London Mortgage Rates

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

30 Year Fixed Rate mortgages in London averaged 6.48% 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 6.05% and one month ago for the week of 2022-05-19, the average rate was 5.62%.

London's average rate one year ago was 3.38%.

For refis of the same type during the week of 2022-06-23, the average rate was 6.23%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
London 30 Year Fixed Rate 2022-06-23 6.48%
London 30 Year Fixed Rate Refi 2022-06-23 6.23%
London 15 Year Fixed Rate 2022-06-23 5.54%
London 15 Year Fixed Rate Refi 2022-06-23 5%
London 30 Year FHA 2022-06-23 0.41%
London 30 Year FHA Refi 2022-06-23 -0.12%
London 30 Year USDA 2022-06-23 0.33%
London 30 Year USDA Refi 2022-06-23 -0.01%
London 30 Year VA 2022-06-23 0.3%
London 30 Year VA Refi 2022-06-23 -0.14%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within London, KY.

London 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 London, KY 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
L & N Federal Credit Union 213 3.58% $2,000
QUICKEN LOANS, LLC 75 3.18% $4,369
Community Trust Bank, Inc. 73 3.10% $2,508
Forcht Bank 41 3.44% $1,696
POLARIS HOME FUNDING CORP. 40 3.13% $3,722
Commercial Bank 40 3.75% $1,662
First Option Mortgage, LLC 39 3.24% $3,571
UNITED WHOLESALE MORTGAGE, LLC 24 3.10% $3,242
Republic State Mortgage Co. 23 3.17% $3,180
PNC Bank 18 3.32% $3,310
ARK-LA-TEX FINANCIAL SERVICES, LLC. 17 3.35% $3,178
Citizens Bank 14 2.88% $2,665
Wells Fargo Bank 14 3.46% $3,244
LOANDEPOT.COM, LLC 9 3.10% $4,397
AMERISAVE MORTGAGE CORPORATION 8 2.98% $4,102
JPMorgan Chase Bank 7 3.11% $2,563
PENNYMAC LOAN SERVICES, LLC 6 3.10% $6,196
CRESCENT MORTGAGE COMPANY 6 3.00% $2,454
Farm Credit Mid-America, ACA 5 3.54% $5,744
NEWREZ LLC 5 3.65% $3,065
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 3.20% $3,057
BETTER MORTGAGE CORPORATION 4 2.94% $4,197
The Huntington National Bank 4 2.88% $4,886
Fifth Third Bank 4 3.19% $3,241
MUTUAL OF OMAHA MORTGAGE, INC. 4 3.34% $4,143
Carrington Mortgage Services, LLC 4 3.16% $3,379
FREEDOM MORTGAGE CORPORATION 4 2.97% $4,019
Bank of America 3 2.92% $4,542
Bank of England 3 2.96% $3,227
BROKER SOLUTIONS, INC. 3 3.03% $4,371
Mr. Cooper ( Nationstar Mortgage ) 3 3.71% $4,887
STOCKTON MORTGAGE CORPORATION 3 3.29% $3,084
21ST MORTGAGE CORPORATION 2 5.65% $6,379
MORTGAGE INVESTORS GROUP, INC. 2 3.06% $4,179
HOME POINT FINANCIAL CORPORATION 2 3.18% $4,597
RELIANCE FIRST CAPITAL, LLC 2 4.19% $5,795
HOMESIDE FINANCIAL, LLC 2 3.31% $6,404
Flagstar Bank, FSB 2 2.94% $3,308
COMMONWEALTH 2 2.75% $2,385
ROYAL UNITED MORTGAGE LLC 2 3.50% $6,048
TOP FLITE FINANCIAL, INC. 2 3.94% $2,984
Truist Bank 2 3.25% $2,629
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 2.81% $4,658
Central Bank & Trust Company 2 2.81% $2,073
U.S. Bank 2 3.06% $2,681
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 2.93% $2,259
ENVOY MORTGAGE, LTD 2 3.13% $3,481
CALIBER HOME LOANS, INC. 1 3.50% $2,973
Nations Lending Corporation 1 3.38% $6,210
NATIONS RELIABLE LENDING, LLC 1 4.25% $3,876
121 FINANCIAL 1 2.88% $6,164
Paramount Residential Mortgage Group, Inc. 1 3.25% $3,902
PARK COMMUNITY CREDIT UNION, INC. 1 3.25% $2,714
ARC HOME LLC 1 3.50% $970
AMERIFIRST FINANCIAL CORPORATION 1 3.50% $6,596
DUPACO COMMUNITY 1 2.88% $2,595
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 4.88% $5,007
Prosperity Home Mortgage, LLC 1 3.00% $2,965
AMERICAN MORTGAGE SERVICE COMPANY 1 3.00% $2,171
RAPID MORTGAGE COMPANY 1 3.13% $3,017
RBC Bank, (Georgia) 1 2.63% $2,030
Renasant Bank 1 2.75% $3,044
Republic Bank & Trust Company 1 3.00% $4,262
AMERICAN FINANCIAL NETWORK, INC. 1 4.25% $8,400
Sierra Pacific Mortgage Company, Inc. 1 3.63% $3,968
SOFI LENDING CORP. 1 2.75% $3,373
State Department Federal Credit Union 1 3.25% $4,245
Stock Yards Bank & Trust Company 1 3.00% $2,448
Strong Home Mortgage, LLC 1 3.38% $3,798
SWBC MORTGAGE CORPORATION 1 3.25% $169
The Federal Savings Bank 1 2.88% $7,797
The Home Loan Expert LLC 1 2.99% $3,081
AMCAP MORTGAGE, LTD. 1 2.88% $3,447
The Monticello Banking Company 1 3.38% $2,698
Union Savings Bank 1 3.00% $1,500
Ally Bank 1 3.25% $2,745
Evolve Bank & Trust 1 3.63% $3,209
AMERICAN PACIFIC MORTGAGE CORPORATION 1 4.38% $4,597
FINANCE OF AMERICA MORTGAGE LLC 1 2.99% $2,940
FirstBank 1 2.75% $2,448
DAS Acquisition Company, LLC 1 3.50% $2,671
CITIZENS EQUITY FIRST 1 3.88% $2,918
GENEVA FINANCIAL, LLC 1 3.13% $8,828
GUARANTY HOME MORTGAGE CORPORATION 1 2.88% $3,271
HAMILTON HOME LOANS, INC. 1 3.25% $3,990
HOMESTEAD FUNDING CORP. 1 2.75% $3,680
CHURCHILL MORTGAGE CORPORATION 1 3.38% $4,352
JUSTICE Federal Credit Union 1 3.50% $3,061
KS StateBank 1 3.63% $1,687
LEADERONE FINANCIAL CORPORATION 1 3.13% $2,948
Legends Bank 1 2.88% $2,984
VANDERBILT MORTGAGE AND FINANCE, INC. 1 3.00% $3,408

London, KY's 92 lenders originated 2,954 loans during 2021. The total origination value was $433,000,000, with an average loan value of $146,581.

The top London lender as defined by loan originations is L & N Federal Credit Union, with 213 loans originated. Their average total fees are $2,000, which is $2,369 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee London lenders (with over 10 loans originated) are Commercial Bank ($1,662), Forcht Bank ($1,696), L & N Federal Credit Union ($2,000), Community Trust Bank, Inc. ($2,508) and Citizens Bank ($2,665).

The lowest rate London lenders (with over 10 loans originated) are Citizens Bank (2.88%), Community Trust Bank, Inc. (3.10%), UNITED WHOLESALE MORTGAGE, LLC (3.10%), POLARIS HOME FUNDING CORP. (3.13%) and Republic State Mortgage Co. (3.17%).

London, KY 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
L & N Federal Credit Union $70,850,000 $46,620,000 -34.2% 10.8%
QUICKEN LOANS, LLC $35,405,000 $39,450,000 11.4% 9.1%
First Option Mortgage, LLC $7,150,000 $37,185,000 420.1% 8.6%
Community Trust Bank, Inc. $39,230,000 $36,280,000 -7.5% 8.4%
POLARIS HOME FUNDING CORP. $17,820,000 $26,200,000 47.0% 6.1%
Cumberland Valley National Bank & Trust Company $21,245,000 $16,650,000 -21.6% 3.8%
Forcht Bank $21,520,000 $14,865,000 -30.9% 3.4%
Republic State Mortgage Co. $14,430,000 $14,180,000 -1.7% 3.3%
Commercial Bank $10,470,000 $11,525,000 10.1% 2.7%
PNC Bank $9,920,000 $11,220,000 13.1% 2.6%
UNITED WHOLESALE MORTGAGE, LLC $6,155,000 $10,805,000 75.5% 2.5%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $16,020,000 $10,695,000 -33.2% 2.5%
VANDERBILT MORTGAGE AND FINANCE, INC. $9,015,000 $9,680,000 7.4% 2.2%
FREEDOM MORTGAGE CORPORATION $11,800,000 $9,450,000 -19.9% 2.2%
First State Bank of the Southeast, Inc. $8,000,000 $7,640,000 -4.5% 1.8%
PENNYMAC LOAN SERVICES, LLC $2,120,000 $7,385,000 248.3% 1.7%
21ST MORTGAGE CORPORATION $7,060,000 $7,055,000 -0.1% 1.6%
Mortgage Research Center, LLC $5,000,000 $5,635,000 12.7% 1.3%
AMERISAVE MORTGAGE CORPORATION $4,155,000 $4,670,000 12.4% 1.1%
TOP FLITE FINANCIAL, INC. $5,575,000 $4,050,000 -27.4% 0.9%
LOANDEPOT.COM, LLC $1,320,000 $3,890,000 194.7% 0.9%
Citizens Bank $985,000 $3,880,000 293.9% 0.9%
Wells Fargo Bank $1,435,000 $3,595,000 150.5% 0.8%
SOUTHPOINT FINANCIAL SERVICES, INC. $2,695,000 $3,270,000 21.3% 0.8%
USAA Federal Savings Bank $3,325,000 $2,840,000 -14.6% 0.7%
NEWREZ LLC $1,470,000 $2,625,000 78.6% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $4,495,000 $2,450,000 -45.5% 0.6%
HOME POINT FINANCIAL CORPORATION $1,845,000 $2,335,000 26.6% 0.5%
CRESCENT MORTGAGE COMPANY $2,560,000 $2,285,000 -10.7% 0.5%
Bank of England $8,685,000 $2,220,000 -74.4% 0.5%
The Huntington National Bank $930,000 $2,185,000 134.9% 0.5%
Carrington Mortgage Services, LLC $1,665,000 $2,125,000 27.6% 0.5%
Fifth Third Bank $1,500,000 $1,845,000 23.0% 0.4%
JPMorgan Chase Bank $865,000 $1,785,000 106.4% 0.4%
Farm Credit Mid-America, ACA $2,810,000 $1,750,000 -37.7% 0.4%
CREDIT HUMAN FEDERAL CREDIT UNION $545,000 $1,695,000 211.0% 0.4%
STOCKTON MORTGAGE CORPORATION $7,205,000 $1,630,000 -77.4% 0.4%
Truist Bank $2,960,000 $1,615,000 -45.4% 0.4%
U.S. Bank $2,870,000 $1,585,000 -44.8% 0.4%
BROKER SOLUTIONS, INC. $455,000 $1,545,000 239.6% 0.4%
CALIBER HOME LOANS, INC. $540,000 $1,495,000 176.9% 0.3%
MORTGAGE SUPPLIERS, INC. $2,440,000 $1,465,000 -40.0% 0.3%
NAVY FEDERAL CREDIT UNION $1,680,000 $1,430,000 -14.9% 0.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,665,000 $1,405,000 -15.6% 0.3%
LAKEVIEW LOAN SERVICING, LLC $1,115,000 $1,395,000 25.1% 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,325,000 $1,330,000 0.4% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $245,000 $1,300,000 430.6% 0.3%
COMMONWEALTH $1,985,000 $1,220,000 -38.5% 0.3%
CHURCHILL MORTGAGE CORPORATION $430,000 $1,190,000 176.7% 0.3%
MOVEMENT MORTGAGE, LLC $230,000 $1,175,000 410.9% 0.3%
Renasant Bank $4,230,000 $1,125,000 -73.4% 0.3%
VILLAGE CAPITAL & INVESTMENT LLC $1,015,000 $1,065,000 4.9% 0.2%
Whitaker Bank $695,000 $1,060,000 52.5% 0.2%
MORTGAGE INVESTORS GROUP, INC. $475,000 $965,000 103.2% 0.2%
BETTER MORTGAGE CORPORATION $560,000 $955,000 70.5% 0.2%
Central Bank & Trust Company $310,000 $935,000 201.6% 0.2%
FirstBank $350,000 $920,000 162.9% 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $1,520,000 $910,000 -40.1% 0.2%
AmeriHome Mortgage Company, LLC $215,000 $900,000 318.6% 0.2%
NEW DAY FINANCIAL, LLC $545,000 $875,000 60.6% 0.2%
Amalgamated Bank $785,000 n/a 0.2%
Paramount Residential Mortgage Group, Inc. $765,000 n/a 0.2%
SUN WEST MORTGAGE COMPANY, INC. $450,000 $760,000 68.9% 0.2%
HOMESIDE FINANCIAL, LLC $460,000 $720,000 56.5% 0.2%
Bank of America $545,000 $710,000 30.3% 0.2%
Nations Lending Corporation $615,000 $705,000 14.6% 0.2%
Barrington Bank & Trust Company, N.A. $655,000 $665,000 1.5% 0.2%
PARK COMMUNITY CREDIT UNION, INC. $310,000 $640,000 106.5% 0.1%
Sierra Pacific Mortgage Company, Inc. $625,000 n/a 0.1%
SOFI LENDING CORP. $400,000 $600,000 50.0% 0.1%
RELIANCE FIRST CAPITAL, LLC $590,000 n/a 0.1%
GUARANTY HOME MORTGAGE CORPORATION $315,000 $545,000 73.0% 0.1%
Flagstar Bank, FSB $1,515,000 $540,000 -64.4% 0.1%
AMERICAN MORTGAGE SERVICE COMPANY $960,000 $535,000 -44.3% 0.1%
GUARANTEED RATE AFFINITY, LLC $535,000 n/a 0.1%
DAS Acquisition Company, LLC $85,000 $520,000 511.8% 0.1%
AMERIFIRST FINANCIAL CORPORATION $660,000 $505,000 -23.5% 0.1%
GENEVA FINANCIAL, LLC $125,000 $500,000 300.0% 0.1%
The Federal Savings Bank $360,000 $480,000 33.3% 0.1%
Home Federal Bank Corporation $640,000 $465,000 -27.3% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $320,000 $460,000 43.8% 0.1%
The Monticello Banking Company $630,000 $445,000 -29.4% 0.1%
First Volunteer Bank $445,000 $440,000 -1.1% 0.1%
SWBC MORTGAGE CORPORATION $440,000 n/a 0.1%
The Citizens National Bank of Somerset $1,175,000 $425,000 -63.8% 0.1%
LENDUS, LLC $405,000 n/a 0.1%
UIF CORPORATION $405,000 n/a 0.1%
Ally Bank $105,000 $400,000 281.0% 0.1%
BAY EQUITY LLC $400,000 n/a 0.1%
Peoples Bank $115,000 $400,000 247.8% 0.1%
Hometown Lenders, Inc. $680,000 $370,000 -45.6% 0.1%
PLAZA HOME MORTGAGE, INC. $220,000 $365,000 65.9% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $345,000 n/a 0.1%
HAMILTON HOME LOANS, INC. $340,000 n/a 0.1%
SOUTHWEST STAGE FUNDING, LLC $535,000 $330,000 -38.3% 0.1%
ENVOY MORTGAGE, LTD $1,255,000 $325,000 -74.1% 0.1%
ROYAL UNITED MORTGAGE LLC $1,025,000 $325,000 -68.3% 0.1%
Lakeview Community Capital, LLC $315,000 n/a 0.1%
BAYSHORE MORTGAGE FUNDING, LLC $305,000 n/a 0.1%
First Financial Bank $305,000 n/a 0.1%
First Southern National Bank $305,000 n/a 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $300,000 n/a 0.1%
HOMESTEAD FUNDING CORP. $295,000 n/a 0.1%
UNIVERSITY OF KENTUCKY $850,000 $295,000 -65.3% 0.1%
Strong Home Mortgage, LLC $285,000 n/a 0.1%
The First National Bank of Oneida $285,000 n/a 0.1%
Traditional Bank, Inc. $275,000 n/a 0.1%
JAMES B. NUTTER & COMPANY $185,000 $265,000 43.2% 0.1%
NP, Inc. $265,000 n/a 0.1%
Colten Mortgage, LLC $260,000 n/a 0.1%
Armed Forces Bank $255,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $95,000 $255,000 168.4% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $1,095,000 $250,000 -77.2% 0.1%
121 FINANCIAL $245,000 n/a 0.1%
Prosperity Home Mortgage, LLC $245,000 n/a 0.1%
Union Savings Bank $245,000 $245,000 0.0% 0.1%
First Guaranty Mortgage Corporation $415,000 $240,000 -42.2% 0.1%
CITIZENS EQUITY FIRST $25,000 $235,000 840.0% 0.1%
Republic Bank & Trust Company $190,000 $225,000 18.4% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $215,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $325,000 $205,000 -36.9% 0.0%
CMG MORTGAGE, INC. $125,000 $205,000 64.0% 0.0%
State Department Federal Credit Union $205,000 n/a 0.0%
The Home Loan Expert LLC $205,000 n/a 0.0%
AMCAP MORTGAGE, LTD. $145,000 $195,000 34.5% 0.0%
CSL Financial, LLC $510,000 $195,000 -61.8% 0.0%
First Citizens National Bank $195,000 n/a 0.0%
DUPACO COMMUNITY $185,000 n/a 0.0%
Legends Bank $185,000 n/a 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $175,000 $185,000 5.7% 0.0%
Colonial Savings, F.A. $205,000 $175,000 -14.6% 0.0%
Evolve Bank & Trust $175,000 n/a 0.0%
First Federal Bank $185,000 $175,000 -5.4% 0.0%
Discover Bank $170,000 n/a 0.0%
SOUTH CENTRAL BANK, INC. $170,000 n/a 0.0%
EVERETT FINANCIAL, INC. $195,000 $165,000 -15.4% 0.0%
NATIONS RELIABLE LENDING, LLC $165,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $370,000 $165,000 -55.4% 0.0%
LEADERONE FINANCIAL CORPORATION $155,000 n/a 0.0%
Low VA Rates, LLC $155,000 n/a 0.0%
PHH Mortgage Corporation $95,000 $155,000 63.2% 0.0%
Citibank $150,000 n/a 0.0%
A Mortgage Boutique, LLC $175,000 $135,000 -22.9% 0.0%
ARC HOME LLC $135,000 n/a 0.0%
Wilson & Muir Bank & Trust Company $135,000 n/a 0.0%
Manufacturers and Traders Trust Company $125,000 n/a 0.0%
PLANET HOME LENDING, LLC $340,000 $125,000 -63.2% 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $235,000 $125,000 -46.8% 0.0%
RBC Bank, (Georgia) $125,000 n/a 0.0%
UNION HOME MORTGAGE CORP. $125,000 n/a 0.0%
Guardian Savings Bank, A Federal Savings Bank $645,000 $115,000 -82.2% 0.0%
JUSTICE Federal Credit Union $115,000 n/a 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $300,000 $115,000 -61.7% 0.0%
CROSSCOUNTRY MORTGAGE, LLC $300,000 $105,000 -65.0% 0.0%
FEDEX EMPLOYEES CREDIT ASSOCIATION $105,000 n/a 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $105,000 n/a 0.0%
HOMESTAR FINANCIAL CORPORATION $105,000 n/a 0.0%
Appalachian Community Federal Credit Union $95,000 n/a 0.0%
RAPID MORTGAGE COMPANY $95,000 n/a 0.0%
Western Ohio Mortgage Corporation $115,000 $85,000 -26.1% 0.0%
Arvest Bank $155,000 $75,000 -51.6% 0.0%
TRIAD FINANCIAL SERVICES, INC. $45,000 $75,000 66.7% 0.0%
KS StateBank $65,000 n/a 0.0%
Regions Bank $65,000 n/a 0.0%
Stock Yards Bank & Trust Company $55,000 $65,000 18.2% 0.0%
AMERICAN FINANCING CORPORATION $55,000 n/a 0.0%
Centier Bank $150,000 $45,000 -70.0% 0.0%
Reliant Bank $795,000 $35,000 -95.6% 0.0%
SPRING EQ, LLC $105,000 $35,000 -66.7% 0.0%

London's top lender by overall market share is L & N Federal Credit Union, with 10.8% market share. In second place, with 9.1%, is QUICKEN LOANS, LLC, having originated $39,450,000 in loans. In third place, with 8.6%, is First Option Mortgage, LLC, having originated $37,185,000 in loans. In third place, with 8.4%, is Community Trust Bank, Inc., having originated $36,280,000 in loans. In third place, with 6.1%, is POLARIS HOME FUNDING CORP., having originated $26,200,000 in loans.


London, KY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,469 $232,835,000 $158,499
Refi 933 $131,035,000 $140,445
Cash Out Refi 390 $57,380,000 $147,128
Home Improvement 91 $5,385,000 $59,176
Other 71 $6,365,000 $89,648

London's most frequently cited loan purpose was Home Purchase, with 1,469 originations. The 2nd most popular reason was Refi, with 933 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 1,164 $177,920,000 $152,852
2.5-3% 811 $132,075,000 $162,855
<2.5% 292 $50,370,000 $172,500
4-5% 268 $24,800,000 $92,537
Over 8% 98 $7,190,000 $73,367
6-7% 73 $6,985,000 $95,685
5-6% 52 $3,590,000 $69,038
7-8% 50 $4,350,000 $87,000

During 2021, London's most frequently originated rate bucket was 3-4%, with 1,164 originations.

Loan Sizing (London, KY MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,421 $204,705,000 $144,057
$100,000 or less 938 $60,280,000 $64,264
$200k-400k 543 $140,705,000 $259,125
$400k-600k 44 $21,510,000 $488,864
$600k-1000k 8 $5,800,000 $725,000

London's loan sizing saw the bucket of loans from $100k-200k with 1,421 originations, totaling $204,705,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,343 $221,515,000 $164,940
60-80% 762 $114,970,000 $150,879
40-60% 279 $32,505,000 $116,505
20-40% 183 $13,095,000 $71,557
Under 20% 104 $3,030,000 $29,135
Over 100% 52 $8,980,000 $172,692

London's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,343 originations, totaling $221,515,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - London (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 $150,000 (5.5%) $197,946 (4.2%) 0.00 351
2018-02-01 $149,950 (7.2%) $202,680 (6.1%) 0.00 347
2018-03-01 $159,000 (10.1%) $205,680 (5.5%) 0.00 340
2018-04-01 $159,900 (7.0%) $207,569 (1.7%) 0.00 339
2018-05-01 $164,900 (8.2%) $212,674 (3.8%) 0.00 352
2018-06-01 $160,000 (3.2%) $213,521 (-1.4%) 0.00 366
2018-07-01 $166,700 (7.6%) $213,993 (0.9%) 0.00 374
2018-08-01 $168,750 (9.2%) $213,270 (2.7%) 0.00 365
2018-09-01 $165,000 (8.2%) $205,090 (-1.7%) 0.00 365
2018-10-01 $162,400 (4.8%) $202,380 (-1.5%) 0.00 370
2018-11-01 $161,200 (5.7%) $196,362 (-3.7%) 0.00 362
2018-12-01 $159,900 (4.9%) $192,474 (-4.2%) 0.00 328
2019-01-01 $162,500 (8.3%) $193,969 (-2.0%) 0.00 305
2019-02-01 $166,500 (11.0%) $196,225 (-3.2%) 0.00 310
2019-03-01 $168,814 (6.2%) $200,949 (-2.3%) 0.00 303
2019-04-01 $172,200 (7.7%) $204,616 (-1.4%) 0.00 296
2019-05-01 $174,450 (5.8%) $206,994 (-2.7%) 0.00 299
2019-06-01 $174,900 (9.3%) $209,313 (-2.0%) 0.00 315
2019-07-01 $171,400 (2.8%) $207,092 (-3.2%) 0.00 331
2019-08-01 $172,429 (2.2%) $204,117 (-4.3%) 0.00 324
2019-09-01 $172,429 (4.5%) $202,059 (-1.5%) 0.00 323
2019-10-01 $174,950 (7.7%) $202,607 (0.1%) 0.00 320
2019-11-01 $174,900 (8.5%) $206,417 (5.1%) 0.00 308
2019-12-01 $175,000 (9.4%) $206,724 (7.4%) 0.00 294
2020-01-01 $169,900 (4.6%) $206,781 (6.6%) 0.00 267
2020-02-01 $169,900 (2.0%) $214,242 (9.2%) 0.00 243
2020-03-01 $172,450 (2.2%) $216,844 (7.9%) 0.00 212
2020-04-01 $175,000 (1.6%) $218,566 (6.8%) 0.00 197
2020-05-01 $199,900 (14.6%) $233,239 (12.7%) 0.00 176
2020-06-01 $199,900 (14.3%) $233,772 (11.7%) 0.00 169
2020-07-01 $213,950 (24.8%) $245,201 (18.4%) 0.00 160
2020-08-01 $219,900 (27.5%) $249,311 (22.1%) 0.00 160
2020-09-01 $217,250 (26.0%) $248,249 (22.9%) 0.00 159
2020-10-01 $189,900 (8.6%) $230,423 (13.7%) 0.00 154
2020-11-01 $196,450 (12.3%) $228,865 (10.9%) 0.00 139
2020-12-01 $199,450 (14.0%) $233,737 (13.1%) 0.00 125
2021-01-01 $184,400 (8.5%) $222,836 (7.8%) 0.00 114
2021-02-01 $186,450 (9.7%) $224,778 (4.9%) 0.00 91
2021-03-01 $188,750 (9.5%) $227,053 (4.7%) 0.00 92
2021-04-01 $192,450 (10.0%) $250,634 (14.7%) 0.00 81
2021-05-01 $220,000 (10.1%) $260,479 (11.7%) 0.00 89
2021-06-01 $219,000 (9.6%) $264,360 (13.1%) 0.00 119
2021-07-01 $219,898 (2.8%) $269,467 (9.9%) 0.00 130
2021-08-01 $222,450 (1.2%) $271,841 (9.0%) 0.00 149
2021-09-01 $229,900 (5.8%) $276,271 (11.3%) 0.00 153
2021-10-01 $235,000 (23.8%) $292,348 (26.9%) 0.00 147
2021-11-01 $247,000 (25.7%) $303,789 (32.7%) 0.00 141
2021-12-01 $231,750 (16.2%) $287,389 (23.0%) 0.00 125
2022-01-01 $225,000 (22.0%) $280,262 (25.8%) 0.00 107
2022-02-01 $222,500 (19.3%) $270,008 (20.1%) 0.00 100
2022-03-01 $230,000 (21.9%) $264,638 (16.6%) 0.00 87
2022-04-01 $236,900 (23.1%) $283,069 (12.9%) 0.00 112
2022-05-01 $254,450 (15.7%) $302,650 (16.2%) 0.00 168
London's median listing price for 2022-05-01 was $254,450, a difference of $34,450 (15.7%) versus the prior year and $17,550 versus the prior month.

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

London's average listing price for 2022-05-01 was $302,650, a difference of $42,171 (16.2%) versus the prior year and $19,581 versus the prior month.

For the 2022-05-01 period, London had 168 MLS listings, a difference of 56 listings (50%) versus the prior month and 79 listings (89%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - London (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,800 sqft
2018-02-01 0 days 1,770 sqft
2018-03-01 0 days 1,824 sqft
2018-04-01 0 days 1,839 sqft
2018-05-01 0 days 1,825 sqft
2018-06-01 0 days 1,850 sqft
2018-07-01 0 days 1,963 sqft
2018-08-01 0 days 2,000 sqft
2018-09-01 0 days 1,992 sqft
2018-10-01 0 days 1,946 sqft
2018-11-01 0 days 1,871 sqft
2018-12-01 0 days 1,848 sqft
2019-01-01 0 days 1,847 sqft
2019-02-01 0 days 1,854 sqft
2019-03-01 0 days 1,850 sqft
2019-04-01 0 days 1,907 sqft
2019-05-01 0 days 1,925 sqft
2019-06-01 0 days 1,928 sqft
2019-07-01 0 days 1,875 sqft
2019-08-01 0 days 1,891 sqft
2019-09-01 0 days 1,874 sqft
2019-10-01 0 days 1,900 sqft
2019-11-01 0 days 1,882 sqft
2019-12-01 0 days 1,925 sqft
2020-01-01 0 days 1,879 sqft
2020-02-01 0 days 1,800 sqft
2020-03-01 0 days 1,860 sqft
2020-04-01 0 days 1,815 sqft
2020-05-01 0 days 1,900 sqft
2020-06-01 0 days 2,076 sqft
2020-07-01 0 days 2,150 sqft
2020-08-01 0 days 2,165 sqft
2020-09-01 0 days 2,131 sqft
2020-10-01 0 days 1,914 sqft
2020-11-01 0 days 1,948 sqft
2020-12-01 0 days 1,884 sqft
2021-01-01 0 days 1,900 sqft
2021-02-01 0 days 1,859 sqft
2021-03-01 0 days 1,808 sqft
2021-04-01 0 days 1,842 sqft
2021-05-01 0 days 1,934 sqft
2021-06-01 0 days 1,932 sqft
2021-07-01 0 days 1,950 sqft
2021-08-01 0 days 2,005 sqft
2021-09-01 0 days 1,961 sqft
2021-10-01 0 days 2,000 sqft
2021-11-01 0 days 2,017 sqft
2021-12-01 0 days 1,810 sqft
2022-01-01 0 days 1,750 sqft
2022-02-01 0 days 1,687 sqft
2022-03-01 0 days 1,705 sqft
2022-04-01 0 days 1,728 sqft
2022-05-01 0 days 1,800 sqft
London's median listing age (time on market) for 2022-05-01 was 0 days.

London's median square footage for active listings during the 2022-05-01 period was 1,800 sqft. One year prior, the average listing was 1,934 sqft.