Port Lavaca Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Port Lavaca averaged 7.1% for the week of 2022-11-23, compared to the national average of 6.58% for the same period.

    The average rate for the prior week (2022-11-17) was 7.03% and one month ago for the week of 2022-10-20, the average rate was 7.46%.

    Port Lavaca's average rate one year ago was 3.6%.

    For refis of the same type during the week of 2022-11-23, the average rate was 6.78%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2022-11-23 6.58%
    Port Lavaca 30 Year Fixed Rate 2022-11-23 7.1%
    Port Lavaca 30 Year Fixed Rate Refi 2022-11-23 6.78%
    Port Lavaca 15 Year Fixed Rate 2022-11-23 6.56%
    Port Lavaca 15 Year Fixed Rate Refi 2022-11-23 6.19%
    Port Lavaca 30 Year FHA 2022-11-23 0.05%
    Port Lavaca 30 Year FHA Refi 2022-11-23 0.4%
    Port Lavaca 30 Year USDA 2022-11-23 0.01%
    Port Lavaca 30 Year VA 2022-11-23 0.63%
    Port Lavaca 30 Year VA Refi 2022-11-23 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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    TEXAS DOW EMPLOYEES CREDIT UNION 25 3.74% $4,909
    QUICKEN LOANS, LLC 16 3.17% $3,957
    Wallick & Volk, Inc. 12 3.21% $5,229
    Prosperity Bank 7 3.30% $3,552
    UNITED WHOLESALE MORTGAGE, LLC 5 3.11% $3,232
    Wells Fargo Bank 4 3.13% $3,932
    AMERISAVE MORTGAGE CORPORATION 4 3.22% $6,132
    Network Funding, L.P. 3 3.38% $4,608
    AMCAP MORTGAGE, LTD. 3 3.46% $7,819
    LOANDEPOT.COM, LLC 3 2.96% $4,782
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3 3.54% $8,109
    SECURITY SERVICE 2 2.88% $3,775
    JPMorgan Chase Bank 2 3.12% $5,087
    THRIVE MORTGAGE, LLC 2 3.13% $6,365
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 3.93% $4,800
    Gateway First Bank 2 3.13% $3,068
    Citizens Bank 2 3.00% $4,567
    HOMETRUST MORTGAGE COMPANY 2 3.56% $3,929
    GUILD MORTGAGE COMPANY 2 3.38% $5,847
    Midwest Mortgage Associates Corporation 1 3.00% $4,745
    MORTGAGE FINANCIAL SERVICES, LLC 1 2.88% $6,608
    MOVEMENT MORTGAGE, LLC 1 2.99% $8,317
    NAVY FEDERAL CREDIT UNION 1 3.25% $2,052
    PENNYMAC LOAN SERVICES, LLC 1 3.38% $16,686
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.50% $6,064
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 3.25% $4,611
    Republic State Mortgage Co. 1 2.75% $9,437
    ROYAL UNITED MORTGAGE LLC 1 3.25% $8,508
    SENTE MORTGAGE, INC. 1 3.13% $6,673
    SWBC MORTGAGE CORPORATION 1 3.63% $5,839
    The Home Loan Expert LLC 1 3.50% $5,044
    Truist 1 3.30% $3,247
    A&D Mortgage LLC 1 3.63% $4,913
    Zions Bancorporation, N.A. 1 2.38% $8,425
    AMERICAN FINANCIAL RESOURCES, INC. 1 3.38% $3,801
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 3.25% $5,409
    AMERICA'S CHOICE HOME LOANS LP 1 3.13% $4,550
    BETTER MORTGAGE CORPORATION 1 2.25% $7,574
    CALIBER HOME LOANS, INC. 1 2.99% $2,527
    Carrington Mortgage Services, LLC 1 3.25% $6,358
    CMG MORTGAGE, INC. 1 2.88% $6,595
    CROSSCOUNTRY MORTGAGE, LLC 1 4.13% $5,819
    First Bank 1 3.50% $4,552
    FIRST CENTENNIAL MORTGAGE CORPORATION 1 3.50% $3,888
    Flagstar Bank, FSB 1 2.88% $4,302
    FREEDOM MORTGAGE CORPORATION 1 3.25% $6,311
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 3.88% $3,597
    HOME POINT FINANCIAL CORPORATION 1 3.50% $3,467
    HOMESIDE FINANCIAL, LLC 1 3.13% $2,383
    International Bank of Commerce 1 3.63% $4,058
    INTERNATIONAL CITY MORTGAGE, INC. 1 3.50% $5,903
    Jefferson Bank 1 2.88% $11,196

    Port Lavaca Average Closing Costs & Other Stats

    Port Lavaca, TX's 52 lenders originated 459 loans during 2021. The total origination value was $93,475,000, with an average loan value of $203,649.

    Port Lavaca's average closing costs are $5,452.

    The top Port Lavaca lender as defined by loan originations is TEXAS DOW EMPLOYEES CREDIT UNION, with 25 loans originated. Their average total fees are $4,909, which is $951 higher than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Port Lavaca lenders (with over 10 loans originated) are QUICKEN LOANS, LLC ($3,957), TEXAS DOW EMPLOYEES CREDIT UNION ($4,909), Wallick & Volk, Inc. ($5,229), .

    The lowest rate Port Lavaca lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (3.17%), Wallick & Volk, Inc. (3.21%), TEXAS DOW EMPLOYEES CREDIT UNION (3.74%), .

    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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
    First National Bank in Port Lavaca $14,855,000 $19,890,000 33.9% 21.3%
    Prosperity Bank $4,910,000 $9,565,000 94.8% 10.2%
    Wallick & Volk, Inc. $8,835,000 $6,860,000 -22.4% 7.3%
    QUICKEN LOANS, LLC $5,335,000 $6,735,000 26.2% 7.2%
    TEXAS DOW EMPLOYEES CREDIT UNION $7,445,000 $6,405,000 -14.0% 6.9%
    UNITED WHOLESALE MORTGAGE, LLC $2,145,000 $2,475,000 15.4% 2.6%
    Wells Fargo Bank $2,355,000 $2,100,000 -10.8% 2.2%
    AMCAP MORTGAGE, LTD. $1,175,000 $1,710,000 45.5% 1.8%
    FREEDOM MORTGAGE CORPORATION $945,000 $1,705,000 80.4% 1.8%
    Broadway National Bank $1,540,000 n/a 1.6%
    Gateway First Bank $65,000 $1,170,000 1,700.0% 1.3%
    21ST MORTGAGE CORPORATION $695,000 $1,140,000 64.0% 1.2%
    HOME POINT FINANCIAL CORPORATION $1,475,000 $1,140,000 -22.7% 1.2%
    CMG MORTGAGE, INC. $1,120,000 n/a 1.2%
    AMERISAVE MORTGAGE CORPORATION $125,000 $990,000 692.0% 1.1%
    First Community Bank $580,000 $915,000 57.8% 1.0%
    PENNYMAC LOAN SERVICES, LLC $85,000 $890,000 947.1% 1.0%
    LOANDEPOT.COM, LLC $780,000 $880,000 12.8% 0.9%
    MORTGAGE FINANCIAL SERVICES, LLC $215,000 $855,000 297.7% 0.9%
    Network Funding, L.P. $530,000 $805,000 51.9% 0.9%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $290,000 $795,000 174.1% 0.9%
    VeraBank $795,000 n/a 0.9%
    CALIBER HOME LOANS, INC. $430,000 $770,000 79.1% 0.8%
    BROKER SOLUTIONS, INC. $760,000 n/a 0.8%
    Zions Bancorporation, N.A. $725,000 n/a 0.8%
    Jefferson Bank $705,000 n/a 0.8%
    UNITED BUILT HOMES, L.L.C. $680,000 n/a 0.7%
    Mr. Cooper ( Nationstar Mortgage ) $650,000 $660,000 1.5% 0.7%
    Goldwater Bank, N.A. $1,685,000 $645,000 -61.7% 0.7%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $620,000 n/a 0.7%
    BancorpSouth Bank $605,000 n/a 0.6%
    JPMorgan Chase Bank $380,000 $580,000 52.6% 0.6%
    GUILD MORTGAGE COMPANY $900,000 $560,000 -37.8% 0.6%
    WESTSTAR MORTGAGE CORPORATION $1,070,000 $520,000 -51.4% 0.6%
    TrustTexas Bank, SSB $495,000 n/a 0.5%
    The Home Loan Expert LLC $485,000 n/a 0.5%
    Carrington Mortgage Services, LLC $380,000 $460,000 21.1% 0.5%
    LAKEVIEW LOAN SERVICING, LLC $215,000 $460,000 114.0% 0.5%
    DRAPER AND KRAMER MORTGAGE CORP. $420,000 n/a 0.4%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $410,000 n/a 0.4%
    MOVEMENT MORTGAGE, LLC $385,000 n/a 0.4%
    TRIAD FINANCIAL SERVICES, INC. $95,000 $380,000 300.0% 0.4%
    RANDOLPH-BROOKS $475,000 $365,000 -23.2% 0.4%
    Republic State Mortgage Co. $345,000 n/a 0.4%
    BETTER MORTGAGE CORPORATION $335,000 n/a 0.4%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $155,000 $335,000 116.1% 0.4%
    VANDERBILT MORTGAGE AND FINANCE, INC. $355,000 $330,000 -7.0% 0.4%
    HOMESIDE FINANCIAL, LLC $315,000 n/a 0.3%
    SECURITY SERVICE $550,000 $310,000 -43.6% 0.3%
    SFMC, LP $305,000 n/a 0.3%
    Citizens Bank $245,000 $290,000 18.4% 0.3%
    First Guaranty Mortgage Corporation $125,000 $275,000 120.0% 0.3%
    THRIVE MORTGAGE, LLC $270,000 n/a 0.3%
    BAY EQUITY LLC $280,000 $265,000 -5.4% 0.3%
    Flagstar Bank, FSB $175,000 $265,000 51.4% 0.3%
    SENTE MORTGAGE, INC. $205,000 $265,000 29.3% 0.3%
    The First National Bank of Granbury $265,000 n/a 0.3%
    AMERICA'S CHOICE HOME LOANS LP $475,000 $255,000 -46.3% 0.3%
    NEWREZ LLC $450,000 $255,000 -43.3% 0.3%
    PROVIDENT FUNDING ASSOCIATES, L.P. $255,000 n/a 0.3%
    International Bank of Commerce $640,000 $250,000 -60.9% 0.3%
    INTERNATIONAL CITY MORTGAGE, INC. $245,000 n/a 0.3%
    Midwest Mortgage Associates Corporation $245,000 n/a 0.3%
    SWBC MORTGAGE CORPORATION $515,000 $225,000 -56.3% 0.2%
    First Bank $215,000 n/a 0.2%
    Mortgage Research Center, LLC $615,000 $215,000 -65.0% 0.2%
    HOMETRUST MORTGAGE COMPANY $210,000 n/a 0.2%
    Frost Bank $105,000 $205,000 95.2% 0.2%
    InterContinental Capital Group, Inc $205,000 n/a 0.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $345,000 $185,000 -46.4% 0.2%
    SOUTHWEST STAGE FUNDING, LLC $105,000 $180,000 71.4% 0.2%
    FIRST CENTENNIAL MORTGAGE CORPORATION $175,000 n/a 0.2%
    CROSSCOUNTRY MORTGAGE, LLC $185,000 $165,000 -10.8% 0.2%
    GUARANTEED RATE AFFINITY, LLC $165,000 n/a 0.2%
    MID AMERICA MORTGAGE, INC. $605,000 $165,000 -72.7% 0.2%
    SouthStar Bank, S.S.B. $165,000 n/a 0.2%
    AMERICAN PACIFIC MORTGAGE CORPORATION $425,000 $155,000 -63.5% 0.2%
    AmeriHome Mortgage Company, LLC $350,000 $155,000 -55.7% 0.2%
    AMWEST FUNDING CORP. $155,000 n/a 0.2%
    First Financial Bank $155,000 n/a 0.2%
    S1L, Inc. $155,000 n/a 0.2%
    Truist Bank $155,000 n/a 0.2%
    First Commercial Bank $35,000 $145,000 314.3% 0.2%
    NAVY FEDERAL CREDIT UNION $95,000 $145,000 52.6% 0.2%
    NEW DAY FINANCIAL, LLC $135,000 n/a 0.1%
    ROYAL UNITED MORTGAGE LLC $85,000 $135,000 58.8% 0.1%
    UNION HOME MORTGAGE CORP. $135,000 n/a 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $125,000 n/a 0.1%
    First National Bank Texas $125,000 n/a 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $125,000 n/a 0.1%
    REVERSE MORTGAGE FUNDING LLC $125,000 n/a 0.1%
    A&D Mortgage LLC $115,000 n/a 0.1%
    ASPIRE FINANCIAL, INC. $115,000 n/a 0.1%
    RESIDENTIAL BANCORP. $105,000 n/a 0.1%
    SECURITYNATIONAL MORTGAGE COMPANY $95,000 n/a 0.1%
    Bank of America $1,635,000 $85,000 -94.8% 0.1%
    CSL Financial, LLC $85,000 n/a 0.1%
    Security State Bank & Trust $85,000 n/a 0.1%
    AMERICAN FINANCING CORPORATION $75,000 n/a 0.1%
    GUARANTEED RATE, INC. $305,000 $75,000 -75.4% 0.1%
    Regions Bank $505,000 $75,000 -85.1% 0.1%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $155,000 $65,000 -58.1% 0.1%
    R Bank $55,000 n/a 0.1%

    Port Lavaca's top lender by overall market share is First National Bank in Port Lavaca, with 21.3% market share. In second place, with 10.2%, is Prosperity Bank, having originated $9,565,000 in loans. In third place, with 7.3%, is Wallick & Volk, Inc., having originated $6,860,000 in loans. In fourth place, with 7.2%, is QUICKEN LOANS, LLC, having originated $6,735,000 in loans. In fifth place, with 6.9%, is TEXAS DOW EMPLOYEES CREDIT UNION, having originated $6,405,000 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 $302,000 (20.9%) $360,182 (-8.6%) 0.00 55
    2021-09-01 $291,750 (16.7%) $366,721 (-11.3%) 0.00 62
    2021-10-01 $289,900 (10.4%) $352,508 (-13.5%) 0.00 65
    2021-11-01 $265,000 (1.4%) $333,682 (-21.5%) 0.00 64
    2021-12-01 $243,700 (-2.1%) $318,779 (-20.8%) 0.00 66
    2022-01-01 $268,750 (7.5%) $319,146 (-24.7%) 0.00 59
    2022-02-01 $232,000 (-5.3%) $273,298 (-34.7%) 0.00 51
    2022-03-01 $254,250 (-9.1%) $331,815 (-27.0%) 0.00 56
    2022-04-01 $297,000 (17.0%) $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 (3.3%) $415,591 (15.4%) 0.00 70
    2022-09-01 $277,450 (-4.9%) $403,661 (10.1%) 0.00 86
    2022-10-01 $298,500 (3.0%) $423,272 (20.1%) 0.00 81
    Port Lavaca's median listing price for 2022-10-01 was $298,500, a difference of $8,600 (3.0%) versus the prior year and $21,050 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 2022-10-01 was $423,272, a difference of $70,764 (20.1%) versus the prior year and $19,611 versus the prior month.

    For the 2022-10-01 period, Port Lavaca had 81 MLS listings, a difference of -5 listings (-6%) versus the prior month and 16 listings (25%) 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 1,697 sqft
    2019-03-01 0 days 1,672 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 1,764 sqft
    2021-09-01 0 days 1,680 sqft
    2021-10-01 0 days 1,610 sqft
    2021-11-01 0 days 1,447 sqft
    2021-12-01 0 days 1,465 sqft
    2022-01-01 0 days 1,591 sqft
    2022-02-01 0 days 1,591 sqft
    2022-03-01 0 days 1,636 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
    Port Lavaca's median listing age (time on market) for 2022-10-01 was 0 days.

    Port Lavaca's median square footage for active listings during the 2022-10-01 period was 1,620 sqft. One year prior, the average listing was 1,610 sqft.

    Port Lavaca, TX Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 273 $58,345,000 $213,718
    Refi 122 $24,150,000 $197,951
    Cash Out Refi 48 $9,220,000 $192,083
    Home Improvement 10 $1,220,000 $122,000
    Other 6 $540,000 $90,000

    Port Lavaca's most frequently cited loan purpose was Home Purchase, with 273 originations. The 2nd most popular reason was Refi, with 122 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 161 $33,305,000 $206,863
    2.5-3% 88 $18,460,000 $209,773
    <2.5% 58 $12,830,000 $221,207
    4-5% 17 $2,635,000 $155,000
    Over 8% 11 $1,655,000 $150,455
    6-7% 5 $495,000 $99,000
    7-8% 4 $320,000 $80,000
    5-6% 3 $275,000 $91,667

    During 2021, Port Lavaca's most frequently originated rate bucket was 3-4%, with 161 originations.

    Loan Sizing (Port Lavaca, TX MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 193 $28,665,000 $148,523
    $200k-400k 156 $42,410,000 $271,859
    $100,000 or less 82 $6,260,000 $76,341
    $400k-600k 20 $9,480,000 $474,000
    $600k-1000k 6 $4,240,000 $706,667
    $Over $1MM 2 $2,420,000 $1,210,000

    Port Lavaca's loan sizing saw the bucket of loans from $100k-200k with 193 originations, totaling $28,665,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 169 $34,995,000 $207,071
    60-80% 115 $24,495,000 $213,000
    40-60% 36 $5,870,000 $163,056
    20-40% 6 $630,000 $105,000
    Over 100% 5 $1,285,000 $257,000
    Under 20% 2 $170,000 $85,000

    Port Lavaca's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 169 originations, totaling $34,995,000 in origination value.