Brookhaven Mortgage Rates

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

30 Year Fixed Rate mortgages in Brookhaven averaged 5.83% for the week of 2022-06-30, compared to the national average of 5.7% for the same period.

The average rate for the prior week (2022-06-23) was 6.24% and one month ago for the week of 2022-05-26, the average rate was 5.23%.

Brookhaven's average rate one year ago was 3.37%.

For refis of the same type during the week of 2022-06-30, the average rate was 6.08%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Brookhaven 30 Year Fixed Rate 2022-06-30 5.83%
Brookhaven 30 Year Fixed Rate Refi 2022-06-30 6.08%
Brookhaven 15 Year Fixed Rate 2022-06-30 6.61%
Brookhaven 15 Year Fixed Rate Refi 2022-06-30 5.05%
Brookhaven 30 Year FHA 2022-06-30 5.76%
Brookhaven 30 Year FHA Refi 2022-06-30 5.79%
Brookhaven 30 Year USDA 2022-06-30 5.57%
Brookhaven 30 Year USDA Refi 2022-06-30 2.55%
Brookhaven 30 Year VA 2022-06-30 5.76%
Brookhaven 30 Year VA Refi 2022-06-30 5.36%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Brookhaven, MS.

Brookhaven Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Brookhaven, MS 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. Total Fees
ANGEL OAK HOME LOANS LLC 51 3.25% $3,886
Trustmark National Bank 26 3.26% $3,136
MORTGAGE INVESTORS GROUP, INC. 20 3.22% $3,293
QUICKEN LOANS, LLC 19 3.09% $4,314
FIDELITY BANK 12 3.45% $4,026
Hamilton Mortgage Corporation 6 2.94% $4,877
LOANDEPOT.COM, LLC 6 3.21% $3,541
Wells Fargo Bank 5 3.03% $5,374
BankPlus 5 3.30% $3,011
MUTUAL OF OMAHA MORTGAGE, INC. 4 3.53% $5,244
Renasant Bank 4 3.09% $3,808
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 3.16% $3,882
HOME POINT FINANCIAL CORPORATION 2 3.12% $4,466
BancorpSouth Bank 2 3.31% $3,457
CRESCENT MORTGAGE COMPANY 2 3.00% $3,768
GMFS LLC 2 2.88% $2,385
Ally Bank 2 3.19% $5,415
JPMorgan Chase Bank 2 3.00% $3,043
PENNYMAC LOAN SERVICES, LLC 2 3.69% $3,890
ROYAL UNITED MORTGAGE LLC 2 4.13% $7,392
UNITED WHOLESALE MORTGAGE, LLC 2 3.19% $13,984
EVANSVILLE TEACHERS 1 4.00% $6,503
Community Bank of Mississippi 1 3.00% $3,015
CALIBER HOME LOANS, INC. 1 3.75% $2,283
NEWREZ LLC 1 2.88% $3,030
OPEN MORTGAGE, LLC 1 3.50% $7,194
Assurance Financial Group, L.L.C. 1 3.25% $3,079
Peoples Bank 1 3.13% $3,194
PLANET HOME LENDING, LLC 1 4.75% $4,687
BETTER MORTGAGE CORPORATION 1 3.25% $4,470
RELIANCE FIRST CAPITAL, LLC 1 2.88% $8,585
ATLANTA POSTAL 1 3.13% $3,912
Grand Bank for Savings, FSB 1 3.00% $3,026
EVERETT FINANCIAL, INC. 1 3.50% $2,403
AMERICAN FINANCIAL NETWORK, INC. 1 3.63% $7,328
Inwood National Bank 1 2.50% $4,150
The Federal Savings Bank 1 3.63% $9,291

Brookhaven, MS's 37 lenders originated 730 loans during 2021. The total origination value was $118,160,000, with an average loan value of $161,863.

The top Brookhaven lender as defined by loan originations is ANGEL OAK HOME LOANS LLC, with 51 loans originated. Their average total fees are $3,886, which is $751 higher than the next largest lender, Trustmark National Bank.

The lowest fee Brookhaven lenders (with over 10 loans originated) are Trustmark National Bank ($3,136), MORTGAGE INVESTORS GROUP, INC. ($3,293), ANGEL OAK HOME LOANS LLC ($3,886), FIDELITY BANK ($4,026) and QUICKEN LOANS, LLC ($4,314).

The lowest rate Brookhaven lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (3.09%), MORTGAGE INVESTORS GROUP, INC. (3.22%), ANGEL OAK HOME LOANS LLC (3.25%), Trustmark National Bank (3.26%) and FIDELITY BANK (3.45%).

Brookhaven, MS Lender 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
Trustmark National Bank $21,420,000 $25,080,000 17.1% 21.2%
ANGEL OAK HOME LOANS LLC $18,265,000 $22,480,000 23.1% 19.0%
QUICKEN LOANS, LLC $8,610,000 $8,650,000 0.5% 7.3%
BankPlus $1,530,000 $6,305,000 312.1% 5.3%
MORTGAGE INVESTORS GROUP, INC. $2,005,000 $4,535,000 126.2% 3.8%
FIDELITY BANK $4,960,000 $3,925,000 -20.9% 3.3%
CBRE MULTIFAMILY CAPITAL, INC. $3,175,000 n/a 2.7%
21ST MORTGAGE CORPORATION $2,395,000 $2,735,000 14.2% 2.3%
Hamilton Mortgage Corporation $1,925,000 $2,195,000 14.0% 1.9%
FREEDOM MORTGAGE CORPORATION $1,815,000 $2,100,000 15.7% 1.8%
Wells Fargo Bank $625,000 $2,025,000 224.0% 1.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,340,000 $1,610,000 20.1% 1.4%
BancorpSouth Bank $155,000 $1,605,000 935.5% 1.4%
First Bank $2,265,000 $1,555,000 -31.3% 1.3%
LOANDEPOT.COM, LLC $1,205,000 $1,515,000 25.7% 1.3%
Renasant Bank $4,480,000 $1,465,000 -67.3% 1.2%
CRESCENT MORTGAGE COMPANY $1,455,000 n/a 1.2%
UNITED WHOLESALE MORTGAGE, LLC $1,485,000 $1,260,000 -15.2% 1.1%
Regions Bank $2,220,000 $1,165,000 -47.5% 1.0%
Mortgage Research Center, LLC $965,000 $1,150,000 19.2% 1.0%
GMFS LLC $775,000 $1,085,000 40.0% 0.9%
Reliant Bank $205,000 $980,000 378.0% 0.8%
VANDERBILT MORTGAGE AND FINANCE, INC. $780,000 $975,000 25.0% 0.8%
MUTUAL OF OMAHA MORTGAGE, INC. $250,000 $920,000 268.0% 0.8%
OPEN MORTGAGE, LLC $185,000 $785,000 324.3% 0.7%
JPMorgan Chase Bank $205,000 $780,000 280.5% 0.7%
Community Bank of Mississippi $145,000 $745,000 413.8% 0.6%
HOMEBRIDGE FINANCIAL SERVICES, INC. $235,000 $735,000 212.8% 0.6%
First South Farm Credit, ACA $705,000 n/a 0.6%
PENNYMAC LOAN SERVICES, LLC $575,000 $700,000 21.7% 0.6%
Flagstar Bank, FSB $680,000 n/a 0.6%
SOUTHWEST STAGE FUNDING, LLC $1,115,000 $630,000 -43.5% 0.5%
BankFirst Financial Services $285,000 $580,000 103.5% 0.5%
TRIAD FINANCIAL SERVICES, INC. $330,000 $520,000 57.6% 0.4%
KEESLER $1,355,000 $515,000 -62.0% 0.4%
LAKEVIEW LOAN SERVICING, LLC $125,000 $500,000 300.0% 0.4%
The Federal Savings Bank $480,000 n/a 0.4%
PriorityOne Bank $285,000 $450,000 57.9% 0.4%
PENTAGON FEDERAL CREDIT UNION $405,000 n/a 0.3%
EVANSVILLE TEACHERS $235,000 $355,000 51.1% 0.3%
HOME POINT FINANCIAL CORPORATION $340,000 $350,000 2.9% 0.3%
PLANET HOME LENDING, LLC $350,000 n/a 0.3%
FirstBank $190,000 $335,000 76.3% 0.3%
Ally Bank $310,000 n/a 0.3%
First Guaranty Bank $305,000 n/a 0.3%
CMG MORTGAGE, INC. $145,000 $300,000 106.9% 0.3%
Bank of America $245,000 $295,000 20.4% 0.2%
NEWREZ LLC $370,000 $295,000 -20.3% 0.2%
VILLAGE CAPITAL & INVESTMENT LLC $290,000 n/a 0.2%
Carrington Mortgage Services, LLC $605,000 $285,000 -52.9% 0.2%
Mr. Cooper ( Nationstar Mortgage ) $690,000 $285,000 -58.7% 0.2%
ROYAL UNITED MORTGAGE LLC $580,000 $280,000 -51.7% 0.2%
NEW DAY FINANCIAL, LLC $435,000 $245,000 -43.7% 0.2%
CSL Financial, LLC $155,000 $225,000 45.2% 0.2%
ACADEMY MORTGAGE CORPORATION $220,000 n/a 0.2%
Assurance Financial Group, L.L.C. $220,000 n/a 0.2%
AMERICAN FINANCIAL NETWORK, INC. $165,000 $215,000 30.3% 0.2%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $450,000 $215,000 -52.2% 0.2%
Origin Bank $215,000 n/a 0.2%
EVERETT FINANCIAL, INC. $310,000 $205,000 -33.9% 0.2%
AMERISAVE MORTGAGE CORPORATION $195,000 n/a 0.2%
First Federal Savings and Loan Association $185,000 n/a 0.2%
Low VA Rates, LLC $185,000 n/a 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $115,000 $185,000 60.9% 0.2%
CREDIT HUMAN FEDERAL CREDIT UNION $460,000 $175,000 -62.0% 0.1%
AMERICAN FINANCING CORPORATION $155,000 n/a 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $155,000 n/a 0.1%
Austin Capital Bank SSB $155,000 n/a 0.1%
CORNERSTONE HOME LENDING, INC. $240,000 $155,000 -35.4% 0.1%
Secured Investment Corp. $155,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $145,000 n/a 0.1%
ATLANTA POSTAL $135,000 n/a 0.1%
CU COMMUNITY, LLC $135,000 n/a 0.1%
Inwood National Bank $135,000 n/a 0.1%
CALIBER HOME LOANS, INC. $725,000 $125,000 -82.8% 0.1%
Grand Bank for Savings, FSB $115,000 n/a 0.1%
Copiah Bank $75,000 $110,000 46.7% 0.1%
First Guaranty Mortgage Corporation $210,000 $105,000 -50.0% 0.1%
BETTER MORTGAGE CORPORATION $95,000 n/a 0.1%
COUNTRYPLACE MORTGAGE, LTD. $95,000 n/a 0.1%
OCEANSIDE MORTGAGE COMPANY $95,000 $95,000 0.0% 0.1%
Peoples Bank $75,000 n/a 0.1%
BROKER SOLUTIONS, INC. $285,000 $65,000 -77.2% 0.1%
NAVY FEDERAL CREDIT UNION $220,000 $55,000 -75.0% 0.0%
Figure Lending LLC $25,000 n/a 0.0%

Brookhaven's top lender by overall market share is Trustmark National Bank, with 21.2% market share. In second place, with 19.0%, is ANGEL OAK HOME LOANS LLC, having originated $22,480,000 in loans. In third place, with 7.3%, is QUICKEN LOANS, LLC, having originated $8,650,000 in loans. In third place, with 5.3%, is BankPlus, having originated $6,305,000 in loans. In third place, with 3.8%, is MORTGAGE INVESTORS GROUP, INC., having originated $4,535,000 in loans.


Brookhaven, MS Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 328 $50,770,000 $154,787
Refi 272 $51,420,000 $189,044
Cash Out Refi 68 $11,830,000 $173,971
Other 48 $3,320,000 $69,167
Home Improvement 14 $820,000 $58,571

Brookhaven's most frequently cited loan purpose was Home Purchase, with 328 originations. The 2nd most popular reason was Refi, with 272 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 222 $43,420,000 $195,586
2.5-3% 201 $37,985,000 $188,980
<2.5% 153 $19,895,000 $130,033
Over 8% 41 $2,995,000 $73,049
4-5% 34 $7,210,000 $212,059
7-8% 22 $1,590,000 $72,273
5-6% 17 $1,415,000 $83,235
6-7% 17 $1,495,000 $87,941

During 2021, Brookhaven's most frequently originated rate bucket was 3-4%, with 222 originations.

Loan Sizing (Brookhaven, MS MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 296 $44,080,000 $148,919
$100,000 or less 248 $15,280,000 $61,613
$200k-400k 163 $42,075,000 $258,129
$400k-600k 19 $8,955,000 $471,316
$600k-1000k 2 $1,390,000 $695,000
$Over $1MM 2 $6,380,000 $3,190,000

Brookhaven's loan sizing saw the bucket of loans from $100k-200k with 296 originations, totaling $44,080,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 339 $57,055,000 $168,304
60-80% 198 $35,970,000 $181,667
40-60% 66 $14,620,000 $221,515
20-40% 49 $3,495,000 $71,327
Under 20% 29 $755,000 $26,034
Over 100% 9 $1,355,000 $150,556

Brookhaven's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 339 originations, totaling $57,055,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Brookhaven (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 $154,500 (6.6%) $201,779 (14.5%) 0.00 77
2018-02-01 $148,500 (-0.3%) $198,166 (10.6%) 0.00 79
2018-03-01 $145,000 (-5.7%) $193,858 (8.5%) 0.00 82
2018-04-01 $142,500 (-10.9%) $195,264 (-8.3%) 0.00 76
2018-05-01 $169,900 (8.0%) $221,930 (3.5%) 0.00 76
2018-06-01 $149,900 (-3.3%) $197,223 (3.1%) 0.00 85
2018-07-01 $142,250 (-8.2%) $187,494 (1.7%) 0.00 90
2018-08-01 $151,250 (-4.3%) $189,691 (8.9%) 0.00 84
2018-09-01 $148,000 (-4.5%) $195,486 (12.0%) 0.00 88
2018-10-01 $159,250 (4.1%) $207,763 (17.7%) 0.00 93
2018-11-01 $160,000 (5.6%) $224,281 (19.7%) 0.00 106
2018-12-01 $160,000 (6.7%) $224,696 (12.9%) 0.00 99
2019-01-01 $164,950 (6.8%) $231,661 (14.8%) 0.00 103
2019-02-01 $160,000 (7.7%) $233,069 (17.6%) 0.00 109
2019-03-01 $157,286 (8.5%) $235,001 (21.2%) 0.00 111
2019-04-01 $157,286 (10.4%) $241,539 (23.7%) 0.00 112
2019-05-01 $159,000 (-6.4%) $223,550 (0.7%) 0.00 112
2019-06-01 $157,500 (5.1%) $226,243 (14.7%) 0.00 111
2019-07-01 $154,900 (8.9%) $227,947 (21.6%) 0.00 100
2019-08-01 $155,100 (2.6%) $212,151 (11.8%) 0.00 101
2019-09-01 $149,900 (1.3%) $197,738 (1.2%) 0.00 103
2019-10-01 $149,950 (-5.8%) $202,917 (-2.3%) 0.00 95
2019-11-01 $169,500 (5.9%) $220,199 (-1.8%) 0.00 100
2019-12-01 $159,450 (-0.3%) $196,687 (-12.5%) 0.00 105
2020-01-01 $162,450 (-1.5%) $188,634 (-18.6%) 0.00 101
2020-02-01 $165,000 (3.1%) $195,919 (-15.9%) 0.00 112
2020-03-01 $176,800 (12.4%) $202,755 (-13.7%) 0.00 109
2020-04-01 $175,000 (11.3%) $202,454 (-16.2%) 0.00 102
2020-05-01 $174,990 (10.1%) $203,436 (-9.0%) 0.00 95
2020-06-01 $168,500 (7.0%) $202,423 (-10.5%) 0.00 80
2020-07-01 $169,000 (9.1%) $211,042 (-7.4%) 0.00 68
2020-08-01 $164,999 (6.4%) $206,785 (-2.5%) 0.00 60
2020-09-01 $157,000 (4.7%) $205,930 (4.1%) 0.00 58
2020-10-01 $149,000 (-0.6%) $199,376 (-1.8%) 0.00 57
2020-11-01 $149,900 (-11.6%) $210,744 (-4.3%) 0.00 53
2020-12-01 $152,500 (-4.4%) $215,085 (9.4%) 0.00 51
2021-01-01 $150,000 (-7.7%) $199,114 (5.6%) 0.00 45
2021-02-01 $179,000 (8.5%) $217,910 (11.2%) 0.00 35
2021-03-01 $163,500 (-7.5%) $210,184 (3.7%) 0.00 32
2021-04-01 $167,000 (-4.6%) $212,812 (5.1%) 0.00 30
2021-05-01 $152,000 (-13.1%) $208,666 (2.6%) 0.00 29
2021-06-01 $187,000 (11.0%) $211,995 (4.7%) 0.00 33
2021-07-01 $179,000 (5.9%) $209,152 (-0.9%) 0.00 38
2021-08-01 $187,250 (13.5%) $210,272 (1.7%) 0.00 47
2021-09-01 $180,000 (14.7%) $212,878 (3.4%) 0.00 48
2021-10-01 $170,000 (14.1%) $206,810 (3.7%) 0.00 43
2021-11-01 $204,500 (36.4%) $212,309 (0.7%) 0.00 34
2021-12-01 $198,000 (29.8%) $211,731 (-1.6%) 0.00 33
2022-01-01 $180,000 (20.0%) $208,310 (4.6%) 0.00 32
2022-02-01 $230,000 (28.5%) $247,366 (13.5%) 0.00 36
2022-03-01 $237,450 (45.2%) $261,351 (24.3%) 0.00 41
2022-04-01 $235,000 (40.7%) $260,824 (22.6%) 0.00 40
2022-05-01 $259,000 (70.4%) $281,699 (35.0%) 0.00 38
2022-06-01 $252,000 (34.8%) $284,424 (34.2%) 0.00 44
Brookhaven's median listing price for 2022-06-01 was $252,000, a difference of $65,000 (34.8%) versus the prior year and $-7,000 versus the prior month.

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

Brookhaven's average listing price for 2022-06-01 was $284,424, a difference of $72,429 (34.2%) versus the prior year and $2,725 versus the prior month.

For the 2022-06-01 period, Brookhaven had 44 MLS listings, a difference of 6 listings (16%) versus the prior month and 11 listings (33%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Brookhaven (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,126 sqft
2018-02-01 0 days 2,100 sqft
2018-03-01 0 days 2,095 sqft
2018-04-01 0 days 2,112 sqft
2018-05-01 0 days 2,283 sqft
2018-06-01 0 days 2,079 sqft
2018-07-01 0 days 1,933 sqft
2018-08-01 0 days 1,998 sqft
2018-09-01 0 days 1,996 sqft
2018-10-01 0 days 2,049 sqft
2018-11-01 0 days 2,000 sqft
2018-12-01 0 days 2,000 sqft
2019-01-01 0 days 2,021 sqft
2019-02-01 0 days 2,044 sqft
2019-03-01 0 days 2,007 sqft
2019-04-01 0 days 2,015 sqft
2019-05-01 0 days 1,983 sqft
2019-06-01 0 days 2,000 sqft
2019-07-01 0 days 2,000 sqft
2019-08-01 0 days 1,980 sqft
2019-09-01 0 days 1,956 sqft
2019-10-01 0 days 1,977 sqft
2019-11-01 0 days 2,095 sqft
2019-12-01 0 days 1,977 sqft
2020-01-01 0 days 1,901 sqft
2020-02-01 0 days 1,953 sqft
2020-03-01 0 days 2,045 sqft
2020-04-01 0 days 1,960 sqft
2020-05-01 0 days 2,082 sqft
2020-06-01 0 days 2,101 sqft
2020-07-01 0 days 2,101 sqft
2020-08-01 0 days 2,118 sqft
2020-09-01 0 days 2,107 sqft
2020-10-01 0 days 2,101 sqft
2020-11-01 0 days 2,027 sqft
2020-12-01 0 days 2,027 sqft
2021-01-01 0 days 1,971 sqft
2021-02-01 0 days 1,970 sqft
2021-03-01 0 days 1,841 sqft
2021-04-01 0 days 1,926 sqft
2021-05-01 0 days 1,740 sqft
2021-06-01 0 days 1,932 sqft
2021-07-01 0 days 1,976 sqft
2021-08-01 0 days 1,944 sqft
2021-09-01 0 days 1,856 sqft
2021-10-01 0 days 1,823 sqft
2021-11-01 0 days 1,945 sqft
2021-12-01 0 days 1,945 sqft
2022-01-01 0 days 2,004 sqft
2022-02-01 0 days 2,004 sqft
2022-03-01 0 days 2,189 sqft
2022-04-01 0 days 2,154 sqft
2022-05-01 0 days 2,256 sqft
2022-06-01 0 days 2,256 sqft
Brookhaven's median listing age (time on market) for 2022-06-01 was 0 days.

Brookhaven's median square footage for active listings during the 2022-06-01 period was 2,256 sqft. One year prior, the average listing was 1,932 sqft.