DECATUR Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Decatur averaged
6.94%
for the week of 2024-11-14, compared to the national average of
6.78% for the same period.
The average rate for the prior week (2024-11-07) was
6.55% and
one month ago for the week of 2024-10-10, the
average rate was 6.18%.
Decatur's average rate one year ago was 7.56%.
For refis of the same type during the week of 2024-11-14, the average rate
was 6.25%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-14 | 6.78% |
| Decatur 30 Year Fixed Rate | 2024-11-14 | 6.94% |
| Decatur 30 Year Fixed Rate Refi | 2024-11-14 | 6.25% |
| Decatur 15 Year Fixed Rate | 2024-11-14 | 5.99% |
| Decatur 15 Year Fixed Rate Refi | 2024-11-14 | 6.09% |
| Decatur 30 Year FHA | 2024-11-14 | -0.19% |
| Decatur 30 Year FHA Refi | 2024-11-14 | 0.2% |
| Decatur 30 Year USDA | 2024-11-14 | 0.2% |
| Decatur 30 Year USDA Refi | 2024-11-14 | 0.2% |
| Decatur 30 Year VA | 2024-11-14 | 0.04% |
| Decatur 30 Year VA Refi | 2024-11-14 | 0% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within DECATUR, AL.
DECATUR Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the DECATUR, AL market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
DECATUR Average Closing Costs & Other Stats
DECATUR, AL's 113 lenders originated 2,996
loans during 2023. The total origination value was $559,330,000, with an average loan value of
$186,692.
DECATUR's average closing costs are $4,862.
The top DECATUR lender as defined by loan originations is QUICKEN LOANS, LLC, with
81 loans originated. Their average total fees are
$6,456, which is $2,913
higher than the next largest lender,
REDSTONE Federal Credit Union.
The lowest fee DECATUR lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. ($2,059), REDSTONE Federal Credit Union ($3,543), Bank Independent ($3,892), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($3,978) and CB&S Bank, Inc. ($4,139).
The lowest rate DECATUR lenders (with over 10 loans originated) are
MORTGAGE INVESTORS GROUP, INC. (2.05%), DHI MORTGAGE COMPANY, LTD. (5.77%), NEWREZ LLC (6.45%), SouthPoint Bank (6.55%) and Regions Bank (6.60%).
DECATUR, AL Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $55,710,000 | $37,500,000 | -32.7% | 6.7% |
| REDSTONE Federal Credit Union | $48,135,000 | $35,190,000 | -26.9% | 6.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $25,905,000 | $26,490,000 | 2.3% | 4.7% |
| GREYSTONE SERVICING COMPANY LLC | $26,255,000 | n/a | 4.7% | |
| Renasant Bank | $20,975,000 | $20,145,000 | -4.0% | 3.6% |
| River Bank & Trust | $17,500,000 | $16,915,000 | -3.3% | 3.0% |
| Regions Bank | $26,845,000 | $16,380,000 | -39.0% | 2.9% |
| BROKER SOLUTIONS, INC. | $18,095,000 | $14,590,000 | -19.4% | 2.6% |
| Bank Independent | $22,025,000 | $14,080,000 | -36.1% | 2.5% |
| Synovus Bank | $21,070,000 | $13,295,000 | -36.9% | 2.4% |
| MORTGAGE INVESTORS GROUP, INC. | $13,870,000 | $13,105,000 | -5.5% | 2.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $10,145,000 | $12,325,000 | 21.5% | 2.2% |
| SouthPoint Bank | $21,530,000 | $12,325,000 | -42.8% | 2.2% |
| PENNYMAC LOAN SERVICES, LLC | $9,515,000 | $10,930,000 | 14.9% | 2.0% |
| Mortgage Research Center, LLC | $15,320,000 | $10,030,000 | -34.5% | 1.8% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $7,860,000 | $9,660,000 | 22.9% | 1.7% |
| PNC Bank | $10,490,000 | $9,300,000 | -11.3% | 1.7% |
| 21ST MORTGAGE CORPORATION | $5,005,000 | $7,965,000 | 59.1% | 1.4% |
| DHI MORTGAGE COMPANY, LTD. | $1,505,000 | $7,660,000 | 409.0% | 1.4% |
| CB&S Bank, Inc. | $8,995,000 | $7,655,000 | -14.9% | 1.4% |
| GMFS LLC | $11,635,000 | $6,350,000 | -45.4% | 1.1% |
| CARDINAL FINANCIAL | $3,535,000 | $5,885,000 | 66.5% | 1.1% |
| NEWREZ LLC | $9,270,000 | $5,830,000 | -37.1% | 1.0% |
| FREEDOM MORTGAGE CORPORATION | $11,790,000 | $5,650,000 | -52.1% | 1.0% |
| United Community Bank | $65,000 | $5,585,000 | 8,492.3% | 1.0% |
| NAVY FEDERAL CREDIT UNION | $3,715,000 | $5,190,000 | 39.7% | 0.9% |
| LOANDEPOT.COM, LLC | $15,970,000 | $5,170,000 | -67.6% | 0.9% |
| Peoples Bank of Alabama | $9,110,000 | $4,785,000 | -47.5% | 0.9% |
| FirstBank | $12,065,000 | $4,745,000 | -60.7% | 0.8% |
| MOVEMENT MORTGAGE, LLC | $8,655,000 | $4,685,000 | -45.9% | 0.8% |
| USAA Federal Savings Bank | $2,350,000 | $4,150,000 | 76.6% | 0.7% |
| Trustmark National Bank | $5,470,000 | $3,865,000 | -29.3% | 0.7% |
| CIS Financial Services, Inc. | $1,590,000 | $3,715,000 | 133.6% | 0.7% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,845,000 | $3,635,000 | 97.0% | 0.6% |
| GUILD MORTGAGE COMPANY | $1,585,000 | $3,525,000 | 122.4% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $9,075,000 | $3,510,000 | -61.3% | 0.6% |
| Wells Fargo Bank | $7,615,000 | $3,455,000 | -54.6% | 0.6% |
| BancorpSouth | $6,390,000 | $3,245,000 | -49.2% | 0.6% |
| CBRE MULTIFAMILY CAPITAL, INC. | $3,125,000 | n/a | 0.6% | |
| Hamilton Mortgage Corporation | $1,935,000 | $2,980,000 | 54.0% | 0.5% |
| EvaBank | $2,275,000 | $2,945,000 | 29.5% | 0.5% |
| First Federal Bank, A FSB | $2,045,000 | $2,895,000 | 41.6% | 0.5% |
| Flagstar Bank, FSB | $7,995,000 | $2,885,000 | -63.9% | 0.5% |
| TJC Mortgage, Inc. | $6,540,000 | $2,870,000 | -56.1% | 0.5% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $2,740,000 | n/a | 0.5% | |
| Victorian Finance, LLC | $2,725,000 | n/a | 0.5% | |
| AMERISAVE MORTGAGE CORPORATION | $4,865,000 | $2,690,000 | -44.7% | 0.5% |
| Family Security Credit Union | $4,660,000 | $2,580,000 | -44.6% | 0.5% |
| Consumer First Mortgage, Inc. | $2,410,000 | $2,505,000 | 3.9% | 0.4% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $4,745,000 | $2,405,000 | -49.3% | 0.4% |
| Listerhill Credit Union | $9,920,000 | $2,365,000 | -76.2% | 0.4% |
| Assurance Financial Group, L.L.C. | $1,645,000 | $2,265,000 | 37.7% | 0.4% |
| GUARANTEED RATE, INC. | $1,330,000 | $2,245,000 | 68.8% | 0.4% |
| Plains Commerce Bank | $250,000 | $2,215,000 | 786.0% | 0.4% |
| TRIAD FINANCIAL SERVICES, INC. | $1,380,000 | $2,065,000 | 49.6% | 0.4% |
| Century Mortgage Company DBA Century Lending Company | $360,000 | $1,880,000 | 422.2% | 0.3% |
| ALL IN | $85,000 | $1,840,000 | 2,064.7% | 0.3% |
| FIRST COMMUNITY MORTGAGE, INC. | $6,445,000 | $1,815,000 | -71.8% | 0.3% |
| FIRST CONTINENTAL MORTGAGE, LTD. | $1,770,000 | n/a | 0.3% | |
| Carrington Mortgage Services, LLC | $2,125,000 | $1,760,000 | -17.2% | 0.3% |
| LENDINGONE, LLC | $3,335,000 | $1,755,000 | -47.4% | 0.3% |
| Armed Forces Bank | $355,000 | $1,695,000 | 377.5% | 0.3% |
| Equity Prime Mortgage LLC | $1,910,000 | $1,650,000 | -13.6% | 0.3% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,620,000 | n/a | 0.3% | |
| Traditions Bank | $5,430,000 | $1,595,000 | -70.6% | 0.3% |
| First National Bank of Pulaski | $4,315,000 | $1,525,000 | -64.7% | 0.3% |
| First Citizens National Bank | $1,465,000 | n/a | 0.3% | |
| First Horizon Bank | $1,880,000 | $1,365,000 | -27.4% | 0.2% |
| CSL Financial, LLC | $1,495,000 | $1,345,000 | -10.0% | 0.2% |
| JPMorgan Chase Bank | $2,165,000 | $1,295,000 | -40.2% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $990,000 | $1,295,000 | 30.8% | 0.2% |
| NEW DAY FINANCIAL, LLC | $2,485,000 | $1,290,000 | -48.1% | 0.2% |
| Premier Bank of the South | $2,680,000 | $1,265,000 | -52.8% | 0.2% |
| AVADIAN | $755,000 | $1,255,000 | 66.2% | 0.2% |
| Truist | $2,365,000 | $1,245,000 | -47.4% | 0.2% |
| SOUTHWEST STAGE FUNDING, LLC | $1,025,000 | $1,180,000 | 15.1% | 0.2% |
| PLANET HOME LENDING, LLC | $905,000 | $1,150,000 | 27.1% | 0.2% |
| U.S. Bank | $875,000 | $1,145,000 | 30.9% | 0.2% |
| FIRST COLONY MORTGAGE CORPORATION | $165,000 | $1,130,000 | 584.8% | 0.2% |
| CMG MORTGAGE, INC. | $965,000 | $1,110,000 | 15.0% | 0.2% |
| Pinnacle Bank | $600,000 | $1,095,000 | 82.5% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $235,000 | $1,050,000 | 346.8% | 0.2% |
| UNION HOME MORTGAGE CORP. | $730,000 | $1,050,000 | 43.8% | 0.2% |
| Discover Bank | $700,000 | $1,045,000 | 49.3% | 0.2% |
| ServisFirst Bank | $195,000 | $1,040,000 | 433.3% | 0.2% |
| MILEND, INC. | $215,000 | $1,030,000 | 379.1% | 0.2% |
| Nations Lending Corporation | $345,000 | $995,000 | 188.4% | 0.2% |
| STOCKTON MORTGAGE CORPORATION | $225,000 | $890,000 | 295.6% | 0.2% |
| First Metro Bank | $880,000 | n/a | 0.2% | |
| Southwest Georgia Farm Credit, ACA | $875,000 | n/a | 0.2% | |
| First South Farm Credit, ACA | $1,240,000 | $865,000 | -30.2% | 0.2% |
| First Federal Bank | $1,010,000 | $830,000 | -17.8% | 0.1% |
| AMCAP MORTGAGE, LTD. | $730,000 | n/a | 0.1% | |
| Morgan Stanley Private Bank | $515,000 | $720,000 | 39.8% | 0.1% |
| The Loan Store, Inc. | $720,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $540,000 | $715,000 | 32.4% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $485,000 | $710,000 | 46.4% | 0.1% |
| CORNERSTONE HOME LENDING, INC. | $465,000 | $705,000 | 51.6% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $2,740,000 | $705,000 | -74.3% | 0.1% |
| ALABAMA CREDIT UNION | $675,000 | $695,000 | 3.0% | 0.1% |
| Farmers Bank & Trust | $690,000 | n/a | 0.1% | |
| First Southern Bank | $1,475,000 | $680,000 | -53.9% | 0.1% |
| Bank of America | $805,000 | $650,000 | -19.3% | 0.1% |
| GENEVA FINANCIAL, LLC | $980,000 | $650,000 | -33.7% | 0.1% |
| South State Bank | $1,845,000 | $625,000 | -66.1% | 0.1% |
| M&T Bank | $180,000 | $620,000 | 244.4% | 0.1% |
| SPRING EQ, LLC | $285,000 | $610,000 | 114.0% | 0.1% |
| Bryant Bank | $4,310,000 | $600,000 | -86.1% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $245,000 | $600,000 | 144.9% | 0.1% |
| Coastal Community Bank | $595,000 | n/a | 0.1% | |
| North Alabama Bank | $595,000 | n/a | 0.1% | |
| SIRVA MORTGAGE, INC. | $1,295,000 | $590,000 | -54.4% | 0.1% |
| MORIA DEVELOPMENT, INC. | $585,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $420,000 | $580,000 | 38.1% | 0.1% |
| The Federal Savings Bank | $1,770,000 | $575,000 | -67.5% | 0.1% |
| Arvest Bank | $110,000 | $565,000 | 413.6% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $560,000 | n/a | 0.1% | |
| LENDINGHOME FUNDING CORPORATION | $145,000 | $550,000 | 279.3% | 0.1% |
| FAMILY SAVINGS | $95,000 | $545,000 | 473.7% | 0.1% |
| First Savings Bank | $680,000 | $540,000 | -20.6% | 0.1% |
| Ameris Bank | $1,200,000 | $530,000 | -55.8% | 0.1% |
| BankFirst Financial Services | $360,000 | $525,000 | 45.8% | 0.1% |
| Ally Bank | $200,000 | $520,000 | 160.0% | 0.1% |
| BAYSHORE MORTGAGE FUNDING, LLC | $1,630,000 | $515,000 | -68.4% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $1,065,000 | $490,000 | -54.0% | 0.1% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $490,000 | n/a | 0.1% | |
| SUPERIOR CHOICE | $490,000 | n/a | 0.1% | |
| RUOFF MORTGAGE COMPANY, INC. | $250,000 | $480,000 | 92.0% | 0.1% |
| ASCEND FEDERAL CREDIT UNION | $215,000 | $470,000 | 118.6% | 0.1% |
| TOWNE MORTGAGE COMPANY | $1,185,000 | $460,000 | -61.2% | 0.1% |
| A&D Mortgage LLC | $455,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $1,135,000 | $450,000 | -60.4% | 0.1% |
| American Mortgage & Equity Consultants, Inc. | $450,000 | n/a | 0.1% | |
| GUARANTY HOME MORTGAGE CORPORATION | $2,470,000 | $450,000 | -81.8% | 0.1% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $450,000 | n/a | 0.1% | |
| DOMINION FINANCIAL SERVICES, LLC | $440,000 | n/a | 0.1% | |
| FirstTrust Home Loans, Inc. | $530,000 | $435,000 | -17.9% | 0.1% |
| NETWORK CAPITAL FUNDING CORPORATION | $300,000 | $430,000 | 43.3% | 0.1% |
| AMERICA'S FIRST | $740,000 | $420,000 | -43.2% | 0.1% |
| Princeton Mortgage Corporation | $420,000 | n/a | 0.1% | |
| Alabama One Credit Union | $415,000 | n/a | 0.1% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,745,000 | $415,000 | -84.9% | 0.1% |
| S1L, Inc. | $400,000 | n/a | 0.1% | |
| ABSOLUTE HOME MORTGAGE CORPORATION | $380,000 | n/a | 0.1% | |
| LAKEVIEW LOAN SERVICING, LLC | $1,435,000 | $380,000 | -73.5% | 0.1% |
| ALLIED MORTGAGE GROUP, INC. | $375,000 | n/a | 0.1% | |
| HOMESTAR FINANCIAL CORPORATION | $350,000 | $370,000 | 5.7% | 0.1% |
| BNC National Bank | $415,000 | $365,000 | -12.0% | 0.1% |
| COUNTRYPLACE MORTGAGE, LTD. | $475,000 | $360,000 | -24.2% | 0.1% |
| Cornerstone First Mortgage, Inc | $355,000 | n/a | 0.1% | |
| INTERCOASTAL MORTGAGE COMPANY | $355,000 | n/a | 0.1% | |
| MIDLAND MORTGAGE CORPORATION | $355,000 | n/a | 0.1% | |
| WINGS FINANCIAL | $355,000 | n/a | 0.1% | |
| APCO EMPLOYEES | $310,000 | $350,000 | 12.9% | 0.1% |
| TVA Community Credit Union | $770,000 | $350,000 | -54.5% | 0.1% |
| The Central Trust Bank | $345,000 | n/a | 0.1% | |
| Citizens Bank | $445,000 | $330,000 | -25.8% | 0.1% |
| EMM LOANS LLC | $125,000 | $330,000 | 164.0% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $555,000 | $330,000 | -40.5% | 0.1% |
| Neighborhood Loans, Inc. | $95,000 | $325,000 | 242.1% | 0.1% |
| THE MORTGAGE FIRM, INC. | $400,000 | $325,000 | -18.8% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $315,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $705,000 | $295,000 | -58.2% | 0.1% |
| AMERICAN BANCSHARES MORTGAGE | $285,000 | n/a | 0.1% | |
| ISERVE RESIDENTIAL LENDING, LLC | $285,000 | n/a | 0.1% | |
| Ixonia Bank | $285,000 | n/a | 0.1% | |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $285,000 | n/a | 0.1% | |
| AmeriHome Mortgage Company, LLC | $915,000 | $265,000 | -71.0% | 0.0% |
| Citibank | $265,000 | n/a | 0.0% | |
| NATIONS DIRECT MORTGAGE, LLC | $1,220,000 | $265,000 | -78.3% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $495,000 | $260,000 | -47.5% | 0.0% |
| Wolfe Financial, Inc | $1,135,000 | $260,000 | -77.1% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $1,780,000 | $255,000 | -85.7% | 0.0% |
| The Hometown Bank of Alabama | $255,000 | n/a | 0.0% | |
| EMBRACE HOME LOANS, INC. | $1,145,000 | $245,000 | -78.6% | 0.0% |
| Gateway First Bank | $1,710,000 | $245,000 | -85.7% | 0.0% |
| LENDSURE MORTGAGE CORP. | $245,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $245,000 | n/a | 0.0% | |
| Magnolia Bank | $235,000 | n/a | 0.0% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $3,530,000 | $235,000 | -93.3% | 0.0% |
| Honor Credit Union | $230,000 | n/a | 0.0% | |
| Citizens Bank & Trust | $2,105,000 | $225,000 | -89.3% | 0.0% |
| Old National Bank | $225,000 | n/a | 0.0% | |
| LOANPAL, LLC | $65,000 | $220,000 | 238.5% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $385,000 | $215,000 | -44.2% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $110,000 | $215,000 | 95.5% | 0.0% |
| ON Q FINANCIAL, INC. | $215,000 | n/a | 0.0% | |
| APCI Federal Credit Union | $235,000 | $200,000 | -14.9% | 0.0% |
| DELMAR FINANCIAL COMPANY | $195,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $775,000 | $190,000 | -75.5% | 0.0% |
| INTERCAP LENDING INC. | $115,000 | $185,000 | 60.9% | 0.0% |
| Prosperity Home Mortgage, LLC | $275,000 | $185,000 | -32.7% | 0.0% |
| Citadel Servicing Corporation | $155,000 | $175,000 | 12.9% | 0.0% |
| Mid-Continent Funding, Inc. | $440,000 | $175,000 | -60.2% | 0.0% |
| PeoplesTrust Bank | $175,000 | n/a | 0.0% | |
| TOTAL MORTGAGE SERVICES, LLC | $175,000 | n/a | 0.0% | |
| Figure Lending LLC | $350,000 | $170,000 | -51.4% | 0.0% |
| BankPlus | $275,000 | $165,000 | -40.0% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $590,000 | $165,000 | -72.0% | 0.0% |
| LIMA ONE CAPITAL, LLC | $280,000 | $165,000 | -41.1% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $155,000 | n/a | 0.0% | |
| SeaTrust Mortgage Company | $145,000 | $155,000 | 6.9% | 0.0% |
| ALABAMA TEACHERS | $145,000 | $145,000 | 0.0% | 0.0% |
| RADIUS FINANCIAL GROUP INC. | $145,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $1,265,000 | $145,000 | -88.5% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $145,000 | n/a | 0.0% | |
| Axos Bank | $135,000 | n/a | 0.0% | |
| NFM, INC. | $175,000 | $135,000 | -22.9% | 0.0% |
| Sunflower Bank | $235,000 | $135,000 | -42.6% | 0.0% |
| AUSTIN TELCO Federal Credit Union | $125,000 | n/a | 0.0% | |
| DAS Acquisition Company, LLC | $690,000 | $125,000 | -81.9% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $65,000 | $125,000 | 92.3% | 0.0% |
| The Bank of Missouri | $125,000 | n/a | 0.0% | |
| Northwest Federal Credit Union | $115,000 | n/a | 0.0% | |
| USAlliance Federal Credit Union | $115,000 | n/a | 0.0% | |
| CONTOUR MORTGAGE CORPORATION | $135,000 | $105,000 | -22.2% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $375,000 | $95,000 | -74.7% | 0.0% |
| SHELTER HOME MORTGAGE, LLC | $95,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $55,000 | n/a | 0.0% | |
| Alabama Central Credit Union | $250,000 | $35,000 | -86.0% | 0.0% |
| Tyndall Federal Credit Union | $125,000 | $35,000 | -72.0% | 0.0% |
DECATUR's top lender by overall market share is QUICKEN LOANS, LLC, with 6.7% market share. In second place, with 6.3%, is REDSTONE Federal Credit Union, having originated $35,190,000 in loans. In third place, with 4.7%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $26,490,000 in loans. In fourth place, with 4.7%, is GREYSTONE SERVICING COMPANY LLC, having originated $26,255,000 in loans. In fifth place, with 3.6%, is Renasant Bank, having originated $20,145,000 in loans.
DECATUR Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - DECATUR (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 | $175,175 (16.9%) | $216,029 (17.1%) | 0.65 | 560 |
| 2018-02-01 | $174,925 (16.7%) | $218,289 (20.5%) | 0.64 | 558 |
| 2018-03-01 | $175,000 (16.7%) | $218,806 (17.3%) | 0.61 | 537 |
| 2018-04-01 | $182,400 (14.1%) | $223,722 (16.8%) | 0.62 | 518 |
| 2018-05-01 | $179,950 (9.6%) | $218,401 (11.9%) | 0.60 | 545 |
| 2018-06-01 | $179,993 (6.2%) | $216,990 (5.2%) | 0.60 | 554 |
| 2018-07-01 | $187,900 (10.6%) | $226,759 (9.3%) | 0.63 | 523 |
| 2018-08-01 | $179,900 (5.9%) | $223,650 (7.4%) | 0.60 | 521 |
| 2018-09-01 | $189,500 (11.5%) | $226,709 (9.0%) | 0.64 | 504 |
| 2018-10-01 | $184,900 (8.9%) | $224,935 (9.1%) | 0.63 | 499 |
| 2018-11-01 | $183,675 (8.1%) | $225,595 (9.4%) | 0.62 | 485 |
| 2018-12-01 | $185,000 (8.9%) | $227,662 (6.3%) | 0.64 | 474 |
| 2019-01-01 | $182,450 (4.2%) | $226,490 (4.8%) | 0.63 | 452 |
| 2019-02-01 | $184,925 (5.7%) | $225,725 (3.4%) | 0.62 | 435 |
| 2019-03-01 | $182,757 (4.4%) | $226,306 (3.4%) | 0.60 | 399 |
| 2019-04-01 | $180,257 (-1.2%) | $229,471 (2.6%) | 0.57 | 374 |
| 2019-05-01 | $192,100 (6.8%) | $241,353 (10.5%) | 0.60 | 376 |
| 2019-06-01 | $199,900 (11.1%) | $247,243 (13.9%) | 0.62 | 377 |
| 2019-07-01 | $195,450 (4.0%) | $250,341 (10.4%) | 0.61 | 381 |
| 2019-08-01 | $203,636 (13.2%) | $257,024 (14.9%) | 0.64 | 378 |
| 2019-09-01 | $201,590 (6.4%) | $259,003 (14.2%) | 0.65 | 374 |
| 2019-10-01 | $200,000 (8.2%) | $259,922 (15.6%) | 0.65 | 370 |
| 2019-11-01 | $199,950 (8.9%) | $264,249 (17.1%) | 0.66 | 355 |
| 2019-12-01 | $199,775 (8.0%) | $263,042 (15.5%) | 0.67 | 331 |
| 2020-01-01 | $201,415 (10.4%) | $267,726 (18.2%) | 0.67 | 310 |
| 2020-02-01 | $199,999 (8.2%) | $262,468 (16.3%) | 0.65 | 293 |
| 2020-03-01 | $210,690 (15.3%) | $253,762 (12.1%) | 0.66 | 252 |
| 2020-04-01 | $217,450 (20.6%) | $265,541 (15.7%) | 0.68 | 247 |
| 2020-05-01 | $220,000 (14.5%) | $260,523 (7.9%) | 0.67 | 241 |
| 2020-06-01 | $215,225 (7.7%) | $252,965 (2.3%) | 0.63 | 218 |
| 2020-07-01 | $216,400 (10.7%) | $255,870 (2.2%) | 0.63 | 221 |
| 2020-08-01 | $229,900 (12.9%) | $284,330 (10.6%) | 0.66 | 200 |
| 2020-09-01 | $229,925 (14.1%) | $285,807 (10.4%) | 0.66 | 196 |
| 2020-10-01 | $229,900 (15.0%) | $291,237 (12.1%) | 0.66 | 192 |
| 2020-11-01 | $228,791 (14.4%) | $289,256 (9.5%) | 0.67 | 181 |
| 2020-12-01 | $224,900 (12.6%) | $285,079 (8.4%) | 0.67 | 175 |
| 2021-01-01 | $223,750 (11.1%) | $291,958 (9.1%) | 0.67 | 152 |
| 2021-02-01 | $235,338 (17.7%) | $310,661 (18.4%) | 0.69 | 124 |
| 2021-03-01 | $232,700 (10.5%) | $308,594 (21.6%) | 0.66 | 131 |
| 2021-04-01 | $258,675 (19.0%) | $327,041 (23.2%) | 0.70 | 121 |
| 2021-05-01 | $287,000 (30.5%) | $357,547 (37.2%) | 0.76 | 114 |
| 2021-06-01 | $266,475 (23.8%) | $362,588 (43.3%) | 0.70 | 122 |
| 2021-07-01 | $264,000 (22.0%) | $347,425 (35.8%) | 0.70 | 137 |
| 2021-08-01 | $265,303 (15.4%) | $378,191 (33.0%) | 0.71 | 154 |
| 2021-09-01 | $264,900 (15.2%) | $389,977 (36.5%) | 0.71 | 172 |
| 2021-10-01 | $270,000 (17.4%) | $387,748 (33.1%) | 0.72 | 187 |
| 2021-11-01 | $269,375 (17.7%) | $389,327 (34.6%) | 0.72 | 185 |
| 2021-12-01 | $260,925 (16.0%) | $362,874 (27.3%) | 0.71 | 170 |
| 2022-01-01 | $259,000 (15.8%) | $351,285 (20.3%) | 0.70 | 142 |
| 2022-02-01 | $269,000 (14.3%) | $376,666 (21.3%) | 0.70 | 112 |
| 2022-03-01 | $268,900 (15.6%) | $363,143 (17.7%) | 0.67 | 127 |
| 2022-04-01 | $250,000 (-3.4%) | $340,851 (4.2%) | 0.60 | 132 |
| 2022-05-01 | $281,167 (-2.0%) | $338,770 (-5.3%) | 0.64 | 177 |
| 2022-06-01 | $286,475 (7.5%) | $332,408 (-8.3%) | 0.64 | 218 |
| 2022-07-01 | $275,000 (4.2%) | $331,967 (-4.5%) | 0.62 | 266 |
| 2022-08-01 | $299,450 (12.9%) | $336,299 (-11.1%) | 0.69 | 272 |
| 2022-09-01 | $299,900 (13.2%) | $331,694 (-15.0%) | 0.70 | 268 |
| 2022-10-01 | $304,900 (12.9%) | $333,539 (-14.0%) | 0.72 | 267 |
| 2022-11-01 | $297,000 (10.3%) | $332,697 (-14.6%) | 0.71 | 258 |
| 2022-12-01 | $289,900 (11.1%) | $345,022 (-4.9%) | 0.72 | 245 |
| 2023-01-01 | $307,450 (18.7%) | $357,434 (1.8%) | 0.76 | 207 |
| 2023-02-01 | $307,450 (14.3%) | $356,633 (-5.3%) | 0.74 | 200 |
| 2023-03-01 | $298,397 (11.0%) | $351,605 (-3.2%) | 0.70 | 195 |
| 2023-04-01 | $310,900 (24.4%) | $356,252 (4.5%) | 0.72 | 174 |
| 2023-05-01 | $343,150 (22.0%) | $384,075 (13.4%) | 0.78 | 183 |
| 2023-06-01 | $336,125 (17.3%) | $382,992 (15.2%) | 0.76 | 187 |
| 2023-07-01 | $315,000 (14.6%) | $377,515 (13.7%) | 0.72 | 226 |
| 2023-08-01 | $318,933 (6.5%) | $380,875 (13.3%) | 0.73 | 241 |
| 2023-09-01 | $302,450 (0.9%) | $375,564 (13.2%) | 0.70 | 258 |
| 2023-10-01 | $299,450 (-1.8%) | $366,002 (9.7%) | 0.70 | 290 |
| 2023-11-01 | $294,850 (-0.7%) | $359,236 (8.0%) | 0.70 | 306 |
| 2023-12-01 | $294,900 (1.7%) | $352,193 (2.1%) | 0.72 | 320 |
| 2024-01-01 | $295,950 (-3.7%) | $353,397 (-1.1%) | 0.72 | 300 |
| 2024-02-01 | $297,900 (-3.1%) | $362,572 (1.7%) | 0.72 | 302 |
| 2024-03-01 | $296,900 (-0.5%) | $344,664 (-2.0%) | 0.70 | 292 |
| 2024-04-01 | $296,900 (-4.5%) | $349,754 (-1.8%) | 0.69 | 276 |
| 2024-05-01 | $299,900 (-12.6%) | $365,051 (-5.0%) | 0.68 | 322 |
| 2024-06-01 | $296,900 (-11.7%) | $353,466 (-7.7%) | 0.67 | 365 |
| 2024-07-01 | $294,925 (-6.4%) | $358,348 (-5.1%) | 0.67 | 363 |
| 2024-08-01 | $299,000 (-6.3%) | $368,892 (-3.2%) | 0.70 | 361 |
| 2024-09-01 | $287,475 (-5.0%) | $364,896 (-2.8%) | 0.68 | 425 |
| 2024-10-01 | $287,500 (-4.0%) | $361,358 (-1.3%) | 0.68 | 459 |
DECATUR's median listing price for 2024-10-01 was $287,500, a difference of
$-11,950
(-4.0%) versus the prior year and
$25 versus the prior month.
DECATUR's median listing price comes in at 68% of the national average.
DECATUR's average listing price for 2024-10-01 was $361,358, a difference of $-4,644 (-1.3%) versus the prior year and $-3,538 versus the prior month.
For the 2024-10-01 period, DECATUR had 459 MLS listings, a difference of 34 listings (8%) versus the prior month and 169 listings (58%) versus the prior year.
DECATUR's median listing price comes in at 68% of the national average.
DECATUR's average listing price for 2024-10-01 was $361,358, a difference of $-4,644 (-1.3%) versus the prior year and $-3,538 versus the prior month.
For the 2024-10-01 period, DECATUR had 459 MLS listings, a difference of 34 listings (8%) versus the prior month and 169 listings (58%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - DECATUR (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 102 days | 2,081 sqft |
| 2018-02-01 | 101 days | 2,129 sqft |
| 2018-03-01 | 93 days | 2,143 sqft |
| 2018-04-01 | 78 days | 2,172 sqft |
| 2018-05-01 | 69 days | 2,143 sqft |
| 2018-06-01 | 68 days | 2,150 sqft |
| 2018-07-01 | 74 days | 2,200 sqft |
| 2018-08-01 | 70 days | 2,119 sqft |
| 2018-09-01 | 71 days | 2,170 sqft |
| 2018-10-01 | 77 days | 2,122 sqft |
| 2018-11-01 | 79 days | 2,108 sqft |
| 2018-12-01 | 85 days | 2,157 sqft |
| 2019-01-01 | 95 days | 2,134 sqft |
| 2019-02-01 | 94 days | 2,161 sqft |
| 2019-03-01 | 79 days | 2,161 sqft |
| 2019-04-01 | 68 days | 2,158 sqft |
| 2019-05-01 | 56 days | 2,201 sqft |
| 2019-06-01 | 52 days | 2,250 sqft |
| 2019-07-01 | 51 days | 2,228 sqft |
| 2019-08-01 | 56 days | 2,251 sqft |
| 2019-09-01 | 62 days | 2,253 sqft |
| 2019-10-01 | 63 days | 2,249 sqft |
| 2019-11-01 | 64 days | 2,207 sqft |
| 2019-12-01 | 72 days | 2,193 sqft |
| 2020-01-01 | 78 days | 2,183 sqft |
| 2020-02-01 | 67 days | 2,100 sqft |
| 2020-03-01 | 55 days | 2,103 sqft |
| 2020-04-01 | 57 days | 2,188 sqft |
| 2020-05-01 | 52 days | 2,175 sqft |
| 2020-06-01 | 38 days | 2,127 sqft |
| 2020-07-01 | 34 days | 2,097 sqft |
| 2020-08-01 | 38 days | 2,153 sqft |
| 2020-09-01 | 37 days | 2,168 sqft |
| 2020-10-01 | 35 days | 2,183 sqft |
| 2020-11-01 | 44 days | 2,206 sqft |
| 2020-12-01 | 45 days | 2,144 sqft |
| 2021-01-01 | 47 days | 2,100 sqft |
| 2021-02-01 | 48 days | 2,131 sqft |
| 2021-03-01 | 26 days | 2,101 sqft |
| 2021-04-01 | 29 days | 2,181 sqft |
| 2021-05-01 | 27 days | 2,218 sqft |
| 2021-06-01 | 23 days | 2,189 sqft |
| 2021-07-01 | 23 days | 2,058 sqft |
| 2021-08-01 | 22 days | 2,049 sqft |
| 2021-09-01 | 24 days | 2,126 sqft |
| 2021-10-01 | 32 days | 2,184 sqft |
| 2021-11-01 | 33 days | 2,136 sqft |
| 2021-12-01 | 38 days | 2,121 sqft |
| 2022-01-01 | 45 days | 2,127 sqft |
| 2022-02-01 | 28 days | 2,107 sqft |
| 2022-03-01 | 15 days | 2,088 sqft |
| 2022-04-01 | 19 days | 2,040 sqft |
| 2022-05-01 | 17 days | 2,071 sqft |
| 2022-06-01 | 26 days | 2,092 sqft |
| 2022-07-01 | 25 days | 2,090 sqft |
| 2022-08-01 | 38 days | 2,134 sqft |
| 2022-09-01 | 44 days | 2,071 sqft |
| 2022-10-01 | 52 days | 2,143 sqft |
| 2022-11-01 | 58 days | 2,185 sqft |
| 2022-12-01 | 66 days | 2,201 sqft |
| 2023-01-01 | 75 days | 2,203 sqft |
| 2023-02-01 | 69 days | 2,200 sqft |
| 2023-03-01 | 48 days | 2,079 sqft |
| 2023-04-01 | 40 days | 2,199 sqft |
| 2023-05-01 | 38 days | 2,259 sqft |
| 2023-06-01 | 44 days | 2,253 sqft |
| 2023-07-01 | 29 days | 2,094 sqft |
| 2023-08-01 | 37 days | 2,186 sqft |
| 2023-09-01 | 42 days | 2,129 sqft |
| 2023-10-01 | 48 days | 2,045 sqft |
| 2023-11-01 | 53 days | 2,021 sqft |
| 2023-12-01 | 56 days | 1,935 sqft |
| 2024-01-01 | 65 days | 1,906 sqft |
| 2024-02-01 | 77 days | 1,945 sqft |
| 2024-03-01 | 58 days | 1,925 sqft |
| 2024-04-01 | 53 days | 1,953 sqft |
| 2024-05-01 | 46 days | 1,966 sqft |
| 2024-06-01 | 48 days | 1,932 sqft |
| 2024-07-01 | 49 days | 1,926 sqft |
| 2024-08-01 | 48 days | 1,981 sqft |
| 2024-09-01 | 48 days | 1,930 sqft |
| 2024-10-01 | 49 days | 1,913 sqft |
DECATUR's median listing age (time on market) for 2024-10-01 was 49 days.
This
is 2%
longer
than the same period one year ago.
DECATUR's median square footage for active listings during the 2024-10-01 period was 1,913 sqft. One year prior, the average listing was 2,045 sqft.
DECATUR's median square footage for active listings during the 2024-10-01 period was 1,913 sqft. One year prior, the average listing was 2,045 sqft.
DECATUR, AL Average Rent (2023)
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| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 35016 | Decatur, AL MSA | $690 | $740 | $850 | $1,100 | $1,190 |
| 35019 | Decatur, AL MSA | $650 | $680 | $830 | $1,080 | $1,200 |
| 35058 | Decatur, AL MSA | $630 | $660 | $810 | $1,060 | $1,170 |
| 35087 | Decatur, AL MSA | $740 | $770 | $940 | $1,230 | $1,360 |
| 35175 | Decatur, AL MSA | $590 | $610 | $750 | $980 | $1,090 |
| 35179 | Decatur, AL MSA | $670 | $700 | $860 | $1,120 | $1,250 |
| 35540 | Decatur, AL MSA | $580 | $610 | $740 | $970 | $1,070 |
| 35565 | Decatur, AL MSA | $610 | $640 | $780 | $1,020 | $1,130 |
| 35601 | Decatur, AL MSA | $630 | $660 | $810 | $1,060 | $1,170 |
| 35602 | Decatur, AL MSA | $630 | $660 | $810 | $1,060 | $1,170 |
| 35603 | Decatur, AL MSA | $650 | $680 | $830 | $1,080 | $1,200 |
| 35618 | Decatur, AL MSA | $580 | $610 | $740 | $970 | $1,070 |
| 35619 | Decatur, AL MSA | $620 | $650 | $790 | $1,030 | $1,140 |
| 35621 | Decatur, AL MSA | $780 | $820 | $1,000 | $1,310 | $1,450 |
| 35622 | Decatur, AL MSA | $710 | $750 | $910 | $1,190 | $1,320 |
| 35640 | Decatur, AL MSA | $640 | $670 | $820 | $1,070 | $1,190 |
| 35643 | Decatur, AL MSA | $580 | $610 | $740 | $970 | $1,070 |
| 35650 | Decatur, AL MSA | $580 | $610 | $740 | $970 | $1,070 |
| 35651 | Decatur, AL MSA | $700 | $730 | $890 | $1,160 | $1,290 |
| 35654 | Decatur, AL MSA | $520 | $560 | $740 | $910 | $1,140 |
| 35670 | Decatur, AL MSA | $630 | $660 | $800 | $1,040 | $1,160 |
| 35672 | Decatur, AL MSA | $580 | $610 | $740 | $960 | $1,070 |
| 35673 | Decatur, AL MSA | $580 | $610 | $740 | $970 | $1,070 |
| 35754 | Decatur, AL MSA | $580 | $610 | $740 | $970 | $1,070 |
| 35775 | Decatur, AL MSA | $790 | $880 | $1,050 | $1,380 | $1,590 |
2022 Average & Median Rent Data Statistics
DECATUR, AL average 1BR rent: $672, median: $660
DECATUR, AL average 2BR rent: $818, median: $810
DECATUR, AL average 3BR rent: $1,066, median: $1,060
DECATUR, AL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,730 | $376,240,000 | $217,480 |
| Cash Out Refi | 386 | $64,570,000 | $167,280 |
| Refi | 326 | $72,230,000 | $221,564 |
| Home Improvement | 286 | $23,030,000 | $80,524 |
| Other | 268 | $23,260,000 | $86,791 |
Decatur's most frequently cited loan purpose was Home Purchase, with 1,730 originations. The 2nd most popular reason was Cash Out Refi, with 386 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 897 | $196,095,000 | $218,612 |
| Over 8% | 849 | $76,765,000 | $90,418 |
| 7-8% | 545 | $110,755,000 | $203,220 |
| 5-6% | 465 | $105,485,000 | $226,849 |
| 4-5% | 45 | $11,475,000 | $255,000 |
| <2.5% | 26 | $8,720,000 | $335,385 |
| 3-4% | 23 | $3,425,000 | $148,913 |
| 2.5-3% | 2 | $420,000 | $210,000 |
During 2023, Decatur's most frequently originated rate bucket was 6-7%, with 897 originations.
Loan Sizing (DECATUR, AL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 988 | $146,770,000 | $148,553 |
| $100,000 or less | 937 | $52,495,000 | $56,025 |
| $200k-400k | 905 | $244,285,000 | $269,928 |
| $400k-600k | 130 | $60,980,000 | $469,077 |
| $600k-1000k | 31 | $21,895,000 | $706,290 |
| $Over $1MM | 5 | $32,905,000 | $6,581,000 |
DECATUR's loan sizing saw the bucket of loans from $100k-200k with 988 originations, totaling $146,770,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,252 | $292,670,000 | $233,762 |
| 60-80% | 576 | $147,200,000 | $255,556 |
| Under 20% | 359 | $14,685,000 | $40,905 |
| 20-40% | 341 | $28,365,000 | $83,182 |
| 40-60% | 250 | $40,070,000 | $160,280 |
| Over 100% | 52 | $13,660,000 | $262,692 |
DECATUR's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,252 originations, totaling $292,670,000 in origination value.