DeRidder Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Deridder averaged
7.09%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
7.32% and
one month ago for the week of 2023-02-09, the
average rate was 6.61%.
Deridder's average rate one year ago was 4.44%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.65%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
Deridder 30 Year Fixed Rate | 2023-03-16 | 7.09% |
Deridder 30 Year Fixed Rate Refi | 2023-03-16 | 6.65% |
Deridder 15 Year Fixed Rate | 2023-03-16 | 7.44% |
Deridder 15 Year Fixed Rate Refi | 2023-03-16 | 6.73% |
Deridder 30 Year FHA | 2023-03-16 | 6.53% |
Deridder 30 Year FHA Refi | 2023-03-16 | 6.5% |
Deridder 30 Year USDA | 2023-03-16 | 6.62% |
Deridder 30 Year USDA Refi | 2023-03-16 | 7.14% |
Deridder 30 Year VA | 2023-03-16 | 6.38% |
Deridder 30 Year VA Refi | 2023-03-16 | 6.35% |
DeRidder 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 DeRidder, LA 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.).
DeRidder Average Closing Costs & Other Stats
DeRidder, LA's 57 lenders originated 1,167
loans during 2021. The total origination value was $200,175,000, with an average loan value of
$171,530.
DeRidder's average closing costs are $4,786.
The top DeRidder lender as defined by loan originations is Citizens Bank, with
26 loans originated. Their average total fees are
$3,248, which is $1,826
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee DeRidder lenders (with over 10 loans originated) are
Citizens Bank ($3,248), EUSTIS AND AMERICAN MORTGAGE COMPANY ($3,297), MORTGAGE FINANCIAL SERVICES, LLC ($3,312), UNITED WHOLESALE MORTGAGE, LLC ($3,796) and GMFS LLC ($3,996).
The lowest rate DeRidder lenders (with over 10 loans originated) are
CRESCENT MORTGAGE COMPANY (2.94%), Citizens Bank (2.97%), GMFS LLC (3.04%), BARKSDALE (3.06%) and EUSTIS AND AMERICAN MORTGAGE COMPANY (3.11%).
DeRidder, LA 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
---|---|---|---|---|
EUSTIS AND AMERICAN MORTGAGE COMPANY | $16,845,000 | $15,705,000 | -6.8% | 7.8% |
FREEDOM MORTGAGE CORPORATION | $21,165,000 | $14,380,000 | -32.1% | 7.2% |
QUICKEN LOANS, LLC | $13,450,000 | $12,725,000 | -5.4% | 6.4% |
Citizens Bank | $8,460,000 | $9,415,000 | 11.3% | 4.7% |
First National Bank in DeRidder | $8,895,000 | $7,780,000 | -12.5% | 3.9% |
UNITED WHOLESALE MORTGAGE, LLC | $1,805,000 | $7,070,000 | 291.7% | 3.5% |
GMFS LLC | $2,810,000 | $6,840,000 | 143.4% | 3.4% |
CRESCENT MORTGAGE COMPANY | $9,040,000 | $6,260,000 | -30.8% | 3.1% |
21ST MORTGAGE CORPORATION | $3,520,000 | $5,690,000 | 61.6% | 2.8% |
MORTGAGE FINANCIAL SERVICES, LLC | $3,105,000 | $5,575,000 | 79.5% | 2.8% |
NTFN, INC. | $5,065,000 | $5,475,000 | 8.1% | 2.7% |
BARKSDALE | $4,765,000 | $5,405,000 | 13.4% | 2.7% |
Sabine State Bank and Trust Company | $7,475,000 | $5,360,000 | -28.3% | 2.7% |
Mortgage Research Center, LLC | $4,355,000 | $5,215,000 | 19.7% | 2.6% |
PENNYMAC LOAN SERVICES, LLC | $3,420,000 | $3,895,000 | 13.9% | 1.9% |
LOANDEPOT.COM, LLC | $2,595,000 | $3,650,000 | 40.7% | 1.8% |
b1BANK | $1,040,000 | $3,560,000 | 242.3% | 1.8% |
FIDELITY BANK | $2,845,000 | $3,050,000 | 7.2% | 1.5% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,450,000 | $3,010,000 | 22.9% | 1.5% |
Wells Fargo Bank | $1,670,000 | $3,005,000 | 79.9% | 1.5% |
HOME POINT FINANCIAL CORPORATION | $1,330,000 | $2,735,000 | 105.6% | 1.4% |
NAVY FEDERAL CREDIT UNION | $2,260,000 | $2,675,000 | 18.4% | 1.3% |
LAKEVIEW LOAN SERVICING, LLC | $760,000 | $2,585,000 | 240.1% | 1.3% |
Red River Bank | $225,000 | $2,545,000 | 1,031.1% | 1.3% |
The Evangeline Bank & Trust Company | $355,000 | $2,360,000 | 564.8% | 1.2% |
CALIBER HOME LOANS, INC. | $1,985,000 | $2,265,000 | 14.1% | 1.1% |
JPMorgan Chase Bank | $1,905,000 | $2,135,000 | 12.1% | 1.1% |
AMERICAN FINANCIAL RESOURCES, INC. | $1,515,000 | $2,095,000 | 38.3% | 1.0% |
First Horizon Bank | $2,080,000 | n/a | 1.0% | |
CSE Federal Credit Union | $1,915,000 | $2,060,000 | 7.6% | 1.0% |
First Federal Bank of Louisiana | $4,155,000 | $1,995,000 | -52.0% | 1.0% |
USAA Federal Savings Bank | $2,320,000 | $1,885,000 | -18.8% | 0.9% |
MID AMERICA MORTGAGE, INC. | $3,310,000 | $1,720,000 | -48.0% | 0.9% |
TRIAD FINANCIAL SERVICES, INC. | $455,000 | $1,675,000 | 268.1% | 0.8% |
VILLAGE CAPITAL & INVESTMENT LLC | $1,180,000 | $1,560,000 | 32.2% | 0.8% |
BancorpSouth Bank | $1,545,000 | n/a | 0.8% | |
NEWREZ LLC | $910,000 | $1,505,000 | 65.4% | 0.8% |
GUILD MORTGAGE COMPANY | $510,000 | $1,345,000 | 163.7% | 0.7% |
Mr. Cooper ( Nationstar Mortgage ) | $1,000,000 | $1,320,000 | 32.0% | 0.7% |
Merchants & Farmers Bank & Trust Company | $1,610,000 | $1,240,000 | -23.0% | 0.6% |
Nations Lending Corporation | $650,000 | $1,190,000 | 83.1% | 0.6% |
AMERISAVE MORTGAGE CORPORATION | $1,050,000 | $1,125,000 | 7.1% | 0.6% |
Gateway First Bank | $265,000 | $1,010,000 | 281.1% | 0.5% |
NEW DAY FINANCIAL, LLC | $710,000 | $1,005,000 | 41.5% | 0.5% |
DAS Acquisition Company, LLC | $315,000 | $985,000 | 212.7% | 0.5% |
The Federal Savings Bank | $915,000 | $835,000 | -8.7% | 0.4% |
SOUTHWEST LOUISIANA CREDIT UNION | $135,000 | $790,000 | 485.2% | 0.4% |
AMCAP MORTGAGE, LTD. | $315,000 | $775,000 | 146.0% | 0.4% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $715,000 | $760,000 | 6.3% | 0.4% |
Flagstar Bank, FSB | $990,000 | $755,000 | -23.7% | 0.4% |
Merchants Bank of Indiana | $1,275,000 | $705,000 | -44.7% | 0.4% |
Carrington Mortgage Services, LLC | $230,000 | $690,000 | 200.0% | 0.3% |
CLEARPATH LENDING | $2,085,000 | $645,000 | -69.1% | 0.3% |
AMERICAN FINANCIAL NETWORK, INC. | $330,000 | $585,000 | 77.3% | 0.3% |
BETTER MORTGAGE CORPORATION | $585,000 | n/a | 0.3% | |
SUN WEST MORTGAGE COMPANY, INC. | $585,000 | n/a | 0.3% | |
MOVEMENT MORTGAGE, LLC | $550,000 | n/a | 0.3% | |
SOUTHWEST STAGE FUNDING, LLC | $705,000 | $550,000 | -22.0% | 0.3% |
CREDIT HUMAN FEDERAL CREDIT UNION | $295,000 | $535,000 | 81.4% | 0.3% |
Low VA Rates, LLC | $350,000 | $525,000 | 50.0% | 0.3% |
The Bank | $325,000 | $490,000 | 50.8% | 0.2% |
Reliant Bank | $275,000 | $480,000 | 74.5% | 0.2% |
ADVANCIAL | $185,000 | $475,000 | 156.8% | 0.2% |
Lakeside Bank | $155,000 | $465,000 | 200.0% | 0.2% |
Charles Schwab Bank, SSB | $455,000 | n/a | 0.2% | |
Barrington Bank & Trust Company, N.A. | $405,000 | $450,000 | 11.1% | 0.2% |
CSL Financial, LLC | $330,000 | $440,000 | 33.3% | 0.2% |
AmeriHome Mortgage Company, LLC | $125,000 | $370,000 | 196.0% | 0.2% |
CROSSCOUNTRY MORTGAGE, LLC | $360,000 | n/a | 0.2% | |
Hancock Whitney Bank | $1,025,000 | $360,000 | -64.9% | 0.2% |
NATIONS RELIABLE LENDING, LLC | $350,000 | n/a | 0.2% | |
Colonial Savings, F.A. | $335,000 | n/a | 0.2% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $145,000 | $325,000 | 124.1% | 0.2% |
Jeff Davis Bancshares, Inc. | $1,345,000 | $315,000 | -76.6% | 0.2% |
Discover Bank | $290,000 | n/a | 0.1% | |
CANOPY MORTGAGE, LLC | $285,000 | n/a | 0.1% | |
NBKC BANK | $275,000 | n/a | 0.1% | |
CHERRY CREEK MORTGAGE, LLC | $265,000 | n/a | 0.1% | |
First Guaranty Mortgage Corporation | $580,000 | $255,000 | -56.0% | 0.1% |
UNITED BUILT HOMES, L.L.C. | $420,000 | $255,000 | -39.3% | 0.1% |
PNC Bank | $155,000 | $250,000 | 61.3% | 0.1% |
Abbeville Building & Loan (A State-Chartered Savings Bank) | $245,000 | n/a | 0.1% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $500,000 | $245,000 | -51.0% | 0.1% |
INTERLINC MORTGAGE SERVICES, LLC | $245,000 | n/a | 0.1% | |
PREMIA MORTGAGE, LLC | $235,000 | n/a | 0.1% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $125,000 | $225,000 | 80.0% | 0.1% |
ACCELERATE MORTGAGE, LLC | $215,000 | n/a | 0.1% | |
ASHLAND Credit Union | $215,000 | n/a | 0.1% | |
Beeline Loans, Inc. | $215,000 | n/a | 0.1% | |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $205,000 | n/a | 0.1% | |
First Federal Bank | $205,000 | n/a | 0.1% | |
THE MORTGAGE FIRM, INC. | $205,000 | n/a | 0.1% | |
Bank of America | $200,000 | n/a | 0.1% | |
AMERICAN FINANCING CORPORATION | $275,000 | $185,000 | -32.7% | 0.1% |
APCI Federal Credit Union | $185,000 | n/a | 0.1% | |
PENTAGON FEDERAL CREDIT UNION | $185,000 | n/a | 0.1% | |
NP, Inc. | $175,000 | n/a | 0.1% | |
RED RIVER EMPLOYEES | $65,000 | $170,000 | 161.5% | 0.1% |
Lakeview Community Capital, LLC | $165,000 | n/a | 0.1% | |
PLAZA HOME MORTGAGE, INC. | $250,000 | $165,000 | -34.0% | 0.1% |
Truist Bank | $155,000 | n/a | 0.1% | |
First Federal Bank | $145,000 | n/a | 0.1% | |
Paramount Bank | $185,000 | $145,000 | -21.6% | 0.1% |
Citizens National Bank, N.A. | $135,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $240,000 | $125,000 | -47.9% | 0.1% |
Pelican State Credit Union | $120,000 | n/a | 0.1% | |
Regions Bank | $115,000 | n/a | 0.1% | |
MEMBER HOME LOAN, L.L.C. | $105,000 | n/a | 0.1% | |
AMERICAN ADVISORS GROUP | $145,000 | $100,000 | -31.0% | 0.0% |
Home Loan Investment Bank, F.S.B. | $25,000 | n/a | 0.0% |
DeRidder's top lender by overall market share is EUSTIS AND AMERICAN MORTGAGE COMPANY, with 7.8% market share. In second place, with 7.2%, is FREEDOM MORTGAGE CORPORATION, having originated $14,380,000 in loans. In third place, with 6.4%, is QUICKEN LOANS, LLC, having originated $12,725,000 in loans. In fourth place, with 4.7%, is Citizens Bank, having originated $9,415,000 in loans. In fifth place, with 3.9%, is First National Bank in DeRidder, having originated $7,780,000 in loans.
DeRidder Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - DeRidder (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 | $182,125 (2.0%) | $189,240 (4.7%) | 0.00 | 203 |
2018-02-01 | $187,000 (7.8%) | $191,051 (7.2%) | 0.00 | 196 |
2018-03-01 | $180,000 (6.8%) | $190,648 (3.2%) | 0.00 | 198 |
2018-04-01 | $181,750 (1.4%) | $192,784 (1.3%) | 0.00 | 209 |
2018-05-01 | $183,500 (2.2%) | $194,072 (-1.6%) | 0.00 | 203 |
2018-06-01 | $185,216 (3.3%) | $194,602 (-3.2%) | 0.00 | 194 |
2018-07-01 | $189,000 (5.6%) | $202,648 (3.0%) | 0.00 | 210 |
2018-08-01 | $189,000 (3.0%) | $204,169 (-0.1%) | 0.00 | 218 |
2018-09-01 | $189,000 (5.0%) | $205,367 (-2.0%) | 0.00 | 214 |
2018-10-01 | $189,900 (5.8%) | $207,541 (1.2%) | 0.00 | 194 |
2018-11-01 | $186,979 (3.9%) | $210,189 (4.5%) | 0.00 | 185 |
2018-12-01 | $188,500 (4.8%) | $213,671 (8.2%) | 0.00 | 185 |
2019-01-01 | $188,350 (3.4%) | $212,070 (12.1%) | 0.00 | 173 |
2019-02-01 | $187,625 (0.3%) | $208,535 (9.2%) | 0.00 | 166 |
2019-03-01 | $189,729 (5.4%) | $207,980 (9.1%) | 0.00 | 159 |
2019-04-01 | $189,529 (4.3%) | $207,605 (7.7%) | 0.00 | 157 |
2019-05-01 | $181,225 (-1.2%) | $214,681 (10.6%) | 0.00 | 161 |
2019-06-01 | $185,000 (-0.1%) | $221,407 (13.8%) | 0.00 | 169 |
2019-07-01 | $179,975 (-4.8%) | $214,602 (5.9%) | 0.00 | 165 |
2019-08-01 | $179,850 (-4.8%) | $216,118 (5.9%) | 0.00 | 164 |
2019-09-01 | $179,625 (-5.0%) | $218,270 (6.3%) | 0.00 | 159 |
2019-10-01 | $177,225 (-6.7%) | $220,578 (6.3%) | 0.00 | 150 |
2019-11-01 | $189,900 (1.6%) | $226,539 (7.8%) | 0.00 | 140 |
2019-12-01 | $193,200 (2.5%) | $227,280 (6.4%) | 0.00 | 136 |
2020-01-01 | $203,425 (8.0%) | $235,945 (11.3%) | 0.00 | 135 |
2020-02-01 | $202,400 (7.9%) | $237,138 (13.7%) | 0.00 | 124 |
2020-03-01 | $202,225 (6.6%) | $241,601 (16.2%) | 0.00 | 119 |
2020-04-01 | $199,975 (5.5%) | $235,942 (13.7%) | 0.00 | 128 |
2020-05-01 | $191,200 (5.5%) | $203,507 (-5.2%) | 0.00 | 130 |
2020-06-01 | $199,750 (8.0%) | $210,842 (-4.8%) | 0.00 | 136 |
2020-07-01 | $193,125 (7.3%) | $214,879 (0.1%) | 0.00 | 119 |
2020-08-01 | $207,500 (15.4%) | $230,854 (6.8%) | 0.00 | 110 |
2020-09-01 | $218,000 (21.4%) | $230,903 (5.8%) | 0.00 | 100 |
2020-10-01 | $188,900 (6.6%) | $215,710 (-2.2%) | 0.00 | 83 |
2020-11-01 | $174,625 (-8.0%) | $212,014 (-6.4%) | 0.00 | 73 |
2020-12-01 | $215,500 (11.5%) | $235,983 (3.8%) | 0.00 | 69 |
2021-01-01 | $209,948 (3.2%) | $217,462 (-7.8%) | 0.00 | 56 |
2021-02-01 | $191,375 (-5.5%) | $211,850 (-10.7%) | 0.00 | 56 |
2021-03-01 | $170,975 (-15.5%) | $202,355 (-16.2%) | 0.00 | 48 |
2021-04-01 | $197,175 (-1.4%) | $227,944 (-3.4%) | 0.00 | 47 |
2021-05-01 | $189,500 (-0.9%) | $212,320 (4.3%) | 0.00 | 43 |
2021-06-01 | $153,350 (-23.2%) | $242,782 (15.2%) | 0.00 | 43 |
2021-07-01 | $175,000 (-9.4%) | $295,056 (37.3%) | 0.00 | 46 |
2021-08-01 | $164,000 (-21.0%) | $297,186 (28.7%) | 0.00 | 50 |
2021-09-01 | $187,500 (-14.0%) | $287,617 (24.6%) | 0.00 | 55 |
2021-10-01 | $171,500 (-9.2%) | $289,848 (34.4%) | 0.00 | 52 |
2021-11-01 | $165,975 (-5.0%) | $292,966 (38.2%) | 0.00 | 58 |
2021-12-01 | $166,475 (-22.8%) | $286,879 (21.6%) | 0.00 | 57 |
2022-01-01 | $187,250 (-10.8%) | $285,192 (31.2%) | 0.00 | 53 |
2022-02-01 | $164,950 (-13.8%) | $298,802 (41.0%) | 0.00 | 46 |
2022-03-01 | $156,175 (-8.7%) | $325,521 (60.9%) | 0.00 | 37 |
2022-04-01 | $195,500 (-0.9%) | $343,369 (50.6%) | 0.00 | 36 |
2022-05-01 | $215,750 (13.9%) | $230,323 (8.5%) | 0.00 | 57 |
2022-06-01 | $204,000 (33.0%) | $219,832 (-9.5%) | 0.00 | 64 |
2022-07-01 | $209,500 (19.7%) | $224,679 (-23.9%) | 0.00 | 77 |
2022-08-01 | $196,000 (19.5%) | $217,076 (-27.0%) | 0.00 | 91 |
2022-09-01 | $195,250 (4.1%) | $219,141 (-23.8%) | 0.00 | 92 |
2022-10-01 | $209,500 (22.2%) | $232,697 (-19.7%) | 0.00 | 95 |
2022-11-01 | $229,500 (38.3%) | $255,848 (-12.7%) | 0.00 | 96 |
2022-12-01 | $239,000 (43.6%) | $276,408 (-3.7%) | 0.00 | 90 |
2023-01-01 | $229,500 (22.6%) | $271,421 (-4.8%) | 0.00 | 89 |
2023-02-01 | $233,750 (41.7%) | $265,066 (-11.3%) | 0.00 | 95 |
DeRidder's median listing price comes in at 0% of the national average.
DeRidder's average listing price for 2023-02-01 was $265,066, a difference of $-33,736 (-11.3%) versus the prior year and $-6,355 versus the prior month.
For the 2023-02-01 period, DeRidder had 95 MLS listings, a difference of 6 listings (7%) versus the prior month and 49 listings (107%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - DeRidder (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,201 sqft |
2018-02-01 | 0 days | 2,251 sqft |
2018-03-01 | 0 days | 2,200 sqft |
2018-04-01 | 0 days | 2,199 sqft |
2018-05-01 | 0 days | 2,198 sqft |
2018-06-01 | 0 days | 2,266 sqft |
2018-07-01 | 0 days | 2,352 sqft |
2018-08-01 | 0 days | 2,342 sqft |
2018-09-01 | 0 days | 2,406 sqft |
2018-10-01 | 0 days | 2,424 sqft |
2018-11-01 | 0 days | 2,346 sqft |
2018-12-01 | 0 days | 2,354 sqft |
2019-01-01 | 0 days | 2,430 sqft |
2019-02-01 | 0 days | 2,412 sqft |
2019-03-01 | 0 days | 2,404 sqft |
2019-04-01 | 0 days | 2,406 sqft |
2019-05-01 | 0 days | 2,378 sqft |
2019-06-01 | 0 days | 2,358 sqft |
2019-07-01 | 0 days | 2,374 sqft |
2019-08-01 | 0 days | 2,336 sqft |
2019-09-01 | 0 days | 2,275 sqft |
2019-10-01 | 0 days | 2,228 sqft |
2019-11-01 | 0 days | 2,227 sqft |
2019-12-01 | 0 days | 2,300 sqft |
2020-01-01 | 0 days | 2,324 sqft |
2020-02-01 | 0 days | 2,290 sqft |
2020-03-01 | 0 days | 2,122 sqft |
2020-04-01 | 0 days | 1,990 sqft |
2020-05-01 | 0 days | 1,889 sqft |
2020-06-01 | 0 days | 1,913 sqft |
2020-07-01 | 0 days | 1,905 sqft |
2020-08-01 | 0 days | 1,878 sqft |
2020-09-01 | 0 days | 1,858 sqft |
2020-10-01 | 0 days | 1,835 sqft |
2020-11-01 | 0 days | 1,777 sqft |
2020-12-01 | 0 days | 1,896 sqft |
2021-01-01 | 0 days | 1,853 sqft |
2021-02-01 | 0 days | 1,839 sqft |
2021-03-01 | 0 days | 1,842 sqft |
2021-04-01 | 0 days | 1,804 sqft |
2021-05-01 | 0 days | 1,762 sqft |
2021-06-01 | 0 days | 1,634 sqft |
2021-07-01 | 0 days | 1,651 sqft |
2021-08-01 | 0 days | 1,716 sqft |
2021-09-01 | 0 days | 1,726 sqft |
2021-10-01 | 0 days | 1,718 sqft |
2021-11-01 | 0 days | 1,692 sqft |
2021-12-01 | 0 days | 1,692 sqft |
2022-01-01 | 0 days | 1,809 sqft |
2022-02-01 | 0 days | 1,804 sqft |
2022-03-01 | 0 days | 1,858 sqft |
2022-04-01 | 0 days | 1,820 sqft |
2022-05-01 | 0 days | 1,890 sqft |
2022-06-01 | 0 days | 1,735 sqft |
2022-07-01 | 0 days | 1,764 sqft |
2022-08-01 | 0 days | 1,709 sqft |
2022-09-01 | 0 days | 1,679 sqft |
2022-10-01 | 0 days | 1,682 sqft |
2022-11-01 | 0 days | 1,799 sqft |
2022-12-01 | 0 days | 1,840 sqft |
2023-01-01 | 0 days | 1,838 sqft |
2023-02-01 | 0 days | 1,842 sqft |
DeRidder's median square footage for active listings during the 2023-02-01 period was 1,842 sqft. One year prior, the average listing was 1,804 sqft.
DeRidder, LA Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 554 | $98,630,000 | $178,032 |
Refi | 469 | $79,475,000 | $169,456 |
Cash Out Refi | 120 | $19,040,000 | $158,667 |
Home Improvement | 15 | $1,525,000 | $101,667 |
Other | 9 | $1,505,000 | $167,222 |
Deridder's most frequently cited loan purpose was Home Purchase, with 554 originations. The 2nd most popular reason was Refi, with 469 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
2.5-3% | 336 | $68,910,000 | $205,089 |
3-4% | 276 | $51,650,000 | $187,138 |
<2.5% | 230 | $45,520,000 | $197,913 |
4-5% | 74 | $9,530,000 | $128,784 |
5-6% | 42 | $3,930,000 | $93,571 |
6-7% | 39 | $2,915,000 | $74,744 |
Over 8% | 36 | $3,320,000 | $92,222 |
7-8% | 30 | $2,600,000 | $86,667 |
During 2021, Deridder's most frequently originated rate bucket was 2.5-3%, with 336 originations.
Loan Sizing (DeRidder, LA MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 501 | $74,925,000 | $149,551 |
$200k-400k | 381 | $98,275,000 | $257,940 |
$100,000 or less | 267 | $16,385,000 | $61,367 |
$400k-600k | 16 | $7,620,000 | $476,250 |
$600k-1000k | 1 | $655,000 | $655,000 |
$Over $1MM | 1 | $2,315,000 | $2,315,000 |
DeRidder's loan sizing saw the bucket of loans from $100k-200k with 501 originations, totaling $74,925,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 469 | $89,525,000 | $190,885 |
60-80% | 233 | $42,355,000 | $181,781 |
40-60% | 94 | $12,910,000 | $137,340 |
20-40% | 55 | $3,895,000 | $70,818 |
Over 100% | 46 | $10,340,000 | $224,783 |
Under 20% | 9 | $215,000 | $23,889 |
DeRidder's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 469 originations, totaling $89,525,000 in origination value.