Woodward Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Woodward averaged 6.65% for the week of 2024-02-22, compared to the national average of 6.9% for the same period.

The average rate for the prior week (2024-02-15) was 6.52% and one month ago for the week of 2024-01-18, the average rate was 6.45%.

Woodward's average rate one year ago was 6.6%.

For refis of the same type during the week of 2024-02-22, the average rate was 7.2%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-22 6.9%
Woodward 30 Year Fixed Rate 2024-02-22 6.65%
Woodward 30 Year Fixed Rate Refi 2024-02-22 7.2%
Woodward 15 Year Fixed Rate 2024-02-22 6.09%
Woodward 15 Year Fixed Rate Refi 2024-02-22 6.19%
Woodward 30 Year FHA 2024-02-22 -0.2%
Woodward 30 Year FHA Refi 2024-02-22 0%
Woodward 30 Year USDA 2024-02-22 0.1%
Woodward 30 Year USDA Refi 2024-02-22 -0.2%
Woodward 30 Year VA 2024-02-22 -0.2%
Woodward 30 Year VA Refi 2024-02-22 0%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Great Plains National Bank 16 5.13% $4,475
Citizens Bank 6 5.21% $3,557
QUICKEN LOANS, LLC 5 5.02% $5,173
MidFirst Bank 5 4.85% $3,457
Gateway First Bank 5 5.83% $4,167
GUILD MORTGAGE COMPANY 4 5.13% $2,710
First United Bank and Trust Company 3 5.17% $5,286
F & M Bank 3 5.54% $2,706
Mortgage Investment Services Corporation 3 5.00% $3,774
Stride Bank 3 5.54% $7,191
InterBank 2 5.75% $2,016
GUARANTEED RATE, INC. 2 5.31% $4,032
NAVY FEDERAL CREDIT UNION 2 5.44% $2,546
HOME POINT FINANCIAL CORPORATION 2 5.44% $4,590
BROKER SOLUTIONS, INC. 2 5.56% $8,611
Wells Fargo Bank 2 5.38% $2,745
CARDINAL FINANCIAL 2 5.50% $12,164
NEWREZ LLC 1 4.13% $4,527
RCB Bank 1 3.25% $5,245
The Federal Savings Bank 1 3.75% $8,159
TIB The Independent Bankersbank 1 4.88% $7,296
Truist 1 4.25% $2,794
TTCU Federal Credit Union 1 3.63% $3,920
Amarillo National Bank 1 4.88% $4,411
Wyndham Capital Mortgage, Inc. 1 3.38% $2,353
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 5.00% $3,373
Arvest Bank 1 5.00% $4,681
ASSOCIATED MORTGAGE CORPORATION 1 4.13% $3,233
Bank of America 1 3.00% $4,597
BOKF 1 6.00% $3,329
CALIBER HOME LOANS, INC. 1 4.00% $3,251
Carrington Mortgage Services, LLC 1 5.38% $4,942
EVERETT FINANCIAL, INC. 1 6.99% $1,724
FINANCE OF AMERICA MORTGAGE LLC 1 6.38% $4,940
FREEDOM MORTGAGE CORPORATION 1 4.25% $5,385
Goldwater Bank, N.A. 1 4.25% $3,422
Hometown Lenders, Inc. 1 4.13% $2,722
IMPAC MORTGAGE CORP. 1 4.75% $5,811
INTERLINC MORTGAGE SERVICES, LLC 1 4.13% $3,712
LOANDEPOT.COM, LLC 1 3.25% $3,465
MOVEMENT MORTGAGE, LLC 1 5.38% $4,705

Woodward Average Closing Costs & Other Stats

Woodward, OK's 41 lenders originated 272 loans during 2022. The total origination value was $54,730,000, with an average loan value of $201,213.

Woodward's average closing costs are $4,413.

The top Woodward lender as defined by loan originations is Great Plains National Bank, with 16 loans originated. Their average total fees are $4,475, which is $918 higher than the next largest lender, Citizens Bank.

The lowest fee Woodward lenders (with over 10 loans originated) are Great Plains National Bank ($4,475), .

The lowest rate Woodward lenders (with over 10 loans originated) are Great Plains National Bank (5.13%), .

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
MidFirst Bank $2,655,000 $7,720,000 190.8% 14.1%
Farmers Bank & Trust Company $7,255,000 n/a 13.3%
Great Plains National Bank $10,690,000 $6,420,000 -39.9% 11.7%
QUICKEN LOANS, LLC $7,175,000 $3,475,000 -51.6% 6.3%
Gateway First Bank $1,330,000 $2,185,000 64.3% 4.0%
GUILD MORTGAGE COMPANY $5,920,000 $1,800,000 -69.6% 3.3%
GUARANTEED RATE, INC. $3,320,000 $1,795,000 -45.9% 3.3%
Liberty National Bank $1,705,000 n/a 3.1%
Stride Bank $240,000 $1,425,000 493.8% 2.6%
Citizens Bank $3,475,000 $1,420,000 -59.1% 2.6%
CALIBER HOME LOANS, INC. $3,175,000 $1,225,000 -61.4% 2.2%
Mortgage Investment Services Corporation $3,825,000 $1,220,000 -68.1% 2.2%
Wells Fargo Bank $1,800,000 $1,015,000 -43.6% 1.9%
HOME POINT FINANCIAL CORPORATION $1,080,000 $980,000 -9.3% 1.8%
F & M Bank $530,000 $815,000 53.8% 1.5%
Mortgage Research Center, LLC $740,000 $800,000 8.1% 1.5%
NAVY FEDERAL CREDIT UNION $250,000 $790,000 216.0% 1.4%
Flagstar Bank, FSB $880,000 $750,000 -14.8% 1.4%
First United Bank and Trust Company $1,165,000 $715,000 -38.6% 1.3%
LOANDEPOT.COM, LLC $2,420,000 $695,000 -71.3% 1.3%
MOVEMENT MORTGAGE, LLC $595,000 n/a 1.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $570,000 n/a 1.0%
BROKER SOLUTIONS, INC. $525,000 n/a 1.0%
USAA Federal Savings Bank $115,000 $470,000 308.7% 0.9%
RCB Bank $455,000 n/a 0.8%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $450,000 n/a 0.8%
Chickasaw Community Bank $470,000 $380,000 -19.1% 0.7%
21ST MORTGAGE CORPORATION $445,000 $365,000 -18.0% 0.7%
Bank 7 $465,000 $350,000 -24.7% 0.6%
U.S. Bank $490,000 $310,000 -36.7% 0.6%
AMCAP MORTGAGE, LTD. $305,000 n/a 0.6%
Hometown Lenders, Inc. $285,000 n/a 0.5%
InterBank $270,000 n/a 0.5%
TTCU Federal Credit Union $145,000 $255,000 75.9% 0.5%
American Airlines Federal Credit Union $245,000 n/a 0.4%
VANDERBILT MORTGAGE AND FINANCE, INC. $145,000 $240,000 65.5% 0.4%
The Federal Savings Bank $225,000 n/a 0.4%
Truist $225,000 n/a 0.4%
Carrington Mortgage Services, LLC $155,000 $210,000 35.5% 0.4%
MID AMERICA MORTGAGE, INC. $205,000 n/a 0.4%
TIB The Independent Bankersbank $245,000 $205,000 -16.3% 0.4%
Wyndham Capital Mortgage, Inc. $195,000 n/a 0.4%
CORNERSTONE HOME LENDING, INC. $815,000 $175,000 -78.5% 0.3%
EVERETT FINANCIAL, INC. $175,000 n/a 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $35,000 $155,000 342.9% 0.3%
FREEDOM MORTGAGE CORPORATION $2,365,000 $145,000 -93.9% 0.3%
NEWREZ LLC $485,000 $145,000 -70.1% 0.3%
ASSOCIATED MORTGAGE CORPORATION $525,000 $135,000 -74.3% 0.2%
DRAPER AND KRAMER MORTGAGE CORP. $135,000 n/a 0.2%
FINANCE OF AMERICA MORTGAGE LLC $135,000 n/a 0.2%
UNITED WHOLESALE MORTGAGE, LLC $115,000 $135,000 17.4% 0.2%
Eagle Bank and Trust Company $125,000 n/a 0.2%
PENNYMAC LOAN SERVICES, LLC $125,000 $125,000 0.0% 0.2%
ALLEGIANCE $225,000 $115,000 -48.9% 0.2%
Bank of America $220,000 $115,000 -47.7% 0.2%
Figure Lending LLC $115,000 n/a 0.2%
IMPAC MORTGAGE CORP. $115,000 n/a 0.2%
Mr. Cooper ( Nationstar Mortgage ) $740,000 $115,000 -84.5% 0.2%
PENTAGON FEDERAL CREDIT UNION $115,000 n/a 0.2%
CHURCHILL MORTGAGE CORPORATION $300,000 $105,000 -65.0% 0.2%
Goldwater Bank, N.A. $105,000 n/a 0.2%
BOKF $825,000 $95,000 -88.5% 0.2%
INTERLINC MORTGAGE SERVICES, LLC $595,000 $85,000 -85.7% 0.2%
Arvest Bank $125,000 $75,000 -40.0% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $430,000 $75,000 -82.6% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $65,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $145,000 $65,000 -55.2% 0.1%
PNC Bank $95,000 $65,000 -31.6% 0.1%
Amarillo National Bank $45,000 $55,000 22.2% 0.1%
UNION HOME MORTGAGE CORP. $370,000 $55,000 -85.1% 0.1%
CHERRY CREEK MORTGAGE, LLC $45,000 n/a 0.1%
SPRING EQ, LLC $25,000 n/a 0.0%

Woodward's top lender by overall market share is MidFirst Bank, with 14.1% market share. In second place, with 13.3%, is Farmers Bank & Trust Company, having originated $7,255,000 in loans. In third place, with 11.7%, is Great Plains National Bank, having originated $6,420,000 in loans. In fourth place, with 6.3%, is QUICKEN LOANS, LLC, having originated $3,475,000 in loans. In fifth place, with 4.0%, is Gateway First Bank, having originated $2,185,000 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 $156,500 (-3.1%) $214,736 (2.5%) 0.00 89
2018-02-01 $155,750 (0.5%) $198,433 (-2.9%) 0.00 94
2018-03-01 $149,950 (-0.4%) $195,107 (-5.4%) 0.00 93
2018-04-01 $149,250 (3.0%) $201,094 (-0.7%) 0.00 90
2018-05-01 $146,500 (0.3%) $202,374 (0.8%) 0.00 89
2018-06-01 $146,500 (0.2%) $214,640 (2.6%) 0.00 104
2018-07-01 $140,000 (-3.5%) $202,658 (-5.5%) 0.00 112
2018-08-01 $143,500 (-6.9%) $201,972 (-5.0%) 0.00 119
2018-09-01 $145,450 (-14.7%) $191,600 (-15.7%) 0.00 125
2018-10-01 $143,500 (-20.5%) $174,331 (-22.1%) 0.00 120
2018-11-01 $141,750 (-15.0%) $176,232 (-18.8%) 0.00 109
2018-12-01 $145,000 (-9.4%) $180,221 (-15.2%) 0.00 101
2019-01-01 $154,925 (-11.0%) $179,176 (-13.3%) 0.00 102
2019-02-01 $158,500 (-2.7%) $186,063 (-5.3%) 0.00 94
2019-03-01 $168,050 (6.1%) $195,846 (3.1%) 0.00 83
2019-04-01 $177,800 (16.8%) $202,441 (4.3%) 0.00 82
2019-05-01 $172,125 (18.6%) $197,423 (3.1%) 0.00 83
2019-06-01 $172,250 (19.2%) $200,455 (0.8%) 0.00 87
2019-07-01 $167,500 (26.0%) $197,034 (4.7%) 0.00 90
2019-08-01 $156,227 (18.3%) $188,736 (-0.1%) 0.00 93
2019-09-01 $153,568 (14.7%) $187,408 (1.9%) 0.00 98
2019-10-01 $150,750 (21.0%) $186,294 (9.9%) 0.00 101
2019-11-01 $151,000 (19.6%) $186,691 (7.2%) 0.00 97
2019-12-01 $147,250 (17.1%) $182,871 (3.9%) 0.00 88
2020-01-01 $145,000 (12.3%) $186,784 (4.6%) 0.00 85
2020-02-01 $145,000 (1.1%) $177,793 (-2.3%) 0.00 80
2020-03-01 $148,625 (-5.4%) $179,890 (-7.9%) 0.00 89
2020-04-01 $150,625 (-8.4%) $196,092 (-5.1%) 0.00 93
2020-05-01 $152,000 (-10.5%) $197,852 (-2.2%) 0.00 87
2020-06-01 $147,000 (-11.8%) $187,044 (-8.6%) 0.00 109
2020-07-01 $149,500 (-12.7%) $191,129 (-5.7%) 0.00 106
2020-08-01 $138,000 (-12.1%) $190,612 (-1.2%) 0.00 98
2020-09-01 $130,000 (-18.3%) $204,835 (6.1%) 0.00 98
2020-10-01 $125,000 (-21.2%) $199,058 (3.6%) 0.00 89
2020-11-01 $129,500 (-16.4%) $202,118 (8.3%) 0.00 82
2020-12-01 $126,000 (-15.4%) $205,999 (11.4%) 0.00 81
2021-01-01 $116,960 (-21.4%) $204,194 (9.0%) 0.00 74
2021-02-01 $119,625 (-16.4%) $214,699 (20.1%) 0.00 66
2021-03-01 $124,250 (-17.3%) $219,663 (20.5%) 0.00 63
2021-04-01 $119,750 (-21.6%) $208,253 (8.5%) 0.00 72
2021-05-01 $123,500 (-17.1%) $199,285 (3.5%) 0.00 74
2021-06-01 $118,250 (-15.9%) $191,566 (6.8%) 0.00 62
2021-07-01 $141,000 (-4.9%) $202,775 (7.8%) 0.00 59
2021-08-01 $137,750 (-2.3%) $180,348 (-4.7%) 0.00 67
2021-09-01 $137,375 (7.1%) $182,064 (-9.9%) 0.00 62
2021-10-01 $135,000 (17.9%) $192,140 (-0.1%) 0.00 71
2021-11-01 $130,000 (8.9%) $190,212 (-2.4%) 0.00 66
2021-12-01 $129,750 (9.0%) $180,947 (-8.6%) 0.00 69
2022-01-01 $127,000 (17.3%) $183,818 (-6.6%) 0.00 63
2022-02-01 $118,500 (2.2%) $169,948 (-18.0%) 0.00 61
2022-03-01 $124,500 (9.5%) $186,389 (-10.9%) 0.00 67
2022-04-01 $135,000 (18.7%) $187,725 (-6.2%) 0.00 71
2022-05-01 $141,250 (21.8%) $199,641 (3.2%) 0.00 68
2022-06-01 $132,000 (13.3%) $183,719 (-3.5%) 0.00 66
2022-07-01 $129,000 (-2.1%) $182,726 (-7.3%) 0.00 70
2022-08-01 $137,125 (1.6%) $180,314 (4.1%) 0.00 75
2022-09-01 $133,000 (2.5%) $178,782 (3.3%) 0.00 73
2022-10-01 $126,500 (-7.4%) $182,705 (-4.3%) 0.00 61
2022-11-01 $141,500 (2.0%) $197,642 (3.8%) 0.00 62
2022-12-01 $146,250 (7.2%) $202,889 (9.2%) 0.00 61
2023-01-01 $147,500 (11.9%) $204,050 (11.7%) 0.00 56
2023-02-01 $159,625 (22.2%) $209,946 (21.3%) 0.00 49
2023-03-01 $184,888 (18.4%) $218,293 (11.9%) 0.00 41
2023-04-01 $165,000 (18.5%) $208,010 (8.8%) 0.00 45
2023-05-01 $155,000 (6.7%) $205,438 (1.8%) 0.00 41
2023-06-01 $149,750 (13.9%) $201,221 (9.0%) 0.00 44
2023-07-01 $140,000 (13.3%) $189,288 (5.1%) 0.00 48
2023-08-01 $142,500 (9.9%) $196,568 (8.9%) 0.00 50
2023-09-01 $143,500 (8.9%) $207,978 (12.3%) 0.00 51
2023-10-01 $139,500 (7.2%) $212,635 (12.9%) 0.00 53
2023-11-01 $140,000 (4.3%) $219,954 (8.3%) 0.00 57
2023-12-01 $166,500 (0.0%) $235,226 (0.0%) 0.00 53
Woodward's median listing price for 2023-12-01 was $166,500, a difference of $20,250 (0.0%) versus the prior year and $26,500 versus the prior month.

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

Woodward's average listing price for 2023-12-01 was $235,226, a difference of $32,337 (0.0%) versus the prior year and $15,272 versus the prior month.

For the 2023-12-01 period, Woodward had 53 MLS listings, a difference of -4 listings (-7%) versus the prior month and -8 listings (-13%) 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 1,757 sqft
2018-02-01 0 days 1,757 sqft
2018-03-01 0 days 1,746 sqft
2018-04-01 0 days 1,816 sqft
2018-05-01 0 days 1,819 sqft
2018-06-01 0 days 1,790 sqft
2018-07-01 0 days 1,745 sqft
2018-08-01 0 days 1,788 sqft
2018-09-01 0 days 1,740 sqft
2018-10-01 0 days 1,712 sqft
2018-11-01 0 days 1,700 sqft
2018-12-01 0 days 1,722 sqft
2019-01-01 0 days 1,738 sqft
2019-02-01 0 days 1,770 sqft
2019-03-01 0 days 1,854 sqft
2019-04-01 0 days 1,873 sqft
2019-05-01 0 days 1,875 sqft
2019-06-01 0 days 1,875 sqft
2019-07-01 0 days 1,890 sqft
2019-08-01 0 days 1,827 sqft
2019-09-01 0 days 1,809 sqft
2019-10-01 0 days 1,797 sqft
2019-11-01 0 days 1,803 sqft
2019-12-01 0 days 1,729 sqft
2020-01-01 0 days 1,722 sqft
2020-02-01 0 days 1,634 sqft
2020-03-01 0 days 1,645 sqft
2020-04-01 0 days 1,797 sqft
2020-05-01 0 days 1,810 sqft
2020-06-01 0 days 1,634 sqft
2020-07-01 0 days 1,762 sqft
2020-08-01 0 days 1,650 sqft
2020-09-01 0 days 1,681 sqft
2020-10-01 0 days 1,578 sqft
2020-11-01 0 days 1,607 sqft
2020-12-01 0 days 1,603 sqft
2021-01-01 0 days 1,500 sqft
2021-02-01 0 days 1,523 sqft
2021-03-01 0 days 1,562 sqft
2021-04-01 0 days 1,566 sqft
2021-05-01 0 days 1,558 sqft
2021-06-01 0 days 1,575 sqft
2021-07-01 0 days 1,627 sqft
2021-08-01 0 days 1,597 sqft
2021-09-01 0 days 1,581 sqft
2021-10-01 0 days 1,612 sqft
2021-11-01 0 days 1,615 sqft
2021-12-01 0 days 1,657 sqft
2022-01-01 0 days 1,597 sqft
2022-02-01 0 days 1,586 sqft
2022-03-01 0 days 1,603 sqft
2022-04-01 0 days 1,779 sqft
2022-05-01 0 days 1,779 sqft
2022-06-01 0 days 1,677 sqft
2022-07-01 0 days 1,677 sqft
2022-08-01 0 days 1,658 sqft
2022-09-01 0 days 1,651 sqft
2022-10-01 0 days 1,609 sqft
2022-11-01 0 days 1,715 sqft
2022-12-01 0 days 1,769 sqft
2023-01-01 0 days 1,721 sqft
2023-02-01 0 days 1,719 sqft
2023-03-01 0 days 1,788 sqft
2023-04-01 0 days 1,775 sqft
2023-05-01 0 days 1,772 sqft
2023-06-01 0 days 1,741 sqft
2023-07-01 0 days 1,689 sqft
2023-08-01 0 days 1,751 sqft
2023-09-01 0 days 1,775 sqft
2023-10-01 0 days 1,723 sqft
2023-11-01 0 days 1,713 sqft
2023-12-01 0 days 1,778 sqft
Woodward's median listing age (time on market) for 2023-12-01 was 0 days.

Woodward's median square footage for active listings during the 2023-12-01 period was 1,778 sqft. One year prior, the average listing was 1,769 sqft.

Woodward, OK Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 201 $38,285,000 $190,473
Refi 37 $12,505,000 $337,973
Cash Out Refi 20 $3,030,000 $151,500
Home Improvement 7 $355,000 $50,714
Other 7 $555,000 $79,286

Woodward's most frequently cited loan purpose was Home Purchase, with 201 originations. The 2nd most popular reason was Refi, with 37 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 82 $11,560,000 $140,976
4-5% 60 $15,090,000 $251,500
3-4% 49 $9,005,000 $183,776
6-7% 38 $5,010,000 $131,842
7-8% 17 $9,325,000 $548,529
2.5-3% 11 $1,635,000 $148,636
<2.5% 6 $620,000 $103,333
Over 8% 4 $430,000 $107,500

During 2022, Woodward's most frequently originated rate bucket was 5-6%, with 82 originations.

Loan Sizing (Woodward, OK MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 137 $19,405,000 $141,642
$100,000 or less 79 $5,435,000 $68,797
$200k-400k 46 $12,220,000 $265,652
$400k-600k 4 $1,740,000 $435,000
$Over $1MM 4 $14,690,000 $3,672,500
$600k-1000k 2 $1,240,000 $620,000

Woodward's loan sizing saw the bucket of loans from $100k-200k with 137 originations, totaling $19,405,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 171 $26,665,000 $155,936
60-80% 57 $16,405,000 $287,807
40-60% 18 $6,030,000 $335,000
20-40% 10 $810,000 $81,000
Under 20% 6 $1,700,000 $283,333
Over 100% 5 $1,065,000 $213,000

Woodward's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 171 originations, totaling $26,665,000 in origination value.