HOT SPRINGS Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Hot Springs averaged 7.1% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 7.04% and one month ago for the week of 2024-03-07, the average rate was 7.2%.

Hot Springs's average rate one year ago was 6.3%.

For refis of the same type during the week of 2024-04-11, the average rate was 7.72%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
Hot Springs 30 Year Fixed Rate 2024-04-11 7.1%
Hot Springs 30 Year Fixed Rate Refi 2024-04-11 7.72%
Hot Springs 15 Year Fixed Rate 2024-04-11 5.96%
Hot Springs 15 Year Fixed Rate Refi 2024-04-11 6.06%
Hot Springs 30 Year FHA 2024-04-11 6.71%
Hot Springs 30 Year FHA Refi 2024-04-11 6.54%
Hot Springs 30 Year USDA 2024-04-11 6.81%
Hot Springs 30 Year USDA Refi 2024-04-11 6.61%
Hot Springs 30 Year VA 2024-04-11 6.57%
Hot Springs 30 Year VA Refi 2024-04-11 6.37%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within HOT SPRINGS, AR.

HOT SPRINGS 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 HOT SPRINGS, 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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Arvest Bank 64 6.72% $3,722
QUICKEN LOANS, LLC 54 6.79% $6,354
SWBC MORTGAGE CORPORATION 44 6.82% $4,056
ARK-LA-TEX FINANCIAL SERVICES, LLC. 39 7.06% $6,789
FirstTrust Home Loans, Inc. 34 6.78% $4,989
UNITED WHOLESALE MORTGAGE, LLC 31 6.94% $4,378
Regions Bank 27 7.06% $3,985
Citizens Bank 23 6.49% $5,180
Simmons Bank 21 6.76% $3,660
ARKANSAS Federal Credit Union 20 6.35% $4,906
COMMUNITY MORTGAGE CORPORATION 17 7.09% $5,094
FIRST COMMUNITY MORTGAGE, INC. 14 6.47% $3,741
First Security Bank 14 6.26% $3,199
U.S. Bank 13 6.79% $4,099
JPMorgan Chase Bank 13 7.05% $5,060
ENCORE BANK 9 6.35% $3,398
CORNERSTONE HOME LENDING, INC. 8 6.89% $6,823
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 8 6.83% $4,254
EUSTIS AND AMERICAN MORTGAGE COMPANY 7 7.12% $7,810
PRIMARY RESIDENTIAL MORTGAGE, INC. 7 6.82% $7,046
BancorpSouth 7 6.70% $3,810
FLAT BRANCH MORTGAGE, INC. 7 6.91% $4,185
GMFS LLC 7 7.23% $3,357
PENNYMAC LOAN SERVICES, LLC 6 7.04% $6,702
Gateway First Bank 6 6.56% $4,200
BANK OF LITTLE ROCK MORTGAGE CORPORATION 6 6.81% $4,385
VANDERBILT MORTGAGE AND FINANCE, INC. 6 8.25% $6,099
Mr. Cooper ( Nationstar Mortgage ) 6 6.97% $6,887
Eagle Bank and Trust Company 6 6.67% $4,111
EVERETT FINANCIAL, INC. 6 6.58% $6,264
AMERISAVE MORTGAGE CORPORATION 6 6.29% $7,435
Chambers Bank 5 7.32% $9,524
Bank of America 5 6.53% $4,980
Bank of England 4 7.16% $4,903
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 7.04% $3,795
USAA Federal Savings Bank 3 7.00% $3,787
Mortgage Research Center, LLC 3 7.13% $2,940
DEEPHAVEN MORTGAGE LLC 3 8.54% $12,335
LOANDEPOT.COM, LLC 3 6.46% $9,329
GUARANTEED RATE, INC. 3 6.68% $4,498
THRIVE MORTGAGE, LLC 3 6.21% $4,150
TOP FLITE FINANCIAL, INC. 3 6.54% $5,635
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 7.25% $4,561
Centennial Bank 3 7.29% $3,683
NAVY FEDERAL CREDIT UNION 3 5.96% $8,932
Wells Fargo Bank 3 6.71% $2,451
BROKER SOLUTIONS, INC. 3 7.58% $5,748
The First National Bank of Fort Smith 3 6.83% $2,983
Morgan Stanley Private Bank 2 6.03% $3,392
CARDINAL FINANCIAL 2 7.19% $6,568
CHURCHILL MORTGAGE CORPORATION 2 7.00% $5,123
Citibank 2 7.25% $2,336
CROSSCOUNTRY MORTGAGE, LLC 2 7.13% $6,389
Farm Credit Services of Western Arkansas, ACA 2 6.98% $6,580
Farmers Bank & Trust Company 2 7.50% $4,770
First Community Bank 2 6.99% $5,075
FREEDOM MORTGAGE CORPORATION 2 7.50% $5,354
21ST MORTGAGE CORPORATION 2 8.35% $4,378
MORTGAGE FINANCIAL SERVICES, LLC 2 6.94% $3,783
NEWREZ LLC 2 6.56% $5,613
PENTAGON FEDERAL CREDIT UNION 2 6.81% $7,083
Servion, Inc. 2 7.31% $6,512
WILLOW BEND MORTGAGE COMPANY, LLC 2 7.06% $5,339
Evolve Bank & Trust 1 5.75% $2,420
Discover Bank 1 6.24% $0
Magnolia Bank 1 6.13% $3,408
AMERICAN INTERNET MORTGAGE, INC. 1 5.38% $9,687
AMERICAN FINANCIAL NETWORK, INC. 1 7.13% $3,032
DAS Acquisition Company, LLC 1 6.99% $2,861
CRESCENT MORTGAGE COMPANY 1 6.38% $4,010
MUTUAL OF OMAHA MORTGAGE, INC. 1 7.63% $6,042
Colonial Savings, F.A. 1 6.50% $5,685
VAN DYK MORTGAGE CORPORATION 1 6.38% $3,556
NP, Inc. 1 11.37% $170
CMG MORTGAGE, INC. 1 7.99% $4,009
AMCAP MORTGAGE, LTD. 1 6.50% $5,636
PINE BLUFF COTTON BELT Federal Credit Union 1 6.13% $4,184
CIS Financial Services, Inc. 1 8.00% $4,917
CHEVRON 1 7.00% $5,383
Prosperity Bank 1 5.25% $3,306
Century Mortgage Company DBA Century Lending Company 1 6.99% $5,787
Carrington Mortgage Services, LLC 1 7.88% $4,087
RELIANCE FIRST CAPITAL, LLC 1 5.88% $10,178
Renasant Bank 1 6.25% $3,350
ROYAL UNITED MORTGAGE LLC 1 7.63% $8,299
S1L, Inc. 1 7.63% $7,984
ZILLOW HOME LOANS, LLC 1 8.00% $4,628
Sierra Pacific Mortgage Company, Inc. 1 7.13% $4,259
CAPITAL CONCEPTS, INC. 1 7.38% $5,938
State Bank of De Kalb 1 5.63% $8,687
Stifel Bank and Trust 1 5.63% $5,488
STOCKTON MORTGAGE CORPORATION 1 6.75% $4,562
CALCON MUTUAL MORTGAGE LLC 1 6.25% $3,921
BOKF 1 6.25% $4,776
BETTER MORTGAGE CORPORATION 1 6.13% $1,479
ASSEMBLIES OF GOD Credit Union 1 8.00% $2,223
UNIFY FINANCIAL Credit Union 1 6.63% $1,762
UNION HOME MORTGAGE CORP. 1 7.63% $6,450
United Fidelity Funding Corp. 1 6.13% $12,379
ASPIRE FINANCIAL, INC. 1 6.50% $4,785
AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 7.38% $3,408
GERSHMAN INVESTMENT CORP. 1 5.75% $2,224
GENEVA FINANCIAL, LLC 1 7.00% $5,278
GUILD MORTGAGE COMPANY 1 7.25% $5,349
Flagstar Bank, FSB 1 8.13% $5,400
HOMESIDE FINANCIAL, LLC 1 6.88% $6,770
INTERCAP LENDING INC. 1 6.38% $5,705

HOT SPRINGS Average Closing Costs & Other Stats

HOT SPRINGS, AR's 107 lenders originated 1,940 loans during 2023. The total origination value was $395,480,000, with an average loan value of $203,856.

HOT SPRINGS's average closing costs are $4,101.

The top HOT SPRINGS lender as defined by loan originations is Arvest Bank, with 64 loans originated. Their average total fees are $3,722, which is $2,633 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee HOT SPRINGS lenders (with over 10 loans originated) are First Security Bank ($3,199), Simmons Bank ($3,660), Arvest Bank ($3,722), FIRST COMMUNITY MORTGAGE, INC. ($3,741) and Regions Bank ($3,985).

The lowest rate HOT SPRINGS lenders (with over 10 loans originated) are First Security Bank (6.26%), ARKANSAS Federal Credit Union (6.35%), FIRST COMMUNITY MORTGAGE, INC. (6.47%), Citizens Bank (6.49%) and Arvest Bank (6.72%).

HOT SPRINGS, AR 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
Arvest Bank $53,440,000 $36,900,000 -31.0% 9.3%
SWBC MORTGAGE CORPORATION $28,230,000 $22,315,000 -21.0% 5.6%
QUICKEN LOANS, LLC $35,325,000 $18,840,000 -46.7% 4.8%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $16,695,000 $18,725,000 12.2% 4.7%
Regions Bank $15,400,000 $15,470,000 0.5% 3.9%
UNITED WHOLESALE MORTGAGE, LLC $11,645,000 $14,945,000 28.3% 3.8%
FirstTrust Home Loans, Inc. $16,780,000 $12,605,000 -24.9% 3.2%
Southern Bancorp Bank $21,115,000 $11,505,000 -45.5% 2.9%
ARKANSAS Federal Credit Union $14,800,000 $10,750,000 -27.4% 2.7%
Simmons Bank $27,520,000 $10,560,000 -61.6% 2.7%
First Security Bank $33,030,000 $9,435,000 -71.4% 2.4%
ENCORE BANK $5,615,000 $9,240,000 64.6% 2.3%
Relyance Bank $6,475,000 $8,580,000 32.5% 2.2%
Citizens Bank $20,760,000 $7,530,000 -63.7% 1.9%
Mortgage Research Center, LLC $9,830,000 $7,260,000 -26.1% 1.8%
U.S. Bank $12,700,000 $6,495,000 -48.9% 1.6%
Chambers Bank $6,415,000 $6,190,000 -3.5% 1.6%
Diamond Bank $7,965,000 $5,120,000 -35.7% 1.3%
COMMUNITY MORTGAGE CORPORATION $4,380,000 $4,660,000 6.4% 1.2%
First Service Bank $4,785,000 $4,095,000 -14.4% 1.0%
BancorpSouth $9,405,000 $4,025,000 -57.2% 1.0%
FLAT BRANCH MORTGAGE, INC. $3,415,000 $3,740,000 9.5% 0.9%
FIRST COMMUNITY MORTGAGE, INC. $4,575,000 $3,715,000 -18.8% 0.9%
JPMorgan Chase Bank $4,530,000 $3,695,000 -18.4% 0.9%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $2,030,000 $3,525,000 73.6% 0.9%
EVERETT FINANCIAL, INC. $5,760,000 $3,515,000 -39.0% 0.9%
Eagle Bank and Trust Company $5,125,000 $3,435,000 -33.0% 0.9%
PRIMARY RESIDENTIAL MORTGAGE, INC. $3,735,000 $3,305,000 -11.5% 0.8%
PENNYMAC LOAN SERVICES, LLC $4,500,000 $3,135,000 -30.3% 0.8%
CORNERSTONE HOME LENDING, INC. $2,100,000 $2,735,000 30.2% 0.7%
EUSTIS AND AMERICAN MORTGAGE COMPANY $365,000 $2,565,000 602.7% 0.6%
NAVY FEDERAL CREDIT UNION $2,790,000 $2,435,000 -12.7% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $3,200,000 $2,405,000 -24.8% 0.6%
USAA Federal Savings Bank $2,560,000 $2,395,000 -6.4% 0.6%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,905,000 $2,315,000 21.5% 0.6%
GMFS LLC $6,145,000 $2,250,000 -63.4% 0.6%
FREEDOM MORTGAGE CORPORATION $1,610,000 $2,245,000 39.4% 0.6%
First Community Bank $1,220,000 $2,190,000 79.5% 0.6%
Bank of England $6,385,000 $2,100,000 -67.1% 0.5%
BANK OF LITTLE ROCK MORTGAGE CORPORATION $4,465,000 $2,060,000 -53.9% 0.5%
AMERISAVE MORTGAGE CORPORATION $3,630,000 $1,990,000 -45.2% 0.5%
TOP FLITE FINANCIAL, INC. $2,475,000 $1,955,000 -21.0% 0.5%
Malvern National Bank $1,930,000 n/a 0.5%
NEWREZ LLC $1,445,000 $1,920,000 32.9% 0.5%
PENTAGON FEDERAL CREDIT UNION $575,000 $1,810,000 214.8% 0.5%
Stifel Bank and Trust $485,000 $1,800,000 271.1% 0.5%
21ST MORTGAGE CORPORATION $1,230,000 $1,670,000 35.8% 0.4%
CMG MORTGAGE, INC. $355,000 $1,645,000 363.4% 0.4%
ORIX REAL ESTATE CAPITAL, LLC $1,645,000 n/a 0.4%
Bank OZK $7,690,000 $1,615,000 -79.0% 0.4%
Renasant Bank $1,610,000 n/a 0.4%
CALCON MUTUAL MORTGAGE LLC $1,545,000 n/a 0.4%
DEEPHAVEN MORTGAGE LLC $1,525,000 n/a 0.4%
Bank of America $3,215,000 $1,475,000 -54.1% 0.4%
The Farmers & Merchants Bank $1,895,000 $1,475,000 -22.2% 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,890,000 $1,345,000 -28.8% 0.3%
First Horizon Bank $3,490,000 $1,310,000 -62.5% 0.3%
Gateway First Bank $3,045,000 $1,305,000 -57.1% 0.3%
VILLAGE CAPITAL MORTGAGE $645,000 $1,235,000 91.5% 0.3%
First Arkansas Bank and Trust $805,000 $1,200,000 49.1% 0.3%
Gateway Bank $1,200,000 n/a 0.3%
CHURCHILL MORTGAGE CORPORATION $105,000 $1,155,000 1,000.0% 0.3%
CROSSCOUNTRY MORTGAGE, LLC $400,000 $1,140,000 185.0% 0.3%
LOANDEPOT.COM, LLC $7,095,000 $1,120,000 -84.2% 0.3%
The Citizens Bank $2,740,000 $995,000 -63.7% 0.3%
MOVEMENT MORTGAGE, LLC $920,000 $975,000 6.0% 0.2%
CARDINAL FINANCIAL $2,255,000 $950,000 -57.9% 0.2%
The Federal Savings Bank $1,165,000 $950,000 -18.5% 0.2%
Farm Credit Services of Western Arkansas, ACA $2,090,000 $945,000 -54.8% 0.2%
Morgan Stanley Private Bank $515,000 $930,000 80.6% 0.2%
First National Bank $955,000 $915,000 -4.2% 0.2%
BROKER SOLUTIONS, INC. $3,060,000 $880,000 -71.2% 0.2%
AMERICAN FINANCIAL NETWORK, INC. $875,000 n/a 0.2%
Central Bank $2,385,000 $830,000 -65.2% 0.2%
Discover Bank $490,000 $815,000 66.3% 0.2%
Servion, Inc. $225,000 $805,000 257.8% 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $775,000 n/a 0.2%
MidFirst Bank $145,000 $775,000 434.5% 0.2%
NEW DAY FINANCIAL, LLC $2,925,000 $765,000 -73.8% 0.2%
STOCKTON MORTGAGE CORPORATION $750,000 n/a 0.2%
Wells Fargo Bank $6,870,000 $745,000 -89.2% 0.2%
United Community Bank $170,000 $740,000 335.3% 0.2%
Stone Bank $1,440,000 $725,000 -49.7% 0.2%
BOKF $690,000 $705,000 2.2% 0.2%
WILLOW BEND MORTGAGE COMPANY, LLC $125,000 $700,000 460.0% 0.2%
CIS Financial Services, Inc. $690,000 n/a 0.2%
93 $680,000 n/a 0.2%
MID AMERICA MORTGAGE, INC. $325,000 $650,000 100.0% 0.2%
Citizens National Bank, N.A. $645,000 n/a 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $550,000 $625,000 13.6% 0.2%
RELIANCE FIRST CAPITAL, LLC $740,000 $615,000 -16.9% 0.2%
CLEARPATH LENDING $730,000 $600,000 -17.8% 0.2%
FBT Bank & Mortgage $600,000 n/a 0.2%
Carrington Mortgage Services, LLC $3,380,000 $595,000 -82.4% 0.2%
Texas Gulf Bank $545,000 n/a 0.1%
The First National Bank of Fort Smith $545,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $640,000 $540,000 -15.6% 0.1%
Availa Bank $525,000 n/a 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $950,000 $520,000 -45.3% 0.1%
Investar Bank $515,000 n/a 0.1%
BNC National Bank $505,000 n/a 0.1%
Centennial Bank $500,000 $505,000 1.0% 0.1%
THRIVE MORTGAGE, LLC $505,000 n/a 0.1%
TELCOE FEDERAL CREDIT UNION $1,835,000 $500,000 -72.8% 0.1%
Evolve Bank & Trust $770,000 $495,000 -35.7% 0.1%
GSF Mortgage Corporation $490,000 $490,000 0.0% 0.1%
MERCHANTS & FARMERS BANK $470,000 n/a 0.1%
HOMESIDE FINANCIAL, LLC $465,000 n/a 0.1%
Great Southern Bank $510,000 $455,000 -10.8% 0.1%
MORTGAGE FINANCIAL SERVICES, LLC $670,000 $455,000 -32.1% 0.1%
Barrington Bank & Trust Company, N.A. $650,000 $450,000 -30.8% 0.1%
State Bank of De Kalb $4,360,000 $450,000 -89.7% 0.1%
First Financial Bank $410,000 $435,000 6.1% 0.1%
SOUTHWEST STAGE FUNDING, LLC $685,000 $435,000 -36.5% 0.1%
Prosperity Bank $545,000 $425,000 -22.0% 0.1%
ROYAL UNITED MORTGAGE LLC $545,000 $420,000 -22.9% 0.1%
Axos Bank $165,000 $405,000 145.5% 0.1%
FINANCE OF AMERICA REVERSE LLC $805,000 $400,000 -50.3% 0.1%
UNION HOME MORTGAGE CORP. $930,000 $400,000 -57.0% 0.1%
GUARANTEED RATE, INC. $580,000 $395,000 -31.9% 0.1%
Coastal Community Bank $385,000 n/a 0.1%
Farmers Bank & Trust Company $1,455,000 $385,000 -73.5% 0.1%
NP, Inc. $385,000 n/a 0.1%
Figure Lending LLC $345,000 $380,000 10.1% 0.1%
OCMBC, INC. $375,000 n/a 0.1%
Armstrong Bank $365,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $125,000 $360,000 188.0% 0.1%
PNC Bank $455,000 $355,000 -22.0% 0.1%
MORTGAGE INVESTORS GROUP, INC. $1,670,000 $350,000 -79.0% 0.1%
United Fidelity Funding Corp. $345,000 n/a 0.1%
NBKC BANK $495,000 $335,000 -32.3% 0.1%
S1L, Inc. $325,000 $335,000 3.1% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $335,000 n/a 0.1%
BARTLETT MORTGAGE, INC. $325,000 n/a 0.1%
FirstBank $765,000 $315,000 -58.8% 0.1%
CHEVRON $305,000 n/a 0.1%
Pinnacle Bank $305,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $925,000 $300,000 -67.6% 0.1%
Sierra Pacific Mortgage Company, Inc. $295,000 n/a 0.1%
Southwest Airlines Federal Credit Union $290,000 n/a 0.1%
First Federal Bank $285,000 n/a 0.1%
LOANPAL, LLC $335,000 $285,000 -14.9% 0.1%
Citadel Servicing Corporation $275,000 n/a 0.1%
Guaranty Bank & Trust, N.A. $95,000 $275,000 189.5% 0.1%
GERSHMAN INVESTMENT CORP. $345,000 $270,000 -21.7% 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $230,000 $265,000 15.2% 0.1%
CRESCENT MORTGAGE COMPANY $390,000 $265,000 -32.1% 0.1%
RCB Bank $265,000 n/a 0.1%
The Huntington National Bank $105,000 $265,000 152.4% 0.1%
Colonial Savings, F.A. $245,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $730,000 $245,000 -66.4% 0.1%
Northpointe Bank $310,000 $245,000 -21.0% 0.1%
AMERICAN INTERNET MORTGAGE, INC. $270,000 $235,000 -13.0% 0.1%
The First National Bank of McGregor $235,000 n/a 0.1%
EASTMAN $225,000 n/a 0.1%
EMM LOANS LLC $215,000 n/a 0.1%
HOMEXPRESS MORTGAGE CORP. $215,000 n/a 0.1%
RED RIVER EMPLOYEES $85,000 $215,000 152.9% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $115,000 $210,000 82.6% 0.1%
AMCAP MORTGAGE, LTD. $535,000 $205,000 -61.7% 0.1%
Mid-Continent Funding, Inc. $205,000 n/a 0.1%
Southern Bank $7,090,000 $200,000 -97.2% 0.1%
Equity Prime Mortgage LLC $195,000 n/a 0.0%
LENDINGONE, LLC $230,000 $190,000 -17.4% 0.0%
City Bank $185,000 n/a 0.0%
ENDEAVOR CAPITAL, LLC. $325,000 $185,000 -43.1% 0.0%
PINE BLUFF COTTON BELT Federal Credit Union $830,000 $185,000 -77.7% 0.0%
Assurance Financial Group, L.L.C. $180,000 n/a 0.0%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $175,000 n/a 0.0%
SPRING EQ, LLC $165,000 n/a 0.0%
UNIFY FINANCIAL Credit Union $165,000 n/a 0.0%
American Airlines Federal Credit Union $400,000 $155,000 -61.3% 0.0%
Century Mortgage Company DBA Century Lending Company $155,000 n/a 0.0%
Community First National Bank $105,000 $155,000 47.6% 0.0%
INTERCAP LENDING INC. $155,000 n/a 0.0%
Magnolia Bank $305,000 $150,000 -50.8% 0.0%
ASPIRE FINANCIAL, INC. $405,000 $145,000 -64.2% 0.0%
Century Next Bank $105,000 $145,000 38.1% 0.0%
VAN DYK MORTGAGE CORPORATION $145,000 n/a 0.0%
Citibank $125,000 $140,000 12.0% 0.0%
BETTER MORTGAGE CORPORATION $1,620,000 $125,000 -92.3% 0.0%
Cornerstone First Mortgage, Inc $125,000 n/a 0.0%
DAS Acquisition Company, LLC $840,000 $125,000 -85.1% 0.0%
GENEVA FINANCIAL, LLC $125,000 n/a 0.0%
GUILD MORTGAGE COMPANY $530,000 $125,000 -76.4% 0.0%
Nations Lending Corporation $280,000 $125,000 -55.4% 0.0%
A&D Mortgage LLC $1,100,000 $115,000 -89.5% 0.0%
ASSEMBLIES OF GOD Credit Union $340,000 $115,000 -66.2% 0.0%
CAPITAL CONCEPTS, INC. $115,000 n/a 0.0%
Equity Bank $105,000 n/a 0.0%
Flagstar Bank, FSB $2,375,000 $105,000 -95.6% 0.0%
FNBC Bank $105,000 n/a 0.0%
Truist $2,860,000 $105,000 -96.3% 0.0%
LENDINGHOME FUNDING CORPORATION $85,000 n/a 0.0%
RESIDENTIAL BANCORP $400,000 $75,000 -81.3% 0.0%

HOT SPRINGS's top lender by overall market share is Arvest Bank, with 9.3% market share. In second place, with 5.6%, is SWBC MORTGAGE CORPORATION, having originated $22,315,000 in loans. In third place, with 4.8%, is QUICKEN LOANS, LLC, having originated $18,840,000 in loans. In fourth place, with 4.7%, is ARK-LA-TEX FINANCIAL SERVICES, LLC., having originated $18,725,000 in loans. In fifth place, with 3.9%, is Regions Bank, having originated $15,470,000 in loans.


HOT SPRINGS Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - HOT SPRINGS (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 $209,125 (4.7%) $301,597 (6.5%) 0.00 904
2018-02-01 $209,600 (3.9%) $298,509 (4.5%) 0.00 926
2018-03-01 $219,900 (5.4%) $300,406 (4.5%) 0.00 961
2018-04-01 $224,900 (7.6%) $304,733 (5.3%) 0.00 1,022
2018-05-01 $224,900 (3.1%) $306,269 (4.3%) 0.00 1,064
2018-06-01 $224,900 (2.5%) $310,079 (4.5%) 0.00 1,066
2018-07-01 $219,225 (-0.4%) $297,016 (-3.6%) 0.00 1,085
2018-08-01 $213,725 (-2.4%) $291,558 (-4.2%) 0.00 1,071
2018-09-01 $215,500 (0.4%) $291,501 (-2.8%) 0.00 1,039
2018-10-01 $199,450 (-6.1%) $282,413 (-3.8%) 0.00 1,030
2018-11-01 $199,000 (-2.3%) $282,365 (-3.9%) 0.00 983
2018-12-01 $198,500 (-5.1%) $282,690 (-5.3%) 0.00 920
2019-01-01 $198,125 (-5.3%) $282,134 (-6.5%) 0.00 866
2019-02-01 $197,350 (-5.8%) $282,812 (-5.3%) 0.00 905
2019-03-01 $205,814 (-6.4%) $294,265 (-2.0%) 0.00 895
2019-04-01 $214,950 (-4.4%) $311,212 (2.1%) 0.00 876
2019-05-01 $219,450 (-2.4%) $317,600 (3.7%) 0.00 890
2019-06-01 $224,000 (-0.4%) $318,335 (2.7%) 0.00 879
2019-07-01 $224,900 (2.6%) $318,411 (7.2%) 0.00 887
2019-08-01 $222,424 (4.1%) $318,750 (9.3%) 0.00 872
2019-09-01 $224,185 (4.0%) $319,942 (9.8%) 0.00 847
2019-10-01 $225,916 (13.3%) $320,737 (13.6%) 0.00 824
2019-11-01 $238,500 (19.9%) $319,614 (13.2%) 0.00 736
2019-12-01 $239,800 (20.8%) $326,326 (15.4%) 0.00 720
2020-01-01 $239,200 (20.7%) $320,874 (13.7%) 0.00 687
2020-02-01 $237,000 (20.1%) $318,878 (12.8%) 0.00 704
2020-03-01 $239,450 (16.3%) $323,825 (10.1%) 0.00 703
2020-04-01 $239,000 (11.2%) $318,942 (2.5%) 0.00 675
2020-05-01 $239,900 (9.3%) $329,783 (3.8%) 0.00 663
2020-06-01 $244,500 (9.2%) $338,787 (6.4%) 0.00 652
2020-07-01 $250,000 (11.2%) $356,905 (12.1%) 0.00 600
2020-08-01 $250,000 (12.4%) $356,979 (12.0%) 0.00 538
2020-09-01 $256,000 (14.2%) $365,311 (14.2%) 0.00 490
2020-10-01 $265,000 (17.3%) $369,033 (15.1%) 0.00 451
2020-11-01 $269,500 (13.0%) $366,401 (14.6%) 0.00 401
2020-12-01 $259,395 (8.2%) $360,101 (10.4%) 0.00 393
2021-01-01 $260,845 (9.1%) $363,862 (13.4%) 0.00 366
2021-02-01 $263,450 (11.2%) $381,416 (19.6%) 0.00 380
2021-03-01 $271,163 (13.2%) $387,565 (19.7%) 0.00 342
2021-04-01 $285,725 (19.6%) $414,705 (30.0%) 0.00 323
2021-05-01 $299,900 (25.0%) $424,839 (28.8%) 0.00 369
2021-06-01 $317,475 (29.9%) $456,594 (34.8%) 0.00 399
2021-07-01 $319,900 (28.0%) $451,421 (26.5%) 0.00 428
2021-08-01 $349,000 (39.6%) $474,643 (33.0%) 0.00 437
2021-09-01 $349,450 (36.5%) $476,839 (30.5%) 0.00 436
2021-10-01 $319,900 (20.7%) $463,210 (25.5%) 0.00 414
2021-11-01 $324,250 (20.3%) $459,486 (25.4%) 0.00 398
2021-12-01 $331,100 (27.6%) $462,959 (28.6%) 0.00 351
2022-01-01 $325,000 (24.6%) $449,352 (23.5%) 0.00 308
2022-02-01 $319,500 (21.3%) $466,246 (22.2%) 0.00 315
2022-03-01 $322,500 (18.9%) $502,839 (29.7%) 0.00 313
2022-04-01 $325,000 (13.8%) $498,290 (20.2%) 0.00 343
2022-05-01 $326,200 (8.8%) $514,437 (21.1%) 0.00 343
2022-06-01 $336,000 (5.8%) $487,453 (6.8%) 0.00 363
2022-07-01 $349,700 (9.3%) $475,816 (5.4%) 0.00 397
2022-08-01 $344,950 (-1.2%) $491,222 (3.5%) 0.00 430
2022-09-01 $350,125 (0.2%) $499,487 (4.8%) 0.00 437
2022-10-01 $349,900 (9.4%) $492,652 (6.4%) 0.00 467
2022-11-01 $349,475 (7.8%) $466,623 (1.6%) 0.00 481
2022-12-01 $325,200 (-1.8%) $452,194 (-2.3%) 0.00 443
2023-01-01 $315,000 (-3.1%) $442,752 (-1.5%) 0.00 406
2023-02-01 $310,725 (-2.8%) $453,432 (-2.8%) 0.00 416
2023-03-01 $319,750 (-0.9%) $462,719 (-8.0%) 0.00 435
2023-04-01 $325,000 (0.0%) $460,410 (-7.6%) 0.00 462
2023-05-01 $322,500 (-1.1%) $466,928 (-9.2%) 0.00 462
2023-06-01 $334,450 (-0.5%) $490,767 (0.7%) 0.00 487
2023-07-01 $352,500 (0.8%) $526,488 (10.7%) 0.00 511
2023-08-01 $354,450 (2.8%) $525,977 (7.1%) 0.00 516
2023-09-01 $365,000 (4.3%) $515,085 (3.1%) 0.00 507
2023-10-01 $349,950 (0.0%) $495,550 (0.6%) 0.00 525
2023-11-01 $351,250 (0.5%) $501,676 (7.5%) 0.00 540
2023-12-01 $345,450 (6.2%) $492,040 (8.8%) 0.00 527
2024-01-01 $349,900 (11.1%) $484,800 (9.5%) 0.00 511
2024-02-01 $349,800 (12.6%) $471,272 (3.9%) 0.00 529
2024-03-01 $349,450 (9.3%) $468,050 (1.2%) 0.00 625
HOT SPRINGS's median listing price for 2024-03-01 was $349,450, a difference of $29,700 (9.3%) versus the prior year and $-350 versus the prior month.

HOT SPRINGS's median listing price comes in at 0% of the national average.

HOT SPRINGS's average listing price for 2024-03-01 was $468,050, a difference of $5,331 (1.2%) versus the prior year and $-3,222 versus the prior month.

For the 2024-03-01 period, HOT SPRINGS had 625 MLS listings, a difference of 96 listings (18%) versus the prior month and 190 listings (44%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - HOT SPRINGS (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,957 sqft
2018-02-01 0 days 1,950 sqft
2018-03-01 0 days 1,945 sqft
2018-04-01 0 days 1,957 sqft
2018-05-01 0 days 1,982 sqft
2018-06-01 0 days 2,016 sqft
2018-07-01 0 days 1,999 sqft
2018-08-01 0 days 2,000 sqft
2018-09-01 0 days 1,978 sqft
2018-10-01 0 days 1,915 sqft
2018-11-01 0 days 1,895 sqft
2018-12-01 0 days 1,895 sqft
2019-01-01 0 days 1,877 sqft
2019-02-01 0 days 1,881 sqft
2019-03-01 0 days 1,901 sqft
2019-04-01 0 days 1,931 sqft
2019-05-01 0 days 2,000 sqft
2019-06-01 0 days 2,010 sqft
2019-07-01 0 days 2,000 sqft
2019-08-01 0 days 2,000 sqft
2019-09-01 0 days 1,983 sqft
2019-10-01 0 days 1,973 sqft
2019-11-01 0 days 2,064 sqft
2019-12-01 0 days 2,024 sqft
2020-01-01 0 days 1,997 sqft
2020-02-01 0 days 1,968 sqft
2020-03-01 0 days 1,969 sqft
2020-04-01 0 days 1,967 sqft
2020-05-01 0 days 1,994 sqft
2020-06-01 0 days 2,079 sqft
2020-07-01 0 days 2,113 sqft
2020-08-01 0 days 2,196 sqft
2020-09-01 0 days 2,174 sqft
2020-10-01 0 days 2,160 sqft
2020-11-01 0 days 2,112 sqft
2020-12-01 0 days 2,007 sqft
2021-01-01 0 days 1,920 sqft
2021-02-01 0 days 1,922 sqft
2021-03-01 0 days 1,902 sqft
2021-04-01 0 days 1,928 sqft
2021-05-01 0 days 1,920 sqft
2021-06-01 0 days 2,100 sqft
2021-07-01 0 days 2,009 sqft
2021-08-01 0 days 2,100 sqft
2021-09-01 0 days 2,052 sqft
2021-10-01 0 days 2,141 sqft
2021-11-01 0 days 2,133 sqft
2021-12-01 0 days 2,069 sqft
2022-01-01 0 days 2,013 sqft
2022-02-01 0 days 2,016 sqft
2022-03-01 0 days 1,944 sqft
2022-04-01 0 days 1,885 sqft
2022-05-01 0 days 2,021 sqft
2022-06-01 0 days 2,126 sqft
2022-07-01 0 days 2,116 sqft
2022-08-01 0 days 2,038 sqft
2022-09-01 0 days 1,928 sqft
2022-10-01 0 days 1,920 sqft
2022-11-01 0 days 1,861 sqft
2022-12-01 0 days 1,772 sqft
2023-01-01 0 days 1,725 sqft
2023-02-01 0 days 1,717 sqft
2023-03-01 0 days 1,719 sqft
2023-04-01 0 days 1,755 sqft
2023-05-01 0 days 1,782 sqft
2023-06-01 0 days 1,859 sqft
2023-07-01 0 days 1,856 sqft
2023-08-01 0 days 1,838 sqft
2023-09-01 0 days 1,752 sqft
2023-10-01 0 days 1,771 sqft
2023-11-01 0 days 1,808 sqft
2023-12-01 0 days 1,809 sqft
2024-01-01 0 days 1,817 sqft
2024-02-01 0 days 1,800 sqft
2024-03-01 0 days 1,776 sqft
HOT SPRINGS's median listing age (time on market) for 2024-03-01 was 0 days.

HOT SPRINGS's median square footage for active listings during the 2024-03-01 period was 1,776 sqft. One year prior, the average listing was 1,719 sqft.

HOT SPRINGS, AR Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
71901 Hot Springs, AR MSA $570 $600 $780 $970 $1,260
71902 Hot Springs, AR MSA $650 $670 $880 $1,090 $1,430
71903 Hot Springs, AR MSA $650 $670 $880 $1,090 $1,430
71909 Hot Springs, AR MSA $940 $980 $1,220 $1,540 $1,960
71910 Hot Springs, AR MSA $650 $670 $880 $1,090 $1,430
71913 Hot Springs, AR MSA $680 $700 $920 $1,140 $1,490
71914 Hot Springs, AR MSA $650 $670 $880 $1,090 $1,430
71933 Hot Springs, AR MSA $540 $560 $730 $910 $1,220
71949 Hot Springs, AR MSA $740 $770 $950 $1,200 $1,530
71956 Hot Springs, AR MSA $540 $560 $730 $910 $1,220
71964 Hot Springs, AR MSA $620 $640 $840 $1,040 $1,370
71968 Hot Springs, AR MSA $660 $690 $900 $1,110 $1,460
72087 Hot Springs, AR MSA $750 $780 $940 $1,210 $1,510
72104 Hot Springs, AR MSA $640 $660 $750 $1,010 $1,220

2022 Average & Median Rent Data Statistics
HOT SPRINGS, AR average 1BR rent: $687, median: $670
HOT SPRINGS, AR average 2BR rent: $877, median: $880
HOT SPRINGS, AR average 3BR rent: $1,100, median: $1,090

HOT SPRINGS, AR Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,238 $290,550,000 $234,693
Cash Out Refi 189 $36,975,000 $195,635
Refi 186 $40,830,000 $219,516
Other 165 $15,025,000 $91,061
Home Improvement 162 $12,100,000 $74,691

Hot Springs's most frequently cited loan purpose was Home Purchase, with 1,238 originations. The 2nd most popular reason was Cash Out Refi, with 189 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 614 $136,220,000 $221,857
7-8% 533 $110,715,000 $207,720
Over 8% 475 $56,825,000 $119,632
5-6% 217 $52,235,000 $240,714
4-5% 9 $2,805,000 $311,667
<2.5% 4 $3,730,000 $932,500
3-4% 2 $310,000 $155,000
2.5-3% 2 $230,000 $115,000

During 2023, Hot Springs's most frequently originated rate bucket was 6-7%, with 614 originations.

Loan Sizing (HOT SPRINGS, AR MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 687 $100,455,000 $146,223
$200k-400k 544 $147,450,000 $271,048
$100,000 or less 535 $30,135,000 $56,327
$400k-600k 119 $57,945,000 $486,933
$600k-1000k 37 $27,065,000 $731,486
$Over $1MM 18 $32,430,000 $1,801,667

HOT SPRINGS's loan sizing saw the bucket of loans from $100k-200k with 687 originations, totaling $100,455,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 741 $176,325,000 $237,955
60-80% 446 $108,130,000 $242,444
40-60% 220 $38,850,000 $176,591
Under 20% 218 $10,150,000 $46,560
20-40% 199 $20,805,000 $104,548
Over 100% 19 $6,215,000 $327,105

HOT SPRINGS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 741 originations, totaling $176,325,000 in origination value.