Cedar City Mortgage Rates

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

30 Year Fixed Rate mortgages in Cedar City averaged 6.18% 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 6.15% and one month ago for the week of 2022-05-19, the average rate was 5.62%.

Cedar City's average rate one year ago was 2.98%.

For refis of the same type during the week of 2022-06-23, the average rate was 5.98%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Cedar City 30 Year Fixed Rate 2022-06-23 6.18%
Cedar City 30 Year Fixed Rate Refi 2022-06-23 5.98%
Cedar City 15 Year Fixed Rate 2022-06-23 5.28%
Cedar City 15 Year Fixed Rate Refi 2022-06-23 4.96%
Cedar City 30 Year FHA 2022-06-23 0.01%
Cedar City 30 Year FHA Refi 2022-06-23 0.25%
Cedar City 30 Year USDA 2022-06-23 -0.31%
Cedar City 30 Year USDA Refi 2022-06-23 -0.4%
Cedar City 30 Year VA 2022-06-23 0.3%
Cedar City 30 Year VA Refi 2022-06-23 -0.25%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Cedar City, UT.

Cedar 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 Cedar City, UT 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 222 3.29% $4,774
State Bank of Southern Utah 215 3.13% $3,148
AMERICAN FINANCIAL NETWORK, INC. 145 3.02% $6,045
ACADEMY MORTGAGE CORPORATION 136 3.19% $4,365
UNITED WHOLESALE MORTGAGE, LLC 134 2.96% $4,130
QUICKEN LOANS, LLC 131 3.07% $4,589
INTERCAP LENDING INC. 124 3.25% $4,430
MOUNTAIN AMERICA 95 3.00% $5,256
SUN AMERICAN MORTGAGE COMPANY 89 3.35% $4,434
BROKER SOLUTIONS, INC. 76 3.31% $4,557
FIRST COLONY MORTGAGE CORPORATION 60 3.20% $4,377
HOME POINT FINANCIAL CORPORATION 37 2.99% $3,783
LOANDEPOT.COM, LLC 29 3.06% $4,381
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 28 3.15% $4,179
Wells Fargo Bank 26 3.03% $3,162
GUILD MORTGAGE COMPANY 22 3.14% $7,421
PENNYMAC LOAN SERVICES, LLC 22 3.08% $4,909
CALIBER HOME LOANS, INC. 21 3.34% $3,715
Zions Bancorporation, N.A. 19 3.11% $2,448
AMERISAVE MORTGAGE CORPORATION 18 2.91% $4,058
CANOPY MORTGAGE, LLC 17 3.00% $3,503
PRIMARY RESIDENTIAL MORTGAGE, INC. 16 3.12% $6,226
AMERICA FIRST 16 3.01% $4,839
PROVIDENT FUNDING ASSOCIATES, L.P. 15 2.68% $3,785
SECURITYNATIONAL MORTGAGE COMPANY 15 3.34% $4,201
BAY EQUITY LLC 14 3.15% $5,735
CMG MORTGAGE, INC. 13 3.09% $3,722
Mr. Cooper ( Nationstar Mortgage ) 12 3.19% $5,313
BETTER MORTGAGE CORPORATION 11 2.82% $2,742
CHERRY CREEK MORTGAGE, LLC 10 3.16% $940
AMERICAN PACIFIC MORTGAGE CORPORATION 10 3.27% $4,985
Flagstar Bank, FSB 9 3.24% $3,723
RANLIFE, INC. 9 3.29% $3,809
CROSSCOUNTRY MORTGAGE, LLC 9 2.98% $5,044
U.S. Bank 9 3.07% $2,751
CELEBRITY HOME LOANS, LLC 9 3.12% $4,200
AMERICAN FINANCING CORPORATION 8 3.17% $3,568
STEARNS LENDING, LLC 8 2.90% $4,323
GOLDENWEST 8 2.97% $3,228
LOANPAL, LLC 7 3.20% $5,855
JPMorgan Chase Bank 7 3.02% $2,828
FINANCE OF AMERICA MORTGAGE LLC 7 3.27% $6,356
BELEM SERVICING LLC 7 3.39% $4,822
VERITAS FUNDING, LLC 6 3.42% $5,095
Blue Ridge Bank 6 3.04% $3,005
Bank of America 6 2.85% $4,839
DIRECT MORTGAGE, CORP. 6 3.27% $6,644
FREEDOM MORTGAGE CORPORATION 6 3.17% $1,892
NEWREZ LLC 6 3.02% $4,481
CYPRUS Federal Credit Union 5 2.87% $3,997
UTAH COMMUNITY 5 3.28% $3,558
Cache Valley Bank 5 2.98% $3,018
NAVY FEDERAL CREDIT UNION 5 3.25% $3,874
GUARANTEED RATE, INC. 5 3.53% $3,964
Utah Power 4 2.75% $4,862
CITYWIDE HOME LOANS, LLC 4 3.28% $4,033
SECURITY HOME MORTGAGE, LLC. 4 3.13% $6,320
Hometown Lenders, Inc. 4 3.56% $8,317
Bank of Utah 4 2.91% $5,137
Network Funding, L.P. 3 3.00% $2,600
AMERICAN INTERNET MORTGAGE, INC. 3 2.79% $3,774
MOVEMENT MORTGAGE, LLC 3 3.06% $3,308
GENEVA FINANCIAL, LLC 3 3.38% $5,623
Glacier Bank 3 3.00% $6,612
Mortgage Research Center, LLC 3 2.71% $5,599
GUARANTY HOME MORTGAGE CORPORATION 3 2.92% $4,401
HOMESIDE FINANCIAL, LLC 3 3.29% $4,801
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 2.88% $5,845
Watermark Capital, Inc. 3 3.04% $3,388
AXIA FINANCIAL, LLC 3 3.50% $4,721
Wyndham Capital Mortgage, Inc. 3 2.96% $2,409
PNC Bank 3 3.00% $5,039
Utah Mortgage Loan Corporation 3 3.00% $3,822
S1L, Inc. 2 3.43% $5,589
Chicago Mortgage Solutions LLC 2 3.38% $2,618
Evolve Bank & Trust 2 4.06% $1,695
FirstBank 2 2.81% $1,559
First Guaranty Mortgage Corporation 2 3.19% $6,532
KeyBank 2 2.88% $3,199
MORIA DEVELOPMENT, INC. 2 3.56% $5,389
NBKC BANK 2 3.00% $2,184
Plains Commerce Bank 2 2.88% $7,250
Sierra Pacific Mortgage Company, Inc. 2 2.94% $3,159
SOVEREIGN LENDING GROUP INCORPORATED 2 2.81% $5,276
SRE MORTGAGE ALLIANCE INC. 2 3.25% $3,373
SWBC MORTGAGE CORPORATION 2 3.25% $4,344
The Federal Savings Bank 2 3.19% $8,438
ALL WESTERN MORTGAGE, INC. 2 3.31% $3,849
CHURCHILL MORTGAGE CORPORATION 1 3.13% $4,634
MORTGAGE MANAGEMENT CONSULTANTS, INC. 1 3.25% $5,272
GoPrime Mortgage, Inc. 1 2.88% $9,615
Bank of Idaho 1 2.88% $5,608
Gateway First Bank 1 3.00% $6,333
Gate City Bank 1 3.00% $4,708
MY MOVE MORTGAGE, LLC 1 2.50% $8,102
Nations Lending Corporation 1 3.38% $5,144
Florida Capital Bank 1 2.63% $3,054
NBH Bank 1 2.63% $6,496
CHARTWAY FEDERAL CREDIT UNION 1 3.50% $3,311
Flanagan State Bank 1 3.00% $3,497
FIRST TECHNOLOGY 1 3.00% $2,915
North American Savings Bank, F.S.B. 1 2.88% $1,364
Northpointe Bank 1 3.50% $3,063
NOVA FINANCIAL & INVESTMENT CORPORATION 1 3.13% $4,151
Paramount Residential Mortgage Group, Inc. 1 3.50% $5,794
Bank of England 1 3.38% $8,019
PHH Mortgage Corporation 1 2.88% $9,153
Cf Bank 1 2.87% $1,608
First Home Bank 1 2.75% $8,069
First Federal Bank 1 3.25% $4,692
BLUE BRICK FINANCIAL LLC 1 3.13% $1,564
Fifth Third Bank 1 2.99% $2,786
Arvest Bank 1 2.75% $2,436
EMBRACE HOME LOANS, INC. 1 3.25% $4,006
DRAPER AND KRAMER MORTGAGE CORP. 1 2.88% $2,814
DIGNIFIED HOME LOANS, LLC 1 3.63% $7,379
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 6.38% $6,477
SECURITY SERVICE 1 2.75% $5,689
V.I.P. MORTGAGE, INC. 1 3.38% $3,183
Century Mortgage Company DBA Century Lending Company 1 2.99% $4,467
Waterstone Mortgage Corporation 1 3.00% $3,300
DHI MORTGAGE COMPANY, LTD. 1 3.25% $3,146
Deseret First Credit Union 1 2.99% $5,718
Columbia State Bank 1 3.38% $4,060
AMCAP MORTGAGE, LTD. 1 2.50% $2,410
TCF National Bank 1 3.13% $4,017
BNC National Bank 1 3.63% $10,290
The Loan Store, Inc. 1 2.88% $2,542
Truist Bank 1 2.99% $2,321
Umpqua Bank 1 2.88% $6,208
UNITED SECURITY FINANCIAL CORP 1 2.88% $4,101
COLUMBIA COMMUNITY CREDIT UNION 1 3.13% $3,586
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 3.88% $2,739
Baxter Credit Union 1 3.25% $2,130
KELLER MORTGAGE, LLC 1 3.38% $5,656
Citizens Bank 1 3.00% $2,896
KS StateBank 1 2.75% $3,390
LAKEVIEW LOAN SERVICING, LLC 1 3.75% $2,134
LENOX FINANCIAL MORTGAGE CORPORATION 1 2.88% $1,729
HOMESTEAD FUNDING CORP. 1 2.38% $4,632
HAMILTON HOME LOANS, INC. 1 3.38% $3,170
Magnolia Bank 1 2.99% $5,530
MID AMERICA MORTGAGE, INC. 1 3.38% $6,132

Cedar City, UT's 143 lenders originated 3,974 loans during 2021. The total origination value was $973,750,000, with an average loan value of $245,030.

The top Cedar City lender as defined by loan originations is CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP, with 222 loans originated. Their average total fees are $4,774, which is $1,626 higher than the next largest lender, State Bank of Southern Utah.

The lowest fee Cedar City lenders (with over 10 loans originated) are CHERRY CREEK MORTGAGE, LLC ($940), Zions Bancorporation, N.A. ($2,448), BETTER MORTGAGE CORPORATION ($2,742), State Bank of Southern Utah ($3,148) and Wells Fargo Bank ($3,162).

The lowest rate Cedar City lenders (with over 10 loans originated) are PROVIDENT FUNDING ASSOCIATES, L.P. (2.68%), BETTER MORTGAGE CORPORATION (2.82%), AMERISAVE MORTGAGE CORPORATION (2.91%), UNITED WHOLESALE MORTGAGE, LLC (2.96%) and HOME POINT FINANCIAL CORPORATION (2.99%).

Cedar City, UT 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
State Bank of Southern Utah $86,875,000 $89,090,000 2.5% 9.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $76,080,000 $85,625,000 12.5% 8.8%
MOUNTAIN AMERICA $57,720,000 $62,035,000 7.5% 6.4%
UNITED WHOLESALE MORTGAGE, LLC $37,815,000 $61,990,000 63.9% 6.4%
INTERCAP LENDING INC. $48,885,000 $57,395,000 17.4% 5.9%
AMERICAN FINANCIAL NETWORK, INC. $74,820,000 $55,405,000 -25.9% 5.7%
QUICKEN LOANS, LLC $42,580,000 $52,100,000 22.4% 5.4%
ACADEMY MORTGAGE CORPORATION $49,050,000 $51,180,000 4.3% 5.3%
BROKER SOLUTIONS, INC. $39,200,000 $35,570,000 -9.3% 3.7%
SUN AMERICAN MORTGAGE COMPANY $29,275,000 $28,765,000 -1.7% 3.0%
FIRST COLONY MORTGAGE CORPORATION $18,295,000 $20,250,000 10.7% 2.1%
PENNYMAC LOAN SERVICES, LLC $10,305,000 $19,610,000 90.3% 2.0%
Zions Bancorporation, N.A. $17,350,000 $18,975,000 9.4% 1.9%
HOME POINT FINANCIAL CORPORATION $9,795,000 $16,230,000 65.7% 1.7%
FREEDOM MORTGAGE CORPORATION $16,215,000 $14,660,000 -9.6% 1.5%
LOANDEPOT.COM, LLC $5,555,000 $11,955,000 115.2% 1.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,670,000 $11,610,000 148.6% 1.2%
Wells Fargo Bank $10,585,000 $11,585,000 9.4% 1.2%
GUILD MORTGAGE COMPANY $15,565,000 $11,285,000 -27.5% 1.2%
AMERICA FIRST $7,915,000 $10,190,000 28.7% 1.0%
CALIBER HOME LOANS, INC. $9,635,000 $8,285,000 -14.0% 0.9%
BAY EQUITY LLC $10,045,000 $7,830,000 -22.1% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $7,385,000 $7,530,000 2.0% 0.8%
AMERISAVE MORTGAGE CORPORATION $3,590,000 $7,130,000 98.6% 0.7%
VILLAGE CAPITAL & INVESTMENT LLC $5,960,000 $6,740,000 13.1% 0.7%
Mortgage Research Center, LLC $6,485,000 $6,130,000 -5.5% 0.6%
LONGBRIDGE FINANCIAL, LLC $3,225,000 $6,010,000 86.4% 0.6%
BETTER MORTGAGE CORPORATION $260,000 $5,840,000 2,146.2% 0.6%
CANOPY MORTGAGE, LLC $3,470,000 $5,545,000 59.8% 0.6%
PRIMARY RESIDENTIAL MORTGAGE, INC. $2,410,000 $5,495,000 128.0% 0.6%
CMG MORTGAGE, INC. $5,555,000 $5,490,000 -1.2% 0.6%
SECURITYNATIONAL MORTGAGE COMPANY $4,725,000 $5,340,000 13.0% 0.5%
BELEM SERVICING LLC $3,635,000 $5,315,000 46.2% 0.5%
PROVIDENT FUNDING ASSOCIATES, L.P. $8,700,000 $4,920,000 -43.4% 0.5%
CHERRY CREEK MORTGAGE, LLC $4,120,000 $4,415,000 7.2% 0.5%
CROSSCOUNTRY MORTGAGE, LLC $1,280,000 $4,200,000 228.1% 0.4%
The Federal Savings Bank $4,525,000 $4,030,000 -10.9% 0.4%
RANLIFE, INC. $2,530,000 $3,900,000 54.2% 0.4%
FINANCE OF AMERICA MORTGAGE LLC $730,000 $3,880,000 431.5% 0.4%
AMERICAN PACIFIC MORTGAGE CORPORATION $4,335,000 $3,705,000 -14.5% 0.4%
Flagstar Bank, FSB $4,525,000 $3,705,000 -18.1% 0.4%
NEWREZ LLC $2,955,000 $3,625,000 22.7% 0.4%
Cache Valley Bank $2,365,000 $3,420,000 44.6% 0.4%
GOLDENWEST $1,560,000 $3,390,000 117.3% 0.3%
VERITAS FUNDING, LLC $3,145,000 $3,145,000 0.0% 0.3%
U.S. Bank $4,195,000 $3,050,000 -27.3% 0.3%
STEARNS LENDING, LLC $2,155,000 $2,990,000 38.7% 0.3%
JPMorgan Chase Bank $1,030,000 $2,965,000 187.9% 0.3%
CYPRUS Federal Credit Union $335,000 $2,885,000 761.2% 0.3%
NAVY FEDERAL CREDIT UNION $2,740,000 $2,830,000 3.3% 0.3%
CELEBRITY HOME LOANS, LLC $2,690,000 n/a 0.3%
AMERICAN FINANCING CORPORATION $1,005,000 $2,495,000 148.3% 0.3%
AMWEST FUNDING CORP. $2,005,000 $2,395,000 19.5% 0.2%
Glacier Bank $65,000 $2,385,000 3,569.2% 0.2%
LOANPAL, LLC $1,240,000 $2,305,000 85.9% 0.2%
Rock Canyon Bank $1,335,000 $2,300,000 72.3% 0.2%
AMERICAN ADVISORS GROUP $535,000 $2,190,000 309.3% 0.2%
LAKEVIEW LOAN SERVICING, LLC $1,645,000 $2,125,000 29.2% 0.2%
CHARTWAY FEDERAL CREDIT UNION $1,115,000 $2,090,000 87.4% 0.2%
UTAH COMMUNITY $740,000 $2,070,000 179.7% 0.2%
Bank of Utah $2,145,000 $1,975,000 -7.9% 0.2%
Blue Ridge Bank $980,000 $1,865,000 90.3% 0.2%
SECURITY HOME MORTGAGE, LLC. $2,630,000 $1,760,000 -33.1% 0.2%
KeyBank $275,000 $1,600,000 481.8% 0.2%
DIRECT MORTGAGE, CORP. $1,705,000 $1,595,000 -6.5% 0.2%
Bank of America $1,865,000 $1,555,000 -16.6% 0.2%
CITYWIDE HOME LOANS, LLC $5,080,000 $1,470,000 -71.1% 0.2%
GUARANTEED RATE, INC. $1,190,000 $1,465,000 23.1% 0.2%
CASTLE & COOKE MORTGAGE, LLC $1,560,000 $1,415,000 -9.3% 0.1%
Utah Power $90,000 $1,380,000 1,433.3% 0.1%
USAA Federal Savings Bank $2,840,000 $1,365,000 -51.9% 0.1%
PNC Bank $185,000 $1,310,000 608.1% 0.1%
GENEVA FINANCIAL, LLC $1,265,000 n/a 0.1%
S1L, Inc. $450,000 $1,225,000 172.2% 0.1%
AMERICAN INTERNET MORTGAGE, INC. $500,000 $1,195,000 139.0% 0.1%
SOVEREIGN LENDING GROUP INCORPORATED $315,000 $1,180,000 274.6% 0.1%
Wyndham Capital Mortgage, Inc. $1,180,000 n/a 0.1%
GUARANTY HOME MORTGAGE CORPORATION $235,000 $1,145,000 387.2% 0.1%
Hometown Lenders, Inc. $2,255,000 $1,140,000 -49.4% 0.1%
FirstBank $1,105,000 $1,100,000 -0.5% 0.1%
HOMESIDE FINANCIAL, LLC $310,000 $1,060,000 241.9% 0.1%
First Guaranty Mortgage Corporation $1,470,000 $1,055,000 -28.2% 0.1%
PENTAGON FEDERAL CREDIT UNION $770,000 $1,030,000 33.8% 0.1%
Chicago Mortgage Solutions LLC $1,015,000 n/a 0.1%
Network Funding, L.P. $850,000 $1,000,000 17.6% 0.1%
Low VA Rates, LLC $1,310,000 $980,000 -25.2% 0.1%
UNITED SECURITY FINANCIAL CORP $955,000 $955,000 0.0% 0.1%
LEADERONE FINANCIAL CORPORATION $2,670,000 $950,000 -64.4% 0.1%
NBH Bank $1,625,000 $950,000 -41.5% 0.1%
NATIONS RELIABLE LENDING, LLC $905,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $780,000 $905,000 16.0% 0.1%
NOVA FINANCIAL & INVESTMENT CORPORATION $880,000 n/a 0.1%
SECURITY SERVICE $345,000 $880,000 155.1% 0.1%
Century Mortgage Company DBA Century Lending Company $875,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $55,000 $860,000 1,463.6% 0.1%
Citizens Bank $840,000 n/a 0.1%
NBKC BANK $1,460,000 $790,000 -45.9% 0.1%
CITY FIRST MORTGAGE SERVICES, L.L.C. $790,000 $785,000 -0.6% 0.1%
Watermark Capital, Inc. $785,000 n/a 0.1%
Plains Commerce Bank $195,000 $780,000 300.0% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $885,000 $770,000 -13.0% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $295,000 $745,000 152.5% 0.1%
TCF National Bank $735,000 n/a 0.1%
MORIA DEVELOPMENT, INC. $730,000 n/a 0.1%
Carrington Mortgage Services, LLC $1,505,000 $720,000 -52.2% 0.1%
MOUNTAIN WEST FINANCIAL, INC. $460,000 $695,000 51.1% 0.1%
MID AMERICA MORTGAGE, INC. $125,000 $680,000 444.0% 0.1%
Northpointe Bank $530,000 $680,000 28.3% 0.1%
Comerica Bank $655,000 $655,000 0.0% 0.1%
AXIA FINANCIAL, LLC $275,000 $645,000 134.5% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $1,040,000 $645,000 -38.0% 0.1%
SRE MORTGAGE ALLIANCE INC. $645,000 n/a 0.1%
MOVEMENT MORTGAGE, LLC $520,000 $615,000 18.3% 0.1%
PHH Mortgage Corporation $400,000 $600,000 50.0% 0.1%
Utah Mortgage Loan Corporation $870,000 $595,000 -31.6% 0.1%
BNC National Bank $570,000 $590,000 3.5% 0.1%
ONE NEVADA CREDIT UNION $580,000 n/a 0.1%
Evolve Bank & Trust $560,000 $530,000 -5.4% 0.1%
MY MOVE MORTGAGE, LLC $675,000 $505,000 -25.2% 0.1%
Sierra Pacific Mortgage Company, Inc. $345,000 $500,000 44.9% 0.1%
The Loan Store, Inc. $500,000 n/a 0.1%
Flanagan State Bank $490,000 n/a 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $485,000 n/a 0.0%
21ST MORTGAGE CORPORATION $65,000 $480,000 638.5% 0.0%
ALL WESTERN MORTGAGE, INC. $165,000 $480,000 190.9% 0.0%
Nations Lending Corporation $265,000 $455,000 71.7% 0.0%
Gateway First Bank $680,000 $430,000 -36.8% 0.0%
COLUMBIA COMMUNITY CREDIT UNION $425,000 n/a 0.0%
Umpqua Bank $85,000 $425,000 400.0% 0.0%
Fifth Third Bank $225,000 $385,000 71.1% 0.0%
Deseret First Credit Union $175,000 $380,000 117.1% 0.0%
Bank of England $375,000 n/a 0.0%
MANN FINANCIAL INC. $375,000 n/a 0.0%
Baxter Credit Union $55,000 $365,000 563.6% 0.0%
Amerifirst Financial, Inc. $355,000 n/a 0.0%
Austin Capital Bank SSB $355,000 n/a 0.0%
MORTGAGE MANAGEMENT CONSULTANTS, INC. $255,000 $355,000 39.2% 0.0%
V.I.P. MORTGAGE, INC. $355,000 n/a 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $345,000 n/a 0.0%
Florida Capital Bank $345,000 n/a 0.0%
HOMESTEAD FUNDING CORP. $315,000 $345,000 9.5% 0.0%
Columbia State Bank $335,000 n/a 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $335,000 n/a 0.0%
Meridian Bank Corporation $335,000 n/a 0.0%
MidFirst Bank $335,000 n/a 0.0%
FIRST TECHNOLOGY $115,000 $325,000 182.6% 0.0%
Mid-Continent Funding, Inc. $390,000 $325,000 -16.7% 0.0%
Bank of Idaho $315,000 n/a 0.0%
CORNERSTONE HOME LENDING, INC. $315,000 n/a 0.0%
University First Federal Credit Union $380,000 $315,000 -17.1% 0.0%
VAN DYK MORTGAGE CORPORATION $315,000 n/a 0.0%
Waterstone Mortgage Corporation $315,000 n/a 0.0%
WESTERN EXPRESS LENDING $315,000 n/a 0.0%
Cf Bank $570,000 $305,000 -46.5% 0.0%
Paramount Residential Mortgage Group, Inc. $530,000 $305,000 -42.5% 0.0%
Truist Bank $530,000 $305,000 -42.5% 0.0%
BLUE BRICK FINANCIAL LLC $295,000 n/a 0.0%
First Home Bank $295,000 n/a 0.0%
Loan Simple, Inc. $295,000 n/a 0.0%
PLAZA HOME MORTGAGE, INC. $500,000 $295,000 -41.0% 0.0%
SWBC MORTGAGE CORPORATION $280,000 n/a 0.0%
DHI MORTGAGE COMPANY, LTD. $165,000 $265,000 60.6% 0.0%
KS StateBank $1,235,000 $265,000 -78.5% 0.0%
Strong Home Mortgage, LLC $860,000 $265,000 -69.2% 0.0%
Texana Bank $265,000 n/a 0.0%
GoPrime Mortgage, Inc. $215,000 $255,000 18.6% 0.0%
Triumph Bank $255,000 n/a 0.0%
UTAH FIRST $255,000 n/a 0.0%
West Town Bank & Trust $245,000 n/a 0.0%
5TH STREET CAPITAL, INC. $235,000 n/a 0.0%
CIVIC FINANCIAL SERVICES, LLC $235,000 n/a 0.0%
First Federal Bank $510,000 $235,000 -53.9% 0.0%
KELLER MORTGAGE, LLC $575,000 $235,000 -59.1% 0.0%
Manufacturers and Traders Trust Company $235,000 n/a 0.0%
HighTechLending Inc $230,000 n/a 0.0%
Pinnacle Bank $225,000 n/a 0.0%
FINANCE OF AMERICA COMMERCIAL LLC $215,000 n/a 0.0%
Gate City Bank $215,000 n/a 0.0%
PANORAMA MORTGAGE GROUP, LLC $205,000 n/a 0.0%
Willamette Valley Bank $205,000 n/a 0.0%
Alaska USA Federal Credit Union $195,000 n/a 0.0%
DIGNIFIED HOME LOANS, LLC $195,000 n/a 0.0%
Magnolia Bank $195,000 n/a 0.0%
OPEN MORTGAGE, LLC $195,000 n/a 0.0%
Northwest Farm Credit Services, FLCA $215,000 $185,000 -14.0% 0.0%
AMCAP MORTGAGE, LTD. $175,000 n/a 0.0%
Arvest Bank $175,000 n/a 0.0%
AMERICAN FIRST $165,000 n/a 0.0%
CHURCHILL MORTGAGE CORPORATION $165,000 n/a 0.0%
HAMILTON HOME LOANS, INC. $125,000 $155,000 24.0% 0.0%
EMBRACE HOME LOANS, INC. $145,000 n/a 0.0%
REVERSE MORTGAGE FUNDING LLC $555,000 $145,000 -73.9% 0.0%
Barrington Bank & Trust Company, N.A. $975,000 $125,000 -87.2% 0.0%
North American Savings Bank, F.S.B. $2,075,000 $125,000 -94.0% 0.0%
DATA MORTGAGE, INC. $115,000 n/a 0.0%
SOFI LENDING CORP. $115,000 n/a 0.0%
CHEVRON $95,000 n/a 0.0%
IDAHO STATE UNIVERSITY $85,000 n/a 0.0%
HomeTrust Bank $55,000 n/a 0.0%
Discover Bank $45,000 $35,000 -22.2% 0.0%

Cedar City's top lender by overall market share is State Bank of Southern Utah, with 9.1% market share. In second place, with 8.8%, is CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP, having originated $85,625,000 in loans. In third place, with 6.4%, is MOUNTAIN AMERICA, having originated $62,035,000 in loans. In third place, with 6.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $61,990,000 in loans. In third place, with 5.9%, is INTERCAP LENDING INC., having originated $57,395,000 in loans.


Cedar City, UT Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,498 $439,000,000 $293,057
Refi 1,282 $283,500,000 $221,139
Cash Out Refi 895 $222,275,000 $248,352
Home Improvement 188 $16,310,000 $86,755
Other 111 $12,665,000 $114,099

Cedar City's most frequently cited loan purpose was Home Purchase, with 1,498 originations. The 2nd most popular reason was Refi, with 1,282 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 1,592 $397,340,000 $249,585
2.5-3% 1,431 $367,095,000 $256,530
<2.5% 641 $152,645,000 $238,136
4-5% 220 $47,470,000 $215,773
5-6% 52 $4,330,000 $83,269
6-7% 15 $1,075,000 $71,667
7-8% 7 $455,000 $65,000
Over 8% 7 $685,000 $97,857

During 2021, Cedar City's most frequently originated rate bucket was 3-4%, with 1,592 originations.

Loan Sizing (Cedar City, UT MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 2,066 $576,650,000 $279,114
$100k-200k 1,133 $175,385,000 $154,797
$100,000 or less 418 $23,320,000 $55,789
$400k-600k 308 $143,640,000 $466,364
$600k-1000k 40 $30,060,000 $751,500
$Over $1MM 9 $24,695,000 $2,743,889

Cedar City's loan sizing saw the bucket of loans from $200k-400k with 2,066 originations, totaling $576,650,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 1,415 $401,975,000 $284,081
80-100% 1,051 $318,255,000 $302,812
40-60% 755 $160,245,000 $212,245
20-40% 372 $48,740,000 $131,022
Under 20% 250 $10,600,000 $42,400
Over 100% 31 $9,855,000 $317,903

Cedar City's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 1,415 originations, totaling $401,975,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Cedar 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 $264,450 (18.1%) $324,453 (2.7%) 0.00 526
2018-02-01 $262,400 (16.6%) $322,383 (-0.4%) 0.00 556
2018-03-01 $254,900 (11.1%) $320,657 (4.1%) 0.00 563
2018-04-01 $267,200 (16.2%) $332,523 (10.2%) 0.00 588
2018-05-01 $264,950 (13.3%) $328,495 (9.1%) 0.00 616
2018-06-01 $269,000 (15.0%) $338,235 (11.9%) 0.00 639
2018-07-01 $263,000 (14.4%) $334,932 (11.8%) 0.00 649
2018-08-01 $257,400 (4.0%) $331,909 (7.3%) 0.00 623
2018-09-01 $257,000 (2.8%) $337,362 (6.5%) 0.00 593
2018-10-01 $250,000 (-2.6%) $326,489 (2.3%) 0.00 585
2018-11-01 $262,450 (-2.1%) $316,081 (-1.1%) 0.00 561
2018-12-01 $259,900 (-1.9%) $309,281 (-2.1%) 0.00 550
2019-01-01 $263,400 (-0.4%) $312,732 (-3.6%) 0.00 521
2019-02-01 $264,950 (1.0%) $321,179 (-0.4%) 0.00 522
2019-03-01 $262,086 (2.8%) $317,559 (-1.0%) 0.00 544
2019-04-01 $264,636 (-1.0%) $317,540 (-4.5%) 0.00 566
2019-05-01 $266,900 (0.7%) $321,740 (-2.1%) 0.00 580
2019-06-01 $259,900 (-3.4%) $319,319 (-5.6%) 0.00 655
2019-07-01 $261,371 (-0.6%) $324,711 (-3.1%) 0.00 686
2019-08-01 $260,741 (1.3%) $327,395 (-1.4%) 0.00 656
2019-09-01 $259,950 (1.2%) $329,075 (-2.5%) 0.00 615
2019-10-01 $262,450 (5.0%) $328,707 (0.7%) 0.00 643
2019-11-01 $269,900 (2.8%) $328,782 (4.0%) 0.00 643
2019-12-01 $268,400 (3.3%) $336,295 (8.7%) 0.00 615
2020-01-01 $267,450 (1.5%) $340,747 (9.0%) 0.00 604
2020-02-01 $285,000 (7.6%) $343,670 (7.0%) 0.00 573
2020-03-01 $286,000 (9.1%) $338,660 (6.6%) 0.00 549
2020-04-01 $289,900 (9.6%) $338,864 (6.7%) 0.00 595
2020-05-01 $289,900 (8.6%) $337,911 (5.0%) 0.00 582
2020-06-01 $289,950 (11.6%) $335,609 (5.1%) 0.00 549
2020-07-01 $306,812 (17.4%) $348,072 (7.2%) 0.00 465
2020-08-01 $350,000 (34.2%) $421,330 (28.7%) 0.00 356
2020-09-01 $349,950 (34.6%) $467,518 (42.1%) 0.00 266
2020-10-01 $344,000 (31.1%) $485,726 (47.8%) 0.00 242
2020-11-01 $344,000 (27.5%) $501,994 (52.7%) 0.00 223
2020-12-01 $351,500 (31.0%) $503,955 (49.9%) 0.00 215
2021-01-01 $349,000 (30.5%) $523,943 (53.8%) 0.00 181
2021-02-01 $352,450 (23.7%) $538,082 (56.6%) 0.00 158
2021-03-01 $359,000 (25.5%) $544,833 (60.9%) 0.00 167
2021-04-01 $368,500 (27.1%) $518,394 (53.0%) 0.00 171
2021-05-01 $389,900 (34.5%) $517,274 (53.1%) 0.00 165
2021-06-01 $409,950 (41.4%) $544,753 (62.3%) 0.00 195
2021-07-01 $399,450 (30.2%) $532,631 (53.0%) 0.00 255
2021-08-01 $417,450 (19.3%) $566,951 (34.6%) 0.00 264
2021-09-01 $416,950 (19.2%) $558,154 (19.4%) 0.00 295
2021-10-01 $422,000 (22.7%) $583,853 (20.2%) 0.00 256
2021-11-01 $439,050 (27.6%) $595,366 (18.6%) 0.00 215
2021-12-01 $444,450 (26.4%) $570,199 (13.1%) 0.00 212
2022-01-01 $435,000 (24.6%) $552,335 (5.4%) 0.00 184
2022-02-01 $482,500 (36.9%) $564,915 (5.0%) 0.00 196
2022-03-01 $472,000 (31.5%) $566,882 (4.1%) 0.00 184
2022-04-01 $489,000 (32.7%) $570,511 (10.1%) 0.00 259
2022-05-01 $450,000 (15.4%) $551,465 (6.6%) 0.00 367
Cedar City's median listing price for 2022-05-01 was $450,000, a difference of $60,100 (15.4%) versus the prior year and $-39,000 versus the prior month.

Cedar City's median listing price comes in at 0% of the national average.

Cedar City's average listing price for 2022-05-01 was $551,465, a difference of $34,191 (6.6%) versus the prior year and $-19,046 versus the prior month.

For the 2022-05-01 period, Cedar City had 367 MLS listings, a difference of 108 listings (42%) versus the prior month and 202 listings (122%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Cedar 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 2,154 sqft
2018-02-01 0 days 2,176 sqft
2018-03-01 0 days 2,144 sqft
2018-04-01 0 days 2,275 sqft
2018-05-01 0 days 2,210 sqft
2018-06-01 0 days 2,304 sqft
2018-07-01 0 days 2,200 sqft
2018-08-01 0 days 2,132 sqft
2018-09-01 0 days 2,223 sqft
2018-10-01 0 days 2,116 sqft
2018-11-01 0 days 2,197 sqft
2018-12-01 0 days 2,100 sqft
2019-01-01 0 days 2,125 sqft
2019-02-01 0 days 2,052 sqft
2019-03-01 0 days 1,973 sqft
2019-04-01 0 days 1,970 sqft
2019-05-01 0 days 1,983 sqft
2019-06-01 0 days 1,969 sqft
2019-07-01 0 days 1,920 sqft
2019-08-01 0 days 1,894 sqft
2019-09-01 0 days 1,844 sqft
2019-10-01 0 days 1,915 sqft
2019-11-01 0 days 1,968 sqft
2019-12-01 0 days 1,950 sqft
2020-01-01 0 days 1,943 sqft
2020-02-01 0 days 1,905 sqft
2020-03-01 0 days 1,901 sqft
2020-04-01 0 days 1,938 sqft
2020-05-01 0 days 1,900 sqft
2020-06-01 0 days 1,878 sqft
2020-07-01 0 days 1,999 sqft
2020-08-01 0 days 2,323 sqft
2020-09-01 0 days 2,329 sqft
2020-10-01 0 days 2,283 sqft
2020-11-01 0 days 2,152 sqft
2020-12-01 0 days 2,146 sqft
2021-01-01 0 days 1,928 sqft
2021-02-01 0 days 2,000 sqft
2021-03-01 0 days 2,103 sqft
2021-04-01 0 days 2,087 sqft
2021-05-01 0 days 2,050 sqft
2021-06-01 0 days 2,354 sqft
2021-07-01 0 days 2,045 sqft
2021-08-01 0 days 1,944 sqft
2021-09-01 0 days 2,009 sqft
2021-10-01 0 days 1,949 sqft
2021-11-01 0 days 1,932 sqft
2021-12-01 0 days 1,814 sqft
2022-01-01 0 days 1,808 sqft
2022-02-01 0 days 1,971 sqft
2022-03-01 0 days 1,952 sqft
2022-04-01 0 days 1,946 sqft
2022-05-01 0 days 1,820 sqft
Cedar City's median listing age (time on market) for 2022-05-01 was 0 days.

Cedar City's median square footage for active listings during the 2022-05-01 period was 1,820 sqft. One year prior, the average listing was 2,050 sqft.