Mount Pleasant Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Mount Pleasant averaged
6.01%
for the week of 2024-10-03, compared to the national average of
6.12% for the same period.
The average rate for the prior week (2024-09-26) was
6.17% and
one month ago for the week of 2024-08-29, the
average rate was 6.34%.
Mount Pleasant's average rate one year ago was 7.3%.
For refis of the same type during the week of 2024-10-03, the average rate
was 6.62%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-03 | 6.12% |
Mount Pleasant 30 Year Fixed Rate | 2024-10-03 | 6.01% |
Mount Pleasant 30 Year Fixed Rate Refi | 2024-10-03 | 6.62% |
Mount Pleasant 15 Year Fixed Rate | 2024-10-03 | 5.25% |
Mount Pleasant 15 Year Fixed Rate Refi | 2024-10-03 | 5.25% |
Mount Pleasant 30 Year FHA | 2024-10-03 | 5.5% |
Mount Pleasant 30 Year FHA Refi | 2024-10-03 | 5.89% |
Mount Pleasant 30 Year USDA | 2024-10-03 | 5.97% |
Mount Pleasant 30 Year USDA Refi | 2024-10-03 | 6.17% |
Mount Pleasant 30 Year VA | 2024-10-03 | 5.6% |
Mount Pleasant 30 Year VA Refi | 2024-10-03 | 5.7% |
Mount Pleasant 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 Mount Pleasant, 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.).
Mount Pleasant Average Closing Costs & Other Stats
Mount Pleasant, TX's 64 lenders originated 549
loans during 2023. The total origination value was $116,015,000, with an average loan value of
$211,321.
Mount Pleasant's average closing costs are $6,379.
The top Mount Pleasant lender as defined by loan originations is QUICKEN LOANS, LLC, with
16 loans originated. Their average total fees are
$8,691, which is $4,767
higher than the next largest lender,
VeraBank.
The lowest fee Mount Pleasant lenders (with over 10 loans originated) are
The City National Bank of Sulphur Springs ($2,436), VeraBank ($3,925), Guaranty Bank & Trust, N.A. ($4,773), QUICKEN LOANS, LLC ($8,691) and .
The lowest rate Mount Pleasant lenders (with over 10 loans originated) are
VeraBank (6.11%), QUICKEN LOANS, LLC (6.70%), Guaranty Bank & Trust, N.A. (6.83%), The City National Bank of Sulphur Springs (7.46%) and .
Mount Pleasant, 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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
Guaranty Bank & Trust, N.A. | $23,135,000 | $13,935,000 | -39.8% | 12.0% |
Pilgrim Bank | $12,710,000 | $8,000,000 | -37.1% | 6.9% |
Cypress Bank, SSB | $10,460,000 | $7,750,000 | -25.9% | 6.7% |
VeraBank | $2,615,000 | $6,610,000 | 152.8% | 5.7% |
DRAPER AND KRAMER MORTGAGE CORP. | $11,325,000 | $5,225,000 | -53.9% | 4.5% |
QUICKEN LOANS, LLC | $6,550,000 | $5,120,000 | -21.8% | 4.4% |
UNITED WHOLESALE MORTGAGE, LLC | $2,835,000 | $4,100,000 | 44.6% | 3.5% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,745,000 | $3,315,000 | 20.8% | 2.9% |
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $620,000 | $3,260,000 | 425.8% | 2.8% |
The City National Bank of Sulphur Springs | $3,780,000 | $3,010,000 | -20.4% | 2.6% |
Mortgage Research Center, LLC | $2,805,000 | $2,975,000 | 6.1% | 2.6% |
Citibank | $2,060,000 | n/a | 1.8% | |
First National Bank of East Texas | $1,005,000 | $2,005,000 | 99.5% | 1.7% |
CMG MORTGAGE, INC. | $935,000 | $1,965,000 | 110.2% | 1.7% |
T2 FINANCIAL LLC | $1,280,000 | $1,840,000 | 43.8% | 1.6% |
AMERISAVE MORTGAGE CORPORATION | $1,720,000 | n/a | 1.5% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $735,000 | $1,680,000 | 128.6% | 1.4% |
Bank of America | $725,000 | $1,635,000 | 125.5% | 1.4% |
21ST MORTGAGE CORPORATION | $1,890,000 | $1,315,000 | -30.4% | 1.1% |
CROSSCOUNTRY MORTGAGE, LLC | $880,000 | $1,310,000 | 48.9% | 1.1% |
EVERETT FINANCIAL, INC. | $590,000 | $1,065,000 | 80.5% | 0.9% |
Austin Bank, Texas | $1,005,000 | n/a | 0.9% | |
MORTGAGE FINANCIAL SERVICES, LLC | $1,685,000 | $955,000 | -43.3% | 0.8% |
Gateway First Bank | $1,215,000 | $920,000 | -24.3% | 0.8% |
PENNYMAC LOAN SERVICES, LLC | $2,385,000 | $920,000 | -61.4% | 0.8% |
Alliance Bank | $450,000 | $875,000 | 94.4% | 0.8% |
Zions Bank | $105,000 | $825,000 | 685.7% | 0.7% |
Wells Fargo Bank | $1,855,000 | $810,000 | -56.3% | 0.7% |
RED RIVER EMPLOYEES | $700,000 | n/a | 0.6% | |
OPEN MORTGAGE, LLC | $790,000 | $665,000 | -15.8% | 0.6% |
EAST TEXAS PROFESSIONAL Credit Union | $980,000 | $660,000 | -32.7% | 0.6% |
GUILD MORTGAGE COMPANY | $1,465,000 | $650,000 | -55.6% | 0.6% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $625,000 | $630,000 | 0.8% | 0.5% |
The American National Bank of Texas | $145,000 | $625,000 | 331.0% | 0.5% |
SECURITYNATIONAL MORTGAGE COMPANY | $610,000 | n/a | 0.5% | |
ROYAL UNITED MORTGAGE LLC | $125,000 | $585,000 | 368.0% | 0.5% |
First United Bank and Trust Company | $1,465,000 | $565,000 | -61.4% | 0.5% |
Prosperity Bank | $135,000 | $560,000 | 314.8% | 0.5% |
Texas Bank and Trust Company | $545,000 | $550,000 | 0.9% | 0.5% |
American Bank of Oklahoma | $540,000 | n/a | 0.5% | |
CARDINAL FINANCIAL | $2,395,000 | $525,000 | -78.1% | 0.5% |
Mr. Cooper ( Nationstar Mortgage ) | $1,160,000 | $525,000 | -54.7% | 0.5% |
USAA Federal Savings Bank | $590,000 | $450,000 | -23.7% | 0.4% |
UNITED BUILT HOMES, L.L.C. | $395,000 | $445,000 | 12.7% | 0.4% |
FINANCE OF AMERICA REVERSE LLC | $440,000 | n/a | 0.4% | |
Town Square Mortgage & Investments, Inc. | $460,000 | $435,000 | -5.4% | 0.4% |
Discover Bank | $95,000 | $430,000 | 352.6% | 0.4% |
FIRST COMMUNITY MORTGAGE, INC. | $415,000 | n/a | 0.4% | |
Golden Empire Mortgage, Inc. | $415,000 | n/a | 0.4% | |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $470,000 | $410,000 | -12.8% | 0.4% |
BROKER SOLUTIONS, INC. | $175,000 | $410,000 | 134.3% | 0.4% |
ZILLOW HOME LOANS, LLC | $410,000 | n/a | 0.4% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,690,000 | $405,000 | -76.0% | 0.3% |
BNC National Bank | $395,000 | n/a | 0.3% | |
PENTAGON FEDERAL CREDIT UNION | $395,000 | n/a | 0.3% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $675,000 | $395,000 | -41.5% | 0.3% |
Ally Bank | $225,000 | $375,000 | 66.7% | 0.3% |
LOANDEPOT.COM, LLC | $2,765,000 | $375,000 | -86.4% | 0.3% |
First National Bank of Winnsboro | $370,000 | n/a | 0.3% | |
Network Funding, L.P. | $145,000 | $365,000 | 151.7% | 0.3% |
Barrington Bank & Trust Company, N.A. | $175,000 | $360,000 | 105.7% | 0.3% |
NAVY FEDERAL CREDIT UNION | $145,000 | $355,000 | 144.8% | 0.3% |
LEADERONE FINANCIAL CORPORATION | $350,000 | n/a | 0.3% | |
ADVANCIAL | $340,000 | n/a | 0.3% | |
Legend Bank, N.A. | $325,000 | n/a | 0.3% | |
SFMC, LP | $215,000 | $320,000 | 48.8% | 0.3% |
RANDOLPH-BROOKS | $1,000,000 | $310,000 | -69.0% | 0.3% |
TEXAR | $115,000 | $305,000 | 165.2% | 0.3% |
TRIAD FINANCIAL SERVICES, INC. | $1,360,000 | $305,000 | -77.6% | 0.3% |
Nations Lending Corporation | $5,585,000 | $300,000 | -94.6% | 0.3% |
MUTUAL OF OMAHA MORTGAGE, INC. | $220,000 | $280,000 | 27.3% | 0.2% |
First Bank | $275,000 | n/a | 0.2% | |
United Community Bank | $135,000 | $275,000 | 103.7% | 0.2% |
Paramount Residential Mortgage Group, Inc. | $1,640,000 | $270,000 | -83.5% | 0.2% |
GUARANTEED RATE, INC. | $1,295,000 | $265,000 | -79.5% | 0.2% |
NTFN, INC. | $265,000 | n/a | 0.2% | |
CHURCHILL MORTGAGE CORPORATION | $255,000 | n/a | 0.2% | |
American Mortgage & Equity Consultants, Inc. | $245,000 | n/a | 0.2% | |
Commercial Bank of Texas | $705,000 | $245,000 | -65.2% | 0.2% |
Credit Union of Texas | $475,000 | $245,000 | -48.4% | 0.2% |
GERSHMAN INVESTMENT CORP. | $245,000 | n/a | 0.2% | |
AmeriHome Mortgage Company, LLC | $235,000 | n/a | 0.2% | |
NFM, INC. | $235,000 | n/a | 0.2% | |
Texas Heritage National Bank | $225,000 | n/a | 0.2% | |
U.S. Bank | $195,000 | $225,000 | 15.4% | 0.2% |
INTERLINC MORTGAGE SERVICES, LLC | $215,000 | n/a | 0.2% | |
FIDELITY BANK | $205,000 | n/a | 0.2% | |
Spring Hill State Bank | $405,000 | $205,000 | -49.4% | 0.2% |
VAN DYK MORTGAGE CORPORATION | $205,000 | n/a | 0.2% | |
Ameris Bank | $185,000 | n/a | 0.2% | |
Citizens Bank | $600,000 | $185,000 | -69.2% | 0.2% |
Flagstar Bank, FSB | $755,000 | $185,000 | -75.5% | 0.2% |
AMCAP MORTGAGE, LTD. | $175,000 | n/a | 0.2% | |
UNION HOME MORTGAGE CORP. | $175,000 | n/a | 0.2% | |
Century Mortgage Company DBA Century Lending Company | $355,000 | $165,000 | -53.5% | 0.1% |
American Airlines Federal Credit Union | $155,000 | n/a | 0.1% | |
The First National Bank of Hughes Springs | $55,000 | $155,000 | 181.8% | 0.1% |
The Loan Store, Inc. | $155,000 | n/a | 0.1% | |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $145,000 | n/a | 0.1% | |
LENDINGHOME FUNDING CORPORATION | $285,000 | $135,000 | -52.6% | 0.1% |
AMERICAN FINANCIAL NETWORK, INC. | $125,000 | n/a | 0.1% | |
MANN FINANCIAL INC. | $125,000 | n/a | 0.1% | |
Texas Bank | $315,000 | $125,000 | -60.3% | 0.1% |
Carrington Mortgage Services, LLC | $75,000 | $105,000 | 40.0% | 0.1% |
LOANPAL, LLC | $480,000 | $105,000 | -78.1% | 0.1% |
MID AMERICA MORTGAGE, INC. | $380,000 | $105,000 | -72.4% | 0.1% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $105,000 | n/a | 0.1% | |
SOUTHWEST STAGE FUNDING, LLC | $260,000 | $105,000 | -59.6% | 0.1% |
TEXANS | $155,000 | $105,000 | -32.3% | 0.1% |
Frost Bank | $75,000 | n/a | 0.1% | |
LONGBRIDGE FINANCIAL, LLC | $205,000 | $65,000 | -68.3% | 0.1% |
A+ Federal Credit Union | $45,000 | n/a | 0.0% | |
CHERRY CREEK MORTGAGE, LLC | $25,000 | n/a | 0.0% |
Mount Pleasant's top lender by overall market share is Guaranty Bank & Trust, N.A., with 12.0% market share. In second place, with 6.9%, is Pilgrim Bank, having originated $8,000,000 in loans. In third place, with 6.7%, is Cypress Bank, SSB, having originated $7,750,000 in loans. In fourth place, with 5.7%, is VeraBank, having originated $6,610,000 in loans. In fifth place, with 4.5%, is DRAPER AND KRAMER MORTGAGE CORP., having originated $5,225,000 in loans.
Mount Pleasant Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Mount Pleasant (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 | $181,950 (4.0%) | $313,834 (-2.2%) | 0.00 | 219 |
2018-02-01 | $194,700 (8.8%) | $316,703 (-2.9%) | 0.00 | 224 |
2018-03-01 | $189,900 (1.5%) | $312,552 (-5.7%) | 0.00 | 249 |
2018-04-01 | $217,400 (16.6%) | $330,412 (0.8%) | 0.00 | 251 |
2018-05-01 | $227,450 (26.4%) | $340,051 (4.3%) | 0.00 | 265 |
2018-06-01 | $229,900 (23.9%) | $329,271 (6.4%) | 0.00 | 266 |
2018-07-01 | $222,400 (19.3%) | $332,738 (7.4%) | 0.00 | 238 |
2018-08-01 | $219,650 (13.2%) | $334,607 (5.4%) | 0.00 | 227 |
2018-09-01 | $229,950 (19.5%) | $360,105 (14.1%) | 0.00 | 234 |
2018-10-01 | $230,450 (14.4%) | $369,597 (13.2%) | 0.00 | 227 |
2018-11-01 | $224,975 (22.0%) | $378,408 (18.3%) | 0.00 | 211 |
2018-12-01 | $229,900 (24.4%) | $371,238 (18.4%) | 0.00 | 192 |
2019-01-01 | $227,475 (25.0%) | $395,642 (26.1%) | 0.00 | 183 |
2019-02-01 | $226,175 (16.2%) | $395,639 (24.9%) | 0.00 | 174 |
2019-03-01 | $244,450 (28.7%) | $401,377 (28.4%) | 0.00 | 171 |
2019-04-01 | $244,450 (12.4%) | $400,381 (21.2%) | 0.00 | 170 |
2019-05-01 | $270,700 (19.0%) | $422,098 (24.1%) | 0.00 | 173 |
2019-06-01 | $250,000 (8.7%) | $412,741 (25.4%) | 0.00 | 167 |
2019-07-01 | $229,100 (3.0%) | $319,615 (-3.9%) | 0.00 | 149 |
2019-08-01 | $227,070 (3.4%) | $332,978 (-0.5%) | 0.00 | 148 |
2019-09-01 | $223,501 (-2.8%) | $341,717 (-5.1%) | 0.00 | 149 |
2019-10-01 | $233,209 (1.2%) | $346,397 (-6.3%) | 0.00 | 145 |
2019-11-01 | $222,450 (-1.1%) | $284,495 (-24.8%) | 0.00 | 125 |
2019-12-01 | $248,225 (8.0%) | $294,307 (-20.7%) | 0.00 | 114 |
2020-01-01 | $242,450 (6.6%) | $285,636 (-27.8%) | 0.00 | 109 |
2020-02-01 | $239,900 (6.1%) | $289,359 (-26.9%) | 0.00 | 126 |
2020-03-01 | $223,850 (-8.4%) | $274,328 (-31.7%) | 0.00 | 128 |
2020-04-01 | $216,000 (-11.6%) | $263,888 (-34.1%) | 0.00 | 138 |
2020-05-01 | $217,000 (-19.8%) | $273,805 (-35.1%) | 0.00 | 132 |
2020-06-01 | $229,225 (-8.3%) | $295,057 (-28.5%) | 0.00 | 119 |
2020-07-01 | $225,000 (-1.8%) | $298,435 (-6.6%) | 0.00 | 111 |
2020-08-01 | $227,000 (0.0%) | $300,622 (-9.7%) | 0.00 | 95 |
2020-09-01 | $238,125 (6.5%) | $313,792 (-8.2%) | 0.00 | 82 |
2020-10-01 | $239,000 (2.5%) | $321,342 (-7.2%) | 0.00 | 78 |
2020-11-01 | $225,000 (1.2%) | $327,865 (15.2%) | 0.00 | 74 |
2020-12-01 | $232,175 (-6.5%) | $328,168 (11.5%) | 0.00 | 74 |
2021-01-01 | $249,999 (3.1%) | $378,630 (32.6%) | 0.00 | 71 |
2021-02-01 | $248,225 (3.5%) | $466,602 (61.3%) | 0.00 | 67 |
2021-03-01 | $254,900 (13.9%) | $419,669 (53.0%) | 0.00 | 58 |
2021-04-01 | $246,250 (14.0%) | $394,062 (49.3%) | 0.00 | 57 |
2021-05-01 | $272,400 (25.5%) | $402,474 (47.0%) | 0.00 | 54 |
2021-06-01 | $271,225 (18.3%) | $408,752 (38.5%) | 0.00 | 53 |
2021-07-01 | $270,400 (20.2%) | $389,879 (30.6%) | 0.00 | 56 |
2021-08-01 | $257,033 (13.2%) | $374,272 (24.5%) | 0.00 | 68 |
2021-09-01 | $267,625 (12.4%) | $430,711 (37.3%) | 0.00 | 77 |
2021-10-01 | $268,500 (12.3%) | $444,612 (38.4%) | 0.00 | 78 |
2021-11-01 | $277,450 (23.3%) | $407,428 (24.3%) | 0.00 | 68 |
2021-12-01 | $308,250 (32.8%) | $423,270 (29.0%) | 0.00 | 68 |
2022-01-01 | $314,000 (25.6%) | $453,340 (19.7%) | 0.00 | 66 |
2022-02-01 | $303,000 (22.1%) | $451,751 (-3.2%) | 0.00 | 59 |
2022-03-01 | $326,225 (28.0%) | $526,900 (25.6%) | 0.00 | 60 |
2022-04-01 | $359,500 (46.0%) | $585,176 (48.5%) | 0.00 | 66 |
2022-05-01 | $340,000 (24.8%) | $520,560 (29.3%) | 0.00 | 84 |
2022-06-01 | $349,225 (28.8%) | $508,782 (24.5%) | 0.00 | 97 |
2022-07-01 | $334,990 (23.9%) | $503,745 (29.2%) | 0.00 | 113 |
2022-08-01 | $334,945 (30.3%) | $467,227 (24.8%) | 0.00 | 130 |
2022-09-01 | $349,175 (30.5%) | $449,445 (4.4%) | 0.00 | 128 |
2022-10-01 | $266,900 (-0.6%) | $408,153 (-8.2%) | 0.00 | 146 |
2022-11-01 | $266,900 (-3.8%) | $397,040 (-2.6%) | 0.00 | 140 |
2022-12-01 | $266,900 (-13.4%) | $399,060 (-5.7%) | 0.00 | 132 |
2023-01-01 | $288,750 (-8.0%) | $387,834 (-14.5%) | 0.00 | 129 |
2023-02-01 | $289,000 (-4.6%) | $396,500 (-12.2%) | 0.00 | 129 |
2023-03-01 | $309,500 (-5.1%) | $422,274 (-19.9%) | 0.00 | 135 |
2023-04-01 | $345,000 (-4.0%) | $503,987 (-13.9%) | 0.00 | 148 |
2023-05-01 | $342,000 (0.6%) | $532,149 (2.2%) | 0.00 | 153 |
2023-06-01 | $364,950 (4.5%) | $534,106 (5.0%) | 0.00 | 159 |
2023-07-01 | $347,450 (3.7%) | $521,127 (3.5%) | 0.00 | 170 |
2023-08-01 | $338,975 (1.2%) | $502,339 (7.5%) | 0.00 | 171 |
2023-09-01 | $335,000 (-4.1%) | $488,198 (8.6%) | 0.00 | 165 |
2023-10-01 | $349,950 (31.1%) | $471,758 (15.6%) | 0.00 | 155 |
2023-11-01 | $349,950 (31.1%) | $483,670 (21.8%) | 0.00 | 146 |
2023-12-01 | $350,000 (31.1%) | $487,257 (22.1%) | 0.00 | 139 |
2024-01-01 | $338,675 (17.3%) | $481,762 (24.2%) | 0.00 | 139 |
2024-02-01 | $329,000 (13.8%) | $486,991 (22.8%) | 0.00 | 151 |
2024-03-01 | $329,450 (6.5%) | $490,503 (16.2%) | 0.00 | 159 |
2024-04-01 | $324,975 (-5.8%) | $482,807 (-4.2%) | 0.00 | 183 |
2024-05-01 | $326,000 (-4.7%) | $477,339 (-10.3%) | 0.00 | 201 |
2024-06-01 | $327,000 (-10.4%) | $472,520 (-11.5%) | 0.00 | 210 |
2024-07-01 | $325,000 (-6.5%) | $469,740 (-9.9%) | 0.00 | 210 |
2024-08-01 | $329,000 (-2.9%) | $449,097 (-10.6%) | 0.00 | 206 |
2024-09-01 | $343,650 (2.6%) | $465,026 (-4.8%) | 0.00 | 197 |
Mount Pleasant's median listing price comes in at 0% of the national average.
Mount Pleasant's average listing price for 2024-09-01 was $465,026, a difference of $-23,172 (-4.8%) versus the prior year and $15,929 versus the prior month.
For the 2024-09-01 period, Mount Pleasant had 197 MLS listings, a difference of -9 listings (-4%) versus the prior month and 32 listings (19%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Mount Pleasant (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,126 sqft |
2018-02-01 | 0 days | 2,201 sqft |
2018-03-01 | 0 days | 2,136 sqft |
2018-04-01 | 0 days | 2,198 sqft |
2018-05-01 | 0 days | 2,212 sqft |
2018-06-01 | 0 days | 2,223 sqft |
2018-07-01 | 0 days | 2,257 sqft |
2018-08-01 | 0 days | 2,276 sqft |
2018-09-01 | 0 days | 2,329 sqft |
2018-10-01 | 0 days | 2,284 sqft |
2018-11-01 | 0 days | 2,262 sqft |
2018-12-01 | 0 days | 2,247 sqft |
2019-01-01 | 0 days | 2,240 sqft |
2019-02-01 | 0 days | 2,245 sqft |
2019-03-01 | 0 days | 2,221 sqft |
2019-04-01 | 0 days | 2,190 sqft |
2019-05-01 | 0 days | 2,319 sqft |
2019-06-01 | 0 days | 2,310 sqft |
2019-07-01 | 0 days | 2,191 sqft |
2019-08-01 | 0 days | 2,199 sqft |
2019-09-01 | 0 days | 2,174 sqft |
2019-10-01 | 0 days | 2,236 sqft |
2019-11-01 | 0 days | 2,253 sqft |
2019-12-01 | 0 days | 2,296 sqft |
2020-01-01 | 0 days | 2,204 sqft |
2020-02-01 | 0 days | 2,253 sqft |
2020-03-01 | 0 days | 2,080 sqft |
2020-04-01 | 0 days | 2,029 sqft |
2020-05-01 | 0 days | 2,075 sqft |
2020-06-01 | 0 days | 2,188 sqft |
2020-07-01 | 0 days | 2,254 sqft |
2020-08-01 | 0 days | 2,252 sqft |
2020-09-01 | 0 days | 2,370 sqft |
2020-10-01 | 0 days | 2,238 sqft |
2020-11-01 | 0 days | 2,194 sqft |
2020-12-01 | 0 days | 2,170 sqft |
2021-01-01 | 0 days | 2,258 sqft |
2021-02-01 | 0 days | 2,396 sqft |
2021-03-01 | 0 days | 2,264 sqft |
2021-04-01 | 0 days | 2,345 sqft |
2021-05-01 | 0 days | 2,339 sqft |
2021-06-01 | 0 days | 2,071 sqft |
2021-07-01 | 0 days | 2,097 sqft |
2021-08-01 | 0 days | 2,084 sqft |
2021-09-01 | 0 days | 2,012 sqft |
2021-10-01 | 0 days | 1,992 sqft |
2021-11-01 | 0 days | 2,067 sqft |
2021-12-01 | 0 days | 2,090 sqft |
2022-01-01 | 0 days | 2,058 sqft |
2022-02-01 | 0 days | 2,000 sqft |
2022-03-01 | 0 days | 2,008 sqft |
2022-04-01 | 0 days | 2,000 sqft |
2022-05-01 | 0 days | 2,000 sqft |
2022-06-01 | 0 days | 2,009 sqft |
2022-07-01 | 0 days | 2,024 sqft |
2022-08-01 | 0 days | 2,000 sqft |
2022-09-01 | 0 days | 2,000 sqft |
2022-10-01 | 0 days | 1,753 sqft |
2022-11-01 | 0 days | 1,771 sqft |
2022-12-01 | 0 days | 1,782 sqft |
2023-01-01 | 0 days | 1,796 sqft |
2023-02-01 | 0 days | 1,753 sqft |
2023-03-01 | 0 days | 1,888 sqft |
2023-04-01 | 0 days | 2,074 sqft |
2023-05-01 | 0 days | 2,055 sqft |
2023-06-01 | 0 days | 2,063 sqft |
2023-07-01 | 0 days | 2,069 sqft |
2023-08-01 | 0 days | 2,078 sqft |
2023-09-01 | 0 days | 2,065 sqft |
2023-10-01 | 0 days | 2,023 sqft |
2023-11-01 | 0 days | 2,009 sqft |
2023-12-01 | 0 days | 2,009 sqft |
2024-01-01 | 0 days | 2,002 sqft |
2024-02-01 | 0 days | 1,985 sqft |
2024-03-01 | 0 days | 2,006 sqft |
2024-04-01 | 0 days | 2,004 sqft |
2024-05-01 | 0 days | 2,015 sqft |
2024-06-01 | 0 days | 2,019 sqft |
2024-07-01 | 0 days | 2,010 sqft |
2024-08-01 | 0 days | 1,960 sqft |
2024-09-01 | 0 days | 1,950 sqft |
Mount Pleasant's median square footage for active listings during the 2024-09-01 period was 1,950 sqft. One year prior, the average listing was 2,065 sqft.
Mount Pleasant, TX Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 373 | $88,605,000 | $237,547 |
Refi | 58 | $12,810,000 | $220,862 |
Home Improvement | 45 | $4,135,000 | $91,889 |
Cash Out Refi | 45 | $7,615,000 | $169,222 |
Other | 28 | $2,850,000 | $101,786 |
Mount Pleasant's most frequently cited loan purpose was Home Purchase, with 373 originations. The 2nd most popular reason was Refi, with 58 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 165 | $43,175,000 | $261,667 |
7-8% | 143 | $28,915,000 | $202,203 |
Over 8% | 71 | $9,305,000 | $131,056 |
5-6% | 46 | $11,690,000 | $254,130 |
4-5% | 11 | $1,875,000 | $170,455 |
During 2023, Mount Pleasant's most frequently originated rate bucket was 6-7%, with 165 originations.
Loan Sizing (Mount Pleasant, TX MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 187 | $27,705,000 | $148,155 |
$200k-400k | 184 | $50,920,000 | $276,739 |
$100,000 or less | 127 | $7,645,000 | $60,197 |
$400k-600k | 33 | $15,705,000 | $475,909 |
$600k-1000k | 15 | $10,605,000 | $707,000 |
$Over $1MM | 3 | $3,435,000 | $1,145,000 |
Mount Pleasant's loan sizing saw the bucket of loans from $100k-200k with 187 originations, totaling $27,705,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 201 | $49,785,000 | $247,687 |
60-80% | 106 | $26,680,000 | $251,698 |
20-40% | 53 | $7,305,000 | $137,830 |
40-60% | 45 | $9,045,000 | $201,000 |
Under 20% | 28 | $1,710,000 | $61,071 |
Over 100% | 2 | $390,000 | $195,000 |
Mount Pleasant's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 201 originations, totaling $49,785,000 in origination value.