Woodward Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Woodward averaged 6.68% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

    The average rate for the prior week (2024-11-07) was 6.89% and one month ago for the week of 2024-10-10, the average rate was 6.12%.

    Woodward's average rate one year ago was 7.3%.

    For refis of the same type during the week of 2024-11-14, the average rate was 7.18%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Woodward 30 Year Fixed Rate 2024-11-14 6.68%
    Woodward 30 Year Fixed Rate Refi 2024-11-14 7.18%
    Woodward 15 Year Fixed Rate 2024-11-14 5.89%
    Woodward 15 Year Fixed Rate Refi 2024-11-14 6.29%
    Woodward 30 Year FHA 2024-11-14 0.2%
    Woodward 30 Year FHA Refi 2024-11-14 0.3%
    Woodward 30 Year USDA 2024-11-14 0.2%
    Woodward 30 Year USDA Refi 2024-11-14 0.2%
    Woodward 30 Year VA 2024-11-14 0%
    Woodward 30 Year VA Refi 2024-11-14 -0.2%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Woodward, OK.

    Woodward 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 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.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    GUILD MORTGAGE COMPANY 10 7.05% $5,227
    Gateway First Bank 8 6.81% $4,147
    MidFirst Bank 5 5.89% $3,286
    UNITED WHOLESALE MORTGAGE, LLC 4 6.80% $10,230
    GUARANTEED RATE, INC. 4 6.86% $4,228
    QUICKEN LOANS, LLC 4 6.56% $7,347
    Stride Bank 3 6.58% $3,583
    Great Plains National Bank 3 6.63% $11,791
    F & M Bank 3 7.88% $5,482
    Mortgage Research Center, LLC 2 6.94% $3,070
    Paramount Residential Mortgage Group, Inc. 2 8.25% $3,577
    INTERLINC MORTGAGE SERVICES, LLC 1 7.99% $8,143
    OCMBC, INC. 1 7.00% $10,607
    POLARIS HOME FUNDING CORP. 1 7.63% $7,120
    Tinker Federal Credit Union 1 6.38% $2,388
    UNION HOME MORTGAGE CORP. 1 7.75% $3,698
    VALOR BANK 1 7.75% $4,445
    Access Community Credit Union 1 7.50% $3,753
    WINGS FINANCIAL 1 5.38% $2,929
    AMERICAN FINANCIAL NETWORK, INC. 1 6.63% $7,224
    Arvest Bank 1 6.25% $2,859
    BOKF 1 6.13% $4,603
    COMMUNICATION 1 8.38% $3,389
    CORNERSTONE HOME LENDING, INC. 1 7.63% $6,593
    Equity Bank 1 5.99% $3,427
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.99% $13,424
    First Western Trust Bank 1 6.00% $1,519
    Flagstar Bank, FSB 1 6.63% $2,410
    InterBank 1 8.50% $1,483

    Woodward Average Closing Costs & Other Stats

    Woodward, OK's 29 lenders originated 232 loans during 2023. The total origination value was $34,800,000, with an average loan value of $150,000.

    Woodward's average closing costs are $4,597.

    The top Woodward lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 10 loans originated. Their average total fees are $5,227, which is $1,080 higher than the next largest lender, Gateway First Bank.

    The lowest fee Woodward lenders (with over 10 loans originated) are GUILD MORTGAGE COMPANY ($5,227), .

    The lowest rate Woodward lenders (with over 10 loans originated) are GUILD MORTGAGE COMPANY (7.05%), .

    Woodward, 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
    Great Plains National Bank $6,420,000 $4,070,000 -36.6% 11.7%
    GUILD MORTGAGE COMPANY $1,800,000 $3,555,000 97.5% 10.2%
    Gateway First Bank $2,185,000 $3,195,000 46.2% 9.2%
    GUARANTEED RATE, INC. $1,795,000 $2,235,000 24.5% 6.4%
    UNITED WHOLESALE MORTGAGE, LLC $135,000 $1,770,000 1,211.1% 5.1%
    Mortgage Research Center, LLC $800,000 $1,685,000 110.6% 4.8%
    Stride Bank $1,425,000 $1,595,000 11.9% 4.6%
    13946 $1,385,000 n/a 4.0%
    QUICKEN LOANS, LLC $3,475,000 $1,325,000 -61.9% 3.8%
    MidFirst Bank $7,720,000 $1,300,000 -83.2% 3.7%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $570,000 $1,275,000 123.7% 3.7%
    Bank 7 $350,000 $620,000 77.1% 1.8%
    INTERLINC MORTGAGE SERVICES, LLC $85,000 $620,000 629.4% 1.8%
    Paramount Residential Mortgage Group, Inc. $580,000 n/a 1.7%
    UNION HOME MORTGAGE CORP. $55,000 $580,000 954.5% 1.7%
    TRIAD FINANCIAL SERVICES, INC. $480,000 n/a 1.4%
    F & M Bank $815,000 $455,000 -44.2% 1.3%
    BROKER SOLUTIONS, INC. $525,000 $395,000 -24.8% 1.1%
    Arvest Bank $75,000 $330,000 340.0% 0.9%
    First United Bank and Trust Company $715,000 $310,000 -56.6% 0.9%
    VALOR BANK $305,000 n/a 0.9%
    GUARANTEED RATE AFFINITY, LLC $295,000 n/a 0.8%
    PREMIA MORTGAGE, LLC $295,000 n/a 0.8%
    Flagstar Bank, FSB $750,000 $265,000 -64.7% 0.8%
    SOUTHWEST STAGE FUNDING, LLC $250,000 n/a 0.7%
    Equity Bank $240,000 n/a 0.7%
    NAVY FEDERAL CREDIT UNION $790,000 $225,000 -71.5% 0.6%
    NBC Oklahoma $195,000 n/a 0.6%
    OCMBC, INC. $195,000 n/a 0.6%
    21ST MORTGAGE CORPORATION $365,000 $190,000 -47.9% 0.5%
    First Western Trust Bank $185,000 n/a 0.5%
    HOMEXPRESS MORTGAGE CORP. $185,000 n/a 0.5%
    MORTGAGE ACCESS CORP. $175,000 n/a 0.5%
    The Huntington National Bank $175,000 n/a 0.5%
    AMWEST FUNDING CORP. $165,000 n/a 0.5%
    POLARIS HOME FUNDING CORP. $165,000 n/a 0.5%
    MID AMERICA MORTGAGE, INC. $205,000 $160,000 -22.0% 0.5%
    AMERICAN FINANCIAL NETWORK, INC. $155,000 n/a 0.4%
    SWBC MORTGAGE CORPORATION $155,000 n/a 0.4%
    WINGS FINANCIAL $155,000 n/a 0.4%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $145,000 n/a 0.4%
    AMERISAVE MORTGAGE CORPORATION $145,000 n/a 0.4%
    CORNERSTONE HOME LENDING, INC. $175,000 $145,000 -17.1% 0.4%
    NEW DAY FINANCIAL, LLC $135,000 n/a 0.4%
    OKLAHOMA'S $125,000 n/a 0.4%
    OPEN MORTGAGE, LLC $115,000 n/a 0.3%
    United Fidelity Funding Corp. $115,000 n/a 0.3%
    FINANCIAL CONCEPTS MORTGAGE, LLC $105,000 n/a 0.3%
    U.S. Bank $310,000 $100,000 -67.7% 0.3%
    Access Community Credit Union $95,000 n/a 0.3%
    Tinker Federal Credit Union $95,000 n/a 0.3%
    AMERICAN FINANCIAL RESOURCES, INC. $75,000 n/a 0.2%
    BOKF $95,000 $75,000 -21.1% 0.2%
    COMMUNICATION $75,000 n/a 0.2%
    InterBank $270,000 $75,000 -72.2% 0.2%
    Mortgage Investment Services Corporation $1,220,000 $75,000 -93.9% 0.2%
    Bethpage Federal Credit Union $55,000 n/a 0.2%
    HomeTrust Bank $55,000 n/a 0.2%
    UMB Bank $55,000 n/a 0.2%

    Woodward's top lender by overall market share is Great Plains National Bank, with 11.7% market share. In second place, with 10.2%, is GUILD MORTGAGE COMPANY, having originated $3,555,000 in loans. In third place, with 9.2%, is Gateway First Bank, having originated $3,195,000 in loans. In fourth place, with 6.4%, is GUARANTEED RATE, INC., having originated $2,235,000 in loans. In fifth place, with 5.1%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $1,770,000 in loans.

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

    Realtor.com - Woodward (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 $140,000 (-3.1%) $189,345 (2.5%) 0.00 113
    2018-02-01 $139,750 (0.5%) $177,985 (-2.9%) 0.00 117
    2018-03-01 $139,500 (-0.4%) $176,067 (-5.4%) 0.00 116
    2018-04-01 $135,500 (3.0%) $180,288 (-0.7%) 0.00 112
    2018-05-01 $131,875 (0.3%) $179,124 (0.8%) 0.00 113
    2018-06-01 $130,000 (0.2%) $186,156 (2.6%) 0.00 133
    2018-07-01 $125,000 (-3.5%) $176,533 (-5.5%) 0.00 147
    2018-08-01 $125,000 (-6.9%) $177,479 (-5.0%) 0.00 154
    2018-09-01 $128,000 (-14.7%) $172,782 (-15.7%) 0.00 154
    2018-10-01 $120,000 (-20.5%) $159,511 (-22.1%) 0.00 146
    2018-11-01 $120,000 (-15.0%) $160,756 (-18.8%) 0.00 135
    2018-12-01 $120,000 (-9.4%) $164,555 (-15.2%) 0.00 125
    2019-01-01 $124,625 (-11.0%) $164,251 (-13.3%) 0.00 124
    2019-02-01 $136,000 (-2.7%) $168,625 (-5.3%) 0.00 116
    2019-03-01 $147,957 (6.1%) $181,563 (3.1%) 0.00 106
    2019-04-01 $158,225 (16.8%) $188,042 (4.3%) 0.00 104
    2019-05-01 $156,375 (18.6%) $184,640 (3.1%) 0.00 105
    2019-06-01 $155,000 (19.2%) $187,666 (0.8%) 0.00 111
    2019-07-01 $157,450 (26.0%) $184,752 (4.7%) 0.00 116
    2019-08-01 $147,818 (18.3%) $177,253 (-0.1%) 0.00 117
    2019-09-01 $146,795 (14.7%) $176,121 (1.9%) 0.00 122
    2019-10-01 $145,250 (21.0%) $175,218 (9.9%) 0.00 124
    2019-11-01 $143,500 (19.6%) $172,341 (7.2%) 0.00 123
    2019-12-01 $140,500 (17.1%) $170,999 (3.9%) 0.00 103
    2020-01-01 $140,000 (12.3%) $171,800 (4.6%) 0.00 102
    2020-02-01 $137,500 (1.1%) $164,779 (-2.3%) 0.00 98
    2020-03-01 $140,000 (-5.4%) $167,243 (-7.9%) 0.00 111
    2020-04-01 $143,750 (-9.2%) $178,586 (-5.0%) 0.00 115
    2020-05-01 $140,000 (-10.5%) $180,810 (-2.1%) 0.00 111
    2020-06-01 $136,125 (-12.2%) $171,595 (-8.6%) 0.00 131
    2020-07-01 $136,000 (-13.6%) $174,374 (-5.6%) 0.00 128
    2020-08-01 $130,000 (-12.1%) $175,318 (-1.1%) 0.00 121
    2020-09-01 $120,000 (-18.3%) $187,041 (6.2%) 0.00 120
    2020-10-01 $114,500 (-21.2%) $181,603 (3.6%) 0.00 110
    2020-11-01 $120,000 (-16.4%) $186,551 (8.3%) 0.00 99
    2020-12-01 $118,875 (-15.4%) $190,564 (11.4%) 0.00 96
    2021-01-01 $110,000 (-21.4%) $187,319 (9.0%) 0.00 88
    2021-02-01 $115,000 (-16.4%) $197,973 (20.1%) 0.00 80
    2021-03-01 $115,750 (-17.3%) $201,587 (20.5%) 0.00 75
    2021-04-01 $113,750 (-20.9%) $193,510 (8.4%) 0.00 84
    2021-05-01 $116,000 (-17.1%) $186,900 (3.4%) 0.00 88
    2021-06-01 $115,000 (-15.5%) $183,183 (6.8%) 0.00 70
    2021-07-01 $130,750 (-3.9%) $187,845 (7.7%) 0.00 69
    2021-08-01 $127,000 (-2.3%) $166,959 (-4.8%) 0.00 76
    2021-09-01 $128,500 (7.1%) $168,370 (-10.0%) 0.00 72
    2021-10-01 $135,000 (17.9%) $181,459 (-0.1%) 0.00 82
    2021-11-01 $130,625 (8.9%) $182,089 (-2.4%) 0.00 77
    2021-12-01 $129,625 (9.0%) $174,136 (-8.6%) 0.00 78
    2022-01-01 $129,000 (17.3%) $176,491 (-5.8%) 0.00 69
    2022-02-01 $117,500 (2.2%) $162,324 (-18.0%) 0.00 70
    2022-03-01 $126,750 (9.5%) $179,677 (-10.9%) 0.00 76
    2022-04-01 $135,000 (18.7%) $181,568 (-6.2%) 0.00 82
    2022-05-01 $141,250 (21.8%) $192,877 (3.2%) 0.00 78
    2022-06-01 $130,250 (13.3%) $176,766 (-3.5%) 0.00 77
    2022-07-01 $128,000 (-2.1%) $174,215 (-7.3%) 0.00 83
    2022-08-01 $129,000 (1.6%) $173,875 (4.1%) 0.00 86
    2022-09-01 $131,750 (2.5%) $173,995 (3.3%) 0.00 85
    2022-10-01 $125,000 (-7.4%) $173,629 (-4.3%) 0.00 76
    2022-11-01 $133,250 (2.0%) $188,997 (3.8%) 0.00 76
    2022-12-01 $139,250 (7.4%) $191,893 (10.2%) 0.00 73
    2023-01-01 $146,250 (13.4%) $196,321 (11.2%) 0.00 67
    2023-02-01 $143,625 (22.2%) $196,965 (21.3%) 0.00 60
    2023-03-01 $150,125 (18.4%) $201,096 (11.9%) 0.00 51
    2023-04-01 $160,000 (18.5%) $197,485 (8.8%) 0.00 56
    2023-05-01 $150,750 (6.7%) $196,338 (1.8%) 0.00 55
    2023-06-01 $149,625 (14.9%) $192,775 (9.1%) 0.00 58
    2023-07-01 $145,000 (13.3%) $183,099 (5.1%) 0.00 62
    2023-08-01 $141,750 (9.9%) $189,426 (8.9%) 0.00 66
    2023-09-01 $143,500 (8.9%) $195,354 (12.3%) 0.00 70
    2023-10-01 $133,975 (7.2%) $196,084 (12.9%) 0.00 74
    2023-11-01 $139,025 (4.3%) $204,724 (8.3%) 0.00 78
    2023-12-01 $155,000 (11.3%) $220,908 (15.1%) 0.00 77
    2024-01-01 $151,250 (3.4%) $205,624 (4.7%) 0.00 76
    2024-02-01 $143,750 (0.1%) $203,650 (3.4%) 0.00 77
    2024-03-01 $157,500 (4.9%) $210,863 (4.9%) 0.00 79
    2024-04-01 $151,250 (-5.5%) $198,809 (0.7%) 0.00 82
    2024-05-01 $150,000 (-0.5%) $196,484 (0.1%) 0.00 78
    2024-06-01 $172,000 (15.0%) $221,044 (14.7%) 0.00 79
    2024-07-01 $176,000 (21.4%) $215,855 (17.9%) 0.00 87
    2024-08-01 $160,000 (12.9%) $218,208 (15.2%) 0.00 85
    2024-09-01 $152,500 (6.3%) $210,816 (7.9%) 0.00 80
    2024-10-01 $160,000 (19.4%) $212,642 (8.4%) 0.00 81
    Woodward's median listing price for 2024-10-01 was $160,000, a difference of $26,025 (19.4%) versus the prior year and $7,500 versus the prior month.

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

    Woodward's average listing price for 2024-10-01 was $212,642, a difference of $16,558 (8.4%) versus the prior year and $1,826 versus the prior month.

    For the 2024-10-01 period, Woodward had 81 MLS listings, a difference of 1 listings (1%) versus the prior month and 7 listings (9%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Woodward (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,696 sqft
    2018-02-01 0 days 1,719 sqft
    2018-03-01 0 days 1,711 sqft
    2018-04-01 0 days 1,745 sqft
    2018-05-01 0 days 1,761 sqft
    2018-06-01 0 days 1,745 sqft
    2018-07-01 0 days 1,629 sqft
    2018-08-01 0 days 1,724 sqft
    2018-09-01 0 days 1,680 sqft
    2018-10-01 0 days 1,625 sqft
    2018-11-01 0 days 1,608 sqft
    2018-12-01 0 days 1,630 sqft
    2019-01-01 0 days 1,626 sqft
    2019-02-01 0 days 1,610 sqft
    2019-03-01 0 days 1,758 sqft
    2019-04-01 0 days 1,781 sqft
    2019-05-01 0 days 1,811 sqft
    2019-06-01 0 days 1,823 sqft
    2019-07-01 0 days 1,803 sqft
    2019-08-01 0 days 1,645 sqft
    2019-09-01 0 days 1,665 sqft
    2019-10-01 0 days 1,678 sqft
    2019-11-01 0 days 1,682 sqft
    2019-12-01 0 days 1,588 sqft
    2020-01-01 0 days 1,571 sqft
    2020-02-01 0 days 1,588 sqft
    2020-03-01 0 days 1,583 sqft
    2020-04-01 0 days 1,671 sqft
    2020-05-01 0 days 1,692 sqft
    2020-06-01 0 days 1,571 sqft
    2020-07-01 0 days 1,629 sqft
    2020-08-01 0 days 1,560 sqft
    2020-09-01 0 days 1,558 sqft
    2020-10-01 0 days 1,455 sqft
    2020-11-01 0 days 1,560 sqft
    2020-12-01 0 days 1,546 sqft
    2021-01-01 0 days 1,476 sqft
    2021-02-01 0 days 1,488 sqft
    2021-03-01 0 days 1,537 sqft
    2021-04-01 0 days 1,551 sqft
    2021-05-01 0 days 1,546 sqft
    2021-06-01 0 days 1,559 sqft
    2021-07-01 0 days 1,592 sqft
    2021-08-01 0 days 1,583 sqft
    2021-09-01 0 days 1,561 sqft
    2021-10-01 0 days 1,609 sqft
    2021-11-01 0 days 1,648 sqft
    2021-12-01 0 days 1,675 sqft
    2022-01-01 0 days 1,601 sqft
    2022-02-01 0 days 1,585 sqft
    2022-03-01 0 days 1,624 sqft
    2022-04-01 0 days 1,808 sqft
    2022-05-01 0 days 1,801 sqft
    2022-06-01 0 days 1,679 sqft
    2022-07-01 0 days 1,674 sqft
    2022-08-01 0 days 1,658 sqft
    2022-09-01 0 days 1,655 sqft
    2022-10-01 0 days 1,621 sqft
    2022-11-01 0 days 1,668 sqft
    2022-12-01 0 days 1,732 sqft
    2023-01-01 0 days 1,690 sqft
    2023-02-01 0 days 1,715 sqft
    2023-03-01 0 days 1,772 sqft
    2023-04-01 0 days 1,723 sqft
    2023-05-01 0 days 1,757 sqft
    2023-06-01 0 days 1,674 sqft
    2023-07-01 0 days 1,514 sqft
    2023-08-01 0 days 1,571 sqft
    2023-09-01 0 days 1,673 sqft
    2023-10-01 0 days 1,572 sqft
    2023-11-01 0 days 1,606 sqft
    2023-12-01 0 days 1,711 sqft
    2024-01-01 0 days 1,672 sqft
    2024-02-01 0 days 1,540 sqft
    2024-03-01 0 days 1,707 sqft
    2024-04-01 0 days 1,675 sqft
    2024-05-01 0 days 1,600 sqft
    2024-06-01 0 days 1,791 sqft
    2024-07-01 0 days 1,872 sqft
    2024-08-01 0 days 1,812 sqft
    2024-09-01 0 days 1,784 sqft
    2024-10-01 0 days 1,786 sqft
    Woodward's median listing age (time on market) for 2024-10-01 was 0 days.

    Woodward's median square footage for active listings during the 2024-10-01 period was 1,786 sqft. One year prior, the average listing was 1,572 sqft.

    Woodward, OK Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 173 $27,025,000 $156,214
    Refi 31 $4,645,000 $149,839
    Cash Out Refi 13 $2,075,000 $159,615
    Other 9 $625,000 $69,444
    Home Improvement 6 $430,000 $71,667

    Woodward's most frequently cited loan purpose was Home Purchase, with 173 originations. The 2nd most popular reason was Refi, with 31 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 82 $12,170,000 $148,415
    7-8% 65 $11,495,000 $176,846
    Over 8% 33 $3,065,000 $92,879
    5-6% 27 $4,695,000 $173,889
    <2.5% 3 $125,000 $41,667

    During 2023, Woodward's most frequently originated rate bucket was 6-7%, with 82 originations.

    Loan Sizing (Woodward, OK MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 112 $16,070,000 $143,482
    $100,000 or less 80 $5,180,000 $64,750
    $200k-400k 32 $8,330,000 $260,313
    $400k-600k 4 $1,790,000 $447,500
    $600k-1000k 3 $2,325,000 $775,000
    $Over $1MM 1 $1,105,000 $1,105,000

    Woodward's loan sizing saw the bucket of loans from $100k-200k with 112 originations, totaling $16,070,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 132 $20,290,000 $153,712
    60-80% 43 $7,755,000 $180,349
    20-40% 11 $615,000 $55,909
    40-60% 11 $1,085,000 $98,636
    Under 20% 10 $390,000 $39,000
    Over 100% 3 $1,415,000 $471,667

    Woodward's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 132 originations, totaling $20,290,000 in origination value.