Paris USDA Loan Rates, Closing Costs & Stats
Paris, TX
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.
Paris's 9 lenders originated 11 USDA loans during 2023. The total origination value was $1,895,000, with an average USDA loan value of $172,273.
Paris USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Paris
averaged
5.93%
for the week of 2024-10-04, compared to the national average (all USDA variants) of
5.97% for the same period.
Paris's average USDA mortgage closing costs are $6,247.
The average rate for the prior week (2024-09-27) was
5.86% and
one month ago for the week of 2024-08-30, the
average rate was 6%.
The average rate one year ago was 7.05%.
For refis of the same type during the week of 2024-10-04, the average rate
was 5.77%.
Paris 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 Paris level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
Guaranty Bank & Trust, N.A. | 3 | 6.38% | $6,242 |
Farmers Bank & Trust Company | 1 | 6.00% | $17,383 |
First Federal Bank | 1 | 6.50% | $11,757 |
GUARANTEED RATE, INC. | 1 | 6.13% | $10,382 |
GUILD MORTGAGE COMPANY | 1 | 5.63% | $12,299 |
Independent Bank | 1 | 6.25% | $4,297 |
Nations Lending Corporation | 1 | 6.25% | $6,601 |
CROSSCOUNTRY MORTGAGE, LLC | 1 | 7.13% | $7,934 |
SFMC, LP | 1 | 5.63% | $6,620 |
The top Paris USDA lender as defined by loan originations is Guaranty Bank & Trust, N.A., with
3 USDA loans originated. Their average total fees are
$6,242, which is $11,141
lower than the next largest lender,
Farmers Bank & Trust Company.
The lowest fee Paris USDA lenders (with over 10 loans originated) are
.
The lowest rate Paris USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Paris (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $172,450 (19.0%) | $215,122 (12.4%) | 0.00 | 187 |
2018-02-01 | $169,000 (17.8%) | $203,748 (6.3%) | 0.00 | 193 |
2018-03-01 | $169,900 (22.3%) | $216,107 (12.3%) | 0.00 | 186 |
2018-04-01 | $179,675 (38.3%) | $225,846 (21.1%) | 0.00 | 190 |
2018-05-01 | $179,950 (26.6%) | $229,721 (7.9%) | 0.00 | 193 |
2018-06-01 | $174,700 (18.4%) | $209,231 (2.8%) | 0.00 | 203 |
2018-07-01 | $169,925 (13.4%) | $210,099 (2.9%) | 0.00 | 214 |
2018-08-01 | $175,975 (10.6%) | $223,109 (6.3%) | 0.00 | 221 |
2018-09-01 | $175,000 (10.1%) | $222,877 (7.3%) | 0.00 | 227 |
2018-10-01 | $176,500 (4.4%) | $223,775 (2.6%) | 0.00 | 245 |
2018-11-01 | $182,100 (7.1%) | $221,666 (2.5%) | 0.00 | 237 |
2018-12-01 | $169,900 (0.0%) | $217,933 (0.1%) | 0.00 | 211 |
2019-01-01 | $160,975 (-6.7%) | $211,984 (-1.5%) | 0.00 | 200 |
2019-02-01 | $163,350 (-3.3%) | $213,010 (4.6%) | 0.00 | 196 |
2019-03-01 | $169,621 (-0.2%) | $208,144 (-3.7%) | 0.00 | 194 |
2019-04-01 | $182,725 (1.7%) | $211,805 (-6.2%) | 0.00 | 196 |
2019-05-01 | $189,700 (5.4%) | $224,518 (-2.3%) | 0.00 | 213 |
2019-06-01 | $174,900 (0.1%) | $213,464 (2.0%) | 0.00 | 229 |
2019-07-01 | $184,996 (8.9%) | $219,175 (4.3%) | 0.00 | 233 |
2019-08-01 | $189,755 (7.8%) | $224,998 (0.9%) | 0.00 | 234 |
2019-09-01 | $189,836 (8.5%) | $224,645 (0.8%) | 0.00 | 230 |
2019-10-01 | $189,900 (7.6%) | $225,368 (0.7%) | 0.00 | 224 |
2019-11-01 | $179,000 (-1.7%) | $216,294 (-2.4%) | 0.00 | 219 |
2019-12-01 | $171,450 (0.9%) | $208,419 (-4.4%) | 0.00 | 211 |
2020-01-01 | $177,200 (10.1%) | $220,368 (4.0%) | 0.00 | 176 |
2020-02-01 | $177,500 (8.7%) | $225,060 (5.7%) | 0.00 | 169 |
2020-03-01 | $173,750 (2.4%) | $233,166 (12.0%) | 0.00 | 161 |
2020-04-01 | $169,900 (-7.0%) | $225,964 (6.7%) | 0.00 | 149 |
2020-05-01 | $169,450 (-10.7%) | $214,129 (-4.6%) | 0.00 | 137 |
2020-06-01 | $195,000 (11.5%) | $225,117 (5.5%) | 0.00 | 122 |
2020-07-01 | $195,475 (5.7%) | $223,607 (2.0%) | 0.00 | 126 |
2020-08-01 | $185,000 (-2.5%) | $228,463 (1.5%) | 0.00 | 97 |
2020-09-01 | $220,600 (16.2%) | $245,374 (9.2%) | 0.00 | 91 |
2020-10-01 | $219,250 (15.5%) | $248,698 (10.4%) | 0.00 | 105 |
2020-11-01 | $214,725 (20.0%) | $271,228 (25.4%) | 0.00 | 100 |
2020-12-01 | $179,900 (4.9%) | $251,536 (20.7%) | 0.00 | 92 |
2021-01-01 | $181,200 (2.3%) | $254,492 (15.5%) | 0.00 | 85 |
2021-02-01 | $176,225 (-0.7%) | $258,583 (14.9%) | 0.00 | 78 |
2021-03-01 | $211,125 (21.5%) | $279,116 (19.7%) | 0.00 | 60 |
2021-04-01 | $219,350 (29.1%) | $284,452 (25.9%) | 0.00 | 53 |
2021-05-01 | $210,000 (23.9%) | $269,295 (25.8%) | 0.00 | 56 |
2021-06-01 | $198,200 (1.6%) | $246,681 (9.6%) | 0.00 | 72 |
2021-07-01 | $201,450 (3.1%) | $274,941 (23.0%) | 0.00 | 77 |
2021-08-01 | $232,350 (25.6%) | $278,509 (21.9%) | 0.00 | 83 |
2021-09-01 | $249,700 (13.2%) | $304,625 (24.2%) | 0.00 | 103 |
2021-10-01 | $249,450 (13.8%) | $295,870 (19.0%) | 0.00 | 113 |
2021-11-01 | $242,750 (13.1%) | $315,553 (16.3%) | 0.00 | 92 |
2021-12-01 | $247,225 (37.4%) | $323,651 (28.7%) | 0.00 | 93 |
2022-01-01 | $265,000 (46.3%) | $333,079 (30.9%) | 0.00 | 94 |
2022-02-01 | $238,675 (35.4%) | $321,486 (24.3%) | 0.00 | 86 |
2022-03-01 | $275,375 (30.4%) | $358,124 (28.3%) | 0.00 | 82 |
2022-04-01 | $259,900 (18.5%) | $371,610 (30.6%) | 0.00 | 85 |
2022-05-01 | $262,875 (25.2%) | $395,871 (47.0%) | 0.00 | 89 |
2022-06-01 | $249,500 (25.9%) | $350,867 (42.2%) | 0.00 | 113 |
2022-07-01 | $259,450 (28.8%) | $355,884 (29.4%) | 0.00 | 129 |
2022-08-01 | $237,475 (2.2%) | $324,787 (16.6%) | 0.00 | 154 |
2022-09-01 | $234,900 (-5.9%) | $330,417 (8.5%) | 0.00 | 164 |
2022-10-01 | $225,000 (-9.8%) | $298,488 (0.9%) | 0.00 | 191 |
2022-11-01 | $222,450 (-8.4%) | $305,414 (-3.2%) | 0.00 | 196 |
2022-12-01 | $225,000 (-9.0%) | $316,861 (-2.1%) | 0.00 | 188 |
2023-01-01 | $249,950 (-5.7%) | $319,377 (-4.1%) | 0.00 | 178 |
2023-02-01 | $259,950 (8.9%) | $344,493 (7.2%) | 0.00 | 175 |
2023-03-01 | $259,975 (-5.6%) | $344,426 (-3.8%) | 0.00 | 176 |
2023-04-01 | $270,000 (3.9%) | $355,857 (-4.2%) | 0.00 | 177 |
2023-05-01 | $279,900 (6.5%) | $366,130 (-7.5%) | 0.00 | 170 |
2023-06-01 | $285,000 (14.2%) | $359,753 (2.5%) | 0.00 | 172 |
2023-07-01 | $265,000 (2.1%) | $347,665 (-2.3%) | 0.00 | 185 |
2023-08-01 | $264,900 (11.6%) | $371,826 (14.5%) | 0.00 | 189 |
2023-09-01 | $269,950 (14.9%) | $370,530 (12.1%) | 0.00 | 194 |
2023-10-01 | $258,500 (14.9%) | $369,878 (23.9%) | 0.00 | 199 |
2023-11-01 | $250,600 (12.7%) | $355,330 (16.3%) | 0.00 | 211 |
2023-12-01 | $249,900 (11.1%) | $355,754 (12.3%) | 0.00 | 214 |
2024-01-01 | $249,950 (0.0%) | $374,561 (17.3%) | 0.00 | 196 |
2024-02-01 | $248,850 (-4.3%) | $366,171 (6.3%) | 0.00 | 174 |
2024-03-01 | $245,500 (-5.6%) | $357,752 (3.9%) | 0.00 | 168 |
2024-04-01 | $251,875 (-6.7%) | $350,111 (-1.6%) | 0.00 | 175 |
2024-05-01 | $268,513 (-4.1%) | $327,836 (-10.5%) | 0.00 | 172 |
2024-06-01 | $272,450 (-4.4%) | $337,116 (-6.3%) | 0.00 | 198 |
2024-07-01 | $271,950 (2.6%) | $348,176 (0.2%) | 0.00 | 212 |
2024-08-01 | $285,000 (7.6%) | $351,965 (-5.3%) | 0.00 | 210 |
2024-09-01 | $283,475 (5.0%) | $355,916 (-3.9%) | 0.00 | 207 |
Paris's median listing price comes in at 0% of the national average.
Paris's average listing price for 2024-09-01 was $355,916, a difference of $-14,614 (-3.9%) versus the prior year and $3,951 versus the prior month.
For the 2024-09-01 period, Paris had 207 MLS listings, a difference of -3 listings (-1%) versus the prior month and 13 listings (7%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Paris (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,240 sqft |
2018-02-01 | 0 days | 2,133 sqft |
2018-03-01 | 0 days | 2,268 sqft |
2018-04-01 | 0 days | 2,369 sqft |
2018-05-01 | 0 days | 2,467 sqft |
2018-06-01 | 0 days | 2,363 sqft |
2018-07-01 | 0 days | 2,264 sqft |
2018-08-01 | 0 days | 2,294 sqft |
2018-09-01 | 0 days | 2,237 sqft |
2018-10-01 | 0 days | 2,200 sqft |
2018-11-01 | 0 days | 2,145 sqft |
2018-12-01 | 0 days | 2,167 sqft |
2019-01-01 | 0 days | 2,083 sqft |
2019-02-01 | 0 days | 2,087 sqft |
2019-03-01 | 0 days | 2,053 sqft |
2019-04-01 | 0 days | 2,020 sqft |
2019-05-01 | 0 days | 2,157 sqft |
2019-06-01 | 0 days | 2,102 sqft |
2019-07-01 | 0 days | 2,154 sqft |
2019-08-01 | 0 days | 2,230 sqft |
2019-09-01 | 0 days | 2,269 sqft |
2019-10-01 | 0 days | 2,322 sqft |
2019-11-01 | 0 days | 2,220 sqft |
2019-12-01 | 0 days | 2,196 sqft |
2020-01-01 | 0 days | 2,202 sqft |
2020-02-01 | 0 days | 2,201 sqft |
2020-03-01 | 0 days | 2,186 sqft |
2020-04-01 | 0 days | 2,150 sqft |
2020-05-01 | 0 days | 2,010 sqft |
2020-06-01 | 0 days | 2,346 sqft |
2020-07-01 | 0 days | 2,109 sqft |
2020-08-01 | 0 days | 2,254 sqft |
2020-09-01 | 0 days | 2,315 sqft |
2020-10-01 | 0 days | 2,406 sqft |
2020-11-01 | 0 days | 2,494 sqft |
2020-12-01 | 0 days | 2,266 sqft |
2021-01-01 | 0 days | 2,260 sqft |
2021-02-01 | 0 days | 2,095 sqft |
2021-03-01 | 0 days | 2,127 sqft |
2021-04-01 | 0 days | 2,285 sqft |
2021-05-01 | 0 days | 1,992 sqft |
2021-06-01 | 0 days | 1,942 sqft |
2021-07-01 | 0 days | 1,905 sqft |
2021-08-01 | 0 days | 1,885 sqft |
2021-09-01 | 0 days | 1,891 sqft |
2021-10-01 | 0 days | 1,967 sqft |
2021-11-01 | 0 days | 1,857 sqft |
2021-12-01 | 0 days | 1,837 sqft |
2022-01-01 | 0 days | 1,878 sqft |
2022-02-01 | 0 days | 1,781 sqft |
2022-03-01 | 0 days | 1,883 sqft |
2022-04-01 | 0 days | 1,868 sqft |
2022-05-01 | 0 days | 1,881 sqft |
2022-06-01 | 0 days | 1,864 sqft |
2022-07-01 | 0 days | 1,855 sqft |
2022-08-01 | 0 days | 1,820 sqft |
2022-09-01 | 0 days | 1,834 sqft |
2022-10-01 | 0 days | 1,742 sqft |
2022-11-01 | 0 days | 1,748 sqft |
2022-12-01 | 0 days | 1,836 sqft |
2023-01-01 | 0 days | 1,800 sqft |
2023-02-01 | 0 days | 1,851 sqft |
2023-03-01 | 0 days | 1,801 sqft |
2023-04-01 | 0 days | 1,867 sqft |
2023-05-01 | 0 days | 1,897 sqft |
2023-06-01 | 0 days | 1,964 sqft |
2023-07-01 | 0 days | 1,926 sqft |
2023-08-01 | 0 days | 1,965 sqft |
2023-09-01 | 0 days | 1,964 sqft |
2023-10-01 | 0 days | 1,856 sqft |
2023-11-01 | 0 days | 1,801 sqft |
2023-12-01 | 0 days | 1,805 sqft |
2024-01-01 | 0 days | 1,805 sqft |
2024-02-01 | 0 days | 1,801 sqft |
2024-03-01 | 0 days | 1,788 sqft |
2024-04-01 | 0 days | 1,906 sqft |
2024-05-01 | 0 days | 1,842 sqft |
2024-06-01 | 0 days | 1,870 sqft |
2024-07-01 | 0 days | 1,867 sqft |
2024-08-01 | 0 days | 1,990 sqft |
2024-09-01 | 0 days | 1,971 sqft |
Paris's median square footage for active listings during the 2024-09-01 period was 1,971 sqft. One year prior, the average listing was 1,964 sqft.