Frankfort Mortgage Rates
30 Year Fixed Rate mortgages in Frankfort averaged
6.1%
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
5.81% and
one month ago for the week of 2022-05-26, the
average rate was 5.5%.
Frankfort's average rate one year ago was 3.11%.
For refis of the same type during the week of 2022-06-30, the average rate
was 5.72%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
| Frankfort 30 Year Fixed Rate | 2022-06-30 | 6.1% |
| Frankfort 30 Year Fixed Rate Refi | 2022-06-30 | 5.72% |
| Frankfort 15 Year Fixed Rate | 2022-06-30 | 5.07% |
| Frankfort 15 Year Fixed Rate Refi | 2022-06-30 | 4.89% |
| Frankfort 30 Year FHA | 2022-06-30 | 5.84% |
| Frankfort 30 Year FHA Refi | 2022-06-30 | 5.79% |
| Frankfort 30 Year USDA | 2022-06-30 | 5.72% |
| Frankfort 30 Year USDA Refi | 2022-06-30 | 5.67% |
| Frankfort 30 Year VA | 2022-06-30 | 5.85% |
| Frankfort 30 Year VA Refi | 2022-06-30 | 5.37% |
Frankfort 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 Frankfort, KY 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.).
Frankfort, KY's 122 lenders originated 3,350
loans during 2021. The total origination value was $572,380,000, with an average loan value of
$170,860.
The top Frankfort lender as defined by loan originations is STOCKTON MORTGAGE CORPORATION, with
168 loans originated. Their average total fees are
$2,979, which is $803
higher than the next largest lender,
COMMONWEALTH.
The lowest fee Frankfort lenders (with over 10 loans originated) are
Guardian Savings Bank, A Federal Savings Bank ($1,069), COMMONWEALTH ($2,176), Community Trust Bank, Inc. ($2,312), Wells Fargo Bank ($2,673) and PROVIDENT FUNDING ASSOCIATES, L.P. ($2,724).
The lowest rate Frankfort lenders (with over 10 loans originated) are
PROVIDENT FUNDING ASSOCIATES, L.P. (2.83%), COMMONWEALTH (2.89%), Community Trust Bank, Inc. (2.91%), UNITED WHOLESALE MORTGAGE, LLC (3.03%) and Guardian Savings Bank, A Federal Savings Bank (3.03%).
Frankfort, KY 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 |
|---|---|---|---|---|
| COMMONWEALTH | $60,805,000 | $66,140,000 | 8.8% | 11.6% |
| STOCKTON MORTGAGE CORPORATION | $49,290,000 | $56,585,000 | 14.8% | 9.9% |
| QUICKEN LOANS, LLC | $36,495,000 | $47,580,000 | 30.4% | 8.3% |
| Republic State Mortgage Co. | $10,525,000 | $15,395,000 | 46.3% | 2.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $8,275,000 | $14,830,000 | 79.2% | 2.6% |
| Community Trust Bank, Inc. | $19,995,000 | $14,570,000 | -27.1% | 2.5% |
| FREEDOM MORTGAGE CORPORATION | $17,365,000 | $14,330,000 | -17.5% | 2.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $15,315,000 | $12,990,000 | -15.2% | 2.3% |
| Guardian Savings Bank, A Federal Savings Bank | $13,555,000 | $12,265,000 | -9.5% | 2.1% |
| First Financial Bank | $9,195,000 | $10,000,000 | 8.8% | 1.7% |
| Republic Bank & Trust Company | $4,955,000 | $9,915,000 | 100.1% | 1.7% |
| Traditional Bank, Inc. | $12,085,000 | $9,785,000 | -19.0% | 1.7% |
| Independence Bank of Kentucky | $14,305,000 | $9,765,000 | -31.7% | 1.7% |
| Fifth Third Bank | $7,970,000 | $9,520,000 | 19.4% | 1.7% |
| Mortgage Research Center, LLC | $8,910,000 | $8,865,000 | -0.5% | 1.5% |
| WesBanco Bank, Inc. | $10,615,000 | $8,750,000 | -17.6% | 1.5% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $6,655,000 | $7,910,000 | 18.9% | 1.4% |
| Peoples Exchange Bank | $4,585,000 | $7,830,000 | 70.8% | 1.4% |
| Citizens Commerce Bank | $5,320,000 | $7,345,000 | 38.1% | 1.3% |
| LOANDEPOT.COM, LLC | $3,320,000 | $7,165,000 | 115.8% | 1.3% |
| Kentucky Bank | $2,955,000 | $6,735,000 | 127.9% | 1.2% |
| CALIBER HOME LOANS, INC. | $2,995,000 | $5,765,000 | 92.5% | 1.0% |
| UNIVERSITY OF KENTUCKY | $11,015,000 | $5,520,000 | -49.9% | 1.0% |
| Mr. Cooper ( Nationstar Mortgage ) | $5,775,000 | $5,385,000 | -6.8% | 0.9% |
| PENNYMAC LOAN SERVICES, LLC | $2,330,000 | $5,065,000 | 117.4% | 0.9% |
| JPMorgan Chase Bank | $1,775,000 | $4,880,000 | 174.9% | 0.9% |
| PNC Bank | $2,975,000 | $4,695,000 | 57.8% | 0.8% |
| Hometown Lenders, Inc. | $4,975,000 | $4,685,000 | -5.8% | 0.8% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $7,610,000 | $4,135,000 | -45.7% | 0.7% |
| Central Bank & Trust Company | $4,345,000 | $4,035,000 | -7.1% | 0.7% |
| DAS Acquisition Company, LLC | $5,310,000 | $3,945,000 | -25.7% | 0.7% |
| USAA Federal Savings Bank | $3,150,000 | $3,840,000 | 21.9% | 0.7% |
| Citizens Union Bank of Shelbyville | $6,660,000 | $3,770,000 | -43.4% | 0.7% |
| Bank of England | $2,935,000 | $3,690,000 | 25.7% | 0.6% |
| AMERISAVE MORTGAGE CORPORATION | $3,160,000 | $3,660,000 | 15.8% | 0.6% |
| HOME POINT FINANCIAL CORPORATION | $3,245,000 | $3,660,000 | 12.8% | 0.6% |
| Farm Credit Mid-America, ACA | $4,060,000 | $3,630,000 | -10.6% | 0.6% |
| Commonwealth Bank and Trust Company | $2,910,000 | $3,605,000 | 23.9% | 0.6% |
| BETTER MORTGAGE CORPORATION | $95,000 | $3,215,000 | 3,284.2% | 0.6% |
| The Citizens National Bank of Somerset | $1,770,000 | $3,165,000 | 78.8% | 0.6% |
| GUARANTY HOME MORTGAGE CORPORATION | $1,785,000 | $3,090,000 | 73.1% | 0.5% |
| ENVOY MORTGAGE, LTD | $1,440,000 | $3,055,000 | 112.2% | 0.5% |
| Whitaker Bank | $1,880,000 | $3,030,000 | 61.2% | 0.5% |
| Wells Fargo Bank | $3,945,000 | $2,985,000 | -24.3% | 0.5% |
| BROKER SOLUTIONS, INC. | $2,835,000 | n/a | 0.5% | |
| Magnolia Bank | $2,990,000 | $2,825,000 | -5.5% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $865,000 | $2,820,000 | 226.0% | 0.5% |
| U.S. Bank | $2,505,000 | $2,780,000 | 11.0% | 0.5% |
| NEWREZ LLC | $1,660,000 | $2,735,000 | 64.8% | 0.5% |
| Carrington Mortgage Services, LLC | $1,035,000 | $2,720,000 | 162.8% | 0.5% |
| AgFirst Farm Credit Bank | $1,430,000 | $2,570,000 | 79.7% | 0.4% |
| RiverHills Bank | $2,545,000 | n/a | 0.4% | |
| Sierra Pacific Mortgage Company, Inc. | $840,000 | $2,525,000 | 200.6% | 0.4% |
| LAKEVIEW LOAN SERVICING, LLC | $1,455,000 | $2,480,000 | 70.4% | 0.4% |
| EVANSVILLE TEACHERS | $415,000 | $2,305,000 | 455.4% | 0.4% |
| Simmons Bank | $2,165,000 | n/a | 0.4% | |
| HAMILTON HOME LOANS, INC. | $2,115,000 | n/a | 0.4% | |
| BAY EQUITY LLC | $2,300,000 | $2,105,000 | -8.5% | 0.4% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $515,000 | $2,095,000 | 306.8% | 0.4% |
| Summit Community Bank, Inc. | $1,900,000 | n/a | 0.3% | |
| Truist Bank | $1,630,000 | $1,900,000 | 16.6% | 0.3% |
| NEW DAY FINANCIAL, LLC | $2,010,000 | $1,890,000 | -6.0% | 0.3% |
| THE MORTGAGE WAREHOUSE,LLC | $1,870,000 | $1,700,000 | -9.1% | 0.3% |
| VILLAGE CAPITAL & INVESTMENT LLC | $160,000 | $1,685,000 | 953.1% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $995,000 | $1,675,000 | 68.3% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $915,000 | $1,600,000 | 74.9% | 0.3% |
| Limestone Bank, Inc. | $1,075,000 | $1,600,000 | 48.8% | 0.3% |
| AMERICAN MORTGAGE SERVICE COMPANY | $1,860,000 | $1,585,000 | -14.8% | 0.3% |
| CRESCENT MORTGAGE COMPANY | $1,540,000 | $1,570,000 | 1.9% | 0.3% |
| MEMBERS HERITAGE Credit Union | $650,000 | $1,545,000 | 137.7% | 0.3% |
| FINANCE OF AMERICA MORTGAGE LLC | $850,000 | $1,520,000 | 78.8% | 0.3% |
| Northpointe Bank | $1,100,000 | $1,510,000 | 37.3% | 0.3% |
| AMERIFIRST FINANCIAL CORPORATION | $2,735,000 | $1,470,000 | -46.3% | 0.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $590,000 | $1,455,000 | 146.6% | 0.3% |
| GENEVA FINANCIAL, LLC | $1,440,000 | n/a | 0.3% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,390,000 | $1,390,000 | 0.0% | 0.2% |
| MORTGAGE SUPPLIERS, INC. | $115,000 | $1,335,000 | 1,060.9% | 0.2% |
| GUARANTEED RATE, INC. | $230,000 | $1,285,000 | 458.7% | 0.2% |
| Old National Bank | $2,690,000 | $1,280,000 | -52.4% | 0.2% |
| First Southern National Bank | $380,000 | $1,255,000 | 230.3% | 0.2% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $510,000 | $1,230,000 | 141.2% | 0.2% |
| AmeriHome Mortgage Company, LLC | $285,000 | $1,150,000 | 303.5% | 0.2% |
| SOUTH CENTRAL BANK, INC. | $5,845,000 | $1,145,000 | -80.4% | 0.2% |
| Prosperity Home Mortgage, LLC | $1,010,000 | $1,090,000 | 7.9% | 0.2% |
| Flagstar Bank, FSB | $805,000 | $1,035,000 | 28.6% | 0.2% |
| 21ST MORTGAGE CORPORATION | $65,000 | $1,030,000 | 1,484.6% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $395,000 | $1,030,000 | 160.8% | 0.2% |
| Farmers Bank and Trust Company | $985,000 | n/a | 0.2% | |
| MORTGAGE INVESTORS GROUP, INC. | $1,890,000 | $985,000 | -47.9% | 0.2% |
| MOVEMENT MORTGAGE, LLC | $1,560,000 | $920,000 | -41.0% | 0.2% |
| TRANSCEND | $830,000 | $870,000 | 4.8% | 0.2% |
| UNION HOME MORTGAGE CORP. | $780,000 | $865,000 | 10.9% | 0.2% |
| PHH Mortgage Corporation | $570,000 | $845,000 | 48.2% | 0.1% |
| Ally Bank | $790,000 | n/a | 0.1% | |
| Peoples Bank | $175,000 | $790,000 | 351.4% | 0.1% |
| AMERICAN FINANCING CORPORATION | $370,000 | $780,000 | 110.8% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $380,000 | $775,000 | 103.9% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $635,000 | $755,000 | 18.9% | 0.1% |
| The Farmers Bank | $700,000 | $750,000 | 7.1% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $435,000 | $745,000 | 71.3% | 0.1% |
| First Savings Bank | $1,435,000 | $735,000 | -48.8% | 0.1% |
| First Federal Bank | $575,000 | $730,000 | 27.0% | 0.1% |
| The Huntington National Bank | $675,000 | $730,000 | 8.1% | 0.1% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $455,000 | $725,000 | 59.3% | 0.1% |
| THRIVE MORTGAGE, LLC | $725,000 | n/a | 0.1% | |
| NBKC BANK | $275,000 | $710,000 | 158.2% | 0.1% |
| PARK COMMUNITY CREDIT UNION, INC. | $565,000 | $710,000 | 25.7% | 0.1% |
| Cumberland Valley National Bank & Trust Company | $650,000 | $675,000 | 3.8% | 0.1% |
| Planters Bank, Inc. | $635,000 | n/a | 0.1% | |
| Citizens Bank | $945,000 | $625,000 | -33.9% | 0.1% |
| GoPrime Mortgage, Inc. | $800,000 | $625,000 | -21.9% | 0.1% |
| INTERLINC MORTGAGE SERVICES, LLC | $1,300,000 | $620,000 | -52.3% | 0.1% |
| CMG MORTGAGE, INC. | $1,595,000 | $590,000 | -63.0% | 0.1% |
| Nations Lending Corporation | $1,905,000 | $580,000 | -69.6% | 0.1% |
| The Federal Savings Bank | $1,655,000 | $550,000 | -66.8% | 0.1% |
| Stock Yards Bank & Trust Company | $655,000 | $545,000 | -16.8% | 0.1% |
| PLANET HOME LENDING, LLC | $400,000 | $535,000 | 33.8% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $515,000 | n/a | 0.1% | |
| L & N Federal Credit Union | $970,000 | $510,000 | -47.4% | 0.1% |
| Low VA Rates, LLC | $495,000 | n/a | 0.1% | |
| Wilson & Muir Bank & Trust Company | $765,000 | $495,000 | -35.3% | 0.1% |
| InterContinental Capital Group, Inc | $430,000 | $485,000 | 12.8% | 0.1% |
| United Citizens Bank & Trust Company | $480,000 | n/a | 0.1% | |
| RELIANCE FIRST CAPITAL, LLC | $910,000 | $445,000 | -51.1% | 0.1% |
| Bank of America | $210,000 | $440,000 | 109.5% | 0.1% |
| NP, Inc. | $430,000 | n/a | 0.1% | |
| BEST CAPITAL FUNDING | $420,000 | n/a | 0.1% | |
| Forcht Bank | $705,000 | $420,000 | -40.4% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $1,100,000 | $415,000 | -62.3% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $410,000 | n/a | 0.1% | |
| Citibank | $125,000 | $410,000 | 228.0% | 0.1% |
| Hometown Equity Mortgage, LLC | $395,000 | n/a | 0.1% | |
| EMM LOANS LLC | $155,000 | $390,000 | 151.6% | 0.1% |
| RUOFF MORTGAGE COMPANY, INC. | $490,000 | $380,000 | -22.4% | 0.1% |
| Lakeview Community Capital, LLC | $360,000 | n/a | 0.1% | |
| First Federal Bank of the Midwest | $1,035,000 | $355,000 | -65.7% | 0.1% |
| HONDA Federal Credit Union | $355,000 | n/a | 0.1% | |
| KS StateBank | $235,000 | $340,000 | 44.7% | 0.1% |
| UNIFY FINANCIAL Credit Union | $255,000 | $340,000 | 33.3% | 0.1% |
| Level One Bank | $335,000 | n/a | 0.1% | |
| ALTRA | $100,000 | $310,000 | 210.0% | 0.1% |
| BNC National Bank | $305,000 | n/a | 0.1% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $305,000 | n/a | 0.1% | |
| Regions Bank | $125,000 | $305,000 | 144.0% | 0.1% |
| DRAPER AND KRAMER MORTGAGE CORP. | $300,000 | n/a | 0.1% | |
| Union Savings Bank | $300,000 | n/a | 0.1% | |
| HOMESTEAD FUNDING CORP. | $295,000 | n/a | 0.1% | |
| SUMMIT FUNDING, INC. | $295,000 | n/a | 0.1% | |
| CLEARPATH LENDING | $155,000 | $290,000 | 87.1% | 0.1% |
| FAIR WAY LENDING LLC | $655,000 | $290,000 | -55.7% | 0.1% |
| SOFI LENDING CORP. | $290,000 | n/a | 0.1% | |
| Abound Federal Credit Union | $1,265,000 | $285,000 | -77.5% | 0.0% |
| Independent Bank | $275,000 | $285,000 | 3.6% | 0.0% |
| First Guaranty Mortgage Corporation | $185,000 | $280,000 | 51.4% | 0.0% |
| LENDINGHOME FUNDING CORPORATION | $280,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $165,000 | $275,000 | 66.7% | 0.0% |
| Colten Mortgage, LLC | $270,000 | n/a | 0.0% | |
| City National Bank of West Virginia | $220,000 | $265,000 | 20.5% | 0.0% |
| Renasant Bank | $1,205,000 | $250,000 | -79.3% | 0.0% |
| GUILD MORTGAGE COMPANY | $245,000 | n/a | 0.0% | |
| LEADERONE FINANCIAL CORPORATION | $390,000 | $245,000 | -37.2% | 0.0% |
| Liberty Savings Bank, F.S.B. | $245,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $665,000 | $235,000 | -64.7% | 0.0% |
| The Monticello Banking Company | $480,000 | $235,000 | -51.0% | 0.0% |
| Equity Prime Mortgage LLC | $225,000 | n/a | 0.0% | |
| Discover Bank | $155,000 | $215,000 | 38.7% | 0.0% |
| Western Ohio Mortgage Corporation | $215,000 | n/a | 0.0% | |
| DIGITAL Federal Credit Union | $205,000 | n/a | 0.0% | |
| First Bank Richmond | $205,000 | n/a | 0.0% | |
| First Harrison Bank | $205,000 | n/a | 0.0% | |
| Ixonia Bank | $205,000 | n/a | 0.0% | |
| NATIONS RELIABLE LENDING, LLC | $195,000 | n/a | 0.0% | |
| Wyndham Capital Mortgage, Inc. | $490,000 | $195,000 | -60.2% | 0.0% |
| Manufacturers and Traders Trust Company | $190,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $185,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $135,000 | $185,000 | 37.0% | 0.0% |
| FAMILY FIRST FUNDING LLC | $175,000 | n/a | 0.0% | |
| Meade County Bank | $175,000 | n/a | 0.0% | |
| Servion, Inc. | $175,000 | n/a | 0.0% | |
| SUN WEST MORTGAGE COMPANY, INC. | $175,000 | n/a | 0.0% | |
| ZILLOW HOME LOANS, LLC | $235,000 | $175,000 | -25.5% | 0.0% |
| HANCOCK MORTGAGE PARTNERS, LLC | $165,000 | n/a | 0.0% | |
| Evolve Bank & Trust | $155,000 | n/a | 0.0% | |
| TIAA, FSB | $155,000 | n/a | 0.0% | |
| Triumph Bank | $155,000 | n/a | 0.0% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $215,000 | $145,000 | -32.6% | 0.0% |
| GENISYS | $125,000 | n/a | 0.0% | |
| STEARNS LENDING, LLC | $250,000 | $125,000 | -50.0% | 0.0% |
| SWBC MORTGAGE CORPORATION | $535,000 | $125,000 | -76.6% | 0.0% |
| Towne Bank | $125,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $145,000 | $115,000 | -20.7% | 0.0% |
| POLARIS HOME FUNDING CORP. | $155,000 | $115,000 | -25.8% | 0.0% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,530,000 | $105,000 | -93.1% | 0.0% |
| OCEANSIDE MORTGAGE COMPANY | $105,000 | $105,000 | 0.0% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $95,000 | n/a | 0.0% | |
| Bedford Loan & Deposit Bank | $85,000 | n/a | 0.0% | |
| MORTGAGE 1 INCORPORATED | $85,000 | n/a | 0.0% | |
| Bank of Lexington, Inc. | $105,000 | $65,000 | -38.1% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| AMERICAN ADVISORS GROUP | $55,000 | $35,000 | -36.4% | 0.0% |
| Home Loan Investment Bank, F.S.B. | $25,000 | n/a | 0.0% | |
| River City Bank, Inc. | $25,000 | n/a | 0.0% |
Frankfort's top lender by overall market share is COMMONWEALTH, with 11.6% market share. In second place, with 9.9%, is STOCKTON MORTGAGE CORPORATION, having originated $56,585,000 in loans. In third place, with 8.3%, is QUICKEN LOANS, LLC, having originated $47,580,000 in loans. In third place, with 2.7%, is Republic State Mortgage Co., having originated $15,395,000 in loans. In third place, with 2.6%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $14,830,000 in loans.
Frankfort, KY Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,301 | $260,085,000 | $199,912 |
| Refi | 1,115 | $197,155,000 | $176,821 |
| Cash Out Refi | 577 | $91,105,000 | $157,894 |
| Home Improvement | 212 | $12,450,000 | $58,726 |
| Other | 145 | $11,585,000 | $79,897 |
Frankfort's most frequently cited loan purpose was Home Purchase, with 1,301 originations. The 2nd most popular reason was Refi, with 1,115 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 1,303 | $227,545,000 | $174,632 |
| 3-4% | 1,164 | $210,540,000 | $180,876 |
| <2.5% | 569 | $93,345,000 | $164,051 |
| 4-5% | 166 | $19,090,000 | $115,000 |
| 5-6% | 66 | $2,730,000 | $41,364 |
| 6-7% | 24 | $1,550,000 | $64,583 |
| Over 8% | 11 | $1,185,000 | $107,727 |
| 7-8% | 4 | $300,000 | $75,000 |
During 2021, Frankfort's most frequently originated rate bucket was 2.5-3%, with 1,303 originations.
Loan Sizing (Frankfort, KY MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,696 | $250,030,000 | $147,423 |
| $200k-400k | 789 | $203,755,000 | $258,245 |
| $100,000 or less | 766 | $44,370,000 | $57,924 |
| $400k-600k | 68 | $32,280,000 | $474,706 |
| $Over $1MM | 16 | $30,850,000 | $1,928,125 |
| $600k-1000k | 15 | $11,095,000 | $739,667 |
Frankfort's loan sizing saw the bucket of loans from $100k-200k with 1,696 originations, totaling $250,030,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,227 | $240,665,000 | $196,141 |
| 60-80% | 1,039 | $203,695,000 | $196,049 |
| 40-60% | 388 | $55,470,000 | $142,964 |
| Under 20% | 258 | $7,840,000 | $30,388 |
| 20-40% | 234 | $19,380,000 | $82,821 |
| Over 100% | 44 | $10,190,000 | $231,591 |
Frankfort's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,227 originations, totaling $240,665,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Frankfort (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $179,850 (15.7%) | $235,794 (14.6%) | 0.00 | 291 |
| 2018-02-01 | $182,375 (10.2%) | $238,352 (6.1%) | 0.00 | 267 |
| 2018-03-01 | $175,000 (5.5%) | $235,194 (2.0%) | 0.00 | 259 |
| 2018-04-01 | $195,900 (16.0%) | $253,165 (6.2%) | 0.00 | 261 |
| 2018-05-01 | $217,450 (28.3%) | $262,122 (12.8%) | 0.00 | 283 |
| 2018-06-01 | $224,900 (26.7%) | $268,803 (11.2%) | 0.00 | 286 |
| 2018-07-01 | $224,900 (25.0%) | $270,489 (9.3%) | 0.00 | 325 |
| 2018-08-01 | $234,900 (28.4%) | $276,690 (9.3%) | 0.00 | 330 |
| 2018-09-01 | $234,900 (29.1%) | $273,198 (4.4%) | 0.00 | 327 |
| 2018-10-01 | $221,950 (17.3%) | $267,511 (4.7%) | 0.00 | 315 |
| 2018-11-01 | $200,750 (6.0%) | $252,280 (-1.3%) | 0.00 | 306 |
| 2018-12-01 | $189,900 (5.6%) | $241,824 (0.6%) | 0.00 | 289 |
| 2019-01-01 | $189,700 (5.5%) | $236,379 (0.3%) | 0.00 | 275 |
| 2019-02-01 | $197,600 (8.4%) | $249,646 (4.7%) | 0.00 | 264 |
| 2019-03-01 | $207,214 (18.4%) | $261,263 (11.1%) | 0.00 | 246 |
| 2019-04-01 | $219,900 (12.3%) | $273,897 (8.2%) | 0.00 | 226 |
| 2019-05-01 | $213,950 (-1.6%) | $273,674 (4.4%) | 0.00 | 229 |
| 2019-06-01 | $215,000 (-4.4%) | $267,791 (-0.4%) | 0.00 | 211 |
| 2019-07-01 | $195,950 (-12.9%) | $262,153 (-3.1%) | 0.00 | 242 |
| 2019-08-01 | $199,186 (-15.2%) | $258,418 (-6.6%) | 0.00 | 255 |
| 2019-09-01 | $204,186 (-13.1%) | $261,595 (-4.3%) | 0.00 | 263 |
| 2019-10-01 | $210,000 (-5.4%) | $260,946 (-2.5%) | 0.00 | 259 |
| 2019-11-01 | $214,900 (7.1%) | $290,115 (15.0%) | 0.00 | 270 |
| 2019-12-01 | $218,400 (15.0%) | $297,099 (22.9%) | 0.00 | 256 |
| 2020-01-01 | $219,900 (15.9%) | $301,575 (27.6%) | 0.00 | 238 |
| 2020-02-01 | $228,500 (15.6%) | $319,380 (27.9%) | 0.00 | 212 |
| 2020-03-01 | $249,450 (20.4%) | $317,607 (21.6%) | 0.00 | 191 |
| 2020-04-01 | $246,415 (12.1%) | $316,168 (15.4%) | 0.00 | 187 |
| 2020-05-01 | $249,900 (16.8%) | $336,810 (23.1%) | 0.00 | 177 |
| 2020-06-01 | $252,000 (17.2%) | $356,744 (33.2%) | 0.00 | 139 |
| 2020-07-01 | $249,900 (27.5%) | $342,330 (30.6%) | 0.00 | 136 |
| 2020-08-01 | $239,900 (20.4%) | $313,649 (21.4%) | 0.00 | 133 |
| 2020-09-01 | $242,150 (18.6%) | $319,597 (22.2%) | 0.00 | 123 |
| 2020-10-01 | $235,000 (11.9%) | $319,399 (22.4%) | 0.00 | 126 |
| 2020-11-01 | $218,950 (1.9%) | $306,189 (5.5%) | 0.00 | 132 |
| 2020-12-01 | $199,500 (-8.7%) | $269,600 (-9.3%) | 0.00 | 136 |
| 2021-01-01 | $199,900 (-9.1%) | $273,834 (-9.2%) | 0.00 | 117 |
| 2021-02-01 | $252,900 (10.7%) | $313,397 (-1.9%) | 0.00 | 85 |
| 2021-03-01 | $251,400 (0.8%) | $304,425 (-4.2%) | 0.00 | 78 |
| 2021-04-01 | $263,940 (7.1%) | $295,246 (-6.6%) | 0.00 | 62 |
| 2021-05-01 | $263,940 (5.6%) | $300,207 (-10.9%) | 0.00 | 65 |
| 2021-06-01 | $234,900 (-6.8%) | $291,153 (-18.4%) | 0.00 | 78 |
| 2021-07-01 | $242,000 (-3.2%) | $296,599 (-13.4%) | 0.00 | 104 |
| 2021-08-01 | $242,950 (1.3%) | $278,305 (-11.3%) | 0.00 | 115 |
| 2021-09-01 | $244,950 (1.2%) | $292,511 (-8.5%) | 0.00 | 129 |
| 2021-10-01 | $230,000 (-2.1%) | $289,495 (-9.4%) | 0.00 | 134 |
| 2021-11-01 | $237,250 (8.4%) | $274,981 (-10.2%) | 0.00 | 122 |
| 2021-12-01 | $229,900 (15.2%) | $281,310 (4.3%) | 0.00 | 114 |
| 2022-01-01 | $229,000 (14.6%) | $277,592 (1.4%) | 0.00 | 96 |
| 2022-02-01 | $231,000 (-8.7%) | $274,677 (-12.4%) | 0.00 | 79 |
| 2022-03-01 | $272,395 (8.4%) | $293,451 (-3.6%) | 0.00 | 61 |
| 2022-04-01 | $279,900 (6.1%) | $261,473 (-11.4%) | 0.00 | 55 |
| 2022-05-01 | $277,900 (5.3%) | $286,731 (-4.5%) | 0.00 | 58 |
| 2022-06-01 | $272,900 (16.2%) | $293,193 (0.7%) | 0.00 | 63 |
Frankfort's median listing price comes in at 0% of the national average.
Frankfort's average listing price for 2022-06-01 was $293,193, a difference of $2,040 (0.7%) versus the prior year and $6,462 versus the prior month.
For the 2022-06-01 period, Frankfort had 63 MLS listings, a difference of 5 listings (9%) versus the prior month and -15 listings (-19%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Frankfort (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,812 sqft |
| 2018-02-01 | 0 days | 1,823 sqft |
| 2018-03-01 | 0 days | 1,825 sqft |
| 2018-04-01 | 0 days | 1,876 sqft |
| 2018-05-01 | 0 days | 2,024 sqft |
| 2018-06-01 | 0 days | 2,100 sqft |
| 2018-07-01 | 0 days | 2,100 sqft |
| 2018-08-01 | 0 days | 2,174 sqft |
| 2018-09-01 | 0 days | 2,100 sqft |
| 2018-10-01 | 0 days | 1,999 sqft |
| 2018-11-01 | 0 days | 1,900 sqft |
| 2018-12-01 | 0 days | 1,850 sqft |
| 2019-01-01 | 0 days | 1,829 sqft |
| 2019-02-01 | 0 days | 1,865 sqft |
| 2019-03-01 | 0 days | 1,941 sqft |
| 2019-04-01 | 0 days | 2,007 sqft |
| 2019-05-01 | 0 days | 2,000 sqft |
| 2019-06-01 | 0 days | 2,016 sqft |
| 2019-07-01 | 0 days | 1,931 sqft |
| 2019-08-01 | 0 days | 1,885 sqft |
| 2019-09-01 | 0 days | 1,846 sqft |
| 2019-10-01 | 0 days | 1,870 sqft |
| 2019-11-01 | 0 days | 1,852 sqft |
| 2019-12-01 | 0 days | 1,889 sqft |
| 2020-01-01 | 0 days | 1,920 sqft |
| 2020-02-01 | 0 days | 1,975 sqft |
| 2020-03-01 | 0 days | 2,044 sqft |
| 2020-04-01 | 0 days | 2,025 sqft |
| 2020-05-01 | 0 days | 2,044 sqft |
| 2020-06-01 | 0 days | 2,024 sqft |
| 2020-07-01 | 0 days | 2,009 sqft |
| 2020-08-01 | 0 days | 1,910 sqft |
| 2020-09-01 | 0 days | 1,826 sqft |
| 2020-10-01 | 0 days | 1,807 sqft |
| 2020-11-01 | 0 days | 1,807 sqft |
| 2020-12-01 | 0 days | 1,722 sqft |
| 2021-01-01 | 0 days | 1,775 sqft |
| 2021-02-01 | 0 days | 1,924 sqft |
| 2021-03-01 | 0 days | 1,902 sqft |
| 2021-04-01 | 0 days | 1,889 sqft |
| 2021-05-01 | 0 days | 1,826 sqft |
| 2021-06-01 | 0 days | 1,804 sqft |
| 2021-07-01 | 0 days | 1,792 sqft |
| 2021-08-01 | 0 days | 1,785 sqft |
| 2021-09-01 | 0 days | 1,784 sqft |
| 2021-10-01 | 0 days | 1,710 sqft |
| 2021-11-01 | 0 days | 1,716 sqft |
| 2021-12-01 | 0 days | 1,718 sqft |
| 2022-01-01 | 0 days | 1,672 sqft |
| 2022-02-01 | 0 days | 1,569 sqft |
| 2022-03-01 | 0 days | 1,720 sqft |
| 2022-04-01 | 0 days | 1,710 sqft |
| 2022-05-01 | 0 days | 1,723 sqft |
| 2022-06-01 | 0 days | 1,735 sqft |
Frankfort's median square footage for active listings during the 2022-06-01 period was 1,735 sqft. One year prior, the average listing was 1,804 sqft.
