Mountain Home Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Mountain Home averaged
5.93%
for the week of 2023-05-25, compared to the national average of
6.57% for the same period.
The average rate for the prior week (2023-05-18) was
5.85% and
one month ago for the week of 2023-04-20, the
average rate was 6.15%.
Mountain Home's average rate one year ago was 4.81%.
For refis of the same type during the week of 2023-05-25, the average rate
was 6.87%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-05-25 | 6.57% |
Mountain Home 30 Year Fixed Rate | 2023-05-25 | 5.93% |
Mountain Home 30 Year Fixed Rate Refi | 2023-05-25 | 6.87% |
Mountain Home 15 Year Fixed Rate | 2023-05-25 | 6.17% |
Mountain Home 15 Year Fixed Rate Refi | 2023-05-25 | 6.47% |
Mountain Home 30 Year FHA | 2023-05-25 | 6.71% |
Mountain Home 30 Year FHA Refi | 2023-05-25 | 6.71% |
Mountain Home 30 Year USDA | 2023-05-25 | 6.53% |
Mountain Home 30 Year USDA Refi | 2023-05-25 | 6.83% |
Mountain Home 30 Year VA | 2023-05-25 | 6.41% |
Mountain Home 30 Year VA Refi | 2023-05-25 | 6.61% |
Mountain Home 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 Mountain Home, AR 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.).
Mountain Home Average Closing Costs & Other Stats
Mountain Home, AR's 75 lenders originated 1,264
loans during 2022. The total origination value was $221,830,000, with an average loan value of
$175,498.
Mountain Home's average closing costs are $3,568.
The top Mountain Home lender as defined by loan originations is Arvest Bank, with
65 loans originated. Their average total fees are
$2,926, which is $988
lower than the next largest lender,
Plains Commerce Bank.
The lowest fee Mountain Home lenders (with over 10 loans originated) are
First Security Bank ($2,514), Arvest Bank ($2,926), First Community Bank ($3,065), Plains Commerce Bank ($3,914) and Wells Fargo Bank ($4,465).
The lowest rate Mountain Home lenders (with over 10 loans originated) are
Plains Commerce Bank (4.31%), Arvest Bank (4.65%), QUICKEN LOANS, LLC (4.70%), First Community Bank (4.85%) and First Security Bank (4.92%).
Mountain Home, AR 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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
MID AMERICA MORTGAGE, INC. | $22,510,000 | $38,865,000 | 72.7% | 17.5% |
Arvest Bank | $27,220,000 | $23,660,000 | -13.1% | 10.7% |
Anstaff Bank | $13,970,000 | $20,075,000 | 43.7% | 9.0% |
First Community Bank | $13,890,000 | $19,390,000 | 39.6% | 8.7% |
First Security Bank | $16,760,000 | $14,025,000 | -16.3% | 6.3% |
Plains Commerce Bank | $53,420,000 | $13,280,000 | -75.1% | 6.0% |
QUICKEN LOANS, LLC | $17,430,000 | $9,675,000 | -44.5% | 4.4% |
DAS Acquisition Company, LLC | $3,200,000 | $5,290,000 | 65.3% | 2.4% |
The Farmers & Merchants Bank | $9,990,000 | $5,140,000 | -48.5% | 2.3% |
FNBC Bank | $4,150,000 | $4,995,000 | 20.4% | 2.3% |
FREEDOM MORTGAGE CORPORATION | $21,500,000 | $4,620,000 | -78.5% | 2.1% |
Mortgage Research Center, LLC | $4,880,000 | $4,460,000 | -8.6% | 2.0% |
U.S. Bank | $4,955,000 | $3,220,000 | -35.0% | 1.5% |
Signature Bank of Arkansas | $85,000 | $2,565,000 | 2,917.6% | 1.2% |
FirstTrust Home Loans, Inc. | $4,640,000 | $2,425,000 | -47.7% | 1.1% |
First National Bank | $1,120,000 | $2,305,000 | 105.8% | 1.0% |
UNITED WHOLESALE MORTGAGE, LLC | $215,000 | $2,155,000 | 902.3% | 1.0% |
AMERISAVE MORTGAGE CORPORATION | $2,080,000 | $2,095,000 | 0.7% | 0.9% |
Wells Fargo Bank | $3,275,000 | $1,770,000 | -46.0% | 0.8% |
Baxter Credit Union | $4,220,000 | $1,625,000 | -61.5% | 0.7% |
PNC Bank | $1,320,000 | $1,620,000 | 22.7% | 0.7% |
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $3,540,000 | $1,595,000 | -54.9% | 0.7% |
NAVY FEDERAL CREDIT UNION | $1,460,000 | $1,535,000 | 5.1% | 0.7% |
Centennial Bank | $3,350,000 | $1,505,000 | -55.1% | 0.7% |
PENNYMAC LOAN SERVICES, LLC | $3,055,000 | $1,360,000 | -55.5% | 0.6% |
NEW DAY FINANCIAL, LLC | $2,165,000 | $1,295,000 | -40.2% | 0.6% |
BancorpSouth Bank | $350,000 | $1,180,000 | 237.1% | 0.5% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $455,000 | $1,170,000 | 157.1% | 0.5% |
CALIBER HOME LOANS, INC. | $975,000 | $1,130,000 | 15.9% | 0.5% |
LOANDEPOT.COM, LLC | $2,115,000 | $845,000 | -60.0% | 0.4% |
Mr. Cooper ( Nationstar Mortgage ) | $1,720,000 | $835,000 | -51.5% | 0.4% |
Simmons Bank | $2,690,000 | $775,000 | -71.2% | 0.3% |
Bank of England | $1,205,000 | $765,000 | -36.5% | 0.3% |
ENCORE BANK | $990,000 | $760,000 | -23.2% | 0.3% |
BROKER SOLUTIONS, INC. | $215,000 | $755,000 | 251.2% | 0.3% |
Focus Bank | $940,000 | $720,000 | -23.4% | 0.3% |
USAA Federal Savings Bank | $880,000 | $700,000 | -20.5% | 0.3% |
First National Bank of North Arkansas | $1,020,000 | $635,000 | -37.7% | 0.3% |
Bank OZK | $1,350,000 | $630,000 | -53.3% | 0.3% |
21ST MORTGAGE CORPORATION | $580,000 | $595,000 | 2.6% | 0.3% |
North American Savings Bank, F.S.B. | $185,000 | $595,000 | 221.6% | 0.3% |
Regions Bank | $705,000 | $590,000 | -16.3% | 0.3% |
Commerce Bank | $585,000 | n/a | 0.3% | |
Eagle Bank and Trust Company | $535,000 | n/a | 0.2% | |
Origin Bank | $510,000 | n/a | 0.2% | |
LAKEVIEW LOAN SERVICING, LLC | $1,370,000 | $475,000 | -65.3% | 0.2% |
Unico Bank | $795,000 | $460,000 | -42.1% | 0.2% |
Northpointe Bank | $450,000 | n/a | 0.2% | |
Gateway First Bank | $1,005,000 | $440,000 | -56.2% | 0.2% |
Buena Vista National Bank | $425,000 | n/a | 0.2% | |
GMFS LLC | $415,000 | n/a | 0.2% | |
CMG MORTGAGE, INC. | $410,000 | n/a | 0.2% | |
First State Community Bank | $410,000 | n/a | 0.2% | |
ACADEMY MORTGAGE CORPORATION | $435,000 | $405,000 | -6.9% | 0.2% |
GUILD MORTGAGE COMPANY | $1,455,000 | $405,000 | -72.2% | 0.2% |
Chambers Bank | $395,000 | n/a | 0.2% | |
ARKANSAS Federal Credit Union | $395,000 | $380,000 | -3.8% | 0.2% |
Citizens Bank | $375,000 | n/a | 0.2% | |
DELMAR FINANCIAL COMPANY | $375,000 | n/a | 0.2% | |
JPMorgan Chase Bank | $1,320,000 | $355,000 | -73.1% | 0.2% |
PENTAGON FEDERAL CREDIT UNION | $175,000 | $340,000 | 94.3% | 0.2% |
MORIA DEVELOPMENT, INC. | $320,000 | n/a | 0.1% | |
TJC Mortgage, Inc. | $620,000 | $315,000 | -49.2% | 0.1% |
Ameris Bank | $310,000 | n/a | 0.1% | |
TRIAD FINANCIAL SERVICES, INC. | $255,000 | $310,000 | 21.6% | 0.1% |
Southern Bancorp Bank | $295,000 | n/a | 0.1% | |
Southern Bank | $130,000 | $290,000 | 123.1% | 0.1% |
First Service Bank | $505,000 | $280,000 | -44.6% | 0.1% |
POLARIS HOME FUNDING CORP. | $280,000 | n/a | 0.1% | |
SOVEREIGN LENDING GROUP INCORPORATED | $275,000 | n/a | 0.1% | |
MISSOURI ELECTRIC COOPERATIVES EMPL | $260,000 | n/a | 0.1% | |
AMERICAN FINANCIAL RESOURCES, INC. | $270,000 | $255,000 | -5.6% | 0.1% |
CITIZENS EQUITY FIRST | $105,000 | $250,000 | 138.1% | 0.1% |
Flagstar Bank, FSB | $510,000 | $240,000 | -52.9% | 0.1% |
ENDEAVOR CAPITAL, LLC. | $115,000 | $235,000 | 104.3% | 0.1% |
PLANET HOME LENDING, LLC | $205,000 | $235,000 | 14.6% | 0.1% |
STOCKTON MORTGAGE CORPORATION | $235,000 | n/a | 0.1% | |
VANTAGE Credit Union | $235,000 | n/a | 0.1% | |
NEWREZ LLC | $405,000 | $220,000 | -45.7% | 0.1% |
CROSSCOUNTRY MORTGAGE, LLC | $205,000 | n/a | 0.1% | |
KINECTA | $205,000 | n/a | 0.1% | |
TELCOE FEDERAL CREDIT UNION | $600,000 | $205,000 | -65.8% | 0.1% |
The Nodaway Valley Bank | $205,000 | n/a | 0.1% | |
DEEPHAVEN MORTGAGE LLC | $195,000 | n/a | 0.1% | |
First Western Trust Bank | $195,000 | n/a | 0.1% | |
Great Southern Bank | $175,000 | n/a | 0.1% | |
GUARANTEED RATE, INC. | $230,000 | $175,000 | -23.9% | 0.1% |
AMERICAN FINANCING CORPORATION | $210,000 | $170,000 | -19.0% | 0.1% |
BANK OF LITTLE ROCK MORTGAGE CORPORATION | $170,000 | n/a | 0.1% | |
Bank of Bartlett | $165,000 | n/a | 0.1% | |
SWBC MORTGAGE CORPORATION | $225,000 | $165,000 | -26.7% | 0.1% |
CHURCHILL MORTGAGE CORPORATION | $190,000 | $155,000 | -18.4% | 0.1% |
First Horizon Bank | $290,000 | $155,000 | -46.6% | 0.1% |
NBKC BANK | $155,000 | n/a | 0.1% | |
CLEARPATH LENDING | $125,000 | $145,000 | 16.0% | 0.1% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $135,000 | $145,000 | 7.4% | 0.1% |
WILLOW BEND MORTGAGE COMPANY, LLC | $145,000 | n/a | 0.1% | |
ADVANCIAL | $135,000 | n/a | 0.1% | |
BETTER MORTGAGE CORPORATION | $115,000 | $135,000 | 17.4% | 0.1% |
FIRST INTEGRITY MORTGAGE SERVICES, INC. | $135,000 | n/a | 0.1% | |
M&T Bank | $135,000 | n/a | 0.1% | |
NFM, INC. | $135,000 | n/a | 0.1% | |
Sierra Pacific Mortgage Company, Inc. | $135,000 | n/a | 0.1% | |
Bank of America | $485,000 | $125,000 | -74.2% | 0.1% |
The Home Loan Expert LLC | $155,000 | $120,000 | -22.6% | 0.1% |
AmeriHome Mortgage Company, LLC | $115,000 | n/a | 0.1% | |
BAY EQUITY LLC | $105,000 | n/a | 0.0% | |
LOANPEOPLE, LLC | $105,000 | n/a | 0.0% | |
Truist | $105,000 | n/a | 0.0% | |
Central Bank Illinois | $85,000 | n/a | 0.0% | |
United Community Bank | $85,000 | n/a | 0.0% | |
Evolve Bank & Trust | $75,000 | n/a | 0.0% | |
Equity Bank | $135,000 | $65,000 | -51.9% | 0.0% |
KeyBank | $65,000 | n/a | 0.0% | |
Orion Federal Credit Union | $65,000 | n/a | 0.0% | |
Lakeview Community Capital, LLC | $60,000 | n/a | 0.0% | |
Discover Bank | $130,000 | $55,000 | -57.7% | 0.0% |
ITHINK FINANCIAL Credit Union | $45,000 | n/a | 0.0% | |
SUCCESS Federal Credit Union | $420,000 | $45,000 | -89.3% | 0.0% |
Mountain Home's top lender by overall market share is MID AMERICA MORTGAGE, INC., with 17.5% market share. In second place, with 10.7%, is Arvest Bank, having originated $23,660,000 in loans. In third place, with 9.0%, is Anstaff Bank, having originated $20,075,000 in loans. In fourth place, with 8.7%, is First Community Bank, having originated $19,390,000 in loans. In fifth place, with 6.3%, is First Security Bank, having originated $14,025,000 in loans.
Mountain Home Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Mountain Home (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 | $159,900 (6.7%) | $234,211 (10.6%) | 0.00 | 331 |
2018-02-01 | $155,925 (4.0%) | $232,536 (8.9%) | 0.00 | 325 |
2018-03-01 | $169,125 (6.1%) | $239,974 (11.8%) | 0.00 | 332 |
2018-04-01 | $169,413 (2.4%) | $233,165 (4.6%) | 0.00 | 349 |
2018-05-01 | $170,925 (4.3%) | $237,374 (6.6%) | 0.00 | 349 |
2018-06-01 | $175,500 (9.8%) | $248,244 (12.3%) | 0.00 | 351 |
2018-07-01 | $179,500 (14.7%) | $255,019 (17.9%) | 0.00 | 361 |
2018-08-01 | $182,100 (14.2%) | $258,674 (18.7%) | 0.00 | 359 |
2018-09-01 | $186,250 (13.0%) | $261,805 (19.7%) | 0.00 | 358 |
2018-10-01 | $189,000 (14.6%) | $262,421 (19.8%) | 0.00 | 356 |
2018-11-01 | $189,500 (18.0%) | $267,914 (20.1%) | 0.00 | 350 |
2018-12-01 | $186,200 (14.3%) | $263,580 (14.4%) | 0.00 | 318 |
2019-01-01 | $184,700 (15.5%) | $260,291 (11.1%) | 0.00 | 311 |
2019-02-01 | $189,900 (21.8%) | $264,405 (13.7%) | 0.00 | 315 |
2019-03-01 | $192,700 (13.9%) | $260,991 (8.8%) | 0.00 | 314 |
2019-04-01 | $199,700 (17.9%) | $275,305 (18.1%) | 0.00 | 304 |
2019-05-01 | $194,625 (13.9%) | $276,172 (16.3%) | 0.00 | 302 |
2019-06-01 | $199,000 (13.4%) | $281,343 (13.3%) | 0.00 | 305 |
2019-07-01 | $195,950 (9.2%) | $291,396 (14.3%) | 0.00 | 307 |
2019-08-01 | $199,900 (9.8%) | $302,482 (16.9%) | 0.00 | 288 |
2019-09-01 | $197,450 (6.0%) | $301,035 (15.0%) | 0.00 | 287 |
2019-10-01 | $192,450 (1.8%) | $285,239 (8.7%) | 0.00 | 292 |
2019-11-01 | $195,000 (2.9%) | $279,988 (4.5%) | 0.00 | 268 |
2019-12-01 | $189,900 (2.0%) | $282,251 (7.1%) | 0.00 | 249 |
2020-01-01 | $196,975 (6.7%) | $290,339 (11.5%) | 0.00 | 244 |
2020-02-01 | $199,900 (5.3%) | $295,141 (11.6%) | 0.00 | 236 |
2020-03-01 | $220,950 (14.7%) | $305,459 (17.0%) | 0.00 | 230 |
2020-04-01 | $207,400 (3.9%) | $301,402 (9.5%) | 0.00 | 228 |
2020-05-01 | $229,900 (18.1%) | $317,519 (15.0%) | 0.00 | 201 |
2020-06-01 | $233,450 (17.3%) | $321,032 (14.1%) | 0.00 | 185 |
2020-07-01 | $237,650 (21.3%) | $335,122 (15.0%) | 0.00 | 176 |
2020-08-01 | $244,900 (22.5%) | $332,376 (9.9%) | 0.00 | 165 |
2020-09-01 | $242,450 (22.8%) | $342,892 (13.9%) | 0.00 | 156 |
2020-10-01 | $246,200 (27.9%) | $344,548 (20.8%) | 0.00 | 152 |
2020-11-01 | $238,675 (22.4%) | $350,044 (25.0%) | 0.00 | 146 |
2020-12-01 | $246,175 (29.6%) | $356,297 (26.2%) | 0.00 | 148 |
2021-01-01 | $269,900 (37.0%) | $389,894 (34.3%) | 0.00 | 121 |
2021-02-01 | $269,450 (34.8%) | $389,921 (32.1%) | 0.00 | 108 |
2021-03-01 | $259,900 (17.6%) | $383,817 (25.7%) | 0.00 | 95 |
2021-04-01 | $296,875 (43.1%) | $428,307 (42.1%) | 0.00 | 73 |
2021-05-01 | $243,700 (6.0%) | $360,668 (13.6%) | 0.00 | 71 |
2021-06-01 | $232,425 (-0.4%) | $373,770 (16.4%) | 0.00 | 77 |
2021-07-01 | $229,900 (-3.3%) | $359,008 (7.1%) | 0.00 | 95 |
2021-08-01 | $249,900 (2.0%) | $367,651 (10.6%) | 0.00 | 98 |
2021-09-01 | $261,475 (7.9%) | $386,408 (12.7%) | 0.00 | 122 |
2021-10-01 | $259,900 (5.6%) | $394,806 (14.6%) | 0.00 | 129 |
2021-11-01 | $245,875 (3.0%) | $370,099 (5.7%) | 0.00 | 128 |
2021-12-01 | $218,950 (-11.1%) | $356,350 (0.0%) | 0.00 | 110 |
2022-01-01 | $212,450 (-21.3%) | $371,660 (-4.7%) | 0.00 | 106 |
2022-02-01 | $232,450 (-13.7%) | $395,690 (1.5%) | 0.00 | 106 |
2022-03-01 | $249,699 (-3.9%) | $430,767 (12.2%) | 0.00 | 96 |
2022-04-01 | $249,948 (-15.8%) | $423,208 (-1.2%) | 0.00 | 99 |
2022-05-01 | $259,250 (6.4%) | $413,850 (14.8%) | 0.00 | 112 |
2022-06-01 | $265,825 (14.4%) | $418,664 (12.0%) | 0.00 | 119 |
2022-07-01 | $266,950 (16.1%) | $390,633 (8.8%) | 0.00 | 130 |
2022-08-01 | $273,775 (9.6%) | $390,009 (6.1%) | 0.00 | 141 |
2022-09-01 | $257,325 (-1.6%) | $387,970 (0.4%) | 0.00 | 137 |
2022-10-01 | $250,000 (-3.8%) | $374,381 (-5.2%) | 0.00 | 150 |
2022-11-01 | $255,000 (3.7%) | $375,030 (1.3%) | 0.00 | 157 |
2022-12-01 | $271,250 (23.9%) | $388,534 (9.0%) | 0.00 | 133 |
2023-01-01 | $282,325 (32.9%) | $391,639 (5.4%) | 0.00 | 135 |
2023-02-01 | $279,975 (20.5%) | $393,357 (-0.6%) | 0.00 | 123 |
2023-03-01 | $246,125 (-1.4%) | $374,786 (-13.0%) | 0.00 | 123 |
2023-04-01 | $249,450 (-0.2%) | $349,742 (-17.4%) | 0.00 | 114 |
Mountain Home's median listing price comes in at 0% of the national average.
Mountain Home's average listing price for 2023-04-01 was $349,742, a difference of $-73,466 (-17.4%) versus the prior year and $-25,044 versus the prior month.
For the 2023-04-01 period, Mountain Home had 114 MLS listings, a difference of -9 listings (-7%) versus the prior month and 15 listings (15%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Mountain Home (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,778 sqft |
2018-02-01 | 0 days | 1,741 sqft |
2018-03-01 | 0 days | 1,763 sqft |
2018-04-01 | 0 days | 1,753 sqft |
2018-05-01 | 0 days | 1,764 sqft |
2018-06-01 | 0 days | 1,753 sqft |
2018-07-01 | 0 days | 1,789 sqft |
2018-08-01 | 0 days | 1,837 sqft |
2018-09-01 | 0 days | 1,880 sqft |
2018-10-01 | 0 days | 1,866 sqft |
2018-11-01 | 0 days | 1,877 sqft |
2018-12-01 | 0 days | 1,863 sqft |
2019-01-01 | 0 days | 1,842 sqft |
2019-02-01 | 0 days | 1,875 sqft |
2019-03-01 | 0 days | 1,810 sqft |
2019-04-01 | 0 days | 1,900 sqft |
2019-05-01 | 0 days | 1,899 sqft |
2019-06-01 | 0 days | 1,900 sqft |
2019-07-01 | 0 days | 1,900 sqft |
2019-08-01 | 0 days | 1,900 sqft |
2019-09-01 | 0 days | 1,885 sqft |
2019-10-01 | 0 days | 1,849 sqft |
2019-11-01 | 0 days | 1,810 sqft |
2019-12-01 | 0 days | 1,801 sqft |
2020-01-01 | 0 days | 1,810 sqft |
2020-02-01 | 0 days | 1,900 sqft |
2020-03-01 | 0 days | 1,900 sqft |
2020-04-01 | 0 days | 1,900 sqft |
2020-05-01 | 0 days | 1,900 sqft |
2020-06-01 | 0 days | 2,005 sqft |
2020-07-01 | 0 days | 2,180 sqft |
2020-08-01 | 0 days | 2,250 sqft |
2020-09-01 | 0 days | 2,250 sqft |
2020-10-01 | 0 days | 2,250 sqft |
2020-11-01 | 0 days | 2,250 sqft |
2020-12-01 | 0 days | 2,250 sqft |
2021-01-01 | 0 days | 2,060 sqft |
2021-02-01 | 0 days | 2,060 sqft |
2021-03-01 | 0 days | 2,064 sqft |
2021-04-01 | 0 days | 2,100 sqft |
2021-05-01 | 0 days | 2,060 sqft |
2021-06-01 | 0 days | 1,948 sqft |
2021-07-01 | 0 days | 1,971 sqft |
2021-08-01 | 0 days | 1,839 sqft |
2021-09-01 | 0 days | 1,989 sqft |
2021-10-01 | 0 days | 1,855 sqft |
2021-11-01 | 0 days | 1,822 sqft |
2021-12-01 | 0 days | 1,773 sqft |
2022-01-01 | 0 days | 1,742 sqft |
2022-02-01 | 0 days | 1,937 sqft |
2022-03-01 | 0 days | 1,986 sqft |
2022-04-01 | 0 days | 1,895 sqft |
2022-05-01 | 0 days | 1,961 sqft |
2022-06-01 | 0 days | 1,840 sqft |
2022-07-01 | 0 days | 1,794 sqft |
2022-08-01 | 0 days | 1,907 sqft |
2022-09-01 | 0 days | 1,856 sqft |
2022-10-01 | 0 days | 1,848 sqft |
2022-11-01 | 0 days | 1,880 sqft |
2022-12-01 | 0 days | 1,825 sqft |
2023-01-01 | 0 days | 1,809 sqft |
2023-02-01 | 0 days | 1,750 sqft |
2023-03-01 | 0 days | 1,695 sqft |
2023-04-01 | 0 days | 1,695 sqft |
Mountain Home's median square footage for active listings during the 2023-04-01 period was 1,695 sqft. One year prior, the average listing was 1,895 sqft.
Mountain Home, AR Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 746 | $142,080,000 | $190,456 |
Cash Out Refi | 196 | $32,320,000 | $164,898 |
Refi | 177 | $34,585,000 | $195,395 |
Home Improvement | 78 | $6,740,000 | $86,410 |
Other | 67 | $6,105,000 | $91,119 |
Mountain Home's most frequently cited loan purpose was Home Purchase, with 746 originations. The 2nd most popular reason was Cash Out Refi, with 196 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
4-5% | 311 | $58,245,000 | $187,283 |
5-6% | 282 | $46,460,000 | $164,752 |
3-4% | 267 | $49,525,000 | $185,487 |
6-7% | 122 | $17,460,000 | $143,115 |
2.5-3% | 61 | $11,565,000 | $189,590 |
7-8% | 49 | $5,495,000 | $112,143 |
Over 8% | 20 | $1,420,000 | $71,000 |
<2.5% | 15 | $3,465,000 | $231,000 |
During 2022, Mountain Home's most frequently originated rate bucket was 4-5%, with 311 originations.
Loan Sizing (Mountain Home, AR MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 598 | $86,660,000 | $144,916 |
$100,000 or less | 335 | $20,565,000 | $61,388 |
$200k-400k | 279 | $73,635,000 | $263,925 |
$400k-600k | 31 | $14,895,000 | $480,484 |
$600k-1000k | 12 | $8,070,000 | $672,500 |
$Over $1MM | 9 | $18,005,000 | $2,000,556 |
Mountain Home's loan sizing saw the bucket of loans from $100k-200k with 598 originations, totaling $86,660,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 479 | $94,165,000 | $196,587 |
60-80% | 327 | $65,185,000 | $199,343 |
40-60% | 147 | $20,155,000 | $137,109 |
20-40% | 102 | $8,210,000 | $80,490 |
Under 20% | 56 | $2,060,000 | $36,786 |
Over 100% | 12 | $3,330,000 | $277,500 |
Mountain Home's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 479 originations, totaling $94,165,000 in origination value.