Boulder USDA Loan Rates, Closing Costs & Stats

BOULDER, CO

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    • USDA loans are zero-downpayment loans targeted towards lower-income households in rural areas. They can be made directly by the US Department of Agriculture or through a participating lender-- and they typically to borrowers with credit scores over 640. They can have subsidized rates, making them very competitive in terms of cost, but they have more stringent standards on who is eligible as well as specific covenants such as only being available in rural areas and limits on home size.

    Boulder's 3 lenders originated 10 USDA loans during 2021. The total origination value was $5,310,000, with an average USDA loan value of $531,000.

    Boulder USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Boulder averaged 6.32% for the week of 2023-01-27, compared to the national average (all USDA variants) of 6.195% for the same period.

    Boulder's average USDA mortgage closing costs are $7,450.

    The average rate for the prior week (2023-01-20) was 6.21% and one month ago for the week of 2022-12-23, the average rate was 6.34%.

    The average rate one year ago was 3.79%.

    For refis of the same type during the week of 2023-01-27, the average rate was 5.88%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Boulder USDA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Boulder level.

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    CALIBER HOME LOANS, INC. 1 3.25% $5,159
    CROSSCOUNTRY MORTGAGE, LLC 1 2.88% $7,414
    PLANET HOME LENDING, LLC 1 3.25% $7,147

    The top Boulder USDA lender as defined by loan originations is CALIBER HOME LOANS, INC., with 1 USDA loans originated. Their average total fees are $5,159, which is $2,255 lower than the next largest lender, CROSSCOUNTRY MORTGAGE, LLC.

    The lowest fee Boulder USDA lenders (with over 10 loans originated) are .

    The lowest rate Boulder USDA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Boulder (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 $665,233 (-3.6%) $1,120,716 (-8.8%) 2.47 476
    2018-02-01 $734,450 (4.9%) $1,224,549 (-3.0%) 2.67 476
    2018-03-01 $770,425 (10.5%) $1,198,263 (-0.4%) 2.70 530
    2018-04-01 $749,138 (7.1%) $1,181,812 (0.9%) 2.54 658
    2018-05-01 $742,475 (6.3%) $1,156,739 (3.9%) 2.48 741
    2018-06-01 $710,000 (3.6%) $1,073,770 (2.5%) 2.37 849
    2018-07-01 $700,750 (5.4%) $1,055,352 (1.8%) 2.34 881
    2018-08-01 $651,738 (1.0%) $997,000 (-1.1%) 2.18 936
    2018-09-01 $634,990 (0.0%) $975,101 (-2.5%) 2.13 945
    2018-10-01 $634,027 (-2.5%) $993,709 (-4.3%) 2.14 921
    2018-11-01 $637,493 (-2.6%) $1,015,503 (-5.9%) 2.16 809
    2018-12-01 $658,450 (-0.2%) $1,028,360 (-8.7%) 2.27 670
    2019-01-01 $624,900 (-6.1%) $999,804 (-10.8%) 2.16 612
    2019-02-01 $642,500 (-12.5%) $1,011,130 (-17.4%) 2.17 663
    2019-03-01 $640,579 (-16.9%) $1,030,195 (-14.0%) 2.09 757
    2019-04-01 $656,779 (-12.3%) $1,031,709 (-12.7%) 2.09 866
    2019-05-01 $659,950 (-11.1%) $1,036,958 (-10.4%) 2.06 1,002
    2019-06-01 $669,000 (-5.8%) $1,040,152 (-3.1%) 2.09 1,095
    2019-07-01 $679,000 (-3.1%) $1,020,494 (-3.3%) 2.13 1,179
    2019-08-01 $665,986 (2.2%) $1,004,949 (0.8%) 2.11 1,180
    2019-09-01 $668,216 (5.2%) $1,009,787 (3.6%) 2.14 1,165
    2019-10-01 $667,677 (5.3%) $1,013,012 (1.9%) 2.15 1,143
    2019-11-01 $664,973 (4.3%) $1,026,276 (1.1%) 2.18 979
    2019-12-01 $665,188 (1.0%) $1,064,927 (3.6%) 2.22 759
    2020-01-01 $650,000 (4.0%) $1,057,246 (5.8%) 2.17 619
    2020-02-01 $688,000 (7.1%) $1,104,272 (9.2%) 2.25 599
    2020-03-01 $719,731 (12.4%) $1,105,535 (7.3%) 2.25 637
    2020-04-01 $710,151 (8.1%) $1,057,901 (2.5%) 2.22 704
    2020-05-01 $741,978 (12.4%) $1,062,155 (2.4%) 2.26 858
    2020-06-01 $745,989 (11.5%) $1,076,959 (3.5%) 2.20 958
    2020-07-01 $749,500 (10.4%) $1,088,666 (6.7%) 2.17 892
    2020-08-01 $756,250 (13.6%) $1,121,437 (11.6%) 2.17 807
    2020-09-01 $714,850 (7.0%) $1,109,238 (9.9%) 2.05 802
    2020-10-01 $742,655 (11.2%) $1,170,165 (15.5%) 2.13 778
    2020-11-01 $760,738 (14.4%) $1,217,638 (18.7%) 2.22 602
    2020-12-01 $793,675 (19.3%) $1,295,022 (21.6%) 2.36 479
    2021-01-01 $845,000 (30.0%) $1,351,743 (27.9%) 2.52 366
    2021-02-01 $882,500 (28.3%) $1,342,045 (21.5%) 2.57 312
    2021-03-01 $837,250 (16.3%) $1,357,821 (22.8%) 2.38 291
    2021-04-01 $802,250 (13.0%) $1,363,779 (28.9%) 2.17 330
    2021-05-01 $799,900 (7.8%) $1,343,322 (26.5%) 2.12 334
    2021-06-01 $802,450 (7.6%) $1,293,190 (20.1%) 2.11 437
    2021-07-01 $785,000 (4.7%) $1,256,250 (15.4%) 2.07 449
    2021-08-01 $758,500 (0.3%) $1,196,158 (6.7%) 2.02 477
    2021-09-01 $750,000 (4.9%) $1,153,094 (4.0%) 2.00 468
    2021-10-01 $795,000 (7.1%) $1,212,272 (3.6%) 2.12 399
    2021-11-01 $804,250 (5.7%) $1,329,024 (9.2%) 2.15 303
    2021-12-01 $803,475 (1.2%) $1,341,052 (3.6%) 2.18 419
    2022-01-01 $820,000 (-3.0%) $1,518,972 (12.4%) 2.22 154
    2022-02-01 $862,933 (-2.2%) $1,619,355 (20.7%) 2.24 172
    2022-03-01 $822,000 (-1.8%) $1,465,633 (7.9%) 2.06 214
    2022-04-01 $866,950 (8.1%) $1,481,788 (8.7%) 2.07 260
    2022-05-01 $870,000 (8.8%) $1,419,510 (5.7%) 1.99 476
    2022-06-01 $885,000 (10.3%) $1,412,885 (9.3%) 1.97 639
    2022-07-01 $859,000 (9.4%) $1,353,728 (7.8%) 1.94 764
    2022-08-01 $827,000 (9.0%) $1,310,792 (9.6%) 1.91 815
    2022-09-01 $834,500 (11.3%) $1,340,325 (16.2%) 1.95 798
    2022-10-01 $822,450 (3.5%) $1,350,567 (11.4%) 1.94 804
    2022-11-01 $833,750 (3.7%) $1,402,883 (5.6%) 2.01 697
    2022-12-01 $835,000 (3.9%) $1,423,188 (6.1%) 2.09 508
    Boulder's median listing price for 2022-12-01 was $835,000, a difference of $31,525 (3.9%) versus the prior year and $1,250 versus the prior month.

    Boulder's median listing price comes in at 209% of the national average.

    Boulder's average listing price for 2022-12-01 was $1,423,188, a difference of $82,136 (6.1%) versus the prior year and $20,305 versus the prior month.

    For the 2022-12-01 period, Boulder had 508 MLS listings, a difference of -189 listings (-27%) versus the prior month and 89 listings (21%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Boulder (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 64 days 3,008 sqft
    2018-02-01 41 days 3,136 sqft
    2018-03-01 37 days 3,096 sqft
    2018-04-01 31 days 3,072 sqft
    2018-05-01 32 days 2,975 sqft
    2018-06-01 33 days 2,936 sqft
    2018-07-01 38 days 2,747 sqft
    2018-08-01 45 days 2,586 sqft
    2018-09-01 49 days 2,584 sqft
    2018-10-01 48 days 2,618 sqft
    2018-11-01 54 days 2,592 sqft
    2018-12-01 71 days 2,587 sqft
    2019-01-01 73 days 2,463 sqft
    2019-02-01 42 days 2,425 sqft
    2019-03-01 38 days 2,569 sqft
    2019-04-01 35 days 2,678 sqft
    2019-05-01 32 days 2,675 sqft
    2019-06-01 38 days 2,635 sqft
    2019-07-01 41 days 2,601 sqft
    2019-08-01 45 days 2,552 sqft
    2019-09-01 49 days 2,549 sqft
    2019-10-01 52 days 2,532 sqft
    2019-11-01 58 days 2,527 sqft
    2019-12-01 81 days 2,584 sqft
    2020-01-01 81 days 2,544 sqft
    2020-02-01 43 days 2,559 sqft
    2020-03-01 44 days 2,570 sqft
    2020-04-01 45 days 2,496 sqft
    2020-05-01 44 days 2,517 sqft
    2020-06-01 40 days 2,496 sqft
    2020-07-01 47 days 2,449 sqft
    2020-08-01 50 days 2,381 sqft
    2020-09-01 45 days 2,297 sqft
    2020-10-01 45 days 2,296 sqft
    2020-11-01 64 days 2,315 sqft
    2020-12-01 80 days 2,325 sqft
    2021-01-01 97 days 2,206 sqft
    2021-02-01 89 days 2,266 sqft
    2021-03-01 50 days 2,258 sqft
    2021-04-01 37 days 2,222 sqft
    2021-05-01 35 days 2,300 sqft
    2021-06-01 20 days 2,355 sqft
    2021-07-01 32 days 2,354 sqft
    2021-08-01 31 days 2,295 sqft
    2021-09-01 31 days 2,277 sqft
    2021-10-01 36 days 2,228 sqft
    2021-11-01 38 days 2,355 sqft
    2021-12-01 47 days 2,288 sqft
    2022-01-01 36 days 2,447 sqft
    2022-02-01 20 days 2,471 sqft
    2022-03-01 18 days 2,366 sqft
    2022-04-01 16 days 2,481 sqft
    2022-05-01 16 days 2,519 sqft
    2022-06-01 22 days 2,539 sqft
    2022-07-01 30 days 2,500 sqft
    2022-08-01 36 days 2,360 sqft
    2022-09-01 42 days 2,398 sqft
    2022-10-01 43 days 2,424 sqft
    2022-11-01 51 days 2,480 sqft
    2022-12-01 70 days 2,435 sqft
    Boulder's median listing age (time on market) for 2022-12-01 was 70 days. This is 51% longer than the same period one year ago.

    Boulder's median square footage for active listings during the 2022-12-01 period was 2,435 sqft. One year prior, the average listing was 2,288 sqft.