Brownwood Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Brownwood averaged
7.41%
for the week of 2023-11-22, compared to the national average of
7.29% for the same period.
The average rate for the prior week (2023-11-16) was
7.76% and
one month ago for the week of 2023-10-19, the
average rate was 7.75%.
Brownwood's average rate one year ago was 6.53%.
For refis of the same type during the week of 2023-11-22, the average rate
was 7.59%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-11-22 | 7.29% |
Brownwood 30 Year Fixed Rate | 2023-11-22 | 7.41% |
Brownwood 30 Year Fixed Rate Refi | 2023-11-22 | 7.59% |
Brownwood 15 Year Fixed Rate | 2023-11-22 | 6.77% |
Brownwood 15 Year Fixed Rate Refi | 2023-11-22 | 6.97% |
Brownwood 30 Year FHA | 2023-11-22 | -0.22% |
Brownwood 30 Year FHA Refi | 2023-11-22 | 0.1% |
Brownwood 30 Year USDA | 2023-11-22 | 0% |
Brownwood 30 Year USDA Refi | 2023-11-22 | -0.2% |
Brownwood 30 Year VA | 2023-11-22 | 0.2% |
Brownwood 30 Year VA Refi | 2023-11-22 | 0% |
Brownwood 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 Brownwood, TX 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.).
Brownwood Average Closing Costs & Other Stats
Brownwood, TX's 76 lenders originated 527
loans during 2022. The total origination value was $113,045,000, with an average loan value of
$214,507.
Brownwood's average closing costs are $5,430.
The top Brownwood lender as defined by loan originations is PRIMELENDING, A PLAINSCAPITAL COMPANY, with
19 loans originated. Their average total fees are
$4,859, which is $749
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Brownwood lenders (with over 10 loans originated) are
Prosperity Bank ($3,342), PRIMELENDING, A PLAINSCAPITAL COMPANY ($4,859), QUICKEN LOANS, LLC ($5,608), .
The lowest rate Brownwood lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (4.82%), PRIMELENDING, A PLAINSCAPITAL COMPANY (5.81%), Prosperity Bank (5.83%), .
Brownwood, TX 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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,645,000 | $10,635,000 | 546.5% | 9.4% |
Pinnacle Bank | $9,305,000 | n/a | 8.2% | |
QUICKEN LOANS, LLC | $9,965,000 | $6,515,000 | -34.6% | 5.8% |
OPEN MORTGAGE, LLC | $4,480,000 | $4,435,000 | -1.0% | 3.9% |
First Financial Bank | $5,010,000 | $4,260,000 | -15.0% | 3.8% |
Centennial Bank | $3,035,000 | n/a | 2.7% | |
Prosperity Bank | $2,630,000 | $3,000,000 | 14.1% | 2.7% |
UNITED WHOLESALE MORTGAGE, LLC | $1,815,000 | $2,775,000 | 52.9% | 2.5% |
First National Bank | $18,670,000 | $2,600,000 | -86.1% | 2.3% |
Mortgage Research Center, LLC | $3,230,000 | $2,540,000 | -21.4% | 2.2% |
21ST MORTGAGE CORPORATION | $2,115,000 | $2,225,000 | 5.2% | 2.0% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,015,000 | $1,940,000 | -3.7% | 1.7% |
LOANDEPOT.COM, LLC | $1,245,000 | $1,580,000 | 26.9% | 1.4% |
Gateway First Bank | $2,150,000 | $1,405,000 | -34.7% | 1.2% |
UNION HOME MORTGAGE CORP. | $1,355,000 | n/a | 1.2% | |
Mr. Cooper ( Nationstar Mortgage ) | $2,490,000 | $1,285,000 | -48.4% | 1.1% |
CMG MORTGAGE, INC. | $1,560,000 | $1,250,000 | -19.9% | 1.1% |
Paramount Residential Mortgage Group, Inc. | $1,200,000 | n/a | 1.1% | |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,080,000 | $1,155,000 | 6.9% | 1.0% |
LAKEVIEW LOAN SERVICING, LLC | $1,335,000 | $1,155,000 | -13.5% | 1.0% |
GUILD MORTGAGE COMPANY | $4,380,000 | $1,125,000 | -74.3% | 1.0% |
BROKER SOLUTIONS, INC. | $470,000 | $1,095,000 | 133.0% | 1.0% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $575,000 | $1,025,000 | 78.3% | 0.9% |
USAA Federal Savings Bank | $505,000 | $1,015,000 | 101.0% | 0.9% |
The First National Bank of Albany | $920,000 | n/a | 0.8% | |
First Central Credit Union | $335,000 | $900,000 | 168.7% | 0.8% |
SOUTHWEST FUNDING, LP | $75,000 | $815,000 | 986.7% | 0.7% |
Complex Community Federal Credit Union | $780,000 | n/a | 0.7% | |
Community National Bank | $210,000 | $775,000 | 269.0% | 0.7% |
Flagstar Bank, FSB | $745,000 | $765,000 | 2.7% | 0.7% |
Network Funding, L.P. | $540,000 | $735,000 | 36.1% | 0.7% |
City Bank | $950,000 | $725,000 | -23.7% | 0.6% |
FIRST NATIONAL BANK OF WEATHERFORD | $705,000 | n/a | 0.6% | |
PENNYMAC LOAN SERVICES, LLC | $165,000 | $705,000 | 327.3% | 0.6% |
NAVY FEDERAL CREDIT UNION | $1,300,000 | $630,000 | -51.5% | 0.6% |
EVERETT FINANCIAL, INC. | $545,000 | $615,000 | 12.8% | 0.5% |
ANGEL OAK MORTGAGE SOLUTIONS LLC | $605,000 | n/a | 0.5% | |
UNIVERSITY Federal Credit Union | $605,000 | n/a | 0.5% | |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $600,000 | n/a | 0.5% | |
AMERICAN FINANCIAL RESOURCES, INC. | $305,000 | $595,000 | 95.1% | 0.5% |
LOANPAL, LLC | $280,000 | $590,000 | 110.7% | 0.5% |
Nations Lending Corporation | $125,000 | $565,000 | 352.0% | 0.5% |
ASPIRE FINANCIAL, INC. | $555,000 | n/a | 0.5% | |
COUNTRYPLACE MORTGAGE, LTD. | $190,000 | $545,000 | 186.8% | 0.5% |
CHERRY CREEK MORTGAGE, LLC | $490,000 | n/a | 0.4% | |
MORTGAGE FINANCIAL SERVICES, LLC | $320,000 | $490,000 | 53.1% | 0.4% |
ROYAL UNITED MORTGAGE LLC | $645,000 | $480,000 | -25.6% | 0.4% |
GUARANTEED RATE, INC. | $1,260,000 | $460,000 | -63.5% | 0.4% |
AMERISAVE MORTGAGE CORPORATION | $1,050,000 | $450,000 | -57.1% | 0.4% |
First Bank | $355,000 | $445,000 | 25.4% | 0.4% |
Zions Bancorporation, N.A. | $435,000 | n/a | 0.4% | |
Citizens Bank | $670,000 | $430,000 | -35.8% | 0.4% |
SFMC, LP | $360,000 | $430,000 | 19.4% | 0.4% |
FIRST CENTENNIAL MORTGAGE CORPORATION | $340,000 | $425,000 | 25.0% | 0.4% |
GSB MORTGAGE, INC. | $425,000 | n/a | 0.4% | |
SENTE MORTGAGE, INC. | $420,000 | n/a | 0.4% | |
CALIBER HOME LOANS, INC. | $600,000 | $400,000 | -33.3% | 0.4% |
SECURITY SERVICE | $105,000 | $395,000 | 276.2% | 0.3% |
Equity Prime Mortgage LLC | $370,000 | n/a | 0.3% | |
JPMorgan Chase Bank | $300,000 | $365,000 | 21.7% | 0.3% |
KELLER MORTGAGE, LLC | $435,000 | $355,000 | -18.4% | 0.3% |
Wells Fargo Bank | $1,010,000 | $355,000 | -64.9% | 0.3% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $415,000 | $350,000 | -15.7% | 0.3% |
BLUELEAF LENDING, LLC | $345,000 | n/a | 0.3% | |
TRIAD FINANCIAL SERVICES, INC. | $135,000 | $330,000 | 144.4% | 0.3% |
CREDIT HUMAN FEDERAL CREDIT UNION | $460,000 | $325,000 | -29.3% | 0.3% |
AMERICA'S CHOICE HOME LOANS LP | $1,055,000 | $305,000 | -71.1% | 0.3% |
CROSSCOUNTRY MORTGAGE, LLC | $545,000 | $300,000 | -45.0% | 0.3% |
BETTER MORTGAGE CORPORATION | $1,320,000 | $275,000 | -79.2% | 0.2% |
BECKAM FUNDING CORP. | $265,000 | n/a | 0.2% | |
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $735,000 | $260,000 | -64.6% | 0.2% |
ABILENE TEACHERS Federal Credit Union | $85,000 | $255,000 | 200.0% | 0.2% |
NEWREZ LLC | $1,060,000 | $250,000 | -76.4% | 0.2% |
SECURITYNATIONAL MORTGAGE COMPANY | $180,000 | $245,000 | 36.1% | 0.2% |
CHURCHILL MORTGAGE CORPORATION | $265,000 | $235,000 | -11.3% | 0.2% |
PHH Mortgage Corporation | $235,000 | n/a | 0.2% | |
Colonial Savings, F.A. | $345,000 | $205,000 | -40.6% | 0.2% |
First Bank & Trust | $325,000 | $205,000 | -36.9% | 0.2% |
Loan Simple, Inc. | $205,000 | n/a | 0.2% | |
The Central Trust Bank | $205,000 | n/a | 0.2% | |
The First National Bank of Granbury | $205,000 | n/a | 0.2% | |
The Home Loan Expert LLC | $205,000 | n/a | 0.2% | |
Carrington Mortgage Services, LLC | $855,000 | $200,000 | -76.6% | 0.2% |
MID AMERICA MORTGAGE, INC. | $1,600,000 | $200,000 | -87.5% | 0.2% |
International Bank of Commerce | $105,000 | $195,000 | 85.7% | 0.2% |
The Bank & Trust | $195,000 | n/a | 0.2% | |
Watermark Capital, Inc. | $185,000 | n/a | 0.2% | |
HOMESTEAD FUNDING CORP. | $175,000 | n/a | 0.2% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $125,000 | $175,000 | 40.0% | 0.2% |
PILGRIM MORTGAGE LLC | $175,000 | n/a | 0.2% | |
PNC Bank | $175,000 | n/a | 0.2% | |
CANOPY MORTGAGE, LLC | $165,000 | n/a | 0.1% | |
AMCAP MORTGAGE, LTD. | $535,000 | $155,000 | -71.0% | 0.1% |
CORNERSTONE HOME LENDING, INC. | $215,000 | $155,000 | -27.9% | 0.1% |
WILLOW BEND MORTGAGE COMPANY, LLC | $155,000 | n/a | 0.1% | |
Advisors Mortgage Group, L.L.C. | $145,000 | n/a | 0.1% | |
MOVEMENT MORTGAGE, LLC | $655,000 | $145,000 | -77.9% | 0.1% |
S1L, Inc. | $145,000 | n/a | 0.1% | |
U.S. Bank | $310,000 | $145,000 | -53.2% | 0.1% |
Discover Bank | $135,000 | n/a | 0.1% | |
NETWORK CAPITAL FUNDING CORPORATION | $135,000 | n/a | 0.1% | |
SWBC MORTGAGE CORPORATION | $75,000 | $135,000 | 80.0% | 0.1% |
SOUTHWEST STAGE FUNDING, LLC | $520,000 | $125,000 | -76.0% | 0.1% |
T2 FINANCIAL LLC | $425,000 | $125,000 | -70.6% | 0.1% |
First United Bank and Trust Company | $255,000 | $115,000 | -54.9% | 0.1% |
LEADERONE FINANCIAL CORPORATION | $215,000 | $115,000 | -46.5% | 0.1% |
Southwest Bank | $520,000 | $115,000 | -77.9% | 0.1% |
ALL REVERSE MORTGAGE, INC. | $105,000 | n/a | 0.1% | |
GENEVA FINANCIAL, LLC | $105,000 | n/a | 0.1% | |
Plains Commerce Bank | $105,000 | n/a | 0.1% | |
EUSTIS AND AMERICAN MORTGAGE COMPANY | $95,000 | n/a | 0.1% | |
Bank of America | $85,000 | n/a | 0.1% | |
Lakeview Community Capital, LLC | $85,000 | n/a | 0.1% | |
TEXAS TECH | $635,000 | $85,000 | -86.6% | 0.1% |
FIRST SERVICE Credit Union | $75,000 | n/a | 0.1% | |
CSL Financial, LLC | $65,000 | n/a | 0.1% | |
MEMBER HOME LOAN, L.L.C. | $65,000 | n/a | 0.1% | |
Western Bank | $55,000 | $65,000 | 18.2% | 0.1% |
AMERICAN ADVISORS GROUP | $515,000 | $55,000 | -89.3% | 0.0% |
AMPLIFY | $55,000 | n/a | 0.0% | |
Truist | $55,000 | n/a | 0.0% | |
Veritex Community Bank | $55,000 | n/a | 0.0% | |
TEXELL Credit Union | $35,000 | n/a | 0.0% | |
MidFirst Bank | $15,000 | n/a | 0.0% |
Brownwood's top lender by overall market share is PRIMELENDING, A PLAINSCAPITAL COMPANY, with 9.4% market share. In second place, with 8.2%, is Pinnacle Bank, having originated $9,305,000 in loans. In third place, with 5.8%, is QUICKEN LOANS, LLC, having originated $6,515,000 in loans. In fourth place, with 3.9%, is OPEN MORTGAGE, LLC, having originated $4,435,000 in loans. In fifth place, with 3.8%, is First Financial Bank, having originated $4,260,000 in loans.
Brownwood Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Brownwood (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 | $132,500 (-7.5%) | $196,104 (-6.4%) | 0.00 | 193 |
2018-02-01 | $132,375 (-4.4%) | $192,212 (-14.8%) | 0.00 | 186 |
2018-03-01 | $135,000 (-5.9%) | $201,315 (-11.3%) | 0.00 | 186 |
2018-04-01 | $154,225 (6.4%) | $211,910 (-6.8%) | 0.00 | 196 |
2018-05-01 | $160,725 (7.2%) | $233,399 (2.5%) | 0.00 | 197 |
2018-06-01 | $159,900 (8.3%) | $224,853 (-0.9%) | 0.00 | 201 |
2018-07-01 | $161,750 (8.7%) | $227,687 (2.3%) | 0.00 | 190 |
2018-08-01 | $159,900 (8.5%) | $221,910 (4.1%) | 0.00 | 193 |
2018-09-01 | $159,900 (0.0%) | $214,905 (-4.5%) | 0.00 | 194 |
2018-10-01 | $145,000 (-1.3%) | $206,295 (-4.8%) | 0.00 | 177 |
2018-11-01 | $146,425 (6.1%) | $203,299 (-4.3%) | 0.00 | 182 |
2018-12-01 | $139,900 (2.5%) | $195,411 (0.3%) | 0.00 | 190 |
2019-01-01 | $136,325 (2.9%) | $185,974 (-5.2%) | 0.00 | 184 |
2019-02-01 | $134,988 (2.0%) | $182,625 (-5.0%) | 0.00 | 183 |
2019-03-01 | $141,257 (4.6%) | $193,096 (-4.1%) | 0.00 | 181 |
2019-04-01 | $148,645 (-3.6%) | $211,380 (-0.3%) | 0.00 | 178 |
2019-05-01 | $136,125 (-15.3%) | $210,820 (-9.7%) | 0.00 | 185 |
2019-06-01 | $139,000 (-13.1%) | $207,506 (-7.7%) | 0.00 | 188 |
2019-07-01 | $136,150 (-15.8%) | $208,212 (-8.6%) | 0.00 | 187 |
2019-08-01 | $147,727 (-7.6%) | $218,668 (-1.5%) | 0.00 | 178 |
2019-09-01 | $151,818 (-5.1%) | $230,697 (7.4%) | 0.00 | 170 |
2019-10-01 | $161,000 (11.0%) | $248,837 (20.6%) | 0.00 | 154 |
2019-11-01 | $164,950 (12.7%) | $260,337 (28.1%) | 0.00 | 143 |
2019-12-01 | $164,300 (17.4%) | $256,477 (31.3%) | 0.00 | 138 |
2020-01-01 | $151,800 (11.4%) | $254,944 (37.1%) | 0.00 | 125 |
2020-02-01 | $140,000 (3.7%) | $256,305 (40.3%) | 0.00 | 120 |
2020-03-01 | $147,450 (4.4%) | $244,870 (26.8%) | 0.00 | 123 |
2020-04-01 | $145,750 (-2.0%) | $232,931 (10.2%) | 0.00 | 138 |
2020-05-01 | $148,500 (9.1%) | $230,340 (9.3%) | 0.00 | 136 |
2020-06-01 | $159,225 (14.6%) | $245,297 (18.2%) | 0.00 | 123 |
2020-07-01 | $149,450 (9.8%) | $245,346 (17.8%) | 0.00 | 122 |
2020-08-01 | $153,450 (3.9%) | $277,824 (27.1%) | 0.00 | 105 |
2020-09-01 | $151,000 (-0.5%) | $291,257 (26.3%) | 0.00 | 104 |
2020-10-01 | $149,450 (-7.2%) | $310,375 (24.7%) | 0.00 | 103 |
2020-11-01 | $149,425 (-9.4%) | $296,523 (13.9%) | 0.00 | 103 |
2020-12-01 | $157,500 (-4.1%) | $299,608 (16.8%) | 0.00 | 93 |
2021-01-01 | $149,250 (-1.7%) | $293,197 (15.0%) | 0.00 | 78 |
2021-02-01 | $224,500 (60.4%) | $350,594 (36.8%) | 0.00 | 67 |
2021-03-01 | $210,500 (42.8%) | $350,692 (43.2%) | 0.00 | 57 |
2021-04-01 | $219,125 (50.3%) | $384,847 (65.2%) | 0.00 | 59 |
2021-05-01 | $227,000 (52.9%) | $400,806 (74.0%) | 0.00 | 63 |
2021-06-01 | $225,625 (41.7%) | $369,499 (50.6%) | 0.00 | 74 |
2021-07-01 | $227,000 (51.9%) | $340,488 (38.8%) | 0.00 | 86 |
2021-08-01 | $242,900 (58.3%) | $324,705 (16.9%) | 0.00 | 72 |
2021-09-01 | $233,625 (54.7%) | $367,993 (26.4%) | 0.00 | 64 |
2021-10-01 | $250,000 (67.3%) | $367,923 (18.5%) | 0.00 | 73 |
2021-11-01 | $222,975 (49.2%) | $322,816 (8.9%) | 0.00 | 76 |
2021-12-01 | $193,000 (22.5%) | $293,663 (-2.0%) | 0.00 | 75 |
2022-01-01 | $184,750 (23.8%) | $291,923 (-0.4%) | 0.00 | 65 |
2022-02-01 | $172,575 (-23.1%) | $267,711 (-23.6%) | 0.00 | 60 |
2022-03-01 | $199,250 (-5.3%) | $254,093 (-27.6%) | 0.00 | 52 |
2022-04-01 | $190,000 (-13.3%) | $258,002 (-33.0%) | 0.00 | 47 |
2022-05-01 | $196,888 (-13.3%) | $272,516 (-32.0%) | 0.00 | 51 |
2022-06-01 | $223,725 (-0.8%) | $330,629 (-10.5%) | 0.00 | 74 |
2022-07-01 | $264,900 (16.7%) | $360,268 (5.8%) | 0.00 | 88 |
2022-08-01 | $288,000 (18.6%) | $363,013 (11.8%) | 0.00 | 105 |
2022-09-01 | $312,450 (33.7%) | $373,692 (1.6%) | 0.00 | 95 |
2022-10-01 | $300,000 (20.0%) | $396,730 (7.8%) | 0.00 | 104 |
2022-11-01 | $280,000 (25.6%) | $375,919 (16.5%) | 0.00 | 118 |
2022-12-01 | $281,450 (45.8%) | $374,461 (27.5%) | 0.00 | 118 |
2023-01-01 | $292,625 (58.4%) | $359,653 (23.2%) | 0.00 | 117 |
2023-02-01 | $255,249 (47.9%) | $348,129 (30.0%) | 0.00 | 119 |
2023-03-01 | $269,499 (35.3%) | $338,274 (33.1%) | 0.00 | 121 |
2023-04-01 | $265,000 (39.5%) | $322,338 (24.9%) | 0.00 | 122 |
2023-05-01 | $269,025 (36.6%) | $347,072 (27.4%) | 0.00 | 127 |
2023-06-01 | $256,000 (14.4%) | $359,335 (8.7%) | 0.00 | 137 |
2023-07-01 | $249,450 (-5.8%) | $341,643 (-5.2%) | 0.00 | 153 |
2023-08-01 | $239,500 (-16.8%) | $357,392 (-1.6%) | 0.00 | 142 |
2023-09-01 | $259,000 (-17.1%) | $354,754 (-5.1%) | 0.00 | 143 |
2023-10-01 | $249,765 (-16.7%) | $357,864 (-9.8%) | 0.00 | 147 |
Brownwood's median listing price comes in at 0% of the national average.
Brownwood's average listing price for 2023-10-01 was $357,864, a difference of $-38,866 (-9.8%) versus the prior year and $3,110 versus the prior month.
For the 2023-10-01 period, Brownwood had 147 MLS listings, a difference of 4 listings (3%) versus the prior month and 43 listings (41%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Brownwood (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,595 sqft |
2018-02-01 | 0 days | 1,608 sqft |
2018-03-01 | 0 days | 1,669 sqft |
2018-04-01 | 0 days | 1,718 sqft |
2018-05-01 | 0 days | 1,717 sqft |
2018-06-01 | 0 days | 1,754 sqft |
2018-07-01 | 0 days | 1,801 sqft |
2018-08-01 | 0 days | 1,797 sqft |
2018-09-01 | 0 days | 1,755 sqft |
2018-10-01 | 0 days | 1,671 sqft |
2018-11-01 | 0 days | 1,686 sqft |
2018-12-01 | 0 days | 1,680 sqft |
2019-01-01 | 0 days | 1,627 sqft |
2019-02-01 | 0 days | 1,650 sqft |
2019-03-01 | 0 days | 1,595 sqft |
2019-04-01 | 0 days | 1,618 sqft |
2019-05-01 | 0 days | 1,527 sqft |
2019-06-01 | 0 days | 1,540 sqft |
2019-07-01 | 0 days | 1,575 sqft |
2019-08-01 | 0 days | 1,598 sqft |
2019-09-01 | 0 days | 1,603 sqft |
2019-10-01 | 0 days | 1,628 sqft |
2019-11-01 | 0 days | 1,689 sqft |
2019-12-01 | 0 days | 1,671 sqft |
2020-01-01 | 0 days | 1,589 sqft |
2020-02-01 | 0 days | 1,525 sqft |
2020-03-01 | 0 days | 1,595 sqft |
2020-04-01 | 0 days | 1,556 sqft |
2020-05-01 | 0 days | 1,620 sqft |
2020-06-01 | 0 days | 1,666 sqft |
2020-07-01 | 0 days | 1,631 sqft |
2020-08-01 | 0 days | 1,623 sqft |
2020-09-01 | 0 days | 1,621 sqft |
2020-10-01 | 0 days | 1,648 sqft |
2020-11-01 | 0 days | 1,649 sqft |
2020-12-01 | 0 days | 1,727 sqft |
2021-01-01 | 0 days | 1,626 sqft |
2021-02-01 | 0 days | 1,703 sqft |
2021-03-01 | 0 days | 1,652 sqft |
2021-04-01 | 0 days | 1,664 sqft |
2021-05-01 | 0 days | 1,861 sqft |
2021-06-01 | 0 days | 1,747 sqft |
2021-07-01 | 0 days | 1,766 sqft |
2021-08-01 | 0 days | 1,755 sqft |
2021-09-01 | 0 days | 1,732 sqft |
2021-10-01 | 0 days | 1,744 sqft |
2021-11-01 | 0 days | 1,811 sqft |
2021-12-01 | 0 days | 1,693 sqft |
2022-01-01 | 0 days | 1,607 sqft |
2022-02-01 | 0 days | 1,521 sqft |
2022-03-01 | 0 days | 1,617 sqft |
2022-04-01 | 0 days | 1,568 sqft |
2022-05-01 | 0 days | 1,629 sqft |
2022-06-01 | 0 days | 1,715 sqft |
2022-07-01 | 0 days | 1,776 sqft |
2022-08-01 | 0 days | 1,804 sqft |
2022-09-01 | 0 days | 1,923 sqft |
2022-10-01 | 0 days | 1,908 sqft |
2022-11-01 | 0 days | 1,881 sqft |
2022-12-01 | 0 days | 1,860 sqft |
2023-01-01 | 0 days | 1,818 sqft |
2023-02-01 | 0 days | 1,773 sqft |
2023-03-01 | 0 days | 1,783 sqft |
2023-04-01 | 0 days | 1,740 sqft |
2023-05-01 | 0 days | 1,792 sqft |
2023-06-01 | 0 days | 1,793 sqft |
2023-07-01 | 0 days | 1,792 sqft |
2023-08-01 | 0 days | 1,761 sqft |
2023-09-01 | 0 days | 1,750 sqft |
2023-10-01 | 0 days | 1,665 sqft |
Brownwood's median square footage for active listings during the 2023-10-01 period was 1,665 sqft. One year prior, the average listing was 1,908 sqft.
Brownwood, TX Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 381 | $89,525,000 | $234,974 |
Cash Out Refi | 62 | $11,010,000 | $177,581 |
Refi | 52 | $8,100,000 | $155,769 |
Other | 17 | $3,195,000 | $187,941 |
Home Improvement | 15 | $1,215,000 | $81,000 |
Brownwood's most frequently cited loan purpose was Home Purchase, with 381 originations. The 2nd most popular reason was Cash Out Refi, with 62 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 146 | $29,490,000 | $201,986 |
4-5% | 101 | $19,545,000 | $193,515 |
3-4% | 94 | $19,160,000 | $203,830 |
6-7% | 87 | $14,635,000 | $168,218 |
7-8% | 38 | $7,460,000 | $196,316 |
Over 8% | 29 | $2,725,000 | $93,966 |
2.5-3% | 13 | $3,225,000 | $248,077 |
<2.5% | 7 | $885,000 | $126,429 |
During 2022, Brownwood's most frequently originated rate bucket was 5-6%, with 146 originations.
Loan Sizing (Brownwood, TX MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 256 | $38,020,000 | $148,516 |
$200k-400k | 135 | $36,575,000 | $270,926 |
$100,000 or less | 98 | $6,530,000 | $66,633 |
$400k-600k | 28 | $12,890,000 | $460,357 |
$600k-1000k | 7 | $5,405,000 | $772,143 |
$Over $1MM | 3 | $13,625,000 | $4,541,667 |
Brownwood's loan sizing saw the bucket of loans from $100k-200k with 256 originations, totaling $38,020,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 267 | $53,995,000 | $202,228 |
60-80% | 141 | $30,985,000 | $219,752 |
40-60% | 58 | $9,100,000 | $156,897 |
20-40% | 23 | $2,905,000 | $126,304 |
Over 100% | 12 | $2,170,000 | $180,833 |
Under 20% | 12 | $540,000 | $45,000 |
Brownwood's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 267 originations, totaling $53,995,000 in origination value.