Brookings Mortgage Rates

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

30 Year Fixed Rate mortgages in Brookings averaged 6.01% 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 6.12% and one month ago for the week of 2022-05-26, the average rate was 5.51%.

Brookings's average rate one year ago was 3.45%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.92%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Brookings 30 Year Fixed Rate 2022-06-30 6.01%
Brookings 30 Year Fixed Rate Refi 2022-06-30 5.92%
Brookings 15 Year Fixed Rate 2022-06-30 6.38%
Brookings 15 Year Fixed Rate Refi 2022-06-30 5%
Brookings 30 Year FHA 2022-06-30 6.02%
Brookings 30 Year FHA Refi 2022-06-30 5.54%
Brookings 30 Year USDA 2022-06-30 5.92%
Brookings 30 Year USDA Refi 2022-06-30 3.1%
Brookings 30 Year VA 2022-06-30 5.81%
Brookings 30 Year VA Refi 2022-06-30 5.22%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Brookings, OR.

Brookings 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 Brookings, OR 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
QUICKEN LOANS, LLC 76 3.03% $5,530
Umpqua Bank 68 3.13% $4,887
ROGUE 66 3.46% $3,647
CALIBER HOME LOANS, INC. 44 3.19% $3,936
CANOPY MORTGAGE, LLC 43 2.92% $6,180
UNITED WHOLESALE MORTGAGE, LLC 25 2.96% $5,940
U.S. Bank 24 3.09% $4,204
JPMorgan Chase Bank 20 3.10% $4,640
LOANDEPOT.COM, LLC 15 2.92% $6,898
Wells Fargo Bank 14 3.03% $4,421
Sierra Pacific Mortgage Company, Inc. 13 3.03% $4,453
GUILD MORTGAGE COMPANY 13 3.27% $7,566
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 9 3.32% $9,206
Mr. Cooper ( Nationstar Mortgage ) 8 3.11% $5,068
BETTER MORTGAGE CORPORATION 8 2.61% $4,718
PENNYMAC LOAN SERVICES, LLC 8 2.92% $5,554
MASON MCDUFFIE MORTGAGE CORPORATION 8 3.17% $5,805
BROKER SOLUTIONS, INC. 7 3.34% $5,704
AMERISAVE MORTGAGE CORPORATION 7 2.98% $5,024
Flagstar Bank, FSB 6 2.99% $5,461
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 6 3.39% $5,904
HOME POINT FINANCIAL CORPORATION 5 2.95% $6,547
CROSSCOUNTRY MORTGAGE, LLC 5 3.20% $7,441
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 3.12% $4,244
DIRECTORS MORTGAGE, INC. 4 5.21% $8,563
AMERICAN PACIFIC MORTGAGE CORPORATION 4 3.37% $5,370
ACADEMY MORTGAGE CORPORATION 4 3.13% $5,336
CMG MORTGAGE, INC. 4 3.03% $5,727
SUMMIT FUNDING, INC. 4 3.12% $4,933
Nations Lending Corporation 3 3.33% $8,489
Bank of America 3 2.83% $4,668
CHERRY CREEK MORTGAGE, LLC 3 2.92% $8,020
LAND HOME FINANCIAL SERVICES, INC. 3 3.00% $5,735
PACIFIC RESIDENTIAL MORTGAGE, LLC 3 3.33% $6,409
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 3.16% $4,405
STEARNS LENDING, LLC 3 2.96% $5,894
OnPoint Community Credit Union 2 2.81% $3,300
ZILLOW HOME LOANS, LLC 2 2.81% $4,161
Willamette Valley Bank 2 3.13% $5,289
LENDUS, LLC 2 3.06% $5,223
HOMESIDE FINANCIAL, LLC 2 3.12% $4,664
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 3.13% $3,075
FREEDOM MORTGAGE CORPORATION 2 2.94% $5,111
NATIONS DIRECT MORTGAGE, LLC 2 2.94% $4,421
1st Security Bank of Washington 2 3.25% $4,528
NAVY FEDERAL CREDIT UNION 2 2.56% $8,184
IMPAC MORTGAGE CORP. 2 3.18% $156
Ally Bank 2 3.06% $7,801
Commerce Home Mortgage, Inc. 2 3.06% $3,784
InterContinental Capital Group, Inc 2 3.19% $4,908
FINANCE OF AMERICA MORTGAGE LLC 2 3.38% $5,433
First Guaranty Mortgage Corporation 2 3.38% $4,277
First Interstate Bank 2 3.56% $5,256
SAMMAMISH MORTGAGE COMPANY 2 2.88% $5,797
Banner Bank 2 3.06% $6,035
North American Savings Bank, F.S.B. 1 2.75% $3,533
Northpointe Bank 1 2.88% $2,748
ONY GLO, INC. 1 3.13% $3,118
OREGON COMMUNITY 1 3.00% $5,141
WINGS FINANCIAL 1 2.50% $3,349
CHURCHILL MORTGAGE CORPORATION 1 3.13% $9,820
PLANET HOME LENDING, LLC 1 3.75% $5,407
PREMIER MORTGAGE RESOURCES, L.L.C. 1 3.25% $5,064
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.63% $5,091
Wyndham Capital Mortgage, Inc. 1 3.00% $2,470
Chicago Mortgage Solutions LLC 1 2.63% $1,687
RANLIFE, INC. 1 2.88% $3,993
BAY EQUITY LLC 1 2.99% $11,064
S1L, Inc. 1 3.25% $2,436
SPRING EQ, LLC 1 2.75% $0
Strong Home Mortgage, LLC 1 2.88% $2,380
AXIA FINANCIAL, LLC 1 3.38% $6,254
SUMMIT MORTGAGE CORPORATION 1 3.49% $6,860
Sunflower Bank 1 4.38% $11,131
TOWER 1 2.88% $3,143
Tri Counties Bank 1 2.75% $2,711
AMERICAN FINANCING CORPORATION 1 3.25% $3,626
Union Savings Bank 1 3.99% $1,302
AMERICAN FINANCIAL RESOURCES, INC. 1 3.13% $4,874
VAN DYK MORTGAGE CORPORATION 1 2.88% $4,742
Watermark Capital, Inc. 1 2.88% $2,996
Advisors Mortgage Group, L.L.C. 1 3.63% $4,088
FIRST TECHNOLOGY 1 3.25% $3,002
Franklin Loan Corporation 1 3.00% $4,615
First Federal Savings and Loan Association of Port Angeles 1 3.25% $3,035
GUARANTEED RATE, INC. 1 3.00% $5,630
FIRST COMMUNITY 1 3.38% $3,206
FirstBank 1 3.25% $5,582
HomeStreet Bank 1 3.38% $4,007
HOMEXPRESS MORTGAGE CORP. 1 4.00% $10,541
DRAPER AND KRAMER MORTGAGE CORP. 1 2.99% $3,197
Loan Simple, Inc. 1 3.50% $4,592
LPMC, LLC 1 3.13% $3,592
MANN FINANCIAL INC. 1 2.88% $5,877
Morgan Stanley Private Bank 1 2.55% $4,064
MORTGAGE EXPRESS, LLC 1 3.00% $3,048
MOUNTAIN WEST FINANCIAL, INC. 1 2.75% $5,729
MOVEMENT MORTGAGE, LLC 1 2.88% $2,870
Citibank 1 3.88% $3,232
MUFG Union Bank 1 3.00% $8,138
MUTUAL OF OMAHA MORTGAGE, INC. 1 3.50% $4,297
NETWORK CAPITAL FUNDING CORPORATION 1 2.88% $2,074
NEWREZ LLC 1 3.13% $2,934

Brookings, OR's 103 lenders originated 1,144 loans during 2021. The total origination value was $311,270,000, with an average loan value of $272,089.

The top Brookings lender as defined by loan originations is QUICKEN LOANS, LLC, with 76 loans originated. Their average total fees are $5,530, which is $643 higher than the next largest lender, Umpqua Bank.

The lowest fee Brookings lenders (with over 10 loans originated) are ROGUE ($3,647), CALIBER HOME LOANS, INC. ($3,936), U.S. Bank ($4,204), Wells Fargo Bank ($4,421) and Sierra Pacific Mortgage Company, Inc. ($4,453).

The lowest rate Brookings lenders (with over 10 loans originated) are CANOPY MORTGAGE, LLC (2.92%), LOANDEPOT.COM, LLC (2.92%), UNITED WHOLESALE MORTGAGE, LLC (2.96%), QUICKEN LOANS, LLC (3.03%) and Wells Fargo Bank (3.03%).

Brookings, OR 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
Umpqua Bank $42,325,000 $35,310,000 -16.6% 11.3%
ROGUE $30,625,000 $29,090,000 -5.0% 9.3%
QUICKEN LOANS, LLC $19,705,000 $28,270,000 43.5% 9.1%
CANOPY MORTGAGE, LLC $12,155,000 $17,800,000 46.4% 5.7%
CALIBER HOME LOANS, INC. $13,610,000 $16,930,000 24.4% 5.4%
U.S. Bank $5,660,000 $12,890,000 127.7% 4.1%
UNITED WHOLESALE MORTGAGE, LLC $8,780,000 $10,815,000 23.2% 3.5%
LOANDEPOT.COM, LLC $4,540,000 $8,170,000 80.0% 2.6%
Wells Fargo Bank $5,105,000 $7,340,000 43.8% 2.4%
GUILD MORTGAGE COMPANY $4,885,000 $7,320,000 49.8% 2.4%
PENNYMAC LOAN SERVICES, LLC $2,225,000 $6,630,000 198.0% 2.1%
JPMorgan Chase Bank $4,190,000 $6,370,000 52.0% 2.0%
Mortgage Research Center, LLC $2,990,000 $4,900,000 63.9% 1.6%
Sierra Pacific Mortgage Company, Inc. $6,570,000 $4,740,000 -27.9% 1.5%
FREEDOM MORTGAGE CORPORATION $4,715,000 $4,460,000 -5.4% 1.4%
BETTER MORTGAGE CORPORATION $1,190,000 $3,905,000 228.2% 1.3%
EVERGREEN MONEYSOURCE MORTGAGE COMPANY $2,355,000 $3,805,000 61.6% 1.2%
Evergreen Federal Bank $2,565,000 $3,385,000 32.0% 1.1%
BROKER SOLUTIONS, INC. $1,810,000 $3,365,000 85.9% 1.1%
HOME POINT FINANCIAL CORPORATION $1,630,000 $2,990,000 83.4% 1.0%
Mr. Cooper ( Nationstar Mortgage ) $1,020,000 $2,980,000 192.2% 1.0%
CMG MORTGAGE, INC. $2,595,000 $2,685,000 3.5% 0.9%
Royal Business Bank $2,555,000 n/a 0.8%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,110,000 $2,475,000 123.0% 0.8%
AMERISAVE MORTGAGE CORPORATION $2,755,000 $2,435,000 -11.6% 0.8%
MASON MCDUFFIE MORTGAGE CORPORATION $4,305,000 $2,370,000 -44.9% 0.8%
Flagstar Bank, FSB $1,185,000 $2,220,000 87.3% 0.7%
CROSSCOUNTRY MORTGAGE, LLC $1,155,000 $2,010,000 74.0% 0.6%
DIRECTORS MORTGAGE, INC. $815,000 $1,920,000 135.6% 0.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,125,000 $1,755,000 -17.4% 0.6%
LAND HOME FINANCIAL SERVICES, INC. $6,460,000 $1,665,000 -74.2% 0.5%
First Interstate Bank $205,000 $1,655,000 707.3% 0.5%
AMERICAN PACIFIC MORTGAGE CORPORATION $1,185,000 $1,595,000 34.6% 0.5%
SUMMIT FUNDING, INC. $3,890,000 $1,525,000 -60.8% 0.5%
NAVY FEDERAL CREDIT UNION $1,215,000 $1,490,000 22.6% 0.5%
Willamette Valley Bank $1,225,000 $1,485,000 21.2% 0.5%
AMERICAN ADVISORS GROUP $615,000 $1,425,000 131.7% 0.5%
NEW DAY FINANCIAL, LLC $1,050,000 $1,290,000 22.9% 0.4%
Bank of America $365,000 $1,220,000 234.2% 0.4%
IMPAC MORTGAGE CORP. $225,000 $1,220,000 442.2% 0.4%
NATIONS DIRECT MORTGAGE, LLC $935,000 $1,200,000 28.3% 0.4%
LAKEVIEW LOAN SERVICING, LLC $195,000 $1,190,000 510.3% 0.4%
AMERICAN FINANCIAL RESOURCES, INC. $865,000 $1,170,000 35.3% 0.4%
ACADEMY MORTGAGE CORPORATION $335,000 $1,160,000 246.3% 0.4%
STEARNS LENDING, LLC $1,850,000 $1,135,000 -38.6% 0.4%
FirstBank $460,000 $1,115,000 142.4% 0.4%
MORTGAGE EXPRESS, LLC $440,000 $1,090,000 147.7% 0.4%
HOMESIDE FINANCIAL, LLC $305,000 $1,005,000 229.5% 0.3%
AMERICAN FINANCING CORPORATION $460,000 $970,000 110.9% 0.3%
Banner Bank $1,565,000 $940,000 -39.9% 0.3%
CHERRY CREEK MORTGAGE, LLC $2,010,000 $935,000 -53.5% 0.3%
LENDUS, LLC $1,075,000 $930,000 -13.5% 0.3%
NEWREZ LLC $595,000 $925,000 55.5% 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,130,000 $900,000 -20.4% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $1,160,000 $865,000 -25.4% 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,000,000 $865,000 -13.5% 0.3%
S1L, Inc. $165,000 $855,000 418.2% 0.3%
People's Bank of Commerce $610,000 $830,000 36.1% 0.3%
ZILLOW HOME LOANS, LLC $225,000 $810,000 260.0% 0.3%
NORTHWEST COMMUNITY $465,000 $795,000 71.0% 0.3%
Commerce Home Mortgage, Inc. $1,685,000 $770,000 -54.3% 0.2%
GUARANTEED RATE, INC. $760,000 n/a 0.2%
HomeStreet Bank $1,005,000 $755,000 -24.9% 0.2%
SAMMAMISH MORTGAGE COMPANY $195,000 $750,000 284.6% 0.2%
PACIFIC RESIDENTIAL MORTGAGE, LLC $700,000 $735,000 5.0% 0.2%
Nations Lending Corporation $265,000 $705,000 166.0% 0.2%
Carrington Mortgage Services, LLC $345,000 $665,000 92.8% 0.2%
PLANET HOME LENDING, LLC $155,000 $665,000 329.0% 0.2%
BAY EQUITY LLC $660,000 n/a 0.2%
OnPoint Community Credit Union $305,000 $660,000 116.4% 0.2%
Wyndham Capital Mortgage, Inc. $335,000 $660,000 97.0% 0.2%
Tri Counties Bank $485,000 $650,000 34.0% 0.2%
1st Security Bank of Washington $185,000 $640,000 245.9% 0.2%
USAA Federal Savings Bank $1,345,000 $630,000 -53.2% 0.2%
MOUNTAIN WEST FINANCIAL, INC. $395,000 $620,000 57.0% 0.2%
Low VA Rates, LLC $275,000 $615,000 123.6% 0.2%
First Guaranty Mortgage Corporation $2,120,000 $605,000 -71.5% 0.2%
FINANCE OF AMERICA MORTGAGE LLC $1,915,000 $590,000 -69.2% 0.2%
SUN WEST MORTGAGE COMPANY, INC. $660,000 $580,000 -12.1% 0.2%
REVERSE MORTGAGE FUNDING LLC $195,000 $540,000 176.9% 0.2%
Morgan Stanley Private Bank $615,000 $535,000 -13.0% 0.2%
Ally Bank $115,000 $530,000 360.9% 0.2%
FINANCE OF AMERICA REVERSE LLC $395,000 $520,000 31.6% 0.2%
FBC MORTGAGE, LLC $495,000 n/a 0.2%
InterContinental Capital Group, Inc $275,000 $490,000 78.2% 0.2%
MOVEMENT MORTGAGE, LLC $715,000 $490,000 -31.5% 0.2%
Strong Home Mortgage, LLC $485,000 n/a 0.2%
BECKAM FUNDING CORP. $465,000 n/a 0.1%
Watermark Capital, Inc. $225,000 $450,000 100.0% 0.1%
LOANLEADERS OF AMERICA, INC. $445,000 n/a 0.1%
PHH Mortgage Corporation $445,000 n/a 0.1%
Alaska USA Federal Credit Union $205,000 $420,000 104.9% 0.1%
PREMIER MORTGAGE RESOURCES, L.L.C. $415,000 n/a 0.1%
OREGON COMMUNITY $405,000 n/a 0.1%
Advisors Mortgage Group, L.L.C. $395,000 n/a 0.1%
Chicago Mortgage Solutions LLC $395,000 n/a 0.1%
First Home Bank $395,000 n/a 0.1%
AXIA FINANCIAL, LLC $395,000 $375,000 -5.1% 0.1%
Equity Prime Mortgage LLC $365,000 n/a 0.1%
NETWORK CAPITAL FUNDING CORPORATION $630,000 $365,000 -42.1% 0.1%
PENTAGON FEDERAL CREDIT UNION $500,000 $365,000 -27.0% 0.1%
SUMMIT MORTGAGE CORPORATION $425,000 $365,000 -14.1% 0.1%
Summit Mortgage Corporation $355,000 n/a 0.1%
CITYWIDE HOME LOANS, LLC $345,000 n/a 0.1%
VILLAGE CAPITAL & INVESTMENT LLC $725,000 $345,000 -52.4% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $335,000 $335,000 0.0% 0.1%
North American Savings Bank, F.S.B. $335,000 n/a 0.1%
AMERICAN INTERNET MORTGAGE, INC. $285,000 $325,000 14.0% 0.1%
CHURCHILL MORTGAGE CORPORATION $285,000 $315,000 10.5% 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $355,000 $310,000 -12.7% 0.1%
TOWER $310,000 n/a 0.1%
Merchants Bank of Indiana $305,000 n/a 0.1%
Meridian Bank Corporation $275,000 $285,000 3.6% 0.1%
The Central Trust Bank $285,000 n/a 0.1%
Amerifirst Financial, Inc. $275,000 n/a 0.1%
Luxury Mortgage Corp. $275,000 n/a 0.1%
VAN DYK MORTGAGE CORPORATION $275,000 n/a 0.1%
Franklin Loan Corporation $265,000 n/a 0.1%
GUARANTEED RATE AFFINITY, LLC $265,000 n/a 0.1%
HOMEXPRESS MORTGAGE CORP. $265,000 n/a 0.1%
Loan Simple, Inc. $265,000 n/a 0.1%
LPMC, LLC $265,000 n/a 0.1%
SOUTHWEST STAGE FUNDING, LLC $255,000 n/a 0.1%
WESTERN EXPRESS LENDING $255,000 n/a 0.1%
Bank of England $470,000 $245,000 -47.9% 0.1%
HANSCOM $245,000 n/a 0.1%
LADERA LENDING, INC. $455,000 $245,000 -46.2% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $245,000 $245,000 0.0% 0.1%
Sunflower Bank $245,000 n/a 0.1%
Colten Mortgage, LLC $235,000 n/a 0.1%
Figure Lending LLC $25,000 $235,000 840.0% 0.1%
FIRST TECHNOLOGY $235,000 n/a 0.1%
SOVEREIGN LENDING GROUP INCORPORATED $235,000 $235,000 0.0% 0.1%
SPRING EQ, LLC $225,000 n/a 0.1%
MANN FINANCIAL INC. $335,000 $215,000 -35.8% 0.1%
RANLIFE, INC. $215,000 $215,000 0.0% 0.1%
TruHome Solutions, LLC $215,000 n/a 0.1%
ONY GLO, INC. $205,000 n/a 0.1%
LHM FINANCIAL CORPORATION $195,000 n/a 0.1%
MUFG Union Bank $255,000 $185,000 -27.5% 0.1%
NP, Inc. $185,000 n/a 0.1%
The Federal Savings Bank $705,000 $185,000 -73.8% 0.1%
FIRST COMMUNITY $1,820,000 $175,000 -90.4% 0.1%
TRIAD FINANCIAL SERVICES, INC. $120,000 $170,000 41.7% 0.1%
Northpointe Bank $145,000 $165,000 13.8% 0.1%
Discover Bank $160,000 n/a 0.1%
First Federal Savings and Loan Association of Port Angeles $155,000 n/a 0.0%
Pacific NW Federal Credit Union $155,000 n/a 0.0%
Union Savings Bank $155,000 n/a 0.0%
WINGS FINANCIAL $155,000 n/a 0.0%
THRIVENT Federal Credit Union $145,000 n/a 0.0%
Century Mortgage Company DBA Century Lending Company $135,000 n/a 0.0%
ADVANTIS $105,000 n/a 0.0%
Citibank $215,000 $85,000 -60.5% 0.0%

Brookings's top lender by overall market share is Umpqua Bank, with 11.3% market share. In second place, with 9.3%, is ROGUE, having originated $29,090,000 in loans. In third place, with 9.1%, is QUICKEN LOANS, LLC, having originated $28,270,000 in loans. In third place, with 5.7%, is CANOPY MORTGAGE, LLC, having originated $17,800,000 in loans. In third place, with 5.4%, is CALIBER HOME LOANS, INC., having originated $16,930,000 in loans.


Brookings, OR Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Refi 416 $106,020,000 $254,856
Home Purchase 361 $123,385,000 $341,787
Cash Out Refi 259 $66,915,000 $258,359
Home Improvement 63 $7,015,000 $111,349
Other 45 $7,935,000 $176,333

Brookings's most frequently cited loan purpose was Refi, with 416 originations. The 2nd most popular reason was Home Purchase, with 361 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 447 $118,655,000 $265,447
2.5-3% 434 $125,670,000 $289,562
<2.5% 182 $47,540,000 $261,209
4-5% 49 $13,855,000 $282,755
5-6% 10 $1,270,000 $127,000
6-7% 4 $320,000 $80,000
Over 8% 4 $380,000 $95,000
7-8% 3 $195,000 $65,000

During 2021, Brookings's most frequently originated rate bucket was 3-4%, with 447 originations.

Loan Sizing (Brookings, OR MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 611 $175,845,000 $287,799
$100k-200k 273 $42,175,000 $154,487
$400k-600k 134 $63,230,000 $471,866
$100,000 or less 97 $6,175,000 $63,660
$600k-1000k 26 $19,170,000 $737,308
$Over $1MM 3 $4,675,000 $1,558,333

Brookings's loan sizing saw the bucket of loans from $200k-400k with 611 originations, totaling $175,845,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 364 $115,650,000 $317,720
40-60% 273 $70,565,000 $258,480
80-100% 237 $80,835,000 $341,076
20-40% 156 $25,760,000 $165,128
Under 20% 67 $4,315,000 $64,403
Over 100% 6 $2,570,000 $428,333

Brookings's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 364 originations, totaling $115,650,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Brookings (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 $397,450 (-5.4%) $633,258 (-2.2%) 0.00 241
2018-02-01 $398,950 (-9.3%) $639,496 (-3.2%) 0.00 234
2018-03-01 $415,000 (-5.5%) $655,782 (-0.7%) 0.00 245
2018-04-01 $422,500 (-5.9%) $673,558 (2.3%) 0.00 244
2018-05-01 $439,000 (-1.8%) $696,473 (6.0%) 0.00 251
2018-06-01 $439,000 (4.8%) $666,964 (4.6%) 0.00 266
2018-07-01 $447,000 (11.8%) $663,306 (3.9%) 0.00 287
2018-08-01 $445,900 (5.5%) $656,412 (-0.3%) 0.00 285
2018-09-01 $459,000 (9.6%) $686,812 (5.3%) 0.00 262
2018-10-01 $487,000 (16.2%) $692,905 (6.6%) 0.00 253
2018-11-01 $485,000 (15.6%) $672,370 (5.1%) 0.00 233
2018-12-01 $479,900 (20.0%) $667,228 (4.7%) 0.00 219
2019-01-01 $459,000 (15.5%) $650,460 (2.7%) 0.00 220
2019-02-01 $443,000 (11.0%) $634,381 (-0.8%) 0.00 223
2019-03-01 $446,143 (7.5%) $628,618 (-4.1%) 0.00 240
2019-04-01 $443,643 (5.0%) $641,809 (-4.7%) 0.00 243
2019-05-01 $429,000 (-2.3%) $617,329 (-11.4%) 0.00 271
2019-06-01 $430,000 (-2.1%) $610,360 (-8.5%) 0.00 291
2019-07-01 $429,950 (-3.8%) $623,138 (-6.1%) 0.00 268
2019-08-01 $435,714 (-2.3%) $631,056 (-3.9%) 0.00 248
2019-09-01 $445,714 (-2.9%) $632,652 (-7.9%) 0.00 237
2019-10-01 $447,500 (-8.1%) $633,491 (-8.6%) 0.00 222
2019-11-01 $450,000 (-7.2%) $641,173 (-4.6%) 0.00 192
2019-12-01 $459,700 (-4.2%) $648,795 (-2.8%) 0.00 165
2020-01-01 $457,500 (-0.3%) $649,746 (-0.1%) 0.00 153
2020-02-01 $460,000 (3.8%) $664,364 (4.7%) 0.00 150
2020-03-01 $479,000 (7.4%) $605,162 (-3.7%) 0.00 146
2020-04-01 $474,000 (6.8%) $648,838 (1.1%) 0.00 151
2020-05-01 $474,000 (10.5%) $653,694 (5.9%) 0.00 152
2020-06-01 $460,000 (7.0%) $607,376 (-0.5%) 0.00 151
2020-07-01 $444,250 (3.3%) $608,646 (-2.3%) 0.00 141
2020-08-01 $459,000 (5.3%) $638,100 (1.1%) 0.00 116
2020-09-01 $460,000 (3.2%) $655,240 (3.6%) 0.00 94
2020-10-01 $452,000 (1.0%) $638,671 (0.8%) 0.00 95
2020-11-01 $449,900 (0.0%) $650,085 (1.4%) 0.00 91
2020-12-01 $467,500 (1.7%) $681,368 (5.0%) 0.00 85
2021-01-01 $465,000 (1.6%) $704,290 (8.4%) 0.00 71
2021-02-01 $434,900 (-5.5%) $609,960 (-8.2%) 0.00 58
2021-03-01 $465,000 (-2.9%) $801,713 (32.5%) 0.00 55
2021-04-01 $567,500 (19.7%) $1,010,687 (55.8%) 0.00 58
2021-05-01 $550,000 (16.0%) $902,473 (38.1%) 0.00 81
2021-06-01 $542,000 (17.8%) $941,512 (55.0%) 0.00 84
2021-07-01 $535,900 (20.6%) $841,027 (38.2%) 0.00 88
2021-08-01 $579,000 (26.1%) $895,565 (40.4%) 0.00 85
2021-09-01 $589,000 (28.0%) $921,357 (40.6%) 0.00 75
2021-10-01 $599,999 (32.7%) $930,572 (45.7%) 0.00 73
2021-11-01 $584,000 (29.8%) $952,561 (46.5%) 0.00 67
2021-12-01 $589,000 (26.0%) $977,492 (43.5%) 0.00 58
2022-01-01 $589,000 (26.7%) $1,023,386 (45.3%) 0.00 45
2022-02-01 $599,000 (37.7%) $1,065,775 (74.7%) 0.00 41
2022-03-01 $625,000 (34.4%) $985,197 (22.9%) 0.00 46
2022-04-01 $599,000 (5.6%) $1,012,517 (0.2%) 0.00 48
2022-05-01 $562,500 (2.3%) $1,088,070 (20.6%) 0.00 53
2022-06-01 $609,500 (12.5%) $986,793 (4.8%) 0.00 77
Brookings's median listing price for 2022-06-01 was $609,500, a difference of $67,500 (12.5%) versus the prior year and $47,000 versus the prior month.

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

Brookings's average listing price for 2022-06-01 was $986,793, a difference of $45,281 (4.8%) versus the prior year and $-101,277 versus the prior month.

For the 2022-06-01 period, Brookings had 77 MLS listings, a difference of 24 listings (45%) versus the prior month and -7 listings (-8%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Brookings (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,948 sqft
2018-02-01 0 days 1,958 sqft
2018-03-01 0 days 2,000 sqft
2018-04-01 0 days 2,000 sqft
2018-05-01 0 days 2,056 sqft
2018-06-01 0 days 2,046 sqft
2018-07-01 0 days 2,073 sqft
2018-08-01 0 days 2,013 sqft
2018-09-01 0 days 2,000 sqft
2018-10-01 0 days 2,004 sqft
2018-11-01 0 days 2,025 sqft
2018-12-01 0 days 2,022 sqft
2019-01-01 0 days 2,025 sqft
2019-02-01 0 days 2,046 sqft
2019-03-01 0 days 2,042 sqft
2019-04-01 0 days 2,001 sqft
2019-05-01 0 days 1,956 sqft
2019-06-01 0 days 1,959 sqft
2019-07-01 0 days 1,964 sqft
2019-08-01 0 days 1,987 sqft
2019-09-01 0 days 2,007 sqft
2019-10-01 0 days 1,984 sqft
2019-11-01 0 days 1,993 sqft
2019-12-01 0 days 2,034 sqft
2020-01-01 0 days 2,033 sqft
2020-02-01 0 days 2,076 sqft
2020-03-01 0 days 2,125 sqft
2020-04-01 0 days 2,041 sqft
2020-05-01 0 days 1,979 sqft
2020-06-01 0 days 1,950 sqft
2020-07-01 0 days 1,950 sqft
2020-08-01 0 days 1,979 sqft
2020-09-01 0 days 1,967 sqft
2020-10-01 0 days 1,940 sqft
2020-11-01 0 days 1,924 sqft
2020-12-01 0 days 1,924 sqft
2021-01-01 0 days 1,913 sqft
2021-02-01 0 days 1,746 sqft
2021-03-01 0 days 1,950 sqft
2021-04-01 0 days 2,004 sqft
2021-05-01 0 days 1,845 sqft
2021-06-01 0 days 1,743 sqft
2021-07-01 0 days 1,683 sqft
2021-08-01 0 days 1,756 sqft
2021-09-01 0 days 1,784 sqft
2021-10-01 0 days 1,911 sqft
2021-11-01 0 days 1,800 sqft
2021-12-01 0 days 1,778 sqft
2022-01-01 0 days 1,716 sqft
2022-02-01 0 days 1,680 sqft
2022-03-01 0 days 1,864 sqft
2022-04-01 0 days 1,694 sqft
2022-05-01 0 days 1,664 sqft
2022-06-01 0 days 1,681 sqft
Brookings's median listing age (time on market) for 2022-06-01 was 0 days.

Brookings's median square footage for active listings during the 2022-06-01 period was 1,681 sqft. One year prior, the average listing was 1,743 sqft.