Brownwood 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 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%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Brownwood, TX.

    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.).

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    PRIMELENDING, A PLAINSCAPITAL COMPANY 19 5.81% $4,859
    QUICKEN LOANS, LLC 17 4.82% $5,608
    Prosperity Bank 10 5.83% $3,342
    UNITED WHOLESALE MORTGAGE, LLC 8 5.54% $6,166
    LOANDEPOT.COM, LLC 7 5.53% $5,635
    OPEN MORTGAGE, LLC 6 5.42% $7,984
    First National Bank 5 5.05% $4,716
    First Central Credit Union 4 7.85% $2,538
    BROKER SOLUTIONS, INC. 4 6.19% $5,165
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 4.62% $7,920
    First Financial Bank 3 5.83% $6,223
    GUILD MORTGAGE COMPANY 3 5.29% $6,379
    LAKEVIEW LOAN SERVICING, LLC 3 4.46% $7,195
    Gateway First Bank 3 4.42% $5,661
    AMERICAN PACIFIC MORTGAGE CORPORATION 3 7.21% $8,300
    City Bank 3 5.38% $5,212
    Flagstar Bank, FSB 3 5.50% $6,292
    MORTGAGE FINANCIAL SERVICES, LLC 2 5.24% $5,171
    Network Funding, L.P. 2 3.88% $7,137
    Paramount Residential Mortgage Group, Inc. 2 4.56% $9,049
    PENNYMAC LOAN SERVICES, LLC 2 3.62% $4,870
    Citizens Bank 2 5.06% $3,727
    ROYAL UNITED MORTGAGE LLC 2 6.38% $5,978
    CMG MORTGAGE, INC. 2 4.63% $7,170
    SENTE MORTGAGE, INC. 2 5.43% $7,892
    SFMC, LP 2 5.69% $6,649
    CROSSCOUNTRY MORTGAGE, LLC 2 6.44% $6,487
    CALIBER HOME LOANS, INC. 2 5.16% $8,526
    CARDINAL FINANCIAL 2 6.43% $7,337
    UNION HOME MORTGAGE CORP. 2 5.31% $5,802
    UNIVERSITY Federal Credit Union 2 4.00% $4,909
    ASPIRE FINANCIAL, INC. 2 5.44% $6,451
    SECURITY SERVICE 1 5.38% $6,144
    Southwest Bank 1 3.25% $3,179
    SWBC MORTGAGE CORPORATION 1 4.88% $5,230
    TEXAS TECH 1 6.38% $5,648
    The Central Trust Bank 1 5.88% $4,471
    The Home Loan Expert LLC 1 5.63% $4,833
    Truist 1 3.13% $4,637
    USAA Federal Savings Bank 1 5.13% $5,128
    U.S. Bank 1 5.50% $3,392
    Veritex Community Bank 1 3.13% $4,637
    Wells Fargo Bank 1 7.13% $2,907
    21ST MORTGAGE CORPORATION 1 9.50% $3,379
    WILLOW BEND MORTGAGE COMPANY, LLC 1 5.63% $3,983
    AMERICAN FINANCIAL RESOURCES, INC. 1 3.75% $9,285
    AMERICA'S CHOICE HOME LOANS LP 1 5.88% $5,408
    AMERISAVE MORTGAGE CORPORATION 1 2.63% $11,563
    ANGEL OAK MORTGAGE SOLUTIONS LLC 1 7.00% $15,605
    BETTER MORTGAGE CORPORATION 1 5.00% $9,245
    BLUELEAF LENDING, LLC 1 5.88% $3,235
    CANOPY MORTGAGE, LLC 1 4.99% $7,439
    CHERRY CREEK MORTGAGE, LLC 1 7.38% $4,259
    Colonial Savings, F.A. 1 3.50% $2,690
    Discover Bank 1 4.49% $0
    Equity Prime Mortgage LLC 1 3.25% $7,967
    EVERETT FINANCIAL, INC. 1 3.88% $2,015
    First Bank 1 5.38% $14,479
    GENEVA FINANCIAL, LLC 1 4.63% $3,365
    GSB MORTGAGE, INC. 1 3.25% $3,712
    GUARANTEED RATE, INC. 1 4.63% $5,070
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.63% $4,724
    HOMESTEAD FUNDING CORP. 1 6.00% $6,171
    JPMorgan Chase Bank 1 3.00% $12,544
    Lakeview Community Capital, LLC 1 5.63% $5,170
    LEADERONE FINANCIAL CORPORATION 1 3.88% $2,950
    LOANPAL, LLC 1 5.75% $6,575
    MEMBER HOME LOAN, L.L.C. 1 4.00% $5,376
    MID AMERICA MORTGAGE, INC. 1 6.25% $1,658
    MOVEMENT MORTGAGE, LLC 1 3.81% $4,220
    Mr. Cooper ( Nationstar Mortgage ) 1 6.13% $6,152
    NETWORK CAPITAL FUNDING CORPORATION 1 6.75% $6,197
    PILGRIM MORTGAGE LLC 1 6.13% $7,954
    Plains Commerce Bank 1 7.63% $5,006
    PNC Bank 1 5.13% $6,453
    S1L, Inc. 1 6.13% $6,562

    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. Louis
    Date 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 for 2023-10-01 was $249,765, a difference of $-50,235 (-16.7%) versus the prior year and $-9,235 versus the prior month.

    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. Louis
    Date 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 listing age (time on market) for 2023-10-01 was 0 days.

    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.