Plainview Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Plainview averaged
6.97%
for the week of 2024-12-05, compared to the national average of
6.69% for the same period.
The average rate for the prior week (2024-11-27) was
7.09% and
one month ago for the week of 2024-10-31, the
average rate was 6.8%.
Plainview's average rate one year ago was 7.5%.
For refis of the same type during the week of 2024-12-05, the average rate
was 7.19%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-12-05 | 6.69% |
Plainview 30 Year Fixed Rate | 2024-12-05 | 6.97% |
Plainview 30 Year Fixed Rate Refi | 2024-12-05 | 7.19% |
Plainview 15 Year Fixed Rate | 2024-12-05 | 6.06% |
Plainview 15 Year Fixed Rate Refi | 2024-12-05 | 6.56% |
Plainview 30 Year FHA | 2024-12-05 | 6.26% |
Plainview 30 Year FHA Refi | 2024-12-05 | 6.66% |
Plainview 30 Year USDA | 2024-12-05 | 6.23% |
Plainview 30 Year USDA Refi | 2024-12-05 | 6.43% |
Plainview 30 Year VA | 2024-12-05 | 6.04% |
Plainview 30 Year VA Refi | 2024-12-05 | 6.34% |
Plainview 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 Plainview, 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.).
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
Prosperity Bank | 47 | 6.77% | $3,551 |
QUICKEN LOANS, LLC | 7 | 7.23% | $5,184 |
Centennial Bank | 6 | 7.00% | $2,961 |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | 6 | 6.64% | $3,504 |
TEXAS TECH | 4 | 7.28% | $5,287 |
FLAT BRANCH MORTGAGE, INC. | 4 | 6.84% | $4,252 |
Mr. Cooper ( Nationstar Mortgage ) | 3 | 7.16% | $7,363 |
T2 FINANCIAL LLC | 3 | 6.67% | $4,125 |
Amarillo National Bank | 3 | 6.21% | $3,655 |
CARDINAL FINANCIAL | 2 | 6.43% | $8,258 |
City Bank | 2 | 7.19% | $3,909 |
Northpointe Bank | 2 | 6.94% | $6,433 |
Bank of America | 2 | 6.19% | $6,433 |
Alliance Credit Union | 2 | 7.13% | $12,538 |
THRIVE MORTGAGE, LLC | 1 | 6.13% | $4,925 |
CMG MORTGAGE, INC. | 1 | 6.99% | $10,367 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 7.49% | $2,563 |
Flagstar Bank, FSB | 1 | 7.13% | $5,577 |
HOMEXPRESS MORTGAGE CORP. | 1 | 10.50% | $9,072 |
LOANDEPOT.COM, LLC | 1 | 7.99% | $6,282 |
NP, Inc. | 1 | 8.88% | $13,663 |
PRIMELENDING, A PLAINSCAPITAL COMPANY | 1 | 6.88% | $4,988 |
Regions Bank | 1 | 6.38% | $8,760 |
The Huntington National Bank | 1 | 6.50% | $6,990 |
ADVANCIAL | 1 | 6.88% | $5,112 |
Plainview Average Closing Costs & Other Stats
Plainview, TX's 25 lenders originated 239
loans during 2023. The total origination value was $36,235,000, with an average loan value of
$151,611.
Plainview's average closing costs are $4,568.
The top Plainview lender as defined by loan originations is Prosperity Bank, with
47 loans originated. Their average total fees are
$3,551, which is $1,633
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Plainview lenders (with over 10 loans originated) are
Prosperity Bank ($3,551), .
The lowest rate Plainview lenders (with over 10 loans originated) are
Prosperity Bank (6.77%), .
Plainview, 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 |
---|---|---|---|---|
Prosperity Bank | $17,350,000 | $10,905,000 | -37.1% | 30.1% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $4,190,000 | $2,000,000 | -52.3% | 5.5% |
TEXAS TECH | $1,510,000 | $1,365,000 | -9.6% | 3.8% |
Mortgage Research Center, LLC | $450,000 | $1,220,000 | 171.1% | 3.4% |
Amarillo National Bank | $1,075,000 | $1,200,000 | 11.6% | 3.3% |
QUICKEN LOANS, LLC | $2,590,000 | $1,165,000 | -55.0% | 3.2% |
CARDINAL FINANCIAL | $1,285,000 | $1,145,000 | -10.9% | 3.2% |
Alliance Credit Union | $915,000 | $1,065,000 | 16.4% | 2.9% |
CMG MORTGAGE, INC. | $360,000 | $1,065,000 | 195.8% | 2.9% |
FLAT BRANCH MORTGAGE, INC. | $810,000 | $1,040,000 | 28.4% | 2.9% |
LOANDEPOT.COM, LLC | $720,000 | $1,005,000 | 39.6% | 2.8% |
City Bank | $1,495,000 | $710,000 | -52.5% | 2.0% |
Centennial Bank | $1,755,000 | $680,000 | -61.3% | 1.9% |
The Huntington National Bank | $645,000 | n/a | 1.8% | |
Bank of America | $610,000 | n/a | 1.7% | |
T2 FINANCIAL LLC | $505,000 | n/a | 1.4% | |
FREEDOM MORTGAGE CORPORATION | $550,000 | $490,000 | -10.9% | 1.4% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $55,000 | $455,000 | 727.3% | 1.3% |
Regions Bank | $425,000 | n/a | 1.2% | |
Mr. Cooper ( Nationstar Mortgage ) | $435,000 | $420,000 | -3.4% | 1.2% |
AMCAP MORTGAGE, LTD. | $155,000 | $370,000 | 138.7% | 1.0% |
NP, Inc. | $365,000 | n/a | 1.0% | |
ROYAL UNITED MORTGAGE LLC | $85,000 | $365,000 | 329.4% | 1.0% |
NAVY FEDERAL CREDIT UNION | $310,000 | n/a | 0.9% | |
Northpointe Bank | $300,000 | n/a | 0.8% | |
PENNYMAC LOAN SERVICES, LLC | $575,000 | $295,000 | -48.7% | 0.8% |
EMBRACE HOME LOANS, INC. | $285,000 | n/a | 0.8% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $285,000 | n/a | 0.8% | |
ADVANCIAL | $275,000 | n/a | 0.8% | |
COUNTRYPLACE MORTGAGE, LTD. | $270,000 | n/a | 0.7% | |
American State Bank | $150,000 | $235,000 | 56.7% | 0.6% |
SOUTHWEST STAGE FUNDING, LLC | $235,000 | n/a | 0.6% | |
HOMETRUST MORTGAGE COMPANY | $205,000 | $220,000 | 7.3% | 0.6% |
MOVEMENT MORTGAGE, LLC | $215,000 | n/a | 0.6% | |
Bank of England | $205,000 | n/a | 0.6% | |
First United Bank | $85,000 | $205,000 | 141.2% | 0.6% |
Community National Bank | $95,000 | $190,000 | 100.0% | 0.5% |
HOMEXPRESS MORTGAGE CORP. | $175,000 | n/a | 0.5% | |
PENTAGON FEDERAL CREDIT UNION | $175,000 | n/a | 0.5% | |
AMERICAN FINANCIAL NETWORK, INC. | $155,000 | n/a | 0.4% | |
GUILD MORTGAGE COMPANY | $155,000 | n/a | 0.4% | |
United Fidelity Funding Corp. | $155,000 | n/a | 0.4% | |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $95,000 | $150,000 | 57.9% | 0.4% |
Flagstar Bank, FSB | $320,000 | $145,000 | -54.7% | 0.4% |
MANN FINANCIAL INC. | $145,000 | n/a | 0.4% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $85,000 | $145,000 | 70.6% | 0.4% |
AMWEST FUNDING CORP. | $135,000 | n/a | 0.4% | |
Equity Prime Mortgage LLC | $135,000 | n/a | 0.4% | |
SUCCESS MORTGAGE PARTNERS, INC. | $135,000 | n/a | 0.4% | |
MORTGAGE FINANCIAL SERVICES, LLC | $125,000 | n/a | 0.3% | |
Wells Fargo Bank | $700,000 | $115,000 | -83.6% | 0.3% |
LIBERTYONE Credit Union | $105,000 | n/a | 0.3% | |
Western Bank | $55,000 | $105,000 | 90.9% | 0.3% |
EUSTIS AND AMERICAN MORTGAGE COMPANY | $75,000 | n/a | 0.2% | |
LOANPAL, LLC | $75,000 | n/a | 0.2% | |
Servion, Inc. | $75,000 | n/a | 0.2% | |
THRIVE MORTGAGE, LLC | $95,000 | $75,000 | -21.1% | 0.2% |
SPRING EQ, LLC | $65,000 | n/a | 0.2% | |
Credit Union of Texas | $55,000 | n/a | 0.2% | |
SWBC MORTGAGE CORPORATION | $45,000 | n/a | 0.1% |
Plainview's top lender by overall market share is Prosperity Bank, with 30.1% market share. In second place, with 5.5%, is ARK-LA-TEX FINANCIAL SERVICES, LLC., having originated $2,000,000 in loans. In third place, with 3.8%, is TEXAS TECH, having originated $1,365,000 in loans. In fourth place, with 3.4%, is Mortgage Research Center, LLC, having originated $1,220,000 in loans. In fifth place, with 3.3%, is Amarillo National Bank, having originated $1,200,000 in loans.
Plainview Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Plainview (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 | $122,400 (4.4%) | $150,032 (10.4%) | 0.00 | 104 |
2018-02-01 | $126,850 (7.4%) | $151,313 (8.1%) | 0.00 | 110 |
2018-03-01 | $139,850 (16.3%) | $160,082 (7.7%) | 0.00 | 103 |
2018-04-01 | $142,375 (18.0%) | $166,041 (6.6%) | 0.00 | 92 |
2018-05-01 | $142,325 (17.3%) | $157,142 (2.8%) | 0.00 | 96 |
2018-06-01 | $147,200 (32.3%) | $160,766 (12.8%) | 0.00 | 100 |
2018-07-01 | $144,500 (31.4%) | $163,694 (19.3%) | 0.00 | 113 |
2018-08-01 | $137,325 (21.1%) | $165,664 (18.8%) | 0.00 | 108 |
2018-09-01 | $130,000 (4.7%) | $166,474 (16.4%) | 0.00 | 111 |
2018-10-01 | $125,000 (-1.5%) | $167,202 (11.1%) | 0.00 | 108 |
2018-11-01 | $125,975 (-0.1%) | $163,628 (6.3%) | 0.00 | 116 |
2018-12-01 | $132,500 (6.7%) | $166,610 (8.9%) | 0.00 | 110 |
2019-01-01 | $120,600 (-1.5%) | $162,128 (8.1%) | 0.00 | 103 |
2019-02-01 | $129,450 (2.1%) | $164,691 (8.8%) | 0.00 | 100 |
2019-03-01 | $138,693 (-0.8%) | $169,576 (5.9%) | 0.00 | 97 |
2019-04-01 | $141,993 (-0.3%) | $170,151 (2.5%) | 0.00 | 99 |
2019-05-01 | $132,475 (-6.9%) | $166,700 (6.1%) | 0.00 | 96 |
2019-06-01 | $131,250 (-10.8%) | $163,855 (1.9%) | 0.00 | 92 |
2019-07-01 | $127,875 (-11.5%) | $151,931 (-7.2%) | 0.00 | 107 |
2019-08-01 | $127,318 (-7.3%) | $153,241 (-7.5%) | 0.00 | 103 |
2019-09-01 | $127,420 (-2.0%) | $155,638 (-6.5%) | 0.00 | 99 |
2019-10-01 | $126,714 (1.4%) | $157,656 (-5.7%) | 0.00 | 94 |
2019-11-01 | $127,000 (0.8%) | $156,938 (-4.1%) | 0.00 | 94 |
2019-12-01 | $135,375 (2.2%) | $162,903 (-2.2%) | 0.00 | 90 |
2020-01-01 | $134,625 (11.6%) | $158,986 (-1.9%) | 0.00 | 83 |
2020-02-01 | $128,950 (-0.4%) | $160,397 (-2.6%) | 0.00 | 73 |
2020-03-01 | $137,250 (-1.0%) | $177,794 (4.9%) | 0.00 | 70 |
2020-04-01 | $139,750 (-1.6%) | $191,535 (12.6%) | 0.00 | 69 |
2020-05-01 | $147,250 (11.2%) | $200,830 (20.5%) | 0.00 | 65 |
2020-06-01 | $144,300 (9.9%) | $197,529 (20.6%) | 0.00 | 64 |
2020-07-01 | $136,050 (6.4%) | $177,278 (16.7%) | 0.00 | 61 |
2020-08-01 | $137,200 (7.8%) | $176,415 (15.1%) | 0.00 | 71 |
2020-09-01 | $136,000 (6.7%) | $176,019 (13.1%) | 0.00 | 65 |
2020-10-01 | $135,500 (6.9%) | $177,814 (12.8%) | 0.00 | 54 |
2020-11-01 | $139,950 (10.2%) | $190,497 (21.4%) | 0.00 | 43 |
2020-12-01 | $143,575 (6.1%) | $197,945 (21.5%) | 0.00 | 46 |
2021-01-01 | $133,500 (-0.8%) | $180,609 (13.6%) | 0.00 | 41 |
2021-02-01 | $132,375 (2.7%) | $187,457 (16.9%) | 0.00 | 35 |
2021-03-01 | $110,875 (-19.2%) | $188,491 (6.0%) | 0.00 | 29 |
2021-04-01 | $114,950 (-17.8%) | $189,353 (-1.1%) | 0.00 | 32 |
2021-05-01 | $110,000 (-25.3%) | $247,536 (23.3%) | 0.00 | 24 |
2021-06-01 | $180,000 (24.7%) | $241,830 (22.4%) | 0.00 | 26 |
2021-07-01 | $149,500 (9.9%) | $247,150 (39.4%) | 0.00 | 21 |
2021-08-01 | $134,750 (-1.8%) | $187,014 (6.0%) | 0.00 | 35 |
2021-09-01 | $139,875 (2.9%) | $197,527 (12.2%) | 0.00 | 36 |
2021-10-01 | $117,475 (-13.3%) | $209,376 (17.8%) | 0.00 | 27 |
2021-11-01 | $129,975 (-7.1%) | $220,978 (16.0%) | 0.00 | 27 |
2021-12-01 | $167,325 (16.5%) | $234,950 (18.7%) | 0.00 | 30 |
2022-01-01 | $140,000 (4.9%) | $218,409 (20.9%) | 0.00 | 27 |
2022-02-01 | $142,938 (8.0%) | $226,247 (20.7%) | 0.00 | 29 |
2022-03-01 | $162,250 (46.3%) | $249,120 (32.2%) | 0.00 | 20 |
2022-04-01 | $189,700 (65.0%) | $266,726 (40.9%) | 0.00 | 18 |
2022-05-01 | $174,000 (58.2%) | $255,787 (3.3%) | 0.00 | 25 |
2022-06-01 | $139,375 (-22.6%) | $227,519 (-5.9%) | 0.00 | 27 |
2022-07-01 | $167,500 (12.0%) | $211,732 (-14.3%) | 0.00 | 32 |
2022-08-01 | $158,575 (17.7%) | $212,031 (13.4%) | 0.00 | 28 |
2022-09-01 | $130,750 (-6.5%) | $192,516 (-2.5%) | 0.00 | 33 |
2022-10-01 | $175,000 (49.0%) | $222,054 (6.1%) | 0.00 | 36 |
2022-11-01 | $169,200 (30.2%) | $223,932 (1.3%) | 0.00 | 36 |
2022-12-01 | $164,900 (-1.5%) | $235,723 (0.3%) | 0.00 | 35 |
2023-01-01 | $156,475 (11.8%) | $214,323 (-1.9%) | 0.00 | 38 |
2023-02-01 | $164,900 (15.4%) | $220,521 (-2.5%) | 0.00 | 37 |
2023-03-01 | $182,500 (12.5%) | $237,095 (-4.8%) | 0.00 | 37 |
2023-04-01 | $199,500 (5.2%) | $298,312 (11.8%) | 0.00 | 35 |
2023-05-01 | $206,500 (18.7%) | $284,111 (11.1%) | 0.00 | 45 |
2023-06-01 | $197,125 (41.4%) | $261,861 (15.1%) | 0.00 | 53 |
2023-07-01 | $197,450 (17.9%) | $256,343 (21.1%) | 0.00 | 59 |
2023-08-01 | $193,185 (21.8%) | $244,913 (15.5%) | 0.00 | 74 |
2023-09-01 | $197,000 (50.7%) | $248,325 (29.0%) | 0.00 | 77 |
2023-10-01 | $195,685 (11.8%) | $252,574 (13.7%) | 0.00 | 76 |
2023-11-01 | $195,870 (15.8%) | $279,642 (24.9%) | 0.00 | 83 |
2023-12-01 | $191,870 (16.4%) | $282,136 (19.7%) | 0.00 | 81 |
2024-01-01 | $197,635 (26.3%) | $282,176 (31.7%) | 0.00 | 76 |
2024-02-01 | $191,738 (16.3%) | $268,782 (21.9%) | 0.00 | 77 |
2024-03-01 | $198,500 (8.8%) | $258,662 (9.1%) | 0.00 | 85 |
2024-04-01 | $209,975 (5.3%) | $280,277 (-6.1%) | 0.00 | 76 |
2024-05-01 | $219,900 (6.5%) | $299,840 (5.5%) | 0.00 | 69 |
2024-06-01 | $229,000 (16.2%) | $302,827 (15.6%) | 0.00 | 76 |
2024-07-01 | $204,600 (3.6%) | $278,721 (8.7%) | 0.00 | 91 |
2024-08-01 | $204,750 (6.0%) | $270,546 (10.5%) | 0.00 | 99 |
2024-09-01 | $200,500 (1.8%) | $255,641 (3.0%) | 0.00 | 92 |
2024-10-01 | $191,688 (-2.0%) | $244,463 (-3.2%) | 0.00 | 96 |
2024-11-01 | $188,625 (-3.7%) | $237,800 (-15.0%) | 0.00 | 92 |
Plainview's median listing price comes in at 0% of the national average.
Plainview's average listing price for 2024-11-01 was $237,800, a difference of $-41,842 (-15.0%) versus the prior year and $-6,663 versus the prior month.
For the 2024-11-01 period, Plainview had 92 MLS listings, a difference of -4 listings (-4%) versus the prior month and 9 listings (11%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Plainview (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,816 sqft |
2018-02-01 | 0 days | 1,864 sqft |
2018-03-01 | 0 days | 1,970 sqft |
2018-04-01 | 0 days | 2,020 sqft |
2018-05-01 | 0 days | 1,987 sqft |
2018-06-01 | 0 days | 2,046 sqft |
2018-07-01 | 0 days | 2,004 sqft |
2018-08-01 | 0 days | 1,972 sqft |
2018-09-01 | 0 days | 1,959 sqft |
2018-10-01 | 0 days | 1,935 sqft |
2018-11-01 | 0 days | 1,948 sqft |
2018-12-01 | 0 days | 1,922 sqft |
2019-01-01 | 0 days | 1,911 sqft |
2019-02-01 | 0 days | 1,930 sqft |
2019-03-01 | 0 days | 1,955 sqft |
2019-04-01 | 0 days | 1,969 sqft |
2019-05-01 | 0 days | 1,959 sqft |
2019-06-01 | 0 days | 1,940 sqft |
2019-07-01 | 0 days | 1,901 sqft |
2019-08-01 | 0 days | 1,916 sqft |
2019-09-01 | 0 days | 1,943 sqft |
2019-10-01 | 0 days | 1,965 sqft |
2019-11-01 | 0 days | 1,956 sqft |
2019-12-01 | 0 days | 1,942 sqft |
2020-01-01 | 0 days | 1,941 sqft |
2020-02-01 | 0 days | 1,905 sqft |
2020-03-01 | 0 days | 1,974 sqft |
2020-04-01 | 0 days | 2,045 sqft |
2020-05-01 | 0 days | 2,175 sqft |
2020-06-01 | 0 days | 2,109 sqft |
2020-07-01 | 0 days | 2,030 sqft |
2020-08-01 | 0 days | 2,117 sqft |
2020-09-01 | 0 days | 2,137 sqft |
2020-10-01 | 0 days | 2,078 sqft |
2020-11-01 | 0 days | 1,955 sqft |
2020-12-01 | 0 days | 2,039 sqft |
2021-01-01 | 0 days | 1,910 sqft |
2021-02-01 | 0 days | 1,956 sqft |
2021-03-01 | 0 days | 1,975 sqft |
2021-04-01 | 0 days | 2,012 sqft |
2021-05-01 | 0 days | 1,646 sqft |
2021-06-01 | 0 days | 2,148 sqft |
2021-07-01 | 0 days | 1,635 sqft |
2021-08-01 | 0 days | 1,631 sqft |
2021-09-01 | 0 days | 1,743 sqft |
2021-10-01 | 0 days | 1,631 sqft |
2021-11-01 | 0 days | 1,631 sqft |
2021-12-01 | 0 days | 1,634 sqft |
2022-01-01 | 0 days | 1,633 sqft |
2022-02-01 | 0 days | 1,786 sqft |
2022-03-01 | 0 days | 1,666 sqft |
2022-04-01 | 0 days | 1,912 sqft |
2022-05-01 | 0 days | 1,980 sqft |
2022-06-01 | 0 days | 1,768 sqft |
2022-07-01 | 0 days | 1,913 sqft |
2022-08-01 | 0 days | 1,943 sqft |
2022-09-01 | 0 days | 1,770 sqft |
2022-10-01 | 0 days | 1,801 sqft |
2022-11-01 | 0 days | 1,793 sqft |
2022-12-01 | 0 days | 1,777 sqft |
2023-01-01 | 0 days | 1,697 sqft |
2023-02-01 | 0 days | 1,740 sqft |
2023-03-01 | 0 days | 1,892 sqft |
2023-04-01 | 0 days | 1,960 sqft |
2023-05-01 | 0 days | 1,839 sqft |
2023-06-01 | 0 days | 1,773 sqft |
2023-07-01 | 0 days | 1,874 sqft |
2023-08-01 | 0 days | 1,913 sqft |
2023-09-01 | 0 days | 1,913 sqft |
2023-10-01 | 0 days | 1,910 sqft |
2023-11-01 | 0 days | 1,884 sqft |
2023-12-01 | 0 days | 1,907 sqft |
2024-01-01 | 0 days | 1,920 sqft |
2024-02-01 | 0 days | 1,881 sqft |
2024-03-01 | 0 days | 1,905 sqft |
2024-04-01 | 0 days | 1,995 sqft |
2024-05-01 | 0 days | 2,104 sqft |
2024-06-01 | 0 days | 2,091 sqft |
2024-07-01 | 0 days | 2,020 sqft |
2024-08-01 | 0 days | 2,045 sqft |
2024-09-01 | 0 days | 1,952 sqft |
2024-10-01 | 0 days | 1,961 sqft |
2024-11-01 | 0 days | 1,902 sqft |
Plainview's median square footage for active listings during the 2024-11-01 period was 1,902 sqft. One year prior, the average listing was 1,884 sqft.
Plainview, TX Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 184 | $30,390,000 | $165,163 |
Cash Out Refi | 21 | $2,335,000 | $111,190 |
Refi | 19 | $2,465,000 | $129,737 |
Other | 9 | $695,000 | $77,222 |
Home Improvement | 6 | $350,000 | $58,333 |
Plainview's most frequently cited loan purpose was Home Purchase, with 184 originations. The 2nd most popular reason was Cash Out Refi, with 21 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 97 | $16,375,000 | $168,814 |
7-8% | 69 | $9,445,000 | $136,884 |
5-6% | 34 | $6,320,000 | $185,882 |
Over 8% | 30 | $3,560,000 | $118,667 |
<2.5% | 1 | $5,000 | $5,000 |
4-5% | 1 | $95,000 | $95,000 |
During 2023, Plainview's most frequently originated rate bucket was 6-7%, with 97 originations.
Loan Sizing (Plainview, TX MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 104 | $15,730,000 | $151,250 |
$100,000 or less | 86 | $5,780,000 | $67,209 |
$200k-400k | 41 | $10,675,000 | $260,366 |
$400k-600k | 7 | $3,405,000 | $486,429 |
$600k-1000k | 1 | $645,000 | $645,000 |
Plainview's loan sizing saw the bucket of loans from $100k-200k with 104 originations, totaling $15,730,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 144 | $24,160,000 | $167,778 |
60-80% | 45 | $7,435,000 | $165,222 |
40-60% | 26 | $3,060,000 | $117,692 |
20-40% | 11 | $745,000 | $67,727 |
Under 20% | 6 | $120,000 | $20,000 |
Over 100% | 2 | $290,000 | $145,000 |
Plainview's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 144 originations, totaling $24,160,000 in origination value.