Breckenridge USDA Loan Rates, Closing Costs & Stats

Breckenridge, CO

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.

Breckenridge's 6 lenders originated 17 USDA loans during 2021. The total origination value was $7,485,000, with an average USDA loan value of $440,294.

Breckenridge USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Breckenridge averaged 6.62% for the week of 2022-12-02, compared to the national average (all USDA variants) of 6.437% for the same period.

Breckenridge's average USDA mortgage closing costs are $6,233.

The average rate for the prior week (2022-11-25) was 6.36% and one month ago for the week of 2022-10-28, the average rate was 6.93%.

The average rate one year ago was 3.43%.

For refis of the same type during the week of 2022-12-02, the average rate was 6.13%.

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

Breckenridge 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 Breckenridge level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
CROSSCOUNTRY MORTGAGE, LLC 5 3.12% $8,659
Bank of England 3 2.83% $7,881
MEGASTAR FINANCIAL CORP. 2 2.75% $6,474
HOME POINT FINANCIAL CORPORATION 1 2.75% $7,140
PENNYMAC LOAN SERVICES, LLC 1 2.75% $4,749
Plains Commerce Bank 1 2.75% $6,391

The top Breckenridge USDA lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with 5 USDA loans originated. Their average total fees are $8,659, which is $778 higher than the next largest lender, Bank of England.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Breckenridge (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 $1,094,750 (10.0%) $1,523,271 (11.4%) 0.00 267
2018-02-01 $1,024,000 (9.7%) $1,499,438 (8.5%) 0.00 273
2018-03-01 $949,000 (6.5%) $1,445,226 (6.9%) 0.00 300
2018-04-01 $839,000 (-5.7%) $1,335,104 (3.5%) 0.00 353
2018-05-01 $814,000 (-2.5%) $1,322,119 (7.2%) 0.00 363
2018-06-01 $855,000 (0.7%) $1,340,331 (9.8%) 0.00 442
2018-07-01 $913,500 (4.4%) $1,393,001 (9.8%) 0.00 503
2018-08-01 $925,750 (8.0%) $1,407,047 (11.0%) 0.00 512
2018-09-01 $929,000 (0.5%) $1,436,871 (8.4%) 0.00 487
2018-10-01 $914,000 (-7.5%) $1,458,991 (1.9%) 0.00 449
2018-11-01 $948,250 (-11.7%) $1,481,345 (-2.4%) 0.00 405
2018-12-01 $968,750 (-9.3%) $1,547,372 (0.7%) 0.00 366
2019-01-01 $922,000 (-15.8%) $1,542,808 (1.3%) 0.00 341
2019-02-01 $816,000 (-20.3%) $1,427,096 (-4.8%) 0.00 360
2019-03-01 $750,429 (-20.9%) $1,280,574 (-11.4%) 0.00 430
2019-04-01 $644,250 (-23.2%) $1,096,735 (-17.9%) 0.00 528
2019-05-01 $639,225 (-21.5%) $1,054,213 (-20.3%) 0.00 595
2019-06-01 $649,000 (-24.1%) $1,050,754 (-21.6%) 0.00 726
2019-07-01 $649,000 (-29.0%) $1,063,280 (-23.7%) 0.00 824
2019-08-01 $644,273 (-30.4%) $1,054,435 (-25.1%) 0.00 837
2019-09-01 $635,682 (-31.6%) $1,035,914 (-27.9%) 0.00 806
2019-10-01 $629,955 (-31.1%) $1,029,246 (-29.5%) 0.00 772
2019-11-01 $692,000 (-27.0%) $1,180,976 (-20.3%) 0.00 718
2019-12-01 $678,225 (-30.0%) $1,134,738 (-26.7%) 0.00 716
2020-01-01 $645,000 (-30.0%) $1,035,997 (-32.9%) 0.00 722
2020-02-01 $689,000 (-15.6%) $1,180,557 (-17.3%) 0.00 619
2020-03-01 $675,000 (-10.1%) $1,154,753 (-9.8%) 0.00 665
2020-04-01 $663,750 (3.0%) $1,104,414 (0.7%) 0.00 696
2020-05-01 $649,900 (1.7%) $1,079,527 (2.4%) 0.00 754
2020-06-01 $664,975 (2.5%) $1,057,983 (0.7%) 0.00 953
2020-07-01 $673,750 (3.8%) $1,072,146 (0.8%) 0.00 1,053
2020-08-01 $689,000 (6.9%) $1,124,630 (6.7%) 0.00 1,018
2020-09-01 $682,000 (7.3%) $1,148,503 (10.9%) 0.00 935
2020-10-01 $692,000 (9.9%) $1,183,486 (15.0%) 0.00 800
2020-11-01 $699,975 (1.2%) $1,236,400 (4.7%) 0.00 623
2020-12-01 $700,000 (3.2%) $1,252,779 (10.4%) 0.00 551
2021-01-01 $723,500 (12.2%) $1,260,537 (21.7%) 0.00 526
2021-02-01 $709,000 (2.9%) $1,188,055 (0.6%) 0.00 563
2021-03-01 $739,500 (9.6%) $1,271,975 (10.2%) 0.00 552
2021-04-01 $777,250 (17.1%) $1,350,139 (22.3%) 0.00 555
2021-05-01 $799,000 (22.9%) $1,335,693 (23.7%) 0.00 587
2021-06-01 $830,000 (24.8%) $1,353,594 (27.9%) 0.00 613
2021-07-01 $829,900 (23.2%) $1,341,819 (25.2%) 0.00 673
2021-08-01 $839,000 (21.8%) $1,454,955 (29.4%) 0.00 697
2021-09-01 $885,000 (29.8%) $1,476,935 (28.6%) 0.00 708
2021-10-01 $949,000 (37.1%) $1,527,455 (29.1%) 0.00 626
2021-11-01 $953,750 (36.3%) $1,612,665 (30.4%) 0.00 513
2021-12-01 $999,000 (42.7%) $1,751,965 (39.9%) 0.00 464
2022-01-01 $1,068,677 (47.7%) $1,845,601 (46.4%) 0.00 450
2022-02-01 $1,017,500 (43.5%) $1,764,990 (48.6%) 0.00 500
2022-03-01 $1,073,294 (45.1%) $1,799,122 (41.4%) 0.00 524
2022-04-01 $1,125,000 (44.7%) $1,831,814 (35.7%) 0.00 543
2022-05-01 $1,131,000 (41.6%) $1,842,401 (37.9%) 0.00 612
2022-06-01 $1,157,500 (39.5%) $1,846,409 (36.4%) 0.00 700
2022-07-01 $1,177,500 (41.9%) $1,843,132 (37.4%) 0.00 849
2022-08-01 $1,192,500 (42.1%) $1,890,162 (29.9%) 0.00 875
2022-09-01 $1,234,000 (39.4%) $1,878,967 (27.2%) 0.00 871
2022-10-01 $1,250,000 (31.7%) $1,942,251 (27.2%) 0.00 764
2022-11-01 $1,200,000 (25.8%) $1,935,067 (20.0%) 0.00 683
Breckenridge's median listing price for 2022-11-01 was $1,200,000, a difference of $246,250 (25.8%) versus the prior year and $-50,000 versus the prior month.

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

Breckenridge's average listing price for 2022-11-01 was $1,935,067, a difference of $322,402 (20.0%) versus the prior year and $-7,184 versus the prior month.

For the 2022-11-01 period, Breckenridge had 683 MLS listings, a difference of -81 listings (-11%) versus the prior month and 170 listings (33%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Breckenridge (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,268 sqft
2018-02-01 0 days 2,115 sqft
2018-03-01 0 days 2,035 sqft
2018-04-01 0 days 1,837 sqft
2018-05-01 0 days 1,821 sqft
2018-06-01 0 days 1,852 sqft
2018-07-01 0 days 1,987 sqft
2018-08-01 0 days 1,988 sqft
2018-09-01 0 days 2,056 sqft
2018-10-01 0 days 2,027 sqft
2018-11-01 0 days 1,959 sqft
2018-12-01 0 days 2,006 sqft
2019-01-01 0 days 1,819 sqft
2019-02-01 0 days 1,590 sqft
2019-03-01 0 days 1,420 sqft
2019-04-01 0 days 1,206 sqft
2019-05-01 0 days 1,200 sqft
2019-06-01 0 days 1,202 sqft
2019-07-01 0 days 1,266 sqft
2019-08-01 0 days 1,321 sqft
2019-09-01 0 days 1,312 sqft
2019-10-01 0 days 1,304 sqft
2019-11-01 0 days 1,426 sqft
2019-12-01 0 days 1,328 sqft
2020-01-01 0 days 1,176 sqft
2020-02-01 0 days 1,228 sqft
2020-03-01 0 days 1,214 sqft
2020-04-01 0 days 1,215 sqft
2020-05-01 0 days 1,220 sqft
2020-06-01 0 days 1,255 sqft
2020-07-01 0 days 1,304 sqft
2020-08-01 0 days 1,335 sqft
2020-09-01 0 days 1,249 sqft
2020-10-01 0 days 1,231 sqft
2020-11-01 0 days 1,246 sqft
2020-12-01 0 days 1,232 sqft
2021-01-01 0 days 1,244 sqft
2021-02-01 0 days 1,246 sqft
2021-03-01 0 days 1,246 sqft
2021-04-01 0 days 1,246 sqft
2021-05-01 0 days 1,246 sqft
2021-06-01 0 days 1,320 sqft
2021-07-01 0 days 1,359 sqft
2021-08-01 0 days 1,375 sqft
2021-09-01 0 days 1,381 sqft
2021-10-01 0 days 1,474 sqft
2021-11-01 0 days 1,581 sqft
2021-12-01 0 days 1,581 sqft
2022-01-01 0 days 1,580 sqft
2022-02-01 0 days 1,395 sqft
2022-03-01 0 days 1,385 sqft
2022-04-01 0 days 1,449 sqft
2022-05-01 0 days 1,473 sqft
2022-06-01 0 days 1,482 sqft
2022-07-01 0 days 1,565 sqft
2022-08-01 0 days 1,608 sqft
2022-09-01 0 days 1,580 sqft
2022-10-01 0 days 1,547 sqft
2022-11-01 0 days 1,522 sqft
Breckenridge's median listing age (time on market) for 2022-11-01 was 0 days.

Breckenridge's median square footage for active listings during the 2022-11-01 period was 1,522 sqft. One year prior, the average listing was 1,581 sqft.