HOT SPRINGS Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Hot Springs averaged
5.92%
for the week of 2022-06-23, compared to the national average of
5.81% for the same period.
The average rate for the prior week (2022-06-16) was
6.19% and
one month ago for the week of 2022-05-19, the
average rate was 5.46%.
Hot Springs's average rate one year ago was 3.17%.
For refis of the same type during the week of 2022-06-23, the average rate
was 6.1%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-23 | 5.81% |
| Hot Springs 30 Year Fixed Rate | 2022-06-23 | 5.92% |
| Hot Springs 30 Year Fixed Rate Refi | 2022-06-23 | 6.1% |
| Hot Springs 15 Year Fixed Rate | 2022-06-23 | 5.53% |
| Hot Springs 15 Year Fixed Rate Refi | 2022-06-23 | 5.21% |
| Hot Springs 30 Year FHA | 2022-06-23 | 0.26% |
| Hot Springs 30 Year FHA Refi | 2022-06-23 | 0.23% |
| Hot Springs 30 Year USDA | 2022-06-23 | 0.1% |
| Hot Springs 30 Year USDA Refi | 2022-06-23 | -0.12% |
| Hot Springs 30 Year VA | 2022-06-23 | 0.17% |
| Hot Springs 30 Year VA Refi | 2022-06-23 | -0.17% |
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 lendor, 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.).
HOT SPRINGS, AR's 150 lenders originated 3,992
loans during 2021. The total origination value was $831,890,000, with an average loan value of
$208,389.
The top HOT SPRINGS lender as defined by loan originations is QUICKEN LOANS, LLC, with
172 loans originated. Their average total fees are
$4,875, which is $2,017
higher than the next largest lender,
Arvest Bank.
The lowest fee HOT SPRINGS lenders (with over 10 loans originated) are
Reliant Bank ($1,960), First Security Bank ($2,418), SWBC MORTGAGE CORPORATION ($2,452), BETTER MORTGAGE CORPORATION ($2,496) and Simmons Bank ($2,599).
The lowest rate HOT SPRINGS lenders (with over 10 loans originated) are
ENCORE BANK (2.80%), FIRST COMMUNITY MORTGAGE, INC. (2.84%), ARKANSAS Federal Credit Union (2.84%), Bank of America (2.85%) and Eagle Bank and Trust Company (2.88%).
HOT SPRINGS, 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 |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $58,525,000 | $68,975,000 | 17.9% | 8.3% |
| Arvest Bank | $61,630,000 | $55,135,000 | -10.5% | 6.6% |
| SWBC MORTGAGE CORPORATION | $41,540,000 | $43,090,000 | 3.7% | 5.2% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $31,980,000 | $35,240,000 | 10.2% | 4.2% |
| Simmons Bank | $34,675,000 | $32,340,000 | -6.7% | 3.9% |
| First Security Bank | $28,080,000 | $26,905,000 | -4.2% | 3.2% |
| Citizens Bank | $28,680,000 | $25,325,000 | -11.7% | 3.0% |
| Regions Bank | $31,815,000 | $24,240,000 | -23.8% | 2.9% |
| ORIX REAL ESTATE CAPITAL, LLC | $22,715,000 | n/a | 2.7% | |
| U.S. Bank | $16,360,000 | $20,540,000 | 25.6% | 2.5% |
| ARKANSAS Federal Credit Union | $13,285,000 | $19,390,000 | 46.0% | 2.3% |
| FirstTrust Home Loans, Inc. | $14,525,000 | $18,625,000 | 28.2% | 2.2% |
| Southern Bancorp Bank | $18,345,000 | $17,995,000 | -1.9% | 2.2% |
| UNITED WHOLESALE MORTGAGE, LLC | $9,620,000 | $16,980,000 | 76.5% | 2.0% |
| Mortgage Research Center, LLC | $10,895,000 | $15,730,000 | 44.4% | 1.9% |
| LOANDEPOT.COM, LLC | $9,800,000 | $14,750,000 | 50.5% | 1.8% |
| FREEDOM MORTGAGE CORPORATION | $13,495,000 | $14,360,000 | 6.4% | 1.7% |
| PENNYMAC LOAN SERVICES, LLC | $4,085,000 | $13,525,000 | 231.1% | 1.6% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $10,825,000 | $13,375,000 | 23.6% | 1.6% |
| Wells Fargo Bank | $10,405,000 | $13,210,000 | 27.0% | 1.6% |
| ENCORE BANK | $4,795,000 | $12,200,000 | 154.4% | 1.5% |
| GMFS LLC | $9,575,000 | $12,110,000 | 26.5% | 1.5% |
| Diamond Bank | $6,385,000 | $11,910,000 | 86.5% | 1.4% |
| Relyance Bank | $10,775,000 | $11,575,000 | 7.4% | 1.4% |
| Farmers Bank & Trust Company | $9,230,000 | $10,550,000 | 14.3% | 1.3% |
| FIRST COMMUNITY MORTGAGE, INC. | $7,645,000 | $9,915,000 | 29.7% | 1.2% |
| Bank of England | $7,205,000 | $9,270,000 | 28.7% | 1.1% |
| Chambers Bank | $9,660,000 | $8,790,000 | -9.0% | 1.1% |
| COMMUNITY MORTGAGE CORPORATION | $2,610,000 | $7,940,000 | 204.2% | 1.0% |
| BancorpSouth Bank | $10,490,000 | $7,315,000 | -30.3% | 0.9% |
| CALIBER HOME LOANS, INC. | $4,545,000 | $6,110,000 | 34.4% | 0.7% |
| AMERISAVE MORTGAGE CORPORATION | $2,725,000 | $6,085,000 | 123.3% | 0.7% |
| Eagle Bank and Trust Company | $10,665,000 | $5,905,000 | -44.6% | 0.7% |
| EVERETT FINANCIAL, INC. | $2,215,000 | $5,110,000 | 130.7% | 0.6% |
| BETTER MORTGAGE CORPORATION | $1,450,000 | $5,015,000 | 245.9% | 0.6% |
| Bank OZK | $5,035,000 | $4,965,000 | -1.4% | 0.6% |
| JPMorgan Chase Bank | $3,885,000 | $4,950,000 | 27.4% | 0.6% |
| NEW DAY FINANCIAL, LLC | $4,815,000 | $4,820,000 | 0.1% | 0.6% |
| Bank of America | $5,125,000 | $4,590,000 | -10.4% | 0.6% |
| First Horizon Bank | $45,000 | $4,435,000 | 9,755.6% | 0.5% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $6,375,000 | $4,185,000 | -34.4% | 0.5% |
| UNION HOME MORTGAGE CORP. | $8,425,000 | $3,835,000 | -54.5% | 0.5% |
| Centennial Bank | $5,015,000 | $3,590,000 | -28.4% | 0.4% |
| Reliant Bank | $7,575,000 | $3,510,000 | -53.7% | 0.4% |
| Gateway First Bank | $4,070,000 | $3,370,000 | -17.2% | 0.4% |
| First Service Bank | $720,000 | $3,210,000 | 345.8% | 0.4% |
| NEWREZ LLC | $2,055,000 | $3,190,000 | 55.2% | 0.4% |
| State Bank of De Kalb | $1,575,000 | $2,895,000 | 83.8% | 0.3% |
| TOP FLITE FINANCIAL, INC. | $3,430,000 | $2,855,000 | -16.8% | 0.3% |
| First Community Bank | $2,185,000 | $2,750,000 | 25.9% | 0.3% |
| NAVY FEDERAL CREDIT UNION | $1,155,000 | $2,665,000 | 130.7% | 0.3% |
| FLAT BRANCH MORTGAGE, INC. | $515,000 | $2,635,000 | 411.7% | 0.3% |
| The Citizens Bank | $20,415,000 | $2,590,000 | -87.3% | 0.3% |
| Veritex Community Bank | $2,505,000 | n/a | 0.3% | |
| BROKER SOLUTIONS, INC. | $1,645,000 | $2,415,000 | 46.8% | 0.3% |
| CORNERSTONE HOME LENDING, INC. | $2,780,000 | $2,380,000 | -14.4% | 0.3% |
| GUARANTEED RATE, INC. | $800,000 | $2,370,000 | 196.3% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $5,880,000 | $2,330,000 | -60.4% | 0.3% |
| NBKC BANK | $1,450,000 | $2,245,000 | 54.8% | 0.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,005,000 | $2,215,000 | 10.5% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $1,615,000 | $2,105,000 | 30.3% | 0.3% |
| PENTAGON FEDERAL CREDIT UNION | $2,065,000 | $2,095,000 | 1.5% | 0.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $3,070,000 | $2,065,000 | -32.7% | 0.2% |
| HOME POINT FINANCIAL CORPORATION | $450,000 | $2,060,000 | 357.8% | 0.2% |
| First Financial Bank | $1,575,000 | $2,000,000 | 27.0% | 0.2% |
| The Federal Savings Bank | $2,005,000 | $1,915,000 | -4.5% | 0.2% |
| USAA Federal Savings Bank | $4,765,000 | $1,850,000 | -61.2% | 0.2% |
| MORTGAGE FINANCIAL SERVICES, LLC | $430,000 | $1,665,000 | 287.2% | 0.2% |
| Sierra Pacific Mortgage Company, Inc. | $695,000 | $1,650,000 | 137.4% | 0.2% |
| Farm Credit Services of Western Arkansas, ACA | $1,240,000 | $1,580,000 | 27.4% | 0.2% |
| Ally Bank | $1,695,000 | $1,535,000 | -9.4% | 0.2% |
| Carrington Mortgage Services, LLC | $1,460,000 | $1,495,000 | 2.4% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $275,000 | $1,495,000 | 443.6% | 0.2% |
| AMERICAN FINANCING CORPORATION | $310,000 | $1,485,000 | 379.0% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $495,000 | $1,455,000 | 193.9% | 0.2% |
| TELCOE FEDERAL CREDIT UNION | $2,410,000 | $1,450,000 | -39.8% | 0.2% |
| SOVEREIGN LENDING GROUP INCORPORATED | $1,190,000 | $1,395,000 | 17.2% | 0.2% |
| VILLAGE CAPITAL & INVESTMENT LLC | $405,000 | $1,370,000 | 238.3% | 0.2% |
| First National Bank | $3,450,000 | $1,265,000 | -63.3% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $295,000 | $1,260,000 | 327.1% | 0.2% |
| Red River Bank | $255,000 | $1,255,000 | 392.2% | 0.2% |
| DAS Acquisition Company, LLC | $1,250,000 | n/a | 0.2% | |
| Sullivan Bank | $1,240,000 | n/a | 0.1% | |
| IMPAC MORTGAGE CORP. | $1,235,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $315,000 | $1,215,000 | 285.7% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $215,000 | $1,215,000 | 465.1% | 0.1% |
| Morgan Stanley Private Bank | $405,000 | $1,215,000 | 200.0% | 0.1% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,135,000 | $1,200,000 | 5.7% | 0.1% |
| First United Bank and Trust Company | $245,000 | $1,195,000 | 387.8% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $525,000 | $1,195,000 | 127.6% | 0.1% |
| ZILLOW HOME LOANS, LLC | $360,000 | $1,190,000 | 230.6% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $860,000 | $1,155,000 | 34.3% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $655,000 | $1,155,000 | 76.3% | 0.1% |
| FNBC Bank | $145,000 | $1,140,000 | 686.2% | 0.1% |
| PNC Bank | $505,000 | $1,070,000 | 111.9% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $865,000 | $1,050,000 | 21.4% | 0.1% |
| First Arkansas Bank and Trust | $250,000 | $1,030,000 | 312.0% | 0.1% |
| Generations Bank | $1,215,000 | $975,000 | -19.8% | 0.1% |
| CLEARPATH LENDING | $670,000 | $930,000 | 38.8% | 0.1% |
| Nations Lending Corporation | $535,000 | $930,000 | 73.8% | 0.1% |
| MORTGAGE INVESTORS GROUP, INC. | $1,855,000 | $925,000 | -50.1% | 0.1% |
| Truist Bank | $1,170,000 | $925,000 | -20.9% | 0.1% |
| GSF Mortgage Corporation | $655,000 | $915,000 | 39.7% | 0.1% |
| PLANET HOME LENDING, LLC | $860,000 | $915,000 | 6.4% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,230,000 | $900,000 | -26.8% | 0.1% |
| Waterstone Mortgage Corporation | $460,000 | $880,000 | 91.3% | 0.1% |
| AMCAP MORTGAGE, LTD. | $865,000 | n/a | 0.1% | |
| RELIANCE FIRST CAPITAL, LLC | $995,000 | $815,000 | -18.1% | 0.1% |
| Servion, Inc. | $365,000 | $800,000 | 119.2% | 0.1% |
| Goldwater Bank, N.A. | $590,000 | $785,000 | 33.1% | 0.1% |
| Charles Schwab Bank, SSB | $105,000 | $780,000 | 642.9% | 0.1% |
| KELLER MORTGAGE, LLC | $175,000 | $780,000 | 345.7% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $770,000 | n/a | 0.1% | |
| ANECA Federal Credit Union | $765,000 | n/a | 0.1% | |
| BOKF | $530,000 | $715,000 | 34.9% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $710,000 | n/a | 0.1% | |
| 21ST MORTGAGE CORPORATION | $1,485,000 | $705,000 | -52.5% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $1,000,000 | $705,000 | -29.5% | 0.1% |
| WILLOW BEND MORTGAGE COMPANY, LLC | $715,000 | $700,000 | -2.1% | 0.1% |
| Northpointe Bank | $965,000 | $695,000 | -28.0% | 0.1% |
| Low VA Rates, LLC | $735,000 | $690,000 | -6.1% | 0.1% |
| PHH Mortgage Corporation | $200,000 | $670,000 | 235.0% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $640,000 | n/a | 0.1% | |
| Guaranty Bank & Trust, N.A. | $1,060,000 | $635,000 | -40.1% | 0.1% |
| First Home Bank | $620,000 | n/a | 0.1% | |
| Trustmark National Bank | $1,505,000 | $610,000 | -59.5% | 0.1% |
| Origin Bank | $600,000 | n/a | 0.1% | |
| Baxter Credit Union | $595,000 | n/a | 0.1% | |
| F & M Bank | $235,000 | $595,000 | 153.2% | 0.1% |
| Plains Commerce Bank | $590,000 | n/a | 0.1% | |
| Signature Bank of Arkansas | $590,000 | n/a | 0.1% | |
| Great Southern Bank | $435,000 | $575,000 | 32.2% | 0.1% |
| Ixonia Bank | $560,000 | n/a | 0.1% | |
| RiverHills Bank | $545,000 | n/a | 0.1% | |
| SOFI LENDING CORP. | $680,000 | $545,000 | -19.9% | 0.1% |
| Magnolia Bank | $790,000 | $540,000 | -31.6% | 0.1% |
| North American Savings Bank, F.S.B. | $2,830,000 | $540,000 | -80.9% | 0.1% |
| Cf Bank | $355,000 | $525,000 | 47.9% | 0.1% |
| SENTE MORTGAGE, INC. | $785,000 | $500,000 | -36.3% | 0.1% |
| CRESCENT MORTGAGE COMPANY | $485,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $530,000 | $480,000 | -9.4% | 0.1% |
| b1BANK | $475,000 | n/a | 0.1% | |
| Renasant Bank | $670,000 | $470,000 | -29.9% | 0.1% |
| First Security Bank | $28,080,000 | $465,000 | -98.3% | 0.1% |
| Mid-Continent Funding, Inc. | $155,000 | $460,000 | 196.8% | 0.1% |
| Bank of Bartlett | $455,000 | n/a | 0.1% | |
| Axos Bank | $440,000 | n/a | 0.1% | |
| UNITED BUILT HOMES, L.L.C. | $745,000 | $440,000 | -40.9% | 0.1% |
| TEACHERS | $435,000 | n/a | 0.1% | |
| Evolve Bank & Trust | $415,000 | $425,000 | 2.4% | 0.1% |
| First Guaranty Mortgage Corporation | $755,000 | $410,000 | -45.7% | 0.0% |
| INTERLINC MORTGAGE SERVICES, LLC | $410,000 | n/a | 0.0% | |
| ASPIRE FINANCIAL, INC. | $115,000 | $405,000 | 252.2% | 0.0% |
| AMERICAN ADVISORS GROUP | $520,000 | $385,000 | -26.0% | 0.0% |
| TJC Mortgage, Inc. | $385,000 | n/a | 0.0% | |
| FirstBank | $630,000 | $380,000 | -39.7% | 0.0% |
| FIRST STATE MORTGAGE SERVICES, LLC | $375,000 | n/a | 0.0% | |
| BARTLETT MORTGAGE, INC. | $255,000 | $370,000 | 45.1% | 0.0% |
| Texana Bank | $1,140,000 | $370,000 | -67.5% | 0.0% |
| First Bank | $195,000 | $365,000 | 87.2% | 0.0% |
| Figure Lending LLC | $140,000 | $350,000 | 150.0% | 0.0% |
| The First National Bank of Fort Smith | $285,000 | $345,000 | 21.1% | 0.0% |
| COUNTRYPLACE MORTGAGE, LTD. | $670,000 | $340,000 | -49.3% | 0.0% |
| LENDERFI, INC. | $335,000 | n/a | 0.0% | |
| Stride Bank | $335,000 | n/a | 0.0% | |
| Century Next Bank | $125,000 | $330,000 | 164.0% | 0.0% |
| TEXAR | $440,000 | $330,000 | -25.0% | 0.0% |
| ACCELERATE MORTGAGE, LLC | $325,000 | n/a | 0.0% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $325,000 | n/a | 0.0% | |
| Guaranty Bank and Trust Company | $255,000 | $315,000 | 23.5% | 0.0% |
| CMG MORTGAGE, INC. | $310,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $585,000 | $310,000 | -47.0% | 0.0% |
| Greenbox Loans, Inc. | $305,000 | n/a | 0.0% | |
| Hancock Whitney Bank | $305,000 | n/a | 0.0% | |
| Patriot Bank | $290,000 | $305,000 | 5.2% | 0.0% |
| City Bank | $300,000 | $285,000 | -5.0% | 0.0% |
| Equity Bank | $285,000 | n/a | 0.0% | |
| PILGRIM MORTGAGE LLC | $225,000 | $285,000 | 26.7% | 0.0% |
| Quail Creek Bank | $285,000 | n/a | 0.0% | |
| FINANCE OF AMERICA MORTGAGE LLC | $275,000 | n/a | 0.0% | |
| Brighton Bank | $270,000 | n/a | 0.0% | |
| ENDEAVOR CAPITAL, LLC. | $270,000 | n/a | 0.0% | |
| Home Federal Bank | $270,000 | n/a | 0.0% | |
| BNC National Bank | $265,000 | n/a | 0.0% | |
| Citizens' Bank & Trust Co. | $265,000 | n/a | 0.0% | |
| DELMAR FINANCIAL COMPANY | $315,000 | $265,000 | -15.9% | 0.0% |
| Discover Bank | $85,000 | $265,000 | 211.8% | 0.0% |
| Citizens National Bank, N.A. | $185,000 | $255,000 | 37.8% | 0.0% |
| HANSCOM | $255,000 | n/a | 0.0% | |
| Access Bank | $230,000 | n/a | 0.0% | |
| Great Plains National Bank | $225,000 | n/a | 0.0% | |
| UNITED | $325,000 | $225,000 | -30.8% | 0.0% |
| JEFFERSON FINANCIAL | $85,000 | $205,000 | 141.2% | 0.0% |
| MORTGAGE ACCESS CORP. | $205,000 | n/a | 0.0% | |
| Sunflower Bank | $115,000 | $205,000 | 78.3% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $195,000 | n/a | 0.0% | |
| First National Bank Texas | $195,000 | n/a | 0.0% | |
| Assurance Financial Group, L.L.C. | $185,000 | n/a | 0.0% | |
| CityWorth Mortgage LLC | $185,000 | n/a | 0.0% | |
| Flagstar Bank, FSB | $740,000 | $185,000 | -75.0% | 0.0% |
| Texas Bank and Trust Company | $185,000 | n/a | 0.0% | |
| The Home Loan Expert LLC | $185,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $245,000 | $180,000 | -26.5% | 0.0% |
| Citizens National Bank of Texas | $175,000 | n/a | 0.0% | |
| Community Bank of Louisiana | $175,000 | n/a | 0.0% | |
| First Savings Bank | $285,000 | $175,000 | -38.6% | 0.0% |
| United Fidelity Funding Corp. | $1,085,000 | $175,000 | -83.9% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $460,000 | $170,000 | -63.0% | 0.0% |
| Flanagan State Bank | $195,000 | $165,000 | -15.4% | 0.0% |
| RESIDENTIAL BANCORP. | $165,000 | n/a | 0.0% | |
| EMM LOANS LLC | $145,000 | n/a | 0.0% | |
| First Option Mortgage, LLC | $265,000 | $145,000 | -45.3% | 0.0% |
| RED RIVER EMPLOYEES | $1,020,000 | $145,000 | -85.8% | 0.0% |
| CERTAINTY HOME LOANS, LLC | $135,000 | n/a | 0.0% | |
| Citibank | $115,000 | $135,000 | 17.4% | 0.0% |
| FEDEX EMPLOYEES CREDIT ASSOCIATION | $275,000 | $135,000 | -50.9% | 0.0% |
| First National Bank of America | $135,000 | n/a | 0.0% | |
| Priority Bank | $135,000 | n/a | 0.0% | |
| SUN WEST MORTGAGE COMPANY, INC. | $235,000 | $135,000 | -42.6% | 0.0% |
| TIAA, FSB | $705,000 | $135,000 | -80.9% | 0.0% |
| Financial Federal Bank | $125,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $125,000 | n/a | 0.0% | |
| RUOFF MORTGAGE COMPANY, INC. | $445,000 | $125,000 | -71.9% | 0.0% |
| Stifel Bank and Trust | $515,000 | $115,000 | -77.7% | 0.0% |
| Citadel Servicing Corporation | $105,000 | n/a | 0.0% | |
| First Western Bank | $105,000 | n/a | 0.0% | |
| GERSHMAN INVESTMENT CORP. | $105,000 | n/a | 0.0% | |
| MOVEMENT MORTGAGE, LLC | $105,000 | n/a | 0.0% | |
| POLARIS HOME FUNDING CORP. | $430,000 | $105,000 | -75.6% | 0.0% |
| WINGS FINANCIAL | $105,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $415,000 | $95,000 | -77.1% | 0.0% |
| Deere Employees Credit Union | $95,000 | n/a | 0.0% | |
| First National Bank | $3,450,000 | $95,000 | -97.2% | 0.0% |
| Manufacturers and Traders Trust Company | $95,000 | n/a | 0.0% | |
| COMMUNITYAMERICA | $85,000 | n/a | 0.0% | |
| First Citizens National Bank | $85,000 | n/a | 0.0% | |
| First Merchants Bank | $85,000 | n/a | 0.0% | |
| Paramount Residential Mortgage Group, Inc. | $65,000 | n/a | 0.0% | |
| Memphis City Employees Credit Union | $55,000 | n/a | 0.0% | |
| NUMARK CREDIT UNION | $55,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $25,000 | n/a | 0.0% | |
| The Farmers & Merchants Bank | $1,365,000 | $25,000 | -98.2% | 0.0% |
| Home Loan Investment Bank, F.S.B. | $5,000 | n/a | 0.0% |
HOT SPRINGS's top lender by overall market share is QUICKEN LOANS, LLC, with 8.3% market share. In second place, with 6.6%, is Arvest Bank, having originated $55,135,000 in loans. In third place, with 5.2%, is SWBC MORTGAGE CORPORATION, having originated $43,090,000 in loans. In third place, with 4.2%, is ARK-LA-TEX FINANCIAL SERVICES, LLC., having originated $35,240,000 in loans. In third place, with 3.9%, is Simmons Bank, having originated $32,340,000 in loans.
HOT SPRINGS, AR Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,893 | $429,195,000 | $226,727 |
| Refi | 1,236 | $264,720,000 | $214,175 |
| Cash Out Refi | 605 | $115,915,000 | $191,595 |
| Home Improvement | 161 | $13,445,000 | $83,509 |
| Other | 97 | $8,615,000 | $88,814 |
Hot Springs's most frequently cited loan purpose was Home Purchase, with 1,893 originations. The 2nd most popular reason was Refi, with 1,236 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 1,449 | $288,425,000 | $199,051 |
| 2.5-3% | 1,308 | $273,640,000 | $209,205 |
| <2.5% | 637 | $160,735,000 | $252,331 |
| 4-5% | 367 | $65,185,000 | $177,616 |
| 5-6% | 61 | $4,705,000 | $77,131 |
| 6-7% | 24 | $1,700,000 | $70,833 |
| Over 8% | 21 | $1,945,000 | $92,619 |
| 7-8% | 18 | $1,530,000 | $85,000 |
During 2021, Hot Springs's most frequently originated rate bucket was 3-4%, with 1,449 originations.
Loan Sizing (HOT SPRINGS, AR MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,682 | $244,420,000 | $145,315 |
| $200k-400k | 1,128 | $306,360,000 | $271,596 |
| $100,000 or less | 849 | $56,625,000 | $66,696 |
| $400k-600k | 241 | $116,565,000 | $483,672 |
| $600k-1000k | 73 | $53,385,000 | $731,301 |
| $Over $1MM | 19 | $54,535,000 | $2,870,263 |
HOT SPRINGS's loan sizing saw the bucket of loans from $100k-200k with 1,682 originations, totaling $244,420,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,515 | $328,465,000 | $216,809 |
| 60-80% | 1,299 | $287,245,000 | $221,128 |
| 40-60% | 505 | $88,585,000 | $175,416 |
| 20-40% | 258 | $29,310,000 | $113,605 |
| Under 20% | 135 | $7,145,000 | $52,926 |
| Over 100% | 48 | $34,790,000 | $724,792 |
HOT SPRINGS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,515 originations, totaling $328,465,000 in origination value.
Market Conditions (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 | $219,900 (1.3%) | $305,777 (2.7%) | 0.00 | 1,475 |
| 2018-02-01 | $224,950 (2.7%) | $307,510 (3.1%) | 0.00 | 1,502 |
| 2018-03-01 | $229,900 (4.6%) | $308,929 (3.6%) | 0.00 | 1,570 |
| 2018-04-01 | $230,000 (3.6%) | $316,468 (5.5%) | 0.00 | 1,643 |
| 2018-05-01 | $229,900 (0.4%) | $316,259 (4.5%) | 0.00 | 1,736 |
| 2018-06-01 | $235,000 (2.2%) | $320,708 (5.0%) | 0.00 | 1,764 |
| 2018-07-01 | $235,000 (0.0%) | $312,559 (0.9%) | 0.00 | 1,803 |
| 2018-08-01 | $229,900 (2.2%) | $308,907 (0.1%) | 0.00 | 1,791 |
| 2018-09-01 | $230,000 (2.2%) | $307,916 (1.0%) | 0.00 | 1,746 |
| 2018-10-01 | $225,000 (1.1%) | $299,628 (0.0%) | 0.00 | 1,739 |
| 2018-11-01 | $220,000 (0.9%) | $300,360 (0.4%) | 0.00 | 1,658 |
| 2018-12-01 | $224,000 (2.1%) | $301,975 (-0.6%) | 0.00 | 1,549 |
| 2019-01-01 | $219,950 (0.0%) | $301,933 (-1.3%) | 0.00 | 1,463 |
| 2019-02-01 | $220,500 (-2.0%) | $303,442 (-1.3%) | 0.00 | 1,468 |
| 2019-03-01 | $224,814 (-2.2%) | $314,932 (1.9%) | 0.00 | 1,460 |
| 2019-04-01 | $234,450 (1.9%) | $333,271 (5.3%) | 0.00 | 1,452 |
| 2019-05-01 | $239,900 (4.4%) | $337,193 (6.6%) | 0.00 | 1,474 |
| 2019-06-01 | $249,500 (6.2%) | $339,500 (5.9%) | 0.00 | 1,457 |
| 2019-07-01 | $256,950 (9.3%) | $340,229 (8.9%) | 0.00 | 1,524 |
| 2019-08-01 | $253,857 (10.4%) | $340,204 (10.1%) | 0.00 | 1,493 |
| 2019-09-01 | $258,450 (12.4%) | $340,532 (10.6%) | 0.00 | 1,442 |
| 2019-10-01 | $256,200 (13.9%) | $332,556 (11.0%) | 0.00 | 1,400 |
| 2019-11-01 | $257,900 (17.2%) | $330,144 (9.9%) | 0.00 | 1,340 |
| 2019-12-01 | $252,400 (12.7%) | $326,773 (8.2%) | 0.00 | 1,249 |
| 2020-01-01 | $246,200 (11.9%) | $319,625 (5.9%) | 0.00 | 1,182 |
| 2020-02-01 | $240,000 (8.8%) | $322,965 (6.4%) | 0.00 | 1,166 |
| 2020-03-01 | $249,450 (11.0%) | $329,930 (4.8%) | 0.00 | 1,196 |
| 2020-04-01 | $249,700 (6.5%) | $326,574 (-2.0%) | 0.00 | 1,169 |
| 2020-05-01 | $250,000 (4.2%) | $334,209 (-0.9%) | 0.00 | 1,126 |
| 2020-06-01 | $259,750 (4.1%) | $340,078 (0.2%) | 0.00 | 1,075 |
| 2020-07-01 | $269,900 (5.0%) | $359,066 (5.5%) | 0.00 | 965 |
| 2020-08-01 | $265,000 (4.4%) | $360,192 (5.9%) | 0.00 | 846 |
| 2020-09-01 | $275,000 (6.4%) | $375,184 (10.2%) | 0.00 | 762 |
| 2020-10-01 | $279,000 (8.9%) | $377,918 (13.6%) | 0.00 | 725 |
| 2020-11-01 | $279,950 (8.6%) | $375,380 (13.7%) | 0.00 | 657 |
| 2020-12-01 | $265,000 (5.0%) | $368,335 (12.7%) | 0.00 | 626 |
| 2021-01-01 | $269,900 (9.6%) | $377,348 (18.1%) | 0.00 | 561 |
| 2021-02-01 | $276,475 (15.2%) | $396,993 (22.9%) | 0.00 | 559 |
| 2021-03-01 | $287,000 (15.1%) | $397,695 (20.5%) | 0.00 | 506 |
| 2021-04-01 | $299,250 (19.8%) | $411,045 (25.9%) | 0.00 | 485 |
| 2021-05-01 | $315,000 (26.0%) | $418,699 (25.3%) | 0.00 | 543 |
| 2021-06-01 | $337,000 (29.7%) | $447,664 (31.6%) | 0.00 | 588 |
| 2021-07-01 | $334,000 (23.8%) | $447,175 (24.5%) | 0.00 | 646 |
| 2021-08-01 | $349,000 (31.7%) | $458,367 (27.3%) | 0.00 | 645 |
| 2021-09-01 | $344,500 (25.3%) | $455,389 (21.4%) | 0.00 | 651 |
| 2021-10-01 | $325,000 (16.5%) | $445,102 (17.8%) | 0.00 | 621 |
| 2021-11-01 | $322,500 (15.2%) | $437,879 (16.7%) | 0.00 | 594 |
| 2021-12-01 | $334,450 (26.2%) | $451,107 (22.5%) | 0.00 | 533 |
| 2022-01-01 | $320,000 (18.6%) | $440,736 (16.8%) | 0.00 | 470 |
| 2022-02-01 | $316,950 (14.6%) | $451,806 (13.8%) | 0.00 | 462 |
| 2022-03-01 | $325,000 (13.2%) | $479,525 (20.6%) | 0.00 | 460 |
| 2022-04-01 | $320,000 (6.9%) | $465,651 (13.3%) | 0.00 | 514 |
| 2022-05-01 | $324,500 (3.0%) | $491,073 (17.3%) | 0.00 | 511 |
HOT SPRINGS's median listing price for 2022-05-01 was $324,500, a difference of
$9,500
(3.0%) versus the prior year and
$4,500 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 2022-05-01 was $491,073, a difference of $72,374 (17.3%) versus the prior year and $25,422 versus the prior month.
For the 2022-05-01 period, HOT SPRINGS had 511 MLS listings, a difference of -3 listings (-1%) versus the prior month and -32 listings (-6%) versus the prior year.
HOT SPRINGS's median listing price comes in at 0% of the national average.
HOT SPRINGS's average listing price for 2022-05-01 was $491,073, a difference of $72,374 (17.3%) versus the prior year and $25,422 versus the prior month.
For the 2022-05-01 period, HOT SPRINGS had 511 MLS listings, a difference of -3 listings (-1%) versus the prior month and -32 listings (-6%) 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 | 2,062 sqft |
| 2018-02-01 | 0 days | 2,089 sqft |
| 2018-03-01 | 0 days | 2,100 sqft |
| 2018-04-01 | 0 days | 2,103 sqft |
| 2018-05-01 | 0 days | 2,136 sqft |
| 2018-06-01 | 0 days | 2,154 sqft |
| 2018-07-01 | 0 days | 2,161 sqft |
| 2018-08-01 | 0 days | 2,160 sqft |
| 2018-09-01 | 0 days | 2,152 sqft |
| 2018-10-01 | 0 days | 2,090 sqft |
| 2018-11-01 | 0 days | 2,022 sqft |
| 2018-12-01 | 0 days | 2,066 sqft |
| 2019-01-01 | 0 days | 2,012 sqft |
| 2019-02-01 | 0 days | 2,021 sqft |
| 2019-03-01 | 0 days | 2,067 sqft |
| 2019-04-01 | 0 days | 2,131 sqft |
| 2019-05-01 | 0 days | 2,170 sqft |
| 2019-06-01 | 0 days | 2,187 sqft |
| 2019-07-01 | 0 days | 2,193 sqft |
| 2019-08-01 | 0 days | 2,185 sqft |
| 2019-09-01 | 0 days | 2,176 sqft |
| 2019-10-01 | 0 days | 2,156 sqft |
| 2019-11-01 | 0 days | 2,175 sqft |
| 2019-12-01 | 0 days | 2,112 sqft |
| 2020-01-01 | 0 days | 2,035 sqft |
| 2020-02-01 | 0 days | 2,040 sqft |
| 2020-03-01 | 0 days | 2,062 sqft |
| 2020-04-01 | 0 days | 2,091 sqft |
| 2020-05-01 | 0 days | 2,124 sqft |
| 2020-06-01 | 0 days | 2,169 sqft |
| 2020-07-01 | 0 days | 2,208 sqft |
| 2020-08-01 | 0 days | 2,213 sqft |
| 2020-09-01 | 0 days | 2,213 sqft |
| 2020-10-01 | 0 days | 2,213 sqft |
| 2020-11-01 | 0 days | 2,200 sqft |
| 2020-12-01 | 0 days | 2,097 sqft |
| 2021-01-01 | 0 days | 2,097 sqft |
| 2021-02-01 | 0 days | 2,049 sqft |
| 2021-03-01 | 0 days | 2,011 sqft |
| 2021-04-01 | 0 days | 2,044 sqft |
| 2021-05-01 | 0 days | 2,055 sqft |
| 2021-06-01 | 0 days | 2,148 sqft |
| 2021-07-01 | 0 days | 2,096 sqft |
| 2021-08-01 | 0 days | 2,132 sqft |
| 2021-09-01 | 0 days | 2,114 sqft |
| 2021-10-01 | 0 days | 2,141 sqft |
| 2021-11-01 | 0 days | 2,133 sqft |
| 2021-12-01 | 0 days | 2,093 sqft |
| 2022-01-01 | 0 days | 2,012 sqft |
| 2022-02-01 | 0 days | 2,023 sqft |
| 2022-03-01 | 0 days | 2,010 sqft |
| 2022-04-01 | 0 days | 1,957 sqft |
| 2022-05-01 | 0 days | 2,031 sqft |
HOT SPRINGS's median listing age (time on market) for 2022-05-01 was 0 days.
HOT SPRINGS's median square footage for active listings during the 2022-05-01 period was 2,031 sqft. One year prior, the average listing was 2,055 sqft.
HOT SPRINGS's median square footage for active listings during the 2022-05-01 period was 2,031 sqft. One year prior, the average listing was 2,055 sqft.
