Coldwater Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Coldwater averaged 6.86% for the week of 2024-02-22, compared to the national average of 6.9% for the same period.

The average rate for the prior week (2024-02-15) was 6.63% and one month ago for the week of 2024-01-18, the average rate was 6.76%.

Coldwater's average rate one year ago was 6.71%.

For refis of the same type during the week of 2024-02-22, the average rate was 6.9%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-22 6.9%
Coldwater 30 Year Fixed Rate 2024-02-22 6.86%
Coldwater 30 Year Fixed Rate Refi 2024-02-22 6.9%
Coldwater 15 Year Fixed Rate 2024-02-22 6.49%
Coldwater 15 Year Fixed Rate Refi 2024-02-22 6.49%
Coldwater 30 Year FHA 2024-02-22 -0.26%
Coldwater 30 Year FHA Refi 2024-02-22 0%
Coldwater 30 Year USDA 2024-02-22 -0.2%
Coldwater 30 Year USDA Refi 2024-02-22 0%
Coldwater 30 Year VA 2024-02-22 0.2%
Coldwater 30 Year VA Refi 2024-02-22 0%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
OAK MORTGAGE, LLC 79 4.71% $2,872
QUICKEN LOANS, LLC 36 5.28% $5,711
CONSUMERS 22 5.45% $2,606
AMERIFIRST FINANCIAL CORPORATION 20 5.76% $4,390
Southern Michigan Bank & Trust 18 5.27% $2,820
Honor Credit Union 9 5.35% $2,777
UNITED WHOLESALE MORTGAGE, LLC 8 4.67% $9,518
MORTGAGE CENTER L.C 7 4.70% $4,408
MARSHALL COMMUNITY CREDIT UNION 7 5.50% $2,407
RUOFF MORTGAGE COMPANY, INC. 7 4.84% $3,454
LOANDEPOT.COM, LLC 6 4.10% $4,257
PNC Bank 5 5.30% $3,778
The Huntington National Bank 5 5.30% $3,265
Farmers State Bank 5 4.77% $2,861
Fifth Third Bank 4 3.88% $2,377
MORTGAGE 1 INCORPORATED 4 4.68% $4,909
GVC MORTGAGE, INC. 3 5.76% $5,917
UNION HOME MORTGAGE CORP. 3 5.88% $4,210
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 3.87% $3,717
The State Bank and Trust Company 3 5.13% $4,266
Mr. Cooper ( Nationstar Mortgage ) 3 4.29% $4,598
GUARANTEED RATE, INC. 3 4.96% $3,178
MICHIGAN MUTUAL, INC. 3 6.50% $7,138
JPMorgan Chase Bank 3 5.54% $3,470
First Federal Bank of the Midwest 3 4.63% $3,479
Flagstar Bank, FSB 3 4.49% $4,923
AMERICAN FINANCING CORPORATION 2 4.06% $4,051
MID AMERICA MORTGAGE, INC. 2 5.38% $9,483
Neighborhood Loans, Inc. 2 4.88% $3,582
HALLMARK HOME MORTGAGE, LLC 2 6.13% $3,619
Carrington Mortgage Services, LLC 2 5.69% $4,528
OMNI Community Credit Union 2 5.81% $2,889
ROYAL UNITED MORTGAGE LLC 2 5.94% $6,291
Citizens Bank 2 5.19% $4,838
LAKE MICHIGAN CREDIT UNION 2 4.56% $3,510
UNITED 2 5.56% $4,148
GreenStone Farm Credit Services, FLCA 2 6.60% $2,079
Wells Fargo Bank 2 5.81% $3,628
The Farmers & Merchants State Bank 1 3.50% $3,201
Three Rivers Federal Credit Union 1 4.00% $2,691
United Bank of Michigan 1 5.25% $1,344
VIBE CREDIT UNION 1 5.63% $5,904
ZILLOW HOME LOANS, LLC 1 3.50% $3,283
ARBOR FINANCIAL CREDIT UNION 1 5.75% $3,699
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 4.99% $7,583
Barrington Bank & Trust Company, N.A. 1 4.25% $3,534
Baxter Credit Union 1 4.75% $9,692
CALCON MUTUAL MORTGAGE LLC 1 5.25% $3,230
CALIBER HOME LOANS, INC. 1 6.63% $2,452
CARDINAL FINANCIAL 1 5.99% $4,532
CHERRY CREEK MORTGAGE, LLC 1 4.88% $845
CHURCHILL MORTGAGE CORPORATION 1 5.50% $2,716
CROSSCOUNTRY MORTGAGE, LLC 1 6.45% $5,388
Directions Credit Union, Inc. 1 6.75% $2,301
FIRST CENTENNIAL MORTGAGE CORPORATION 1 6.63% $10,830
FIRST HERITAGE FINANCIAL, LLC 1 6.13% $8,964
First Savings Bank 1 4.13% $5,343
HOME POINT FINANCIAL CORPORATION 1 5.13% $5,834
HOMESIDE FINANCIAL, LLC 1 6.50% $2,667
Hometown Lenders, Inc. 1 5.13% $3,510
Horizon Bank 1 5.63% $1,990
Independent Bank 1 5.50% $3,395
J. VIRGIL, INC. 1 6.75% $5,858
Kellogg Community Credit Union 1 5.50% $3,636
KeyBank 1 4.38% $3,358
LAKEVIEW LOAN SERVICING, LLC 1 6.63% $6,984
LOANPAL, LLC 1 3.75% $5,276
M&T Bank 1 5.00% $5,392
NETWORK CAPITAL FUNDING CORPORATION 1 4.38% $6,010
NEWREZ LLC 1 3.88% $5,450
Northwest Bank 1 7.88% $6,686
Notre Dame Federal Credit Union Corporation 1 2.13% $2,704
PENNYMAC LOAN SERVICES, LLC 1 4.25% $6,571
PLANET HOME LENDING, LLC 1 5.75% $3,574
PREMIA MORTGAGE, LLC 1 3.63% $4,281
Superior Credit Union, Inc. 1 3.50% $3,663
T2 FINANCIAL LLC 1 6.13% $16,574
TEACHERS CREDIT UNION 1 3.25% $2,179
The Croghan Colonial Bank 1 5.25% $3,437
The Dart Bank 1 4.88% $4,138

Coldwater Average Closing Costs & Other Stats

Coldwater, MI's 80 lenders originated 1,015 loans during 2022. The total origination value was $189,165,000, with an average loan value of $186,369.

Coldwater's average closing costs are $3,831.

The top Coldwater lender as defined by loan originations is OAK MORTGAGE, LLC, with 79 loans originated. Their average total fees are $2,872, which is $2,839 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Coldwater lenders (with over 10 loans originated) are CONSUMERS ($2,606), Southern Michigan Bank & Trust ($2,820), OAK MORTGAGE, LLC ($2,872), AMERIFIRST FINANCIAL CORPORATION ($4,390) and QUICKEN LOANS, LLC ($5,711).

The lowest rate Coldwater lenders (with over 10 loans originated) are OAK MORTGAGE, LLC (4.71%), Southern Michigan Bank & Trust (5.27%), QUICKEN LOANS, LLC (5.28%), CONSUMERS (5.45%) and AMERIFIRST FINANCIAL CORPORATION (5.76%).

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
Fulton Bank $33,605,000 n/a 17.8%
OAK MORTGAGE, LLC $18,190,000 $22,210,000 22.1% 11.7%
QUICKEN LOANS, LLC $16,870,000 $12,210,000 -27.6% 6.5%
Southern Michigan Bank & Trust $19,920,000 $10,715,000 -46.2% 5.7%
AMERIFIRST FINANCIAL CORPORATION $15,530,000 $9,380,000 -39.6% 5.0%
CONSUMERS $9,010,000 $6,350,000 -29.5% 3.4%
Honor Credit Union $14,505,000 $6,060,000 -58.2% 3.2%
Sturgis Bank & Trust Company $85,000 $5,620,000 6,511.8% 3.0%
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $910,000 $5,520,000 506.6% 2.9%
The Huntington National Bank $8,290,000 $4,255,000 -48.7% 2.2%
PNC Bank $3,035,000 $4,165,000 37.2% 2.2%
MARSHALL COMMUNITY CREDIT UNION $5,815,000 $3,660,000 -37.1% 1.9%
First Federal Bank of the Midwest $1,690,000 $2,495,000 47.6% 1.3%
UNITED WHOLESALE MORTGAGE, LLC $4,750,000 $2,375,000 -50.0% 1.3%
Fifth Third Bank $2,480,000 $2,175,000 -12.3% 1.1%
RUOFF MORTGAGE COMPANY, INC. $4,700,000 $2,160,000 -54.0% 1.1%
GVC MORTGAGE, INC. $1,385,000 $2,100,000 51.6% 1.1%
MORTGAGE CENTER L.C $945,000 $2,010,000 112.7% 1.1%
LOANDEPOT.COM, LLC $2,490,000 $1,825,000 -26.7% 1.0%
Mortgage Research Center, LLC $1,455,000 $1,750,000 20.3% 0.9%
Farmers State Bank $1,560,000 $1,640,000 5.1% 0.9%
The State Bank and Trust Company $1,050,000 $1,555,000 48.1% 0.8%
Kellogg Community Credit Union $1,905,000 $1,460,000 -23.4% 0.8%
LAKE MICHIGAN CREDIT UNION $2,965,000 $1,450,000 -51.1% 0.8%
GreenStone Farm Credit Services, FLCA $1,330,000 $1,420,000 6.8% 0.8%
BROKER SOLUTIONS, INC. $1,670,000 $1,390,000 -16.8% 0.7%
Old National Bank $1,970,000 $1,335,000 -32.2% 0.7%
Flagstar Bank, FSB $4,130,000 $1,320,000 -68.0% 0.7%
MORTGAGE 1 INCORPORATED $1,815,000 $1,150,000 -36.6% 0.6%
MID AMERICA MORTGAGE, INC. $740,000 $1,100,000 48.6% 0.6%
GUARANTEED RATE, INC. $770,000 $1,030,000 33.8% 0.5%
UNION HOME MORTGAGE CORP. $740,000 $1,030,000 39.2% 0.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,640,000 $910,000 -75.0% 0.5%
MICHIGAN MUTUAL, INC. $665,000 $835,000 25.6% 0.4%
JPMorgan Chase Bank $1,235,000 $770,000 -37.7% 0.4%
Lake City Bank $725,000 n/a 0.4%
Wells Fargo Bank $615,000 $720,000 17.1% 0.4%
HOME POINT FINANCIAL CORPORATION $735,000 $680,000 -7.5% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $1,370,000 $680,000 -50.4% 0.4%
County National Bank $1,090,000 $675,000 -38.1% 0.4%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $200,000 $670,000 235.0% 0.4%
Neighborhood Loans, Inc. $470,000 $655,000 39.4% 0.3%
Horizon Bank $525,000 $635,000 21.0% 0.3%
Three Rivers Federal Credit Union $620,000 n/a 0.3%
Baxter Credit Union $615,000 n/a 0.3%
CROSSCOUNTRY MORTGAGE, LLC $1,530,000 $615,000 -59.8% 0.3%
Citizens Bank $190,000 $610,000 221.1% 0.3%
The Dart Bank $575,000 n/a 0.3%
ARBOR FINANCIAL CREDIT UNION $140,000 $565,000 303.6% 0.3%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $155,000 $555,000 258.1% 0.3%
Independent Bank $525,000 $550,000 4.8% 0.3%
First Merchants Bank $485,000 $545,000 12.4% 0.3%
AMERICAN FINANCING CORPORATION $195,000 $540,000 176.9% 0.3%
PREMIA MORTGAGE, LLC $535,000 n/a 0.3%
The Croghan Colonial Bank $535,000 n/a 0.3%
OMNI Community Credit Union $1,395,000 $530,000 -62.0% 0.3%
AG Credit, Agricultural Credit Association $505,000 n/a 0.3%
The Farmers & Merchants State Bank $780,000 $500,000 -35.9% 0.3%
Waterstone Mortgage Corporation $500,000 n/a 0.3%
T2 FINANCIAL LLC $495,000 n/a 0.3%
21ST MORTGAGE CORPORATION $685,000 $485,000 -29.2% 0.3%
TOP FLITE FINANCIAL, INC. $460,000 n/a 0.2%
MIDWEST AMERICA $410,000 n/a 0.2%
FIRST CHOICE MH LLC $610,000 $390,000 -36.1% 0.2%
TEACHERS CREDIT UNION $305,000 $380,000 24.6% 0.2%
Northwest Bank $405,000 $350,000 -13.6% 0.2%
FIRST CENTENNIAL MORTGAGE CORPORATION $335,000 n/a 0.2%
ProFed Federal Credit Union $515,000 $330,000 -35.9% 0.2%
AMERISAVE MORTGAGE CORPORATION $1,700,000 $320,000 -81.2% 0.2%
HALLMARK HOME MORTGAGE, LLC $500,000 $310,000 -38.0% 0.2%
Superior Credit Union, Inc. $945,000 $305,000 -67.7% 0.2%
VIBE CREDIT UNION $305,000 n/a 0.2%
LOANPAL, LLC $125,000 $300,000 140.0% 0.2%
UNITED $55,000 $290,000 427.3% 0.2%
EQUITY RESOURCES, INC. $285,000 n/a 0.2%
ADVIA $200,000 $260,000 30.0% 0.1%
PENNYMAC LOAN SERVICES, LLC $645,000 $260,000 -59.7% 0.1%
VAN DYK MORTGAGE CORPORATION $260,000 n/a 0.1%
First Federal Bank $255,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $320,000 $255,000 -20.3% 0.1%
FREEDOM MORTGAGE CORPORATION $1,895,000 $250,000 -86.8% 0.1%
BETTER MORTGAGE CORPORATION $245,000 n/a 0.1%
FIRST HERITAGE FINANCIAL, LLC $245,000 n/a 0.1%
PLANET HOME LENDING, LLC $105,000 $240,000 128.6% 0.1%
Carrington Mortgage Services, LLC $950,000 $235,000 -75.3% 0.1%
Grand River Bank $235,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $500,000 $235,000 -53.0% 0.1%
First National Bank of Pulaski $225,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $435,000 $220,000 -49.4% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $350,000 $220,000 -37.1% 0.1%
NAVY FEDERAL CREDIT UNION $980,000 $220,000 -77.6% 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $490,000 $215,000 -56.1% 0.1%
Barrington Bank & Trust Company, N.A. $155,000 $210,000 35.5% 0.1%
1st Source Bank $205,000 n/a 0.1%
NEWREZ LLC $525,000 $205,000 -61.0% 0.1%
STAR Financial Bank $175,000 $205,000 17.1% 0.1%
CONTOUR MORTGAGE CORPORATION $200,000 n/a 0.1%
Homestead Savings Bank $355,000 $200,000 -43.7% 0.1%
USAA Federal Savings Bank $195,000 n/a 0.1%
CALCON MUTUAL MORTGAGE LLC $185,000 n/a 0.1%
Hometown Lenders, Inc. $185,000 n/a 0.1%
Directions Credit Union, Inc. $235,000 $175,000 -25.5% 0.1%
LONGBRIDGE FINANCIAL, LLC $175,000 n/a 0.1%
J. VIRGIL, INC. $165,000 n/a 0.1%
NETWORK CAPITAL FUNDING CORPORATION $165,000 n/a 0.1%
STAUNTON FINANCIAL, INC. $165,000 n/a 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $265,000 $165,000 -37.7% 0.1%
GENEVA FINANCIAL, LLC $155,000 n/a 0.1%
Bank of America $220,000 $145,000 -34.1% 0.1%
CHURCHILL MORTGAGE CORPORATION $145,000 n/a 0.1%
HOMESIDE FINANCIAL, LLC $195,000 $145,000 -25.6% 0.1%
NATIONS RELIABLE LENDING, LLC $145,000 n/a 0.1%
Notre Dame Federal Credit Union Corporation $135,000 n/a 0.1%
UIF CORPORATION $145,000 $135,000 -6.9% 0.1%
First National Bank of America $125,000 n/a 0.1%
KeyBank $450,000 $125,000 -72.2% 0.1%
M&T Bank $495,000 $125,000 -74.7% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $115,000 n/a 0.1%
CHERRY CREEK MORTGAGE, LLC $115,000 $115,000 0.0% 0.1%
First Savings Bank $115,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $105,000 $115,000 9.5% 0.1%
CREDIT UNION ONE $105,000 n/a 0.1%
DFCU FINANCIAL $105,000 n/a 0.1%
MEMBER FIRST MORTGAGE, LLC $200,000 $105,000 -47.5% 0.1%
Nations Lending Corporation $200,000 $105,000 -47.5% 0.1%
NEW DAY FINANCIAL, LLC $200,000 $105,000 -47.5% 0.1%
VILLAGE CAPITAL MORTGAGE $1,760,000 $105,000 -94.0% 0.1%
GREENSTATE CREDIT UNION $100,000 n/a 0.1%
Discover Bank $85,000 $80,000 -5.9% 0.0%
Commerce Home Mortgage, Inc. $65,000 n/a 0.0%
COMMUNITY CHOICE CREDIT UNION $65,000 n/a 0.0%
United Bank of Michigan $65,000 n/a 0.0%
CALIBER HOME LOANS, INC. $1,140,000 $55,000 -95.2% 0.0%
HIWAY $55,000 n/a 0.0%
INOVA FEDERAL CREDIT UNION $55,000 n/a 0.0%
Northpointe Bank $55,000 n/a 0.0%
Mercantile Bank of Michigan $175,000 $45,000 -74.3% 0.0%
GENISYS $590,000 $35,000 -94.1% 0.0%
Meijer Credit Union $25,000 n/a 0.0%

Coldwater's top lender by overall market share is Fulton Bank, with 17.8% market share. In second place, with 11.7%, is OAK MORTGAGE, LLC, having originated $22,210,000 in loans. In third place, with 6.5%, is QUICKEN LOANS, LLC, having originated $12,210,000 in loans. In fourth place, with 5.7%, is Southern Michigan Bank & Trust, having originated $10,715,000 in loans. In fifth place, with 5.0%, is AMERIFIRST FINANCIAL CORPORATION, having originated $9,380,000 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 (-1.4%) 0.00 167
2018-10-01 $161,950 (10.0%) $205,084 (0.3%) 0.00 159
2018-11-01 $157,000 (5.6%) $197,705 (-5.5%) 0.00 164
2018-12-01 $149,900 (6.5%) $190,658 (-7.1%) 0.00 166
2019-01-01 $145,425 (11.9%) $199,822 (-3.2%) 0.00 145
2019-02-01 $136,900 (-2.7%) $198,104 (-9.8%) 0.00 140
2019-03-01 $141,943 (-5.0%) $200,151 (-4.4%) 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 (-0.6%) 0.00 166
2019-10-01 $144,975 (-10.5%) $205,583 (-1.0%) 0.00 165
2019-11-01 $139,900 (-10.9%) $199,273 (-0.5%) 0.00 161
2019-12-01 $138,613 (-7.5%) $205,432 (6.3%) 0.00 161
2020-01-01 $139,450 (-4.1%) $206,607 (1.9%) 0.00 163
2020-02-01 $139,900 (2.2%) $211,958 (5.4%) 0.00 169
2020-03-01 $149,000 (5.0%) $225,414 (11.6%) 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 (7.3%) 0.00 71
2021-12-01 $199,000 (10.6%) $302,006 (8.8%) 0.00 65
2022-01-01 $199,000 (24.5%) $297,545 (9.8%) 0.00 56
2022-02-01 $208,675 (19.3%) $310,779 (4.2%) 0.00 51
2022-03-01 $203,450 (3.1%) $283,048 (-12.6%) 0.00 44
2022-04-01 $204,950 (14.2%) $299,089 (-9.2%) 0.00 49
2022-05-01 $231,950 (29.2%) $305,563 (0.1%) 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 (10.8%) 0.00 98
2022-12-01 $229,900 (15.5%) $318,975 (7.0%) 0.00 83
2023-01-01 $229,675 (15.4%) $303,539 (3.5%) 0.00 84
2023-02-01 $227,975 (9.3%) $312,571 (2.1%) 0.00 82
2023-03-01 $234,900 (15.5%) $347,630 (26.3%) 0.00 77
2023-04-01 $240,000 (17.1%) $350,829 (20.9%) 0.00 70
2023-05-01 $249,000 (7.4%) $333,771 (11.2%) 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 (0.0%) 0.00 78
Coldwater's median listing price for 2023-12-01 was $239,000, a difference of $9,100 (4.0%) versus the prior year and $2,275 versus the prior month.

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

Coldwater's average listing price for 2023-12-01 was $299,271, a difference of $-19,704 (0.0%) versus the prior year and $-5,856 versus the prior month.

For the 2023-12-01 period, Coldwater had 78 MLS listings, a difference of 2 listings (3%) versus the prior month and -5 listings (-6%) 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 1,580 sqft
2018-02-01 0 days 1,585 sqft
2018-03-01 0 days 1,600 sqft
2018-04-01 0 days 1,586 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 1,584 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
Coldwater's median listing age (time on market) for 2023-12-01 was 0 days.

Coldwater's median square footage for active listings during the 2023-12-01 period was 1,570 sqft. One year prior, the average listing was 1,760 sqft.

Coldwater, MI Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 474 $129,540,000 $273,291
Cash Out Refi 198 $28,240,000 $142,626
Refi 144 $16,730,000 $116,181
Home Improvement 106 $7,740,000 $73,019
Other 93 $6,915,000 $74,355

Coldwater's most frequently cited loan purpose was Home Purchase, with 474 originations. The 2nd most popular reason was Cash Out Refi, with 198 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 257 $40,315,000 $156,868
3-4% 210 $68,710,000 $327,190
4-5% 204 $37,120,000 $181,961
6-7% 136 $18,060,000 $132,794
2.5-3% 42 $9,200,000 $219,048
Over 8% 39 $2,085,000 $53,462
7-8% 39 $4,025,000 $103,205
<2.5% 18 $3,570,000 $198,333

During 2022, Coldwater's most frequently originated rate bucket was 5-6%, with 257 originations.

Loan Sizing (Coldwater, MI MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 427 $60,685,000 $142,119
$100,000 or less 383 $21,295,000 $55,601
$200k-400k 150 $40,240,000 $268,267
$400k-600k 37 $17,775,000 $480,405
$600k-1000k 11 $7,505,000 $682,273
$Over $1MM 7 $41,665,000 $5,952,143

Coldwater's loan sizing saw the bucket of loans from $100k-200k with 427 originations, totaling $60,685,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 364 $68,610,000 $188,489
60-80% 248 $83,140,000 $335,242
20-40% 131 $10,325,000 $78,817
40-60% 112 $15,840,000 $141,429
Under 20% 83 $3,565,000 $42,952
Over 100% 6 $1,120,000 $186,667

Coldwater's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 364 originations, totaling $68,610,000 in origination value.