Bedford Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Bedford averaged
6.9%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
7.03% and
one month ago for the week of 2023-02-09, the
average rate was 6.22%.
Bedford's average rate one year ago was 3.95%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.74%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
Bedford 30 Year Fixed Rate | 2023-03-16 | 6.9% |
Bedford 30 Year Fixed Rate Refi | 2023-03-16 | 6.74% |
Bedford 15 Year Fixed Rate | 2023-03-16 | 5.99% |
Bedford 15 Year Fixed Rate Refi | 2023-03-16 | 6.2% |
Bedford 30 Year FHA | 2023-03-16 | 6.58% |
Bedford 30 Year FHA Refi | 2023-03-16 | 6.44% |
Bedford 30 Year USDA | 2023-03-16 | 6.92% |
Bedford 30 Year USDA Refi | 2023-03-16 | 6.46% |
Bedford 30 Year VA | 2023-03-16 | 6.8% |
Bedford 30 Year VA Refi | 2023-03-16 | 6.19% |
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 86 lenders originated 1,447
loans during 2021. The total origination value was $234,255,000, with an average loan value of
$161,890.
Bedford's average closing costs are $3,539.
The top Bedford lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with
99 loans originated. Their average total fees are
$1,779, which is $3,143
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Bedford lenders (with over 10 loans originated) are
CRANE ($1,541), Old National Bank ($1,662), INDIANA UNIVERSITY CREDIT UNION ($1,673), RUOFF MORTGAGE COMPANY, INC. ($1,779) and JPMorgan Chase Bank ($2,025).
The lowest rate Bedford lenders (with over 10 loans originated) are
German American Bank (2.89%), AMCAP MORTGAGE, LTD. (3.17%), Fifth Third Bank (3.18%), INDIANA UNIVERSITY CREDIT UNION (3.21%) and JPMorgan Chase Bank (3.22%).
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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
---|---|---|---|---|
RUOFF MORTGAGE COMPANY, INC. | $38,210,000 | $52,450,000 | 37.3% | 22.4% |
QUICKEN LOANS, LLC | $14,465,000 | $20,380,000 | 40.9% | 8.7% |
AMCAP MORTGAGE, LTD. | $12,835,000 | n/a | 5.5% | |
Flanagan State Bank | $14,685,000 | $11,285,000 | -23.2% | 4.8% |
German American Bank | $6,645,000 | $7,865,000 | 18.4% | 3.4% |
FREEDOM MORTGAGE CORPORATION | $5,500,000 | $7,650,000 | 39.1% | 3.3% |
Old National Bank | $4,425,000 | $6,800,000 | 53.7% | 2.9% |
Mortgage Research Center, LLC | $3,380,000 | $6,235,000 | 84.5% | 2.7% |
INDIANA UNIVERSITY CREDIT UNION | $6,940,000 | $6,060,000 | -12.7% | 2.6% |
CRANE | $4,880,000 | $5,775,000 | 18.3% | 2.5% |
Jackson County Bank | $9,585,000 | $5,310,000 | -44.6% | 2.3% |
Fifth Third Bank | $3,335,000 | $4,825,000 | 44.7% | 2.1% |
FAIR WAY LENDING LLC | $1,940,000 | $4,555,000 | 134.8% | 1.9% |
The Federal Savings Bank | $2,360,000 | $3,465,000 | 46.8% | 1.5% |
Owen County State Bank | $1,555,000 | $3,265,000 | 110.0% | 1.4% |
JPMorgan Chase Bank | $890,000 | $3,090,000 | 247.2% | 1.3% |
The Peoples State Bank | $4,130,000 | $3,060,000 | -25.9% | 1.3% |
NAVY FEDERAL CREDIT UNION | $1,960,000 | $2,740,000 | 39.8% | 1.2% |
Mr. Cooper ( Nationstar Mortgage ) | $1,395,000 | $2,670,000 | 91.4% | 1.1% |
USAA Federal Savings Bank | $2,065,000 | $2,295,000 | 11.1% | 1.0% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $555,000 | $2,245,000 | 304.5% | 1.0% |
PENNYMAC LOAN SERVICES, LLC | $1,260,000 | $2,225,000 | 76.6% | 0.9% |
LOANDEPOT.COM, LLC | $1,900,000 | $2,170,000 | 14.2% | 0.9% |
CALIBER HOME LOANS, INC. | $450,000 | $2,045,000 | 354.4% | 0.9% |
FORUM Credit Union | $1,990,000 | n/a | 0.8% | |
AMERICAN MORTGAGE SERVICE COMPANY | $1,175,000 | $1,955,000 | 66.4% | 0.8% |
GVC MORTGAGE, INC. | $1,440,000 | $1,750,000 | 21.5% | 0.7% |
MORTGAGE MASTERS OF INDIANA, INC. | $2,310,000 | $1,730,000 | -25.1% | 0.7% |
NEWREZ LLC | $1,115,000 | $1,700,000 | 52.5% | 0.7% |
Wells Fargo Bank | $215,000 | $1,640,000 | 662.8% | 0.7% |
BETTER MORTGAGE CORPORATION | $1,605,000 | n/a | 0.7% | |
First Financial Bank | $355,000 | $1,560,000 | 339.4% | 0.7% |
Carrington Mortgage Services, LLC | $1,010,000 | $1,545,000 | 53.0% | 0.7% |
Northpointe Bank | $890,000 | $1,485,000 | 66.9% | 0.6% |
AMERISAVE MORTGAGE CORPORATION | $925,000 | $1,280,000 | 38.4% | 0.5% |
First Guaranty Mortgage Corporation | $760,000 | $1,185,000 | 55.9% | 0.5% |
BROKER SOLUTIONS, INC. | $745,000 | $1,120,000 | 50.3% | 0.5% |
Farm Credit Mid-America, ACA | $1,950,000 | $1,115,000 | -42.8% | 0.5% |
SUCCESS MORTGAGE PARTNERS, INC. | $505,000 | $1,045,000 | 106.9% | 0.4% |
PREMIA MORTGAGE, LLC | $995,000 | n/a | 0.4% | |
Union Savings Bank | $625,000 | $975,000 | 56.0% | 0.4% |
PENTAGON FEDERAL CREDIT UNION | $930,000 | n/a | 0.4% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,170,000 | $890,000 | -23.9% | 0.4% |
CROSSCOUNTRY MORTGAGE, LLC | $425,000 | $865,000 | 103.5% | 0.4% |
Raymond James Bank | $865,000 | n/a | 0.4% | |
Regions Bank | $1,765,000 | $855,000 | -51.6% | 0.4% |
NEW DAY FINANCIAL, LLC | $55,000 | $780,000 | 1,318.2% | 0.3% |
UNITED WHOLESALE MORTGAGE, LLC | $1,600,000 | $715,000 | -55.3% | 0.3% |
The Huntington National Bank | $355,000 | $705,000 | 98.6% | 0.3% |
LAKEVIEW LOAN SERVICING, LLC | $155,000 | $695,000 | 348.4% | 0.3% |
HOME POINT FINANCIAL CORPORATION | $715,000 | $685,000 | -4.2% | 0.3% |
HOMESIDE FINANCIAL, LLC | $680,000 | n/a | 0.3% | |
MOVEMENT MORTGAGE, LLC | $650,000 | n/a | 0.3% | |
HALLMARK HOME MORTGAGE, LLC | $695,000 | $620,000 | -10.8% | 0.3% |
MICHIGAN MUTUAL, INC. | $585,000 | $615,000 | 5.1% | 0.3% |
GSF Mortgage Corporation | $540,000 | n/a | 0.2% | |
Wolfe Financial, Inc | $510,000 | n/a | 0.2% | |
Flagstar Bank, FSB | $505,000 | n/a | 0.2% | |
Barrington Bank & Trust Company, N.A. | $515,000 | $485,000 | -5.8% | 0.2% |
Bank of England | $185,000 | $470,000 | 154.1% | 0.2% |
TEACHERS CREDIT UNION | $295,000 | $470,000 | 59.3% | 0.2% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $460,000 | n/a | 0.2% | |
VILLAGE CAPITAL & INVESTMENT LLC | $1,295,000 | $460,000 | -64.5% | 0.2% |
MORTGAGE ACCESS CORP. | $490,000 | $455,000 | -7.1% | 0.2% |
CELEBRITY HOME LOANS, LLC | $85,000 | $425,000 | 400.0% | 0.2% |
Mid-Southern Savings Bank, FSB | $235,000 | $415,000 | 76.6% | 0.2% |
AMERICAN FINANCIAL RESOURCES, INC. | $435,000 | $405,000 | -6.9% | 0.2% |
Northwest Bank | $1,040,000 | $400,000 | -61.5% | 0.2% |
AMERIFIRST FINANCIAL CORPORATION | $175,000 | $385,000 | 120.0% | 0.2% |
21ST MORTGAGE CORPORATION | $170,000 | $375,000 | 120.6% | 0.2% |
MILESTONE HOME LENDING, LLC | $500,000 | $370,000 | -26.0% | 0.2% |
U.S. Bank | $370,000 | n/a | 0.2% | |
ROYAL UNITED MORTGAGE LLC | $600,000 | $340,000 | -43.3% | 0.1% |
BMO Harris Bank | $115,000 | $325,000 | 182.6% | 0.1% |
First Federal Bank, A FSB | $305,000 | n/a | 0.1% | |
1ST SIGNATURE LENDING, LLC | $125,000 | $300,000 | 140.0% | 0.1% |
Farmers and Mechanics Federal Savings Bank | $260,000 | $300,000 | 15.4% | 0.1% |
Baxter Credit Union | $610,000 | $295,000 | -51.6% | 0.1% |
INTERRA CREDIT UNION | $295,000 | n/a | 0.1% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $65,000 | $290,000 | 346.2% | 0.1% |
CHURCHILL MORTGAGE CORPORATION | $635,000 | $280,000 | -55.9% | 0.1% |
UNIVERSITY LENDING GROUP, LLC | $275,000 | n/a | 0.1% | |
ZILLOW HOME LOANS, LLC | $155,000 | $265,000 | 71.0% | 0.1% |
AMERICAN FINANCING CORPORATION | $255,000 | n/a | 0.1% | |
DELMAR FINANCIAL COMPANY | $255,000 | n/a | 0.1% | |
OCEANSIDE MORTGAGE COMPANY | $275,000 | $240,000 | -12.7% | 0.1% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $9,650,000 | $240,000 | -97.5% | 0.1% |
MJW Financial LLC | $335,000 | $235,000 | -29.9% | 0.1% |
Renasant Bank | $215,000 | n/a | 0.1% | |
CIBM Bank | $195,000 | n/a | 0.1% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $330,000 | $195,000 | -40.9% | 0.1% |
First Internet Bank of Indiana | $185,000 | n/a | 0.1% | |
SOVEREIGN LENDING GROUP INCORPORATED | $185,000 | n/a | 0.1% | |
ACADEMY MORTGAGE CORPORATION | $175,000 | n/a | 0.1% | |
Centra Credit Union | $270,000 | $165,000 | -38.9% | 0.1% |
CMG MORTGAGE, INC. | $165,000 | n/a | 0.1% | |
Loan Simple, Inc. | $165,000 | n/a | 0.1% | |
Low VA Rates, LLC | $165,000 | n/a | 0.1% | |
POLARIS HOME FUNDING CORP. | $135,000 | $165,000 | 22.2% | 0.1% |
SOUTHWEST FUNDING, LP | $165,000 | n/a | 0.1% | |
The State Bank and Trust Company | $205,000 | $165,000 | -19.5% | 0.1% |
PNC Bank | $220,000 | $155,000 | -29.5% | 0.1% |
Sierra Pacific Mortgage Company, Inc. | $155,000 | n/a | 0.1% | |
UNION HOME MORTGAGE CORP. | $75,000 | $150,000 | 100.0% | 0.1% |
PLANET HOME LENDING, LLC | $75,000 | $145,000 | 93.3% | 0.1% |
Colten Mortgage, LLC | $135,000 | n/a | 0.1% | |
InterContinental Capital Group, Inc | $135,000 | n/a | 0.1% | |
MYCUMORTGAGE, LLC | $95,000 | $135,000 | 42.1% | 0.1% |
Three Rivers Federal Credit Union | $135,000 | n/a | 0.1% | |
AmeriHome Mortgage Company, LLC | $125,000 | n/a | 0.1% | |
Chickasaw Community Bank | $125,000 | n/a | 0.1% | |
Nations Lending Corporation | $470,000 | $125,000 | -73.4% | 0.1% |
TOP FLITE FINANCIAL, INC. | $125,000 | n/a | 0.1% | |
PHH Mortgage Corporation | $190,000 | $120,000 | -36.8% | 0.1% |
GENEVA FINANCIAL, LLC | $115,000 | n/a | 0.0% | |
Horizon Bank | $240,000 | $115,000 | -52.1% | 0.0% |
Ixonia Bank | $115,000 | n/a | 0.0% | |
Citizens Bank | $105,000 | n/a | 0.0% | |
Fidelity Bank | $105,000 | n/a | 0.0% | |
LIBERTY HOME MORTGAGE CORPORATION | $145,000 | $105,000 | -27.6% | 0.0% |
RELIANCE FIRST CAPITAL, LLC | $105,000 | n/a | 0.0% | |
WesBanco Bank, Inc. | $105,000 | n/a | 0.0% | |
AMERICAN ADVISORS GROUP | $50,000 | $90,000 | 80.0% | 0.0% |
LOANPAL, LLC | $400,000 | $85,000 | -78.8% | 0.0% |
Merchants Bank of Indiana | $85,000 | n/a | 0.0% | |
First Financial Bank | $355,000 | $75,000 | -78.9% | 0.0% |
First Savings Bank | $240,000 | $75,000 | -68.8% | 0.0% |
KEMBA CREDIT UNION, INC. | $75,000 | n/a | 0.0% | |
DAS Acquisition Company, LLC | $65,000 | n/a | 0.0% | |
Discover Bank | $55,000 | n/a | 0.0% | |
Figure Lending LLC | $55,000 | n/a | 0.0% | |
EVANSVILLE TEACHERS | $805,000 | $45,000 | -94.4% | 0.0% |
SPRING EQ, LLC | $45,000 | n/a | 0.0% | |
MidFirst Bank | $35,000 | n/a | 0.0% | |
INDIANA MEMBERS CREDIT UNION | $65,000 | $15,000 | -76.9% | 0.0% |
Bedford's top lender by overall market share is RUOFF MORTGAGE COMPANY, INC., with 22.4% market share. In second place, with 8.7%, is QUICKEN LOANS, LLC, having originated $20,380,000 in loans. In third place, with 5.5%, is AMCAP MORTGAGE, LTD., having originated $12,835,000 in loans. In fourth place, with 4.8%, is Flanagan State Bank, having originated $11,285,000 in loans. In fifth place, with 3.4%, is German American Bank, having originated $7,865,000 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 | $124,175 (3.5%) | $177,918 (10.3%) | 0.00 | 211 |
2018-05-01 | $129,900 (7.0%) | $168,551 (3.3%) | 0.00 | 218 |
2018-06-01 | $129,900 (0.0%) | $167,017 (-1.3%) | 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 (10.0%) | $180,213 (6.9%) | 0.00 | 230 |
2018-10-01 | $139,900 (10.2%) | $173,160 (2.5%) | 0.00 | 240 |
2018-11-01 | $137,400 (5.8%) | $170,528 (-1.7%) | 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%) | $181,587 (17.6%) | 0.00 | 168 |
2019-04-01 | $144,175 (16.1%) | $197,433 (11.0%) | 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 (11.4%) | 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 | $247,425 (4.4%) | $292,272 (19.0%) | 0.00 | 115 |
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 | $244,400 (8.7%) | $295,390 (18.0%) | 0.00 | 126 |
2022-12-01 | $249,900 (9.3%) | $294,132 (21.4%) | 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 |
Bedford's median listing price comes in at 0% of the national average.
Bedford's average listing price for 2023-02-01 was $298,899, a difference of $47,557 (18.9%) versus the prior year and $-16,501 versus the prior month.
For the 2023-02-01 period, Bedford had 79 MLS listings, a difference of -18 listings (-19%) versus the prior month and 22 listings (39%) 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 | 1,619 sqft |
2018-05-01 | 0 days | 1,654 sqft |
2018-06-01 | 0 days | 1,702 sqft |
2018-07-01 | 0 days | 1,685 sqft |
2018-08-01 | 0 days | 1,672 sqft |
2018-09-01 | 0 days | 1,639 sqft |
2018-10-01 | 0 days | 1,674 sqft |
2018-11-01 | 0 days | 1,649 sqft |
2018-12-01 | 0 days | 1,668 sqft |
2019-01-01 | 0 days | 1,653 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 | 1,788 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 |
Bedford's median square footage for active listings during the 2023-02-01 period was 1,703 sqft. One year prior, the average listing was 1,687 sqft.
Bedford, IN Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 667 | $124,115,000 | $186,079 |
Refi | 433 | $62,305,000 | $143,891 |
Cash Out Refi | 274 | $39,830,000 | $145,365 |
Other | 39 | $3,835,000 | $98,333 |
Home Improvement | 34 | $4,170,000 | $122,647 |
Bedford's most frequently cited loan purpose was Home Purchase, with 667 originations. The 2nd most popular reason was Refi, with 433 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 701 | $113,585,000 | $162,033 |
2.5-3% | 457 | $76,815,000 | $168,085 |
<2.5% | 200 | $31,800,000 | $159,000 |
4-5% | 37 | $6,285,000 | $169,865 |
5-6% | 10 | $910,000 | $91,000 |
Over 8% | 7 | $365,000 | $52,143 |
6-7% | 5 | $345,000 | $69,000 |
7-8% | 1 | $75,000 | $75,000 |
During 2021, Bedford's most frequently originated rate bucket was 3-4%, with 701 originations.
Loan Sizing (Bedford, IN MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 740 | $106,660,000 | $144,135 |
$100,000 or less | 354 | $24,780,000 | $70,000 |
$200k-400k | 319 | $83,945,000 | $263,150 |
$400k-600k | 28 | $13,130,000 | $468,929 |
$600k-1000k | 4 | $2,840,000 | $710,000 |
$Over $1MM | 2 | $2,900,000 | $1,450,000 |
Bedford's loan sizing saw the bucket of loans from $100k-200k with 740 originations, totaling $106,660,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 716 | $130,420,000 | $182,151 |
60-80% | 365 | $60,555,000 | $165,904 |
40-60% | 132 | $15,610,000 | $118,258 |
20-40% | 81 | $6,295,000 | $77,716 |
Under 20% | 37 | $1,185,000 | $32,027 |
Over 100% | 23 | $4,835,000 | $210,217 |
Bedford's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 716 originations, totaling $130,420,000 in origination value.