Carlsbad - Artesia Mortgage Rates & Closing Costs
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% |
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.).
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.