Craig Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Craig averaged 6.45% for the week of 2024-02-15, compared to the national average of 6.77% for the same period.

The average rate for the prior week (2024-02-08) was 6.52% and one month ago for the week of 2024-01-11, the average rate was 6.24%.

Craig's average rate one year ago was 5.7%.

For refis of the same type during the week of 2024-02-15, the average rate was 6.77%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-15 6.77%
Craig 30 Year Fixed Rate 2024-02-15 6.45%
Craig 30 Year Fixed Rate Refi 2024-02-15 6.77%
Craig 15 Year Fixed Rate 2024-02-15 6.02%
Craig 15 Year Fixed Rate Refi 2024-02-15 6.02%
Craig 30 Year FHA 2024-02-15 6.21%
Craig 30 Year FHA Refi 2024-02-15 6.71%
Craig 30 Year USDA 2024-02-15 6.49%
Craig 30 Year USDA Refi 2024-02-15 6.49%
Craig 30 Year VA 2024-02-15 6.46%
Craig 30 Year VA Refi 2024-02-15 6.56%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Craig, CO.

Craig 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 Craig, CO 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
UNITED WHOLESALE MORTGAGE, LLC 29 4.90% $3,828
Bank of Colorado 13 4.62% $3,138
QUICKEN LOANS, LLC 13 4.71% $7,466
NFM, INC. 10 5.39% $4,615
CROSSCOUNTRY MORTGAGE, LLC 7 5.56% $5,201
AMERICAN FINANCING CORPORATION 5 4.38% $5,863
ACADEMY MORTGAGE CORPORATION 5 5.33% $5,478
AMCAP MORTGAGE, LTD. 4 5.00% $5,451
Wells Fargo Bank 4 4.59% $1,756
GUILD MORTGAGE COMPANY 4 4.06% $5,752
AMERISAVE MORTGAGE CORPORATION 3 4.58% $7,632
Mr. Cooper ( Nationstar Mortgage ) 3 4.71% $8,977
LOANDEPOT.COM, LLC 3 4.88% $4,320
BROKER SOLUTIONS, INC. 3 4.21% $6,349
CORNERSTONE HOME LENDING, INC. 2 6.00% $5,690
NEWREZ LLC 2 4.56% $4,667
NAVY FEDERAL CREDIT UNION 2 6.31% $2,280
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.19% $4,218
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 4.87% $5,997
ZILLOW HOME LOANS, LLC 2 5.50% $5,318
Alpine Bank 2 3.88% $3,280
SUMMIT FUNDING, INC. 2 3.38% $6,326
INTEGRITY MORTGAGE & FINANCIAL INCORPORATED 2 4.94% $8,373
UNIVERSAL LENDING CORPORATION 1 5.88% $3,119
U.S. Bank 1 4.88% $2,680
LAKEVIEW LOAN SERVICING, LLC 1 3.99% $4,970
AMERICAN FINANCIAL RESOURCES, INC. 1 4.63% $3,143
Assurance Financial Group, L.L.C. 1 6.88% $3,076
BOKF 1 5.25% $3,392
CALIBER HOME LOANS, INC. 1 3.88% $10,473
CHERRY CREEK MORTGAGE, LLC 1 5.63% $878
CHURCHILL MORTGAGE CORPORATION 1 6.50% $4,162
CMG MORTGAGE, INC. 1 6.50% $13,711
EVERETT FINANCIAL, INC. 1 5.88% $1,776
FINANCE OF AMERICA MORTGAGE LLC 1 4.99% $7,128
FREEDOM MORTGAGE CORPORATION 1 4.25% $4,740
Glacier Bank 1 4.50% $3,172
HOME POINT FINANCIAL CORPORATION 1 4.38% $2,696
LENOX FINANCIAL MORTGAGE CORPORATION 1 3.99% $6,505
Loan Simple, Inc. 1 3.25% $7,888
Meridian Trust Federal Credit Union 1 3.75% $7,170
MOVEMENT MORTGAGE, LLC 1 4.88% $5,428
ON TAP 1 5.38% $4,887
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 3.38% $2,883
Servion, Inc. 1 5.38% $4,887
SOUTHWEST FUNDING, LP 1 5.99% $4,576
Stifel Bank and Trust 1 3.75% $2,278
THRIVENT Federal Credit Union 1 2.88% $3,670

Craig Average Closing Costs & Other Stats

Craig, CO's 48 lenders originated 390 loans during 2022. The total origination value was $82,250,000, with an average loan value of $210,897.

Craig's average closing costs are $5,161.

The top Craig lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 29 loans originated. Their average total fees are $3,828, which is $690 higher than the next largest lender, Bank of Colorado.

The lowest fee Craig lenders (with over 10 loans originated) are Bank of Colorado ($3,138), UNITED WHOLESALE MORTGAGE, LLC ($3,828), NFM, INC. ($4,615), QUICKEN LOANS, LLC ($7,466) and .

The lowest rate Craig lenders (with over 10 loans originated) are Bank of Colorado (4.62%), QUICKEN LOANS, LLC (4.71%), UNITED WHOLESALE MORTGAGE, LLC (4.90%), NFM, INC. (5.39%) and .

Craig, CO 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
UNITED WHOLESALE MORTGAGE, LLC $14,360,000 $9,195,000 -36.0% 11.2%
QUICKEN LOANS, LLC $14,315,000 $5,955,000 -58.4% 7.2%
Bank of Colorado $8,075,000 $5,630,000 -30.3% 6.8%
AMCAP MORTGAGE, LTD. $5,470,000 $5,125,000 -6.3% 6.2%
NFM, INC. $4,905,000 n/a 6.0%
Glacier Bank $1,545,000 $3,755,000 143.0% 4.6%
ACADEMY MORTGAGE CORPORATION $1,875,000 $2,905,000 54.9% 3.5%
CROSSCOUNTRY MORTGAGE, LLC $2,855,000 n/a 3.5%
Mortgage Research Center, LLC $1,170,000 $2,040,000 74.4% 2.5%
FirstBank $1,465,000 $2,035,000 38.9% 2.5%
AMERICAN FINANCING CORPORATION $3,455,000 $1,955,000 -43.4% 2.4%
GUILD MORTGAGE COMPANY $16,665,000 $1,880,000 -88.7% 2.3%
Mr. Cooper ( Nationstar Mortgage ) $1,315,000 $1,415,000 7.6% 1.7%
LOANDEPOT.COM, LLC $1,330,000 $1,365,000 2.6% 1.7%
BROKER SOLUTIONS, INC. $855,000 $1,305,000 52.6% 1.6%
FREEDOM MORTGAGE CORPORATION $4,365,000 $1,205,000 -72.4% 1.5%
NEWREZ LLC $3,625,000 $1,180,000 -67.4% 1.4%
AMERISAVE MORTGAGE CORPORATION $1,120,000 $1,155,000 3.1% 1.4%
Wells Fargo Bank $1,805,000 $1,075,000 -40.4% 1.3%
HOME POINT FINANCIAL CORPORATION $2,160,000 $1,070,000 -50.5% 1.3%
NAVY FEDERAL CREDIT UNION $420,000 $885,000 110.7% 1.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $945,000 $820,000 -13.2% 1.0%
BAY EQUITY LLC $6,395,000 $810,000 -87.3% 1.0%
Alpine Bank $805,000 n/a 1.0%
PENNYMAC LOAN SERVICES, LLC $1,085,000 $775,000 -28.6% 0.9%
CORNERSTONE HOME LENDING, INC. $725,000 $670,000 -7.6% 0.8%
SUMMIT FUNDING, INC. $645,000 n/a 0.8%
CHERRY CREEK MORTGAGE, LLC $2,410,000 $625,000 -74.1% 0.8%
UNIVERSAL LENDING CORPORATION $315,000 $580,000 84.1% 0.7%
LAKEVIEW LOAN SERVICING, LLC $595,000 $555,000 -6.7% 0.7%
CALIBER HOME LOANS, INC. $5,245,000 $550,000 -89.5% 0.7%
U.S. Bank $505,000 $490,000 -3.0% 0.6%
Stifel Bank and Trust $455,000 n/a 0.6%
The Home Loan Expert LLC $455,000 n/a 0.6%
INTEGRITY MORTGAGE & FINANCIAL INCORPORATED $165,000 $450,000 172.7% 0.5%
NBH Bank $415,000 n/a 0.5%
ZILLOW HOME LOANS, LLC $195,000 $410,000 110.3% 0.5%
CMG MORTGAGE, INC. $895,000 $405,000 -54.7% 0.5%
CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION $245,000 $405,000 65.3% 0.5%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $390,000 n/a 0.5%
Loan Simple, Inc. $275,000 $375,000 36.4% 0.5%
LENOX FINANCIAL MORTGAGE CORPORATION $365,000 n/a 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $900,000 $360,000 -60.0% 0.4%
GENEVA FINANCIAL, LLC $355,000 n/a 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,155,000 $345,000 -84.0% 0.4%
GUARANTEED RATE, INC. $660,000 $345,000 -47.7% 0.4%
THRIVENT Federal Credit Union $345,000 n/a 0.4%
21ST MORTGAGE CORPORATION $60,000 $310,000 416.7% 0.4%
SECURITYNATIONAL MORTGAGE COMPANY $305,000 n/a 0.4%
ON TAP $295,000 n/a 0.4%
Servion, Inc. $295,000 n/a 0.4%
Assurance Financial Group, L.L.C. $285,000 n/a 0.3%
First Interstate Bank $195,000 $275,000 41.0% 0.3%
Nations Lending Corporation $435,000 $270,000 -37.9% 0.3%
AMERICAN PACIFIC MORTGAGE CORPORATION $155,000 $255,000 64.5% 0.3%
EVERETT FINANCIAL, INC. $255,000 n/a 0.3%
JLB CORPORATION $245,000 n/a 0.3%
Meridian Trust Federal Credit Union $245,000 n/a 0.3%
CHURCHILL MORTGAGE CORPORATION $235,000 n/a 0.3%
TOWNE MORTGAGE COMPANY $235,000 n/a 0.3%
Bank of the West $585,000 $225,000 -61.5% 0.3%
REVERSE MORTGAGE FUNDING LLC $215,000 n/a 0.3%
Carrington Mortgage Services, LLC $405,000 $210,000 -48.1% 0.3%
BOKF $250,000 $205,000 -18.0% 0.2%
FINANCE OF AMERICA MORTGAGE LLC $205,000 n/a 0.2%
Flagstar Bank, FSB $330,000 $205,000 -37.9% 0.2%
Grand Valley Bank $205,000 n/a 0.2%
SOUTHWEST FUNDING, LP $205,000 n/a 0.2%
CITY FIRST MORTGAGE SERVICES, L.L.C. $195,000 n/a 0.2%
MEGASTAR FINANCIAL CORP. $325,000 $195,000 -40.0% 0.2%
Bank of America $505,000 $185,000 -63.4% 0.2%
Kwik Mortgage Corporation $185,000 n/a 0.2%
LADERA LENDING, INC. $185,000 n/a 0.2%
PLANET HOME LENDING, LLC $185,000 n/a 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $245,000 $185,000 -24.5% 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $465,000 $175,000 -62.4% 0.2%
NEW DAY FINANCIAL, LLC $105,000 $155,000 47.6% 0.2%
Northpointe Bank $665,000 $155,000 -76.7% 0.2%
Figure Lending LLC $130,000 n/a 0.2%
CREDIT HUMAN FEDERAL CREDIT UNION $15,000 $125,000 733.3% 0.2%
MOVEMENT MORTGAGE, LLC $125,000 n/a 0.2%
FINANCE OF AMERICA REVERSE LLC $115,000 n/a 0.1%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $115,000 n/a 0.1%
The Huntington National Bank $110,000 n/a 0.1%
WINGS FINANCIAL $105,000 n/a 0.1%
BELLCO $55,000 $100,000 81.8% 0.1%
AIR ACADEMY $240,000 $75,000 -68.8% 0.1%
MOUNTAIN AMERICA $75,000 n/a 0.1%
AMERICAN ADVISORS GROUP $65,000 n/a 0.1%
SECURITY SERVICE $75,000 $65,000 -13.3% 0.1%
Utah Power $60,000 n/a 0.1%
Sooper Credit Union $55,000 n/a 0.1%
Third Federal Savings and Loan Association of Cleveland $55,000 n/a 0.1%
Zions Bancorporation, N.A. $345,000 $45,000 -87.0% 0.1%
PENTAGON FEDERAL CREDIT UNION $35,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $15,000 n/a 0.0%

Craig's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 11.2% market share. In second place, with 7.2%, is QUICKEN LOANS, LLC, having originated $5,955,000 in loans. In third place, with 6.8%, is Bank of Colorado, having originated $5,630,000 in loans. In fourth place, with 6.2%, is AMCAP MORTGAGE, LTD., having originated $5,125,000 in loans. In fifth place, with 6.0%, is NFM, INC., having originated $4,905,000 in loans.


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

Realtor.com - Craig (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 $177,875 (7.9%) $208,721 (7.4%) 0.00 94
2018-02-01 $169,000 (4.1%) $194,448 (-0.2%) 0.00 93
2018-03-01 $169,000 (1.2%) $200,953 (-1.7%) 0.00 91
2018-04-01 $183,500 (8.3%) $212,223 (1.6%) 0.00 88
2018-05-01 $178,700 (5.2%) $205,688 (-1.4%) 0.00 109
2018-06-01 $189,000 (8.0%) $208,219 (-0.3%) 0.00 136
2018-07-01 $186,700 (3.8%) $208,788 (1.0%) 0.00 139
2018-08-01 $177,450 (0.3%) $211,250 (2.3%) 0.00 146
2018-09-01 $174,900 (-2.4%) $208,931 (0.5%) 0.00 133
2018-10-01 $179,675 (0.7%) $215,229 (6.7%) 0.00 119
2018-11-01 $179,950 (0.1%) $264,762 (31.3%) 0.00 105
2018-12-01 $169,500 (-5.7%) $259,283 (23.5%) 0.00 93
2019-01-01 $159,900 (-10.1%) $239,451 (14.7%) 0.00 91
2019-02-01 $157,925 (-6.6%) $240,781 (23.8%) 0.00 87
2019-03-01 $173,514 (2.7%) $261,777 (30.3%) 0.00 95
2019-04-01 $189,500 (3.3%) $283,910 (33.8%) 0.00 103
2019-05-01 $202,400 (13.3%) $293,331 (42.6%) 0.00 112
2019-06-01 $195,500 (3.4%) $276,675 (32.9%) 0.00 122
2019-07-01 $199,900 (7.1%) $274,814 (31.6%) 0.00 136
2019-08-01 $201,277 (13.4%) $269,696 (27.7%) 0.00 143
2019-09-01 $203,343 (16.3%) $261,219 (25.0%) 0.00 140
2019-10-01 $202,195 (12.5%) $256,425 (19.1%) 0.00 135
2019-11-01 $212,000 (17.8%) $263,282 (-0.6%) 0.00 146
2019-12-01 $209,900 (23.8%) $268,678 (3.6%) 0.00 130
2020-01-01 $214,750 (34.3%) $270,997 (13.2%) 0.00 118
2020-02-01 $222,000 (40.6%) $268,896 (11.7%) 0.00 127
2020-03-01 $204,900 (18.1%) $252,359 (-3.6%) 0.00 137
2020-04-01 $209,950 (10.8%) $238,841 (-15.9%) 0.00 132
2020-05-01 $219,500 (8.5%) $240,907 (-17.9%) 0.00 156
2020-06-01 $217,000 (11.0%) $252,960 (-8.6%) 0.00 165
2020-07-01 $219,900 (10.0%) $259,273 (-5.7%) 0.00 174
2020-08-01 $220,000 (9.3%) $262,649 (-2.6%) 0.00 173
2020-09-01 $223,700 (10.0%) $272,913 (4.5%) 0.00 173
2020-10-01 $229,700 (13.6%) $284,350 (10.9%) 0.00 170
2020-11-01 $237,450 (12.0%) $304,279 (15.6%) 0.00 130
2020-12-01 $255,300 (21.6%) $322,469 (20.0%) 0.00 107
2021-01-01 $264,950 (23.4%) $311,355 (14.9%) 0.00 88
2021-02-01 $255,400 (15.1%) $310,114 (15.3%) 0.00 84
2021-03-01 $256,450 (25.2%) $319,782 (26.7%) 0.00 88
2021-04-01 $249,900 (19.0%) $307,879 (28.9%) 0.00 101
2021-05-01 $244,000 (11.2%) $315,085 (30.8%) 0.00 111
2021-06-01 $240,000 (10.6%) $314,726 (24.4%) 0.00 102
2021-07-01 $249,500 (13.5%) $304,493 (17.4%) 0.00 95
2021-08-01 $262,400 (19.3%) $304,358 (15.9%) 0.00 97
2021-09-01 $261,200 (16.8%) $429,698 (57.5%) 0.00 96
2021-10-01 $252,500 (9.9%) $454,195 (59.7%) 0.00 87
2021-11-01 $249,925 (5.3%) $475,346 (56.2%) 0.00 81
2021-12-01 $249,125 (-2.4%) $515,618 (59.9%) 0.00 66
2022-01-01 $239,900 (-9.5%) $536,194 (72.2%) 0.00 58
2022-02-01 $260,000 (1.8%) $559,059 (80.3%) 0.00 55
2022-03-01 $276,750 (7.9%) $481,910 (50.7%) 0.00 56
2022-04-01 $275,000 (10.0%) $378,920 (23.1%) 0.00 64
2022-05-01 $284,950 (16.8%) $358,908 (13.9%) 0.00 76
2022-06-01 $306,200 (27.6%) $376,460 (19.6%) 0.00 74
2022-07-01 $329,900 (32.2%) $419,199 (37.7%) 0.00 70
2022-08-01 $330,425 (25.9%) $404,801 (33.0%) 0.00 86
2022-09-01 $329,450 (26.1%) $420,928 (-2.0%) 0.00 81
2022-10-01 $325,000 (28.7%) $440,551 (-3.0%) 0.00 68
2022-11-01 $299,900 (20.0%) $425,123 (-10.6%) 0.00 62
2022-12-01 $295,000 (18.4%) $436,679 (-15.3%) 0.00 54
2023-01-01 $295,000 (23.0%) $456,844 (-14.8%) 0.00 40
2023-02-01 $326,000 (25.4%) $494,395 (-11.6%) 0.00 36
2023-03-01 $296,750 (7.2%) $442,723 (-8.1%) 0.00 45
2023-04-01 $280,000 (1.8%) $385,552 (1.8%) 0.00 53
2023-05-01 $331,000 (16.2%) $388,931 (8.4%) 0.00 66
2023-06-01 $349,225 (14.1%) $489,516 (30.0%) 0.00 80
2023-07-01 $344,900 (4.6%) $483,358 (15.3%) 0.00 92
2023-08-01 $351,225 (6.3%) $467,020 (15.4%) 0.00 106
2023-09-01 $349,900 (6.2%) $551,301 (31.0%) 0.00 90
2023-10-01 $319,950 (-1.6%) $528,658 (20.0%) 0.00 78
2023-11-01 $322,400 (7.5%) $520,795 (22.5%) 0.00 68
Craig's median listing price for 2023-11-01 was $322,400, a difference of $22,500 (7.5%) versus the prior year and $2,450 versus the prior month.

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

Craig's average listing price for 2023-11-01 was $520,795, a difference of $95,672 (22.5%) versus the prior year and $-7,863 versus the prior month.

For the 2023-11-01 period, Craig had 68 MLS listings, a difference of -10 listings (-13%) versus the prior month and 6 listings (10%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Craig (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,689 sqft
2018-02-01 0 days 1,620 sqft
2018-03-01 0 days 1,608 sqft
2018-04-01 0 days 1,686 sqft
2018-05-01 0 days 1,629 sqft
2018-06-01 0 days 1,680 sqft
2018-07-01 0 days 1,678 sqft
2018-08-01 0 days 1,623 sqft
2018-09-01 0 days 1,596 sqft
2018-10-01 0 days 1,622 sqft
2018-11-01 0 days 1,613 sqft
2018-12-01 0 days 1,582 sqft
2019-01-01 0 days 1,620 sqft
2019-02-01 0 days 1,625 sqft
2019-03-01 0 days 1,638 sqft
2019-04-01 0 days 1,652 sqft
2019-05-01 0 days 1,691 sqft
2019-06-01 0 days 1,666 sqft
2019-07-01 0 days 1,692 sqft
2019-08-01 0 days 1,706 sqft
2019-09-01 0 days 1,722 sqft
2019-10-01 0 days 1,737 sqft
2019-11-01 0 days 1,840 sqft
2019-12-01 0 days 1,849 sqft
2020-01-01 0 days 1,925 sqft
2020-02-01 0 days 1,960 sqft
2020-03-01 0 days 1,916 sqft
2020-04-01 0 days 1,926 sqft
2020-05-01 0 days 1,849 sqft
2020-06-01 0 days 1,811 sqft
2020-07-01 0 days 1,849 sqft
2020-08-01 0 days 1,848 sqft
2020-09-01 0 days 1,868 sqft
2020-10-01 0 days 1,872 sqft
2020-11-01 0 days 1,953 sqft
2020-12-01 0 days 2,000 sqft
2021-01-01 0 days 1,975 sqft
2021-02-01 0 days 1,988 sqft
2021-03-01 0 days 2,000 sqft
2021-04-01 0 days 2,000 sqft
2021-05-01 0 days 1,920 sqft
2021-06-01 0 days 1,830 sqft
2021-07-01 0 days 1,840 sqft
2021-08-01 0 days 1,836 sqft
2021-09-01 0 days 1,800 sqft
2021-10-01 0 days 1,732 sqft
2021-11-01 0 days 1,616 sqft
2021-12-01 0 days 1,572 sqft
2022-01-01 0 days 1,473 sqft
2022-02-01 0 days 1,557 sqft
2022-03-01 0 days 1,832 sqft
2022-04-01 0 days 1,632 sqft
2022-05-01 0 days 1,705 sqft
2022-06-01 0 days 1,839 sqft
2022-07-01 0 days 1,920 sqft
2022-08-01 0 days 1,971 sqft
2022-09-01 0 days 1,902 sqft
2022-10-01 0 days 1,848 sqft
2022-11-01 0 days 1,961 sqft
2022-12-01 0 days 1,920 sqft
2023-01-01 0 days 1,706 sqft
2023-02-01 0 days 1,812 sqft
2023-03-01 0 days 1,624 sqft
2023-04-01 0 days 1,394 sqft
2023-05-01 0 days 1,581 sqft
2023-06-01 0 days 1,732 sqft
2023-07-01 0 days 1,705 sqft
2023-08-01 0 days 1,728 sqft
2023-09-01 0 days 1,773 sqft
2023-10-01 0 days 1,575 sqft
2023-11-01 0 days 1,488 sqft
Craig's median listing age (time on market) for 2023-11-01 was 0 days.

Craig's median square footage for active listings during the 2023-11-01 period was 1,488 sqft. One year prior, the average listing was 1,961 sqft.

Craig, CO Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 225 $51,585,000 $229,267
Cash Out Refi 84 $17,830,000 $212,262
Refi 42 $9,700,000 $230,952
Other 23 $2,185,000 $95,000
Home Improvement 16 $950,000 $59,375

Craig's most frequently cited loan purpose was Home Purchase, with 225 originations. The 2nd most popular reason was Cash Out Refi, with 84 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 106 $26,890,000 $253,679
3-4% 88 $18,070,000 $205,341
4-5% 80 $18,000,000 $225,000
6-7% 39 $8,775,000 $225,000
2.5-3% 26 $5,650,000 $217,308
Over 8% 23 $955,000 $41,522
<2.5% 14 $720,000 $51,429
7-8% 8 $1,720,000 $215,000

During 2022, Craig's most frequently originated rate bucket was 5-6%, with 106 originations.

Loan Sizing (Craig, CO MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 176 $47,220,000 $268,295
$100k-200k 118 $18,570,000 $157,373
$100,000 or less 75 $3,235,000 $43,133
$400k-600k 17 $7,795,000 $458,529
$600k-1000k 2 $1,480,000 $740,000
$Over $1MM 2 $3,950,000 $1,975,000

Craig's loan sizing saw the bucket of loans from $200k-400k with 176 originations, totaling $47,220,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 182 $42,490,000 $233,462
60-80% 95 $24,195,000 $254,684
40-60% 36 $8,710,000 $241,944
Under 20% 35 $985,000 $28,143
20-40% 32 $3,390,000 $105,938
Over 100% 2 $610,000 $305,000

Craig's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 182 originations, totaling $42,490,000 in origination value.