Cañon City Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Cañon City averaged
6.16%
for the week of 2022-06-23, compared to the national average of
5.81% for the same period.
The average rate for the prior week (2022-06-16) was
5.83% and
one month ago for the week of 2022-05-19, the
average rate was 5.4%.
Cañon City's average rate one year ago was 2.91%.
For refis of the same type during the week of 2022-06-23, the average rate
was 6.03%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-23 | 5.81% |
| Cañon City 30 Year Fixed Rate | 2022-06-23 | 6.16% |
| Cañon City 30 Year Fixed Rate Refi | 2022-06-23 | 6.03% |
| Cañon City 15 Year Fixed Rate | 2022-06-23 | 5.23% |
| Cañon City 15 Year Fixed Rate Refi | 2022-06-23 | 5.12% |
| Cañon City 30 Year FHA | 2022-06-23 | 0.07% |
| Cañon City 30 Year FHA Refi | 2022-06-23 | -0.13% |
| Cañon City 30 Year USDA | 2022-06-23 | -0.46% |
| Cañon City 30 Year USDA Refi | 2022-06-23 | -0.41% |
| Cañon City 30 Year VA | 2022-06-23 | 0.49% |
| Cañon City 30 Year VA Refi | 2022-06-23 | 0.04% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Cañon City, CO.
Cañon City 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 Cañon City, CO 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.).
Cañon City, CO's 146 lenders originated 2,555
loans during 2021. The total origination value was $567,555,000, with an average loan value of
$222,135.
The top Cañon City lender as defined by loan originations is QUICKEN LOANS, LLC, with
127 loans originated. Their average total fees are
$5,001, which is $437
higher than the next largest lender,
THE MORTGAGE COMPANY.
The lowest fee Cañon City lenders (with over 10 loans originated) are
MID AMERICA MORTGAGE, INC. ($3,072), U.S. Bank ($3,084), Ent Credit Union ($3,131), CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION ($3,320) and FBC MORTGAGE, LLC ($3,322).
The lowest rate Cañon City lenders (with over 10 loans originated) are
AMERISAVE MORTGAGE CORPORATION (2.70%), HOME POINT FINANCIAL CORPORATION (2.95%), NEWREZ LLC (2.95%), Ent Credit Union (2.96%) and Loan Simple, Inc. (2.97%).
Cañon City, CO 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 |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $46,015,000 | $48,335,000 | 5.0% | 8.5% |
| THE MORTGAGE COMPANY | $45,420,000 | $43,060,000 | -5.2% | 7.6% |
| UNITED WHOLESALE MORTGAGE, LLC | $22,770,000 | $35,670,000 | 56.7% | 6.3% |
| Ent Credit Union | $15,350,000 | $28,040,000 | 82.7% | 4.9% |
| LOANDEPOT.COM, LLC | $12,060,000 | $19,810,000 | 64.3% | 3.5% |
| FREEDOM MORTGAGE CORPORATION | $21,360,000 | $18,125,000 | -15.1% | 3.2% |
| The Central Trust Bank | $9,245,000 | $15,835,000 | 71.3% | 2.8% |
| MID AMERICA MORTGAGE, INC. | $210,000 | $15,115,000 | 7,097.6% | 2.7% |
| BROKER SOLUTIONS, INC. | $19,415,000 | $13,925,000 | -28.3% | 2.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $9,480,000 | $11,615,000 | 22.5% | 2.0% |
| HOME POINT FINANCIAL CORPORATION | $6,405,000 | $11,575,000 | 80.7% | 2.0% |
| CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION | $10,135,000 | $10,545,000 | 4.0% | 1.9% |
| Mortgage Research Center, LLC | $8,410,000 | $10,335,000 | 22.9% | 1.8% |
| PENNYMAC LOAN SERVICES, LLC | $15,825,000 | $10,010,000 | -36.7% | 1.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $4,960,000 | $8,155,000 | 64.4% | 1.4% |
| Loan Simple, Inc. | $3,630,000 | $7,890,000 | 117.4% | 1.4% |
| CALIBER HOME LOANS, INC. | $6,285,000 | $7,520,000 | 19.6% | 1.3% |
| FBC MORTGAGE, LLC | $8,385,000 | $7,005,000 | -16.5% | 1.2% |
| U.S. Bank | $6,445,000 | $6,955,000 | 7.9% | 1.2% |
| NEWREZ LLC | $1,820,000 | $6,400,000 | 251.6% | 1.1% |
| Wells Fargo Bank | $5,450,000 | $6,150,000 | 12.8% | 1.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $14,490,000 | $5,960,000 | -58.9% | 1.1% |
| AMERICAN FINANCING CORPORATION | $6,160,000 | $5,565,000 | -9.7% | 1.0% |
| Northpointe Bank | $6,110,000 | $5,375,000 | -12.0% | 0.9% |
| VILLAGE CAPITAL & INVESTMENT LLC | $2,705,000 | $5,350,000 | 97.8% | 0.9% |
| NEW DAY FINANCIAL, LLC | $2,445,000 | $4,825,000 | 97.3% | 0.9% |
| AMERISAVE MORTGAGE CORPORATION | $3,765,000 | $4,705,000 | 25.0% | 0.8% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,590,000 | $4,650,000 | 192.5% | 0.8% |
| PLAZA HOME MORTGAGE, INC. | $705,000 | $4,555,000 | 546.1% | 0.8% |
| LAKEVIEW LOAN SERVICING, LLC | $4,250,000 | $4,540,000 | 6.8% | 0.8% |
| LOANPAL, LLC | $2,575,000 | $4,500,000 | 74.8% | 0.8% |
| S1L, Inc. | $480,000 | $4,320,000 | 800.0% | 0.8% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $2,635,000 | $4,105,000 | 55.8% | 0.7% |
| ACADEMY MORTGAGE CORPORATION | $5,230,000 | $4,070,000 | -22.2% | 0.7% |
| CHERRY CREEK MORTGAGE, LLC | $2,255,000 | $3,845,000 | 70.5% | 0.7% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $2,375,000 | $3,515,000 | 48.0% | 0.6% |
| Bank of England | $1,095,000 | $3,185,000 | 190.9% | 0.6% |
| Financial Funding Solutions, Inc. | $3,330,000 | $3,085,000 | -7.4% | 0.5% |
| GUARANTEED RATE, INC. | $1,505,000 | $3,085,000 | 105.0% | 0.5% |
| SunWest Credit Union | $2,260,000 | $3,010,000 | 33.2% | 0.5% |
| JPMorgan Chase Bank | $2,035,000 | $2,975,000 | 46.2% | 0.5% |
| Sunflower Bank | $2,860,000 | $2,975,000 | 4.0% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $3,390,000 | $2,960,000 | -12.7% | 0.5% |
| PREMIER MORTGAGE SERVICES, INC. | $1,430,000 | $2,950,000 | 106.3% | 0.5% |
| UNIVERSAL LENDING CORPORATION | $4,485,000 | $2,910,000 | -35.1% | 0.5% |
| SECURITY SERVICE | $2,570,000 | $2,795,000 | 8.8% | 0.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,150,000 | $2,775,000 | 29.1% | 0.5% |
| NBH Bank | $3,740,000 | $2,655,000 | -29.0% | 0.5% |
| Glacier Bank | $4,680,000 | $2,625,000 | -43.9% | 0.5% |
| INTEGRITY MORTGAGE & FINANCIAL INCORPORATED | $3,525,000 | $2,325,000 | -34.0% | 0.4% |
| Midwest Mortgage Associates Corporation | $685,000 | $2,275,000 | 232.1% | 0.4% |
| InterContinental Capital Group, Inc | $1,965,000 | $2,215,000 | 12.7% | 0.4% |
| GUILD MORTGAGE COMPANY | $1,975,000 | $2,150,000 | 8.9% | 0.4% |
| CELEBRITY HOME LOANS, LLC | $475,000 | $2,140,000 | 350.5% | 0.4% |
| BETTER MORTGAGE CORPORATION | $1,330,000 | $2,025,000 | 52.3% | 0.4% |
| V.I.P. MORTGAGE, INC. | $2,245,000 | $2,015,000 | -10.2% | 0.4% |
| USAA Federal Savings Bank | $4,430,000 | $1,975,000 | -55.4% | 0.3% |
| The Federal Savings Bank | $2,085,000 | $1,930,000 | -7.4% | 0.3% |
| KELLER MORTGAGE, LLC | $3,105,000 | $1,925,000 | -38.0% | 0.3% |
| STEARNS LENDING, LLC | $2,565,000 | $1,900,000 | -25.9% | 0.3% |
| THRIVE MORTGAGE, LLC | $1,900,000 | n/a | 0.3% | |
| Adams Bank & Trust | $275,000 | $1,895,000 | 589.1% | 0.3% |
| DRAPER AND KRAMER MORTGAGE CORP. | $620,000 | $1,850,000 | 198.4% | 0.3% |
| UNION HOME MORTGAGE CORP. | $1,825,000 | n/a | 0.3% | |
| OPEN MORTGAGE, LLC | $1,800,000 | $1,750,000 | -2.8% | 0.3% |
| PLANET HOME LENDING, LLC | $2,285,000 | $1,715,000 | -24.9% | 0.3% |
| CLEARPATH LENDING | $3,600,000 | $1,615,000 | -55.1% | 0.3% |
| NP, Inc. | $495,000 | $1,610,000 | 225.3% | 0.3% |
| REVERSE MORTGAGE FUNDING LLC | $595,000 | $1,600,000 | 168.9% | 0.3% |
| PHH Mortgage Corporation | $980,000 | $1,570,000 | 60.2% | 0.3% |
| Flagstar Bank, FSB | $2,655,000 | $1,555,000 | -41.4% | 0.3% |
| 1ST SIGNATURE LENDING, LLC | $295,000 | $1,545,000 | 423.7% | 0.3% |
| NFM, INC. | $185,000 | $1,535,000 | 729.7% | 0.3% |
| Zions Bancorporation, N.A. | $1,210,000 | $1,510,000 | 24.8% | 0.3% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $1,265,000 | $1,480,000 | 17.0% | 0.3% |
| Nations Lending Corporation | $1,895,000 | $1,385,000 | -26.9% | 0.2% |
| CMG MORTGAGE, INC. | $1,265,000 | $1,345,000 | 6.3% | 0.2% |
| First Guaranty Mortgage Corporation | $1,305,000 | n/a | 0.2% | |
| GUARANTEED RATE AFFINITY, LLC | $905,000 | $1,295,000 | 43.1% | 0.2% |
| FINANCE OF AMERICA REVERSE LLC | $780,000 | $1,270,000 | 62.8% | 0.2% |
| Waterstone Mortgage Corporation | $235,000 | $1,265,000 | 438.3% | 0.2% |
| BAY EQUITY LLC | $980,000 | $1,255,000 | 28.1% | 0.2% |
| Ally Bank | $515,000 | $1,230,000 | 138.8% | 0.2% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,395,000 | $1,165,000 | -16.5% | 0.2% |
| FINANCE OF AMERICA MORTGAGE LLC | $785,000 | $1,160,000 | 47.8% | 0.2% |
| Farmers & Stockmens Bank | $1,150,000 | n/a | 0.2% | |
| AMERICAN FINANCIAL NETWORK, INC. | $1,270,000 | $1,120,000 | -11.8% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,610,000 | $1,075,000 | -33.2% | 0.2% |
| Magnolia Bank | $615,000 | $1,060,000 | 72.4% | 0.2% |
| Carrington Mortgage Services, LLC | $2,725,000 | $1,030,000 | -62.2% | 0.2% |
| MidFirst Bank | $1,000,000 | n/a | 0.2% | |
| AMERICAN ADVISORS GROUP | $1,000,000 | $975,000 | -2.5% | 0.2% |
| J. VIRGIL, INC. | $315,000 | $960,000 | 204.8% | 0.2% |
| SOUTHWEST STAGE FUNDING, LLC | $1,005,000 | $930,000 | -7.5% | 0.2% |
| Bank of Colorado | $880,000 | n/a | 0.2% | |
| Low VA Rates, LLC | $495,000 | $805,000 | 62.6% | 0.1% |
| NETWORK CAPITAL FUNDING CORPORATION | $145,000 | $795,000 | 448.3% | 0.1% |
| Hometown Lenders, Inc. | $780,000 | n/a | 0.1% | |
| Mid-Continent Funding, Inc. | $620,000 | $765,000 | 23.4% | 0.1% |
| ZILLOW HOME LOANS, LLC | $515,000 | $745,000 | 44.7% | 0.1% |
| MEGASTAR FINANCIAL CORP. | $635,000 | $730,000 | 15.0% | 0.1% |
| Commerce Bank | $175,000 | $680,000 | 288.6% | 0.1% |
| BMO Harris Bank | $675,000 | n/a | 0.1% | |
| Charles Schwab Bank, SSB | $665,000 | n/a | 0.1% | |
| INTERCOASTAL MORTGAGE COMPANY | $665,000 | n/a | 0.1% | |
| MICHIGAN MUTUAL, INC. | $1,290,000 | $660,000 | -48.8% | 0.1% |
| Amerifirst Financial, Inc. | $410,000 | $655,000 | 59.8% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $1,390,000 | $650,000 | -53.2% | 0.1% |
| SOVEREIGN LENDING GROUP INCORPORATED | $475,000 | $650,000 | 36.8% | 0.1% |
| KeyBank | $630,000 | n/a | 0.1% | |
| TCF National Bank | $415,000 | $615,000 | 48.2% | 0.1% |
| CONTOUR MORTGAGE CORPORATION | $275,000 | $600,000 | 118.2% | 0.1% |
| Chicago Mortgage Solutions LLC | $155,000 | $590,000 | 280.6% | 0.1% |
| Farm Credit Mid-America, ACA | $585,000 | n/a | 0.1% | |
| Gateway First Bank | $1,250,000 | $585,000 | -53.2% | 0.1% |
| COLORADO CREDIT UNION | $645,000 | $555,000 | -14.0% | 0.1% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $495,000 | $545,000 | 10.1% | 0.1% |
| INTERCAP LENDING INC. | $95,000 | $530,000 | 457.9% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $145,000 | $525,000 | 262.1% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $155,000 | $520,000 | 235.5% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $175,000 | $510,000 | 191.4% | 0.1% |
| Commerce Home Mortgage, Inc. | $875,000 | $510,000 | -41.7% | 0.1% |
| ACCELERATE MORTGAGE, LLC | $500,000 | n/a | 0.1% | |
| CRESCENT MORTGAGE COMPANY | $500,000 | n/a | 0.1% | |
| EVERETT FINANCIAL, INC. | $4,870,000 | $500,000 | -89.7% | 0.1% |
| Sierra Pacific Mortgage Company, Inc. | $495,000 | n/a | 0.1% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,370,000 | $480,000 | -65.0% | 0.1% |
| ALL WESTERN MORTGAGE, INC. | $470,000 | n/a | 0.1% | |
| CANVAS CREDIT UNION | $205,000 | $465,000 | 126.8% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $1,345,000 | $460,000 | -65.8% | 0.1% |
| Bank of the West | $305,000 | $455,000 | 49.2% | 0.1% |
| BOKF | $1,825,000 | $455,000 | -75.1% | 0.1% |
| MANN FINANCIAL INC. | $155,000 | $450,000 | 190.3% | 0.1% |
| INFINITY MORTGAGE HOLDINGS, LLC | $445,000 | n/a | 0.1% | |
| LENDINGONE, LLC | $850,000 | $445,000 | -47.6% | 0.1% |
| Elevations Credit Union | $435,000 | n/a | 0.1% | |
| NEXERA HOLDING LLC | $335,000 | $425,000 | 26.9% | 0.1% |
| United Fidelity Funding Corp. | $255,000 | $425,000 | 66.7% | 0.1% |
| 21ST MORTGAGE CORPORATION | $445,000 | $415,000 | -6.7% | 0.1% |
| Bank of America | $970,000 | $405,000 | -58.2% | 0.1% |
| WILLOW BEND MORTGAGE COMPANY, LLC | $405,000 | n/a | 0.1% | |
| ANB Bank | $395,000 | n/a | 0.1% | |
| Goldwater Bank, N.A. | $395,000 | n/a | 0.1% | |
| LADERA LENDING, INC. | $355,000 | $395,000 | 11.3% | 0.1% |
| FLAT BRANCH MORTGAGE, INC. | $375,000 | n/a | 0.1% | |
| WESCOM CENTRAL CREDIT UNION | $375,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $515,000 | $370,000 | -28.2% | 0.1% |
| American Mortgage & Equity Consultants, Inc. | $365,000 | n/a | 0.1% | |
| CENTENNIAL LENDING, LLC | $700,000 | $365,000 | -47.9% | 0.1% |
| GUARANTY HOME MORTGAGE CORPORATION | $365,000 | n/a | 0.1% | |
| Home Mortgage Alliance Corp | $355,000 | n/a | 0.1% | |
| DIRECT MORTGAGE LOANS, LLC | $345,000 | n/a | 0.1% | |
| Quontic Bank | $345,000 | n/a | 0.1% | |
| RELIANCE FIRST CAPITAL, LLC | $335,000 | n/a | 0.1% | |
| WESTERRA CREDIT UNION | $440,000 | $330,000 | -25.0% | 0.1% |
| Alpine Bank | $325,000 | n/a | 0.1% | |
| CORNERSTONE HOME LENDING, INC. | $2,565,000 | $325,000 | -87.3% | 0.1% |
| EMM LOANS LLC | $490,000 | $325,000 | -33.7% | 0.1% |
| MOUNTAIN AMERICA | $325,000 | n/a | 0.1% | |
| The Home Loan Expert LLC | $145,000 | $325,000 | 124.1% | 0.1% |
| First Western Trust Bank | $705,000 | $320,000 | -54.6% | 0.1% |
| KS StateBank | $315,000 | n/a | 0.1% | |
| Lakeview Community Capital, LLC | $370,000 | $315,000 | -14.9% | 0.1% |
| Midwest Community Bank | $315,000 | n/a | 0.1% | |
| Plains Commerce Bank | $1,200,000 | $315,000 | -73.8% | 0.1% |
| Prime Choice Funding Inc. | $835,000 | $315,000 | -62.3% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $310,000 | n/a | 0.1% | |
| COMPEER FINANCIAL, FLCA | $585,000 | $305,000 | -47.9% | 0.1% |
| FIRST COLONY MORTGAGE CORPORATION | $305,000 | n/a | 0.1% | |
| Trinity Oaks Mortgage, LLC | $245,000 | $305,000 | 24.5% | 0.1% |
| BM Real Estate Services, Inc. | $295,000 | n/a | 0.1% | |
| First Mortgage Solutions, LLC | $295,000 | n/a | 0.1% | |
| PREMIER MEMBERS CREDIT UNION | $285,000 | n/a | 0.1% | |
| ROYAL UNITED MORTGAGE LLC | $300,000 | $285,000 | -5.0% | 0.1% |
| TJC Mortgage, Inc. | $285,000 | n/a | 0.1% | |
| UNITED MORTGAGE CORP. | $410,000 | $285,000 | -30.5% | 0.1% |
| HOME MORTGAGE ALLIANCE, LLC | $420,000 | $275,000 | -34.5% | 0.0% |
| LEADERONE FINANCIAL CORPORATION | $400,000 | $275,000 | -31.3% | 0.0% |
| AVENTA Credit Union | $390,000 | $270,000 | -30.8% | 0.0% |
| Jonah Bank of Wyoming | $265,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $265,000 | n/a | 0.0% | |
| A&D Mortgage LLC | $255,000 | n/a | 0.0% | |
| SIGNATURE MORTGAGE CORPORATION | $255,000 | n/a | 0.0% | |
| ARC HOME LLC | $275,000 | $245,000 | -10.9% | 0.0% |
| BELLCO | $635,000 | $245,000 | -61.4% | 0.0% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $245,000 | n/a | 0.0% | |
| TruHome Solutions, LLC | $245,000 | n/a | 0.0% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $795,000 | $235,000 | -70.4% | 0.0% |
| TBK BANK, SSB | $1,420,000 | $235,000 | -83.5% | 0.0% |
| Discover Bank | $105,000 | $230,000 | 119.0% | 0.0% |
| Capital Bank | $225,000 | n/a | 0.0% | |
| Chickasaw Community Bank | $225,000 | n/a | 0.0% | |
| North American Savings Bank, F.S.B. | $235,000 | $225,000 | -4.3% | 0.0% |
| SIRVA MORTGAGE, INC. | $175,000 | $225,000 | 28.6% | 0.0% |
| First National Bank of Omaha | $435,000 | $215,000 | -50.6% | 0.0% |
| LENDINGHOME FUNDING CORPORATION | $115,000 | $215,000 | 87.0% | 0.0% |
| WINNPOINTE CORPORATION | $385,000 | $215,000 | -44.2% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $205,000 | n/a | 0.0% | |
| FIRST TECHNOLOGY | $325,000 | $205,000 | -36.9% | 0.0% |
| SUCCESS MORTGAGE PARTNERS, INC. | $205,000 | n/a | 0.0% | |
| Figure Lending LLC | $25,000 | $200,000 | 700.0% | 0.0% |
| Paramount Residential Mortgage Group, Inc. | $750,000 | $195,000 | -74.0% | 0.0% |
| FirstBank | $670,000 | $185,000 | -72.4% | 0.0% |
| AmeriHome Mortgage Company, LLC | $135,000 | $175,000 | 29.6% | 0.0% |
| BELEM SERVICING LLC | $185,000 | $175,000 | -5.4% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $165,000 | $175,000 | 6.1% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $520,000 | $165,000 | -68.3% | 0.0% |
| Colonial Savings, F.A. | $185,000 | $155,000 | -16.2% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $235,000 | $135,000 | -42.6% | 0.0% |
| T2 FINANCIAL LLC | $135,000 | n/a | 0.0% | |
| Advisors Mortgage Group, L.L.C. | $125,000 | n/a | 0.0% | |
| Elements Financial Federal Credit Union | $125,000 | n/a | 0.0% | |
| IMPAC MORTGAGE CORP. | $265,000 | $125,000 | -52.8% | 0.0% |
| NBKC BANK | $245,000 | $125,000 | -49.0% | 0.0% |
| ROCKY MOUNTAIN LAW ENFORCEMENT FCU | $125,000 | n/a | 0.0% | |
| POWER | $995,000 | $120,000 | -87.9% | 0.0% |
| ENDEAVOR CAPITAL, LLC. | $115,000 | n/a | 0.0% | |
| HOMESIDE FINANCIAL, LLC | $495,000 | $115,000 | -76.8% | 0.0% |
| SOFI LENDING CORP. | $115,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $150,000 | $105,000 | -30.0% | 0.0% |
| BNC National Bank | $105,000 | n/a | 0.0% | |
| First Financial Bank | $105,000 | n/a | 0.0% | |
| LAND HOME FINANCIAL SERVICES, INC. | $710,000 | $105,000 | -85.2% | 0.0% |
| Fifth Third Bank | $125,000 | $95,000 | -24.0% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $2,920,000 | $85,000 | -97.1% | 0.0% |
| Manufacturers and Traders Trust Company | $85,000 | n/a | 0.0% | |
| DENVER COMMUNITY | $75,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $55,000 | n/a | 0.0% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $55,000 | n/a | 0.0% | |
| Red Rocks Credit Union | $45,000 | $45,000 | 0.0% | 0.0% |
| Citywide Banks | $35,000 | n/a | 0.0% | |
| Great Western Bank | $25,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $25,000 | $25,000 | 0.0% | 0.0% |
| DEPARTMENT OF THE INTERIOR FEDERAL CREDIT UNION | $15,000 | n/a | 0.0% |
Cañon City's top lender by overall market share is QUICKEN LOANS, LLC, with 8.5% market share. In second place, with 7.6%, is THE MORTGAGE COMPANY, having originated $43,060,000 in loans. In third place, with 6.3%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $35,670,000 in loans. In third place, with 4.9%, is Ent Credit Union, having originated $28,040,000 in loans. In third place, with 3.5%, is LOANDEPOT.COM, LLC, having originated $19,810,000 in loans.
Cañon City, CO Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 916 | $242,400,000 | $264,629 |
| Refi | 842 | $178,500,000 | $211,995 |
| Cash Out Refi | 615 | $129,585,000 | $210,707 |
| Other | 93 | $8,475,000 | $91,129 |
| Home Improvement | 89 | $8,595,000 | $96,573 |
Cañon City's most frequently cited loan purpose was Home Purchase, with 916 originations. The 2nd most popular reason was Refi, with 842 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 1,009 | $237,885,000 | $235,763 |
| 3-4% | 884 | $197,460,000 | $223,371 |
| <2.5% | 543 | $118,675,000 | $218,554 |
| 4-5% | 61 | $10,135,000 | $166,148 |
| 5-6% | 19 | $1,565,000 | $82,368 |
| Over 8% | 11 | $495,000 | $45,000 |
| 6-7% | 6 | $360,000 | $60,000 |
| 7-8% | 4 | $200,000 | $50,000 |
During 2021, Cañon City's most frequently originated rate bucket was 2.5-3%, with 1,009 originations.
Loan Sizing (Cañon City, CO MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,184 | $325,190,000 | $274,654 |
| $100k-200k | 865 | $132,515,000 | $153,197 |
| $100,000 or less | 320 | $16,230,000 | $50,719 |
| $400k-600k | 163 | $77,315,000 | $474,325 |
| $600k-1000k | 22 | $15,300,000 | $695,455 |
| $Over $1MM | 1 | $1,005,000 | $1,005,000 |
Cañon City's loan sizing saw the bucket of loans from $200k-400k with 1,184 originations, totaling $325,190,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 831 | $233,835,000 | $281,390 |
| 60-80% | 739 | $180,125,000 | $243,742 |
| 40-60% | 432 | $79,000,000 | $182,870 |
| 20-40% | 196 | $24,860,000 | $126,837 |
| Under 20% | 179 | $5,765,000 | $32,207 |
| Over 100% | 43 | $15,175,000 | $352,907 |
Cañon City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 831 originations, totaling $233,835,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Cañon City (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 | $289,950 (10.6%) | $389,436 (16.0%) | 0.00 | 201 |
| 2018-02-01 | $323,500 (27.1%) | $411,666 (24.4%) | 0.00 | 186 |
| 2018-03-01 | $299,000 (6.0%) | $370,509 (6.7%) | 0.00 | 193 |
| 2018-04-01 | $318,500 (14.2%) | $379,622 (4.0%) | 0.00 | 215 |
| 2018-05-01 | $322,000 (7.4%) | $428,422 (12.2%) | 0.00 | 244 |
| 2018-06-01 | $334,900 (11.8%) | $440,211 (20.1%) | 0.00 | 256 |
| 2018-07-01 | $324,900 (11.2%) | $432,966 (23.1%) | 0.00 | 264 |
| 2018-08-01 | $314,750 (5.3%) | $413,727 (11.8%) | 0.00 | 282 |
| 2018-09-01 | $309,900 (3.7%) | $405,022 (6.6%) | 0.00 | 301 |
| 2018-10-01 | $317,400 (-3.2%) | $405,041 (-1.1%) | 0.00 | 315 |
| 2018-11-01 | $321,400 (-0.3%) | $414,187 (4.7%) | 0.00 | 286 |
| 2018-12-01 | $314,900 (8.6%) | $414,827 (7.7%) | 0.00 | 257 |
| 2019-01-01 | $314,950 (8.6%) | $421,437 (8.2%) | 0.00 | 241 |
| 2019-02-01 | $326,339 (0.9%) | $417,207 (1.4%) | 0.00 | 228 |
| 2019-03-01 | $336,714 (12.6%) | $426,821 (15.2%) | 0.00 | 237 |
| 2019-04-01 | $338,714 (6.4%) | $438,071 (15.4%) | 0.00 | 258 |
| 2019-05-01 | $326,200 (1.3%) | $424,467 (-0.9%) | 0.00 | 270 |
| 2019-06-01 | $329,900 (-1.5%) | $432,543 (-1.7%) | 0.00 | 279 |
| 2019-07-01 | $329,900 (1.5%) | $432,631 (-0.1%) | 0.00 | 321 |
| 2019-08-01 | $334,186 (6.2%) | $441,661 (6.8%) | 0.00 | 331 |
| 2019-09-01 | $339,186 (9.5%) | $446,920 (10.3%) | 0.00 | 333 |
| 2019-10-01 | $329,900 (3.9%) | $440,326 (8.7%) | 0.00 | 331 |
| 2019-11-01 | $319,975 (-0.4%) | $431,828 (4.3%) | 0.00 | 304 |
| 2019-12-01 | $307,400 (-2.4%) | $428,976 (3.4%) | 0.00 | 298 |
| 2020-01-01 | $299,700 (-4.8%) | $426,961 (1.3%) | 0.00 | 278 |
| 2020-02-01 | $314,900 (-3.5%) | $441,156 (5.7%) | 0.00 | 264 |
| 2020-03-01 | $322,250 (-4.3%) | $459,423 (7.6%) | 0.00 | 268 |
| 2020-04-01 | $334,450 (-1.3%) | $467,564 (6.7%) | 0.00 | 250 |
| 2020-05-01 | $350,000 (7.3%) | $464,848 (9.5%) | 0.00 | 264 |
| 2020-06-01 | $359,479 (9.0%) | $486,900 (12.6%) | 0.00 | 244 |
| 2020-07-01 | $364,900 (10.6%) | $488,468 (12.9%) | 0.00 | 240 |
| 2020-08-01 | $369,900 (10.7%) | $508,487 (15.1%) | 0.00 | 228 |
| 2020-09-01 | $356,500 (5.1%) | $501,190 (12.1%) | 0.00 | 197 |
| 2020-10-01 | $359,000 (8.8%) | $490,072 (11.3%) | 0.00 | 180 |
| 2020-11-01 | $399,000 (24.7%) | $498,151 (15.4%) | 0.00 | 167 |
| 2020-12-01 | $360,000 (17.1%) | $473,463 (10.4%) | 0.00 | 161 |
| 2021-01-01 | $349,900 (16.8%) | $465,759 (9.1%) | 0.00 | 131 |
| 2021-02-01 | $329,900 (4.8%) | $448,294 (1.6%) | 0.00 | 122 |
| 2021-03-01 | $371,950 (15.4%) | $451,748 (-1.7%) | 0.00 | 95 |
| 2021-04-01 | $392,500 (17.4%) | $467,470 (0.0%) | 0.00 | 87 |
| 2021-05-01 | $435,000 (24.3%) | $525,547 (13.1%) | 0.00 | 83 |
| 2021-06-01 | $413,400 (15.0%) | $604,849 (24.2%) | 0.00 | 115 |
| 2021-07-01 | $400,000 (9.6%) | $619,463 (26.8%) | 0.00 | 118 |
| 2021-08-01 | $399,950 (8.1%) | $579,333 (13.9%) | 0.00 | 145 |
| 2021-09-01 | $394,150 (10.6%) | $532,138 (6.2%) | 0.00 | 192 |
| 2021-10-01 | $384,000 (7.0%) | $521,166 (6.3%) | 0.00 | 183 |
| 2021-11-01 | $387,450 (-2.9%) | $567,166 (13.9%) | 0.00 | 150 |
| 2021-12-01 | $397,250 (10.4%) | $611,096 (29.1%) | 0.00 | 135 |
| 2022-01-01 | $429,000 (22.6%) | $639,697 (37.4%) | 0.00 | 135 |
| 2022-02-01 | $425,000 (28.8%) | $672,217 (50.0%) | 0.00 | 120 |
| 2022-03-01 | $457,000 (22.9%) | $698,253 (54.6%) | 0.00 | 110 |
| 2022-04-01 | $425,000 (8.3%) | $643,775 (37.7%) | 0.00 | 134 |
| 2022-05-01 | $415,000 (-4.6%) | $592,794 (12.8%) | 0.00 | 177 |
Cañon City's median listing price for 2022-05-01 was $415,000, a difference of
$-20,000
(-4.6%) versus the prior year and
$-10,000 versus the prior month.
Cañon City's median listing price comes in at 0% of the national average.
Cañon City's average listing price for 2022-05-01 was $592,794, a difference of $67,247 (12.8%) versus the prior year and $-50,981 versus the prior month.
For the 2022-05-01 period, Cañon City had 177 MLS listings, a difference of 43 listings (32%) versus the prior month and 94 listings (113%) versus the prior year.
Cañon City's median listing price comes in at 0% of the national average.
Cañon City's average listing price for 2022-05-01 was $592,794, a difference of $67,247 (12.8%) versus the prior year and $-50,981 versus the prior month.
For the 2022-05-01 period, Cañon City had 177 MLS listings, a difference of 43 listings (32%) versus the prior month and 94 listings (113%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Cañon City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 2,093 sqft |
| 2018-02-01 | 0 days | 2,118 sqft |
| 2018-03-01 | 0 days | 2,100 sqft |
| 2018-04-01 | 0 days | 2,240 sqft |
| 2018-05-01 | 0 days | 2,208 sqft |
| 2018-06-01 | 0 days | 2,184 sqft |
| 2018-07-01 | 0 days | 2,165 sqft |
| 2018-08-01 | 0 days | 2,060 sqft |
| 2018-09-01 | 0 days | 1,953 sqft |
| 2018-10-01 | 0 days | 2,018 sqft |
| 2018-11-01 | 0 days | 2,048 sqft |
| 2018-12-01 | 0 days | 1,936 sqft |
| 2019-01-01 | 0 days | 1,968 sqft |
| 2019-02-01 | 0 days | 2,137 sqft |
| 2019-03-01 | 0 days | 2,141 sqft |
| 2019-04-01 | 0 days | 2,116 sqft |
| 2019-05-01 | 0 days | 1,920 sqft |
| 2019-06-01 | 0 days | 1,976 sqft |
| 2019-07-01 | 0 days | 2,030 sqft |
| 2019-08-01 | 0 days | 2,127 sqft |
| 2019-09-01 | 0 days | 2,108 sqft |
| 2019-10-01 | 0 days | 2,017 sqft |
| 2019-11-01 | 0 days | 1,889 sqft |
| 2019-12-01 | 0 days | 1,882 sqft |
| 2020-01-01 | 0 days | 1,831 sqft |
| 2020-02-01 | 0 days | 1,825 sqft |
| 2020-03-01 | 0 days | 1,863 sqft |
| 2020-04-01 | 0 days | 1,973 sqft |
| 2020-05-01 | 0 days | 2,052 sqft |
| 2020-06-01 | 0 days | 2,087 sqft |
| 2020-07-01 | 0 days | 2,140 sqft |
| 2020-08-01 | 0 days | 2,056 sqft |
| 2020-09-01 | 0 days | 1,913 sqft |
| 2020-10-01 | 0 days | 1,968 sqft |
| 2020-11-01 | 0 days | 2,148 sqft |
| 2020-12-01 | 0 days | 1,971 sqft |
| 2021-01-01 | 0 days | 1,782 sqft |
| 2021-02-01 | 0 days | 1,688 sqft |
| 2021-03-01 | 0 days | 1,844 sqft |
| 2021-04-01 | 0 days | 1,764 sqft |
| 2021-05-01 | 0 days | 1,890 sqft |
| 2021-06-01 | 0 days | 1,996 sqft |
| 2021-07-01 | 0 days | 1,962 sqft |
| 2021-08-01 | 0 days | 1,883 sqft |
| 2021-09-01 | 0 days | 1,860 sqft |
| 2021-10-01 | 0 days | 1,860 sqft |
| 2021-11-01 | 0 days | 1,860 sqft |
| 2021-12-01 | 0 days | 1,827 sqft |
| 2022-01-01 | 0 days | 1,886 sqft |
| 2022-02-01 | 0 days | 1,970 sqft |
| 2022-03-01 | 0 days | 1,945 sqft |
| 2022-04-01 | 0 days | 1,976 sqft |
| 2022-05-01 | 0 days | 1,855 sqft |
Cañon City's median listing age (time on market) for 2022-05-01 was 0 days.
Cañon City's median square footage for active listings during the 2022-05-01 period was 1,855 sqft. One year prior, the average listing was 1,890 sqft.
Cañon City's median square footage for active listings during the 2022-05-01 period was 1,855 sqft. One year prior, the average listing was 1,890 sqft.
