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 6.7% 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 6.73% and one month ago for the week of 2023-02-09, the average rate was 6.22%.

    Price's average rate one year ago was 3.63%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.75%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Price 30 Year Fixed Rate 2023-03-16 6.7%
    Price 30 Year Fixed Rate Refi 2023-03-16 6.75%
    Price 15 Year Fixed Rate 2023-03-16 6.38%
    Price 15 Year Fixed Rate Refi 2023-03-16 6.42%
    Price 30 Year FHA 2023-03-16 6.42%
    Price 30 Year FHA Refi 2023-03-16 6.37%
    Price 30 Year USDA 2023-03-16 6.26%
    Price 30 Year USDA Refi 2023-03-16 6.19%
    Price 30 Year VA 2023-03-16 6.4%
    Price 30 Year VA Refi 2023-03-16 5.62%
    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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    Bank of Utah 20 5.25% $5,276
    QUICKEN LOANS, LLC 19 4.59% $6,612
    UNITED WHOLESALE MORTGAGE, LLC 19 4.71% $4,905
    Paramount Residential Mortgage Group, Inc. 13 4.89% $5,167
    INTERCAP LENDING INC. 12 4.97% $5,502
    Utah Power 10 5.19% $3,586
    MOUNTAIN AMERICA 9 4.71% $4,998
    FIRST COLONY MORTGAGE CORPORATION 8 4.48% $6,172
    VERITAS FUNDING, LLC 8 5.25% $5,328
    BROKER SOLUTIONS, INC. 7 6.57% $7,374
    Wells Fargo Bank 6 4.81% $3,689
    CRESCENT MORTGAGE COMPANY 4 3.44% $5,360
    GUILD MORTGAGE COMPANY 3 4.25% $3,588
    CITY FIRST MORTGAGE SERVICES, L.L.C. 3 4.38% $4,025
    Cache Valley Bank 3 5.71% $5,010
    AMERICA FIRST 3 4.29% $3,588
    Washington Federal Bank 3 3.92% $4,455
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 3.56% $3,695
    LOANDEPOT.COM, LLC 2 5.88% $11,520
    SECURITY HOME MORTGAGE, LLC. 2 4.31% $5,025
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 5.94% $3,493
    CYPRUS Federal Credit Union 2 4.93% $4,333
    CASTLE & COOKE MORTGAGE, LLC 2 6.25% $5,432
    HOME POINT FINANCIAL CORPORATION 2 4.62% $2,425
    AMERISAVE MORTGAGE CORPORATION 2 3.88% $5,901
    The Federal Savings Bank 1 5.63% $7,078
    University First Federal Credit Union 1 4.75% $2,965
    U.S. Bank 1 6.00% $3,416
    UTAH COMMUNITY 1 5.13% $5,229
    Utah Mortgage Loan Corporation 1 6.00% $8,593
    ACADEMY MORTGAGE CORPORATION 1 5.75% $8,219
    Zions Bancorporation, N.A. 1 5.63% $5,190
    AMERICAN UNITED FAMILY OF CREDIT UN 1 3.82% $3,737
    Bank of America 1 4.00% $3,637
    BAY EQUITY LLC 1 4.63% $3,753
    CALIBER HOME LOANS, INC. 1 7.00% $7,294
    CANOPY MORTGAGE, LLC 1 3.13% $10,200
    CHARTWAY FEDERAL CREDIT UNION 1 4.00% $2,889
    CITYWIDE HOME LOANS, LLC 1 5.85% $6,405
    DIRECT MORTGAGE, CORP. 1 5.13% $4,984
    FREEDOM MORTGAGE CORPORATION 1 4.75% $6,218
    GUARANTEED RATE, INC. 1 3.85% $4,877
    JPMorgan Chase Bank 1 7.49% $4,126
    KeyBank 1 4.63% $3,561
    Mr. Cooper ( Nationstar Mortgage ) 1 5.99% $9,848
    MY MOVE MORTGAGE, LLC 1 3.88% $4,482
    Network Funding, L.P. 1 3.25% $5,973
    Northpointe Bank 1 3.38% $4,084
    PANORAMA MORTGAGE GROUP, LLC 1 5.50% $6,892
    PHH Mortgage Corporation 1 3.88% $5,670
    Plains Commerce Bank 1 6.00% $3,629
    PLAZA HOME MORTGAGE, INC. 1 7.13% $11,381
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.50% $4,739
    RANLIFE, INC. 1 4.25% $3,540
    SECURITYNATIONAL MORTGAGE COMPANY 1 4.25% $4,184
    SUN AMERICAN MORTGAGE COMPANY 1 7.50% $3,435

    Price Average Closing Costs & Other Stats

    Price, UT's 56 lenders originated 636 loans during 2022. The total origination value was $110,930,000, with an average loan value of $174,418.

    Price's average closing costs are $4,971.

    The top Price lender as defined by loan originations is Bank of Utah, with 20 loans originated. Their average total fees are $5,276, which is $1,336 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Price lenders (with over 10 loans originated) are Utah Power ($3,586), UNITED WHOLESALE MORTGAGE, LLC ($4,905), Paramount Residential Mortgage Group, Inc. ($5,167), Bank of Utah ($5,276) and INTERCAP LENDING INC. ($5,502).

    The lowest rate Price lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (4.59%), UNITED WHOLESALE MORTGAGE, LLC (4.71%), Paramount Residential Mortgage Group, Inc. (4.89%), INTERCAP LENDING INC. (4.97%) and Utah Power (5.19%).

    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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    MOUNTAIN AMERICA $8,570,000 $11,900,000 38.9% 10.7%
    Bank of Utah $18,485,000 $10,475,000 -43.3% 9.4%
    Paramount Residential Mortgage Group, Inc. $2,105,000 $8,340,000 296.2% 7.5%
    Utah Power $11,025,000 $7,405,000 -32.8% 6.7%
    UNITED WHOLESALE MORTGAGE, LLC $16,345,000 $7,370,000 -54.9% 6.6%
    QUICKEN LOANS, LLC $13,085,000 $6,905,000 -47.2% 6.2%
    INTERCAP LENDING INC. $5,170,000 $4,120,000 -20.3% 3.7%
    BROKER SOLUTIONS, INC. $4,855,000 $3,355,000 -30.9% 3.0%
    VERITAS FUNDING, LLC $5,200,000 $2,995,000 -42.4% 2.7%
    UTAH COMMUNITY $1,435,000 $2,870,000 100.0% 2.6%
    FIRST COLONY MORTGAGE CORPORATION $2,735,000 $2,710,000 -0.9% 2.4%
    Washington Federal Bank $2,020,000 $2,290,000 13.4% 2.1%
    Zions Bancorporation, N.A. $2,305,000 $2,195,000 -4.8% 2.0%
    SECURITY HOME MORTGAGE, LLC. $1,255,000 $2,190,000 74.5% 2.0%
    CALIBER HOME LOANS, INC. $1,465,000 $1,725,000 17.7% 1.6%
    CRESCENT MORTGAGE COMPANY $3,115,000 $1,430,000 -54.1% 1.3%
    Wells Fargo Bank $2,780,000 $1,430,000 -48.6% 1.3%
    AMERICA FIRST $2,930,000 $1,340,000 -54.3% 1.2%
    PENNYMAC LOAN SERVICES, LLC $2,915,000 $1,295,000 -55.6% 1.2%
    GUILD MORTGAGE COMPANY $4,220,000 $1,280,000 -69.7% 1.2%
    SECURITYNATIONAL MORTGAGE COMPANY $1,890,000 $1,215,000 -35.7% 1.1%
    Cache Valley Bank $1,015,000 $1,200,000 18.2% 1.1%
    ACADEMY MORTGAGE CORPORATION $1,225,000 $1,135,000 -7.3% 1.0%
    DIRECT MORTGAGE, CORP. $995,000 $1,120,000 12.6% 1.0%
    HOME POINT FINANCIAL CORPORATION $2,435,000 $1,110,000 -54.4% 1.0%
    LOANDEPOT.COM, LLC $3,115,000 $1,075,000 -65.5% 1.0%
    EVERETT FINANCIAL, INC. $1,045,000 n/a 0.9%
    KeyBank $425,000 $935,000 120.0% 0.8%
    NEWREZ LLC $1,035,000 $720,000 -30.4% 0.6%
    Mortgage Research Center, LLC $1,210,000 $690,000 -43.0% 0.6%
    Northpointe Bank $530,000 $655,000 23.6% 0.6%
    RANLIFE, INC. $1,330,000 $655,000 -50.8% 0.6%
    CITY FIRST MORTGAGE SERVICES, L.L.C. $465,000 $630,000 35.5% 0.6%
    LOANPAL, LLC $700,000 $610,000 -12.9% 0.5%
    FREEDOM MORTGAGE CORPORATION $1,250,000 $565,000 -54.8% 0.5%
    PLAZA HOME MORTGAGE, INC. $145,000 $555,000 282.8% 0.5%
    AMERISAVE MORTGAGE CORPORATION $1,275,000 $515,000 -59.6% 0.5%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,015,000 $515,000 -49.3% 0.5%
    CYPRUS Federal Credit Union $745,000 $485,000 -34.9% 0.4%
    Century Mortgage Company DBA Century Lending Company $470,000 n/a 0.4%
    Utah Mortgage Loan Corporation $530,000 $455,000 -14.2% 0.4%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $420,000 n/a 0.4%
    Glacier Bank $1,700,000 $415,000 -75.6% 0.4%
    NAVY FEDERAL CREDIT UNION $415,000 n/a 0.4%
    CANOPY MORTGAGE, LLC $6,355,000 $410,000 -93.5% 0.4%
    BAY EQUITY LLC $760,000 $395,000 -48.0% 0.4%
    CITYWIDE HOME LOANS, LLC $480,000 $375,000 -21.9% 0.3%
    Plains Commerce Bank $435,000 $370,000 -14.9% 0.3%
    U.S. Bank $520,000 $355,000 -31.7% 0.3%
    Barrington Bank & Trust Company, N.A. $45,000 $320,000 611.1% 0.3%
    AMERICAN ADVISORS GROUP $370,000 $315,000 -14.9% 0.3%
    CASTLE & COOKE MORTGAGE, LLC $2,190,000 $300,000 -86.3% 0.3%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $370,000 $290,000 -21.6% 0.3%
    MID AMERICA MORTGAGE, INC. $275,000 n/a 0.2%
    University First Federal Credit Union $165,000 $275,000 66.7% 0.2%
    NBH Bank $245,000 n/a 0.2%
    VILLAGE CAPITAL MORTGAGE $290,000 $245,000 -15.5% 0.2%
    CROSSCOUNTRY MORTGAGE, LLC $1,465,000 $235,000 -84.0% 0.2%
    GUARANTEED RATE, INC. $225,000 $235,000 4.4% 0.2%
    Mr. Cooper ( Nationstar Mortgage ) $955,000 $235,000 -75.4% 0.2%
    USAA Federal Savings Bank $410,000 $235,000 -42.7% 0.2%
    AMERICAN PACIFIC MORTGAGE CORPORATION $115,000 $230,000 100.0% 0.2%
    Gateway First Bank $295,000 $215,000 -27.1% 0.2%
    MY MOVE MORTGAGE, LLC $570,000 $205,000 -64.0% 0.2%
    SUN AMERICAN MORTGAGE COMPANY $1,375,000 $195,000 -85.8% 0.2%
    Carrington Mortgage Services, LLC $270,000 $190,000 -29.6% 0.2%
    AMERICAN UNITED FAMILY OF CREDIT UN $265,000 $185,000 -30.2% 0.2%
    Nations Lending Corporation $280,000 $185,000 -33.9% 0.2%
    PANORAMA MORTGAGE GROUP, LLC $95,000 $185,000 94.7% 0.2%
    LIBERTY HOME MORTGAGE CORPORATION $175,000 n/a 0.2%
    Network Funding, L.P. $305,000 $175,000 -42.6% 0.2%
    Alpine Credit Union $165,000 n/a 0.1%
    Bank of America $215,000 $165,000 -23.3% 0.1%
    LONGBRIDGE FINANCIAL, LLC $155,000 $165,000 6.5% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $175,000 $155,000 -11.4% 0.1%
    SUN WEST MORTGAGE COMPANY, INC. $155,000 n/a 0.1%
    The Federal Savings Bank $215,000 $155,000 -27.9% 0.1%
    MORIA DEVELOPMENT, INC. $145,000 n/a 0.1%
    Wyndham Capital Mortgage, Inc. $145,000 n/a 0.1%
    AMERICAN FINANCING CORPORATION $580,000 $135,000 -76.7% 0.1%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $2,415,000 $135,000 -94.4% 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $115,000 n/a 0.1%
    JPMorgan Chase Bank $605,000 $115,000 -81.0% 0.1%
    CHARTWAY FEDERAL CREDIT UNION $55,000 $105,000 90.9% 0.1%
    MOVEMENT MORTGAGE, LLC $145,000 $105,000 -27.6% 0.1%
    PHH Mortgage Corporation $425,000 $105,000 -75.3% 0.1%
    Deseret First Credit Union $100,000 n/a 0.1%
    Peoples Bank $95,000 n/a 0.1%
    REVERSE MORTGAGE FUNDING LLC $95,000 n/a 0.1%
    Truist $295,000 $65,000 -78.0% 0.1%
    GOLDENWEST $125,000 $35,000 -72.0% 0.0%
    SECURITY SERVICE $35,000 n/a 0.0%

    Price's top lender by overall market share is MOUNTAIN AMERICA, with 10.7% market share. In second place, with 9.4%, is Bank of Utah, having originated $10,475,000 in loans. In third place, with 7.5%, is Paramount Residential Mortgage Group, Inc., having originated $8,340,000 in loans. In fourth place, with 6.7%, is Utah Power, having originated $7,405,000 in loans. In fifth place, with 6.6%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $7,370,000 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
    Price's median listing price for 2023-02-01 was $380,750, a difference of $26,625 (7.5%) versus the prior year and $40,750 versus the prior month.

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

    Price's average listing price for 2023-02-01 was $348,731, a difference of $10,509 (3.1%) versus the prior year and $-541 versus the prior month.

    For the 2023-02-01 period, Price had 46 MLS listings, a difference of -9 listings (-16%) versus the prior month and 35 listings (318%) 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 2,023 sqft
    2019-03-01 0 days 2,033 sqft
    2019-04-01 0 days 2,004 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
    Price's median listing age (time on market) for 2023-02-01 was 0 days.

    Price's median square footage for active listings during the 2023-02-01 period was 1,658 sqft. One year prior, the average listing was 2,109 sqft.

    Price, UT Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 316 $66,800,000 $211,392
    Cash Out Refi 129 $24,415,000 $189,264
    Refi 89 $12,495,000 $140,393
    Other 65 $4,855,000 $74,692
    Home Improvement 37 $2,365,000 $63,919

    Price's most frequently cited loan purpose was Home Purchase, with 316 originations. The 2nd most popular reason was Cash Out Refi, with 129 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    4-5% 161 $28,105,000 $174,565
    5-6% 161 $31,935,000 $198,354
    3-4% 132 $26,960,000 $204,242
    6-7% 76 $12,600,000 $165,789
    7-8% 38 $3,920,000 $103,158
    2.5-3% 29 $4,305,000 $148,448
    Over 8% 24 $720,000 $30,000
    <2.5% 15 $2,385,000 $159,000

    During 2022, Price's most frequently originated rate bucket was 4-5%, with 161 originations.

    Loan Sizing (Price, UT MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 218 $32,500,000 $149,083
    $100,000 or less 201 $9,945,000 $49,478
    $200k-400k 185 $50,845,000 $274,838
    $400k-600k 28 $13,200,000 $471,429
    $600k-1000k 3 $1,935,000 $645,000
    $Over $1MM 1 $2,505,000 $2,505,000

    Price's loan sizing saw the bucket of loans from $100k-200k with 218 originations, totaling $32,500,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 229 $54,405,000 $237,576
    60-80% 160 $35,800,000 $223,750
    Under 20% 100 $2,850,000 $28,500
    40-60% 80 $11,860,000 $148,250
    20-40% 63 $5,215,000 $82,778
    Over 100% 3 $755,000 $251,667

    Price's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 229 originations, totaling $54,405,000 in origination value.