Mortgage lending in Newport County
2,024 mortgages were originated in Newport County, Rhode Island, in 2025.
30-year fixed, this week
6.71%
Freddie Mac's survey average for the week of September 3, 2026 — a year earlier it was 6.56%, and the past year ranged 5.98–6.71%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 2,024
- Median rate
- 6.750%
- Median lender fees
- $5,047
The going rate is the federal "average prime offer rate" for a comparable loan; 0.5 means half a percentage point above it.
- Median loan amount
- $355,000
- Above the going rate (spread over APOR)
- 0.080
- Paid discount points
- 19.1%
- Received lender credits
- 18.2%
- Purchases / refinances
- 35.3% / 37.9%
- Conventional / FHA / VA
- 91.2% / 3.4% / 5.3%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 54.3% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $787,750
- Median home price
- $685,000
- That home, 20% down
- $548,000
A median-priced home with 20% down leaves $284,750 of room under the conforming limit, so the ceiling rarely binds on an ordinary purchase.
Borrow more than $832,750 and the loan becomes jumbo — outside agency rules, priced by each lender on its own terms. How limits work
Median price is HUD's figure for the 2026 limit calculation, not a live market quote.
Who lent here
Lenders with at least 50 loans in Newport County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Citizens Bank, National Association | 260 | — | 7.400% |
| BankNewport | 247 | $4,336 | 6.740% |
| Movement Mortgage, LLC | 108 | $5,342 | 6.500% |
| Rocket Mortgage, LLC | 83 | $4,738 | 6.875% |
| Baycoast Mortgage Company, LLC | 78 | $4,774 | 6.625% |
| Navy Federal Credit Union | 72 | — | 7.750% |
| BayCoast Bank | 71 | — | 7.250% |
| CMG Mortgage, Inc. | 51 | — | 6.750% |
What lenders charged here
Lender fees on a $355,000 loan, based on what was actually charged in Newport County — not a rule of thumb.
From 1,099 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, taxes and the escrow deposit your lender collects up front for future tax and insurance bills are extra and not in these figures. Compare two offers