MIDLAND Mortgage Rates
30 Year Fixed Rate mortgages in Midland averaged
5.63%
for the week of 2022-05-12, compared to the national average of
5.3% for the same period.
The average rate for the prior week (2022-05-05) was
5.4% and
one month ago for the week of 2022-04-07, the
average rate was 5.05%.
Midland's average rate one year ago was 3.09%.
For refis of the same type during the week of 2022-05-12, the average rate
was 5.63%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2022-05-12 | 5.3% |
Midland 30 Year Fixed Rate | 2022-05-12 | 5.63% |
Midland 30 Year Fixed Rate Refi | 2022-05-12 | 5.63% |
Midland 15 Year Fixed Rate | 2022-05-12 | 5.16% |
Midland 15 Year Fixed Rate Refi | 2022-05-12 | 4.53% |
Midland 30 Year FHA | 2022-05-12 | 5.99% |
Midland 30 Year FHA Refi | 2022-05-12 | 5.26% |
Midland 30 Year USDA | 2022-05-12 | 5.52% |
Midland 30 Year USDA Refi | 2022-05-12 | 4.81% |
Midland 30 Year VA | 2022-05-12 | 5.38% |
Midland 30 Year VA Refi | 2022-05-12 | 5.06% |
MIDLAND 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 MIDLAND, MI 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.).
MIDLAND, MI's 128 lenders originated 3,667
loans during 2021. The total origination value was $618,225,000, with an average loan value of
$168,591.
The top MIDLAND lender as defined by loan originations is DOW CHEMICAL EMPLOYEES', with
271 loans originated. Their average total fees are
$2,661, which is $1,728
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee MIDLAND lenders (with over 10 loans originated) are
FREEDOM MORTGAGE CORPORATION ($1,726), MEMBERS FIRST Credit Union ($1,749), JPMorgan Chase Bank ($1,807), Frankenmuth Credit Union ($2,052) and Wanigas Credit Union ($2,168).
The lowest rate MIDLAND lenders (with over 10 loans originated) are
Isabella Bank (2.89%), Mr. Cooper ( Nationstar Mortgage ) (2.98%), JPMorgan Chase Bank (3.00%), UNITED WHOLESALE MORTGAGE, LLC (3.00%) and TCF National Bank (3.02%).
MIDLAND, MI 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 |
---|---|---|---|---|
DOW CHEMICAL EMPLOYEES' | $94,590,000 | $89,725,000 | -5.1% | 14.5% |
QUICKEN LOANS, LLC | $56,240,000 | $70,920,000 | 26.1% | 11.5% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $35,245,000 | $38,195,000 | 8.4% | 6.2% |
UNITED WHOLESALE MORTGAGE, LLC | $8,620,000 | $30,540,000 | 254.3% | 4.9% |
Isabella Bank | $19,990,000 | $25,830,000 | 29.2% | 4.2% |
ACADEMY MORTGAGE CORPORATION | $28,170,000 | $24,355,000 | -13.5% | 3.9% |
MEMBERS FIRST Credit Union | $22,735,000 | $23,695,000 | 4.2% | 3.8% |
The Huntington National Bank | $13,925,000 | $19,335,000 | 38.9% | 3.1% |
Frankenmuth Credit Union | $19,870,000 | $17,230,000 | -13.3% | 2.8% |
Mercantile Bank of Michigan | $21,690,000 | $16,865,000 | -22.2% | 2.7% |
FREEDOM MORTGAGE CORPORATION | $10,350,000 | $14,720,000 | 42.2% | 2.4% |
1st State Financial, Ltd. | $16,445,000 | $14,195,000 | -13.7% | 2.3% |
Wildfire Credit Union | $11,050,000 | $10,480,000 | -5.2% | 1.7% |
Wells Fargo Bank | $3,435,000 | $10,155,000 | 195.6% | 1.6% |
JPMorgan Chase Bank | $5,360,000 | $9,935,000 | 85.4% | 1.6% |
Independent Bank | $365,000 | $9,185,000 | 2,416.4% | 1.5% |
LAKE MICHIGAN CREDIT UNION | $8,470,000 | $8,955,000 | 5.7% | 1.4% |
TCF National Bank | $20,540,000 | $8,540,000 | -58.4% | 1.4% |
Horizon Bank | $17,265,000 | $7,625,000 | -55.8% | 1.2% |
Fifth Third Bank | $3,100,000 | $7,000,000 | 125.8% | 1.1% |
Mortgage Research Center, LLC | $7,385,000 | $6,900,000 | -6.6% | 1.1% |
Mr. Cooper ( Nationstar Mortgage ) | $4,295,000 | $5,610,000 | 30.6% | 0.9% |
MID AMERICA MORTGAGE, INC. | $3,005,000 | $4,775,000 | 58.9% | 0.8% |
UNION HOME MORTGAGE CORP. | $3,950,000 | $4,045,000 | 2.4% | 0.7% |
ENVOY MORTGAGE, LTD | $2,560,000 | $3,845,000 | 50.2% | 0.6% |
PNC Bank | $3,420,000 | $3,635,000 | 6.3% | 0.6% |
Flagstar Bank, FSB | $1,295,000 | $3,520,000 | 171.8% | 0.6% |
GENEVA FINANCIAL, LLC | $3,420,000 | n/a | 0.6% | |
LOANDEPOT.COM, LLC | $2,725,000 | $3,365,000 | 23.5% | 0.5% |
GreenStone Farm Credit Services, FLCA | $5,135,000 | $3,335,000 | -35.1% | 0.5% |
JOLT CREDIT UNION | $1,860,000 | $3,335,000 | 79.3% | 0.5% |
BETTER MORTGAGE CORPORATION | $845,000 | $3,080,000 | 264.5% | 0.5% |
MORTGAGE 1 INCORPORATED | $1,625,000 | $3,020,000 | 85.8% | 0.5% |
WALKER & DUNLOP, LLC | $2,895,000 | n/a | 0.5% | |
NEWREZ LLC | $1,395,000 | $2,880,000 | 106.5% | 0.5% |
The Dart Bank | $1,785,000 | $2,810,000 | 57.4% | 0.5% |
CALIBER HOME LOANS, INC. | $1,910,000 | $2,750,000 | 44.0% | 0.4% |
PENNYMAC LOAN SERVICES, LLC | $1,065,000 | $2,620,000 | 146.0% | 0.4% |
USAA Federal Savings Bank | $2,795,000 | $2,540,000 | -9.1% | 0.4% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $7,235,000 | $2,470,000 | -65.9% | 0.4% |
J. VIRGIL, INC. | $1,120,000 | $2,420,000 | 116.1% | 0.4% |
AMERIFIRST FINANCIAL CORPORATION | $2,880,000 | $2,165,000 | -24.8% | 0.4% |
Wanigas Credit Union | $3,095,000 | $2,155,000 | -30.4% | 0.3% |
GUARANTEED RATE, INC. | $2,015,000 | n/a | 0.3% | |
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $555,000 | $1,910,000 | 244.1% | 0.3% |
AMERISAVE MORTGAGE CORPORATION | $3,450,000 | $1,885,000 | -45.4% | 0.3% |
BROKER SOLUTIONS, INC. | $1,100,000 | $1,750,000 | 59.1% | 0.3% |
CROSSCOUNTRY MORTGAGE, LLC | $1,455,000 | $1,670,000 | 14.8% | 0.3% |
Bank of America | $1,720,000 | $1,600,000 | -7.0% | 0.3% |
NEW DAY FINANCIAL, LLC | $1,260,000 | $1,590,000 | 26.2% | 0.3% |
LAKEVIEW LOAN SERVICING, LLC | $1,395,000 | $1,480,000 | 6.1% | 0.2% |
HOME POINT FINANCIAL CORPORATION | $215,000 | $1,435,000 | 567.4% | 0.2% |
FINANCE OF AMERICA MORTGAGE LLC | $1,085,000 | $1,410,000 | 30.0% | 0.2% |
Northpointe Bank | $640,000 | $1,395,000 | 118.0% | 0.2% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,370,000 | n/a | 0.2% | |
HEALTH ADVANTAGE FEDERAL CREDIT UNION | $1,645,000 | $1,365,000 | -17.0% | 0.2% |
21ST MORTGAGE CORPORATION | $510,000 | $1,330,000 | 160.8% | 0.2% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,580,000 | $1,330,000 | -15.8% | 0.2% |
TEAM ONE CREDIT UNION | $1,530,000 | $1,305,000 | -14.7% | 0.2% |
NAVY FEDERAL CREDIT UNION | $2,815,000 | $1,275,000 | -54.7% | 0.2% |
UNITED FINANCIAL Credit Union | $925,000 | $1,255,000 | 35.7% | 0.2% |
Wyndham Capital Mortgage, Inc. | $315,000 | $1,250,000 | 296.8% | 0.2% |
Carrington Mortgage Services, LLC | $820,000 | $1,235,000 | 50.6% | 0.2% |
BM Real Estate Services, Inc. | $95,000 | $1,215,000 | 1,178.9% | 0.2% |
U.S. Bank | $670,000 | $1,200,000 | 79.1% | 0.2% |
MICHIGAN MUTUAL, INC. | $1,240,000 | $1,195,000 | -3.6% | 0.2% |
American Mortgage & Equity Consultants, Inc. | $1,185,000 | n/a | 0.2% | |
Low VA Rates, LLC | $210,000 | $1,145,000 | 445.2% | 0.2% |
The Federal Savings Bank | $420,000 | $1,115,000 | 165.5% | 0.2% |
Comerica Bank | $785,000 | $1,110,000 | 41.4% | 0.2% |
PHH Mortgage Corporation | $205,000 | $1,105,000 | 439.0% | 0.2% |
The State Bank | $730,000 | $1,105,000 | 51.4% | 0.2% |
MICHIGAN SCHOOLS AND GOVERNMENT | $350,000 | $1,085,000 | 210.0% | 0.2% |
AMERICAN INTERNET MORTGAGE, INC. | $255,000 | $1,080,000 | 323.5% | 0.2% |
AMERICAN FINANCING CORPORATION | $505,000 | $975,000 | 93.1% | 0.2% |
SUN WEST MORTGAGE COMPANY, INC. | $245,000 | $920,000 | 275.5% | 0.1% |
FIRST COMMUNITY MORTGAGE, INC. | $435,000 | $890,000 | 104.6% | 0.1% |
KeyBank | $860,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $475,000 | $850,000 | 78.9% | 0.1% |
CREDIT UNION ONE | $5,305,000 | $840,000 | -84.2% | 0.1% |
PREMIA MORTGAGE, LLC | $775,000 | n/a | 0.1% | |
Charles Schwab Bank, SSB | $765,000 | n/a | 0.1% | |
HOMESIDE FINANCIAL, LLC | $195,000 | $760,000 | 289.7% | 0.1% |
SOFI LENDING CORP. | $730,000 | $735,000 | 0.7% | 0.1% |
COMPASS MORTGAGE, INC. | $205,000 | $730,000 | 256.1% | 0.1% |
LEADERONE FINANCIAL CORPORATION | $1,170,000 | $730,000 | -37.6% | 0.1% |
PENTAGON FEDERAL CREDIT UNION | $1,075,000 | $725,000 | -32.6% | 0.1% |
Ally Bank | $690,000 | n/a | 0.1% | |
SUCCESS MORTGAGE PARTNERS, INC. | $685,000 | n/a | 0.1% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $300,000 | $630,000 | 110.0% | 0.1% |
United Bay Community Credit Union | $1,710,000 | $620,000 | -63.7% | 0.1% |
GENISYS | $290,000 | $615,000 | 112.1% | 0.1% |
MORTGAGE CENTER L.C | $580,000 | $610,000 | 5.2% | 0.1% |
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $280,000 | $605,000 | 116.1% | 0.1% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $370,000 | $585,000 | 58.1% | 0.1% |
SOUTHWEST FUNDING, LP | $655,000 | $580,000 | -11.5% | 0.1% |
Colonial Savings, F.A. | $135,000 | $565,000 | 318.5% | 0.1% |
CHURCHILL MORTGAGE CORPORATION | $335,000 | $540,000 | 61.2% | 0.1% |
CLEARPATH LENDING | $540,000 | n/a | 0.1% | |
FirstBank | $535,000 | n/a | 0.1% | |
Neighborhood Loans, Inc. | $635,000 | $530,000 | -16.5% | 0.1% |
FINANCIAL PLUS CREDIT UNION | $340,000 | $515,000 | 51.5% | 0.1% |
Lakeview Community Capital, LLC | $360,000 | $510,000 | 41.7% | 0.1% |
Capital Bank | $495,000 | n/a | 0.1% | |
Bank of England | $850,000 | $475,000 | -44.1% | 0.1% |
VILLAGE CAPITAL & INVESTMENT LLC | $870,000 | $475,000 | -45.4% | 0.1% |
STAUNTON FINANCIAL, INC. | $135,000 | $465,000 | 244.4% | 0.1% |
COPOCO Community Credit Union | $195,000 | $450,000 | 130.8% | 0.1% |
FinancialEdge Community Credit Union | $300,000 | $435,000 | 45.0% | 0.1% |
AMERICAN FINANCIAL RESOURCES, INC. | $890,000 | $425,000 | -52.2% | 0.1% |
Chicago Mortgage Solutions LLC | $165,000 | $420,000 | 154.5% | 0.1% |
First State Bank | $420,000 | n/a | 0.1% | |
Cf Bank | $415,000 | n/a | 0.1% | |
BLG HOLDINGS, INC. | $360,000 | $405,000 | 12.5% | 0.1% |
Platinum Home Mortgage Corporation | $400,000 | n/a | 0.1% | |
Thumb Bank and Trust | $505,000 | $395,000 | -21.8% | 0.1% |
ROSS MORTGAGE CORPORATION | $425,000 | $365,000 | -14.1% | 0.1% |
SOVEREIGN LENDING GROUP INCORPORATED | $350,000 | n/a | 0.1% | |
UIF CORPORATION | $350,000 | n/a | 0.1% | |
First Internet Bank of Indiana | $345,000 | $345,000 | 0.0% | 0.1% |
GUILD MORTGAGE COMPANY | $345,000 | n/a | 0.1% | |
WESTERN EXPRESS LENDING | $345,000 | n/a | 0.1% | |
Stifel Bank and Trust | $340,000 | n/a | 0.1% | |
Sierra Pacific Mortgage Company, Inc. | $325,000 | n/a | 0.1% | |
ChoiceOne Bank | $415,000 | $300,000 | -27.7% | 0.0% |
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $445,000 | $300,000 | -32.6% | 0.0% |
Level One Bank | $380,000 | $295,000 | -22.4% | 0.0% |
Sunflower Bank | $250,000 | $295,000 | 18.0% | 0.0% |
SIGNATURE MORTGAGE CORPORATION | $305,000 | $290,000 | -4.9% | 0.0% |
A&D Mortgage LLC | $285,000 | n/a | 0.0% | |
LENDINGHOME FUNDING CORPORATION | $280,000 | n/a | 0.0% | |
AMERICAN MORTGAGE SERVICE COMPANY | $265,000 | n/a | 0.0% | |
NP, Inc. | $265,000 | n/a | 0.0% | |
Lake Huron Credit Union | $160,000 | $260,000 | 62.5% | 0.0% |
SECURITY CREDIT UNION | $35,000 | $255,000 | 628.6% | 0.0% |
ADVISORS CAPITAL, INC. | $135,000 | $250,000 | 85.2% | 0.0% |
GUARANTEED RATE AFFINITY, LLC | $245,000 | n/a | 0.0% | |
MORIA DEVELOPMENT, INC. | $245,000 | n/a | 0.0% | |
CIVIC FINANCIAL SERVICES, LLC | $240,000 | n/a | 0.0% | |
First Guaranty Mortgage Corporation | $900,000 | $240,000 | -73.3% | 0.0% |
Manufacturers and Traders Trust Company | $290,000 | $240,000 | -17.2% | 0.0% |
Plains Commerce Bank | $235,000 | $215,000 | -8.5% | 0.0% |
Barrington Bank & Trust Company, N.A. | $1,655,000 | $210,000 | -87.3% | 0.0% |
CHERRY CREEK MORTGAGE, LLC | $290,000 | $205,000 | -29.3% | 0.0% |
EQUITY RESOURCES, INC. | $205,000 | n/a | 0.0% | |
Discover Bank | $185,000 | $200,000 | 8.1% | 0.0% |
ANGEL OAK MORTGAGE SOLUTIONS LLC | $195,000 | n/a | 0.0% | |
GREAT LAKES | $195,000 | n/a | 0.0% | |
RUOFF MORTGAGE COMPANY, INC. | $725,000 | $190,000 | -73.8% | 0.0% |
Dort Financial Credit Union | $270,000 | $185,000 | -31.5% | 0.0% |
INLANTA MORTGAGE, INC. | $185,000 | $185,000 | 0.0% | 0.0% |
Mid-Continent Funding, Inc. | $185,000 | n/a | 0.0% | |
AMERICAN FINANCIAL NETWORK, INC. | $75,000 | $175,000 | 133.3% | 0.0% |
EMBRACE HOME LOANS, INC. | $175,000 | n/a | 0.0% | |
Evolve Bank & Trust | $175,000 | n/a | 0.0% | |
Florida Capital Bank | $215,000 | $175,000 | -18.6% | 0.0% |
mBank | $175,000 | $175,000 | 0.0% | 0.0% |
Paramount Residential Mortgage Group, Inc. | $340,000 | $175,000 | -48.5% | 0.0% |
UNITED SECURITY FINANCIAL CORP | $175,000 | n/a | 0.0% | |
UNIVERSITY OF MICHIGAN CREDIT UNION | $175,000 | n/a | 0.0% | |
CONSUMERS | $240,000 | $170,000 | -29.2% | 0.0% |
Citizens Bank | $945,000 | $165,000 | -82.5% | 0.0% |
Meridian Bank Corporation | $165,000 | n/a | 0.0% | |
Michigan Educational Credit Union | $165,000 | n/a | 0.0% | |
OCEANSIDE MORTGAGE COMPANY | $165,000 | $165,000 | 0.0% | 0.0% |
Paramount Bank | $165,000 | n/a | 0.0% | |
GUIDANCE RESIDENTIAL, LLC | $215,000 | $155,000 | -27.9% | 0.0% |
Hometown Lenders, Inc. | $155,000 | n/a | 0.0% | |
United Bank of Michigan | $155,000 | n/a | 0.0% | |
MMS MORTGAGE SERVICES, LTD. | $145,000 | n/a | 0.0% | |
PLANET HOME LENDING, LLC | $260,000 | $145,000 | -44.2% | 0.0% |
SPRING EQ, LLC | $145,000 | n/a | 0.0% | |
BNC National Bank | $135,000 | n/a | 0.0% | |
Citibank | $135,000 | n/a | 0.0% | |
Honor Credit Union | $135,000 | n/a | 0.0% | |
InterContinental Capital Group, Inc | $135,000 | n/a | 0.0% | |
MICHIGAN FIRST CREDIT UNION | $195,000 | $125,000 | -35.9% | 0.0% |
Preston Home Loans Inc | $125,000 | n/a | 0.0% | |
TRIAD FINANCIAL SERVICES, INC. | $110,000 | $125,000 | 13.6% | 0.0% |
ELGA CREDIT UNION | $35,000 | $120,000 | 242.9% | 0.0% |
Lake Trust Credit Union | $115,000 | n/a | 0.0% | |
NATIONS DIRECT MORTGAGE, LLC | $195,000 | $115,000 | -41.0% | 0.0% |
NFM, INC. | $135,000 | $115,000 | -14.8% | 0.0% |
Citadel Servicing Corporation | $105,000 | n/a | 0.0% | |
FINANCE OF AMERICA COMMERCIAL LLC | $445,000 | $105,000 | -76.4% | 0.0% |
First National Bank of America | $55,000 | $105,000 | 90.9% | 0.0% |
RBC Bank, (Georgia) | $105,000 | n/a | 0.0% | |
First Federal Bank | $235,000 | $95,000 | -59.6% | 0.0% |
Prosperity Home Mortgage, LLC | $205,000 | $95,000 | -53.7% | 0.0% |
Servion, Inc. | $225,000 | $95,000 | -57.8% | 0.0% |
SUNRISE FAMILY CREDIT UNION | $350,000 | $95,000 | -72.9% | 0.0% |
VAN DYK MORTGAGE CORPORATION | $95,000 | n/a | 0.0% | |
VIBE CREDIT UNION | $65,000 | $75,000 | 15.4% | 0.0% |
QUORUM FEDERAL CREDIT UNION | $45,000 | n/a | 0.0% |
MIDLAND's top lender by overall market share is DOW CHEMICAL EMPLOYEES', with 14.5% market share. In second place, with 11.5%, is QUICKEN LOANS, LLC, having originated $70,920,000 in loans. In third place, with 6.2%, is CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP, having originated $38,195,000 in loans. In third place, with 4.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $30,540,000 in loans. In third place, with 4.2%, is Isabella Bank, having originated $25,830,000 in loans.
MIDLAND, MI Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 1,481 | $285,245,000 | $192,603 |
Refi | 1,302 | $213,670,000 | $164,109 |
Cash Out Refi | 763 | $108,675,000 | $142,431 |
Home Improvement | 76 | $6,000,000 | $78,947 |
Other | 45 | $4,635,000 | $103,000 |
Midland's most frequently cited loan purpose was Home Purchase, with 1,481 originations. The 2nd most popular reason was Refi, with 1,302 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 1,475 | $255,205,000 | $173,020 |
2.5-3% | 1,217 | $212,135,000 | $174,310 |
<2.5% | 644 | $110,620,000 | $171,770 |
4-5% | 163 | $23,645,000 | $145,061 |
5-6% | 26 | $2,050,000 | $78,846 |
7-8% | 19 | $1,045,000 | $55,000 |
6-7% | 15 | $1,115,000 | $74,333 |
Over 8% | 14 | $840,000 | $60,000 |
During 2021, Midland's most frequently originated rate bucket was 3-4%, with 1,475 originations.
Loan Sizing (MIDLAND, MI MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 1,762 | $253,730,000 | $144,001 |
$100,000 or less | 906 | $61,900,000 | $68,322 |
$200k-400k | 869 | $228,245,000 | $262,652 |
$400k-600k | 103 | $49,235,000 | $478,010 |
$600k-1000k | 21 | $14,415,000 | $686,429 |
$Over $1MM | 6 | $10,700,000 | $1,783,333 |
MIDLAND's loan sizing saw the bucket of loans from $100k-200k with 1,762 originations, totaling $253,730,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 1,389 | $269,995,000 | $194,381 |
60-80% | 1,281 | $230,475,000 | $179,918 |
40-60% | 452 | $60,390,000 | $133,606 |
20-40% | 189 | $15,785,000 | $83,519 |
Under 20% | 123 | $6,665,000 | $54,187 |
Over 100% | 18 | $5,180,000 | $287,778 |
MIDLAND's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,389 originations, totaling $269,995,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - MIDLAND (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 | $171,500 (21.7%) | $243,271 (15.3%) | 0.00 | 277 |
2018-02-01 | $179,450 (20.1%) | $256,559 (9.4%) | 0.00 | 253 |
2018-03-01 | $179,000 (15.6%) | $243,659 (2.9%) | 0.00 | 302 |
2018-04-01 | $180,000 (0.1%) | $243,141 (-0.6%) | 0.00 | 285 |
2018-05-01 | $185,500 (-0.2%) | $243,261 (-1.5%) | 0.00 | 300 |
2018-06-01 | $180,000 (0.3%) | $238,426 (-1.3%) | 0.00 | 352 |
2018-07-01 | $179,900 (4.1%) | $237,433 (-0.6%) | 0.00 | 370 |
2018-08-01 | $187,450 (9.5%) | $236,231 (0.2%) | 0.00 | 365 |
2018-09-01 | $184,000 (8.2%) | $234,443 (-1.8%) | 0.00 | 402 |
2018-10-01 | $184,450 (8.7%) | $236,107 (0.0%) | 0.00 | 393 |
2018-11-01 | $167,750 (-5.5%) | $224,346 (-7.0%) | 0.00 | 374 |
2018-12-01 | $169,900 (-2.3%) | $226,226 (-6.3%) | 0.00 | 313 |
2019-01-01 | $172,400 (0.5%) | $224,145 (-7.9%) | 0.00 | 274 |
2019-02-01 | $179,950 (0.3%) | $234,198 (-8.7%) | 0.00 | 267 |
2019-03-01 | $183,857 (2.7%) | $235,867 (-3.2%) | 0.00 | 267 |
2019-04-01 | $194,000 (7.8%) | $239,763 (-1.4%) | 0.00 | 271 |
2019-05-01 | $217,450 (17.2%) | $253,443 (4.2%) | 0.00 | 287 |
2019-06-01 | $205,000 (13.9%) | $250,701 (5.2%) | 0.00 | 316 |
2019-07-01 | $224,400 (24.7%) | $258,690 (9.0%) | 0.00 | 333 |
2019-08-01 | $209,900 (12.0%) | $250,209 (5.9%) | 0.00 | 350 |
2019-09-01 | $190,950 (3.8%) | $235,757 (0.6%) | 0.00 | 380 |
2019-10-01 | $187,400 (1.6%) | $225,140 (-4.7%) | 0.00 | 392 |
2019-11-01 | $187,900 (12.0%) | $227,544 (1.4%) | 0.00 | 374 |
2019-12-01 | $184,700 (8.7%) | $229,468 (1.4%) | 0.00 | 338 |
2020-01-01 | $179,450 (4.1%) | $226,331 (1.0%) | 0.00 | 285 |
2020-02-01 | $205,000 (13.9%) | $251,848 (7.5%) | 0.00 | 257 |
2020-03-01 | $224,750 (22.2%) | $270,759 (14.8%) | 0.00 | 238 |
2020-04-01 | $234,450 (20.9%) | $278,710 (16.2%) | 0.00 | 211 |
2020-05-01 | $234,997 (8.1%) | $289,883 (14.4%) | 0.00 | 214 |
2020-06-01 | $239,450 (16.8%) | $296,908 (18.4%) | 0.00 | 194 |
2020-07-01 | $249,350 (11.1%) | $283,081 (9.4%) | 0.00 | 180 |
2020-08-01 | $230,000 (9.6%) | $282,871 (13.1%) | 0.00 | 170 |
2020-09-01 | $217,400 (13.9%) | $272,712 (15.7%) | 0.00 | 173 |
2020-10-01 | $184,900 (-1.3%) | $239,409 (6.3%) | 0.00 | 189 |
2020-11-01 | $192,450 (2.4%) | $260,113 (14.3%) | 0.00 | 172 |
2020-12-01 | $199,950 (8.3%) | $259,831 (13.2%) | 0.00 | 163 |
2021-01-01 | $199,900 (11.4%) | $278,265 (23.0%) | 0.00 | 112 |
2021-02-01 | $199,400 (-2.7%) | $285,556 (13.4%) | 0.00 | 93 |
2021-03-01 | $240,000 (6.8%) | $332,795 (22.9%) | 0.00 | 97 |
2021-04-01 | $272,300 (16.1%) | $330,933 (18.7%) | 0.00 | 101 |
2021-05-01 | $238,000 (1.3%) | $330,497 (14.0%) | 0.00 | 133 |
2021-06-01 | $276,950 (15.7%) | $352,654 (18.8%) | 0.00 | 127 |
2021-07-01 | $255,500 (2.5%) | $335,564 (18.5%) | 0.00 | 148 |
2021-08-01 | $234,950 (2.2%) | $305,572 (8.0%) | 0.00 | 139 |
2021-09-01 | $229,900 (5.8%) | $291,485 (6.9%) | 0.00 | 134 |
2021-10-01 | $225,000 (21.7%) | $270,890 (13.2%) | 0.00 | 141 |
2021-11-01 | $199,999 (3.9%) | $265,389 (2.0%) | 0.00 | 128 |
2021-12-01 | $222,450 (11.3%) | $283,091 (9.0%) | 0.00 | 89 |
2022-01-01 | $239,900 (20.0%) | $306,121 (10.0%) | 0.00 | 68 |
2022-02-01 | $264,450 (32.6%) | $352,496 (23.4%) | 0.00 | 62 |
2022-03-01 | $249,900 (4.1%) | $338,073 (1.6%) | 0.00 | 64 |
2022-04-01 | $250,000 (-8.2%) | $334,910 (1.2%) | 0.00 | 75 |
MIDLAND's median listing price comes in at 0% of the national average.
MIDLAND's average listing price for 2022-04-01 was $334,910, a difference of $3,977 (1.2%) versus the prior year and $-3,163 versus the prior month.
For the 2022-04-01 period, MIDLAND had 75 MLS listings, a difference of 11 listings (17%) versus the prior month and -26 listings (-26%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - MIDLAND (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,802 sqft |
2018-02-01 | 0 days | 1,837 sqft |
2018-03-01 | 0 days | 1,591 sqft |
2018-04-01 | 0 days | 1,404 sqft |
2018-05-01 | 0 days | 1,427 sqft |
2018-06-01 | 0 days | 1,450 sqft |
2018-07-01 | 0 days | 1,488 sqft |
2018-08-01 | 0 days | 1,523 sqft |
2018-09-01 | 0 days | 1,817 sqft |
2018-10-01 | 0 days | 1,991 sqft |
2018-11-01 | 0 days | 1,950 sqft |
2018-12-01 | 0 days | 1,900 sqft |
2019-01-01 | 0 days | 1,818 sqft |
2019-02-01 | 0 days | 1,847 sqft |
2019-03-01 | 0 days | 1,766 sqft |
2019-04-01 | 0 days | 1,738 sqft |
2019-05-01 | 0 days | 1,855 sqft |
2019-06-01 | 0 days | 1,808 sqft |
2019-07-01 | 0 days | 1,850 sqft |
2019-08-01 | 0 days | 1,829 sqft |
2019-09-01 | 0 days | 1,804 sqft |
2019-10-01 | 0 days | 1,750 sqft |
2019-11-01 | 0 days | 1,755 sqft |
2019-12-01 | 0 days | 1,749 sqft |
2020-01-01 | 0 days | 1,768 sqft |
2020-02-01 | 0 days | 1,808 sqft |
2020-03-01 | 0 days | 1,824 sqft |
2020-04-01 | 0 days | 1,826 sqft |
2020-05-01 | 0 days | 1,829 sqft |
2020-06-01 | 0 days | 1,808 sqft |
2020-07-01 | 0 days | 1,851 sqft |
2020-08-01 | 0 days | 1,936 sqft |
2020-09-01 | 0 days | 1,746 sqft |
2020-10-01 | 0 days | 1,636 sqft |
2020-11-01 | 0 days | 1,652 sqft |
2020-12-01 | 0 days | 1,733 sqft |
2021-01-01 | 0 days | 1,778 sqft |
2021-02-01 | 0 days | 1,612 sqft |
2021-03-01 | 0 days | 1,680 sqft |
2021-04-01 | 0 days | 1,755 sqft |
2021-05-01 | 0 days | 1,700 sqft |
2021-06-01 | 0 days | 1,958 sqft |
2021-07-01 | 0 days | 1,804 sqft |
2021-08-01 | 0 days | 1,800 sqft |
2021-09-01 | 0 days | 1,770 sqft |
2021-10-01 | 0 days | 1,695 sqft |
2021-11-01 | 0 days | 1,517 sqft |
2021-12-01 | 0 days | 1,640 sqft |
2022-01-01 | 0 days | 1,592 sqft |
2022-02-01 | 0 days | 1,668 sqft |
2022-03-01 | 0 days | 1,555 sqft |
2022-04-01 | 0 days | 1,636 sqft |
MIDLAND's median square footage for active listings during the 2022-04-01 period was 1,636 sqft. One year prior, the average listing was 1,755 sqft.