Bogalusa Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Bogalusa averaged 6.87% 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% and one month ago for the week of 2023-02-09, the average rate was 6.59%.

    Bogalusa's average rate one year ago was 4.32%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.96%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Bogalusa 30 Year Fixed Rate 2023-03-16 6.87%
    Bogalusa 30 Year Fixed Rate Refi 2023-03-16 6.96%
    Bogalusa 15 Year Fixed Rate 2023-03-16 6.48%
    Bogalusa 15 Year Fixed Rate Refi 2023-03-16 6.32%
    Bogalusa 30 Year FHA 2023-03-16 6.84%
    Bogalusa 30 Year FHA Refi 2023-03-16 6.64%
    Bogalusa 30 Year USDA 2023-03-16 6.57%
    Bogalusa 30 Year USDA Refi 2023-03-16 6.37%
    Bogalusa 30 Year VA 2023-03-16 6.77%
    Bogalusa 30 Year VA Refi 2023-03-16 5.92%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Bogalusa, LA.

    Bogalusa 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 Bogalusa, LA 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.).

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    QUICKEN LOANS, LLC 32 3.16% $4,930
    GMFS LLC 32 3.05% $3,754
    Hancock Whitney Bank 9 3.14% $4,277
    CRESCENT MORTGAGE COMPANY 8 3.36% $3,447
    LOANDEPOT.COM, LLC 7 3.36% $4,626
    CALIBER HOME LOANS, INC. 7 3.42% $3,584
    STANDARD MORTGAGE CORPORATION 5 3.20% $3,125
    Regions Bank 4 3.56% $3,436
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 4 3.22% $7,666
    Wells Fargo Bank 4 3.31% $2,552
    MOVEMENT MORTGAGE, LLC 4 3.20% $3,596
    KEESLER 4 3.00% $3,404
    JPMorgan Chase Bank 4 3.09% $2,236
    NAVY FEDERAL CREDIT UNION 3 4.04% $2,170
    AMERISAVE MORTGAGE CORPORATION 3 2.71% $6,412
    Goldwater Bank, N.A. 2 3.44% $3,684
    CROSSCOUNTRY MORTGAGE, LLC 2 3.06% $5,125
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 3.31% $5,583
    FIDELITY BANK 2 4.19% $3,409
    Gateway First Bank 2 3.19% $1,522
    MID AMERICA MORTGAGE, INC. 2 3.69% $5,148
    NEWREZ LLC 2 3.19% $3,172
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 2.99% $3,788
    HOMESIDE FINANCIAL, LLC 1 4.25% $5,110
    First Horizon Bank 1 3.25% $5,534
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 3.50% $2,981
    LHM FINANCIAL CORPORATION 1 2.88% $4,025
    EMM LOANS LLC 1 3.25% $8,856
    UNITED WHOLESALE MORTGAGE, LLC 1 3.63% $2,575
    DRAPER AND KRAMER MORTGAGE CORP. 1 3.25% $3,954
    Mr. Cooper ( Nationstar Mortgage ) 1 3.63% $3,430
    M&T Bank 1 3.63% $2,537
    Nations Lending Corporation 1 3.38% $708
    Discover Bank 1 5.75% $0
    ANGEL OAK HOME LOANS LLC 1 3.00% $3,930
    Northpointe Bank 1 3.25% $4,263
    Pelican State Credit Union 1 6.50% $2,591
    BBVA USA 1 3.63% $3,707
    Bank of England 1 3.38% $3,549
    Republic State Mortgage Co. 1 3.63% $4,738
    RESIDENTIAL BANCORP. 1 2.99% $2,866
    ROYAL UNITED MORTGAGE LLC 1 2.88% $7,901
    Southwest Airlines Federal Credit Union 1 2.88% $5,819
    Bank of America 1 2.75% $4,101
    SWBC MORTGAGE CORPORATION 1 2.75% $2,545
    Trustmark National Bank 1 3.38% $3,021
    UNION HOME MORTGAGE CORP. 1 3.25% $4,128
    Gulf Coast Bank and Trust Company 1 3.00% $3,343
    GSF Mortgage Corporation 1 3.99% $5,647

    Bogalusa Average Closing Costs & Other Stats

    Bogalusa, LA's 49 lenders originated 783 loans during 2021. The total origination value was $120,245,000, with an average loan value of $153,570.

    Bogalusa's average closing costs are $4,746.

    The top Bogalusa lender as defined by loan originations is QUICKEN LOANS, LLC, with 32 loans originated. Their average total fees are $4,930, which is $1,176 higher than the next largest lender, GMFS LLC.

    The lowest fee Bogalusa lenders (with over 10 loans originated) are GMFS LLC ($3,754), QUICKEN LOANS, LLC ($4,930), .

    The lowest rate Bogalusa lenders (with over 10 loans originated) are GMFS LLC (3.05%), QUICKEN LOANS, LLC (3.16%), .

    Bogalusa, LA 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
    Citizens Savings Bank $21,110,000 $20,215,000 -4.2% 16.8%
    QUICKEN LOANS, LLC $10,565,000 $15,450,000 46.2% 12.8%
    GMFS LLC $13,505,000 $11,940,000 -11.6% 9.9%
    CALIBER HOME LOANS, INC. $2,845,000 $5,680,000 99.6% 4.7%
    Hancock Whitney Bank $3,265,000 $4,540,000 39.1% 3.8%
    FREEDOM MORTGAGE CORPORATION $5,240,000 $3,495,000 -33.3% 2.9%
    MID AMERICA MORTGAGE, INC. $1,185,000 $2,590,000 118.6% 2.2%
    CRESCENT MORTGAGE COMPANY $2,200,000 $2,490,000 13.2% 2.1%
    Mortgage Research Center, LLC $1,160,000 $2,405,000 107.3% 2.0%
    Gulf Coast Bank and Trust Company $1,815,000 $2,365,000 30.3% 2.0%
    LHM FINANCIAL CORPORATION $2,490,000 $2,185,000 -12.2% 1.8%
    21ST MORTGAGE CORPORATION $980,000 $1,855,000 89.3% 1.5%
    VANDERBILT MORTGAGE AND FINANCE, INC. $1,940,000 $1,800,000 -7.2% 1.5%
    Regions Bank $485,000 $1,695,000 249.5% 1.4%
    LOANDEPOT.COM, LLC $2,320,000 $1,690,000 -27.2% 1.4%
    CROSSCOUNTRY MORTGAGE, LLC $690,000 $1,560,000 126.1% 1.3%
    JPMorgan Chase Bank $750,000 $1,445,000 92.7% 1.2%
    STANDARD MORTGAGE CORPORATION $870,000 $1,395,000 60.3% 1.2%
    MOVEMENT MORTGAGE, LLC $1,160,000 $1,305,000 12.5% 1.1%
    Goldwater Bank, N.A. $2,880,000 $1,280,000 -55.6% 1.1%
    Wells Fargo Bank $1,230,000 $1,235,000 0.4% 1.0%
    FIDELITY BANK $2,305,000 $1,180,000 -48.8% 1.0%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $280,000 $1,140,000 307.1% 0.9%
    AMERISAVE MORTGAGE CORPORATION $1,165,000 $1,115,000 -4.3% 0.9%
    PENNYMAC LOAN SERVICES, LLC $1,885,000 $1,100,000 -41.6% 0.9%
    AMERICAN FINANCIAL NETWORK, INC. $340,000 $1,095,000 222.1% 0.9%
    Mr. Cooper ( Nationstar Mortgage ) $890,000 $1,075,000 20.8% 0.9%
    Nations Lending Corporation $215,000 $1,035,000 381.4% 0.9%
    SOUTHWEST STAGE FUNDING, LLC $715,000 $890,000 24.5% 0.7%
    NAVY FEDERAL CREDIT UNION $760,000 $835,000 9.9% 0.7%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $510,000 $780,000 52.9% 0.6%
    KEESLER $1,105,000 $775,000 -29.9% 0.6%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $525,000 $770,000 46.7% 0.6%
    First Horizon Bank $745,000 n/a 0.6%
    Carrington Mortgage Services, LLC $385,000 $740,000 92.2% 0.6%
    NEWREZ LLC $500,000 $730,000 46.0% 0.6%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $670,000 n/a 0.6%
    HOME POINT FINANCIAL CORPORATION $145,000 $630,000 334.5% 0.5%
    The First, A National Banking Association $260,000 $590,000 126.9% 0.5%
    ANGEL OAK HOME LOANS LLC $205,000 $565,000 175.6% 0.5%
    Plains Commerce Bank $135,000 $545,000 303.7% 0.5%
    Resource Bank $465,000 $495,000 6.5% 0.4%
    LAKEVIEW LOAN SERVICING, LLC $195,000 $475,000 143.6% 0.4%
    TRIAD FINANCIAL SERVICES, INC. $105,000 $460,000 338.1% 0.4%
    Barrington Bank & Trust Company, N.A. $450,000 n/a 0.4%
    ROYAL UNITED MORTGAGE LLC $445,000 n/a 0.4%
    Gateway First Bank $715,000 $425,000 -40.6% 0.4%
    First Guaranty Bank $245,000 $420,000 71.4% 0.3%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $410,000 n/a 0.3%
    THRIVE MORTGAGE, LLC $405,000 n/a 0.3%
    ACCELERATE MORTGAGE, LLC $385,000 n/a 0.3%
    HOMESIDE FINANCIAL, LLC $375,000 n/a 0.3%
    Pelican State Credit Union $145,000 $375,000 158.6% 0.3%
    Assurance Financial Group, L.L.C. $1,450,000 $360,000 -75.2% 0.3%
    STEARNS LENDING, LLC $355,000 n/a 0.3%
    Low VA Rates, LLC $350,000 n/a 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $330,000 $335,000 1.5% 0.3%
    Reliant Bank $365,000 $320,000 -12.3% 0.3%
    UNITED WHOLESALE MORTGAGE, LLC $215,000 $315,000 46.5% 0.3%
    GSF Mortgage Corporation $345,000 $305,000 -11.6% 0.3%
    First Federal Bank of Kansas City $285,000 n/a 0.2%
    UNION HOME MORTGAGE CORP. $185,000 $275,000 48.6% 0.2%
    Citizens Bank $110,000 $270,000 145.5% 0.2%
    PENTAGON FEDERAL CREDIT UNION $270,000 n/a 0.2%
    Capital Bank $255,000 n/a 0.2%
    Northpointe Bank $245,000 n/a 0.2%
    DELMAR FINANCIAL COMPANY $240,000 n/a 0.2%
    Cornerstone State Bank $235,000 n/a 0.2%
    Southwest Airlines Federal Credit Union $235,000 n/a 0.2%
    CSL Financial, LLC $90,000 $215,000 138.9% 0.2%
    Republic State Mortgage Co. $215,000 n/a 0.2%
    USAA Federal Savings Bank $865,000 $215,000 -75.1% 0.2%
    Heritage Bank of St Tammany $1,205,000 $210,000 -82.6% 0.2%
    VILLAGE CAPITAL & INVESTMENT LLC $75,000 $180,000 140.0% 0.1%
    America's Mortgage Resource, Inc. $175,000 n/a 0.1%
    BETTER MORTGAGE CORPORATION $175,000 n/a 0.1%
    DRAPER AND KRAMER MORTGAGE CORP. $175,000 n/a 0.1%
    Trustmark National Bank $360,000 $175,000 -51.4% 0.1%
    SWBC MORTGAGE CORPORATION $325,000 $165,000 -49.2% 0.1%
    AmeriHome Mortgage Company, LLC $280,000 $155,000 -44.6% 0.1%
    EMM LOANS LLC $155,000 n/a 0.1%
    PNC Bank $155,000 n/a 0.1%
    RESIDENTIAL BANCORP. $155,000 n/a 0.1%
    Truist Bank $155,000 n/a 0.1%
    Bank of England $145,000 n/a 0.1%
    MORTGAGE FINANCIAL SERVICES, LLC $610,000 $145,000 -76.2% 0.1%
    OPEN MORTGAGE, LLC $235,000 $145,000 -38.3% 0.1%
    GUILD MORTGAGE COMPANY $135,000 n/a 0.1%
    InterContinental Capital Group, Inc $125,000 $135,000 8.0% 0.1%
    SOVEREIGN LENDING GROUP INCORPORATED $115,000 $135,000 17.4% 0.1%
    NATIONS RELIABLE LENDING, LLC $125,000 n/a 0.1%
    RED RIVER EMPLOYEES $210,000 $125,000 -40.5% 0.1%
    CLEARPATH LENDING $195,000 $105,000 -46.2% 0.1%
    U.S. Bank $105,000 n/a 0.1%
    CHURCHILL MORTGAGE CORPORATION $95,000 n/a 0.1%
    Citizens Bank $110,000 $90,000 -18.2% 0.1%
    Figure Lending LLC $90,000 n/a 0.1%
    THE NEW ORLEANS FIREMEN'S FEDERAL CREDIT UNION $90,000 n/a 0.1%
    SOUTHWEST FUNDING, LP $115,000 $85,000 -26.1% 0.1%
    Discover Bank $75,000 n/a 0.1%
    Bank of America $75,000 $65,000 -13.3% 0.1%
    BBVA USA $65,000 n/a 0.1%
    Renasant Bank $65,000 n/a 0.1%
    CMG MORTGAGE, INC. $320,000 $60,000 -81.3% 0.0%
    Manufacturers and Traders Trust Company $55,000 n/a 0.0%
    Community First Bank $45,000 n/a 0.0%

    Bogalusa's top lender by overall market share is Citizens Savings Bank, with 16.8% market share. In second place, with 12.8%, is QUICKEN LOANS, LLC, having originated $15,450,000 in loans. In third place, with 9.9%, is GMFS LLC, having originated $11,940,000 in loans. In fourth place, with 4.7%, is CALIBER HOME LOANS, INC., having originated $5,680,000 in loans. In fifth place, with 3.8%, is Hancock Whitney Bank, having originated $4,540,000 in loans.

    Bogalusa Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Bogalusa (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 $151,905 (-1.2%) $246,158 (4.7%) 0.00 122
    2018-02-01 $149,835 (5.0%) $251,345 (11.0%) 0.00 113
    2018-03-01 $149,900 (7.1%) $249,910 (10.1%) 0.00 119
    2018-04-01 $152,825 (17.6%) $248,889 (8.7%) 0.00 123
    2018-05-01 $154,665 (10.5%) $248,325 (2.1%) 0.00 128
    2018-06-01 $162,450 (8.3%) $249,617 (-2.0%) 0.00 123
    2018-07-01 $162,500 (9.1%) $252,208 (5.0%) 0.00 124
    2018-08-01 $169,900 (17.3%) $254,821 (9.1%) 0.00 117
    2018-09-01 $165,000 (11.9%) $228,149 (-4.2%) 0.00 121
    2018-10-01 $160,315 (8.4%) $318,152 (34.5%) 0.00 120
    2018-11-01 $160,858 (8.2%) $331,648 (36.2%) 0.00 118
    2018-12-01 $149,900 (-2.7%) $343,483 (39.9%) 0.00 120
    2019-01-01 $149,900 (-1.3%) $323,370 (31.4%) 0.00 128
    2019-02-01 $149,900 (0.0%) $328,474 (30.7%) 0.00 127
    2019-03-01 $158,471 (5.7%) $330,276 (32.2%) 0.00 121
    2019-04-01 $166,021 (8.6%) $324,091 (30.2%) 0.00 120
    2019-05-01 $159,225 (3.0%) $302,529 (21.8%) 0.00 124
    2019-06-01 $162,500 (0.0%) $311,362 (24.7%) 0.00 123
    2019-07-01 $168,150 (3.5%) $322,426 (27.8%) 0.00 116
    2019-08-01 $168,277 (-1.0%) $319,152 (25.3%) 0.00 119
    2019-09-01 $168,467 (2.1%) $317,731 (39.3%) 0.00 124
    2019-10-01 $164,286 (2.5%) $292,712 (-8.0%) 0.00 128
    2019-11-01 $164,300 (2.1%) $228,747 (-31.0%) 0.00 116
    2019-12-01 $160,000 (6.7%) $233,126 (-32.1%) 0.00 107
    2020-01-01 $158,750 (5.9%) $241,398 (-25.4%) 0.00 93
    2020-02-01 $160,000 (6.7%) $243,824 (-25.8%) 0.00 95
    2020-03-01 $172,697 (9.0%) $237,894 (-28.0%) 0.00 111
    2020-04-01 $167,798 (1.1%) $235,228 (-27.4%) 0.00 111
    2020-05-01 $162,076 (1.8%) $228,298 (-24.5%) 0.00 104
    2020-06-01 $165,000 (1.5%) $235,780 (-24.3%) 0.00 94
    2020-07-01 $175,825 (4.6%) $245,850 (-23.8%) 0.00 84
    2020-08-01 $176,453 (4.9%) $241,656 (-24.3%) 0.00 83
    2020-09-01 $175,000 (3.9%) $244,145 (-23.2%) 0.00 73
    2020-10-01 $174,000 (5.9%) $252,434 (-13.8%) 0.00 65
    2020-11-01 $193,500 (17.8%) $262,888 (14.9%) 0.00 56
    2020-12-01 $171,500 (7.2%) $232,239 (-0.4%) 0.00 63
    2021-01-01 $155,000 (-2.4%) $211,613 (-12.3%) 0.00 57
    2021-02-01 $147,000 (-8.1%) $203,027 (-16.7%) 0.00 53
    2021-03-01 $165,875 (-4.0%) $250,347 (5.2%) 0.00 42
    2021-04-01 $161,700 (-3.6%) $233,092 (-0.9%) 0.00 37
    2021-05-01 $180,000 (11.1%) $242,624 (6.3%) 0.00 42
    2021-06-01 $180,000 (9.1%) $222,129 (-5.8%) 0.00 53
    2021-07-01 $198,000 (12.6%) $326,270 (32.7%) 0.00 57
    2021-08-01 $199,750 (13.2%) $343,399 (42.1%) 0.00 53
    2021-09-01 $203,500 (16.3%) $351,082 (43.8%) 0.00 54
    2021-10-01 $208,800 (20.0%) $357,500 (41.6%) 0.00 51
    2021-11-01 $236,250 (22.1%) $271,681 (3.3%) 0.00 46
    2021-12-01 $215,000 (25.4%) $235,252 (1.3%) 0.00 46
    2022-01-01 $180,000 (16.1%) $228,714 (8.1%) 0.00 39
    2022-02-01 $172,500 (17.4%) $223,511 (10.1%) 0.00 35
    2022-03-01 $137,500 (-17.1%) $208,321 (-16.8%) 0.00 41
    2022-04-01 $170,000 (5.1%) $211,114 (-9.4%) 0.00 42
    2022-05-01 $215,000 (19.4%) $266,366 (9.8%) 0.00 46
    2022-06-01 $194,625 (8.1%) $244,537 (10.1%) 0.00 57
    2022-07-01 $198,750 (0.4%) $254,009 (-22.2%) 0.00 58
    2022-08-01 $173,500 (-13.1%) $230,672 (-32.8%) 0.00 64
    2022-09-01 $179,625 (-11.7%) $243,934 (-30.5%) 0.00 62
    2022-10-01 $192,000 (-8.1%) $247,730 (-30.7%) 0.00 72
    2022-11-01 $187,000 (-20.9%) $239,116 (-12.0%) 0.00 78
    2022-12-01 $179,863 (-16.3%) $241,413 (2.6%) 0.00 73
    2023-01-01 $199,875 (11.0%) $255,251 (11.6%) 0.00 64
    2023-02-01 $216,876 (25.7%) $257,851 (15.4%) 0.00 61
    Bogalusa's median listing price for 2023-02-01 was $216,876, a difference of $44,376 (25.7%) versus the prior year and $17,001 versus the prior month.

    Bogalusa's median listing price comes in at 0% of the national average.

    Bogalusa's average listing price for 2023-02-01 was $257,851, a difference of $34,340 (15.4%) versus the prior year and $2,600 versus the prior month.

    For the 2023-02-01 period, Bogalusa had 61 MLS listings, a difference of -3 listings (-5%) versus the prior month and 26 listings (74%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Bogalusa (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,797 sqft
    2018-02-01 0 days 1,794 sqft
    2018-03-01 0 days 1,845 sqft
    2018-04-01 0 days 1,855 sqft
    2018-05-01 0 days 1,868 sqft
    2018-06-01 0 days 1,966 sqft
    2018-07-01 0 days 2,000 sqft
    2018-08-01 0 days 1,927 sqft
    2018-09-01 0 days 1,937 sqft
    2018-10-01 0 days 1,990 sqft
    2018-11-01 0 days 1,998 sqft
    2018-12-01 0 days 1,853 sqft
    2019-01-01 0 days 1,918 sqft
    2019-02-01 0 days 1,983 sqft
    2019-03-01 0 days 2,000 sqft
    2019-04-01 0 days 2,000 sqft
    2019-05-01 0 days 1,885 sqft
    2019-06-01 0 days 1,944 sqft
    2019-07-01 0 days 1,973 sqft
    2019-08-01 0 days 1,931 sqft
    2019-09-01 0 days 1,929 sqft
    2019-10-01 0 days 1,927 sqft
    2019-11-01 0 days 1,927 sqft
    2019-12-01 0 days 1,923 sqft
    2020-01-01 0 days 1,923 sqft
    2020-02-01 0 days 1,929 sqft
    2020-03-01 0 days 1,835 sqft
    2020-04-01 0 days 1,826 sqft
    2020-05-01 0 days 1,836 sqft
    2020-06-01 0 days 1,851 sqft
    2020-07-01 0 days 1,915 sqft
    2020-08-01 0 days 1,915 sqft
    2020-09-01 0 days 1,955 sqft
    2020-10-01 0 days 2,009 sqft
    2020-11-01 0 days 2,082 sqft
    2020-12-01 0 days 1,968 sqft
    2021-01-01 0 days 1,909 sqft
    2021-02-01 0 days 1,890 sqft
    2021-03-01 0 days 1,986 sqft
    2021-04-01 0 days 1,717 sqft
    2021-05-01 0 days 1,675 sqft
    2021-06-01 0 days 1,615 sqft
    2021-07-01 0 days 1,717 sqft
    2021-08-01 0 days 1,836 sqft
    2021-09-01 0 days 1,968 sqft
    2021-10-01 0 days 1,847 sqft
    2021-11-01 0 days 1,889 sqft
    2021-12-01 0 days 1,717 sqft
    2022-01-01 0 days 1,620 sqft
    2022-02-01 0 days 1,597 sqft
    2022-03-01 0 days 1,561 sqft
    2022-04-01 0 days 1,785 sqft
    2022-05-01 0 days 2,000 sqft
    2022-06-01 0 days 1,904 sqft
    2022-07-01 0 days 1,902 sqft
    2022-08-01 0 days 1,799 sqft
    2022-09-01 0 days 1,818 sqft
    2022-10-01 0 days 1,800 sqft
    2022-11-01 0 days 1,777 sqft
    2022-12-01 0 days 1,646 sqft
    2023-01-01 0 days 1,682 sqft
    2023-02-01 0 days 1,773 sqft
    Bogalusa's median listing age (time on market) for 2023-02-01 was 0 days.

    Bogalusa's median square footage for active listings during the 2023-02-01 period was 1,773 sqft. One year prior, the average listing was 1,597 sqft.

    Bogalusa, LA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 377 $58,425,000 $154,973
    Refi 271 $42,555,000 $157,030
    Cash Out Refi 98 $16,300,000 $166,327
    Other 19 $1,385,000 $72,895
    Home Improvement 18 $1,580,000 $87,778

    Bogalusa's most frequently cited loan purpose was Home Purchase, with 377 originations. The 2nd most popular reason was Refi, with 271 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    2.5-3% 251 $42,955,000 $171,135
    3-4% 205 $34,935,000 $170,415
    <2.5% 68 $12,150,000 $178,676
    Over 8% 30 $2,530,000 $84,333
    4-5% 23 $2,825,000 $122,826
    7-8% 17 $1,595,000 $93,824
    5-6% 9 $1,085,000 $120,556
    6-7% 8 $780,000 $97,500

    During 2021, Bogalusa's most frequently originated rate bucket was 2.5-3%, with 251 originations.

    Loan Sizing (Bogalusa, LA MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 356 $51,580,000 $144,888
    $100,000 or less 235 $14,685,000 $62,489
    $200k-400k 178 $47,260,000 $265,506
    $400k-600k 14 $6,720,000 $480,000

    Bogalusa's loan sizing saw the bucket of loans from $100k-200k with 356 originations, totaling $51,580,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 307 $50,055,000 $163,046
    60-80% 174 $29,820,000 $171,379
    40-60% 64 $9,480,000 $148,125
    20-40% 23 $2,215,000 $96,304
    Over 100% 15 $3,385,000 $225,667
    Under 20% 5 $135,000 $27,000

    Bogalusa's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 307 originations, totaling $50,055,000 in origination value.