Paris Mortgage Rates & Closing Costs

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  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
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  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Paris averaged 6.72% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2023-03-09) was 6.85% and one month ago for the week of 2023-02-09, the average rate was 6.14%.

    Paris's average rate one year ago was 3.61%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.7%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Paris 30 Year Fixed Rate 2023-03-16 6.72%
    Paris 30 Year Fixed Rate Refi 2023-03-16 6.7%
    Paris 15 Year Fixed Rate 2023-03-16 6.26%
    Paris 15 Year Fixed Rate Refi 2023-03-16 6.29%
    Paris 30 Year FHA 2023-03-16 6.48%
    Paris 30 Year FHA Refi 2023-03-16 5.88%
    Paris 30 Year USDA 2023-03-16 6.39%
    Paris 30 Year USDA Refi 2023-03-16 5.92%
    Paris 30 Year VA 2023-03-16 6.41%
    Paris 30 Year VA Refi 2023-03-16 6.06%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Paris, TN.

    Paris 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 Paris, TN 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    QUICKEN LOANS, LLC 32 5.33% $6,154
    FirstBank 20 5.05% $4,208
    FIRST COMMUNITY MORTGAGE, INC. 16 4.69% $4,579
    Regions Bank 16 4.88% $2,707
    Wells Fargo Bank 10 4.59% $4,318
    Simmons Bank 4 5.63% $3,796
    Citizens Bank 3 6.38% $3,292
    LOANDEPOT.COM, LLC 3 5.50% $5,440
    Mr. Cooper ( Nationstar Mortgage ) 3 5.21% $5,745
    NAVY FEDERAL CREDIT UNION 3 7.00% $3,204
    United Community Bank 3 7.08% $4,567
    UNITED WHOLESALE MORTGAGE, LLC 3 5.99% $3,664
    Flagstar Bank, FSB 2 4.75% $3,054
    CHURCHILL MORTGAGE CORPORATION 2 6.50% $4,771
    Bank of America 2 3.31% $3,705
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.18% $4,075
    CMG MORTGAGE, INC. 1 6.50% $4,778
    CROSSCOUNTRY MORTGAGE, LLC 1 5.75% $3,815
    Farm Credit Mid-America, ACA 1 5.00% $2,716
    FIRST CENTENNIAL MORTGAGE CORPORATION 1 5.88% $3,393
    First Horizon Bank 1 5.38% $5,298
    FirstTrust Home Loans, Inc. 1 6.50% $2,957
    F&M Bank 1 3.50% $1,687
    FREEDOM MORTGAGE CORPORATION 1 5.75% $5,048
    Gateway First Bank 1 5.38% $2,986
    GUARANTEED RATE, INC. 1 3.63% $5,006
    HOMESIDE FINANCIAL, LLC 1 4.88% $3,758
    LAND HOME FINANCIAL SERVICES, INC. 1 6.25% $3,248
    21ST MORTGAGE CORPORATION 1 7.10% $6,757
    MORTGAGE ACCESS CORP. 1 4.13% $5,202
    North American Savings Bank, F.S.B. 1 7.13% $2,298
    Northpointe Bank 1 3.50% $5,166
    NUMARK CREDIT UNION 1 3.88% $2,562
    Old National Bank 1 5.63% $2,904
    PENNYMAC LOAN SERVICES, LLC 1 5.50% $4,734
    PHH Mortgage Corporation 1 3.63% $3,934
    Renasant Bank 1 4.00% $5,692
    SECURITYNATIONAL MORTGAGE COMPANY 1 5.88% $3,617
    SOFI LENDING CORP. 1 3.13% $2,822
    TENNESSEE TRUST MORTGAGE, INC 1 6.38% $5,888
    Truist 1 3.63% $2,066
    U.S. Bank 1 3.63% $2,712
    LOANPAL, LLC 1 5.50% $3,233
    ALTRA 1 3.75% $3,182
    AMERICAN FINANCING CORPORATION 1 3.63% $3,730
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 4.88% $3,516
    AMERIFIRST FINANCIAL CORPORATION 1 5.88% $7,260
    AmeriHome Mortgage Company, LLC 1 4.88% $6,123
    AMERISAVE MORTGAGE CORPORATION 1 2.99% $15,388
    ASCEND FEDERAL CREDIT UNION 1 4.88% $2,899
    BROKER SOLUTIONS, INC. 1 4.75% $3,748
    CALIBER HOME LOANS, INC. 1 3.50% $3,922
    CANOPY MORTGAGE, LLC 1 6.50% $6,027
    Capitol Federal Savings Bank 1 5.88% $6,389
    CapStar Bank 1 3.38% $3,113
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 6.25% $5,858
    CASTLE & COOKE MORTGAGE, LLC 1 4.25% $4,093
    Citadel Servicing Corporation 1 4.88% $5,112

    Paris Average Closing Costs & Other Stats

    Paris, TN's 58 lenders originated 823 loans during 2022. The total origination value was $123,325,000, with an average loan value of $149,848.

    Paris's average closing costs are $4,334.

    The top Paris lender as defined by loan originations is QUICKEN LOANS, LLC, with 32 loans originated. Their average total fees are $6,154, which is $1,946 higher than the next largest lender, FirstBank.

    The lowest fee Paris lenders (with over 10 loans originated) are Regions Bank ($2,707), FirstBank ($4,208), Wells Fargo Bank ($4,318), FIRST COMMUNITY MORTGAGE, INC. ($4,579) and QUICKEN LOANS, LLC ($6,154).

    The lowest rate Paris lenders (with over 10 loans originated) are Wells Fargo Bank (4.59%), FIRST COMMUNITY MORTGAGE, INC. (4.69%), Regions Bank (4.88%), FirstBank (5.05%) and QUICKEN LOANS, LLC (5.33%).

    Paris, TN 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
    FirstBank $21,325,000 $15,290,000 -28.3% 12.4%
    Commercial Bank & Trust Co. $16,300,000 $12,650,000 -22.4% 10.3%
    QUICKEN LOANS, LLC $13,330,000 $11,225,000 -15.8% 9.1%
    Carroll Bank and Trust $9,355,000 $10,440,000 11.6% 8.5%
    Regions Bank $8,590,000 $7,915,000 -7.9% 6.4%
    FIRST COMMUNITY MORTGAGE, INC. $10,545,000 $6,535,000 -38.0% 5.3%
    Mortgage Research Center, LLC $3,315,000 $4,195,000 26.5% 3.4%
    Wells Fargo Bank $2,305,000 $3,020,000 31.0% 2.4%
    WALKER & DUNLOP, LLC $2,205,000 n/a 1.8%
    LOANDEPOT.COM, LLC $2,135,000 $2,120,000 -0.7% 1.7%
    NAVY FEDERAL CREDIT UNION $470,000 $1,725,000 267.0% 1.4%
    UNITED WHOLESALE MORTGAGE, LLC $975,000 $1,415,000 45.1% 1.1%
    Carrington Mortgage Services, LLC $170,000 $1,395,000 720.6% 1.1%
    Simmons Bank $175,000 $1,365,000 680.0% 1.1%
    Mr. Cooper ( Nationstar Mortgage ) $1,080,000 $1,005,000 -6.9% 0.8%
    Bank of America $275,000 $935,000 240.0% 0.8%
    CHURCHILL MORTGAGE CORPORATION $250,000 $900,000 260.0% 0.7%
    First Citizens National Bank $1,115,000 $885,000 -20.6% 0.7%
    ACOPIA, LLC $880,000 n/a 0.7%
    EVANSVILLE TEACHERS $195,000 $865,000 343.6% 0.7%
    U.S. Bank $1,430,000 $850,000 -40.6% 0.7%
    First Horizon Bank $400,000 $835,000 108.8% 0.7%
    Citizens Bank $1,115,000 $815,000 -26.9% 0.7%
    PENNYMAC LOAN SERVICES, LLC $2,260,000 $770,000 -65.9% 0.6%
    Traditions First Bank $555,000 $755,000 36.0% 0.6%
    Truist $1,320,000 $755,000 -42.8% 0.6%
    F&M Bank $1,125,000 $705,000 -37.3% 0.6%
    ALTRA $660,000 $690,000 4.5% 0.6%
    21ST MORTGAGE CORPORATION $755,000 $675,000 -10.6% 0.5%
    COMMUNITY BANK $670,000 n/a 0.5%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,020,000 $645,000 -36.8% 0.5%
    SOUTHWEST FUNDING, LP $515,000 $625,000 21.4% 0.5%
    HOMESIDE FINANCIAL, LLC $555,000 $575,000 3.6% 0.5%
    Flagstar Bank, FSB $280,000 $520,000 85.7% 0.4%
    Armed Forces Bank $505,000 n/a 0.4%
    Bank of England $290,000 $505,000 74.1% 0.4%
    BROKER SOLUTIONS, INC. $260,000 $505,000 94.2% 0.4%
    MUTUAL OF OMAHA MORTGAGE, INC. $105,000 $490,000 366.7% 0.4%
    United Community Bank $505,000 $490,000 -3.0% 0.4%
    CMG MORTGAGE, INC. $290,000 $485,000 67.2% 0.4%
    Heartland Bank and Trust Company $205,000 $485,000 136.6% 0.4%
    FirstTrust Home Loans, Inc. $470,000 n/a 0.4%
    PENTAGON FEDERAL CREDIT UNION $155,000 $440,000 183.9% 0.4%
    Legends Bank $435,000 $435,000 0.0% 0.4%
    NEWREZ LLC $470,000 $435,000 -7.4% 0.4%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $190,000 $420,000 121.1% 0.3%
    Renasant Bank $1,830,000 $410,000 -77.6% 0.3%
    CALIBER HOME LOANS, INC. $385,000 $405,000 5.2% 0.3%
    SIRVA MORTGAGE, INC. $405,000 n/a 0.3%
    VILLAGE CAPITAL MORTGAGE $700,000 $395,000 -43.6% 0.3%
    TENNESSEE TRUST MORTGAGE, INC $335,000 n/a 0.3%
    Nations Lending Corporation $85,000 $330,000 288.2% 0.3%
    TRIAD FINANCIAL SERVICES, INC. $330,000 n/a 0.3%
    AMERISAVE MORTGAGE CORPORATION $210,000 $325,000 54.8% 0.3%
    Leaders Credit Union $780,000 $325,000 -58.3% 0.3%
    MORTGAGE ACCESS CORP. $325,000 n/a 0.3%
    DAS Acquisition Company, LLC $115,000 $315,000 173.9% 0.3%
    NEW DAY FINANCIAL, LLC $910,000 $310,000 -65.9% 0.3%
    BancorpSouth Bank $705,000 $300,000 -57.4% 0.2%
    Gateway First Bank $265,000 n/a 0.2%
    AMERICAN FINANCING CORPORATION $290,000 $255,000 -12.1% 0.2%
    Morgantown Bank & Trust Company, Incorporated $255,000 n/a 0.2%
    Paramount Residential Mortgage Group, Inc. $255,000 n/a 0.2%
    PHH Mortgage Corporation $245,000 n/a 0.2%
    FREEDOM MORTGAGE CORPORATION $1,500,000 $240,000 -84.0% 0.2%
    CONTOUR MORTGAGE CORPORATION $155,000 $235,000 51.6% 0.2%
    FINANCE OF AMERICA MORTGAGE LLC $225,000 n/a 0.2%
    First Financial Bank $95,000 $225,000 136.8% 0.2%
    SOUTHWEST STAGE FUNDING, LLC $250,000 $225,000 -10.0% 0.2%
    EMBRACE HOME LOANS, INC. $215,000 n/a 0.2%
    Farm Credit Mid-America, ACA $720,000 $215,000 -70.1% 0.2%
    FNB Bank, Inc. $105,000 $215,000 104.8% 0.2%
    Discover Bank $210,000 n/a 0.2%
    FIRST CENTENNIAL MORTGAGE CORPORATION $205,000 n/a 0.2%
    LAKEVIEW LOAN SERVICING, LLC $545,000 $205,000 -62.4% 0.2%
    LAND HOME FINANCIAL SERVICES, INC. $205,000 n/a 0.2%
    The Federal Savings Bank $275,000 $205,000 -25.5% 0.2%
    Planters Bank, Inc. $195,000 n/a 0.2%
    The Huntington National Bank $185,000 $185,000 0.0% 0.2%
    Capitol Federal Savings Bank $175,000 n/a 0.1%
    Citadel Servicing Corporation $175,000 n/a 0.1%
    Equity Prime Mortgage LLC $205,000 $175,000 -14.6% 0.1%
    MORTGAGE INVESTORS GROUP, INC. $795,000 $175,000 -78.0% 0.1%
    GUARANTEED RATE, INC. $385,000 $165,000 -57.1% 0.1%
    LOANPAL, LLC $105,000 $160,000 52.4% 0.1%
    AMERICAN MORTGAGE SERVICES INCORPORATED $155,000 n/a 0.1%
    ASCEND FEDERAL CREDIT UNION $255,000 $155,000 -39.2% 0.1%
    North American Savings Bank, F.S.B. $155,000 n/a 0.1%
    PLANET HOME LENDING, LLC $635,000 $155,000 -75.6% 0.1%
    SOFI LENDING CORP. $155,000 n/a 0.1%
    CREDIT HUMAN FEDERAL CREDIT UNION $100,000 $150,000 50.0% 0.1%
    CROSSCOUNTRY MORTGAGE, LLC $605,000 $140,000 -76.9% 0.1%
    AmeriHome Mortgage Company, LLC $135,000 n/a 0.1%
    Magnolia Bank $165,000 $135,000 -18.2% 0.1%
    ROYAL UNITED MORTGAGE LLC $125,000 $135,000 8.0% 0.1%
    Peoples National Bank , N.A. $130,000 n/a 0.1%
    CANOPY MORTGAGE, LLC $125,000 n/a 0.1%
    Citibank $125,000 n/a 0.1%
    JPMorgan Chase Bank $380,000 $125,000 -67.1% 0.1%
    Northpointe Bank $125,000 n/a 0.1%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $125,000 n/a 0.1%
    SECURITYNATIONAL MORTGAGE COMPANY $125,000 n/a 0.1%
    T2 FINANCIAL LLC $125,000 n/a 0.1%
    HOME POINT FINANCIAL CORPORATION $365,000 $115,000 -68.5% 0.1%
    NUMARK CREDIT UNION $115,000 n/a 0.1%
    SOUTHEAST MORTGAGE OF GEORGIA, INC. $115,000 n/a 0.1%
    Old National Bank $105,000 n/a 0.1%
    The Bank of Fayette County $105,000 n/a 0.1%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $95,000 n/a 0.1%
    CASTLE & COOKE MORTGAGE, LLC $95,000 n/a 0.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $35,000 $95,000 171.4% 0.1%
    AMERIFIRST FINANCIAL CORPORATION $85,000 n/a 0.1%
    Apex Bank $265,000 $85,000 -67.9% 0.1%
    Barrington Bank & Trust Company, N.A. $885,000 $75,000 -91.5% 0.1%
    CapStar Bank $185,000 $75,000 -59.5% 0.1%
    1ST SIGNATURE LENDING, LLC $270,000 $65,000 -75.9% 0.1%
    First Harrison Bank $55,000 n/a 0.0%
    AMERICAN ADVISORS GROUP $120,000 $45,000 -62.5% 0.0%
    EASTMAN $35,000 n/a 0.0%
    Centennial Bank $885,000 $25,000 -97.2% 0.0%

    Paris's top lender by overall market share is FirstBank, with 12.4% market share. In second place, with 10.3%, is Commercial Bank & Trust Co., having originated $12,650,000 in loans. In third place, with 9.1%, is QUICKEN LOANS, LLC, having originated $11,225,000 in loans. In fourth place, with 8.5%, is Carroll Bank and Trust, having originated $10,440,000 in loans. In fifth place, with 6.4%, is Regions Bank, having originated $7,915,000 in loans.

    Paris Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Paris (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 $139,900 (1.0%) $224,013 (9.9%) 0.00 139
    2018-02-01 $131,643 (4.5%) $216,098 (7.1%) 0.00 145
    2018-03-01 $139,000 (15.7%) $204,624 (5.8%) 0.00 162
    2018-04-01 $139,750 (17.4%) $206,015 (13.4%) 0.00 163
    2018-05-01 $144,999 (19.9%) $214,752 (11.5%) 0.00 168
    2018-06-01 $157,000 (19.8%) $227,045 (16.6%) 0.00 171
    2018-07-01 $149,900 (11.5%) $226,605 (17.2%) 0.00 169
    2018-08-01 $149,500 (10.7%) $225,593 (21.2%) 0.00 177
    2018-09-01 $149,999 (11.1%) $234,583 (25.5%) 0.00 168
    2018-10-01 $149,974 (7.4%) $231,537 (15.9%) 0.00 160
    2018-11-01 $158,225 (11.6%) $229,447 (9.6%) 0.00 155
    2018-12-01 $159,900 (12.1%) $218,397 (4.7%) 0.00 156
    2019-01-01 $159,000 (13.7%) $212,905 (-5.0%) 0.00 160
    2019-02-01 $163,950 (24.5%) $219,869 (1.8%) 0.00 159
    2019-03-01 $161,671 (16.3%) $222,223 (8.6%) 0.00 157
    2019-04-01 $160,121 (14.6%) $224,539 (9.0%) 0.00 159
    2019-05-01 $163,850 (13.0%) $231,075 (7.6%) 0.00 162
    2019-06-01 $159,900 (1.9%) $226,804 (-0.1%) 0.00 168
    2019-07-01 $162,125 (8.2%) $224,085 (-1.1%) 0.00 158
    2019-08-01 $163,882 (9.6%) $229,033 (1.5%) 0.00 146
    2019-09-01 $171,655 (14.4%) $234,887 (0.1%) 0.00 143
    2019-10-01 $178,350 (18.9%) $237,581 (2.6%) 0.00 142
    2019-11-01 $168,500 (6.5%) $227,341 (-0.9%) 0.00 139
    2019-12-01 $168,875 (5.6%) $221,195 (1.3%) 0.00 126
    2020-01-01 $171,350 (7.8%) $222,906 (4.7%) 0.00 127
    2020-02-01 $172,500 (5.2%) $239,564 (9.0%) 0.00 119
    2020-03-01 $173,500 (7.3%) $249,817 (12.4%) 0.00 103
    2020-04-01 $169,900 (6.1%) $240,523 (7.1%) 0.00 101
    2020-05-01 $172,500 (5.3%) $265,809 (15.0%) 0.00 102
    2020-06-01 $187,100 (17.0%) $272,092 (20.0%) 0.00 89
    2020-07-01 $174,075 (7.4%) $255,234 (13.9%) 0.00 84
    2020-08-01 $175,000 (6.8%) $259,802 (13.4%) 0.00 76
    2020-09-01 $167,875 (-2.2%) $251,852 (7.2%) 0.00 70
    2020-10-01 $169,700 (-4.9%) $272,105 (14.5%) 0.00 65
    2020-11-01 $165,350 (-1.9%) $255,577 (12.4%) 0.00 69
    2020-12-01 $164,100 (-2.8%) $256,253 (15.9%) 0.00 59
    2021-01-01 $162,500 (-5.2%) $255,731 (14.7%) 0.00 51
    2021-02-01 $189,900 (10.1%) $272,023 (13.6%) 0.00 39
    2021-03-01 $189,900 (9.5%) $219,118 (-12.3%) 0.00 40
    2021-04-01 $189,900 (11.8%) $307,934 (28.0%) 0.00 41
    2021-05-01 $227,500 (31.9%) $347,100 (30.6%) 0.00 41
    2021-06-01 $243,475 (30.1%) $358,258 (31.7%) 0.00 54
    2021-07-01 $244,250 (40.3%) $385,610 (51.1%) 0.00 61
    2021-08-01 $240,750 (37.6%) $417,759 (60.8%) 0.00 60
    2021-09-01 $240,000 (43.0%) $379,631 (50.7%) 0.00 71
    2021-10-01 $230,000 (35.5%) $361,338 (32.8%) 0.00 67
    2021-11-01 $217,125 (31.3%) $353,290 (38.2%) 0.00 53
    2021-12-01 $194,800 (18.7%) $350,778 (36.9%) 0.00 49
    2022-01-01 $215,000 (32.3%) $379,039 (48.2%) 0.00 44
    2022-02-01 $224,500 (18.2%) $362,632 (33.3%) 0.00 49
    2022-03-01 $221,750 (16.8%) $347,925 (58.8%) 0.00 55
    2022-04-01 $254,850 (34.2%) $347,377 (12.8%) 0.00 55
    2022-05-01 $246,450 (8.3%) $385,209 (11.0%) 0.00 53
    2022-06-01 $262,900 (8.0%) $410,156 (14.5%) 0.00 66
    2022-07-01 $280,000 (14.6%) $460,346 (19.4%) 0.00 85
    2022-08-01 $297,000 (23.4%) $465,816 (11.5%) 0.00 81
    2022-09-01 $284,300 (18.5%) $458,928 (20.9%) 0.00 87
    2022-10-01 $325,000 (41.3%) $475,998 (31.7%) 0.00 86
    2022-11-01 $310,000 (42.8%) $455,242 (28.9%) 0.00 86
    2022-12-01 $341,500 (75.3%) $455,376 (29.8%) 0.00 86
    2023-01-01 $329,250 (53.1%) $451,473 (19.1%) 0.00 83
    2023-02-01 $334,750 (49.1%) $445,217 (22.8%) 0.00 76
    Paris's median listing price for 2023-02-01 was $334,750, a difference of $110,250 (49.1%) versus the prior year and $5,500 versus the prior month.

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

    Paris's average listing price for 2023-02-01 was $445,217, a difference of $82,585 (22.8%) versus the prior year and $-6,256 versus the prior month.

    For the 2023-02-01 period, Paris had 76 MLS listings, a difference of -7 listings (-8%) versus the prior month and 27 listings (55%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Paris (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,176 sqft
    2018-02-01 0 days 2,143 sqft
    2018-03-01 0 days 2,302 sqft
    2018-04-01 0 days 2,259 sqft
    2018-05-01 0 days 2,224 sqft
    2018-06-01 0 days 2,212 sqft
    2018-07-01 0 days 1,775 sqft
    2018-08-01 0 days 1,795 sqft
    2018-09-01 0 days 1,799 sqft
    2018-10-01 0 days 1,855 sqft
    2018-11-01 0 days 1,890 sqft
    2018-12-01 0 days 1,819 sqft
    2019-01-01 0 days 1,817 sqft
    2019-02-01 0 days 1,844 sqft
    2019-03-01 0 days 1,957 sqft
    2019-04-01 0 days 2,140 sqft
    2019-05-01 0 days 2,151 sqft
    2019-06-01 0 days 2,130 sqft
    2019-07-01 0 days 2,142 sqft
    2019-08-01 0 days 2,103 sqft
    2019-09-01 0 days 2,039 sqft
    2019-10-01 0 days 2,018 sqft
    2019-11-01 0 days 1,887 sqft
    2019-12-01 0 days 1,885 sqft
    2020-01-01 0 days 1,875 sqft
    2020-02-01 0 days 1,847 sqft
    2020-03-01 0 days 1,744 sqft
    2020-04-01 0 days 1,669 sqft
    2020-05-01 0 days 1,750 sqft
    2020-06-01 0 days 1,847 sqft
    2020-07-01 0 days 1,898 sqft
    2020-08-01 0 days 1,782 sqft
    2020-09-01 0 days 1,701 sqft
    2020-10-01 0 days 1,700 sqft
    2020-11-01 0 days 1,644 sqft
    2020-12-01 0 days 1,627 sqft
    2021-01-01 0 days 1,590 sqft
    2021-02-01 0 days 1,571 sqft
    2021-03-01 0 days 1,585 sqft
    2021-04-01 0 days 1,790 sqft
    2021-05-01 0 days 1,800 sqft
    2021-06-01 0 days 1,800 sqft
    2021-07-01 0 days 1,800 sqft
    2021-08-01 0 days 1,810 sqft
    2021-09-01 0 days 1,800 sqft
    2021-10-01 0 days 1,795 sqft
    2021-11-01 0 days 1,800 sqft
    2021-12-01 0 days 1,691 sqft
    2022-01-01 0 days 1,682 sqft
    2022-02-01 0 days 1,740 sqft
    2022-03-01 0 days 1,715 sqft
    2022-04-01 0 days 1,714 sqft
    2022-05-01 0 days 1,729 sqft
    2022-06-01 0 days 1,746 sqft
    2022-07-01 0 days 1,792 sqft
    2022-08-01 0 days 1,783 sqft
    2022-09-01 0 days 1,914 sqft
    2022-10-01 0 days 2,072 sqft
    2022-11-01 0 days 2,109 sqft
    2022-12-01 0 days 2,102 sqft
    2023-01-01 0 days 2,102 sqft
    2023-02-01 0 days 2,100 sqft
    Paris's median listing age (time on market) for 2023-02-01 was 0 days.

    Paris's median square footage for active listings during the 2023-02-01 period was 2,100 sqft. One year prior, the average listing was 1,740 sqft.

    Paris, TN Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 403 $72,715,000 $180,434
    Cash Out Refi 156 $23,830,000 $152,756
    Refi 116 $15,530,000 $133,879
    Other 81 $7,435,000 $91,790
    Home Improvement 67 $3,815,000 $56,940

    Paris's most frequently cited loan purpose was Home Purchase, with 403 originations. The 2nd most popular reason was Cash Out Refi, with 156 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 174 $27,540,000 $158,276
    4-5% 123 $22,405,000 $182,154
    3-4% 109 $18,685,000 $171,422
    6-7% 75 $11,015,000 $146,867
    7-8% 36 $3,970,000 $110,278
    2.5-3% 28 $6,490,000 $231,786
    Over 8% 15 $995,000 $66,333
    <2.5% 3 $545,000 $181,667

    During 2022, Paris's most frequently originated rate bucket was 5-6%, with 174 originations.

    Loan Sizing (Paris, TN MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 317 $17,205,000 $54,274
    $100k-200k 312 $44,310,000 $142,019
    $200k-400k 165 $44,765,000 $271,303
    $400k-600k 24 $11,380,000 $474,167
    $600k-1000k 3 $2,455,000 $818,333
    $Over $1MM 2 $3,210,000 $1,605,000

    Paris's loan sizing saw the bucket of loans from $100,000 or less with 317 originations, totaling $17,205,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 238 $48,100,000 $202,101
    60-80% 139 $26,225,000 $188,669
    40-60% 79 $9,625,000 $121,835
    20-40% 56 $3,890,000 $69,464
    Under 20% 46 $1,580,000 $34,348
    Over 100% 7 $2,385,000 $340,714

    Paris's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 238 originations, totaling $48,100,000 in origination value.