Corinth Mortgage Rates

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

30 Year Fixed Rate mortgages in Corinth averaged 6.15% 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 5.82% and one month ago for the week of 2022-05-19, the average rate was 5.29%.

Corinth's average rate one year ago was 3.47%.

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%
Corinth 30 Year Fixed Rate 2022-06-23 6.15%
Corinth 30 Year Fixed Rate Refi 2022-06-23 5.98%
Corinth 15 Year Fixed Rate 2022-06-23 5.13%
Corinth 15 Year Fixed Rate Refi 2022-06-23 5.07%
Corinth 30 Year FHA 2022-06-23 0.17%
Corinth 30 Year FHA Refi 2022-06-23 -0.2%
Corinth 30 Year USDA 2022-06-23 0.17%
Corinth 30 Year USDA Refi 2022-06-23 -0.63%
Corinth 30 Year VA 2022-06-23 0.14%
Corinth 30 Year VA Refi 2022-06-23 -0.21%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Corinth, MS.

Corinth 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 Corinth, MS 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
GMFS LLC 24 2.98% $4,316
BancorpSouth Bank 23 3.29% $3,328
Renasant Bank 22 3.45% $3,266
QUICKEN LOANS, LLC 20 3.21% $4,446
CB&S Bank, Inc. 18 3.45% $2,811
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 15 3.30% $2,822
Regions Bank 15 3.23% $3,330
Trustmark National Bank 5 3.28% $4,483
LOANDEPOT.COM, LLC 4 2.94% $4,060
Citizens Bank 4 3.16% $3,825
Flagstar Bank, FSB 3 2.98% $5,374
JPMorgan Chase Bank 3 3.21% $3,613
MORTGAGE INVESTORS GROUP, INC. 2 2.94% $3,636
FORT FINANCIAL Federal Credit Union 2 3.31% $2,997
Pelican State Credit Union 2 2.93% $4,452
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 3.00% $3,188
BankPlus 2 3.00% $2,782
STOCKTON MORTGAGE CORPORATION 2 3.25% $3,980
BROKER SOLUTIONS, INC. 2 3.06% $5,678
CALIBER HOME LOANS, INC. 2 3.44% $2,886
ZILLOW HOME LOANS, LLC 1 3.00% $5,109
Bank of England 1 3.25% $3,538
FREEDOM MORTGAGE CORPORATION 1 3.50% $1,583
Independent Bank 1 3.00% $2,747
Leaders Credit Union 1 2.75% $2,648
LIBERTY HOME MORTGAGE CORPORATION 1 4.63% $7,257
Listerhill Credit Union 1 3.25% $4,673
MOVEMENT MORTGAGE, LLC 1 3.38% $0
Mr. Cooper ( Nationstar Mortgage ) 1 4.13% $4,082
NAVY FEDERAL CREDIT UNION 1 4.75% $3,250
NORTHROP GRUMMAN Federal Credit Union 1 3.25% $3,337
PENNYMAC LOAN SERVICES, LLC 1 3.63% $3,636
Pinnacle Bank 1 3.38% $4,715
Reliant Bank 1 7.84% $3,562
Sierra Pacific Mortgage Company, Inc. 1 3.25% $3,839
TOWNE MORTGAGE COMPANY 1 4.63% $6,167
Truist Bank 1 3.18% $3,866
Wells Fargo Bank 1 3.25% $4,963
AMERISAVE MORTGAGE CORPORATION 1 2.88% $4,081

Corinth, MS's 39 lenders originated 764 loans during 2021. The total origination value was $111,720,000, with an average loan value of $146,230.

The top Corinth lender as defined by loan originations is GMFS LLC, with 24 loans originated. Their average total fees are $4,316, which is $988 higher than the next largest lender, BancorpSouth Bank.

The lowest fee Corinth lenders (with over 10 loans originated) are CB&S Bank, Inc. ($2,811), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($2,822), Renasant Bank ($3,266), BancorpSouth Bank ($3,328) and Regions Bank ($3,330).

The lowest rate Corinth lenders (with over 10 loans originated) are GMFS LLC (2.98%), QUICKEN LOANS, LLC (3.21%), Regions Bank (3.23%), BancorpSouth Bank (3.29%) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION (3.30%).

Corinth, MS 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
BancorpSouth Bank $10,390,000 $17,100,000 64.6% 15.3%
Renasant Bank $13,750,000 $13,965,000 1.6% 12.5%
QUICKEN LOANS, LLC $7,905,000 $10,250,000 29.7% 9.2%
GMFS LLC $7,820,000 $9,850,000 26.0% 8.8%
Regions Bank $5,215,000 $8,275,000 58.7% 7.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $395,000 $7,250,000 1,735.4% 6.5%
CB&S Bank, Inc. $2,695,000 $6,555,000 143.2% 5.9%
Trustmark National Bank $6,705,000 $4,395,000 -34.5% 3.9%
Mortgage Research Center, LLC $1,345,000 $2,690,000 100.0% 2.4%
CALIBER HOME LOANS, INC. $4,070,000 $2,230,000 -45.2% 2.0%
Flagstar Bank, FSB $745,000 $2,070,000 177.9% 1.9%
MORTGAGE INVESTORS GROUP, INC. $320,000 $1,570,000 390.6% 1.4%
FREEDOM MORTGAGE CORPORATION $1,365,000 $1,465,000 7.3% 1.3%
21ST MORTGAGE CORPORATION $1,355,000 $1,405,000 3.7% 1.3%
STOCKTON MORTGAGE CORPORATION $385,000 $1,310,000 240.3% 1.2%
BankPlus $370,000 $1,205,000 225.7% 1.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $380,000 $1,125,000 196.1% 1.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $325,000 $915,000 181.5% 0.8%
LOANDEPOT.COM, LLC $540,000 $905,000 67.6% 0.8%
AMERISAVE MORTGAGE CORPORATION $235,000 $815,000 246.8% 0.7%
FORT FINANCIAL Federal Credit Union $665,000 $785,000 18.0% 0.7%
HOME POINT FINANCIAL CORPORATION $445,000 $750,000 68.5% 0.7%
BROKER SOLUTIONS, INC. $195,000 $705,000 261.5% 0.6%
Citizens Bank $725,000 $685,000 -5.5% 0.6%
MOVEMENT MORTGAGE, LLC $640,000 n/a 0.6%
Mr. Cooper ( Nationstar Mortgage ) $535,000 $615,000 15.0% 0.6%
NORTHROP GRUMMAN Federal Credit Union $595,000 n/a 0.5%
Bank of England $185,000 $590,000 218.9% 0.5%
Wells Fargo Bank $1,125,000 $585,000 -48.0% 0.5%
BETTER MORTGAGE CORPORATION $490,000 $560,000 14.3% 0.5%
SOUTHWEST STAGE FUNDING, LLC $195,000 $545,000 179.5% 0.5%
JPMorgan Chase Bank $185,000 $455,000 145.9% 0.4%
Pelican State Credit Union $450,000 n/a 0.4%
PENNYMAC LOAN SERVICES, LLC $230,000 $430,000 87.0% 0.4%
NBKC BANK $385,000 n/a 0.3%
Pinnacle Bank $375,000 n/a 0.3%
Sierra Pacific Mortgage Company, Inc. $105,000 $365,000 247.6% 0.3%
NEW DAY FINANCIAL, LLC $230,000 $360,000 56.5% 0.3%
Listerhill Credit Union $335,000 n/a 0.3%
Truist Bank $390,000 $335,000 -14.1% 0.3%
VILLAGE CAPITAL & INVESTMENT LLC $325,000 n/a 0.3%
CHURCHILL MORTGAGE CORPORATION $45,000 $310,000 588.9% 0.3%
ZILLOW HOME LOANS, LLC $295,000 n/a 0.3%
Ally Bank $285,000 n/a 0.3%
Brighton Bank $185,000 $265,000 43.2% 0.2%
PREMIA MORTGAGE, LLC $235,000 $245,000 4.3% 0.2%
Wolfe Financial, Inc $245,000 n/a 0.2%
BAYSHORE MORTGAGE FUNDING, LLC $215,000 n/a 0.2%
Eagle Bank and Trust Company $145,000 $215,000 48.3% 0.2%
LIBERTY HOME MORTGAGE CORPORATION $215,000 n/a 0.2%
TOWNE MORTGAGE COMPANY $215,000 n/a 0.2%
The Bank of Fayette County $210,000 n/a 0.2%
USAA Federal Savings Bank $190,000 $185,000 -2.6% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $180,000 n/a 0.2%
First Guaranty Mortgage Corporation $310,000 $155,000 -50.0% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $180,000 $155,000 -13.9% 0.1%
Reliant Bank $150,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $145,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $140,000 n/a 0.1%
Citibank $135,000 n/a 0.1%
U.S. Bank $135,000 n/a 0.1%
CITIZENS EQUITY FIRST $450,000 $125,000 -72.2% 0.1%
KEESLER $115,000 n/a 0.1%
NUMARK CREDIT UNION $105,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $350,000 $105,000 -70.0% 0.1%
Carrington Mortgage Services, LLC $545,000 $95,000 -82.6% 0.1%
Leaders Credit Union $75,000 $95,000 26.7% 0.1%
Bank of America $85,000 n/a 0.1%
CIS Financial Services, Inc. $85,000 n/a 0.1%
FIRST COMMUNITY MORTGAGE, INC. $4,450,000 $85,000 -98.1% 0.1%
Independent Bank $250,000 $85,000 -66.0% 0.1%
Community Bank of Mississippi $75,000 n/a 0.1%
Elements Financial Federal Credit Union $75,000 n/a 0.1%
NAVY FEDERAL CREDIT UNION $420,000 $75,000 -82.1% 0.1%
Centennial Bank $65,000 n/a 0.1%
1st Franklin Financial Corporation $60,000 n/a 0.1%
FirstBank $65,000 $55,000 -15.4% 0.0%
The Bank of Holly Springs $45,000 $25,000 -44.4% 0.0%

Corinth's top lender by overall market share is BancorpSouth Bank, with 15.3% market share. In second place, with 12.5%, is Renasant Bank, having originated $13,965,000 in loans. In third place, with 9.2%, is QUICKEN LOANS, LLC, having originated $10,250,000 in loans. In third place, with 8.8%, is GMFS LLC, having originated $9,850,000 in loans. In third place, with 7.4%, is Regions Bank, having originated $8,275,000 in loans.


Corinth, MS Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 316 $51,120,000 $161,772
Refi 247 $38,045,000 $154,028
Cash Out Refi 131 $18,305,000 $139,733
Other 39 $2,725,000 $69,872
Home Improvement 31 $1,525,000 $49,194

Corinth's most frequently cited loan purpose was Home Purchase, with 316 originations. The 2nd most popular reason was Refi, with 247 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 276 $39,890,000 $144,529
2.5-3% 247 $41,495,000 $167,996
<2.5% 142 $22,450,000 $158,099
4-5% 37 $3,925,000 $106,081
Over 8% 17 $1,155,000 $67,941
6-7% 15 $925,000 $61,667
5-6% 14 $650,000 $46,429
7-8% 11 $865,000 $78,636

During 2021, Corinth's most frequently originated rate bucket was 3-4%, with 276 originations.

Loan Sizing (Corinth, MS MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 313 $45,345,000 $144,872
$100,000 or less 279 $17,235,000 $61,774
$200k-400k 158 $41,760,000 $264,304
$400k-600k 11 $5,005,000 $455,000
$600k-1000k 3 $2,375,000 $791,667

Corinth's loan sizing saw the bucket of loans from $100k-200k with 313 originations, totaling $45,345,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 337 $58,095,000 $172,389
60-80% 209 $33,325,000 $159,450
40-60% 98 $11,230,000 $114,592
20-40% 57 $3,655,000 $64,123
Under 20% 37 $1,535,000 $41,486
Over 100% 10 $1,770,000 $177,000

Corinth's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 337 originations, totaling $58,095,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Corinth (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 $154,500 (0.7%) $197,701 (9.1%) 0.00 109
2018-02-01 $151,950 (0.0%) $194,555 (10.6%) 0.00 110
2018-03-01 $149,900 (-1.4%) $187,859 (5.5%) 0.00 121
2018-04-01 $165,000 (10.1%) $201,571 (18.1%) 0.00 120
2018-05-01 $164,000 (9.4%) $194,865 (15.5%) 0.00 125
2018-06-01 $149,500 (-1.2%) $181,698 (2.9%) 0.00 126
2018-07-01 $151,750 (1.2%) $179,613 (4.0%) 0.00 125
2018-08-01 $149,900 (-5.7%) $178,900 (0.4%) 0.00 122
2018-09-01 $159,000 (-3.6%) $180,328 (-9.2%) 0.00 134
2018-10-01 $175,000 (6.1%) $196,458 (0.1%) 0.00 112
2018-11-01 $187,000 (16.9%) $201,621 (3.3%) 0.00 99
2018-12-01 $184,500 (15.4%) $197,541 (0.4%) 0.00 94
2019-01-01 $154,450 (0.0%) $184,330 (-6.8%) 0.00 85
2019-02-01 $165,000 (8.6%) $184,419 (-5.2%) 0.00 90
2019-03-01 $171,814 (14.6%) $189,061 (0.6%) 0.00 97
2019-04-01 $174,514 (5.8%) $190,770 (-5.4%) 0.00 88
2019-05-01 $175,000 (6.7%) $195,940 (0.6%) 0.00 99
2019-06-01 $169,900 (13.7%) $185,006 (1.8%) 0.00 117
2019-07-01 $170,000 (12.0%) $191,162 (6.4%) 0.00 120
2019-08-01 $180,714 (20.6%) $199,886 (11.7%) 0.00 117
2019-09-01 $195,000 (22.6%) $211,149 (17.1%) 0.00 112
2019-10-01 $198,750 (13.6%) $213,766 (8.8%) 0.00 110
2019-11-01 $189,500 (1.3%) $209,727 (4.0%) 0.00 103
2019-12-01 $169,900 (-7.9%) $203,516 (3.0%) 0.00 102
2020-01-01 $169,900 (10.0%) $200,448 (8.7%) 0.00 100
2020-02-01 $199,000 (20.6%) $208,278 (12.9%) 0.00 103
2020-03-01 $199,900 (16.4%) $207,985 (10.0%) 0.00 106
2020-04-01 $219,900 (26.0%) $216,250 (13.4%) 0.00 105
2020-05-01 $214,900 (22.8%) $211,712 (8.1%) 0.00 110
2020-06-01 $201,450 (18.6%) $206,402 (11.6%) 0.00 96
2020-07-01 $200,000 (17.7%) $207,083 (8.3%) 0.00 84
2020-08-01 $209,900 (16.2%) $226,545 (13.3%) 0.00 74
2020-09-01 $206,950 (6.1%) $232,201 (10.0%) 0.00 71
2020-10-01 $234,900 (18.2%) $240,463 (12.5%) 0.00 59
2020-11-01 $216,950 (14.5%) $236,144 (12.6%) 0.00 58
2020-12-01 $219,500 (29.2%) $237,760 (16.8%) 0.00 50
2021-01-01 $215,000 (26.6%) $232,331 (15.9%) 0.00 45
2021-02-01 $206,500 (3.8%) $228,259 (9.6%) 0.00 39
2021-03-01 $212,000 (6.1%) $236,494 (13.7%) 0.00 36
2021-04-01 $249,900 (13.6%) $254,896 (17.9%) 0.00 31
2021-05-01 $214,900 (0.0%) $249,115 (17.7%) 0.00 36
2021-06-01 $214,900 (6.7%) $236,316 (14.5%) 0.00 36
2021-07-01 $254,450 (27.2%) $236,801 (14.4%) 0.00 27
2021-08-01 $249,900 (19.1%) $241,009 (6.4%) 0.00 50
2021-09-01 $189,900 (-8.2%) $233,815 (0.7%) 0.00 54
2021-10-01 $189,000 (-19.5%) $236,982 (-1.5%) 0.00 56
2021-11-01 $225,000 (3.7%) $254,706 (7.9%) 0.00 41
2021-12-01 $215,950 (-1.6%) $233,552 (-1.8%) 0.00 37
2022-01-01 $213,900 (-0.5%) $242,093 (4.2%) 0.00 34
2022-02-01 $210,450 (1.9%) $251,805 (10.3%) 0.00 34
2022-03-01 $149,900 (-29.3%) $198,989 (-15.9%) 0.00 34
2022-04-01 $149,900 (-40.0%) $207,488 (-18.6%) 0.00 35
2022-05-01 $139,400 (-35.1%) $180,789 (-27.4%) 0.00 31
Corinth's median listing price for 2022-05-01 was $139,400, a difference of $-75,500 (-35.1%) versus the prior year and $-10,500 versus the prior month.

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

Corinth's average listing price for 2022-05-01 was $180,789, a difference of $-68,326 (-27.4%) versus the prior year and $-26,699 versus the prior month.

For the 2022-05-01 period, Corinth had 31 MLS listings, a difference of -4 listings (-11%) versus the prior month and -5 listings (-14%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Corinth (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,450 sqft
2018-02-01 0 days 1,645 sqft
2018-03-01 0 days 1,880 sqft
2018-04-01 0 days 1,880 sqft
2018-05-01 0 days 1,889 sqft
2018-06-01 0 days 1,920 sqft
2018-07-01 0 days 1,937 sqft
2018-08-01 0 days 2,400 sqft
2018-09-01 0 days 2,289 sqft
2018-10-01 0 days 2,052 sqft
2018-11-01 0 days 2,052 sqft
2018-12-01 0 days 2,007 sqft
2019-01-01 0 days 2,004 sqft
2019-02-01 0 days 2,096 sqft
2019-03-01 0 days 2,227 sqft
2019-04-01 0 days 2,400 sqft
2019-05-01 0 days 2,400 sqft
2019-06-01 0 days 2,400 sqft
2019-07-01 0 days 2,362 sqft
2019-08-01 0 days 2,352 sqft
2019-09-01 0 days 2,399 sqft
2019-10-01 0 days 2,401 sqft
2019-11-01 0 days 2,325 sqft
2019-12-01 0 days 2,280 sqft
2020-01-01 0 days 2,260 sqft
2020-02-01 0 days 2,306 sqft
2020-03-01 0 days 2,387 sqft
2020-04-01 0 days 2,432 sqft
2020-05-01 0 days 2,339 sqft
2020-06-01 0 days 2,332 sqft
2020-07-01 0 days 2,352 sqft
2020-08-01 0 days 2,462 sqft
2020-09-01 0 days 2,267 sqft
2020-10-01 0 days 2,562 sqft
2020-11-01 0 days 2,340 sqft
2020-12-01 0 days 2,450 sqft
2021-01-01 0 days 2,400 sqft
2021-02-01 0 days 2,300 sqft
2021-03-01 0 days 2,300 sqft
2021-04-01 0 days 2,488 sqft
2021-05-01 0 days 2,289 sqft
2021-06-01 0 days 2,287 sqft
2021-07-01 0 days 2,200 sqft
2021-08-01 0 days 2,191 sqft
2021-09-01 0 days 1,971 sqft
2021-10-01 0 days 2,108 sqft
2021-11-01 0 days 2,190 sqft
2021-12-01 0 days 2,168 sqft
2022-01-01 0 days 2,140 sqft
2022-02-01 0 days 2,118 sqft
2022-03-01 0 days 1,715 sqft
2022-04-01 0 days 1,718 sqft
2022-05-01 0 days 1,686 sqft
Corinth's median listing age (time on market) for 2022-05-01 was 0 days.

Corinth's median square footage for active listings during the 2022-05-01 period was 1,686 sqft. One year prior, the average listing was 2,289 sqft.