MONROE Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Monroe averaged
5.96%
for the week of 2022-06-30, compared to the national average of
5.7% for the same period.
The average rate for the prior week (2022-06-23) was
5.87% and
one month ago for the week of 2022-05-26, the
average rate was 5.46%.
Monroe's average rate one year ago was 3.28%.
For refis of the same type during the week of 2022-06-30, the average rate
was 5.69%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
| Monroe 30 Year Fixed Rate | 2022-06-30 | 5.96% |
| Monroe 30 Year Fixed Rate Refi | 2022-06-30 | 5.69% |
| Monroe 15 Year Fixed Rate | 2022-06-30 | 6% |
| Monroe 15 Year Fixed Rate Refi | 2022-06-30 | 5.13% |
| Monroe 30 Year FHA | 2022-06-30 | 5.69% |
| Monroe 30 Year FHA Refi | 2022-06-30 | 5.44% |
| Monroe 30 Year USDA | 2022-06-30 | 5.51% |
| Monroe 30 Year USDA Refi | 2022-06-30 | 5.24% |
| Monroe 30 Year VA | 2022-06-30 | 5.92% |
| Monroe 30 Year VA Refi | 2022-06-30 | 5.53% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within MONROE, LA.
MONROE 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 MONROE, LA 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.).
MONROE, LA's 116 lenders originated 5,621
loans during 2021. The total origination value was $1,119,325,000, with an average loan value of
$199,133.
The top MONROE lender as defined by loan originations is Origin Bank, with
232 loans originated. Their average total fees are
$3,861, which is $357
higher than the next largest lender,
Eagle Bank and Trust Company.
The lowest fee MONROE lenders (with over 10 loans originated) are
JPMorgan Chase Bank ($2,400), STANDARD MORTGAGE CORPORATION ($3,314), Citizens Bank ($3,420), First Horizon Bank ($3,441) and Eagle Bank and Trust Company ($3,503).
The lowest rate MONROE lenders (with over 10 loans originated) are
AMERISAVE MORTGAGE CORPORATION (2.75%), STANDARD MORTGAGE CORPORATION (2.82%), Century Next Bank (2.83%), Bank of America (2.88%) and Cross Keys Bank (2.93%).
MONROE, LA 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 |
|---|---|---|---|---|
| Origin Bank | $138,290,000 | $116,975,000 | -15.4% | 10.5% |
| Eagle Bank and Trust Company | $81,525,000 | $83,685,000 | 2.6% | 7.5% |
| QUICKEN LOANS, LLC | $65,635,000 | $76,160,000 | 16.0% | 6.8% |
| GMFS LLC | $39,140,000 | $60,315,000 | 54.1% | 5.4% |
| Guaranty Bank & Trust Company of Delhi, Louisiana | $35,270,000 | $56,480,000 | 60.1% | 5.0% |
| Cross Keys Bank | $56,075,000 | $47,690,000 | -15.0% | 4.3% |
| Assurance Financial Group, L.L.C. | $30,745,000 | $36,750,000 | 19.5% | 3.3% |
| MOVEMENT MORTGAGE, LLC | $26,105,000 | $33,720,000 | 29.2% | 3.0% |
| Marion State Bank | $22,545,000 | $31,705,000 | 40.6% | 2.8% |
| BancorpSouth Bank | $34,810,000 | $30,620,000 | -12.0% | 2.7% |
| First Horizon Bank | $30,490,000 | n/a | 2.7% | |
| Century Next Bank | $73,890,000 | $29,800,000 | -59.7% | 2.7% |
| HOMELAND BANCSHARES, INC. | $20,050,000 | $28,580,000 | 42.5% | 2.6% |
| FREEDOM MORTGAGE CORPORATION | $25,455,000 | $25,130,000 | -1.3% | 2.2% |
| NEWREZ LLC | $15,610,000 | $23,570,000 | 51.0% | 2.1% |
| Capital One | $16,880,000 | n/a | 1.5% | |
| Progressive Bank | $40,850,000 | $16,180,000 | -60.4% | 1.4% |
| CENTRIC | $5,340,000 | $15,330,000 | 187.1% | 1.4% |
| STANDARD MORTGAGE CORPORATION | $33,875,000 | $14,850,000 | -56.2% | 1.3% |
| Arbor Realty Trust, Inc. | $6,110,000 | $14,535,000 | 137.9% | 1.3% |
| LOANDEPOT.COM, LLC | $4,410,000 | $13,915,000 | 215.5% | 1.2% |
| JPMorgan Chase Bank | $14,495,000 | $13,280,000 | -8.4% | 1.2% |
| UNITED WHOLESALE MORTGAGE, LLC | $9,630,000 | $12,910,000 | 34.1% | 1.2% |
| Wells Fargo Bank | $7,740,000 | $12,725,000 | 64.4% | 1.1% |
| Regions Bank | $12,485,000 | $12,165,000 | -2.6% | 1.1% |
| PENNYMAC LOAN SERVICES, LLC | $5,655,000 | $10,105,000 | 78.7% | 0.9% |
| First National Bank | $8,230,000 | $10,030,000 | 21.9% | 0.9% |
| Citizens Bank | $9,375,000 | $9,945,000 | 6.1% | 0.9% |
| Mortgage Research Center, LLC | $11,320,000 | $9,570,000 | -15.5% | 0.9% |
| ACADEMY MORTGAGE CORPORATION | $11,780,000 | $9,265,000 | -21.3% | 0.8% |
| LAKEVIEW LOAN SERVICING, LLC | $4,495,000 | $8,725,000 | 94.1% | 0.8% |
| Bank of America | $5,570,000 | $8,580,000 | 54.0% | 0.8% |
| PLANET HOME LENDING, LLC | $6,690,000 | $8,285,000 | 23.8% | 0.7% |
| Cedar Rapids Bank and Trust Company | $8,005,000 | n/a | 0.7% | |
| Mr. Cooper ( Nationstar Mortgage ) | $7,095,000 | $6,910,000 | -2.6% | 0.6% |
| CALIBER HOME LOANS, INC. | $6,065,000 | $6,790,000 | 12.0% | 0.6% |
| AMERISAVE MORTGAGE CORPORATION | $4,170,000 | $6,180,000 | 48.2% | 0.6% |
| b1BANK | $13,950,000 | $6,090,000 | -56.3% | 0.5% |
| 21ST MORTGAGE CORPORATION | $4,730,000 | $5,320,000 | 12.5% | 0.5% |
| Carrington Mortgage Services, LLC | $4,345,000 | $5,125,000 | 18.0% | 0.5% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,395,000 | $5,000,000 | 258.4% | 0.4% |
| HOME POINT FINANCIAL CORPORATION | $2,265,000 | $4,485,000 | 98.0% | 0.4% |
| Merchants Bank of Indiana | $15,320,000 | $4,470,000 | -70.8% | 0.4% |
| WALKER & DUNLOP, LLC | $4,295,000 | n/a | 0.4% | |
| NAVY FEDERAL CREDIT UNION | $1,125,000 | $4,240,000 | 276.9% | 0.4% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $7,575,000 | $4,170,000 | -45.0% | 0.4% |
| BETTER MORTGAGE CORPORATION | $730,000 | $4,150,000 | 468.5% | 0.4% |
| AMERICAN FINANCIAL RESOURCES, INC. | $3,630,000 | $3,810,000 | 5.0% | 0.3% |
| NEW DAY FINANCIAL, LLC | $2,905,000 | $3,670,000 | 26.3% | 0.3% |
| DSLD MORTGAGE, LLC | $4,160,000 | $3,360,000 | -19.2% | 0.3% |
| CRESCENT MORTGAGE COMPANY | $1,155,000 | $3,005,000 | 160.2% | 0.3% |
| Home Federal Bank | $1,825,000 | $2,930,000 | 60.5% | 0.3% |
| SOUTHWEST FUNDING, LP | $3,245,000 | $2,860,000 | -11.9% | 0.3% |
| Ouachita Valley Federal Credit Union | $2,310,000 | $2,585,000 | 11.9% | 0.2% |
| USAA Federal Savings Bank | $4,070,000 | $2,570,000 | -36.9% | 0.2% |
| Southern Bank | $2,500,000 | n/a | 0.2% | |
| TRIAD FINANCIAL SERVICES, INC. | $955,000 | $2,165,000 | 126.7% | 0.2% |
| THRIVE MORTGAGE, LLC | $490,000 | $2,085,000 | 325.5% | 0.2% |
| Reliant Bank | $1,930,000 | $2,070,000 | 7.3% | 0.2% |
| Wyndham Capital Mortgage, Inc. | $1,275,000 | $1,865,000 | 46.3% | 0.2% |
| Nations Lending Corporation | $740,000 | $1,815,000 | 145.3% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,780,000 | $1,775,000 | -36.2% | 0.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,700,000 | $1,735,000 | -35.7% | 0.2% |
| BARKSDALE | $790,000 | $1,535,000 | 94.3% | 0.1% |
| UNITED BUILT HOMES, L.L.C. | $800,000 | $1,505,000 | 88.1% | 0.1% |
| ANECA Federal Credit Union | $1,470,000 | n/a | 0.1% | |
| VILLAGE CAPITAL & INVESTMENT LLC | $1,940,000 | $1,405,000 | -27.6% | 0.1% |
| BAYSHORE MORTGAGE FUNDING, LLC | $245,000 | $1,360,000 | 455.1% | 0.1% |
| Flagstar Bank, FSB | $1,670,000 | $1,360,000 | -18.6% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $1,915,000 | $1,305,000 | -31.9% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $960,000 | $1,190,000 | 24.0% | 0.1% |
| Ally Bank | $240,000 | $1,150,000 | 379.2% | 0.1% |
| The Federal Savings Bank | $1,800,000 | $1,150,000 | -36.1% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $690,000 | $1,105,000 | 60.1% | 0.1% |
| GUARANTEED RATE, INC. | $135,000 | $1,085,000 | 703.7% | 0.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $440,000 | $1,065,000 | 142.0% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $940,000 | $1,050,000 | 11.7% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $895,000 | $1,035,000 | 15.6% | 0.1% |
| First Guaranty Mortgage Corporation | $805,000 | $1,015,000 | 26.1% | 0.1% |
| BROKER SOLUTIONS, INC. | $1,325,000 | $985,000 | -25.7% | 0.1% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $3,350,000 | $980,000 | -70.7% | 0.1% |
| La Capitol Federal Credit Union | $1,715,000 | $980,000 | -42.9% | 0.1% |
| Citizens Bank & Trust Company of Vivian, Louisiana | $995,000 | $950,000 | -4.5% | 0.1% |
| The Huntington National Bank | $2,360,000 | $915,000 | -61.2% | 0.1% |
| TOWNE MORTGAGE COMPANY | $895,000 | n/a | 0.1% | |
| NBKC BANK | $720,000 | $885,000 | 22.9% | 0.1% |
| UNION HOME MORTGAGE CORP. | $860,000 | n/a | 0.1% | |
| Gibsland Bank & Trust Company | $170,000 | $855,000 | 402.9% | 0.1% |
| Gateway First Bank | $745,000 | $850,000 | 14.1% | 0.1% |
| U.S. Bank | $500,000 | $845,000 | 69.0% | 0.1% |
| Citizens National Bank, N.A. | $820,000 | $830,000 | 1.2% | 0.1% |
| SOVEREIGN LENDING GROUP INCORPORATED | $225,000 | $825,000 | 266.7% | 0.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,045,000 | $820,000 | -59.9% | 0.1% |
| MORTGAGE FINANCIAL SERVICES, LLC | $255,000 | $800,000 | 213.7% | 0.1% |
| InterContinental Capital Group, Inc | $880,000 | $775,000 | -11.9% | 0.1% |
| US MORTGAGE CORPORATION | $1,655,000 | $765,000 | -53.8% | 0.1% |
| Shamrock Home Loans, Inc. | $755,000 | n/a | 0.1% | |
| SOFI LENDING CORP. | $335,000 | $740,000 | 120.9% | 0.1% |
| Chicago Mortgage Solutions LLC | $235,000 | $735,000 | 212.8% | 0.1% |
| KEESLER | $735,000 | n/a | 0.1% | |
| ROYAL UNITED MORTGAGE LLC | $1,375,000 | $735,000 | -46.5% | 0.1% |
| AmeriHome Mortgage Company, LLC | $1,255,000 | $715,000 | -43.0% | 0.1% |
| PNC Bank | $1,250,000 | $700,000 | -44.0% | 0.1% |
| Low VA Rates, LLC | $735,000 | $675,000 | -8.2% | 0.1% |
| Red River Bank | $915,000 | $675,000 | -26.2% | 0.1% |
| TIB The Independent Bankersbank | $2,025,000 | $670,000 | -66.9% | 0.1% |
| North American Savings Bank, F.S.B. | $1,350,000 | $625,000 | -53.7% | 0.1% |
| Lakeview Community Capital, LLC | $615,000 | n/a | 0.1% | |
| ALLIED MORTGAGE GROUP, INC. | $605,000 | n/a | 0.1% | |
| First Guaranty Bank | $245,000 | $590,000 | 140.8% | 0.1% |
| Renasant Bank | $375,000 | $590,000 | 57.3% | 0.1% |
| GUILD MORTGAGE COMPANY | $435,000 | $580,000 | 33.3% | 0.1% |
| Arvest Bank | $575,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $1,715,000 | $565,000 | -67.1% | 0.1% |
| CLEARPATH LENDING | $3,400,000 | $555,000 | -83.7% | 0.0% |
| Paramount Residential Mortgage Group, Inc. | $340,000 | $555,000 | 63.2% | 0.0% |
| AMERICAN FINANCING CORPORATION | $890,000 | $545,000 | -38.8% | 0.0% |
| BNC National Bank | $525,000 | n/a | 0.0% | |
| OCMBC, INC. | $165,000 | $520,000 | 215.2% | 0.0% |
| RIVERLAND FEDERAL CREDIT UNION | $500,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $1,050,000 | $490,000 | -53.3% | 0.0% |
| DELMAR FINANCIAL COMPANY | $485,000 | n/a | 0.0% | |
| ACCELERATE MORTGAGE, LLC | $205,000 | $480,000 | 134.1% | 0.0% |
| AMERICAN ADVISORS GROUP | $375,000 | $475,000 | 26.7% | 0.0% |
| AMCAP MORTGAGE, LTD. | $465,000 | n/a | 0.0% | |
| Pelican State Credit Union | $325,000 | $460,000 | 41.5% | 0.0% |
| Sabine State Bank and Trust Company | $505,000 | $445,000 | -11.9% | 0.0% |
| Ameris Bank | $235,000 | $430,000 | 83.0% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $420,000 | n/a | 0.0% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $415,000 | n/a | 0.0% | |
| Texana Bank | $415,000 | n/a | 0.0% | |
| AEROSPACE FEDERAL CREDIT UNION | $405,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $405,000 | n/a | 0.0% | |
| The Bank | $405,000 | n/a | 0.0% | |
| MIDLAND MORTGAGE CORPORATION | $95,000 | $400,000 | 321.1% | 0.0% |
| ADVANCIAL | $390,000 | n/a | 0.0% | |
| CSL Financial, LLC | $80,000 | $390,000 | 387.5% | 0.0% |
| Mid-Continent Funding, Inc. | $175,000 | $390,000 | 122.9% | 0.0% |
| NP, Inc. | $390,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $390,000 | $390,000 | 0.0% | 0.0% |
| Liberty Bank and Trust Company | $365,000 | n/a | 0.0% | |
| The Evangeline Bank & Trust Company | $415,000 | $360,000 | -13.3% | 0.0% |
| CSE Federal Credit Union | $345,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $345,000 | n/a | 0.0% | |
| Colonial Savings, F.A. | $670,000 | $340,000 | -49.3% | 0.0% |
| Academy Bank | $335,000 | n/a | 0.0% | |
| NATIONS DIRECT MORTGAGE, LLC | $195,000 | $330,000 | 69.2% | 0.0% |
| American State Bank | $325,000 | n/a | 0.0% | |
| Old National Bank | $315,000 | n/a | 0.0% | |
| MID AMERICA MORTGAGE, INC. | $1,540,000 | $310,000 | -79.9% | 0.0% |
| DHI MORTGAGE COMPANY, LTD. | $305,000 | n/a | 0.0% | |
| Goldwater Bank, N.A. | $1,885,000 | $300,000 | -84.1% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $285,000 | n/a | 0.0% | |
| SIRVA MORTGAGE, INC. | $285,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $280,000 | n/a | 0.0% | |
| Synergy Bank | $275,000 | n/a | 0.0% | |
| ZILLOW HOME LOANS, LLC | $615,000 | $275,000 | -55.3% | 0.0% |
| Strong Home Mortgage, LLC | $265,000 | n/a | 0.0% | |
| Bank of England | $660,000 | $260,000 | -60.6% | 0.0% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $235,000 | $260,000 | 10.6% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $260,000 | n/a | 0.0% | |
| FirstBank | $255,000 | n/a | 0.0% | |
| FIDELITY BANK | $935,000 | $250,000 | -73.3% | 0.0% |
| SPRING EQ, LLC | $210,000 | $250,000 | 19.0% | 0.0% |
| Baxter Credit Union | $85,000 | $245,000 | 188.2% | 0.0% |
| Plains Commerce Bank | $155,000 | $245,000 | 58.1% | 0.0% |
| RBC Bank, (Georgia) | $245,000 | n/a | 0.0% | |
| RED RIVER EMPLOYEES | $425,000 | $245,000 | -42.4% | 0.0% |
| OCEANSIDE MORTGAGE COMPANY | $765,000 | $240,000 | -68.6% | 0.0% |
| First Home Bank | $245,000 | $235,000 | -4.1% | 0.0% |
| MLD MORTGAGE INC. | $235,000 | n/a | 0.0% | |
| MORTGAGE ACCESS CORP. | $115,000 | $235,000 | 104.3% | 0.0% |
| BankPlus | $225,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $225,000 | n/a | 0.0% | |
| Truist Bank | $225,000 | n/a | 0.0% | |
| Louisiana USA Federal Credit Union | $215,000 | n/a | 0.0% | |
| SUN WEST MORTGAGE COMPANY, INC. | $1,020,000 | $215,000 | -78.9% | 0.0% |
| The Union Bank Company | $215,000 | n/a | 0.0% | |
| Austin Capital Bank SSB | $205,000 | n/a | 0.0% | |
| HOMEWAY MORTGAGE LLC | $165,000 | $205,000 | 24.2% | 0.0% |
| Northpointe Bank | $145,000 | $205,000 | 41.4% | 0.0% |
| The First, A National Banking Association | $200,000 | n/a | 0.0% | |
| American Bank & Trust Company | $195,000 | n/a | 0.0% | |
| Commerce Home Mortgage, Inc. | $195,000 | n/a | 0.0% | |
| FBT Mortgage, L.L.C. | $195,000 | n/a | 0.0% | |
| First South Farm Credit, ACA | $195,000 | n/a | 0.0% | |
| FirstTrust Home Loans, Inc. | $190,000 | n/a | 0.0% | |
| Manufacturers and Traders Trust Company | $190,000 | n/a | 0.0% | |
| ESSENTIAL | $185,000 | n/a | 0.0% | |
| NETWORK CAPITAL FUNDING CORPORATION | $185,000 | n/a | 0.0% | |
| Simmons Bank | $185,000 | n/a | 0.0% | |
| LOANLEADERS OF AMERICA, INC. | $175,000 | n/a | 0.0% | |
| OPEN MORTGAGE, LLC | $285,000 | $175,000 | -38.6% | 0.0% |
| SENTE MORTGAGE, INC. | $175,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $800,000 | $165,000 | -79.4% | 0.0% |
| FAMILY FIRST FUNDING LLC | $165,000 | n/a | 0.0% | |
| EMBRACE HOME LOANS, INC. | $480,000 | $145,000 | -69.8% | 0.0% |
| NTFN, INC. | $145,000 | n/a | 0.0% | |
| Southern Heritage Bank | $145,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $360,000 | $140,000 | -61.1% | 0.0% |
| 1st Franklin Financial Corporation | $135,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $135,000 | n/a | 0.0% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $135,000 | n/a | 0.0% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $125,000 | n/a | 0.0% | |
| UBS Bank USA | $125,000 | n/a | 0.0% | |
| Willamette Valley Bank | $125,000 | n/a | 0.0% | |
| BECKAM FUNDING CORP. | $115,000 | n/a | 0.0% | |
| Discover Bank | $525,000 | $115,000 | -78.1% | 0.0% |
| STEARNS LENDING, LLC | $480,000 | $115,000 | -76.0% | 0.0% |
| LIMA ONE CAPITAL, LLC | $105,000 | $105,000 | 0.0% | 0.0% |
| GENEVA FINANCIAL, LLC | $95,000 | n/a | 0.0% | |
| Gulf Coast Bank and Trust Company | $95,000 | n/a | 0.0% | |
| COUNTRYPLACE MORTGAGE, LTD. | $75,000 | $85,000 | 13.3% | 0.0% |
| Citibank | $60,000 | $65,000 | 8.3% | 0.0% |
| Southern Bancorp Bank | $500,000 | $55,000 | -89.0% | 0.0% |
| TIAA, FSB | $125,000 | $45,000 | -64.0% | 0.0% |
| Figure Lending LLC | $25,000 | $40,000 | 60.0% | 0.0% |
| Generations Bank | $80,000 | $35,000 | -56.3% | 0.0% |
MONROE's top lender by overall market share is Origin Bank, with 10.5% market share. In second place, with 7.5%, is Eagle Bank and Trust Company, having originated $83,685,000 in loans. In third place, with 6.8%, is QUICKEN LOANS, LLC, having originated $76,160,000 in loans. In third place, with 5.4%, is GMFS LLC, having originated $60,315,000 in loans. In third place, with 5.0%, is Guaranty Bank & Trust Company of Delhi, Louisiana, having originated $56,480,000 in loans.
MONROE, LA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,571 | $533,025,000 | $207,322 |
| Refi | 2,129 | $428,375,000 | $201,209 |
| Cash Out Refi | 763 | $142,445,000 | $186,691 |
| Other | 86 | $9,780,000 | $113,721 |
| Home Improvement | 72 | $5,700,000 | $79,167 |
Monroe's most frequently cited loan purpose was Home Purchase, with 2,571 originations. The 2nd most popular reason was Refi, with 2,129 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 1,913 | $397,195,000 | $207,629 |
| 3-4% | 1,547 | $297,965,000 | $192,608 |
| <2.5% | 837 | $172,595,000 | $206,207 |
| 4-5% | 354 | $56,760,000 | $160,339 |
| 5-6% | 109 | $9,875,000 | $90,596 |
| Over 8% | 66 | $5,730,000 | $86,818 |
| 6-7% | 61 | $4,115,000 | $67,459 |
| 7-8% | 39 | $2,695,000 | $69,103 |
During 2021, Monroe's most frequently originated rate bucket was 2.5-3%, with 1,913 originations.
Loan Sizing (MONROE, LA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 2,348 | $351,250,000 | $149,595 |
| $200k-400k | 1,718 | $457,040,000 | $266,030 |
| $100,000 or less | 1,245 | $78,125,000 | $62,751 |
| $400k-600k | 221 | $104,805,000 | $474,231 |
| $600k-1000k | 55 | $41,625,000 | $756,818 |
| $Over $1MM | 34 | $86,480,000 | $2,543,529 |
MONROE's loan sizing saw the bucket of loans from $100k-200k with 2,348 originations, totaling $351,250,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,410 | $482,590,000 | $200,245 |
| 60-80% | 1,396 | $311,480,000 | $223,123 |
| 40-60% | 505 | $84,915,000 | $168,149 |
| 20-40% | 246 | $22,910,000 | $93,130 |
| Under 20% | 105 | $6,525,000 | $62,143 |
| Over 100% | 71 | $17,595,000 | $247,817 |
MONROE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,410 originations, totaling $482,590,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - MONROE (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 | $209,950 (5.9%) | $246,029 (-1.0%) | 0.77 | 767 |
| 2018-02-01 | $208,500 (5.1%) | $243,784 (-2.3%) | 0.75 | 804 |
| 2018-03-01 | $209,000 (5.5%) | $243,046 (-1.3%) | 0.72 | 826 |
| 2018-04-01 | $206,000 (-0.4%) | $241,535 (-2.9%) | 0.69 | 888 |
| 2018-05-01 | $209,000 (0.5%) | $244,362 (-1.6%) | 0.70 | 925 |
| 2018-06-01 | $209,900 (-0.1%) | $249,879 (0.4%) | 0.70 | 922 |
| 2018-07-01 | $211,500 (1.0%) | $252,363 (1.2%) | 0.71 | 975 |
| 2018-08-01 | $209,900 (1.9%) | $250,267 (0.9%) | 0.70 | 998 |
| 2018-09-01 | $209,900 (0.7%) | $249,283 (0.3%) | 0.70 | 983 |
| 2018-10-01 | $204,500 (-1.6%) | $244,516 (-1.5%) | 0.68 | 972 |
| 2018-11-01 | $200,000 (-5.7%) | $242,074 (-3.1%) | 0.67 | 943 |
| 2018-12-01 | $199,900 (-5.7%) | $239,221 (-3.3%) | 0.68 | 887 |
| 2019-01-01 | $199,950 (-4.8%) | $241,992 (-1.6%) | 0.69 | 857 |
| 2019-02-01 | $199,900 (-4.1%) | $240,070 (-1.5%) | 0.67 | 904 |
| 2019-03-01 | $206,371 (-1.3%) | $243,043 (0.0%) | 0.67 | 961 |
| 2019-04-01 | $215,000 (4.4%) | $246,219 (1.9%) | 0.68 | 1,019 |
| 2019-05-01 | $212,750 (1.8%) | $243,192 (-0.5%) | 0.66 | 1,020 |
| 2019-06-01 | $210,000 (0.1%) | $243,476 (-2.6%) | 0.65 | 1,019 |
| 2019-07-01 | $209,450 (-1.0%) | $244,525 (-3.1%) | 0.65 | 1,026 |
| 2019-08-01 | $205,143 (-2.3%) | $243,603 (-2.7%) | 0.65 | 1,004 |
| 2019-09-01 | $200,643 (-4.4%) | $242,641 (-2.7%) | 0.64 | 984 |
| 2019-10-01 | $204,950 (0.2%) | $244,401 (-0.1%) | 0.65 | 936 |
| 2019-11-01 | $212,900 (6.5%) | $246,796 (2.0%) | 0.69 | 896 |
| 2019-12-01 | $215,000 (7.6%) | $247,429 (3.4%) | 0.72 | 840 |
| 2020-01-01 | $222,500 (11.3%) | $251,341 (3.9%) | 0.74 | 645 |
| 2020-02-01 | $219,005 (9.6%) | $245,268 (2.2%) | 0.71 | 628 |
| 2020-03-01 | $216,500 (4.9%) | $243,970 (0.4%) | 0.68 | 598 |
| 2020-04-01 | $221,995 (3.3%) | $243,986 (-0.9%) | 0.69 | 562 |
| 2020-05-01 | $229,900 (8.1%) | $252,731 (3.9%) | 0.70 | 501 |
| 2020-06-01 | $225,120 (7.2%) | $259,147 (6.4%) | 0.66 | 492 |
| 2020-07-01 | $229,000 (9.3%) | $261,089 (6.8%) | 0.66 | 474 |
| 2020-08-01 | $225,000 (9.7%) | $274,451 (12.7%) | 0.64 | 466 |
| 2020-09-01 | $225,000 (12.1%) | $274,611 (13.2%) | 0.64 | 441 |
| 2020-10-01 | $229,000 (11.7%) | $279,323 (14.3%) | 0.65 | 409 |
| 2020-11-01 | $231,950 (9.0%) | $280,920 (13.8%) | 0.66 | 370 |
| 2020-12-01 | $232,450 (8.1%) | $276,973 (11.9%) | 0.68 | 335 |
| 2021-01-01 | $225,000 (1.1%) | $276,375 (10.0%) | 0.66 | 304 |
| 2021-02-01 | $230,000 (5.0%) | $279,286 (13.9%) | 0.66 | 287 |
| 2021-03-01 | $239,950 (10.8%) | $289,032 (18.5%) | 0.67 | 246 |
| 2021-04-01 | $249,250 (12.3%) | $287,826 (18.0%) | 0.67 | 222 |
| 2021-05-01 | $240,000 (4.4%) | $282,092 (11.6%) | 0.63 | 214 |
| 2021-06-01 | $249,950 (11.0%) | $294,325 (13.6%) | 0.65 | 223 |
| 2021-07-01 | $252,170 (10.1%) | $310,148 (18.8%) | 0.66 | 237 |
| 2021-08-01 | $255,000 (13.3%) | $314,283 (14.5%) | 0.67 | 256 |
| 2021-09-01 | $250,000 (11.1%) | $320,917 (16.9%) | 0.66 | 240 |
| 2021-10-01 | $229,999 (0.4%) | $303,472 (8.7%) | 0.61 | 196 |
| 2021-11-01 | $232,500 (0.2%) | $319,455 (13.7%) | 0.61 | 183 |
| 2021-12-01 | $248,123 (6.7%) | $318,792 (15.1%) | 0.66 | 184 |
| 2022-01-01 | $259,900 (15.5%) | $318,827 (15.4%) | 0.69 | 167 |
| 2022-02-01 | $273,000 (18.7%) | $326,224 (16.8%) | 0.70 | 151 |
| 2022-03-01 | $270,000 (12.5%) | $317,467 (9.8%) | 0.67 | 150 |
| 2022-04-01 | $271,000 (8.7%) | $330,902 (15.0%) | 0.64 | 145 |
| 2022-05-01 | $272,000 (13.3%) | $313,261 (11.1%) | 0.61 | 157 |
| 2022-06-01 | $267,500 (7.0%) | $310,963 (5.7%) | 0.59 | 180 |
MONROE's median listing price for 2022-06-01 was $267,500, a difference of
$17,550
(7.0%) versus the prior year and
$-4,500 versus the prior month.
MONROE's median listing price comes in at 59% of the national average.
MONROE's average listing price for 2022-06-01 was $310,963, a difference of $16,638 (5.7%) versus the prior year and $-2,298 versus the prior month.
For the 2022-06-01 period, MONROE had 180 MLS listings, a difference of 23 listings (15%) versus the prior month and -43 listings (-19%) versus the prior year.
MONROE's median listing price comes in at 59% of the national average.
MONROE's average listing price for 2022-06-01 was $310,963, a difference of $16,638 (5.7%) versus the prior year and $-2,298 versus the prior month.
For the 2022-06-01 period, MONROE had 180 MLS listings, a difference of 23 listings (15%) versus the prior month and -43 listings (-19%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - MONROE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 107 days | 1,991 sqft |
| 2018-02-01 | 107 days | 1,960 sqft |
| 2018-03-01 | 99 days | 1,982 sqft |
| 2018-04-01 | 86 days | 1,976 sqft |
| 2018-05-01 | 79 days | 1,987 sqft |
| 2018-06-01 | 75 days | 2,016 sqft |
| 2018-07-01 | 75 days | 2,026 sqft |
| 2018-08-01 | 78 days | 1,984 sqft |
| 2018-09-01 | 82 days | 1,978 sqft |
| 2018-10-01 | 93 days | 1,924 sqft |
| 2018-11-01 | 99 days | 1,925 sqft |
| 2018-12-01 | 110 days | 1,924 sqft |
| 2019-01-01 | 123 days | 1,940 sqft |
| 2019-02-01 | 121 days | 1,939 sqft |
| 2019-03-01 | 109 days | 1,956 sqft |
| 2019-04-01 | 81 days | 1,968 sqft |
| 2019-05-01 | 83 days | 1,958 sqft |
| 2019-06-01 | 87 days | 1,983 sqft |
| 2019-07-01 | 92 days | 1,969 sqft |
| 2019-08-01 | 97 days | 1,961 sqft |
| 2019-09-01 | 101 days | 1,951 sqft |
| 2019-10-01 | 104 days | 1,952 sqft |
| 2019-11-01 | 105 days | 1,966 sqft |
| 2019-12-01 | 118 days | 1,970 sqft |
| 2020-01-01 | 123 days | 2,007 sqft |
| 2020-02-01 | 130 days | 1,945 sqft |
| 2020-03-01 | 119 days | 1,967 sqft |
| 2020-04-01 | 110 days | 1,978 sqft |
| 2020-05-01 | 99 days | 2,057 sqft |
| 2020-06-01 | 87 days | 2,046 sqft |
| 2020-07-01 | 65 days | 2,030 sqft |
| 2020-08-01 | 67 days | 2,015 sqft |
| 2020-09-01 | 77 days | 2,020 sqft |
| 2020-10-01 | 81 days | 2,080 sqft |
| 2020-11-01 | 95 days | 2,061 sqft |
| 2020-12-01 | 101 days | 2,061 sqft |
| 2021-01-01 | 98 days | 2,045 sqft |
| 2021-02-01 | 80 days | 2,054 sqft |
| 2021-03-01 | 72 days | 2,092 sqft |
| 2021-04-01 | 73 days | 2,145 sqft |
| 2021-05-01 | 55 days | 2,069 sqft |
| 2021-06-01 | 46 days | 2,101 sqft |
| 2021-07-01 | 49 days | 2,075 sqft |
| 2021-08-01 | 45 days | 2,112 sqft |
| 2021-09-01 | 54 days | 2,034 sqft |
| 2021-10-01 | 70 days | 2,027 sqft |
| 2021-11-01 | 65 days | 1,986 sqft |
| 2021-12-01 | 57 days | 1,985 sqft |
| 2022-01-01 | 61 days | 2,030 sqft |
| 2022-02-01 | 58 days | 2,119 sqft |
| 2022-03-01 | 55 days | 2,098 sqft |
| 2022-04-01 | 44 days | 2,149 sqft |
| 2022-05-01 | 33 days | 2,132 sqft |
| 2022-06-01 | 31 days | 2,074 sqft |
MONROE's median listing age (time on market) for 2022-06-01 was 31 days.
This
is -34%
shorter
than the same period one year ago.
MONROE's median square footage for active listings during the 2022-06-01 period was 2,074 sqft. One year prior, the average listing was 2,101 sqft.
MONROE's median square footage for active listings during the 2022-06-01 period was 2,074 sqft. One year prior, the average listing was 2,101 sqft.
