BEAUMONT - PORT ARTHUR Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Beaumont - Port Arthur averaged
6.75%
for the week of 2025-05-22, compared to the national average of
6.86% for the same period.
The average rate for the prior week (2025-05-15) was
7.1% and
one month ago for the week of 2025-04-17, the
average rate was 6.92%.
Beaumont - Port Arthur's average rate one year ago was 6.91%.
For refis of the same type during the week of 2025-05-22, the average rate
was 7.14%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-05-22 | 6.86% |
| Beaumont - Port Arthur 30 Year Fixed Rate | 2025-05-22 | 6.75% |
| Beaumont - Port Arthur 30 Year Fixed Rate Refi | 2025-05-22 | 7.14% |
| Beaumont - Port Arthur 15 Year Fixed Rate | 2025-05-22 | 7.07% |
| Beaumont - Port Arthur 15 Year Fixed Rate Refi | 2025-05-22 | 6.11% |
| Beaumont - Port Arthur 30 Year FHA | 2025-05-22 | 6.69% |
| Beaumont - Port Arthur 30 Year FHA Refi | 2025-05-22 | 6.61% |
| Beaumont - Port Arthur 30 Year USDA | 2025-05-22 | 6.43% |
| Beaumont - Port Arthur 30 Year USDA Refi | 2025-05-22 | 6.23% |
| Beaumont - Port Arthur 30 Year VA | 2025-05-22 | 6.79% |
| Beaumont - Port Arthur 30 Year VA Refi | 2025-05-22 | 5.89% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BEAUMONT-PORT ARTHUR, TX.
BEAUMONT - PORT ARTHUR 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 BEAUMONT-PORT ARTHUR, 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.).
BEAUMONT - PORT ARTHUR Average Closing Costs & Other Stats
BEAUMONT-PORT ARTHUR, TX's 146 lenders originated 4,924
loans during 2024. The total origination value was $1,009,930,000, with an average loan value of
$205,104.
BEAUMONT - PORT ARTHUR's average closing costs are $6,471.
The top BEAUMONT - PORT ARTHUR lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
163 loans originated. Their average total fees are
$7,872, which is $1,149
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee BEAUMONT - PORT ARTHUR lenders (with over 10 loans originated) are
GUARANTEED RATE AFFINITY, LLC ($1,886), DSLD MORTGAGE, LLC ($2,029), DHI MORTGAGE COMPANY, LTD. ($3,380), JPMorgan Chase Bank ($4,327) and MOBILOIL ($4,550).
The lowest rate BEAUMONT - PORT ARTHUR lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. (5.66%), DSLD MORTGAGE, LLC (6.23%), FBC MORTGAGE, LLC (6.48%), Wells Fargo Bank (6.48%) and UNION HOME MORTGAGE CORP. (6.51%).
BEAUMONT-PORT ARTHUR, 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $65,685,000 | $79,525,000 | 21.1% | 7.9% |
| GUILD MORTGAGE COMPANY | $36,155,000 | $61,795,000 | 70.9% | 6.1% |
| NECHES | $51,645,000 | $54,165,000 | 4.9% | 5.4% |
| QUICKEN LOANS, LLC | $38,280,000 | $43,120,000 | 12.6% | 4.3% |
| First Financial Bank | $45,300,000 | $38,980,000 | -14.0% | 3.9% |
| CROSSCOUNTRY MORTGAGE, LLC | $3,275,000 | $36,190,000 | 1,005.0% | 3.6% |
| FIVEPOINT CREDIT UNION | $32,605,000 | $30,565,000 | -6.3% | 3.0% |
| CANOPY MORTGAGE, LLC | $135,000 | $26,720,000 | 19,692.6% | 2.6% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $27,355,000 | $26,515,000 | -3.1% | 2.6% |
| Barings Multifamily Capital | $3,775,000 | $24,575,000 | 551.0% | 2.4% |
| DUGOOD FEDERAL CREDIT UNION | $19,165,000 | $24,075,000 | 25.6% | 2.4% |
| DHI MORTGAGE COMPANY, LTD. | $16,210,000 | $23,525,000 | 45.1% | 2.3% |
| Mortgage Research Center, LLC | $18,310,000 | $22,480,000 | 22.8% | 2.2% |
| Flagstar Bank, FSB | $8,780,000 | $18,180,000 | 107.1% | 1.8% |
| EVERETT FINANCIAL, INC. | $13,085,000 | $16,945,000 | 29.5% | 1.7% |
| 21ST MORTGAGE CORPORATION | $17,205,000 | $16,320,000 | -5.1% | 1.6% |
| FBC MORTGAGE, LLC | $20,810,000 | $15,980,000 | -23.2% | 1.6% |
| FREEDOM MORTGAGE CORPORATION | $3,935,000 | $15,435,000 | 292.2% | 1.5% |
| MOBILOIL | $16,785,000 | $14,705,000 | -12.4% | 1.5% |
| MCT Credit Union | $22,720,000 | $14,305,000 | -37.0% | 1.4% |
| NATIONS RELIABLE LENDING, LLC | $2,020,000 | $13,870,000 | 586.6% | 1.4% |
| Cedar Rapids Bank and Trust Company | $12,465,000 | $13,805,000 | 10.8% | 1.4% |
| EDUCATION FIRST | $16,165,000 | $12,320,000 | -23.8% | 1.2% |
| OPEN MORTGAGE, LLC | $19,785,000 | $11,815,000 | -40.3% | 1.2% |
| JPMorgan Chase Bank | $10,560,000 | $10,845,000 | 2.7% | 1.1% |
| Bank OZK | $10,735,000 | n/a | 1.1% | |
| Gateway First Bank | $20,300,000 | $10,595,000 | -47.8% | 1.0% |
| American Mortgage Bank, LLC | $855,000 | $10,205,000 | 1,093.6% | 1.0% |
| Sabine Federal Credit Union | $9,095,000 | $9,845,000 | 8.2% | 1.0% |
| ORIX REAL ESTATE CAPITAL, LLC | $8,255,000 | n/a | 0.8% | |
| CBRE MULTIFAMILY CAPITAL, INC. | $8,205,000 | n/a | 0.8% | |
| DSLD MORTGAGE, LLC | $9,145,000 | $8,185,000 | -10.5% | 0.8% |
| City Bank | $4,695,000 | $7,920,000 | 68.7% | 0.8% |
| UNION HOME MORTGAGE CORP. | $5,010,000 | $7,520,000 | 50.1% | 0.7% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,885,000 | $7,480,000 | 159.3% | 0.7% |
| SOUTHWEST FUNDING, LP | $7,175,000 | n/a | 0.7% | |
| Mr. Cooper ( Nationstar Mortgage ) | $3,295,000 | $6,415,000 | 94.7% | 0.6% |
| CMG MORTGAGE, INC. | $4,860,000 | $6,225,000 | 28.1% | 0.6% |
| MID AMERICA MORTGAGE, INC. | $6,760,000 | $6,035,000 | -10.7% | 0.6% |
| PENNYMAC LOAN SERVICES, LLC | $3,480,000 | $5,995,000 | 72.3% | 0.6% |
| Southern Bank | $5,860,000 | n/a | 0.6% | |
| BROKER SOLUTIONS, INC. | $1,705,000 | $5,565,000 | 226.4% | 0.6% |
| GUARANTEED RATE AFFINITY, LLC | $3,875,000 | $5,260,000 | 35.7% | 0.5% |
| Equity Prime Mortgage LLC | $2,285,000 | $5,035,000 | 120.4% | 0.5% |
| GULF CREDIT UNION | $3,715,000 | $4,830,000 | 30.0% | 0.5% |
| Network Funding, L.P. | $3,320,000 | $4,665,000 | 40.5% | 0.5% |
| AMERICAN FINANCIAL NETWORK, INC. | $3,975,000 | $4,655,000 | 17.1% | 0.5% |
| NEWREZ LLC | $2,860,000 | $4,495,000 | 57.2% | 0.4% |
| Hamilton Mortgage Corporation | $1,565,000 | $4,385,000 | 180.2% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $8,170,000 | $4,375,000 | -46.5% | 0.4% |
| GUARANTEED RATE, INC. | $5,995,000 | $4,325,000 | -27.9% | 0.4% |
| PNC Bank | $4,100,000 | $4,275,000 | 4.3% | 0.4% |
| Wells Fargo Bank | $6,180,000 | $4,185,000 | -32.3% | 0.4% |
| LOANDEPOT.COM, LLC | $7,800,000 | $3,820,000 | -51.0% | 0.4% |
| CommunityBank of Texas, N.A. | $41,945,000 | $3,685,000 | -91.2% | 0.4% |
| Prosperity Bank | $2,600,000 | $3,615,000 | 39.0% | 0.4% |
| USAA Federal Savings Bank | $1,710,000 | $3,160,000 | 84.8% | 0.3% |
| Paramount Residential Mortgage Group, Inc. | $675,000 | $3,095,000 | 358.5% | 0.3% |
| PREMIA MORTGAGE, LLC | $4,635,000 | $2,925,000 | -36.9% | 0.3% |
| Bank of America | $3,300,000 | $2,850,000 | -13.6% | 0.3% |
| V.I.P. MORTGAGE, INC. | $2,260,000 | $2,805,000 | 24.1% | 0.3% |
| Plains Commerce Bank | $2,330,000 | $2,800,000 | 20.2% | 0.3% |
| Century Mortgage Company DBA Century Lending Company | $2,025,000 | $2,790,000 | 37.8% | 0.3% |
| TRIAD FINANCIAL SERVICES, INC. | $4,225,000 | $2,790,000 | -34.0% | 0.3% |
| VILLAGE CAPITAL MORTGAGE | $540,000 | $2,745,000 | 408.3% | 0.3% |
| ZILLOW HOME LOANS, LLC | $2,165,000 | $2,740,000 | 26.6% | 0.3% |
| RADIUS FINANCIAL GROUP INC. | $285,000 | $2,720,000 | 854.4% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,990,000 | $2,680,000 | 34.7% | 0.3% |
| AmeriHome Mortgage Company, LLC | $2,565,000 | n/a | 0.3% | |
| BancorpSouth | $260,000 | $2,400,000 | 823.1% | 0.2% |
| ROYAL UNITED MORTGAGE LLC | $1,525,000 | $2,395,000 | 57.0% | 0.2% |
| The Loan Store, Inc. | $1,215,000 | $2,135,000 | 75.7% | 0.2% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,995,000 | $1,980,000 | -0.8% | 0.2% |
| CARDINAL FINANCIAL | $5,625,000 | $1,970,000 | -65.0% | 0.2% |
| Carrington Mortgage Services, LLC | $750,000 | $1,870,000 | 149.3% | 0.2% |
| PLAZA HOME MORTGAGE, INC. | $1,915,000 | $1,870,000 | -2.3% | 0.2% |
| PLANET HOME LENDING, LLC | $370,000 | $1,815,000 | 390.5% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $1,555,000 | n/a | 0.2% | |
| SUN WEST MORTGAGE COMPANY, INC. | $630,000 | $1,425,000 | 126.2% | 0.1% |
| MORTGAGE FINANCIAL SERVICES, LLC | $825,000 | $1,335,000 | 61.8% | 0.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $2,365,000 | $1,265,000 | -46.5% | 0.1% |
| TEXAS DOW EMPLOYEES CREDIT UNION | $1,200,000 | $1,250,000 | 4.2% | 0.1% |
| SYNERGY FEDERAL CREDIT UNION | $930,000 | $1,230,000 | 32.3% | 0.1% |
| OCMBC, INC. | $195,000 | $1,160,000 | 494.9% | 0.1% |
| LOANPAL, LLC | $1,550,000 | $1,140,000 | -26.5% | 0.1% |
| RBC Bank, (Georgia) | $1,135,000 | n/a | 0.1% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $11,875,000 | $1,105,000 | -90.7% | 0.1% |
| UNITED BUILT HOMES, L.L.C. | $1,620,000 | $1,065,000 | -34.3% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $860,000 | $1,060,000 | 23.3% | 0.1% |
| MORTGAGE ACCESS CORP. | $1,125,000 | $1,045,000 | -7.1% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $105,000 | $1,040,000 | 890.5% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $1,460,000 | $985,000 | -32.5% | 0.1% |
| Lakeview Community Capital, LLC | $280,000 | $975,000 | 248.2% | 0.1% |
| A&D Mortgage LLC | $1,430,000 | $965,000 | -32.5% | 0.1% |
| NexBank | $995,000 | $960,000 | -3.5% | 0.1% |
| T2 FINANCIAL LLC | $9,155,000 | $910,000 | -90.1% | 0.1% |
| COUNTRYPLACE MORTGAGE, LTD. | $365,000 | $880,000 | 141.1% | 0.1% |
| MOVEMENT MORTGAGE, LLC | $180,000 | $870,000 | 383.3% | 0.1% |
| Northpointe Bank | $870,000 | n/a | 0.1% | |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $105,000 | $870,000 | 728.6% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $1,035,000 | $865,000 | -16.4% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $615,000 | $845,000 | 37.4% | 0.1% |
| CHEVRON | $830,000 | $840,000 | 1.2% | 0.1% |
| FIDELITY BANK | $840,000 | n/a | 0.1% | |
| GMFS LLC | $305,000 | $840,000 | 175.4% | 0.1% |
| Truist | $530,000 | $830,000 | 56.6% | 0.1% |
| LENDINGHOME FUNDING CORPORATION | $1,080,000 | $800,000 | -25.9% | 0.1% |
| Sierra Pacific Mortgage Company, Inc. | $800,000 | n/a | 0.1% | |
| Hometown Equity Mortgage, LLC | $890,000 | $785,000 | -11.8% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $2,000,000 | $770,000 | -61.5% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $1,160,000 | $755,000 | -34.9% | 0.1% |
| Renasant Bank | $2,310,000 | $740,000 | -68.0% | 0.1% |
| WILLOW BEND MORTGAGE COMPANY, LLC | $11,610,000 | $720,000 | -93.8% | 0.1% |
| Mid-Continent Funding, Inc. | $430,000 | $715,000 | 66.3% | 0.1% |
| Southside Bank | $105,000 | $705,000 | 571.4% | 0.1% |
| Regions Bank | $3,040,000 | $690,000 | -77.3% | 0.1% |
| Discover Bank | $775,000 | $685,000 | -11.6% | 0.1% |
| HOMETRUST MORTGAGE COMPANY | $570,000 | $685,000 | 20.2% | 0.1% |
| STANDARD MORTGAGE CORPORATION | $675,000 | n/a | 0.1% | |
| Farm Credit Mid-America, ACA | $605,000 | $670,000 | 10.7% | 0.1% |
| First Federal Bank | $215,000 | $660,000 | 207.0% | 0.1% |
| Alcova Mortgage LLC | $655,000 | n/a | 0.1% | |
| DEEPHAVEN MORTGAGE LLC | $315,000 | $650,000 | 106.3% | 0.1% |
| Loan Simple, Inc. | $1,515,000 | $645,000 | -57.4% | 0.1% |
| AMWEST FUNDING CORP. | $800,000 | $625,000 | -21.9% | 0.1% |
| UIF CORPORATION | $620,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $485,000 | $615,000 | 26.8% | 0.1% |
| Pinnacle Bank | $610,000 | n/a | 0.1% | |
| LRS FINANCIAL NETWORK, INC. | $595,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $685,000 | $590,000 | -13.9% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $2,545,000 | $590,000 | -76.8% | 0.1% |
| AMERICAN HERITAGE LENDING, INC. | $465,000 | $580,000 | 24.7% | 0.1% |
| Central National Bank | $575,000 | n/a | 0.1% | |
| SFMC, LP | $560,000 | n/a | 0.1% | |
| BETTER MORTGAGE CORPORATION | $1,210,000 | $555,000 | -54.1% | 0.1% |
| COMMUNITY RESOURCE CREDIT UNION | $445,000 | $545,000 | 22.5% | 0.1% |
| LIMA ONE CAPITAL, LLC | $7,605,000 | $545,000 | -92.8% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $2,850,000 | $535,000 | -81.2% | 0.1% |
| The First Liberty National Bank | $800,000 | $535,000 | -33.1% | 0.1% |
| Baxter Credit Union | $105,000 | $525,000 | 400.0% | 0.1% |
| Commerce Home Mortgage, Inc. | $450,000 | $510,000 | 13.3% | 0.1% |
| U.S. Bank | $2,105,000 | $500,000 | -76.2% | 0.0% |
| American Mortgage & Equity Consultants, Inc. | $525,000 | $470,000 | -10.5% | 0.0% |
| AAXY L.L.C. | $465,000 | n/a | 0.0% | |
| Nations Lending Corporation | $335,000 | $460,000 | 37.3% | 0.0% |
| NBH Bank | $455,000 | n/a | 0.0% | |
| Prosperity Home Mortgage, LLC | $510,000 | $430,000 | -15.7% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $110,000 | $425,000 | 286.4% | 0.0% |
| State Department Federal Credit Union | $425,000 | n/a | 0.0% | |
| Trinity Oaks Mortgage, LLC | $425,000 | n/a | 0.0% | |
| NETWORK CAPITAL FUNDING CORPORATION | $420,000 | n/a | 0.0% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $4,565,000 | $410,000 | -91.0% | 0.0% |
| NAVY ARMY COMMUNITY CREDIT UNION | $115,000 | $405,000 | 252.2% | 0.0% |
| AFFORDABLE MORTGAGE ADVISORS, LLC. | $400,000 | n/a | 0.0% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,425,000 | $395,000 | -72.3% | 0.0% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $395,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $980,000 | $395,000 | -59.7% | 0.0% |
| Credit Union of Texas | $390,000 | $390,000 | 0.0% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $390,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $745,000 | $390,000 | -47.7% | 0.0% |
| Sunflower Bank | $1,200,000 | $380,000 | -68.3% | 0.0% |
| FIRST SERVICE Credit Union | $225,000 | $375,000 | 66.7% | 0.0% |
| FUNDLOANS CAPITAL | $375,000 | n/a | 0.0% | |
| JSC | $115,000 | $370,000 | 221.7% | 0.0% |
| S1L, Inc. | $495,000 | $370,000 | -25.3% | 0.0% |
| SeaTrust Mortgage Company | $365,000 | n/a | 0.0% | |
| Hancock Whitney Bank | $475,000 | $360,000 | -24.2% | 0.0% |
| Farmers Bank & Trust | $355,000 | n/a | 0.0% | |
| BM Real Estate Services, Inc. | $345,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $115,000 | $340,000 | 195.7% | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | $520,000 | $335,000 | -35.6% | 0.0% |
| Independent Bank | $455,000 | $335,000 | -26.4% | 0.0% |
| LEGEND LENDING CORPORATION | $5,375,000 | $335,000 | -93.8% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $160,000 | $320,000 | 100.0% | 0.0% |
| Texas First Bank | $435,000 | $320,000 | -26.4% | 0.0% |
| American National Bank & Trust | $315,000 | n/a | 0.0% | |
| JUSTICE Federal Credit Union | $315,000 | n/a | 0.0% | |
| NEW FED MORTGAGE, CORP. | $105,000 | $315,000 | 200.0% | 0.0% |
| American Bank and Trust Company | $305,000 | n/a | 0.0% | |
| NATIONS DIRECT MORTGAGE, LLC | $305,000 | n/a | 0.0% | |
| BRAZOS VALLEY SCHOOLS | $35,000 | $295,000 | 742.9% | 0.0% |
| MEMBER HOME LOAN, L.L.C. | $415,000 | $295,000 | -28.9% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $510,000 | $290,000 | -43.1% | 0.0% |
| ALLIANT CREDIT UNION | $275,000 | n/a | 0.0% | |
| GEO-CORP, INC. | $275,000 | n/a | 0.0% | |
| Performance Financial, Inc. | $275,000 | n/a | 0.0% | |
| FIRST COLONY MORTGAGE CORPORATION | $270,000 | n/a | 0.0% | |
| SHELL FEDERAL CREDIT UNION | $85,000 | $270,000 | 217.6% | 0.0% |
| Third Coast Bank SSB | $3,050,000 | $270,000 | -91.1% | 0.0% |
| BankPlus | $265,000 | n/a | 0.0% | |
| Figure Lending LLC | $265,000 | n/a | 0.0% | |
| CAPITAL BANK | $255,000 | n/a | 0.0% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $360,000 | $240,000 | -33.3% | 0.0% |
| AMERICAN FINANCE HOUSE LARIBA | $235,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $580,000 | $230,000 | -60.3% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $230,000 | n/a | 0.0% | |
| DAS Acquisition Company, LLC | $225,000 | n/a | 0.0% | |
| HomePromise Corporation | $225,000 | n/a | 0.0% | |
| CLEARPATH LENDING | $215,000 | n/a | 0.0% | |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $1,665,000 | $215,000 | -87.1% | 0.0% |
| First State Bank | $215,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $215,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $435,000 | $215,000 | -50.6% | 0.0% |
| Zions Bank | $85,000 | $200,000 | 135.3% | 0.0% |
| ALL REVERSE MORTGAGE, INC. | $195,000 | n/a | 0.0% | |
| Citizens State Bank | $185,000 | n/a | 0.0% | |
| Frost Bank | $170,000 | $185,000 | 8.8% | 0.0% |
| MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. | $125,000 | $185,000 | 48.0% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $185,000 | n/a | 0.0% | |
| Peoples Bank | $185,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $950,000 | $180,000 | -81.1% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $170,000 | $180,000 | 5.9% | 0.0% |
| ASSOCIATED MORTGAGE CORPORATION | $175,000 | n/a | 0.0% | |
| NMSI, INC. | $245,000 | $165,000 | -32.7% | 0.0% |
| FirstBank | $45,000 | $160,000 | 255.6% | 0.0% |
| First National Bank of America | $115,000 | $160,000 | 39.1% | 0.0% |
| First Horizon Bank | $155,000 | n/a | 0.0% | |
| GULF COAST EDUCATORS FEDERAL CREDIT UNION | $300,000 | $155,000 | -48.3% | 0.0% |
| DIRECT MORTGAGE LOANS, LLC | $525,000 | $145,000 | -72.4% | 0.0% |
| Investmark Mortgage, LLC | $145,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $145,000 | n/a | 0.0% | |
| Jefferson Bank | $135,000 | n/a | 0.0% | |
| JMAC LENDING, INC. | $135,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $135,000 | n/a | 0.0% | |
| NEXERA HOLDING LLC | $475,000 | $135,000 | -71.6% | 0.0% |
| RF Renovo Management Company, LLC | $450,000 | $135,000 | -70.0% | 0.0% |
| Merchants & Farmers Bank & Trust Company | $125,000 | n/a | 0.0% | |
| CSL Financial, LLC | $405,000 | $115,000 | -71.6% | 0.0% |
| INTERLINC MORTGAGE SERVICES, LLC | $490,000 | $115,000 | -76.5% | 0.0% |
| Secured Investment Corp. | $110,000 | n/a | 0.0% | |
| Logan Finance Corporation | $195,000 | $105,000 | -46.2% | 0.0% |
| NBKC BANK | $875,000 | $95,000 | -89.1% | 0.0% |
| CONSTRUCTIVE LOANS, LLC | $220,000 | $85,000 | -61.4% | 0.0% |
| DIGITAL Federal Credit Union | $85,000 | n/a | 0.0% | |
| BOKF | $95,000 | $75,000 | -21.1% | 0.0% |
| Guaranty Bank & Trust, N.A. | $205,000 | $75,000 | -63.4% | 0.0% |
| SECURITY SERVICE | $400,000 | $75,000 | -81.3% | 0.0% |
| SIWELL, INC. | $75,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $65,000 | n/a | 0.0% | |
| GREAT LAKES | $65,000 | n/a | 0.0% | |
| Trustmark National Bank | $610,000 | $65,000 | -89.3% | 0.0% |
| UNIVERSITY Federal Credit Union | $55,000 | n/a | 0.0% | |
| International Bank of Commerce | $110,000 | $45,000 | -59.1% | 0.0% |
| PUBLIC EMPLOYEES Credit Union | $45,000 | n/a | 0.0% | |
| RANDOLPH-BROOKS | $1,200,000 | $5,000 | -99.6% | 0.0% |
BEAUMONT - PORT ARTHUR's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 7.9% market share. In second place, with 6.1%, is GUILD MORTGAGE COMPANY, having originated $61,795,000 in loans. In third place, with 5.4%, is NECHES, having originated $54,165,000 in loans. In fourth place, with 4.3%, is QUICKEN LOANS, LLC, having originated $43,120,000 in loans. In fifth place, with 3.9%, is First Financial Bank, having originated $38,980,000 in loans.
BEAUMONT - PORT ARTHUR Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - BEAUMONT - PORT ARTHUR (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 | $159,700 (-3.1%) | $213,766 (1.7%) | 0.59 | 982 |
| 2018-02-01 | $157,975 (-6.7%) | $219,818 (4.5%) | 0.57 | 999 |
| 2018-03-01 | $155,450 (-9.6%) | $212,592 (-0.3%) | 0.55 | 980 |
| 2018-04-01 | $158,950 (-11.4%) | $219,713 (-0.4%) | 0.54 | 1,016 |
| 2018-05-01 | $165,000 (-8.1%) | $226,631 (1.8%) | 0.55 | 1,063 |
| 2018-06-01 | $172,500 (-3.7%) | $229,262 (3.0%) | 0.58 | 1,135 |
| 2018-07-01 | $175,250 (0.2%) | $230,567 (7.5%) | 0.59 | 1,220 |
| 2018-08-01 | $178,000 (1.8%) | $230,130 (6.7%) | 0.60 | 1,266 |
| 2018-09-01 | $178,950 (5.3%) | $226,911 (4.1%) | 0.60 | 1,260 |
| 2018-10-01 | $179,900 (7.5%) | $225,164 (4.2%) | 0.61 | 1,272 |
| 2018-11-01 | $177,450 (10.9%) | $223,695 (5.0%) | 0.60 | 1,256 |
| 2018-12-01 | $175,000 (9.4%) | $226,253 (6.0%) | 0.60 | 1,228 |
| 2019-01-01 | $174,950 (9.6%) | $228,919 (7.1%) | 0.60 | 1,206 |
| 2019-02-01 | $177,575 (12.4%) | $229,363 (4.3%) | 0.60 | 1,239 |
| 2019-03-01 | $184,100 (18.4%) | $230,864 (8.6%) | 0.60 | 1,301 |
| 2019-04-01 | $189,000 (18.9%) | $232,783 (6.0%) | 0.60 | 1,335 |
| 2019-05-01 | $189,925 (15.1%) | $234,160 (3.3%) | 0.59 | 1,319 |
| 2019-06-01 | $190,000 (10.1%) | $234,377 (2.2%) | 0.59 | 1,355 |
| 2019-07-01 | $191,125 (9.1%) | $231,792 (0.5%) | 0.60 | 1,415 |
| 2019-08-01 | $190,805 (7.2%) | $230,221 (0.0%) | 0.60 | 1,452 |
| 2019-09-01 | $192,011 (7.3%) | $231,395 (2.0%) | 0.61 | 1,432 |
| 2019-10-01 | $192,816 (7.2%) | $231,163 (2.7%) | 0.62 | 1,417 |
| 2019-11-01 | $189,900 (7.0%) | $228,733 (2.3%) | 0.62 | 1,375 |
| 2019-12-01 | $184,900 (5.7%) | $228,476 (1.0%) | 0.62 | 1,325 |
| 2020-01-01 | $186,700 (6.7%) | $231,137 (1.0%) | 0.62 | 1,243 |
| 2020-02-01 | $185,450 (4.4%) | $231,234 (0.8%) | 0.61 | 1,241 |
| 2020-03-01 | $189,450 (2.9%) | $235,791 (2.1%) | 0.59 | 1,228 |
| 2020-04-01 | $194,900 (3.1%) | $237,796 (2.2%) | 0.61 | 1,198 |
| 2020-05-01 | $199,000 (4.8%) | $243,387 (3.9%) | 0.60 | 1,218 |
| 2020-06-01 | $202,950 (6.8%) | $246,204 (5.1%) | 0.60 | 1,326 |
| 2020-07-01 | $206,950 (8.3%) | $247,738 (6.9%) | 0.60 | 1,308 |
| 2020-08-01 | $209,900 (10.0%) | $250,778 (8.9%) | 0.60 | 1,256 |
| 2020-09-01 | $214,250 (11.6%) | $250,463 (8.2%) | 0.61 | 1,155 |
| 2020-10-01 | $211,000 (9.4%) | $249,754 (8.0%) | 0.60 | 1,157 |
| 2020-11-01 | $207,400 (9.2%) | $248,099 (8.5%) | 0.61 | 1,159 |
| 2020-12-01 | $201,125 (8.8%) | $249,829 (9.4%) | 0.60 | 1,068 |
| 2021-01-01 | $205,000 (9.8%) | $251,129 (8.7%) | 0.61 | 1,033 |
| 2021-02-01 | $208,033 (12.2%) | $250,026 (8.1%) | 0.61 | 1,054 |
| 2021-03-01 | $212,500 (12.2%) | $255,782 (8.5%) | 0.60 | 1,069 |
| 2021-04-01 | $223,000 (14.4%) | $261,407 (9.9%) | 0.60 | 1,021 |
| 2021-05-01 | $212,000 (6.5%) | $256,624 (5.4%) | 0.56 | 975 |
| 2021-06-01 | $213,500 (5.2%) | $257,389 (4.5%) | 0.56 | 993 |
| 2021-07-01 | $210,000 (1.5%) | $255,974 (3.3%) | 0.55 | 1,064 |
| 2021-08-01 | $205,500 (-2.1%) | $252,251 (0.6%) | 0.55 | 1,131 |
| 2021-09-01 | $210,000 (-2.0%) | $259,837 (3.7%) | 0.56 | 1,119 |
| 2021-10-01 | $210,000 (-0.5%) | $260,628 (4.4%) | 0.56 | 1,126 |
| 2021-11-01 | $214,900 (3.6%) | $264,309 (6.5%) | 0.57 | 1,113 |
| 2021-12-01 | $210,000 (4.4%) | $262,855 (5.2%) | 0.57 | 1,055 |
| 2022-01-01 | $215,000 (4.9%) | $274,016 (9.1%) | 0.58 | 1,015 |
| 2022-02-01 | $219,995 (5.8%) | $277,443 (11.0%) | 0.57 | 1,002 |
| 2022-03-01 | $229,450 (8.0%) | $280,772 (9.8%) | 0.57 | 1,007 |
| 2022-04-01 | $239,000 (7.2%) | $287,543 (10.0%) | 0.57 | 1,002 |
| 2022-05-01 | $238,200 (12.4%) | $296,655 (15.6%) | 0.54 | 1,046 |
| 2022-06-01 | $239,800 (12.3%) | $302,606 (17.6%) | 0.53 | 1,125 |
| 2022-07-01 | $230,000 (9.5%) | $292,106 (14.1%) | 0.52 | 1,294 |
| 2022-08-01 | $222,150 (8.1%) | $284,559 (12.8%) | 0.51 | 1,353 |
| 2022-09-01 | $219,450 (4.5%) | $280,072 (7.8%) | 0.51 | 1,402 |
| 2022-10-01 | $225,000 (7.1%) | $284,233 (9.1%) | 0.53 | 1,435 |
| 2022-11-01 | $228,871 (6.5%) | $282,452 (6.9%) | 0.55 | 1,475 |
| 2022-12-01 | $229,900 (9.5%) | $277,929 (5.7%) | 0.57 | 1,352 |
| 2023-01-01 | $234,113 (8.9%) | $280,026 (2.2%) | 0.58 | 1,326 |
| 2023-02-01 | $232,500 (5.7%) | $296,410 (6.8%) | 0.56 | 1,365 |
| 2023-03-01 | $239,450 (4.4%) | $281,030 (0.1%) | 0.56 | 1,385 |
| 2023-04-01 | $244,950 (2.5%) | $282,494 (-1.8%) | 0.57 | 1,300 |
| 2023-05-01 | $249,000 (4.5%) | $290,315 (-2.1%) | 0.56 | 1,319 |
| 2023-06-01 | $250,000 (4.3%) | $295,263 (-2.4%) | 0.56 | 1,398 |
| 2023-07-01 | $249,900 (8.7%) | $291,552 (-0.2%) | 0.57 | 1,471 |
| 2023-08-01 | $240,000 (8.0%) | $285,330 (0.3%) | 0.55 | 1,475 |
| 2023-09-01 | $240,000 (9.4%) | $283,252 (1.1%) | 0.56 | 1,502 |
| 2023-10-01 | $240,000 (6.7%) | $284,109 (0.0%) | 0.56 | 1,556 |
| 2023-11-01 | $239,925 (4.8%) | $285,914 (1.2%) | 0.57 | 1,549 |
| 2023-12-01 | $240,000 (4.4%) | $284,420 (2.3%) | 0.59 | 1,472 |
| 2024-01-01 | $239,900 (2.5%) | $280,399 (0.1%) | 0.59 | 1,416 |
| 2024-02-01 | $234,995 (1.1%) | $276,659 (-6.7%) | 0.57 | 1,467 |
| 2024-03-01 | $236,970 (-1.0%) | $280,479 (-0.2%) | 0.56 | 1,487 |
| 2024-04-01 | $239,450 (-2.3%) | $283,611 (0.4%) | 0.56 | 1,528 |
| 2024-05-01 | $243,675 (-2.1%) | $287,455 (-1.0%) | 0.55 | 1,527 |
| 2024-06-01 | $244,900 (-2.0%) | $288,180 (-2.4%) | 0.56 | 1,562 |
| 2024-07-01 | $244,990 (-2.0%) | $290,988 (-0.2%) | 0.56 | 1,647 |
| 2024-08-01 | $240,000 (0.0%) | $289,267 (1.4%) | 0.56 | 1,639 |
| 2024-09-01 | $239,450 (-0.2%) | $283,783 (0.2%) | 0.56 | 1,681 |
| 2024-10-01 | $234,950 (-2.1%) | $284,303 (0.1%) | 0.55 | 1,711 |
| 2024-11-01 | $229,900 (-4.2%) | $277,995 (-2.8%) | 0.55 | 1,785 |
| 2024-12-01 | $229,900 (-4.2%) | $275,188 (-3.3%) | 0.57 | 1,644 |
| 2025-01-01 | $225,000 (-6.2%) | $270,352 (-3.6%) | 0.56 | 1,586 |
| 2025-02-01 | $225,000 (-4.3%) | $264,415 (-4.4%) | 0.55 | 1,597 |
| 2025-03-01 | $229,000 (-3.4%) | $271,448 (-3.2%) | 0.54 | 1,579 |
| 2025-04-01 | $235,000 (-1.9%) | $276,398 (-2.5%) | 0.54 | 1,608 |
BEAUMONT - PORT ARTHUR's median listing price for 2025-04-01 was $235,000, a difference of
$-4,450
(-1.9%) versus the prior year and
$6,000 versus the prior month.
BEAUMONT - PORT ARTHUR's median listing price comes in at 54% of the national average.
BEAUMONT - PORT ARTHUR's average listing price for 2025-04-01 was $276,398, a difference of $-7,213 (-2.5%) versus the prior year and $4,950 versus the prior month.
For the 2025-04-01 period, BEAUMONT - PORT ARTHUR had 1,608 MLS listings, a difference of 29 listings (2%) versus the prior month and 80 listings (5%) versus the prior year.
BEAUMONT - PORT ARTHUR's median listing price comes in at 54% of the national average.
BEAUMONT - PORT ARTHUR's average listing price for 2025-04-01 was $276,398, a difference of $-7,213 (-2.5%) versus the prior year and $4,950 versus the prior month.
For the 2025-04-01 period, BEAUMONT - PORT ARTHUR had 1,608 MLS listings, a difference of 29 listings (2%) versus the prior month and 80 listings (5%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - BEAUMONT - PORT ARTHUR (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 62 days | 2,042 sqft |
| 2018-02-01 | 60 days | 2,041 sqft |
| 2018-03-01 | 53 days | 2,021 sqft |
| 2018-04-01 | 46 days | 2,002 sqft |
| 2018-05-01 | 44 days | 1,997 sqft |
| 2018-06-01 | 47 days | 1,983 sqft |
| 2018-07-01 | 51 days | 1,985 sqft |
| 2018-08-01 | 51 days | 1,960 sqft |
| 2018-09-01 | 56 days | 1,962 sqft |
| 2018-10-01 | 60 days | 1,978 sqft |
| 2018-11-01 | 64 days | 1,962 sqft |
| 2018-12-01 | 68 days | 1,947 sqft |
| 2019-01-01 | 71 days | 1,955 sqft |
| 2019-02-01 | 61 days | 1,962 sqft |
| 2019-03-01 | 50 days | 1,981 sqft |
| 2019-04-01 | 47 days | 2,007 sqft |
| 2019-05-01 | 55 days | 2,010 sqft |
| 2019-06-01 | 58 days | 1,995 sqft |
| 2019-07-01 | 54 days | 1,995 sqft |
| 2019-08-01 | 56 days | 1,981 sqft |
| 2019-09-01 | 59 days | 1,979 sqft |
| 2019-10-01 | 62 days | 1,972 sqft |
| 2019-11-01 | 66 days | 1,963 sqft |
| 2019-12-01 | 73 days | 1,953 sqft |
| 2020-01-01 | 81 days | 1,956 sqft |
| 2020-02-01 | 73 days | 1,947 sqft |
| 2020-03-01 | 57 days | 1,960 sqft |
| 2020-04-01 | 61 days | 1,986 sqft |
| 2020-05-01 | 68 days | 1,986 sqft |
| 2020-06-01 | 53 days | 1,984 sqft |
| 2020-07-01 | 50 days | 1,981 sqft |
| 2020-08-01 | 59 days | 2,007 sqft |
| 2020-09-01 | 72 days | 2,006 sqft |
| 2020-10-01 | 67 days | 2,002 sqft |
| 2020-11-01 | 59 days | 1,968 sqft |
| 2020-12-01 | 61 days | 1,948 sqft |
| 2021-01-01 | 64 days | 1,951 sqft |
| 2021-02-01 | 57 days | 1,949 sqft |
| 2021-03-01 | 53 days | 1,965 sqft |
| 2021-04-01 | 47 days | 1,971 sqft |
| 2021-05-01 | 50 days | 1,916 sqft |
| 2021-06-01 | 45 days | 1,914 sqft |
| 2021-07-01 | 40 days | 1,872 sqft |
| 2021-08-01 | 45 days | 1,863 sqft |
| 2021-09-01 | 50 days | 1,903 sqft |
| 2021-10-01 | 53 days | 1,899 sqft |
| 2021-11-01 | 52 days | 1,900 sqft |
| 2021-12-01 | 61 days | 1,874 sqft |
| 2022-01-01 | 61 days | 1,881 sqft |
| 2022-02-01 | 46 days | 1,882 sqft |
| 2022-03-01 | 43 days | 1,883 sqft |
| 2022-04-01 | 40 days | 1,895 sqft |
| 2022-05-01 | 39 days | 1,881 sqft |
| 2022-06-01 | 39 days | 1,890 sqft |
| 2022-07-01 | 44 days | 1,876 sqft |
| 2022-08-01 | 47 days | 1,855 sqft |
| 2022-09-01 | 58 days | 1,843 sqft |
| 2022-10-01 | 60 days | 1,858 sqft |
| 2022-11-01 | 60 days | 1,897 sqft |
| 2022-12-01 | 70 days | 1,904 sqft |
| 2023-01-01 | 79 days | 1,926 sqft |
| 2023-02-01 | 77 days | 1,900 sqft |
| 2023-03-01 | 63 days | 1,911 sqft |
| 2023-04-01 | 61 days | 1,917 sqft |
| 2023-05-01 | 54 days | 1,946 sqft |
| 2023-06-01 | 52 days | 1,948 sqft |
| 2023-07-01 | 52 days | 1,917 sqft |
| 2023-08-01 | 58 days | 1,904 sqft |
| 2023-09-01 | 59 days | 1,896 sqft |
| 2023-10-01 | 64 days | 1,876 sqft |
| 2023-11-01 | 70 days | 1,881 sqft |
| 2023-12-01 | 75 days | 1,885 sqft |
| 2024-01-01 | 86 days | 1,880 sqft |
| 2024-02-01 | 75 days | 1,846 sqft |
| 2024-03-01 | 59 days | 1,844 sqft |
| 2024-04-01 | 59 days | 1,882 sqft |
| 2024-05-01 | 61 days | 1,902 sqft |
| 2024-06-01 | 58 days | 1,903 sqft |
| 2024-07-01 | 58 days | 1,899 sqft |
| 2024-08-01 | 61 days | 1,872 sqft |
| 2024-09-01 | 65 days | 1,841 sqft |
| 2024-10-01 | 66 days | 1,831 sqft |
| 2024-11-01 | 71 days | 1,810 sqft |
| 2024-12-01 | 77 days | 1,814 sqft |
| 2025-01-01 | 83 days | 1,798 sqft |
| 2025-02-01 | 81 days | 1,791 sqft |
| 2025-03-01 | 64 days | 1,831 sqft |
| 2025-04-01 | 60 days | 1,839 sqft |
BEAUMONT - PORT ARTHUR's median listing age (time on market) for 2025-04-01 was 60 days.
This
is 3%
longer
than the same period one year ago.
BEAUMONT - PORT ARTHUR's median square footage for active listings during the 2025-04-01 period was 1,839 sqft. One year prior, the average listing was 1,882 sqft.
BEAUMONT - PORT ARTHUR's median square footage for active listings during the 2025-04-01 period was 1,839 sqft. One year prior, the average listing was 1,882 sqft.
BEAUMONT-PORT ARTHUR, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 3,312 | $749,750,000 | $226,374 |
| Refi | 516 | $136,360,000 | $264,264 |
| Other | 448 | $45,080,000 | $100,625 |
| Cash Out Refi | 414 | $60,260,000 | $145,556 |
| Home Improvement | 232 | $18,230,000 | $78,578 |
| NA | 2 | $250,000 | $125,000 |
Beaumont - Port Arthur's most frequently cited loan purpose was Home Purchase, with 3,312 originations. The 2nd most popular reason was Refi, with 516 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 2,032 | $446,200,000 | $219,587 |
| 7-8% | 951 | $191,545,000 | $201,414 |
| 5-6% | 659 | $161,895,000 | $245,668 |
| Over 8% | 519 | $76,555,000 | $147,505 |
| 4-5% | 88 | $22,750,000 | $258,523 |
| <2.5% | 24 | $740,000 | $30,833 |
| 3-4% | 15 | $3,825,000 | $255,000 |
| 2.5-3% | 1 | $165,000 | $165,000 |
During 2024, Beaumont - Port Arthur's most frequently originated rate bucket was 6-7%, with 2,032 originations.
Loan Sizing (BEAUMONT-PORT ARTHUR, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,816 | $270,910,000 | $149,180 |
| $200k-400k | 1,712 | $463,470,000 | $270,718 |
| $100,000 or less | 1,134 | $70,280,000 | $61,975 |
| $400k-600k | 215 | $100,175,000 | $465,930 |
| $600k-1000k | 30 | $20,790,000 | $693,000 |
| $Over $1MM | 17 | $84,305,000 | $4,959,118 |
BEAUMONT - PORT ARTHUR's loan sizing saw the bucket of loans from $100k-200k with 1,816 originations, totaling $270,910,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,549 | $569,275,000 | $223,333 |
| 60-80% | 832 | $202,680,000 | $243,606 |
| 40-60% | 309 | $59,195,000 | $191,570 |
| 20-40% | 249 | $20,285,000 | $81,466 |
| Under 20% | 203 | $7,155,000 | $35,246 |
| Over 100% | 94 | $32,630,000 | $347,128 |
BEAUMONT - PORT ARTHUR's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,549 originations, totaling $569,275,000 in origination value.