DeRidder Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Deridder averaged
7.24%
for the week of 2023-09-14, compared to the national average of
7.18% for the same period.
The average rate for the prior week (2023-09-07) was
6.78% and
one month ago for the week of 2023-08-10, the
average rate was 6.92%.
Deridder's average rate one year ago was 5.95%.
For refis of the same type during the week of 2023-09-14, the average rate
was 7.58%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-09-14 | 7.18% |
Deridder 30 Year Fixed Rate | 2023-09-14 | 7.24% |
Deridder 30 Year Fixed Rate Refi | 2023-09-14 | 7.58% |
Deridder 15 Year Fixed Rate | 2023-09-14 | 6.41% |
Deridder 15 Year Fixed Rate Refi | 2023-09-14 | 7.01% |
Deridder 30 Year FHA | 2023-09-14 | 7.03% |
Deridder 30 Year FHA Refi | 2023-09-14 | 6.79% |
Deridder 30 Year USDA | 2023-09-14 | 6.88% |
Deridder 30 Year USDA Refi | 2023-09-14 | 7.18% |
Deridder 30 Year VA | 2023-09-14 | 6.36% |
Deridder 30 Year VA Refi | 2023-09-14 | 6.81% |
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 39 lenders originated 768
loans during 2022. The total origination value was $139,380,000, with an average loan value of
$181,484.
DeRidder's average closing costs are $5,032.
The top DeRidder lender as defined by loan originations is GMFS LLC, with
18 loans originated. Their average total fees are
$4,651, which is $618
higher than the next largest lender,
EUSTIS AND AMERICAN MORTGAGE COMPANY.
The lowest fee DeRidder lenders (with over 10 loans originated) are
EUSTIS AND AMERICAN MORTGAGE COMPANY ($4,033), GMFS LLC ($4,651), UNITED WHOLESALE MORTGAGE, LLC ($5,247), .
The lowest rate DeRidder lenders (with over 10 loans originated) are
EUSTIS AND AMERICAN MORTGAGE COMPANY (4.83%), GMFS LLC (5.05%), UNITED WHOLESALE MORTGAGE, LLC (6.14%), .
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
First National Bank in DeRidder | $7,780,000 | $11,845,000 | 52.2% | 8.5% |
UNITED WHOLESALE MORTGAGE, LLC | $7,070,000 | $10,940,000 | 54.7% | 7.8% |
EUSTIS AND AMERICAN MORTGAGE COMPANY | $15,705,000 | $9,165,000 | -41.6% | 6.6% |
Mortgage Research Center, LLC | $5,215,000 | $7,320,000 | 40.4% | 5.3% |
QUICKEN LOANS, LLC | $12,725,000 | $5,520,000 | -56.6% | 4.0% |
GMFS LLC | $6,840,000 | $5,490,000 | -19.7% | 3.9% |
NTFN, INC. | $5,475,000 | $5,105,000 | -6.8% | 3.7% |
FREEDOM MORTGAGE CORPORATION | $14,380,000 | $5,095,000 | -64.6% | 3.7% |
b1BANK | $3,560,000 | $4,790,000 | 34.6% | 3.4% |
Sabine State Bank and Trust Company | $5,360,000 | $4,420,000 | -17.5% | 3.2% |
Citizens Bank | $9,415,000 | $4,335,000 | -54.0% | 3.1% |
First Federal Bank of Louisiana | $1,995,000 | $3,460,000 | 73.4% | 2.5% |
21ST MORTGAGE CORPORATION | $5,690,000 | $3,330,000 | -41.5% | 2.4% |
NAVY FEDERAL CREDIT UNION | $2,675,000 | $2,880,000 | 7.7% | 2.1% |
CRESCENT MORTGAGE COMPANY | $6,260,000 | $2,830,000 | -54.8% | 2.0% |
Merchants & Farmers Bank & Trust Company | $1,240,000 | $2,540,000 | 104.8% | 1.8% |
The Evangeline Bank & Trust Company | $2,360,000 | $2,375,000 | 0.6% | 1.7% |
PENNYMAC LOAN SERVICES, LLC | $3,895,000 | $2,305,000 | -40.8% | 1.7% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $3,010,000 | $2,280,000 | -24.3% | 1.6% |
SOUTHWEST LOUISIANA CREDIT UNION | $790,000 | $2,255,000 | 185.4% | 1.6% |
LOANDEPOT.COM, LLC | $3,650,000 | $2,185,000 | -40.1% | 1.6% |
CSE Federal Credit Union | $2,060,000 | $2,160,000 | 4.9% | 1.5% |
MORTGAGE FINANCIAL SERVICES, LLC | $5,575,000 | $1,760,000 | -68.4% | 1.3% |
FIDELITY BANK | $3,050,000 | $1,740,000 | -43.0% | 1.2% |
JPMorgan Chase Bank | $2,135,000 | $1,555,000 | -27.2% | 1.1% |
BARKSDALE | $5,405,000 | $1,530,000 | -71.7% | 1.1% |
CALIBER HOME LOANS, INC. | $2,265,000 | $1,420,000 | -37.3% | 1.0% |
USAA Federal Savings Bank | $1,885,000 | $1,385,000 | -26.5% | 1.0% |
First Horizon Bank | $2,080,000 | $1,325,000 | -36.3% | 1.0% |
Lakeside Bank | $465,000 | $1,160,000 | 149.5% | 0.8% |
AMERICAN FINANCIAL RESOURCES, INC. | $2,095,000 | $1,075,000 | -48.7% | 0.8% |
TRIAD FINANCIAL SERVICES, INC. | $1,675,000 | $965,000 | -42.4% | 0.7% |
Jeff Davis Bancshares, Inc. | $315,000 | $925,000 | 193.7% | 0.7% |
Nations Lending Corporation | $1,190,000 | $910,000 | -23.5% | 0.7% |
Wells Fargo Bank | $3,005,000 | $865,000 | -71.2% | 0.6% |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $205,000 | $835,000 | 307.3% | 0.6% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $815,000 | n/a | 0.6% | |
PENTAGON FEDERAL CREDIT UNION | $185,000 | $785,000 | 324.3% | 0.6% |
BancorpSouth Bank | $1,545,000 | $780,000 | -49.5% | 0.6% |
UNION HOME MORTGAGE CORP. | $705,000 | n/a | 0.5% | |
HOME POINT FINANCIAL CORPORATION | $2,735,000 | $655,000 | -76.1% | 0.5% |
NEW DAY FINANCIAL, LLC | $1,005,000 | $615,000 | -38.8% | 0.4% |
AMERISAVE MORTGAGE CORPORATION | $1,125,000 | $570,000 | -49.3% | 0.4% |
Barrington Bank & Trust Company, N.A. | $450,000 | $550,000 | 22.2% | 0.4% |
Mr. Cooper ( Nationstar Mortgage ) | $1,320,000 | $530,000 | -59.8% | 0.4% |
Gateway First Bank | $1,010,000 | $510,000 | -49.5% | 0.4% |
CREDIT HUMAN FEDERAL CREDIT UNION | $535,000 | $480,000 | -10.3% | 0.3% |
CERTAINTY HOME LOANS, LLC | $435,000 | n/a | 0.3% | |
MID AMERICA MORTGAGE, INC. | $1,720,000 | $400,000 | -76.7% | 0.3% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $760,000 | $395,000 | -48.0% | 0.3% |
NETWORK CAPITAL FUNDING CORPORATION | $380,000 | n/a | 0.3% | |
PLAZA HOME MORTGAGE, INC. | $165,000 | $370,000 | 124.2% | 0.3% |
MUTUAL OF OMAHA MORTGAGE, INC. | $225,000 | $360,000 | 60.0% | 0.3% |
CSL Financial, LLC | $440,000 | $355,000 | -19.3% | 0.3% |
DAS Acquisition Company, LLC | $985,000 | $350,000 | -64.5% | 0.3% |
Equity Prime Mortgage LLC | $310,000 | n/a | 0.2% | |
Abbeville Building & Loan (A State-Chartered Savings Bank) | $245,000 | $285,000 | 16.3% | 0.2% |
Assurance Financial Group, L.L.C. | $285,000 | n/a | 0.2% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $325,000 | $285,000 | -12.3% | 0.2% |
Bank of Springfield | $275,000 | n/a | 0.2% | |
BROKER SOLUTIONS, INC. | $275,000 | n/a | 0.2% | |
GSF Mortgage Corporation | $265,000 | n/a | 0.2% | |
Northpointe Bank | $265,000 | n/a | 0.2% | |
STAR ONE CREDIT UNION | $245,000 | n/a | 0.2% | |
HOMESTAR FINANCIAL CORPORATION | $235,000 | n/a | 0.2% | |
PHH Mortgage Corporation | $235,000 | n/a | 0.2% | |
United Community Bank | $235,000 | n/a | 0.2% | |
Pelican State Credit Union | $120,000 | $230,000 | 91.7% | 0.2% |
RESIDENTIAL BANCORP. | $225,000 | n/a | 0.2% | |
AMCAP MORTGAGE, LTD. | $775,000 | $215,000 | -72.3% | 0.2% |
CLEARPATH LENDING | $645,000 | $215,000 | -66.7% | 0.2% |
LEGEND LENDING CORPORATION | $215,000 | n/a | 0.2% | |
NATIONS DIRECT MORTGAGE, LLC | $215,000 | n/a | 0.2% | |
AmeriHome Mortgage Company, LLC | $370,000 | $205,000 | -44.6% | 0.1% |
BNC National Bank | $205,000 | n/a | 0.1% | |
Exchange Bank | $195,000 | n/a | 0.1% | |
THE MORTGAGE FIRM, INC. | $205,000 | $185,000 | -9.8% | 0.1% |
Regions Bank | $115,000 | $165,000 | 43.5% | 0.1% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $155,000 | n/a | 0.1% | |
The Bank | $490,000 | $135,000 | -72.4% | 0.1% |
Truist | $155,000 | $135,000 | -12.9% | 0.1% |
SPRING EQ, LLC | $130,000 | n/a | 0.1% | |
COUNTRYPLACE MORTGAGE, LTD. | $125,000 | n/a | 0.1% | |
SUN WEST MORTGAGE COMPANY, INC. | $585,000 | $115,000 | -80.3% | 0.1% |
Carrington Mortgage Services, LLC | $690,000 | $105,000 | -84.8% | 0.1% |
SOUTHWEST STAGE FUNDING, LLC | $550,000 | $105,000 | -80.9% | 0.1% |
U.S. Bank | $105,000 | n/a | 0.1% | |
LAKEVIEW LOAN SERVICING, LLC | $2,585,000 | $85,000 | -96.7% | 0.1% |
NATIONS RELIABLE LENDING, LLC | $350,000 | $85,000 | -75.7% | 0.1% |
Sunflower Bank | $85,000 | n/a | 0.1% | |
Discover Bank | $290,000 | $75,000 | -74.1% | 0.1% |
Home Loan Investment Bank, F.S.B. | $25,000 | $75,000 | 200.0% | 0.1% |
CALCON MUTUAL MORTGAGE LLC | $65,000 | n/a | 0.0% | |
BRECO Federal Credit Union | $55,000 | n/a | 0.0% | |
First Guaranty Mortgage Corporation | $255,000 | $55,000 | -78.4% | 0.0% |
Figure Lending LLC | $45,000 | n/a | 0.0% | |
Flagstar Bank, FSB | $755,000 | $45,000 | -94.0% | 0.0% |
Citizens National Bank, N.A. | $135,000 | $35,000 | -74.1% | 0.0% |
DeRidder's top lender by overall market share is First National Bank in DeRidder, with 8.5% market share. In second place, with 7.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $10,940,000 in loans. In third place, with 6.6%, is EUSTIS AND AMERICAN MORTGAGE COMPANY, having originated $9,165,000 in loans. In fourth place, with 5.3%, is Mortgage Research Center, LLC, having originated $7,320,000 in loans. In fifth place, with 4.0%, is QUICKEN LOANS, LLC, having originated $5,520,000 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 (3.2%) | 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 |
2023-03-01 | $243,950 (56.2%) | $265,911 (-18.3%) | 0.00 | 86 |
2023-04-01 | $249,000 (27.4%) | $273,504 (-20.4%) | 0.00 | 88 |
2023-05-01 | $235,000 (8.9%) | $249,522 (8.3%) | 0.00 | 100 |
2023-06-01 | $234,950 (15.2%) | $263,481 (19.9%) | 0.00 | 104 |
2023-07-01 | $234,950 (12.2%) | $277,189 (23.4%) | 0.00 | 113 |
2023-08-01 | $270,340 (37.9%) | $316,282 (45.7%) | 0.00 | 122 |
DeRidder's median listing price comes in at 0% of the national average.
DeRidder's average listing price for 2023-08-01 was $316,282, a difference of $99,206 (45.7%) versus the prior year and $39,093 versus the prior month.
For the 2023-08-01 period, DeRidder had 122 MLS listings, a difference of 9 listings (8%) versus the prior month and 31 listings (34%) 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 |
2023-03-01 | 0 days | 1,834 sqft |
2023-04-01 | 0 days | 1,885 sqft |
2023-05-01 | 0 days | 1,819 sqft |
2023-06-01 | 0 days | 1,840 sqft |
2023-07-01 | 0 days | 1,870 sqft |
2023-08-01 | 0 days | 1,922 sqft |
DeRidder's median square footage for active listings during the 2023-08-01 period was 1,922 sqft. One year prior, the average listing was 1,709 sqft.
DeRidder, LA Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 485 | $98,405,000 | $202,897 |
Refi | 143 | $22,335,000 | $156,189 |
Cash Out Refi | 99 | $15,815,000 | $159,747 |
Home Improvement | 30 | $1,840,000 | $61,333 |
Other | 11 | $985,000 | $89,545 |
Deridder's most frequently cited loan purpose was Home Purchase, with 485 originations. The 2nd most popular reason was Refi, with 143 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 167 | $31,445,000 | $188,293 |
4-5% | 162 | $33,210,000 | $205,000 |
3-4% | 104 | $20,700,000 | $199,038 |
6-7% | 104 | $16,580,000 | $159,423 |
7-8% | 52 | $6,380,000 | $122,692 |
2.5-3% | 42 | $8,150,000 | $194,048 |
Over 8% | 35 | $2,865,000 | $81,857 |
<2.5% | 5 | $1,045,000 | $209,000 |
During 2022, Deridder's most frequently originated rate bucket was 5-6%, with 167 originations.
Loan Sizing (DeRidder, LA MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 305 | $45,585,000 | $149,459 |
$200k-400k | 244 | $64,940,000 | $266,148 |
$100,000 or less | 188 | $11,830,000 | $62,926 |
$400k-600k | 24 | $11,150,000 | $464,583 |
$600k-1000k | 6 | $3,900,000 | $650,000 |
$Over $1MM | 1 | $1,975,000 | $1,975,000 |
DeRidder's loan sizing saw the bucket of loans from $100k-200k with 305 originations, totaling $45,585,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 389 | $76,345,000 | $196,260 |
60-80% | 113 | $23,195,000 | $205,265 |
Over 100% | 43 | $10,145,000 | $235,930 |
40-60% | 42 | $5,010,000 | $119,286 |
20-40% | 38 | $2,830,000 | $74,474 |
Under 20% | 35 | $1,525,000 | $43,571 |
DeRidder's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 389 originations, totaling $76,345,000 in origination value.