Crescent City Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Crescent City averaged
6.34%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
6.14% and
one month ago for the week of 2024-09-05, the
average rate was 6.77%.
Crescent City's average rate one year ago was 7.61%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.72%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Crescent City 30 Year Fixed Rate | 2024-10-10 | 6.34% |
Crescent City 30 Year Fixed Rate Refi | 2024-10-10 | 6.72% |
Crescent City 15 Year Fixed Rate | 2024-10-10 | 5.31% |
Crescent City 15 Year Fixed Rate Refi | 2024-10-10 | 5.71% |
Crescent City 30 Year FHA | 2024-10-10 | 5.9% |
Crescent City 30 Year FHA Refi | 2024-10-10 | 6.3% |
Crescent City 30 Year USDA | 2024-10-10 | 6.18% |
Crescent City 30 Year USDA Refi | 2024-10-10 | 6.28% |
Crescent City 30 Year VA | 2024-10-10 | 5.75% |
Crescent City 30 Year VA Refi | 2024-10-10 | 5.95% |
Crescent City 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 Crescent City, CA 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.).
Crescent City Average Closing Costs & Other Stats
Crescent City, CA's 39 lenders originated 268
loans during 2023. The total origination value was $74,290,000, with an average loan value of
$277,201.
Crescent City's average closing costs are $6,332.
The top Crescent City lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
26 loans originated. Their average total fees are
$6,843, which is $838
lower than the next largest lender,
ACADEMY MORTGAGE CORPORATION.
The lowest fee Crescent City lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC ($6,736), UNITED WHOLESALE MORTGAGE, LLC ($6,843), ACADEMY MORTGAGE CORPORATION ($7,682), .
The lowest rate Crescent City lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC (6.77%), QUICKEN LOANS, LLC (6.90%), ACADEMY MORTGAGE CORPORATION (6.93%), .
Crescent City, CA 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 |
---|---|---|---|---|
UNITED WHOLESALE MORTGAGE, LLC | $12,390,000 | $12,755,000 | 2.9% | 17.2% |
ACADEMY MORTGAGE CORPORATION | $1,510,000 | $8,130,000 | 438.4% | 10.9% |
QUICKEN LOANS, LLC | $11,465,000 | $4,870,000 | -57.5% | 6.6% |
Citibank | $965,000 | $3,505,000 | 263.2% | 4.7% |
Tri Counties Bank | $4,260,000 | $3,410,000 | -20.0% | 4.6% |
MASON MCDUFFIE MORTGAGE CORPORATION | $2,025,000 | $3,205,000 | 58.3% | 4.3% |
Century Mortgage Company DBA Century Lending Company | $2,560,000 | n/a | 3.4% | |
U.S. Bank | $3,390,000 | $2,075,000 | -38.8% | 2.8% |
SUMMIT FUNDING, INC. | $8,145,000 | $1,715,000 | -78.9% | 2.3% |
Mortgage Research Center, LLC | $1,640,000 | $1,290,000 | -21.3% | 1.7% |
GUILD MORTGAGE COMPANY | $870,000 | $1,270,000 | 46.0% | 1.7% |
Carrington Mortgage Services, LLC | $300,000 | $1,150,000 | 283.3% | 1.5% |
PENNYMAC LOAN SERVICES, LLC | $2,655,000 | $915,000 | -65.5% | 1.2% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $245,000 | $855,000 | 249.0% | 1.2% |
JPMorgan Chase Bank | $2,080,000 | $835,000 | -59.9% | 1.1% |
Umpqua Bank | $3,460,000 | $830,000 | -76.0% | 1.1% |
USAA Federal Savings Bank | $995,000 | $810,000 | -18.6% | 1.1% |
Fremont Bank | $460,000 | $775,000 | 68.5% | 1.0% |
AMERICAN FINANCIAL RESOURCES, INC. | $770,000 | n/a | 1.0% | |
Commerce Home Mortgage, Inc. | $770,000 | n/a | 1.0% | |
CMG MORTGAGE, INC. | $385,000 | $700,000 | 81.8% | 0.9% |
First International Bank & Trust | $695,000 | n/a | 0.9% | |
Paramount Residential Mortgage Group, Inc. | $125,000 | $690,000 | 452.0% | 0.9% |
MID AMERICA MORTGAGE, INC. | $950,000 | $560,000 | -41.1% | 0.8% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $570,000 | $525,000 | -7.9% | 0.7% |
LAND HOME FINANCIAL SERVICES, INC. | $475,000 | n/a | 0.6% | |
EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $560,000 | $460,000 | -17.9% | 0.6% |
LOANDEPOT.COM, LLC | $4,210,000 | $450,000 | -89.3% | 0.6% |
NATIONS DIRECT MORTGAGE, LLC | $385,000 | $450,000 | 16.9% | 0.6% |
CANOPY MORTGAGE, LLC | $285,000 | $435,000 | 52.6% | 0.6% |
V.I.P. MORTGAGE, INC. | $435,000 | n/a | 0.6% | |
First National Bank of America | $415,000 | n/a | 0.6% | |
THE GOLDEN 1 | $945,000 | $415,000 | -56.1% | 0.6% |
OCMBC, INC. | $405,000 | n/a | 0.5% | |
ALAMEDA MORTGAGE CORPORATION | $395,000 | n/a | 0.5% | |
Wells Fargo Bank | $1,590,000 | $395,000 | -75.2% | 0.5% |
PENTAGON FEDERAL CREDIT UNION | $325,000 | $385,000 | 18.5% | 0.5% |
RESIDENTIAL WHOLESALE MORTGAGE, INC. | $385,000 | n/a | 0.5% | |
Sierra Pacific Mortgage Company, Inc. | $2,450,000 | $385,000 | -84.3% | 0.5% |
ROGUE | $1,375,000 | $375,000 | -72.7% | 0.5% |
FREEDOM MORTGAGE CORPORATION | $1,175,000 | $360,000 | -69.4% | 0.5% |
FIRST CENTENNIAL MORTGAGE CORPORATION | $355,000 | n/a | 0.5% | |
VERITAS FUNDING, LLC | $355,000 | n/a | 0.5% | |
The Loan Store, Inc. | $325,000 | n/a | 0.4% | |
NAVY FEDERAL CREDIT UNION | $960,000 | $310,000 | -67.7% | 0.4% |
Franklin Loan Corporation | $305,000 | n/a | 0.4% | |
LADERA LENDING, INC. | $305,000 | n/a | 0.4% | |
TOP FLITE FINANCIAL, INC. | $305,000 | n/a | 0.4% | |
M&T Bank | $295,000 | n/a | 0.4% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $995,000 | $290,000 | -70.9% | 0.4% |
VILLAGE CAPITAL MORTGAGE | $285,000 | n/a | 0.4% | |
A&D Mortgage LLC | $460,000 | $275,000 | -40.2% | 0.4% |
RANLIFE, INC. | $295,000 | $265,000 | -10.2% | 0.4% |
FIRST ALLIANCE HOME MORTGAGE, LLC | $255,000 | n/a | 0.3% | |
The Federal Savings Bank | $295,000 | $255,000 | -13.6% | 0.3% |
SOUTHWEST STAGE FUNDING, LLC | $245,000 | n/a | 0.3% | |
Ameris Bank | $235,000 | n/a | 0.3% | |
EMM LOANS LLC | $215,000 | n/a | 0.3% | |
Equity Prime Mortgage LLC | $235,000 | $210,000 | -10.6% | 0.3% |
Sierra Central Credit Union | $205,000 | n/a | 0.3% | |
STAR ONE CREDIT UNION | $205,000 | n/a | 0.3% | |
TRIAD FINANCIAL SERVICES, INC. | $205,000 | n/a | 0.3% | |
ALL REVERSE MORTGAGE, INC. | $185,000 | n/a | 0.2% | |
LONGBRIDGE FINANCIAL, LLC | $515,000 | $185,000 | -64.1% | 0.2% |
DEEPHAVEN MORTGAGE LLC | $165,000 | n/a | 0.2% | |
Third Federal Savings and Loan Association of Cleveland | $160,000 | n/a | 0.2% | |
Mr. Cooper ( Nationstar Mortgage ) | $725,000 | $155,000 | -78.6% | 0.2% |
AMERICAN FINANCING CORPORATION | $510,000 | $145,000 | -71.6% | 0.2% |
NMSI, INC. | $145,000 | n/a | 0.2% | |
FINANCE OF AMERICA REVERSE LLC | $135,000 | n/a | 0.2% | |
ALLIANT CREDIT UNION | $125,000 | n/a | 0.2% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $75,000 | $105,000 | 40.0% | 0.1% |
Discover Bank | $85,000 | n/a | 0.1% | |
Wallick & Volk, Inc. | $85,000 | n/a | 0.1% | |
Figure Lending LLC | $45,000 | $80,000 | 77.8% | 0.1% |
Coastal Community Bank | $70,000 | n/a | 0.1% | |
21ST MORTGAGE CORPORATION | $200,000 | $65,000 | -67.5% | 0.1% |
PNC Bank | $1,240,000 | $55,000 | -95.6% | 0.1% |
REDWOOD | $340,000 | $55,000 | -83.8% | 0.1% |
PACIFIC SERVICE | $35,000 | n/a | 0.0% | |
Bank of America | $570,000 | $25,000 | -95.6% | 0.0% |
Crescent City's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 17.2% market share. In second place, with 10.9%, is ACADEMY MORTGAGE CORPORATION, having originated $8,130,000 in loans. In third place, with 6.6%, is QUICKEN LOANS, LLC, having originated $4,870,000 in loans. In fourth place, with 4.7%, is Citibank, having originated $3,505,000 in loans. In fifth place, with 4.6%, is Tri Counties Bank, having originated $3,410,000 in loans.
Crescent City Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Crescent City (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $289,000 (6.1%) | $325,733 (-5.3%) | 0.00 | 116 |
2018-02-01 | $287,375 (3.0%) | $329,301 (-4.0%) | 0.00 | 102 |
2018-03-01 | $299,500 (8.9%) | $338,333 (1.7%) | 0.00 | 101 |
2018-04-01 | $297,000 (9.0%) | $330,799 (-2.4%) | 0.00 | 107 |
2018-05-01 | $317,125 (13.7%) | $360,822 (5.7%) | 0.00 | 125 |
2018-06-01 | $315,000 (6.4%) | $385,132 (8.1%) | 0.00 | 109 |
2018-07-01 | $299,000 (-8.8%) | $380,856 (2.6%) | 0.00 | 114 |
2018-08-01 | $285,000 (-11.6%) | $365,400 (3.4%) | 0.00 | 109 |
2018-09-01 | $315,000 (7.9%) | $378,960 (10.6%) | 0.00 | 104 |
2018-10-01 | $298,500 (3.3%) | $379,939 (10.9%) | 0.00 | 99 |
2018-11-01 | $304,750 (7.0%) | $390,729 (18.5%) | 0.00 | 95 |
2018-12-01 | $347,000 (21.4%) | $416,465 (30.6%) | 0.00 | 93 |
2019-01-01 | $355,000 (22.8%) | $417,285 (28.1%) | 0.00 | 101 |
2019-02-01 | $355,000 (23.5%) | $438,539 (33.2%) | 0.00 | 107 |
2019-03-01 | $366,429 (22.4%) | $464,580 (37.3%) | 0.00 | 100 |
2019-04-01 | $379,000 (27.6%) | $482,761 (45.9%) | 0.00 | 93 |
2019-05-01 | $370,500 (16.8%) | $471,644 (30.7%) | 0.00 | 100 |
2019-06-01 | $361,500 (14.8%) | $471,379 (22.4%) | 0.00 | 102 |
2019-07-01 | $370,750 (24.0%) | $488,325 (28.2%) | 0.00 | 115 |
2019-08-01 | $360,623 (26.5%) | $475,142 (30.0%) | 0.00 | 126 |
2019-09-01 | $351,807 (11.7%) | $462,072 (21.9%) | 0.00 | 135 |
2019-10-01 | $345,930 (15.9%) | $448,265 (18.0%) | 0.00 | 142 |
2019-11-01 | $350,000 (14.9%) | $447,067 (14.4%) | 0.00 | 122 |
2019-12-01 | $382,750 (10.3%) | $457,687 (9.9%) | 0.00 | 123 |
2020-01-01 | $389,000 (9.6%) | $487,007 (16.7%) | 0.00 | 106 |
2020-02-01 | $385,000 (8.5%) | $495,862 (13.1%) | 0.00 | 104 |
2020-03-01 | $378,375 (3.3%) | $467,517 (0.6%) | 0.00 | 119 |
2020-04-01 | $382,500 (0.9%) | $474,606 (-1.7%) | 0.00 | 112 |
2020-05-01 | $389,000 (5.0%) | $480,161 (1.8%) | 0.00 | 108 |
2020-06-01 | $393,725 (8.9%) | $507,767 (7.7%) | 0.00 | 103 |
2020-07-01 | $375,000 (1.2%) | $454,645 (-6.9%) | 0.00 | 142 |
2020-08-01 | $375,000 (4.0%) | $453,988 (-4.5%) | 0.00 | 145 |
2020-09-01 | $381,663 (8.5%) | $451,755 (-2.2%) | 0.00 | 129 |
2020-10-01 | $394,000 (13.9%) | $475,536 (6.1%) | 0.00 | 111 |
2020-11-01 | $389,000 (11.1%) | $579,775 (29.7%) | 0.00 | 110 |
2020-12-01 | $389,000 (1.6%) | $603,147 (31.8%) | 0.00 | 97 |
2021-01-01 | $387,413 (-0.4%) | $614,168 (26.1%) | 0.00 | 75 |
2021-02-01 | $361,250 (-6.2%) | $638,472 (28.8%) | 0.00 | 74 |
2021-03-01 | $367,250 (-2.9%) | $640,719 (37.1%) | 0.00 | 73 |
2021-04-01 | $375,000 (-2.0%) | $639,485 (34.7%) | 0.00 | 71 |
2021-05-01 | $395,900 (1.8%) | $502,365 (4.6%) | 0.00 | 68 |
2021-06-01 | $399,250 (1.4%) | $519,927 (2.4%) | 0.00 | 84 |
2021-07-01 | $399,000 (6.4%) | $529,480 (16.5%) | 0.00 | 86 |
2021-08-01 | $425,000 (13.3%) | $521,460 (14.9%) | 0.00 | 104 |
2021-09-01 | $403,175 (5.6%) | $513,910 (13.8%) | 0.00 | 102 |
2021-10-01 | $395,450 (0.4%) | $515,403 (8.4%) | 0.00 | 100 |
2021-11-01 | $399,000 (2.6%) | $510,674 (-11.9%) | 0.00 | 86 |
2021-12-01 | $411,500 (5.8%) | $536,651 (-11.0%) | 0.00 | 74 |
2022-01-01 | $411,500 (6.2%) | $509,179 (-17.1%) | 0.00 | 70 |
2022-02-01 | $422,475 (17.0%) | $541,231 (-15.2%) | 0.00 | 69 |
2022-03-01 | $415,625 (13.2%) | $517,452 (-19.2%) | 0.00 | 78 |
2022-04-01 | $410,000 (9.3%) | $502,143 (-21.5%) | 0.00 | 77 |
2022-05-01 | $449,750 (13.6%) | $522,386 (4.0%) | 0.00 | 79 |
2022-06-01 | $454,500 (13.8%) | $534,914 (2.9%) | 0.00 | 87 |
2022-07-01 | $449,500 (12.7%) | $536,266 (1.3%) | 0.00 | 97 |
2022-08-01 | $456,950 (7.5%) | $553,172 (6.1%) | 0.00 | 86 |
2022-09-01 | $449,225 (11.4%) | $546,743 (6.4%) | 0.00 | 73 |
2022-10-01 | $437,000 (10.5%) | $552,114 (7.1%) | 0.00 | 70 |
2022-11-01 | $401,450 (0.6%) | $523,568 (2.5%) | 0.00 | 65 |
2022-12-01 | $427,500 (3.9%) | $540,027 (0.6%) | 0.00 | 63 |
2023-01-01 | $416,475 (1.2%) | $542,889 (6.6%) | 0.00 | 68 |
2023-02-01 | $423,250 (0.2%) | $541,974 (0.1%) | 0.00 | 67 |
2023-03-01 | $457,725 (10.1%) | $587,677 (13.6%) | 0.00 | 70 |
2023-04-01 | $435,750 (6.3%) | $559,658 (11.5%) | 0.00 | 82 |
2023-05-01 | $447,450 (-0.5%) | $585,877 (12.2%) | 0.00 | 78 |
2023-06-01 | $476,200 (4.8%) | $589,124 (10.1%) | 0.00 | 80 |
2023-07-01 | $444,500 (-1.1%) | $591,979 (10.4%) | 0.00 | 86 |
2023-08-01 | $439,500 (-3.8%) | $605,387 (9.4%) | 0.00 | 85 |
2023-09-01 | $449,000 (-0.1%) | $606,565 (10.9%) | 0.00 | 86 |
2023-10-01 | $458,500 (4.9%) | $613,036 (11.0%) | 0.00 | 88 |
2023-11-01 | $466,000 (16.1%) | $603,389 (15.3%) | 0.00 | 88 |
2023-12-01 | $449,000 (5.0%) | $589,671 (9.2%) | 0.00 | 87 |
2024-01-01 | $475,750 (14.2%) | $576,258 (6.2%) | 0.00 | 87 |
2024-02-01 | $484,250 (14.4%) | $564,123 (4.1%) | 0.00 | 79 |
2024-03-01 | $489,900 (7.0%) | $611,533 (4.1%) | 0.00 | 80 |
2024-04-01 | $499,999 (14.7%) | $620,956 (11.0%) | 0.00 | 88 |
2024-05-01 | $517,500 (15.7%) | $635,541 (8.5%) | 0.00 | 96 |
2024-06-01 | $488,750 (2.6%) | $612,594 (4.0%) | 0.00 | 106 |
2024-07-01 | $475,500 (7.0%) | $587,856 (-0.7%) | 0.00 | 112 |
2024-08-01 | $439,000 (-0.1%) | $568,645 (-6.1%) | 0.00 | 117 |
2024-09-01 | $444,125 (-1.1%) | $582,608 (-4.0%) | 0.00 | 113 |
Crescent City's median listing price comes in at 0% of the national average.
Crescent City's average listing price for 2024-09-01 was $582,608, a difference of $-23,957 (-4.0%) versus the prior year and $13,963 versus the prior month.
For the 2024-09-01 period, Crescent City had 113 MLS listings, a difference of -4 listings (-3%) versus the prior month and 27 listings (31%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Crescent City (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,733 sqft |
2018-02-01 | 0 days | 1,756 sqft |
2018-03-01 | 0 days | 1,844 sqft |
2018-04-01 | 0 days | 1,842 sqft |
2018-05-01 | 0 days | 1,849 sqft |
2018-06-01 | 0 days | 1,878 sqft |
2018-07-01 | 0 days | 1,801 sqft |
2018-08-01 | 0 days | 1,715 sqft |
2018-09-01 | 0 days | 1,698 sqft |
2018-10-01 | 0 days | 1,560 sqft |
2018-11-01 | 0 days | 1,560 sqft |
2018-12-01 | 0 days | 1,580 sqft |
2019-01-01 | 0 days | 1,615 sqft |
2019-02-01 | 0 days | 1,686 sqft |
2019-03-01 | 0 days | 1,826 sqft |
2019-04-01 | 0 days | 1,902 sqft |
2019-05-01 | 0 days | 1,837 sqft |
2019-06-01 | 0 days | 1,822 sqft |
2019-07-01 | 0 days | 1,846 sqft |
2019-08-01 | 0 days | 1,849 sqft |
2019-09-01 | 0 days | 1,820 sqft |
2019-10-01 | 0 days | 1,806 sqft |
2019-11-01 | 0 days | 1,844 sqft |
2019-12-01 | 0 days | 1,854 sqft |
2020-01-01 | 0 days | 1,863 sqft |
2020-02-01 | 0 days | 1,894 sqft |
2020-03-01 | 0 days | 1,874 sqft |
2020-04-01 | 0 days | 1,885 sqft |
2020-05-01 | 0 days | 1,844 sqft |
2020-06-01 | 0 days | 1,901 sqft |
2020-07-01 | 0 days | 1,844 sqft |
2020-08-01 | 0 days | 1,844 sqft |
2020-09-01 | 0 days | 1,852 sqft |
2020-10-01 | 0 days | 1,872 sqft |
2020-11-01 | 0 days | 1,880 sqft |
2020-12-01 | 0 days | 1,866 sqft |
2021-01-01 | 0 days | 1,844 sqft |
2021-02-01 | 0 days | 1,702 sqft |
2021-03-01 | 0 days | 1,707 sqft |
2021-04-01 | 0 days | 1,691 sqft |
2021-05-01 | 0 days | 1,699 sqft |
2021-06-01 | 0 days | 1,725 sqft |
2021-07-01 | 0 days | 1,699 sqft |
2021-08-01 | 0 days | 1,700 sqft |
2021-09-01 | 0 days | 1,653 sqft |
2021-10-01 | 0 days | 1,631 sqft |
2021-11-01 | 0 days | 1,715 sqft |
2021-12-01 | 0 days | 1,733 sqft |
2022-01-01 | 0 days | 1,752 sqft |
2022-02-01 | 0 days | 1,727 sqft |
2022-03-01 | 0 days | 1,718 sqft |
2022-04-01 | 0 days | 1,704 sqft |
2022-05-01 | 0 days | 1,840 sqft |
2022-06-01 | 0 days | 1,844 sqft |
2022-07-01 | 0 days | 1,785 sqft |
2022-08-01 | 0 days | 1,740 sqft |
2022-09-01 | 0 days | 1,732 sqft |
2022-10-01 | 0 days | 1,828 sqft |
2022-11-01 | 0 days | 1,711 sqft |
2022-12-01 | 0 days | 1,782 sqft |
2023-01-01 | 0 days | 1,805 sqft |
2023-02-01 | 0 days | 1,822 sqft |
2023-03-01 | 0 days | 1,827 sqft |
2023-04-01 | 0 days | 1,770 sqft |
2023-05-01 | 0 days | 1,773 sqft |
2023-06-01 | 0 days | 1,757 sqft |
2023-07-01 | 0 days | 1,740 sqft |
2023-08-01 | 0 days | 1,760 sqft |
2023-09-01 | 0 days | 1,779 sqft |
2023-10-01 | 0 days | 1,804 sqft |
2023-11-01 | 0 days | 1,788 sqft |
2023-12-01 | 0 days | 1,764 sqft |
2024-01-01 | 0 days | 1,783 sqft |
2024-02-01 | 0 days | 1,830 sqft |
2024-03-01 | 0 days | 1,844 sqft |
2024-04-01 | 0 days | 1,915 sqft |
2024-05-01 | 0 days | 1,923 sqft |
2024-06-01 | 0 days | 1,833 sqft |
2024-07-01 | 0 days | 1,745 sqft |
2024-08-01 | 0 days | 1,617 sqft |
2024-09-01 | 0 days | 1,650 sqft |
Crescent City's median square footage for active listings during the 2024-09-01 period was 1,650 sqft. One year prior, the average listing was 1,779 sqft.
Crescent City, CA Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 164 | $53,450,000 | $325,915 |
Cash Out Refi | 45 | $9,965,000 | $221,444 |
Other | 30 | $2,670,000 | $89,000 |
Home Improvement | 17 | $5,075,000 | $298,529 |
Refi | 12 | $3,130,000 | $260,833 |
Crescent City's most frequently cited loan purpose was Home Purchase, with 164 originations. The 2nd most popular reason was Cash Out Refi, with 45 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 82 | $23,610,000 | $287,927 |
7-8% | 80 | $25,160,000 | $314,500 |
Over 8% | 56 | $7,120,000 | $127,143 |
5-6% | 36 | $13,830,000 | $384,167 |
<2.5% | 8 | $240,000 | $30,000 |
4-5% | 2 | $360,000 | $180,000 |
3-4% | 2 | $490,000 | $245,000 |
2.5-3% | 1 | $155,000 | $155,000 |
During 2023, Crescent City's most frequently originated rate bucket was 6-7%, with 82 originations.
Loan Sizing (Crescent City, CA MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 136 | $39,950,000 | $293,750 |
$100,000 or less | 48 | $2,290,000 | $47,708 |
$100k-200k | 47 | $6,815,000 | $145,000 |
$400k-600k | 28 | $12,790,000 | $456,786 |
$600k-1000k | 6 | $4,440,000 | $740,000 |
$Over $1MM | 3 | $8,005,000 | $2,668,333 |
Crescent City's loan sizing saw the bucket of loans from $200k-400k with 136 originations, totaling $39,950,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 92 | $30,460,000 | $331,087 |
60-80% | 74 | $25,070,000 | $338,784 |
Under 20% | 43 | $1,975,000 | $45,930 |
20-40% | 29 | $7,395,000 | $255,000 |
40-60% | 25 | $5,155,000 | $206,200 |
Over 100% | 2 | $600,000 | $300,000 |
Crescent City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 92 originations, totaling $30,460,000 in origination value.