01 | 0 days | 1,578 sqft |
2021-05-01 | 0 days | 1,564 sqft |
2021-06-01 | 0 days | 1,587 sqft |
2021-07-01 | 0 days | 1,719 sqft |
2021-08-01 | 0 days | 1,601 sqft |
2021-09-01 | 0 days | 1,591 sqft |
2021-10-01 | 0 days | 1,612 sqft |
2021-11-01 | 0 days | 1,657 sqft |
2021-12-01 | 0 days | 1,657 sqft |
2022-01-01 | 0 days | 1,597 sqft |
2022-02-01 | 0 days | 1,583 sqft |
2022-03-01 | 0 days | 1,603 sqft |
2022-04-01 | 0 days | 1,761 sqft |
2022-05-01 | 0 days | 1,797 sqft |
2022-06-01 | 0 days | 1,680 sqft |
Woodward's median square footage for active listings during the 2022-06-01 period was 1,680 sqft. One year prior, the average listing was 1,587 sqft.