Brownwood Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Brownwood averaged
6.89%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
7.32% and
one month ago for the week of 2023-02-09, the
average rate was 6.61%.
Brownwood's average rate one year ago was 4.14%.
For refis of the same type during the week of 2023-03-16, the average rate
was 7.06%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
| Brownwood 30 Year Fixed Rate | 2023-03-16 | 6.89% |
| Brownwood 30 Year Fixed Rate Refi | 2023-03-16 | 7.06% |
| Brownwood 15 Year Fixed Rate | 2023-03-16 | 6.72% |
| Brownwood 15 Year Fixed Rate Refi | 2023-03-16 | 6.03% |
| Brownwood 30 Year FHA | 2023-03-16 | 6.58% |
| Brownwood 30 Year FHA Refi | 2023-03-16 | 6.72% |
| Brownwood 30 Year USDA | 2023-03-16 | 6.15% |
| Brownwood 30 Year USDA Refi | 2023-03-16 | 2.5% |
| Brownwood 30 Year VA | 2023-03-16 | 6.6% |
| Brownwood 30 Year VA Refi | 2023-03-16 | 6.37% |
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 84 lenders originated 633
loans during 2021. The total origination value was $125,215,000, with an average loan value of
$197,812.
Brownwood's average closing costs are $5,113.
The top Brownwood lender as defined by loan originations is First National Bank, with
34 loans originated. Their average total fees are
$4,256, which is $588
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Brownwood lenders (with over 10 loans originated) are
Prosperity Bank ($2,954), First National Bank ($4,256), First Financial Bank ($4,505), OPEN MORTGAGE, LLC ($4,790) and QUICKEN LOANS, LLC ($4,844).
The lowest rate Brownwood lenders (with over 10 loans originated) are
First Financial Bank (3.06%), Prosperity Bank (3.09%), QUICKEN LOANS, LLC (3.17%), First National Bank (3.20%) and OPEN MORTGAGE, LLC (3.41%).
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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| First National Bank | $12,040,000 | $18,670,000 | 55.1% | 14.9% |
| QUICKEN LOANS, LLC | $7,255,000 | $9,965,000 | 37.4% | 8.0% |
| First Financial Bank | $3,550,000 | $5,010,000 | 41.1% | 4.0% |
| OPEN MORTGAGE, LLC | $690,000 | $4,480,000 | 549.3% | 3.6% |
| GUILD MORTGAGE COMPANY | $4,150,000 | $4,380,000 | 5.5% | 3.5% |
| Mortgage Research Center, LLC | $3,435,000 | $3,230,000 | -6.0% | 2.6% |
| Prosperity Bank | $3,265,000 | $2,630,000 | -19.4% | 2.1% |
| Mr. Cooper ( Nationstar Mortgage ) | $1,600,000 | $2,490,000 | 55.6% | 2.0% |
| A+ Federal Credit Union | $485,000 | $2,295,000 | 373.2% | 1.8% |
| Gateway First Bank | $1,240,000 | $2,150,000 | 73.4% | 1.7% |
| 21ST MORTGAGE CORPORATION | $1,665,000 | $2,115,000 | 27.0% | 1.7% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,335,000 | $2,015,000 | 50.9% | 1.6% |
| Goldman Sachs Bank USA | $2,005,000 | n/a | 1.6% | |
| UNITED WHOLESALE MORTGAGE, LLC | $2,350,000 | $1,815,000 | -22.8% | 1.4% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,035,000 | $1,795,000 | 73.4% | 1.4% |
| FREEDOM MORTGAGE CORPORATION | $1,345,000 | $1,715,000 | 27.5% | 1.4% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,455,000 | $1,645,000 | -33.0% | 1.3% |
| MID AMERICA MORTGAGE, INC. | $1,420,000 | $1,600,000 | 12.7% | 1.3% |
| CMG MORTGAGE, INC. | $595,000 | $1,560,000 | 162.2% | 1.2% |
| LAKEVIEW LOAN SERVICING, LLC | $770,000 | $1,335,000 | 73.4% | 1.1% |
| BETTER MORTGAGE CORPORATION | $1,320,000 | n/a | 1.1% | |
| NAVY FEDERAL CREDIT UNION | $935,000 | $1,300,000 | 39.0% | 1.0% |
| HOME POINT FINANCIAL CORPORATION | $1,290,000 | n/a | 1.0% | |
| GUARANTEED RATE, INC. | $415,000 | $1,260,000 | 203.6% | 1.0% |
| LOANDEPOT.COM, LLC | $1,140,000 | $1,245,000 | 9.2% | 1.0% |
| LRS FINANCIAL NETWORK, INC. | $1,755,000 | $1,235,000 | -29.6% | 1.0% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $440,000 | $1,080,000 | 145.5% | 0.9% |
| NEWREZ LLC | $740,000 | $1,060,000 | 43.2% | 0.8% |
| AMERICA'S CHOICE HOME LOANS LP | $395,000 | $1,055,000 | 167.1% | 0.8% |
| AMERISAVE MORTGAGE CORPORATION | $875,000 | $1,050,000 | 20.0% | 0.8% |
| PENTAGON FEDERAL CREDIT UNION | $1,020,000 | n/a | 0.8% | |
| Wells Fargo Bank | $1,580,000 | $1,010,000 | -36.1% | 0.8% |
| City Bank | $280,000 | $950,000 | 239.3% | 0.8% |
| SIRVA MORTGAGE, INC. | $165,000 | $895,000 | 442.4% | 0.7% |
| LEGEND LENDING CORPORATION | $870,000 | n/a | 0.7% | |
| Carrington Mortgage Services, LLC | $105,000 | $855,000 | 714.3% | 0.7% |
| Texas Capital Bank | $845,000 | n/a | 0.7% | |
| Security State Bank & Trust | $110,000 | $820,000 | 645.5% | 0.7% |
| AMERICAN FINANCIAL NETWORK, INC. | $455,000 | $775,000 | 70.3% | 0.6% |
| Flagstar Bank, FSB | $85,000 | $745,000 | 776.5% | 0.6% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $735,000 | n/a | 0.6% | |
| Ally Bank | $750,000 | $680,000 | -9.3% | 0.5% |
| Citizens Bank | $670,000 | n/a | 0.5% | |
| MOVEMENT MORTGAGE, LLC | $115,000 | $655,000 | 469.6% | 0.5% |
| AMERICAN FINANCING CORPORATION | $135,000 | $650,000 | 381.5% | 0.5% |
| ROYAL UNITED MORTGAGE LLC | $445,000 | $645,000 | 44.9% | 0.5% |
| TEXAS TECH | $55,000 | $635,000 | 1,054.5% | 0.5% |
| PLANET HOME LENDING, LLC | $725,000 | $605,000 | -16.6% | 0.5% |
| CALIBER HOME LOANS, INC. | $855,000 | $600,000 | -29.8% | 0.5% |
| Barrington Bank & Trust Company, N.A. | $595,000 | n/a | 0.5% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $145,000 | $575,000 | 296.6% | 0.5% |
| NEW DAY FINANCIAL, LLC | $155,000 | $565,000 | 264.5% | 0.5% |
| PLAZA HOME MORTGAGE, INC. | $1,095,000 | $555,000 | -49.3% | 0.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $455,000 | $545,000 | 19.8% | 0.4% |
| EVERETT FINANCIAL, INC. | $375,000 | $545,000 | 45.3% | 0.4% |
| Network Funding, L.P. | $540,000 | n/a | 0.4% | |
| AMCAP MORTGAGE, LTD. | $220,000 | $535,000 | 143.2% | 0.4% |
| SUN WEST MORTGAGE COMPANY, INC. | $530,000 | $535,000 | 0.9% | 0.4% |
| Southwest Bank | $520,000 | n/a | 0.4% | |
| SOUTHWEST STAGE FUNDING, LLC | $145,000 | $520,000 | 258.6% | 0.4% |
| AMERICAN ADVISORS GROUP | $150,000 | $515,000 | 243.3% | 0.4% |
| USAA Federal Savings Bank | $620,000 | $505,000 | -18.5% | 0.4% |
| DAS Acquisition Company, LLC | $485,000 | n/a | 0.4% | |
| BROKER SOLUTIONS, INC. | $470,000 | n/a | 0.4% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $230,000 | $460,000 | 100.0% | 0.4% |
| KELLER MORTGAGE, LLC | $605,000 | $435,000 | -28.1% | 0.3% |
| AmeriHome Mortgage Company, LLC | $155,000 | $430,000 | 177.4% | 0.3% |
| T2 FINANCIAL LLC | $425,000 | n/a | 0.3% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $145,000 | $415,000 | 186.2% | 0.3% |
| ACCELERATE MORTGAGE, LLC | $410,000 | n/a | 0.3% | |
| SFMC, LP | $125,000 | $360,000 | 188.0% | 0.3% |
| First Bank | $355,000 | n/a | 0.3% | |
| SUCCESS MORTGAGE PARTNERS, INC. | $355,000 | n/a | 0.3% | |
| Colonial Savings, F.A. | $345,000 | n/a | 0.3% | |
| DHI MORTGAGE COMPANY, LTD. | $345,000 | n/a | 0.3% | |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $340,000 | n/a | 0.3% | |
| First Central Credit Union | $745,000 | $335,000 | -55.0% | 0.3% |
| VILLAGE CAPITAL & INVESTMENT LLC | $135,000 | $335,000 | 148.1% | 0.3% |
| BM Real Estate Services, Inc. | $325,000 | n/a | 0.3% | |
| DEEPHAVEN MORTGAGE LLC | $325,000 | n/a | 0.3% | |
| First Bank & Trust | $325,000 | n/a | 0.3% | |
| Spirit of Texas Bank, SSB | $45,000 | $325,000 | 622.2% | 0.3% |
| MORTGAGE FINANCIAL SERVICES, LLC | $215,000 | $320,000 | 48.8% | 0.3% |
| BancorpSouth Bank | $315,000 | n/a | 0.3% | |
| Citizens National Bank of Texas | $315,000 | n/a | 0.3% | |
| U.S. Bank | $310,000 | n/a | 0.2% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $560,000 | $305,000 | -45.5% | 0.2% |
| First Western Trust Bank | $305,000 | n/a | 0.2% | |
| JPMorgan Chase Bank | $85,000 | $300,000 | 252.9% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $325,000 | $290,000 | -10.8% | 0.2% |
| MEMBER FIRST MORTGAGE, LLC | $290,000 | n/a | 0.2% | |
| Wyndham Capital Mortgage, Inc. | $290,000 | n/a | 0.2% | |
| LOANPAL, LLC | $75,000 | $280,000 | 273.3% | 0.2% |
| CHURCHILL MORTGAGE CORPORATION | $195,000 | $265,000 | 35.9% | 0.2% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $265,000 | n/a | 0.2% | |
| Truity Federal Credit Union | $265,000 | n/a | 0.2% | |
| Cf Bank | $255,000 | n/a | 0.2% | |
| First United Bank and Trust Company | $55,000 | $255,000 | 363.6% | 0.2% |
| TIB The Independent Bankersbank | $245,000 | n/a | 0.2% | |
| Herring Bank | $225,000 | n/a | 0.2% | |
| ZILLOW HOME LOANS, LLC | $165,000 | $225,000 | 36.4% | 0.2% |
| First National Bank Texas | $220,000 | n/a | 0.2% | |
| CORNERSTONE HOME LENDING, INC. | $215,000 | n/a | 0.2% | |
| LEADERONE FINANCIAL CORPORATION | $215,000 | n/a | 0.2% | |
| Community National Bank | $700,000 | $210,000 | -70.0% | 0.2% |
| Amarillo National Bank | $185,000 | $205,000 | 10.8% | 0.2% |
| COUNTRYPLACE MORTGAGE, LTD. | $190,000 | n/a | 0.2% | |
| Austin Capital Bank SSB | $185,000 | n/a | 0.1% | |
| CLEARPATH LENDING | $185,000 | n/a | 0.1% | |
| NexBank | $185,000 | n/a | 0.1% | |
| Paramount Bank | $185,000 | n/a | 0.1% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $475,000 | $185,000 | -61.1% | 0.1% |
| American National Bank & Trust | $130,000 | $180,000 | 38.5% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $180,000 | n/a | 0.1% | |
| First National Bank of Central Texas | $175,000 | n/a | 0.1% | |
| EMBRACE HOME LOANS, INC. | $125,000 | $165,000 | 32.0% | 0.1% |
| PENNYMAC LOAN SERVICES, LLC | $235,000 | $165,000 | -29.8% | 0.1% |
| F & M Bank | $535,000 | $155,000 | -71.0% | 0.1% |
| THE MORTGAGE FIRM, INC. | $155,000 | n/a | 0.1% | |
| Commercial Bank of Texas | $145,000 | n/a | 0.1% | |
| CONSUMERS COOPERATIVE CREDIT UNION | $145,000 | n/a | 0.1% | |
| TRIAD FINANCIAL SERVICES, INC. | $135,000 | n/a | 0.1% | |
| Wolfe Financial, Inc | $135,000 | n/a | 0.1% | |
| Bank of England | $125,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $5,000 | $125,000 | 2,400.0% | 0.1% |
| Metro City Bank | $125,000 | n/a | 0.1% | |
| MICHIGAN MUTUAL, INC. | $415,000 | $125,000 | -69.9% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $125,000 | n/a | 0.1% | |
| Nations Lending Corporation | $125,000 | n/a | 0.1% | |
| METROPLEX MORTGAGE SERVICES, INC. | $115,000 | n/a | 0.1% | |
| International Bank of Commerce | $105,000 | n/a | 0.1% | |
| RED RIVER EMPLOYEES | $95,000 | $105,000 | 10.5% | 0.1% |
| SECURITY SERVICE | $85,000 | $105,000 | 23.5% | 0.1% |
| Citibank | $45,000 | $95,000 | 111.1% | 0.1% |
| Texas Mortgage Lending, LLC | $95,000 | n/a | 0.1% | |
| ABILENE TEACHERS Federal Credit Union | $150,000 | $85,000 | -43.3% | 0.1% |
| AXIA FINANCIAL, LLC | $85,000 | n/a | 0.1% | |
| Citizens State Bank | $505,000 | $85,000 | -83.2% | 0.1% |
| SOUTHWEST FUNDING, LP | $235,000 | $75,000 | -68.1% | 0.1% |
| SWBC MORTGAGE CORPORATION | $75,000 | n/a | 0.1% | |
| Western Bank | $220,000 | $55,000 | -75.0% | 0.0% |
| InterBank | $260,000 | $45,000 | -82.7% | 0.0% |
Brownwood's top lender by overall market share is First National Bank, with 14.9% market share. In second place, with 8.0%, is QUICKEN LOANS, LLC, having originated $9,965,000 in loans. In third place, with 4.0%, is First Financial Bank, having originated $5,010,000 in loans. In fourth place, with 3.6%, is OPEN MORTGAGE, LLC, having originated $4,480,000 in loans. In fifth place, with 3.5%, is GUILD MORTGAGE COMPANY, having originated $4,380,000 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 | $145,950 (5.8%) | $202,838 (-3.8%) | 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 | $136,575 (-15.6%) | $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 (13.0%) | $260,337 (28.4%) | 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 | $148,725 (8.9%) | $243,223 (16.8%) | 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 (52.6%) | $340,488 (40.0%) | 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 |
Brownwood's median listing price comes in at 0% of the national average.
Brownwood's average listing price for 2023-02-01 was $348,129, a difference of $80,418 (30.0%) versus the prior year and $-11,524 versus the prior month.
For the 2023-02-01 period, Brownwood had 119 MLS listings, a difference of 2 listings (2%) versus the prior month and 59 listings (98%) 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 | 1,576 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 |
Brownwood's median square footage for active listings during the 2023-02-01 period was 1,773 sqft. One year prior, the average listing was 1,521 sqft.
Brownwood, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 381 | $75,505,000 | $198,176 |
| Refi | 174 | $33,300,000 | $191,379 |
| Cash Out Refi | 65 | $14,895,000 | $229,154 |
| Home Improvement | 11 | $1,285,000 | $116,818 |
| Other | 2 | $230,000 | $115,000 |
Brownwood's most frequently cited loan purpose was Home Purchase, with 381 originations. The 2nd most popular reason was Refi, with 174 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 232 | $51,620,000 | $222,500 |
| 3-4% | 223 | $44,845,000 | $201,099 |
| <2.5% | 91 | $15,665,000 | $172,143 |
| 4-5% | 32 | $5,910,000 | $184,688 |
| 5-6% | 15 | $1,955,000 | $130,333 |
| Over 8% | 14 | $1,200,000 | $85,714 |
| 6-7% | 8 | $870,000 | $108,750 |
| 7-8% | 8 | $670,000 | $83,750 |
During 2021, Brownwood's most frequently originated rate bucket was 2.5-3%, with 232 originations.
Loan Sizing (Brownwood, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 294 | $42,800,000 | $145,578 |
| $200k-400k | 186 | $51,100,000 | $274,731 |
| $100,000 or less | 114 | $8,040,000 | $70,526 |
| $400k-600k | 29 | $13,395,000 | $461,897 |
| $600k-1000k | 7 | $5,345,000 | $763,571 |
| $Over $1MM | 3 | $4,535,000 | $1,511,667 |
Brownwood's loan sizing saw the bucket of loans from $100k-200k with 294 originations, totaling $42,800,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 343 | $65,455,000 | $190,831 |
| 60-80% | 168 | $37,280,000 | $221,905 |
| 40-60% | 52 | $11,030,000 | $212,115 |
| 20-40% | 18 | $2,510,000 | $139,444 |
| Under 20% | 11 | $405,000 | $36,818 |
| Over 100% | 10 | $2,400,000 | $240,000 |
Brownwood's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 343 originations, totaling $65,455,000 in origination value.