SOUTH BEND - MISHAWAKA Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in South Bend - Mishawaka averaged
7.07%
for the week of 2024-04-18, compared to the national average of
7.1% for the same period.
The average rate for the prior week (2024-04-11) was
7.05% and
one month ago for the week of 2024-03-14, the
average rate was 6.71%.
South Bend - Mishawaka's average rate one year ago was 6.44%.
For refis of the same type during the week of 2024-04-18, the average rate
was 7.37%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-04-18 | 7.1% |
| South Bend - Mishawaka 30 Year Fixed Rate | 2024-04-18 | 7.07% |
| South Bend - Mishawaka 30 Year Fixed Rate Refi | 2024-04-18 | 7.37% |
| South Bend - Mishawaka 15 Year Fixed Rate | 2024-04-18 | 6.89% |
| South Bend - Mishawaka 15 Year Fixed Rate Refi | 2024-04-18 | 6.69% |
| South Bend - Mishawaka 30 Year FHA | 2024-04-18 | 7.07% |
| South Bend - Mishawaka 30 Year FHA Refi | 2024-04-18 | 6.96% |
| South Bend - Mishawaka 30 Year USDA | 2024-04-18 | 6.66% |
| South Bend - Mishawaka 30 Year USDA Refi | 2024-04-18 | 6.76% |
| South Bend - Mishawaka 30 Year VA | 2024-04-18 | 6.83% |
| South Bend - Mishawaka 30 Year VA Refi | 2024-04-18 | 6.56% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SOUTH BEND-MISHAWAKA, IN-MI.
SOUTH BEND - MISHAWAKA 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 SOUTH BEND-MISHAWAKA, IN-MI 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.).
SOUTH BEND - MISHAWAKA Average Closing Costs & Other Stats
SOUTH BEND-MISHAWAKA, IN-MI's 182 lenders originated 7,045
loans during 2023. The total origination value was $1,273,555,000, with an average loan value of
$180,774.
SOUTH BEND - MISHAWAKA's average closing costs are $3,696.
The top SOUTH BEND - MISHAWAKA lender as defined by loan originations is HALLMARK HOME MORTGAGE, LLC, with
232 loans originated. Their average total fees are
$4,903, which is $1,380
higher than the next largest lender,
Notre Dame Federal Credit Union Corporation.
The lowest fee SOUTH BEND - MISHAWAKA lenders (with over 10 loans originated) are
Centier Bank ($1,727), INOVA FEDERAL CREDIT UNION ($1,924), INTERRA CREDIT UNION ($2,285), Horizon Bank ($2,510) and TEACHERS CREDIT UNION ($2,692).
The lowest rate SOUTH BEND - MISHAWAKA lenders (with over 10 loans originated) are
INTERRA CREDIT UNION (6.52%), Wells Fargo Bank (6.59%), INOVA FEDERAL CREDIT UNION (6.60%), PNC Bank (6.65%) and KeyBank (6.65%).
SOUTH BEND-MISHAWAKA, IN-MI 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 |
|---|---|---|---|---|
| Notre Dame Federal Credit Union Corporation | $157,870,000 | $117,575,000 | -25.5% | 9.2% |
| 1st Source Bank | $123,100,000 | $85,325,000 | -30.7% | 6.7% |
| TEACHERS CREDIT UNION | $106,395,000 | $66,880,000 | -37.1% | 5.3% |
| HALLMARK HOME MORTGAGE, LLC | $78,365,000 | $65,925,000 | -15.9% | 5.2% |
| RUOFF MORTGAGE COMPANY, INC. | $95,590,000 | $63,530,000 | -33.5% | 5.0% |
| Merchants Bank of Indiana | $16,805,000 | $60,855,000 | 262.1% | 4.8% |
| QUICKEN LOANS, LLC | $72,990,000 | $56,555,000 | -22.5% | 4.4% |
| CARDINAL FINANCIAL | $60,040,000 | $53,395,000 | -11.1% | 4.2% |
| First Federal Savings Bank | $90,870,000 | $45,545,000 | -49.9% | 3.6% |
| Old National Bank | $35,755,000 | $36,990,000 | 3.5% | 2.9% |
| UNITED WHOLESALE MORTGAGE, LLC | $30,775,000 | $34,770,000 | 13.0% | 2.7% |
| COREVEST AMERICAN FINANCE LENDER LLC | $22,650,000 | $25,990,000 | 14.7% | 2.0% |
| Morton Community Bank | $125,000 | $24,205,000 | 19,264.0% | 1.9% |
| UNITED | $30,055,000 | $23,775,000 | -20.9% | 1.9% |
| JPMorgan Chase Bank | $35,780,000 | $23,650,000 | -33.9% | 1.9% |
| Centier Bank | $15,015,000 | $22,115,000 | 47.3% | 1.7% |
| Horizon Bank | $29,135,000 | $18,275,000 | -37.3% | 1.4% |
| Mortgage Research Center, LLC | $15,675,000 | $17,450,000 | 11.3% | 1.4% |
| PNC Bank | $20,445,000 | $16,920,000 | -17.2% | 1.3% |
| Honor Credit Union | $17,840,000 | $16,635,000 | -6.8% | 1.3% |
| The Huntington National Bank | $22,480,000 | $14,220,000 | -36.7% | 1.1% |
| INOVA FEDERAL CREDIT UNION | $18,125,000 | $13,975,000 | -22.9% | 1.1% |
| CBRE MULTIFAMILY CAPITAL, INC. | $13,765,000 | n/a | 1.1% | |
| Fifth Third Bank | $14,835,000 | $13,765,000 | -7.2% | 1.1% |
| Regions Bank | $290,000 | $12,660,000 | 4,265.5% | 1.0% |
| CHURCHILL MORTGAGE CORPORATION | $4,345,000 | $12,170,000 | 180.1% | 1.0% |
| Lake City Bank | $37,260,000 | $11,365,000 | -69.5% | 0.9% |
| GUARANTEED RATE, INC. | $18,475,000 | $10,180,000 | -44.9% | 0.8% |
| Circle Federal Credit Union | $37,905,000 | $10,030,000 | -73.5% | 0.8% |
| Northwest Bank | $19,070,000 | $9,965,000 | -47.7% | 0.8% |
| LOANDEPOT.COM, LLC | $10,280,000 | $7,650,000 | -25.6% | 0.6% |
| FREEDOM MORTGAGE CORPORATION | $12,930,000 | $7,065,000 | -45.4% | 0.6% |
| INTERRA CREDIT UNION | $11,430,000 | $6,540,000 | -42.8% | 0.5% |
| Flagstar Bank, FSB | $19,860,000 | $6,495,000 | -67.3% | 0.5% |
| UNION HOME MORTGAGE CORP. | $8,315,000 | $6,440,000 | -22.5% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $6,975,000 | $6,420,000 | -8.0% | 0.5% |
| KeyBank | $11,110,000 | $6,110,000 | -45.0% | 0.5% |
| First State Bank of Middlebury | $9,380,000 | $6,080,000 | -35.2% | 0.5% |
| EVERETT FINANCIAL, INC. | $8,980,000 | $5,970,000 | -33.5% | 0.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $5,455,000 | $5,760,000 | 5.6% | 0.5% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,900,000 | $5,565,000 | 192.9% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $9,050,000 | $5,235,000 | -42.2% | 0.4% |
| Bank of America | $6,860,000 | $5,030,000 | -26.7% | 0.4% |
| PENNYMAC LOAN SERVICES, LLC | $5,675,000 | $4,970,000 | -12.4% | 0.4% |
| Busey Bank | $4,165,000 | n/a | 0.3% | |
| Wells Fargo Bank | $12,855,000 | $4,120,000 | -68.0% | 0.3% |
| USAA Federal Savings Bank | $3,665,000 | $4,050,000 | 10.5% | 0.3% |
| OAK MORTGAGE, LLC | $4,720,000 | $3,955,000 | -16.2% | 0.3% |
| NEWREZ LLC | $5,290,000 | $3,545,000 | -33.0% | 0.3% |
| U.S. Bank | $3,740,000 | $3,375,000 | -9.8% | 0.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $4,045,000 | $3,085,000 | -23.7% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $7,830,000 | $3,040,000 | -61.2% | 0.2% |
| LAKE MICHIGAN CREDIT UNION | $5,105,000 | $3,030,000 | -40.6% | 0.2% |
| Citizens Bank | $5,330,000 | $2,890,000 | -45.8% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $1,050,000 | $2,660,000 | 153.3% | 0.2% |
| VAN DYK MORTGAGE CORPORATION | $5,250,000 | $2,660,000 | -49.3% | 0.2% |
| MEMBER FIRST MORTGAGE, LLC | $2,815,000 | $2,610,000 | -7.3% | 0.2% |
| BROKER SOLUTIONS, INC. | $4,440,000 | $2,425,000 | -45.4% | 0.2% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $1,060,000 | $2,325,000 | 119.3% | 0.2% |
| PURDUE FEDERAL CREDIT UNION | $35,000 | $2,325,000 | 6,542.9% | 0.2% |
| BMO Harris Bank | $1,010,000 | $2,220,000 | 119.8% | 0.2% |
| MJW Financial LLC | $1,390,000 | $2,210,000 | 59.0% | 0.2% |
| GVC MORTGAGE, INC. | $635,000 | $2,195,000 | 245.7% | 0.2% |
| Discover Bank | $795,000 | $2,155,000 | 171.1% | 0.2% |
| Carrington Mortgage Services, LLC | $2,560,000 | $2,095,000 | -18.2% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $3,700,000 | $2,050,000 | -44.6% | 0.2% |
| ZILLOW HOME LOANS, LLC | $1,130,000 | $2,005,000 | 77.4% | 0.2% |
| The Campbell & Fetter Bank | $2,025,000 | $1,960,000 | -3.2% | 0.2% |
| LIMA ONE CAPITAL, LLC | $2,325,000 | $1,945,000 | -16.3% | 0.2% |
| Sturgis Bank & Trust Company | $855,000 | $1,735,000 | 102.9% | 0.1% |
| GreenStone Farm Credit Services, FLCA | $3,420,000 | $1,665,000 | -51.3% | 0.1% |
| Northpointe Bank | $330,000 | $1,645,000 | 398.5% | 0.1% |
| 21ST MORTGAGE CORPORATION | $270,000 | $1,640,000 | 507.4% | 0.1% |
| PROPER RATE, LLC | $1,325,000 | $1,640,000 | 23.8% | 0.1% |
| CONSUMERS | $1,630,000 | $1,600,000 | -1.8% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,580,000 | n/a | 0.1% | |
| LAKEVIEW LOAN SERVICING, LLC | $1,945,000 | $1,540,000 | -20.8% | 0.1% |
| NBKC BANK | $405,000 | $1,540,000 | 280.2% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $1,965,000 | $1,485,000 | -24.4% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $155,000 | $1,450,000 | 835.5% | 0.1% |
| The Federal Savings Bank | $1,080,000 | $1,395,000 | 29.2% | 0.1% |
| CMG MORTGAGE, INC. | $1,370,000 | n/a | 0.1% | |
| TRIAD FINANCIAL SERVICES, INC. | $2,210,000 | $1,365,000 | -38.2% | 0.1% |
| Farm Credit Mid-America, ACA | $1,605,000 | $1,350,000 | -15.9% | 0.1% |
| First Merchants Bank | $910,000 | $1,350,000 | 48.4% | 0.1% |
| PHH Mortgage Corporation | $1,090,000 | $1,345,000 | 23.4% | 0.1% |
| INDIANA UNIVERSITY CREDIT UNION | $505,000 | $1,290,000 | 155.4% | 0.1% |
| SUCCESS MORTGAGE PARTNERS, INC. | $1,355,000 | $1,280,000 | -5.5% | 0.1% |
| Marquette Bank | $10,005,000 | $1,270,000 | -87.3% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $155,000 | $1,255,000 | 709.7% | 0.1% |
| Charles Schwab Bank, SSB | $1,250,000 | n/a | 0.1% | |
| NEW DAY FINANCIAL, LLC | $2,300,000 | $1,205,000 | -47.6% | 0.1% |
| COMPASS MORTGAGE, INC. | $3,795,000 | $1,200,000 | -68.4% | 0.1% |
| UNITED HOME LOANS, INC. | $255,000 | $1,180,000 | 362.7% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $1,145,000 | $1,130,000 | -1.3% | 0.1% |
| ON Q FINANCIAL, INC. | $1,130,000 | n/a | 0.1% | |
| UBS Bank USA | $1,120,000 | $1,120,000 | 0.0% | 0.1% |
| DRAPER AND KRAMER MORTGAGE CORP. | $885,000 | $1,090,000 | 23.2% | 0.1% |
| MORTGAGE CENTER L.C | $480,000 | $1,080,000 | 125.0% | 0.1% |
| Ally Bank | $660,000 | $1,065,000 | 61.4% | 0.1% |
| V.I.P. MORTGAGE, INC. | $915,000 | $1,065,000 | 16.4% | 0.1% |
| MICHIGAN MUTUAL, INC. | $1,020,000 | n/a | 0.1% | |
| ARBOR FINANCIAL CREDIT UNION | $1,715,000 | $980,000 | -42.9% | 0.1% |
| Truist | $105,000 | $965,000 | 819.0% | 0.1% |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $1,050,000 | $960,000 | -8.6% | 0.1% |
| Neighborhood Loans, Inc. | $1,510,000 | $955,000 | -36.8% | 0.1% |
| BETTER MORTGAGE CORPORATION | $2,320,000 | $930,000 | -59.9% | 0.1% |
| First Horizon Bank | $930,000 | n/a | 0.1% | |
| SIRVA MORTGAGE, INC. | $215,000 | $900,000 | 318.6% | 0.1% |
| Three Rivers Federal Credit Union | $670,000 | $900,000 | 34.3% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $1,570,000 | $885,000 | -43.6% | 0.1% |
| Figure Lending LLC | $565,000 | $840,000 | 48.7% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $830,000 | n/a | 0.1% | |
| FIRST STATE BANK | $830,000 | n/a | 0.1% | |
| ALLIED MORTGAGE GROUP, INC. | $825,000 | n/a | 0.1% | |
| AMERICAN INTERNET MORTGAGE, INC. | $825,000 | n/a | 0.1% | |
| TOP FLITE FINANCIAL, INC. | $970,000 | $820,000 | -15.5% | 0.1% |
| EVERENCE FEDERAL CREDIT UNION | $305,000 | $800,000 | 162.3% | 0.1% |
| Union Savings Bank | $380,000 | $800,000 | 110.5% | 0.1% |
| Ixonia Bank | $780,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $775,000 | n/a | 0.1% | |
| INTERCAP LENDING INC. | $735,000 | n/a | 0.1% | |
| Kellogg Community Credit Union | $275,000 | $725,000 | 163.6% | 0.1% |
| MORTGAGE 1 INCORPORATED | $380,000 | $720,000 | 89.5% | 0.1% |
| STOCKTON MORTGAGE CORPORATION | $155,000 | $715,000 | 361.3% | 0.1% |
| Citibank | $1,840,000 | $695,000 | -62.2% | 0.1% |
| FORUM Credit Union | $690,000 | n/a | 0.1% | |
| BNC National Bank | $800,000 | $670,000 | -16.3% | 0.1% |
| Citadel Servicing Corporation | $115,000 | $670,000 | 482.6% | 0.1% |
| GENEVA FINANCIAL, LLC | $195,000 | $665,000 | 241.0% | 0.1% |
| EVANSVILLE TEACHERS | $115,000 | $660,000 | 473.9% | 0.1% |
| Great Southern Bank | $1,085,000 | $655,000 | -39.6% | 0.1% |
| TUCKER MORTGAGE, LLC | $655,000 | n/a | 0.1% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $790,000 | $645,000 | -18.4% | 0.1% |
| BAY EQUITY LLC | $285,000 | $635,000 | 122.8% | 0.0% |
| PREMIA MORTGAGE, LLC | $460,000 | $630,000 | 37.0% | 0.0% |
| ENCORE BANK | $625,000 | n/a | 0.0% | |
| Commerce Home Mortgage, Inc. | $740,000 | $605,000 | -18.2% | 0.0% |
| GREENSTATE CREDIT UNION | $375,000 | $585,000 | 56.0% | 0.0% |
| MYCUMORTGAGE, LLC | $580,000 | n/a | 0.0% | |
| Farmers Bank & Trust | $375,000 | $575,000 | 53.3% | 0.0% |
| German American Bank | $480,000 | $565,000 | 17.7% | 0.0% |
| Morgan Stanley Private Bank | $4,345,000 | $565,000 | -87.0% | 0.0% |
| Directions Credit Union, Inc. | $545,000 | n/a | 0.0% | |
| AMWEST FUNDING CORP. | $535,000 | n/a | 0.0% | |
| Carrollton Bank | $535,000 | n/a | 0.0% | |
| First Financial Bank | $320,000 | $530,000 | 65.6% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $385,000 | $530,000 | 37.7% | 0.0% |
| Associated Bank | $5,235,000 | $525,000 | -90.0% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $1,050,000 | $515,000 | -51.0% | 0.0% |
| WesBanco | $515,000 | n/a | 0.0% | |
| AmeriHome Mortgage Company, LLC | $785,000 | $510,000 | -35.0% | 0.0% |
| MORTGAGE ACCESS CORP. | $600,000 | $510,000 | -15.0% | 0.0% |
| BNY Mellon | $755,000 | $505,000 | -33.1% | 0.0% |
| Bethpage Federal Credit Union | $45,000 | $495,000 | 1,000.0% | 0.0% |
| Nations Lending Corporation | $750,000 | $495,000 | -34.0% | 0.0% |
| CALIBER HOME LOANS, INC. | $3,500,000 | $490,000 | -86.0% | 0.0% |
| Bank of England | $1,705,000 | $470,000 | -72.4% | 0.0% |
| Elements Financial Federal Credit Union | $330,000 | $465,000 | 40.9% | 0.0% |
| TOWNE MORTGAGE COMPANY | $195,000 | $460,000 | 135.9% | 0.0% |
| LAKE MORTGAGE COMPANY INC | $455,000 | n/a | 0.0% | |
| ENDEAVOR CAPITAL, LLC. | $835,000 | $445,000 | -46.7% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $615,000 | $435,000 | -29.3% | 0.0% |
| Mercantile Bank of Michigan | $630,000 | $415,000 | -34.1% | 0.0% |
| First Commonwealth Bank | $405,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $620,000 | $405,000 | -34.7% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $400,000 | n/a | 0.0% | |
| OPEN MORTGAGE, LLC | $220,000 | $400,000 | 81.8% | 0.0% |
| Beeline Loans, Inc. | $385,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $385,000 | n/a | 0.0% | |
| DAS Acquisition Company, LLC | $385,000 | n/a | 0.0% | |
| VILLAGE CAPITAL MORTGAGE | $580,000 | $385,000 | -33.6% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $145,000 | $380,000 | 162.1% | 0.0% |
| Raymond James Bank | $675,000 | $380,000 | -43.7% | 0.0% |
| First State Bank | $375,000 | n/a | 0.0% | |
| Renasant Bank | $375,000 | n/a | 0.0% | |
| Paramount Residential Mortgage Group, Inc. | $580,000 | $370,000 | -36.2% | 0.0% |
| CIVIC FINANCIAL SERVICES, LLC | $295,000 | $365,000 | 23.7% | 0.0% |
| GUILD MORTGAGE COMPANY | $370,000 | $365,000 | -1.4% | 0.0% |
| EMM LOANS LLC | $350,000 | n/a | 0.0% | |
| AMCAP MORTGAGE, LTD. | $345,000 | n/a | 0.0% | |
| Greenbox Loans, Inc. | $345,000 | n/a | 0.0% | |
| WINGS FINANCIAL | $345,000 | n/a | 0.0% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $930,000 | $335,000 | -64.0% | 0.0% |
| M&T Bank | $1,360,000 | $330,000 | -75.7% | 0.0% |
| Crossroads Bank | $325,000 | n/a | 0.0% | |
| OMNI Community Credit Union | $90,000 | $325,000 | 261.1% | 0.0% |
| SUMMIT HOME MORTGAGE, LLC | $320,000 | n/a | 0.0% | |
| NORTHERN MORTGAGE SERVICES, LLC | $310,000 | n/a | 0.0% | |
| HOMESTEAD FUNDING CORP. | $305,000 | n/a | 0.0% | |
| Macatawa Bank | $305,000 | n/a | 0.0% | |
| CITIZENS EQUITY FIRST | $380,000 | $300,000 | -21.1% | 0.0% |
| MORTGAGEONE, INC. | $295,000 | n/a | 0.0% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $230,000 | $295,000 | 28.3% | 0.0% |
| Armed Forces Bank | $255,000 | $285,000 | 11.8% | 0.0% |
| Hinsdale Bank & Trust Company | $285,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $280,000 | n/a | 0.0% | |
| CONTOUR MORTGAGE CORPORATION | $260,000 | $270,000 | 3.8% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $185,000 | $270,000 | 45.9% | 0.0% |
| American Community Bank of Indiana | $265,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $265,000 | n/a | 0.0% | |
| Southern Michigan Bank & Trust | $445,000 | $260,000 | -41.6% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $255,000 | n/a | 0.0% | |
| First Savings Bank | $420,000 | $255,000 | -39.3% | 0.0% |
| POLARIS HOME FUNDING CORP. | $195,000 | $255,000 | 30.8% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $400,000 | $255,000 | -36.3% | 0.0% |
| GSF Mortgage Corporation | $250,000 | n/a | 0.0% | |
| LIBERTY HOME MORTGAGE CORPORATION | $250,000 | n/a | 0.0% | |
| RANLIFE, INC. | $250,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $300,000 | $245,000 | -18.3% | 0.0% |
| Prosperity Home Mortgage, LLC | $770,000 | $245,000 | -68.2% | 0.0% |
| Flanagan State Bank | $235,000 | n/a | 0.0% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $235,000 | n/a | 0.0% | |
| State Department Federal Credit Union | $15,000 | $235,000 | 1,466.7% | 0.0% |
| DIRECT MORTGAGE LOANS, LLC | $200,000 | $230,000 | 15.0% | 0.0% |
| Fortress Bank | $200,000 | $230,000 | 15.0% | 0.0% |
| Gateway First Bank | $230,000 | n/a | 0.0% | |
| LEADERONE FINANCIAL CORPORATION | $370,000 | $225,000 | -39.2% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $315,000 | $225,000 | -28.6% | 0.0% |
| Mid-Continent Funding, Inc. | $175,000 | $220,000 | 25.7% | 0.0% |
| Advisors Mortgage Group, L.L.C. | $215,000 | n/a | 0.0% | |
| Centennial Bank | $215,000 | n/a | 0.0% | |
| Magnolia Bank | $215,000 | n/a | 0.0% | |
| MASON MCDUFFIE MORTGAGE CORPORATION | $215,000 | n/a | 0.0% | |
| S1L, Inc. | $155,000 | $215,000 | 38.7% | 0.0% |
| Superior Credit Union, Inc. | $215,000 | n/a | 0.0% | |
| United Nations Federal Credit Union | $215,000 | n/a | 0.0% | |
| A&D Mortgage LLC | $205,000 | n/a | 0.0% | |
| ADVANCIAL | $205,000 | n/a | 0.0% | |
| EMBRACE HOME LOANS, INC. | $655,000 | $205,000 | -68.7% | 0.0% |
| Independent Bank | $605,000 | $205,000 | -66.1% | 0.0% |
| UIF CORPORATION | $335,000 | $205,000 | -38.8% | 0.0% |
| AAC Credit Union | $195,000 | n/a | 0.0% | |
| CIBM Bank | $195,000 | n/a | 0.0% | |
| MLB RESIDENTIAL LENDING, LLC | $195,000 | n/a | 0.0% | |
| NETWORK CAPITAL FUNDING CORPORATION | $220,000 | $195,000 | -11.4% | 0.0% |
| Stock Yards Bank & Trust Company | $195,000 | n/a | 0.0% | |
| LENDINGONE, LLC | $65,000 | $190,000 | 192.3% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $1,490,000 | $190,000 | -87.2% | 0.0% |
| Connexus Credit Union | $185,000 | n/a | 0.0% | |
| FIRST STATE MORTGAGE SERVICES, LLC | $185,000 | n/a | 0.0% | |
| MORTGAGE MASTERS OF INDIANA, INC. | $185,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $500,000 | $185,000 | -63.0% | 0.0% |
| Pinnacle Bank | $185,000 | $185,000 | 0.0% | 0.0% |
| Strong Home Mortgage, LLC | $185,000 | n/a | 0.0% | |
| US #1364 FEDERAL CREDIT UNION | $185,000 | n/a | 0.0% | |
| MILEND, INC. | $175,000 | n/a | 0.0% | |
| Axos Bank | $165,000 | n/a | 0.0% | |
| BEACON CREDIT UNION | $25,000 | $165,000 | 560.0% | 0.0% |
| DELTA COMMUNITY CREDIT UNION | $155,000 | $165,000 | 6.5% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $165,000 | n/a | 0.0% | |
| NATIONS DIRECT MORTGAGE, LLC | $265,000 | $165,000 | -37.7% | 0.0% |
| OAKTREE FUNDING CORP. | $165,000 | n/a | 0.0% | |
| TECH Credit Union | $1,250,000 | $165,000 | -86.8% | 0.0% |
| AMERICAN FINANCING CORPORATION | $1,425,000 | $155,000 | -89.1% | 0.0% |
| North American Savings Bank, F.S.B. | $455,000 | $155,000 | -65.9% | 0.0% |
| PLANET HOME LENDING, LLC | $1,335,000 | $155,000 | -88.4% | 0.0% |
| Colonial Savings, F.A. | $155,000 | $145,000 | -6.5% | 0.0% |
| SPRING EQ, LLC | $650,000 | $145,000 | -77.7% | 0.0% |
| THE ANDERSON FINANCIAL GROUP, INC. | $375,000 | $145,000 | -61.3% | 0.0% |
| The Farmers Bank of Milton | $145,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $105,000 | $135,000 | 28.6% | 0.0% |
| Fidelity Bank | $135,000 | n/a | 0.0% | |
| Alerus Financial | $130,000 | n/a | 0.0% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $420,000 | $125,000 | -70.2% | 0.0% |
| Plains Commerce Bank | $125,000 | n/a | 0.0% | |
| ADVIA | $200,000 | $120,000 | -40.0% | 0.0% |
| DeMotte State Bank | $115,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $75,000 | $115,000 | 53.3% | 0.0% |
| First State Bank | $115,000 | n/a | 0.0% | |
| MOVEMENT MORTGAGE, LLC | $920,000 | $115,000 | -87.5% | 0.0% |
| THRIVE MORTGAGE, LLC | $115,000 | n/a | 0.0% | |
| United Bank of Michigan | $115,000 | n/a | 0.0% | |
| American Mortgage & Equity Consultants, Inc. | $125,000 | $105,000 | -16.0% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $345,000 | $105,000 | -69.6% | 0.0% |
| Chiphone Federal Credit Union | $105,000 | n/a | 0.0% | |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $105,000 | n/a | 0.0% | |
| First American Bank | $105,000 | n/a | 0.0% | |
| First Option Mortgage, LLC | $255,000 | $105,000 | -58.8% | 0.0% |
| FOUNDATION MORTGAGE CORPORATION | $105,000 | n/a | 0.0% | |
| HOMEXPRESS MORTGAGE CORP. | $315,000 | $105,000 | -66.7% | 0.0% |
| Key Mortgage Services, Inc. | $105,000 | n/a | 0.0% | |
| SCOTT CREDIT UNION | $105,000 | n/a | 0.0% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $260,000 | $105,000 | -59.6% | 0.0% |
| COMMUNITYAMERICA | $95,000 | n/a | 0.0% | |
| CREDIT UNION ONE | $45,000 | $95,000 | 111.1% | 0.0% |
| AXIA FINANCIAL, LLC | $115,000 | $85,000 | -26.1% | 0.0% |
| MARSHALL COMMUNITY CREDIT UNION | $85,000 | n/a | 0.0% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,690,000 | $85,000 | -95.0% | 0.0% |
| STAR USA FEDERAL CREDIT UNION | $85,000 | n/a | 0.0% | |
| TOWN AND COUNTRY Credit Union | $85,000 | n/a | 0.0% | |
| COMMUNITY CHOICE CREDIT UNION | $80,000 | n/a | 0.0% | |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $1,235,000 | $75,000 | -93.9% | 0.0% |
| PARTNERS 1ST Federal Credit Union | $230,000 | $75,000 | -67.4% | 0.0% |
| Arvest Bank | $65,000 | n/a | 0.0% | |
| FORT FINANCIAL Federal Credit Union | $65,000 | n/a | 0.0% | |
| EASTMAN | $55,000 | n/a | 0.0% | |
| Mortgage Assurance Inc. | $55,000 | n/a | 0.0% | |
| STAR Financial Bank | $55,000 | n/a | 0.0% | |
| The State Bank and Trust Company | $45,000 | n/a | 0.0% | |
| GREAT RIVER FEDERAL CREDIT UNION | $35,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $50,000 | $30,000 | -40.0% | 0.0% |
| Coastal Community Bank | $25,000 | n/a | 0.0% | |
| Credit Union 1 | $25,000 | n/a | 0.0% | |
| Farmers State Bank | $245,000 | $25,000 | -89.8% | 0.0% |
SOUTH BEND - MISHAWAKA's top lender by overall market share is Notre Dame Federal Credit Union Corporation, with 9.2% market share. In second place, with 6.7%, is 1st Source Bank, having originated $85,325,000 in loans. In third place, with 5.3%, is TEACHERS CREDIT UNION, having originated $66,880,000 in loans. In fourth place, with 5.2%, is HALLMARK HOME MORTGAGE, LLC, having originated $65,925,000 in loans. In fifth place, with 5.0%, is RUOFF MORTGAGE COMPANY, INC., having originated $63,530,000 in loans.
SOUTH BEND - MISHAWAKA Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - SOUTH BEND - MISHAWAKA (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 | $129,900 (23.7%) | $215,859 (11.0%) | 0.48 | 963 |
| 2018-02-01 | $135,000 (23.1%) | $226,398 (11.9%) | 0.49 | 885 |
| 2018-03-01 | $139,500 (16.4%) | $237,065 (7.7%) | 0.49 | 827 |
| 2018-04-01 | $159,900 (23.0%) | $254,892 (7.2%) | 0.54 | 810 |
| 2018-05-01 | $169,900 (13.3%) | $261,294 (6.4%) | 0.57 | 855 |
| 2018-06-01 | $170,000 (9.8%) | $263,841 (8.2%) | 0.57 | 936 |
| 2018-07-01 | $175,725 (17.2%) | $259,678 (10.3%) | 0.59 | 1,027 |
| 2018-08-01 | $174,700 (17.3%) | $249,956 (8.4%) | 0.59 | 1,084 |
| 2018-09-01 | $169,000 (16.6%) | $241,650 (5.2%) | 0.57 | 1,119 |
| 2018-10-01 | $165,000 (13.9%) | $242,330 (4.8%) | 0.56 | 1,104 |
| 2018-11-01 | $159,900 (12.3%) | $240,862 (6.4%) | 0.54 | 993 |
| 2018-12-01 | $151,450 (16.5%) | $234,010 (7.9%) | 0.52 | 937 |
| 2019-01-01 | $154,900 (19.3%) | $232,935 (7.9%) | 0.54 | 830 |
| 2019-02-01 | $162,400 (20.3%) | $236,581 (4.5%) | 0.55 | 798 |
| 2019-03-01 | $184,757 (32.4%) | $251,858 (6.2%) | 0.60 | 764 |
| 2019-04-01 | $209,900 (31.3%) | $272,879 (7.1%) | 0.67 | 743 |
| 2019-05-01 | $223,450 (31.5%) | $281,613 (7.8%) | 0.70 | 771 |
| 2019-06-01 | $220,000 (29.4%) | $281,451 (6.7%) | 0.69 | 872 |
| 2019-07-01 | $218,950 (24.6%) | $284,780 (9.7%) | 0.69 | 927 |
| 2019-08-01 | $206,791 (18.4%) | $276,066 (10.5%) | 0.65 | 995 |
| 2019-09-01 | $194,477 (15.1%) | $266,919 (10.5%) | 0.62 | 1,014 |
| 2019-10-01 | $184,900 (12.1%) | $261,314 (7.8%) | 0.60 | 1,018 |
| 2019-11-01 | $179,900 (12.5%) | $262,210 (8.9%) | 0.59 | 921 |
| 2019-12-01 | $174,900 (15.5%) | $258,861 (10.6%) | 0.58 | 849 |
| 2020-01-01 | $177,450 (14.6%) | $257,988 (10.8%) | 0.59 | 744 |
| 2020-02-01 | $202,450 (24.7%) | $271,753 (14.9%) | 0.66 | 667 |
| 2020-03-01 | $224,800 (21.7%) | $289,262 (14.9%) | 0.70 | 663 |
| 2020-04-01 | $222,875 (6.2%) | $287,825 (5.5%) | 0.70 | 678 |
| 2020-05-01 | $239,950 (7.4%) | $305,377 (8.4%) | 0.73 | 656 |
| 2020-06-01 | $257,425 (17.0%) | $317,503 (12.8%) | 0.76 | 589 |
| 2020-07-01 | $246,250 (12.5%) | $311,270 (9.3%) | 0.71 | 586 |
| 2020-08-01 | $247,900 (19.9%) | $312,145 (13.1%) | 0.71 | 576 |
| 2020-09-01 | $249,450 (28.3%) | $310,970 (16.5%) | 0.71 | 528 |
| 2020-10-01 | $225,000 (21.7%) | $297,683 (13.9%) | 0.64 | 547 |
| 2020-11-01 | $189,925 (5.6%) | $276,437 (5.4%) | 0.56 | 521 |
| 2020-12-01 | $183,169 (4.7%) | $262,739 (1.5%) | 0.54 | 477 |
| 2021-01-01 | $175,000 (-1.4%) | $256,681 (-0.5%) | 0.52 | 416 |
| 2021-02-01 | $195,950 (-3.2%) | $297,303 (9.4%) | 0.57 | 312 |
| 2021-03-01 | $232,350 (3.4%) | $334,831 (15.8%) | 0.66 | 275 |
| 2021-04-01 | $248,475 (11.5%) | $383,009 (33.1%) | 0.67 | 259 |
| 2021-05-01 | $229,950 (-4.2%) | $345,499 (13.1%) | 0.61 | 302 |
| 2021-06-01 | $244,950 (-4.9%) | $352,913 (11.2%) | 0.64 | 356 |
| 2021-07-01 | $234,000 (-5.0%) | $351,458 (12.9%) | 0.62 | 405 |
| 2021-08-01 | $220,000 (-11.3%) | $357,719 (14.6%) | 0.59 | 433 |
| 2021-09-01 | $228,250 (-8.5%) | $368,275 (18.4%) | 0.61 | 438 |
| 2021-10-01 | $223,950 (-0.5%) | $361,805 (21.5%) | 0.60 | 432 |
| 2021-11-01 | $222,500 (17.2%) | $340,035 (23.0%) | 0.59 | 373 |
| 2021-12-01 | $224,450 (22.5%) | $329,626 (25.5%) | 0.61 | 310 |
| 2022-01-01 | $249,900 (42.8%) | $360,616 (40.5%) | 0.68 | 244 |
| 2022-02-01 | $287,000 (46.5%) | $400,143 (34.6%) | 0.75 | 223 |
| 2022-03-01 | $249,900 (7.6%) | $386,805 (15.5%) | 0.63 | 242 |
| 2022-04-01 | $274,900 (10.6%) | $421,405 (10.0%) | 0.66 | 259 |
| 2022-05-01 | $304,925 (32.6%) | $427,389 (23.7%) | 0.70 | 312 |
| 2022-06-01 | $283,450 (15.7%) | $424,586 (20.3%) | 0.63 | 382 |
| 2022-07-01 | $264,900 (13.2%) | $392,242 (11.6%) | 0.60 | 463 |
| 2022-08-01 | $273,225 (24.2%) | $382,054 (6.8%) | 0.63 | 477 |
| 2022-09-01 | $279,900 (22.6%) | $397,724 (8.0%) | 0.65 | 491 |
| 2022-10-01 | $275,000 (22.8%) | $410,430 (13.4%) | 0.65 | 514 |
| 2022-11-01 | $284,900 (28.0%) | $423,804 (24.6%) | 0.68 | 512 |
| 2022-12-01 | $277,450 (23.6%) | $412,621 (25.2%) | 0.69 | 476 |
| 2023-01-01 | $299,738 (19.9%) | $414,787 (15.0%) | 0.74 | 415 |
| 2023-02-01 | $294,425 (2.6%) | $422,711 (5.6%) | 0.71 | 371 |
| 2023-03-01 | $319,950 (28.0%) | $445,710 (15.2%) | 0.75 | 346 |
| 2023-04-01 | $299,950 (9.1%) | $446,537 (6.0%) | 0.70 | 340 |
| 2023-05-01 | $323,450 (6.1%) | $457,011 (6.9%) | 0.73 | 386 |
| 2023-06-01 | $292,450 (3.2%) | $434,202 (2.3%) | 0.66 | 417 |
| 2023-07-01 | $289,900 (9.4%) | $429,712 (9.6%) | 0.66 | 417 |
| 2023-08-01 | $271,750 (-0.5%) | $398,801 (4.4%) | 0.62 | 454 |
| 2023-09-01 | $259,900 (-7.2%) | $376,159 (-5.4%) | 0.61 | 520 |
| 2023-10-01 | $252,475 (-8.2%) | $368,878 (-10.1%) | 0.59 | 583 |
| 2023-11-01 | $234,900 (-17.6%) | $353,830 (-16.5%) | 0.56 | 593 |
| 2023-12-01 | $220,000 (-20.7%) | $344,957 (-16.4%) | 0.54 | 551 |
| 2024-01-01 | $212,425 (-29.1%) | $343,894 (-17.1%) | 0.52 | 501 |
| 2024-02-01 | $225,000 (-23.6%) | $361,435 (-14.5%) | 0.54 | 469 |
| 2024-03-01 | $239,000 (-25.3%) | $367,545 (-17.5%) | 0.56 | 462 |
SOUTH BEND - MISHAWAKA's median listing price for 2024-03-01 was $239,000, a difference of
$-80,950
(-25.3%) versus the prior year and
$14,000 versus the prior month.
SOUTH BEND - MISHAWAKA's median listing price comes in at 56% of the national average.
SOUTH BEND - MISHAWAKA's average listing price for 2024-03-01 was $367,545, a difference of $-78,165 (-17.5%) versus the prior year and $6,110 versus the prior month.
For the 2024-03-01 period, SOUTH BEND - MISHAWAKA had 462 MLS listings, a difference of -7 listings (-1%) versus the prior month and 116 listings (34%) versus the prior year.
SOUTH BEND - MISHAWAKA's median listing price comes in at 56% of the national average.
SOUTH BEND - MISHAWAKA's average listing price for 2024-03-01 was $367,545, a difference of $-78,165 (-17.5%) versus the prior year and $6,110 versus the prior month.
For the 2024-03-01 period, SOUTH BEND - MISHAWAKA had 462 MLS listings, a difference of -7 listings (-1%) versus the prior month and 116 listings (34%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - SOUTH BEND - MISHAWAKA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 87 days | 1,632 sqft |
| 2018-02-01 | 90 days | 1,615 sqft |
| 2018-03-01 | 66 days | 1,636 sqft |
| 2018-04-01 | 55 days | 1,706 sqft |
| 2018-05-01 | 43 days | 1,730 sqft |
| 2018-06-01 | 40 days | 1,772 sqft |
| 2018-07-01 | 44 days | 1,794 sqft |
| 2018-08-01 | 46 days | 1,783 sqft |
| 2018-09-01 | 51 days | 1,750 sqft |
| 2018-10-01 | 60 days | 1,746 sqft |
| 2018-11-01 | 70 days | 1,738 sqft |
| 2018-12-01 | 74 days | 1,700 sqft |
| 2019-01-01 | 80 days | 1,696 sqft |
| 2019-02-01 | 76 days | 1,721 sqft |
| 2019-03-01 | 65 days | 1,771 sqft |
| 2019-04-01 | 51 days | 1,824 sqft |
| 2019-05-01 | 47 days | 1,900 sqft |
| 2019-06-01 | 45 days | 1,938 sqft |
| 2019-07-01 | 48 days | 1,920 sqft |
| 2019-08-01 | 50 days | 1,886 sqft |
| 2019-09-01 | 55 days | 1,838 sqft |
| 2019-10-01 | 57 days | 1,800 sqft |
| 2019-11-01 | 65 days | 1,729 sqft |
| 2019-12-01 | 76 days | 1,725 sqft |
| 2020-01-01 | 84 days | 1,711 sqft |
| 2020-02-01 | 81 days | 1,804 sqft |
| 2020-03-01 | 57 days | 1,814 sqft |
| 2020-04-01 | 56 days | 1,789 sqft |
| 2020-05-01 | 61 days | 1,830 sqft |
| 2020-06-01 | 58 days | 1,941 sqft |
| 2020-07-01 | 47 days | 1,900 sqft |
| 2020-08-01 | 47 days | 1,920 sqft |
| 2020-09-01 | 47 days | 1,980 sqft |
| 2020-10-01 | 41 days | 1,868 sqft |
| 2020-11-01 | 45 days | 1,737 sqft |
| 2020-12-01 | 51 days | 1,624 sqft |
| 2021-01-01 | 61 days | 1,620 sqft |
| 2021-02-01 | 66 days | 1,632 sqft |
| 2021-03-01 | 40 days | 1,648 sqft |
| 2021-04-01 | 33 days | 1,725 sqft |
| 2021-05-01 | 25 days | 1,663 sqft |
| 2021-06-01 | 24 days | 1,788 sqft |
| 2021-07-01 | 30 days | 1,800 sqft |
| 2021-08-01 | 32 days | 1,722 sqft |
| 2021-09-01 | 36 days | 1,663 sqft |
| 2021-10-01 | 38 days | 1,656 sqft |
| 2021-11-01 | 47 days | 1,646 sqft |
| 2021-12-01 | 58 days | 1,654 sqft |
| 2022-01-01 | 58 days | 1,820 sqft |
| 2022-02-01 | 39 days | 1,835 sqft |
| 2022-03-01 | 30 days | 1,800 sqft |
| 2022-04-01 | 26 days | 1,826 sqft |
| 2022-05-01 | 19 days | 1,872 sqft |
| 2022-06-01 | 24 days | 1,898 sqft |
| 2022-07-01 | 25 days | 1,900 sqft |
| 2022-08-01 | 32 days | 1,859 sqft |
| 2022-09-01 | 36 days | 1,838 sqft |
| 2022-10-01 | 36 days | 1,847 sqft |
| 2022-11-01 | 43 days | 1,811 sqft |
| 2022-12-01 | 52 days | 1,800 sqft |
| 2023-01-01 | 65 days | 1,806 sqft |
| 2023-02-01 | 63 days | 1,767 sqft |
| 2023-03-01 | 53 days | 1,833 sqft |
| 2023-04-01 | 36 days | 1,800 sqft |
| 2023-05-01 | 30 days | 1,833 sqft |
| 2023-06-01 | 32 days | 1,808 sqft |
| 2023-07-01 | 37 days | 1,833 sqft |
| 2023-08-01 | 35 days | 1,764 sqft |
| 2023-09-01 | 37 days | 1,691 sqft |
| 2023-10-01 | 37 days | 1,725 sqft |
| 2023-11-01 | 45 days | 1,684 sqft |
| 2023-12-01 | 57 days | 1,621 sqft |
| 2024-01-01 | 60 days | 1,595 sqft |
| 2024-02-01 | 59 days | 1,600 sqft |
| 2024-03-01 | 45 days | 1,624 sqft |
SOUTH BEND - MISHAWAKA's median listing age (time on market) for 2024-03-01 was 45 days.
This
is -15%
shorter
than the same period one year ago.
SOUTH BEND - MISHAWAKA's median square footage for active listings during the 2024-03-01 period was 1,624 sqft. One year prior, the average listing was 1,833 sqft.
SOUTH BEND - MISHAWAKA's median square footage for active listings during the 2024-03-01 period was 1,624 sqft. One year prior, the average listing was 1,833 sqft.
SOUTH BEND-MISHAWAKA, IN-MI 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.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 46506 | South Bend-Mishawaka, IN HUD Metro FMR Area | $680 | $830 | $990 | $1,260 | $1,330 |
| 46517 | South Bend-Mishawaka, IN HUD Metro FMR Area | $660 | $750 | $890 | $1,140 | $1,200 |
| 46530 | South Bend-Mishawaka, IN HUD Metro FMR Area | $1,100 | $1,330 | $1,600 | $2,030 | $2,140 |
| 46536 | South Bend-Mishawaka, IN HUD Metro FMR Area | $770 | $940 | $1,120 | $1,420 | $1,500 |
| 46544 | South Bend-Mishawaka, IN HUD Metro FMR Area | $720 | $880 | $1,050 | $1,330 | $1,410 |
| 46545 | South Bend-Mishawaka, IN HUD Metro FMR Area | $770 | $940 | $1,120 | $1,420 | $1,500 |
| 46546 | South Bend-Mishawaka, IN HUD Metro FMR Area | $760 | $920 | $1,100 | $1,400 | $1,480 |
| 46550 | South Bend-Mishawaka, IN HUD Metro FMR Area | $720 | $750 | $960 | $1,230 | $1,290 |
| 46552 | South Bend-Mishawaka, IN HUD Metro FMR Area | $640 | $750 | $910 | $1,160 | $1,240 |
| 46554 | South Bend-Mishawaka, IN HUD Metro FMR Area | $640 | $770 | $920 | $1,170 | $1,240 |
| 46556 | South Bend-Mishawaka, IN HUD Metro FMR Area | $710 | $870 | $1,030 | $1,310 | $1,380 |
| 46561 | South Bend-Mishawaka, IN HUD Metro FMR Area | $830 | $1,000 | $1,200 | $1,520 | $1,610 |
| 46563 | South Bend-Mishawaka, IN HUD Metro FMR Area | $760 | $920 | $1,100 | $1,400 | $1,480 |
| 46573 | South Bend-Mishawaka, IN HUD Metro FMR Area | $670 | $750 | $910 | $1,160 | $1,220 |
| 46574 | South Bend-Mishawaka, IN HUD Metro FMR Area | $640 | $780 | $950 | $1,210 | $1,300 |
| 46595 | South Bend-Mishawaka, IN HUD Metro FMR Area | $680 | $830 | $990 | $1,260 | $1,330 |
| 46601 | South Bend-Mishawaka, IN HUD Metro FMR Area | $640 | $780 | $930 | $1,180 | $1,250 |
| 46613 | South Bend-Mishawaka, IN HUD Metro FMR Area | $770 | $940 | $1,120 | $1,420 | $1,500 |
| 46614 | South Bend-Mishawaka, IN HUD Metro FMR Area | $680 | $830 | $990 | $1,260 | $1,330 |
| 46615 | South Bend-Mishawaka, IN HUD Metro FMR Area | $760 | $920 | $1,100 | $1,400 | $1,480 |
| 46616 | South Bend-Mishawaka, IN HUD Metro FMR Area | $800 | $980 | $1,170 | $1,490 | $1,570 |
| 46617 | South Bend-Mishawaka, IN HUD Metro FMR Area | $1,000 | $1,230 | $1,460 | $1,860 | $1,960 |
| 46619 | South Bend-Mishawaka, IN HUD Metro FMR Area | $730 | $890 | $1,060 | $1,350 | $1,420 |
| 46624 | South Bend-Mishawaka, IN HUD Metro FMR Area | $760 | $920 | $1,100 | $1,400 | $1,480 |
| 46628 | South Bend-Mishawaka, IN HUD Metro FMR Area | $770 | $940 | $1,120 | $1,420 | $1,500 |
| 46634 | South Bend-Mishawaka, IN HUD Metro FMR Area | $760 | $920 | $1,100 | $1,400 | $1,480 |
| 46635 | South Bend-Mishawaka, IN HUD Metro FMR Area | $760 | $920 | $1,100 | $1,400 | $1,480 |
| 46637 | South Bend-Mishawaka, IN HUD Metro FMR Area | $840 | $1,020 | $1,220 | $1,550 | $1,640 |
| 46660 | South Bend-Mishawaka, IN HUD Metro FMR Area | $760 | $920 | $1,100 | $1,400 | $1,480 |
| 46680 | South Bend-Mishawaka, IN HUD Metro FMR Area | $760 | $920 | $1,100 | $1,400 | $1,480 |
2022 Average & Median Rent Data Statistics
SOUTH BEND-MISHAWAKA, IN-MI average 1BR rent: $905, median: $920
SOUTH BEND-MISHAWAKA, IN-MI average 2BR rent: $1,084, median: $1,100
SOUTH BEND-MISHAWAKA, IN-MI average 3BR rent: $1,378, median: $1,400
SOUTH BEND-MISHAWAKA, IN-MI Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 3,547 | $862,525,000 | $243,170 |
| Cash Out Refi | 1,179 | $143,335,000 | $121,573 |
| Home Improvement | 893 | $63,825,000 | $71,473 |
| Other | 775 | $64,655,000 | $83,426 |
| Refi | 651 | $139,215,000 | $213,848 |
South Bend - Mishawaka's most frequently cited loan purpose was Home Purchase, with 3,547 originations. The 2nd most popular reason was Cash Out Refi, with 1,179 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 2,081 | $467,965,000 | $224,875 |
| 7-8% | 1,924 | $429,470,000 | $223,217 |
| Over 8% | 1,786 | $152,780,000 | $85,543 |
| <2.5% | 560 | $33,470,000 | $59,768 |
| 5-6% | 523 | $152,725,000 | $292,017 |
| 2.5-3% | 74 | $5,500,000 | $74,324 |
| 4-5% | 38 | $24,290,000 | $639,211 |
| 3-4% | 22 | $1,280,000 | $58,182 |
During 2023, South Bend - Mishawaka's most frequently originated rate bucket was 6-7%, with 2,081 originations.
Loan Sizing (SOUTH BEND-MISHAWAKA, IN-MI MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 2,857 | $144,835,000 | $50,695 |
| $100k-200k | 2,291 | $329,005,000 | $143,608 |
| $200k-400k | 1,502 | $403,040,000 | $268,336 |
| $400k-600k | 263 | $125,085,000 | $475,608 |
| $600k-1000k | 99 | $71,255,000 | $719,747 |
| $Over $1MM | 33 | $200,335,000 | $6,070,758 |
SOUTH BEND - MISHAWAKA's loan sizing saw the bucket of loans from $100,000 or less with 2,857 originations, totaling $144,835,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,545 | $551,675,000 | $216,768 |
| 60-80% | 1,321 | $411,555,000 | $311,548 |
| Under 20% | 1,294 | $50,800,000 | $39,258 |
| 20-40% | 1,124 | $96,490,000 | $85,845 |
| 40-60% | 650 | $127,920,000 | $196,800 |
| Over 100% | 34 | $8,960,000 | $263,529 |
SOUTH BEND - MISHAWAKA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,545 originations, totaling $551,675,000 in origination value.