Fort Polk South Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Fort Polk South averaged
6.32%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
6.32% and
one month ago for the week of 2024-09-05, the
average rate was 6.35%.
Fort Polk South's average rate one year ago was 7.69%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.82%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Fort Polk South 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Fort Polk South 30 Year Fixed Rate Refi | 2024-10-10 | 6.82% |
Fort Polk South 15 Year Fixed Rate | 2024-10-10 | 5.31% |
Fort Polk South 15 Year Fixed Rate Refi | 2024-10-10 | 6.01% |
Fort Polk South 30 Year FHA | 2024-10-10 | 6.2% |
Fort Polk South 30 Year FHA Refi | 2024-10-10 | 6% |
Fort Polk South 30 Year USDA | 2024-10-10 | 6.28% |
Fort Polk South 30 Year USDA Refi | 2024-10-10 | 6.08% |
Fort Polk South 30 Year VA | 2024-10-10 | 6.13% |
Fort Polk South 30 Year VA Refi | 2024-10-10 | 5.95% |
Fort Polk South 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 Fort Polk South, 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.).
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
Sabine State Bank and Trust Company | 9 | 7.35% | $3,715 |
BARKSDALE | 9 | 6.04% | $4,404 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 7 | 7.10% | $5,616 |
MORTGAGE FINANCIAL SERVICES, LLC | 4 | 7.19% | $5,260 |
UNITED WHOLESALE MORTGAGE, LLC | 4 | 7.12% | $4,679 |
QUICKEN LOANS, LLC | 4 | 6.81% | $6,264 |
NAVY FEDERAL CREDIT UNION | 2 | 7.31% | $4,299 |
CRESCENT MORTGAGE COMPANY | 2 | 6.63% | $6,590 |
EUSTIS AND AMERICAN MORTGAGE COMPANY | 2 | 6.75% | $3,600 |
ROYAL UNITED MORTGAGE LLC | 1 | 7.63% | $8,786 |
The Evangeline Bank & Trust Company | 1 | 8.75% | $3,369 |
THE MORTGAGE FIRM, INC. | 1 | 7.50% | $4,745 |
UNION HOME MORTGAGE CORP. | 1 | 6.63% | $5,834 |
USAA Federal Savings Bank | 1 | 7.13% | $3,590 |
BROKER SOLUTIONS, INC. | 1 | 7.63% | $9,035 |
DELMAR FINANCIAL COMPANY | 1 | 6.38% | $4,141 |
GMFS LLC | 1 | 6.63% | $11,086 |
HOMESIDE FINANCIAL, LLC | 1 | 6.88% | $4,587 |
MORTGAGE ACCESS CORP. | 1 | 7.63% | $5,396 |
NEWREZ LLC | 1 | 6.99% | $8,490 |
PENNYMAC LOAN SERVICES, LLC | 1 | 6.13% | $7,381 |
PRIMARY RESIDENTIAL MORTGAGE, INC. | 1 | 6.38% | $13,734 |
Fort Polk South Average Closing Costs & Other Stats
Fort Polk South, LA's 22 lenders originated 569
loans during 2023. The total origination value was $106,585,000, with an average loan value of
$187,320.
Fort Polk South's average closing costs are $5,088.
The top Fort Polk South lender as defined by loan originations is Sabine State Bank and Trust Company, with
9 loans originated. Their average total fees are
$3,715, which is $689
lower than the next largest lender,
BARKSDALE.
The lowest fee Fort Polk South lenders (with over 10 loans originated) are
.
The lowest rate Fort Polk South lenders (with over 10 loans originated) are
.
Fort Polk South, 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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
Sabine State Bank and Trust Company | $5,945,000 | $16,270,000 | 173.7% | 15.3% |
Mortgage Research Center, LLC | $12,460,000 | $10,105,000 | -18.9% | 9.5% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $10,415,000 | $8,905,000 | -14.5% | 8.4% |
NAVY FEDERAL CREDIT UNION | $6,005,000 | $7,135,000 | 18.8% | 6.7% |
Merchants & Farmers Bank & Trust Company | $10,000,000 | $6,925,000 | -30.8% | 6.5% |
UNITED WHOLESALE MORTGAGE, LLC | $9,465,000 | $6,675,000 | -29.5% | 6.3% |
EUSTIS AND AMERICAN MORTGAGE COMPANY | $13,060,000 | $4,570,000 | -65.0% | 4.3% |
First National Bank in DeRidder | $6,965,000 | $3,555,000 | -49.0% | 3.3% |
BARKSDALE | $5,310,000 | $3,430,000 | -35.4% | 3.2% |
21ST MORTGAGE CORPORATION | $2,405,000 | $2,900,000 | 20.6% | 2.7% |
FREEDOM MORTGAGE CORPORATION | $5,075,000 | $2,700,000 | -46.8% | 2.5% |
QUICKEN LOANS, LLC | $4,850,000 | $2,630,000 | -45.8% | 2.5% |
USAA Federal Savings Bank | $4,215,000 | $2,605,000 | -38.2% | 2.4% |
NEW DAY FINANCIAL, LLC | $1,150,000 | $1,630,000 | 41.7% | 1.5% |
The Evangeline Bank & Trust Company | $2,925,000 | $1,595,000 | -45.5% | 1.5% |
GMFS LLC | $1,040,000 | $1,350,000 | 29.8% | 1.3% |
MORTGAGE FINANCIAL SERVICES, LLC | $995,000 | $1,325,000 | 33.2% | 1.2% |
STOCKTON MORTGAGE CORPORATION | $1,085,000 | n/a | 1.0% | |
NEWREZ LLC | $155,000 | $990,000 | 538.7% | 0.9% |
b1BANK | $1,520,000 | $910,000 | -40.1% | 0.9% |
PENNYMAC LOAN SERVICES, LLC | $2,365,000 | $855,000 | -63.8% | 0.8% |
HOMESIDE FINANCIAL, LLC | $755,000 | n/a | 0.7% | |
AMERICAN FINANCIAL RESOURCES, INC. | $575,000 | $690,000 | 20.0% | 0.6% |
First Federal Bank of Louisiana | $215,000 | $650,000 | 202.3% | 0.6% |
CRESCENT MORTGAGE COMPANY | $930,000 | $640,000 | -31.2% | 0.6% |
LOANDEPOT.COM, LLC | $1,700,000 | $585,000 | -65.6% | 0.5% |
UNION HOME MORTGAGE CORP. | $500,000 | $535,000 | 7.0% | 0.5% |
MUTUAL OF OMAHA MORTGAGE, INC. | $135,000 | $465,000 | 244.4% | 0.4% |
TRIAD FINANCIAL SERVICES, INC. | $1,955,000 | $465,000 | -76.2% | 0.4% |
Red River Bank | $655,000 | $345,000 | -47.3% | 0.3% |
BROKER SOLUTIONS, INC. | $340,000 | n/a | 0.3% | |
COUNTRYPLACE MORTGAGE, LTD. | $65,000 | $295,000 | 353.8% | 0.3% |
UNITED BUILT HOMES, L.L.C. | $275,000 | $275,000 | 0.0% | 0.3% |
Carrington Mortgage Services, LLC | $115,000 | $270,000 | 134.8% | 0.3% |
CROSSCOUNTRY MORTGAGE, LLC | $270,000 | n/a | 0.3% | |
JPMorgan Chase Bank | $270,000 | $265,000 | -1.9% | 0.2% |
NBKC BANK | $265,000 | n/a | 0.2% | |
BNC National Bank | $245,000 | n/a | 0.2% | |
Barrington Bank & Trust Company, N.A. | $205,000 | $235,000 | 14.6% | 0.2% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $225,000 | n/a | 0.2% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $210,000 | n/a | 0.2% | |
Plains Commerce Bank | $210,000 | n/a | 0.2% | |
First Guaranty Bank | $205,000 | n/a | 0.2% | |
MORTGAGE ACCESS CORP. | $205,000 | n/a | 0.2% | |
Mr. Cooper ( Nationstar Mortgage ) | $545,000 | $205,000 | -62.4% | 0.2% |
PENTAGON FEDERAL CREDIT UNION | $470,000 | $195,000 | -58.5% | 0.2% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $175,000 | n/a | 0.2% | |
MOVEMENT MORTGAGE, LLC | $175,000 | n/a | 0.2% | |
TOWNE MORTGAGE COMPANY | $175,000 | n/a | 0.2% | |
CIS Financial Services, Inc. | $170,000 | n/a | 0.2% | |
CLEARPATH LENDING | $165,000 | n/a | 0.2% | |
GUILD MORTGAGE COMPANY | $1,060,000 | $165,000 | -84.4% | 0.2% |
Paramount Residential Mortgage Group, Inc. | $165,000 | n/a | 0.2% | |
THE MORTGAGE FIRM, INC. | $165,000 | n/a | 0.2% | |
Washington State Bank | $165,000 | n/a | 0.2% | |
Armed Forces Bank | $155,000 | n/a | 0.1% | |
M&T Bank | $155,000 | n/a | 0.1% | |
United Community Bank | $340,000 | $150,000 | -55.9% | 0.1% |
CATAHOULA LASALLE BANK | $145,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $140,000 | $140,000 | 0.0% | 0.1% |
FIDELITY BANK | $135,000 | n/a | 0.1% | |
MID AMERICA MORTGAGE, INC. | $400,000 | $130,000 | -67.5% | 0.1% |
WYMAR FEDERAL CREDIT UNION | $125,000 | n/a | 0.1% | |
SUN WEST MORTGAGE COMPANY, INC. | $115,000 | n/a | 0.1% | |
DELMAR FINANCIAL COMPANY | $245,000 | $105,000 | -57.1% | 0.1% |
First South Farm Credit, ACA | $95,000 | n/a | 0.1% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $335,000 | $85,000 | -74.6% | 0.1% |
Citizens Bank | $1,260,000 | $75,000 | -94.0% | 0.1% |
Wells Fargo Bank | $950,000 | $75,000 | -92.1% | 0.1% |
SOUTHWEST STAGE FUNDING, LLC | $250,000 | $65,000 | -74.0% | 0.1% |
SUPERIOR CHOICE | $65,000 | n/a | 0.1% | |
Bank of America | $55,000 | n/a | 0.1% | |
BOM Bank | $45,000 | n/a | 0.0% | |
Figure Lending LLC | $35,000 | n/a | 0.0% | |
La Capitol Federal Credit Union | $85,000 | $35,000 | -58.8% | 0.0% |
Fort Polk South's top lender by overall market share is Sabine State Bank and Trust Company, with 15.3% market share. In second place, with 9.5%, is Mortgage Research Center, LLC, having originated $10,105,000 in loans. In third place, with 8.4%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $8,905,000 in loans. In fourth place, with 6.7%, is NAVY FEDERAL CREDIT UNION, having originated $7,135,000 in loans. In fifth place, with 6.5%, is Merchants & Farmers Bank & Trust Company, having originated $6,925,000 in loans.
Fort Polk South Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Fort Polk South (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 | $159,900 (6.7%) | $185,520 (1.1%) | 0.00 | 188 |
2018-02-01 | $159,900 (1.5%) | $180,925 (-3.7%) | 0.00 | 195 |
2018-03-01 | $159,900 (0.6%) | $182,039 (-4.4%) | 0.00 | 185 |
2018-04-01 | $159,900 (-1.6%) | $186,818 (-3.3%) | 0.00 | 189 |
2018-05-01 | $157,463 (-1.3%) | $178,392 (-5.8%) | 0.00 | 189 |
2018-06-01 | $154,900 (-3.7%) | $175,917 (-9.9%) | 0.00 | 175 |
2018-07-01 | $146,950 (-7.7%) | $172,878 (-7.1%) | 0.00 | 167 |
2018-08-01 | $144,900 (-9.9%) | $176,672 (-2.8%) | 0.00 | 154 |
2018-09-01 | $144,500 (-11.4%) | $178,393 (-3.4%) | 0.00 | 164 |
2018-10-01 | $146,500 (-8.0%) | $184,136 (-0.3%) | 0.00 | 166 |
2018-11-01 | $152,375 (-7.9%) | $185,738 (-0.8%) | 0.00 | 171 |
2018-12-01 | $149,900 (-6.3%) | $191,137 (2.2%) | 0.00 | 177 |
2019-01-01 | $149,900 (-6.3%) | $189,242 (2.0%) | 0.00 | 163 |
2019-02-01 | $149,900 (-6.3%) | $188,885 (4.4%) | 0.00 | 173 |
2019-03-01 | $147,693 (-7.6%) | $189,142 (3.9%) | 0.00 | 172 |
2019-04-01 | $144,875 (-9.4%) | $187,584 (0.4%) | 0.00 | 166 |
2019-05-01 | $148,450 (-5.7%) | $197,279 (10.6%) | 0.00 | 160 |
2019-06-01 | $149,900 (-3.2%) | $191,102 (8.6%) | 0.00 | 163 |
2019-07-01 | $147,225 (0.2%) | $192,785 (11.5%) | 0.00 | 158 |
2019-08-01 | $150,473 (3.9%) | $195,187 (10.5%) | 0.00 | 159 |
2019-09-01 | $151,332 (4.7%) | $199,002 (11.6%) | 0.00 | 157 |
2019-10-01 | $154,975 (5.8%) | $203,841 (10.7%) | 0.00 | 156 |
2019-11-01 | $169,000 (10.9%) | $212,626 (14.5%) | 0.00 | 148 |
2019-12-01 | $158,975 (6.1%) | $197,917 (3.6%) | 0.00 | 143 |
2020-01-01 | $154,250 (2.9%) | $193,641 (2.3%) | 0.00 | 137 |
2020-02-01 | $168,500 (12.4%) | $192,618 (2.0%) | 0.00 | 134 |
2020-03-01 | $166,450 (12.7%) | $198,967 (5.2%) | 0.00 | 124 |
2020-04-01 | $155,250 (7.2%) | $189,577 (1.1%) | 0.00 | 114 |
2020-05-01 | $159,950 (7.8%) | $192,971 (-2.2%) | 0.00 | 110 |
2020-06-01 | $159,950 (6.7%) | $206,928 (8.3%) | 0.00 | 102 |
2020-07-01 | $158,975 (8.0%) | $211,624 (9.8%) | 0.00 | 91 |
2020-08-01 | $144,450 (-4.0%) | $204,211 (4.6%) | 0.00 | 86 |
2020-09-01 | $155,750 (2.9%) | $209,427 (5.2%) | 0.00 | 74 |
2020-10-01 | $142,450 (-8.1%) | $208,693 (2.4%) | 0.00 | 72 |
2020-11-01 | $141,225 (-16.4%) | $206,531 (-2.9%) | 0.00 | 66 |
2020-12-01 | $144,950 (-8.8%) | $929,387 (369.6%) | 0.00 | 69 |
2021-01-01 | $145,000 (-6.0%) | $221,758 (14.5%) | 0.00 | 57 |
2021-02-01 | $149,975 (-11.0%) | $211,291 (9.7%) | 0.00 | 59 |
2021-03-01 | $149,950 (-9.9%) | $205,072 (3.1%) | 0.00 | 56 |
2021-04-01 | $141,000 (-9.2%) | $210,721 (11.2%) | 0.00 | 45 |
2021-05-01 | $141,500 (-11.5%) | $202,451 (4.9%) | 0.00 | 43 |
2021-06-01 | $157,750 (-1.4%) | $215,521 (4.2%) | 0.00 | 48 |
2021-07-01 | $155,000 (-2.5%) | $212,933 (0.6%) | 0.00 | 45 |
2021-08-01 | $179,150 (24.0%) | $221,840 (8.6%) | 0.00 | 49 |
2021-09-01 | $175,550 (12.7%) | $231,163 (10.4%) | 0.00 | 60 |
2021-10-01 | $135,000 (-5.2%) | $187,512 (-10.2%) | 0.00 | 55 |
2021-11-01 | $173,250 (22.7%) | $207,977 (0.7%) | 0.00 | 59 |
2021-12-01 | $170,500 (17.6%) | $211,459 (-77.3%) | 0.00 | 61 |
2022-01-01 | $165,000 (13.8%) | $215,931 (-2.6%) | 0.00 | 52 |
2022-02-01 | $139,950 (-6.7%) | $195,760 (-7.4%) | 0.00 | 52 |
2022-03-01 | $132,975 (-11.3%) | $196,165 (-4.3%) | 0.00 | 63 |
2022-04-01 | $150,000 (6.4%) | $203,018 (-3.7%) | 0.00 | 63 |
2022-05-01 | $168,000 (18.7%) | $212,727 (5.1%) | 0.00 | 61 |
2022-06-01 | $199,975 (26.8%) | $222,660 (3.3%) | 0.00 | 61 |
2022-07-01 | $200,000 (29.0%) | $226,527 (6.4%) | 0.00 | 64 |
2022-08-01 | $202,875 (13.2%) | $222,539 (0.3%) | 0.00 | 62 |
2022-09-01 | $185,000 (5.4%) | $211,195 (-8.6%) | 0.00 | 66 |
2022-10-01 | $180,000 (33.3%) | $212,169 (13.2%) | 0.00 | 60 |
2022-11-01 | $192,950 (11.4%) | $211,250 (1.6%) | 0.00 | 59 |
2022-12-01 | $177,500 (4.1%) | $209,554 (-0.9%) | 0.00 | 67 |
2023-01-01 | $165,975 (0.6%) | $214,995 (-0.4%) | 0.00 | 59 |
2023-02-01 | $204,450 (46.1%) | $216,988 (10.8%) | 0.00 | 70 |
2023-03-01 | $247,175 (85.9%) | $231,811 (18.2%) | 0.00 | 76 |
2023-04-01 | $249,900 (66.6%) | $243,942 (20.2%) | 0.00 | 74 |
2023-05-01 | $239,450 (42.5%) | $228,852 (7.6%) | 0.00 | 76 |
2023-06-01 | $249,925 (25.0%) | $241,478 (8.5%) | 0.00 | 78 |
2023-07-01 | $249,000 (24.5%) | $237,813 (5.0%) | 0.00 | 86 |
2023-08-01 | $234,700 (15.7%) | $232,454 (4.5%) | 0.00 | 114 |
2023-09-01 | $230,950 (24.8%) | $230,813 (9.3%) | 0.00 | 111 |
2023-10-01 | $233,500 (29.7%) | $232,751 (9.7%) | 0.00 | 114 |
2023-11-01 | $233,500 (21.0%) | $235,858 (11.7%) | 0.00 | 117 |
2023-12-01 | $239,000 (34.7%) | $241,153 (15.1%) | 0.00 | 117 |
2024-01-01 | $222,450 (34.0%) | $232,849 (8.3%) | 0.00 | 107 |
2024-02-01 | $199,850 (-2.3%) | $227,303 (4.8%) | 0.00 | 106 |
2024-03-01 | $195,000 (-21.1%) | $216,908 (-6.4%) | 0.00 | 104 |
2024-04-01 | $197,450 (-21.0%) | $218,747 (-10.3%) | 0.00 | 112 |
2024-05-01 | $206,250 (-13.9%) | $222,837 (-2.6%) | 0.00 | 119 |
2024-06-01 | $219,000 (-12.4%) | $236,061 (-2.2%) | 0.00 | 130 |
2024-07-01 | $225,500 (-9.4%) | $240,764 (1.2%) | 0.00 | 135 |
2024-08-01 | $214,000 (-8.8%) | $239,095 (2.9%) | 0.00 | 135 |
2024-09-01 | $205,250 (-11.1%) | $238,474 (3.3%) | 0.00 | 139 |
Fort Polk South's median listing price comes in at 0% of the national average.
Fort Polk South's average listing price for 2024-09-01 was $238,474, a difference of $7,661 (3.3%) versus the prior year and $-621 versus the prior month.
For the 2024-09-01 period, Fort Polk South had 139 MLS listings, a difference of 4 listings (3%) versus the prior month and 28 listings (25%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Fort Polk South (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,230 sqft |
2018-02-01 | 0 days | 2,256 sqft |
2018-03-01 | 0 days | 2,206 sqft |
2018-04-01 | 0 days | 2,124 sqft |
2018-05-01 | 0 days | 2,175 sqft |
2018-06-01 | 0 days | 2,200 sqft |
2018-07-01 | 0 days | 2,105 sqft |
2018-08-01 | 0 days | 2,072 sqft |
2018-09-01 | 0 days | 2,100 sqft |
2018-10-01 | 0 days | 2,106 sqft |
2018-11-01 | 0 days | 2,108 sqft |
2018-12-01 | 0 days | 2,100 sqft |
2019-01-01 | 0 days | 2,100 sqft |
2019-02-01 | 0 days | 2,100 sqft |
2019-03-01 | 0 days | 2,092 sqft |
2019-04-01 | 0 days | 2,071 sqft |
2019-05-01 | 0 days | 2,091 sqft |
2019-06-01 | 0 days | 2,087 sqft |
2019-07-01 | 0 days | 2,100 sqft |
2019-08-01 | 0 days | 2,100 sqft |
2019-09-01 | 0 days | 2,100 sqft |
2019-10-01 | 0 days | 2,113 sqft |
2019-11-01 | 0 days | 2,127 sqft |
2019-12-01 | 0 days | 2,116 sqft |
2020-01-01 | 0 days | 2,091 sqft |
2020-02-01 | 0 days | 2,145 sqft |
2020-03-01 | 0 days | 1,989 sqft |
2020-04-01 | 0 days | 1,877 sqft |
2020-05-01 | 0 days | 1,800 sqft |
2020-06-01 | 0 days | 1,801 sqft |
2020-07-01 | 0 days | 1,788 sqft |
2020-08-01 | 0 days | 1,782 sqft |
2020-09-01 | 0 days | 1,802 sqft |
2020-10-01 | 0 days | 1,634 sqft |
2020-11-01 | 0 days | 1,577 sqft |
2020-12-01 | 0 days | 1,559 sqft |
2021-01-01 | 0 days | 1,550 sqft |
2021-02-01 | 0 days | 1,555 sqft |
2021-03-01 | 0 days | 1,681 sqft |
2021-04-01 | 0 days | 1,704 sqft |
2021-05-01 | 0 days | 1,631 sqft |
2021-06-01 | 0 days | 1,778 sqft |
2021-07-01 | 0 days | 1,577 sqft |
2021-08-01 | 0 days | 1,613 sqft |
2021-09-01 | 0 days | 1,693 sqft |
2021-10-01 | 0 days | 1,650 sqft |
2021-11-01 | 0 days | 1,717 sqft |
2021-12-01 | 0 days | 1,658 sqft |
2022-01-01 | 0 days | 1,659 sqft |
2022-02-01 | 0 days | 1,533 sqft |
2022-03-01 | 0 days | 1,568 sqft |
2022-04-01 | 0 days | 1,575 sqft |
2022-05-01 | 0 days | 1,622 sqft |
2022-06-01 | 0 days | 1,700 sqft |
2022-07-01 | 0 days | 1,685 sqft |
2022-08-01 | 0 days | 1,708 sqft |
2022-09-01 | 0 days | 1,775 sqft |
2022-10-01 | 0 days | 1,730 sqft |
2022-11-01 | 0 days | 1,632 sqft |
2022-12-01 | 0 days | 1,625 sqft |
2023-01-01 | 0 days | 1,733 sqft |
2023-02-01 | 0 days | 1,863 sqft |
2023-03-01 | 0 days | 1,936 sqft |
2023-04-01 | 0 days | 2,000 sqft |
2023-05-01 | 0 days | 1,867 sqft |
2023-06-01 | 0 days | 1,939 sqft |
2023-07-01 | 0 days | 1,949 sqft |
2023-08-01 | 0 days | 1,927 sqft |
2023-09-01 | 0 days | 1,910 sqft |
2023-10-01 | 0 days | 1,845 sqft |
2023-11-01 | 0 days | 1,795 sqft |
2023-12-01 | 0 days | 1,811 sqft |
2024-01-01 | 0 days | 1,785 sqft |
2024-02-01 | 0 days | 1,770 sqft |
2024-03-01 | 0 days | 1,719 sqft |
2024-04-01 | 0 days | 1,697 sqft |
2024-05-01 | 0 days | 1,705 sqft |
2024-06-01 | 0 days | 1,659 sqft |
2024-07-01 | 0 days | 1,726 sqft |
2024-08-01 | 0 days | 1,718 sqft |
2024-09-01 | 0 days | 1,726 sqft |
Fort Polk South's median square footage for active listings during the 2024-09-01 period was 1,726 sqft. One year prior, the average listing was 1,910 sqft.
Fort Polk South, LA Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 423 | $89,065,000 | $210,556 |
Cash Out Refi | 57 | $8,025,000 | $140,789 |
Refi | 48 | $6,230,000 | $129,792 |
Other | 21 | $1,135,000 | $54,048 |
Home Improvement | 20 | $2,130,000 | $106,500 |
Fort Polk South's most frequently cited loan purpose was Home Purchase, with 423 originations. The 2nd most popular reason was Cash Out Refi, with 57 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 173 | $35,085,000 | $202,803 |
7-8% | 133 | $32,515,000 | $244,474 |
Over 8% | 97 | $10,185,000 | $105,000 |
5-6% | 71 | $15,355,000 | $216,268 |
4-5% | 6 | $1,290,000 | $215,000 |
2.5-3% | 2 | $180,000 | $90,000 |
<2.5% | 1 | $5,000 | $5,000 |
3-4% | 1 | $155,000 | $155,000 |
During 2023, Fort Polk South's most frequently originated rate bucket was 6-7%, with 173 originations.
Loan Sizing (Fort Polk South, LA MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 200 | $29,640,000 | $148,200 |
$200k-400k | 184 | $49,580,000 | $269,457 |
$100,000 or less | 171 | $11,005,000 | $64,357 |
$400k-600k | 12 | $5,440,000 | $453,333 |
$Over $1MM | 2 | $10,920,000 | $5,460,000 |
Fort Polk South's loan sizing saw the bucket of loans from $100k-200k with 200 originations, totaling $29,640,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 312 | $60,290,000 | $193,237 |
60-80% | 58 | $19,590,000 | $337,759 |
Over 100% | 42 | $9,620,000 | $229,048 |
20-40% | 34 | $2,230,000 | $65,588 |
40-60% | 21 | $2,285,000 | $108,810 |
Under 20% | 17 | $755,000 | $44,412 |
Fort Polk South's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 312 originations, totaling $60,290,000 in origination value.