Burley Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Burley averaged
7.13%
for the week of 2023-11-30, compared to the national average of
7.22% for the same period.
The average rate for the prior week (2023-11-22) was
6.9% and
one month ago for the week of 2023-10-26, the
average rate was 7.7%.
Burley's average rate one year ago was 6.19%.
For refis of the same type during the week of 2023-11-30, the average rate
was 7.22%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-11-30 | 7.22% |
Burley 30 Year Fixed Rate | 2023-11-30 | 7.13% |
Burley 30 Year Fixed Rate Refi | 2023-11-30 | 7.22% |
Burley 15 Year Fixed Rate | 2023-11-30 | 6.66% |
Burley 15 Year Fixed Rate Refi | 2023-11-30 | 6.46% |
Burley 30 Year FHA | 2023-11-30 | 6.74% |
Burley 30 Year FHA Refi | 2023-11-30 | 7.15% |
Burley 30 Year USDA | 2023-11-30 | 7% |
Burley 30 Year USDA Refi | 2023-11-30 | 6.9% |
Burley 30 Year VA | 2023-11-30 | 6.97% |
Burley 30 Year VA Refi | 2023-11-30 | 6.57% |
Burley 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 Burley, ID 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.).
Burley Average Closing Costs & Other Stats
Burley, ID's 72 lenders originated 1,395
loans during 2022. The total origination value was $288,015,000, with an average loan value of
$206,462.
Burley's average closing costs are $5,889.
The top Burley lender as defined by loan originations is IDAHO CENTRAL, with
95 loans originated. Their average total fees are
$6,194, which is $46
higher than the next largest lender,
First Federal Savings Bank of Twin Falls.
The lowest fee Burley lenders (with over 10 loans originated) are
D. L. Evans Bank ($5,685), UNITED WHOLESALE MORTGAGE, LLC ($5,854), First Federal Savings Bank of Twin Falls ($6,148), IDAHO CENTRAL ($6,194) and PREMIER MORTGAGE RESOURCES, L.L.C. ($7,354).
The lowest rate Burley lenders (with over 10 loans originated) are
IDAHO CENTRAL (4.58%), D. L. Evans Bank (4.68%), First Federal Savings Bank of Twin Falls (4.79%), QUICKEN LOANS, LLC (4.82%) and GUILD MORTGAGE COMPANY (4.98%).
Burley, ID 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 |
---|---|---|---|---|
IDAHO CENTRAL | $59,185,000 | $49,120,000 | -17.0% | 17.1% |
First Federal Savings Bank of Twin Falls | $80,780,000 | $48,325,000 | -40.2% | 16.8% |
D. L. Evans Bank | $31,360,000 | $28,770,000 | -8.3% | 10.0% |
VAN DYK MORTGAGE CORPORATION | $8,805,000 | $13,395,000 | 52.1% | 4.7% |
QUICKEN LOANS, LLC | $23,840,000 | $13,190,000 | -44.7% | 4.6% |
PREMIER MORTGAGE RESOURCES, L.L.C. | $11,575,000 | $11,005,000 | -4.9% | 3.8% |
AXIA FINANCIAL, LLC | $7,000,000 | $9,705,000 | 38.6% | 3.4% |
CORNERSTONE HOME LENDING, INC. | $600,000 | $8,695,000 | 1,349.2% | 3.0% |
UNITED WHOLESALE MORTGAGE, LLC | $6,175,000 | $6,630,000 | 7.4% | 2.3% |
CONNECTIONS | $3,260,000 | $5,715,000 | 75.3% | 2.0% |
Zions Bancorporation, N.A. | $6,090,000 | $5,235,000 | -14.0% | 1.8% |
GUILD MORTGAGE COMPANY | $9,620,000 | $5,100,000 | -47.0% | 1.8% |
U.S. Bank | $3,520,000 | $3,785,000 | 7.5% | 1.3% |
MOUNTAIN AMERICA | $3,690,000 | $3,310,000 | -10.3% | 1.1% |
KeyBank | $7,765,000 | $3,235,000 | -58.3% | 1.1% |
LOANDEPOT.COM, LLC | $3,165,000 | $3,105,000 | -1.9% | 1.1% |
CANOPY MORTGAGE, LLC | $2,885,000 | $2,915,000 | 1.0% | 1.0% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,140,000 | $2,490,000 | 16.4% | 0.9% |
ACADEMY MORTGAGE CORPORATION | $1,675,000 | $2,385,000 | 42.4% | 0.8% |
JPMorgan Chase Bank | $695,000 | $2,175,000 | 212.9% | 0.8% |
Alaska USA Federal Credit Union | $2,160,000 | n/a | 0.7% | |
FREEDOM MORTGAGE CORPORATION | $4,265,000 | $2,150,000 | -49.6% | 0.7% |
Mortgage Research Center, LLC | $3,055,000 | $1,950,000 | -36.2% | 0.7% |
NFM, INC. | $1,895,000 | n/a | 0.7% | |
PENNYMAC LOAN SERVICES, LLC | $3,470,000 | $1,830,000 | -47.3% | 0.6% |
MOVEMENT MORTGAGE, LLC | $3,530,000 | $1,730,000 | -51.0% | 0.6% |
AMERICAN FINANCING CORPORATION | $845,000 | $1,660,000 | 96.4% | 0.6% |
Glacier Bank | $2,210,000 | $1,650,000 | -25.3% | 0.6% |
Arbor Realty Trust, Inc. | $1,505,000 | n/a | 0.5% | |
Flagstar Bank, FSB | $1,690,000 | $1,405,000 | -16.9% | 0.5% |
PHH Mortgage Corporation | $960,000 | $1,395,000 | 45.3% | 0.5% |
HOME POINT FINANCIAL CORPORATION | $440,000 | $1,380,000 | 213.6% | 0.5% |
Washington Federal Bank | $1,360,000 | n/a | 0.5% | |
CALIBER HOME LOANS, INC. | $2,995,000 | $1,305,000 | -56.4% | 0.5% |
IDAHO STATE UNIVERSITY | $2,255,000 | $1,300,000 | -42.4% | 0.5% |
AMERISAVE MORTGAGE CORPORATION | $3,350,000 | $1,155,000 | -65.5% | 0.4% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,060,000 | $1,075,000 | 1.4% | 0.4% |
Mr. Cooper ( Nationstar Mortgage ) | $1,395,000 | $995,000 | -28.7% | 0.3% |
NAVY FEDERAL CREDIT UNION | $400,000 | $995,000 | 148.8% | 0.3% |
AMERICAN ADVISORS GROUP | $315,000 | $925,000 | 193.7% | 0.3% |
GOLDENWEST | $1,715,000 | $925,000 | -46.1% | 0.3% |
EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $1,035,000 | $915,000 | -11.6% | 0.3% |
S1L, Inc. | $195,000 | $865,000 | 343.6% | 0.3% |
USAA Federal Savings Bank | $295,000 | $850,000 | 188.1% | 0.3% |
Wells Fargo Bank | $1,315,000 | $845,000 | -35.7% | 0.3% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $430,000 | $810,000 | 88.4% | 0.3% |
INTERCAP LENDING INC. | $215,000 | $720,000 | 234.9% | 0.2% |
Northwest Farm Credit Services, FLCA | $1,215,000 | $710,000 | -41.6% | 0.2% |
PIONEER | $390,000 | $675,000 | 73.1% | 0.2% |
BROKER SOLUTIONS, INC. | $1,260,000 | $645,000 | -48.8% | 0.2% |
PACIFIC RESIDENTIAL MORTGAGE, LLC | $1,005,000 | $645,000 | -35.8% | 0.2% |
SECURITYNATIONAL MORTGAGE COMPANY | $645,000 | n/a | 0.2% | |
LAKEVIEW LOAN SERVICING, LLC | $585,000 | $595,000 | 1.7% | 0.2% |
Wyndham Capital Mortgage, Inc. | $720,000 | $595,000 | -17.4% | 0.2% |
FINANCE OF AMERICA REVERSE LLC | $185,000 | $580,000 | 213.5% | 0.2% |
AMERICAN INTERNET MORTGAGE, INC. | $245,000 | $575,000 | 134.7% | 0.2% |
AmeriHome Mortgage Company, LLC | $75,000 | $570,000 | 660.0% | 0.2% |
Deseret First Credit Union | $230,000 | $560,000 | 143.5% | 0.2% |
MANN FINANCIAL INC. | $215,000 | $555,000 | 158.1% | 0.2% |
Bank of Idaho | $1,630,000 | $530,000 | -67.5% | 0.2% |
FIRST COLONY MORTGAGE CORPORATION | $5,290,000 | $530,000 | -90.0% | 0.2% |
CAPITAL EDUCATORS FEDERAL CREDIT UNION | $235,000 | $525,000 | 123.4% | 0.2% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $2,445,000 | $510,000 | -79.1% | 0.2% |
NEWREZ LLC | $595,000 | $505,000 | -15.1% | 0.2% |
AMERICA FIRST | $455,000 | $485,000 | 6.6% | 0.2% |
LOANPAL, LLC | $710,000 | $485,000 | -31.7% | 0.2% |
GTE Federal Credit Union | $475,000 | n/a | 0.2% | |
The Federal Savings Bank | $410,000 | $470,000 | 14.6% | 0.2% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $950,000 | $435,000 | -54.2% | 0.2% |
Boeing Employees Credit Union | $85,000 | $415,000 | 388.2% | 0.1% |
SKYONE Federal Credit Union | $395,000 | n/a | 0.1% | |
Bank of America | $125,000 | $390,000 | 212.0% | 0.1% |
Carrington Mortgage Services, LLC | $500,000 | $390,000 | -22.0% | 0.1% |
Commerce Home Mortgage, Inc. | $400,000 | $385,000 | -3.8% | 0.1% |
Eagle Bank and Trust Company | $380,000 | n/a | 0.1% | |
FINANCE OF AMERICA MORTGAGE LLC | $325,000 | $375,000 | 15.4% | 0.1% |
Sierra Pacific Mortgage Company, Inc. | $750,000 | $365,000 | -51.3% | 0.1% |
NEW DAY FINANCIAL, LLC | $815,000 | $355,000 | -56.4% | 0.1% |
GSF Mortgage Corporation | $335,000 | n/a | 0.1% | |
Equity Prime Mortgage LLC | $325,000 | n/a | 0.1% | |
Gateway First Bank | $570,000 | $325,000 | -43.0% | 0.1% |
VILLAGE CAPITAL MORTGAGE | $830,000 | $305,000 | -63.3% | 0.1% |
HOMEXPRESS MORTGAGE CORP. | $295,000 | n/a | 0.1% | |
Paramount Residential Mortgage Group, Inc. | $245,000 | $295,000 | 20.4% | 0.1% |
SOUTHWEST STAGE FUNDING, LLC | $425,000 | $295,000 | -30.6% | 0.1% |
Discover Bank | $340,000 | $280,000 | -17.6% | 0.1% |
LIBERTY HOME MORTGAGE CORPORATION | $255,000 | n/a | 0.1% | |
First Guaranty Mortgage Corporation | $400,000 | $245,000 | -38.8% | 0.1% |
LOS ANGELES POLICE Federal Credit Union | $245,000 | n/a | 0.1% | |
NBKC BANK | $245,000 | n/a | 0.1% | |
Quontic Bank | $245,000 | n/a | 0.1% | |
MYCUMORTGAGE, LLC | $225,000 | n/a | 0.1% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $445,000 | $215,000 | -51.7% | 0.1% |
CASTLE & COOKE MORTGAGE, LLC | $205,000 | n/a | 0.1% | |
NUMERICA CREDIT UNION | $205,000 | n/a | 0.1% | |
VISION ONE MORTGAGE, INC. | $225,000 | $205,000 | -8.9% | 0.1% |
LADERA LENDING, INC. | $195,000 | n/a | 0.1% | |
MY MOVE MORTGAGE, LLC | $235,000 | $195,000 | -17.0% | 0.1% |
M&T Bank | $185,000 | n/a | 0.1% | |
REVERSE MORTGAGE FUNDING LLC | $185,000 | n/a | 0.1% | |
SUMMIT FUNDING, INC. | $385,000 | $185,000 | -51.9% | 0.1% |
The Bank of Commerce | $155,000 | $185,000 | 19.4% | 0.1% |
BEEHIVE | $205,000 | $175,000 | -14.6% | 0.1% |
CLEARPATH LENDING | $370,000 | $175,000 | -52.7% | 0.1% |
CROSSCOUNTRY MORTGAGE, LLC | $175,000 | n/a | 0.1% | |
PENTAGON FEDERAL CREDIT UNION | $175,000 | n/a | 0.1% | |
HOMESIDE FINANCIAL, LLC | $165,000 | n/a | 0.1% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $400,000 | $165,000 | -58.8% | 0.1% |
First National Bank of America | $275,000 | $155,000 | -43.6% | 0.1% |
OPEN MORTGAGE, LLC | $145,000 | n/a | 0.1% | |
MID AMERICA MORTGAGE, INC. | $135,000 | n/a | 0.0% | |
AGRICULTURE Federal Credit Union | $125,000 | n/a | 0.0% | |
Network Funding, L.P. | $125,000 | n/a | 0.0% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $125,000 | n/a | 0.0% | |
Umpqua Bank | $465,000 | $105,000 | -77.4% | 0.0% |
WESTMARK Credit Union | $330,000 | $100,000 | -69.7% | 0.0% |
FARMERS BANK | $75,000 | n/a | 0.0% | |
Figure Lending LLC | $25,000 | $70,000 | 180.0% | 0.0% |
Burley's top lender by overall market share is IDAHO CENTRAL, with 17.1% market share. In second place, with 16.8%, is First Federal Savings Bank of Twin Falls, having originated $48,325,000 in loans. In third place, with 10.0%, is D. L. Evans Bank, having originated $28,770,000 in loans. In fourth place, with 4.7%, is VAN DYK MORTGAGE CORPORATION, having originated $13,395,000 in loans. In fifth place, with 4.6%, is QUICKEN LOANS, LLC, having originated $13,190,000 in loans.
Burley Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Burley (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 | $162,900 (-1.6%) | $193,433 (-0.6%) | 0.00 | 78 |
2018-02-01 | $169,400 (1.0%) | $199,931 (0.8%) | 0.00 | 82 |
2018-03-01 | $170,700 (-1.9%) | $201,428 (2.1%) | 0.00 | 84 |
2018-04-01 | $183,950 (5.2%) | $227,521 (13.4%) | 0.00 | 80 |
2018-05-01 | $181,975 (1.7%) | $219,786 (7.2%) | 0.00 | 78 |
2018-06-01 | $179,850 (5.9%) | $224,186 (13.0%) | 0.00 | 95 |
2018-07-01 | $177,800 (-0.9%) | $222,179 (5.7%) | 0.00 | 101 |
2018-08-01 | $178,400 (1.3%) | $224,005 (11.7%) | 0.00 | 99 |
2018-09-01 | $180,000 (2.9%) | $237,300 (23.4%) | 0.00 | 89 |
2018-10-01 | $185,175 (5.1%) | $234,542 (20.2%) | 0.00 | 87 |
2018-11-01 | $189,450 (18.6%) | $235,695 (24.6%) | 0.00 | 89 |
2018-12-01 | $224,900 (34.3%) | $243,176 (22.0%) | 0.00 | 93 |
2019-01-01 | $221,225 (35.8%) | $241,594 (24.9%) | 0.00 | 87 |
2019-02-01 | $196,225 (15.8%) | $238,961 (19.5%) | 0.00 | 79 |
2019-03-01 | $194,349 (13.9%) | $236,600 (17.5%) | 0.00 | 79 |
2019-04-01 | $193,589 (5.2%) | $233,607 (2.7%) | 0.00 | 80 |
2019-05-01 | $212,175 (16.6%) | $257,426 (17.1%) | 0.00 | 78 |
2019-06-01 | $219,900 (22.3%) | $249,169 (11.1%) | 0.00 | 89 |
2019-07-01 | $217,500 (22.3%) | $242,993 (9.4%) | 0.00 | 97 |
2019-08-01 | $218,941 (22.7%) | $260,927 (16.5%) | 0.00 | 114 |
2019-09-01 | $224,852 (24.9%) | $281,235 (18.5%) | 0.00 | 118 |
2019-10-01 | $228,793 (23.6%) | $291,953 (24.5%) | 0.00 | 119 |
2019-11-01 | $219,900 (16.1%) | $287,339 (21.9%) | 0.00 | 111 |
2019-12-01 | $233,625 (3.9%) | $311,928 (28.3%) | 0.00 | 94 |
2020-01-01 | $253,725 (14.7%) | $320,509 (32.7%) | 0.00 | 89 |
2020-02-01 | $242,900 (23.8%) | $313,798 (31.3%) | 0.00 | 76 |
2020-03-01 | $247,000 (27.1%) | $302,335 (27.8%) | 0.00 | 85 |
2020-04-01 | $239,450 (23.7%) | $296,810 (27.1%) | 0.00 | 87 |
2020-05-01 | $249,000 (17.4%) | $307,562 (19.5%) | 0.00 | 80 |
2020-06-01 | $259,225 (17.9%) | $306,763 (23.1%) | 0.00 | 54 |
2020-07-01 | $239,950 (10.3%) | $328,649 (35.3%) | 0.00 | 46 |
2020-08-01 | $237,900 (8.7%) | $326,592 (25.2%) | 0.00 | 42 |
2020-09-01 | $236,200 (5.1%) | $293,831 (4.5%) | 0.00 | 40 |
2020-10-01 | $239,900 (4.9%) | $275,527 (-5.6%) | 0.00 | 37 |
2020-11-01 | $255,000 (16.0%) | $310,728 (8.1%) | 0.00 | 24 |
2020-12-01 | $263,725 (12.9%) | $342,075 (9.7%) | 0.00 | 23 |
2021-01-01 | $257,500 (1.5%) | $350,658 (9.4%) | 0.00 | 18 |
2021-02-01 | $256,875 (5.8%) | $433,016 (38.0%) | 0.00 | 18 |
2021-03-01 | $317,500 (28.5%) | $452,654 (49.7%) | 0.00 | 18 |
2021-04-01 | $277,000 (15.7%) | $373,153 (25.7%) | 0.00 | 18 |
2021-05-01 | $287,450 (15.4%) | $406,630 (32.2%) | 0.00 | 22 |
2021-06-01 | $289,725 (11.8%) | $402,211 (31.1%) | 0.00 | 30 |
2021-07-01 | $325,000 (35.4%) | $436,230 (32.7%) | 0.00 | 37 |
2021-08-01 | $292,250 (22.9%) | $407,139 (24.7%) | 0.00 | 48 |
2021-09-01 | $354,475 (50.1%) | $486,829 (65.7%) | 0.00 | 47 |
2021-10-01 | $351,600 (46.6%) | $459,865 (66.9%) | 0.00 | 51 |
2021-11-01 | $353,300 (38.6%) | $464,150 (49.4%) | 0.00 | 46 |
2021-12-01 | $356,000 (35.0%) | $447,224 (30.7%) | 0.00 | 45 |
2022-01-01 | $342,000 (32.8%) | $481,107 (37.2%) | 0.00 | 37 |
2022-02-01 | $347,025 (35.1%) | $458,530 (5.9%) | 0.00 | 36 |
2022-03-01 | $359,250 (13.2%) | $438,473 (-3.1%) | 0.00 | 44 |
2022-04-01 | $364,540 (31.6%) | $467,375 (25.3%) | 0.00 | 48 |
2022-05-01 | $370,328 (28.8%) | $447,247 (10.0%) | 0.00 | 64 |
2022-06-01 | $369,918 (27.7%) | $426,790 (6.1%) | 0.00 | 71 |
2022-07-01 | $374,016 (15.1%) | $430,507 (-1.3%) | 0.00 | 96 |
2022-08-01 | $384,995 (31.7%) | $447,828 (10.0%) | 0.00 | 105 |
2022-09-01 | $379,975 (7.2%) | $443,841 (-8.8%) | 0.00 | 112 |
2022-10-01 | $377,008 (7.2%) | $433,731 (-5.7%) | 0.00 | 111 |
2022-11-01 | $390,620 (10.6%) | $431,111 (-7.1%) | 0.00 | 112 |
2022-12-01 | $389,750 (9.5%) | $419,574 (-6.2%) | 0.00 | 110 |
2023-01-01 | $396,516 (15.9%) | $422,857 (-12.1%) | 0.00 | 93 |
2023-02-01 | $391,175 (12.7%) | $411,054 (-10.4%) | 0.00 | 95 |
2023-03-01 | $395,566 (10.1%) | $419,645 (-4.3%) | 0.00 | 82 |
2023-04-01 | $395,000 (8.4%) | $404,787 (-13.4%) | 0.00 | 82 |
2023-05-01 | $401,076 (8.3%) | $445,931 (-0.3%) | 0.00 | 96 |
2023-06-01 | $396,198 (7.1%) | $457,431 (7.2%) | 0.00 | 99 |
2023-07-01 | $395,000 (5.6%) | $461,662 (7.2%) | 0.00 | 107 |
2023-08-01 | $390,100 (1.3%) | $452,798 (1.1%) | 0.00 | 106 |
2023-09-01 | $378,900 (-0.3%) | $438,783 (-1.1%) | 0.00 | 122 |
2023-10-01 | $372,240 (-1.3%) | $423,130 (-2.4%) | 0.00 | 119 |
2023-11-01 | $377,000 (-3.5%) | $437,287 (1.4%) | 0.00 | 105 |
Burley's median listing price comes in at 0% of the national average.
Burley's average listing price for 2023-11-01 was $437,287, a difference of $6,176 (1.4%) versus the prior year and $14,157 versus the prior month.
For the 2023-11-01 period, Burley had 105 MLS listings, a difference of -14 listings (-12%) versus the prior month and -7 listings (-6%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Burley (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,812 sqft |
2018-02-01 | 0 days | 1,890 sqft |
2018-03-01 | 0 days | 1,947 sqft |
2018-04-01 | 0 days | 1,911 sqft |
2018-05-01 | 0 days | 1,905 sqft |
2018-06-01 | 0 days | 1,810 sqft |
2018-07-01 | 0 days | 1,762 sqft |
2018-08-01 | 0 days | 1,811 sqft |
2018-09-01 | 0 days | 1,872 sqft |
2018-10-01 | 0 days | 1,880 sqft |
2018-11-01 | 0 days | 1,860 sqft |
2018-12-01 | 0 days | 1,988 sqft |
2019-01-01 | 0 days | 2,006 sqft |
2019-02-01 | 0 days | 1,882 sqft |
2019-03-01 | 0 days | 1,936 sqft |
2019-04-01 | 0 days | 2,009 sqft |
2019-05-01 | 0 days | 2,025 sqft |
2019-06-01 | 0 days | 2,020 sqft |
2019-07-01 | 0 days | 2,009 sqft |
2019-08-01 | 0 days | 1,989 sqft |
2019-09-01 | 0 days | 1,976 sqft |
2019-10-01 | 0 days | 1,933 sqft |
2019-11-01 | 0 days | 1,901 sqft |
2019-12-01 | 0 days | 1,942 sqft |
2020-01-01 | 0 days | 2,218 sqft |
2020-02-01 | 0 days | 2,177 sqft |
2020-03-01 | 0 days | 1,879 sqft |
2020-04-01 | 0 days | 1,847 sqft |
2020-05-01 | 0 days | 1,879 sqft |
2020-06-01 | 0 days | 1,985 sqft |
2020-07-01 | 0 days | 1,976 sqft |
2020-08-01 | 0 days | 1,748 sqft |
2020-09-01 | 0 days | 1,834 sqft |
2020-10-01 | 0 days | 1,820 sqft |
2020-11-01 | 0 days | 1,820 sqft |
2020-12-01 | 0 days | 2,102 sqft |
2021-01-01 | 0 days | 2,165 sqft |
2021-02-01 | 0 days | 2,473 sqft |
2021-03-01 | 0 days | 2,701 sqft |
2021-04-01 | 0 days | 1,911 sqft |
2021-05-01 | 0 days | 1,965 sqft |
2021-06-01 | 0 days | 1,893 sqft |
2021-07-01 | 0 days | 2,112 sqft |
2021-08-01 | 0 days | 2,039 sqft |
2021-09-01 | 0 days | 2,000 sqft |
2021-10-01 | 0 days | 1,938 sqft |
2021-11-01 | 0 days | 1,976 sqft |
2021-12-01 | 0 days | 1,914 sqft |
2022-01-01 | 0 days | 1,961 sqft |
2022-02-01 | 0 days | 1,792 sqft |
2022-03-01 | 0 days | 1,910 sqft |
2022-04-01 | 0 days | 2,112 sqft |
2022-05-01 | 0 days | 2,011 sqft |
2022-06-01 | 0 days | 1,848 sqft |
2022-07-01 | 0 days | 1,914 sqft |
2022-08-01 | 0 days | 2,031 sqft |
2022-09-01 | 0 days | 1,986 sqft |
2022-10-01 | 0 days | 2,017 sqft |
2022-11-01 | 0 days | 2,022 sqft |
2022-12-01 | 0 days | 2,000 sqft |
2023-01-01 | 0 days | 1,998 sqft |
2023-02-01 | 0 days | 1,908 sqft |
2023-03-01 | 0 days | 1,970 sqft |
2023-04-01 | 0 days | 1,902 sqft |
2023-05-01 | 0 days | 1,974 sqft |
2023-06-01 | 0 days | 1,934 sqft |
2023-07-01 | 0 days | 2,031 sqft |
2023-08-01 | 0 days | 2,096 sqft |
2023-09-01 | 0 days | 1,938 sqft |
2023-10-01 | 0 days | 1,958 sqft |
2023-11-01 | 0 days | 1,968 sqft |
Burley's median square footage for active listings during the 2023-11-01 period was 1,968 sqft. One year prior, the average listing was 2,022 sqft.
Burley, ID Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 557 | $161,475,000 | $289,901 |
Cash Out Refi | 344 | $67,380,000 | $195,872 |
Home Improvement | 198 | $19,320,000 | $97,576 |
Refi | 160 | $27,760,000 | $173,500 |
Other | 136 | $12,080,000 | $88,824 |
Burley's most frequently cited loan purpose was Home Purchase, with 557 originations. The 2nd most popular reason was Cash Out Refi, with 344 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
4-5% | 370 | $77,130,000 | $208,459 |
5-6% | 332 | $80,000,000 | $240,964 |
3-4% | 316 | $71,800,000 | $227,215 |
6-7% | 181 | $30,255,000 | $167,155 |
2.5-3% | 67 | $13,375,000 | $199,627 |
7-8% | 63 | $8,735,000 | $138,651 |
Over 8% | 42 | $2,850,000 | $67,857 |
<2.5% | 20 | $2,920,000 | $146,000 |
During 2022, Burley's most frequently originated rate bucket was 4-5%, with 370 originations.
Loan Sizing (Burley, ID MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 499 | $138,065,000 | $276,683 |
$100,000 or less | 389 | $19,415,000 | $49,910 |
$100k-200k | 380 | $55,650,000 | $146,447 |
$400k-600k | 92 | $44,750,000 | $486,413 |
$600k-1000k | 30 | $20,720,000 | $690,667 |
$Over $1MM | 5 | $9,415,000 | $1,883,000 |
Burley's loan sizing saw the bucket of loans from $200k-400k with 499 originations, totaling $138,065,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 395 | $118,775,000 | $300,696 |
60-80% | 310 | $86,080,000 | $277,677 |
Under 20% | 242 | $9,630,000 | $39,793 |
20-40% | 222 | $25,190,000 | $113,468 |
40-60% | 213 | $44,265,000 | $207,817 |
Over 100% | 8 | $2,950,000 | $368,750 |
Burley's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 395 originations, totaling $118,775,000 in origination value.