Mortgage lending in Newport News city
3,898 mortgages were originated in Newport News city, Virginia, 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
- 3,898
- Median rate
- 6.500%
- Median lender fees
- $6,419
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
- $235,000
- Above the going rate (spread over APOR)
- 0.220
- Paid discount points
- 44.4%
- Received lender credits
- 26.3%
- Purchases / refinances
- 49.8% / 31.2%
- Conventional / FHA / VA
- 54.3% / 14.6% / 31%
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 71.9% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $757,850
- Median home price
- $630,000
- That home, 20% down
- $504,000
A median-priced home with 20% down leaves $328,750 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 News city, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| LANGLEY Federal Credit Union | 347 | $3,364 | 6.990% |
| United Shore Financial Services, LLC | 245 | $6,917 | 5.999% |
| Mortgage Research Center, LLC | 221 | $5,887 | 6.250% |
| Rocket Mortgage, LLC | 213 | $5,435 | 6.750% |
| Newport News Shipbuilding Employees Credit Union, Inc. Dba Bayport Credit Union | 210 | $3,593 | 7.000% |
| Atlantic Bay Mortgage Group, L.L.C. | 198 | $8,014 | 6.433% |
| American Neighborhood Mortgage Acceptance Company LLC | 181 | $7,667 | 6.625% |
| Movement Mortgage, LLC | 170 | $7,516 | 6.531% |
| Navy Federal Credit Union | 169 | $2,627 | 7.500% |
| 1st Advantage Federal Credit Union | 124 | — | 6.700% |
What lenders charged here
Lender fees on a $235,000 loan, based on what was actually charged in Newport News city — not a rule of thumb.
From 2,803 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