Port Lavaca Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Port Lavaca averaged 6.82% for the week of 2023-06-01, compared to the national average of 6.79% for the same period.

    The average rate for the prior week (2023-05-25) was 6.3% and one month ago for the week of 2023-04-27, the average rate was 6.56%.

    Port Lavaca's average rate one year ago was 5.23%.

    For refis of the same type during the week of 2023-06-01, the average rate was 6.99%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-06-01 6.79%
    Port Lavaca 30 Year Fixed Rate 2023-06-01 6.82%
    Port Lavaca 30 Year Fixed Rate Refi 2023-06-01 6.99%
    Port Lavaca 15 Year Fixed Rate 2023-06-01 5.98%
    Port Lavaca 15 Year Fixed Rate Refi 2023-06-01 6.48%
    Port Lavaca 30 Year FHA 2023-06-01 -0.1%
    Port Lavaca 30 Year FHA Refi 2023-06-01 0%
    Port Lavaca 30 Year USDA 2023-06-01 -0.2%
    Port Lavaca 30 Year USDA Refi 2023-06-01 0.1%
    Port Lavaca 30 Year VA 2023-06-01 0.2%
    Port Lavaca 30 Year VA Refi 2023-06-01 -0.1%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Port Lavaca, TX.

    Port Lavaca 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 Port Lavaca, 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    Prosperity Bank 28 5.08% $4,034
    TEXAS DOW EMPLOYEES CREDIT UNION 25 5.55% $4,087
    QUICKEN LOANS, LLC 11 5.35% $7,481
    UNITED WHOLESALE MORTGAGE, LLC 6 5.65% $5,940
    Wells Fargo Bank 4 5.66% $4,119
    CMG MORTGAGE, INC. 4 4.59% $6,026
    AMCAP MORTGAGE, LTD. 4 4.59% $7,226
    AmeriHome Mortgage Company, LLC 3 4.92% $5,615
    LOANDEPOT.COM, LLC 3 4.04% $5,083
    CORNERSTONE HOME LENDING, INC. 3 6.42% $8,865
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 4.58% $6,646
    CALIBER HOME LOANS, INC. 3 4.08% $7,121
    CERTAINTY HOME LOANS, LLC 2 4.13% $5,482
    EUSTIS AND AMERICAN MORTGAGE COMPANY 2 5.94% $7,587
    PENNYMAC LOAN SERVICES, LLC 2 4.06% $6,103
    Gateway First Bank 2 4.50% $4,466
    AMERICAN FINANCING CORPORATION 2 5.75% $10,598
    R Bank 2 3.81% $9,362
    Nations Lending Corporation 2 5.13% $8,608
    THRIVE MORTGAGE, LLC 2 5.88% $5,585
    JPMorgan Chase Bank 2 5.94% $4,699
    Mr. Cooper ( Nationstar Mortgage ) 2 6.06% $6,565
    PNC Bank 1 3.13% $5,849
    SOFI LENDING CORP. 1 2.88% $7,196
    The Home Loan Expert LLC 1 6.38% $2,855
    UBS Bank USA 1 2.88% $8,813
    UNIVERSITY Federal Credit Union 1 7.63% $12,902
    U.S. Bank 1 5.63% $4,222
    Wallick & Volk, Inc. 1 4.13% $2,553
    WESTSTAR MORTGAGE CORPORATION 1 3.38% $3,957
    WILLOW BEND MORTGAGE COMPANY, LLC 1 6.63% $8,066
    21ST MORTGAGE CORPORATION 1 6.35% $7,462
    ZILLOW HOME LOANS, LLC 1 6.13% $9,301
    A+ Federal Credit Union 1 5.88% $3,598
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.63% $6,747
    ASPIRE FINANCIAL, INC. 1 5.50% $6,775
    BancorpSouth Bank 1 5.88% $5,741
    Bank of America 1 5.00% $8,227
    Bank of England 1 4.25% $18,698
    BAY EQUITY LLC 1 4.25% $3,839
    BETTER MORTGAGE CORPORATION 1 4.00% $5,889
    BROKER SOLUTIONS, INC. 1 4.38% $5,386
    Citizens Bank 1 5.13% $8,062
    DRAPER AND KRAMER MORTGAGE CORP. 1 5.13% $10,134
    GENEVA FINANCIAL, LLC 1 5.63% $4,050
    GUILD MORTGAGE COMPANY 1 6.38% $7,724
    HOME POINT FINANCIAL CORPORATION 1 6.38% $7,078
    International Bank of Commerce 1 5.75% $2,647
    Kwik Mortgage Corporation 1 5.63% $5,393
    LAKEVIEW LOAN SERVICING, LLC 1 4.25% $7,996
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.38% $10,948
    NATIONS RELIABLE LENDING, LLC 1 5.75% $9,650
    Network Funding, L.P. 1 5.00% $8,834
    PHH Mortgage Corporation 1 7.13% $6,622

    Port Lavaca Average Closing Costs & Other Stats

    Port Lavaca, TX's 54 lenders originated 366 loans during 2022. The total origination value was $79,600,000, with an average loan value of $217,486.

    Port Lavaca's average closing costs are $5,746.

    The top Port Lavaca lender as defined by loan originations is Prosperity Bank, with 28 loans originated. Their average total fees are $4,034, which is $53 lower than the next largest lender, TEXAS DOW EMPLOYEES CREDIT UNION.

    The lowest fee Port Lavaca lenders (with over 10 loans originated) are Prosperity Bank ($4,034), TEXAS DOW EMPLOYEES CREDIT UNION ($4,087), QUICKEN LOANS, LLC ($7,481), .

    The lowest rate Port Lavaca lenders (with over 10 loans originated) are Prosperity Bank (5.08%), QUICKEN LOANS, LLC (5.35%), TEXAS DOW EMPLOYEES CREDIT UNION (5.55%), .

    Port Lavaca, 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    First National Bank in Port Lavaca $19,890,000 $20,690,000 4.0% 26.0%
    Prosperity Bank $9,565,000 $9,450,000 -1.2% 11.9%
    TEXAS DOW EMPLOYEES CREDIT UNION $6,405,000 $4,750,000 -25.8% 6.0%
    QUICKEN LOANS, LLC $6,735,000 $4,250,000 -36.9% 5.3%
    UNITED WHOLESALE MORTGAGE, LLC $2,475,000 $2,605,000 5.3% 3.3%
    AMCAP MORTGAGE, LTD. $1,710,000 $2,525,000 47.7% 3.2%
    Wallick & Volk, Inc. $6,860,000 $2,125,000 -69.0% 2.7%
    Wells Fargo Bank $2,100,000 $1,240,000 -41.0% 1.6%
    21ST MORTGAGE CORPORATION $1,140,000 $1,130,000 -0.9% 1.4%
    UBS Bank USA $1,070,000 n/a 1.3%
    BancorpSouth Bank $605,000 $1,050,000 73.6% 1.3%
    Zions Bancorporation, N.A. $725,000 $1,005,000 38.6% 1.3%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $915,000 n/a 1.1%
    R Bank $55,000 $905,000 1,545.5% 1.1%
    AMERICAN FINANCING CORPORATION $75,000 $885,000 1,080.0% 1.1%
    JPMorgan Chase Bank $580,000 $885,000 52.6% 1.1%
    CMG MORTGAGE, INC. $1,120,000 $870,000 -22.3% 1.1%
    LOANDEPOT.COM, LLC $880,000 $825,000 -6.3% 1.0%
    CALIBER HOME LOANS, INC. $770,000 $820,000 6.5% 1.0%
    A+ Federal Credit Union $800,000 n/a 1.0%
    THRIVE MORTGAGE, LLC $270,000 $755,000 179.6% 0.9%
    CORNERSTONE HOME LENDING, INC. $735,000 n/a 0.9%
    PENNYMAC LOAN SERVICES, LLC $890,000 $710,000 -20.2% 0.9%
    First Commercial Bank $145,000 $680,000 369.0% 0.9%
    RANDOLPH-BROOKS $365,000 $680,000 86.3% 0.9%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $185,000 $675,000 264.9% 0.8%
    ZILLOW HOME LOANS, LLC $570,000 n/a 0.7%
    AmeriHome Mortgage Company, LLC $155,000 $565,000 264.5% 0.7%
    EVERETT FINANCIAL, INC. $540,000 n/a 0.7%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $795,000 $530,000 -33.3% 0.7%
    Citizens Bank $290,000 $520,000 79.3% 0.7%
    Nations Lending Corporation $460,000 n/a 0.6%
    CERTAINTY HOME LOANS, LLC $440,000 n/a 0.6%
    DRAPER AND KRAMER MORTGAGE CORP. $420,000 $430,000 2.4% 0.5%
    TrustTexas Bank, SSB $495,000 $420,000 -15.2% 0.5%
    InterBank $415,000 n/a 0.5%
    WESTSTAR MORTGAGE CORPORATION $520,000 $410,000 -21.2% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $660,000 $405,000 -38.6% 0.5%
    Mortgage Research Center, LLC $215,000 $400,000 86.0% 0.5%
    Bank of England $375,000 n/a 0.5%
    Gateway First Bank $1,170,000 $345,000 -70.5% 0.4%
    NBKC BANK $345,000 n/a 0.4%
    TRIAD FINANCIAL SERVICES, INC. $380,000 $340,000 -10.5% 0.4%
    CRESCENT MORTGAGE COMPANY $315,000 n/a 0.4%
    MUTUAL OF OMAHA MORTGAGE, INC. $125,000 $315,000 152.0% 0.4%
    UNIVERSITY Federal Credit Union $315,000 n/a 0.4%
    U.S. Bank $315,000 n/a 0.4%
    HOME POINT FINANCIAL CORPORATION $1,140,000 $310,000 -72.8% 0.4%
    NFM, INC. $295,000 n/a 0.4%
    MORTGAGE FINANCIAL SERVICES, LLC $855,000 $280,000 -67.3% 0.4%
    Network Funding, L.P. $805,000 $255,000 -68.3% 0.3%
    ASPIRE FINANCIAL, INC. $115,000 $245,000 113.0% 0.3%
    BROKER SOLUTIONS, INC. $760,000 $240,000 -68.4% 0.3%
    GUILD MORTGAGE COMPANY $560,000 $230,000 -58.9% 0.3%
    City Bank $225,000 n/a 0.3%
    GUARANTEED RATE, INC. $75,000 $225,000 200.0% 0.3%
    MOVEMENT MORTGAGE, LLC $385,000 $225,000 -41.6% 0.3%
    Carrington Mortgage Services, LLC $460,000 $220,000 -52.2% 0.3%
    LAKEVIEW LOAN SERVICING, LLC $460,000 $215,000 -53.3% 0.3%
    NEWREZ LLC $255,000 $210,000 -17.6% 0.3%
    CANOPY MORTGAGE, LLC $205,000 n/a 0.3%
    GREATER TEXAS FEDERAL CREDIT UNION $205,000 n/a 0.3%
    GUARANTEED RATE AFFINITY, LLC $165,000 $205,000 24.2% 0.3%
    SOFI LENDING CORP. $205,000 n/a 0.3%
    The American National Bank of Texas $205,000 n/a 0.3%
    Bank of America $85,000 $195,000 129.4% 0.2%
    AMERICAN ADVISORS GROUP $185,000 n/a 0.2%
    BAY EQUITY LLC $265,000 $175,000 -34.0% 0.2%
    NATIONS RELIABLE LENDING, LLC $175,000 n/a 0.2%
    WILLOW BEND MORTGAGE COMPANY, LLC $165,000 n/a 0.2%
    BETTER MORTGAGE CORPORATION $335,000 $155,000 -53.7% 0.2%
    PHH Mortgage Corporation $155,000 n/a 0.2%
    SECURITY SERVICE $310,000 $155,000 -50.0% 0.2%
    The Home Loan Expert LLC $485,000 $155,000 -68.0% 0.2%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $145,000 n/a 0.2%
    AMERISAVE MORTGAGE CORPORATION $990,000 $145,000 -85.4% 0.2%
    Hometown Lenders, Inc. $145,000 n/a 0.2%
    PNC Bank $145,000 n/a 0.2%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $620,000 $135,000 -78.2% 0.2%
    International Bank of Commerce $250,000 $130,000 -48.0% 0.2%
    Frost Bank $205,000 $125,000 -39.0% 0.2%
    ROYAL UNITED MORTGAGE LLC $135,000 $125,000 -7.4% 0.2%
    UNION HOME MORTGAGE CORP. $135,000 $125,000 -7.4% 0.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $330,000 $125,000 -62.1% 0.2%
    COUNTRYPLACE MORTGAGE, LTD. $115,000 n/a 0.1%
    Kwik Mortgage Corporation $105,000 n/a 0.1%
    LOANPAL, LLC $105,000 n/a 0.1%
    VILLAGE CAPITAL MORTGAGE $105,000 n/a 0.1%
    GENEVA FINANCIAL, LLC $85,000 n/a 0.1%
    BM Real Estate Services, Inc. $75,000 n/a 0.1%
    CREDIT HUMAN FEDERAL CREDIT UNION $75,000 n/a 0.1%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $65,000 $75,000 15.4% 0.1%

    Port Lavaca's top lender by overall market share is First National Bank in Port Lavaca, with 26.0% market share. In second place, with 11.9%, is Prosperity Bank, having originated $9,450,000 in loans. In third place, with 6.0%, is TEXAS DOW EMPLOYEES CREDIT UNION, having originated $4,750,000 in loans. In fourth place, with 5.3%, is QUICKEN LOANS, LLC, having originated $4,250,000 in loans. In fifth place, with 3.3%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $2,605,000 in loans.

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

    Realtor.com - Port Lavaca (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 $228,900 (9.6%) $305,282 (-2.6%) 0.00 138
    2018-02-01 $244,650 (13.8%) $326,422 (1.1%) 0.00 133
    2018-03-01 $249,000 (19.6%) $344,332 (9.8%) 0.00 136
    2018-04-01 $254,988 (16.0%) $344,752 (9.3%) 0.00 145
    2018-05-01 $253,000 (12.4%) $338,534 (8.6%) 0.00 160
    2018-06-01 $257,450 (14.4%) $345,837 (11.4%) 0.00 183
    2018-07-01 $261,175 (18.7%) $367,616 (18.3%) 0.00 183
    2018-08-01 $274,950 (29.7%) $379,589 (27.6%) 0.00 173
    2018-09-01 $274,950 (37.7%) $359,206 (26.5%) 0.00 165
    2018-10-01 $274,500 (40.5%) $360,695 (34.9%) 0.00 161
    2018-11-01 $278,225 (28.7%) $356,341 (27.4%) 0.00 154
    2018-12-01 $262,400 (16.6%) $331,003 (15.0%) 0.00 154
    2019-01-01 $260,000 (13.6%) $329,184 (7.8%) 0.00 143
    2019-02-01 $260,000 (6.3%) $329,274 (0.9%) 0.00 148
    2019-03-01 $263,857 (6.0%) $327,487 (-4.9%) 0.00 144
    2019-04-01 $269,450 (5.7%) $330,029 (-4.3%) 0.00 142
    2019-05-01 $257,000 (1.6%) $324,008 (-4.3%) 0.00 145
    2019-06-01 $254,000 (-1.3%) $332,031 (-4.0%) 0.00 144
    2019-07-01 $249,900 (-4.3%) $324,876 (-11.6%) 0.00 147
    2019-08-01 $249,077 (-9.4%) $332,185 (-12.5%) 0.00 144
    2019-09-01 $243,943 (-11.3%) $327,575 (-8.8%) 0.00 141
    2019-10-01 $239,950 (-12.6%) $323,300 (-10.4%) 0.00 138
    2019-11-01 $249,700 (-10.3%) $324,807 (-8.9%) 0.00 138
    2019-12-01 $236,975 (-9.7%) $318,615 (-3.7%) 0.00 133
    2020-01-01 $230,000 (-11.5%) $310,358 (-5.7%) 0.00 124
    2020-02-01 $244,450 (-6.0%) $346,672 (5.3%) 0.00 112
    2020-03-01 $257,950 (-2.2%) $357,579 (9.2%) 0.00 120
    2020-04-01 $270,725 (0.5%) $361,911 (9.7%) 0.00 119
    2020-05-01 $269,900 (5.0%) $367,354 (13.4%) 0.00 116
    2020-06-01 $251,250 (-1.1%) $358,619 (8.0%) 0.00 114
    2020-07-01 $251,250 (0.5%) $405,260 (24.7%) 0.00 109
    2020-08-01 $249,900 (0.3%) $394,063 (18.6%) 0.00 97
    2020-09-01 $249,950 (2.5%) $413,222 (26.2%) 0.00 87
    2020-10-01 $262,500 (9.4%) $407,386 (26.0%) 0.00 82
    2020-11-01 $261,250 (4.6%) $425,137 (30.9%) 0.00 82
    2020-12-01 $249,000 (5.1%) $402,257 (26.3%) 0.00 83
    2021-01-01 $249,950 (8.7%) $423,796 (36.6%) 0.00 77
    2021-02-01 $245,000 (0.2%) $418,483 (20.7%) 0.00 71
    2021-03-01 $279,750 (8.5%) $454,208 (27.0%) 0.00 69
    2021-04-01 $253,750 (-6.3%) $427,033 (18.0%) 0.00 65
    2021-05-01 $274,900 (1.9%) $423,269 (15.2%) 0.00 65
    2021-06-01 $283,600 (12.9%) $463,951 (29.4%) 0.00 65
    2021-07-01 $292,450 (16.4%) $389,617 (-3.9%) 0.00 57
    2021-08-01 $286,175 (14.5%) $354,719 (-10.0%) 0.00 56
    2021-09-01 $287,000 (14.8%) $359,836 (-12.9%) 0.00 64
    2021-10-01 $280,500 (6.9%) $346,663 (-14.9%) 0.00 67
    2021-11-01 $251,200 (-3.9%) $329,559 (-22.5%) 0.00 65
    2021-12-01 $236,225 (-5.1%) $313,247 (-22.1%) 0.00 68
    2022-01-01 $257,450 (3.0%) $312,536 (-26.3%) 0.00 61
    2022-02-01 $229,000 (-6.5%) $270,238 (-35.4%) 0.00 53
    2022-03-01 $250,750 (-10.4%) $330,159 (-27.3%) 0.00 56
    2022-04-01 $294,450 (16.0%) $365,639 (-14.4%) 0.00 58
    2022-05-01 $289,000 (5.1%) $360,649 (-14.8%) 0.00 57
    2022-06-01 $290,500 (2.4%) $354,613 (-23.6%) 0.00 61
    2022-07-01 $319,000 (9.1%) $422,905 (8.5%) 0.00 69
    2022-08-01 $312,000 (9.0%) $415,591 (17.2%) 0.00 70
    2022-09-01 $277,450 (-3.3%) $403,661 (12.2%) 0.00 86
    2022-10-01 $298,500 (6.4%) $423,272 (22.1%) 0.00 81
    2022-11-01 $327,000 (30.2%) $453,790 (37.7%) 0.00 79
    2022-12-01 $317,000 (34.2%) $450,582 (43.8%) 0.00 80
    2023-01-01 $308,750 (19.9%) $450,499 (44.1%) 0.00 82
    2023-02-01 $299,000 (30.6%) $433,191 (60.3%) 0.00 82
    2023-03-01 $307,500 (22.6%) $430,712 (30.5%) 0.00 83
    2023-04-01 $299,000 (1.6%) $402,131 (10.0%) 0.00 93
    2023-05-01 $304,975 (5.5%) $415,212 (15.1%) 0.00 96
    Port Lavaca's median listing price for 2023-05-01 was $304,975, a difference of $15,975 (5.5%) versus the prior year and $5,975 versus the prior month.

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

    Port Lavaca's average listing price for 2023-05-01 was $415,212, a difference of $54,563 (15.1%) versus the prior year and $13,081 versus the prior month.

    For the 2023-05-01 period, Port Lavaca had 96 MLS listings, a difference of 3 listings (3%) versus the prior month and 39 listings (68%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Port Lavaca (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,601 sqft
    2018-02-01 0 days 1,679 sqft
    2018-03-01 0 days 1,736 sqft
    2018-04-01 0 days 1,768 sqft
    2018-05-01 0 days 1,718 sqft
    2018-06-01 0 days 1,793 sqft
    2018-07-01 0 days 1,789 sqft
    2018-08-01 0 days 1,809 sqft
    2018-09-01 0 days 1,800 sqft
    2018-10-01 0 days 1,793 sqft
    2018-11-01 0 days 1,807 sqft
    2018-12-01 0 days 1,700 sqft
    2019-01-01 0 days 1,699 sqft
    2019-02-01 0 days 1,698 sqft
    2019-03-01 0 days 1,673 sqft
    2019-04-01 0 days 1,644 sqft
    2019-05-01 0 days 1,621 sqft
    2019-06-01 0 days 1,583 sqft
    2019-07-01 0 days 1,577 sqft
    2019-08-01 0 days 1,576 sqft
    2019-09-01 0 days 1,563 sqft
    2019-10-01 0 days 1,534 sqft
    2019-11-01 0 days 1,565 sqft
    2019-12-01 0 days 1,543 sqft
    2020-01-01 0 days 1,549 sqft
    2020-02-01 0 days 1,620 sqft
    2020-03-01 0 days 1,780 sqft
    2020-04-01 0 days 1,796 sqft
    2020-05-01 0 days 1,854 sqft
    2020-06-01 0 days 1,800 sqft
    2020-07-01 0 days 1,773 sqft
    2020-08-01 0 days 1,800 sqft
    2020-09-01 0 days 1,729 sqft
    2020-10-01 0 days 1,649 sqft
    2020-11-01 0 days 1,667 sqft
    2020-12-01 0 days 1,639 sqft
    2021-01-01 0 days 1,792 sqft
    2021-02-01 0 days 1,796 sqft
    2021-03-01 0 days 1,722 sqft
    2021-04-01 0 days 1,496 sqft
    2021-05-01 0 days 1,600 sqft
    2021-06-01 0 days 1,787 sqft
    2021-07-01 0 days 1,712 sqft
    2021-08-01 0 days 1,737 sqft
    2021-09-01 0 days 1,593 sqft
    2021-10-01 0 days 1,600 sqft
    2021-11-01 0 days 1,438 sqft
    2021-12-01 0 days 1,453 sqft
    2022-01-01 0 days 1,528 sqft
    2022-02-01 0 days 1,581 sqft
    2022-03-01 0 days 1,631 sqft
    2022-04-01 0 days 1,628 sqft
    2022-05-01 0 days 1,748 sqft
    2022-06-01 0 days 1,714 sqft
    2022-07-01 0 days 1,620 sqft
    2022-08-01 0 days 1,631 sqft
    2022-09-01 0 days 1,611 sqft
    2022-10-01 0 days 1,620 sqft
    2022-11-01 0 days 1,650 sqft
    2022-12-01 0 days 1,729 sqft
    2023-01-01 0 days 1,730 sqft
    2023-02-01 0 days 1,739 sqft
    2023-03-01 0 days 1,746 sqft
    2023-04-01 0 days 1,642 sqft
    2023-05-01 0 days 1,633 sqft
    Port Lavaca's median listing age (time on market) for 2023-05-01 was 0 days.

    Port Lavaca's median square footage for active listings during the 2023-05-01 period was 1,633 sqft. One year prior, the average listing was 1,748 sqft.

    Port Lavaca, TX Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 264 $61,070,000 $231,326
    Cash Out Refi 48 $8,440,000 $175,833
    Refi 37 $7,525,000 $203,378
    Other 9 $1,555,000 $172,778
    Home Improvement 8 $1,010,000 $126,250

    Port Lavaca's most frequently cited loan purpose was Home Purchase, with 264 originations. The 2nd most popular reason was Cash Out Refi, with 48 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    4-5% 77 $16,545,000 $214,870
    5-6% 67 $12,915,000 $192,761
    3-4% 50 $11,260,000 $225,200
    6-7% 41 $8,895,000 $216,951
    7-8% 15 $2,515,000 $167,667
    2.5-3% 15 $4,015,000 $267,667
    Over 8% 6 $650,000 $108,333
    <2.5% 3 $1,015,000 $338,333

    During 2022, Port Lavaca's most frequently originated rate bucket was 4-5%, with 77 originations.

    Loan Sizing (Port Lavaca, TX MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 154 $22,910,000 $148,766
    $200k-400k 125 $34,355,000 $274,840
    $100,000 or less 57 $4,195,000 $73,596
    $400k-600k 18 $8,440,000 $468,889
    $600k-1000k 10 $7,430,000 $743,000
    $Over $1MM 2 $2,270,000 $1,135,000

    Port Lavaca's loan sizing saw the bucket of loans from $100k-200k with 154 originations, totaling $22,910,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 155 $33,165,000 $213,968
    60-80% 80 $18,700,000 $233,750
    40-60% 21 $3,555,000 $169,286
    20-40% 10 $1,220,000 $122,000
    Over 100% 5 $885,000 $177,000
    Under 20% 2 $160,000 $80,000

    Port Lavaca's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 155 originations, totaling $33,165,000 in origination value.