DECATUR Mortgage Rates

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

    30 Year Fixed Rate mortgages in Decatur averaged 5.86% for the week of 2022-06-30, compared to the national average of 5.7% for the same period.

    The average rate for the prior week (2022-06-23) was 5.87% and one month ago for the week of 2022-05-26, the average rate was 5.16%.

    Decatur's average rate one year ago was 3.21%.

    For refis of the same type during the week of 2022-06-30, the average rate was 5.8%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2022-06-30 5.7%
    Decatur 30 Year Fixed Rate 2022-06-30 5.86%
    Decatur 30 Year Fixed Rate Refi 2022-06-30 5.8%
    Decatur 15 Year Fixed Rate 2022-06-30 5.33%
    Decatur 15 Year Fixed Rate Refi 2022-06-30 4.8%
    Decatur 30 Year FHA 2022-06-30 5.73%
    Decatur 30 Year FHA Refi 2022-06-30 5.63%
    Decatur 30 Year USDA 2022-06-30 5.51%
    Decatur 30 Year USDA Refi 2022-06-30 2.85%
    Decatur 30 Year VA 2022-06-30 5.76%
    Decatur 30 Year VA Refi 2022-06-30 5.4%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within DECATUR, IL.

    DECATUR 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 DECATUR, IL 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
    Town & Country Banc Mortgage Services, Inc. 145 3.20% $1,919
    Prairie State Bank and Trust 79 2.96% $1,562
    DRAPER AND KRAMER MORTGAGE CORP. 68 3.08% $2,772
    Hickory Point Bank and Trust 62 3.05% $1,888
    Regions Bank 60 3.39% $2,379
    CITIZENS EQUITY FIRST 56 3.44% $1,378
    QUICKEN LOANS, LLC 55 3.25% $3,793
    FIRST STATE MORTGAGE SERVICES, LLC 25 3.12% $2,351
    First Mid Bank & Trust 23 3.20% $1,977
    FLAT BRANCH MORTGAGE, INC. 22 3.14% $2,477
    GERSHMAN INVESTMENT CORP. 20 3.26% $2,203
    JPMorgan Chase Bank 17 3.13% $2,040
    AMERICAN PACIFIC MORTGAGE CORPORATION 17 3.29% $3,270
    Wells Fargo Bank 13 3.14% $2,314
    PNC Bank 13 3.16% $2,373
    CIBM Bank 12 3.14% $2,685
    NEWREZ LLC 10 2.96% $2,645
    The Huntington National Bank 8 2.70% $1,996
    U.S. Bank 8 3.11% $2,103
    INB 7 3.07% $1,903
    BETTER MORTGAGE CORPORATION 5 3.10% $1,470
    GUARANTEED RATE, INC. 5 3.10% $2,040
    United Community Bank 5 3.10% $2,361
    AMERISAVE MORTGAGE CORPORATION 5 3.35% $3,445
    CALIBER HOME LOANS, INC. 4 3.13% $2,591
    NAVY FEDERAL CREDIT UNION 4 4.53% $4,432
    Bank of America 4 2.97% $2,442
    1ST MIDAMERICA 4 3.06% $2,014
    UNITED WHOLESALE MORTGAGE, LLC 4 3.08% $3,968
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 3 2.79% $2,603
    HOMESIDE FINANCIAL, LLC 3 3.24% $2,644
    ROYAL UNITED MORTGAGE LLC 3 3.46% $4,733
    First State Bank 3 2.88% $1,536
    Mr. Cooper ( Nationstar Mortgage ) 3 3.63% $4,038
    Bank of Springfield 3 2.80% $2,039
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 3.29% $3,225
    CNB Bank And Trust, N.A. 2 2.81% $1,890
    CHURCHILL MORTGAGE CORPORATION 2 3.50% $3,152
    Colonial Savings, F.A. 2 3.31% $0
    Community Mortgage Banc Corporation 2 3.09% $1,897
    ENDEAVOR CAPITAL, LLC. 2 3.06% $3,019
    Fifth Third Bank 2 3.44% $2,926
    First Option Mortgage, LLC 2 4.81% $7,940
    HEARTLAND 2 2.63% $1,938
    LOANDEPOT.COM, LLC 2 3.12% $4,781
    Mortgage Research Center, LLC 2 3.56% $2,756
    Northpointe Bank 2 2.94% $2,605
    PENNYMAC LOAN SERVICES, LLC 2 3.50% $4,639
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 3.12% $2,622
    SCOTT CREDIT UNION 2 3.06% $2,183
    Stifel Bank and Trust 2 2.88% $2,401
    Discover Bank 1 4.75% $0
    DIRECT MORTGAGE LOANS, LLC 1 3.50% $4,427
    IAA Credit Union 1 3.25% $1,461
    DELMAR FINANCIAL COMPANY 1 3.00% $3,276
    INLAND BANK & TRUST 1 3.25% $2,755
    COMPASS MORTGAGE, INC. 1 2.75% $3,355
    KELLER MORTGAGE, LLC 1 3.25% $2,115
    LAKEVIEW LOAN SERVICING, LLC 1 3.99% $3,173
    LEADERONE FINANCIAL CORPORATION 1 3.50% $2,438
    ALLIANT CREDIT UNION 1 2.88% $2,471
    Marine Bank 1 3.00% $1,820
    Midland States Bank 1 2.50% $2,344
    MORIA DEVELOPMENT, INC. 1 3.00% $2,451
    Alliance Community Bank 1 2.88% $1,580
    Morton Community Bank 1 2.88% $1,862
    Citibank 1 2.88% $2,813
    Mutual Federal Bank 1 3.50% $7,273
    MUTUAL OF OMAHA MORTGAGE, INC. 1 2.99% $1,297
    MYCUMORTGAGE, LLC 1 3.75% $3,051
    Chicago Mortgage Solutions LLC 1 2.87% $1,243
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 3.38% $2,477
    UNIVERSITY OF ILLINOIS COMMUNITY 1 3.25% $2,067
    ABSOLUTE HOME MORTGAGE CORPORATION 1 2.63% $6,479
    Petefish, Skiles & Co. 1 3.13% $2,191
    PHH Mortgage Corporation 1 4.00% $3,883
    Barrington Bank & Trust Company, N.A. 1 3.38% $3,754
    Bank of Hillsboro 1 3.00% $1,986
    1st Source Bank 1 3.25% $3,225
    PROPER RATE, LLC 1 2.99% $2,541
    Bank of England 1 3.50% $3,307
    Bank First, N.A. 1 3.13% $2,555
    Austin Capital Bank SSB 1 3.38% $3,862
    Wyndham Capital Mortgage, Inc. 1 3.25% $2,778
    Starion Bank 1 2.50% $1,693
    ZILLOW HOME LOANS, LLC 1 3.50% $2,509
    Arvest Bank 1 2.88% $2,750
    The Park National Bank 1 2.88% $2,530
    Third Federal Savings and Loan Association of Cleveland 1 2.49% $295
    Ally Bank 1 3.25% $5,236
    FREEDOM MORTGAGE CORPORATION 1 3.00% $2,040
    GENEVA FINANCIAL, LLC 1 2.88% $7,961
    German American Bank 1 3.25% $2,544
    First Guaranty Mortgage Corporation 1 2.75% $2,633
    GUARANTEED RATE AFFINITY, LLC 1 3.25% $758
    Evolve Bank & Trust 1 3.13% $4,078
    GUILD MORTGAGE COMPANY 1 2.99% $2,581
    Truist Bank 1 3.30% $2,383

    DECATUR, IL's 98 lenders originated 2,630 loans during 2021. The total origination value was $342,020,000, with an average loan value of $130,046.

    The top DECATUR lender as defined by loan originations is Town & Country Banc Mortgage Services, Inc., with 145 loans originated. Their average total fees are $1,919, which is $357 higher than the next largest lender, Prairie State Bank and Trust.

    The lowest fee DECATUR lenders (with over 10 loans originated) are CITIZENS EQUITY FIRST ($1,378), Prairie State Bank and Trust ($1,562), Hickory Point Bank and Trust ($1,888), Town & Country Banc Mortgage Services, Inc. ($1,919) and First Mid Bank & Trust ($1,977).

    The lowest rate DECATUR lenders (with over 10 loans originated) are Prairie State Bank and Trust (2.96%), NEWREZ LLC (2.96%), Hickory Point Bank and Trust (3.05%), DRAPER AND KRAMER MORTGAGE CORP. (3.08%) and FIRST STATE MORTGAGE SERVICES, LLC (3.12%).

    DECATUR, IL 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
    Town & Country Banc Mortgage Services, Inc. $59,395,000 $44,500,000 -25.1% 13.0%
    Prairie State Bank and Trust $55,680,000 $33,670,000 -39.5% 9.8%
    QUICKEN LOANS, LLC $16,255,000 $20,325,000 25.0% 5.9%
    DRAPER AND KRAMER MORTGAGE CORP. $24,270,000 $19,520,000 -19.6% 5.7%
    Hickory Point Bank and Trust $16,825,000 $17,230,000 2.4% 5.0%
    First Mid Bank & Trust $17,410,000 $17,100,000 -1.8% 5.0%
    Regions Bank $17,355,000 $13,990,000 -19.4% 4.1%
    CITIZENS EQUITY FIRST $10,915,000 $9,990,000 -8.5% 2.9%
    DECATUR EARTHMOVER CREDIT UNION $5,645,000 $9,070,000 60.7% 2.7%
    First Midwest Bank $8,340,000 n/a 2.4%
    Mortgage Research Center, LLC $3,610,000 $7,600,000 110.5% 2.2%
    Scott State Bank $9,745,000 $7,310,000 -25.0% 2.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $1,895,000 $6,605,000 248.5% 1.9%
    FIRST STATE MORTGAGE SERVICES, LLC $10,760,000 $6,595,000 -38.7% 1.9%
    FREEDOM MORTGAGE CORPORATION $6,075,000 $6,330,000 4.2% 1.9%
    PNC Bank $7,010,000 $5,950,000 -15.1% 1.7%
    FLAT BRANCH MORTGAGE, INC. $1,800,000 $5,675,000 215.3% 1.7%
    Buena Vista National Bank $5,215,000 $5,065,000 -2.9% 1.5%
    GERSHMAN INVESTMENT CORP. $2,295,000 $4,900,000 113.5% 1.4%
    JPMorgan Chase Bank $5,410,000 $4,465,000 -17.5% 1.3%
    Wells Fargo Bank $4,955,000 $4,450,000 -10.2% 1.3%
    Land of Lincoln Credit Union $4,420,000 n/a 1.3%
    NEWREZ LLC $1,080,000 $3,500,000 224.1% 1.0%
    INB $14,515,000 $3,430,000 -76.4% 1.0%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,090,000 $3,005,000 175.7% 0.9%
    CALIBER HOME LOANS, INC. $1,500,000 $2,965,000 97.7% 0.9%
    Mr. Cooper ( Nationstar Mortgage ) $2,045,000 $2,865,000 40.1% 0.8%
    The Huntington National Bank $3,685,000 $2,710,000 -26.5% 0.8%
    CIBM Bank $4,185,000 $2,505,000 -40.1% 0.7%
    U.S. Bank $1,800,000 $2,495,000 38.6% 0.7%
    USAA Federal Savings Bank $2,890,000 $2,340,000 -19.0% 0.7%
    PENNYMAC LOAN SERVICES, LLC $275,000 $1,945,000 607.3% 0.6%
    LOANDEPOT.COM, LLC $2,675,000 $1,935,000 -27.7% 0.6%
    First Option Mortgage, LLC $1,800,000 n/a 0.5%
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION $800,000 $1,580,000 97.5% 0.5%
    NAVY FEDERAL CREDIT UNION $1,155,000 $1,455,000 26.0% 0.4%
    United Community Bank $1,205,000 $1,325,000 10.0% 0.4%
    GUARANTEED RATE, INC. $460,000 $1,155,000 151.1% 0.3%
    BETTER MORTGAGE CORPORATION $370,000 $1,135,000 206.8% 0.3%
    Morton Community Bank $145,000 $1,105,000 662.1% 0.3%
    1ST MIDAMERICA $740,000 $1,095,000 48.0% 0.3%
    AMERISAVE MORTGAGE CORPORATION $310,000 $1,065,000 243.5% 0.3%
    Marine Bank $1,675,000 $1,065,000 -36.4% 0.3%
    First State Bank $1,785,000 $1,045,000 -41.5% 0.3%
    LAKEVIEW LOAN SERVICING, LLC $725,000 $1,030,000 42.1% 0.3%
    Town and Country Bank $1,230,000 $980,000 -20.3% 0.3%
    Bank of Springfield $965,000 $905,000 -6.2% 0.3%
    Heartland Bank and Trust Company $255,000 $865,000 239.2% 0.3%
    MYCUMORTGAGE, LLC $170,000 $865,000 408.8% 0.3%
    CHURCHILL MORTGAGE CORPORATION $230,000 $840,000 265.2% 0.2%
    HOME POINT FINANCIAL CORPORATION $235,000 $835,000 255.3% 0.2%
    Midland States Bank $5,865,000 $830,000 -85.8% 0.2%
    HOMESIDE FINANCIAL, LLC $820,000 n/a 0.2%
    UNITED WHOLESALE MORTGAGE, LLC $735,000 $775,000 5.4% 0.2%
    VILLAGE CAPITAL & INVESTMENT LLC $75,000 $725,000 866.7% 0.2%
    Bank of America $630,000 $685,000 8.7% 0.2%
    First State Bank of Bloomington $15,000 $550,000 3,566.7% 0.2%
    SCOTT CREDIT UNION $105,000 $530,000 404.8% 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $635,000 $525,000 -17.3% 0.2%
    FirstBank $515,000 n/a 0.2%
    CLEARPATH LENDING $365,000 $510,000 39.7% 0.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $750,000 $510,000 -32.0% 0.1%
    Colonial Savings, F.A. $215,000 $460,000 114.0% 0.1%
    Commerce Bank $175,000 $425,000 142.9% 0.1%
    Barrington Bank & Trust Company, N.A. $90,000 $420,000 366.7% 0.1%
    Mutual Federal Bank $410,000 n/a 0.1%
    GUILD MORTGAGE COMPANY $405,000 n/a 0.1%
    Stifel Bank and Trust $405,000 n/a 0.1%
    Carrington Mortgage Services, LLC $1,170,000 $400,000 -65.8% 0.1%
    ENDEAVOR CAPITAL, LLC. $1,080,000 $400,000 -63.0% 0.1%
    CNB Bank And Trust, N.A. $650,000 $390,000 -40.0% 0.1%
    ROYAL UNITED MORTGAGE LLC $440,000 $390,000 -11.4% 0.1%
    First Guaranty Mortgage Corporation $305,000 $375,000 23.0% 0.1%
    GREENSTATE CREDIT UNION $375,000 $375,000 0.0% 0.1%
    Community Mortgage Banc Corporation $110,000 $360,000 227.3% 0.1%
    1st Source Bank $355,000 n/a 0.1%
    BMO Harris Bank $70,000 $355,000 407.1% 0.1%
    BROKER SOLUTIONS, INC. $680,000 $355,000 -47.8% 0.1%
    Nations Lending Corporation $55,000 $350,000 536.4% 0.1%
    DELMAR FINANCIAL COMPANY $345,000 n/a 0.1%
    The Park National Bank $315,000 n/a 0.1%
    Ally Bank $300,000 n/a 0.1%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $135,000 $300,000 122.2% 0.1%
    DUPACO COMMUNITY $300,000 n/a 0.1%
    The Federal Savings Bank $450,000 $300,000 -33.3% 0.1%
    Better Banks $145,000 $295,000 103.4% 0.1%
    Carrollton Bank $125,000 $295,000 136.0% 0.1%
    GENEVA FINANCIAL, LLC $295,000 n/a 0.1%
    KELLER MORTGAGE, LLC $75,000 $295,000 293.3% 0.1%
    Waterstone Mortgage Corporation $75,000 $295,000 293.3% 0.1%
    Wyndham Capital Mortgage, Inc. $285,000 n/a 0.1%
    HEARTLAND $435,000 $280,000 -35.6% 0.1%
    American Mortgage & Equity Consultants, Inc. $275,000 n/a 0.1%
    Discover Bank $110,000 $270,000 145.5% 0.1%
    FCB Banks $270,000 $270,000 0.0% 0.1%
    Citizens Bank $260,000 n/a 0.1%
    Northpointe Bank $160,000 $260,000 62.5% 0.1%
    First State Bank of Forrest $255,000 n/a 0.1%
    First Federal Bank of Kansas City $245,000 n/a 0.1%
    Magnolia Bank $115,000 $245,000 113.0% 0.1%
    Third Federal Savings and Loan Association of Cleveland $245,000 n/a 0.1%
    PLANET HOME LENDING, LLC $105,000 $240,000 128.6% 0.1%
    Starion Bank $235,000 n/a 0.1%
    Flagstar Bank, FSB $345,000 $230,000 -33.3% 0.1%
    Luana Savings Bank $120,000 $230,000 91.7% 0.1%
    Austin Capital Bank SSB $225,000 n/a 0.1%
    Visio Financial Services Inc. $225,000 n/a 0.1%
    NEW DAY FINANCIAL, LLC $280,000 $220,000 -21.4% 0.1%
    PHH Mortgage Corporation $360,000 $220,000 -38.9% 0.1%
    21ST MORTGAGE CORPORATION $890,000 $215,000 -75.8% 0.1%
    UNIVERSITY OF ILLINOIS COMMUNITY $210,000 n/a 0.1%
    RUOFF MORTGAGE COMPANY, INC. $205,000 n/a 0.1%
    Citibank $145,000 $200,000 37.9% 0.1%
    ABSOLUTE HOME MORTGAGE CORPORATION $195,000 n/a 0.1%
    Petefish, Skiles & Co. $410,000 $190,000 -53.7% 0.1%
    AmeriHome Mortgage Company, LLC $475,000 $185,000 -61.1% 0.1%
    LEADERONE FINANCIAL CORPORATION $755,000 $180,000 -76.2% 0.1%
    Prosperity Home Mortgage, LLC $175,000 n/a 0.1%
    DIRECT MORTGAGE LOANS, LLC $165,000 n/a 0.0%
    Equity Prime Mortgage LLC $85,000 $165,000 94.1% 0.0%
    Evolve Bank & Trust $155,000 $165,000 6.5% 0.0%
    GUARANTEED RATE AFFINITY, LLC $165,000 n/a 0.0%
    Chicago Mortgage Solutions LLC $160,000 n/a 0.0%
    Badger Bank $155,000 n/a 0.0%
    IAA Credit Union $155,000 n/a 0.0%
    Neighborhood Loans, Inc. $155,000 n/a 0.0%
    TOP FLITE FINANCIAL, INC. $155,000 n/a 0.0%
    Fifth Third Bank $555,000 $150,000 -73.0% 0.0%
    Iroquois Federal Savings and Loan Association $75,000 $145,000 93.3% 0.0%
    ACADEMY MORTGAGE CORPORATION $140,000 n/a 0.0%
    Dieterich Bank $155,000 $140,000 -9.7% 0.0%
    Citizens Bank $135,000 n/a 0.0%
    CMG MORTGAGE, INC. $135,000 n/a 0.0%
    COMPASS MORTGAGE, INC. $490,000 $135,000 -72.4% 0.0%
    German American Bank $135,000 n/a 0.0%
    PROPER RATE, LLC $135,000 $135,000 0.0% 0.0%
    GUIDANCE RESIDENTIAL, LLC $205,000 $125,000 -39.0% 0.0%
    ZILLOW HOME LOANS, LLC $515,000 $125,000 -75.7% 0.0%
    Alliance Community Bank $555,000 $115,000 -79.3% 0.0%
    MORIA DEVELOPMENT, INC. $115,000 n/a 0.0%
    Plains Commerce Bank $95,000 $115,000 21.1% 0.0%
    The Fisher National Bank $110,000 n/a 0.0%
    Bank First, N.A. $105,000 n/a 0.0%
    FIRST CENTENNIAL MORTGAGE CORPORATION $220,000 $105,000 -52.3% 0.0%
    SOFI LENDING CORP. $445,000 $105,000 -76.4% 0.0%
    TOTAL MORTGAGE SERVICES, LLC $105,000 n/a 0.0%
    AMERICAN ADVISORS GROUP $70,000 $100,000 42.9% 0.0%
    Bank of Hillsboro $325,000 $95,000 -70.8% 0.0%
    INLAND BANK & TRUST $95,000 n/a 0.0%
    Mid-Continent Funding, Inc. $95,000 n/a 0.0%
    Truist Bank $135,000 $95,000 -29.6% 0.0%
    Farmers State Bank of Alto Pass $85,000 n/a 0.0%
    First Home Bank $145,000 $85,000 -41.4% 0.0%
    Illinois State Police Federal Credit Union $85,000 n/a 0.0%
    Lakeview Community Capital, LLC $85,000 n/a 0.0%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $685,000 $85,000 -87.6% 0.0%
    Prospect Bank $15,000 $85,000 466.7% 0.0%
    Warren-Boynton State Bank $85,000 n/a 0.0%
    ALLIANT CREDIT UNION $75,000 n/a 0.0%
    Brighton Bank $75,000 n/a 0.0%
    Chicago Financial Services, Inc. $75,000 n/a 0.0%
    Farm Credit Mid-America, ACA $360,000 $75,000 -79.2% 0.0%
    TRIAD FINANCIAL SERVICES, INC. $35,000 $75,000 114.3% 0.0%
    North American Savings Bank, F.S.B. $65,000 n/a 0.0%
    Figure Lending LLC $60,000 n/a 0.0%
    Arvest Bank $470,000 $55,000 -88.3% 0.0%
    Bank of England $45,000 n/a 0.0%
    CAMPUS USA $25,000 $35,000 40.0% 0.0%
    First American Bank $35,000 n/a 0.0%
    Old Second National Bank $35,000 n/a 0.0%
    FINANCE OF AMERICA REVERSE LLC $25,000 n/a 0.0%
    MEMBER FIRST MORTGAGE, LLC $25,000 n/a 0.0%
    SUN WEST MORTGAGE COMPANY, INC. $25,000 n/a 0.0%

    DECATUR's top lender by overall market share is Town & Country Banc Mortgage Services, Inc., with 13.0% market share. In second place, with 9.8%, is Prairie State Bank and Trust, having originated $33,670,000 in loans. In third place, with 5.9%, is QUICKEN LOANS, LLC, having originated $20,325,000 in loans. In third place, with 5.7%, is DRAPER AND KRAMER MORTGAGE CORP., having originated $19,520,000 in loans. In third place, with 5.0%, is Hickory Point Bank and Trust, having originated $17,230,000 in loans.

    DECATUR, IL Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 1,448 $188,800,000 $130,387
    Refi 703 $102,185,000 $145,356
    Cash Out Refi 350 $44,030,000 $125,800
    Home Improvement 69 $2,995,000 $43,406
    Other 60 $4,010,000 $66,833

    Decatur's most frequently cited loan purpose was Home Purchase, with 1,448 originations. The 2nd most popular reason was Refi, with 703 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 942 $126,390,000 $134,172
    2.5-3% 844 $115,790,000 $137,192
    <2.5% 512 $70,280,000 $137,266
    4-5% 126 $9,240,000 $73,333
    Over 8% 11 $325,000 $29,545
    6-7% 8 $680,000 $85,000
    7-8% 8 $220,000 $27,500
    5-6% 7 $475,000 $67,857

    During 2021, Decatur's most frequently originated rate bucket was 3-4%, with 942 originations.

    Loan Sizing (DECATUR, IL MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 1,268 $77,830,000 $61,380
    $100k-200k 955 $129,825,000 $135,942
    $200k-400k 369 $97,825,000 $265,108
    $400k-600k 34 $15,620,000 $459,412
    $600k-1000k 2 $1,500,000 $750,000
    $Over $1MM 2 $19,420,000 $9,710,000

    DECATUR's loan sizing saw the bucket of loans from $100,000 or less with 1,268 originations, totaling $77,830,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 1,276 $172,750,000 $135,384
    60-80% 682 $107,220,000 $157,214
    40-60% 192 $21,950,000 $114,323
    Under 20% 139 $2,035,000 $14,640
    20-40% 91 $5,815,000 $63,901
    Over 100% 19 $5,345,000 $281,316

    DECATUR's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,276 originations, totaling $172,750,000 in origination value.

    Market Conditions (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 $89,950 (0.1%) $116,728 (-9.1%) 0.00 598
    2018-02-01 $90,700 (1.1%) $121,336 (-4.8%) 0.00 580
    2018-03-01 $89,900 (0.0%) $121,821 (-5.8%) 0.00 564
    2018-04-01 $95,000 (0.3%) $126,770 (-5.8%) 0.00 562
    2018-05-01 $97,900 (-0.3%) $129,251 (-7.2%) 0.00 567
    2018-06-01 $96,500 (-3.4%) $131,362 (-6.1%) 0.00 558
    2018-07-01 $96,500 (-2.5%) $132,118 (-0.6%) 0.00 598
    2018-08-01 $97,200 (-2.5%) $137,894 (2.6%) 0.00 613
    2018-09-01 $90,000 (-9.6%) $133,854 (1.3%) 0.00 604
    2018-10-01 $90,200 (-0.6%) $135,554 (8.0%) 0.00 587
    2018-11-01 $94,700 (1.3%) $134,567 (7.7%) 0.00 561
    2018-12-01 $93,000 (3.5%) $133,883 (12.9%) 0.00 515
    2019-01-01 $93,000 (3.4%) $134,936 (15.6%) 0.00 477
    2019-02-01 $104,450 (15.2%) $143,797 (18.5%) 0.00 435
    2019-03-01 $104,186 (15.9%) $142,384 (16.9%) 0.00 431
    2019-04-01 $112,200 (18.1%) $147,099 (16.0%) 0.00 427
    2019-05-01 $114,200 (16.7%) $158,004 (22.3%) 0.00 441
    2019-06-01 $111,897 (16.0%) $155,416 (18.3%) 0.00 534
    2019-07-01 $109,850 (13.8%) $149,591 (13.2%) 0.00 551
    2019-08-01 $107,957 (11.1%) $147,623 (7.1%) 0.00 549
    2019-09-01 $107,657 (19.6%) $147,259 (10.0%) 0.00 533
    2019-10-01 $107,450 (19.1%) $145,484 (7.3%) 0.00 516
    2019-11-01 $104,000 (9.8%) $139,812 (3.9%) 0.00 484
    2019-12-01 $99,900 (7.4%) $139,085 (3.9%) 0.00 420
    2020-01-01 $96,000 (3.2%) $131,908 (-2.2%) 0.00 382
    2020-02-01 $98,900 (-5.3%) $132,721 (-7.7%) 0.00 349
    2020-03-01 $108,400 (4.0%) $138,167 (-3.0%) 0.00 352
    2020-04-01 $104,950 (-6.5%) $136,931 (-6.9%) 0.00 329
    2020-05-01 $112,000 (-1.9%) $146,239 (-7.5%) 0.00 307
    2020-06-01 $115,000 (2.8%) $156,361 (0.6%) 0.00 259
    2020-07-01 $110,500 (0.6%) $148,359 (-0.8%) 0.00 289
    2020-08-01 $99,900 (-7.5%) $144,863 (-1.9%) 0.00 266
    2020-09-01 $103,949 (-3.4%) $143,149 (-2.8%) 0.00 249
    2020-10-01 $100,000 (-6.9%) $143,342 (-1.5%) 0.00 227
    2020-11-01 $98,000 (-5.8%) $136,953 (-2.0%) 0.00 238
    2020-12-01 $89,900 (-10.0%) $128,931 (-7.3%) 0.00 232
    2021-01-01 $89,900 (-6.4%) $128,097 (-2.9%) 0.00 211
    2021-02-01 $91,500 (-7.5%) $133,279 (0.4%) 0.00 180
    2021-03-01 $97,450 (-10.1%) $143,238 (3.7%) 0.00 155
    2021-04-01 $92,000 (-12.3%) $145,783 (6.5%) 0.00 142
    2021-05-01 $105,000 (-6.3%) $169,505 (15.9%) 0.00 148
    2021-06-01 $99,900 (-13.1%) $177,761 (13.7%) 0.00 141
    2021-07-01 $91,000 (-17.7%) $177,518 (19.7%) 0.00 146
    2021-08-01 $89,900 (-10.0%) $170,583 (17.8%) 0.00 168
    2021-09-01 $104,900 (0.9%) $179,358 (25.3%) 0.00 187
    2021-10-01 $110,900 (10.9%) $172,600 (20.4%) 0.00 183
    2021-11-01 $105,950 (8.1%) $159,967 (16.8%) 0.00 170
    2021-12-01 $99,899 (11.1%) $153,976 (19.4%) 0.00 167
    2022-01-01 $94,500 (5.1%) $140,699 (9.8%) 0.00 147
    2022-02-01 $89,900 (-1.8%) $145,560 (9.2%) 0.00 141
    2022-03-01 $87,000 (-10.7%) $148,411 (3.6%) 0.00 130
    2022-04-01 $89,900 (-2.3%) $170,882 (17.2%) 0.00 136
    2022-05-01 $115,750 (10.2%) $183,133 (8.0%) 0.00 145
    2022-06-01 $124,950 (25.1%) $187,798 (5.7%) 0.00 151
    DECATUR's median listing price for 2022-06-01 was $124,950, a difference of $25,050 (25.1%) versus the prior year and $9,200 versus the prior month.

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

    DECATUR's average listing price for 2022-06-01 was $187,798, a difference of $10,037 (5.7%) versus the prior year and $4,665 versus the prior month.

    For the 2022-06-01 period, DECATUR had 151 MLS listings, a difference of 6 listings (4%) versus the prior month and 10 listings (7%) 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 0 days 1,610 sqft
    2018-02-01 0 days 1,638 sqft
    2018-03-01 0 days 1,649 sqft
    2018-04-01 0 days 1,717 sqft
    2018-05-01 0 days 1,679 sqft
    2018-06-01 0 days 1,717 sqft
    2018-07-01 0 days 1,666 sqft
    2018-08-01 0 days 1,665 sqft
    2018-09-01 0 days 1,656 sqft
    2018-10-01 0 days 1,667 sqft
    2018-11-01 0 days 1,656 sqft
    2018-12-01 0 days 1,636 sqft
    2019-01-01 0 days 1,640 sqft
    2019-02-01 0 days 1,749 sqft
    2019-03-01 0 days 1,754 sqft
    2019-04-01 0 days 1,790 sqft
    2019-05-01 0 days 1,795 sqft
    2019-06-01 0 days 1,787 sqft
    2019-07-01 0 days 1,759 sqft
    2019-08-01 0 days 1,761 sqft
    2019-09-01 0 days 1,767 sqft
    2019-10-01 0 days 1,770 sqft
    2019-11-01 0 days 1,728 sqft
    2019-12-01 0 days 1,718 sqft
    2020-01-01 0 days 1,670 sqft
    2020-02-01 0 days 1,713 sqft
    2020-03-01 0 days 1,789 sqft
    2020-04-01 0 days 1,729 sqft
    2020-05-01 0 days 1,765 sqft
    2020-06-01 0 days 1,832 sqft
    2020-07-01 0 days 1,754 sqft
    2020-08-01 0 days 1,750 sqft
    2020-09-01 0 days 1,783 sqft
    2020-10-01 0 days 1,794 sqft
    2020-11-01 0 days 1,716 sqft
    2020-12-01 0 days 1,622 sqft
    2021-01-01 0 days 1,561 sqft
    2021-02-01 0 days 1,592 sqft
    2021-03-01 0 days 1,633 sqft
    2021-04-01 0 days 1,657 sqft
    2021-05-01 0 days 1,718 sqft
    2021-06-01 0 days 1,675 sqft
    2021-07-01 0 days 1,644 sqft
    2021-08-01 0 days 1,653 sqft
    2021-09-01 0 days 1,623 sqft
    2021-10-01 0 days 1,633 sqft
    2021-11-01 0 days 1,551 sqft
    2021-12-01 0 days 1,605 sqft
    2022-01-01 0 days 1,492 sqft
    2022-02-01 0 days 1,453 sqft
    2022-03-01 0 days 1,399 sqft
    2022-04-01 0 days 1,312 sqft
    2022-05-01 0 days 1,532 sqft
    2022-06-01 0 days 1,766 sqft
    DECATUR's median listing age (time on market) for 2022-06-01 was 0 days.

    DECATUR's median square footage for active listings during the 2022-06-01 period was 1,766 sqft. One year prior, the average listing was 1,675 sqft.