Coldwater Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Coldwater averaged 7.04% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 6.92% and one month ago for the week of 2024-03-14, the average rate was 7.08%.

    Coldwater's average rate one year ago was 6.31%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.2%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Coldwater 30 Year Fixed Rate 2024-04-18 7.04%
    Coldwater 30 Year Fixed Rate Refi 2024-04-18 7.2%
    Coldwater 15 Year Fixed Rate 2024-04-18 6.49%
    Coldwater 15 Year Fixed Rate Refi 2024-04-18 6.59%
    Coldwater 30 Year FHA 2024-04-18 6.86%
    Coldwater 30 Year FHA Refi 2024-04-18 6.86%
    Coldwater 30 Year USDA 2024-04-18 6.66%
    Coldwater 30 Year USDA Refi 2024-04-18 6.66%
    Coldwater 30 Year VA 2024-04-18 6.86%
    Coldwater 30 Year VA Refi 2024-04-18 6.76%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Coldwater, MI.

    Coldwater 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 Coldwater, MI 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    OAK MORTGAGE, LLC 28 6.74% $3,313
    QUICKEN LOANS, LLC 27 6.69% $6,167
    UNION HOME MORTGAGE CORP. 19 7.10% $5,418
    GVC MORTGAGE, INC. 17 6.99% $4,126
    RUOFF MORTGAGE COMPANY, INC. 11 6.93% $3,882
    UNITED WHOLESALE MORTGAGE, LLC 11 6.97% $6,398
    The Huntington National Bank 9 6.63% $3,385
    CONSUMERS 7 7.36% $3,970
    Honor Credit Union 5 6.28% $2,866
    County National Bank 5 6.30% $5,382
    OMNI Community Credit Union 4 6.97% $3,208
    JPMorgan Chase Bank 3 7.12% $5,750
    PENNYMAC LOAN SERVICES, LLC 3 6.41% $7,779
    MARSHALL COMMUNITY CREDIT UNION 3 7.17% $2,253
    Fifth Third Bank 3 6.50% $3,596
    ProFed Federal Credit Union 3 7.38% $3,132
    Kellogg Community Credit Union 3 6.38% $2,495
    TEACHERS CREDIT UNION 2 7.25% $4,524
    CROSSCOUNTRY MORTGAGE, LLC 2 6.88% $5,635
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.68% $3,126
    First Federal Bank of the Midwest 2 6.88% $3,562
    GUIDANCE RESIDENTIAL, LLC 2 6.94% $3,787
    MORTGAGE CENTER L.C 2 6.44% $2,882
    Mr. Cooper ( Nationstar Mortgage ) 2 6.93% $5,958
    Neighborhood Loans, Inc. 2 6.81% $3,553
    UIF CORPORATION 2 6.88% $3,023
    Wells Fargo Bank 1 5.75% $5,905
    NEWREZ LLC 1 6.63% $4,628
    NORTHERN MORTGAGE SERVICES, LLC 1 7.38% $10,507
    MID AMERICA MORTGAGE, INC. 1 8.13% $21,043
    MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 1 6.63% $3,000
    Paramount Residential Mortgage Group, Inc. 1 7.50% $2,112
    LAKE MICHIGAN CREDIT UNION 1 5.88% $4,085
    PNC Bank 1 6.38% $2,606
    PREMIA MORTGAGE, LLC 1 6.50% $0
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.25% $3,410
    Guardian Savings Bank, A Federal Savings Bank 1 6.88% $5,615
    GUARANTEED RATE AFFINITY, LLC 1 7.58% $3,385
    Flagstar Bank, FSB 1 6.99% $5,706
    SUMMIT HOME MORTGAGE, LLC 1 7.99% $1,403
    CARDINAL FINANCIAL 1 7.38% $5,508
    Directions Credit Union, Inc. 1 7.13% $0
    The State Bank and Trust Company 1 6.63% $8,312
    The Union Bank Company 1 7.63% $7,536
    Three Rivers Federal Credit Union 1 7.50% $3,254
    TLC COMMUNITY Credit Union 1 7.50% $2,839
    ZILLOW HOME LOANS, LLC 1 7.25% $6,486
    Citizens Bank 1 6.75% $3,858
    Union Savings Bank 1 6.50% $1,812
    MIDWEST AMERICA 1 7.13% $3,404
    Carrington Mortgage Services, LLC 1 6.50% $5,498
    Mortgage Research Center, LLC 1 7.13% $1,243
    Waterstone Mortgage Corporation 1 7.88% $3,806

    Coldwater Average Closing Costs & Other Stats

    Coldwater, MI's 53 lenders originated 719 loans during 2023. The total origination value was $112,215,000, with an average loan value of $156,071.

    Coldwater's average closing costs are $4,020.

    The top Coldwater lender as defined by loan originations is OAK MORTGAGE, LLC, with 28 loans originated. Their average total fees are $3,313, which is $2,854 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Coldwater lenders (with over 10 loans originated) are OAK MORTGAGE, LLC ($3,313), RUOFF MORTGAGE COMPANY, INC. ($3,882), GVC MORTGAGE, INC. ($4,126), UNION HOME MORTGAGE CORP. ($5,418) and QUICKEN LOANS, LLC ($6,167).

    The lowest rate Coldwater lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.69%), OAK MORTGAGE, LLC (6.74%), RUOFF MORTGAGE COMPANY, INC. (6.93%), UNITED WHOLESALE MORTGAGE, LLC (6.97%) and GVC MORTGAGE, INC. (6.99%).

    Coldwater, MI 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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    The Huntington National Bank $4,255,000 $10,575,000 148.5% 9.4%
    Southern Michigan Bank & Trust $10,715,000 $9,985,000 -6.8% 8.9%
    QUICKEN LOANS, LLC $12,210,000 $8,780,000 -28.1% 7.8%
    UNION HOME MORTGAGE CORP. $1,030,000 $7,885,000 665.5% 7.0%
    OAK MORTGAGE, LLC $22,210,000 $7,520,000 -66.1% 6.7%
    GVC MORTGAGE, INC. $2,100,000 $5,225,000 148.8% 4.7%
    Honor Credit Union $6,060,000 $3,965,000 -34.6% 3.5%
    MARSHALL COMMUNITY CREDIT UNION $3,660,000 $3,530,000 -3.6% 3.1%
    CONSUMERS $6,350,000 $3,395,000 -46.5% 3.0%
    UNITED WHOLESALE MORTGAGE, LLC $2,375,000 $3,260,000 37.3% 2.9%
    RUOFF MORTGAGE COMPANY, INC. $2,160,000 $3,180,000 47.2% 2.8%
    Sturgis Bank & Trust Company $5,620,000 $3,000,000 -46.6% 2.7%
    PNC Bank $4,165,000 $2,970,000 -28.7% 2.6%
    Mortgage Research Center, LLC $1,750,000 $1,890,000 8.0% 1.7%
    Merchants Bank of Indiana $1,495,000 n/a 1.3%
    Carrington Mortgage Services, LLC $235,000 $1,320,000 461.7% 1.2%
    21ST MORTGAGE CORPORATION $485,000 $1,240,000 155.7% 1.1%
    County National Bank $675,000 $1,225,000 81.5% 1.1%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $910,000 $1,045,000 14.8% 0.9%
    OMNI Community Credit Union $530,000 $1,045,000 97.2% 0.9%
    Fifth Third Bank $2,175,000 $930,000 -57.2% 0.8%
    CARDINAL FINANCIAL $670,000 $905,000 35.1% 0.8%
    Neighborhood Loans, Inc. $655,000 $890,000 35.9% 0.8%
    BROKER SOLUTIONS, INC. $1,390,000 $860,000 -38.1% 0.8%
    MORTGAGE CENTER L.C $2,010,000 $845,000 -58.0% 0.8%
    PENNYMAC LOAN SERVICES, LLC $260,000 $815,000 213.5% 0.7%
    Kellogg Community Credit Union $1,460,000 $805,000 -44.9% 0.7%
    Guardian Savings Bank, A Federal Savings Bank $785,000 n/a 0.7%
    CROSSCOUNTRY MORTGAGE, LLC $615,000 $745,000 21.1% 0.7%
    JPMorgan Chase Bank $770,000 $735,000 -4.5% 0.7%
    Flagstar Bank, FSB $1,320,000 $725,000 -45.1% 0.6%
    MID AMERICA MORTGAGE, INC. $1,100,000 $675,000 -38.6% 0.6%
    MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $5,520,000 $670,000 -87.9% 0.6%
    LENDINGONE, LLC $640,000 n/a 0.6%
    NFM, INC. $560,000 n/a 0.5%
    UIF CORPORATION $135,000 $550,000 307.4% 0.5%
    The Union Bank Company $495,000 n/a 0.4%
    Wells Fargo Bank $720,000 $480,000 -33.3% 0.4%
    First Federal Bank of the Midwest $2,495,000 $465,000 -81.4% 0.4%
    Farmers State Bank $1,640,000 $460,000 -72.0% 0.4%
    Citizens Bank $610,000 $450,000 -26.2% 0.4%
    MUTUAL OF OMAHA MORTGAGE, INC. $220,000 $450,000 104.5% 0.4%
    Mr. Cooper ( Nationstar Mortgage ) $680,000 $440,000 -35.3% 0.4%
    NAVY FEDERAL CREDIT UNION $220,000 $430,000 95.5% 0.4%
    GreenStone Farm Credit Services, FLCA $1,420,000 $420,000 -70.4% 0.4%
    NORTHERN MORTGAGE SERVICES, LLC $415,000 n/a 0.4%
    ZILLOW HOME LOANS, LLC $115,000 $410,000 256.5% 0.4%
    The First National Bank of Pandora $405,000 n/a 0.4%
    TEACHERS CREDIT UNION $380,000 $395,000 3.9% 0.4%
    LAKE MICHIGAN CREDIT UNION $1,450,000 $385,000 -73.4% 0.3%
    Northpointe Bank $55,000 $380,000 590.9% 0.3%
    MIDWEST AMERICA $410,000 $365,000 -11.0% 0.3%
    GUIDANCE RESIDENTIAL, LLC $350,000 n/a 0.3%
    GUILD MORTGAGE COMPANY $325,000 n/a 0.3%
    The Genoa Banking Company $305,000 n/a 0.3%
    Three Rivers Federal Credit Union $620,000 $305,000 -50.8% 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $235,000 $300,000 27.7% 0.3%
    NEW DAY FINANCIAL, LLC $105,000 $290,000 176.2% 0.3%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $555,000 $285,000 -48.6% 0.3%
    LOANDEPOT.COM, LLC $1,825,000 $285,000 -84.4% 0.3%
    ADVIA $260,000 $265,000 1.9% 0.2%
    ProFed Federal Credit Union $330,000 $265,000 -19.7% 0.2%
    GUARANTEED RATE, INC. $1,030,000 $260,000 -74.8% 0.2%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $215,000 $255,000 18.6% 0.2%
    HOWARD HANNA FINANCIAL SERVICES, INC. $250,000 n/a 0.2%
    TLC COMMUNITY Credit Union $245,000 n/a 0.2%
    SUMMIT HOME MORTGAGE, LLC $220,000 n/a 0.2%
    AMERICAN PACIFIC MORTGAGE CORPORATION $205,000 n/a 0.2%
    PREMIA MORTGAGE, LLC $535,000 $205,000 -61.7% 0.2%
    NETWORK CAPITAL FUNDING CORPORATION $165,000 $195,000 18.2% 0.2%
    The State Bank and Trust Company $1,555,000 $195,000 -87.5% 0.2%
    Discover Bank $80,000 $180,000 125.0% 0.2%
    MORTGAGE 1 INCORPORATED $1,150,000 $175,000 -84.8% 0.2%
    Paramount Residential Mortgage Group, Inc. $175,000 n/a 0.2%
    Frankenmuth Credit Union $165,000 n/a 0.1%
    GREENSTATE CREDIT UNION $100,000 $165,000 65.0% 0.1%
    TOP FLITE FINANCIAL, INC. $460,000 $165,000 -64.1% 0.1%
    GUARANTEED RATE AFFINITY, LLC $155,000 n/a 0.1%
    PHH Mortgage Corporation $155,000 n/a 0.1%
    Figure Lending LLC $150,000 n/a 0.1%
    Waterstone Mortgage Corporation $500,000 $145,000 -71.0% 0.1%
    KeyBank $125,000 $135,000 8.0% 0.1%
    LENDINGHOME FUNDING CORPORATION $135,000 n/a 0.1%
    USAA Federal Savings Bank $195,000 $135,000 -30.8% 0.1%
    Directions Credit Union, Inc. $175,000 $125,000 -28.6% 0.1%
    Equity Prime Mortgage LLC $115,000 n/a 0.1%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $115,000 n/a 0.1%
    MEMBER FIRST MORTGAGE, LLC $105,000 $115,000 9.5% 0.1%
    MICHIGAN MUTUAL, INC. $835,000 $115,000 -86.2% 0.1%
    1st Source Bank $205,000 $105,000 -48.8% 0.1%
    Independent Bank $550,000 $105,000 -80.9% 0.1%
    Union Savings Bank $105,000 n/a 0.1%
    SUCCESS MORTGAGE PARTNERS, INC. $165,000 $95,000 -42.4% 0.1%
    KALSEE CREDIT UNION $90,000 n/a 0.1%
    SUN WEST MORTGAGE COMPANY, INC. $85,000 n/a 0.1%
    UNITED $290,000 $85,000 -70.7% 0.1%
    NEWREZ LLC $205,000 $75,000 -63.4% 0.1%
    SPRING EQ, LLC $65,000 n/a 0.1%
    Superior Credit Union, Inc. $305,000 $65,000 -78.7% 0.1%
    COMMUNITY CHOICE CREDIT UNION $65,000 $60,000 -7.7% 0.1%
    INTERRA CREDIT UNION $55,000 n/a 0.0%
    Coastal Community Bank $35,000 n/a 0.0%
    GENISYS $35,000 $35,000 0.0% 0.0%
    The Farmers & Merchants State Bank $500,000 $25,000 -95.0% 0.0%

    Coldwater's top lender by overall market share is The Huntington National Bank, with 9.4% market share. In second place, with 8.9%, is Southern Michigan Bank & Trust, having originated $9,985,000 in loans. In third place, with 7.8%, is QUICKEN LOANS, LLC, having originated $8,780,000 in loans. In fourth place, with 7.0%, is UNION HOME MORTGAGE CORP., having originated $7,885,000 in loans. In fifth place, with 6.7%, is OAK MORTGAGE, LLC, having originated $7,520,000 in loans.

    Coldwater Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Coldwater (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 $129,950 (-10.9%) $209,615 (11.6%) 0.00 156
    2018-02-01 $140,650 (-5.1%) $223,001 (9.0%) 0.00 158
    2018-03-01 $149,450 (-0.3%) $211,120 (-3.6%) 0.00 152
    2018-04-01 $153,400 (2.3%) $213,727 (-4.0%) 0.00 160
    2018-05-01 $158,400 (5.7%) $213,840 (-3.7%) 0.00 166
    2018-06-01 $161,000 (7.7%) $213,599 (-0.3%) 0.00 166
    2018-07-01 $160,950 (7.4%) $212,392 (0.1%) 0.00 179
    2018-08-01 $160,825 (3.8%) $212,195 (-0.3%) 0.00 177
    2018-09-01 $152,000 (1.4%) $208,986 (-2.0%) 0.00 167
    2018-10-01 $161,950 (10.0%) $205,084 (-1.0%) 0.00 159
    2018-11-01 $157,000 (5.6%) $197,705 (-6.7%) 0.00 164
    2018-12-01 $149,900 (6.5%) $190,658 (-8.4%) 0.00 166
    2019-01-01 $145,425 (11.9%) $199,822 (-4.7%) 0.00 145
    2019-02-01 $136,900 (-2.7%) $198,104 (-11.2%) 0.00 140
    2019-03-01 $141,943 (-5.0%) $200,151 (-5.2%) 0.00 132
    2019-04-01 $148,993 (-2.9%) $204,809 (-4.2%) 0.00 133
    2019-05-01 $160,225 (1.2%) $222,805 (4.2%) 0.00 131
    2019-06-01 $159,900 (-0.7%) $223,954 (4.9%) 0.00 158
    2019-07-01 $156,625 (-2.7%) $217,516 (2.4%) 0.00 164
    2019-08-01 $148,564 (-7.6%) $210,365 (-0.9%) 0.00 165
    2019-09-01 $146,559 (-3.6%) $208,875 (-0.1%) 0.00 166
    2019-10-01 $144,975 (-10.5%) $205,583 (0.2%) 0.00 165
    2019-11-01 $139,900 (-10.9%) $199,273 (0.8%) 0.00 161
    2019-12-01 $138,613 (-7.5%) $205,432 (7.8%) 0.00 161
    2020-01-01 $139,450 (-4.1%) $206,607 (3.4%) 0.00 163
    2020-02-01 $139,900 (2.2%) $211,958 (7.0%) 0.00 169
    2020-03-01 $149,000 (5.0%) $225,414 (12.6%) 0.00 158
    2020-04-01 $146,000 (-2.0%) $237,143 (15.8%) 0.00 144
    2020-05-01 $156,500 (-2.3%) $248,078 (11.3%) 0.00 139
    2020-06-01 $149,800 (-6.3%) $249,355 (11.3%) 0.00 119
    2020-07-01 $161,150 (2.9%) $256,894 (18.1%) 0.00 112
    2020-08-01 $159,900 (7.6%) $270,220 (28.5%) 0.00 93
    2020-09-01 $159,900 (9.1%) $286,437 (37.1%) 0.00 81
    2020-10-01 $179,900 (24.1%) $278,581 (35.5%) 0.00 79
    2020-11-01 $179,900 (28.6%) $274,698 (37.9%) 0.00 79
    2020-12-01 $179,900 (29.8%) $274,044 (33.4%) 0.00 87
    2021-01-01 $159,900 (14.7%) $267,224 (29.3%) 0.00 82
    2021-02-01 $174,900 (25.0%) $293,856 (38.6%) 0.00 65
    2021-03-01 $197,425 (32.5%) $314,868 (39.7%) 0.00 54
    2021-04-01 $179,450 (22.9%) $319,652 (34.8%) 0.00 42
    2021-05-01 $179,500 (14.7%) $299,847 (20.9%) 0.00 45
    2021-06-01 $182,500 (21.8%) $303,049 (21.5%) 0.00 58
    2021-07-01 $177,000 (9.8%) $300,735 (17.1%) 0.00 60
    2021-08-01 $177,875 (11.2%) $304,801 (12.8%) 0.00 64
    2021-09-01 $168,600 (5.4%) $267,710 (-6.5%) 0.00 66
    2021-10-01 $179,000 (-0.5%) $303,323 (8.9%) 0.00 65
    2021-11-01 $193,700 (7.7%) $297,918 (8.5%) 0.00 71
    2021-12-01 $199,000 (10.6%) $302,006 (10.2%) 0.00 65
    2022-01-01 $199,000 (24.5%) $297,545 (11.4%) 0.00 56
    2022-02-01 $208,675 (19.3%) $310,779 (5.8%) 0.00 51
    2022-03-01 $203,450 (3.1%) $283,048 (-10.1%) 0.00 44
    2022-04-01 $204,950 (14.2%) $299,089 (-6.4%) 0.00 49
    2022-05-01 $231,950 (29.2%) $305,563 (1.9%) 0.00 68
    2022-06-01 $266,950 (46.3%) $323,919 (6.9%) 0.00 78
    2022-07-01 $239,900 (35.5%) $314,394 (4.5%) 0.00 102
    2022-08-01 $238,425 (34.0%) $321,617 (5.5%) 0.00 108
    2022-09-01 $239,675 (42.2%) $322,903 (20.6%) 0.00 110
    2022-10-01 $234,900 (31.2%) $326,754 (7.7%) 0.00 105
    2022-11-01 $238,675 (23.2%) $326,518 (9.6%) 0.00 98
    2022-12-01 $229,900 (15.5%) $318,975 (5.6%) 0.00 83
    2023-01-01 $229,675 (15.4%) $303,539 (2.0%) 0.00 84
    2023-02-01 $227,975 (9.3%) $312,571 (0.6%) 0.00 82
    2023-03-01 $234,900 (15.5%) $347,630 (22.8%) 0.00 77
    2023-04-01 $240,000 (17.1%) $350,829 (17.3%) 0.00 70
    2023-05-01 $249,000 (7.4%) $333,771 (9.2%) 0.00 70
    2023-06-01 $288,638 (8.1%) $339,468 (4.8%) 0.00 70
    2023-07-01 $281,950 (17.5%) $319,413 (1.6%) 0.00 71
    2023-08-01 $286,175 (20.0%) $324,034 (0.8%) 0.00 78
    2023-09-01 $259,900 (8.4%) $330,173 (2.3%) 0.00 76
    2023-10-01 $247,450 (5.3%) $325,106 (-0.5%) 0.00 86
    2023-11-01 $236,725 (-0.8%) $305,127 (-6.6%) 0.00 76
    2023-12-01 $239,000 (4.0%) $299,271 (-6.2%) 0.00 78
    2024-01-01 $269,900 (17.5%) $315,447 (3.9%) 0.00 87
    2024-02-01 $258,675 (13.5%) $323,517 (3.5%) 0.00 97
    2024-03-01 $257,400 (9.6%) $334,171 (-3.9%) 0.00 94
    Coldwater's median listing price for 2024-03-01 was $257,400, a difference of $22,500 (9.6%) versus the prior year and $-1,275 versus the prior month.

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

    Coldwater's average listing price for 2024-03-01 was $334,171, a difference of $-13,459 (-3.9%) versus the prior year and $10,654 versus the prior month.

    For the 2024-03-01 period, Coldwater had 94 MLS listings, a difference of -3 listings (-3%) versus the prior month and 17 listings (22%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Coldwater (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,590 sqft
    2018-02-01 0 days 1,590 sqft
    2018-03-01 0 days 1,600 sqft
    2018-04-01 0 days 1,591 sqft
    2018-05-01 0 days 1,582 sqft
    2018-06-01 0 days 1,560 sqft
    2018-07-01 0 days 1,600 sqft
    2018-08-01 0 days 1,603 sqft
    2018-09-01 0 days 1,600 sqft
    2018-10-01 0 days 1,600 sqft
    2018-11-01 0 days 1,600 sqft
    2018-12-01 0 days 1,584 sqft
    2019-01-01 0 days 1,613 sqft
    2019-02-01 0 days 1,600 sqft
    2019-03-01 0 days 1,594 sqft
    2019-04-01 0 days 1,600 sqft
    2019-05-01 0 days 1,632 sqft
    2019-06-01 0 days 1,600 sqft
    2019-07-01 0 days 1,624 sqft
    2019-08-01 0 days 1,601 sqft
    2019-09-01 0 days 1,650 sqft
    2019-10-01 0 days 1,683 sqft
    2019-11-01 0 days 1,688 sqft
    2019-12-01 0 days 1,670 sqft
    2020-01-01 0 days 1,688 sqft
    2020-02-01 0 days 1,664 sqft
    2020-03-01 0 days 1,682 sqft
    2020-04-01 0 days 1,679 sqft
    2020-05-01 0 days 1,672 sqft
    2020-06-01 0 days 1,600 sqft
    2020-07-01 0 days 1,650 sqft
    2020-08-01 0 days 1,706 sqft
    2020-09-01 0 days 1,759 sqft
    2020-10-01 0 days 1,693 sqft
    2020-11-01 0 days 1,640 sqft
    2020-12-01 0 days 1,646 sqft
    2021-01-01 0 days 1,546 sqft
    2021-02-01 0 days 1,682 sqft
    2021-03-01 0 days 1,659 sqft
    2021-04-01 0 days 1,581 sqft
    2021-05-01 0 days 1,530 sqft
    2021-06-01 0 days 1,600 sqft
    2021-07-01 0 days 1,526 sqft
    2021-08-01 0 days 1,765 sqft
    2021-09-01 0 days 1,630 sqft
    2021-10-01 0 days 1,743 sqft
    2021-11-01 0 days 1,813 sqft
    2021-12-01 0 days 1,800 sqft
    2022-01-01 0 days 1,800 sqft
    2022-02-01 0 days 1,855 sqft
    2022-03-01 0 days 1,831 sqft
    2022-04-01 0 days 1,726 sqft
    2022-05-01 0 days 1,805 sqft
    2022-06-01 0 days 1,971 sqft
    2022-07-01 0 days 1,826 sqft
    2022-08-01 0 days 1,697 sqft
    2022-09-01 0 days 1,838 sqft
    2022-10-01 0 days 1,876 sqft
    2022-11-01 0 days 1,869 sqft
    2022-12-01 0 days 1,760 sqft
    2023-01-01 0 days 1,800 sqft
    2023-02-01 0 days 1,800 sqft
    2023-03-01 0 days 1,831 sqft
    2023-04-01 0 days 1,800 sqft
    2023-05-01 0 days 1,782 sqft
    2023-06-01 0 days 1,774 sqft
    2023-07-01 0 days 1,586 sqft
    2023-08-01 0 days 1,601 sqft
    2023-09-01 0 days 1,600 sqft
    2023-10-01 0 days 1,570 sqft
    2023-11-01 0 days 1,526 sqft
    2023-12-01 0 days 1,570 sqft
    2024-01-01 0 days 1,723 sqft
    2024-02-01 0 days 1,617 sqft
    2024-03-01 0 days 1,685 sqft
    Coldwater's median listing age (time on market) for 2024-03-01 was 0 days.

    Coldwater's median square footage for active listings during the 2024-03-01 period was 1,685 sqft. One year prior, the average listing was 1,831 sqft.

    Coldwater, MI Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 360 $77,180,000 $214,389
    Cash Out Refi 120 $15,410,000 $128,417
    Home Improvement 82 $4,190,000 $51,098
    Other 82 $6,040,000 $73,659
    Refi 75 $9,395,000 $125,267

    Coldwater's most frequently cited loan purpose was Home Purchase, with 360 originations. The 2nd most popular reason was Cash Out Refi, with 120 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 234 $40,210,000 $171,838
    Over 8% 155 $13,005,000 $83,903
    7-8% 148 $23,850,000 $161,149
    5-6% 72 $12,150,000 $168,750
    4-5% 3 $335,000 $111,667
    3-4% 2 $800,000 $400,000

    During 2023, Coldwater's most frequently originated rate bucket was 6-7%, with 234 originations.

    Loan Sizing (Coldwater, MI MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 290 $41,270,000 $142,310
    $100,000 or less 281 $14,075,000 $50,089
    $200k-400k 121 $32,565,000 $269,132
    $400k-600k 18 $8,480,000 $471,111
    $600k-1000k 6 $4,420,000 $736,667
    $Over $1MM 3 $11,405,000 $3,801,667

    Coldwater's loan sizing saw the bucket of loans from $100k-200k with 290 originations, totaling $41,270,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 263 $48,015,000 $182,567
    60-80% 119 $24,425,000 $205,252
    20-40% 85 $5,855,000 $68,882
    Under 20% 78 $2,570,000 $32,949
    40-60% 68 $8,780,000 $129,118
    Over 100% 4 $8,620,000 $2,155,000

    Coldwater's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 263 originations, totaling $48,015,000 in origination value.