Paducah Mortgage Rates

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

30 Year Fixed Rate mortgages in Paducah averaged 5.89% 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 6.1% and one month ago for the week of 2022-05-26, the average rate was 5.59%.

Paducah's average rate one year ago was 3.42%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.95%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Paducah 30 Year Fixed Rate 2022-06-30 5.89%
Paducah 30 Year Fixed Rate Refi 2022-06-30 5.95%
Paducah 15 Year Fixed Rate 2022-06-30 6.04%
Paducah 15 Year Fixed Rate Refi 2022-06-30 5.13%
Paducah 30 Year FHA 2022-06-30 6.15%
Paducah 30 Year FHA Refi 2022-06-30 5.87%
Paducah 30 Year USDA 2022-06-30 5.75%
Paducah 30 Year USDA Refi 2022-06-30 5.52%
Paducah 30 Year VA 2022-06-30 5.84%
Paducah 30 Year VA Refi 2022-06-30 5.41%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Paducah, KY-IL.

Paducah 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 Paducah, KY-IL 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
The Paducah Bank and Trust Company 147 3.43% $2,763
U.S. Bank 92 3.12% $2,624
QUICKEN LOANS, LLC 81 3.23% $4,590
Independence Bank of Kentucky 65 3.39% $2,415
UNITED WHOLESALE MORTGAGE, LLC 43 3.00% $3,312
Regions Bank 38 3.39% $2,531
Magnolia Bank 37 3.07% $2,738
Community Mortgage Banc Corporation 24 3.06% $2,125
LOANDEPOT.COM, LLC 23 3.23% $3,257
Wells Fargo Bank 18 2.99% $3,154
Truist Bank 15 3.11% $2,969
EVERETT FINANCIAL, INC. 14 3.69% $1,795
AMERISAVE MORTGAGE CORPORATION 13 3.06% $7,227
JPMorgan Chase Bank 10 3.05% $2,265
GERSHMAN INVESTMENT CORP. 8 3.20% $2,837
AMERICAN FINANCING CORPORATION 7 3.11% $3,709
STOCKTON MORTGAGE CORPORATION 6 3.31% $2,833
CRESCENT MORTGAGE COMPANY 6 3.65% $2,656
PENNYMAC LOAN SERVICES, LLC 6 3.67% $4,825
ACOPIA, LLC 6 3.23% $4,053
AgFirst Farm Credit Bank 5 3.30% $2,982
NEWREZ LLC 5 3.00% $3,045
Mr. Cooper ( Nationstar Mortgage ) 5 3.20% $5,371
CapStar Bank 4 2.91% $2,725
Citizens Bank 4 3.16% $2,654
Bank of America 4 2.97% $6,210
MUTUAL OF OMAHA MORTGAGE, INC. 4 3.19% $4,609
Carrington Mortgage Services, LLC 4 3.44% $4,648
BROKER SOLUTIONS, INC. 3 2.98% $5,767
BETTER MORTGAGE CORPORATION 3 2.54% $2,947
FREEDOM MORTGAGE CORPORATION 3 3.08% $1,735
Bank of England 3 3.67% $4,904
Peoples National Bank , N.A. 3 3.00% $2,252
NAVY FEDERAL CREDIT UNION 3 3.54% $2,573
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3 2.87% $2,846
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 3 3.88% $3,478
River Valley AgCredit, ACA 3 4.55% $6,516
RUOFF MORTGAGE COMPANY, INC. 3 3.13% $2,869
Renasant Bank 3 2.92% $2,961
SUN WEST MORTGAGE COMPANY, INC. 2 3.13% $1,920
Ally Bank 2 3.19% $1,657
Austin Capital Bank SSB 2 3.75% $4,004
Barrington Bank & Trust Company, N.A. 2 2.93% $3,183
CHURCHILL MORTGAGE CORPORATION 2 3.44% $3,448
CROSSCOUNTRY MORTGAGE, LLC 2 3.06% $3,308
EVANSVILLE TEACHERS 2 3.13% $3,068
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 3.31% $3,563
Farm Credit Mid-America, ACA 2 3.63% $6,711
Fifth Third Bank 2 3.81% $4,253
Flagstar Bank, FSB 2 3.13% $3,128
GUARANTY HOME MORTGAGE CORPORATION 2 3.00% $2,661
HOMESIDE FINANCIAL, LLC 2 2.94% $6,415
InterContinental Capital Group, Inc 2 3.19% $4,598
KELLER MORTGAGE, LLC 2 3.31% $1,650
Manufacturers and Traders Trust Company 2 3.50% $4,537
PENTAGON FEDERAL CREDIT UNION 2 2.81% $1,494
The Federal Savings Bank 2 3.31% $4,027
FLAT BRANCH MORTGAGE, INC. 1 3.75% $3,451
AMERICAN INTERNET MORTGAGE, INC. 1 3.50% $1,709
L & N Federal Credit Union 1 2.88% $2,686
First Mid Bank & Trust 1 3.88% $2,435
First Guaranty Mortgage Corporation 1 3.25% $2,846
WesBanco Bank, Inc. 1 3.13% $4,474
Mortgage Research Center, LLC 1 2.75% $2,490
MOVEMENT MORTGAGE, LLC 1 2.88% $3,303
First Financial Bank 1 3.25% $3,439
First American Bank 1 3.38% $2,973
FINANCE OF AMERICA MORTGAGE LLC 1 2.63% $3,378
NEW DAY FINANCIAL, LLC 1 2.99% $2,742
ENDEAVOR CAPITAL, LLC. 1 2.75% $3,762
North American Savings Bank, F.S.B. 1 2.63% $1,103
EASTMAN 1 4.38% $3,366
Willamette Valley Bank 1 2.75% $4,646
Discover Bank 1 3.99% $0
PLAZA HOME MORTGAGE, INC. 1 3.25% $3,726
PNC Bank 1 3.38% $2,556
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.13% $3,963
PROVIDENT FUNDING ASSOCIATES, L.P. 1 2.50% $2,216
DAS Acquisition Company, LLC 1 3.75% $2,909
Quontic Bank 1 5.63% $9,352
Raymond James Bank 1 3.50% $3,507
Community Trust Bank, Inc. 1 3.50% $2,379
COMMUNITY MORTGAGE CORPORATION 1 3.13% $3,195
Republic Bank & Trust Company 1 3.00% $1,856
Colonial Savings, F.A. 1 3.00% $2,449
ROYAL UNITED MORTGAGE LLC 1 3.38% $7,222
CALIBER HOME LOANS, INC. 1 2.99% $1,470
Simmons Bank 1 3.00% $2,547
Stifel Bank and Trust 1 3.00% $2,325
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 2.88% $2,407
ASCEND FEDERAL CREDIT UNION 1 2.50% $3,092
ZILLOW HOME LOANS, LLC 1 3.00% $2,684
The Huntington National Bank 1 3.00% $2,420
Arvest Bank 1 2.88% $2,179
TOWNE MORTGAGE COMPANY 1 3.50% $2,851
AmeriHome Mortgage Company, LLC 1 3.25% $3,415
United Community Bank 1 2.55% $1,308
GUILD MORTGAGE COMPANY 1 3.25% $3,417
HOME POINT FINANCIAL CORPORATION 1 4.25% $3,176
AMERICAN PACIFIC MORTGAGE CORPORATION 1 3.25% $5,104
German American Bank 1 3.25% $3,275
INTELLILOAN, INC. 1 3.13% $2,188
AMERICAN MORTGAGE SERVICE COMPANY 1 3.00% $2,362

Paducah, KY-IL's 103 lenders originated 2,412 loans during 2021. The total origination value was $446,200,000, with an average loan value of $184,992.

The top Paducah lender as defined by loan originations is The Paducah Bank and Trust Company, with 147 loans originated. Their average total fees are $2,763, which is $138 higher than the next largest lender, U.S. Bank.

The lowest fee Paducah lenders (with over 10 loans originated) are EVERETT FINANCIAL, INC. ($1,795), Community Mortgage Banc Corporation ($2,125), JPMorgan Chase Bank ($2,265), Independence Bank of Kentucky ($2,415) and Regions Bank ($2,531).

The lowest rate Paducah lenders (with over 10 loans originated) are Wells Fargo Bank (2.99%), UNITED WHOLESALE MORTGAGE, LLC (3.00%), JPMorgan Chase Bank (3.05%), Community Mortgage Banc Corporation (3.06%) and AMERISAVE MORTGAGE CORPORATION (3.06%).

Paducah, KY-IL 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
The Paducah Bank and Trust Company $83,535,000 $52,500,000 -37.2% 11.8%
Independence Bank of Kentucky $29,865,000 $44,850,000 50.2% 10.1%
U.S. Bank $37,380,000 $43,190,000 15.5% 9.7%
QUICKEN LOANS, LLC $29,085,000 $38,715,000 33.1% 8.7%
Wells Fargo Bank $2,670,000 $27,475,000 929.0% 6.2%
UNITED WHOLESALE MORTGAGE, LLC $8,300,000 $17,610,000 112.2% 3.9%
Regions Bank $20,445,000 $15,745,000 -23.0% 3.5%
Magnolia Bank $10,780,000 $15,140,000 40.4% 3.4%
FNB Bank, Inc. $11,230,000 $12,380,000 10.2% 2.8%
LOANDEPOT.COM, LLC $5,120,000 $12,290,000 140.0% 2.8%
ServisFirst Bank $9,705,000 n/a 2.2%
Mortgage Research Center, LLC $6,770,000 $8,695,000 28.4% 1.9%
First Midwest Bank of Dexter $6,795,000 n/a 1.5%
EVERETT FINANCIAL, INC. $32,215,000 $6,510,000 -79.8% 1.5%
FREEDOM MORTGAGE CORPORATION $7,350,000 $6,200,000 -15.6% 1.4%
Community Mortgage Banc Corporation $7,820,000 $5,660,000 -27.6% 1.3%
PENNYMAC LOAN SERVICES, LLC $1,195,000 $5,505,000 360.7% 1.2%
AMERISAVE MORTGAGE CORPORATION $1,975,000 $5,385,000 172.7% 1.2%
Banterra Bank $10,410,000 $5,245,000 -49.6% 1.2%
Mr. Cooper ( Nationstar Mortgage ) $4,875,000 $4,935,000 1.2% 1.1%
ACOPIA, LLC $6,945,000 $4,520,000 -34.9% 1.0%
Truist Bank $5,535,000 $4,045,000 -26.9% 0.9%
GERSHMAN INVESTMENT CORP. $1,210,000 $3,855,000 218.6% 0.9%
JPMorgan Chase Bank $1,015,000 $3,715,000 266.0% 0.8%
BETTER MORTGAGE CORPORATION $430,000 $2,605,000 505.8% 0.6%
STOCKTON MORTGAGE CORPORATION $2,840,000 $2,600,000 -8.5% 0.6%
AgFirst Farm Credit Bank $2,810,000 $2,485,000 -11.6% 0.6%
NEWREZ LLC $1,575,000 $2,475,000 57.1% 0.6%
USAA Federal Savings Bank $2,315,000 $2,265,000 -2.2% 0.5%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,100,000 $2,180,000 3.8% 0.5%
River Valley AgCredit, ACA $1,855,000 $2,175,000 17.3% 0.5%
NAVY FEDERAL CREDIT UNION $1,925,000 $2,005,000 4.2% 0.4%
AMERICAN FINANCING CORPORATION $645,000 $1,990,000 208.5% 0.4%
LAKEVIEW LOAN SERVICING, LLC $1,100,000 $1,985,000 80.5% 0.4%
PNC Bank $885,000 $1,860,000 110.2% 0.4%
Citizens Bank $1,470,000 $1,840,000 25.2% 0.4%
WesBanco Bank, Inc. $165,000 $1,785,000 981.8% 0.4%
Renasant Bank $2,250,000 $1,695,000 -24.7% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $715,000 $1,590,000 122.4% 0.4%
Bank of America $405,000 $1,575,000 288.9% 0.4%
Southern Bank $1,325,000 n/a 0.3%
BROKER SOLUTIONS, INC. $460,000 $1,310,000 184.8% 0.3%
21ST MORTGAGE CORPORATION $765,000 $1,205,000 57.5% 0.3%
Farmers Bank and Trust Company $1,505,000 $1,170,000 -22.3% 0.3%
Barrington Bank & Trust Company, N.A. $980,000 $1,160,000 18.4% 0.3%
MYCUMORTGAGE, LLC $265,000 $1,135,000 328.3% 0.3%
FIELD & MAIN BANK, INC. $1,125,000 n/a 0.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,105,000 n/a 0.2%
EVANSVILLE TEACHERS $2,420,000 $1,050,000 -56.6% 0.2%
NEW DAY FINANCIAL, LLC $1,610,000 $1,015,000 -37.0% 0.2%
Carrington Mortgage Services, LLC $875,000 $1,005,000 14.9% 0.2%
CALIBER HOME LOANS, INC. $980,000 $910,000 -7.1% 0.2%
SUN WEST MORTGAGE COMPANY, INC. $890,000 n/a 0.2%
CapStar Bank $525,000 $870,000 65.7% 0.2%
HOMESIDE FINANCIAL, LLC $115,000 $865,000 652.2% 0.2%
CRESCENT MORTGAGE COMPANY $980,000 $850,000 -13.3% 0.2%
Fifth Third Bank $770,000 $830,000 7.8% 0.2%
Bank of England $815,000 n/a 0.2%
PLANET HOME LENDING, LLC $155,000 $815,000 425.8% 0.2%
CHURCHILL MORTGAGE CORPORATION $630,000 $755,000 19.8% 0.2%
RUOFF MORTGAGE COMPANY, INC. $2,160,000 $730,000 -66.2% 0.2%
The Huntington National Bank $150,000 $725,000 383.3% 0.2%
TOWNE MORTGAGE COMPANY $65,000 $715,000 1,000.0% 0.2%
KELLER MORTGAGE, LLC $2,300,000 $700,000 -69.6% 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $440,000 $695,000 58.0% 0.2%
Peoples National Bank , N.A. $170,000 $680,000 300.0% 0.2%
Flagstar Bank, FSB $320,000 $665,000 107.8% 0.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $995,000 $655,000 -34.2% 0.1%
First Financial Bank $325,000 $645,000 98.5% 0.1%
DAS Acquisition Company, LLC $520,000 $595,000 14.4% 0.1%
Farm Credit Mid-America, ACA $425,000 $590,000 38.8% 0.1%
Manufacturers and Traders Trust Company $585,000 n/a 0.1%
CROSSCOUNTRY MORTGAGE, LLC $340,000 $570,000 67.6% 0.1%
VILLAGE CAPITAL & INVESTMENT LLC $865,000 $545,000 -37.0% 0.1%
PENTAGON FEDERAL CREDIT UNION $45,000 $535,000 1,088.9% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $525,000 n/a 0.1%
HOME POINT FINANCIAL CORPORATION $430,000 $520,000 20.9% 0.1%
North American Savings Bank, F.S.B. $620,000 $500,000 -19.4% 0.1%
MID AMERICA MORTGAGE, INC. $260,000 $480,000 84.6% 0.1%
Ally Bank $480,000 $450,000 -6.3% 0.1%
Paramount Bank $195,000 $450,000 130.8% 0.1%
InterContinental Capital Group, Inc $420,000 $440,000 4.8% 0.1%
First Guaranty Mortgage Corporation $1,035,000 $435,000 -58.0% 0.1%
Commonwealth Bank and Trust Company $535,000 $425,000 -20.6% 0.1%
Legence Bank $660,000 $425,000 -35.6% 0.1%
SOFI LENDING CORP. $450,000 $425,000 -5.6% 0.1%
ROYAL UNITED MORTGAGE LLC $730,000 $420,000 -42.5% 0.1%
AMERICAN ADVISORS GROUP $25,000 $410,000 1,540.0% 0.1%
MLD MORTGAGE INC. $410,000 n/a 0.1%
Sunflower Bank $405,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $885,000 $400,000 -54.8% 0.1%
AmeriHome Mortgage Company, LLC $125,000 $385,000 208.0% 0.1%
The Federal Savings Bank $925,000 $375,000 -59.5% 0.1%
EASTMAN $365,000 n/a 0.1%
Simmons Bank $165,000 $360,000 118.2% 0.1%
GUARANTY HOME MORTGAGE CORPORATION $155,000 $355,000 129.0% 0.1%
Farmers State Bank of Alto Pass $890,000 $335,000 -62.4% 0.1%
LEADERONE FINANCIAL CORPORATION $335,000 $330,000 -1.5% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $115,000 $330,000 187.0% 0.1%
1ST SIGNATURE LENDING, LLC $320,000 n/a 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $290,000 $320,000 10.3% 0.1%
FirstBank $160,000 $315,000 96.9% 0.1%
CLEARPATH LENDING $310,000 n/a 0.1%
Nations Lending Corporation $585,000 $300,000 -48.7% 0.1%
ZILLOW HOME LOANS, LLC $270,000 $300,000 11.1% 0.1%
SPRING EQ, LLC $85,000 $290,000 241.2% 0.1%
AMERICAN INTERNET MORTGAGE, INC. $280,000 n/a 0.1%
Low VA Rates, LLC $275,000 n/a 0.1%
Quontic Bank $275,000 n/a 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $265,000 n/a 0.1%
Raymond James Bank $265,000 n/a 0.1%
First American Bank $250,000 n/a 0.1%
Prosperity Home Mortgage, LLC $165,000 $245,000 48.5% 0.1%
RELIANCE FIRST CAPITAL, LLC $270,000 $230,000 -14.8% 0.1%
MORTGAGE MASTERS OF INDIANA, INC. $225,000 n/a 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $225,000 $215,000 -4.4% 0.0%
Austin Capital Bank SSB $210,000 n/a 0.0%
Dieterich Bank $320,000 $205,000 -35.9% 0.0%
INTELLILOAN, INC. $205,000 n/a 0.0%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $260,000 $205,000 -21.2% 0.0%
SIU $370,000 $200,000 -45.9% 0.0%
CSL Financial, LLC $195,000 n/a 0.0%
Lakeview Community Capital, LLC $195,000 n/a 0.0%
PLAZA HOME MORTGAGE, INC. $195,000 n/a 0.0%
Reliant Bank $195,000 n/a 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $105,000 $190,000 81.0% 0.0%
Park Lane Finance Solutions, LLC $80,000 $190,000 137.5% 0.0%
ASCEND FEDERAL CREDIT UNION $135,000 $185,000 37.0% 0.0%
COMMUNITY MORTGAGE CORPORATION $185,000 n/a 0.0%
Arvest Bank $180,000 n/a 0.0%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $175,000 n/a 0.0%
Community Trust Bank, Inc. $175,000 n/a 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $175,000 n/a 0.0%
L & N Federal Credit Union $175,000 n/a 0.0%
Planters Bank, Inc. $280,000 $175,000 -37.5% 0.0%
Stifel Bank and Trust $490,000 $175,000 -64.3% 0.0%
AMERICAN FINANCIAL NETWORK, INC. $745,000 $165,000 -77.9% 0.0%
First Mid Bank & Trust $165,000 n/a 0.0%
T2 FINANCIAL LLC $165,000 n/a 0.0%
German American Bank $160,000 n/a 0.0%
Discover Bank $140,000 $155,000 10.7% 0.0%
First Citizens National Bank $350,000 $155,000 -55.7% 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $115,000 $155,000 34.8% 0.0%
SOUTHWEST STAGE FUNDING, LLC $590,000 $155,000 -73.7% 0.0%
Colonial Savings, F.A. $145,000 n/a 0.0%
First Midwest Bank $145,000 n/a 0.0%
OCEANSIDE MORTGAGE COMPANY $145,000 $145,000 0.0% 0.0%
SUPERIOR CHOICE $145,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $435,000 $135,000 -69.0% 0.0%
ENDEAVOR CAPITAL, LLC. $135,000 n/a 0.0%
American Bank & Trust Company, Inc. $125,000 n/a 0.0%
MOVEMENT MORTGAGE, LLC $330,000 $125,000 -62.1% 0.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $735,000 $125,000 -83.0% 0.0%
UNIVERSITY OF KENTUCKY $955,000 $120,000 -87.4% 0.0%
FIRST COMMUNITY MORTGAGE, INC. $85,000 $115,000 35.3% 0.0%
Town & Country Banc Mortgage Services, Inc. $115,000 n/a 0.0%
United Community Bank $355,000 $115,000 -67.6% 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $105,000 n/a 0.0%
Willamette Valley Bank $105,000 n/a 0.0%
FAIR WAY LENDING LLC $95,000 n/a 0.0%
GUILD MORTGAGE COMPANY $95,000 n/a 0.0%
THRIVE MORTGAGE, LLC $95,000 n/a 0.0%
AMERICAN MORTGAGE SERVICE COMPANY $85,000 n/a 0.0%
FLAT BRANCH MORTGAGE, INC. $85,000 n/a 0.0%
Paramount Residential Mortgage Group, Inc. $85,000 n/a 0.0%
First Option Mortgage, LLC $75,000 n/a 0.0%
INTERLINC MORTGAGE SERVICES, LLC $380,000 $75,000 -80.3% 0.0%
STAR USA FEDERAL CREDIT UNION $75,000 n/a 0.0%
GREAT LAKES $65,000 n/a 0.0%
Alliance Bank $85,000 $55,000 -35.3% 0.0%
Equity Prime Mortgage LLC $285,000 $55,000 -80.7% 0.0%
Republic Bank & Trust Company $55,000 n/a 0.0%

Paducah's top lender by overall market share is The Paducah Bank and Trust Company, with 11.8% market share. In second place, with 10.1%, is Independence Bank of Kentucky, having originated $44,850,000 in loans. In third place, with 9.7%, is U.S. Bank, having originated $43,190,000 in loans. In third place, with 8.7%, is QUICKEN LOANS, LLC, having originated $38,715,000 in loans. In third place, with 6.2%, is Wells Fargo Bank, having originated $27,475,000 in loans.


Paducah, KY-IL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,019 $215,505,000 $211,487
Refi 863 $151,875,000 $175,985
Cash Out Refi 379 $64,045,000 $168,984
Other 77 $8,185,000 $106,299
Home Improvement 74 $6,590,000 $89,054

Paducah's most frequently cited loan purpose was Home Purchase, with 1,019 originations. The 2nd most popular reason was Refi, with 863 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 925 $184,565,000 $199,530
2.5-3% 788 $139,400,000 $176,904
<2.5% 358 $65,880,000 $184,022
4-5% 140 $20,120,000 $143,714
5-6% 39 $3,475,000 $89,103
Over 8% 25 $1,835,000 $73,400
6-7% 24 $1,830,000 $76,250
7-8% 12 $860,000 $71,667

During 2021, Paducah's most frequently originated rate bucket was 3-4%, with 925 originations.

Loan Sizing (Paducah, KY-IL MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,091 $156,665,000 $143,598
$100,000 or less 703 $47,135,000 $67,048
$200k-400k 523 $137,215,000 $262,361
$400k-600k 64 $30,880,000 $482,500
$600k-1000k 19 $14,655,000 $771,316
$Over $1MM 12 $59,650,000 $4,970,833

Paducah's loan sizing saw the bucket of loans from $100k-200k with 1,091 originations, totaling $156,665,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 980 $173,280,000 $176,816
60-80% 732 $160,750,000 $219,604
40-60% 291 $41,735,000 $143,419
20-40% 157 $24,905,000 $158,631
Under 20% 57 $2,035,000 $35,702
Over 100% 37 $6,795,000 $183,649

Paducah's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 980 originations, totaling $173,280,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Paducah (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 $139,700 (-0.1%) $175,766 (-7.3%) 0.00 550
2018-02-01 $137,400 (-1.8%) $172,030 (-9.4%) 0.00 545
2018-03-01 $149,000 (4.3%) $180,968 (-5.9%) 0.00 570
2018-04-01 $145,950 (-2.6%) $184,632 (-6.6%) 0.00 579
2018-05-01 $149,900 (0.0%) $190,187 (-4.3%) 0.00 606
2018-06-01 $145,000 (-3.3%) $191,087 (-1.8%) 0.00 621
2018-07-01 $141,900 (-8.4%) $186,205 (-5.1%) 0.00 636
2018-08-01 $138,700 (-7.5%) $181,275 (-5.5%) 0.00 614
2018-09-01 $135,000 (-8.5%) $179,680 (-4.1%) 0.00 601
2018-10-01 $138,250 (-7.8%) $183,589 (-2.6%) 0.00 577
2018-11-01 $139,450 (-0.3%) $184,344 (1.9%) 0.00 563
2018-12-01 $144,900 (3.6%) $192,630 (7.6%) 0.00 523
2019-01-01 $144,900 (3.7%) $193,292 (10.0%) 0.00 505
2019-02-01 $144,950 (5.5%) $196,653 (14.3%) 0.00 518
2019-03-01 $145,000 (-2.7%) $197,976 (9.4%) 0.00 547
2019-04-01 $144,950 (-0.7%) $196,195 (6.3%) 0.00 555
2019-05-01 $145,950 (-2.6%) $202,011 (6.2%) 0.00 550
2019-06-01 $145,000 (0.0%) $203,372 (6.4%) 0.00 570
2019-07-01 $145,000 (2.2%) $203,374 (9.2%) 0.00 570
2019-08-01 $147,871 (6.6%) $205,791 (13.5%) 0.00 557
2019-09-01 $149,000 (10.4%) $205,668 (14.5%) 0.00 536
2019-10-01 $149,900 (8.4%) $210,031 (14.4%) 0.00 539
2019-11-01 $146,000 (4.7%) $202,751 (10.0%) 0.00 591
2019-12-01 $157,000 (8.4%) $217,143 (12.7%) 0.00 476
2020-01-01 $147,450 (1.8%) $212,485 (9.9%) 0.00 442
2020-02-01 $139,900 (-3.5%) $215,702 (9.7%) 0.00 367
2020-03-01 $149,900 (3.4%) $226,778 (14.6%) 0.00 372
2020-04-01 $149,900 (3.4%) $230,873 (17.7%) 0.00 348
2020-05-01 $149,900 (2.7%) $227,115 (12.4%) 0.00 324
2020-06-01 $162,500 (12.1%) $234,107 (15.1%) 0.00 300
2020-07-01 $169,900 (17.2%) $234,516 (15.3%) 0.00 303
2020-08-01 $163,900 (10.8%) $235,704 (14.5%) 0.00 286
2020-09-01 $147,200 (-1.2%) $221,430 (7.7%) 0.00 273
2020-10-01 $154,900 (3.3%) $215,481 (2.6%) 0.00 275
2020-11-01 $152,400 (4.4%) $218,398 (7.7%) 0.00 249
2020-12-01 $161,900 (3.1%) $222,163 (2.3%) 0.00 237
2021-01-01 $163,900 (11.2%) $222,514 (4.7%) 0.00 214
2021-02-01 $154,450 (10.4%) $223,802 (3.8%) 0.00 190
2021-03-01 $136,750 (-8.8%) $207,127 (-8.7%) 0.00 161
2021-04-01 $149,450 (-0.3%) $220,951 (-4.3%) 0.00 144
2021-05-01 $159,000 (6.1%) $219,304 (-3.4%) 0.00 144
2021-06-01 $137,000 (-15.7%) $249,809 (6.7%) 0.00 149
2021-07-01 $144,200 (-15.1%) $266,665 (13.7%) 0.00 150
2021-08-01 $154,900 (-5.5%) $260,506 (10.5%) 0.00 142
2021-09-01 $136,950 (-7.0%) $249,393 (12.6%) 0.00 142
2021-10-01 $148,500 (-4.1%) $239,494 (11.1%) 0.00 144
2021-11-01 $147,500 (-3.2%) $264,604 (21.2%) 0.00 143
2021-12-01 $127,450 (-21.3%) $213,754 (-3.8%) 0.00 132
2022-01-01 $139,999 (-14.6%) $225,486 (1.3%) 0.00 120
2022-02-01 $139,900 (-9.4%) $222,736 (-0.5%) 0.00 117
2022-03-01 $139,900 (2.3%) $262,233 (26.6%) 0.00 139
2022-04-01 $134,695 (-9.9%) $234,198 (6.0%) 0.00 141
2022-05-01 $139,999 (-12.0%) $236,836 (8.0%) 0.00 146
2022-06-01 $142,450 (4.0%) $238,193 (-4.7%) 0.00 156
Paducah's median listing price for 2022-06-01 was $142,450, a difference of $5,450 (4.0%) versus the prior year and $2,451 versus the prior month.

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

Paducah's average listing price for 2022-06-01 was $238,193, a difference of $-11,616 (-4.7%) versus the prior year and $1,357 versus the prior month.

For the 2022-06-01 period, Paducah had 156 MLS listings, a difference of 10 listings (7%) versus the prior month and 7 listings (5%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Paducah (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,779 sqft
2018-02-01 0 days 1,726 sqft
2018-03-01 0 days 1,786 sqft
2018-04-01 0 days 1,808 sqft
2018-05-01 0 days 1,817 sqft
2018-06-01 0 days 1,808 sqft
2018-07-01 0 days 1,804 sqft
2018-08-01 0 days 1,800 sqft
2018-09-01 0 days 1,792 sqft
2018-10-01 0 days 1,773 sqft
2018-11-01 0 days 1,773 sqft
2018-12-01 0 days 1,800 sqft
2019-01-01 0 days 1,798 sqft
2019-02-01 0 days 1,781 sqft
2019-03-01 0 days 1,767 sqft
2019-04-01 0 days 1,739 sqft
2019-05-01 0 days 1,739 sqft
2019-06-01 0 days 1,763 sqft
2019-07-01 0 days 1,736 sqft
2019-08-01 0 days 1,781 sqft
2019-09-01 0 days 1,804 sqft
2019-10-01 0 days 1,813 sqft
2019-11-01 0 days 1,780 sqft
2019-12-01 0 days 1,924 sqft
2020-01-01 0 days 1,817 sqft
2020-02-01 0 days 1,782 sqft
2020-03-01 0 days 1,900 sqft
2020-04-01 0 days 1,900 sqft
2020-05-01 0 days 1,918 sqft
2020-06-01 0 days 1,916 sqft
2020-07-01 0 days 1,965 sqft
2020-08-01 0 days 1,897 sqft
2020-09-01 0 days 1,786 sqft
2020-10-01 0 days 1,736 sqft
2020-11-01 0 days 1,742 sqft
2020-12-01 0 days 1,775 sqft
2021-01-01 0 days 1,800 sqft
2021-02-01 0 days 1,788 sqft
2021-03-01 0 days 1,730 sqft
2021-04-01 0 days 1,793 sqft
2021-05-01 0 days 1,700 sqft
2021-06-01 0 days 1,608 sqft
2021-07-01 0 days 1,697 sqft
2021-08-01 0 days 1,806 sqft
2021-09-01 0 days 1,700 sqft
2021-10-01 0 days 1,680 sqft
2021-11-01 0 days 1,584 sqft
2021-12-01 0 days 1,467 sqft
2022-01-01 0 days 1,500 sqft
2022-02-01 0 days 1,408 sqft
2022-03-01 0 days 1,478 sqft
2022-04-01 0 days 1,500 sqft
2022-05-01 0 days 1,505 sqft
2022-06-01 0 days 1,491 sqft
Paducah's median listing age (time on market) for 2022-06-01 was 0 days.

Paducah's median square footage for active listings during the 2022-06-01 period was 1,491 sqft. One year prior, the average listing was 1,608 sqft.