Jasper Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Jasper averaged
6.53%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
6.86% and
one month ago for the week of 2023-02-09, the
average rate was 6.25%.
Jasper's average rate one year ago was 3.98%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.6%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
Jasper 30 Year Fixed Rate | 2023-03-16 | 6.53% |
Jasper 30 Year Fixed Rate Refi | 2023-03-16 | 6.6% |
Jasper 15 Year Fixed Rate | 2023-03-16 | 6.28% |
Jasper 15 Year Fixed Rate Refi | 2023-03-16 | 5.95% |
Jasper 30 Year FHA | 2023-03-16 | 6.45% |
Jasper 30 Year FHA Refi | 2023-03-16 | 6.42% |
Jasper 30 Year USDA | 2023-03-16 | 6.3% |
Jasper 30 Year USDA Refi | 2023-03-16 | 6.23% |
Jasper 30 Year VA | 2023-03-16 | 6.63% |
Jasper 30 Year VA Refi | 2023-03-16 | 6.1% |
Jasper 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 Jasper, IN 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.).
Jasper Average Closing Costs & Other Stats
Jasper, IN's 60 lenders originated 1,655
loans during 2021. The total origination value was $242,545,000, with an average loan value of
$146,553.
Jasper's average closing costs are $3,429.
The top Jasper lender as defined by loan originations is German American Bank, with
152 loans originated. Their average total fees are
$2,341, which is $248
lower than the next largest lender,
Fifth Third Bank.
The lowest fee Jasper lenders (with over 10 loans originated) are
First Federal Savings Bank ($1,743), HOME POINT FINANCIAL CORPORATION ($2,317), German American Bank ($2,341), EVANSVILLE TEACHERS ($2,351) and Fifth Third Bank ($2,590).
The lowest rate Jasper lenders (with over 10 loans originated) are
Old National Bank (3.08%), Fifth Third Bank (3.15%), German American Bank (3.15%), QUICKEN LOANS, LLC (3.16%) and EVANSVILLE TEACHERS (3.18%).
Jasper, IN 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
---|---|---|---|---|
German American Bank | $68,530,000 | $64,970,000 | -5.2% | 26.8% |
Fifth Third Bank | $18,460,000 | $32,995,000 | 78.7% | 13.6% |
Old National Bank | $29,725,000 | $21,625,000 | -27.2% | 8.9% |
QUICKEN LOANS, LLC | $17,005,000 | $16,170,000 | -4.9% | 6.7% |
HOME POINT FINANCIAL CORPORATION | $4,425,000 | $15,355,000 | 247.0% | 6.3% |
EVANSVILLE TEACHERS | $11,965,000 | $8,795,000 | -26.5% | 3.6% |
First Federal Savings Bank | $95,000 | $6,930,000 | 7,194.7% | 2.9% |
FREEDOM MORTGAGE CORPORATION | $2,800,000 | $5,630,000 | 101.1% | 2.3% |
FBC MORTGAGE, LLC | $5,140,000 | $4,985,000 | -3.0% | 2.1% |
CALIBER HOME LOANS, INC. | $960,000 | $4,000,000 | 316.7% | 1.6% |
LOANDEPOT.COM, LLC | $2,015,000 | $3,305,000 | 64.0% | 1.4% |
MORTGAGE MASTERS OF INDIANA, INC. | $2,535,000 | $3,240,000 | 27.8% | 1.3% |
AMERIFIRST FINANCIAL CORPORATION | $3,010,000 | $2,305,000 | -23.4% | 1.0% |
GUARANTEED RATE, INC. | $195,000 | $2,255,000 | 1,056.4% | 0.9% |
AMERISAVE MORTGAGE CORPORATION | $475,000 | $2,225,000 | 368.4% | 0.9% |
RUOFF MORTGAGE COMPANY, INC. | $1,810,000 | $1,730,000 | -4.4% | 0.7% |
NEWREZ LLC | $130,000 | $1,590,000 | 1,123.1% | 0.7% |
UNITED WHOLESALE MORTGAGE, LLC | $5,440,000 | $1,570,000 | -71.1% | 0.6% |
GVC MORTGAGE, INC. | $1,520,000 | $1,540,000 | 1.3% | 0.6% |
Wells Fargo Bank | $270,000 | $1,510,000 | 459.3% | 0.6% |
MEMBER FIRST MORTGAGE, LLC | $4,105,000 | $1,435,000 | -65.0% | 0.6% |
Bank of England | $1,430,000 | $1,415,000 | -1.0% | 0.6% |
Mortgage Research Center, LLC | $1,795,000 | $1,405,000 | -21.7% | 0.6% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $675,000 | $1,345,000 | 99.3% | 0.6% |
BETTER MORTGAGE CORPORATION | $360,000 | $1,245,000 | 245.8% | 0.5% |
NAVY FEDERAL CREDIT UNION | $510,000 | $1,245,000 | 144.1% | 0.5% |
JPMorgan Chase Bank | $2,025,000 | $1,160,000 | -42.7% | 0.5% |
Carrington Mortgage Services, LLC | $1,145,000 | $1,075,000 | -6.1% | 0.4% |
Mr. Cooper ( Nationstar Mortgage ) | $1,745,000 | $1,025,000 | -41.3% | 0.4% |
NEW DAY FINANCIAL, LLC | $220,000 | $995,000 | 352.3% | 0.4% |
BROKER SOLUTIONS, INC. | $480,000 | $985,000 | 105.2% | 0.4% |
First Savings Bank | $5,030,000 | $965,000 | -80.8% | 0.4% |
Bank of America | $530,000 | $915,000 | 72.6% | 0.4% |
LAKEVIEW LOAN SERVICING, LLC | $545,000 | $845,000 | 55.0% | 0.3% |
PLAZA HOME MORTGAGE, INC. | $370,000 | $825,000 | 123.0% | 0.3% |
PENNYMAC LOAN SERVICES, LLC | $805,000 | n/a | 0.3% | |
Farm Credit Mid-America, ACA | $1,345,000 | $770,000 | -42.8% | 0.3% |
MUTUAL OF OMAHA MORTGAGE, INC. | $715,000 | n/a | 0.3% | |
CRANE | $510,000 | $705,000 | 38.2% | 0.3% |
Cf Bank | $635,000 | n/a | 0.3% | |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $440,000 | $630,000 | 43.2% | 0.3% |
Century Mortgage Company DBA Century Lending Company | $630,000 | n/a | 0.3% | |
PLANET HOME LENDING, LLC | $230,000 | $585,000 | 154.3% | 0.2% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $630,000 | $580,000 | -7.9% | 0.2% |
SOUTHWEST FUNDING, LP | $320,000 | $555,000 | 73.4% | 0.2% |
Heritage Federal Credit Union | $1,780,000 | $540,000 | -69.7% | 0.2% |
21ST MORTGAGE CORPORATION | $1,230,000 | $530,000 | -56.9% | 0.2% |
Flagstar Bank, FSB | $380,000 | $530,000 | 39.5% | 0.2% |
CLEARPATH LENDING | $520,000 | n/a | 0.2% | |
ROYAL UNITED MORTGAGE LLC | $850,000 | $520,000 | -38.8% | 0.2% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $465,000 | n/a | 0.2% | |
Regions Bank | $570,000 | $445,000 | -21.9% | 0.2% |
Equity Prime Mortgage LLC | $430,000 | n/a | 0.2% | |
FIELD & MAIN BANK, INC. | $405,000 | n/a | 0.2% | |
GUARANTY HOME MORTGAGE CORPORATION | $405,000 | $395,000 | -2.5% | 0.2% |
FAIR WAY LENDING LLC | $445,000 | $390,000 | -12.4% | 0.2% |
Deere Employees Credit Union | $380,000 | n/a | 0.2% | |
HOMESIDE FINANCIAL, LLC | $370,000 | n/a | 0.2% | |
CONSUMERS | $365,000 | n/a | 0.2% | |
Nations Lending Corporation | $210,000 | $360,000 | 71.4% | 0.1% |
ZILLOW HOME LOANS, LLC | $325,000 | $360,000 | 10.8% | 0.1% |
L & N Federal Credit Union | $355,000 | n/a | 0.1% | |
AMERICAN FINANCIAL RESOURCES, INC. | $940,000 | $335,000 | -64.4% | 0.1% |
CROSSCOUNTRY MORTGAGE, LLC | $830,000 | $320,000 | -61.4% | 0.1% |
NORTHERN MORTGAGE SERVICES, LLC | $320,000 | n/a | 0.1% | |
SOFI LENDING CORP. | $315,000 | n/a | 0.1% | |
UNION HOME MORTGAGE CORP. | $340,000 | $300,000 | -11.8% | 0.1% |
CELEBRITY HOME LOANS, LLC | $275,000 | n/a | 0.1% | |
CHURCHILL MORTGAGE CORPORATION | $580,000 | $275,000 | -52.6% | 0.1% |
GUILD MORTGAGE COMPANY | $265,000 | n/a | 0.1% | |
First Guaranty Mortgage Corporation | $425,000 | $255,000 | -40.0% | 0.1% |
FLAT BRANCH MORTGAGE, INC. | $245,000 | n/a | 0.1% | |
FORUM Credit Union | $225,000 | n/a | 0.1% | |
RELIANCE FIRST CAPITAL, LLC | $85,000 | $220,000 | 158.8% | 0.1% |
Figure Lending LLC | $210,000 | n/a | 0.1% | |
USAA Federal Savings Bank | $1,765,000 | $210,000 | -88.1% | 0.1% |
TEACHERS CREDIT UNION | $280,000 | $205,000 | -26.8% | 0.1% |
ACADEMY MORTGAGE CORPORATION | $195,000 | n/a | 0.1% | |
AMERICAN MORTGAGE SERVICE COMPANY | $195,000 | n/a | 0.1% | |
Arbor Bank | $195,000 | n/a | 0.1% | |
SUN WEST MORTGAGE COMPANY, INC. | $340,000 | $195,000 | -42.6% | 0.1% |
The Huntington National Bank | $440,000 | $195,000 | -55.7% | 0.1% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $185,000 | n/a | 0.1% | |
KELLER MORTGAGE, LLC | $175,000 | n/a | 0.1% | |
Flanagan State Bank | $105,000 | $165,000 | 57.1% | 0.1% |
Magnolia Bank | $165,000 | n/a | 0.1% | |
Merchants Bank of Indiana | $165,000 | n/a | 0.1% | |
Superior Credit Union, Inc. | $165,000 | n/a | 0.1% | |
UNIFY FINANCIAL Credit Union | $160,000 | n/a | 0.1% | |
Arvest Bank | $65,000 | $150,000 | 130.8% | 0.1% |
AMCAP MORTGAGE, LTD. | $75,000 | $145,000 | 93.3% | 0.1% |
EMBRACE HOME LOANS, INC. | $205,000 | $145,000 | -29.3% | 0.1% |
EVANSVILLE | $390,000 | $145,000 | -62.8% | 0.1% |
PENTAGON FEDERAL CREDIT UNION | $145,000 | n/a | 0.1% | |
First Financial Bank | $35,000 | $140,000 | 300.0% | 0.1% |
Commonwealth Bank and Trust Company | $135,000 | n/a | 0.1% | |
NTFN, INC. | $135,000 | n/a | 0.1% | |
PROVIDENT FUNDING ASSOCIATES, L.P. | $135,000 | n/a | 0.1% | |
TOP FLITE FINANCIAL, INC. | $135,000 | n/a | 0.1% | |
JLB CORPORATION | $125,000 | n/a | 0.1% | |
Sierra Pacific Mortgage Company, Inc. | $290,000 | $125,000 | -56.9% | 0.1% |
Stock Yards Bank & Trust Company | $125,000 | n/a | 0.1% | |
1ST SIGNATURE LENDING, LLC | $235,000 | $115,000 | -51.1% | 0.0% |
Austin Capital Bank SSB | $115,000 | n/a | 0.0% | |
AMERICAN FINANCING CORPORATION | $105,000 | n/a | 0.0% | |
SUCCESS MORTGAGE PARTNERS, INC. | $95,000 | $105,000 | 10.5% | 0.0% |
Catlin Bank | $95,000 | n/a | 0.0% | |
INTERLINC MORTGAGE SERVICES, LLC | $370,000 | $95,000 | -74.3% | 0.0% |
Discover Bank | $35,000 | $90,000 | 157.1% | 0.0% |
FINANCE OF AMERICA REVERSE LLC | $85,000 | n/a | 0.0% | |
Union Savings Bank | $85,000 | n/a | 0.0% | |
PHH Mortgage Corporation | $65,000 | n/a | 0.0% | |
U.S. Bank | $525,000 | $65,000 | -87.6% | 0.0% |
AMERICAN ADVISORS GROUP | $75,000 | $35,000 | -53.3% | 0.0% |
Jasper's top lender by overall market share is German American Bank, with 26.8% market share. In second place, with 13.6%, is Fifth Third Bank, having originated $32,995,000 in loans. In third place, with 8.9%, is Old National Bank, having originated $21,625,000 in loans. In fourth place, with 6.7%, is QUICKEN LOANS, LLC, having originated $16,170,000 in loans. In fifth place, with 6.3%, is HOME POINT FINANCIAL CORPORATION, having originated $15,355,000 in loans.
Jasper Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Jasper (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 | $162,450 (16.1%) | $216,370 (6.3%) | 0.00 | 112 |
2018-02-01 | $158,675 (5.9%) | $222,917 (10.3%) | 0.00 | 106 |
2018-03-01 | $184,000 (16.9%) | $233,809 (11.4%) | 0.00 | 98 |
2018-04-01 | $195,556 (20.7%) | $246,396 (18.5%) | 0.00 | 98 |
2018-05-01 | $235,000 (36.3%) | $252,703 (16.6%) | 0.00 | 102 |
2018-06-01 | $226,500 (39.3%) | $241,683 (15.7%) | 0.00 | 107 |
2018-07-01 | $200,000 (24.6%) | $225,267 (11.2%) | 0.00 | 116 |
2018-08-01 | $183,050 (7.7%) | $221,288 (4.9%) | 0.00 | 115 |
2018-09-01 | $183,700 (8.4%) | $226,114 (4.6%) | 0.00 | 116 |
2018-10-01 | $181,900 (22.0%) | $223,745 (2.2%) | 0.00 | 125 |
2018-11-01 | $185,000 (24.7%) | $229,545 (7.6%) | 0.00 | 122 |
2018-12-01 | $188,450 (13.7%) | $227,529 (7.8%) | 0.00 | 121 |
2019-01-01 | $193,275 (19.0%) | $227,558 (5.2%) | 0.00 | 113 |
2019-02-01 | $190,200 (19.9%) | $226,729 (1.7%) | 0.00 | 120 |
2019-03-01 | $186,071 (1.1%) | $226,380 (-3.2%) | 0.00 | 109 |
2019-04-01 | $187,546 (-4.1%) | $230,078 (-6.6%) | 0.00 | 103 |
2019-05-01 | $208,725 (-11.2%) | $228,736 (-9.5%) | 0.00 | 103 |
2019-06-01 | $214,450 (-5.3%) | $230,945 (-4.4%) | 0.00 | 130 |
2019-07-01 | $219,900 (10.0%) | $233,047 (3.5%) | 0.00 | 141 |
2019-08-01 | $216,927 (18.5%) | $232,880 (5.2%) | 0.00 | 142 |
2019-09-01 | $212,468 (15.7%) | $232,329 (2.8%) | 0.00 | 141 |
2019-10-01 | $207,125 (13.9%) | $229,804 (2.7%) | 0.00 | 141 |
2019-11-01 | $193,000 (4.3%) | $225,272 (-1.9%) | 0.00 | 153 |
2019-12-01 | $194,600 (3.3%) | $233,494 (2.6%) | 0.00 | 138 |
2020-01-01 | $202,600 (4.8%) | $244,220 (7.3%) | 0.00 | 120 |
2020-02-01 | $199,900 (5.1%) | $245,112 (8.1%) | 0.00 | 118 |
2020-03-01 | $229,100 (23.1%) | $262,525 (16.0%) | 0.00 | 118 |
2020-04-01 | $228,225 (21.7%) | $266,639 (15.9%) | 0.00 | 114 |
2020-05-01 | $229,000 (9.7%) | $274,749 (20.1%) | 0.00 | 106 |
2020-06-01 | $226,625 (5.7%) | $279,291 (20.9%) | 0.00 | 104 |
2020-07-01 | $217,950 (-0.9%) | $274,447 (17.8%) | 0.00 | 98 |
2020-08-01 | $226,500 (4.4%) | $269,142 (15.6%) | 0.00 | 87 |
2020-09-01 | $228,950 (7.8%) | $272,371 (17.2%) | 0.00 | 76 |
2020-10-01 | $234,000 (13.0%) | $289,170 (25.8%) | 0.00 | 75 |
2020-11-01 | $196,950 (2.1%) | $279,506 (24.1%) | 0.00 | 69 |
2020-12-01 | $198,450 (2.0%) | $274,043 (17.4%) | 0.00 | 62 |
2021-01-01 | $189,900 (-6.3%) | $250,483 (2.6%) | 0.00 | 63 |
2021-02-01 | $186,950 (-6.5%) | $252,082 (2.8%) | 0.00 | 53 |
2021-03-01 | $197,425 (-13.8%) | $255,925 (-2.5%) | 0.00 | 40 |
2021-04-01 | $204,000 (-10.6%) | $274,278 (2.9%) | 0.00 | 37 |
2021-05-01 | $199,999 (-12.7%) | $241,335 (-12.2%) | 0.00 | 41 |
2021-06-01 | $214,450 (-5.4%) | $257,429 (-7.8%) | 0.00 | 35 |
2021-07-01 | $179,950 (-17.4%) | $232,204 (-15.4%) | 0.00 | 37 |
2021-08-01 | $179,800 (-20.6%) | $231,952 (-13.8%) | 0.00 | 57 |
2021-09-01 | $173,350 (-24.3%) | $239,054 (-12.2%) | 0.00 | 60 |
2021-10-01 | $183,450 (-21.6%) | $239,978 (-17.0%) | 0.00 | 62 |
2021-11-01 | $239,950 (21.8%) | $281,135 (0.6%) | 0.00 | 51 |
2021-12-01 | $242,225 (22.1%) | $268,494 (-2.0%) | 0.00 | 43 |
2022-01-01 | $265,000 (39.6%) | $279,254 (11.5%) | 0.00 | 36 |
2022-02-01 | $257,750 (37.9%) | $317,873 (26.1%) | 0.00 | 37 |
2022-03-01 | $242,450 (22.8%) | $307,579 (20.2%) | 0.00 | 42 |
2022-04-01 | $238,500 (16.9%) | $305,107 (11.2%) | 0.00 | 39 |
2022-05-01 | $230,425 (15.2%) | $305,767 (26.7%) | 0.00 | 52 |
2022-06-01 | $233,450 (8.9%) | $281,305 (9.3%) | 0.00 | 60 |
2022-07-01 | $232,450 (29.2%) | $294,075 (26.7%) | 0.00 | 64 |
2022-08-01 | $233,975 (30.1%) | $272,852 (17.6%) | 0.00 | 67 |
2022-09-01 | $253,675 (46.3%) | $296,674 (24.1%) | 0.00 | 70 |
2022-10-01 | $239,900 (30.8%) | $300,112 (25.1%) | 0.00 | 80 |
2022-11-01 | $222,250 (-7.4%) | $301,375 (7.2%) | 0.00 | 72 |
2022-12-01 | $229,000 (-5.5%) | $294,066 (9.5%) | 0.00 | 70 |
2023-01-01 | $234,450 (-11.5%) | $298,464 (6.9%) | 0.00 | 64 |
2023-02-01 | $250,000 (-3.0%) | $318,435 (0.2%) | 0.00 | 59 |
Jasper's median listing price comes in at 0% of the national average.
Jasper's average listing price for 2023-02-01 was $318,435, a difference of $562 (0.2%) versus the prior year and $19,971 versus the prior month.
For the 2023-02-01 period, Jasper had 59 MLS listings, a difference of -5 listings (-8%) versus the prior month and 22 listings (59%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Jasper (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,006 sqft |
2018-02-01 | 0 days | 2,225 sqft |
2018-03-01 | 0 days | 2,285 sqft |
2018-04-01 | 0 days | 2,229 sqft |
2018-05-01 | 0 days | 2,348 sqft |
2018-06-01 | 0 days | 2,275 sqft |
2018-07-01 | 0 days | 2,092 sqft |
2018-08-01 | 0 days | 2,116 sqft |
2018-09-01 | 0 days | 2,150 sqft |
2018-10-01 | 0 days | 2,152 sqft |
2018-11-01 | 0 days | 2,338 sqft |
2018-12-01 | 0 days | 2,166 sqft |
2019-01-01 | 0 days | 2,166 sqft |
2019-02-01 | 0 days | 2,160 sqft |
2019-03-01 | 0 days | 2,136 sqft |
2019-04-01 | 0 days | 2,136 sqft |
2019-05-01 | 0 days | 2,200 sqft |
2019-06-01 | 0 days | 2,130 sqft |
2019-07-01 | 0 days | 2,186 sqft |
2019-08-01 | 0 days | 2,230 sqft |
2019-09-01 | 0 days | 2,233 sqft |
2019-10-01 | 0 days | 2,225 sqft |
2019-11-01 | 0 days | 2,151 sqft |
2019-12-01 | 0 days | 2,209 sqft |
2020-01-01 | 0 days | 2,239 sqft |
2020-02-01 | 0 days | 2,253 sqft |
2020-03-01 | 0 days | 2,316 sqft |
2020-04-01 | 0 days | 2,359 sqft |
2020-05-01 | 0 days | 2,400 sqft |
2020-06-01 | 0 days | 2,536 sqft |
2020-07-01 | 0 days | 2,331 sqft |
2020-08-01 | 0 days | 2,284 sqft |
2020-09-01 | 0 days | 2,274 sqft |
2020-10-01 | 0 days | 2,376 sqft |
2020-11-01 | 0 days | 2,253 sqft |
2020-12-01 | 0 days | 2,144 sqft |
2021-01-01 | 0 days | 2,056 sqft |
2021-02-01 | 0 days | 2,289 sqft |
2021-03-01 | 0 days | 2,404 sqft |
2021-04-01 | 0 days | 2,559 sqft |
2021-05-01 | 0 days | 2,180 sqft |
2021-06-01 | 0 days | 1,902 sqft |
2021-07-01 | 0 days | 1,736 sqft |
2021-08-01 | 0 days | 1,886 sqft |
2021-09-01 | 0 days | 2,004 sqft |
2021-10-01 | 0 days | 1,976 sqft |
2021-11-01 | 0 days | 2,319 sqft |
2021-12-01 | 0 days | 2,113 sqft |
2022-01-01 | 0 days | 2,152 sqft |
2022-02-01 | 0 days | 2,087 sqft |
2022-03-01 | 0 days | 2,124 sqft |
2022-04-01 | 0 days | 2,013 sqft |
2022-05-01 | 0 days | 2,068 sqft |
2022-06-01 | 0 days | 1,838 sqft |
2022-07-01 | 0 days | 1,885 sqft |
2022-08-01 | 0 days | 1,702 sqft |
2022-09-01 | 0 days | 1,779 sqft |
2022-10-01 | 0 days | 1,825 sqft |
2022-11-01 | 0 days | 1,778 sqft |
2022-12-01 | 0 days | 1,811 sqft |
2023-01-01 | 0 days | 1,817 sqft |
2023-02-01 | 0 days | 1,790 sqft |
Jasper's median square footage for active listings during the 2023-02-01 period was 1,790 sqft. One year prior, the average listing was 2,087 sqft.
Jasper, IN Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Refi | 624 | $89,940,000 | $144,135 |
Home Purchase | 580 | $101,500,000 | $175,000 |
Cash Out Refi | 211 | $33,445,000 | $158,507 |
Other | 140 | $10,780,000 | $77,000 |
Home Improvement | 100 | $6,880,000 | $68,800 |
Jasper's most frequently cited loan purpose was Refi, with 624 originations. The 2nd most popular reason was Home Purchase, with 580 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
2.5-3% | 608 | $97,330,000 | $160,082 |
3-4% | 497 | $76,195,000 | $153,310 |
<2.5% | 456 | $59,670,000 | $130,855 |
4-5% | 75 | $7,525,000 | $100,333 |
5-6% | 7 | $545,000 | $77,857 |
Over 8% | 4 | $270,000 | $67,500 |
6-7% | 3 | $355,000 | $118,333 |
7-8% | 3 | $155,000 | $51,667 |
During 2021, Jasper's most frequently originated rate bucket was 2.5-3%, with 608 originations.
Loan Sizing (Jasper, IN MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 773 | $111,715,000 | $144,521 |
$100,000 or less | 542 | $32,210,000 | $59,428 |
$200k-400k | 303 | $78,115,000 | $257,805 |
$400k-600k | 30 | $14,260,000 | $475,333 |
$600k-1000k | 5 | $3,625,000 | $725,000 |
$Over $1MM | 2 | $2,620,000 | $1,310,000 |
Jasper's loan sizing saw the bucket of loans from $100k-200k with 773 originations, totaling $111,715,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 573 | $100,475,000 | $175,349 |
60-80% | 456 | $80,170,000 | $175,811 |
40-60% | 225 | $29,955,000 | $133,133 |
20-40% | 199 | $15,645,000 | $78,618 |
Under 20% | 142 | $4,800,000 | $33,803 |
Over 100% | 16 | $3,870,000 | $241,875 |
Jasper's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 573 originations, totaling $100,475,000 in origination value.