Bogalusa Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Bogalusa averaged
6.21%
for the week of 2024-10-03, compared to the national average of
6.12% for the same period.
The average rate for the prior week (2024-09-26) was
6.37% and
one month ago for the week of 2024-08-29, the
average rate was 6.44%.
Bogalusa's average rate one year ago was 7.6%.
For refis of the same type during the week of 2024-10-03, the average rate
was 6.22%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-03 | 6.12% |
Bogalusa 30 Year Fixed Rate | 2024-10-03 | 6.21% |
Bogalusa 30 Year Fixed Rate Refi | 2024-10-03 | 6.22% |
Bogalusa 15 Year Fixed Rate | 2024-10-03 | 5.15% |
Bogalusa 15 Year Fixed Rate Refi | 2024-10-03 | 5.75% |
Bogalusa 30 Year FHA | 2024-10-03 | 5.89% |
Bogalusa 30 Year FHA Refi | 2024-10-03 | 6.09% |
Bogalusa 30 Year USDA | 2024-10-03 | 5.87% |
Bogalusa 30 Year USDA Refi | 2024-10-03 | 5.87% |
Bogalusa 30 Year VA | 2024-10-03 | 5.5% |
Bogalusa 30 Year VA Refi | 2024-10-03 | 5.5% |
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.).
Bogalusa Average Closing Costs & Other Stats
Bogalusa, LA's 39 lenders originated 509
loans during 2023. The total origination value was $71,615,000, with an average loan value of
$140,697.
Bogalusa's average closing costs are $5,173.
The top Bogalusa lender as defined by loan originations is QUICKEN LOANS, LLC, with
7 loans originated. Their average total fees are
$5,842, which is $4,595
lower than the next largest lender,
JPMorgan Chase Bank.
The lowest fee Bogalusa lenders (with over 10 loans originated) are
.
The lowest rate Bogalusa lenders (with over 10 loans originated) are
.
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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
Citizens Savings Bank | $21,190,000 | $20,570,000 | -2.9% | 28.7% |
GMFS LLC | $5,710,000 | $6,105,000 | 6.9% | 8.5% |
QUICKEN LOANS, LLC | $4,605,000 | $3,605,000 | -21.7% | 5.0% |
NEWREZ LLC | $410,000 | $3,495,000 | 752.4% | 4.9% |
JPMorgan Chase Bank | $530,000 | $3,120,000 | 488.7% | 4.4% |
UNITED WHOLESALE MORTGAGE, LLC | $2,890,000 | $2,815,000 | -2.6% | 3.9% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $1,895,000 | $2,575,000 | 35.9% | 3.6% |
Hancock Whitney Bank | $4,010,000 | $2,130,000 | -46.9% | 3.0% |
FIDELITY BANK | $585,000 | $1,755,000 | 200.0% | 2.5% |
21ST MORTGAGE CORPORATION | $1,035,000 | $1,440,000 | 39.1% | 2.0% |
Mortgage Research Center, LLC | $880,000 | $1,325,000 | 50.6% | 1.9% |
Resource Bank | $545,000 | $1,095,000 | 100.9% | 1.5% |
TRIAD FINANCIAL SERVICES, INC. | $765,000 | $970,000 | 26.8% | 1.4% |
MOVEMENT MORTGAGE, LLC | $1,740,000 | $925,000 | -46.8% | 1.3% |
MID AMERICA MORTGAGE, INC. | $1,185,000 | $805,000 | -32.1% | 1.1% |
Gulf Coast Bank and Trust Company | $2,000,000 | $755,000 | -62.3% | 1.1% |
BROKER SOLUTIONS, INC. | $720,000 | n/a | 1.0% | |
LOANDEPOT.COM, LLC | $1,220,000 | $650,000 | -46.7% | 0.9% |
Heritage Bank of St Tammany | $430,000 | $630,000 | 46.5% | 0.9% |
DRAPER AND KRAMER MORTGAGE CORP. | $1,435,000 | $615,000 | -57.1% | 0.9% |
EUSTIS AND AMERICAN MORTGAGE COMPANY | $1,645,000 | $590,000 | -64.1% | 0.8% |
Towne Bank | $530,000 | n/a | 0.7% | |
PENNYMAC LOAN SERVICES, LLC | $945,000 | $525,000 | -44.4% | 0.7% |
EFCU FINANCIAL | $45,000 | $520,000 | 1,055.6% | 0.7% |
FREEDOM MORTGAGE CORPORATION | $1,885,000 | $485,000 | -74.3% | 0.7% |
BankPlus | $480,000 | n/a | 0.7% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $575,000 | $450,000 | -21.7% | 0.6% |
Nations Lending Corporation | $445,000 | n/a | 0.6% | |
CROSSCOUNTRY MORTGAGE, LLC | $1,185,000 | $405,000 | -65.8% | 0.6% |
Fidelity Bank | $375,000 | n/a | 0.5% | |
Assurance Financial Group, L.L.C. | $780,000 | $355,000 | -54.5% | 0.5% |
MUTUAL OF OMAHA MORTGAGE, INC. | $225,000 | $350,000 | 55.6% | 0.5% |
STANDARD MORTGAGE CORPORATION | $405,000 | $345,000 | -14.8% | 0.5% |
SWBC MORTGAGE CORPORATION | $420,000 | $325,000 | -22.6% | 0.5% |
Wells Fargo Bank | $570,000 | $300,000 | -47.4% | 0.4% |
DEEPHAVEN MORTGAGE LLC | $285,000 | n/a | 0.4% | |
Bank of St. Francisville | $275,000 | n/a | 0.4% | |
Hometown Equity Mortgage, LLC | $275,000 | n/a | 0.4% | |
T2 FINANCIAL LLC | $275,000 | n/a | 0.4% | |
Gateway First Bank | $645,000 | $255,000 | -60.5% | 0.4% |
Landmark Bank | $245,000 | n/a | 0.3% | |
MEMBER FIRST MORTGAGE, LLC | $245,000 | n/a | 0.3% | |
RELIANCE FIRST CAPITAL, LLC | $75,000 | $225,000 | 200.0% | 0.3% |
PHH Mortgage Corporation | $220,000 | n/a | 0.3% | |
America's Mortgage Resource, Inc. | $215,000 | n/a | 0.3% | |
Flagstar Bank, FSB | $260,000 | $215,000 | -17.3% | 0.3% |
BancorpSouth | $210,000 | n/a | 0.3% | |
Citizens Bank | $485,000 | $205,000 | -57.7% | 0.3% |
COUNTRYPLACE MORTGAGE, LTD. | $200,000 | n/a | 0.3% | |
NETWORK CAPITAL FUNDING CORPORATION | $195,000 | n/a | 0.3% | |
NTFN, INC. | $195,000 | n/a | 0.3% | |
Home Bank | $190,000 | n/a | 0.3% | |
SOUTHWEST STAGE FUNDING, LLC | $280,000 | $190,000 | -32.1% | 0.3% |
Liberty Bank and Trust Company | $185,000 | n/a | 0.3% | |
CARDINAL FINANCIAL | $1,175,000 | $175,000 | -85.1% | 0.2% |
Arvest Bank | $165,000 | n/a | 0.2% | |
CRESCENT MORTGAGE COMPANY | $1,545,000 | $165,000 | -89.3% | 0.2% |
Equity Prime Mortgage LLC | $340,000 | $165,000 | -51.5% | 0.2% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $165,000 | $165,000 | 0.0% | 0.2% |
PENTAGON FEDERAL CREDIT UNION | $165,000 | n/a | 0.2% | |
Trustmark National Bank | $165,000 | n/a | 0.2% | |
Mr. Cooper ( Nationstar Mortgage ) | $1,100,000 | $160,000 | -85.5% | 0.2% |
AmRes Corporation | $155,000 | n/a | 0.2% | |
Merchants Bank of Indiana | $155,000 | n/a | 0.2% | |
Copiah Bank | $145,000 | n/a | 0.2% | |
First Horizon Bank | $440,000 | $145,000 | -67.0% | 0.2% |
SUN WEST MORTGAGE COMPANY, INC. | $145,000 | n/a | 0.2% | |
Bank of Louisiana | $140,000 | n/a | 0.2% | |
Goldwater Bank, N.A. | $135,000 | n/a | 0.2% | |
AMERISAVE MORTGAGE CORPORATION | $310,000 | $125,000 | -59.7% | 0.2% |
U.S. Bank | $125,000 | n/a | 0.2% | |
Regions Bank | $540,000 | $120,000 | -77.8% | 0.2% |
Cornerstone First Mortgage, Inc | $115,000 | n/a | 0.2% | |
Prosperity Home Mortgage, LLC | $115,000 | n/a | 0.2% | |
AMERICAN FINANCIAL NETWORK, INC. | $105,000 | n/a | 0.1% | |
DSLD MORTGAGE, LLC | $105,000 | n/a | 0.1% | |
FINANCE OF AMERICA REVERSE LLC | $95,000 | n/a | 0.1% | |
The Federal Savings Bank | $95,000 | n/a | 0.1% | |
AMERICAN FINANCIAL RESOURCES, INC. | $350,000 | $85,000 | -75.7% | 0.1% |
LEGEND LENDING CORPORATION | $85,000 | n/a | 0.1% | |
NAVY FEDERAL CREDIT UNION | $85,000 | n/a | 0.1% | |
NEW DAY FINANCIAL, LLC | $445,000 | $85,000 | -80.9% | 0.1% |
Citizens Bank & Trust Co | $80,000 | n/a | 0.1% | |
Bank of America | $65,000 | $75,000 | 15.4% | 0.1% |
Discover Bank | $85,000 | $55,000 | -35.3% | 0.1% |
First Guaranty Bank | $445,000 | $55,000 | -87.6% | 0.1% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $325,000 | $55,000 | -83.1% | 0.1% |
Figure Lending LLC | $15,000 | $35,000 | 133.3% | 0.0% |
First Bank | $35,000 | n/a | 0.0% | |
Onpath Federal Credit Union | $65,000 | $35,000 | -46.2% | 0.0% |
THE NEW ORLEANS FIREMEN'S FEDERAL CREDIT UNION | $250,000 | $35,000 | -86.0% | 0.0% |
Connexus Credit Union | $25,000 | n/a | 0.0% | |
Pelican State Credit Union | $35,000 | $25,000 | -28.6% | 0.0% |
Bogalusa's top lender by overall market share is Citizens Savings Bank, with 28.7% market share. In second place, with 8.5%, is GMFS LLC, having originated $6,105,000 in loans. In third place, with 5.0%, is QUICKEN LOANS, LLC, having originated $3,605,000 in loans. In fourth place, with 4.9%, is NEWREZ LLC, having originated $3,495,000 in loans. In fifth place, with 4.4%, is JPMorgan Chase Bank, having originated $3,120,000 in loans.
Bogalusa Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Bogalusa (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 | $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 (-3.6%) | 0.00 | 121 |
2018-10-01 | $160,315 (9.1%) | $318,152 (36.8%) | 0.00 | 120 |
2018-11-01 | $160,858 (8.7%) | $331,648 (38.4%) | 0.00 | 118 |
2018-12-01 | $149,900 (-1.4%) | $343,483 (42.3%) | 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%) | $330,272 (32.2%) | 0.00 | 121 |
2019-04-01 | $166,021 (8.6%) | $323,000 (29.8%) | 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 (-27.2%) | 0.00 | 111 |
2020-05-01 | $162,076 (1.8%) | $228,166 (-24.6%) | 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 | $150,000 (-5.5%) | $210,275 (-12.9%) | 0.00 | 58 |
2021-02-01 | $143,500 (-10.3%) | $201,768 (-17.3%) | 0.00 | 54 |
2021-03-01 | $162,500 (-5.9%) | $247,751 (4.1%) | 0.00 | 43 |
2021-04-01 | $159,250 (-5.1%) | $230,746 (-1.9%) | 0.00 | 38 |
2021-05-01 | $180,000 (11.1%) | $240,372 (5.4%) | 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 (20.0%) | $228,714 (8.8%) | 0.00 | 39 |
2022-02-01 | $172,500 (20.2%) | $223,511 (10.8%) | 0.00 | 35 |
2022-03-01 | $137,500 (-15.4%) | $208,321 (-15.9%) | 0.00 | 41 |
2022-04-01 | $170,000 (6.8%) | $211,114 (-8.5%) | 0.00 | 42 |
2022-05-01 | $215,000 (19.4%) | $266,366 (10.8%) | 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 |
2023-03-01 | $222,500 (61.8%) | $269,061 (29.2%) | 0.00 | 62 |
2023-04-01 | $207,450 (22.0%) | $263,845 (25.0%) | 0.00 | 61 |
2023-05-01 | $199,900 (-7.0%) | $258,553 (-2.9%) | 0.00 | 61 |
2023-06-01 | $233,750 (20.1%) | $277,762 (13.6%) | 0.00 | 65 |
2023-07-01 | $210,000 (5.7%) | $261,639 (3.0%) | 0.00 | 82 |
2023-08-01 | $204,750 (18.0%) | $270,834 (17.4%) | 0.00 | 87 |
2023-09-01 | $230,000 (28.0%) | $277,134 (13.6%) | 0.00 | 84 |
2023-10-01 | $227,250 (18.4%) | $269,949 (9.0%) | 0.00 | 86 |
2023-11-01 | $200,500 (7.2%) | $258,175 (8.0%) | 0.00 | 88 |
2023-12-01 | $199,000 (10.6%) | $267,133 (10.7%) | 0.00 | 89 |
2024-01-01 | $203,850 (2.0%) | $258,600 (1.3%) | 0.00 | 85 |
2024-02-01 | $199,975 (-7.8%) | $253,550 (-1.7%) | 0.00 | 80 |
2024-03-01 | $232,500 (4.5%) | $277,166 (3.0%) | 0.00 | 77 |
2024-04-01 | $239,840 (15.6%) | $302,577 (14.7%) | 0.00 | 79 |
2024-05-01 | $236,090 (18.1%) | $286,549 (10.8%) | 0.00 | 102 |
2024-06-01 | $230,000 (-1.6%) | $276,721 (-0.4%) | 0.00 | 111 |
2024-07-01 | $208,250 (-0.8%) | $258,781 (-1.1%) | 0.00 | 122 |
2024-08-01 | $199,995 (-2.3%) | $255,750 (-5.6%) | 0.00 | 120 |
2024-09-01 | $200,000 (-13.0%) | $253,225 (-8.6%) | 0.00 | 117 |
Bogalusa's median listing price comes in at 0% of the national average.
Bogalusa's average listing price for 2024-09-01 was $253,225, a difference of $-23,909 (-8.6%) versus the prior year and $-2,525 versus the prior month.
For the 2024-09-01 period, Bogalusa had 117 MLS listings, a difference of -3 listings (-3%) versus the prior month and 33 listings (39%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Bogalusa (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | 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 | 1,892 sqft |
2021-02-01 | 0 days | 1,885 sqft |
2021-03-01 | 0 days | 1,972 sqft |
2021-04-01 | 0 days | 1,701 sqft |
2021-05-01 | 0 days | 1,668 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 |
2023-03-01 | 0 days | 1,812 sqft |
2023-04-01 | 0 days | 1,834 sqft |
2023-05-01 | 0 days | 1,871 sqft |
2023-06-01 | 0 days | 1,931 sqft |
2023-07-01 | 0 days | 1,885 sqft |
2023-08-01 | 0 days | 1,882 sqft |
2023-09-01 | 0 days | 1,876 sqft |
2023-10-01 | 0 days | 1,933 sqft |
2023-11-01 | 0 days | 1,881 sqft |
2023-12-01 | 0 days | 1,850 sqft |
2024-01-01 | 0 days | 1,838 sqft |
2024-02-01 | 0 days | 1,755 sqft |
2024-03-01 | 0 days | 1,752 sqft |
2024-04-01 | 0 days | 1,871 sqft |
2024-05-01 | 0 days | 1,783 sqft |
2024-06-01 | 0 days | 1,732 sqft |
2024-07-01 | 0 days | 1,784 sqft |
2024-08-01 | 0 days | 1,708 sqft |
2024-09-01 | 0 days | 1,696 sqft |
Bogalusa's median square footage for active listings during the 2024-09-01 period was 1,696 sqft. One year prior, the average listing was 1,876 sqft.
Bogalusa, LA Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 308 | $51,560,000 | $167,403 |
Refi | 81 | $7,965,000 | $98,333 |
Home Improvement | 43 | $2,985,000 | $69,419 |
Cash Out Refi | 42 | $6,520,000 | $155,238 |
Other | 35 | $2,585,000 | $73,857 |
Bogalusa's most frequently cited loan purpose was Home Purchase, with 308 originations. The 2nd most popular reason was Refi, with 81 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 112 | $20,800,000 | $185,714 |
Over 8% | 78 | $8,680,000 | $111,282 |
7-8% | 63 | $9,345,000 | $148,333 |
5-6% | 31 | $5,475,000 | $176,613 |
4-5% | 7 | $1,315,000 | $187,857 |
2.5-3% | 1 | $1,835,000 | $1,835,000 |
3-4% | 1 | $155,000 | $155,000 |
During 2023, Bogalusa's most frequently originated rate bucket was 6-7%, with 112 originations.
Loan Sizing (Bogalusa, LA MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 220 | $12,210,000 | $55,500 |
$100k-200k | 177 | $25,315,000 | $143,023 |
$200k-400k | 103 | $28,305,000 | $274,806 |
$400k-600k | 7 | $3,325,000 | $475,000 |
$600k-1000k | 1 | $625,000 | $625,000 |
$Over $1MM | 1 | $1,835,000 | $1,835,000 |
Bogalusa's loan sizing saw the bucket of loans from $100,000 or less with 220 originations, totaling $12,210,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 177 | $31,165,000 | $176,073 |
60-80% | 49 | $8,705,000 | $177,653 |
40-60% | 23 | $3,095,000 | $134,565 |
20-40% | 18 | $1,570,000 | $87,222 |
Over 100% | 15 | $2,645,000 | $176,333 |
Under 20% | 11 | $425,000 | $38,636 |
Bogalusa's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 177 originations, totaling $31,165,000 in origination value.