Malvern Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Malvern averaged
7.37%
for the week of 2023-11-30, compared to the national average of
7.22% for the same period.
The average rate for the prior week (2023-11-22) was
7.34% and
one month ago for the week of 2023-10-26, the
average rate was 7.94%.
Malvern's average rate one year ago was 6.63%.
For refis of the same type during the week of 2023-11-30, the average rate
was 7.62%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-11-30 | 7.22% |
Malvern 30 Year Fixed Rate | 2023-11-30 | 7.37% |
Malvern 30 Year Fixed Rate Refi | 2023-11-30 | 7.62% |
Malvern 15 Year Fixed Rate | 2023-11-30 | 6.36% |
Malvern 15 Year Fixed Rate Refi | 2023-11-30 | 7.16% |
Malvern 30 Year FHA | 2023-11-30 | 7.15% |
Malvern 30 Year FHA Refi | 2023-11-30 | 7.15% |
Malvern 30 Year USDA | 2023-11-30 | 7.2% |
Malvern 30 Year USDA Refi | 2023-11-30 | 6.8% |
Malvern 30 Year VA | 2023-11-30 | 6.67% |
Malvern 30 Year VA Refi | 2023-11-30 | 6.57% |
Malvern 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 Malvern, AR market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Malvern Average Closing Costs & Other Stats
Malvern, AR's 55 lenders originated 533
loans during 2022. The total origination value was $80,365,000, with an average loan value of
$150,779.
Malvern's average closing costs are $3,975.
The top Malvern lender as defined by loan originations is GMFS LLC, with
10 loans originated. Their average total fees are
$3,176, which is $853
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Malvern lenders (with over 10 loans originated) are
GMFS LLC ($3,176), .
The lowest rate Malvern lenders (with over 10 loans originated) are
GMFS LLC (3.65%), .
Malvern, AR 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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
GMFS LLC | $8,930,000 | $6,565,000 | -26.5% | 8.2% |
Southern Bancorp Bank | $4,460,000 | $4,190,000 | -6.1% | 5.2% |
QUICKEN LOANS, LLC | $11,090,000 | $3,850,000 | -65.3% | 4.8% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $1,325,000 | $3,235,000 | 144.2% | 4.0% |
FirstTrust Home Loans, Inc. | $3,385,000 | $3,090,000 | -8.7% | 3.8% |
SWBC MORTGAGE CORPORATION | $3,060,000 | $2,900,000 | -5.2% | 3.6% |
First Security Bank | $440,000 | $2,455,000 | 458.0% | 3.1% |
NAVY FEDERAL CREDIT UNION | $805,000 | $2,390,000 | 196.9% | 3.0% |
EVERETT FINANCIAL, INC. | $125,000 | $2,290,000 | 1,732.0% | 2.8% |
U.S. Bank | $3,685,000 | $2,240,000 | -39.2% | 2.8% |
Citizens Bank | $2,210,000 | $2,165,000 | -2.0% | 2.7% |
Farmers Bank & Trust Company | $2,285,000 | $2,110,000 | -7.7% | 2.6% |
FIRST COMMUNITY MORTGAGE, INC. | $1,155,000 | $2,110,000 | 82.7% | 2.6% |
Bank OZK | $800,000 | $1,830,000 | 128.8% | 2.3% |
LOANDEPOT.COM, LLC | $1,010,000 | $1,580,000 | 56.4% | 2.0% |
Eagle Bank and Trust Company | $1,840,000 | $1,445,000 | -21.5% | 1.8% |
Mortgage Research Center, LLC | $2,250,000 | $1,445,000 | -35.8% | 1.8% |
COMMUNITY MORTGAGE CORPORATION | $1,670,000 | $1,315,000 | -21.3% | 1.6% |
TRIAD FINANCIAL SERVICES, INC. | $965,000 | $1,220,000 | 26.4% | 1.5% |
Farm Credit Services of Western Arkansas, ACA | $1,140,000 | $1,215,000 | 6.6% | 1.5% |
Arvest Bank | $2,685,000 | $1,210,000 | -54.9% | 1.5% |
UNITED WHOLESALE MORTGAGE, LLC | $1,570,000 | $1,150,000 | -26.8% | 1.4% |
FLAT BRANCH MORTGAGE, INC. | $360,000 | $1,085,000 | 201.4% | 1.4% |
Citibank | $1,005,000 | n/a | 1.3% | |
RED RIVER EMPLOYEES | $120,000 | $965,000 | 704.2% | 1.2% |
AMERISAVE MORTGAGE CORPORATION | $365,000 | $960,000 | 163.0% | 1.2% |
Simmons Bank | $700,000 | $940,000 | 34.3% | 1.2% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $520,000 | $885,000 | 70.2% | 1.1% |
21ST MORTGAGE CORPORATION | $985,000 | $880,000 | -10.7% | 1.1% |
Wells Fargo Bank | $1,485,000 | $855,000 | -42.4% | 1.1% |
BANK OF LITTLE ROCK MORTGAGE CORPORATION | $830,000 | n/a | 1.0% | |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,290,000 | $820,000 | -36.4% | 1.0% |
Regions Bank | $1,075,000 | $750,000 | -30.2% | 0.9% |
FREEDOM MORTGAGE CORPORATION | $2,410,000 | $730,000 | -69.7% | 0.9% |
BROKER SOLUTIONS, INC. | $505,000 | $715,000 | 41.6% | 0.9% |
ARKANSAS Federal Credit Union | $1,845,000 | $680,000 | -63.1% | 0.8% |
PENNYMAC LOAN SERVICES, LLC | $1,225,000 | $670,000 | -45.3% | 0.8% |
First Horizon Bank | $200,000 | $595,000 | 197.5% | 0.7% |
Bank of England | $210,000 | $555,000 | 164.3% | 0.7% |
Relyance Bank | $545,000 | n/a | 0.7% | |
CALIBER HOME LOANS, INC. | $1,190,000 | $525,000 | -55.9% | 0.7% |
SOUTHWEST STAGE FUNDING, LLC | $935,000 | $505,000 | -46.0% | 0.6% |
Chambers Bank | $140,000 | $490,000 | 250.0% | 0.6% |
GSF Mortgage Corporation | $480,000 | n/a | 0.6% | |
TELCOE FEDERAL CREDIT UNION | $145,000 | $470,000 | 224.1% | 0.6% |
NBH Bank | $465,000 | n/a | 0.6% | |
Flanagan State Bank | $815,000 | $455,000 | -44.2% | 0.6% |
JPMorgan Chase Bank | $300,000 | $435,000 | 45.0% | 0.5% |
Centennial Bank | $550,000 | $415,000 | -24.5% | 0.5% |
MORTGAGE FINANCIAL SERVICES, LLC | $230,000 | $415,000 | 80.4% | 0.5% |
Paramount Residential Mortgage Group, Inc. | $395,000 | n/a | 0.5% | |
GUARANTEED RATE, INC. | $240,000 | $385,000 | 60.4% | 0.5% |
DEEPHAVEN MORTGAGE LLC | $355,000 | n/a | 0.4% | |
Diamond Bank | $815,000 | $345,000 | -57.7% | 0.4% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $95,000 | $340,000 | 257.9% | 0.4% |
ACADEMY MORTGAGE CORPORATION | $335,000 | n/a | 0.4% | |
Gateway First Bank | $635,000 | $320,000 | -49.6% | 0.4% |
Farmers Bank & Trust | $295,000 | n/a | 0.4% | |
Magnolia Bank | $135,000 | $280,000 | 107.4% | 0.3% |
First Guaranty Mortgage Corporation | $380,000 | $270,000 | -28.9% | 0.3% |
AMERICAN FINANCIAL RESOURCES, INC. | $255,000 | n/a | 0.3% | |
Charles Schwab Bank, SSB | $255,000 | n/a | 0.3% | |
First Community Bank | $355,000 | $255,000 | -28.2% | 0.3% |
CROSSCOUNTRY MORTGAGE, LLC | $350,000 | $250,000 | -28.6% | 0.3% |
NTFN, INC. | $245,000 | n/a | 0.3% | |
Bank of Bartlett | $235,000 | n/a | 0.3% | |
NEW DAY FINANCIAL, LLC | $580,000 | $230,000 | -60.3% | 0.3% |
NEWREZ LLC | $105,000 | $220,000 | 109.5% | 0.3% |
Truist | $215,000 | n/a | 0.3% | |
DAS Acquisition Company, LLC | $295,000 | $205,000 | -30.5% | 0.3% |
NUMARK CREDIT UNION | $205,000 | n/a | 0.3% | |
Chicago Mortgage Solutions LLC | $185,000 | n/a | 0.2% | |
Wyndham Capital Mortgage, Inc. | $185,000 | n/a | 0.2% | |
The Citizens Bank | $125,000 | $180,000 | 44.0% | 0.2% |
ENDEAVOR CAPITAL, LLC. | $95,000 | $165,000 | 73.7% | 0.2% |
Nations Lending Corporation | $95,000 | $165,000 | 73.7% | 0.2% |
LIMA ONE CAPITAL, LLC | $160,000 | n/a | 0.2% | |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $155,000 | n/a | 0.2% | |
Ameris Bank | $145,000 | n/a | 0.2% | |
First Financial Bank | $145,000 | n/a | 0.2% | |
United Fidelity Funding Corp. | $145,000 | n/a | 0.2% | |
CORNERSTONE HOME LENDING, INC. | $255,000 | $135,000 | -47.1% | 0.2% |
Firstar Bank | $130,000 | n/a | 0.2% | |
Mr. Cooper ( Nationstar Mortgage ) | $870,000 | $125,000 | -85.6% | 0.2% |
CREDIT HUMAN FEDERAL CREDIT UNION | $145,000 | $115,000 | -20.7% | 0.1% |
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $545,000 | $115,000 | -78.9% | 0.1% |
MORTGAGE INVESTORS GROUP, INC. | $870,000 | $115,000 | -86.8% | 0.1% |
AMERICAN FINANCING CORPORATION | $105,000 | n/a | 0.1% | |
TOP FLITE FINANCIAL, INC. | $205,000 | $105,000 | -48.8% | 0.1% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $95,000 | $95,000 | 0.0% | 0.1% |
Barrington Bank & Trust Company, N.A. | $75,000 | $95,000 | 26.7% | 0.1% |
ROYAL UNITED MORTGAGE LLC | $200,000 | $95,000 | -52.5% | 0.1% |
USAA Federal Savings Bank | $770,000 | $95,000 | -87.7% | 0.1% |
VILLAGE CAPITAL MORTGAGE | $405,000 | $95,000 | -76.5% | 0.1% |
SPRING EQ, LLC | $85,000 | n/a | 0.1% | |
United Community Bank | $85,000 | n/a | 0.1% | |
PNC Bank | $65,000 | n/a | 0.1% | |
Discover Bank | $105,000 | $35,000 | -66.7% | 0.0% |
ENCORE BANK | $35,000 | n/a | 0.0% |
Malvern's top lender by overall market share is GMFS LLC, with 8.2% market share. In second place, with 5.2%, is Southern Bancorp Bank, having originated $4,190,000 in loans. In third place, with 4.8%, is QUICKEN LOANS, LLC, having originated $3,850,000 in loans. In fourth place, with 4.0%, is VANDERBILT MORTGAGE AND FINANCE, INC., having originated $3,235,000 in loans. In fifth place, with 3.8%, is FirstTrust Home Loans, Inc., having originated $3,090,000 in loans.
Malvern Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Malvern (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 | $127,750 (12.6%) | $161,300 (10.3%) | 0.00 | 129 |
2018-02-01 | $128,725 (18.1%) | $167,864 (14.1%) | 0.00 | 133 |
2018-03-01 | $129,900 (23.8%) | $167,298 (15.3%) | 0.00 | 114 |
2018-04-01 | $139,250 (27.8%) | $185,157 (24.4%) | 0.00 | 116 |
2018-05-01 | $132,588 (15.6%) | $184,514 (24.7%) | 0.00 | 118 |
2018-06-01 | $132,500 (9.4%) | $181,608 (19.0%) | 0.00 | 127 |
2018-07-01 | $139,250 (7.1%) | $178,761 (15.1%) | 0.00 | 122 |
2018-08-01 | $149,350 (8.7%) | $168,239 (5.5%) | 0.00 | 118 |
2018-09-01 | $150,000 (7.7%) | $171,123 (6.8%) | 0.00 | 116 |
2018-10-01 | $144,950 (4.3%) | $167,937 (0.4%) | 0.00 | 122 |
2018-11-01 | $129,225 (-5.8%) | $149,894 (-9.0%) | 0.00 | 120 |
2018-12-01 | $129,175 (-0.6%) | $147,785 (-6.9%) | 0.00 | 109 |
2019-01-01 | $130,825 (2.4%) | $146,436 (-9.2%) | 0.00 | 104 |
2019-02-01 | $140,219 (8.9%) | $157,100 (-6.4%) | 0.00 | 95 |
2019-03-01 | $120,243 (-7.4%) | $150,091 (-10.3%) | 0.00 | 95 |
2019-04-01 | $111,243 (-20.1%) | $146,062 (-21.1%) | 0.00 | 94 |
2019-05-01 | $136,200 (2.7%) | $162,588 (-11.9%) | 0.00 | 89 |
2019-06-01 | $155,000 (17.0%) | $170,446 (-6.2%) | 0.00 | 91 |
2019-07-01 | $149,750 (7.5%) | $174,456 (-2.4%) | 0.00 | 83 |
2019-08-01 | $151,643 (1.5%) | $173,111 (2.9%) | 0.00 | 84 |
2019-09-01 | $154,108 (2.7%) | $173,266 (1.3%) | 0.00 | 87 |
2019-10-01 | $155,189 (7.1%) | $173,368 (3.2%) | 0.00 | 88 |
2019-11-01 | $159,000 (23.0%) | $186,126 (24.2%) | 0.00 | 83 |
2019-12-01 | $157,225 (21.7%) | $192,481 (30.2%) | 0.00 | 89 |
2020-01-01 | $159,600 (22.0%) | $197,826 (35.1%) | 0.00 | 92 |
2020-02-01 | $160,000 (14.1%) | $209,419 (33.3%) | 0.00 | 94 |
2020-03-01 | $192,000 (59.7%) | $220,828 (47.1%) | 0.00 | 88 |
2020-04-01 | $198,750 (78.7%) | $232,593 (59.2%) | 0.00 | 80 |
2020-05-01 | $192,450 (41.3%) | $235,962 (45.1%) | 0.00 | 71 |
2020-06-01 | $190,725 (23.1%) | $252,992 (48.4%) | 0.00 | 62 |
2020-07-01 | $193,625 (29.3%) | $250,896 (43.8%) | 0.00 | 64 |
2020-08-01 | $199,000 (31.2%) | $271,253 (56.7%) | 0.00 | 59 |
2020-09-01 | $164,725 (6.9%) | $261,606 (51.0%) | 0.00 | 59 |
2020-10-01 | $175,000 (12.8%) | $256,881 (48.2%) | 0.00 | 53 |
2020-11-01 | $159,450 (0.3%) | $242,706 (30.4%) | 0.00 | 58 |
2020-12-01 | $141,725 (-9.9%) | $245,594 (27.6%) | 0.00 | 61 |
2021-01-01 | $176,000 (10.3%) | $251,305 (27.0%) | 0.00 | 55 |
2021-02-01 | $136,750 (-14.5%) | $258,893 (23.6%) | 0.00 | 47 |
2021-03-01 | $166,375 (-13.4%) | $297,483 (34.7%) | 0.00 | 44 |
2021-04-01 | $159,175 (-19.9%) | $274,004 (17.8%) | 0.00 | 42 |
2021-05-01 | $165,000 (-14.3%) | $294,311 (24.7%) | 0.00 | 40 |
2021-06-01 | $175,920 (-7.8%) | $305,685 (20.8%) | 0.00 | 39 |
2021-07-01 | $182,450 (-5.8%) | $289,390 (15.3%) | 0.00 | 46 |
2021-08-01 | $173,650 (-12.7%) | $212,336 (-21.7%) | 0.00 | 54 |
2021-09-01 | $176,975 (7.4%) | $245,520 (-6.2%) | 0.00 | 47 |
2021-10-01 | $179,900 (2.8%) | $261,411 (1.8%) | 0.00 | 52 |
2021-11-01 | $211,238 (32.5%) | $295,354 (21.7%) | 0.00 | 46 |
2021-12-01 | $221,250 (56.1%) | $312,129 (27.1%) | 0.00 | 44 |
2022-01-01 | $225,000 (27.8%) | $309,531 (23.2%) | 0.00 | 37 |
2022-02-01 | $198,000 (44.8%) | $294,419 (13.7%) | 0.00 | 44 |
2022-03-01 | $182,000 (9.4%) | $262,719 (-11.7%) | 0.00 | 39 |
2022-04-01 | $164,950 (3.6%) | $236,685 (-13.6%) | 0.00 | 43 |
2022-05-01 | $178,333 (8.1%) | $258,521 (-12.2%) | 0.00 | 54 |
2022-06-01 | $192,750 (9.6%) | $280,696 (-8.2%) | 0.00 | 49 |
2022-07-01 | $195,000 (6.9%) | $269,394 (-6.9%) | 0.00 | 60 |
2022-08-01 | $192,500 (10.9%) | $261,704 (23.3%) | 0.00 | 64 |
2022-09-01 | $189,500 (7.1%) | $281,443 (14.6%) | 0.00 | 58 |
2022-10-01 | $189,000 (5.1%) | $299,001 (14.4%) | 0.00 | 57 |
2022-11-01 | $173,450 (-17.9%) | $255,912 (-13.4%) | 0.00 | 77 |
2022-12-01 | $169,950 (-23.2%) | $248,223 (-20.5%) | 0.00 | 69 |
2023-01-01 | $172,450 (-23.4%) | $241,589 (-22.0%) | 0.00 | 57 |
2023-02-01 | $176,000 (-11.1%) | $237,855 (-19.2%) | 0.00 | 55 |
2023-03-01 | $182,225 (0.1%) | $269,802 (2.7%) | 0.00 | 46 |
2023-04-01 | $197,000 (19.4%) | $284,930 (20.4%) | 0.00 | 44 |
2023-05-01 | $243,750 (36.7%) | $325,403 (25.9%) | 0.00 | 47 |
2023-06-01 | $236,225 (22.6%) | $336,955 (20.0%) | 0.00 | 48 |
2023-07-01 | $232,450 (19.2%) | $310,958 (15.4%) | 0.00 | 53 |
2023-08-01 | $217,000 (12.7%) | $274,322 (4.8%) | 0.00 | 56 |
2023-09-01 | $201,000 (6.1%) | $258,621 (-8.1%) | 0.00 | 58 |
2023-10-01 | $212,725 (12.6%) | $250,842 (-16.1%) | 0.00 | 57 |
2023-11-01 | $198,000 (14.2%) | $236,631 (-7.5%) | 0.00 | 61 |
Malvern's median listing price comes in at 0% of the national average.
Malvern's average listing price for 2023-11-01 was $236,631, a difference of $-19,281 (-7.5%) versus the prior year and $-14,211 versus the prior month.
For the 2023-11-01 period, Malvern had 61 MLS listings, a difference of 4 listings (7%) versus the prior month and -16 listings (-21%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Malvern (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,574 sqft |
2018-02-01 | 0 days | 1,574 sqft |
2018-03-01 | 0 days | 1,636 sqft |
2018-04-01 | 0 days | 1,692 sqft |
2018-05-01 | 0 days | 1,688 sqft |
2018-06-01 | 0 days | 1,771 sqft |
2018-07-01 | 0 days | 1,770 sqft |
2018-08-01 | 0 days | 1,746 sqft |
2018-09-01 | 0 days | 1,769 sqft |
2018-10-01 | 0 days | 1,743 sqft |
2018-11-01 | 0 days | 1,752 sqft |
2018-12-01 | 0 days | 1,681 sqft |
2019-01-01 | 0 days | 1,655 sqft |
2019-02-01 | 0 days | 1,680 sqft |
2019-03-01 | 0 days | 1,614 sqft |
2019-04-01 | 0 days | 1,598 sqft |
2019-05-01 | 0 days | 1,671 sqft |
2019-06-01 | 0 days | 1,680 sqft |
2019-07-01 | 0 days | 1,700 sqft |
2019-08-01 | 0 days | 1,664 sqft |
2019-09-01 | 0 days | 1,664 sqft |
2019-10-01 | 0 days | 1,664 sqft |
2019-11-01 | 0 days | 1,727 sqft |
2019-12-01 | 0 days | 1,699 sqft |
2020-01-01 | 0 days | 1,746 sqft |
2020-02-01 | 0 days | 1,756 sqft |
2020-03-01 | 0 days | 1,811 sqft |
2020-04-01 | 0 days | 1,811 sqft |
2020-05-01 | 0 days | 1,844 sqft |
2020-06-01 | 0 days | 1,821 sqft |
2020-07-01 | 0 days | 1,820 sqft |
2020-08-01 | 0 days | 1,916 sqft |
2020-09-01 | 0 days | 1,890 sqft |
2020-10-01 | 0 days | 2,023 sqft |
2020-11-01 | 0 days | 1,914 sqft |
2020-12-01 | 0 days | 1,792 sqft |
2021-01-01 | 0 days | 1,916 sqft |
2021-02-01 | 0 days | 1,779 sqft |
2021-03-01 | 0 days | 1,780 sqft |
2021-04-01 | 0 days | 1,630 sqft |
2021-05-01 | 0 days | 1,657 sqft |
2021-06-01 | 0 days | 1,642 sqft |
2021-07-01 | 0 days | 1,644 sqft |
2021-08-01 | 0 days | 1,549 sqft |
2021-09-01 | 0 days | 1,600 sqft |
2021-10-01 | 0 days | 1,456 sqft |
2021-11-01 | 0 days | 1,758 sqft |
2021-12-01 | 0 days | 1,792 sqft |
2022-01-01 | 0 days | 2,014 sqft |
2022-02-01 | 0 days | 1,907 sqft |
2022-03-01 | 0 days | 1,795 sqft |
2022-04-01 | 0 days | 1,545 sqft |
2022-05-01 | 0 days | 1,425 sqft |
2022-06-01 | 0 days | 1,553 sqft |
2022-07-01 | 0 days | 1,703 sqft |
2022-08-01 | 0 days | 1,742 sqft |
2022-09-01 | 0 days | 1,780 sqft |
2022-10-01 | 0 days | 1,771 sqft |
2022-11-01 | 0 days | 1,771 sqft |
2022-12-01 | 0 days | 1,778 sqft |
2023-01-01 | 0 days | 1,825 sqft |
2023-02-01 | 0 days | 1,873 sqft |
2023-03-01 | 0 days | 1,912 sqft |
2023-04-01 | 0 days | 1,949 sqft |
2023-05-01 | 0 days | 1,970 sqft |
2023-06-01 | 0 days | 2,059 sqft |
2023-07-01 | 0 days | 1,985 sqft |
2023-08-01 | 0 days | 1,708 sqft |
2023-09-01 | 0 days | 1,691 sqft |
2023-10-01 | 0 days | 1,696 sqft |
2023-11-01 | 0 days | 1,694 sqft |
Malvern's median square footage for active listings during the 2023-11-01 period was 1,694 sqft. One year prior, the average listing was 1,771 sqft.
Malvern, AR Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 357 | $58,405,000 | $163,599 |
Cash Out Refi | 69 | $11,165,000 | $161,812 |
Refi | 64 | $8,090,000 | $126,406 |
Home Improvement | 27 | $1,685,000 | $62,407 |
Other | 16 | $1,020,000 | $63,750 |
Malvern's most frequently cited loan purpose was Home Purchase, with 357 originations. The 2nd most popular reason was Cash Out Refi, with 69 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
4-5% | 137 | $22,035,000 | $160,839 |
5-6% | 131 | $20,095,000 | $153,397 |
3-4% | 87 | $14,155,000 | $162,701 |
6-7% | 76 | $11,580,000 | $152,368 |
Over 8% | 37 | $3,405,000 | $92,027 |
2.5-3% | 25 | $4,055,000 | $162,200 |
7-8% | 24 | $2,540,000 | $105,833 |
<2.5% | 6 | $1,080,000 | $180,000 |
During 2022, Malvern's most frequently originated rate bucket was 4-5%, with 137 originations.
Loan Sizing (Malvern, AR MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 213 | $30,375,000 | $142,606 |
$100,000 or less | 194 | $12,290,000 | $63,351 |
$200k-400k | 108 | $28,690,000 | $265,648 |
$400k-600k | 16 | $7,320,000 | $457,500 |
$600k-1000k | 1 | $685,000 | $685,000 |
$Over $1MM | 1 | $1,005,000 | $1,005,000 |
Malvern's loan sizing saw the bucket of loans from $100k-200k with 213 originations, totaling $30,375,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 258 | $45,260,000 | $175,426 |
60-80% | 147 | $22,275,000 | $151,531 |
40-60% | 57 | $6,685,000 | $117,281 |
20-40% | 24 | $1,370,000 | $57,083 |
Under 20% | 20 | $680,000 | $34,000 |
Over 100% | 17 | $2,675,000 | $157,353 |
Malvern's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 258 originations, totaling $45,260,000 in origination value.