Price 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 Price averaged 6.86% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

    The average rate for the prior week (2024-11-07) was 6.57% and one month ago for the week of 2024-10-10, the average rate was 6.2%.

    Price's average rate one year ago was 7.38%.

    For refis of the same type during the week of 2024-11-14, the average rate was 7.38%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Price 30 Year Fixed Rate 2024-11-14 6.86%
    Price 30 Year Fixed Rate Refi 2024-11-14 7.38%
    Price 15 Year Fixed Rate 2024-11-14 6.09%
    Price 15 Year Fixed Rate Refi 2024-11-14 6.59%
    Price 30 Year FHA 2024-11-14 -0.04%
    Price 30 Year FHA Refi 2024-11-14 -0.2%
    Price 30 Year USDA 2024-11-14 0.2%
    Price 30 Year USDA Refi 2024-11-14 -0.1%
    Price 30 Year VA 2024-11-14 -0.2%
    Price 30 Year VA Refi 2024-11-14 -0.2%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Price, UT.

    Price 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 Price, UT 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
    Utah Power 20 5.66% $4,544
    UNITED WHOLESALE MORTGAGE, LLC 20 7.10% $5,823
    SECURITY HOME MORTGAGE, LLC. 18 6.85% $6,028
    QUICKEN LOANS, LLC 13 6.80% $6,460
    Bank of Utah 11 6.91% $5,116
    BROKER SOLUTIONS, INC. 7 6.94% $7,030
    INTERCAP LENDING INC. 6 6.92% $7,492
    MOUNTAIN AMERICA 5 6.60% $4,387
    U.S. Bank 4 6.84% $8,216
    Cache Valley Bank 3 7.00% $4,401
    FIRST COLONY MORTGAGE CORPORATION 3 6.21% $5,400
    Zions Bank 2 6.38% $2,112
    CANOPY MORTGAGE, LLC 2 6.38% $6,360
    GENEVA FINANCIAL, LLC 2 7.19% $11,030
    GUILD MORTGAGE COMPANY 2 7.12% $3,971
    LOANDEPOT.COM, LLC 2 6.18% $6,181
    PRIMARY RESIDENTIAL MORTGAGE, INC. 2 6.75% $7,026
    AMERICA FIRST 1 8.63% $8,110
    VERITAS FUNDING, LLC 1 6.62% $6,730
    CROSSCOUNTRY MORTGAGE, LLC 1 6.83% $6,347
    Wells Fargo Bank 1 7.50% $2,954
    LOANPAL, LLC 1 6.99% $7,464
    CRESCENT MORTGAGE COMPANY 1 7.13% $5,256
    M&T Bank 1 7.50% $5,579
    MY MOVE MORTGAGE, LLC 1 5.88% $4,882
    NAVY FEDERAL CREDIT UNION 1 7.63% $2,258
    PENNYMAC LOAN SERVICES, LLC 1 6.13% $11,839
    21ST MORTGAGE CORPORATION 1 8.65% $6,010
    Carrington Mortgage Services, LLC 1 5.75% $11,995
    RANLIFE, INC. 1 7.38% $4,394
    CARDINAL FINANCIAL 1 6.25% $16,488
    The Federal Savings Bank 1 6.25% $8,058
    The Loan Store, Inc. 1 7.50% $2,765
    BETTER MORTGAGE CORPORATION 1 5.38% $12,176
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.63% $3,542
    Utah Mortgage Loan Corporation 1 6.00% $7,710
    DIRECT MORTGAGE, CORP. 1 8.13% $12,740
    Eagle Bank and Trust Company 1 7.13% $5,896
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.38% $9,129
    CYPRUS Federal Credit Union 1 6.75% $2,513

    Price Average Closing Costs & Other Stats

    Price, UT's 40 lenders originated 512 loans during 2023. The total origination value was $87,660,000, with an average loan value of $171,211.

    Price's average closing costs are $5,281.

    The top Price lender as defined by loan originations is Utah Power, with 20 loans originated. Their average total fees are $4,544, which is $1,279 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Price lenders (with over 10 loans originated) are Utah Power ($4,544), Bank of Utah ($5,116), UNITED WHOLESALE MORTGAGE, LLC ($5,823), SECURITY HOME MORTGAGE, LLC. ($6,028) and QUICKEN LOANS, LLC ($6,460).

    The lowest rate Price lenders (with over 10 loans originated) are Utah Power (5.66%), QUICKEN LOANS, LLC (6.80%), SECURITY HOME MORTGAGE, LLC. (6.85%), Bank of Utah (6.91%) and UNITED WHOLESALE MORTGAGE, LLC (7.10%).

    Price, UT 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
    SECURITY HOME MORTGAGE, LLC. $2,190,000 $14,430,000 558.9% 16.5%
    Bank of Utah $10,475,000 $8,735,000 -16.6% 10.0%
    Utah Power $7,405,000 $7,590,000 2.5% 8.7%
    UNITED WHOLESALE MORTGAGE, LLC $7,370,000 $7,475,000 1.4% 8.5%
    MOUNTAIN AMERICA $11,900,000 $6,960,000 -41.5% 7.9%
    QUICKEN LOANS, LLC $6,905,000 $5,195,000 -24.8% 5.9%
    BROKER SOLUTIONS, INC. $3,355,000 $3,590,000 7.0% 4.1%
    Zions Bank $2,195,000 $3,555,000 62.0% 4.1%
    U.S. Bank $355,000 $2,365,000 566.2% 2.7%
    INTERCAP LENDING INC. $4,120,000 $2,205,000 -46.5% 2.5%
    AMERICA FIRST $1,340,000 $2,170,000 61.9% 2.5%
    Washington Federal Bank $2,290,000 $1,710,000 -25.3% 2.0%
    FIRST COLONY MORTGAGE CORPORATION $2,710,000 $1,380,000 -49.1% 1.6%
    Cache Valley Bank $1,200,000 $1,275,000 6.3% 1.5%
    CROSSCOUNTRY MORTGAGE, LLC $235,000 $1,170,000 397.9% 1.3%
    Mortgage Research Center, LLC $690,000 $920,000 33.3% 1.0%
    NEWREZ LLC $720,000 $915,000 27.1% 1.0%
    GENEVA FINANCIAL, LLC $855,000 n/a 1.0%
    NATIONS RELIABLE LENDING, LLC $770,000 n/a 0.9%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $515,000 $635,000 23.3% 0.7%
    FREEDOM MORTGAGE CORPORATION $565,000 $635,000 12.4% 0.7%
    GUILD MORTGAGE COMPANY $1,280,000 $585,000 -54.3% 0.7%
    RANLIFE, INC. $655,000 $585,000 -10.7% 0.7%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $135,000 $570,000 322.2% 0.7%
    Carrington Mortgage Services, LLC $190,000 $530,000 178.9% 0.6%
    Plains Commerce Bank $370,000 $475,000 28.4% 0.5%
    DIRECT MORTGAGE, CORP. $1,120,000 $465,000 -58.5% 0.5%
    BETTER MORTGAGE CORPORATION $460,000 n/a 0.5%
    The Federal Savings Bank $155,000 $445,000 187.1% 0.5%
    CANOPY MORTGAGE, LLC $410,000 $420,000 2.4% 0.5%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $410,000 n/a 0.5%
    CRESCENT MORTGAGE COMPANY $1,430,000 $395,000 -72.4% 0.5%
    PENNYMAC LOAN SERVICES, LLC $1,295,000 $395,000 -69.5% 0.5%
    VERITAS FUNDING, LLC $2,995,000 $370,000 -87.6% 0.4%
    Discover Bank $365,000 n/a 0.4%
    MUTUAL OF OMAHA MORTGAGE, INC. $155,000 $355,000 129.0% 0.4%
    NAVY FEDERAL CREDIT UNION $415,000 $355,000 -14.5% 0.4%
    CHARTWAY FEDERAL CREDIT UNION $105,000 $305,000 190.5% 0.3%
    CARDINAL FINANCIAL $290,000 $295,000 1.7% 0.3%
    Eagle Bank and Trust Company $295,000 n/a 0.3%
    LONGBRIDGE FINANCIAL, LLC $165,000 $295,000 78.8% 0.3%
    21ST MORTGAGE CORPORATION $260,000 n/a 0.3%
    Northpointe Bank $655,000 $255,000 -61.1% 0.3%
    LOANDEPOT.COM, LLC $1,075,000 $250,000 -76.7% 0.3%
    Network Funding, L.P. $175,000 $240,000 37.1% 0.3%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $420,000 $235,000 -44.0% 0.3%
    Mr. Cooper ( Nationstar Mortgage ) $235,000 $235,000 0.0% 0.3%
    UTAH FIRST $235,000 n/a 0.3%
    Century Mortgage Company DBA Century Lending Company $470,000 $225,000 -52.1% 0.3%
    AMERISAVE MORTGAGE CORPORATION $515,000 $220,000 -57.3% 0.3%
    Wells Fargo Bank $1,430,000 $200,000 -86.0% 0.2%
    MY MOVE MORTGAGE, LLC $205,000 $195,000 -4.9% 0.2%
    LOANPAL, LLC $610,000 $185,000 -69.7% 0.2%
    UNION HOME MORTGAGE CORP. $185,000 n/a 0.2%
    AMERICAN UNITED FAMILY OF CREDIT UN $185,000 $175,000 -5.4% 0.2%
    The Loan Store, Inc. $175,000 n/a 0.2%
    Utah Mortgage Loan Corporation $455,000 $165,000 -63.7% 0.2%
    SECURITYNATIONAL MORTGAGE COMPANY $1,215,000 $150,000 -87.7% 0.2%
    Bank of England $145,000 n/a 0.2%
    JPMorgan Chase Bank $115,000 $145,000 26.1% 0.2%
    M&T Bank $135,000 n/a 0.2%
    CYPRUS Federal Credit Union $485,000 $85,000 -82.5% 0.1%
    Flagstar Bank, FSB $85,000 n/a 0.1%
    Glacier Bank $415,000 $75,000 -81.9% 0.1%
    UTAH COMMUNITY $2,870,000 $75,000 -97.4% 0.1%
    Bank of America $165,000 $55,000 -66.7% 0.1%
    RESIDENTIAL BANCORP $55,000 n/a 0.1%
    SECURITY SERVICE $35,000 $55,000 57.1% 0.1%
    GOLDENWEST $35,000 $45,000 28.6% 0.1%
    KeyBank $935,000 $45,000 -95.2% 0.1%
    Coastal Community Bank $15,000 n/a 0.0%

    Price's top lender by overall market share is SECURITY HOME MORTGAGE, LLC., with 16.5% market share. In second place, with 10.0%, is Bank of Utah, having originated $8,735,000 in loans. In third place, with 8.7%, is Utah Power, having originated $7,590,000 in loans. In fourth place, with 8.5%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $7,475,000 in loans. In fifth place, with 7.9%, is MOUNTAIN AMERICA, having originated $6,960,000 in loans.

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

    Realtor.com - Price (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 $121,150 (1.0%) $161,044 (15.3%) 0.00 143
    2018-02-01 $124,700 (0.9%) $163,123 (9.5%) 0.00 139
    2018-03-01 $129,750 (3.9%) $162,445 (7.7%) 0.00 142
    2018-04-01 $131,250 (1.7%) $169,937 (9.3%) 0.00 134
    2018-05-01 $130,000 (6.6%) $194,503 (25.6%) 0.00 135
    2018-06-01 $129,962 (4.0%) $189,368 (24.1%) 0.00 134
    2018-07-01 $129,975 (2.9%) $188,346 (22.1%) 0.00 136
    2018-08-01 $134,875 (8.6%) $197,010 (24.3%) 0.00 132
    2018-09-01 $145,000 (20.9%) $217,727 (36.4%) 0.00 123
    2018-10-01 $141,700 (16.3%) $212,813 (30.4%) 0.00 123
    2018-11-01 $139,175 (11.3%) $213,932 (28.8%) 0.00 116
    2018-12-01 $135,000 (7.1%) $210,224 (28.5%) 0.00 116
    2019-01-01 $134,750 (11.2%) $215,834 (34.0%) 0.00 111
    2019-02-01 $135,000 (8.3%) $222,641 (36.5%) 0.00 96
    2019-03-01 $135,000 (4.1%) $224,279 (38.1%) 0.00 93
    2019-04-01 $134,975 (2.8%) $223,920 (31.8%) 0.00 93
    2019-05-01 $144,250 (11.0%) $237,766 (22.2%) 0.00 84
    2019-06-01 $150,000 (15.4%) $248,007 (31.0%) 0.00 84
    2019-07-01 $150,375 (15.7%) $232,444 (23.4%) 0.00 89
    2019-08-01 $148,591 (10.2%) $220,312 (11.8%) 0.00 90
    2019-09-01 $147,977 (2.1%) $218,292 (0.3%) 0.00 89
    2019-10-01 $147,568 (4.1%) $218,901 (2.9%) 0.00 86
    2019-11-01 $144,500 (3.8%) $214,002 (0.0%) 0.00 69
    2019-12-01 $140,750 (4.3%) $211,652 (0.7%) 0.00 65
    2020-01-01 $156,575 (16.2%) $226,706 (5.0%) 0.00 58
    2020-02-01 $162,950 (20.7%) $264,578 (18.8%) 0.00 57
    2020-03-01 $165,750 (22.8%) $280,577 (25.1%) 0.00 47
    2020-04-01 $165,113 (22.3%) $279,747 (24.9%) 0.00 50
    2020-05-01 $168,500 (16.8%) $270,869 (13.9%) 0.00 49
    2020-06-01 $151,000 (0.7%) $275,709 (11.2%) 0.00 48
    2020-07-01 $184,750 (22.9%) $295,954 (27.3%) 0.00 49
    2020-08-01 $220,000 (48.1%) $335,095 (52.1%) 0.00 41
    2020-09-01 $195,023 (31.8%) $297,892 (36.5%) 0.00 46
    2020-10-01 $147,950 (0.3%) $217,615 (-0.6%) 0.00 53
    2020-11-01 $152,000 (5.2%) $200,433 (-6.3%) 0.00 54
    2020-12-01 $141,975 (0.9%) $205,442 (-2.9%) 0.00 47
    2021-01-01 $139,900 (-10.7%) $180,461 (-20.4%) 0.00 32
    2021-02-01 $160,975 (-1.2%) $206,621 (-21.9%) 0.00 27
    2021-03-01 $200,000 (20.7%) $218,684 (-22.1%) 0.00 22
    2021-04-01 $239,995 (45.4%) $331,774 (18.6%) 0.00 20
    2021-05-01 $234,495 (39.2%) $400,760 (48.0%) 0.00 22
    2021-06-01 $222,250 (47.2%) $376,433 (36.5%) 0.00 33
    2021-07-01 $225,000 (21.8%) $360,824 (21.9%) 0.00 49
    2021-08-01 $249,723 (13.5%) $354,928 (5.9%) 0.00 52
    2021-09-01 $243,725 (25.0%) $341,988 (14.8%) 0.00 57
    2021-10-01 $225,000 (52.1%) $358,727 (64.8%) 0.00 37
    2021-11-01 $199,375 (31.2%) $256,066 (27.8%) 0.00 32
    2021-12-01 $199,375 (40.4%) $243,477 (18.5%) 0.00 20
    2022-01-01 $191,250 (36.7%) $232,720 (29.0%) 0.00 15
    2022-02-01 $354,125 (120.0%) $338,222 (63.7%) 0.00 11
    2022-03-01 $297,000 (48.5%) $326,467 (49.3%) 0.00 14
    2022-04-01 $265,000 (10.4%) $294,463 (-11.3%) 0.00 27
    2022-05-01 $264,500 (12.8%) $339,394 (-15.3%) 0.00 32
    2022-06-01 $309,900 (39.4%) $348,821 (-7.3%) 0.00 44
    2022-07-01 $385,000 (71.1%) $367,778 (1.9%) 0.00 60
    2022-08-01 $350,000 (40.2%) $341,957 (-3.7%) 0.00 58
    2022-09-01 $349,000 (43.2%) $349,634 (2.2%) 0.00 57
    2022-10-01 $325,000 (44.4%) $352,611 (-1.7%) 0.00 60
    2022-11-01 $324,900 (63.0%) $338,760 (32.3%) 0.00 68
    2022-12-01 $319,950 (60.5%) $336,337 (38.1%) 0.00 67
    2023-01-01 $340,000 (77.8%) $349,272 (50.1%) 0.00 55
    2023-02-01 $380,750 (7.5%) $348,731 (3.1%) 0.00 46
    2023-03-01 $392,500 (32.2%) $363,817 (11.4%) 0.00 47
    2023-04-01 $414,000 (56.2%) $375,741 (27.6%) 0.00 62
    2023-05-01 $424,000 (60.3%) $398,953 (17.6%) 0.00 64
    2023-06-01 $375,450 (21.2%) $412,880 (18.4%) 0.00 81
    2023-07-01 $392,000 (1.8%) $434,831 (18.2%) 0.00 81
    2023-08-01 $421,250 (20.4%) $431,569 (26.2%) 0.00 82
    2023-09-01 $375,000 (7.5%) $420,860 (20.4%) 0.00 87
    2023-10-01 $362,500 (11.5%) $449,360 (27.4%) 0.00 93
    2023-11-01 $352,500 (8.5%) $382,946 (13.0%) 0.00 92
    2023-12-01 $350,000 (9.4%) $375,358 (11.6%) 0.00 90
    2024-01-01 $358,750 (5.5%) $390,294 (11.7%) 0.00 86
    2024-02-01 $380,000 (-0.2%) $391,410 (12.2%) 0.00 83
    2024-03-01 $395,000 (0.6%) $425,122 (16.9%) 0.00 78
    2024-04-01 $360,000 (-13.0%) $409,625 (9.0%) 0.00 87
    2024-05-01 $371,250 (-12.4%) $407,836 (2.2%) 0.00 90
    2024-06-01 $365,000 (-2.8%) $407,132 (-1.4%) 0.00 100
    2024-07-01 $353,875 (-9.7%) $399,233 (-8.2%) 0.00 105
    2024-08-01 $337,200 (-20.0%) $390,446 (-9.5%) 0.00 108
    2024-09-01 $336,750 (-10.2%) $387,965 (-7.8%) 0.00 112
    2024-10-01 $327,700 (-9.6%) $392,460 (-12.7%) 0.00 115
    Price's median listing price for 2024-10-01 was $327,700, a difference of $-34,800 (-9.6%) versus the prior year and $-9,050 versus the prior month.

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

    Price's average listing price for 2024-10-01 was $392,460, a difference of $-56,900 (-12.7%) versus the prior year and $4,495 versus the prior month.

    For the 2024-10-01 period, Price had 115 MLS listings, a difference of 3 listings (3%) versus the prior month and 22 listings (24%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Price (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,862 sqft
    2018-02-01 0 days 1,954 sqft
    2018-03-01 0 days 1,936 sqft
    2018-04-01 0 days 1,918 sqft
    2018-05-01 0 days 1,950 sqft
    2018-06-01 0 days 1,898 sqft
    2018-07-01 0 days 1,898 sqft
    2018-08-01 0 days 1,976 sqft
    2018-09-01 0 days 2,100 sqft
    2018-10-01 0 days 2,062 sqft
    2018-11-01 0 days 2,042 sqft
    2018-12-01 0 days 1,984 sqft
    2019-01-01 0 days 1,999 sqft
    2019-02-01 0 days 2,015 sqft
    2019-03-01 0 days 2,023 sqft
    2019-04-01 0 days 2,002 sqft
    2019-05-01 0 days 2,037 sqft
    2019-06-01 0 days 2,112 sqft
    2019-07-01 0 days 1,973 sqft
    2019-08-01 0 days 1,973 sqft
    2019-09-01 0 days 1,973 sqft
    2019-10-01 0 days 1,995 sqft
    2019-11-01 0 days 2,016 sqft
    2019-12-01 0 days 2,101 sqft
    2020-01-01 0 days 2,112 sqft
    2020-02-01 0 days 2,162 sqft
    2020-03-01 0 days 2,225 sqft
    2020-04-01 0 days 2,060 sqft
    2020-05-01 0 days 1,989 sqft
    2020-06-01 0 days 1,933 sqft
    2020-07-01 0 days 2,129 sqft
    2020-08-01 0 days 2,248 sqft
    2020-09-01 0 days 2,284 sqft
    2020-10-01 0 days 1,725 sqft
    2020-11-01 0 days 1,717 sqft
    2020-12-01 0 days 1,670 sqft
    2021-01-01 0 days 1,574 sqft
    2021-02-01 0 days 1,671 sqft
    2021-03-01 0 days 1,694 sqft
    2021-04-01 0 days 1,860 sqft
    2021-05-01 0 days 1,836 sqft
    2021-06-01 0 days 1,729 sqft
    2021-07-01 0 days 1,904 sqft
    2021-08-01 0 days 1,944 sqft
    2021-09-01 0 days 2,008 sqft
    2021-10-01 0 days 1,904 sqft
    2021-11-01 0 days 2,005 sqft
    2021-12-01 0 days 1,877 sqft
    2022-01-01 0 days 1,846 sqft
    2022-02-01 0 days 2,109 sqft
    2022-03-01 0 days 1,951 sqft
    2022-04-01 0 days 1,712 sqft
    2022-05-01 0 days 1,827 sqft
    2022-06-01 0 days 1,842 sqft
    2022-07-01 0 days 1,659 sqft
    2022-08-01 0 days 1,659 sqft
    2022-09-01 0 days 1,658 sqft
    2022-10-01 0 days 1,659 sqft
    2022-11-01 0 days 1,737 sqft
    2022-12-01 0 days 1,678 sqft
    2023-01-01 0 days 1,680 sqft
    2023-02-01 0 days 1,658 sqft
    2023-03-01 0 days 1,658 sqft
    2023-04-01 0 days 1,753 sqft
    2023-05-01 0 days 1,940 sqft
    2023-06-01 0 days 2,167 sqft
    2023-07-01 0 days 2,200 sqft
    2023-08-01 0 days 2,424 sqft
    2023-09-01 0 days 2,080 sqft
    2023-10-01 0 days 2,055 sqft
    2023-11-01 0 days 2,016 sqft
    2023-12-01 0 days 1,960 sqft
    2024-01-01 0 days 1,971 sqft
    2024-02-01 0 days 2,085 sqft
    2024-03-01 0 days 2,112 sqft
    2024-04-01 0 days 2,111 sqft
    2024-05-01 0 days 2,100 sqft
    2024-06-01 0 days 2,138 sqft
    2024-07-01 0 days 2,053 sqft
    2024-08-01 0 days 1,977 sqft
    2024-09-01 0 days 1,980 sqft
    2024-10-01 0 days 1,988 sqft
    Price's median listing age (time on market) for 2024-10-01 was 0 days.

    Price's median square footage for active listings during the 2024-10-01 period was 1,988 sqft. One year prior, the average listing was 2,055 sqft.

    Price, UT Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 273 $58,565,000 $214,524
    Other 90 $6,680,000 $74,222
    Cash Out Refi 62 $11,080,000 $178,710
    Refi 52 $8,740,000 $168,077
    Home Improvement 35 $2,595,000 $74,143

    Price's most frequently cited loan purpose was Home Purchase, with 273 originations. The 2nd most popular reason was Other, with 90 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    7-8% 178 $27,230,000 $152,978
    6-7% 165 $32,005,000 $193,970
    5-6% 72 $15,140,000 $210,278
    Over 8% 67 $8,175,000 $122,015
    4-5% 21 $4,675,000 $222,619
    3-4% 1 $15,000 $15,000

    During 2023, Price's most frequently originated rate bucket was 7-8%, with 178 originations.

    Loan Sizing (Price, UT MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 188 $8,760,000 $46,596
    $200k-400k 150 $40,870,000 $272,467
    $100k-200k 146 $22,310,000 $152,808
    $400k-600k 21 $9,875,000 $470,238
    $600k-1000k 5 $3,575,000 $715,000
    $Over $1MM 2 $2,270,000 $1,135,000

    Price's loan sizing saw the bucket of loans from $100,000 or less with 188 originations, totaling $8,760,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 186 $45,350,000 $243,817
    Under 20% 101 $3,435,000 $34,010
    60-80% 95 $21,475,000 $226,053
    20-40% 61 $5,665,000 $92,869
    40-60% 54 $9,560,000 $177,037
    Over 100% 6 $1,500,000 $250,000

    Price's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 186 originations, totaling $45,350,000 in origination value.