Durant Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Durant averaged
6.96%
for the week of 2023-03-23, compared to the national average of
6.42% for the same period.
The average rate for the prior week (2023-03-16) was
7.04% and
one month ago for the week of 2023-02-16, the
average rate was 6.96%.
Durant's average rate one year ago was 4%.
For refis of the same type during the week of 2023-03-23, the average rate
was 6.97%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-03-23 | 6.42% |
Durant 30 Year Fixed Rate | 2023-03-23 | 6.96% |
Durant 30 Year Fixed Rate Refi | 2023-03-23 | 6.97% |
Durant 15 Year Fixed Rate | 2023-03-23 | 7.58% |
Durant 15 Year Fixed Rate Refi | 2023-03-23 | 6.38% |
Durant 30 Year FHA | 2023-03-23 | 6.47% |
Durant 30 Year FHA Refi | 2023-03-23 | 6.36% |
Durant 30 Year USDA | 2023-03-23 | 6.31% |
Durant 30 Year USDA Refi | 2023-03-23 | 6.06% |
Durant 30 Year VA | 2023-03-23 | 6.2% |
Durant 30 Year VA Refi | 2023-03-23 | 5.93% |
Durant 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 Durant, OK 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.).
Durant Average Closing Costs & Other Stats
Durant, OK's 76 lenders originated 1,156
loans during 2022. The total origination value was $220,160,000, with an average loan value of
$190,450.
Durant's average closing costs are $5,286.
The top Durant lender as defined by loan originations is First United Bank and Trust Company, with
79 loans originated. Their average total fees are
$5,366, which is $1,427
lower than the next largest lender,
GUILD MORTGAGE COMPANY.
The lowest fee Durant lenders (with over 10 loans originated) are
Vision Bank ($3,749), First United Bank and Trust Company ($5,366), Gateway First Bank ($5,476), GUILD MORTGAGE COMPANY ($6,793) and QUICKEN LOANS, LLC ($7,482).
The lowest rate Durant lenders (with over 10 loans originated) are
Vision Bank (4.48%), QUICKEN LOANS, LLC (4.96%), GUILD MORTGAGE COMPANY (4.97%), Gateway First Bank (5.08%) and First United Bank and Trust Company (5.14%).
Durant, OK 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 United Bank and Trust Company | $62,725,000 | $58,420,000 | -6.9% | 26.5% |
GUILD MORTGAGE COMPANY | $39,255,000 | $24,530,000 | -37.5% | 11.1% |
Gateway First Bank | $45,280,000 | $19,105,000 | -57.8% | 8.7% |
QUICKEN LOANS, LLC | $16,955,000 | $8,535,000 | -49.7% | 3.9% |
Vision Bank | $8,225,000 | $8,005,000 | -2.7% | 3.6% |
First Texoma National Bank | $8,095,000 | $7,630,000 | -5.7% | 3.5% |
Simmons Bank | $2,180,000 | $7,575,000 | 247.5% | 3.4% |
Mortgage Research Center, LLC | $3,580,000 | $5,875,000 | 64.1% | 2.7% |
21ST MORTGAGE CORPORATION | $4,155,000 | $5,300,000 | 27.6% | 2.4% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $460,000 | $4,585,000 | 896.7% | 2.1% |
GUARANTEED RATE, INC. | $345,000 | $4,065,000 | 1,078.3% | 1.8% |
HSBC BANK USA, NATIONAL ASSOCIATION | $3,810,000 | n/a | 1.7% | |
Stride Bank | $1,505,000 | $3,500,000 | 132.6% | 1.6% |
American Nation Bank | $2,215,000 | $3,170,000 | 43.1% | 1.4% |
NFM, INC. | $2,880,000 | n/a | 1.3% | |
AMERISAVE MORTGAGE CORPORATION | $3,040,000 | $2,380,000 | -21.7% | 1.1% |
PENNYMAC LOAN SERVICES, LLC | $2,500,000 | $2,270,000 | -9.2% | 1.0% |
AmeriHome Mortgage Company, LLC | $830,000 | $2,080,000 | 150.6% | 0.9% |
Chickasaw Community Bank | $1,350,000 | $1,780,000 | 31.9% | 0.8% |
BETTER MORTGAGE CORPORATION | $560,000 | $1,705,000 | 204.5% | 0.8% |
UNITED WHOLESALE MORTGAGE, LLC | $1,535,000 | n/a | 0.7% | |
Arvest Bank | $970,000 | $1,415,000 | 45.9% | 0.6% |
LOANDEPOT.COM, LLC | $3,005,000 | $1,240,000 | -58.7% | 0.6% |
EVERETT FINANCIAL, INC. | $1,460,000 | $1,195,000 | -18.2% | 0.5% |
U.S. Bank | $125,000 | $1,050,000 | 740.0% | 0.5% |
First Guaranty Mortgage Corporation | $125,000 | $1,035,000 | 728.0% | 0.5% |
MID AMERICA MORTGAGE, INC. | $3,445,000 | $1,035,000 | -70.0% | 0.5% |
General Mortgage Capital Corporation | $1,030,000 | n/a | 0.5% | |
Wells Fargo Bank | $1,135,000 | $960,000 | -15.4% | 0.4% |
PLAZA HOME MORTGAGE, INC. | $935,000 | n/a | 0.4% | |
NAVY FEDERAL CREDIT UNION | $215,000 | $905,000 | 320.9% | 0.4% |
BancFirst | $475,000 | $875,000 | 84.2% | 0.4% |
First Bank | $155,000 | $875,000 | 464.5% | 0.4% |
Wyndham Capital Mortgage, Inc. | $860,000 | n/a | 0.4% | |
CROSSCOUNTRY MORTGAGE, LLC | $165,000 | $815,000 | 393.9% | 0.4% |
CERTAINTY HOME LOANS, LLC | $545,000 | $755,000 | 38.5% | 0.3% |
SOUTHWEST STAGE FUNDING, LLC | $1,025,000 | $715,000 | -30.2% | 0.3% |
BROKER SOLUTIONS, INC. | $760,000 | $695,000 | -8.6% | 0.3% |
Citizens Bank | $310,000 | $665,000 | 114.5% | 0.3% |
FREEDOM MORTGAGE CORPORATION | $2,395,000 | $640,000 | -73.3% | 0.3% |
JPMorgan Chase Bank | $670,000 | $640,000 | -4.5% | 0.3% |
UNION HOME MORTGAGE CORP. | $155,000 | $615,000 | 296.8% | 0.3% |
HOMEXPRESS MORTGAGE CORP. | $610,000 | n/a | 0.3% | |
Mr. Cooper ( Nationstar Mortgage ) | $1,855,000 | $600,000 | -67.7% | 0.3% |
Hometown Lenders, Inc. | $595,000 | n/a | 0.3% | |
UMB Bank | $610,000 | $565,000 | -7.4% | 0.3% |
LAKEVIEW LOAN SERVICING, LLC | $635,000 | $545,000 | -14.2% | 0.2% |
United Community Bank | $515,000 | n/a | 0.2% | |
CALIBER HOME LOANS, INC. | $680,000 | $505,000 | -25.7% | 0.2% |
USAA Federal Savings Bank | $1,035,000 | $500,000 | -51.7% | 0.2% |
Citadel Servicing Corporation | $485,000 | n/a | 0.2% | |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $875,000 | $470,000 | -46.3% | 0.2% |
ENCORE BANK | $425,000 | n/a | 0.2% | |
First State Bank | $735,000 | $425,000 | -42.2% | 0.2% |
Independent Bank | $325,000 | $415,000 | 27.7% | 0.2% |
CORNERSTONE HOME LENDING, INC. | $375,000 | $405,000 | 8.0% | 0.2% |
PNC Bank | $175,000 | $405,000 | 131.4% | 0.2% |
First Internet Bank of Indiana | $385,000 | n/a | 0.2% | |
HOMESIDE FINANCIAL, LLC | $315,000 | $360,000 | 14.3% | 0.2% |
OPEN MORTGAGE, LLC | $360,000 | n/a | 0.2% | |
TRIAD FINANCIAL SERVICES, INC. | $360,000 | n/a | 0.2% | |
NEWREZ LLC | $610,000 | $330,000 | -45.9% | 0.1% |
PENTAGON FEDERAL CREDIT UNION | $240,000 | $325,000 | 35.4% | 0.1% |
Bank of America | $585,000 | $320,000 | -45.3% | 0.1% |
AMERICAN ADVISORS GROUP | $205,000 | $315,000 | 53.7% | 0.1% |
ASSOCIATED MORTGAGE CORPORATION | $500,000 | $315,000 | -37.0% | 0.1% |
ANGEL OAK MORTGAGE SOLUTIONS LLC | $305,000 | n/a | 0.1% | |
Morgan Stanley Private Bank | $305,000 | n/a | 0.1% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $385,000 | $305,000 | -20.8% | 0.1% |
Farmers Bank & Trust Company | $295,000 | n/a | 0.1% | |
BancorpSouth Bank | $290,000 | n/a | 0.1% | |
LHM FINANCIAL CORPORATION | $285,000 | n/a | 0.1% | |
ZILLOW HOME LOANS, LLC | $330,000 | $285,000 | -13.6% | 0.1% |
DEEPHAVEN MORTGAGE LLC | $275,000 | n/a | 0.1% | |
SWBC MORTGAGE CORPORATION | $175,000 | $275,000 | 57.1% | 0.1% |
UNIFY FINANCIAL Credit Union | $275,000 | n/a | 0.1% | |
LOANPAL, LLC | $265,000 | n/a | 0.1% | |
Prosperity Home Mortgage, LLC | $215,000 | $265,000 | 23.3% | 0.1% |
BAY EQUITY LLC | $195,000 | $255,000 | 30.8% | 0.1% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $450,000 | $255,000 | -43.3% | 0.1% |
Servion, Inc. | $255,000 | n/a | 0.1% | |
Legend Bank, N.A. | $245,000 | n/a | 0.1% | |
Sunflower Bank | $245,000 | n/a | 0.1% | |
The Federal Savings Bank | $235,000 | $245,000 | 4.3% | 0.1% |
Ally Bank | $345,000 | $235,000 | -31.9% | 0.1% |
CANOPY MORTGAGE, LLC | $235,000 | n/a | 0.1% | |
DRAPER AND KRAMER MORTGAGE CORP. | $235,000 | n/a | 0.1% | |
FINANCE OF AMERICA MORTGAGE LLC | $235,000 | n/a | 0.1% | |
Flagstar Bank, FSB | $235,000 | n/a | 0.1% | |
FLAT BRANCH MORTGAGE, INC. | $105,000 | $235,000 | 123.8% | 0.1% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $315,000 | $220,000 | -30.2% | 0.1% |
Centennial Bank | $220,000 | n/a | 0.1% | |
Discover Bank | $55,000 | $220,000 | 300.0% | 0.1% |
AMWEST FUNDING CORP. | $205,000 | n/a | 0.1% | |
CMG MORTGAGE, INC. | $205,000 | n/a | 0.1% | |
Bank of England | $195,000 | n/a | 0.1% | |
Firstar Bank | $2,320,000 | $195,000 | -91.6% | 0.1% |
MORIA DEVELOPMENT, INC. | $195,000 | n/a | 0.1% | |
MORTGAGE FINANCIAL SERVICES, LLC | $185,000 | n/a | 0.1% | |
NBKC BANK | $185,000 | n/a | 0.1% | |
FINANCE OF AMERICA REVERSE LLC | $175,000 | n/a | 0.1% | |
Paramount Residential Mortgage Group, Inc. | $175,000 | n/a | 0.1% | |
BMO Harris Bank | $155,000 | n/a | 0.1% | |
Watermark Capital, Inc. | $155,000 | n/a | 0.1% | |
First National Bank and Trust Company of Ardmore | $480,000 | $145,000 | -69.8% | 0.1% |
First Savings Bank | $195,000 | $145,000 | -25.6% | 0.1% |
North American Savings Bank, F.S.B. | $145,000 | n/a | 0.1% | |
VALOR BANK | $300,000 | $145,000 | -51.7% | 0.1% |
ALLEGIANCE | $135,000 | n/a | 0.1% | |
AMCAP MORTGAGE, LTD. | $125,000 | n/a | 0.1% | |
Commerce Home Mortgage, Inc. | $125,000 | n/a | 0.1% | |
First International Bank & Trust | $125,000 | n/a | 0.1% | |
Nations Lending Corporation | $125,000 | n/a | 0.1% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $295,000 | $125,000 | -57.6% | 0.1% |
VILLAGE CAPITAL MORTGAGE | $230,000 | $125,000 | -45.7% | 0.1% |
AMERICAN FINANCING CORPORATION | $540,000 | $115,000 | -78.7% | 0.1% |
Barrington Bank & Trust Company, N.A. | $145,000 | $115,000 | -20.7% | 0.1% |
Equity Prime Mortgage LLC | $105,000 | n/a | 0.0% | |
PLANET HOME LENDING, LLC | $380,000 | $105,000 | -72.4% | 0.0% |
REVERSE MORTGAGE FUNDING LLC | $105,000 | n/a | 0.0% | |
RUOFF MORTGAGE COMPANY, INC. | $95,000 | $105,000 | 10.5% | 0.0% |
First Bank & Trust Co. | $95,000 | n/a | 0.0% | |
M&T Bank | $85,000 | n/a | 0.0% | |
NORTHROP GRUMMAN Federal Credit Union | $85,000 | n/a | 0.0% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $45,000 | $65,000 | 44.4% | 0.0% |
Tulsa Federal Credit Union | $165,000 | $65,000 | -60.6% | 0.0% |
Landmark National Bank | $55,000 | n/a | 0.0% | |
COMMUNICATION | $45,000 | n/a | 0.0% | |
SPRING EQ, LLC | $150,000 | $45,000 | -70.0% | 0.0% |
Truist | $45,000 | n/a | 0.0% | |
Figure Lending LLC | $25,000 | $25,000 | 0.0% | 0.0% |
Durant's top lender by overall market share is First United Bank and Trust Company, with 26.5% market share. In second place, with 11.1%, is GUILD MORTGAGE COMPANY, having originated $24,530,000 in loans. In third place, with 8.7%, is Gateway First Bank, having originated $19,105,000 in loans. In fourth place, with 3.9%, is QUICKEN LOANS, LLC, having originated $8,535,000 in loans. In fifth place, with 3.6%, is Vision Bank, having originated $8,005,000 in loans.
Durant Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Durant (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 | $183,225 (7.8%) | $251,213 (16.9%) | 0.00 | 150 |
2018-02-01 | $178,975 (12.2%) | $246,230 (12.8%) | 0.00 | 142 |
2018-03-01 | $179,000 (9.4%) | $250,377 (10.0%) | 0.00 | 131 |
2018-04-01 | $182,400 (10.4%) | $240,179 (3.8%) | 0.00 | 132 |
2018-05-01 | $176,175 (6.2%) | $239,116 (3.0%) | 0.00 | 140 |
2018-06-01 | $183,100 (2.7%) | $237,000 (0.5%) | 0.00 | 145 |
2018-07-01 | $183,100 (1.8%) | $233,396 (-4.5%) | 0.00 | 143 |
2018-08-01 | $193,725 (11.4%) | $239,724 (-0.4%) | 0.00 | 143 |
2018-09-01 | $199,500 (10.9%) | $247,308 (2.7%) | 0.00 | 128 |
2018-10-01 | $189,900 (0.0%) | $248,980 (-6.3%) | 0.00 | 125 |
2018-11-01 | $190,000 (0.0%) | $252,503 (-3.5%) | 0.00 | 111 |
2018-12-01 | $189,000 (-0.2%) | $234,845 (-10.5%) | 0.00 | 106 |
2019-01-01 | $206,925 (12.9%) | $237,867 (-5.3%) | 0.00 | 92 |
2019-02-01 | $200,088 (11.8%) | $251,380 (2.1%) | 0.00 | 98 |
2019-03-01 | $211,063 (17.9%) | $287,368 (14.8%) | 0.00 | 110 |
2019-04-01 | $216,488 (18.7%) | $283,715 (18.1%) | 0.00 | 127 |
2019-05-01 | $222,720 (26.4%) | $280,287 (17.2%) | 0.00 | 130 |
2019-06-01 | $230,000 (25.6%) | $283,742 (19.7%) | 0.00 | 124 |
2019-07-01 | $235,625 (28.7%) | $294,598 (26.2%) | 0.00 | 125 |
2019-08-01 | $222,292 (14.8%) | $294,736 (23.0%) | 0.00 | 119 |
2019-09-01 | $222,910 (11.7%) | $297,682 (20.4%) | 0.00 | 110 |
2019-10-01 | $223,321 (17.6%) | $297,143 (19.3%) | 0.00 | 105 |
2019-11-01 | $219,900 (15.7%) | $290,252 (15.0%) | 0.00 | 106 |
2019-12-01 | $218,450 (15.6%) | $298,629 (27.2%) | 0.00 | 99 |
2020-01-01 | $211,000 (2.0%) | $294,120 (23.7%) | 0.00 | 99 |
2020-02-01 | $234,750 (17.3%) | $289,998 (15.4%) | 0.00 | 110 |
2020-03-01 | $248,750 (17.9%) | $302,361 (5.2%) | 0.00 | 96 |
2020-04-01 | $249,450 (15.2%) | $305,203 (7.6%) | 0.00 | 87 |
2020-05-01 | $210,000 (-5.7%) | $296,581 (5.8%) | 0.00 | 78 |
2020-06-01 | $221,750 (-3.6%) | $316,054 (11.4%) | 0.00 | 75 |
2020-07-01 | $208,498 (-11.5%) | $267,669 (-9.1%) | 0.00 | 71 |
2020-08-01 | $199,750 (-10.1%) | $261,841 (-11.2%) | 0.00 | 66 |
2020-09-01 | $226,950 (1.8%) | $281,916 (-5.3%) | 0.00 | 59 |
2020-10-01 | $229,000 (2.5%) | $302,911 (1.9%) | 0.00 | 55 |
2020-11-01 | $215,000 (-2.2%) | $296,956 (2.3%) | 0.00 | 61 |
2020-12-01 | $213,750 (-2.2%) | $299,979 (0.5%) | 0.00 | 61 |
2021-01-01 | $219,000 (3.8%) | $307,482 (4.5%) | 0.00 | 56 |
2021-02-01 | $246,200 (4.9%) | $339,493 (17.1%) | 0.00 | 44 |
2021-03-01 | $253,500 (1.9%) | $353,525 (16.9%) | 0.00 | 41 |
2021-04-01 | $244,125 (-2.1%) | $317,147 (3.9%) | 0.00 | 44 |
2021-05-01 | $250,425 (19.3%) | $328,782 (10.9%) | 0.00 | 44 |
2021-06-01 | $246,115 (11.0%) | $318,449 (0.8%) | 0.00 | 59 |
2021-07-01 | $249,500 (19.7%) | $346,404 (29.4%) | 0.00 | 60 |
2021-08-01 | $264,600 (32.5%) | $378,220 (44.5%) | 0.00 | 58 |
2021-09-01 | $263,250 (16.0%) | $394,572 (40.0%) | 0.00 | 69 |
2021-10-01 | $259,900 (13.5%) | $383,818 (26.7%) | 0.00 | 83 |
2021-11-01 | $262,975 (22.3%) | $404,407 (36.2%) | 0.00 | 67 |
2021-12-01 | $272,475 (27.5%) | $417,076 (39.0%) | 0.00 | 58 |
2022-01-01 | $273,450 (24.9%) | $443,774 (44.3%) | 0.00 | 48 |
2022-02-01 | $262,475 (6.6%) | $431,738 (27.2%) | 0.00 | 53 |
2022-03-01 | $272,100 (7.3%) | $396,406 (12.1%) | 0.00 | 49 |
2022-04-01 | $273,500 (12.0%) | $359,335 (13.3%) | 0.00 | 51 |
2022-05-01 | $283,000 (13.0%) | $367,932 (11.9%) | 0.00 | 58 |
2022-06-01 | $289,825 (17.8%) | $424,163 (33.2%) | 0.00 | 69 |
2022-07-01 | $271,600 (8.9%) | $383,329 (10.7%) | 0.00 | 89 |
2022-08-01 | $283,188 (7.0%) | $390,112 (3.1%) | 0.00 | 94 |
2022-09-01 | $286,625 (8.9%) | $392,838 (-0.4%) | 0.00 | 94 |
2022-10-01 | $294,000 (13.1%) | $381,439 (-0.6%) | 0.00 | 105 |
2022-11-01 | $280,913 (6.8%) | $370,791 (-8.3%) | 0.00 | 122 |
2022-12-01 | $267,000 (-2.0%) | $353,021 (-15.4%) | 0.00 | 122 |
2023-01-01 | $266,000 (-2.7%) | $335,995 (-24.3%) | 0.00 | 124 |
2023-02-01 | $259,675 (-1.1%) | $326,403 (-24.4%) | 0.00 | 119 |
Durant's median listing price comes in at 0% of the national average.
Durant's average listing price for 2023-02-01 was $326,403, a difference of $-105,335 (-24.4%) versus the prior year and $-9,592 versus the prior month.
For the 2023-02-01 period, Durant had 119 MLS listings, a difference of -5 listings (-4%) versus the prior month and 66 listings (125%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Durant (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,950 sqft |
2018-02-01 | 0 days | 1,926 sqft |
2018-03-01 | 0 days | 1,902 sqft |
2018-04-01 | 0 days | 1,887 sqft |
2018-05-01 | 0 days | 1,880 sqft |
2018-06-01 | 0 days | 1,897 sqft |
2018-07-01 | 0 days | 1,894 sqft |
2018-08-01 | 0 days | 1,895 sqft |
2018-09-01 | 0 days | 1,889 sqft |
2018-10-01 | 0 days | 1,888 sqft |
2018-11-01 | 0 days | 1,933 sqft |
2018-12-01 | 0 days | 1,856 sqft |
2019-01-01 | 0 days | 1,862 sqft |
2019-02-01 | 0 days | 1,856 sqft |
2019-03-01 | 0 days | 1,877 sqft |
2019-04-01 | 0 days | 1,900 sqft |
2019-05-01 | 0 days | 2,028 sqft |
2019-06-01 | 0 days | 2,082 sqft |
2019-07-01 | 0 days | 2,026 sqft |
2019-08-01 | 0 days | 1,985 sqft |
2019-09-01 | 0 days | 2,032 sqft |
2019-10-01 | 0 days | 2,057 sqft |
2019-11-01 | 0 days | 1,985 sqft |
2019-12-01 | 0 days | 1,946 sqft |
2020-01-01 | 0 days | 1,866 sqft |
2020-02-01 | 0 days | 1,938 sqft |
2020-03-01 | 0 days | 1,979 sqft |
2020-04-01 | 0 days | 2,070 sqft |
2020-05-01 | 0 days | 1,900 sqft |
2020-06-01 | 0 days | 2,001 sqft |
2020-07-01 | 0 days | 1,998 sqft |
2020-08-01 | 0 days | 1,968 sqft |
2020-09-01 | 0 days | 2,143 sqft |
2020-10-01 | 0 days | 2,141 sqft |
2020-11-01 | 0 days | 2,012 sqft |
2020-12-01 | 0 days | 2,038 sqft |
2021-01-01 | 0 days | 2,107 sqft |
2021-02-01 | 0 days | 2,174 sqft |
2021-03-01 | 0 days | 2,203 sqft |
2021-04-01 | 0 days | 1,925 sqft |
2021-05-01 | 0 days | 2,045 sqft |
2021-06-01 | 0 days | 1,994 sqft |
2021-07-01 | 0 days | 1,928 sqft |
2021-08-01 | 0 days | 2,026 sqft |
2021-09-01 | 0 days | 1,912 sqft |
2021-10-01 | 0 days | 1,890 sqft |
2021-11-01 | 0 days | 1,892 sqft |
2021-12-01 | 0 days | 1,883 sqft |
2022-01-01 | 0 days | 1,839 sqft |
2022-02-01 | 0 days | 1,773 sqft |
2022-03-01 | 0 days | 1,718 sqft |
2022-04-01 | 0 days | 1,730 sqft |
2022-05-01 | 0 days | 1,728 sqft |
2022-06-01 | 0 days | 1,738 sqft |
2022-07-01 | 0 days | 1,788 sqft |
2022-08-01 | 0 days | 1,830 sqft |
2022-09-01 | 0 days | 1,825 sqft |
2022-10-01 | 0 days | 1,855 sqft |
2022-11-01 | 0 days | 1,833 sqft |
2022-12-01 | 0 days | 1,832 sqft |
2023-01-01 | 0 days | 1,821 sqft |
2023-02-01 | 0 days | 1,754 sqft |
Durant's median square footage for active listings during the 2023-02-01 period was 1,754 sqft. One year prior, the average listing was 1,773 sqft.
Durant, OK Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 775 | $163,365,000 | $210,794 |
Refi | 139 | $24,925,000 | $179,317 |
Cash Out Refi | 116 | $20,770,000 | $179,052 |
Other | 85 | $7,355,000 | $86,529 |
Home Improvement | 41 | $3,745,000 | $91,341 |
Durant's most frequently cited loan purpose was Home Purchase, with 775 originations. The 2nd most popular reason was Refi, with 139 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 287 | $55,575,000 | $193,641 |
4-5% | 268 | $58,270,000 | $217,425 |
6-7% | 192 | $34,030,000 | $177,240 |
3-4% | 169 | $38,025,000 | $225,000 |
7-8% | 76 | $9,920,000 | $130,526 |
Over 8% | 50 | $4,900,000 | $98,000 |
2.5-3% | 34 | $6,520,000 | $191,765 |
<2.5% | 13 | $1,635,000 | $125,769 |
During 2022, Durant's most frequently originated rate bucket was 5-6%, with 287 originations.
Loan Sizing (Durant, OK MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 483 | $73,695,000 | $152,578 |
$200k-400k | 357 | $95,115,000 | $266,429 |
$100,000 or less | 268 | $17,110,000 | $63,843 |
$400k-600k | 34 | $15,990,000 | $470,294 |
$600k-1000k | 10 | $7,290,000 | $729,000 |
$Over $1MM | 4 | $10,960,000 | $2,740,000 |
Durant's loan sizing saw the bucket of loans from $100k-200k with 483 originations, totaling $73,695,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 495 | $107,025,000 | $216,212 |
60-80% | 338 | $66,920,000 | $197,988 |
40-60% | 101 | $19,865,000 | $196,683 |
20-40% | 81 | $7,955,000 | $98,210 |
Under 20% | 58 | $3,130,000 | $53,966 |
Over 100% | 16 | $3,980,000 | $248,750 |
Durant's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 495 originations, totaling $107,025,000 in origination value.