Laramie Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Laramie averaged
6.15%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
5.95% and
one month ago for the week of 2024-09-05, the
average rate was 5.88%.
Laramie's average rate one year ago was 7.42%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.82%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Laramie 30 Year Fixed Rate | 2024-10-10 | 6.15% |
Laramie 30 Year Fixed Rate Refi | 2024-10-10 | 6.82% |
Laramie 15 Year Fixed Rate | 2024-10-10 | 5.31% |
Laramie 15 Year Fixed Rate Refi | 2024-10-10 | 5.91% |
Laramie 30 Year FHA | 2024-10-10 | 6.3% |
Laramie 30 Year FHA Refi | 2024-10-10 | 6.2% |
Laramie 30 Year USDA | 2024-10-10 | 5.88% |
Laramie 30 Year USDA Refi | 2024-10-10 | 5.98% |
Laramie 30 Year VA | 2024-10-10 | 5.85% |
Laramie 30 Year VA Refi | 2024-10-10 | 5.75% |
Laramie 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 Laramie, WY 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.).
Laramie Average Closing Costs & Other Stats
Laramie, WY's 43 lenders originated 583
loans during 2023. The total origination value was $144,035,000, with an average loan value of
$247,058.
Laramie's average closing costs are $5,219.
The top Laramie lender as defined by loan originations is Jonah Bank of Wyoming, with
70 loans originated. Their average total fees are
$6,015, which is $876
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Laramie lenders (with over 10 loans originated) are
ANB Bank ($1,550), Colonial Savings, F.A. ($5,870), Jonah Bank of Wyoming ($6,015), QUICKEN LOANS, LLC ($6,891) and .
The lowest rate Laramie lenders (with over 10 loans originated) are
Jonah Bank of Wyoming (6.11%), ANB Bank (6.19%), Colonial Savings, F.A. (6.25%), QUICKEN LOANS, LLC (6.68%) and .
Laramie, WY 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 |
---|---|---|---|---|
Jonah Bank of Wyoming | $47,830,000 | $30,860,000 | -35.5% | 21.4% |
QUICKEN LOANS, LLC | $22,280,000 | $16,940,000 | -24.0% | 11.8% |
First Interstate Bank | $21,185,000 | $8,985,000 | -57.6% | 6.2% |
Colonial Savings, F.A. | $13,990,000 | $7,605,000 | -45.6% | 5.3% |
Prudential Huntoon Paige Associates, LLC | $5,465,000 | n/a | 3.8% | |
ANB Bank | $10,290,000 | $5,455,000 | -47.0% | 3.8% |
First National Bank of Omaha | $11,890,000 | $4,610,000 | -61.2% | 3.2% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,590,000 | $3,045,000 | 17.6% | 2.1% |
JONES LANG LASALLE MULTIFAMILY, LLC | $2,525,000 | n/a | 1.8% | |
Pinnacle Bank - Wyoming | $4,430,000 | $2,345,000 | -47.1% | 1.6% |
MID AMERICA MORTGAGE, INC. | $1,200,000 | $2,115,000 | 76.3% | 1.5% |
U.S. Bank | $2,620,000 | $2,090,000 | -20.2% | 1.5% |
CROSSCOUNTRY MORTGAGE, LLC | $1,795,000 | $1,765,000 | -1.7% | 1.2% |
USAA Federal Savings Bank | $1,055,000 | $1,690,000 | 60.2% | 1.2% |
Mortgage Research Center, LLC | $1,855,000 | $1,430,000 | -22.9% | 1.0% |
Glacier Bank | $2,195,000 | $1,420,000 | -35.3% | 1.0% |
BROKER SOLUTIONS, INC. | $1,200,000 | $1,310,000 | 9.2% | 0.9% |
Servion, Inc. | $1,135,000 | n/a | 0.8% | |
UNITED WHOLESALE MORTGAGE, LLC | $1,010,000 | $1,050,000 | 4.0% | 0.7% |
Wallick & Volk, Inc. | $1,580,000 | $1,015,000 | -35.8% | 0.7% |
JPMorgan Chase Bank | $55,000 | $970,000 | 1,663.6% | 0.7% |
Blue Federal Credit Union | $1,435,000 | $905,000 | -36.9% | 0.6% |
Flagstar Bank, FSB | $910,000 | $825,000 | -9.3% | 0.6% |
NAVY FEDERAL CREDIT UNION | $1,410,000 | $825,000 | -41.5% | 0.6% |
BETTER MORTGAGE CORPORATION | $765,000 | n/a | 0.5% | |
Platte Valley Bank | $3,690,000 | $760,000 | -79.4% | 0.5% |
Meridian Trust Federal Credit Union | $1,225,000 | $730,000 | -40.4% | 0.5% |
CMG MORTGAGE, INC. | $1,985,000 | $675,000 | -66.0% | 0.5% |
GUILD MORTGAGE COMPANY | $635,000 | $675,000 | 6.3% | 0.5% |
Plains Commerce Bank | $195,000 | $670,000 | 243.6% | 0.5% |
LOANDEPOT.COM, LLC | $1,975,000 | $660,000 | -66.6% | 0.5% |
Wyoming Bank & Trust | $2,765,000 | $645,000 | -76.7% | 0.4% |
West Gate Bank | $2,155,000 | $610,000 | -71.7% | 0.4% |
CRESCENT MORTGAGE COMPANY | $605,000 | n/a | 0.4% | |
MOVEMENT MORTGAGE, LLC | $555,000 | n/a | 0.4% | |
GUARANTEED RATE, INC. | $290,000 | $495,000 | 70.7% | 0.3% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $275,000 | $495,000 | 80.0% | 0.3% |
Toyota Financial Savings Bank | $495,000 | n/a | 0.3% | |
AMERICAN FINANCING CORPORATION | $1,035,000 | $485,000 | -53.1% | 0.3% |
Watermark Capital, Inc. | $475,000 | n/a | 0.3% | |
WYHY | $445,000 | n/a | 0.3% | |
FREEDOM MORTGAGE CORPORATION | $395,000 | $440,000 | 11.4% | 0.3% |
Citizens Bank | $175,000 | $435,000 | 148.6% | 0.3% |
Unify Home Lending Inc. | $335,000 | $415,000 | 23.9% | 0.3% |
Mr. Cooper ( Nationstar Mortgage ) | $825,000 | $410,000 | -50.3% | 0.3% |
MEMBER FIRST MORTGAGE, LLC | $405,000 | n/a | 0.3% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $2,200,000 | $395,000 | -82.0% | 0.3% |
OPEN MORTGAGE, LLC | $385,000 | n/a | 0.3% | |
Texas Heritage National Bank | $385,000 | n/a | 0.3% | |
Points West Community Bank | $345,000 | n/a | 0.2% | |
American Mortgage & Equity Consultants, Inc. | $325,000 | n/a | 0.2% | |
FINANCE OF AMERICA REVERSE LLC | $245,000 | $310,000 | 26.5% | 0.2% |
FirsTier Bank | $305,000 | n/a | 0.2% | |
UBS Bank USA | $305,000 | n/a | 0.2% | |
Utah Power | $105,000 | $300,000 | 185.7% | 0.2% |
CANVAS CREDIT UNION | $295,000 | n/a | 0.2% | |
AMERISAVE MORTGAGE CORPORATION | $845,000 | $275,000 | -67.5% | 0.2% |
ZILLOW HOME LOANS, LLC | $265,000 | n/a | 0.2% | |
CREDIT UNION MORTGAGE ASSOCIATION, INC. | $245,000 | n/a | 0.2% | |
Sunflower Bank | $235,000 | n/a | 0.2% | |
CHURCHILL MORTGAGE CORPORATION | $295,000 | $225,000 | -23.7% | 0.2% |
NEW DAY FINANCIAL, LLC | $225,000 | $225,000 | 0.0% | 0.2% |
Figure Lending LLC | $220,000 | n/a | 0.2% | |
CALCON MUTUAL MORTGAGE LLC | $205,000 | n/a | 0.1% | |
First International Bank & Trust | $205,000 | n/a | 0.1% | |
TRIAD FINANCIAL SERVICES, INC. | $700,000 | $205,000 | -70.7% | 0.1% |
CORNERSTONE HOME LENDING, INC. | $980,000 | $200,000 | -79.6% | 0.1% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $265,000 | $195,000 | -26.4% | 0.1% |
Discover Bank | $35,000 | $190,000 | 442.9% | 0.1% |
BOKF | $155,000 | n/a | 0.1% | |
Bank of America | $1,625,000 | $145,000 | -91.1% | 0.1% |
MUTUAL OF OMAHA MORTGAGE, INC. | $125,000 | n/a | 0.1% | |
NEWREZ LLC | $470,000 | $125,000 | -73.4% | 0.1% |
Adams Bank & Trust | $185,000 | $105,000 | -43.2% | 0.1% |
Farm Credit Mid-America, ACA | $360,000 | $105,000 | -70.8% | 0.1% |
Nicolet National Bank | $95,000 | n/a | 0.1% | |
PENTAGON FEDERAL CREDIT UNION | $95,000 | n/a | 0.1% | |
Hilltop National Bank | $85,000 | n/a | 0.1% | |
First Western Federal Savings Bank | $65,000 | n/a | 0.0% | |
NuVision Federal Credit Union | $65,000 | n/a | 0.0% | |
Carrington Mortgage Services, LLC | $295,000 | $55,000 | -81.4% | 0.0% |
PENNYMAC LOAN SERVICES, LLC | $1,565,000 | $55,000 | -96.5% | 0.0% |
Home Loan Investment Bank, F.S.B. | $25,000 | n/a | 0.0% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $35,000 | $25,000 | -28.6% | 0.0% |
Laramie's top lender by overall market share is Jonah Bank of Wyoming, with 21.4% market share. In second place, with 11.8%, is QUICKEN LOANS, LLC, having originated $16,940,000 in loans. In third place, with 6.2%, is First Interstate Bank, having originated $8,985,000 in loans. In fourth place, with 5.3%, is Colonial Savings, F.A., having originated $7,605,000 in loans. In fifth place, with 3.8%, is Prudential Huntoon Paige Associates, LLC, having originated $5,465,000 in loans.
Laramie Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Laramie (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 | $252,450 (-11.5%) | $305,178 (-6.0%) | 0.00 | 113 |
2018-02-01 | $250,125 (-12.3%) | $314,370 (-4.7%) | 0.00 | 109 |
2018-03-01 | $282,900 (-0.7%) | $349,526 (7.5%) | 0.00 | 106 |
2018-04-01 | $283,425 (-4.6%) | $359,234 (8.0%) | 0.00 | 111 |
2018-05-01 | $287,450 (-11.4%) | $366,480 (5.5%) | 0.00 | 106 |
2018-06-01 | $280,000 (-5.5%) | $356,804 (7.8%) | 0.00 | 104 |
2018-07-01 | $286,700 (-4.3%) | $370,573 (11.3%) | 0.00 | 102 |
2018-08-01 | $275,975 (-0.1%) | $352,758 (10.7%) | 0.00 | 118 |
2018-09-01 | $270,000 (0.4%) | $336,980 (6.8%) | 0.00 | 134 |
2018-10-01 | $272,000 (2.7%) | $338,906 (6.4%) | 0.00 | 115 |
2018-11-01 | $264,125 (-1.8%) | $346,470 (7.0%) | 0.00 | 106 |
2018-12-01 | $258,250 (-2.4%) | $355,226 (10.6%) | 0.00 | 90 |
2019-01-01 | $252,225 (-0.1%) | $350,075 (14.7%) | 0.00 | 68 |
2019-02-01 | $290,243 (16.0%) | $381,162 (21.3%) | 0.00 | 63 |
2019-03-01 | $298,577 (5.5%) | $386,628 (10.6%) | 0.00 | 67 |
2019-04-01 | $299,900 (5.8%) | $385,860 (7.4%) | 0.00 | 79 |
2019-05-01 | $311,191 (8.3%) | $383,244 (4.6%) | 0.00 | 82 |
2019-06-01 | $315,000 (12.5%) | $379,513 (6.4%) | 0.00 | 88 |
2019-07-01 | $291,199 (1.6%) | $335,190 (-9.6%) | 0.00 | 112 |
2019-08-01 | $293,430 (6.3%) | $337,067 (-4.5%) | 0.00 | 104 |
2019-09-01 | $294,899 (9.2%) | $340,188 (1.0%) | 0.00 | 91 |
2019-10-01 | $296,043 (8.8%) | $347,282 (2.5%) | 0.00 | 80 |
2019-11-01 | $288,950 (9.4%) | $352,558 (1.8%) | 0.00 | 73 |
2019-12-01 | $282,000 (9.2%) | $349,550 (-1.6%) | 0.00 | 68 |
2020-01-01 | $286,500 (13.6%) | $355,910 (1.7%) | 0.00 | 64 |
2020-02-01 | $315,000 (8.5%) | $378,492 (-0.7%) | 0.00 | 59 |
2020-03-01 | $296,975 (-0.5%) | $407,051 (5.3%) | 0.00 | 58 |
2020-04-01 | $326,125 (8.7%) | $403,928 (4.7%) | 0.00 | 65 |
2020-05-01 | $340,000 (9.3%) | $435,587 (13.7%) | 0.00 | 70 |
2020-06-01 | $361,250 (14.7%) | $455,961 (20.1%) | 0.00 | 73 |
2020-07-01 | $376,768 (29.4%) | $469,789 (40.2%) | 0.00 | 70 |
2020-08-01 | $399,900 (36.3%) | $500,875 (48.6%) | 0.00 | 65 |
2020-09-01 | $355,475 (20.5%) | $450,997 (32.6%) | 0.00 | 64 |
2020-10-01 | $354,000 (19.6%) | $454,501 (30.9%) | 0.00 | 55 |
2020-11-01 | $372,450 (28.9%) | $489,238 (38.8%) | 0.00 | 44 |
2020-12-01 | $387,450 (37.4%) | $521,793 (49.3%) | 0.00 | 35 |
2021-01-01 | $399,900 (39.6%) | $517,996 (45.5%) | 0.00 | 26 |
2021-02-01 | $310,000 (-1.6%) | $472,092 (24.7%) | 0.00 | 30 |
2021-03-01 | $351,725 (18.4%) | $509,619 (25.2%) | 0.00 | 28 |
2021-04-01 | $373,325 (14.5%) | $520,706 (28.9%) | 0.00 | 27 |
2021-05-01 | $347,000 (2.1%) | $557,157 (27.9%) | 0.00 | 31 |
2021-06-01 | $427,500 (18.3%) | $654,708 (43.6%) | 0.00 | 33 |
2021-07-01 | $399,900 (6.1%) | $579,935 (23.5%) | 0.00 | 50 |
2021-08-01 | $424,000 (6.0%) | $589,989 (17.8%) | 0.00 | 49 |
2021-09-01 | $389,675 (9.6%) | $509,461 (13.0%) | 0.00 | 55 |
2021-10-01 | $374,750 (5.9%) | $505,583 (11.2%) | 0.00 | 45 |
2021-11-01 | $420,000 (12.8%) | $503,800 (3.0%) | 0.00 | 38 |
2021-12-01 | $420,000 (8.4%) | $515,612 (-1.2%) | 0.00 | 31 |
2022-01-01 | $369,000 (-7.7%) | $536,632 (3.6%) | 0.00 | 27 |
2022-02-01 | $480,975 (55.2%) | $1,150,031 (143.6%) | 0.00 | 22 |
2022-03-01 | $509,750 (44.9%) | $1,166,138 (128.8%) | 0.00 | 23 |
2022-04-01 | $485,000 (29.9%) | $1,093,541 (110.0%) | 0.00 | 29 |
2022-05-01 | $498,250 (43.6%) | $999,395 (79.4%) | 0.00 | 36 |
2022-06-01 | $451,950 (5.7%) | $741,940 (13.3%) | 0.00 | 37 |
2022-07-01 | $425,000 (6.3%) | $695,653 (20.0%) | 0.00 | 58 |
2022-08-01 | $444,450 (4.8%) | $640,536 (8.6%) | 0.00 | 55 |
2022-09-01 | $426,000 (9.3%) | $622,649 (22.2%) | 0.00 | 55 |
2022-10-01 | $422,500 (12.7%) | $641,921 (27.0%) | 0.00 | 63 |
2022-11-01 | $414,750 (-1.3%) | $577,161 (14.6%) | 0.00 | 62 |
2022-12-01 | $397,450 (-5.4%) | $555,025 (7.6%) | 0.00 | 57 |
2023-01-01 | $391,000 (6.0%) | $594,802 (10.8%) | 0.00 | 45 |
2023-02-01 | $395,000 (-17.9%) | $595,638 (-48.2%) | 0.00 | 52 |
2023-03-01 | $439,925 (-13.7%) | $631,604 (-45.8%) | 0.00 | 45 |
2023-04-01 | $550,000 (13.4%) | $669,421 (-38.8%) | 0.00 | 38 |
2023-05-01 | $576,250 (15.7%) | $656,245 (-34.3%) | 0.00 | 43 |
2023-06-01 | $519,250 (14.9%) | $652,707 (-12.0%) | 0.00 | 45 |
2023-07-01 | $422,500 (-0.6%) | $618,280 (-11.1%) | 0.00 | 60 |
2023-08-01 | $428,000 (-3.7%) | $599,038 (-6.5%) | 0.00 | 57 |
2023-09-01 | $399,950 (-6.1%) | $583,943 (-6.2%) | 0.00 | 53 |
2023-10-01 | $436,500 (3.3%) | $600,576 (-6.4%) | 0.00 | 55 |
2023-11-01 | $438,250 (5.7%) | $635,791 (10.2%) | 0.00 | 50 |
2023-12-01 | $442,500 (11.3%) | $658,857 (18.7%) | 0.00 | 41 |
2024-01-01 | $460,000 (17.7%) | $696,089 (17.0%) | 0.00 | 33 |
2024-02-01 | $463,000 (17.2%) | $653,077 (9.6%) | 0.00 | 33 |
2024-03-01 | $455,000 (3.4%) | $549,088 (-13.1%) | 0.00 | 40 |
2024-04-01 | $460,000 (-16.4%) | $555,157 (-17.1%) | 0.00 | 39 |
2024-05-01 | $505,750 (-12.2%) | $575,572 (-12.3%) | 0.00 | 55 |
2024-06-01 | $543,500 (4.7%) | $611,580 (-6.3%) | 0.00 | 58 |
2024-07-01 | $468,250 (10.8%) | $609,258 (-1.5%) | 0.00 | 69 |
2024-08-01 | $448,000 (4.7%) | $582,395 (-2.8%) | 0.00 | 78 |
2024-09-01 | $418,500 (4.6%) | $554,868 (-5.0%) | 0.00 | 91 |
Laramie's median listing price comes in at 0% of the national average.
Laramie's average listing price for 2024-09-01 was $554,868, a difference of $-29,075 (-5.0%) versus the prior year and $-27,527 versus the prior month.
For the 2024-09-01 period, Laramie had 91 MLS listings, a difference of 13 listings (17%) versus the prior month and 38 listings (72%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Laramie (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,975 sqft |
2018-02-01 | 0 days | 1,996 sqft |
2018-03-01 | 0 days | 2,136 sqft |
2018-04-01 | 0 days | 2,142 sqft |
2018-05-01 | 0 days | 2,253 sqft |
2018-06-01 | 0 days | 2,130 sqft |
2018-07-01 | 0 days | 2,133 sqft |
2018-08-01 | 0 days | 2,023 sqft |
2018-09-01 | 0 days | 1,986 sqft |
2018-10-01 | 0 days | 2,072 sqft |
2018-11-01 | 0 days | 2,036 sqft |
2018-12-01 | 0 days | 2,015 sqft |
2019-01-01 | 0 days | 2,121 sqft |
2019-02-01 | 0 days | 2,544 sqft |
2019-03-01 | 0 days | 2,544 sqft |
2019-04-01 | 0 days | 2,572 sqft |
2019-05-01 | 0 days | 2,565 sqft |
2019-06-01 | 0 days | 2,452 sqft |
2019-07-01 | 0 days | 2,060 sqft |
2019-08-01 | 0 days | 2,096 sqft |
2019-09-01 | 0 days | 2,117 sqft |
2019-10-01 | 0 days | 2,131 sqft |
2019-11-01 | 0 days | 2,264 sqft |
2019-12-01 | 0 days | 2,242 sqft |
2020-01-01 | 0 days | 2,220 sqft |
2020-02-01 | 0 days | 2,387 sqft |
2020-03-01 | 0 days | 2,471 sqft |
2020-04-01 | 0 days | 2,127 sqft |
2020-05-01 | 0 days | 2,478 sqft |
2020-06-01 | 0 days | 2,719 sqft |
2020-07-01 | 0 days | 2,743 sqft |
2020-08-01 | 0 days | 2,737 sqft |
2020-09-01 | 0 days | 2,378 sqft |
2020-10-01 | 0 days | 2,258 sqft |
2020-11-01 | 0 days | 2,419 sqft |
2020-12-01 | 0 days | 2,821 sqft |
2021-01-01 | 0 days | 2,555 sqft |
2021-02-01 | 0 days | 2,160 sqft |
2021-03-01 | 0 days | 2,503 sqft |
2021-04-01 | 0 days | 2,607 sqft |
2021-05-01 | 0 days | 2,420 sqft |
2021-06-01 | 0 days | 2,823 sqft |
2021-07-01 | 0 days | 2,480 sqft |
2021-08-01 | 0 days | 2,624 sqft |
2021-09-01 | 0 days | 2,642 sqft |
2021-10-01 | 0 days | 2,152 sqft |
2021-11-01 | 0 days | 1,992 sqft |
2021-12-01 | 0 days | 2,118 sqft |
2022-01-01 | 0 days | 2,678 sqft |
2022-02-01 | 0 days | 2,678 sqft |
2022-03-01 | 0 days | 2,596 sqft |
2022-04-01 | 0 days | 2,598 sqft |
2022-05-01 | 0 days | 2,673 sqft |
2022-06-01 | 0 days | 2,506 sqft |
2022-07-01 | 0 days | 2,046 sqft |
2022-08-01 | 0 days | 2,419 sqft |
2022-09-01 | 0 days | 2,353 sqft |
2022-10-01 | 0 days | 2,246 sqft |
2022-11-01 | 0 days | 2,348 sqft |
2022-12-01 | 0 days | 2,372 sqft |
2023-01-01 | 0 days | 2,369 sqft |
2023-02-01 | 0 days | 2,423 sqft |
2023-03-01 | 0 days | 2,678 sqft |
2023-04-01 | 0 days | 2,580 sqft |
2023-05-01 | 0 days | 2,465 sqft |
2023-06-01 | 0 days | 2,261 sqft |
2023-07-01 | 0 days | 2,300 sqft |
2023-08-01 | 0 days | 2,315 sqft |
2023-09-01 | 0 days | 2,351 sqft |
2023-10-01 | 0 days | 2,466 sqft |
2023-11-01 | 0 days | 2,413 sqft |
2023-12-01 | 0 days | 2,210 sqft |
2024-01-01 | 0 days | 2,354 sqft |
2024-02-01 | 0 days | 2,639 sqft |
2024-03-01 | 0 days | 2,448 sqft |
2024-04-01 | 0 days | 2,538 sqft |
2024-05-01 | 0 days | 2,524 sqft |
2024-06-01 | 0 days | 2,607 sqft |
2024-07-01 | 0 days | 2,231 sqft |
2024-08-01 | 0 days | 2,260 sqft |
2024-09-01 | 0 days | 2,183 sqft |
Laramie's median square footage for active listings during the 2024-09-01 period was 2,183 sqft. One year prior, the average listing was 2,351 sqft.
Laramie, WY Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 369 | $116,865,000 | $316,707 |
Refi | 59 | $10,015,000 | $169,746 |
Home Improvement | 58 | $4,360,000 | $75,172 |
Other | 57 | $4,915,000 | $86,228 |
Cash Out Refi | 40 | $7,880,000 | $197,000 |
Laramie's most frequently cited loan purpose was Home Purchase, with 369 originations. The 2nd most popular reason was Refi, with 59 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 202 | $59,530,000 | $294,703 |
5-6% | 125 | $44,375,000 | $355,000 |
<2.5% | 110 | $7,640,000 | $69,455 |
7-8% | 83 | $22,955,000 | $276,566 |
Over 8% | 49 | $6,265,000 | $127,857 |
4-5% | 2 | $660,000 | $330,000 |
During 2023, Laramie's most frequently originated rate bucket was 6-7%, with 202 originations.
Loan Sizing (Laramie, WY MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 268 | $77,980,000 | $290,970 |
$100,000 or less | 149 | $7,395,000 | $49,631 |
$100k-200k | 92 | $13,630,000 | $148,152 |
$400k-600k | 60 | $27,660,000 | $461,000 |
$600k-1000k | 11 | $7,755,000 | $705,000 |
$Over $1MM | 3 | $9,615,000 | $3,205,000 |
Laramie's loan sizing saw the bucket of loans from $200k-400k with 268 originations, totaling $77,980,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 184 | $60,230,000 | $327,337 |
60-80% | 156 | $49,940,000 | $320,128 |
Under 20% | 104 | $4,700,000 | $45,192 |
20-40% | 67 | $7,915,000 | $118,134 |
40-60% | 55 | $16,855,000 | $306,455 |
Over 100% | 4 | $1,730,000 | $432,500 |
Laramie's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 184 originations, totaling $60,230,000 in origination value.