Crescent City Mortgage Rates & Closing Costs

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

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%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Crescent City, CA.

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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 26 6.77% $6,843
ACADEMY MORTGAGE CORPORATION 15 6.93% $7,682
QUICKEN LOANS, LLC 12 6.90% $6,736
MASON MCDUFFIE MORTGAGE CORPORATION 4 7.06% $8,396
SUMMIT FUNDING, INC. 4 7.44% $7,021
Tri Counties Bank 3 6.29% $5,267
JPMorgan Chase Bank 3 6.87% $6,427
NATIONS DIRECT MORTGAGE, LLC 2 7.00% $4,932
Century Mortgage Company DBA Century Lending Company 2 7.81% $7,546
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 2 6.81% $8,941
U.S. Bank 2 6.31% $8,369
GUILD MORTGAGE COMPANY 2 7.12% $7,552
NMSI, INC. 1 6.88% $4,347
PENNYMAC LOAN SERVICES, LLC 1 6.00% $4,794
PENTAGON FEDERAL CREDIT UNION 1 6.00% $9,638
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.63% $8,007
RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 6.88% $8,696
ROGUE 1 6.75% $3,113
Sierra Central Credit Union 1 4.75% $2,719
Sierra Pacific Mortgage Company, Inc. 1 6.88% $9,767
The Federal Savings Bank 1 7.13% $10,847
THE GOLDEN 1 1 6.25% $3,415
The Loan Store, Inc. 1 7.13% $11,446
Umpqua Bank 1 7.25% $4,528
USAA Federal Savings Bank 1 7.13% $4,473
V.I.P. MORTGAGE, INC. 1 7.50% $10,965
Wallick & Volk, Inc. 1 6.75% $4,095
Wells Fargo Bank 1 7.88% $4,408
Ameris Bank 1 6.63% $3,253
CANOPY MORTGAGE, LLC 1 7.38% $3,441
CMG MORTGAGE, INC. 1 6.50% $5,388
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.38% $7,777
FIRST CENTENNIAL MORTGAGE CORPORATION 1 7.63% $9,927
First International Bank & Trust 1 8.38% $11,908
First National Bank of America 1 10.63% $14,871
FREEDOM MORTGAGE CORPORATION 1 7.63% $6,029
Fremont Bank 1 7.75% $595
LADERA LENDING, INC. 1 5.63% $10,615
LAND HOME FINANCIAL SERVICES, INC. 1 6.50% $11,251

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. Louis
Date 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 for 2024-09-01 was $444,125, a difference of $-4,875 (-1.1%) versus the prior year and $5,125 versus the prior month.

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. Louis
Date 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 listing age (time on market) for 2024-09-01 was 0 days.

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.