LAFAYETTE Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Lafayette averaged 6.69% for the week of 2024-05-23, compared to the national average of 6.94% for the same period.

The average rate for the prior week (2024-05-16) was 7.07% and one month ago for the week of 2024-04-18, the average rate was 6.85%.

Lafayette's average rate one year ago was 6.14%.

For refis of the same type during the week of 2024-05-23, the average rate was 6.46%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-05-23 6.94%
Lafayette 30 Year Fixed Rate 2024-05-23 6.69%
Lafayette 30 Year Fixed Rate Refi 2024-05-23 6.46%
Lafayette 15 Year Fixed Rate 2024-05-23 6.58%
Lafayette 15 Year Fixed Rate Refi 2024-05-23 6.44%
Lafayette 30 Year FHA 2024-05-23 6.37%
Lafayette 30 Year FHA Refi 2024-05-23 6.95%
Lafayette 30 Year USDA 2024-05-23 6.46%
Lafayette 30 Year USDA Refi 2024-05-23 6.54%
Lafayette 30 Year VA 2024-05-23 6.53%
Lafayette 30 Year VA Refi 2024-05-23 6.67%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within LAFAYETTE, LA.

LAFAYETTE 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 LAFAYETTE, LA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 308 6.80% $7,565
DSLD MORTGAGE, LLC 182 6.20% $1,294
Assurance Financial Group, L.L.C. 129 6.82% $5,624
GMFS LLC 129 6.93% $4,722
QUICKEN LOANS, LLC 126 6.87% $7,008
First Horizon Bank 95 6.51% $4,752
PENNYMAC LOAN SERVICES, LLC 83 6.44% $7,316
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 64 6.56% $6,188
JPMorgan Chase Bank 56 6.97% $4,795
EUSTIS AND AMERICAN MORTGAGE COMPANY 52 6.93% $6,634
FIDELITY BANK 48 6.97% $5,584
DHI MORTGAGE COMPANY, LTD. 42 5.58% $3,315
Home Bank 33 6.71% $4,077
CROSSCOUNTRY MORTGAGE, LLC 31 7.38% $5,610
Hancock Whitney Bank 25 6.48% $4,567
Regions Bank 25 6.63% $5,150
MUTUAL OF OMAHA MORTGAGE, INC. 23 6.72% $8,845
STANDARD MORTGAGE CORPORATION 23 6.86% $4,966
BancorpSouth 23 6.46% $6,315
Citizens Bank 20 6.51% $4,742
ARK-LA-TEX FINANCIAL SERVICES, LLC. 19 6.96% $6,054
MERITUS Federal Credit Union 19 6.57% $3,952
NEWREZ LLC 18 7.25% $7,038
Flagstar Bank, FSB 18 7.06% $5,194
UNION HOME MORTGAGE CORP. 17 6.61% $5,465
Bank of England 15 6.30% $6,088
ADVANCIAL 15 6.53% $4,355
FIRST COMMUNITY MORTGAGE, INC. 12 7.23% $4,933
Wells Fargo Bank 11 6.33% $4,709
NAVY FEDERAL CREDIT UNION 10 6.90% $5,025
Plains Commerce Bank 9 6.74% $4,675
Mr. Cooper ( Nationstar Mortgage ) 9 6.84% $7,474
MID AMERICA MORTGAGE, INC. 9 6.78% $8,092
CARDINAL FINANCIAL 8 6.94% $6,047
Red River Bank 8 6.87% $4,542
21ST MORTGAGE CORPORATION 7 8.58% $6,664
MORTGAGE FINANCIAL SERVICES, LLC 7 6.82% $5,119
AMERICAN PACIFIC MORTGAGE CORPORATION 7 7.18% $6,678
VANDERBILT MORTGAGE AND FINANCE, INC. 7 7.92% $6,945
Victorian Finance, LLC 7 6.32% $5,054
Morgan Stanley Private Bank 7 6.00% $4,223
FREEDOM MORTGAGE CORPORATION 6 7.31% $7,238
USAA Federal Savings Bank 6 6.29% $5,334
ROYAL UNITED MORTGAGE LLC 6 7.06% $7,355
HOMESIDE FINANCIAL, LLC 6 7.00% $6,330
Nations Lending Corporation 5 6.92% $7,026
INSPIRE HOME LOANS INC. 5 6.28% $4,155
U.S. Bank 5 6.20% $2,062
TIB The Independent Bankersbank 5 7.05% $6,614
The Loan Store, Inc. 4 7.03% $5,531
CHURCHILL MORTGAGE CORPORATION 4 7.34% $6,290
DRAPER AND KRAMER MORTGAGE CORP. 4 7.03% $5,696
Jeff Davis Bancshares 4 7.31% $2,229
LOANDEPOT.COM, LLC 4 7.62% $6,781
MOVEMENT MORTGAGE, LLC 4 6.58% $4,935
PNC Bank 4 6.34% $5,243
STOCKTON MORTGAGE CORPORATION 4 7.25% $5,254
SUN WEST MORTGAGE COMPANY, INC. 3 6.50% $6,329
Equity Prime Mortgage LLC 3 7.00% $5,250
First National Bank of America 3 9.50% $13,975
The Evangeline Bank & Trust Company 3 8.25% $2,757
Ally Bank 3 6.29% $3,979
Gateway First Bank 3 6.71% $5,464
Bank of America 3 6.46% $3,395
CRESCENT MORTGAGE COMPANY 3 6.96% $4,841
PLAZA HOME MORTGAGE, INC. 3 7.79% $8,947
Summit Mortgage Corporation 3 6.83% $13,278
Mortgage Research Center, LLC 2 6.87% $3,800
Discover Bank 2 6.99% $0
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 7.06% $5,607
PHH Mortgage Corporation 2 7.63% $6,341
Carrington Mortgage Services, LLC 2 6.94% $4,827
Gulf Coast Bank and Trust Company 2 6.25% $5,355
MORTGAGE ACCESS CORP. 2 7.19% $7,031
CMG MORTGAGE, INC. 2 7.62% $5,326
Prosperity Home Mortgage, LLC 2 7.19% $5,005
THE MORTGAGE FIRM, INC. 2 7.50% $4,293
NEXERA HOLDING LLC 2 8.88% $14,788
ANECA Federal Credit Union 2 6.38% $8,816
TJC Mortgage, Inc. 2 6.94% $3,567
North American Savings Bank, F.S.B. 2 7.88% $3,374
Truist 2 6.56% $5,741
PREMIA MORTGAGE, LLC 1 7.88% $0
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.63% $8,349
BROKER SOLUTIONS, INC. 1 6.50% $10,404
BMO Harris Bank 1 6.63% $8,903
BankPlus 1 6.63% $5,059
Renasant Bank 1 8.13% $3,454
Republic Bank & Trust Company 1 6.50% $5,645
RESIDENTIAL BANCORP 1 7.63% $6,539
Sabine State Bank and Trust Company 1 6.50% $5,852
SCHLUMBERGER EMPLOYEES CREDIT UNION 1 6.25% $1,215
SOUTHPOINT FINANCIAL SERVICES, INC. 1 5.88% $2,227
b1BANK 1 7.00% $525
ZILLOW HOME LOANS, LLC 1 6.63% $5,341
SUMMIT FUNDING, INC. 1 8.13% $7,864
The Bank 1 8.50% $3,657
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 7.75% $10,189
THRIVE MORTGAGE, LLC 1 5.63% $6,063
TOGETHER CREDIT UNION 1 6.88% $3,405
Trustmark National Bank 1 7.25% $358
AMERISAVE MORTGAGE CORPORATION 1 5.88% $6,725
AmeriHome Mortgage Company, LLC 1 7.88% $4,363
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 1 7.00% $10,268
GENEVA FINANCIAL, LLC 1 5.75% $8,342
FirstTrust Home Loans, Inc. 1 7.38% $13,491
Grand Bank for Savings, FSB 1 9.50% $4,565
GUARANTEED RATE, INC. 1 6.63% $5,463
FBC MORTGAGE, LLC 1 5.75% $7,495
AMCAP MORTGAGE, LTD. 1 7.25% $3,757
JEFFERSON FINANCIAL 1 5.96% $2,835
DELMAR FINANCIAL COMPANY 1 7.63% $4,334
LAFAYETTE FEDERAL CREDIT UNION 1 5.88% $3,936
LEADERONE FINANCIAL CORPORATION 1 6.38% $9,894
LENDSURE MORTGAGE CORP. 1 8.50% $43,384
MEMBER HOME LOAN, L.L.C. 1 7.25% $5,034
Merchants Bank of Indiana 1 7.00% $3,328
DEEPHAVEN MORTGAGE LLC 1 7.75% $10,625
DAS Acquisition Company, LLC 1 7.13% $4,271
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.38% $3,964
Waterstone Mortgage Corporation 1 6.50% $4,731
COUNTRYPLACE MORTGAGE, LTD. 1 8.63% $7,723
Community Bank of Mississippi 1 6.75% $4,276
NATIONS DIRECT MORTGAGE, LLC 1 6.99% $10,540
Colonial Savings, F.A. 1 6.25% $11,638
CITYWIDE HOME LOANS, LLC 1 6.45% $4,595
Northpointe Bank 1 7.25% $5,225
NP, Inc. 1 9.50% $170
Origin Bank 1 7.50% $3,168
CHEVRON 1 7.13% $3,796
PENTAGON FEDERAL CREDIT UNION 1 7.13% $4,780
AgFirst Farm Credit Bank 1 6.75% $4,131

LAFAYETTE Average Closing Costs & Other Stats

LAFAYETTE, LA's 132 lenders originated 6,819 loans during 2023. The total origination value was $1,423,075,000, with an average loan value of $208,693.

LAFAYETTE's average closing costs are $5,179.

The top LAFAYETTE lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 308 loans originated. Their average total fees are $7,565, which is $6,272 higher than the next largest lender, DSLD MORTGAGE, LLC.

The lowest fee LAFAYETTE lenders (with over 10 loans originated) are DSLD MORTGAGE, LLC ($1,294), DHI MORTGAGE COMPANY, LTD. ($3,315), MERITUS Federal Credit Union ($3,952), Home Bank ($4,077) and ADVANCIAL ($4,355).

The lowest rate LAFAYETTE lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.58%), DSLD MORTGAGE, LLC (6.20%), Bank of England (6.30%), Wells Fargo Bank (6.33%) and PENNYMAC LOAN SERVICES, LLC (6.44%).

LAFAYETTE, LA Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
UNITED WHOLESALE MORTGAGE, LLC $167,045,000 $152,830,000 -8.5% 10.7%
DSLD MORTGAGE, LLC $45,070,000 $72,360,000 60.6% 5.1%
GMFS LLC $105,940,000 $60,955,000 -42.5% 4.3%
DHI MORTGAGE COMPANY, LTD. $70,535,000 $56,185,000 -20.3% 3.9%
QUICKEN LOANS, LLC $67,895,000 $55,850,000 -17.7% 3.9%
First Horizon Bank $77,045,000 $52,865,000 -31.4% 3.7%
Community First Bank $53,535,000 $45,770,000 -14.5% 3.2%
Assurance Financial Group, L.L.C. $62,890,000 $41,920,000 -33.3% 2.9%
PENNYMAC LOAN SERVICES, LLC $50,680,000 $39,290,000 -22.5% 2.8%
EUSTIS AND AMERICAN MORTGAGE COMPANY $57,025,000 $33,875,000 -40.6% 2.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $62,540,000 $32,175,000 -48.6% 2.3%
Home Bank $40,420,000 $26,325,000 -34.9% 1.8%
The First National Bank of Jeanerette $21,940,000 $26,165,000 19.3% 1.8%
FIDELITY BANK $32,195,000 $21,970,000 -31.8% 1.5%
Abbeville Building & Loan (A State-Chartered Savings Bank) $36,205,000 $21,220,000 -41.4% 1.5%
MID AMERICA MORTGAGE, INC. $26,160,000 $20,215,000 -22.7% 1.4%
BERKELEY POINT CAPITAL LLC $12,865,000 $18,905,000 46.9% 1.3%
Hancock Whitney Bank $32,720,000 $18,800,000 -42.5% 1.3%
WALKER & DUNLOP, LLC $5,015,000 $18,535,000 269.6% 1.3%
CROSSCOUNTRY MORTGAGE, LLC $2,025,000 $18,200,000 798.8% 1.3%
Mortgage Research Center, LLC $22,105,000 $17,620,000 -20.3% 1.2%
JPMorgan Chase Bank $28,260,000 $16,835,000 -40.4% 1.2%
BANK OF SUNSET AND TRUST CO $15,805,000 n/a 1.1%
BancorpSouth $28,090,000 $15,600,000 -44.5% 1.1%
SouthPoint Bank $14,445,000 n/a 1.0%
Bank of Abbeville & Trust Company $20,280,000 $14,160,000 -30.2% 1.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $650,000 $14,035,000 2,059.2% 1.0%
American Bank & Trust Company $640,000 $12,340,000 1,828.1% 0.9%
b1BANK $11,020,000 $12,215,000 10.8% 0.9%
Farmers-Merchants Bank & Trust Company $13,625,000 $11,620,000 -14.7% 0.8%
NEWREZ LLC $4,600,000 $11,275,000 145.1% 0.8%
Red River Bank $4,755,000 $11,225,000 136.1% 0.8%
MUTUAL OF OMAHA MORTGAGE, INC. $1,980,000 $11,025,000 456.8% 0.8%
BankPlus $1,920,000 $10,740,000 459.4% 0.8%
FREEDOM MORTGAGE CORPORATION $16,560,000 $10,725,000 -35.2% 0.8%
Rayne State Bank & Trust Company $18,290,000 $10,670,000 -41.7% 0.7%
UNION HOME MORTGAGE CORP. $15,830,000 $10,605,000 -33.0% 0.7%
The Evangeline Bank & Trust Company $20,770,000 $10,340,000 -50.2% 0.7%
Gulf Coast Bank $14,005,000 $9,865,000 -29.6% 0.7%
21ST MORTGAGE CORPORATION $9,470,000 $9,120,000 -3.7% 0.6%
The Bank $11,860,000 $9,110,000 -23.2% 0.6%
STANDARD MORTGAGE CORPORATION $24,115,000 $8,490,000 -64.8% 0.6%
Regions Bank $15,625,000 $8,425,000 -46.1% 0.6%
Rayne Building and Loan Association $12,130,000 $7,830,000 -35.4% 0.6%
The Cottonport Bank $3,645,000 $7,625,000 109.2% 0.5%
Sabine State Bank and Trust Company $2,420,000 $7,170,000 196.3% 0.5%
VANDERBILT MORTGAGE AND FINANCE, INC. $7,375,000 $7,065,000 -4.2% 0.5%
Jeff Davis Bancshares $6,600,000 $6,920,000 4.8% 0.5%
CARDINAL FINANCIAL $6,575,000 $6,875,000 4.6% 0.5%
NAVY FEDERAL CREDIT UNION $9,625,000 $6,705,000 -30.3% 0.5%
CATAHOULA LASALLE BANK $6,575,000 n/a 0.5%
Flagstar Bank, FSB $15,210,000 $6,500,000 -57.3% 0.5%
Vermilion Bank & Trust Company $6,265,000 n/a 0.4%
AMERICAN PACIFIC MORTGAGE CORPORATION $2,160,000 $6,245,000 189.1% 0.4%
Citizens Bank $29,325,000 $6,240,000 -78.7% 0.4%
FIRST COMMUNITY MORTGAGE, INC. $125,000 $6,200,000 4,860.0% 0.4%
Arbor Realty Trust, Inc. $68,545,000 $6,075,000 -91.1% 0.4%
AMERICAN FINANCIAL RESOURCES, INC. $9,065,000 $5,480,000 -39.5% 0.4%
Bank of England $21,105,000 $5,320,000 -74.8% 0.4%
PLAZA HOME MORTGAGE, INC. $14,255,000 $5,320,000 -62.7% 0.4%
Equity Prime Mortgage LLC $3,525,000 $5,220,000 48.1% 0.4%
LOANDEPOT.COM, LLC $17,735,000 $4,690,000 -73.6% 0.3%
Bank of Erath $8,115,000 $4,650,000 -42.7% 0.3%
TRIAD FINANCIAL SERVICES, INC. $5,890,000 $4,645,000 -21.1% 0.3%
INSPIRE HOME LOANS INC. $4,130,000 n/a 0.3%
Wells Fargo Bank $10,290,000 $4,105,000 -60.1% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $7,130,000 $4,095,000 -42.6% 0.3%
FIRST NATIONAL BANK OF LA $13,765,000 $4,065,000 -70.5% 0.3%
MORTGAGE FINANCIAL SERVICES, LLC $20,565,000 $4,025,000 -80.4% 0.3%
MERITUS Federal Credit Union $8,535,000 $3,995,000 -53.2% 0.3%
ADVANCIAL $4,030,000 $3,970,000 -1.5% 0.3%
Investar Bank $15,470,000 $3,680,000 -76.2% 0.3%
M C Bank & Trust Company $12,380,000 $3,650,000 -70.5% 0.3%
Morgan Stanley Private Bank $4,040,000 $3,645,000 -9.8% 0.3%
LIMA ONE CAPITAL, LLC $6,380,000 $3,470,000 -45.6% 0.2%
STOCKTON MORTGAGE CORPORATION $165,000 $3,255,000 1,872.7% 0.2%
Paramount Residential Mortgage Group, Inc. $6,675,000 $3,115,000 -53.3% 0.2%
USAA Federal Savings Bank $4,205,000 $2,950,000 -29.8% 0.2%
Plains Commerce Bank $3,115,000 $2,840,000 -8.8% 0.2%
First Guaranty Bank $4,310,000 $2,610,000 -39.4% 0.2%
U.S. Bank $1,625,000 $2,555,000 57.2% 0.2%
HOMESIDE FINANCIAL, LLC $720,000 $2,290,000 218.1% 0.2%
CSL Financial, LLC $3,690,000 $2,140,000 -42.0% 0.2%
TIB The Independent Bankersbank $5,705,000 $1,900,000 -66.7% 0.1%
Farmers State Bank & Trust Co. $1,875,000 n/a 0.1%
Summit Mortgage Corporation $1,875,000 n/a 0.1%
SOUTHWEST STAGE FUNDING, LLC $2,790,000 $1,845,000 -33.9% 0.1%
Gulf Coast Bank and Trust Company $2,350,000 $1,785,000 -24.0% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $2,865,000 $1,770,000 -38.2% 0.1%
Bank of Commerce & Trust Co $1,750,000 n/a 0.1%
Washington State Bank $13,155,000 $1,735,000 -86.8% 0.1%
BROKER SOLUTIONS, INC. $1,670,000 $1,730,000 3.6% 0.1%
Prosperity Home Mortgage, LLC $235,000 $1,715,000 629.8% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $1,530,000 $1,675,000 9.5% 0.1%
CMG MORTGAGE, INC. $4,485,000 $1,670,000 -62.8% 0.1%
The First, A National Banking Association $1,005,000 $1,645,000 63.7% 0.1%
MOVEMENT MORTGAGE, LLC $6,995,000 $1,545,000 -77.9% 0.1%
VILLAGE CAPITAL MORTGAGE $495,000 $1,515,000 206.1% 0.1%
PNC Bank $1,450,000 $1,455,000 0.3% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $1,425,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $490,000 $1,390,000 183.7% 0.1%
SILVER HILL FUNDING, LLC $330,000 $1,370,000 315.2% 0.1%
BMO Harris Bank $105,000 $1,325,000 1,161.9% 0.1%
Discover Bank $455,000 $1,315,000 189.0% 0.1%
LENDSURE MORTGAGE CORP. $215,000 $1,315,000 511.6% 0.1%
SOUTHPOINT FINANCIAL SERVICES, INC. $215,000 $1,315,000 511.6% 0.1%
PLANET HOME LENDING, LLC $1,275,000 $1,290,000 1.2% 0.1%
Nations Lending Corporation $2,675,000 $1,275,000 -52.3% 0.1%
Carrington Mortgage Services, LLC $3,355,000 $1,260,000 -62.4% 0.1%
EFCU FINANCIAL $320,000 $1,205,000 276.6% 0.1%
NEW DAY FINANCIAL, LLC $2,430,000 $1,195,000 -50.8% 0.1%
Victorian Finance, LLC $4,725,000 $1,190,000 -74.8% 0.1%
Onpath Federal Credit Union $1,140,000 n/a 0.1%
AMERISAVE MORTGAGE CORPORATION $11,745,000 $1,120,000 -90.5% 0.1%
First National Bank of America $1,105,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $1,160,000 $1,095,000 -5.6% 0.1%
The Federal Savings Bank $470,000 $1,080,000 129.8% 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $945,000 $1,060,000 12.2% 0.1%
NATIONS DIRECT MORTGAGE, LLC $960,000 n/a 0.1%
ANECA Federal Credit Union $930,000 n/a 0.1%
AMWEST FUNDING CORP. $135,000 $925,000 585.2% 0.1%
NEXERA HOLDING LLC $925,000 n/a 0.1%
Gateway First Bank $1,615,000 $900,000 -44.3% 0.1%
Pelican State Credit Union $2,670,000 $890,000 -66.7% 0.1%
MORTGAGE ACCESS CORP. $880,000 n/a 0.1%
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. $515,000 $865,000 68.0% 0.1%
Coastal Community Bank $865,000 n/a 0.1%
Bank of America $4,560,000 $855,000 -81.3% 0.1%
Ally Bank $2,460,000 $825,000 -66.5% 0.1%
COUNTRYPLACE MORTGAGE, LTD. $325,000 $800,000 146.2% 0.1%
CRESCENT MORTGAGE COMPANY $6,370,000 $785,000 -87.7% 0.1%
CrossFirst Bank $785,000 n/a 0.1%
CIS Financial Services, Inc. $305,000 $750,000 145.9% 0.1%
The Loan Store, Inc. $730,000 n/a 0.1%
CLEARPATH LENDING $225,000 $725,000 222.2% 0.1%
FirstTrust Home Loans, Inc. $725,000 n/a 0.1%
BAY EQUITY LLC $715,000 n/a 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $910,000 $710,000 -22.0% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $775,000 $670,000 -13.5% 0.0%
Trustmark National Bank $855,000 $665,000 -22.2% 0.0%
Century Mortgage Company DBA Century Lending Company $645,000 n/a 0.0%
North American Savings Bank, F.S.B. $315,000 $630,000 100.0% 0.0%
Lakeview Community Capital, LLC $815,000 $625,000 -23.3% 0.0%
United Community Bank $1,385,000 $620,000 -55.2% 0.0%
THE MORTGAGE FIRM, INC. $800,000 $615,000 -23.1% 0.0%
SPRING EQ, LLC $835,000 $610,000 -26.9% 0.0%
First American Bank and Trust $1,180,000 $600,000 -49.2% 0.0%
NTFN, INC. $745,000 $595,000 -20.1% 0.0%
NBKC BANK $1,680,000 $590,000 -64.9% 0.0%
CHEVRON $370,000 $585,000 58.1% 0.0%
AmeriHome Mortgage Company, LLC $220,000 $580,000 163.6% 0.0%
AMCAP MORTGAGE, LTD. $1,710,000 $575,000 -66.4% 0.0%
HOMELAND BANCSHARES $3,010,000 $575,000 -80.9% 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $1,145,000 $570,000 -50.2% 0.0%
RELIANCE FIRST CAPITAL, LLC $645,000 $560,000 -13.2% 0.0%
La Capitol Federal Credit Union $410,000 $530,000 29.3% 0.0%
Magnolia Bank $520,000 n/a 0.0%
Quontic Bank $520,000 n/a 0.0%
PENTAGON FEDERAL CREDIT UNION $2,420,000 $505,000 -79.1% 0.0%
LAKEVIEW LOAN SERVICING, LLC $2,235,000 $495,000 -77.9% 0.0%
Truist $235,000 $495,000 110.6% 0.0%
FINANCE OF AMERICA REVERSE LLC $260,000 $475,000 82.7% 0.0%
TOWNE MORTGAGE COMPANY $940,000 $460,000 -51.1% 0.0%
BOM Bank $455,000 n/a 0.0%
Barrington Bank & Trust Company, N.A. $405,000 $450,000 11.1% 0.0%
CITYWIDE HOME LOANS, LLC $445,000 n/a 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $975,000 $430,000 -55.9% 0.0%
SUMMIT FUNDING, INC. $785,000 $425,000 -45.9% 0.0%
TOP FLITE FINANCIAL, INC. $425,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $420,000 n/a 0.0%
CSE Federal Credit Union $115,000 $405,000 252.2% 0.0%
PREMIA MORTGAGE, LLC $1,335,000 $400,000 -70.0% 0.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,015,000 $390,000 -61.6% 0.0%
Waterstone Mortgage Corporation $385,000 n/a 0.0%
Wolfe Financial, Inc $1,230,000 $370,000 -69.9% 0.0%
Figure Lending LLC $450,000 $360,000 -20.0% 0.0%
TOGETHER CREDIT UNION $360,000 n/a 0.0%
FBC MORTGAGE, LLC $355,000 n/a 0.0%
South Lafourche Bank & Trust Company $275,000 $350,000 27.3% 0.0%
Republic State Mortgage Co. $2,140,000 $330,000 -84.6% 0.0%
South Louisiana Bank $330,000 n/a 0.0%
GUARANTEED RATE, INC. $7,690,000 $310,000 -96.0% 0.0%
SCHLUMBERGER EMPLOYEES CREDIT UNION $530,000 $305,000 -42.5% 0.0%
SOUTHWEST LOUISIANA CREDIT UNION $1,000,000 $305,000 -69.5% 0.0%
Colonial Savings, F.A. $185,000 $295,000 59.5% 0.0%
Republic Bank & Trust Company $295,000 n/a 0.0%
WYMAR FEDERAL CREDIT UNION $295,000 n/a 0.0%
PHH Mortgage Corporation $540,000 $290,000 -46.3% 0.0%
RESIDENTIAL BANCORP $250,000 $280,000 12.0% 0.0%
Arvest Bank $1,240,000 $275,000 -77.8% 0.0%
Community Bank of Mississippi $275,000 n/a 0.0%
M&T Bank $705,000 $275,000 -61.0% 0.0%
TJC Mortgage, Inc. $12,045,000 $275,000 -97.7% 0.0%
OCMBC, INC. $185,000 $270,000 45.9% 0.0%
Renasant Bank $1,135,000 $270,000 -76.2% 0.0%
AgFirst Farm Credit Bank $205,000 $265,000 29.3% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $190,000 $265,000 39.5% 0.0%
First Federal Bank of Louisiana $255,000 n/a 0.0%
LAND HOME FINANCIAL SERVICES, INC. $255,000 n/a 0.0%
LEADERONE FINANCIAL CORPORATION $1,215,000 $255,000 -79.0% 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $270,000 $240,000 -11.1% 0.0%
Bank of Zachary $630,000 $240,000 -61.9% 0.0%
Shamrock Home Loans, Inc. $235,000 n/a 0.0%
City Bank $225,000 n/a 0.0%
Commerce Home Mortgage, Inc. $225,000 n/a 0.0%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $225,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $180,000 $225,000 25.0% 0.0%
Presidential Bank, FSB $225,000 n/a 0.0%
GENEVA FINANCIAL, LLC $1,515,000 $220,000 -85.5% 0.0%
KEESLER $215,000 n/a 0.0%
T2 FINANCIAL LLC $215,000 n/a 0.0%
First Option Mortgage, LLC $275,000 $210,000 -23.6% 0.0%
LENDINGONE, LLC $165,000 $210,000 27.3% 0.0%
LONGBRIDGE FINANCIAL, LLC $75,000 $210,000 180.0% 0.0%
First Savings Bank $205,000 n/a 0.0%
LOUISIANA $205,000 n/a 0.0%
ON Q FINANCIAL, INC. $205,000 n/a 0.0%
SUPERIOR CHOICE $200,000 n/a 0.0%
DEEPHAVEN MORTGAGE LLC $185,000 $195,000 5.4% 0.0%
DELMAR FINANCIAL COMPANY $195,000 n/a 0.0%
LAFAYETTE FEDERAL CREDIT UNION $195,000 n/a 0.0%
Progressive Bank $345,000 $195,000 -43.5% 0.0%
Southern Heritage Bank $615,000 $195,000 -68.3% 0.0%
Citibank $175,000 n/a 0.0%
PriorityOne Bank $175,000 n/a 0.0%
Campus Federal Credit Union $315,000 $170,000 -46.0% 0.0%
Neighborhood Loans, Inc. $165,000 n/a 0.0%
NP, Inc. $205,000 $165,000 -19.5% 0.0%
BARKSDALE $345,000 $160,000 -53.6% 0.0%
American Airlines Federal Credit Union $155,000 n/a 0.0%
EVERETT FINANCIAL, INC. $1,080,000 $155,000 -85.6% 0.0%
FIRST MORTGAGE COMPANY, INC. $155,000 n/a 0.0%
Bethpage Federal Credit Union $145,000 n/a 0.0%
Plaquemine Bank and Trust Company $145,000 n/a 0.0%
Merchants Bank of Indiana $135,000 n/a 0.0%
American Bank & Trust Company $640,000 $125,000 -80.5% 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $135,000 $125,000 -7.4% 0.0%
Grand Bank for Savings, FSB $425,000 $125,000 -70.6% 0.0%
AMERICAN HERITAGE LENDING, INC. $115,000 n/a 0.0%
HOMEXPRESS MORTGAGE CORP. $485,000 $115,000 -76.3% 0.0%
JEFFERSON FINANCIAL $140,000 $115,000 -17.9% 0.0%
Northpointe Bank $490,000 $115,000 -76.5% 0.0%
THRIVE MORTGAGE, LLC $115,000 n/a 0.0%
ALL IN $105,000 n/a 0.0%
FINANCE OF AMERICA MORTGAGE LLC $6,475,000 $105,000 -98.4% 0.0%
MEMBER HOME LOAN, L.L.C. $105,000 n/a 0.0%
Deere Employees Credit Union $295,000 $100,000 -66.1% 0.0%
Origin Bank $500,000 $95,000 -81.0% 0.0%
EMBRACE HOME LOANS, INC. $85,000 n/a 0.0%
Feliciana Bank & Trust Company $85,000 n/a 0.0%
Bank of Yazoo City $75,000 n/a 0.0%
Goldwater Bank, N.A. $75,000 n/a 0.0%
OPEN MORTGAGE, LLC $75,000 n/a 0.0%
United States Senate Federal Credit Union $75,000 n/a 0.0%
St Landry Bank & Trust Company $610,000 $70,000 -88.5% 0.0%
DAS Acquisition Company, LLC $65,000 n/a 0.0%
Heritage Bank of St Tammany $55,000 n/a 0.0%
Signature Federal Credit Union $55,000 n/a 0.0%
Peoples Bank & Trust Company of Pointe Coupee Parish, Inc $105,000 $35,000 -66.7% 0.0%
Ameris Bank $15,000 n/a 0.0%

LAFAYETTE's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 10.7% market share. In second place, with 5.1%, is DSLD MORTGAGE, LLC, having originated $72,360,000 in loans. In third place, with 4.3%, is GMFS LLC, having originated $60,955,000 in loans. In fourth place, with 3.9%, is DHI MORTGAGE COMPANY, LTD., having originated $56,185,000 in loans. In fifth place, with 3.9%, is QUICKEN LOANS, LLC, having originated $55,850,000 in loans.


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

Realtor.com - LAFAYETTE (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 $208,225 (-0.7%) $257,866 (-2.0%) 0.77 2,119
2018-02-01 $209,900 (-0.1%) $262,204 (0.4%) 0.76 2,154
2018-03-01 $210,000 (-2.3%) $263,652 (-1.5%) 0.74 2,260
2018-04-01 $214,400 (-2.6%) $267,566 (-2.6%) 0.73 2,283
2018-05-01 $213,650 (-2.9%) $267,797 (-3.7%) 0.71 2,350
2018-06-01 $210,500 (-4.3%) $266,711 (-4.0%) 0.70 2,425
2018-07-01 $210,000 (-4.0%) $266,548 (-3.6%) 0.70 2,492
2018-08-01 $210,250 (-2.2%) $263,933 (-3.1%) 0.70 2,530
2018-09-01 $211,957 (-0.5%) $264,707 (-1.7%) 0.71 2,493
2018-10-01 $206,475 (-1.8%) $260,159 (-2.9%) 0.70 2,482
2018-11-01 $208,086 (-0.8%) $262,477 (-0.9%) 0.71 2,431
2018-12-01 $206,500 (-0.6%) $262,637 (0.7%) 0.71 2,385
2019-01-01 $209,450 (0.6%) $266,925 (3.5%) 0.72 2,265
2019-02-01 $210,550 (0.3%) $271,209 (3.4%) 0.71 2,302
2019-03-01 $212,143 (1.0%) $274,673 (4.2%) 0.69 2,306
2019-04-01 $215,000 (0.3%) $278,210 (4.0%) 0.68 2,310
2019-05-01 $217,950 (2.0%) $282,612 (5.5%) 0.68 2,251
2019-06-01 $219,500 (4.3%) $284,430 (6.6%) 0.69 2,268
2019-07-01 $219,975 (4.8%) $288,977 (8.4%) 0.69 2,253
2019-08-01 $219,691 (4.5%) $289,149 (9.6%) 0.70 2,204
2019-09-01 $219,302 (3.5%) $289,647 (9.4%) 0.70 2,141
2019-10-01 $219,000 (6.1%) $290,618 (11.7%) 0.71 2,084
2019-11-01 $214,900 (3.3%) $286,648 (9.2%) 0.70 2,044
2019-12-01 $211,000 (2.2%) $280,622 (6.9%) 0.70 1,947
2020-01-01 $210,000 (0.3%) $282,065 (5.7%) 0.70 1,852
2020-02-01 $210,000 (-0.3%) $286,456 (5.6%) 0.69 1,882
2020-03-01 $213,750 (0.8%) $298,141 (8.5%) 0.67 1,885
2020-04-01 $217,750 (1.3%) $300,192 (7.9%) 0.68 1,801
2020-05-01 $220,000 (0.9%) $307,356 (8.8%) 0.67 1,738
2020-06-01 $219,250 (-0.1%) $312,262 (9.8%) 0.65 1,618
2020-07-01 $226,250 (2.9%) $316,447 (9.5%) 0.66 1,507
2020-08-01 $234,000 (6.5%) $321,871 (11.3%) 0.67 1,449
2020-09-01 $234,863 (7.1%) $326,834 (12.8%) 0.67 1,319
2020-10-01 $229,835 (5.0%) $331,236 (14.0%) 0.66 1,245
2020-11-01 $230,750 (7.4%) $335,088 (16.9%) 0.67 1,138
2020-12-01 $227,000 (7.6%) $335,192 (19.5%) 0.68 1,094
2021-01-01 $227,520 (8.3%) $338,888 (20.2%) 0.68 996
2021-02-01 $235,000 (11.9%) $339,304 (18.5%) 0.68 930
2021-03-01 $239,950 (12.3%) $353,111 (18.4%) 0.68 853
2021-04-01 $248,905 (14.3%) $372,194 (24.0%) 0.67 778
2021-05-01 $275,000 (25.0%) $392,155 (27.6%) 0.73 730
2021-06-01 $276,250 (26.0%) $403,675 (29.3%) 0.73 726
2021-07-01 $269,250 (19.0%) $408,165 (29.0%) 0.71 770
2021-08-01 $269,500 (15.2%) $410,440 (27.5%) 0.72 789
2021-09-01 $274,200 (16.8%) $412,851 (26.3%) 0.73 790
2021-10-01 $274,900 (19.6%) $389,720 (17.7%) 0.73 791
2021-11-01 $269,000 (16.6%) $384,471 (14.7%) 0.72 788
2021-12-01 $269,000 (18.5%) $378,473 (12.9%) 0.73 755
2022-01-01 $269,000 (18.2%) $381,448 (12.6%) 0.73 694
2022-02-01 $272,290 (15.9%) $385,451 (13.6%) 0.71 654
2022-03-01 $286,000 (19.2%) $396,601 (12.3%) 0.72 631
2022-04-01 $299,950 (20.5%) $407,443 (9.5%) 0.72 618
2022-05-01 $296,200 (7.7%) $408,340 (4.1%) 0.68 656
2022-06-01 $296,800 (7.4%) $399,391 (-1.1%) 0.66 744
2022-07-01 $292,500 (8.6%) $385,615 (-5.5%) 0.66 864
2022-08-01 $287,000 (6.5%) $372,326 (-9.3%) 0.66 908
2022-09-01 $287,975 (5.0%) $374,247 (-9.4%) 0.67 949
2022-10-01 $280,000 (1.9%) $373,132 (-4.3%) 0.66 964
2022-11-01 $275,000 (2.2%) $359,756 (-6.4%) 0.66 1,009
2022-12-01 $276,250 (2.7%) $360,461 (-4.8%) 0.68 966
2023-01-01 $287,450 (6.9%) $366,587 (-3.9%) 0.71 944
2023-02-01 $276,700 (1.6%) $363,015 (-5.8%) 0.67 939
2023-03-01 $283,756 (-0.8%) $368,143 (-7.2%) 0.67 963
2023-04-01 $269,900 (-10.0%) $363,354 (-10.8%) 0.63 992
2023-05-01 $269,950 (-8.9%) $364,358 (-10.8%) 0.61 1,022
2023-06-01 $269,450 (-9.2%) $362,171 (-9.3%) 0.61 1,063
2023-07-01 $265,000 (-9.4%) $350,270 (-9.2%) 0.60 1,157
2023-08-01 $265,000 (-7.7%) $346,534 (-6.9%) 0.61 1,163
2023-09-01 $264,900 (-8.0%) $344,934 (-7.8%) 0.62 1,180
2023-10-01 $262,450 (-6.3%) $338,927 (-9.2%) 0.62 1,205
2023-11-01 $264,200 (-3.9%) $338,659 (-5.9%) 0.63 1,248
2023-12-01 $262,000 (-5.2%) $342,335 (-5.0%) 0.64 1,272
2024-01-01 $260,000 (-9.6%) $344,379 (-6.1%) 0.63 1,209
2024-02-01 $260,000 (-6.0%) $346,452 (-4.6%) 0.63 1,183
2024-03-01 $259,250 (-8.6%) $349,307 (-5.1%) 0.61 1,219
2024-04-01 $260,000 (-3.7%) $343,329 (-5.5%) 0.60 1,344
LAFAYETTE's median listing price for 2024-04-01 was $260,000, a difference of $-9,900 (-3.7%) versus the prior year and $750 versus the prior month.

LAFAYETTE's median listing price comes in at 60% of the national average.

LAFAYETTE's average listing price for 2024-04-01 was $343,329, a difference of $-20,025 (-5.5%) versus the prior year and $-5,978 versus the prior month.

For the 2024-04-01 period, LAFAYETTE had 1,344 MLS listings, a difference of 125 listings (10%) versus the prior month and 352 listings (35%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - LAFAYETTE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 100 days 1,858 sqft
2018-02-01 97 days 1,863 sqft
2018-03-01 74 days 1,863 sqft
2018-04-01 73 days 1,885 sqft
2018-05-01 70 days 1,886 sqft
2018-06-01 73 days 1,890 sqft
2018-07-01 79 days 1,884 sqft
2018-08-01 86 days 1,885 sqft
2018-09-01 88 days 1,891 sqft
2018-10-01 93 days 1,878 sqft
2018-11-01 95 days 1,880 sqft
2018-12-01 100 days 1,875 sqft
2019-01-01 108 days 1,888 sqft
2019-02-01 109 days 1,901 sqft
2019-03-01 98 days 1,906 sqft
2019-04-01 86 days 1,913 sqft
2019-05-01 83 days 1,927 sqft
2019-06-01 82 days 1,930 sqft
2019-07-01 86 days 1,945 sqft
2019-08-01 87 days 1,937 sqft
2019-09-01 86 days 1,924 sqft
2019-10-01 87 days 1,915 sqft
2019-11-01 87 days 1,906 sqft
2019-12-01 92 days 1,900 sqft
2020-01-01 94 days 1,900 sqft
2020-02-01 88 days 1,896 sqft
2020-03-01 73 days 1,919 sqft
2020-04-01 81 days 1,925 sqft
2020-05-01 88 days 1,925 sqft
2020-06-01 96 days 1,925 sqft
2020-07-01 82 days 1,968 sqft
2020-08-01 73 days 2,000 sqft
2020-09-01 73 days 1,985 sqft
2020-10-01 78 days 1,959 sqft
2020-11-01 78 days 2,000 sqft
2020-12-01 80 days 2,002 sqft
2021-01-01 79 days 2,000 sqft
2021-02-01 71 days 1,993 sqft
2021-03-01 59 days 1,998 sqft
2021-04-01 54 days 2,012 sqft
2021-05-01 51 days 2,121 sqft
2021-06-01 46 days 2,113 sqft
2021-07-01 47 days 2,060 sqft
2021-08-01 55 days 2,044 sqft
2021-09-01 60 days 2,051 sqft
2021-10-01 60 days 1,990 sqft
2021-11-01 60 days 1,967 sqft
2021-12-01 63 days 1,984 sqft
2022-01-01 71 days 1,956 sqft
2022-02-01 65 days 1,958 sqft
2022-03-01 59 days 2,073 sqft
2022-04-01 53 days 2,129 sqft
2022-05-01 52 days 2,097 sqft
2022-06-01 48 days 2,000 sqft
2022-07-01 47 days 2,000 sqft
2022-08-01 55 days 1,992 sqft
2022-09-01 61 days 2,000 sqft
2022-10-01 70 days 1,964 sqft
2022-11-01 75 days 1,955 sqft
2022-12-01 85 days 1,938 sqft
2023-01-01 91 days 1,955 sqft
2023-02-01 87 days 1,934 sqft
2023-03-01 66 days 1,948 sqft
2023-04-01 59 days 1,900 sqft
2023-05-01 61 days 1,905 sqft
2023-06-01 65 days 1,900 sqft
2023-07-01 67 days 1,883 sqft
2023-08-01 71 days 1,878 sqft
2023-09-01 71 days 1,877 sqft
2023-10-01 72 days 1,879 sqft
2023-11-01 69 days 1,860 sqft
2023-12-01 75 days 1,861 sqft
2024-01-01 86 days 1,855 sqft
2024-02-01 90 days 1,858 sqft
2024-03-01 69 days 1,851 sqft
2024-04-01 57 days 1,837 sqft
LAFAYETTE's median listing age (time on market) for 2024-04-01 was 57 days. This is -4% shorter than the same period one year ago.

LAFAYETTE's median square footage for active listings during the 2024-04-01 period was 1,837 sqft. One year prior, the average listing was 1,900 sqft.

LAFAYETTE, LA 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
70339 Lafayette, LA HUD Metro FMR Area $640 $710 $810 $1,090 $1,260
70380 Lafayette, LA HUD Metro FMR Area $680 $770 $870 $1,180 $1,450
70392 Lafayette, LA HUD Metro FMR Area $600 $800 $900 $1,180 $1,530
70501 Lafayette, LA HUD Metro FMR Area $620 $810 $920 $1,210 $1,560
70502 Lafayette, LA HUD Metro FMR Area $670 $890 $1,000 $1,310 $1,700
70503 Lafayette, LA HUD Metro FMR Area $780 $1,030 $1,160 $1,520 $1,970
70504 Lafayette, LA HUD Metro FMR Area $670 $890 $1,000 $1,310 $1,700
70505 Lafayette, LA HUD Metro FMR Area $670 $890 $1,000 $1,310 $1,700
70506 Lafayette, LA HUD Metro FMR Area $680 $900 $1,020 $1,340 $1,730
70507 Lafayette, LA HUD Metro FMR Area $630 $830 $940 $1,230 $1,600
70508 Lafayette, LA HUD Metro FMR Area $770 $1,020 $1,150 $1,510 $1,950
70509 Lafayette, LA HUD Metro FMR Area $670 $890 $1,000 $1,310 $1,700
70512 Lafayette, LA HUD Metro FMR Area $560 $740 $840 $1,100 $1,430
70517 Lafayette, LA HUD Metro FMR Area $600 $790 $890 $1,170 $1,510
70518 Lafayette, LA HUD Metro FMR Area $760 $980 $1,120 $1,470 $1,890
70519 Lafayette, LA HUD Metro FMR Area $590 $720 $850 $1,110 $1,410
70520 Lafayette, LA HUD Metro FMR Area $580 $770 $870 $1,140 $1,480
70521 Lafayette, LA HUD Metro FMR Area $550 $710 $810 $1,090 $1,320
70525 Lafayette, LA HUD Metro FMR Area $550 $710 $810 $1,090 $1,250
70529 Lafayette, LA HUD Metro FMR Area $550 $720 $820 $1,090 $1,380
70555 Lafayette, LA HUD Metro FMR Area $680 $850 $960 $1,230 $1,310
70558 Lafayette, LA HUD Metro FMR Area $750 $980 $1,100 $1,440 $1,750
70560 Lafayette, LA HUD Metro FMR Area $700 $710 $930 $1,180 $1,450
70563 Lafayette, LA HUD Metro FMR Area $810 $810 $1,070 $1,360 $1,670
70578 Lafayette, LA HUD Metro FMR Area $550 $710 $810 $1,090 $1,250
70582 Lafayette, LA HUD Metro FMR Area $560 $710 $810 $1,090 $1,250
70583 Lafayette, LA HUD Metro FMR Area $590 $760 $880 $1,150 $1,460
70592 Lafayette, LA HUD Metro FMR Area $850 $1,120 $1,270 $1,660 $2,110
70596 Lafayette, LA HUD Metro FMR Area $670 $890 $1,000 $1,310 $1,700
70598 Lafayette, LA HUD Metro FMR Area $670 $890 $1,000 $1,310 $1,700
70757 Lafayette, LA HUD Metro FMR Area $740 $760 $860 $1,150 $1,410

2022 Average & Median Rent Data Statistics
LAFAYETTE, LA average 1BR rent: $831, median: $810
LAFAYETTE, LA average 2BR rent: $951, median: $930
LAFAYETTE, LA average 3BR rent: $1,249, median: $1,210

LAFAYETTE, LA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 4,753 $1,074,635,000 $226,096
Refi 986 $193,690,000 $196,440
Cash Out Refi 511 $102,525,000 $200,636
Other 315 $31,355,000 $99,540
Home Improvement 254 $20,870,000 $82,165

Lafayette's most frequently cited loan purpose was Home Purchase, with 4,753 originations. The 2nd most popular reason was Refi, with 986 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 1,994 $449,030,000 $225,191
7-8% 1,300 $284,950,000 $219,192
5-6% 1,035 $295,015,000 $285,039
Over 8% 876 $119,460,000 $136,370
4-5% 224 $45,920,000 $205,000
2.5-3% 61 $8,425,000 $138,115
3-4% 16 $2,200,000 $137,500
<2.5% 9 $515,000 $57,222

During 2023, Lafayette's most frequently originated rate bucket was 6-7%, with 1,994 originations.

Loan Sizing (LAFAYETTE, LA MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 2,408 $634,560,000 $263,522
$100k-200k 2,262 $338,040,000 $149,443
$100,000 or less 1,689 $97,605,000 $57,789
$400k-600k 299 $141,445,000 $473,060
$600k-1000k 117 $83,835,000 $716,538
$Over $1MM 44 $127,590,000 $2,899,773

LAFAYETTE's loan sizing saw the bucket of loans from $200k-400k with 2,408 originations, totaling $634,560,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 3,281 $749,595,000 $228,465
60-80% 1,024 $266,070,000 $259,834
40-60% 398 $104,130,000 $261,633
20-40% 354 $38,250,000 $108,051
Under 20% 281 $13,725,000 $48,843
Over 100% 127 $28,485,000 $224,291

LAFAYETTE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,281 originations, totaling $749,595,000 in origination value.