McAlester Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Mcalester averaged 7.08% for the week of 2024-05-16, compared to the national average of 7.02% for the same period.

The average rate for the prior week (2024-05-09) was 7.25% and one month ago for the week of 2024-04-11, the average rate was 7.04%.

Mcalester's average rate one year ago was 6.41%.

For refis of the same type during the week of 2024-05-16, the average rate was 7.12%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-05-16 7.02%
Mcalester 30 Year Fixed Rate 2024-05-16 7.08%
Mcalester 30 Year Fixed Rate Refi 2024-05-16 7.12%
Mcalester 15 Year Fixed Rate 2024-05-16 6.08%
Mcalester 15 Year Fixed Rate Refi 2024-05-16 6.88%
Mcalester 30 Year FHA 2024-05-16 7%
Mcalester 30 Year FHA Refi 2024-05-16 6.74%
Mcalester 30 Year USDA 2024-05-16 6.75%
Mcalester 30 Year USDA Refi 2024-05-16 6.75%
Mcalester 30 Year VA 2024-05-16 6.3%
Mcalester 30 Year VA Refi 2024-05-16 6.4%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within McAlester, OK.

McAlester 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 McAlester, OK 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
Arvest Bank 17 6.92% $5,654
QUICKEN LOANS, LLC 14 6.38% $7,663
GUILD MORTGAGE COMPANY 8 6.81% $6,520
First United Bank and Trust Company 8 7.03% $5,516
BancFirst 6 6.69% $4,994
OPEN MORTGAGE, LLC 5 6.90% $3,747
Gateway First Bank 4 6.88% $5,658
CORNERSTONE HOME LENDING, INC. 3 7.08% $7,420
U.S. Bank 3 6.50% $4,435
USAA Federal Savings Bank 3 7.00% $7,275
FLAT BRANCH MORTGAGE, INC. 3 6.92% $3,506
NEWREZ LLC 3 6.79% $3,723
UNITED WHOLESALE MORTGAGE, LLC 3 6.71% $6,183
Great Plains National Bank 3 7.10% $5,837
21ST MORTGAGE CORPORATION 2 7.53% $6,305
BROKER SOLUTIONS, INC. 2 7.31% $10,505
First Federal Bank 2 6.69% $5,254
Stride Bank 2 7.19% $3,677
American Bank of Oklahoma 2 6.88% $5,360
JPMorgan Chase Bank 2 7.50% $4,572
BOKF 2 6.50% $4,056
Mortgage Investment Services Corporation 2 6.31% $2,607
PNC Bank 1 6.25% $7,615
RCB Bank 1 5.51% $408
Regent Financial Group, Inc. 1 6.13% $4,807
Service Federal Credit Union 1 6.75% $8,243
SWBC MORTGAGE CORPORATION 1 7.50% $6,044
Tinker Federal Credit Union 1 6.50% $5,628
TTCU Federal Credit Union 1 6.63% $5,605
UNION HOME MORTGAGE CORP. 1 7.38% $4,250
Vision Bank 1 6.77% $4,178
Wells Fargo Bank 1 7.00% $10,194
WEOKIE 1 5.88% $4,681
AMERICAN FINANCING CORPORATION 1 6.88% $5,437
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.63% $7,358
BETTER MORTGAGE CORPORATION 1 6.63% $4,770
CHURCHILL MORTGAGE CORPORATION 1 6.75% $6,974
Citizens Bank 1 7.88% $4,507
Colonial Savings, F.A. 1 7.00% $8,897
COMMUNICATION 1 5.88% $3,059
COMMUNITY MORTGAGE FUNDING, LLC 1 6.00% $5,697
CROSSCOUNTRY MORTGAGE, LLC 1 6.63% $5,463
DAS Acquisition Company, LLC 1 5.88% $7,065
Discover Bank 1 6.74% $0
Equity Bank 1 7.13% $5,473
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.38% $5,404
First National Bank of Omaha 1 7.75% $4,122
First State Bank of St. Charles, Missouri 1 8.00% $5,397
FirstTrust Home Loans, Inc. 1 5.88% $3,262
F & M Bank 1 6.63% $5,244
Mabrey Bank 1 7.13% $3,433
MOVEMENT MORTGAGE, LLC 1 8.13% $17,864
NBKC BANK 1 7.00% $3,268
PENNYMAC LOAN SERVICES, LLC 1 6.00% $7,047

McAlester Average Closing Costs & Other Stats

McAlester, OK's 54 lenders originated 606 loans during 2023. The total origination value was $105,080,000, with an average loan value of $173,399.

McAlester's average closing costs are $4,924.

The top McAlester lender as defined by loan originations is Arvest Bank, with 17 loans originated. Their average total fees are $5,654, which is $2,010 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee McAlester lenders (with over 10 loans originated) are Arvest Bank ($5,654), QUICKEN LOANS, LLC ($7,663), .

The lowest rate McAlester lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.38%), Arvest Bank (6.92%), .

McAlester, OK 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
Arvest Bank $15,200,000 $9,775,000 -35.7% 9.3%
BancFirst $13,280,000 $8,940,000 -32.7% 8.5%
First United Bank and Trust Company $5,420,000 $6,715,000 23.9% 6.4%
QUICKEN LOANS, LLC $7,825,000 $5,750,000 -26.5% 5.5%
Great Plains National Bank $2,295,000 $5,085,000 121.6% 4.8%
GUILD MORTGAGE COMPANY $1,375,000 $4,695,000 241.5% 4.5%
OPEN MORTGAGE, LLC $4,810,000 $3,585,000 -25.5% 3.4%
Mortgage Research Center, LLC $6,850,000 $3,450,000 -49.6% 3.3%
21ST MORTGAGE CORPORATION $1,030,000 $2,375,000 130.6% 2.3%
UNITED WHOLESALE MORTGAGE, LLC $2,635,000 $2,195,000 -16.7% 2.1%
USAA Federal Savings Bank $790,000 $2,190,000 177.2% 2.1%
FLAT BRANCH MORTGAGE, INC. $2,290,000 $2,185,000 -4.6% 2.1%
CrossFirst Bank $930,000 $2,015,000 116.7% 1.9%
NEWREZ LLC $595,000 $1,885,000 216.8% 1.8%
RCB Bank $1,350,000 n/a 1.3%
MidFirst Bank $5,435,000 $1,235,000 -77.3% 1.2%
Gateway First Bank $2,295,000 $1,230,000 -46.4% 1.2%
CORNERSTONE HOME LENDING, INC. $3,365,000 $1,135,000 -66.3% 1.1%
FREEDOM MORTGAGE CORPORATION $305,000 $1,065,000 249.2% 1.0%
Equity Bank $1,005,000 n/a 1.0%
Mortgage Investment Services Corporation $4,050,000 $1,005,000 -75.2% 1.0%
DAS Acquisition Company, LLC $845,000 n/a 0.8%
VALOR BANK $525,000 $805,000 53.3% 0.8%
BROKER SOLUTIONS, INC. $575,000 $800,000 39.1% 0.8%
Stride Bank $7,055,000 $775,000 -89.0% 0.7%
First State Bank of St. Charles, Missouri $725,000 n/a 0.7%
FIRST HERITAGE BANK $685,000 n/a 0.7%
First National Bank Of Oklahoma $665,000 n/a 0.6%
NAVY FEDERAL CREDIT UNION $1,160,000 $665,000 -42.7% 0.6%
U.S. Bank $1,005,000 $650,000 -35.3% 0.6%
BOKF $2,390,000 $630,000 -73.6% 0.6%
Carrington Mortgage Services, LLC $855,000 $620,000 -27.5% 0.6%
ASSOCIATED MORTGAGE CORPORATION $405,000 $610,000 50.6% 0.6%
SOUTHWEST STAGE FUNDING, LLC $415,000 $610,000 47.0% 0.6%
FirstTrust Home Loans, Inc. $2,945,000 $595,000 -79.8% 0.6%
WEOKIE $850,000 $555,000 -34.7% 0.5%
American Bank of Oklahoma $1,070,000 $530,000 -50.5% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $690,000 $515,000 -25.4% 0.5%
PNC Bank $515,000 n/a 0.5%
Flagstar Bank, FSB $500,000 n/a 0.5%
INTERLINC MORTGAGE SERVICES, LLC $495,000 n/a 0.5%
MOVEMENT MORTGAGE, LLC $485,000 n/a 0.5%
PENNYMAC LOAN SERVICES, LLC $985,000 $470,000 -52.3% 0.4%
First Fidelity Bank $455,000 n/a 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,115,000 $445,000 -60.1% 0.4%
LOANDEPOT.COM, LLC $760,000 $445,000 -41.4% 0.4%
Vision Bank $445,000 n/a 0.4%
MORTGAGE SOLUTIONS OF COLORADO, LLC $610,000 $410,000 -32.8% 0.4%
NBKC BANK $485,000 $410,000 -15.5% 0.4%
Tinker Federal Credit Union $630,000 $395,000 -37.3% 0.4%
NEW DAY FINANCIAL, LLC $1,435,000 $380,000 -73.5% 0.4%
AMCAP MORTGAGE, LTD. $105,000 $370,000 252.4% 0.4%
AMERISAVE MORTGAGE CORPORATION $595,000 $360,000 -39.5% 0.3%
Wells Fargo Bank $1,170,000 $340,000 -70.9% 0.3%
JPMorgan Chase Bank $275,000 $325,000 18.2% 0.3%
COMMUNITY MORTGAGE FUNDING, LLC $320,000 n/a 0.3%
Bank of England $310,000 n/a 0.3%
ZILLOW HOME LOANS, LLC $105,000 $305,000 190.5% 0.3%
TTCU Federal Credit Union $295,000 n/a 0.3%
Service Federal Credit Union $75,000 $290,000 286.7% 0.3%
AMERICAN FINANCING CORPORATION $55,000 $280,000 409.1% 0.3%
First Federal Bank $265,000 $280,000 5.7% 0.3%
MID AMERICA MORTGAGE, INC. $835,000 $280,000 -66.5% 0.3%
Chickasaw Community Bank $1,050,000 $265,000 -74.8% 0.3%
DRAPER AND KRAMER MORTGAGE CORP. $265,000 n/a 0.3%
Goldwater Bank, N.A. $265,000 n/a 0.3%
Colonial Savings, F.A. $255,000 n/a 0.2%
Northpointe Bank $255,000 n/a 0.2%
The Federal Savings Bank $255,000 n/a 0.2%
CROSSCOUNTRY MORTGAGE, LLC $160,000 $250,000 56.3% 0.2%
Prosperity Bank $300,000 $235,000 -21.7% 0.2%
F & M Bank $375,000 $225,000 -40.0% 0.2%
UNITED BUILT HOMES, L.L.C. $215,000 n/a 0.2%
VILLAGE CAPITAL MORTGAGE $125,000 $205,000 64.0% 0.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $280,000 $200,000 -28.6% 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $195,000 n/a 0.2%
Discover Bank $180,000 n/a 0.2%
First Bank $175,000 n/a 0.2%
Mabrey Bank $175,000 n/a 0.2%
EVERETT FINANCIAL, INC. $960,000 $165,000 -82.8% 0.2%
UNION HOME MORTGAGE CORP. $155,000 n/a 0.1%
Armstrong Bank $175,000 $150,000 -14.3% 0.1%
CHURCHILL MORTGAGE CORPORATION $155,000 $135,000 -12.9% 0.1%
GUARANTEED RATE, INC. $305,000 $135,000 -55.7% 0.1%
PLAZA HOME MORTGAGE, INC. $350,000 $135,000 -61.4% 0.1%
SWBC MORTGAGE CORPORATION $135,000 n/a 0.1%
Citizens Bank $360,000 $125,000 -65.3% 0.1%
COMMUNICATION $470,000 $125,000 -73.4% 0.1%
Legend Bank, N.A. $125,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $75,000 $105,000 40.0% 0.1%
ACB BANK $95,000 n/a 0.1%
Coastal Community Bank $95,000 n/a 0.1%
GSB MORTGAGE, INC. $95,000 n/a 0.1%
Liberty National Bank $95,000 n/a 0.1%
First National Bank of Omaha $105,000 $85,000 -19.0% 0.1%
LOANPAL, LLC $165,000 $85,000 -48.5% 0.1%
Regent Financial Group, Inc. $85,000 n/a 0.1%
The First National Bank of Fort Smith $95,000 $85,000 -10.5% 0.1%
Truist $85,000 n/a 0.1%
Figure Lending LLC $25,000 $80,000 220.0% 0.1%
Nations Lending Corporation $270,000 $75,000 -72.2% 0.1%
BETTER MORTGAGE CORPORATION $65,000 n/a 0.1%
FINANCIAL CONCEPTS MORTGAGE, LLC $1,485,000 $55,000 -96.3% 0.1%
OKLAHOMA'S $50,000 n/a 0.0%
Deere Employees Credit Union $45,000 n/a 0.0%
PENTAGON FEDERAL CREDIT UNION $45,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $45,000 n/a 0.0%
OKLAHOMA CENTRAL Credit Union $35,000 n/a 0.0%
ROYAL UNITED MORTGAGE LLC $335,000 $35,000 -89.6% 0.0%
TRUE SKY $35,000 n/a 0.0%

McAlester's top lender by overall market share is Arvest Bank, with 9.3% market share. In second place, with 8.5%, is BancFirst, having originated $8,940,000 in loans. In third place, with 6.4%, is First United Bank and Trust Company, having originated $6,715,000 in loans. In fourth place, with 5.5%, is QUICKEN LOANS, LLC, having originated $5,750,000 in loans. In fifth place, with 4.8%, is Great Plains National Bank, having originated $5,085,000 in loans.


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

Realtor.com - McAlester (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 $133,125 (6.5%) $185,836 (1.7%) 0.00 275
2018-02-01 $134,100 (4.0%) $191,280 (1.3%) 0.00 251
2018-03-01 $144,900 (7.4%) $197,608 (2.3%) 0.00 241
2018-04-01 $148,200 (6.2%) $192,715 (-1.9%) 0.00 268
2018-05-01 $149,450 (5.1%) $196,215 (5.4%) 0.00 263
2018-06-01 $149,900 (5.5%) $192,607 (5.7%) 0.00 266
2018-07-01 $145,700 (7.9%) $201,423 (13.9%) 0.00 288
2018-08-01 $149,900 (8.6%) $204,675 (14.7%) 0.00 306
2018-09-01 $145,000 (3.7%) $204,285 (14.3%) 0.00 294
2018-10-01 $147,125 (5.2%) $211,229 (17.3%) 0.00 279
2018-11-01 $149,450 (7.1%) $211,151 (14.5%) 0.00 259
2018-12-01 $149,000 (10.8%) $214,893 (17.2%) 0.00 251
2019-01-01 $144,900 (8.9%) $211,925 (14.0%) 0.00 250
2019-02-01 $147,300 (9.8%) $216,367 (13.1%) 0.00 248
2019-03-01 $144,371 (-0.4%) $213,052 (7.8%) 0.00 257
2019-04-01 $135,950 (-8.3%) $205,409 (6.6%) 0.00 271
2019-05-01 $137,450 (-8.0%) $205,900 (4.9%) 0.00 270
2019-06-01 $139,900 (-6.7%) $205,516 (6.7%) 0.00 267
2019-07-01 $146,175 (0.3%) $199,331 (-1.0%) 0.00 243
2019-08-01 $146,745 (-2.1%) $196,477 (-4.0%) 0.00 242
2019-09-01 $148,014 (2.1%) $197,078 (-3.5%) 0.00 245
2019-10-01 $149,125 (1.4%) $198,728 (-5.9%) 0.00 245
2019-11-01 $152,400 (2.0%) $211,417 (0.1%) 0.00 243
2019-12-01 $167,175 (12.2%) $221,665 (3.2%) 0.00 240
2020-01-01 $167,500 (15.6%) $224,051 (5.7%) 0.00 231
2020-02-01 $179,450 (21.8%) $234,823 (8.5%) 0.00 221
2020-03-01 $188,950 (30.9%) $241,109 (13.2%) 0.00 202
2020-04-01 $195,815 (44.0%) $250,554 (22.0%) 0.00 206
2020-05-01 $176,500 (28.4%) $245,435 (19.2%) 0.00 191
2020-06-01 $169,800 (21.4%) $237,233 (15.4%) 0.00 177
2020-07-01 $158,250 (8.3%) $231,209 (16.0%) 0.00 165
2020-08-01 $157,500 (7.3%) $224,388 (14.2%) 0.00 161
2020-09-01 $150,500 (1.7%) $212,457 (7.8%) 0.00 147
2020-10-01 $149,900 (0.5%) $216,202 (8.8%) 0.00 144
2020-11-01 $149,950 (-1.6%) $213,172 (0.8%) 0.00 143
2020-12-01 $149,675 (-10.5%) $207,369 (-6.5%) 0.00 129
2021-01-01 $149,000 (-11.0%) $196,223 (-12.4%) 0.00 116
2021-02-01 $149,950 (-16.4%) $197,937 (-15.7%) 0.00 103
2021-03-01 $160,000 (-15.3%) $202,138 (-16.2%) 0.00 94
2021-04-01 $168,625 (-13.9%) $204,987 (-18.2%) 0.00 89
2021-05-01 $149,950 (-15.0%) $186,206 (-24.1%) 0.00 84
2021-06-01 $157,475 (-7.3%) $187,254 (-21.1%) 0.00 97
2021-07-01 $162,175 (2.5%) $203,546 (-12.0%) 0.00 112
2021-08-01 $162,175 (3.0%) $207,869 (-7.4%) 0.00 118
2021-09-01 $173,425 (15.2%) $215,826 (1.6%) 0.00 121
2021-10-01 $172,900 (15.3%) $230,310 (6.5%) 0.00 121
2021-11-01 $167,400 (11.6%) $219,386 (2.9%) 0.00 100
2021-12-01 $159,700 (6.7%) $222,011 (7.1%) 0.00 84
2022-01-01 $150,500 (1.0%) $218,049 (11.1%) 0.00 88
2022-02-01 $159,875 (6.6%) $236,993 (19.7%) 0.00 92
2022-03-01 $182,225 (13.9%) $255,167 (26.2%) 0.00 81
2022-04-01 $185,000 (9.7%) $263,963 (28.8%) 0.00 86
2022-05-01 $196,350 (30.9%) $327,960 (76.1%) 0.00 104
2022-06-01 $199,950 (27.0%) $320,593 (71.2%) 0.00 130
2022-07-01 $200,000 (23.3%) $330,714 (62.5%) 0.00 144
2022-08-01 $227,500 (40.3%) $342,806 (64.9%) 0.00 151
2022-09-01 $232,200 (33.9%) $354,026 (64.0%) 0.00 144
2022-10-01 $225,194 (30.3%) $329,709 (43.2%) 0.00 148
2022-11-01 $212,475 (26.9%) $321,001 (46.3%) 0.00 150
2022-12-01 $219,500 (37.5%) $315,258 (42.0%) 0.00 138
2023-01-01 $219,000 (45.5%) $310,791 (42.5%) 0.00 130
2023-02-01 $202,200 (26.5%) $291,167 (22.9%) 0.00 138
2023-03-01 $199,800 (9.6%) $280,802 (10.1%) 0.00 142
2023-04-01 $200,000 (8.1%) $317,720 (20.4%) 0.00 140
2023-05-01 $203,475 (3.6%) $326,935 (-0.3%) 0.00 138
2023-06-01 $223,000 (11.5%) $355,608 (10.9%) 0.00 137
2023-07-01 $219,000 (9.5%) $397,006 (20.1%) 0.00 152
2023-08-01 $226,875 (-0.3%) $399,311 (16.5%) 0.00 167
2023-09-01 $247,000 (6.4%) $411,565 (16.3%) 0.00 168
2023-10-01 $246,725 (9.6%) $407,403 (23.6%) 0.00 166
2023-11-01 $244,925 (15.3%) $385,830 (20.2%) 0.00 169
2023-12-01 $235,000 (7.1%) $359,019 (13.9%) 0.00 168
2024-01-01 $235,000 (7.3%) $332,896 (7.1%) 0.00 159
2024-02-01 $231,350 (14.4%) $320,418 (10.1%) 0.00 156
2024-03-01 $235,000 (17.6%) $323,856 (15.3%) 0.00 154
2024-04-01 $249,450 (24.7%) $360,891 (13.6%) 0.00 157
McAlester's median listing price for 2024-04-01 was $249,450, a difference of $49,450 (24.7%) versus the prior year and $14,450 versus the prior month.

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

McAlester's average listing price for 2024-04-01 was $360,891, a difference of $43,171 (13.6%) versus the prior year and $37,035 versus the prior month.

For the 2024-04-01 period, McAlester had 157 MLS listings, a difference of 3 listings (2%) versus the prior month and 17 listings (12%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - McAlester (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,715 sqft
2018-02-01 0 days 1,703 sqft
2018-03-01 0 days 1,730 sqft
2018-04-01 0 days 1,723 sqft
2018-05-01 0 days 1,714 sqft
2018-06-01 0 days 1,706 sqft
2018-07-01 0 days 1,702 sqft
2018-08-01 0 days 1,669 sqft
2018-09-01 0 days 1,656 sqft
2018-10-01 0 days 1,688 sqft
2018-11-01 0 days 1,691 sqft
2018-12-01 0 days 1,732 sqft
2019-01-01 0 days 1,740 sqft
2019-02-01 0 days 1,752 sqft
2019-03-01 0 days 1,730 sqft
2019-04-01 0 days 1,644 sqft
2019-05-01 0 days 1,672 sqft
2019-06-01 0 days 1,661 sqft
2019-07-01 0 days 1,657 sqft
2019-08-01 0 days 1,648 sqft
2019-09-01 0 days 1,659 sqft
2019-10-01 0 days 1,657 sqft
2019-11-01 0 days 1,681 sqft
2019-12-01 0 days 1,676 sqft
2020-01-01 0 days 1,676 sqft
2020-02-01 0 days 1,791 sqft
2020-03-01 0 days 1,806 sqft
2020-04-01 0 days 1,811 sqft
2020-05-01 0 days 1,800 sqft
2020-06-01 0 days 1,754 sqft
2020-07-01 0 days 1,708 sqft
2020-08-01 0 days 1,756 sqft
2020-09-01 0 days 1,725 sqft
2020-10-01 0 days 1,745 sqft
2020-11-01 0 days 1,795 sqft
2020-12-01 0 days 1,798 sqft
2021-01-01 0 days 1,775 sqft
2021-02-01 0 days 1,823 sqft
2021-03-01 0 days 1,799 sqft
2021-04-01 0 days 1,790 sqft
2021-05-01 0 days 1,747 sqft
2021-06-01 0 days 1,692 sqft
2021-07-01 0 days 1,638 sqft
2021-08-01 0 days 1,634 sqft
2021-09-01 0 days 1,634 sqft
2021-10-01 0 days 1,605 sqft
2021-11-01 0 days 1,590 sqft
2021-12-01 0 days 1,610 sqft
2022-01-01 0 days 1,590 sqft
2022-02-01 0 days 1,553 sqft
2022-03-01 0 days 1,627 sqft
2022-04-01 0 days 1,597 sqft
2022-05-01 0 days 1,553 sqft
2022-06-01 0 days 1,613 sqft
2022-07-01 0 days 1,644 sqft
2022-08-01 0 days 1,714 sqft
2022-09-01 0 days 1,755 sqft
2022-10-01 0 days 1,813 sqft
2022-11-01 0 days 1,832 sqft
2022-12-01 0 days 1,818 sqft
2023-01-01 0 days 1,833 sqft
2023-02-01 0 days 1,715 sqft
2023-03-01 0 days 1,626 sqft
2023-04-01 0 days 1,654 sqft
2023-05-01 0 days 1,729 sqft
2023-06-01 0 days 1,808 sqft
2023-07-01 0 days 1,759 sqft
2023-08-01 0 days 1,750 sqft
2023-09-01 0 days 1,874 sqft
2023-10-01 0 days 1,872 sqft
2023-11-01 0 days 1,883 sqft
2023-12-01 0 days 1,838 sqft
2024-01-01 0 days 1,770 sqft
2024-02-01 0 days 1,741 sqft
2024-03-01 0 days 1,620 sqft
2024-04-01 0 days 1,630 sqft
McAlester's median listing age (time on market) for 2024-04-01 was 0 days.

McAlester's median square footage for active listings during the 2024-04-01 period was 1,630 sqft. One year prior, the average listing was 1,654 sqft.

McAlester, OK Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 409 $79,885,000 $195,318
Cash Out Refi 56 $11,420,000 $203,929
Refi 54 $9,100,000 $168,519
Home Improvement 52 $2,870,000 $55,192
Other 35 $1,805,000 $51,571

Mcalester's most frequently cited loan purpose was Home Purchase, with 409 originations. The 2nd most popular reason was Cash Out Refi, with 56 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 214 $41,440,000 $193,645
7-8% 149 $27,685,000 $185,805
Over 8% 107 $10,115,000 $94,533
5-6% 55 $10,935,000 $198,818
4-5% 4 $1,580,000 $395,000
2.5-3% 2 $90,000 $45,000
<2.5% 1 $15,000 $15,000
3-4% 1 $135,000 $135,000

During 2023, Mcalester's most frequently originated rate bucket was 6-7%, with 214 originations.

Loan Sizing (McAlester, OK MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 238 $34,980,000 $146,975
$100,000 or less 208 $11,790,000 $56,683
$200k-400k 121 $31,725,000 $262,190
$400k-600k 21 $10,165,000 $484,048
$600k-1000k 13 $9,205,000 $708,077
$Over $1MM 5 $7,215,000 $1,443,000

McAlester's loan sizing saw the bucket of loans from $100k-200k with 238 originations, totaling $34,980,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 279 $53,085,000 $190,269
60-80% 132 $27,490,000 $208,258
20-40% 47 $3,155,000 $67,128
40-60% 34 $5,740,000 $168,824
Under 20% 30 $980,000 $32,667
Over 100% 10 $1,410,000 $141,000

McAlester's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 279 originations, totaling $53,085,000 in origination value.