What people paid for mortgages in Newport County, RI (2025)

Across 473 closed home-purchase loans in 2025, the median interest rate in Newport was 6.5%, and the middle half of borrowers got between 6.125% and 6.875%. Median total loan costs ran $5,449 on a median loan of $505,000. Source: federal HMDA filings on first-lien, owner-occupied loans.

Home purchase

Median rate: 6.5%
Middle half of rates: 6.125%–6.875%
Median total loan costs: $5,449
Median loan amount: $505,000

473 loans, 2025.

Refinance

Median rate: 6.375%
Middle half of rates: 5.99%–6.875%
Median total loan costs: $5,394
Median loan amount: $430,000

376 loans, 2025.

Lowest median rates in Newport (2025)

The lenders whose own closed loans had the lowest median interest rate here, among lenders with enough local volume for the median to mean something. A low median is a reason to include that lender when you collect Loan Estimates; it is not a promise about the rate you will be quoted. An independent mortgage broker can pull quotes from several lenders at once on one application.

Home purchase

1.MOVEMENT MORTGAGE, LLC6.5%53 loans, median costs $5,546
2.BankNewport6.625%37 loans, median costs $4,833
3.BAYCOAST MORTGAGE COMPANY, LLC6.625%37 loans, median costs $5,373

Among lenders with at least 30 closed purchase loans in Newport County in 2025.

Refinance

1.MOVEMENT MORTGAGE, LLC6.125%37 loans, median costs $4,197
2.BankNewport6.5%31 loans, median costs $4,127
3.Citizens Bank, National Association6.9%51 loans, median costs $4,345

Among lenders with at least 30 closed refinance loans in Newport County in 2025.

Lender by lender in Newport

Every lender that closed at least 5 qualifying loans in Newport County in 2025, sorted by loan count. The # column is the lender's rank here by closed loans for the selected purpose. Median origination is the lender's own charges (Loan Estimate section A); median points is the discount-points portion. Lenders marked "broker only" fund loans through independent mortgage brokers rather than taking applications directly.

#	Lender	Loans	Median rate	Median total costs	Median origination	Median points
1	MOVEMENT MORTGAGE, LLC	53	6.5%	$5,546	$1,845	$1,211
2	BankNewport	37	6.625%	$4,833	$990	$651
3	BAYCOAST MORTGAGE COMPANY, LLC	37	6.625%	$5,373	$1,590	$2,813
4	CMG MORTGAGE, INC.	20	6.75%	$6,487	$2,139	$2,340
5	Navy Federal Credit Union	18	6.062%	$3,015	$0	$5,640
6	Mortgage Research Center, LLC	15	5.99%	$12,423	$2,893	$1,839
7	The Washington Trust Company, of Westerly	12	6.308%	$6,599	$1,589	$1,893
8	UNITED SHORE FINANCIAL SERVICES, LLCbroker only	12	6.499%	$9,904	$2,385	$1,612
9	The People's Credit Union	11	6.5%	$4,096	$599	n/a
10	GUILD MORTGAGE COMPANY	10	6.12%	$6,175	$1,784	$1,729
11	GUARANTEED RATE, INC.	9	6.875%	$5,221	$1,640	$230
12	Somerset Federal Credit Union	9	6.25%	$2,024	$1,021	n/a
13	Rocket Mortgage, LLC	8	6.562%	$8,087	$2,429	$4,570
14	Waterstone Mortgage Corporation	8	6.375%	$13,139	$5,233	$5,459
15	bankESB	8	6.125%	$4,217	$899	n/a
16	Bank of America, National Association	8	5.625%	$6,142	$1,520	$136
17	EMBRACE HOME LOANS, INC.	7	6.375%	$7,714	$2,131	$3,295
18	AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC	7	6.5%	$7,332	$1,845	$2,418
19	Morgan Stanley Private Bank, National Association	7	5.9%	$4,747	$815	n/a
20	COASTAL1 Credit Union	7	6.375%	$5,262	$750	n/a
21	NAVIGANT CREDIT UNION	7	6.5%	$4,320	$695	n/a
22	Bristol County Savings Bank	6	6%	$4,617	$850	$1,530
23	Leader Bank, National Association	6	6.188%	$4,669	$1,499	$850
24	WASHINGTON TRUST MORTGAGE COMPANY LLC	6	6.438%	$4,994	$1,504	n/a
25	Home Loan Investment Bank, F.S.B.	6	6.49%	$10,610	$2,762	$2,572
26	NFM, INC.	6	6.625%	$5,617	$2,256	$1,097
27	Citizens Bank, National Association	6	7.013%	$5,070	$1,300	$1,700
28	Fall River Five Cents Savings Bank	5	6.375%	$3,592	$1,095	$375
29	CROSSCOUNTRY MORTGAGE, INC.	5	6.25%	$6,578	$1,590	n/a

What these numbers are, and are not

Everything above is computed from the FFIEC's HMDA Modified Loan/Application Register, the public loan-level file nearly every mortgage lender must submit each year, filtered to originated, first-lien, owner-occupied principal-residence loans that were not business-purpose or reverse mortgages. Groups smaller than 5 loans are omitted. The methodology page documents every step.

The public file contains no credit scores, so differences between lenders mix true pricing differences with different customer bases: loan sizes, points paid, and borrower profiles all vary by lender. A median is context for your own quote, not a ranking and not an offer. Rates here are also a year's worth of closings blended together, while your quote reflects a single day's market.

The one move that reliably saves money

Get more than one Loan Estimate. Every lender must give you one within 3 business days of your application, on the same standardized form, and cannot charge you more than a reasonable credit-report fee to do it. Collecting two or three makes the offers directly comparable, line by line.

Your Loan Estimate rights, in plain English

One way to start several lender conversations quickly: a marketplace like LendingTree sends one request to up to five lenders, who will call and email you. Any lender you go on to apply with must then issue the same standardized Loan Estimate, which is the document you compare line by line.

Request quotes on LendingTree

What happens after you submit

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Have a Loan Estimate in hand? The checker compares your quoted rate and origination charges against the Newport figures above, in your browser, without storing anything.

Common questions

What mortgage rate did people get in Newport County in 2025?

The median interest rate on closed home-purchase loans in Newport County, Rhode Island in 2025 was 6.5%, across 473 first-lien, owner-occupied loans. The middle half of borrowers got between 6.125% and 6.875%.

Is this a rate I can get today?

No. These are medians of loans that already closed, under those borrowers' credit profiles, loan sizes, discount points, and lock dates. Rates also move daily. The way to learn your own number is to collect Loan Estimates from two or three lenders, which federal rules make close to free.

Why do lenders in the table show different rates?

Partly pricing, partly customer mix. Public HMDA data contains no credit scores, so a lender serving stronger-credit borrowers or larger loans will show a different median than one serving first-time buyers, at identical pricing. Use the table as a map of who is active locally and roughly where they land, not as a ranking.

Where do these numbers come from?

The FFIEC's public HMDA Modified Loan/Application Register, the loan-level data nearly every mortgage lender must file each year, filtered to originated, first-lien, owner-occupied, non-business, non-reverse loans, in groups of at least 5.