OWENSBORO Mortgage Rates

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Owensboro averaged 5.69% 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 6.2% and one month ago for the week of 2022-05-26, the average rate was 5.39%.

Owensboro's average rate one year ago was 3.12%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.78%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Owensboro 30 Year Fixed Rate 2022-06-30 5.69%
Owensboro 30 Year Fixed Rate Refi 2022-06-30 5.78%
Owensboro 15 Year Fixed Rate 2022-06-30 5.56%
Owensboro 15 Year Fixed Rate Refi 2022-06-30 5.26%
Owensboro 30 Year FHA 2022-06-30 5.75%
Owensboro 30 Year FHA Refi 2022-06-30 5.6%
Owensboro 30 Year USDA 2022-06-30 5.63%
Owensboro 30 Year USDA Refi 2022-06-30 5.25%
Owensboro 30 Year VA 2022-06-30 5.86%
Owensboro 30 Year VA Refi 2022-06-30 5.64%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within OWENSBORO, KY.

OWENSBORO 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 OWENSBORO, KY 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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
EVANSVILLE TEACHERS 501 3.05% $2,538
Independence Bank of Kentucky 157 3.31% $2,439
RUOFF MORTGAGE COMPANY, INC. 118 3.16% $2,222
U.S. Bank 96 3.12% $2,662
QUICKEN LOANS, LLC 81 3.17% $4,541
Old National Bank 80 3.13% $2,540
German American Bank 72 3.26% $2,718
UNITED WHOLESALE MORTGAGE, LLC 58 3.02% $3,806
SOUTH CENTRAL BANK, INC. 53 3.02% $2,473
FBC MORTGAGE, LLC 45 3.14% $3,535
Truist Bank 26 3.09% $2,928
JPMorgan Chase Bank 24 3.13% $2,381
Farm Credit Mid-America, ACA 21 3.59% $6,508
PRIMARY RESIDENTIAL MORTGAGE, INC. 19 3.22% $3,696
AMERISAVE MORTGAGE CORPORATION 17 2.91% $5,455
Sierra Pacific Mortgage Company, Inc. 17 3.46% $4,233
Fifth Third Bank 13 3.45% $2,588
LOANDEPOT.COM, LLC 11 3.10% $5,322
PENNYMAC LOAN SERVICES, LLC 10 3.47% $4,775
Wells Fargo Bank 9 3.35% $2,764
Citizens Bank 9 3.03% $2,570
Bank of England 8 3.44% $3,236
Mr. Cooper ( Nationstar Mortgage ) 8 3.48% $4,280
PNC Bank 7 3.05% $2,711
ROYAL UNITED MORTGAGE LLC 7 3.52% $5,200
Heritage Federal Credit Union 6 3.25% $2,368
HOME POINT FINANCIAL CORPORATION 6 3.37% $3,039
BROKER SOLUTIONS, INC. 6 3.27% $3,411
STOCKTON MORTGAGE CORPORATION 6 3.29% $3,240
Republic Bank & Trust Company 6 2.94% $2,627
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 3.38% $3,086
GUARANTY HOME MORTGAGE CORPORATION 5 2.90% $2,855
BETTER MORTGAGE CORPORATION 4 3.22% $3,596
AMERIFIRST FINANCIAL CORPORATION 4 2.88% $4,136
KELLER MORTGAGE, LLC 4 3.06% $2,778
MOVEMENT MORTGAGE, LLC 4 3.01% $4,005
NEWREZ LLC 3 3.04% $3,609
NBKC BANK 3 3.00% $1,903
NAVY FEDERAL CREDIT UNION 3 3.46% $3,268
Prosperity Home Mortgage, LLC 3 3.13% $3,216
MUTUAL OF OMAHA MORTGAGE, INC. 3 3.54% $4,143
Mortgage Research Center, LLC 3 3.58% $1,528
MORTGAGE MASTERS OF INDIANA, INC. 3 3.08% $2,702
CALIBER HOME LOANS, INC. 3 3.33% $3,621
HOMESIDE FINANCIAL, LLC 3 3.29% $5,721
AMERICAN FINANCING CORPORATION 3 3.42% $3,778
TRANSCEND 3 3.25% $1,950
Abound Federal Credit Union 2 3.13% $1,677
Ally Bank 2 2.69% $7,662
CHURCHILL MORTGAGE CORPORATION 2 3.38% $3,938
EVERETT FINANCIAL, INC. 2 3.63% $2,227
FirstBank 2 3.06% $2,531
FIRST COMMUNITY MORTGAGE, INC. 2 3.13% $3,130
First Savings Bank 2 3.00% $3,588
FREEDOM MORTGAGE CORPORATION 2 3.06% $3,585
Magnolia Bank 2 3.18% $1,971
PROVIDENT FUNDING ASSOCIATES, L.P. 2 2.69% $2,294
The Huntington National Bank 2 2.69% $3,230
Wyndham Capital Mortgage, Inc. 2 3.06% $2,177
GUARANTEED RATE AFFINITY, LLC 1 3.25% $3,113
Gateway First Bank 1 3.13% $3,600
F&M Bank 1 3.25% $2,546
Flagstar Bank, FSB 1 2.75% $2,889
First Guaranty Mortgage Corporation 1 2.75% $2,812
First Financial Bank 1 2.75% $3,204
First Financial Bank 1 4.25% $2,792
Northpointe Bank 1 2.88% $4,479
Discover Bank 1 7.99% $0
Paramount Residential Mortgage Group, Inc. 1 2.99% $4,027
DELMAR FINANCIAL COMPANY 1 2.88% $3,404
PENTAGON FEDERAL CREDIT UNION 1 3.00% $4,625
PLAZA HOME MORTGAGE, INC. 1 2.99% $3,413
CROSSCOUNTRY MORTGAGE, LLC 1 3.13% $11,231
COMPEER FINANCIAL, FLCA 1 4.38% $2,681
Commonwealth Bank and Trust Company 1 3.63% $2,937
ALLIANT CREDIT UNION 1 2.50% $2,628
Colten Mortgage, LLC 1 2.88% $3,327
Regions Bank 1 2.88% $3,740
Colonial Savings, F.A. 1 3.50% $3,228
RESIDENTIAL BANCORP. 1 3.49% $3,098
Citibank 1 2.88% $2,752
Central Bank & Trust Company 1 2.63% $2,073
CELEBRITY HOME LOANS, LLC 1 3.13% $3,082
Carrington Mortgage Services, LLC 1 3.25% $3,630
SOUTHWEST FUNDING, LP 1 3.38% $8,104
STEARNS LENDING, LLC 1 2.88% $3,720
CapStar Bank 1 2.75% $2,510
Stock Yards Bank & Trust Company 1 3.63% $3,702
The Cecilian Bank 1 4.19% $2,778
The Farmers Bank 1 3.13% $2,749
ZILLOW HOME LOANS, LLC 1 3.63% $2,118
The Union Bank Company 1 3.00% $6,185
THRIVENT Federal Credit Union 1 3.00% $3,045
TOP FLITE FINANCIAL, INC. 1 3.50% $5,030
Baxter Credit Union 1 3.25% $2,828
Bank of America 1 2.88% $2,944
UNIFY FINANCIAL Credit Union 1 3.03% $2,114
UNION HOME MORTGAGE CORP. 1 2.88% $3,633
AMERICAN MORTGAGE SERVICE COMPANY 1 2.75% $2,677
AMERICAN FINANCIAL NETWORK, INC. 1 3.38% $8,672
U S WIDE FINANCIAL LLC 1 3.50% $1,535
Manufacturers and Traders Trust Company 1 2.88% $2,246
MICHIGAN MUTUAL, INC. 1 2.99% $4,325
Hometown Lenders, Inc. 1 3.50% $2,736

OWENSBORO, KY's 104 lenders originated 4,936 loans during 2021. The total origination value was $819,200,000, with an average loan value of $165,964.

The top OWENSBORO lender as defined by loan originations is EVANSVILLE TEACHERS, with 501 loans originated. Their average total fees are $2,538, which is $99 higher than the next largest lender, Independence Bank of Kentucky.

The lowest fee OWENSBORO lenders (with over 10 loans originated) are RUOFF MORTGAGE COMPANY, INC. ($2,222), JPMorgan Chase Bank ($2,381), Independence Bank of Kentucky ($2,439), SOUTH CENTRAL BANK, INC. ($2,473) and EVANSVILLE TEACHERS ($2,538).

The lowest rate OWENSBORO lenders (with over 10 loans originated) are AMERISAVE MORTGAGE CORPORATION (2.91%), UNITED WHOLESALE MORTGAGE, LLC (3.02%), SOUTH CENTRAL BANK, INC. (3.02%), EVANSVILLE TEACHERS (3.05%) and Truist Bank (3.09%).

OWENSBORO, KY 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
EVANSVILLE TEACHERS $236,615,000 $216,220,000 -8.6% 26.4%
Independence Bank of Kentucky $80,520,000 $75,505,000 -6.2% 9.2%
RUOFF MORTGAGE COMPANY, INC. $30,665,000 $50,910,000 66.0% 6.2%
U.S. Bank $44,105,000 $45,080,000 2.2% 5.5%
QUICKEN LOANS, LLC $31,590,000 $38,125,000 20.7% 4.7%
Old National Bank $44,660,000 $37,335,000 -16.4% 4.6%
SOUTH CENTRAL BANK, INC. $36,005,000 $32,625,000 -9.4% 4.0%
German American Bank $28,275,000 $31,035,000 9.8% 3.8%
FBC MORTGAGE, LLC $22,400,000 $26,500,000 18.3% 3.2%
UNITED WHOLESALE MORTGAGE, LLC $9,675,000 $20,210,000 108.9% 2.5%
INB $18,605,000 n/a 2.3%
FREEDOM MORTGAGE CORPORATION $10,960,000 $13,870,000 26.6% 1.7%
Truist Bank $14,010,000 $13,280,000 -5.2% 1.6%
PRIMARY RESIDENTIAL MORTGAGE, INC. $5,200,000 $11,945,000 129.7% 1.5%
Sierra Pacific Mortgage Company, Inc. $13,400,000 $10,900,000 -18.7% 1.3%
Farm Credit Mid-America, ACA $12,280,000 $9,750,000 -20.6% 1.2%
Fifth Third Bank $11,865,000 $9,375,000 -21.0% 1.1%
Mortgage Research Center, LLC $6,065,000 $9,200,000 51.7% 1.1%
AMERISAVE MORTGAGE CORPORATION $2,640,000 $7,185,000 172.2% 0.9%
PENNYMAC LOAN SERVICES, LLC $3,455,000 $6,745,000 95.2% 0.8%
JPMorgan Chase Bank $5,375,000 $6,035,000 12.3% 0.7%
LOANDEPOT.COM, LLC $530,000 $5,890,000 1,011.3% 0.7%
PNC Bank $5,945,000 $5,260,000 -11.5% 0.6%
BERKELEY POINT CAPITAL LLC $4,775,000 n/a 0.6%
TOP FLITE FINANCIAL, INC. $4,140,000 $4,340,000 4.8% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $3,890,000 $3,870,000 -0.5% 0.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $225,000 $3,790,000 1,584.4% 0.5%
NAVY FEDERAL CREDIT UNION $1,750,000 $3,745,000 114.0% 0.5%
Bank of England $5,265,000 $3,520,000 -33.1% 0.4%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $3,515,000 n/a 0.4%
Carrington Mortgage Services, LLC $2,430,000 $3,485,000 43.4% 0.4%
HOME POINT FINANCIAL CORPORATION $695,000 $3,175,000 356.8% 0.4%
Wells Fargo Bank $1,375,000 $3,170,000 130.5% 0.4%
BROKER SOLUTIONS, INC. $420,000 $3,115,000 641.7% 0.4%
MOVEMENT MORTGAGE, LLC $95,000 $3,090,000 3,152.6% 0.4%
F&M Bank $2,970,000 n/a 0.4%
Citizens Bank $1,135,000 $2,315,000 104.0% 0.3%
STOCKTON MORTGAGE CORPORATION $5,050,000 $2,240,000 -55.6% 0.3%
21ST MORTGAGE CORPORATION $1,580,000 $1,805,000 14.2% 0.2%
Republic Bank & Trust Company $1,130,000 $1,680,000 48.7% 0.2%
Limestone Bank, Inc. $1,245,000 $1,600,000 28.5% 0.2%
GUARANTY HOME MORTGAGE CORPORATION $505,000 $1,575,000 211.9% 0.2%
Hancock Bank & Trust Company $2,510,000 $1,555,000 -38.0% 0.2%
LAKEVIEW LOAN SERVICING, LLC $1,125,000 $1,550,000 37.8% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $310,000 $1,465,000 372.6% 0.2%
NEWREZ LLC $315,000 $1,465,000 365.1% 0.2%
HOMESIDE FINANCIAL, LLC $340,000 $1,455,000 327.9% 0.2%
Heritage Federal Credit Union $2,315,000 $1,450,000 -37.4% 0.2%
USAA Federal Savings Bank $2,880,000 $1,225,000 -57.5% 0.1%
CALIBER HOME LOANS, INC. $805,000 $1,215,000 50.9% 0.1%
PENTAGON FEDERAL CREDIT UNION $235,000 $1,165,000 395.7% 0.1%
The Huntington National Bank $210,000 $1,160,000 452.4% 0.1%
AMERICAN FINANCING CORPORATION $730,000 $1,140,000 56.2% 0.1%
BETTER MORTGAGE CORPORATION $565,000 $1,070,000 89.4% 0.1%
AMERIFIRST FINANCIAL CORPORATION $1,195,000 $1,065,000 -10.9% 0.1%
Prosperity Home Mortgage, LLC $1,065,000 n/a 0.1%
FIELD & MAIN BANK, INC. $3,225,000 $1,055,000 -67.3% 0.1%
ROYAL UNITED MORTGAGE LLC $730,000 $1,015,000 39.0% 0.1%
KELLER MORTGAGE, LLC $515,000 $1,010,000 96.1% 0.1%
Barrington Bank & Trust Company, N.A. $1,010,000 $960,000 -5.0% 0.1%
CMG MORTGAGE, INC. $710,000 $960,000 35.2% 0.1%
CHURCHILL MORTGAGE CORPORATION $1,215,000 $945,000 -22.2% 0.1%
Commonwealth Bank and Trust Company $2,990,000 $905,000 -69.7% 0.1%
NEW DAY FINANCIAL, LLC $1,245,000 $865,000 -30.5% 0.1%
MORTGAGE MASTERS OF INDIANA, INC. $1,815,000 $855,000 -52.9% 0.1%
NBKC BANK $855,000 n/a 0.1%
Farmers Bank and Trust Company $705,000 $785,000 11.3% 0.1%
American Bank & Trust Company, Inc. $85,000 $745,000 776.5% 0.1%
FirstBank $395,000 $740,000 87.3% 0.1%
Paramount Residential Mortgage Group, Inc. $910,000 $735,000 -19.2% 0.1%
TRANSCEND $940,000 $710,000 -24.5% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,570,000 $710,000 -54.8% 0.1%
FIRST COMMUNITY MORTGAGE, INC. $705,000 n/a 0.1%
Ally Bank $135,000 $690,000 411.1% 0.1%
EVERETT FINANCIAL, INC. $735,000 $675,000 -8.2% 0.1%
Farmers Bank & Trust $670,000 n/a 0.1%
STEARNS LENDING, LLC $645,000 n/a 0.1%
First Financial Bank $610,000 n/a 0.1%
Bank of America $180,000 $575,000 219.4% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $645,000 $575,000 -10.9% 0.1%
PLANET HOME LENDING, LLC $225,000 $575,000 155.6% 0.1%
The Federal Savings Bank $565,000 n/a 0.1%
VILLAGE CAPITAL & INVESTMENT LLC $625,000 $550,000 -12.0% 0.1%
1ST SIGNATURE LENDING, LLC $1,010,000 $545,000 -46.0% 0.1%
Abound Federal Credit Union $950,000 $545,000 -42.6% 0.1%
Banterra Bank $545,000 n/a 0.1%
First Guaranty Mortgage Corporation $105,000 $545,000 419.0% 0.1%
MORTGAGE 1 INCORPORATED $545,000 n/a 0.1%
Stock Yards Bank & Trust Company $545,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $260,000 $540,000 107.7% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $1,640,000 $530,000 -67.7% 0.1%
Colonial Savings, F.A. $115,000 $525,000 356.5% 0.1%
MICHIGAN MUTUAL, INC. $175,000 $520,000 197.1% 0.1%
TRIAD FINANCIAL SERVICES, INC. $125,000 $500,000 300.0% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $135,000 $470,000 248.1% 0.1%
DELMAR FINANCIAL COMPANY $455,000 n/a 0.1%
Wyndham Capital Mortgage, Inc. $265,000 $440,000 66.0% 0.1%
Colten Mortgage, LLC $355,000 $400,000 12.7% 0.0%
UNIVERSITY OF KENTUCKY $140,000 $395,000 182.1% 0.0%
Flagstar Bank, FSB $930,000 $355,000 -61.8% 0.0%
GVC MORTGAGE, INC. $570,000 $350,000 -38.6% 0.0%
Regions Bank $195,000 $350,000 79.5% 0.0%
UNIFY FINANCIAL Credit Union $335,000 n/a 0.0%
First Savings Bank $800,000 $330,000 -58.8% 0.0%
AMERICAN MORTGAGE SERVICE COMPANY $690,000 $325,000 -52.9% 0.0%
AMERICAN ADVISORS GROUP $75,000 $310,000 313.3% 0.0%
THRIVE MORTGAGE, LLC $310,000 n/a 0.0%
SOUTHWEST FUNDING, LP $175,000 $295,000 68.6% 0.0%
UNION HOME MORTGAGE CORP. $965,000 $285,000 -70.5% 0.0%
Gateway First Bank $275,000 n/a 0.0%
Cumberland Valley National Bank & Trust Company $125,000 $270,000 116.0% 0.0%
Magnolia Bank $425,000 $270,000 -36.5% 0.0%
AMERICAN FINANCIAL NETWORK, INC. $800,000 $255,000 -68.1% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $730,000 $255,000 -65.1% 0.0%
THE MORTGAGE WAREHOUSE,LLC $265,000 $255,000 -3.8% 0.0%
The Farmers Bank $245,000 n/a 0.0%
RESIDENTIAL BANCORP. $235,000 n/a 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $320,000 $225,000 -29.7% 0.0%
North American Savings Bank, F.S.B. $225,000 n/a 0.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $810,000 $225,000 -72.2% 0.0%
NATIONS DIRECT MORTGAGE, LLC $360,000 $220,000 -38.9% 0.0%
AmeriHome Mortgage Company, LLC $165,000 $215,000 30.3% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $165,000 $215,000 30.3% 0.0%
Discover Bank $240,000 $210,000 -12.5% 0.0%
PHH Mortgage Corporation $315,000 $210,000 -33.3% 0.0%
SOFI LENDING CORP. $205,000 n/a 0.0%
MID AMERICA MORTGAGE, INC. $195,000 n/a 0.0%
First State Bank of St. Charles, Missouri $185,000 n/a 0.0%
Northpointe Bank $305,000 $185,000 -39.3% 0.0%
PLAZA HOME MORTGAGE, INC. $980,000 $185,000 -81.1% 0.0%
Republic State Mortgage Co. $185,000 $185,000 0.0% 0.0%
The Union Bank Company $185,000 n/a 0.0%
ALLIANT CREDIT UNION $15,000 $175,000 1,066.7% 0.0%
RELIANCE FIRST CAPITAL, LLC $705,000 $175,000 -75.2% 0.0%
The Home Loan Expert LLC $175,000 n/a 0.0%
The Cecilian Bank $375,000 $170,000 -54.7% 0.0%
CapStar Bank $165,000 n/a 0.0%
GENEVA FINANCIAL, LLC $335,000 $165,000 -50.7% 0.0%
NBH Bank $155,000 n/a 0.0%
Signature Federal Credit Union $155,000 n/a 0.0%
First National Bank of America $150,000 n/a 0.0%
CIS Financial Services, Inc. $145,000 n/a 0.0%
Hometown Lenders, Inc. $560,000 $145,000 -74.1% 0.0%
IMPAC MORTGAGE CORP. $145,000 n/a 0.0%
SOUTHWEST STAGE FUNDING, LLC $455,000 $145,000 -68.1% 0.0%
TOTAL MORTGAGE SERVICES, LLC $145,000 n/a 0.0%
GERSHMAN INVESTMENT CORP. $225,000 $135,000 -40.0% 0.0%
Citibank $130,000 n/a 0.0%
Nations Lending Corporation $550,000 $125,000 -77.3% 0.0%
Park Lane Finance Solutions, LLC $135,000 $125,000 -7.4% 0.0%
THRIVENT Federal Credit Union $125,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $125,000 n/a 0.0%
First Southern National Bank $180,000 $115,000 -36.1% 0.0%
GUARANTEED RATE AFFINITY, LLC $275,000 $115,000 -58.2% 0.0%
Manufacturers and Traders Trust Company $55,000 $115,000 109.1% 0.0%
CELEBRITY HOME LOANS, LLC $105,000 n/a 0.0%
City National Bank of West Virginia $105,000 n/a 0.0%
First Federal Savings and Loan Association of Greensburg $105,000 n/a 0.0%
OCEANSIDE MORTGAGE COMPANY $690,000 $105,000 -84.8% 0.0%
COMMONWEALTH $445,000 $100,000 -77.5% 0.0%
First Financial Bank $95,000 n/a 0.0%
Century Mortgage Company DBA Century Lending Company $85,000 n/a 0.0%
CLASS ACT FEDERAL CREDIT UNION $95,000 $85,000 -10.5% 0.0%
COMPEER FINANCIAL, FLCA $85,000 n/a 0.0%
MORIA DEVELOPMENT, INC. $85,000 n/a 0.0%
Baxter Credit Union $75,000 n/a 0.0%
Central Bank & Trust Company $75,000 n/a 0.0%
AMERICAN HERITAGE FCU $65,000 n/a 0.0%
First Federal Savings Bank $470,000 $65,000 -86.2% 0.0%
The Monticello Banking Company $135,000 $55,000 -59.3% 0.0%
U S WIDE FINANCIAL LLC $55,000 n/a 0.0%
Community Trust Bank, Inc. $25,000 n/a 0.0%

OWENSBORO's top lender by overall market share is EVANSVILLE TEACHERS, with 26.4% market share. In second place, with 9.2%, is Independence Bank of Kentucky, having originated $75,505,000 in loans. In third place, with 6.2%, is RUOFF MORTGAGE COMPANY, INC., having originated $50,910,000 in loans. In third place, with 5.5%, is U.S. Bank, having originated $45,080,000 in loans. In third place, with 4.7%, is QUICKEN LOANS, LLC, having originated $38,125,000 in loans.


OWENSBORO, KY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,066 $401,300,000 $194,240
Refi 1,618 $253,750,000 $156,829
Cash Out Refi 774 $120,980,000 $156,305
Home Improvement 260 $22,230,000 $85,500
Other 217 $17,425,000 $80,300
NA 1 $3,515,000 $3,515,000

Owensboro's most frequently cited loan purpose was Home Purchase, with 2,066 originations. The 2nd most popular reason was Refi, with 1,618 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 2,031 $350,285,000 $172,469
2.5-3% 1,800 $313,600,000 $174,222
<2.5% 685 $107,315,000 $156,664
4-5% 240 $25,710,000 $107,125
5-6% 93 $3,695,000 $39,731
Over 8% 17 $815,000 $47,941
6-7% 13 $1,335,000 $102,692
7-8% 10 $740,000 $74,000

During 2021, Owensboro's most frequently originated rate bucket was 3-4%, with 2,031 originations.

Loan Sizing (OWENSBORO, KY MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 2,231 $324,645,000 $145,515
$100,000 or less 1,402 $87,480,000 $62,397
$200k-400k 1,179 $306,415,000 $259,894
$400k-600k 90 $41,810,000 $464,556
$600k-1000k 23 $16,145,000 $701,957
$Over $1MM 11 $42,705,000 $3,882,273

OWENSBORO's loan sizing saw the bucket of loans from $100k-200k with 2,231 originations, totaling $324,645,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,863 $361,405,000 $193,991
60-80% 1,490 $279,250,000 $187,416
40-60% 664 $88,330,000 $133,027
20-40% 417 $38,335,000 $91,930
Under 20% 303 $11,215,000 $37,013
Over 100% 42 $9,660,000 $230,000

OWENSBORO's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,863 originations, totaling $361,405,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - OWENSBORO (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 $175,661 (10.2%) $264,888 (32.9%) 0.00 291
2018-02-01 $177,935 (7.9%) $270,982 (37.9%) 0.00 288
2018-03-01 $177,775 (5.3%) $264,496 (32.0%) 0.00 282
2018-04-01 $178,838 (2.2%) $267,572 (27.4%) 0.00 289
2018-05-01 $179,672 (-1.5%) $269,802 (16.2%) 0.00 288
2018-06-01 $184,900 (7.2%) $335,686 (45.4%) 0.00 311
2018-07-01 $189,450 (5.3%) $329,450 (32.8%) 0.00 335
2018-08-01 $189,000 (4.2%) $319,605 (30.3%) 0.00 355
2018-09-01 $180,269 (6.1%) $316,828 (33.5%) 0.00 355
2018-10-01 $186,950 (11.7%) $313,176 (30.9%) 0.00 367
2018-11-01 $179,700 (9.0%) $308,394 (31.3%) 0.00 366
2018-12-01 $179,900 (9.1%) $318,454 (36.1%) 0.00 326
2019-01-01 $179,900 (2.4%) $324,932 (22.7%) 0.00 310
2019-02-01 $182,400 (2.5%) $310,675 (14.7%) 0.00 294
2019-03-01 $195,814 (10.2%) $321,174 (21.4%) 0.00 280
2019-04-01 $208,400 (16.5%) $333,772 (24.7%) 0.00 270
2019-05-01 $223,591 (24.4%) $339,098 (25.7%) 0.00 271
2019-06-01 $205,900 (11.4%) $330,314 (-1.6%) 0.00 293
2019-07-01 $189,450 (0.0%) $311,182 (-5.6%) 0.00 324
2019-08-01 $184,900 (-2.2%) $275,374 (-13.8%) 0.00 329
2019-09-01 $184,900 (2.6%) $235,446 (-25.7%) 0.00 323
2019-10-01 $188,675 (0.9%) $239,589 (-23.5%) 0.00 330
2019-11-01 $184,900 (2.9%) $240,095 (-22.2%) 0.00 322
2019-12-01 $184,900 (2.8%) $239,650 (-24.8%) 0.00 293
2020-01-01 $179,900 (0.0%) $237,573 (-26.9%) 0.00 262
2020-02-01 $194,900 (6.9%) $324,119 (4.3%) 0.00 241
2020-03-01 $179,900 (-8.1%) $322,642 (0.5%) 0.00 233
2020-04-01 $179,475 (-13.9%) $330,063 (-1.1%) 0.00 217
2020-05-01 $189,005 (-15.5%) $382,838 (12.9%) 0.00 153
2020-06-01 $222,400 (8.0%) $414,803 (25.6%) 0.00 138
2020-07-01 $224,900 (18.7%) $421,807 (35.6%) 0.00 142
2020-08-01 $199,900 (8.1%) $383,680 (39.3%) 0.00 159
2020-09-01 $191,503 (3.6%) $369,078 (56.8%) 0.00 166
2020-10-01 $194,900 (3.3%) $381,159 (59.1%) 0.00 172
2020-11-01 $210,750 (14.0%) $375,630 (56.5%) 0.00 162
2020-12-01 $199,900 (8.1%) $373,715 (55.9%) 0.00 146
2021-01-01 $198,795 (10.5%) $247,144 (4.0%) 0.00 147
2021-02-01 $193,000 (-1.0%) $258,864 (-20.1%) 0.00 117
2021-03-01 $189,900 (5.6%) $255,449 (-20.8%) 0.00 106
2021-04-01 $179,900 (0.2%) $246,463 (-25.3%) 0.00 117
2021-05-01 $199,900 (5.8%) $300,565 (-21.5%) 0.00 106
2021-06-01 $204,900 (-7.9%) $287,586 (-30.7%) 0.00 111
2021-07-01 $194,900 (-13.3%) $270,833 (-35.8%) 0.00 123
2021-08-01 $199,900 (0.0%) $262,236 (-31.7%) 0.00 138
2021-09-01 $202,900 (6.0%) $265,712 (-28.0%) 0.00 148
2021-10-01 $195,000 (0.1%) $270,522 (-29.0%) 0.00 137
2021-11-01 $173,900 (-17.5%) $275,478 (-26.7%) 0.00 128
2021-12-01 $192,400 (-3.8%) $271,694 (-27.3%) 0.00 129
2022-01-01 $189,900 (-4.5%) $265,300 (7.4%) 0.00 112
2022-02-01 $179,000 (-7.3%) $258,119 (-0.3%) 0.00 100
2022-03-01 $204,900 (7.9%) $264,313 (3.5%) 0.00 100
2022-04-01 $209,900 (16.7%) $276,124 (12.0%) 0.00 99
2022-05-01 $242,450 (21.3%) $292,123 (-2.8%) 0.00 128
2022-06-01 $244,900 (19.5%) $290,467 (1.0%) 0.00 152
OWENSBORO's median listing price for 2022-06-01 was $244,900, a difference of $40,000 (19.5%) versus the prior year and $2,450 versus the prior month.

OWENSBORO's median listing price comes in at 0% of the national average.

OWENSBORO's average listing price for 2022-06-01 was $290,467, a difference of $2,881 (1.0%) versus the prior year and $-1,656 versus the prior month.

For the 2022-06-01 period, OWENSBORO had 152 MLS listings, a difference of 24 listings (19%) versus the prior month and 41 listings (37%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - OWENSBORO (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,918 sqft
2018-02-01 0 days 1,940 sqft
2018-03-01 0 days 1,886 sqft
2018-04-01 0 days 1,940 sqft
2018-05-01 0 days 1,985 sqft
2018-06-01 0 days 1,972 sqft
2018-07-01 0 days 1,951 sqft
2018-08-01 0 days 1,960 sqft
2018-09-01 0 days 1,964 sqft
2018-10-01 0 days 1,934 sqft
2018-11-01 0 days 1,917 sqft
2018-12-01 0 days 1,931 sqft
2019-01-01 0 days 1,861 sqft
2019-02-01 0 days 1,870 sqft
2019-03-01 0 days 1,983 sqft
2019-04-01 0 days 2,067 sqft
2019-05-01 0 days 2,097 sqft
2019-06-01 0 days 2,048 sqft
2019-07-01 0 days 1,984 sqft
2019-08-01 0 days 1,908 sqft
2019-09-01 0 days 1,828 sqft
2019-10-01 0 days 1,835 sqft
2019-11-01 0 days 1,719 sqft
2019-12-01 0 days 1,705 sqft
2020-01-01 0 days 1,701 sqft
2020-02-01 0 days 1,906 sqft
2020-03-01 0 days 1,716 sqft
2020-04-01 0 days 1,680 sqft
2020-05-01 0 days 1,848 sqft
2020-06-01 0 days 1,939 sqft
2020-07-01 0 days 2,040 sqft
2020-08-01 0 days 1,814 sqft
2020-09-01 0 days 1,761 sqft
2020-10-01 0 days 1,816 sqft
2020-11-01 0 days 1,824 sqft
2020-12-01 0 days 1,808 sqft
2021-01-01 0 days 1,782 sqft
2021-02-01 0 days 1,797 sqft
2021-03-01 0 days 1,747 sqft
2021-04-01 0 days 1,639 sqft
2021-05-01 0 days 1,700 sqft
2021-06-01 0 days 1,697 sqft
2021-07-01 0 days 1,599 sqft
2021-08-01 0 days 1,661 sqft
2021-09-01 0 days 1,660 sqft
2021-10-01 0 days 1,640 sqft
2021-11-01 0 days 1,603 sqft
2021-12-01 0 days 1,548 sqft
2022-01-01 0 days 1,516 sqft
2022-02-01 0 days 1,566 sqft
2022-03-01 0 days 1,633 sqft
2022-04-01 0 days 1,793 sqft
2022-05-01 0 days 1,833 sqft
2022-06-01 0 days 1,807 sqft
OWENSBORO's median listing age (time on market) for 2022-06-01 was 0 days.

OWENSBORO's median square footage for active listings during the 2022-06-01 period was 1,807 sqft. One year prior, the average listing was 1,697 sqft.