REDDING Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Redding averaged 6.66% for the week of 2024-03-21, compared to the national average of 6.87% for the same period.

The average rate for the prior week (2024-03-14) was 6.53% and one month ago for the week of 2024-02-15, the average rate was 6.96%.

Redding's average rate one year ago was 6.59%.

For refis of the same type during the week of 2024-03-21, the average rate was 7.4%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-03-21 6.87%
Redding 30 Year Fixed Rate 2024-03-21 6.66%
Redding 30 Year Fixed Rate Refi 2024-03-21 7.4%
Redding 15 Year Fixed Rate 2024-03-21 6.21%
Redding 15 Year Fixed Rate Refi 2024-03-21 6.61%
Redding 30 Year FHA 2024-03-21 6.64%
Redding 30 Year FHA Refi 2024-03-21 6.6%
Redding 30 Year USDA 2024-03-21 6.47%
Redding 30 Year USDA Refi 2024-03-21 6.67%
Redding 30 Year VA 2024-03-21 6.45%
Redding 30 Year VA Refi 2024-03-21 6.64%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within REDDING, CA.

REDDING 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 REDDING, CA 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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
AMERICAN PACIFIC MORTGAGE CORPORATION 111 6.85% $9,442
QUICKEN LOANS, LLC 96 6.82% $7,150
INFINITY EQUITY GROUP, INC. 68 7.03% $7,628
UNITED WHOLESALE MORTGAGE, LLC 48 6.70% $7,585
ON Q FINANCIAL, INC. 48 7.08% $7,855
PRIMELENDING, A PLAINSCAPITAL COMPANY 47 6.64% $10,473
Tri Counties Bank 38 6.47% $4,360
DHI MORTGAGE COMPANY, LTD. 34 5.85% $3,827
GUILD MORTGAGE COMPANY 34 6.70% $8,704
ACADEMY MORTGAGE CORPORATION 26 6.35% $11,221
SUMMIT FUNDING, INC. 26 6.84% $11,383
CROSSCOUNTRY MORTGAGE, LLC 25 7.16% $8,712
MEGASTAR FINANCIAL CORP. 22 5.80% $4,924
MOVEMENT MORTGAGE, LLC 20 6.64% $8,413
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 20 6.94% $8,396
Commerce Home Mortgage, Inc. 15 7.23% $8,872
AXIA FINANCIAL, LLC 14 6.86% $9,316
MORTGAGEONE, INC. 13 7.48% $7,873
U.S. Bank 11 6.75% $6,969
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 10 6.69% $9,072
JPMorgan Chase Bank 10 6.81% $5,802
Cornerstone First Mortgage, Inc 9 5.71% $11,165
Paramount Residential Mortgage Group, Inc. 9 6.79% $8,493
BROKER SOLUTIONS, INC. 8 7.50% $7,581
SOVEREIGN LENDING GROUP INCORPORATED 8 6.42% $4,284
Mr. Cooper ( Nationstar Mortgage ) 8 6.55% $7,700
LOANDEPOT.COM, LLC 7 6.75% $8,223
NEWREZ LLC 6 7.56% $9,512
Bank of America 6 6.31% $5,286
Wells Fargo Bank 6 6.79% $3,471
Umpqua Bank 6 7.06% $7,060
PROVIDENT FUNDING ASSOCIATES, L.P. 6 6.50% $4,085
Sierra Central Credit Union 5 6.23% $3,602
THE GOLDEN 1 5 6.75% $5,344
Banner Bank 5 6.28% $4,364
Evolve Bank & Trust 4 5.88% $4,483
The Loan Store, Inc. 4 7.00% $5,783
Sierra Pacific Mortgage Company, Inc. 4 6.31% $15,730
MEMBERS 1ST CREDIT UNION 4 6.60% $4,645
FREEDOM MORTGAGE CORPORATION 3 6.17% $14,539
LIBERTY HOME MORTGAGE CORPORATION 3 6.67% $6,304
ROYAL UNITED MORTGAGE LLC 3 6.88% $7,708
GUARANTEED RATE, INC. 3 6.19% $4,172
HOMEXPRESS MORTGAGE CORP. 3 9.17% $15,500
Mortgage Research Center, LLC 3 6.08% $4,392
CARDINAL FINANCIAL 3 6.71% $9,043
EVERETT FINANCIAL, INC. 3 7.17% $7,864
USAA Federal Savings Bank 3 6.42% $6,584
AMERISAVE MORTGAGE CORPORATION 3 6.54% $9,289
Flagstar Bank, FSB 3 7.74% $4,078
Stifel Bank and Trust 2 5.00% $3,098
AmeriHome Mortgage Company, LLC 2 6.31% $4,042
BMO Harris Bank 2 6.19% $5,130
CALIBER HOME LOANS, INC. 2 7.56% $6,264
CANOPY MORTGAGE, LLC 2 6.81% $9,569
Carrington Mortgage Services, LLC 2 6.44% $9,327
Century Mortgage Company DBA Century Lending Company 2 7.06% $3,819
CMG MORTGAGE, INC. 2 6.88% $6,449
Equity Prime Mortgage LLC 2 7.13% $7,635
LENDSURE MORTGAGE CORP. 2 8.50% $13,513
MASON MCDUFFIE MORTGAGE CORPORATION 2 7.50% $5,432
NAVY FEDERAL CREDIT UNION 2 6.44% $4,618
NexBank 2 7.88% $8,217
PACIFIC SERVICE 2 6.94% $3,215
PENNYMAC LOAN SERVICES, LLC 2 7.00% $11,189
SCHOOLSFIRST 2 6.50% $2,549
MOUNTAIN WEST FINANCIAL, INC. 1 7.50% $5,490
LADERA LENDING, INC. 1 6.99% $6,344
Kwik Mortgage Corporation 1 6.13% $3,116
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.50% $16,461
NATIONS DIRECT MORTGAGE, LLC 1 6.50% $6,381
AHL FUNDING 1 6.75% $6,641
NBKC BANK 1 6.75% $3,289
KINECTA 1 6.13% $8,889
NEW WAVE LENDING GROUP INC 1 9.00% $4,576
NEW WEST LENDING, INC. 1 7.50% $7,799
Vellum Mortgage, Inc. 1 8.00% $5,296
NEXERA HOLDING LLC 1 8.50% $24,007
Northwest Farm Credit Services, FLCA 1 7.35% $11,248
NOVA FINANCIAL & INVESTMENT CORPORATION 1 7.25% $3,363
KeyBank 1 6.88% $4,111
ORANGE COUNTY'S CREDIT UNION 1 6.88% $14,511
Waterstone Mortgage Corporation 1 7.25% $8,987
GUARANTEED RATE AFFINITY, LLC 1 6.98% $4,387
PATELCO 1 6.50% $1,870
A&D Mortgage LLC 1 10.25% $21,984
PENTAGON FEDERAL CREDIT UNION 1 5.00% $10,568
Pinnacle Bank 1 6.75% $2,558
PLAZA HOME MORTGAGE, INC. 1 6.88% $12,100
PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.63% $20,947
General Mortgage Capital Corporation 1 7.99% $14,940
Prosperity Home Mortgage, LLC 1 7.50% $9,690
First National Bank of America 1 10.75% $23,347
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 6.38% $7,756
RBC Bank, (Georgia) 1 6.00% $2,807
RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 5.63% $17,384
ENVOY MORTGAGE, LTD 1 6.75% $7,823
S1L, Inc. 1 6.50% $6,825
ZILLOW HOME LOANS, LLC 1 6.13% $11,737
SeaTrust Mortgage Company 1 7.63% $4,715
CITYWIDE HOME LOANS, LLC 1 6.38% $7,199
Citibank 1 7.13% $5,497
CHURCHILL MORTGAGE CORPORATION 1 7.88% $4,882
STAR ONE CREDIT UNION 1 5.88% $2,563
21ST MORTGAGE CORPORATION 1 8.65% $6,155
Chicago Mortgage Solutions LLC 1 6.13% $3,669
BETTER MORTGAGE CORPORATION 1 6.25% $7,066
Barrington Bank & Trust Company, N.A. 1 6.99% $4,341
TRAVIS CREDIT UNION 1 6.75% $4,378
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 8.63% $17,445
Truist 1 7.87% $5,144
AMERICAN FINANCING CORPORATION 1 6.63% $15,923
AMERICAN FINANCIAL NETWORK, INC. 1 7.13% $4,603
ALAMEDA MORTGAGE CORPORATION 1 6.38% $4,343
MID AMERICA MORTGAGE, INC. 1 6.50% $6,218
Morgan Stanley Private Bank 1 7.30% $3,721
Los Angeles Federal Credit Union 1 5.13% $2,319
LOANPAL, LLC 1 6.63% $12,843
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 6.63% $10,185

REDDING Average Closing Costs & Other Stats

REDDING, CA's 119 lenders originated 2,680 loans during 2023. The total origination value was $708,050,000, with an average loan value of $264,198.

REDDING's average closing costs are $5,868.

The top REDDING lender as defined by loan originations is AMERICAN PACIFIC MORTGAGE CORPORATION, with 111 loans originated. Their average total fees are $9,442, which is $2,292 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee REDDING lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($3,827), Tri Counties Bank ($4,360), MEGASTAR FINANCIAL CORP. ($4,924), JPMorgan Chase Bank ($5,802) and U.S. Bank ($6,969).

The lowest rate REDDING lenders (with over 10 loans originated) are MEGASTAR FINANCIAL CORP. (5.80%), DHI MORTGAGE COMPANY, LTD. (5.85%), ACADEMY MORTGAGE CORPORATION (6.35%), Tri Counties Bank (6.47%) and MOVEMENT MORTGAGE, LLC (6.64%).

REDDING, CA 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
Commerce Home Mortgage, Inc. $151,900,000 $68,430,000 -55.0% 9.7%
AMERICAN PACIFIC MORTGAGE CORPORATION $110,995,000 $55,040,000 -50.4% 7.8%
Tri Counties Bank $40,100,000 $45,285,000 12.9% 6.4%
QUICKEN LOANS, LLC $71,475,000 $43,505,000 -39.1% 6.1%
UNITED WHOLESALE MORTGAGE, LLC $50,075,000 $34,410,000 -31.3% 4.9%
ON Q FINANCIAL, INC. $30,280,000 n/a 4.3%
INFINITY EQUITY GROUP, INC. $51,590,000 $26,550,000 -48.5% 3.7%
PRIMELENDING, A PLAINSCAPITAL COMPANY $34,100,000 $24,680,000 -27.6% 3.5%
DHI MORTGAGE COMPANY, LTD. $4,180,000 $20,465,000 389.6% 2.9%
ACADEMY MORTGAGE CORPORATION $2,925,000 $15,830,000 441.2% 2.2%
GUILD MORTGAGE COMPANY $28,570,000 $15,400,000 -46.1% 2.2%
U.S. Bank $22,295,000 $14,405,000 -35.4% 2.0%
SUMMIT FUNDING, INC. $44,320,000 $14,055,000 -68.3% 2.0%
MOVEMENT MORTGAGE, LLC $14,215,000 $12,925,000 -9.1% 1.8%
CROSSCOUNTRY MORTGAGE, LLC $2,645,000 $12,815,000 384.5% 1.8%
MEGASTAR FINANCIAL CORP. $19,980,000 $10,275,000 -48.6% 1.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $12,350,000 $9,870,000 -20.1% 1.4%
MORTGAGEONE, INC. $9,660,000 n/a 1.4%
Banner Bank $5,845,000 $9,330,000 59.6% 1.3%
NORTHMARQ CAPITAL FINANCE, L.L.C. $9,035,000 n/a 1.3%
Mortgage Research Center, LLC $13,660,000 $8,930,000 -34.6% 1.3%
Umpqua Bank $12,600,000 $7,110,000 -43.6% 1.0%
NEWREZ LLC $10,445,000 $6,960,000 -33.4% 1.0%
AXIA FINANCIAL, LLC $6,750,000 $6,790,000 0.6% 1.0%
Paramount Residential Mortgage Group, Inc. $11,225,000 $6,775,000 -39.6% 1.0%
Bank of America $6,385,000 $6,185,000 -3.1% 0.9%
SAFE CREDIT UNION $660,000 $6,000,000 809.1% 0.8%
Cornerstone First Mortgage, Inc $3,880,000 $5,705,000 47.0% 0.8%
THE GOLDEN 1 $8,115,000 $5,405,000 -33.4% 0.8%
LOANDEPOT.COM, LLC $19,430,000 $5,230,000 -73.1% 0.7%
BROKER SOLUTIONS, INC. $5,865,000 $4,830,000 -17.6% 0.7%
PENNYMAC LOAN SERVICES, LLC $11,590,000 $4,660,000 -59.8% 0.7%
MEMBERS 1ST CREDIT UNION $5,505,000 $4,630,000 -15.9% 0.7%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $7,115,000 $4,380,000 -38.4% 0.6%
Sierra Central Credit Union $7,560,000 $3,795,000 -49.8% 0.5%
USAA Federal Savings Bank $4,845,000 $3,580,000 -26.1% 0.5%
NAVY FEDERAL CREDIT UNION $4,860,000 $3,525,000 -27.5% 0.5%
AmeriHome Mortgage Company, LLC $5,405,000 $3,455,000 -36.1% 0.5%
HOMEXPRESS MORTGAGE CORP. $1,295,000 $3,085,000 138.2% 0.4%
JPMorgan Chase Bank $11,900,000 $3,085,000 -74.1% 0.4%
FREEDOM MORTGAGE CORPORATION $12,815,000 $3,040,000 -76.3% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $17,350,000 $2,805,000 -83.8% 0.4%
Sierra Pacific Mortgage Company, Inc. $5,690,000 $2,795,000 -50.9% 0.4%
SOVEREIGN LENDING GROUP INCORPORATED $6,560,000 $2,765,000 -57.9% 0.4%
Wells Fargo Bank $25,645,000 $2,745,000 -89.3% 0.4%
AMERISAVE MORTGAGE CORPORATION $6,380,000 $2,735,000 -57.1% 0.4%
Flagstar Bank, FSB $15,795,000 $2,625,000 -83.4% 0.4%
Equity Prime Mortgage LLC $1,195,000 $2,530,000 111.7% 0.4%
21ST MORTGAGE CORPORATION $1,700,000 $2,305,000 35.6% 0.3%
The Loan Store, Inc. $2,125,000 n/a 0.3%
Evolve Bank & Trust $645,000 $2,110,000 227.1% 0.3%
GUARANTEED RATE, INC. $1,670,000 $2,045,000 22.5% 0.3%
PROVIDENT FUNDING ASSOCIATES, L.P. $5,605,000 $2,020,000 -64.0% 0.3%
PACIFIC SERVICE $1,730,000 $1,905,000 10.1% 0.3%
BMO Harris Bank $1,660,000 $1,890,000 13.9% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $2,785,000 $1,835,000 -34.1% 0.3%
PLANET HOME LENDING, LLC $385,000 $1,670,000 333.8% 0.2%
Century Mortgage Company DBA Century Lending Company $2,170,000 $1,525,000 -29.7% 0.2%
AMWEST FUNDING CORP. $165,000 $1,515,000 818.2% 0.2%
LENDINGHOME FUNDING CORPORATION $1,365,000 $1,445,000 5.9% 0.2%
Figure Lending LLC $1,540,000 $1,440,000 -6.5% 0.2%
CMG MORTGAGE, INC. $1,970,000 $1,395,000 -29.2% 0.2%
FINANCE OF AMERICA REVERSE LLC $2,340,000 $1,360,000 -41.9% 0.2%
MID AMERICA MORTGAGE, INC. $1,330,000 $1,355,000 1.9% 0.2%
Logan Finance Corporation $1,160,000 n/a 0.2%
PREMIER MORTGAGE RESOURCES, L.L.C. $1,070,000 $1,155,000 7.9% 0.2%
Discover Bank $880,000 $1,125,000 27.8% 0.2%
LOANPAL, LLC $2,550,000 $1,090,000 -57.3% 0.2%
EVERETT FINANCIAL, INC. $765,000 $1,080,000 41.2% 0.2%
CARDINAL FINANCIAL $2,810,000 $1,030,000 -63.3% 0.1%
LENDSURE MORTGAGE CORP. $1,635,000 $1,020,000 -37.6% 0.1%
Stifel Bank and Trust $3,775,000 $1,010,000 -73.2% 0.1%
Carrington Mortgage Services, LLC $3,385,000 $990,000 -70.8% 0.1%
ADVANCIAL $985,000 n/a 0.1%
Truist $985,000 n/a 0.1%
Plains Commerce Bank $580,000 $940,000 62.1% 0.1%
CALCON MUTUAL MORTGAGE LLC $960,000 $935,000 -2.6% 0.1%
NEXERA HOLDING LLC $1,240,000 $930,000 -25.0% 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $1,125,000 $895,000 -20.4% 0.1%
NBKC BANK $740,000 $855,000 15.5% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,060,000 $850,000 -19.8% 0.1%
PLAZA HOME MORTGAGE, INC. $2,030,000 $850,000 -58.1% 0.1%
USAlliance Federal Credit Union $845,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $805,000 n/a 0.1%
Mechanics Bank $2,180,000 $805,000 -63.1% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $785,000 n/a 0.1%
PATELCO $730,000 $780,000 6.8% 0.1%
RBC Bank, (Georgia) $225,000 $765,000 240.0% 0.1%
CANOPY MORTGAGE, LLC $760,000 n/a 0.1%
A&D Mortgage LLC $205,000 $745,000 263.4% 0.1%
TRAVIS CREDIT UNION $905,000 $740,000 -18.2% 0.1%
American Mortgage & Equity Consultants, Inc. $725,000 n/a 0.1%
LIBERTY HOME MORTGAGE CORPORATION $725,000 n/a 0.1%
Vellum Mortgage, Inc. $720,000 n/a 0.1%
SCHOOLSFIRST $1,485,000 $710,000 -52.2% 0.1%
TRIAD FINANCIAL SERVICES, INC. $990,000 $710,000 -28.3% 0.1%
ALAMEDA MORTGAGE CORPORATION $700,000 n/a 0.1%
MASON MCDUFFIE MORTGAGE CORPORATION $1,230,000 $675,000 -45.1% 0.1%
Prosperity Home Mortgage, LLC $675,000 n/a 0.1%
Third Federal Savings and Loan Association of Cleveland $1,010,000 $670,000 -33.7% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $1,275,000 $660,000 -48.2% 0.1%
CLEARPATH LENDING $1,220,000 $640,000 -47.5% 0.1%
Northwest Farm Credit Services, FLCA $1,130,000 $635,000 -43.8% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $615,000 $625,000 1.6% 0.1%
First City Credit Union $625,000 n/a 0.1%
RESIDENTIAL WHOLESALE MORTGAGE, INC. $625,000 n/a 0.1%
Magnolia Bank $2,445,000 $620,000 -74.6% 0.1%
Merchants Mortgage & Trust Corporation $380,000 $620,000 63.2% 0.1%
Coastal Community Bank $615,000 n/a 0.1%
First National Bank of America $605,000 n/a 0.1%
NEW DAY FINANCIAL, LLC $3,825,000 $595,000 -84.4% 0.1%
PNC Bank $3,355,000 $585,000 -82.6% 0.1%
ROYAL UNITED MORTGAGE LLC $580,000 n/a 0.1%
MOUNTAIN WEST FINANCIAL, INC. $565,000 n/a 0.1%
LAND HOME FINANCIAL SERVICES, INC. $895,000 $555,000 -38.0% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $1,360,000 $550,000 -59.6% 0.1%
ZILLOW HOME LOANS, LLC $520,000 $540,000 3.8% 0.1%
CALIBER HOME LOANS, INC. $11,805,000 $530,000 -95.5% 0.1%
VILLAGE CAPITAL MORTGAGE $500,000 $530,000 6.0% 0.1%
KeyBank $1,755,000 $485,000 -72.4% 0.1%
ORANGE COUNTY'S CREDIT UNION $475,000 n/a 0.1%
University Bank $475,000 n/a 0.1%
NexBank $455,000 $460,000 1.1% 0.1%
MLD MORTGAGE INC. $425,000 n/a 0.1%
AMERICAN FINANCING CORPORATION $1,760,000 $415,000 -76.4% 0.1%
CITY FIRST MORTGAGE SERVICES, L.L.C. $405,000 n/a 0.1%
GEORGIA'S OWN $300,000 $405,000 35.0% 0.1%
Los Angeles Federal Credit Union $405,000 n/a 0.1%
NATIONS DIRECT MORTGAGE, LLC $2,940,000 $405,000 -86.2% 0.1%
SPRING EQ, LLC $3,130,000 $390,000 -87.5% 0.1%
AMERICAN HERITAGE LENDING, INC. $380,000 n/a 0.1%
BETTER MORTGAGE CORPORATION $3,000,000 $380,000 -87.3% 0.1%
Barrington Bank & Trust Company, N.A. $1,200,000 $375,000 -68.8% 0.1%
UNITED $375,000 n/a 0.1%
ALLIANT CREDIT UNION $940,000 $370,000 -60.6% 0.1%
EVERGREEN MONEYSOURCE MORTGAGE COMPANY $830,000 $355,000 -57.2% 0.1%
OPEN MORTGAGE, LLC $1,615,000 $350,000 -78.3% 0.0%
PENTAGON FEDERAL CREDIT UNION $980,000 $345,000 -64.8% 0.0%
STAR ONE CREDIT UNION $670,000 $345,000 -48.5% 0.0%
Chicago Mortgage Solutions LLC $620,000 $335,000 -46.0% 0.0%
S1L, Inc. $2,840,000 $335,000 -88.2% 0.0%
Farmers & Merchants Bank of Central California $325,000 n/a 0.0%
General Mortgage Capital Corporation $325,000 n/a 0.0%
Kwik Mortgage Corporation $325,000 n/a 0.0%
Pinnacle Bank $325,000 n/a 0.0%
Franklin Loan Corporation $295,000 n/a 0.0%
Industrial and Commercial Bank of China USA $295,000 n/a 0.0%
REDWOOD $195,000 $290,000 48.7% 0.0%
Ameris Bank $285,000 n/a 0.0%
NEW WAVE LENDING GROUP INC $710,000 $285,000 -59.9% 0.0%
Charles Schwab Bank, SSB $275,000 n/a 0.0%
GUARANTEED RATE AFFINITY, LLC $1,345,000 $275,000 -79.6% 0.0%
OCMBC, INC. $1,345,000 $270,000 -79.9% 0.0%
PHH Mortgage Corporation $2,555,000 $265,000 -89.6% 0.0%
Secured Investment Corp. $255,000 $265,000 3.9% 0.0%
ALLIED MORTGAGE GROUP, INC. $255,000 n/a 0.0%
KINECTA $990,000 $255,000 -74.2% 0.0%
Morgan Stanley Private Bank $1,255,000 $255,000 -79.7% 0.0%
VERITAS FUNDING, LLC $255,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $1,445,000 $250,000 -82.7% 0.0%
LADERA LENDING, INC. $175,000 $245,000 40.0% 0.0%
NEW WEST LENDING, INC. $245,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $450,000 $240,000 -46.7% 0.0%
GTE Federal Credit Union $155,000 $235,000 51.6% 0.0%
KS StateBank $235,000 n/a 0.0%
LAKEVIEW LOAN SERVICING, LLC $4,735,000 $235,000 -95.0% 0.0%
VAL-CHRIS INVESTMENTS, INC. $230,000 n/a 0.0%
CITYWIDE HOME LOANS, LLC $225,000 n/a 0.0%
LOS ANGELES POLICE Federal Credit Union $225,000 n/a 0.0%
Waterstone Mortgage Corporation $225,000 n/a 0.0%
Citibank $44,245,000 $215,000 -99.5% 0.0%
Exchange Bank $4,790,000 $215,000 -95.5% 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $405,000 $215,000 -46.9% 0.0%
Peoples Bank $205,000 n/a 0.0%
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $200,000 n/a 0.0%
HomeTrust Bank $540,000 $190,000 -64.8% 0.0%
AHL FUNDING $355,000 $185,000 -47.9% 0.0%
ENVOY MORTGAGE, LTD $195,000 $185,000 -5.1% 0.0%
LANTZMAN MANAGEMENT, INC. $165,000 n/a 0.0%
MERIWEST $155,000 n/a 0.0%
ROGUE $155,000 n/a 0.0%
HighTechLending Inc $165,000 $145,000 -12.1% 0.0%
Residential Mortgage Solutions, Inc. $145,000 n/a 0.0%
Mortgage Vintage, Inc. $115,000 n/a 0.0%
THE POLICE Credit Union $185,000 $110,000 -40.5% 0.0%
F&A Federal Credit Union $435,000 $105,000 -75.9% 0.0%
SeaTrust Mortgage Company $105,000 n/a 0.0%
TOWER $105,000 n/a 0.0%
NOVA FINANCIAL & INVESTMENT CORPORATION $400,000 $95,000 -76.3% 0.0%
THRIVENT Federal Credit Union $75,000 n/a 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $75,000 n/a 0.0%
COMMUNITY FIRST CREDIT UNION $65,000 n/a 0.0%
Financial Partners Credit Union $115,000 $65,000 -43.5% 0.0%
Service Federal Credit Union $65,000 n/a 0.0%
UNIVERSITY CREDIT UNION $1,040,000 $65,000 -93.8% 0.0%
Bank of the West $605,000 $55,000 -90.9% 0.0%
Fremont Bank $1,160,000 $55,000 -95.3% 0.0%
GREAT LAKES $210,000 $55,000 -73.8% 0.0%
PremierOne Credit Union $55,000 n/a 0.0%
Operating Engineers Local Union #3 $1,720,000 $45,000 -97.4% 0.0%
WESCOM CENTRAL CREDIT UNION $480,000 $45,000 -90.6% 0.0%
FIRST TECHNOLOGY $635,000 $35,000 -94.5% 0.0%
ALL IN $45,000 $25,000 -44.4% 0.0%
UNCLE Credit Union $105,000 $25,000 -76.2% 0.0%

REDDING's top lender by overall market share is Commerce Home Mortgage, Inc., with 9.7% market share. In second place, with 7.8%, is AMERICAN PACIFIC MORTGAGE CORPORATION, having originated $55,040,000 in loans. In third place, with 6.4%, is Tri Counties Bank, having originated $45,285,000 in loans. In fourth place, with 6.1%, is QUICKEN LOANS, LLC, having originated $43,505,000 in loans. In fifth place, with 4.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $34,410,000 in loans.


REDDING Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - REDDING (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 $321,500 (8.6%) $403,848 (2.8%) 1.19 601
2018-02-01 $329,225 (9.8%) $401,777 (0.8%) 1.20 625
2018-03-01 $329,900 (3.0%) $408,033 (0.2%) 1.16 670
2018-04-01 $329,000 (-0.3%) $402,410 (-4.4%) 1.12 724
2018-05-01 $329,975 (3.5%) $413,520 (5.1%) 1.10 786
2018-06-01 $327,500 (3.2%) $405,212 (4.1%) 1.09 844
2018-07-01 $317,000 (1.2%) $382,582 (-0.2%) 1.06 871
2018-08-01 $312,425 (1.1%) $383,511 (-0.3%) 1.05 764
2018-09-01 $324,650 (1.8%) $395,132 (0.5%) 1.09 763
2018-10-01 $325,125 (1.8%) $400,445 (2.8%) 1.10 775
2018-11-01 $332,200 (4.8%) $416,371 (5.5%) 1.13 743
2018-12-01 $329,450 (3.5%) $421,437 (5.0%) 1.14 713
2019-01-01 $333,350 (3.7%) $430,589 (6.6%) 1.15 662
2019-02-01 $327,000 (-0.7%) $430,424 (7.1%) 1.10 659
2019-03-01 $324,943 (-1.5%) $431,372 (5.7%) 1.06 650
2019-04-01 $327,450 (-0.5%) $436,114 (8.4%) 1.04 641
2019-05-01 $339,950 (3.0%) $435,776 (5.4%) 1.06 724
2019-06-01 $339,900 (3.8%) $434,063 (7.1%) 1.06 803
2019-07-01 $333,575 (5.2%) $422,672 (10.5%) 1.04 793
2019-08-01 $331,636 (6.2%) $424,062 (10.6%) 1.05 780
2019-09-01 $330,716 (1.9%) $426,752 (8.0%) 1.06 781
2019-10-01 $332,852 (2.4%) $428,546 (7.0%) 1.07 774
2019-11-01 $339,000 (2.1%) $440,275 (5.7%) 1.11 708
2019-12-01 $336,950 (2.3%) $445,673 (5.8%) 1.12 614
2020-01-01 $347,850 (4.4%) $457,451 (6.2%) 1.16 558
2020-02-01 $342,450 (4.7%) $458,946 (6.6%) 1.12 541
2020-03-01 $357,225 (9.9%) $466,025 (8.0%) 1.12 558
2020-04-01 $362,900 (10.8%) $466,691 (7.0%) 1.14 597
2020-05-01 $379,900 (11.8%) $470,186 (7.9%) 1.15 592
2020-06-01 $394,450 (16.1%) $486,358 (12.1%) 1.16 556
2020-07-01 $400,575 (20.1%) $510,485 (20.8%) 1.16 467
2020-08-01 $399,000 (20.3%) $558,104 (31.6%) 1.14 415
2020-09-01 $398,450 (20.5%) $586,929 (37.5%) 1.14 415
2020-10-01 $398,750 (19.8%) $565,627 (32.0%) 1.14 457
2020-11-01 $399,000 (17.7%) $573,846 (30.3%) 1.17 451
2020-12-01 $414,500 (23.0%) $589,681 (32.3%) 1.23 387
2021-01-01 $427,000 (22.8%) $614,662 (34.4%) 1.27 316
2021-02-01 $431,000 (25.9%) $630,215 (37.3%) 1.25 293
2021-03-01 $426,500 (19.4%) $618,482 (32.7%) 1.21 301
2021-04-01 $427,475 (17.8%) $649,269 (39.1%) 1.16 279
2021-05-01 $449,900 (18.4%) $714,972 (52.1%) 1.20 309
2021-06-01 $456,225 (15.7%) $700,595 (44.1%) 1.20 347
2021-07-01 $425,000 (6.1%) $651,532 (27.6%) 1.12 394
2021-08-01 $432,000 (8.3%) $634,507 (13.7%) 1.15 427
2021-09-01 $439,450 (10.3%) $639,153 (8.9%) 1.17 438
2021-10-01 $442,750 (11.0%) $604,308 (6.8%) 1.18 442
2021-11-01 $438,500 (9.9%) $603,113 (5.1%) 1.17 431
2021-12-01 $438,500 (5.8%) $598,196 (1.4%) 1.19 376
2022-01-01 $459,900 (7.7%) $618,810 (0.7%) 1.24 310
2022-02-01 $479,950 (11.4%) $643,092 (2.0%) 1.25 307
2022-03-01 $489,000 (14.7%) $675,283 (9.2%) 1.22 338
2022-04-01 $475,000 (11.1%) $686,254 (5.7%) 1.13 374
2022-05-01 $472,200 (5.0%) $647,622 (-9.4%) 1.08 411
2022-06-01 $472,000 (3.5%) $631,175 (-9.9%) 1.05 450
2022-07-01 $430,000 (1.2%) $593,154 (-9.0%) 0.97 524
2022-08-01 $439,000 (1.6%) $605,928 (-4.5%) 1.01 533
2022-09-01 $439,125 (-0.1%) $611,198 (-4.4%) 1.03 539
2022-10-01 $424,900 (-4.0%) $587,739 (-2.7%) 1.00 538
2022-11-01 $413,200 (-5.8%) $586,823 (-2.7%) 0.99 513
2022-12-01 $418,000 (-4.7%) $595,172 (-0.5%) 1.03 434
2023-01-01 $409,200 (-11.0%) $592,585 (-4.2%) 1.01 395
2023-02-01 $425,000 (-11.5%) $605,604 (-5.8%) 1.03 368
2023-03-01 $439,825 (-10.1%) $615,764 (-8.8%) 1.04 352
2023-04-01 $445,000 (-6.3%) $622,366 (-9.3%) 1.03 350
2023-05-01 $446,248 (-5.5%) $602,037 (-7.0%) 1.01 401
2023-06-01 $450,000 (-4.7%) $652,583 (3.4%) 1.01 435
2023-07-01 $455,000 (5.8%) $622,625 (5.0%) 1.03 484
2023-08-01 $457,150 (4.1%) $649,948 (7.3%) 1.05 511
2023-09-01 $448,800 (2.2%) $642,268 (5.1%) 1.04 508
2023-10-01 $431,498 (1.6%) $632,177 (7.6%) 1.02 491
2023-11-01 $429,900 (4.0%) $634,743 (8.2%) 1.02 462
2023-12-01 $437,738 (4.7%) $648,623 (9.0%) 1.07 414
2024-01-01 $432,200 (5.6%) $666,679 (12.5%) 1.06 365
2024-02-01 $439,000 (3.3%) $681,131 (12.5%) 1.06 346
REDDING's median listing price for 2024-02-01 was $439,000, a difference of $14,000 (3.3%) versus the prior year and $6,800 versus the prior month.

REDDING's median listing price comes in at 106% of the national average.

REDDING's average listing price for 2024-02-01 was $681,131, a difference of $75,527 (12.5%) versus the prior year and $14,452 versus the prior month.

For the 2024-02-01 period, REDDING had 346 MLS listings, a difference of -19 listings (-5%) versus the prior month and -22 listings (-6%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - REDDING (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 81 days 1,801 sqft
2018-02-01 63 days 1,802 sqft
2018-03-01 52 days 1,827 sqft
2018-04-01 53 days 1,814 sqft
2018-05-01 47 days 1,830 sqft
2018-06-01 51 days 1,818 sqft
2018-07-01 58 days 1,774 sqft
2018-08-01 61 days 1,754 sqft
2018-09-01 60 days 1,785 sqft
2018-10-01 61 days 1,809 sqft
2018-11-01 62 days 1,830 sqft
2018-12-01 72 days 1,827 sqft
2019-01-01 76 days 1,836 sqft
2019-02-01 72 days 1,841 sqft
2019-03-01 61 days 1,827 sqft
2019-04-01 44 days 1,819 sqft
2019-05-01 39 days 1,844 sqft
2019-06-01 45 days 1,810 sqft
2019-07-01 56 days 1,782 sqft
2019-08-01 59 days 1,792 sqft
2019-09-01 59 days 1,805 sqft
2019-10-01 62 days 1,828 sqft
2019-11-01 65 days 1,840 sqft
2019-12-01 79 days 1,819 sqft
2020-01-01 84 days 1,832 sqft
2020-02-01 60 days 1,819 sqft
2020-03-01 46 days 1,882 sqft
2020-04-01 49 days 1,895 sqft
2020-05-01 49 days 1,924 sqft
2020-06-01 52 days 1,978 sqft
2020-07-01 61 days 1,978 sqft
2020-08-01 52 days 1,908 sqft
2020-09-01 38 days 1,904 sqft
2020-10-01 40 days 1,899 sqft
2020-11-01 46 days 1,897 sqft
2020-12-01 61 days 1,919 sqft
2021-01-01 70 days 1,940 sqft
2021-02-01 33 days 1,901 sqft
2021-03-01 30 days 1,901 sqft
2021-04-01 25 days 1,862 sqft
2021-05-01 21 days 1,906 sqft
2021-06-01 28 days 1,952 sqft
2021-07-01 29 days 1,868 sqft
2021-08-01 36 days 1,865 sqft
2021-09-01 42 days 1,883 sqft
2021-10-01 39 days 1,888 sqft
2021-11-01 41 days 1,854 sqft
2021-12-01 48 days 1,841 sqft
2022-01-01 58 days 1,830 sqft
2022-02-01 36 days 1,839 sqft
2022-03-01 28 days 1,861 sqft
2022-04-01 29 days 1,845 sqft
2022-05-01 35 days 1,828 sqft
2022-06-01 35 days 1,820 sqft
2022-07-01 37 days 1,747 sqft
2022-08-01 50 days 1,761 sqft
2022-09-01 50 days 1,774 sqft
2022-10-01 52 days 1,736 sqft
2022-11-01 63 days 1,736 sqft
2022-12-01 72 days 1,736 sqft
2023-01-01 81 days 1,736 sqft
2023-02-01 71 days 1,736 sqft
2023-03-01 60 days 1,779 sqft
2023-04-01 43 days 1,799 sqft
2023-05-01 36 days 1,753 sqft
2023-06-01 40 days 1,800 sqft
2023-07-01 43 days 1,824 sqft
2023-08-01 50 days 1,856 sqft
2023-09-01 51 days 1,800 sqft
2023-10-01 57 days 1,775 sqft
2023-11-01 65 days 1,780 sqft
2023-12-01 74 days 1,799 sqft
2024-01-01 71 days 1,790 sqft
2024-02-01 54 days 1,781 sqft
REDDING's median listing age (time on market) for 2024-02-01 was 54 days. This is -25% shorter than the same period one year ago.

REDDING's median square footage for active listings during the 2024-02-01 period was 1,781 sqft. One year prior, the average listing was 1,736 sqft.

REDDING, CA Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
96001 Redding, CA MSA $910 $1,030 $1,360 $1,930 $2,320
96002 Redding, CA MSA $850 $960 $1,270 $1,800 $2,160
96003 Redding, CA MSA $1,020 $1,150 $1,520 $2,160 $2,590
96007 Redding, CA MSA $830 $940 $1,240 $1,760 $2,110
96008 Redding, CA MSA $820 $930 $1,220 $1,730 $2,080
96011 Redding, CA MSA $770 $870 $1,150 $1,630 $1,960
96013 Redding, CA MSA $760 $860 $1,130 $1,610 $1,940
96016 Redding, CA MSA $900 $1,020 $1,340 $1,900 $2,280
96017 Redding, CA MSA $770 $870 $1,150 $1,630 $1,960
96019 Redding, CA MSA $940 $1,060 $1,400 $1,990 $2,380
96022 Redding, CA MSA $820 $930 $1,230 $1,750 $2,100
96025 Redding, CA MSA $760 $860 $1,130 $1,610 $1,940
96028 Redding, CA MSA $900 $1,020 $1,340 $1,900 $2,280
96033 Redding, CA MSA $840 $960 $1,260 $1,790 $2,150
96040 Redding, CA MSA $900 $1,020 $1,340 $1,900 $2,280
96047 Redding, CA MSA $950 $1,070 $1,420 $2,010 $2,410
96049 Redding, CA MSA $900 $1,020 $1,340 $1,900 $2,280
96051 Redding, CA MSA $860 $970 $1,280 $1,820 $2,180
96056 Redding, CA MSA $760 $860 $1,130 $1,610 $1,940
96059 Redding, CA MSA $760 $860 $1,130 $1,610 $1,940
96062 Redding, CA MSA $940 $1,060 $1,400 $1,990 $2,380
96065 Redding, CA MSA $760 $860 $1,130 $1,610 $1,940
96069 Redding, CA MSA $880 $1,000 $1,320 $1,880 $2,250
96071 Redding, CA MSA $900 $1,020 $1,340 $1,900 $2,280
96073 Redding, CA MSA $1,340 $1,530 $2,010 $2,860 $3,420
96075 Redding, CA MSA $900 $1,020 $1,340 $1,900 $2,280
96076 Redding, CA MSA $900 $1,020 $1,340 $1,900 $2,280
96084 Redding, CA MSA $790 $900 $1,180 $1,680 $2,010
96087 Redding, CA MSA $1,330 $1,510 $1,990 $2,830 $3,390
96088 Redding, CA MSA $1,120 $1,270 $1,670 $2,370 $2,840
96089 Redding, CA MSA $900 $1,020 $1,340 $1,900 $2,280
96095 Redding, CA MSA $900 $1,020 $1,340 $1,900 $2,280
96096 Redding, CA MSA $760 $860 $1,130 $1,610 $1,940
96099 Redding, CA MSA $900 $1,020 $1,340 $1,900 $2,280

2022 Average & Median Rent Data Statistics
REDDING, CA average 1BR rent: $1,011, median: $1,020
REDDING, CA average 2BR rent: $1,331, median: $1,340
REDDING, CA average 3BR rent: $1,890, median: $1,900

REDDING, CA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,681 $544,885,000 $324,143
Cash Out Refi 334 $71,520,000 $214,132
Home Improvement 233 $21,045,000 $90,322
Other 225 $25,405,000 $112,911
Refi 206 $45,030,000 $218,592
NA 1 $165,000 $165,000

Redding's most frequently cited loan purpose was Home Purchase, with 1,681 originations. The 2nd most popular reason was Cash Out Refi, with 334 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 912 $295,200,000 $323,684
7-8% 672 $188,480,000 $280,476
Over 8% 583 $77,025,000 $132,118
5-6% 347 $115,965,000 $334,193
<2.5% 102 $3,520,000 $34,510
4-5% 37 $11,995,000 $324,189
3-4% 6 $10,210,000 $1,701,667
2.5-3% 2 $800,000 $400,000

During 2023, Redding's most frequently originated rate bucket was 6-7%, with 912 originations.

Loan Sizing (REDDING, CA MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 1,182 $347,720,000 $294,179
$100,000 or less 616 $30,030,000 $48,750
$100k-200k 448 $65,620,000 $146,473
$400k-600k 339 $158,775,000 $468,363
$600k-1000k 83 $58,465,000 $704,398
$Over $1MM 12 $47,440,000 $3,953,333

REDDING's loan sizing saw the bucket of loans from $200k-400k with 1,182 originations, totaling $347,720,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,081 $374,575,000 $346,508
Under 20% 498 $23,550,000 $47,289
60-80% 469 $174,775,000 $372,655
20-40% 302 $47,880,000 $158,543
40-60% 251 $66,235,000 $263,884
Over 100% 30 $11,800,000 $393,333

REDDING's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,081 originations, totaling $374,575,000 in origination value.