Bedford Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Bedford averaged
6.57%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
6.17% and
one month ago for the week of 2024-09-05, the
average rate was 6.5%.
Bedford's average rate one year ago was 7.74%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.42%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Bedford 30 Year Fixed Rate | 2024-10-10 | 6.57% |
Bedford 30 Year Fixed Rate Refi | 2024-10-10 | 6.42% |
Bedford 15 Year Fixed Rate | 2024-10-10 | 5.31% |
Bedford 15 Year Fixed Rate Refi | 2024-10-10 | 6.01% |
Bedford 30 Year FHA | 2024-10-10 | 5.95% |
Bedford 30 Year FHA Refi | 2024-10-10 | 6.2% |
Bedford 30 Year USDA | 2024-10-10 | 6.08% |
Bedford 30 Year USDA Refi | 2024-10-10 | 6.18% |
Bedford 30 Year VA | 2024-10-10 | 6.29% |
Bedford 30 Year VA Refi | 2024-10-10 | 6.05% |
Bedford 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 Bedford, IN 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.).
Bedford Average Closing Costs & Other Stats
Bedford, IN's 61 lenders originated 1,013
loans during 2023. The total origination value was $153,995,000, with an average loan value of
$152,019.
Bedford's average closing costs are $3,862.
The top Bedford lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with
47 loans originated. Their average total fees are
$1,929, which is $1,626
lower than the next largest lender,
Jackson County Bank.
The lowest fee Bedford lenders (with over 10 loans originated) are
CRANE ($1,771), INDIANA UNIVERSITY CREDIT UNION ($1,816), RUOFF MORTGAGE COMPANY, INC. ($1,929), Jackson County Bank ($3,555) and QUICKEN LOANS, LLC ($5,169).
The lowest rate Bedford lenders (with over 10 loans originated) are
Jackson County Bank (6.27%), INDIANA UNIVERSITY CREDIT UNION (6.38%), CRANE (6.72%), RUOFF MORTGAGE COMPANY, INC. (6.80%) and QUICKEN LOANS, LLC (6.94%).
Bedford, IN 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 |
---|---|---|---|---|
RUOFF MORTGAGE COMPANY, INC. | $32,640,000 | $29,340,000 | -10.1% | 19.1% |
QUICKEN LOANS, LLC | $12,135,000 | $7,015,000 | -42.2% | 4.6% |
Jackson County Bank | $7,655,000 | $6,495,000 | -15.2% | 4.2% |
CRANE | $8,870,000 | $6,295,000 | -29.0% | 4.1% |
Mortgage Research Center, LLC | $4,905,000 | $6,170,000 | 25.8% | 4.0% |
German American Bank | $6,080,000 | $4,760,000 | -21.7% | 3.1% |
Flanagan State Bank | $8,640,000 | $4,680,000 | -45.8% | 3.0% |
Paramount Residential Mortgage Group, Inc. | $3,140,000 | n/a | 2.0% | |
INDIANA UNIVERSITY CREDIT UNION | $5,815,000 | $2,910,000 | -50.0% | 1.9% |
Owen County State Bank | $3,270,000 | $2,910,000 | -11.0% | 1.9% |
Fifth Third Bank | $2,850,000 | $2,550,000 | -10.5% | 1.7% |
MOVEMENT MORTGAGE, LLC | $735,000 | $2,290,000 | 211.6% | 1.5% |
NAVY FEDERAL CREDIT UNION | $2,225,000 | $2,290,000 | 2.9% | 1.5% |
JPMorgan Chase Bank | $3,735,000 | $1,785,000 | -52.2% | 1.2% |
The Peoples State Bank | $1,715,000 | $1,765,000 | 2.9% | 1.1% |
FAIR WAY LENDING LLC | $500,000 | $1,675,000 | 235.0% | 1.1% |
Mr. Cooper ( Nationstar Mortgage ) | $1,980,000 | $1,675,000 | -15.4% | 1.1% |
FREEDOM MORTGAGE CORPORATION | $1,690,000 | $1,600,000 | -5.3% | 1.0% |
Old National Bank | $4,290,000 | $1,580,000 | -63.2% | 1.0% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,515,000 | $1,550,000 | 2.3% | 1.0% |
UNITED WHOLESALE MORTGAGE, LLC | $1,505,000 | $1,540,000 | 2.3% | 1.0% |
LOANDEPOT.COM, LLC | $2,370,000 | $1,535,000 | -35.2% | 1.0% |
MORTGAGE MASTERS OF INDIANA, INC. | $990,000 | $1,480,000 | 49.5% | 1.0% |
BROKER SOLUTIONS, INC. | $600,000 | $1,435,000 | 139.2% | 0.9% |
PENNYMAC LOAN SERVICES, LLC | $1,955,000 | $1,430,000 | -26.9% | 0.9% |
THRIVE MORTGAGE, LLC | $295,000 | $1,385,000 | 369.5% | 0.9% |
GVC MORTGAGE, INC. | $610,000 | $1,110,000 | 82.0% | 0.7% |
USAA Federal Savings Bank | $560,000 | $1,050,000 | 87.5% | 0.7% |
AMERISAVE MORTGAGE CORPORATION | $295,000 | $1,015,000 | 244.1% | 0.7% |
Centra Credit Union | $315,000 | $990,000 | 214.3% | 0.6% |
Carrington Mortgage Services, LLC | $990,000 | $855,000 | -13.6% | 0.6% |
Third Federal Savings and Loan Association of Cleveland | $835,000 | n/a | 0.5% | |
HALLMARK HOME MORTGAGE, LLC | $510,000 | $830,000 | 62.7% | 0.5% |
LAKEVIEW LOAN SERVICING, LLC | $185,000 | $820,000 | 343.2% | 0.5% |
AMCAP MORTGAGE, LTD. | $6,950,000 | $785,000 | -88.7% | 0.5% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $755,000 | n/a | 0.5% | |
The Federal Savings Bank | $1,775,000 | $660,000 | -62.8% | 0.4% |
MJW Financial LLC | $545,000 | $655,000 | 20.2% | 0.4% |
Northpointe Bank | $95,000 | $645,000 | 578.9% | 0.4% |
MILESTONE HOME LENDING, LLC | $380,000 | $625,000 | 64.5% | 0.4% |
NEWREZ LLC | $390,000 | $580,000 | 48.7% | 0.4% |
Wells Fargo Bank | $55,000 | $525,000 | 854.5% | 0.3% |
Flagstar Bank, FSB | $515,000 | $495,000 | -3.9% | 0.3% |
Arvest Bank | $85,000 | $455,000 | 435.3% | 0.3% |
NEW DAY FINANCIAL, LLC | $635,000 | $415,000 | -34.6% | 0.3% |
CMG MORTGAGE, INC. | $315,000 | $410,000 | 30.2% | 0.3% |
Home Bank SB | $410,000 | n/a | 0.3% | |
Bank of England | $145,000 | $405,000 | 179.3% | 0.3% |
CALIBER HOME LOANS, INC. | $440,000 | $395,000 | -10.2% | 0.3% |
Discover Bank | $395,000 | n/a | 0.3% | |
ROYAL UNITED MORTGAGE LLC | $460,000 | $365,000 | -20.7% | 0.2% |
Farm Credit Mid-America, ACA | $1,250,000 | $355,000 | -71.6% | 0.2% |
INTERNATIONAL CITY MORTGAGE, INC. | $355,000 | n/a | 0.2% | |
Nations Lending Corporation | $875,000 | $340,000 | -61.1% | 0.2% |
SUCCESS MORTGAGE PARTNERS, INC. | $145,000 | $340,000 | 134.5% | 0.2% |
Bell Bank | $335,000 | n/a | 0.2% | |
Northwest Bank | $175,000 | $315,000 | 80.0% | 0.2% |
BAYSHORE MORTGAGE FUNDING, LLC | $310,000 | n/a | 0.2% | |
Union Savings Bank | $800,000 | $310,000 | -61.3% | 0.2% |
GUARANTEED RATE, INC. | $305,000 | n/a | 0.2% | |
Mid-Southern Savings Bank, FSB | $330,000 | $300,000 | -9.1% | 0.2% |
AMERICAN FINANCIAL RESOURCES, INC. | $135,000 | $290,000 | 114.8% | 0.2% |
EVERETT FINANCIAL, INC. | $215,000 | $285,000 | 32.6% | 0.2% |
The Huntington National Bank | $715,000 | $285,000 | -60.1% | 0.2% |
CLEARPATH LENDING | $275,000 | n/a | 0.2% | |
Regions Bank | $1,355,000 | $275,000 | -79.7% | 0.2% |
CROSSCOUNTRY MORTGAGE, LLC | $85,000 | $265,000 | 211.8% | 0.2% |
Equity Prime Mortgage LLC | $65,000 | $260,000 | 300.0% | 0.2% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,025,000 | $255,000 | -75.1% | 0.2% |
INDIANA MEMBERS CREDIT UNION | $245,000 | n/a | 0.2% | |
Baxter Credit Union | $555,000 | $235,000 | -57.7% | 0.2% |
Elements Financial Federal Credit Union | $565,000 | $235,000 | -58.4% | 0.2% |
First Financial Bank | $325,000 | $235,000 | -27.7% | 0.2% |
POLARIS HOME FUNDING CORP. | $235,000 | n/a | 0.2% | |
RELIANCE FIRST CAPITAL, LLC | $175,000 | $230,000 | 31.4% | 0.1% |
Gateway First Bank | $200,000 | $215,000 | 7.5% | 0.1% |
Farmers and Mechanics Federal Savings Bank | $440,000 | $210,000 | -52.3% | 0.1% |
CHURCHILL MORTGAGE CORPORATION | $205,000 | n/a | 0.1% | |
Figure Lending LLC | $115,000 | $205,000 | 78.3% | 0.1% |
Merchants Bank of Indiana | $235,000 | $205,000 | -12.8% | 0.1% |
LEADERONE FINANCIAL CORPORATION | $200,000 | n/a | 0.1% | |
Plains Commerce Bank | $195,000 | n/a | 0.1% | |
PNC Bank | $300,000 | $195,000 | -35.0% | 0.1% |
Sierra Pacific Mortgage Company, Inc. | $195,000 | n/a | 0.1% | |
STOCKTON MORTGAGE CORPORATION | $195,000 | n/a | 0.1% | |
Wolfe Financial, Inc | $270,000 | $195,000 | -27.8% | 0.1% |
Horizon Bank | $285,000 | $190,000 | -33.3% | 0.1% |
DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $175,000 | n/a | 0.1% | |
PLANET HOME LENDING, LLC | $165,000 | n/a | 0.1% | |
The Riddell National Bank | $355,000 | $155,000 | -56.3% | 0.1% |
First Farmers Bank and Trust Company | $145,000 | n/a | 0.1% | |
First Financial Bank | $325,000 | $140,000 | -56.9% | 0.1% |
MUTUAL OF OMAHA MORTGAGE, INC. | $105,000 | $140,000 | 33.3% | 0.1% |
AMERICAN FINANCING CORPORATION | $85,000 | $125,000 | 47.1% | 0.1% |
INTERLINC MORTGAGE SERVICES, LLC | $125,000 | n/a | 0.1% | |
PHH Mortgage Corporation | $630,000 | $125,000 | -80.2% | 0.1% |
First National Bank | $115,000 | n/a | 0.1% | |
TRIAD FINANCIAL SERVICES, INC. | $115,000 | n/a | 0.1% | |
TEACHERS CREDIT UNION | $225,000 | $110,000 | -51.1% | 0.1% |
INOVA FEDERAL CREDIT UNION | $105,000 | n/a | 0.1% | |
UNION HOME MORTGAGE CORP. | $240,000 | $105,000 | -56.3% | 0.1% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $280,000 | $105,000 | -62.5% | 0.1% |
Barrington Bank & Trust Company, N.A. | $95,000 | n/a | 0.1% | |
M&T Bank | $95,000 | n/a | 0.1% | |
VILLAGE CAPITAL MORTGAGE | $290,000 | $95,000 | -67.2% | 0.1% |
LOANPAL, LLC | $150,000 | $85,000 | -43.3% | 0.1% |
NBKC BANK | $515,000 | $85,000 | -83.5% | 0.1% |
SPRING EQ, LLC | $55,000 | $65,000 | 18.2% | 0.0% |
U.S. Bank | $85,000 | $60,000 | -29.4% | 0.0% |
Bank of America | $490,000 | $55,000 | -88.8% | 0.0% |
Citizens Bank | $480,000 | $55,000 | -88.5% | 0.0% |
FORUM Credit Union | $315,000 | $55,000 | -82.5% | 0.0% |
21ST MORTGAGE CORPORATION | $660,000 | $45,000 | -93.2% | 0.0% |
First Harrison Bank | $45,000 | n/a | 0.0% | |
First Savings Bank | $45,000 | n/a | 0.0% | |
The Farmers & Merchants State Bank | $45,000 | n/a | 0.0% |
Bedford's top lender by overall market share is RUOFF MORTGAGE COMPANY, INC., with 19.1% market share. In second place, with 4.6%, is QUICKEN LOANS, LLC, having originated $7,015,000 in loans. In third place, with 4.2%, is Jackson County Bank, having originated $6,495,000 in loans. In fourth place, with 4.1%, is CRANE, having originated $6,295,000 in loans. In fifth place, with 4.0%, is Mortgage Research Center, LLC, having originated $6,170,000 in loans.
Bedford Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Bedford (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 | $114,975 (15.1%) | $156,030 (9.9%) | 0.00 | 204 |
2018-02-01 | $115,600 (12.9%) | $159,765 (13.5%) | 0.00 | 193 |
2018-03-01 | $112,000 (1.8%) | $154,379 (0.2%) | 0.00 | 201 |
2018-04-01 | $122,950 (2.5%) | $177,269 (9.9%) | 0.00 | 211 |
2018-05-01 | $129,900 (7.0%) | $168,551 (3.3%) | 0.00 | 218 |
2018-06-01 | $129,900 (0.6%) | $167,017 (-1.2%) | 0.00 | 211 |
2018-07-01 | $139,925 (7.7%) | $172,923 (3.7%) | 0.00 | 211 |
2018-08-01 | $139,900 (9.4%) | $171,173 (2.1%) | 0.00 | 232 |
2018-09-01 | $139,900 (10.2%) | $180,213 (6.9%) | 0.00 | 230 |
2018-10-01 | $139,900 (10.4%) | $173,160 (2.7%) | 0.00 | 240 |
2018-11-01 | $137,400 (5.8%) | $170,528 (-1.6%) | 0.00 | 234 |
2018-12-01 | $139,900 (21.7%) | $172,435 (12.0%) | 0.00 | 222 |
2019-01-01 | $134,050 (16.6%) | $166,713 (6.9%) | 0.00 | 207 |
2019-02-01 | $129,900 (12.4%) | $167,201 (4.7%) | 0.00 | 197 |
2019-03-01 | $135,086 (20.6%) | $181,585 (17.6%) | 0.00 | 168 |
2019-04-01 | $144,175 (17.3%) | $197,058 (11.2%) | 0.00 | 138 |
2019-05-01 | $147,700 (13.7%) | $205,152 (21.7%) | 0.00 | 140 |
2019-06-01 | $154,900 (19.3%) | $206,091 (23.4%) | 0.00 | 133 |
2019-07-01 | $159,900 (14.3%) | $212,583 (22.9%) | 0.00 | 129 |
2019-08-01 | $159,936 (14.3%) | $212,489 (24.1%) | 0.00 | 133 |
2019-09-01 | $159,916 (14.3%) | $208,572 (15.7%) | 0.00 | 132 |
2019-10-01 | $165,652 (18.4%) | $205,306 (18.6%) | 0.00 | 132 |
2019-11-01 | $169,900 (23.7%) | $207,536 (21.7%) | 0.00 | 133 |
2019-12-01 | $165,925 (18.6%) | $219,278 (27.2%) | 0.00 | 130 |
2020-01-01 | $159,950 (19.3%) | $220,189 (32.1%) | 0.00 | 123 |
2020-02-01 | $167,500 (29.0%) | $227,815 (36.3%) | 0.00 | 123 |
2020-03-01 | $164,350 (21.7%) | $222,959 (22.8%) | 0.00 | 121 |
2020-04-01 | $164,700 (14.2%) | $219,903 (11.6%) | 0.00 | 113 |
2020-05-01 | $174,950 (18.5%) | $231,611 (12.9%) | 0.00 | 102 |
2020-06-01 | $198,450 (28.1%) | $235,884 (14.5%) | 0.00 | 92 |
2020-07-01 | $184,675 (15.5%) | $220,365 (3.7%) | 0.00 | 93 |
2020-08-01 | $185,600 (16.1%) | $220,660 (3.9%) | 0.00 | 85 |
2020-09-01 | $167,450 (4.7%) | $210,464 (0.9%) | 0.00 | 82 |
2020-10-01 | $179,900 (8.6%) | $216,612 (5.5%) | 0.00 | 89 |
2020-11-01 | $183,225 (7.8%) | $228,683 (10.2%) | 0.00 | 77 |
2020-12-01 | $184,700 (11.3%) | $227,090 (3.6%) | 0.00 | 73 |
2021-01-01 | $183,900 (15.0%) | $227,769 (3.4%) | 0.00 | 62 |
2021-02-01 | $159,900 (-4.5%) | $219,874 (-3.5%) | 0.00 | 53 |
2021-03-01 | $183,900 (11.9%) | $242,129 (8.6%) | 0.00 | 49 |
2021-04-01 | $198,650 (20.6%) | $274,231 (24.7%) | 0.00 | 47 |
2021-05-01 | $205,950 (17.7%) | $263,197 (13.6%) | 0.00 | 58 |
2021-06-01 | $238,675 (20.3%) | $281,913 (19.5%) | 0.00 | 67 |
2021-07-01 | $249,900 (35.3%) | $283,011 (28.4%) | 0.00 | 77 |
2021-08-01 | $237,000 (27.7%) | $245,646 (11.3%) | 0.00 | 75 |
2021-09-01 | $245,350 (46.5%) | $259,304 (23.2%) | 0.00 | 84 |
2021-10-01 | $247,450 (37.6%) | $254,341 (17.4%) | 0.00 | 90 |
2021-11-01 | $224,925 (22.8%) | $250,380 (9.5%) | 0.00 | 80 |
2021-12-01 | $228,650 (23.8%) | $242,278 (6.7%) | 0.00 | 75 |
2022-01-01 | $249,900 (35.9%) | $262,370 (15.2%) | 0.00 | 63 |
2022-02-01 | $235,800 (47.5%) | $251,342 (14.3%) | 0.00 | 57 |
2022-03-01 | $228,675 (24.4%) | $251,831 (4.0%) | 0.00 | 57 |
2022-04-01 | $209,900 (5.7%) | $235,318 (-14.2%) | 0.00 | 52 |
2022-05-01 | $198,675 (-3.5%) | $260,888 (-0.9%) | 0.00 | 73 |
2022-06-01 | $215,000 (-9.9%) | $273,153 (-3.1%) | 0.00 | 89 |
2022-07-01 | $249,900 (0.0%) | $292,788 (3.5%) | 0.00 | 120 |
2022-08-01 | $247,575 (4.5%) | $292,690 (19.2%) | 0.00 | 116 |
2022-09-01 | $244,900 (-0.2%) | $280,333 (8.1%) | 0.00 | 128 |
2022-10-01 | $249,000 (0.6%) | $291,846 (14.8%) | 0.00 | 128 |
2022-11-01 | $246,900 (9.8%) | $295,863 (18.2%) | 0.00 | 126 |
2022-12-01 | $249,900 (9.3%) | $295,121 (21.8%) | 0.00 | 124 |
2023-01-01 | $247,200 (-1.1%) | $315,400 (20.2%) | 0.00 | 97 |
2023-02-01 | $239,900 (1.7%) | $298,899 (18.9%) | 0.00 | 79 |
2023-03-01 | $244,950 (7.1%) | $318,488 (26.5%) | 0.00 | 67 |
2023-04-01 | $232,400 (10.7%) | $303,936 (29.2%) | 0.00 | 66 |
2023-05-01 | $232,400 (17.0%) | $293,246 (12.4%) | 0.00 | 70 |
2023-06-01 | $239,175 (11.2%) | $282,555 (3.4%) | 0.00 | 76 |
2023-07-01 | $242,700 (-2.9%) | $287,196 (-1.9%) | 0.00 | 75 |
2023-08-01 | $233,700 (-5.6%) | $287,706 (-1.7%) | 0.00 | 81 |
2023-09-01 | $244,000 (-0.4%) | $293,007 (4.5%) | 0.00 | 101 |
2023-10-01 | $231,700 (-7.0%) | $278,304 (-4.6%) | 0.00 | 115 |
2023-11-01 | $227,450 (-7.9%) | $279,087 (-5.7%) | 0.00 | 111 |
2023-12-01 | $209,900 (-16.0%) | $268,145 (-9.1%) | 0.00 | 122 |
2024-01-01 | $219,900 (-11.0%) | $269,648 (-14.5%) | 0.00 | 115 |
2024-02-01 | $214,950 (-10.4%) | $272,455 (-8.9%) | 0.00 | 107 |
2024-03-01 | $219,900 (-10.2%) | $282,986 (-11.2%) | 0.00 | 106 |
2024-04-01 | $219,950 (-5.4%) | $283,458 (-6.7%) | 0.00 | 103 |
2024-05-01 | $212,400 (-8.6%) | $291,007 (-0.8%) | 0.00 | 107 |
2024-06-01 | $234,950 (-1.8%) | $301,528 (6.7%) | 0.00 | 109 |
2024-07-01 | $249,900 (3.0%) | $309,504 (7.8%) | 0.00 | 116 |
2024-08-01 | $259,900 (11.2%) | $310,954 (8.1%) | 0.00 | 122 |
2024-09-01 | $254,950 (4.5%) | $297,603 (1.6%) | 0.00 | 131 |
Bedford's median listing price comes in at 0% of the national average.
Bedford's average listing price for 2024-09-01 was $297,603, a difference of $4,596 (1.6%) versus the prior year and $-13,351 versus the prior month.
For the 2024-09-01 period, Bedford had 131 MLS listings, a difference of 9 listings (7%) versus the prior month and 30 listings (30%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Bedford (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,440 sqft |
2018-02-01 | 0 days | 1,472 sqft |
2018-03-01 | 0 days | 1,462 sqft |
2018-04-01 | 0 days | 1,617 sqft |
2018-05-01 | 0 days | 1,654 sqft |
2018-06-01 | 0 days | 1,702 sqft |
2018-07-01 | 0 days | 1,682 sqft |
2018-08-01 | 0 days | 1,672 sqft |
2018-09-01 | 0 days | 1,637 sqft |
2018-10-01 | 0 days | 1,670 sqft |
2018-11-01 | 0 days | 1,644 sqft |
2018-12-01 | 0 days | 1,663 sqft |
2019-01-01 | 0 days | 1,642 sqft |
2019-02-01 | 0 days | 1,636 sqft |
2019-03-01 | 0 days | 1,622 sqft |
2019-04-01 | 0 days | 1,591 sqft |
2019-05-01 | 0 days | 1,677 sqft |
2019-06-01 | 0 days | 1,668 sqft |
2019-07-01 | 0 days | 1,771 sqft |
2019-08-01 | 0 days | 1,816 sqft |
2019-09-01 | 0 days | 1,809 sqft |
2019-10-01 | 0 days | 1,820 sqft |
2019-11-01 | 0 days | 1,728 sqft |
2019-12-01 | 0 days | 1,592 sqft |
2020-01-01 | 0 days | 1,664 sqft |
2020-02-01 | 0 days | 1,786 sqft |
2020-03-01 | 0 days | 1,803 sqft |
2020-04-01 | 0 days | 1,839 sqft |
2020-05-01 | 0 days | 1,848 sqft |
2020-06-01 | 0 days | 1,899 sqft |
2020-07-01 | 0 days | 1,831 sqft |
2020-08-01 | 0 days | 1,764 sqft |
2020-09-01 | 0 days | 1,785 sqft |
2020-10-01 | 0 days | 1,740 sqft |
2020-11-01 | 0 days | 1,693 sqft |
2020-12-01 | 0 days | 1,714 sqft |
2021-01-01 | 0 days | 1,650 sqft |
2021-02-01 | 0 days | 1,594 sqft |
2021-03-01 | 0 days | 1,678 sqft |
2021-04-01 | 0 days | 1,664 sqft |
2021-05-01 | 0 days | 1,678 sqft |
2021-06-01 | 0 days | 1,670 sqft |
2021-07-01 | 0 days | 1,684 sqft |
2021-08-01 | 0 days | 1,689 sqft |
2021-09-01 | 0 days | 1,779 sqft |
2021-10-01 | 0 days | 1,750 sqft |
2021-11-01 | 0 days | 1,731 sqft |
2021-12-01 | 0 days | 1,757 sqft |
2022-01-01 | 0 days | 1,750 sqft |
2022-02-01 | 0 days | 1,687 sqft |
2022-03-01 | 0 days | 1,581 sqft |
2022-04-01 | 0 days | 1,475 sqft |
2022-05-01 | 0 days | 1,442 sqft |
2022-06-01 | 0 days | 1,562 sqft |
2022-07-01 | 0 days | 1,691 sqft |
2022-08-01 | 0 days | 1,774 sqft |
2022-09-01 | 0 days | 1,780 sqft |
2022-10-01 | 0 days | 1,750 sqft |
2022-11-01 | 0 days | 1,790 sqft |
2022-12-01 | 0 days | 1,786 sqft |
2023-01-01 | 0 days | 1,750 sqft |
2023-02-01 | 0 days | 1,703 sqft |
2023-03-01 | 0 days | 1,788 sqft |
2023-04-01 | 0 days | 1,765 sqft |
2023-05-01 | 0 days | 1,745 sqft |
2023-06-01 | 0 days | 1,806 sqft |
2023-07-01 | 0 days | 1,750 sqft |
2023-08-01 | 0 days | 1,793 sqft |
2023-09-01 | 0 days | 1,739 sqft |
2023-10-01 | 0 days | 1,690 sqft |
2023-11-01 | 0 days | 1,674 sqft |
2023-12-01 | 0 days | 1,578 sqft |
2024-01-01 | 0 days | 1,570 sqft |
2024-02-01 | 0 days | 1,579 sqft |
2024-03-01 | 0 days | 1,570 sqft |
2024-04-01 | 0 days | 1,589 sqft |
2024-05-01 | 0 days | 1,525 sqft |
2024-06-01 | 0 days | 1,620 sqft |
2024-07-01 | 0 days | 1,623 sqft |
2024-08-01 | 0 days | 1,680 sqft |
2024-09-01 | 0 days | 1,655 sqft |
Bedford's median square footage for active listings during the 2024-09-01 period was 1,655 sqft. One year prior, the average listing was 1,739 sqft.
Bedford, IN Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 526 | $104,550,000 | $198,764 |
Cash Out Refi | 219 | $27,765,000 | $126,781 |
Home Improvement | 118 | $6,660,000 | $56,441 |
Other | 95 | $7,225,000 | $76,053 |
Refi | 55 | $7,795,000 | $141,727 |
Bedford's most frequently cited loan purpose was Home Purchase, with 526 originations. The 2nd most popular reason was Cash Out Refi, with 219 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 398 | $69,300,000 | $174,121 |
7-8% | 278 | $40,740,000 | $146,547 |
Over 8% | 129 | $11,485,000 | $89,031 |
5-6% | 124 | $20,340,000 | $164,032 |
<2.5% | 43 | $3,515,000 | $81,744 |
4-5% | 10 | $1,480,000 | $148,000 |
2.5-3% | 5 | $655,000 | $131,000 |
3-4% | 1 | $145,000 | $145,000 |
During 2023, Bedford's most frequently originated rate bucket was 6-7%, with 398 originations.
Loan Sizing (Bedford, IN MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 409 | $61,055,000 | $149,279 |
$100,000 or less | 371 | $20,255,000 | $54,596 |
$200k-400k | 210 | $55,460,000 | $264,095 |
$400k-600k | 12 | $5,540,000 | $461,667 |
$600k-1000k | 8 | $5,970,000 | $746,250 |
$Over $1MM | 3 | $5,715,000 | $1,905,000 |
Bedford's loan sizing saw the bucket of loans from $100k-200k with 409 originations, totaling $61,055,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 427 | $87,395,000 | $204,672 |
60-80% | 167 | $29,305,000 | $175,479 |
20-40% | 144 | $11,000,000 | $76,389 |
Under 20% | 140 | $4,980,000 | $35,571 |
40-60% | 93 | $11,645,000 | $125,215 |
Over 100% | 12 | $2,910,000 | $242,500 |
Bedford's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 427 originations, totaling $87,395,000 in origination value.