Altus Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Altus averaged
6.98%
for the week of 2024-12-12, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2024-12-05) was
6.87% and
one month ago for the week of 2024-11-07, the
average rate was 6.97%.
Altus's average rate one year ago was 7.11%.
For refis of the same type during the week of 2024-12-12, the average rate
was 7.1%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-12-12 | 6.6% |
Altus 30 Year Fixed Rate | 2024-12-12 | 6.98% |
Altus 30 Year Fixed Rate Refi | 2024-12-12 | 7.1% |
Altus 15 Year Fixed Rate | 2024-12-12 | 5.94% |
Altus 15 Year Fixed Rate Refi | 2024-12-12 | 5.74% |
Altus 30 Year FHA | 2024-12-12 | 6.38% |
Altus 30 Year FHA Refi | 2024-12-12 | 6.38% |
Altus 30 Year USDA | 2024-12-12 | 6.4% |
Altus 30 Year USDA Refi | 2024-12-12 | 6.1% |
Altus 30 Year VA | 2024-12-12 | 5.86% |
Altus 30 Year VA Refi | 2024-12-12 | 5.98% |
Altus 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 Altus, OK 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.).
Altus Average Closing Costs & Other Stats
Altus, OK's 29 lenders originated 384
loans during 2023. The total origination value was $71,540,000, with an average loan value of
$186,302.
Altus's average closing costs are $5,054.
The top Altus lender as defined by loan originations is INTERLINC MORTGAGE SERVICES, LLC, with
11 loans originated. Their average total fees are
$4,196, which is $1,633
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Altus lenders (with over 10 loans originated) are
INTERLINC MORTGAGE SERVICES, LLC ($4,196), .
The lowest rate Altus lenders (with over 10 loans originated) are
INTERLINC MORTGAGE SERVICES, LLC (6.92%), .
Altus, OK 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 |
---|---|---|---|---|
Mortgage Research Center, LLC | $6,995,000 | $7,855,000 | 12.3% | 11.0% |
INTERLINC MORTGAGE SERVICES, LLC | $8,665,000 | $7,295,000 | -15.8% | 10.2% |
MID AMERICA MORTGAGE, INC. | $880,000 | $6,105,000 | 593.8% | 8.5% |
QUICKEN LOANS, LLC | $6,800,000 | $4,885,000 | -28.2% | 6.8% |
NAVY FEDERAL CREDIT UNION | $1,435,000 | $2,880,000 | 100.7% | 4.0% |
Atlantic Coast Mortgage, LLC | $2,425,000 | $2,785,000 | 14.8% | 3.9% |
USAA Federal Savings Bank | $5,295,000 | $2,735,000 | -48.3% | 3.8% |
RED RIVER FEDERAL CREDIT UNION | $5,295,000 | $2,725,000 | -48.5% | 3.8% |
Armed Forces Bank | $990,000 | $1,610,000 | 62.6% | 2.3% |
PENNYMAC LOAN SERVICES, LLC | $935,000 | $1,520,000 | 62.6% | 2.1% |
MidFirst Bank | $1,200,000 | $1,475,000 | 22.9% | 2.1% |
BancFirst | $495,000 | $1,390,000 | 180.8% | 1.9% |
Paramount Residential Mortgage Group, Inc. | $125,000 | $1,335,000 | 968.0% | 1.9% |
Equity Prime Mortgage LLC | $1,070,000 | n/a | 1.5% | |
Chickasaw Community Bank | $5,155,000 | $1,015,000 | -80.3% | 1.4% |
First United Bank and Trust Company | $685,000 | $970,000 | 41.6% | 1.4% |
SUN WEST MORTGAGE COMPANY, INC. | $885,000 | n/a | 1.2% | |
PENTAGON FEDERAL CREDIT UNION | $245,000 | $875,000 | 257.1% | 1.2% |
NBC Oklahoma | $845,000 | n/a | 1.2% | |
NBKC BANK | $2,745,000 | $825,000 | -69.9% | 1.2% |
Mr. Cooper ( Nationstar Mortgage ) | $320,000 | $800,000 | 150.0% | 1.1% |
FREEDOM MORTGAGE CORPORATION | $755,000 | $715,000 | -5.3% | 1.0% |
UNITED WHOLESALE MORTGAGE, LLC | $1,080,000 | $675,000 | -37.5% | 0.9% |
F & M Bank | $510,000 | $650,000 | 27.5% | 0.9% |
Gateway First Bank | $1,060,000 | $645,000 | -39.2% | 0.9% |
Great Plains National Bank | $410,000 | $640,000 | 56.1% | 0.9% |
First National Bank of Omaha | $555,000 | n/a | 0.8% | |
NEWREZ LLC | $540,000 | n/a | 0.8% | |
MORTGAGE CLEARING CORPORATION | $535,000 | n/a | 0.7% | |
Stride Bank | $45,000 | $480,000 | 966.7% | 0.7% |
The Federal Savings Bank | $440,000 | n/a | 0.6% | |
LEGEND LENDING CORPORATION | $430,000 | n/a | 0.6% | |
NEW DAY FINANCIAL, LLC | $900,000 | $400,000 | -55.6% | 0.6% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $400,000 | n/a | 0.6% | |
BETTER MORTGAGE CORPORATION | $940,000 | $365,000 | -61.2% | 0.5% |
ALLIANT CREDIT UNION | $335,000 | n/a | 0.5% | |
Leader Bank | $315,000 | n/a | 0.4% | |
HOMEXPRESS MORTGAGE CORP. | $305,000 | n/a | 0.4% | |
PLAZA HOME MORTGAGE, INC. | $305,000 | n/a | 0.4% | |
MLD MORTGAGE INC. | $295,000 | n/a | 0.4% | |
Commerce Bank | $235,000 | $275,000 | 17.0% | 0.4% |
AMERICAN INTERNET MORTGAGE, INC. | $265,000 | n/a | 0.4% | |
CMG MORTGAGE, INC. | $265,000 | n/a | 0.4% | |
BNC National Bank | $255,000 | n/a | 0.4% | |
GSF Mortgage Corporation | $115,000 | $255,000 | 121.7% | 0.4% |
American Mortgage Bank, LLC | $245,000 | n/a | 0.3% | |
CONTOUR MORTGAGE CORPORATION | $245,000 | n/a | 0.3% | |
The Central Trust Bank | $245,000 | n/a | 0.3% | |
Wells Fargo Bank | $1,155,000 | $245,000 | -78.8% | 0.3% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $400,000 | $235,000 | -41.3% | 0.3% |
PLANET HOME LENDING, LLC | $265,000 | $235,000 | -11.3% | 0.3% |
SCOTT CREDIT UNION | $235,000 | n/a | 0.3% | |
TRISTAR FINANCE, INC. | $235,000 | n/a | 0.3% | |
BANK OF LITTLE ROCK MORTGAGE CORPORATION | $215,000 | n/a | 0.3% | |
COUNTRYPLACE MORTGAGE, LTD. | $215,000 | n/a | 0.3% | |
Farmers Bank & Trust | $215,000 | n/a | 0.3% | |
First State Bank of St. Charles, Missouri | $205,000 | n/a | 0.3% | |
Stifel Bank and Trust | $245,000 | $205,000 | -16.3% | 0.3% |
Herring Bank | $410,000 | $200,000 | -51.2% | 0.3% |
HOMESIDE FINANCIAL, LLC | $440,000 | $200,000 | -54.5% | 0.3% |
FINANCIAL CONCEPTS MORTGAGE, LLC | $195,000 | n/a | 0.3% | |
OKLAHOMA'S | $715,000 | $195,000 | -72.7% | 0.3% |
CARDINAL FINANCIAL | $195,000 | $185,000 | -5.1% | 0.3% |
Plains Commerce Bank | $155,000 | $185,000 | 19.4% | 0.3% |
Bank of England | $85,000 | $175,000 | 105.9% | 0.2% |
UNION SQUARE | $175,000 | n/a | 0.2% | |
COMMUNICATION | $145,000 | n/a | 0.2% | |
Arvest Bank | $285,000 | $140,000 | -50.9% | 0.2% |
AMERICAN FINANCIAL NETWORK, INC. | $125,000 | n/a | 0.2% | |
Bank of America | $125,000 | n/a | 0.2% | |
Capital Bank | $265,000 | $115,000 | -56.6% | 0.2% |
Prosperity Bank | $115,000 | n/a | 0.2% | |
ARC HOME LLC | $105,000 | n/a | 0.1% | |
BROKER SOLUTIONS, INC. | $360,000 | $105,000 | -70.8% | 0.1% |
LENDINGHOME FUNDING CORPORATION | $105,000 | n/a | 0.1% | |
ZILLOW HOME LOANS, LLC | $95,000 | n/a | 0.1% | |
21ST MORTGAGE CORPORATION | $520,000 | $85,000 | -83.7% | 0.1% |
Carrington Mortgage Services, LLC | $535,000 | $85,000 | -84.1% | 0.1% |
CROSSCOUNTRY MORTGAGE, LLC | $910,000 | $85,000 | -90.7% | 0.1% |
First National Bank and Trust Company | $85,000 | n/a | 0.1% | |
InterBank | $85,000 | n/a | 0.1% | |
Northpointe Bank | $85,000 | n/a | 0.1% | |
PNC Bank | $85,000 | n/a | 0.1% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $75,000 | n/a | 0.1% | |
SPRING EQ, LLC | $75,000 | n/a | 0.1% | |
United Fidelity Funding Corp. | $75,000 | n/a | 0.1% | |
First Liberty Bank | $70,000 | n/a | 0.1% | |
U.S. Bank | $245,000 | $45,000 | -81.6% | 0.1% |
Tinker Federal Credit Union | $35,000 | n/a | 0.0% | |
All America Bank | $90,000 | $25,000 | -72.2% | 0.0% |
Citizens Bank | $25,000 | n/a | 0.0% | |
Coastal Community Bank | $25,000 | n/a | 0.0% | |
Figure Lending LLC | $15,000 | n/a | 0.0% |
Altus's top lender by overall market share is Mortgage Research Center, LLC, with 11.0% market share. In second place, with 10.2%, is INTERLINC MORTGAGE SERVICES, LLC, having originated $7,295,000 in loans. In third place, with 8.5%, is MID AMERICA MORTGAGE, INC., having originated $6,105,000 in loans. In fourth place, with 6.8%, is QUICKEN LOANS, LLC, having originated $4,885,000 in loans. In fifth place, with 4.0%, is NAVY FEDERAL CREDIT UNION, having originated $2,880,000 in loans.
Altus Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Altus (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 | $120,000 (-10.9%) | $129,086 (-11.3%) | 0.00 | 141 |
2018-02-01 | $128,000 (-5.2%) | $132,090 (-8.3%) | 0.00 | 141 |
2018-03-01 | $132,500 (-5.0%) | $135,664 (-6.1%) | 0.00 | 143 |
2018-04-01 | $141,375 (1.0%) | $141,690 (-1.0%) | 0.00 | 168 |
2018-05-01 | $145,875 (6.3%) | $143,454 (0.4%) | 0.00 | 190 |
2018-06-01 | $139,950 (-1.8%) | $141,600 (-1.9%) | 0.00 | 199 |
2018-07-01 | $139,675 (-2.0%) | $140,440 (-1.8%) | 0.00 | 208 |
2018-08-01 | $141,200 (0.0%) | $141,792 (-0.8%) | 0.00 | 217 |
2018-09-01 | $145,500 (7.8%) | $145,763 (5.1%) | 0.00 | 207 |
2018-10-01 | $148,300 (9.9%) | $152,288 (10.6%) | 0.00 | 209 |
2018-11-01 | $145,500 (17.6%) | $149,755 (13.5%) | 0.00 | 204 |
2018-12-01 | $142,000 (15.9%) | $146,279 (13.2%) | 0.00 | 203 |
2019-01-01 | $139,625 (16.4%) | $145,219 (12.5%) | 0.00 | 185 |
2019-02-01 | $137,675 (7.6%) | $144,090 (9.1%) | 0.00 | 176 |
2019-03-01 | $136,714 (3.2%) | $145,193 (7.0%) | 0.00 | 166 |
2019-04-01 | $135,000 (-4.5%) | $145,340 (2.6%) | 0.00 | 151 |
2019-05-01 | $132,650 (-9.1%) | $147,963 (3.1%) | 0.00 | 156 |
2019-06-01 | $137,900 (-1.5%) | $151,684 (7.1%) | 0.00 | 147 |
2019-07-01 | $137,350 (-1.7%) | $153,908 (9.6%) | 0.00 | 128 |
2019-08-01 | $135,817 (-3.8%) | $150,895 (6.4%) | 0.00 | 127 |
2019-09-01 | $132,542 (-8.9%) | $145,865 (0.1%) | 0.00 | 132 |
2019-10-01 | $129,993 (-12.3%) | $141,708 (-7.0%) | 0.00 | 134 |
2019-11-01 | $124,900 (-14.2%) | $137,841 (-8.0%) | 0.00 | 119 |
2019-12-01 | $124,250 (-12.5%) | $138,787 (-5.1%) | 0.00 | 117 |
2020-01-01 | $113,500 (-18.7%) | $135,723 (-6.5%) | 0.00 | 115 |
2020-02-01 | $99,000 (-28.1%) | $126,674 (-12.1%) | 0.00 | 107 |
2020-03-01 | $118,225 (-13.5%) | $138,711 (-4.5%) | 0.00 | 101 |
2020-04-01 | $127,725 (-5.4%) | $140,690 (-3.2%) | 0.00 | 98 |
2020-05-01 | $134,900 (1.7%) | $148,664 (0.5%) | 0.00 | 91 |
2020-06-01 | $125,500 (-9.0%) | $141,696 (-6.6%) | 0.00 | 77 |
2020-07-01 | $127,250 (-7.4%) | $143,333 (-6.9%) | 0.00 | 67 |
2020-08-01 | $144,500 (6.4%) | $153,329 (1.6%) | 0.00 | 61 |
2020-09-01 | $144,850 (9.3%) | $151,924 (4.2%) | 0.00 | 65 |
2020-10-01 | $149,000 (14.6%) | $148,203 (4.6%) | 0.00 | 62 |
2020-11-01 | $118,750 (-4.9%) | $139,641 (1.3%) | 0.00 | 54 |
2020-12-01 | $129,625 (4.3%) | $148,288 (6.9%) | 0.00 | 49 |
2021-01-01 | $125,000 (10.1%) | $146,417 (7.9%) | 0.00 | 38 |
2021-02-01 | $99,750 (0.8%) | $131,907 (4.1%) | 0.00 | 43 |
2021-03-01 | $121,125 (2.5%) | $162,585 (17.2%) | 0.00 | 36 |
2021-04-01 | $119,950 (-6.1%) | $165,249 (17.5%) | 0.00 | 30 |
2021-05-01 | $137,900 (2.2%) | $200,344 (34.8%) | 0.00 | 32 |
2021-06-01 | $166,850 (33.0%) | $174,453 (23.1%) | 0.00 | 30 |
2021-07-01 | $139,500 (9.6%) | $157,690 (10.0%) | 0.00 | 25 |
2021-08-01 | $159,000 (10.0%) | $173,696 (13.3%) | 0.00 | 32 |
2021-09-01 | $148,000 (2.2%) | $164,857 (8.5%) | 0.00 | 32 |
2021-10-01 | $139,900 (-6.1%) | $163,477 (10.3%) | 0.00 | 39 |
2021-11-01 | $175,200 (47.5%) | $172,563 (23.6%) | 0.00 | 41 |
2021-12-01 | $180,975 (39.6%) | $173,304 (16.9%) | 0.00 | 36 |
2022-01-01 | $135,000 (8.0%) | $161,226 (10.1%) | 0.00 | 30 |
2022-02-01 | $144,500 (44.9%) | $163,890 (24.3%) | 0.00 | 26 |
2022-03-01 | $146,250 (20.7%) | $162,059 (-0.3%) | 0.00 | 21 |
2022-04-01 | $166,000 (38.4%) | $182,761 (10.6%) | 0.00 | 20 |
2022-05-01 | $160,000 (16.0%) | $169,153 (-15.6%) | 0.00 | 27 |
2022-06-01 | $163,125 (-2.2%) | $171,125 (-1.9%) | 0.00 | 38 |
2022-07-01 | $155,000 (11.1%) | $174,579 (10.7%) | 0.00 | 42 |
2022-08-01 | $164,950 (3.7%) | $175,426 (1.0%) | 0.00 | 42 |
2022-09-01 | $173,756 (17.4%) | $184,392 (11.9%) | 0.00 | 38 |
2022-10-01 | $177,000 (26.5%) | $181,705 (11.2%) | 0.00 | 44 |
2022-11-01 | $179,000 (2.2%) | $182,891 (6.0%) | 0.00 | 44 |
2022-12-01 | $162,000 (-10.5%) | $181,385 (4.7%) | 0.00 | 45 |
2023-01-01 | $149,500 (10.7%) | $171,759 (6.5%) | 0.00 | 45 |
2023-02-01 | $117,500 (-18.7%) | $177,307 (8.2%) | 0.00 | 48 |
2023-03-01 | $156,125 (6.8%) | $191,608 (18.2%) | 0.00 | 51 |
2023-04-01 | $175,000 (5.4%) | $211,349 (15.6%) | 0.00 | 59 |
2023-05-01 | $206,175 (28.9%) | $220,867 (30.6%) | 0.00 | 52 |
2023-06-01 | $213,225 (30.7%) | $227,709 (33.1%) | 0.00 | 67 |
2023-07-01 | $205,000 (32.3%) | $229,706 (31.6%) | 0.00 | 62 |
2023-08-01 | $172,500 (4.6%) | $224,719 (28.1%) | 0.00 | 65 |
2023-09-01 | $160,000 (-7.9%) | $224,584 (21.8%) | 0.00 | 68 |
2023-10-01 | $167,200 (-5.5%) | $228,249 (25.6%) | 0.00 | 65 |
2023-11-01 | $178,725 (-0.2%) | $233,521 (27.7%) | 0.00 | 64 |
2023-12-01 | $199,000 (22.8%) | $248,823 (37.2%) | 0.00 | 60 |
2024-01-01 | $210,000 (40.5%) | $260,057 (51.4%) | 0.00 | 58 |
2024-02-01 | $204,700 (74.2%) | $254,848 (43.7%) | 0.00 | 58 |
2024-03-01 | $205,000 (31.3%) | $249,132 (30.0%) | 0.00 | 58 |
2024-04-01 | $242,000 (38.3%) | $256,685 (21.5%) | 0.00 | 60 |
2024-05-01 | $259,750 (26.0%) | $273,039 (23.6%) | 0.00 | 76 |
2024-06-01 | $250,000 (17.3%) | $258,486 (13.5%) | 0.00 | 77 |
2024-07-01 | $228,700 (11.6%) | $243,275 (5.9%) | 0.00 | 86 |
2024-08-01 | $221,500 (28.4%) | $247,010 (9.9%) | 0.00 | 84 |
2024-09-01 | $221,125 (38.2%) | $251,479 (12.0%) | 0.00 | 92 |
2024-10-01 | $219,800 (31.5%) | $239,779 (5.1%) | 0.00 | 97 |
2024-11-01 | $222,500 (24.5%) | $236,954 (1.5%) | 0.00 | 101 |
Altus's median listing price comes in at 0% of the national average.
Altus's average listing price for 2024-11-01 was $236,954, a difference of $3,433 (1.5%) versus the prior year and $-2,825 versus the prior month.
For the 2024-11-01 period, Altus had 101 MLS listings, a difference of 4 listings (4%) versus the prior month and 37 listings (58%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Altus (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,616 sqft |
2018-02-01 | 0 days | 1,666 sqft |
2018-03-01 | 0 days | 1,676 sqft |
2018-04-01 | 0 days | 1,748 sqft |
2018-05-01 | 0 days | 1,775 sqft |
2018-06-01 | 0 days | 1,764 sqft |
2018-07-01 | 0 days | 1,750 sqft |
2018-08-01 | 0 days | 1,748 sqft |
2018-09-01 | 0 days | 1,797 sqft |
2018-10-01 | 0 days | 1,804 sqft |
2018-11-01 | 0 days | 1,796 sqft |
2018-12-01 | 0 days | 1,748 sqft |
2019-01-01 | 0 days | 1,752 sqft |
2019-02-01 | 0 days | 1,738 sqft |
2019-03-01 | 0 days | 1,731 sqft |
2019-04-01 | 0 days | 1,714 sqft |
2019-05-01 | 0 days | 1,690 sqft |
2019-06-01 | 0 days | 1,750 sqft |
2019-07-01 | 0 days | 1,809 sqft |
2019-08-01 | 0 days | 1,780 sqft |
2019-09-01 | 0 days | 1,746 sqft |
2019-10-01 | 0 days | 1,699 sqft |
2019-11-01 | 0 days | 1,650 sqft |
2019-12-01 | 0 days | 1,651 sqft |
2020-01-01 | 0 days | 1,645 sqft |
2020-02-01 | 0 days | 1,551 sqft |
2020-03-01 | 0 days | 1,672 sqft |
2020-04-01 | 0 days | 1,689 sqft |
2020-05-01 | 0 days | 1,800 sqft |
2020-06-01 | 0 days | 1,703 sqft |
2020-07-01 | 0 days | 1,667 sqft |
2020-08-01 | 0 days | 1,845 sqft |
2020-09-01 | 0 days | 1,811 sqft |
2020-10-01 | 0 days | 1,821 sqft |
2020-11-01 | 0 days | 1,756 sqft |
2020-12-01 | 0 days | 1,800 sqft |
2021-01-01 | 0 days | 1,803 sqft |
2021-02-01 | 0 days | 1,685 sqft |
2021-03-01 | 0 days | 1,814 sqft |
2021-04-01 | 0 days | 1,808 sqft |
2021-05-01 | 0 days | 1,815 sqft |
2021-06-01 | 0 days | 1,787 sqft |
2021-07-01 | 0 days | 1,803 sqft |
2021-08-01 | 0 days | 1,955 sqft |
2021-09-01 | 0 days | 1,858 sqft |
2021-10-01 | 0 days | 1,780 sqft |
2021-11-01 | 0 days | 1,836 sqft |
2021-12-01 | 0 days | 1,837 sqft |
2022-01-01 | 0 days | 1,696 sqft |
2022-02-01 | 0 days | 1,725 sqft |
2022-03-01 | 0 days | 1,572 sqft |
2022-04-01 | 0 days | 1,638 sqft |
2022-05-01 | 0 days | 1,707 sqft |
2022-06-01 | 0 days | 1,699 sqft |
2022-07-01 | 0 days | 1,694 sqft |
2022-08-01 | 0 days | 1,704 sqft |
2022-09-01 | 0 days | 1,826 sqft |
2022-10-01 | 0 days | 1,858 sqft |
2022-11-01 | 0 days | 1,822 sqft |
2022-12-01 | 0 days | 1,871 sqft |
2023-01-01 | 0 days | 1,720 sqft |
2023-02-01 | 0 days | 1,759 sqft |
2023-03-01 | 0 days | 1,839 sqft |
2023-04-01 | 0 days | 1,833 sqft |
2023-05-01 | 0 days | 1,985 sqft |
2023-06-01 | 0 days | 1,956 sqft |
2023-07-01 | 0 days | 1,813 sqft |
2023-08-01 | 0 days | 1,704 sqft |
2023-09-01 | 0 days | 1,700 sqft |
2023-10-01 | 0 days | 1,703 sqft |
2023-11-01 | 0 days | 1,670 sqft |
2023-12-01 | 0 days | 1,746 sqft |
2024-01-01 | 0 days | 1,797 sqft |
2024-02-01 | 0 days | 1,831 sqft |
2024-03-01 | 0 days | 1,833 sqft |
2024-04-01 | 0 days | 1,887 sqft |
2024-05-01 | 0 days | 1,969 sqft |
2024-06-01 | 0 days | 1,888 sqft |
2024-07-01 | 0 days | 1,886 sqft |
2024-08-01 | 0 days | 1,811 sqft |
2024-09-01 | 0 days | 1,958 sqft |
2024-10-01 | 0 days | 1,881 sqft |
2024-11-01 | 0 days | 1,814 sqft |
Altus's median square footage for active listings during the 2024-11-01 period was 1,814 sqft. One year prior, the average listing was 1,670 sqft.
Altus, OK Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 306 | $63,400,000 | $207,190 |
Cash Out Refi | 25 | $3,445,000 | $137,800 |
Home Improvement | 23 | $1,255,000 | $54,565 |
Refi | 23 | $3,155,000 | $137,174 |
Other | 7 | $285,000 | $40,714 |
Altus's most frequently cited loan purpose was Home Purchase, with 306 originations. The 2nd most popular reason was Cash Out Refi, with 25 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 153 | $32,605,000 | $213,105 |
7-8% | 95 | $17,435,000 | $183,526 |
5-6% | 55 | $13,235,000 | $240,636 |
Over 8% | 30 | $2,680,000 | $89,333 |
<2.5% | 12 | $1,560,000 | $130,000 |
4-5% | 4 | $570,000 | $142,500 |
3-4% | 1 | $295,000 | $295,000 |
During 2023, Altus's most frequently originated rate bucket was 6-7%, with 153 originations.
Loan Sizing (Altus, OK MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 151 | $41,525,000 | $275,000 |
$100k-200k | 115 | $16,985,000 | $147,696 |
$100,000 or less | 104 | $6,330,000 | $60,865 |
$400k-600k | 13 | $6,085,000 | $468,077 |
$600k-1000k | 1 | $615,000 | $615,000 |
Altus's loan sizing saw the bucket of loans from $200k-400k with 151 originations, totaling $41,525,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 218 | $44,530,000 | $204,266 |
60-80% | 56 | $9,960,000 | $177,857 |
Over 100% | 37 | $10,585,000 | $286,081 |
20-40% | 17 | $895,000 | $52,647 |
40-60% | 10 | $1,290,000 | $129,000 |
Under 20% | 9 | $285,000 | $31,667 |
Altus's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 218 originations, totaling $44,530,000 in origination value.