DECATUR Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Decatur averaged
7.35%
for the week of 2023-11-22, compared to the national average of
7.29% for the same period.
The average rate for the prior week (2023-11-16) was
7.4% and
one month ago for the week of 2023-10-19, the
average rate was 7.69%.
Decatur's average rate one year ago was 6.57%.
For refis of the same type during the week of 2023-11-22, the average rate
was 6.88%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-11-22 | 7.29% |
| Decatur 30 Year Fixed Rate | 2023-11-22 | 7.35% |
| Decatur 30 Year Fixed Rate Refi | 2023-11-22 | 6.88% |
| Decatur 15 Year Fixed Rate | 2023-11-22 | 6.43% |
| Decatur 15 Year Fixed Rate Refi | 2023-11-22 | 6.44% |
| Decatur 30 Year FHA | 2023-11-22 | -0.32% |
| Decatur 30 Year FHA Refi | 2023-11-22 | -0.2% |
| Decatur 30 Year USDA | 2023-11-22 | -0.39% |
| Decatur 30 Year USDA Refi | 2023-11-22 | -0.2% |
| Decatur 30 Year VA | 2023-11-22 | -0.19% |
| Decatur 30 Year VA Refi | 2023-11-22 | -0.2% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within DECATUR, AL.
DECATUR 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 DECATUR, AL 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.).
DECATUR Average Closing Costs & Other Stats
DECATUR, AL's 146 lenders originated 3,995
loans during 2022. The total origination value was $769,105,000, with an average loan value of
$192,517.
DECATUR's average closing costs are $4,621.
The top DECATUR lender as defined by loan originations is QUICKEN LOANS, LLC, with
148 loans originated. Their average total fees are
$5,959, which is $3,386
higher than the next largest lender,
REDSTONE Federal Credit Union.
The lowest fee DECATUR lenders (with over 10 loans originated) are
REDSTONE Federal Credit Union ($2,574), Listerhill Credit Union ($2,856), Trustmark National Bank ($3,000), River Bank & Trust ($3,250) and CB&S Bank, Inc. ($3,259).
The lowest rate DECATUR lenders (with over 10 loans originated) are
CALIBER HOME LOANS, INC. (4.06%), PENNYMAC LOAN SERVICES, LLC (4.29%), NEWREZ LLC (4.34%), MORTGAGE INVESTORS GROUP, INC. (4.49%) and Regions Bank (4.53%).
DECATUR, AL 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 |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $86,740,000 | $55,710,000 | -35.8% | 7.2% |
| REDSTONE Federal Credit Union | $47,275,000 | $48,135,000 | 1.8% | 6.3% |
| Regions Bank | $40,890,000 | $26,845,000 | -34.3% | 3.5% |
| UNITED WHOLESALE MORTGAGE, LLC | $31,000,000 | $25,905,000 | -16.4% | 3.4% |
| Bank Independent | $27,630,000 | $22,025,000 | -20.3% | 2.9% |
| SouthPoint Bank | $29,430,000 | $21,530,000 | -26.8% | 2.8% |
| Synovus Bank | $26,135,000 | $21,070,000 | -19.4% | 2.7% |
| Renasant Bank | $37,660,000 | $20,975,000 | -44.3% | 2.7% |
| BROKER SOLUTIONS, INC. | $31,375,000 | $18,095,000 | -42.3% | 2.4% |
| River Bank & Trust | $1,580,000 | $17,500,000 | 1,007.6% | 2.3% |
| Progress Bank and Trust | $18,275,000 | $16,835,000 | -7.9% | 2.2% |
| LOANDEPOT.COM, LLC | $26,605,000 | $15,970,000 | -40.0% | 2.1% |
| Mortgage Research Center, LLC | $16,040,000 | $15,320,000 | -4.5% | 2.0% |
| Hometown Lenders, Inc. | $16,045,000 | $15,220,000 | -5.1% | 2.0% |
| HOME POINT FINANCIAL CORPORATION | $10,450,000 | $13,935,000 | 33.3% | 1.8% |
| MORTGAGE INVESTORS GROUP, INC. | $21,580,000 | $13,870,000 | -35.7% | 1.8% |
| FirstBank | $13,235,000 | $12,065,000 | -8.8% | 1.6% |
| FREEDOM MORTGAGE CORPORATION | $45,660,000 | $11,790,000 | -74.2% | 1.5% |
| GMFS LLC | $10,100,000 | $11,635,000 | 15.2% | 1.5% |
| PNC Bank | $9,400,000 | $10,490,000 | 11.6% | 1.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $10,305,000 | $10,145,000 | -1.6% | 1.3% |
| Listerhill Credit Union | $2,685,000 | $9,920,000 | 269.5% | 1.3% |
| PENNYMAC LOAN SERVICES, LLC | $13,350,000 | $9,515,000 | -28.7% | 1.2% |
| NEWREZ LLC | $9,020,000 | $9,270,000 | 2.8% | 1.2% |
| Peoples Bank of Alabama | $4,170,000 | $9,110,000 | 118.5% | 1.2% |
| Mr. Cooper ( Nationstar Mortgage ) | $13,160,000 | $9,075,000 | -31.0% | 1.2% |
| CB&S Bank, Inc. | $12,985,000 | $8,995,000 | -30.7% | 1.2% |
| First Merchants Bank | $8,705,000 | n/a | 1.1% | |
| MOVEMENT MORTGAGE, LLC | $6,225,000 | $8,655,000 | 39.0% | 1.1% |
| Flagstar Bank, FSB | $6,160,000 | $7,995,000 | 29.8% | 1.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $10,385,000 | $7,860,000 | -24.3% | 1.0% |
| Wells Fargo Bank | $14,400,000 | $7,615,000 | -47.1% | 1.0% |
| CALIBER HOME LOANS, INC. | $9,110,000 | $6,640,000 | -27.1% | 0.9% |
| TJC Mortgage, Inc. | $4,530,000 | $6,540,000 | 44.4% | 0.9% |
| FIRST COMMUNITY MORTGAGE, INC. | $5,375,000 | $6,445,000 | 19.9% | 0.8% |
| BancorpSouth Bank | $6,460,000 | $6,390,000 | -1.1% | 0.8% |
| Trustmark National Bank | $6,825,000 | $5,470,000 | -19.9% | 0.7% |
| Traditions Bank | $4,475,000 | $5,430,000 | 21.3% | 0.7% |
| 21ST MORTGAGE CORPORATION | $5,155,000 | $5,005,000 | -2.9% | 0.7% |
| AMERISAVE MORTGAGE CORPORATION | $9,870,000 | $4,865,000 | -50.7% | 0.6% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $7,400,000 | $4,745,000 | -35.9% | 0.6% |
| Family Security Credit Union | $6,150,000 | $4,660,000 | -24.2% | 0.6% |
| First National Bank of Pulaski | $615,000 | $4,315,000 | 601.6% | 0.6% |
| Bryant Bank | $1,520,000 | $4,310,000 | 183.6% | 0.6% |
| AuburnBank | $4,305,000 | n/a | 0.6% | |
| CERTAINTY HOME LOANS, LLC | $2,910,000 | $4,290,000 | 47.4% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $7,215,000 | $3,715,000 | -48.5% | 0.5% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $5,395,000 | $3,535,000 | -34.5% | 0.5% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,800,000 | $3,530,000 | 26.1% | 0.5% |
| LENDINGONE, LLC | $690,000 | $3,335,000 | 383.3% | 0.4% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,775,000 | $2,745,000 | -1.1% | 0.4% |
| SECURITYNATIONAL MORTGAGE COMPANY | $870,000 | $2,740,000 | 214.9% | 0.4% |
| Premier Bank of the South | $955,000 | $2,680,000 | 180.6% | 0.3% |
| NEW DAY FINANCIAL, LLC | $3,475,000 | $2,485,000 | -28.5% | 0.3% |
| GUARANTY HOME MORTGAGE CORPORATION | $95,000 | $2,470,000 | 2,500.0% | 0.3% |
| Consumer First Mortgage, Inc. | $690,000 | $2,410,000 | 249.3% | 0.3% |
| Truist | $1,800,000 | $2,365,000 | 31.4% | 0.3% |
| USAA Federal Savings Bank | $4,365,000 | $2,350,000 | -46.2% | 0.3% |
| EvaBank | $2,550,000 | $2,275,000 | -10.8% | 0.3% |
| JPMorgan Chase Bank | $3,075,000 | $2,165,000 | -29.6% | 0.3% |
| Carrington Mortgage Services, LLC | $3,405,000 | $2,125,000 | -37.6% | 0.3% |
| Citizens Bank & Trust | $595,000 | $2,105,000 | 253.8% | 0.3% |
| First Federal Bank, A FSB | $4,380,000 | $2,045,000 | -53.3% | 0.3% |
| Hamilton Mortgage Corporation | $3,090,000 | $1,935,000 | -37.4% | 0.3% |
| Equity Prime Mortgage LLC | $205,000 | $1,910,000 | 831.7% | 0.2% |
| First Horizon Bank | $6,600,000 | $1,880,000 | -71.5% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,035,000 | $1,845,000 | 78.3% | 0.2% |
| South State Bank | $4,355,000 | $1,845,000 | -57.6% | 0.2% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $1,780,000 | n/a | 0.2% | |
| The Federal Savings Bank | $1,325,000 | $1,770,000 | 33.6% | 0.2% |
| Gateway First Bank | $2,575,000 | $1,710,000 | -33.6% | 0.2% |
| Assurance Financial Group, L.L.C. | $5,200,000 | $1,645,000 | -68.4% | 0.2% |
| BAYSHORE MORTGAGE FUNDING, LLC | $320,000 | $1,630,000 | 409.4% | 0.2% |
| CIS Financial Services, Inc. | $2,665,000 | $1,590,000 | -40.3% | 0.2% |
| GUILD MORTGAGE COMPANY | $495,000 | $1,585,000 | 220.2% | 0.2% |
| DHI MORTGAGE COMPANY, LTD. | $785,000 | $1,505,000 | 91.7% | 0.2% |
| CSL Financial, LLC | $405,000 | $1,495,000 | 269.1% | 0.2% |
| First Southern Bank | $1,475,000 | n/a | 0.2% | |
| LAKEVIEW LOAN SERVICING, LLC | $6,065,000 | $1,435,000 | -76.3% | 0.2% |
| First Option Mortgage, LLC | $3,370,000 | $1,415,000 | -58.0% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $1,110,000 | $1,380,000 | 24.3% | 0.2% |
| Total Media Management, LLC | $5,080,000 | $1,340,000 | -73.6% | 0.2% |
| GUARANTEED RATE, INC. | $930,000 | $1,330,000 | 43.0% | 0.2% |
| SIRVA MORTGAGE, INC. | $1,295,000 | n/a | 0.2% | |
| RELIANCE FIRST CAPITAL, LLC | $870,000 | $1,265,000 | 45.4% | 0.2% |
| First South Farm Credit, ACA | $540,000 | $1,240,000 | 129.6% | 0.2% |
| NATIONS DIRECT MORTGAGE, LLC | $465,000 | $1,220,000 | 162.4% | 0.2% |
| Ameris Bank | $260,000 | $1,200,000 | 361.5% | 0.2% |
| TOWNE MORTGAGE COMPANY | $1,185,000 | n/a | 0.2% | |
| EMBRACE HOME LOANS, INC. | $805,000 | $1,145,000 | 42.2% | 0.1% |
| AMERICAN FINANCING CORPORATION | $830,000 | $1,135,000 | 36.7% | 0.1% |
| Wolfe Financial, Inc | $530,000 | $1,135,000 | 114.2% | 0.1% |
| KELLER MORTGAGE, LLC | $1,155,000 | $1,125,000 | -2.6% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $1,595,000 | $1,065,000 | -33.2% | 0.1% |
| PREMIA MORTGAGE, LLC | $320,000 | $1,025,000 | 220.3% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $205,000 | $1,025,000 | 400.0% | 0.1% |
| First Federal Bank | $2,020,000 | $1,010,000 | -50.0% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $1,335,000 | $990,000 | -25.8% | 0.1% |
| GENEVA FINANCIAL, LLC | $1,135,000 | $980,000 | -13.7% | 0.1% |
| CMG MORTGAGE, INC. | $1,035,000 | $965,000 | -6.8% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $1,365,000 | $930,000 | -31.9% | 0.1% |
| AmeriHome Mortgage Company, LLC | $1,995,000 | $915,000 | -54.1% | 0.1% |
| PLANET HOME LENDING, LLC | $1,910,000 | $905,000 | -52.6% | 0.1% |
| U.S. Bank | $570,000 | $875,000 | 53.5% | 0.1% |
| GSF Mortgage Corporation | $825,000 | n/a | 0.1% | |
| North American Savings Bank, F.S.B. | $735,000 | $825,000 | 12.2% | 0.1% |
| Bank of America | $1,120,000 | $805,000 | -28.1% | 0.1% |
| INTERLINC MORTGAGE SERVICES, LLC | $3,535,000 | $775,000 | -78.1% | 0.1% |
| PHH Mortgage Corporation | $1,050,000 | $775,000 | -26.2% | 0.1% |
| TVA Community Credit Union | $190,000 | $770,000 | 305.3% | 0.1% |
| AVADIAN | $1,715,000 | $755,000 | -56.0% | 0.1% |
| Bank of England | $1,285,000 | $755,000 | -41.2% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $765,000 | $750,000 | -2.0% | 0.1% |
| First Guaranty Mortgage Corporation | $1,435,000 | $745,000 | -48.1% | 0.1% |
| AMERICA'S FIRST | $235,000 | $740,000 | 214.9% | 0.1% |
| UNION HOME MORTGAGE CORP. | $235,000 | $730,000 | 210.6% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $145,000 | $715,000 | 393.1% | 0.1% |
| ZILLOW HOME LOANS, LLC | $720,000 | $705,000 | -2.1% | 0.1% |
| Colten Mortgage, LLC | $370,000 | $700,000 | 89.2% | 0.1% |
| Discover Bank | $220,000 | $700,000 | 218.2% | 0.1% |
| DAS Acquisition Company, LLC | $690,000 | n/a | 0.1% | |
| Alcova Mortgage LLC | $475,000 | $680,000 | 43.2% | 0.1% |
| First Savings Bank | $370,000 | $680,000 | 83.8% | 0.1% |
| ALABAMA CREDIT UNION | $1,385,000 | $675,000 | -51.3% | 0.1% |
| EVERETT FINANCIAL, INC. | $125,000 | $660,000 | 428.0% | 0.1% |
| ACOPIA, LLC | $500,000 | $640,000 | 28.0% | 0.1% |
| Pinnacle Bank | $565,000 | $600,000 | 6.2% | 0.1% |
| LIBERTY HOME MORTGAGE CORPORATION | $260,000 | $590,000 | 126.9% | 0.1% |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $580,000 | n/a | 0.1% | |
| LEADERONE FINANCIAL CORPORATION | $425,000 | $555,000 | 30.6% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $1,345,000 | $540,000 | -59.9% | 0.1% |
| ARC HOME LLC | $855,000 | $535,000 | -37.4% | 0.1% |
| FirstTrust Home Loans, Inc. | $705,000 | $530,000 | -24.8% | 0.1% |
| Morgan Stanley Private Bank | $515,000 | n/a | 0.1% | |
| JUSTICE Federal Credit Union | $500,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $955,000 | $495,000 | -48.2% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $1,005,000 | $490,000 | -51.2% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $485,000 | n/a | 0.1% | |
| SUCCESS MORTGAGE PARTNERS, INC. | $480,000 | n/a | 0.1% | |
| COUNTRYPLACE MORTGAGE, LTD. | $690,000 | $475,000 | -31.2% | 0.1% |
| CORNERSTONE HOME LENDING, INC. | $465,000 | n/a | 0.1% | |
| Metro City Bank | $165,000 | $460,000 | 178.8% | 0.1% |
| Waterstone Mortgage Corporation | $460,000 | n/a | 0.1% | |
| SmartBank | $450,000 | n/a | 0.1% | |
| Citizens Bank | $1,165,000 | $445,000 | -61.8% | 0.1% |
| Mid-Continent Funding, Inc. | $225,000 | $440,000 | 95.6% | 0.1% |
| SUMMIT FUNDING, INC. | $655,000 | $430,000 | -34.4% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,000,000 | $420,000 | -58.0% | 0.1% |
| BNC National Bank | $365,000 | $415,000 | 13.7% | 0.1% |
| THE MORTGAGE FIRM, INC. | $400,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $810,000 | $385,000 | -52.5% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $990,000 | $385,000 | -61.1% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $540,000 | $375,000 | -30.6% | 0.0% |
| BankFirst Financial Services | $580,000 | $360,000 | -37.9% | 0.0% |
| Century Mortgage Company DBA Century Lending Company | $410,000 | $360,000 | -12.2% | 0.0% |
| Armed Forces Bank | $355,000 | n/a | 0.0% | |
| First Home Bank | $355,000 | n/a | 0.0% | |
| AMERIFIRST FINANCIAL CORPORATION | $945,000 | $350,000 | -63.0% | 0.0% |
| Figure Lending LLC | $330,000 | $350,000 | 6.1% | 0.0% |
| HOMESTAR FINANCIAL CORPORATION | $350,000 | n/a | 0.0% | |
| Colonial Savings, F.A. | $345,000 | n/a | 0.0% | |
| Nations Lending Corporation | $1,065,000 | $345,000 | -67.6% | 0.0% |
| FINANCE OF AMERICA MORTGAGE LLC | $2,465,000 | $340,000 | -86.2% | 0.0% |
| CLEARPATH LENDING | $915,000 | $335,000 | -63.4% | 0.0% |
| HONDA Federal Credit Union | $330,000 | n/a | 0.0% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $325,000 | n/a | 0.0% | |
| The First National Bank of Middle Tennessee | $325,000 | n/a | 0.0% | |
| APCO EMPLOYEES | $4,690,000 | $310,000 | -93.4% | 0.0% |
| CapStar Bank | $305,000 | n/a | 0.0% | |
| NETWORK CAPITAL FUNDING CORPORATION | $300,000 | n/a | 0.0% | |
| DSLD MORTGAGE, LLC | $295,000 | n/a | 0.0% | |
| SOUTHWEST FUNDING, LP | $995,000 | $295,000 | -70.4% | 0.0% |
| SPRING EQ, LLC | $110,000 | $285,000 | 159.1% | 0.0% |
| LIMA ONE CAPITAL, LLC | $1,355,000 | $280,000 | -79.3% | 0.0% |
| AMERICAN ADVISORS GROUP | $90,000 | $275,000 | 205.6% | 0.0% |
| BankPlus | $275,000 | n/a | 0.0% | |
| Prosperity Home Mortgage, LLC | $1,165,000 | $275,000 | -76.4% | 0.0% |
| Liberty Bank | $265,000 | n/a | 0.0% | |
| MEMBERS 1ST FEDERAL CREDIT UNION | $265,000 | n/a | 0.0% | |
| MORTGAGE ACCESS CORP. | $855,000 | $255,000 | -70.2% | 0.0% |
| Alabama Central Credit Union | $250,000 | n/a | 0.0% | |
| Plains Commerce Bank | $260,000 | $250,000 | -3.8% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $260,000 | $250,000 | -3.8% | 0.0% |
| FBC MORTGAGE, LLC | $410,000 | $245,000 | -40.2% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $325,000 | $245,000 | -24.6% | 0.0% |
| APCI Federal Credit Union | $205,000 | $235,000 | 14.6% | 0.0% |
| City National Bank | $235,000 | n/a | 0.0% | |
| NBKC BANK | $1,345,000 | $235,000 | -82.5% | 0.0% |
| Paramount Residential Mortgage Group, Inc. | $1,510,000 | $235,000 | -84.4% | 0.0% |
| Sunflower Bank | $235,000 | n/a | 0.0% | |
| STOCKTON MORTGAGE CORPORATION | $225,000 | n/a | 0.0% | |
| The Home Loan Expert LLC | $225,000 | n/a | 0.0% | |
| ASCEND FEDERAL CREDIT UNION | $215,000 | n/a | 0.0% | |
| MILEND, INC. | $395,000 | $215,000 | -45.6% | 0.0% |
| Eco Credit Union | $205,000 | n/a | 0.0% | |
| Florida Capital Bank | $1,765,000 | $205,000 | -88.4% | 0.0% |
| Ally Bank | $1,450,000 | $200,000 | -86.2% | 0.0% |
| BETTER MORTGAGE CORPORATION | $4,835,000 | $195,000 | -96.0% | 0.0% |
| LOANLEADERS OF AMERICA, INC. | $85,000 | $195,000 | 129.4% | 0.0% |
| ServisFirst Bank | $795,000 | $195,000 | -75.5% | 0.0% |
| Simmons Bank | $195,000 | n/a | 0.0% | |
| M&T Bank | $180,000 | n/a | 0.0% | |
| BMO Harris Bank | $175,000 | n/a | 0.0% | |
| NFM, INC. | $2,370,000 | $175,000 | -92.6% | 0.0% |
| VALLEY CREDIT UNION | $175,000 | n/a | 0.0% | |
| BANKSOUTH MORTGAGE COMPANY, LLC | $165,000 | n/a | 0.0% | |
| Community First National Bank | $165,000 | n/a | 0.0% | |
| FIRST COLONY MORTGAGE CORPORATION | $165,000 | n/a | 0.0% | |
| Kimberly Clark Credit Union | $165,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $155,000 | n/a | 0.0% | |
| Luxury Mortgage Corp. | $155,000 | n/a | 0.0% | |
| ALABAMA TEACHERS | $145,000 | n/a | 0.0% | |
| EVANSVILLE TEACHERS | $105,000 | $145,000 | 38.1% | 0.0% |
| LENDINGHOME FUNDING CORPORATION | $145,000 | n/a | 0.0% | |
| SeaTrust Mortgage Company | $145,000 | n/a | 0.0% | |
| Texana Bank | $145,000 | n/a | 0.0% | |
| CONTOUR MORTGAGE CORPORATION | $135,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP. | $135,000 | n/a | 0.0% | |
| CHERRY CREEK MORTGAGE, LLC | $905,000 | $125,000 | -86.2% | 0.0% |
| EMM LOANS LLC | $175,000 | $125,000 | -28.6% | 0.0% |
| HUNT MORTGAGE CORPORATION | $125,000 | n/a | 0.0% | |
| MICHIGAN MUTUAL, INC. | $415,000 | $125,000 | -69.9% | 0.0% |
| Tyndall Federal Credit Union | $285,000 | $125,000 | -56.1% | 0.0% |
| INTERCAP LENDING INC. | $200,000 | $115,000 | -42.5% | 0.0% |
| Arvest Bank | $110,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $730,000 | $110,000 | -84.9% | 0.0% |
| Chicago Mortgage Solutions LLC | $105,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $155,000 | $105,000 | -32.3% | 0.0% |
| UNIFY FINANCIAL Credit Union | $105,000 | n/a | 0.0% | |
| FAMILY SAVINGS | $310,000 | $95,000 | -69.4% | 0.0% |
| Neighborhood Loans, Inc. | $95,000 | n/a | 0.0% | |
| ALL IN | $85,000 | n/a | 0.0% | |
| Colony Bank | $75,000 | n/a | 0.0% | |
| Evolve Bank & Trust | $75,000 | n/a | 0.0% | |
| LOANPAL, LLC | $65,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $645,000 | $65,000 | -89.9% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $65,000 | n/a | 0.0% | |
| United Community Bank | $65,000 | n/a | 0.0% | |
| FEDEX EMPLOYEES CREDIT ASSOCIATION | $35,000 | n/a | 0.0% | |
| ALABAMA STATE EMPLOYEES CREDIT UNION | $25,000 | $25,000 | 0.0% | 0.0% |
DECATUR's top lender by overall market share is QUICKEN LOANS, LLC, with 7.2% market share. In second place, with 6.3%, is REDSTONE Federal Credit Union, having originated $48,135,000 in loans. In third place, with 3.5%, is Regions Bank, having originated $26,845,000 in loans. In fourth place, with 3.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $25,905,000 in loans. In fifth place, with 2.9%, is Bank Independent, having originated $22,025,000 in loans.
DECATUR Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - DECATUR (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 | $175,175 (16.9%) | $216,029 (17.1%) | 0.65 | 560 |
| 2018-02-01 | $174,925 (16.7%) | $218,289 (20.5%) | 0.64 | 558 |
| 2018-03-01 | $175,000 (16.7%) | $218,806 (17.3%) | 0.61 | 537 |
| 2018-04-01 | $182,400 (14.1%) | $223,722 (16.8%) | 0.62 | 518 |
| 2018-05-01 | $179,950 (9.6%) | $218,401 (11.9%) | 0.60 | 545 |
| 2018-06-01 | $179,993 (6.2%) | $216,990 (5.2%) | 0.60 | 554 |
| 2018-07-01 | $187,900 (10.6%) | $226,759 (9.3%) | 0.63 | 523 |
| 2018-08-01 | $179,900 (5.9%) | $223,650 (7.4%) | 0.60 | 521 |
| 2018-09-01 | $189,500 (11.5%) | $226,709 (9.0%) | 0.64 | 504 |
| 2018-10-01 | $184,900 (8.9%) | $224,935 (9.2%) | 0.63 | 499 |
| 2018-11-01 | $183,675 (8.1%) | $225,595 (9.5%) | 0.62 | 485 |
| 2018-12-01 | $185,000 (8.9%) | $227,662 (6.5%) | 0.64 | 474 |
| 2019-01-01 | $182,450 (4.2%) | $226,490 (4.8%) | 0.63 | 452 |
| 2019-02-01 | $184,925 (5.7%) | $225,725 (3.4%) | 0.62 | 435 |
| 2019-03-01 | $182,757 (4.4%) | $226,306 (3.4%) | 0.60 | 399 |
| 2019-04-01 | $180,257 (-1.2%) | $229,471 (2.6%) | 0.57 | 374 |
| 2019-05-01 | $192,100 (6.8%) | $241,353 (10.5%) | 0.60 | 376 |
| 2019-06-01 | $199,900 (11.1%) | $247,243 (13.9%) | 0.62 | 377 |
| 2019-07-01 | $195,950 (4.3%) | $250,493 (10.5%) | 0.61 | 381 |
| 2019-08-01 | $204,964 (13.9%) | $257,134 (15.0%) | 0.65 | 379 |
| 2019-09-01 | $204,984 (8.2%) | $260,126 (14.7%) | 0.66 | 375 |
| 2019-10-01 | $202,498 (9.5%) | $261,585 (16.3%) | 0.65 | 371 |
| 2019-11-01 | $202,500 (10.3%) | $266,392 (18.1%) | 0.66 | 355 |
| 2019-12-01 | $199,900 (8.1%) | $265,042 (16.4%) | 0.67 | 332 |
| 2020-01-01 | $206,250 (13.0%) | $269,549 (19.0%) | 0.69 | 311 |
| 2020-02-01 | $204,000 (10.3%) | $264,616 (17.2%) | 0.67 | 294 |
| 2020-03-01 | $210,690 (15.3%) | $254,885 (12.6%) | 0.66 | 254 |
| 2020-04-01 | $217,450 (20.6%) | $265,849 (15.9%) | 0.68 | 248 |
| 2020-05-01 | $220,000 (14.5%) | $260,523 (7.9%) | 0.67 | 241 |
| 2020-06-01 | $215,225 (7.7%) | $252,965 (2.3%) | 0.63 | 218 |
| 2020-07-01 | $216,400 (10.4%) | $255,870 (2.2%) | 0.63 | 221 |
| 2020-08-01 | $229,900 (12.2%) | $284,330 (10.6%) | 0.66 | 200 |
| 2020-09-01 | $229,925 (12.2%) | $285,807 (9.9%) | 0.66 | 196 |
| 2020-10-01 | $229,900 (13.5%) | $291,237 (11.3%) | 0.66 | 192 |
| 2020-11-01 | $228,791 (13.0%) | $289,256 (8.6%) | 0.67 | 181 |
| 2020-12-01 | $224,900 (12.5%) | $285,079 (7.6%) | 0.67 | 175 |
| 2021-01-01 | $223,750 (8.5%) | $291,958 (8.3%) | 0.67 | 152 |
| 2021-02-01 | $235,338 (15.4%) | $310,661 (17.4%) | 0.69 | 124 |
| 2021-03-01 | $232,700 (10.5%) | $308,594 (21.1%) | 0.66 | 131 |
| 2021-04-01 | $258,675 (19.0%) | $327,041 (23.0%) | 0.70 | 121 |
| 2021-05-01 | $287,000 (30.5%) | $357,547 (37.2%) | 0.76 | 114 |
| 2021-06-01 | $266,475 (23.8%) | $362,588 (43.3%) | 0.70 | 122 |
| 2021-07-01 | $264,000 (22.0%) | $347,425 (35.8%) | 0.70 | 137 |
| 2021-08-01 | $263,475 (14.6%) | $378,797 (33.2%) | 0.70 | 153 |
| 2021-09-01 | $264,900 (15.2%) | $389,977 (36.5%) | 0.71 | 172 |
| 2021-10-01 | $270,000 (17.4%) | $387,748 (33.1%) | 0.72 | 187 |
| 2021-11-01 | $269,375 (17.7%) | $389,327 (34.6%) | 0.72 | 185 |
| 2021-12-01 | $260,925 (16.0%) | $362,874 (27.3%) | 0.71 | 170 |
| 2022-01-01 | $259,000 (15.8%) | $351,285 (20.3%) | 0.70 | 142 |
| 2022-02-01 | $269,000 (14.3%) | $376,666 (21.3%) | 0.70 | 111 |
| 2022-03-01 | $269,925 (16.0%) | $364,260 (18.0%) | 0.68 | 126 |
| 2022-04-01 | $250,000 (-3.4%) | $342,090 (4.6%) | 0.60 | 132 |
| 2022-05-01 | $281,167 (-2.0%) | $338,770 (-5.3%) | 0.64 | 177 |
| 2022-06-01 | $285,500 (7.1%) | $332,484 (-8.3%) | 0.64 | 217 |
| 2022-07-01 | $275,000 (4.2%) | $331,967 (-4.5%) | 0.62 | 266 |
| 2022-08-01 | $299,450 (13.7%) | $336,299 (-11.2%) | 0.69 | 272 |
| 2022-09-01 | $299,900 (13.2%) | $331,694 (-15.0%) | 0.70 | 268 |
| 2022-10-01 | $304,900 (12.9%) | $333,539 (-14.0%) | 0.72 | 267 |
| 2022-11-01 | $297,000 (10.3%) | $332,697 (-14.6%) | 0.71 | 258 |
| 2022-12-01 | $289,900 (11.1%) | $345,022 (-4.9%) | 0.72 | 245 |
| 2023-01-01 | $307,450 (18.7%) | $357,434 (1.8%) | 0.76 | 207 |
| 2023-02-01 | $307,450 (14.3%) | $356,633 (-5.3%) | 0.74 | 200 |
| 2023-03-01 | $298,397 (10.6%) | $351,605 (-3.5%) | 0.70 | 195 |
| 2023-04-01 | $310,900 (24.4%) | $356,252 (4.1%) | 0.72 | 174 |
| 2023-05-01 | $343,150 (22.0%) | $384,075 (13.4%) | 0.78 | 183 |
| 2023-06-01 | $336,125 (17.7%) | $382,992 (15.2%) | 0.76 | 187 |
| 2023-07-01 | $314,025 (14.2%) | $377,515 (13.7%) | 0.71 | 226 |
| 2023-08-01 | $318,933 (6.5%) | $380,875 (13.3%) | 0.73 | 241 |
| 2023-09-01 | $302,450 (0.9%) | $375,564 (13.2%) | 0.70 | 258 |
| 2023-10-01 | $299,450 (-1.8%) | $366,002 (9.7%) | 0.70 | 290 |
DECATUR's median listing price for 2023-10-01 was $299,450, a difference of
$-5,450
(-1.8%) versus the prior year and
$-3,000 versus the prior month.
DECATUR's median listing price comes in at 70% of the national average.
DECATUR's average listing price for 2023-10-01 was $366,002, a difference of $32,463 (9.7%) versus the prior year and $-9,562 versus the prior month.
For the 2023-10-01 period, DECATUR had 290 MLS listings, a difference of 32 listings (12%) versus the prior month and 23 listings (9%) versus the prior year.
DECATUR's median listing price comes in at 70% of the national average.
DECATUR's average listing price for 2023-10-01 was $366,002, a difference of $32,463 (9.7%) versus the prior year and $-9,562 versus the prior month.
For the 2023-10-01 period, DECATUR had 290 MLS listings, a difference of 32 listings (12%) versus the prior month and 23 listings (9%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - DECATUR (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 102 days | 2,081 sqft |
| 2018-02-01 | 101 days | 2,129 sqft |
| 2018-03-01 | 93 days | 2,143 sqft |
| 2018-04-01 | 78 days | 2,172 sqft |
| 2018-05-01 | 69 days | 2,143 sqft |
| 2018-06-01 | 68 days | 2,150 sqft |
| 2018-07-01 | 74 days | 2,200 sqft |
| 2018-08-01 | 70 days | 2,119 sqft |
| 2018-09-01 | 71 days | 2,170 sqft |
| 2018-10-01 | 77 days | 2,122 sqft |
| 2018-11-01 | 79 days | 2,108 sqft |
| 2018-12-01 | 85 days | 2,157 sqft |
| 2019-01-01 | 95 days | 2,134 sqft |
| 2019-02-01 | 94 days | 2,161 sqft |
| 2019-03-01 | 79 days | 2,161 sqft |
| 2019-04-01 | 68 days | 2,158 sqft |
| 2019-05-01 | 56 days | 2,201 sqft |
| 2019-06-01 | 52 days | 2,250 sqft |
| 2019-07-01 | 52 days | 2,224 sqft |
| 2019-08-01 | 56 days | 2,252 sqft |
| 2019-09-01 | 62 days | 2,256 sqft |
| 2019-10-01 | 62 days | 2,254 sqft |
| 2019-11-01 | 63 days | 2,209 sqft |
| 2019-12-01 | 72 days | 2,196 sqft |
| 2020-01-01 | 78 days | 2,185 sqft |
| 2020-02-01 | 67 days | 2,100 sqft |
| 2020-03-01 | 57 days | 2,108 sqft |
| 2020-04-01 | 57 days | 2,191 sqft |
| 2020-05-01 | 52 days | 2,175 sqft |
| 2020-06-01 | 38 days | 2,127 sqft |
| 2020-07-01 | 34 days | 2,097 sqft |
| 2020-08-01 | 38 days | 2,153 sqft |
| 2020-09-01 | 37 days | 2,168 sqft |
| 2020-10-01 | 35 days | 2,183 sqft |
| 2020-11-01 | 44 days | 2,206 sqft |
| 2020-12-01 | 45 days | 2,144 sqft |
| 2021-01-01 | 47 days | 2,100 sqft |
| 2021-02-01 | 48 days | 2,131 sqft |
| 2021-03-01 | 26 days | 2,101 sqft |
| 2021-04-01 | 29 days | 2,181 sqft |
| 2021-05-01 | 27 days | 2,218 sqft |
| 2021-06-01 | 23 days | 2,189 sqft |
| 2021-07-01 | 23 days | 2,058 sqft |
| 2021-08-01 | 22 days | 2,065 sqft |
| 2021-09-01 | 24 days | 2,126 sqft |
| 2021-10-01 | 32 days | 2,184 sqft |
| 2021-11-01 | 33 days | 2,136 sqft |
| 2021-12-01 | 38 days | 2,121 sqft |
| 2022-01-01 | 45 days | 2,127 sqft |
| 2022-02-01 | 28 days | 2,107 sqft |
| 2022-03-01 | 15 days | 2,098 sqft |
| 2022-04-01 | 19 days | 2,040 sqft |
| 2022-05-01 | 17 days | 2,071 sqft |
| 2022-06-01 | 25 days | 2,091 sqft |
| 2022-07-01 | 25 days | 2,090 sqft |
| 2022-08-01 | 38 days | 2,134 sqft |
| 2022-09-01 | 44 days | 2,071 sqft |
| 2022-10-01 | 52 days | 2,143 sqft |
| 2022-11-01 | 58 days | 2,185 sqft |
| 2022-12-01 | 66 days | 2,201 sqft |
| 2023-01-01 | 75 days | 2,203 sqft |
| 2023-02-01 | 69 days | 2,200 sqft |
| 2023-03-01 | 48 days | 2,079 sqft |
| 2023-04-01 | 40 days | 2,199 sqft |
| 2023-05-01 | 38 days | 2,259 sqft |
| 2023-06-01 | 44 days | 2,253 sqft |
| 2023-07-01 | 29 days | 2,094 sqft |
| 2023-08-01 | 37 days | 2,186 sqft |
| 2023-09-01 | 42 days | 2,129 sqft |
| 2023-10-01 | 48 days | 2,056 sqft |
DECATUR's median listing age (time on market) for 2023-10-01 was 48 days.
This
is -9%
shorter
than the same period one year ago.
DECATUR's median square footage for active listings during the 2023-10-01 period was 2,056 sqft. One year prior, the average listing was 2,143 sqft.
DECATUR's median square footage for active listings during the 2023-10-01 period was 2,056 sqft. One year prior, the average listing was 2,143 sqft.
DECATUR, AL Average Rent (2023)
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| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 35016 | Decatur, AL | $740 | $790 | $910 | $1,180 | $1,270 |
| 35019 | Decatur, AL | $650 | $700 | $850 | $1,120 | $1,190 |
| 35058 | Decatur, AL | $560 | $600 | $730 | $960 | $1,020 |
| 35087 | Decatur, AL | $590 | $630 | $770 | $1,010 | $1,080 |
| 35175 | Decatur, AL | $540 | $580 | $710 | $930 | $990 |
| 35179 | Decatur, AL | $620 | $670 | $810 | $1,060 | $1,130 |
| 35540 | Decatur, AL | $540 | $580 | $710 | $930 | $990 |
| 35565 | Decatur, AL | $540 | $580 | $710 | $930 | $990 |
| 35601 | Decatur, AL | $560 | $600 | $730 | $960 | $1,020 |
| 35602 | Decatur, AL | $560 | $600 | $730 | $960 | $1,020 |
| 35603 | Decatur, AL | $580 | $620 | $750 | $990 | $1,050 |
| 35618 | Decatur, AL | $540 | $580 | $710 | $930 | $990 |
| 35619 | Decatur, AL | $550 | $590 | $720 | $950 | $1,010 |
| 35621 | Decatur, AL | $620 | $660 | $810 | $1,070 | $1,130 |
| 35622 | Decatur, AL | $640 | $680 | $830 | $1,090 | $1,160 |
| 35640 | Decatur, AL | $570 | $610 | $740 | $970 | $1,040 |
| 35643 | Decatur, AL | $540 | $580 | $710 | $930 | $990 |
| 35650 | Decatur, AL | $540 | $580 | $710 | $930 | $990 |
| 35651 | Decatur, AL | $630 | $670 | $820 | $1,080 | $1,150 |
| 35654 | Decatur, AL | $490 | $540 | $710 | $880 | $1,100 |
| 35670 | Decatur, AL | $580 | $620 | $760 | $1,000 | $1,060 |
| 35672 | Decatur, AL | $540 | $580 | $710 | $920 | $1,100 |
| 35673 | Decatur, AL | $540 | $580 | $710 | $930 | $990 |
| 35754 | Decatur, AL | $540 | $580 | $710 | $930 | $990 |
| 35775 | Decatur, AL | $710 | $800 | $960 | $1,270 | $1,440 |
2022 Average & Median Rent Data Statistics
DECATUR, AL average 1BR rent: $624, median: $600
DECATUR, AL average 2BR rent: $761, median: $730
DECATUR, AL average 3BR rent: $996, median: $960
DECATUR, AL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,121 | $480,155,000 | $226,381 |
| Cash Out Refi | 734 | $130,150,000 | $177,316 |
| Refi | 567 | $107,925,000 | $190,344 |
| Home Improvement | 327 | $27,705,000 | $84,725 |
| Other | 246 | $23,170,000 | $94,187 |
Decatur's most frequently cited loan purpose was Home Purchase, with 2,121 originations. The 2nd most popular reason was Cash Out Refi, with 734 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 931 | $183,995,000 | $197,632 |
| 5-6% | 905 | $175,295,000 | $193,696 |
| 3-4% | 853 | $171,505,000 | $201,061 |
| 6-7% | 514 | $95,670,000 | $186,128 |
| 7-8% | 190 | $24,410,000 | $128,474 |
| 2.5-3% | 183 | $38,945,000 | $212,814 |
| Over 8% | 117 | $9,335,000 | $79,786 |
| <2.5% | 95 | $32,325,000 | $340,263 |
During 2022, Decatur's most frequently originated rate bucket was 4-5%, with 931 originations.
Loan Sizing (DECATUR, AL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,512 | $224,920,000 | $148,757 |
| $200k-400k | 1,204 | $321,310,000 | $266,869 |
| $100,000 or less | 1,046 | $61,340,000 | $58,642 |
| $400k-600k | 169 | $79,205,000 | $468,669 |
| $600k-1000k | 48 | $33,200,000 | $691,667 |
| $Over $1MM | 16 | $49,130,000 | $3,070,625 |
DECATUR's loan sizing saw the bucket of loans from $100k-200k with 1,512 originations, totaling $224,920,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,622 | $369,740,000 | $227,953 |
| 60-80% | 968 | $195,450,000 | $201,911 |
| 40-60% | 425 | $74,455,000 | $175,188 |
| 20-40% | 348 | $33,020,000 | $94,885 |
| Under 20% | 321 | $12,595,000 | $39,237 |
| Over 100% | 93 | $45,355,000 | $487,688 |
DECATUR's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,622 originations, totaling $369,740,000 in origination value.