Carlsbad - Artesia Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Carlsbad - Artesia averaged 6.72% for the week of 2025-04-03, compared to the national average of 6.64% for the same period.

The average rate for the prior week (2025-03-27) was 6.73% and one month ago for the week of 2025-02-27, the average rate was 6.94%.

Carlsbad - Artesia's average rate one year ago was 7.07%.

For refis of the same type during the week of 2025-04-03, the average rate was 6.54%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-04-03 6.64%
Carlsbad - Artesia 30 Year Fixed Rate 2025-04-03 6.72%
Carlsbad - Artesia 30 Year Fixed Rate Refi 2025-04-03 6.54%
Carlsbad - Artesia 15 Year Fixed Rate 2025-04-03 5.82%
Carlsbad - Artesia 15 Year Fixed Rate Refi 2025-04-03 6.12%
Carlsbad - Artesia 30 Year FHA 2025-04-03 6.43%
Carlsbad - Artesia 30 Year FHA Refi 2025-04-03 6.46%
Carlsbad - Artesia 30 Year USDA 2025-04-03 6.12%
Carlsbad - Artesia 30 Year USDA Refi 2025-04-03 6.12%
Carlsbad - Artesia 30 Year VA 2025-04-03 6.26%
Carlsbad - Artesia 30 Year VA Refi 2025-04-03 5.96%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Carlsbad-Artesia, NM.

Carlsbad - Artesia 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 Carlsbad-Artesia, NM 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
QUICKEN LOANS, LLC 65 6.71% $6,813
GUILD MORTGAGE COMPANY 18 7.02% $7,380
First American Bank 13 6.94% $3,048
PREMIA MORTGAGE, LLC 10 6.65% $2,796
Wells Fargo Bank 9 6.83% $5,071
LOANDEPOT.COM, LLC 6 6.98% $8,468
UNITED WHOLESALE MORTGAGE, LLC 6 7.56% $8,013
CHEVRON 6 6.13% $1,089
21ST MORTGAGE CORPORATION 5 8.57% $6,525
Goldwater Bank, N.A. 5 7.23% $3,913
U.S. Bank 5 6.55% $4,879
JPMorgan Chase Bank 5 6.78% $5,828
SUN AMERICAN MORTGAGE COMPANY 4 7.09% $4,019
GENEVA FINANCIAL, LLC 4 6.81% $8,950
Sierra Pacific Mortgage Company, Inc. 4 7.09% $7,982
Prosperity Home Mortgage, LLC 4 7.69% $7,273
Mr. Cooper ( Nationstar Mortgage ) 3 7.25% $7,847
ZILLOW HOME LOANS, LLC 3 6.83% $3,603
PRIMARY RESIDENTIAL MORTGAGE, INC. 3 6.54% $5,503
GUARANTEED RATE AFFINITY, LLC 3 6.58% $584
PNC Bank 3 7.00% $5,203
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.58% $4,242
SOUTHWEST FUNDING, LP 3 7.38% $7,767
BROKER SOLUTIONS, INC. 3 7.41% $4,803
LOANPAL, LLC 2 6.88% $5,587
AMERICAN FINANCIAL NETWORK, INC. 2 6.88% $4,591
American Mortgage & Equity Consultants, Inc. 2 6.50% $5,177
Bank of America 2 7.25% $6,042
BOKF 2 7.13% $4,120
Century Mortgage Company DBA Century Lending Company 2 6.43% $5,478
CROSSCOUNTRY MORTGAGE, LLC 2 7.00% $8,198
Flagstar Bank, FSB 2 7.05% $3,843
Gateway First Bank 2 7.06% $5,467
MICHIGAN MUTUAL, INC. 2 7.13% $14,587
Mortgage Research Center, LLC 2 7.25% $8,223
MOVEMENT MORTGAGE, LLC 2 6.97% $4,741
NAVY FEDERAL CREDIT UNION 2 6.88% $3,976
Pioneer Bank 2 8.07% $11,880
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 7.13% $4,091
SECURITYNATIONAL MORTGAGE COMPANY 2 6.88% $6,901
AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 7.13% $8,730
FREEDOM MORTGAGE CORPORATION 1 8.50% $3,987
VANDERBILT MORTGAGE AND FINANCE, INC. 1 8.50% $12,096
Network Funding, L.P. 1 6.38% $9,397
NUSENDA 1 6.63% $3,944
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 8.13% $1,850
Paramount Residential Mortgage Group, Inc. 1 6.63% $10,634
PENNYMAC LOAN SERVICES, LLC 1 7.63% $4,484
Waterstone Mortgage Corporation 1 6.99% $6,154
PLANET HOME LENDING, LLC 1 7.13% $5,886
EASTMAN 1 6.63% $4,289
DIRECTORS MORTGAGE, INC. 1 6.75% $7,318
DEEPHAVEN MORTGAGE LLC 1 7.50% $11,263
AMERICAN FINANCING CORPORATION 1 6.99% $2,861
CMG MORTGAGE, INC. 1 5.99% $13,529
Citadel Servicing Corporation 1 8.75% $7,791
RBC Bank, (Georgia) 1 6.13% $2,497
Ally Bank 1 7.50% $2,308
CHURCHILL MORTGAGE CORPORATION 1 7.63% $5,687
SIRVA MORTGAGE, INC. 1 5.63% $6,241
Ameris Bank 1 6.38% $7,015
AMERISAVE MORTGAGE CORPORATION 1 6.99% $6,130
T2 FINANCIAL LLC 1 7.00% $3,617
Texana Bank 1 7.38% $6,630
The Loan Store, Inc. 1 7.13% $9,273
The Park National Bank 1 7.38% $4,340
INTERCAP LENDING INC. 1 6.63% $4,575
LAKEVIEW LOAN SERVICING, LLC 1 7.53% $6,047
HOMEXPRESS MORTGAGE CORP. 1 8.13% $13,682
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.63% $5,040
AmeriHome Mortgage Company, LLC 1 7.38% $6,630
MORTGAGE ACCESS CORP. 1 7.49% $4,045
USAA Federal Savings Bank 1 6.13% $7,813

Carlsbad - Artesia Average Closing Costs & Other Stats

Carlsbad-Artesia, NM's 73 lenders originated 968 loans during 2024. The total origination value was $224,660,000, with an average loan value of $232,087.

Carlsbad - Artesia's average closing costs are $6,274.

The top Carlsbad - Artesia lender as defined by loan originations is QUICKEN LOANS, LLC, with 65 loans originated. Their average total fees are $6,813, which is $568 lower than the next largest lender, GUILD MORTGAGE COMPANY.

The lowest fee Carlsbad - Artesia lenders (with over 10 loans originated) are PREMIA MORTGAGE, LLC ($2,796), First American Bank ($3,048), QUICKEN LOANS, LLC ($6,813), GUILD MORTGAGE COMPANY ($7,380) and .

The lowest rate Carlsbad - Artesia lenders (with over 10 loans originated) are PREMIA MORTGAGE, LLC (6.65%), QUICKEN LOANS, LLC (6.71%), First American Bank (6.94%), GUILD MORTGAGE COMPANY (7.02%) and .

Carlsbad-Artesia, NM 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
QUICKEN LOANS, LLC $20,840,000 $30,320,000 45.5% 13.5%
GUILD MORTGAGE COMPANY $7,635,000 $25,895,000 239.2% 11.5%
Western Commerce Bank $14,425,000 $14,730,000 2.1% 6.6%
Mortgage Research Center, LLC $4,805,000 $9,380,000 95.2% 4.2%
UNITED WHOLESALE MORTGAGE, LLC $4,880,000 $9,345,000 91.5% 4.2%
First American Bank $10,065,000 $8,215,000 -18.4% 3.7%
Arbor Realty Trust, Inc. $6,680,000 n/a 3.0%
Prosperity Home Mortgage, LLC $5,425,000 $6,060,000 11.7% 2.7%
21ST MORTGAGE CORPORATION $3,885,000 $5,970,000 53.7% 2.7%
Goldwater Bank, N.A. $3,680,000 $5,080,000 38.0% 2.3%
PREMIA MORTGAGE, LLC $2,005,000 $4,910,000 144.9% 2.2%
GENEVA FINANCIAL, LLC $5,755,000 $4,365,000 -24.2% 1.9%
PENNYMAC LOAN SERVICES, LLC $545,000 $4,040,000 641.3% 1.8%
PRIMARY RESIDENTIAL MORTGAGE, INC. $4,540,000 $3,870,000 -14.8% 1.7%
Wells Fargo Bank $3,905,000 $3,445,000 -11.8% 1.5%
SECURITYNATIONAL MORTGAGE COMPANY $1,645,000 $3,130,000 90.3% 1.4%
BROKER SOLUTIONS, INC. $1,810,000 $2,965,000 63.8% 1.3%
LOANDEPOT.COM, LLC $3,125,000 $2,480,000 -20.6% 1.1%
CMG MORTGAGE, INC. $3,970,000 $2,445,000 -38.4% 1.1%
Sierra Pacific Mortgage Company, Inc. $570,000 $2,360,000 314.0% 1.1%
SUN AMERICAN MORTGAGE COMPANY $1,050,000 $2,345,000 123.3% 1.0%
CHEVRON $2,045,000 n/a 0.9%
DIRECTORS MORTGAGE, INC. $145,000 $2,005,000 1,282.8% 0.9%
FREEDOM MORTGAGE CORPORATION $1,880,000 n/a 0.8%
GUARANTEED RATE AFFINITY, LLC $2,730,000 $1,770,000 -35.2% 0.8%
JPMorgan Chase Bank $1,600,000 $1,740,000 8.8% 0.8%
First New Mexico Bank, Las Cruces $1,725,000 n/a 0.8%
AMERICAN PACIFIC MORTGAGE CORPORATION $2,630,000 $1,660,000 -36.9% 0.7%
VANDERBILT MORTGAGE AND FINANCE, INC. $965,000 $1,570,000 62.7% 0.7%
SOUTHWEST FUNDING, LP $1,555,000 n/a 0.7%
Mr. Cooper ( Nationstar Mortgage ) $1,300,000 $1,505,000 15.8% 0.7%
Pioneer Bank $235,000 $1,460,000 521.3% 0.6%
Gateway First Bank $1,165,000 $1,440,000 23.6% 0.6%
AmeriHome Mortgage Company, LLC $1,330,000 n/a 0.6%
PLANET HOME LENDING, LLC $275,000 $1,310,000 376.4% 0.6%
ZILLOW HOME LOANS, LLC $1,230,000 $1,305,000 6.1% 0.6%
U.S. Bank $2,530,000 $1,265,000 -50.0% 0.6%
AMERICAN FINANCIAL NETWORK, INC. $455,000 $1,230,000 170.3% 0.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $660,000 $1,195,000 81.1% 0.5%
VILLAGE CAPITAL MORTGAGE $1,115,000 n/a 0.5%
Waterstone Mortgage Corporation $1,550,000 $1,075,000 -30.6% 0.5%
NAVY FEDERAL CREDIT UNION $2,575,000 $1,070,000 -58.4% 0.5%
American Mortgage & Equity Consultants, Inc. $1,065,000 n/a 0.5%
LAKEVIEW LOAN SERVICING, LLC $1,060,000 n/a 0.5%
CROSSCOUNTRY MORTGAGE, LLC $375,000 $1,025,000 173.3% 0.5%
USAA Federal Savings Bank $2,415,000 $935,000 -61.3% 0.4%
INTERCAP LENDING INC. $910,000 n/a 0.4%
MORTGAGE SOLUTIONS OF COLORADO, LLC $395,000 $865,000 119.0% 0.4%
WILLOW BEND MORTGAGE COMPANY, LLC $865,000 n/a 0.4%
NUSENDA $840,000 n/a 0.4%
Century Mortgage Company DBA Century Lending Company $515,000 $830,000 61.2% 0.4%
SOUTHWEST STAGE FUNDING, LLC $520,000 $830,000 59.6% 0.4%
PNC Bank $960,000 $810,000 -15.6% 0.4%
MICHIGAN MUTUAL, INC. $305,000 $790,000 159.0% 0.4%
Paramount Residential Mortgage Group, Inc. $1,425,000 $785,000 -44.9% 0.3%
Bank of America $140,000 $780,000 457.1% 0.3%
Loan Simple, Inc. $325,000 $770,000 136.9% 0.3%
T2 FINANCIAL LLC $350,000 $770,000 120.0% 0.3%
SANDIA AREA $765,000 n/a 0.3%
LOANPAL, LLC $250,000 $745,000 198.0% 0.3%
PENTAGON FEDERAL CREDIT UNION $65,000 $690,000 961.5% 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,155,000 $595,000 -48.5% 0.3%
Carrington Mortgage Services, LLC $540,000 n/a 0.2%
LIMA ONE CAPITAL, LLC $525,000 n/a 0.2%
HOMEXPRESS MORTGAGE CORP. $505,000 n/a 0.2%
Northpointe Bank $505,000 n/a 0.2%
CALCON MUTUAL MORTGAGE LLC $495,000 n/a 0.2%
RBC Bank, (Georgia) $360,000 $445,000 23.6% 0.2%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $425,000 n/a 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $420,000 n/a 0.2%
Plains Commerce Bank $470,000 $420,000 -10.6% 0.2%
AMERISAVE MORTGAGE CORPORATION $1,385,000 $395,000 -71.5% 0.2%
BOKF $45,000 $395,000 777.8% 0.2%
NEW DAY FINANCIAL, LLC $390,000 n/a 0.2%
MID AMERICA MORTGAGE, INC. $885,000 $375,000 -57.6% 0.2%
MOVEMENT MORTGAGE, LLC $370,000 n/a 0.2%
Bank of Colorado $365,000 n/a 0.2%
Citadel Servicing Corporation $365,000 n/a 0.2%
Network Funding, L.P. $355,000 n/a 0.2%
FIRST COMMUNITY MORTGAGE, INC. $195,000 $345,000 76.9% 0.2%
Commerce Home Mortgage, Inc. $400,000 $340,000 -15.0% 0.2%
NEWREZ LLC $205,000 $335,000 63.4% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $325,000 n/a 0.1%
Cache Valley Bank $325,000 n/a 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $55,000 $320,000 481.8% 0.1%
NBKC BANK $530,000 $315,000 -40.6% 0.1%
Flagstar Bank, FSB $310,000 n/a 0.1%
Ameris Bank $305,000 n/a 0.1%
First Savings Bank $305,000 n/a 0.1%
EASTMAN $295,000 n/a 0.1%
COUNTRYPLACE MORTGAGE, LTD. $475,000 $290,000 -38.9% 0.1%
MORTGAGE ACCESS CORP. $275,000 n/a 0.1%
Truist $275,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $255,000 $265,000 3.9% 0.1%
DEEPHAVEN MORTGAGE LLC $265,000 n/a 0.1%
LRS FINANCIAL NETWORK, INC. $265,000 n/a 0.1%
Magnolia Bank $265,000 n/a 0.1%
SIRVA MORTGAGE, INC. $265,000 n/a 0.1%
Texana Bank $265,000 n/a 0.1%
The Loan Store, Inc. $265,000 n/a 0.1%
Town Square Mortgage & Investments, Inc. $470,000 $265,000 -43.6% 0.1%
GUARANTEED RATE, INC. $1,075,000 $250,000 -76.7% 0.1%
Ally Bank $215,000 n/a 0.1%
Bethpage Federal Credit Union $210,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $155,000 $205,000 32.3% 0.1%
The Park National Bank $195,000 n/a 0.1%
NOVA FINANCIAL & INVESTMENT CORPORATION $185,000 n/a 0.1%
CLEARPATH LENDING $175,000 n/a 0.1%
Discover Bank $205,000 $175,000 -14.6% 0.1%
EVOLVE $135,000 n/a 0.1%
PACIFIC RESIDENTIAL MORTGAGE, LLC $135,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $135,000 n/a 0.1%
CARDINAL FINANCIAL $125,000 n/a 0.1%
Sunflower Bank $115,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $115,000 n/a 0.1%
Figure Lending LLC $135,000 $110,000 -18.5% 0.0%
First National Bank of America $105,000 n/a 0.0%
GECU $105,000 n/a 0.0%
AMERICAN FINANCING CORPORATION $95,000 n/a 0.0%
U.S. EAGLE $75,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $310,000 $55,000 -82.3% 0.0%
ROYAL UNITED MORTGAGE LLC $200,000 $55,000 -72.5% 0.0%
SANDIA LABORATORY $190,000 $35,000 -81.6% 0.0%
Coastal Community Bank $60,000 $5,000 -91.7% 0.0%

Carlsbad - Artesia's top lender by overall market share is QUICKEN LOANS, LLC, with 13.5% market share. In second place, with 11.5%, is GUILD MORTGAGE COMPANY, having originated $25,895,000 in loans. In third place, with 6.6%, is Western Commerce Bank, having originated $14,730,000 in loans. In fourth place, with 4.2%, is Mortgage Research Center, LLC, having originated $9,380,000 in loans. In fifth place, with 4.2%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $9,345,000 in loans.

Carlsbad-Artesia, NM Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 749 $179,195,000 $239,246
Cash Out Refi 107 $17,125,000 $160,047
Refi 80 $25,770,000 $322,125
Other 19 $1,555,000 $81,842
Home Improvement 13 $1,015,000 $78,077

Carlsbad - Artesia's most frequently cited loan purpose was Home Purchase, with 749 originations. The 2nd most popular reason was Cash Out Refi, with 107 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 401 $106,205,000 $264,850
7-8% 214 $46,710,000 $218,271
Over 8% 150 $19,140,000 $127,600
5-6% 117 $33,255,000 $284,231
<2.5% 18 $260,000 $14,444
4-5% 5 $1,145,000 $229,000
3-4% 3 $635,000 $211,667

During 2024, Carlsbad - Artesia's most frequently originated rate bucket was 6-7%, with 401 originations.

Loan Sizing (Carlsbad-Artesia, NM MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 480 $139,330,000 $290,271
$100k-200k 244 $38,120,000 $156,230
$100,000 or less 180 $7,730,000 $42,944
$400k-600k 53 $24,555,000 $463,302
$600k-1000k 7 $5,025,000 $717,857
$Over $1MM 4 $9,900,000 $2,475,000

Carlsbad - Artesia's loan sizing saw the bucket of loans from $200k-400k with 480 originations, totaling $139,330,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 563 $154,825,000 $275,000
60-80% 130 $27,230,000 $209,462
Under 20% 105 $2,405,000 $22,905
40-60% 44 $8,850,000 $201,136
20-40% 28 $3,360,000 $120,000
Over 100% 13 $3,535,000 $271,923

Carlsbad - Artesia's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 563 originations, totaling $154,825,000 in origination value.