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 7.29% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 6.87% and one month ago for the week of 2024-03-14, the average rate was 6.93%.

    Bogalusa's average rate one year ago was 6.56%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Bogalusa 30 Year Fixed Rate 2024-04-18 7.29%
    Bogalusa 30 Year Fixed Rate Refi 2024-04-18 7%
    Bogalusa 15 Year Fixed Rate 2024-04-18 6.59%
    Bogalusa 15 Year Fixed Rate Refi 2024-04-18 6.99%
    Bogalusa 30 Year FHA 2024-04-18 7.06%
    Bogalusa 30 Year FHA Refi 2024-04-18 6.86%
    Bogalusa 30 Year USDA 2024-04-18 7.06%
    Bogalusa 30 Year USDA Refi 2024-04-18 6.86%
    Bogalusa 30 Year VA 2024-04-18 6.76%
    Bogalusa 30 Year VA Refi 2024-04-18 6.76%
    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    QUICKEN LOANS, LLC 7 7.00% $5,842
    JPMorgan Chase Bank 6 6.46% $10,437
    GMFS LLC 6 7.39% $6,392
    UNITED WHOLESALE MORTGAGE, LLC 5 7.14% $6,549
    MID AMERICA MORTGAGE, INC. 4 7.50% $5,472
    FIDELITY BANK 4 6.53% $6,330
    PHH Mortgage Corporation 2 6.69% $6,575
    Hancock Whitney Bank 2 7.00% $4,440
    Nations Lending Corporation 2 6.25% $4,655
    Towne Bank 2 6.94% $5,214
    NEWREZ LLC 2 7.81% $5,702
    Gulf Coast Bank and Trust Company 2 6.31% $4,634
    VANDERBILT MORTGAGE AND FINANCE, INC. 2 8.12% $5,752
    Gateway First Bank 1 6.00% $5,880
    Home Bank 1 7.00% $3,303
    LEGEND LENDING CORPORATION 1 7.63% $2,913
    PENNYMAC LOAN SERVICES, LLC 1 7.13% $3,882
    PENTAGON FEDERAL CREDIT UNION 1 6.25% $2,057
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.38% $3,646
    Regions Bank 1 7.00% $3,542
    STANDARD MORTGAGE CORPORATION 1 7.00% $3,859
    SUN WEST MORTGAGE COMPANY, INC. 1 6.88% $3,660
    SWBC MORTGAGE CORPORATION 1 7.25% $4,067
    Trustmark National Bank 1 6.50% $3,511
    U.S. Bank 1 7.38% $3,151
    AMERICAN FINANCIAL NETWORK, INC. 1 6.50% $4,867
    Wells Fargo Bank 1 7.25% $3,942
    America's Mortgage Resource, Inc. 1 6.75% $3,779
    AMERISAVE MORTGAGE CORPORATION 1 6.38% $6,601
    BancorpSouth 1 6.38% $4,737
    BROKER SOLUTIONS, INC. 1 7.00% $9,315
    CARDINAL FINANCIAL 1 7.25% $8,090
    CREDIT HUMAN FEDERAL CREDIT UNION 1 6.80% $4,378
    CRESCENT MORTGAGE COMPANY 1 6.38% $3,973
    CROSSCOUNTRY MORTGAGE, LLC 1 7.95% $4,292
    DEEPHAVEN MORTGAGE LLC 1 8.88% $4,515
    DRAPER AND KRAMER MORTGAGE CORP. 1 7.25% $6,127
    DSLD MORTGAGE, LLC 1 6.38% $2,553
    First Horizon Bank 1 5.88% $3,322

    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. 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 (-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
    Bogalusa's median listing price for 2024-03-01 was $232,500, a difference of $10,000 (4.5%) versus the prior year and $32,525 versus the prior month.

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

    Bogalusa's average listing price for 2024-03-01 was $277,166, a difference of $8,105 (3.0%) versus the prior year and $23,616 versus the prior month.

    For the 2024-03-01 period, Bogalusa had 77 MLS listings, a difference of -3 listings (-4%) versus the prior month and 15 listings (24%) 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 1,892 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
    Bogalusa's median listing age (time on market) for 2024-03-01 was 0 days.

    Bogalusa's median square footage for active listings during the 2024-03-01 period was 1,752 sqft. One year prior, the average listing was 1,812 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.