MIDLAND Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Midland averaged
6.6%
for the week of 2022-11-23, compared to the national average of
6.58% for the same period.
The average rate for the prior week (2022-11-17) was
6.63% and
one month ago for the week of 2022-10-20, the
average rate was 7.16%.
Midland's average rate one year ago was 3.09%.
For refis of the same type during the week of 2022-11-23, the average rate
was 6.69%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-11-23 | 6.58% |
| Midland 30 Year Fixed Rate | 2022-11-23 | 6.6% |
| Midland 30 Year Fixed Rate Refi | 2022-11-23 | 6.69% |
| Midland 15 Year Fixed Rate | 2022-11-23 | 6.01% |
| Midland 15 Year Fixed Rate Refi | 2022-11-23 | 6.17% |
| Midland 30 Year FHA | 2022-11-23 | 0.2% |
| Midland 30 Year FHA Refi | 2022-11-23 | 0.11% |
| Midland 30 Year USDA | 2022-11-23 | 5.74% |
| Midland 30 Year VA | 2022-11-23 | 0.5% |
| Midland 30 Year VA Refi | 2022-11-23 | -0.14% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within MIDLAND, TX.
MIDLAND 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 MIDLAND, TX 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 Average Closing Costs & Other Stats
MIDLAND, TX's 226 lenders originated 6,475
loans during 2021. The total origination value was $1,785,635,000, with an average loan value of
$275,774.
MIDLAND's average closing costs are $6,139.
The top MIDLAND lender as defined by loan originations is LRS FINANCIAL NETWORK, INC., with
355 loans originated. Their average total fees are
$4,804, which is $846
lower than the next largest lender,
PRIMELENDING, A PLAINSCAPITAL COMPANY.
The lowest fee MIDLAND lenders (with over 10 loans originated) are
PREMIA MORTGAGE, LLC ($1,374), FREEDOM MORTGAGE CORPORATION ($3,088), Wells Fargo Bank ($3,237), EVERETT FINANCIAL, INC. ($3,240) and Truity Federal Credit Union ($3,248).
The lowest rate MIDLAND lenders (with over 10 loans originated) are
CHEVRON (2.49%), Bank of America (2.82%), BETTER MORTGAGE CORPORATION (2.87%), PREMIA MORTGAGE, LLC (2.90%) and LRS FINANCIAL NETWORK, INC. (2.92%).
MIDLAND, TX 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $148,145,000 | $154,550,000 | 4.3% | 8.7% |
| LRS FINANCIAL NETWORK, INC. | $202,365,000 | $152,840,000 | -24.5% | 8.6% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $120,485,000 | $121,880,000 | 1.2% | 6.8% |
| QUICKEN LOANS, LLC | $123,110,000 | $120,485,000 | -2.1% | 6.7% |
| DHI MORTGAGE COMPANY, LTD. | $74,210,000 | $85,035,000 | 14.6% | 4.8% |
| FREEDOM MORTGAGE CORPORATION | $65,850,000 | $51,920,000 | -21.2% | 2.9% |
| Community National Bank | $75,060,000 | $51,130,000 | -31.9% | 2.9% |
| Prosperity Bank | $10,900,000 | $50,480,000 | 363.1% | 2.8% |
| Wells Fargo Bank | $36,935,000 | $48,500,000 | 31.3% | 2.7% |
| First Bank & Trust | $45,115,000 | $38,300,000 | -15.1% | 2.1% |
| Gateway First Bank | $35,335,000 | $38,210,000 | 8.1% | 2.1% |
| AMCAP MORTGAGE, LTD. | $28,260,000 | $30,710,000 | 8.7% | 1.7% |
| Southwest Bank | $36,370,000 | $27,600,000 | -24.1% | 1.5% |
| JPMorgan Chase Bank | $34,960,000 | $27,455,000 | -21.5% | 1.5% |
| SECURITYNATIONAL MORTGAGE COMPANY | $10,465,000 | $24,730,000 | 136.3% | 1.4% |
| LOANDEPOT.COM, LLC | $14,840,000 | $23,880,000 | 60.9% | 1.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $19,840,000 | $23,230,000 | 17.1% | 1.3% |
| PENNYMAC LOAN SERVICES, LLC | $13,660,000 | $21,405,000 | 56.7% | 1.2% |
| PREMIA MORTGAGE, LLC | $7,195,000 | $19,310,000 | 168.4% | 1.1% |
| LAKEVIEW LOAN SERVICING, LLC | $13,625,000 | $18,005,000 | 32.1% | 1.0% |
| Mortgage Research Center, LLC | $13,390,000 | $16,595,000 | 23.9% | 0.9% |
| CHEVRON | $13,195,000 | $16,290,000 | 23.5% | 0.9% |
| UNITED WHOLESALE MORTGAGE, LLC | $20,000,000 | $16,130,000 | -19.4% | 0.9% |
| 21ST MORTGAGE CORPORATION | $23,925,000 | $16,120,000 | -32.6% | 0.9% |
| EVERETT FINANCIAL, INC. | $57,685,000 | $15,370,000 | -73.4% | 0.9% |
| NATIONS RELIABLE LENDING, LLC | $6,570,000 | $14,600,000 | 122.2% | 0.8% |
| BETTER MORTGAGE CORPORATION | $10,290,000 | $14,405,000 | 40.0% | 0.8% |
| INFINITY MORTGAGE HOLDINGS, LLC | $15,760,000 | $13,140,000 | -16.6% | 0.7% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $9,470,000 | $12,505,000 | 32.0% | 0.7% |
| SFMC, LP | $11,895,000 | $11,845,000 | -0.4% | 0.7% |
| AMERISAVE MORTGAGE CORPORATION | $11,100,000 | $11,220,000 | 1.1% | 0.6% |
| FBC MORTGAGE, LLC | $23,830,000 | $11,150,000 | -53.2% | 0.6% |
| U.S. Bank | $10,225,000 | $11,130,000 | 8.9% | 0.6% |
| City Bank | $11,815,000 | $10,885,000 | -7.9% | 0.6% |
| Lakeview Community Capital, LLC | $5,840,000 | $10,845,000 | 85.7% | 0.6% |
| NEWREZ LLC | $6,185,000 | $10,765,000 | 74.1% | 0.6% |
| MID AMERICA MORTGAGE, INC. | $7,790,000 | $9,795,000 | 25.7% | 0.5% |
| CALIBER HOME LOANS, INC. | $12,795,000 | $9,730,000 | -24.0% | 0.5% |
| FirstCapital Bank of Texas | $8,525,000 | $8,880,000 | 4.2% | 0.5% |
| Frost Bank | $11,135,000 | $8,770,000 | -21.2% | 0.5% |
| CERTAINTY HOME LOANS, LLC | $195,000 | $8,735,000 | 4,379.5% | 0.5% |
| LOANPAL, LLC | $10,200,000 | $8,720,000 | -14.5% | 0.5% |
| Nations Lending Corporation | $7,545,000 | $8,340,000 | 10.5% | 0.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $9,430,000 | $8,250,000 | -12.5% | 0.5% |
| Complex Community Federal Credit Union | $11,180,000 | $7,960,000 | -28.8% | 0.4% |
| Bank of America | $13,410,000 | $7,905,000 | -41.1% | 0.4% |
| CHURCHILL MORTGAGE CORPORATION | $11,125,000 | $7,765,000 | -30.2% | 0.4% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $6,115,000 | $7,615,000 | 24.5% | 0.4% |
| Truist Bank | $5,300,000 | $7,605,000 | 43.5% | 0.4% |
| HOME POINT FINANCIAL CORPORATION | $3,105,000 | $6,575,000 | 111.8% | 0.4% |
| USAA Federal Savings Bank | $8,740,000 | $6,565,000 | -24.9% | 0.4% |
| Citizens Bank | $5,440,000 | $6,150,000 | 13.1% | 0.3% |
| AmeriHome Mortgage Company, LLC | $8,310,000 | $6,090,000 | -26.7% | 0.3% |
| TEXAS TECH | $7,420,000 | $5,765,000 | -22.3% | 0.3% |
| First Financial Bank | $4,415,000 | $5,580,000 | 26.4% | 0.3% |
| Morgan Stanley Private Bank | $5,555,000 | n/a | 0.3% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $4,190,000 | $5,315,000 | 26.8% | 0.3% |
| MTCU | $6,110,000 | $5,260,000 | -13.9% | 0.3% |
| Truity Federal Credit Union | $5,220,000 | n/a | 0.3% | |
| Flagstar Bank, FSB | $3,025,000 | $5,015,000 | 65.8% | 0.3% |
| BROKER SOLUTIONS, INC. | $5,055,000 | $4,780,000 | -5.4% | 0.3% |
| HOMESIDE FINANCIAL, LLC | $235,000 | $4,490,000 | 1,810.6% | 0.3% |
| GUILD MORTGAGE COMPANY | $5,920,000 | $4,250,000 | -28.2% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $8,170,000 | $4,225,000 | -48.3% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,980,000 | $4,205,000 | 41.1% | 0.2% |
| GUARANTEED RATE, INC. | $6,225,000 | $4,180,000 | -32.9% | 0.2% |
| Network Funding, L.P. | $4,305,000 | $3,885,000 | -9.8% | 0.2% |
| CLEARPATH LENDING | $2,650,000 | $3,660,000 | 38.1% | 0.2% |
| SWBC MORTGAGE CORPORATION | $1,345,000 | $3,640,000 | 170.6% | 0.2% |
| NATIONS DIRECT MORTGAGE, LLC | $2,875,000 | $3,560,000 | 23.8% | 0.2% |
| First Guaranty Mortgage Corporation | $3,660,000 | $3,500,000 | -4.4% | 0.2% |
| PLANET HOME LENDING, LLC | $3,405,000 | $3,465,000 | 1.8% | 0.2% |
| Republic State Mortgage Co. | $5,850,000 | $3,430,000 | -41.4% | 0.2% |
| Bank of England | $1,365,000 | $3,290,000 | 141.0% | 0.2% |
| KELLER MORTGAGE, LLC | $8,190,000 | $3,210,000 | -60.8% | 0.2% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,060,000 | $3,210,000 | 202.8% | 0.2% |
| Ally Bank | $2,370,000 | $3,175,000 | 34.0% | 0.2% |
| JMAC LENDING, INC. | $1,740,000 | $3,175,000 | 82.5% | 0.2% |
| Evolve Bank & Trust | $4,930,000 | $3,085,000 | -37.4% | 0.2% |
| CMG MORTGAGE, INC. | $2,175,000 | $2,950,000 | 35.6% | 0.2% |
| VILLAGE CAPITAL & INVESTMENT LLC | $5,760,000 | $2,945,000 | -48.9% | 0.2% |
| InterContinental Capital Group, Inc | $3,665,000 | $2,940,000 | -19.8% | 0.2% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $5,055,000 | $2,910,000 | -42.4% | 0.2% |
| PNC Bank | $31,690,000 | $2,875,000 | -90.9% | 0.2% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $2,155,000 | $2,815,000 | 30.6% | 0.2% |
| NBKC BANK | $1,410,000 | $2,815,000 | 99.6% | 0.2% |
| THRIVE MORTGAGE, LLC | $380,000 | $2,815,000 | 640.8% | 0.2% |
| Happy State Bank | $1,835,000 | $2,730,000 | 48.8% | 0.2% |
| SOUTHWEST STAGE FUNDING, LLC | $8,925,000 | $2,730,000 | -69.4% | 0.2% |
| MOVEMENT MORTGAGE, LLC | $6,185,000 | $2,650,000 | -57.2% | 0.1% |
| RBC Bank, (Georgia) | $305,000 | $2,600,000 | 752.5% | 0.1% |
| NAVY FEDERAL CREDIT UNION | $1,490,000 | $2,595,000 | 74.2% | 0.1% |
| CHERRY CREEK MORTGAGE, LLC | $5,935,000 | $2,565,000 | -56.8% | 0.1% |
| Commerce Home Mortgage, Inc. | $1,695,000 | $2,520,000 | 48.7% | 0.1% |
| MORTGAGE FINANCIAL SERVICES, LLC | $2,795,000 | $2,310,000 | -17.4% | 0.1% |
| Colonial Savings, F.A. | $5,795,000 | $2,200,000 | -62.0% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $7,115,000 | $2,115,000 | -70.3% | 0.1% |
| Cf Bank | $1,425,000 | $2,025,000 | 42.1% | 0.1% |
| Goldman Sachs Bank USA | $2,005,000 | n/a | 0.1% | |
| ASPIRE FINANCIAL, INC. | $3,605,000 | $2,000,000 | -44.5% | 0.1% |
| UNION HOME MORTGAGE CORP. | $1,310,000 | $1,985,000 | 51.5% | 0.1% |
| CORNERSTONE HOME LENDING, INC. | $4,925,000 | $1,940,000 | -60.6% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $2,430,000 | $1,930,000 | -20.6% | 0.1% |
| AMERICAN FINANCING CORPORATION | $1,300,000 | $1,895,000 | 45.8% | 0.1% |
| First Mortgage Solutions, LLC | $580,000 | $1,840,000 | 217.2% | 0.1% |
| First United Bank | $1,545,000 | $1,835,000 | 18.8% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,815,000 | n/a | 0.1% | |
| PLAZA HOME MORTGAGE, INC. | $2,080,000 | $1,780,000 | -14.4% | 0.1% |
| Amerifirst Financial, Inc. | $7,150,000 | $1,695,000 | -76.3% | 0.1% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $2,100,000 | $1,685,000 | -19.8% | 0.1% |
| Carrington Mortgage Services, LLC | $2,015,000 | $1,660,000 | -17.6% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,030,000 | $1,655,000 | 60.7% | 0.1% |
| BBVA USA | $3,760,000 | $1,640,000 | -56.4% | 0.1% |
| SECURITY SERVICE | $2,475,000 | $1,640,000 | -33.7% | 0.1% |
| First United Bank and Trust Company | $3,680,000 | $1,625,000 | -55.8% | 0.1% |
| SOUTHWEST FUNDING, LP | $9,080,000 | $1,580,000 | -82.6% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $360,000 | $1,580,000 | 338.9% | 0.1% |
| The Huntington National Bank | $2,395,000 | $1,575,000 | -34.2% | 0.1% |
| RANDOLPH-BROOKS | $2,310,000 | $1,440,000 | -37.7% | 0.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $2,490,000 | $1,425,000 | -42.8% | 0.1% |
| SCHLUMBERGER EMPLOYEES CREDIT UNION | $245,000 | $1,425,000 | 481.6% | 0.1% |
| GREAT WESTERN FINANCIAL SERVICES, INC. | $2,695,000 | $1,420,000 | -47.3% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $1,635,000 | $1,400,000 | -14.4% | 0.1% |
| WILLOW BEND MORTGAGE COMPANY, LLC | $2,225,000 | $1,400,000 | -37.1% | 0.1% |
| North American Savings Bank, F.S.B. | $315,000 | $1,350,000 | 328.6% | 0.1% |
| Assurance Financial Group, L.L.C. | $935,000 | $1,340,000 | 43.3% | 0.1% |
| Loan Simple, Inc. | $1,315,000 | n/a | 0.1% | |
| First Southern National Bank | $1,305,000 | n/a | 0.1% | |
| LOANFLIGHT LENDING, LLC | $1,305,000 | n/a | 0.1% | |
| UBS Bank USA | $2,560,000 | $1,280,000 | -50.0% | 0.1% |
| International Bank of Commerce | $1,525,000 | $1,270,000 | -16.7% | 0.1% |
| The Federal Savings Bank | $315,000 | $1,270,000 | 303.2% | 0.1% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $3,450,000 | $1,265,000 | -63.3% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $3,930,000 | $1,260,000 | -67.9% | 0.1% |
| PILGRIM MORTGAGE LLC | $225,000 | $1,245,000 | 453.3% | 0.1% |
| KS StateBank | $1,225,000 | n/a | 0.1% | |
| SIRVA MORTGAGE, INC. | $1,940,000 | $1,220,000 | -37.1% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $2,920,000 | $1,185,000 | -59.4% | 0.1% |
| Northpointe Bank | $1,255,000 | $1,180,000 | -6.0% | 0.1% |
| Encompass Lending Group, LP | $1,155,000 | n/a | 0.1% | |
| Neighborhood Loans, Inc. | $1,150,000 | n/a | 0.1% | |
| Waterstone Mortgage Corporation | $460,000 | $1,080,000 | 134.8% | 0.1% |
| BOKF | $1,850,000 | $1,070,000 | -42.2% | 0.1% |
| Simmons Bank | $735,000 | $1,055,000 | 43.5% | 0.1% |
| AMERICA'S CHOICE HOME LOANS LP | $970,000 | $1,045,000 | 7.7% | 0.1% |
| NEW DAY FINANCIAL, LLC | $1,775,000 | $1,030,000 | -42.0% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $1,120,000 | $1,025,000 | -8.5% | 0.1% |
| CERTIFIED FUNDING, L.P. | $780,000 | $1,010,000 | 29.5% | 0.1% |
| FINANCE OF AMERICA COMMERCIAL LLC | $1,010,000 | n/a | 0.1% | |
| Origin Bank | $1,005,000 | n/a | 0.1% | |
| NETWORK CAPITAL FUNDING CORPORATION | $980,000 | n/a | 0.1% | |
| GUARANTEED RATE AFFINITY, LLC | $1,810,000 | $975,000 | -46.1% | 0.1% |
| INTERLINC MORTGAGE SERVICES, LLC | $2,640,000 | $965,000 | -63.4% | 0.1% |
| Chicago Mortgage Solutions LLC | $950,000 | n/a | 0.1% | |
| DAS Acquisition Company, LLC | $1,090,000 | $935,000 | -14.2% | 0.1% |
| AMERICAN ADVISORS GROUP | $615,000 | $920,000 | 49.6% | 0.1% |
| INTEGRITY MORTGAGE CORPORATION OF TEXAS | $455,000 | $895,000 | 96.7% | 0.1% |
| NP, Inc. | $660,000 | $875,000 | 32.6% | 0.0% |
| Inwood National Bank | $1,265,000 | $865,000 | -31.6% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $410,000 | $855,000 | 108.5% | 0.0% |
| ZILLOW HOME LOANS, LLC | $255,000 | $850,000 | 233.3% | 0.0% |
| Stifel Bank and Trust | $845,000 | n/a | 0.0% | |
| Strong Home Mortgage, LLC | $845,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $335,000 | $835,000 | 149.3% | 0.0% |
| MEMBER HOME LOAN, L.L.C. | $105,000 | $830,000 | 690.5% | 0.0% |
| American National Bank & Trust | $825,000 | n/a | 0.0% | |
| Barrington Bank & Trust Company, N.A. | $550,000 | $820,000 | 49.1% | 0.0% |
| TIAA, FSB | $4,680,000 | $820,000 | -82.5% | 0.0% |
| ARC HOME LLC | $295,000 | $815,000 | 176.3% | 0.0% |
| LEGACY MORTGAGE LLC | $785,000 | $810,000 | 3.2% | 0.0% |
| CIVIC FINANCIAL SERVICES, LLC | $360,000 | $800,000 | 122.2% | 0.0% |
| Prosperity Home Mortgage, LLC | $215,000 | $800,000 | 272.1% | 0.0% |
| ADVANCIAL | $755,000 | $780,000 | 3.3% | 0.0% |
| LEGEND LENDING CORPORATION | $760,000 | n/a | 0.0% | |
| EVANSVILLE TEACHERS | $755,000 | n/a | 0.0% | |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $385,000 | $735,000 | 90.9% | 0.0% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $2,955,000 | $730,000 | -75.3% | 0.0% |
| MORTGAGE ACCESS CORP. | $4,125,000 | $720,000 | -82.5% | 0.0% |
| RESIDENTIAL BANCORP. | $720,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $710,000 | $710,000 | 0.0% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $395,000 | $695,000 | 75.9% | 0.0% |
| COUNTRYPLACE MORTGAGE, LTD. | $415,000 | $695,000 | 67.5% | 0.0% |
| Equity Prime Mortgage LLC | $735,000 | $690,000 | -6.1% | 0.0% |
| H E B | $675,000 | n/a | 0.0% | |
| NexBank | $2,365,000 | $665,000 | -71.9% | 0.0% |
| SOVEREIGN LENDING GROUP INCORPORATED | $665,000 | n/a | 0.0% | |
| CSL Financial, LLC | $460,000 | $660,000 | 43.5% | 0.0% |
| American Momentum Bank | $3,520,000 | $655,000 | -81.4% | 0.0% |
| Hometown Lenders, Inc. | $205,000 | $640,000 | 212.2% | 0.0% |
| ACCELERATE MORTGAGE, LLC | $630,000 | n/a | 0.0% | |
| Alliance Credit Union | $1,020,000 | $615,000 | -39.7% | 0.0% |
| MORIA DEVELOPMENT, INC. | $880,000 | $615,000 | -30.1% | 0.0% |
| Town Square Mortgage & Investments, Inc. | $275,000 | $610,000 | 121.8% | 0.0% |
| LENDERFI, INC. | $295,000 | $580,000 | 96.6% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $410,000 | $550,000 | 34.1% | 0.0% |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $545,000 | n/a | 0.0% | |
| First Liberty Bank | $545,000 | n/a | 0.0% | |
| Security State Bank & Trust | $545,000 | n/a | 0.0% | |
| UIF CORPORATION | $520,000 | n/a | 0.0% | |
| MEMBER FIRST MORTGAGE, LLC | $550,000 | $515,000 | -6.4% | 0.0% |
| Regions Bank | $1,300,000 | $515,000 | -60.4% | 0.0% |
| F & M Bank | $510,000 | n/a | 0.0% | |
| Texas Bank Financial | $515,000 | $510,000 | -1.0% | 0.0% |
| Citizens State Bank | $375,000 | $500,000 | 33.3% | 0.0% |
| EMBRACE HOME LOANS, INC. | $235,000 | $490,000 | 108.5% | 0.0% |
| Goldwater Bank, N.A. | $1,210,000 | $480,000 | -60.3% | 0.0% |
| HOMETRUST MORTGAGE COMPANY | $1,235,000 | $480,000 | -61.1% | 0.0% |
| Vantage Bank Texas | $480,000 | n/a | 0.0% | |
| PARKSIDE LENDING, LLC | $465,000 | n/a | 0.0% | |
| First Savings Bank | $750,000 | $460,000 | -38.7% | 0.0% |
| Citadel Servicing Corporation | $455,000 | n/a | 0.0% | |
| ONY GLO, INC. | $455,000 | n/a | 0.0% | |
| Southside Bank | $455,000 | n/a | 0.0% | |
| BM Real Estate Services, Inc. | $445,000 | n/a | 0.0% | |
| OAKTREE FUNDING CORP. | $435,000 | n/a | 0.0% | |
| Baxter Credit Union | $475,000 | $430,000 | -9.5% | 0.0% |
| Midwest Mortgage Associates Corporation | $215,000 | $430,000 | 100.0% | 0.0% |
| BAY EQUITY LLC | $135,000 | $425,000 | 214.8% | 0.0% |
| BTH Bank | $245,000 | $425,000 | 73.5% | 0.0% |
| DRAPER AND KRAMER MORTGAGE CORP. | $425,000 | n/a | 0.0% | |
| Texas Capital Bank | $425,000 | n/a | 0.0% | |
| GUARANTY HOME MORTGAGE CORPORATION | $760,000 | $415,000 | -45.4% | 0.0% |
| STEARNS LENDING, LLC | $905,000 | $410,000 | -54.7% | 0.0% |
| Allegiance Bank | $405,000 | n/a | 0.0% | |
| DATA MORTGAGE, INC. | $405,000 | n/a | 0.0% | |
| TEXAS DOW EMPLOYEES CREDIT UNION | $355,000 | $405,000 | 14.1% | 0.0% |
| UNIVERSITY LENDING GROUP, LLC | $405,000 | n/a | 0.0% | |
| Fifth Third Bank | $400,000 | n/a | 0.0% | |
| Axos Bank | $395,000 | n/a | 0.0% | |
| A+ Federal Credit Union | $55,000 | $390,000 | 609.1% | 0.0% |
| BNC National Bank | $385,000 | n/a | 0.0% | |
| Broadway National Bank | $705,000 | $385,000 | -45.4% | 0.0% |
| FIDELITY BANK | $195,000 | $380,000 | 94.9% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $380,000 | n/a | 0.0% | |
| First Bank | $1,055,000 | $370,000 | -64.9% | 0.0% |
| GSF Mortgage Corporation | $225,000 | $365,000 | 62.2% | 0.0% |
| LOANPEOPLE, LLC | $265,000 | $365,000 | 37.7% | 0.0% |
| MEGA CAPITAL FUNDING, INC. | $365,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $670,000 | $355,000 | -47.0% | 0.0% |
| Manufacturers and Traders Trust Company | $675,000 | $355,000 | -47.4% | 0.0% |
| NTFN, INC. | $845,000 | $355,000 | -58.0% | 0.0% |
| WRIGHT-PATT CREDIT UNION, INC. | $355,000 | n/a | 0.0% | |
| EECU | $345,000 | n/a | 0.0% | |
| First National Bank Texas | $975,000 | $335,000 | -65.6% | 0.0% |
| Independent Bank | $610,000 | $335,000 | -45.1% | 0.0% |
| Meridian Bank Corporation | $335,000 | n/a | 0.0% | |
| The First National Bank of Sonora | $335,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $330,000 | n/a | 0.0% | |
| OPEN MORTGAGE, LLC | $470,000 | $325,000 | -30.9% | 0.0% |
| Reliant Bank | $320,000 | n/a | 0.0% | |
| Amarillo National Bank | $1,300,000 | $315,000 | -75.8% | 0.0% |
| First Home Bank | $975,000 | $315,000 | -67.7% | 0.0% |
| IMPAC MORTGAGE CORP. | $315,000 | n/a | 0.0% | |
| Magnolia Bank | $315,000 | n/a | 0.0% | |
| MICHIGAN MUTUAL, INC. | $485,000 | $315,000 | -35.1% | 0.0% |
| Texas Mortgage Lending, LLC | $315,000 | n/a | 0.0% | |
| The First National Bank of McGregor | $315,000 | n/a | 0.0% | |
| WINNPOINTE CORPORATION | $315,000 | n/a | 0.0% | |
| Commerce Bank | $915,000 | $305,000 | -66.7% | 0.0% |
| TriStar Bank | $305,000 | n/a | 0.0% | |
| CASTLE & COOKE MORTGAGE, LLC | $300,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $295,000 | n/a | 0.0% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $865,000 | $295,000 | -65.9% | 0.0% |
| VAN DYK MORTGAGE CORPORATION | $165,000 | $295,000 | 78.8% | 0.0% |
| First National Bank of Omaha | $285,000 | n/a | 0.0% | |
| Herring Bank | $620,000 | $285,000 | -54.0% | 0.0% |
| S1L, Inc. | $505,000 | $285,000 | -43.6% | 0.0% |
| SIWELL, INC. | $95,000 | $285,000 | 200.0% | 0.0% |
| S&S Financial | $285,000 | n/a | 0.0% | |
| ANGEL OAK HOME LOANS LLC | $275,000 | n/a | 0.0% | |
| 1ST FINANCIAL, INC. | $265,000 | n/a | 0.0% | |
| Alcova Mortgage LLC | $265,000 | n/a | 0.0% | |
| Watermark Capital, Inc. | $615,000 | $265,000 | -56.9% | 0.0% |
| BKCO MORTGAGE, LLC | $255,000 | n/a | 0.0% | |
| Citizens Bank & Trust Company of Vivian, Louisiana | $255,000 | n/a | 0.0% | |
| GMFS LLC | $570,000 | $255,000 | -55.3% | 0.0% |
| HOMESPIRE MORTGAGE CORPORATION | $255,000 | n/a | 0.0% | |
| Kwik Mortgage Corporation | $600,000 | $255,000 | -57.5% | 0.0% |
| LEADERONE FINANCIAL CORPORATION | $1,055,000 | $255,000 | -75.8% | 0.0% |
| SENTE MORTGAGE, INC. | $255,000 | n/a | 0.0% | |
| CityWorth Mortgage LLC | $420,000 | $245,000 | -41.7% | 0.0% |
| Ixonia Bank | $480,000 | $245,000 | -49.0% | 0.0% |
| Zions Bancorporation, N.A. | $1,130,000 | $245,000 | -78.3% | 0.0% |
| Commercial Bank of Texas | $215,000 | $235,000 | 9.3% | 0.0% |
| Fidelity Bank | $235,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $1,140,000 | $235,000 | -79.4% | 0.0% |
| SOFI LENDING CORP. | $1,685,000 | $235,000 | -86.1% | 0.0% |
| Western Bank | $780,000 | $235,000 | -69.9% | 0.0% |
| NAVY ARMY COMMUNITY CREDIT UNION | $225,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $5,225,000 | $225,000 | -95.7% | 0.0% |
| Austin Capital Bank SSB | $580,000 | $215,000 | -62.9% | 0.0% |
| BANKSOUTH MORTGAGE COMPANY, LLC | $215,000 | n/a | 0.0% | |
| BARTON CREEK LENDING GROUP, LLC | $630,000 | $215,000 | -65.9% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $315,000 | $215,000 | -31.7% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $235,000 | $205,000 | -12.8% | 0.0% |
| Colten Mortgage, LLC | $645,000 | $205,000 | -68.2% | 0.0% |
| FIRST COLONY MORTGAGE CORPORATION | $305,000 | $205,000 | -32.8% | 0.0% |
| TIB The Independent Bankersbank | $540,000 | $205,000 | -62.0% | 0.0% |
| ENVOY MORTGAGE, LTD | $280,000 | $195,000 | -30.4% | 0.0% |
| FirstBank | $745,000 | $195,000 | -73.8% | 0.0% |
| LOANLEADERS OF AMERICA, INC. | $580,000 | $195,000 | -66.4% | 0.0% |
| LENDINGHOME FUNDING CORPORATION | $555,000 | $190,000 | -65.8% | 0.0% |
| Low VA Rates, LLC | $340,000 | $185,000 | -45.6% | 0.0% |
| SUCCESS MORTGAGE PARTNERS, INC. | $165,000 | $185,000 | 12.1% | 0.0% |
| AAXY L.L.C. | $195,000 | $175,000 | -10.3% | 0.0% |
| Beeline Loans, Inc. | $175,000 | n/a | 0.0% | |
| HANCOCK MORTGAGE PARTNERS, LLC | $175,000 | n/a | 0.0% | |
| Texas First Bank | $170,000 | n/a | 0.0% | |
| AMWEST FUNDING CORP. | $165,000 | n/a | 0.0% | |
| Atlantic Home Loans, Inc. | $165,000 | n/a | 0.0% | |
| Guaranty Bank & Trust, N.A. | $165,000 | n/a | 0.0% | |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $245,000 | $165,000 | -32.7% | 0.0% |
| VERITAS FUNDING, LLC | $165,000 | n/a | 0.0% | |
| LENDSURE MORTGAGE CORP. | $305,000 | $155,000 | -49.2% | 0.0% |
| OCEANSIDE MORTGAGE COMPANY | $1,045,000 | $155,000 | -85.2% | 0.0% |
| CONSTRUCTIVE LOANS, LLC | $145,000 | n/a | 0.0% | |
| First Horizon Bank | $145,000 | n/a | 0.0% | |
| The First Liberty National Bank | $145,000 | n/a | 0.0% | |
| Discover Bank | $400,000 | $105,000 | -73.8% | 0.0% |
| SUMMIT FUNDING, INC. | $105,000 | n/a | 0.0% | |
| The Home Loan Expert LLC | $255,000 | $105,000 | -58.8% | 0.0% |
| Credit Union of Texas | $100,000 | $100,000 | 0.0% | 0.0% |
| BancFirst | $85,000 | n/a | 0.0% | |
| RED RIVER EMPLOYEES | $85,000 | n/a | 0.0% | |
| United Texas Credit Union | $85,000 | n/a | 0.0% | |
| 1ST COMMUNITY FEDERAL CREDIT UNION | $1,060,000 | $75,000 | -92.9% | 0.0% |
| InterBank | $75,000 | n/a | 0.0% | |
| PlainsCapital Bank | $75,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $310,000 | $55,000 | -82.3% | 0.0% |
| Citibank | $490,000 | $35,000 | -92.9% | 0.0% |
| ABILENE TEACHERS Federal Credit Union | $25,000 | n/a | 0.0% |
MIDLAND's top lender by overall market share is PRIMELENDING, A PLAINSCAPITAL COMPANY, with 8.7% market share. In second place, with 8.6%, is LRS FINANCIAL NETWORK, INC., having originated $152,840,000 in loans. In third place, with 6.8%, is ARK-LA-TEX FINANCIAL SERVICES, LLC., having originated $121,880,000 in loans. In fourth place, with 6.7%, is QUICKEN LOANS, LLC, having originated $120,485,000 in loans. In fifth place, with 4.8%, is DHI MORTGAGE COMPANY, LTD., having originated $85,035,000 in loans.
MIDLAND Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - MIDLAND (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 | $325,000 (30.0%) | $405,687 (23.2%) | 1.21 | 275 |
| 2018-02-01 | $346,700 (33.6%) | $477,639 (38.6%) | 1.26 | 258 |
| 2018-03-01 | $399,000 (43.0%) | $541,274 (49.0%) | 1.40 | 227 |
| 2018-04-01 | $366,825 (22.3%) | $525,930 (36.6%) | 1.24 | 244 |
| 2018-05-01 | $378,750 (31.5%) | $543,953 (48.1%) | 1.26 | 265 |
| 2018-06-01 | $360,000 (25.9%) | $520,583 (42.3%) | 1.20 | 312 |
| 2018-07-01 | $362,450 (25.0%) | $510,589 (38.8%) | 1.21 | 377 |
| 2018-08-01 | $356,000 (21.6%) | $496,171 (36.6%) | 1.19 | 400 |
| 2018-09-01 | $359,900 (21.7%) | $498,830 (34.3%) | 1.21 | 398 |
| 2018-10-01 | $372,500 (20.2%) | $506,553 (31.3%) | 1.26 | 401 |
| 2018-11-01 | $372,225 (18.5%) | $497,633 (26.4%) | 1.26 | 415 |
| 2018-12-01 | $359,950 (10.8%) | $497,080 (23.9%) | 1.24 | 376 |
| 2019-01-01 | $359,225 (10.5%) | $491,512 (21.2%) | 1.24 | 360 |
| 2019-02-01 | $359,950 (3.8%) | $496,544 (4.0%) | 1.22 | 352 |
| 2019-03-01 | $369,371 (-7.4%) | $487,957 (-9.9%) | 1.21 | 348 |
| 2019-04-01 | $390,950 (6.6%) | $501,291 (-4.7%) | 1.24 | 355 |
| 2019-05-01 | $413,200 (9.1%) | $508,954 (-6.4%) | 1.29 | 411 |
| 2019-06-01 | $399,900 (11.1%) | $478,111 (-8.2%) | 1.25 | 475 |
| 2019-07-01 | $399,450 (10.2%) | $479,880 (-6.0%) | 1.25 | 519 |
| 2019-08-01 | $394,473 (10.8%) | $468,487 (-5.6%) | 1.25 | 580 |
| 2019-09-01 | $386,332 (7.3%) | $451,462 (-9.5%) | 1.24 | 633 |
| 2019-10-01 | $379,750 (2.0%) | $437,451 (-13.6%) | 1.23 | 682 |
| 2019-11-01 | $370,000 (-0.6%) | $427,551 (-14.1%) | 1.21 | 669 |
| 2019-12-01 | $369,450 (2.6%) | $428,314 (-13.8%) | 1.23 | 605 |
| 2020-01-01 | $370,237 (3.1%) | $431,086 (-12.3%) | 1.24 | 578 |
| 2020-02-01 | $384,900 (6.9%) | $450,333 (-9.3%) | 1.26 | 560 |
| 2020-03-01 | $387,625 (4.9%) | $452,807 (-7.2%) | 1.21 | 635 |
| 2020-04-01 | $370,950 (-5.1%) | $434,967 (-13.2%) | 1.16 | 736 |
| 2020-05-01 | $360,000 (-12.9%) | $433,388 (-14.9%) | 1.09 | 839 |
| 2020-06-01 | $350,000 (-12.5%) | $428,884 (-10.3%) | 1.03 | 854 |
| 2020-07-01 | $342,500 (-14.3%) | $410,617 (-14.4%) | 0.99 | 879 |
| 2020-08-01 | $329,900 (-16.4%) | $405,496 (-13.5%) | 0.95 | 876 |
| 2020-09-01 | $331,500 (-14.2%) | $409,833 (-9.2%) | 0.95 | 828 |
| 2020-10-01 | $329,000 (-13.4%) | $403,245 (-7.8%) | 0.94 | 790 |
| 2020-11-01 | $329,900 (-10.8%) | $400,696 (-6.3%) | 0.96 | 805 |
| 2020-12-01 | $329,450 (-10.8%) | $401,564 (-6.3%) | 0.98 | 788 |
| 2021-01-01 | $325,000 (-12.2%) | $401,229 (-6.9%) | 0.97 | 759 |
| 2021-02-01 | $324,950 (-15.6%) | $410,472 (-8.9%) | 0.94 | 774 |
| 2021-03-01 | $323,938 (-16.4%) | $417,780 (-7.7%) | 0.92 | 745 |
| 2021-04-01 | $326,663 (-11.9%) | $428,050 (-1.6%) | 0.88 | 681 |
| 2021-05-01 | $333,500 (-7.4%) | $428,488 (-1.1%) | 0.88 | 643 |
| 2021-06-01 | $329,500 (-5.9%) | $425,189 (-0.9%) | 0.87 | 658 |
| 2021-07-01 | $337,270 (-1.5%) | $417,876 (1.8%) | 0.89 | 696 |
| 2021-08-01 | $335,000 (1.6%) | $413,150 (1.9%) | 0.89 | 712 |
| 2021-09-01 | $329,250 (-0.7%) | $409,857 (0.0%) | 0.88 | 695 |
| 2021-10-01 | $325,000 (-1.2%) | $402,651 (-0.2%) | 0.87 | 698 |
| 2021-11-01 | $325,000 (-1.5%) | $391,380 (-2.3%) | 0.87 | 674 |
| 2021-12-01 | $325,000 (-1.4%) | $384,484 (-4.3%) | 0.88 | 630 |
| 2022-01-01 | $325,000 (0.0%) | $385,720 (-3.9%) | 0.88 | 560 |
| 2022-02-01 | $325,000 (0.0%) | $380,232 (-7.4%) | 0.85 | 495 |
| 2022-03-01 | $329,900 (1.8%) | $395,142 (-5.4%) | 0.83 | 453 |
| 2022-04-01 | $340,030 (4.1%) | $418,430 (-2.3%) | 0.81 | 496 |
| 2022-05-01 | $342,250 (2.6%) | $425,982 (-0.6%) | 0.78 | 525 |
| 2022-06-01 | $349,950 (6.2%) | $426,072 (0.2%) | 0.78 | 559 |
| 2022-07-01 | $346,000 (2.6%) | $417,699 (0.0%) | 0.78 | 618 |
| 2022-08-01 | $340,000 (1.5%) | $411,615 (-0.4%) | 0.79 | 642 |
| 2022-09-01 | $349,371 (6.1%) | $418,014 (2.0%) | 0.82 | 660 |
| 2022-10-01 | $355,000 (9.2%) | $434,940 (8.0%) | 0.84 | 657 |
MIDLAND's median listing price for 2022-10-01 was $355,000, a difference of
$30,000
(9.2%) versus the prior year and
$5,629 versus the prior month.
MIDLAND's median listing price comes in at 84% of the national average.
MIDLAND's average listing price for 2022-10-01 was $434,940, a difference of $32,289 (8.0%) versus the prior year and $16,926 versus the prior month.
For the 2022-10-01 period, MIDLAND had 657 MLS listings, a difference of -3 listings (0%) versus the prior month and -41 listings (-6%) versus the prior year.
MIDLAND's median listing price comes in at 84% of the national average.
MIDLAND's average listing price for 2022-10-01 was $434,940, a difference of $32,289 (8.0%) versus the prior year and $16,926 versus the prior month.
For the 2022-10-01 period, MIDLAND had 657 MLS listings, a difference of -3 listings (0%) versus the prior month and -41 listings (-6%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - MIDLAND (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 56 days | 2,371 sqft |
| 2018-02-01 | 34 days | 2,441 sqft |
| 2018-03-01 | 34 days | 2,686 sqft |
| 2018-04-01 | 29 days | 2,523 sqft |
| 2018-05-01 | 27 days | 2,594 sqft |
| 2018-06-01 | 27 days | 2,506 sqft |
| 2018-07-01 | 30 days | 2,494 sqft |
| 2018-08-01 | 34 days | 2,457 sqft |
| 2018-09-01 | 43 days | 2,454 sqft |
| 2018-10-01 | 41 days | 2,476 sqft |
| 2018-11-01 | 43 days | 2,512 sqft |
| 2018-12-01 | 51 days | 2,481 sqft |
| 2019-01-01 | 51 days | 2,390 sqft |
| 2019-02-01 | 42 days | 2,391 sqft |
| 2019-03-01 | 39 days | 2,453 sqft |
| 2019-04-01 | 34 days | 2,527 sqft |
| 2019-05-01 | 32 days | 2,590 sqft |
| 2019-06-01 | 35 days | 2,565 sqft |
| 2019-07-01 | 38 days | 2,505 sqft |
| 2019-08-01 | 38 days | 2,476 sqft |
| 2019-09-01 | 41 days | 2,433 sqft |
| 2019-10-01 | 43 days | 2,402 sqft |
| 2019-11-01 | 49 days | 2,360 sqft |
| 2019-12-01 | 61 days | 2,344 sqft |
| 2020-01-01 | 64 days | 2,399 sqft |
| 2020-02-01 | 42 days | 2,455 sqft |
| 2020-03-01 | 42 days | 2,436 sqft |
| 2020-04-01 | 47 days | 2,357 sqft |
| 2020-05-01 | 52 days | 2,350 sqft |
| 2020-06-01 | 51 days | 2,328 sqft |
| 2020-07-01 | 52 days | 2,289 sqft |
| 2020-08-01 | 52 days | 2,240 sqft |
| 2020-09-01 | 58 days | 2,249 sqft |
| 2020-10-01 | 58 days | 2,221 sqft |
| 2020-11-01 | 60 days | 2,209 sqft |
| 2020-12-01 | 62 days | 2,207 sqft |
| 2021-01-01 | 62 days | 2,182 sqft |
| 2021-02-01 | 50 days | 2,185 sqft |
| 2021-03-01 | 54 days | 2,153 sqft |
| 2021-04-01 | 49 days | 2,170 sqft |
| 2021-05-01 | 52 days | 2,175 sqft |
| 2021-06-01 | 46 days | 2,171 sqft |
| 2021-07-01 | 40 days | 2,157 sqft |
| 2021-08-01 | 47 days | 2,167 sqft |
| 2021-09-01 | 54 days | 2,139 sqft |
| 2021-10-01 | 48 days | 2,100 sqft |
| 2021-11-01 | 50 days | 2,068 sqft |
| 2021-12-01 | 60 days | 2,074 sqft |
| 2022-01-01 | 64 days | 2,051 sqft |
| 2022-02-01 | 53 days | 2,017 sqft |
| 2022-03-01 | 44 days | 2,041 sqft |
| 2022-04-01 | 33 days | 2,099 sqft |
| 2022-05-01 | 39 days | 2,116 sqft |
| 2022-06-01 | 38 days | 2,173 sqft |
| 2022-07-01 | 39 days | 2,185 sqft |
| 2022-08-01 | 44 days | 2,138 sqft |
| 2022-09-01 | 48 days | 2,148 sqft |
| 2022-10-01 | 51 days | 2,150 sqft |
MIDLAND's median listing age (time on market) for 2022-10-01 was 51 days.
This
is 6%
longer
than the same period one year ago.
MIDLAND's median square footage for active listings during the 2022-10-01 period was 2,150 sqft. One year prior, the average listing was 2,100 sqft.
MIDLAND's median square footage for active listings during the 2022-10-01 period was 2,150 sqft. One year prior, the average listing was 2,100 sqft.
MIDLAND, TX Average Rent (2022)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 79701 | Midland, TX | $1,010 | $1,020 | $1,260 | $1,560 | $2,120 |
| 79702 | Midland, TX | $1,160 | $1,160 | $1,430 | $1,770 | $2,450 |
| 79703 | Midland, TX | $1,270 | $1,280 | $1,570 | $1,940 | $2,690 |
| 79704 | Midland, TX | $1,160 | $1,160 | $1,430 | $1,770 | $2,450 |
| 79705 | Midland, TX | $1,190 | $1,190 | $1,470 | $1,820 | $2,520 |
| 79706 | Midland, TX | $1,130 | $1,140 | $1,400 | $1,730 | $2,400 |
| 79707 | Midland, TX | $1,200 | $1,200 | $1,480 | $1,830 | $2,530 |
| 79708 | Midland, TX | $1,160 | $1,160 | $1,430 | $1,770 | $2,450 |
| 79710 | Midland, TX | $1,160 | $1,160 | $1,430 | $1,770 | $2,450 |
| 79712 | Midland, TX | $1,160 | $1,160 | $1,430 | $1,770 | $2,450 |
| 79758 | Midland, TX | $1,010 | $1,020 | $1,260 | $1,560 | $2,120 |
| 79765 | Midland, TX | $1,270 | $1,320 | $1,710 | $2,110 | $2,590 |
| 79766 | Midland, TX | $1,010 | $1,020 | $1,260 | $1,560 | $2,120 |
| 79782 | Midland, TX | $1,010 | $1,020 | $1,260 | $1,560 | $2,120 |
2022 Average & Median Rent Data Statistics
MIDLAND, TX average 1BR rent: $1,144, median: $1,160
MIDLAND, TX average 2BR rent: $1,416, median: $1,430
MIDLAND, TX average 3BR rent: $1,751, median: $1,770
MIDLAND, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 3,655 | $1,080,365,000 | $295,585 |
| Refi | 2,078 | $525,590,000 | $252,931 |
| Cash Out Refi | 650 | $164,290,000 | $252,754 |
| Home Improvement | 65 | $9,235,000 | $142,077 |
| Other | 27 | $6,155,000 | $227,963 |
Midland's most frequently cited loan purpose was Home Purchase, with 3,655 originations. The 2nd most popular reason was Refi, with 2,078 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 2,393 | $653,255,000 | $272,986 |
| 2.5-3% | 2,272 | $662,880,000 | $291,761 |
| <2.5% | 1,039 | $270,125,000 | $259,986 |
| 4-5% | 251 | $92,895,000 | $370,100 |
| Over 8% | 86 | $8,970,000 | $104,302 |
| 5-6% | 71 | $12,555,000 | $176,831 |
| 7-8% | 52 | $5,750,000 | $110,577 |
| 6-7% | 45 | $6,995,000 | $155,444 |
During 2021, Midland's most frequently originated rate bucket was 3-4%, with 2,393 originations.
Loan Sizing (MIDLAND, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 3,810 | $1,071,310,000 | $281,184 |
| $100k-200k | 1,487 | $239,355,000 | $160,965 |
| $400k-600k | 693 | $328,435,000 | $473,932 |
| $100,000 or less | 376 | $22,500,000 | $59,840 |
| $600k-1000k | 89 | $66,935,000 | $752,079 |
| $Over $1MM | 20 | $57,100,000 | $2,855,000 |
MIDLAND's loan sizing saw the bucket of loans from $200k-400k with 3,810 originations, totaling $1,071,310,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 3,443 | $971,295,000 | $282,107 |
| 60-80% | 1,614 | $470,570,000 | $291,555 |
| 40-60% | 503 | $146,585,000 | $291,421 |
| 20-40% | 175 | $28,115,000 | $160,657 |
| Under 20% | 124 | $4,710,000 | $37,984 |
| Over 100% | 77 | $25,915,000 | $336,558 |
MIDLAND's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,443 originations, totaling $971,295,000 in origination value.
