Price Mortgage Rates & Closing Costs

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.