El Dorado Mortgage Rates
30 Year Fixed Rate mortgages in El Dorado averaged
6.05%
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
6.06% and
one month ago for the week of 2022-05-26, the
average rate was 5.55%.
El Dorado's average rate one year ago was 3.44%.
For refis of the same type during the week of 2022-06-30, the average rate
was 6%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
El Dorado 30 Year Fixed Rate | 2022-06-30 | 6.05% |
El Dorado 30 Year Fixed Rate Refi | 2022-06-30 | 6% |
El Dorado 15 Year Fixed Rate | 2022-06-30 | 6.18% |
El Dorado 15 Year Fixed Rate Refi | 2022-06-30 | 5.04% |
El Dorado 30 Year FHA | 2022-06-30 | 5.7% |
El Dorado 30 Year FHA Refi | 2022-06-30 | 5.56% |
El Dorado 30 Year USDA | 2022-06-30 | 5.91% |
El Dorado 30 Year USDA Refi | 2022-06-30 | 6.62% |
El Dorado 30 Year VA | 2022-06-30 | 5.92% |
El Dorado 30 Year VA Refi | 2022-06-30 | 5.09% |
El Dorado 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 El Dorado, AR 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.).
El Dorado, AR's 46 lenders originated 789
loans during 2021. The total origination value was $128,195,000, with an average loan value of
$162,478.
The top El Dorado lender as defined by loan originations is HIGHLANDS RESIDENTIAL MORTGAGE, LTD., with
51 loans originated. Their average total fees are
$2,365, which is $253
higher than the next largest lender,
First Financial Bank.
The lowest fee El Dorado lenders (with over 10 loans originated) are
First Financial Bank ($2,112), Simmons Bank ($2,264), HIGHLANDS RESIDENTIAL MORTGAGE, LTD. ($2,365), FirstTrust Home Loans, Inc. ($2,586) and Wells Fargo Bank ($3,155).
The lowest rate El Dorado lenders (with over 10 loans originated) are
First Financial Bank (3.00%), Simmons Bank (3.09%), QUICKEN LOANS, LLC (3.12%), FirstTrust Home Loans, Inc. (3.17%) and HIGHLANDS RESIDENTIAL MORTGAGE, LTD. (3.23%).
El Dorado, AR 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 |
---|---|---|---|---|
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $20,785,000 | $19,380,000 | -6.8% | 15.1% |
First Financial Bank | $18,175,000 | $18,945,000 | 4.2% | 14.8% |
QUICKEN LOANS, LLC | $19,385,000 | $12,365,000 | -36.2% | 9.6% |
FirstTrust Home Loans, Inc. | $6,915,000 | $9,305,000 | 34.6% | 7.3% |
Wells Fargo Bank | $2,495,000 | $5,670,000 | 127.3% | 4.4% |
Simmons Bank | $6,140,000 | $5,510,000 | -10.3% | 4.3% |
Farmers Bank & Trust Company | $605,000 | $5,370,000 | 787.6% | 4.2% |
Southern Bancorp Bank | $3,175,000 | $4,390,000 | 38.3% | 3.4% |
BancorpSouth Bank | $3,605,000 | $3,590,000 | -0.4% | 2.8% |
FREEDOM MORTGAGE CORPORATION | $3,345,000 | $3,050,000 | -8.8% | 2.4% |
EVERETT FINANCIAL, INC. | $8,475,000 | $2,510,000 | -70.4% | 2.0% |
UNITED WHOLESALE MORTGAGE, LLC | $2,160,000 | n/a | 1.7% | |
Regions Bank | $1,115,000 | $2,050,000 | 83.9% | 1.6% |
21ST MORTGAGE CORPORATION | $1,600,000 | $1,915,000 | 19.7% | 1.5% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $1,140,000 | $1,700,000 | 49.1% | 1.3% |
TRIAD FINANCIAL SERVICES, INC. | $325,000 | $1,475,000 | 353.8% | 1.2% |
CALIBER HOME LOANS, INC. | $500,000 | $1,440,000 | 188.0% | 1.1% |
AMERISAVE MORTGAGE CORPORATION | $790,000 | $1,410,000 | 78.5% | 1.1% |
Mr. Cooper ( Nationstar Mortgage ) | $1,295,000 | n/a | 1.0% | |
Mortgage Research Center, LLC | $1,690,000 | $1,255,000 | -25.7% | 1.0% |
Citizens National Bank, N.A. | $1,105,000 | n/a | 0.9% | |
Renasant Bank | $80,000 | $895,000 | 1,018.8% | 0.7% |
VILLAGE CAPITAL & INVESTMENT LLC | $350,000 | $870,000 | 148.6% | 0.7% |
UNITED BUILT HOMES, L.L.C. | $205,000 | $855,000 | 317.1% | 0.7% |
HOME POINT FINANCIAL CORPORATION | $305,000 | $815,000 | 167.2% | 0.6% |
LOANDEPOT.COM, LLC | $1,350,000 | $815,000 | -39.6% | 0.6% |
PENNYMAC LOAN SERVICES, LLC | $320,000 | $715,000 | 123.4% | 0.6% |
Eagle Bank and Trust Company | $715,000 | $710,000 | -0.7% | 0.6% |
First Security Bank | $660,000 | n/a | 0.5% | |
CSL Financial, LLC | $190,000 | $620,000 | 226.3% | 0.5% |
LAKEVIEW LOAN SERVICING, LLC | $145,000 | $615,000 | 324.1% | 0.5% |
SOUTHWEST STAGE FUNDING, LLC | $195,000 | $605,000 | 210.3% | 0.5% |
CROSSCOUNTRY MORTGAGE, LLC | $590,000 | n/a | 0.5% | |
SUN WEST MORTGAGE COMPANY, INC. | $255,000 | $575,000 | 125.5% | 0.4% |
BETTER MORTGAGE CORPORATION | $660,000 | $560,000 | -15.2% | 0.4% |
NAVY FEDERAL CREDIT UNION | $375,000 | $560,000 | 49.3% | 0.4% |
NEW DAY FINANCIAL, LLC | $510,000 | $550,000 | 7.8% | 0.4% |
Gateway First Bank | $380,000 | $535,000 | 40.8% | 0.4% |
Century Next Bank | $165,000 | $525,000 | 218.2% | 0.4% |
JPMorgan Chase Bank | $515,000 | n/a | 0.4% | |
USAA Federal Savings Bank | $720,000 | $505,000 | -29.9% | 0.4% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $490,000 | n/a | 0.4% | |
ROYAL UNITED MORTGAGE LLC | $55,000 | $450,000 | 718.2% | 0.4% |
COUNTRYPLACE MORTGAGE, LTD. | $400,000 | $445,000 | 11.3% | 0.3% |
ENCORE BANK | $410,000 | n/a | 0.3% | |
Bank of England | $630,000 | $330,000 | -47.6% | 0.3% |
Arvest Bank | $115,000 | $315,000 | 173.9% | 0.2% |
RESIDENTIAL BANCORP. | $300,000 | n/a | 0.2% | |
U.S. Bank | $580,000 | $295,000 | -49.1% | 0.2% |
GUILD MORTGAGE COMPANY | $285,000 | n/a | 0.2% | |
North American Savings Bank, F.S.B. | $95,000 | $270,000 | 184.2% | 0.2% |
Wyndham Capital Mortgage, Inc. | $265,000 | n/a | 0.2% | |
Reliant Bank | $645,000 | $260,000 | -59.7% | 0.2% |
The Federal Savings Bank | $610,000 | $255,000 | -58.2% | 0.2% |
First Option Mortgage, LLC | $235,000 | n/a | 0.2% | |
Bryant Bank | $205,000 | n/a | 0.2% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $95,000 | $195,000 | 105.3% | 0.2% |
FIRST COMMUNITY MORTGAGE, INC. | $195,000 | n/a | 0.2% | |
First Guaranty Mortgage Corporation | $695,000 | $195,000 | -71.9% | 0.2% |
Barrington Bank & Trust Company, N.A. | $110,000 | $185,000 | 68.2% | 0.1% |
BROKER SOLUTIONS, INC. | $145,000 | $185,000 | 27.6% | 0.1% |
Bank OZK | $45,000 | $175,000 | 288.9% | 0.1% |
Ally Bank | $165,000 | n/a | 0.1% | |
PLANET HOME LENDING, LLC | $430,000 | $165,000 | -61.6% | 0.1% |
TIAA, FSB | $165,000 | n/a | 0.1% | |
Columbia State Bank | $155,000 | n/a | 0.1% | |
Magnolia Bank | $155,000 | n/a | 0.1% | |
First Community Bank | $215,000 | $135,000 | -37.2% | 0.1% |
GMFS LLC | $270,000 | $135,000 | -50.0% | 0.1% |
AMERICAN FINANCING CORPORATION | $125,000 | n/a | 0.1% | |
Assurance Financial Group, L.L.C. | $125,000 | n/a | 0.1% | |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $125,000 | n/a | 0.1% | |
CMG MORTGAGE, INC. | $125,000 | n/a | 0.1% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $175,000 | $125,000 | -28.6% | 0.1% |
Carrington Mortgage Services, LLC | $115,000 | $115,000 | 0.0% | 0.1% |
ENDEAVOR CAPITAL, LLC. | $115,000 | n/a | 0.1% | |
Low VA Rates, LLC | $280,000 | $115,000 | -58.9% | 0.1% |
RUOFF MORTGAGE COMPANY, INC. | $115,000 | n/a | 0.1% | |
PHH Mortgage Corporation | $110,000 | n/a | 0.1% | |
Flagstar Bank, FSB | $305,000 | $105,000 | -65.6% | 0.1% |
Generations Bank | $775,000 | $105,000 | -86.5% | 0.1% |
RELIANCE FIRST CAPITAL, LLC | $555,000 | $105,000 | -81.1% | 0.1% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $95,000 | n/a | 0.1% | |
AMERICAN ADVISORS GROUP | $90,000 | n/a | 0.1% | |
FLAT BRANCH MORTGAGE, INC. | $85,000 | n/a | 0.1% | |
First Savings Bank | $75,000 | n/a | 0.1% | |
NEWREZ LLC | $245,000 | $75,000 | -69.4% | 0.1% |
MOVEMENT MORTGAGE, LLC | $65,000 | $65,000 | 0.0% | 0.1% |
ARKANSAS Federal Credit Union | $760,000 | $55,000 | -92.8% | 0.0% |
CIS Financial Services, Inc. | $55,000 | n/a | 0.0% | |
Discover Bank | $45,000 | $55,000 | 22.2% | 0.0% |
Truist Bank | $55,000 | $25,000 | -54.5% | 0.0% |
PINE BLUFF COTTON BELT Federal Credit Union | $15,000 | n/a | 0.0% |
El Dorado's top lender by overall market share is HIGHLANDS RESIDENTIAL MORTGAGE, LTD., with 15.1% market share. In second place, with 14.8%, is First Financial Bank, having originated $18,945,000 in loans. In third place, with 9.6%, is QUICKEN LOANS, LLC, having originated $12,365,000 in loans. In third place, with 7.3%, is FirstTrust Home Loans, Inc., having originated $9,305,000 in loans. In third place, with 4.4%, is Wells Fargo Bank, having originated $5,670,000 in loans.
El Dorado, AR Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 423 | $76,385,000 | $180,579 |
Refi | 242 | $34,330,000 | $141,860 |
Cash Out Refi | 95 | $15,635,000 | $164,579 |
Home Improvement | 15 | $925,000 | $61,667 |
Other | 14 | $920,000 | $65,714 |
El Dorado's most frequently cited loan purpose was Home Purchase, with 423 originations. The 2nd most popular reason was Refi, with 242 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 288 | $47,800,000 | $165,972 |
2.5-3% | 224 | $42,760,000 | $190,893 |
<2.5% | 106 | $18,360,000 | $173,208 |
4-5% | 69 | $9,815,000 | $142,246 |
Over 8% | 35 | $3,585,000 | $102,429 |
5-6% | 31 | $1,885,000 | $60,806 |
7-8% | 20 | $1,670,000 | $83,500 |
6-7% | 15 | $1,215,000 | $81,000 |
During 2021, El Dorado's most frequently originated rate bucket was 3-4%, with 288 originations.
Loan Sizing (El Dorado, AR MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 317 | $46,375,000 | $146,293 |
$100,000 or less | 266 | $16,040,000 | $60,301 |
$200k-400k | 178 | $46,620,000 | $261,910 |
$400k-600k | 21 | $9,665,000 | $460,238 |
$600k-1000k | 4 | $2,720,000 | $680,000 |
$Over $1MM | 3 | $6,775,000 | $2,258,333 |
El Dorado's loan sizing saw the bucket of loans from $100k-200k with 317 originations, totaling $46,375,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 400 | $74,060,000 | $185,150 |
60-80% | 203 | $32,795,000 | $161,552 |
40-60% | 73 | $8,875,000 | $121,575 |
20-40% | 31 | $1,865,000 | $60,161 |
Under 20% | 27 | $735,000 | $27,222 |
Over 100% | 17 | $2,795,000 | $164,412 |
El Dorado's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 400 originations, totaling $74,060,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - El Dorado (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 | $96,200 (-3.7%) | $164,510 (14.8%) | 0.00 | 151 |
2018-02-01 | $111,200 (-3.3%) | $177,794 (18.5%) | 0.00 | 157 |
2018-03-01 | $110,000 (-8.0%) | $173,659 (15.6%) | 0.00 | 152 |
2018-04-01 | $107,450 (-9.7%) | $166,376 (12.7%) | 0.00 | 150 |
2018-05-01 | $109,900 (-2.3%) | $169,427 (14.8%) | 0.00 | 150 |
2018-06-01 | $125,000 (5.5%) | $178,601 (16.9%) | 0.00 | 142 |
2018-07-01 | $132,900 (3.0%) | $183,757 (12.1%) | 0.00 | 150 |
2018-08-01 | $147,500 (16.8%) | $189,507 (12.7%) | 0.00 | 156 |
2018-09-01 | $149,500 (30.0%) | $195,658 (20.3%) | 0.00 | 152 |
2018-10-01 | $154,950 (27.1%) | $194,958 (15.4%) | 0.00 | 147 |
2018-11-01 | $152,900 (39.0%) | $196,745 (21.7%) | 0.00 | 145 |
2018-12-01 | $149,500 (35.9%) | $193,089 (18.0%) | 0.00 | 140 |
2019-01-01 | $149,500 (55.4%) | $199,008 (21.0%) | 0.00 | 134 |
2019-02-01 | $154,750 (39.2%) | $212,932 (19.8%) | 0.00 | 139 |
2019-03-01 | $161,014 (46.4%) | $216,177 (24.5%) | 0.00 | 138 |
2019-04-01 | $163,750 (52.4%) | $218,907 (31.6%) | 0.00 | 129 |
2019-05-01 | $177,450 (61.5%) | $227,713 (34.4%) | 0.00 | 120 |
2019-06-01 | $169,900 (35.9%) | $220,934 (23.7%) | 0.00 | 134 |
2019-07-01 | $164,900 (24.1%) | $208,336 (13.4%) | 0.00 | 137 |
2019-08-01 | $162,586 (10.2%) | $199,913 (5.5%) | 0.00 | 135 |
2019-09-01 | $162,636 (8.8%) | $195,936 (0.1%) | 0.00 | 136 |
2019-10-01 | $170,000 (9.7%) | $210,311 (7.9%) | 0.00 | 125 |
2019-11-01 | $169,500 (10.9%) | $211,106 (7.3%) | 0.00 | 129 |
2019-12-01 | $159,000 (6.4%) | $208,308 (7.9%) | 0.00 | 120 |
2020-01-01 | $157,000 (5.0%) | $212,040 (6.6%) | 0.00 | 112 |
2020-02-01 | $149,500 (-3.4%) | $215,248 (1.1%) | 0.00 | 108 |
2020-03-01 | $149,500 (-7.2%) | $218,604 (1.1%) | 0.00 | 109 |
2020-04-01 | $149,500 (-8.7%) | $213,338 (-2.5%) | 0.00 | 104 |
2020-05-01 | $135,000 (-23.9%) | $212,496 (-6.7%) | 0.00 | 101 |
2020-06-01 | $165,000 (-2.9%) | $242,198 (9.6%) | 0.00 | 111 |
2020-07-01 | $179,900 (9.1%) | $258,950 (24.3%) | 0.00 | 108 |
2020-08-01 | $195,000 (19.9%) | $258,152 (29.1%) | 0.00 | 112 |
2020-09-01 | $225,000 (38.4%) | $277,891 (41.8%) | 0.00 | 101 |
2020-10-01 | $225,000 (32.4%) | $280,585 (33.4%) | 0.00 | 97 |
2020-11-01 | $235,000 (38.6%) | $278,852 (32.1%) | 0.00 | 82 |
2020-12-01 | $205,000 (28.9%) | $273,318 (31.2%) | 0.00 | 74 |
2021-01-01 | $190,000 (21.0%) | $254,697 (20.1%) | 0.00 | 73 |
2021-02-01 | $189,000 (26.4%) | $235,646 (9.5%) | 0.00 | 71 |
2021-03-01 | $190,350 (27.3%) | $237,379 (8.6%) | 0.00 | 59 |
2021-04-01 | $205,000 (37.1%) | $241,173 (13.1%) | 0.00 | 62 |
2021-05-01 | $195,000 (44.4%) | $254,684 (19.9%) | 0.00 | 67 |
2021-06-01 | $182,200 (10.4%) | $263,486 (8.8%) | 0.00 | 67 |
2021-07-01 | $195,000 (8.4%) | $268,725 (3.8%) | 0.00 | 54 |
2021-08-01 | $195,000 (0.0%) | $276,530 (7.1%) | 0.00 | 55 |
2021-09-01 | $197,450 (-12.2%) | $288,444 (3.8%) | 0.00 | 47 |
2021-10-01 | $199,900 (-11.2%) | $275,220 (-1.9%) | 0.00 | 56 |
2021-11-01 | $185,000 (-21.3%) | $250,247 (-10.3%) | 0.00 | 58 |
2021-12-01 | $185,000 (-9.8%) | $266,111 (-2.6%) | 0.00 | 45 |
2022-01-01 | $179,900 (-5.3%) | $288,424 (13.2%) | 0.00 | 35 |
2022-02-01 | $197,500 (4.5%) | $284,542 (20.8%) | 0.00 | 47 |
2022-03-01 | $188,000 (-1.2%) | $278,430 (17.3%) | 0.00 | 42 |
2022-04-01 | $180,000 (-12.2%) | $284,242 (17.9%) | 0.00 | 38 |
2022-05-01 | $197,000 (1.0%) | $261,954 (2.9%) | 0.00 | 43 |
2022-06-01 | $204,950 (12.5%) | $260,981 (-1.0%) | 0.00 | 49 |
El Dorado's median listing price comes in at 0% of the national average.
El Dorado's average listing price for 2022-06-01 was $260,981, a difference of $-2,505 (-1.0%) versus the prior year and $-973 versus the prior month.
For the 2022-06-01 period, El Dorado had 49 MLS listings, a difference of 6 listings (14%) versus the prior month and -18 listings (-27%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - El Dorado (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,382 sqft |
2018-02-01 | 0 days | 0 sqft |
2018-03-01 | 0 days | 1,400 sqft |
2018-04-01 | 0 days | 2,937 sqft |
2018-05-01 | 0 days | 1,512 sqft |
2018-06-01 | 0 days | 1,512 sqft |
2018-07-01 | 0 days | 1,568 sqft |
2018-08-01 | 0 days | 1,568 sqft |
2018-09-01 | 0 days | 2,743 sqft |
2018-10-01 | 0 days | 2,743 sqft |
2018-11-01 | 0 days | 2,743 sqft |
2018-12-01 | 0 days | 1,958 sqft |
2019-01-01 | 0 days | 3,214 sqft |
2019-02-01 | 0 days | 1,564 sqft |
2019-03-01 | 0 days | 1,946 sqft |
2019-04-01 | 0 days | 2,309 sqft |
2019-05-01 | 0 days | 2,308 sqft |
2019-06-01 | 0 days | 2,205 sqft |
2019-07-01 | 0 days | 2,156 sqft |
2019-08-01 | 0 days | 2,116 sqft |
2019-09-01 | 0 days | 2,102 sqft |
2019-10-01 | 0 days | 2,251 sqft |
2019-11-01 | 0 days | 2,128 sqft |
2019-12-01 | 0 days | 2,043 sqft |
2020-01-01 | 0 days | 2,044 sqft |
2020-02-01 | 0 days | 2,010 sqft |
2020-03-01 | 0 days | 2,016 sqft |
2020-04-01 | 0 days | 1,994 sqft |
2020-05-01 | 0 days | 1,912 sqft |
2020-06-01 | 0 days | 2,060 sqft |
2020-07-01 | 0 days | 2,219 sqft |
2020-08-01 | 0 days | 2,220 sqft |
2020-09-01 | 0 days | 2,473 sqft |
2020-10-01 | 0 days | 2,522 sqft |
2020-11-01 | 0 days | 2,557 sqft |
2020-12-01 | 0 days | 2,376 sqft |
2021-01-01 | 0 days | 2,131 sqft |
2021-02-01 | 0 days | 2,068 sqft |
2021-03-01 | 0 days | 2,112 sqft |
2021-04-01 | 0 days | 2,092 sqft |
2021-05-01 | 0 days | 2,002 sqft |
2021-06-01 | 0 days | 2,028 sqft |
2021-07-01 | 0 days | 2,231 sqft |
2021-08-01 | 0 days | 2,297 sqft |
2021-09-01 | 0 days | 2,280 sqft |
2021-10-01 | 0 days | 2,280 sqft |
2021-11-01 | 0 days | 2,102 sqft |
2021-12-01 | 0 days | 2,220 sqft |
2022-01-01 | 0 days | 2,320 sqft |
2022-02-01 | 0 days | 2,327 sqft |
2022-03-01 | 0 days | 2,314 sqft |
2022-04-01 | 0 days | 2,079 sqft |
2022-05-01 | 0 days | 2,089 sqft |
2022-06-01 | 0 days | 2,106 sqft |
El Dorado's median square footage for active listings during the 2022-06-01 period was 2,106 sqft. One year prior, the average listing was 2,028 sqft.