Alice Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Alice averaged
5.92%
for the week of 2024-10-03, compared to the national average of
6.12% for the same period.
The average rate for the prior week (2024-09-26) was
5.98% and
one month ago for the week of 2024-08-29, the
average rate was 6.15%.
Alice's average rate one year ago was 7.31%.
For refis of the same type during the week of 2024-10-03, the average rate
was 6.02%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-03 | 6.12% |
Alice 30 Year Fixed Rate | 2024-10-03 | 5.92% |
Alice 30 Year Fixed Rate Refi | 2024-10-03 | 6.02% |
Alice 15 Year Fixed Rate | 2024-10-03 | 5.25% |
Alice 15 Year Fixed Rate Refi | 2024-10-03 | 5.55% |
Alice 30 Year FHA | 2024-10-03 | 5.84% |
Alice 30 Year FHA Refi | 2024-10-03 | 6.09% |
Alice 30 Year USDA | 2024-10-03 | 5.97% |
Alice 30 Year USDA Refi | 2024-10-03 | 6.17% |
Alice 30 Year VA | 2024-10-03 | 5.6% |
Alice 30 Year VA Refi | 2024-10-03 | 5.4% |
Alice 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 Alice, TX 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.).
Alice Average Closing Costs & Other Stats
Alice, TX's 37 lenders originated 335
loans during 2023. The total origination value was $66,115,000, with an average loan value of
$197,358.
Alice's average closing costs are $6,442.
The top Alice lender as defined by loan originations is NAVY ARMY COMMUNITY CREDIT UNION, with
5 loans originated. Their average total fees are
$4,810, which is $1,037
higher than the next largest lender,
Prosperity Bank.
The lowest fee Alice lenders (with over 10 loans originated) are
.
The lowest rate Alice lenders (with over 10 loans originated) are
.
Alice, TX 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 |
---|---|---|---|---|
NAVY ARMY COMMUNITY CREDIT UNION | $7,380,000 | $5,825,000 | -21.1% | 8.8% |
21ST MORTGAGE CORPORATION | $4,355,000 | $4,035,000 | -7.3% | 6.1% |
UNITED WHOLESALE MORTGAGE, LLC | $1,280,000 | $3,515,000 | 174.6% | 5.3% |
First Community Bank | $4,700,000 | $3,175,000 | -32.4% | 4.8% |
FirstBank Southwest | $3,005,000 | n/a | 4.5% | |
MOVEMENT MORTGAGE, LLC | $1,710,000 | $2,985,000 | 74.6% | 4.5% |
PNC Bank | $2,695,000 | n/a | 4.1% | |
LOANDEPOT.COM, LLC | $2,210,000 | $2,430,000 | 10.0% | 3.7% |
Mortgage Research Center, LLC | $2,100,000 | $2,395,000 | 14.0% | 3.6% |
QUICKEN LOANS, LLC | $4,735,000 | $2,110,000 | -55.4% | 3.2% |
First National Bank Texas | $2,520,000 | $1,530,000 | -39.3% | 2.3% |
AMCAP MORTGAGE, LTD. | $2,190,000 | $1,500,000 | -31.5% | 2.3% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,570,000 | $1,475,000 | -6.1% | 2.2% |
Prosperity Bank | $2,640,000 | $1,190,000 | -54.9% | 1.8% |
WILLOW BEND MORTGAGE COMPANY, LLC | $1,320,000 | $1,110,000 | -15.9% | 1.7% |
NAVY FEDERAL CREDIT UNION | $890,000 | $1,000,000 | 12.4% | 1.5% |
THRIVE MORTGAGE, LLC | $600,000 | $960,000 | 60.0% | 1.5% |
Gateway First Bank | $565,000 | $910,000 | 61.1% | 1.4% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,175,000 | $895,000 | -58.9% | 1.4% |
Wells Fargo Bank | $1,180,000 | $855,000 | -27.5% | 1.3% |
GUILD MORTGAGE COMPANY | $1,930,000 | $835,000 | -56.7% | 1.3% |
GULF COAST | $910,000 | $835,000 | -8.2% | 1.3% |
TRIAD FINANCIAL SERVICES, INC. | $630,000 | $825,000 | 31.0% | 1.2% |
CMG MORTGAGE, INC. | $290,000 | $815,000 | 181.0% | 1.2% |
COUNTRYPLACE MORTGAGE, LTD. | $1,210,000 | $730,000 | -39.7% | 1.1% |
ACADEMY MORTGAGE CORPORATION | $810,000 | $725,000 | -10.5% | 1.1% |
CROSSCOUNTRY MORTGAGE, LLC | $155,000 | $715,000 | 361.3% | 1.1% |
RANDOLPH-BROOKS | $315,000 | $620,000 | 96.8% | 0.9% |
GARDNER FINANCIAL SERVICES, LTD. | $605,000 | n/a | 0.9% | |
LEADERONE FINANCIAL CORPORATION | $505,000 | $575,000 | 13.9% | 0.9% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $215,000 | $570,000 | 165.1% | 0.9% |
ValueBank Texas | $545,000 | n/a | 0.8% | |
SECURITY SERVICE | $765,000 | $530,000 | -30.7% | 0.8% |
Flagstar Bank, FSB | $215,000 | $520,000 | 141.9% | 0.8% |
UNION HOME MORTGAGE CORP. | $440,000 | n/a | 0.7% | |
GUARANTEED RATE, INC. | $490,000 | $435,000 | -11.2% | 0.7% |
PILGRIM MORTGAGE LLC | $145,000 | $420,000 | 189.7% | 0.6% |
JPMorgan Chase Bank | $115,000 | $410,000 | 256.5% | 0.6% |
ON Q FINANCIAL, INC. | $405,000 | n/a | 0.6% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $725,000 | $385,000 | -46.9% | 0.6% |
UNITED BUILT HOMES, L.L.C. | $375,000 | n/a | 0.6% | |
PENNYMAC LOAN SERVICES, LLC | $1,160,000 | $365,000 | -68.5% | 0.6% |
USAA Federal Savings Bank | $365,000 | n/a | 0.6% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $275,000 | $360,000 | 30.9% | 0.5% |
SFMC, LP | $85,000 | $355,000 | 317.6% | 0.5% |
SYNERGY FEDERAL CREDIT UNION | $560,000 | $350,000 | -37.5% | 0.5% |
ROYAL UNITED MORTGAGE LLC | $130,000 | $340,000 | 161.5% | 0.5% |
AMERISAVE MORTGAGE CORPORATION | $885,000 | $335,000 | -62.1% | 0.5% |
SOUTHWEST STAGE FUNDING, LLC | $595,000 | $325,000 | -45.4% | 0.5% |
CREDIT HUMAN FEDERAL CREDIT UNION | $75,000 | $320,000 | 326.7% | 0.5% |
LAND HOME FINANCIAL SERVICES, INC. | $305,000 | n/a | 0.5% | |
Loan Simple, Inc. | $215,000 | $275,000 | 27.9% | 0.4% |
CALCON MUTUAL MORTGAGE LLC | $235,000 | $265,000 | 12.8% | 0.4% |
Centennial Bank | $265,000 | n/a | 0.4% | |
Nations Lending Corporation | $295,000 | $265,000 | -10.2% | 0.4% |
CARDINAL FINANCIAL | $720,000 | $260,000 | -63.9% | 0.4% |
INTEGRITY MORTGAGE CORPORATION OF TEXAS | $225,000 | n/a | 0.3% | |
Plains Commerce Bank | $225,000 | n/a | 0.3% | |
Prosperity Home Mortgage, LLC | $225,000 | n/a | 0.3% | |
LENDINGHOME FUNDING CORPORATION | $105,000 | $220,000 | 109.5% | 0.3% |
RB MORTGAGE LLC | $215,000 | $220,000 | 2.3% | 0.3% |
Brighton Bank | $215,000 | n/a | 0.3% | |
CORNERSTONE HOME LENDING, INC. | $2,130,000 | $215,000 | -89.9% | 0.3% |
BROKER SOLUTIONS, INC. | $440,000 | $205,000 | -53.4% | 0.3% |
LOANPAL, LLC | $465,000 | $200,000 | -57.0% | 0.3% |
SUN WEST MORTGAGE COMPANY, INC. | $195,000 | n/a | 0.3% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $180,000 | n/a | 0.3% | |
Ameris Bank | $175,000 | n/a | 0.3% | |
A&D Mortgage LLC | $165,000 | n/a | 0.2% | |
EMM LOANS LLC | $165,000 | n/a | 0.2% | |
FINANCE OF AMERICA REVERSE LLC | $165,000 | n/a | 0.2% | |
Texas Regional Bank | $155,000 | n/a | 0.2% | |
Mr. Cooper ( Nationstar Mortgage ) | $595,000 | $150,000 | -74.8% | 0.2% |
City Bank | $145,000 | n/a | 0.2% | |
LENDSURE MORTGAGE CORP. | $145,000 | n/a | 0.2% | |
Discover Bank | $85,000 | $140,000 | 64.7% | 0.2% |
HOMEXPRESS MORTGAGE CORP. | $135,000 | n/a | 0.2% | |
Ixonia Bank | $135,000 | n/a | 0.2% | |
JMJ FINANCIAL GROUP | $135,000 | n/a | 0.2% | |
RF Renovo Management Company, LLC | $935,000 | $135,000 | -85.6% | 0.2% |
STOCKTON MORTGAGE CORPORATION | $115,000 | n/a | 0.2% | |
Bank of America | $95,000 | n/a | 0.1% | |
Frost Bank | $95,000 | n/a | 0.1% | |
NEWREZ LLC | $485,000 | $95,000 | -80.4% | 0.1% |
Generations Community Federal Credit Union | $85,000 | n/a | 0.1% | |
SPRING EQ, LLC | $85,000 | n/a | 0.1% | |
Lone Star National Bank | $85,000 | $75,000 | -11.8% | 0.1% |
NATIONS RELIABLE LENDING, LLC | $625,000 | $75,000 | -88.0% | 0.1% |
Simmons Bank | $75,000 | n/a | 0.1% |
Alice's top lender by overall market share is NAVY ARMY COMMUNITY CREDIT UNION, with 8.8% market share. In second place, with 6.1%, is 21ST MORTGAGE CORPORATION, having originated $4,035,000 in loans. In third place, with 5.3%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $3,515,000 in loans. In fourth place, with 4.8%, is First Community Bank, having originated $3,175,000 in loans. In fifth place, with 4.5%, is FirstBank Southwest, having originated $3,005,000 in loans.
Alice Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Alice (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $165,625 (20.0%) | $202,972 (23.1%) | 0.00 | 163 |
2018-02-01 | $165,125 (10.1%) | $207,033 (15.5%) | 0.00 | 151 |
2018-03-01 | $169,900 (9.4%) | $218,552 (17.1%) | 0.00 | 143 |
2018-04-01 | $171,175 (10.2%) | $223,459 (17.4%) | 0.00 | 138 |
2018-05-01 | $158,000 (2.7%) | $206,997 (8.5%) | 0.00 | 148 |
2018-06-01 | $152,400 (-2.0%) | $208,061 (8.5%) | 0.00 | 154 |
2018-07-01 | $150,125 (-2.3%) | $205,852 (8.0%) | 0.00 | 156 |
2018-08-01 | $149,250 (-4.6%) | $200,632 (5.4%) | 0.00 | 161 |
2018-09-01 | $149,000 (-0.6%) | $193,155 (2.7%) | 0.00 | 154 |
2018-10-01 | $147,500 (1.8%) | $189,109 (-3.4%) | 0.00 | 147 |
2018-11-01 | $129,370 (-14.3%) | $182,136 (-8.5%) | 0.00 | 138 |
2018-12-01 | $146,000 (-10.4%) | $187,684 (-6.9%) | 0.00 | 127 |
2019-01-01 | $147,875 (-10.7%) | $191,715 (-5.6%) | 0.00 | 123 |
2019-02-01 | $140,725 (-14.8%) | $198,482 (-4.1%) | 0.00 | 118 |
2019-03-01 | $142,900 (-15.9%) | $199,896 (-8.5%) | 0.00 | 118 |
2019-04-01 | $146,925 (-14.2%) | $197,658 (-11.6%) | 0.00 | 118 |
2019-05-01 | $149,300 (-5.5%) | $197,994 (-4.4%) | 0.00 | 123 |
2019-06-01 | $140,900 (-7.6%) | $183,956 (-11.6%) | 0.00 | 111 |
2019-07-01 | $142,550 (-5.1%) | $181,782 (-11.7%) | 0.00 | 108 |
2019-08-01 | $154,386 (3.4%) | $189,677 (-5.5%) | 0.00 | 109 |
2019-09-01 | $155,716 (4.5%) | $194,359 (0.6%) | 0.00 | 109 |
2019-10-01 | $156,602 (6.2%) | $197,480 (4.4%) | 0.00 | 108 |
2019-11-01 | $169,950 (31.4%) | $201,332 (10.5%) | 0.00 | 108 |
2019-12-01 | $153,100 (4.9%) | $191,970 (2.3%) | 0.00 | 111 |
2020-01-01 | $159,900 (8.1%) | $193,893 (1.1%) | 0.00 | 102 |
2020-02-01 | $178,250 (26.7%) | $209,247 (5.4%) | 0.00 | 105 |
2020-03-01 | $172,400 (20.6%) | $203,804 (2.0%) | 0.00 | 106 |
2020-04-01 | $164,500 (12.0%) | $197,063 (-0.3%) | 0.00 | 117 |
2020-05-01 | $169,000 (13.2%) | $198,031 (0.0%) | 0.00 | 108 |
2020-06-01 | $185,950 (32.0%) | $213,988 (16.3%) | 0.00 | 92 |
2020-07-01 | $190,675 (33.8%) | $227,989 (25.4%) | 0.00 | 84 |
2020-08-01 | $189,900 (23.0%) | $237,079 (25.0%) | 0.00 | 86 |
2020-09-01 | $212,500 (36.5%) | $243,793 (25.4%) | 0.00 | 81 |
2020-10-01 | $199,700 (27.5%) | $237,174 (20.1%) | 0.00 | 82 |
2020-11-01 | $188,925 (11.2%) | $226,697 (12.6%) | 0.00 | 74 |
2020-12-01 | $190,975 (24.7%) | $224,499 (16.9%) | 0.00 | 76 |
2021-01-01 | $188,000 (17.6%) | $220,479 (13.7%) | 0.00 | 71 |
2021-02-01 | $177,450 (-0.5%) | $218,566 (4.5%) | 0.00 | 66 |
2021-03-01 | $175,000 (1.5%) | $204,702 (0.4%) | 0.00 | 64 |
2021-04-01 | $199,625 (21.4%) | $213,748 (8.5%) | 0.00 | 58 |
2021-05-01 | $175,000 (3.6%) | $202,367 (2.2%) | 0.00 | 57 |
2021-06-01 | $183,000 (-1.6%) | $210,246 (-1.8%) | 0.00 | 52 |
2021-07-01 | $170,000 (-10.8%) | $208,058 (-8.7%) | 0.00 | 74 |
2021-08-01 | $159,000 (-16.3%) | $194,368 (-18.0%) | 0.00 | 78 |
2021-09-01 | $173,725 (-18.3%) | $210,454 (-13.7%) | 0.00 | 82 |
2021-10-01 | $175,000 (-12.4%) | $205,541 (-13.3%) | 0.00 | 88 |
2021-11-01 | $167,250 (-11.5%) | $212,416 (-6.3%) | 0.00 | 83 |
2021-12-01 | $157,750 (-17.4%) | $219,570 (-2.2%) | 0.00 | 80 |
2022-01-01 | $149,500 (-20.5%) | $200,900 (-8.9%) | 0.00 | 75 |
2022-02-01 | $154,500 (-12.9%) | $210,420 (-3.7%) | 0.00 | 65 |
2022-03-01 | $173,725 (-0.7%) | $264,353 (29.1%) | 0.00 | 68 |
2022-04-01 | $163,000 (-18.4%) | $224,469 (5.0%) | 0.00 | 66 |
2022-05-01 | $161,750 (-7.6%) | $232,396 (14.8%) | 0.00 | 69 |
2022-06-01 | $175,000 (-4.4%) | $239,441 (13.9%) | 0.00 | 79 |
2022-07-01 | $169,450 (-0.3%) | $217,440 (4.5%) | 0.00 | 87 |
2022-08-01 | $169,700 (6.7%) | $230,421 (18.6%) | 0.00 | 96 |
2022-09-01 | $169,225 (-2.6%) | $227,970 (8.3%) | 0.00 | 100 |
2022-10-01 | $169,900 (-2.9%) | $231,491 (12.6%) | 0.00 | 102 |
2022-11-01 | $167,850 (0.4%) | $226,321 (6.6%) | 0.00 | 108 |
2022-12-01 | $159,500 (1.1%) | $209,343 (-4.7%) | 0.00 | 104 |
2023-01-01 | $159,250 (6.5%) | $207,109 (3.1%) | 0.00 | 108 |
2023-02-01 | $159,000 (2.9%) | $209,001 (-0.7%) | 0.00 | 106 |
2023-03-01 | $159,250 (-8.3%) | $211,338 (-20.1%) | 0.00 | 98 |
2023-04-01 | $175,000 (7.4%) | $227,220 (1.2%) | 0.00 | 90 |
2023-05-01 | $198,075 (22.5%) | $239,432 (3.0%) | 0.00 | 97 |
2023-06-01 | $182,475 (4.3%) | $238,505 (-0.4%) | 0.00 | 100 |
2023-07-01 | $168,000 (-0.9%) | $221,175 (1.7%) | 0.00 | 92 |
2023-08-01 | $169,450 (-0.2%) | $224,527 (-2.6%) | 0.00 | 98 |
2023-09-01 | $174,900 (3.4%) | $222,558 (-2.4%) | 0.00 | 102 |
2023-10-01 | $182,500 (7.4%) | $244,715 (5.7%) | 0.00 | 100 |
2023-11-01 | $173,750 (3.5%) | $238,548 (5.4%) | 0.00 | 104 |
2023-12-01 | $187,000 (17.2%) | $259,403 (23.9%) | 0.00 | 109 |
2024-01-01 | $185,000 (16.2%) | $261,573 (26.3%) | 0.00 | 107 |
2024-02-01 | $184,375 (16.0%) | $233,940 (11.9%) | 0.00 | 109 |
2024-03-01 | $209,500 (31.6%) | $249,886 (18.2%) | 0.00 | 104 |
2024-04-01 | $219,925 (25.7%) | $273,213 (20.2%) | 0.00 | 109 |
2024-05-01 | $219,950 (11.0%) | $281,991 (17.8%) | 0.00 | 113 |
2024-06-01 | $229,500 (25.8%) | $297,472 (24.7%) | 0.00 | 127 |
2024-07-01 | $227,250 (35.3%) | $298,173 (34.8%) | 0.00 | 135 |
2024-08-01 | $225,000 (32.8%) | $294,051 (31.0%) | 0.00 | 139 |
2024-09-01 | $225,000 (28.6%) | $294,298 (32.2%) | 0.00 | 143 |
Alice's median listing price comes in at 0% of the national average.
Alice's average listing price for 2024-09-01 was $294,298, a difference of $71,740 (32.2%) versus the prior year and $247 versus the prior month.
For the 2024-09-01 period, Alice had 143 MLS listings, a difference of 4 listings (3%) versus the prior month and 41 listings (40%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Alice (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,885 sqft |
2018-02-01 | 0 days | 1,982 sqft |
2018-03-01 | 0 days | 2,100 sqft |
2018-04-01 | 0 days | 2,097 sqft |
2018-05-01 | 0 days | 1,932 sqft |
2018-06-01 | 0 days | 1,901 sqft |
2018-07-01 | 0 days | 1,823 sqft |
2018-08-01 | 0 days | 1,814 sqft |
2018-09-01 | 0 days | 1,788 sqft |
2018-10-01 | 0 days | 1,720 sqft |
2018-11-01 | 0 days | 1,708 sqft |
2018-12-01 | 0 days | 1,755 sqft |
2019-01-01 | 0 days | 1,746 sqft |
2019-02-01 | 0 days | 1,760 sqft |
2019-03-01 | 0 days | 1,760 sqft |
2019-04-01 | 0 days | 1,759 sqft |
2019-05-01 | 0 days | 1,806 sqft |
2019-06-01 | 0 days | 1,821 sqft |
2019-07-01 | 0 days | 1,794 sqft |
2019-08-01 | 0 days | 1,812 sqft |
2019-09-01 | 0 days | 1,848 sqft |
2019-10-01 | 0 days | 1,857 sqft |
2019-11-01 | 0 days | 1,820 sqft |
2019-12-01 | 0 days | 1,742 sqft |
2020-01-01 | 0 days | 1,759 sqft |
2020-02-01 | 0 days | 1,810 sqft |
2020-03-01 | 0 days | 1,805 sqft |
2020-04-01 | 0 days | 1,797 sqft |
2020-05-01 | 0 days | 1,785 sqft |
2020-06-01 | 0 days | 1,875 sqft |
2020-07-01 | 0 days | 2,027 sqft |
2020-08-01 | 0 days | 2,071 sqft |
2020-09-01 | 0 days | 2,106 sqft |
2020-10-01 | 0 days | 2,049 sqft |
2020-11-01 | 0 days | 1,857 sqft |
2020-12-01 | 0 days | 1,800 sqft |
2021-01-01 | 0 days | 1,775 sqft |
2021-02-01 | 0 days | 1,788 sqft |
2021-03-01 | 0 days | 1,757 sqft |
2021-04-01 | 0 days | 1,718 sqft |
2021-05-01 | 0 days | 1,632 sqft |
2021-06-01 | 0 days | 1,656 sqft |
2021-07-01 | 0 days | 1,716 sqft |
2021-08-01 | 0 days | 1,644 sqft |
2021-09-01 | 0 days | 1,690 sqft |
2021-10-01 | 0 days | 1,638 sqft |
2021-11-01 | 0 days | 1,711 sqft |
2021-12-01 | 0 days | 1,735 sqft |
2022-01-01 | 0 days | 1,512 sqft |
2022-02-01 | 0 days | 1,574 sqft |
2022-03-01 | 0 days | 1,632 sqft |
2022-04-01 | 0 days | 1,429 sqft |
2022-05-01 | 0 days | 1,496 sqft |
2022-06-01 | 0 days | 1,498 sqft |
2022-07-01 | 0 days | 1,490 sqft |
2022-08-01 | 0 days | 1,515 sqft |
2022-09-01 | 0 days | 1,580 sqft |
2022-10-01 | 0 days | 1,632 sqft |
2022-11-01 | 0 days | 1,602 sqft |
2022-12-01 | 0 days | 1,624 sqft |
2023-01-01 | 0 days | 1,550 sqft |
2023-02-01 | 0 days | 1,461 sqft |
2023-03-01 | 0 days | 1,446 sqft |
2023-04-01 | 0 days | 1,476 sqft |
2023-05-01 | 0 days | 1,508 sqft |
2023-06-01 | 0 days | 1,496 sqft |
2023-07-01 | 0 days | 1,503 sqft |
2023-08-01 | 0 days | 1,519 sqft |
2023-09-01 | 0 days | 1,495 sqft |
2023-10-01 | 0 days | 1,495 sqft |
2023-11-01 | 0 days | 1,487 sqft |
2023-12-01 | 0 days | 1,512 sqft |
2024-01-01 | 0 days | 1,514 sqft |
2024-02-01 | 0 days | 1,513 sqft |
2024-03-01 | 0 days | 1,542 sqft |
2024-04-01 | 0 days | 1,564 sqft |
2024-05-01 | 0 days | 1,593 sqft |
2024-06-01 | 0 days | 1,647 sqft |
2024-07-01 | 0 days | 1,662 sqft |
2024-08-01 | 0 days | 1,681 sqft |
2024-09-01 | 0 days | 1,610 sqft |
Alice's median square footage for active listings during the 2024-09-01 period was 1,610 sqft. One year prior, the average listing was 1,495 sqft.
Alice, TX Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 257 | $55,135,000 | $214,533 |
Refi | 27 | $4,785,000 | $177,222 |
Cash Out Refi | 27 | $3,905,000 | $144,630 |
Home Improvement | 12 | $1,070,000 | $89,167 |
Other | 12 | $1,220,000 | $101,667 |
Alice's most frequently cited loan purpose was Home Purchase, with 257 originations. The 2nd most popular reason was Refi, with 27 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 116 | $26,220,000 | $226,034 |
7-8% | 81 | $16,045,000 | $198,086 |
Over 8% | 67 | $8,325,000 | $124,254 |
5-6% | 33 | $7,225,000 | $218,939 |
<2.5% | 7 | $35,000 | $5,000 |
4-5% | 2 | $900,000 | $450,000 |
During 2023, Alice's most frequently originated rate bucket was 6-7%, with 116 originations.
Loan Sizing (Alice, TX MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 122 | $17,790,000 | $145,820 |
$200k-400k | 101 | $27,855,000 | $275,792 |
$100,000 or less | 94 | $6,080,000 | $64,681 |
$400k-600k | 11 | $5,295,000 | $481,364 |
$600k-1000k | 5 | $3,395,000 | $679,000 |
$Over $1MM | 2 | $5,700,000 | $2,850,000 |
Alice's loan sizing saw the bucket of loans from $100k-200k with 122 originations, totaling $17,790,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 190 | $37,970,000 | $199,842 |
60-80% | 58 | $11,980,000 | $206,552 |
40-60% | 21 | $4,915,000 | $234,048 |
Under 20% | 16 | $450,000 | $28,125 |
Over 100% | 13 | $2,385,000 | $183,462 |
20-40% | 12 | $1,040,000 | $86,667 |
Alice's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 190 originations, totaling $37,970,000 in origination value.